The cost of education

The cost of education or school fees is a unique cost, because these costs MUST be issued when the son / I we enter education. Because if not possible due to unprepared ness of funds, baby we were told to wait. "Son, just so next year the school entrance, Papa and Mama did not have enough money to put you to school." I hope that statement will never go out of our mouths as a wise old man.

You know, that really is the architect of parent’s education planning for children. As the architect of a parent education course to make children's education funding plan as early as possible.

For parents that are less / not prepare these funds, usually relying on Pawnshops to seek a loan to pay school fees. No wonder it felt when the new school season arrives, the use of mortgage services jumped sharply. Legitimate way the hell does this. But as a wise old man and full of responsibility, should start preparing early and avoid the destitute condition, which eventually had to borrow here and there or to the pawnshop.

Education Insurance could be one solution to prepare the educational fund for the son / I loved. By following this education insurance, you will be forced to save, so that your self-discipline to prepare for the education fund will be formed. You take advantage of this educational Insurance is a health cover for the male / I loved, but that when there is a risk in the elderly such as, critical illness, total permanent disability or even death, then the deposit will then be covered by the insurance company until a certain age. Thus the education fund son / I will remain guaranteed availability.

Tuition fees can not be postponed, but can be planned

It may be that some among us have an abundance of treasures that can be to finance the cost of how much is needed, because we are still able to work. But who can ensure up to what age we are able to work ..? Physical man is not always healthy to be able to continue working, or we could be healthy but we work through problems, but the kids we love to keep the school.

Preparation of education funding is very unique, because it has several quite distinct stages in each level starting from Kindergartens, elementary to university. So education investment has different time horizons. This opens the opportunity for us as parents to maneuver in investing.

Let us set up education funds for son / I loved, so that one day they become a generation that can deliver leading this nation toward true prosperity.

Health insurance

Health insurance is a type of insurance products that specifically guarantee the cost of health care or treatment of the members of the insurance if they fall ill or have an accident. Generally, there are two types of treatment offered by insurance companies, namely hospitalization (in-patient treatment) and outpatient (out-patient treatment).

Health insurance products held either by the social insurance companies, insurance companies, as well as general insurance companies.

Some insurance companies and life insurance also has marketing programs of health insurance with a variety of different variants. In general, insurance company’s health insurance program organized in cooperation with the hospital providers either directly or through intermediary institutions as an assistant hospital network management.

Education Insurance

Education Insurance is a type of insurance that provides assurance / guarantee that funds will be used for future education expenses. Insurance Education has two elements and Protection of Investments. Investment aims to create a number of fund / cash value to be able to beat the rate of inflation, so that the funds or cash value that is created can be used for education funding.

Protection has the goal of providing health protection to themselves the Son or the primary participant or primary insured, so if there is a risk (pain) then this insurance will provide compensation, without reducing the funds that had invested in insurance education. With this protection is given the funds that had invested will not be disturbed because there was a risk. In addition to child protection to health, it also provides insurance facility STOP SAVING (read: invest), when the parents (depositors) have risks, which then the company will take over for deposit into the account in the child's education insurance account until the child is older ( age 25 years). So with this protection of the Fund for the Education of certainty is always available when needed.

Choose a Good Insurance Company

Choosing a good insurance company is not easy. Especially in the midst of intense competition among insurance companies today.

Many insurance companies claim they are the best. This can be seen if there is an insurance product offered to the public through ads, almost nothing is less. Similarly, the performance they do, always featured a fine. Somewhat rarely express insurance company management weaknesses they experience.

However, there are several factors that should be considered in the process of choosing a particular insurance company for life insurance and loss.

Things to remember that in choosing a private insurance company, then that should be considered in general are three factors: First, the financial strength (security). Second, services (service). And third, the cost.

 

The financial strength of insurance related to the company's financial ability to fulfill its promise if the situation requires. It is important to know, because not a few insurance companies are looking at the flashy exterior. For example storey building, a vehicle that good directors. But when there claims from customers, the company can not pay.

In assessing the financial strength of this there are some benchmarks that need attention.

 

Assets and liabilities. This can be seen from the financial balance sheet is published in the newspaper. See also, whether planted in the current investment or long

term. In terms of liability (ability to pay off liabilities) will look at the balance sheet, how the debts by reasuradur, how he fulfilled the obligation to pay claims, and so forth.

Indicators of net liabilities include equity (own capital) divided by net premiums (net premiums) of at least 50%. Own capital divided by gross premiums (gross premiums) of at least 20%. Limit the level of solvency, which is visible from its own capital divided by net premiums of at least 10% and investment funds a minimum technical reserves divided by 100%.

 

Underwriting Policy. On the balance sheet and annual report will be seen that the insurance is still a profit, or profit growth. This means it underwriting policy good.

 

Its underwriters. Insurance has personnel qualified or not. It is known from the profile companies that includes the underwriters him.

Services (service) is the extent to which the mirror of human resources at the company's qualified or not. Moreover, insurance companies are selling a service, so excellent service is the key. For example, the extent to which the speed of service in both the policy issue especially in the payment of compensation or claim. In addition, about the service can actually be felt by the customer. Is this insurance company was absolutely the best service for its customers.

In this connection should also be questioned, whether this insurance company in reinsurance first-class safety. This can be seen from its annual report. It is important to note, because if the company is not backed up by reinsurance, the company is likely to be speculative in receiving the premiums.

The problem is how much the cost of expenses incurred by insurance companies in operation. If it is greater than the cost of income, then obviously the company is not efficient. If it's not efficient, it will end up losing money. And if the losses continue, certainly not healthy.

In this connection, could also see the price premiums. Compare the price of insurance premiums with other insurance. Where the quality really good.

Today the government has set a benchmark of health insurance (not the only one) is through mechanism RBC (risk capital base). If his numbers of RBC, it means the company is valued in good condition. But we must not be fixed solely with RBC numbers. Because, can also be a large company that is doing great expansion like to open many branches, then his RBC numbers would be small.

Conversely, there is a small insurance company but never to expand, the RBC number was probably much greater.

Thus, RBC numbers can not be used as the only measure, whether the insurance company is healthy or not.

In this case, also noteworthy is the company's performance in two or three years. How big profits every year, how much the gross premiums they receive each year, how much additional capital and assets every year.

And last but not least is how the company's management behavior for this. Is there a management company for this broken promise? Has this company management experience defaults, and so forth.

Choose Insurance Losses Right

You want to buy the insurance policy? Do not hurry. There are some things that need to be considered when determining what insurance products you want to use, either for yourself or for your employer. Some tips can help you.

1.      Separate the items / objects in accordance with its economic calculation

Choose items that really need to be insured, so you have nothing to lose. For example, if you intend to take fire insurance for the house and household furniture, then you do not need to enter the computer and all the trimmings into the calculation. Why? Because the recovery value for the computer company is very low if compared at the time of the purchase value of the computer or be insured at the time.

Another example, you will take the insurance of motor vehicles (cars) on the company's assets. If the cars that will be insured are aged over 10 years, the economic cost of insurance premiums will be greater. Another case if the company can set their own / self-insurance on the vehicle's assets.

2.      Identify goods / objects are clearly

You should first identify the goods / objects that will be insured. For example, the Toyota Corolla sedan in 1998.

At the company, such as a garment factory and its machinery, generators and other equipment associated with the event factory.

3.      Choose your insurance company with a good reputation

Do not be fooled by insurance companies that provide premium rate (the amount paid for a given protection unit) is low or high premium discount. If you do, can-can the insurance company can not claim complete payment when you make a claim against them.

4.      Give information clearly

Give very clear description of the object you are insured to the insurance / insurance broker. Instead, ask-more complete information about the insurance products they offer. You can ask about the types of insurance, extensive warranties, rate premiums, deductibles (the amount of expenses you will pay before the insurance company began paying compensation), cut or claim procedures.

5.      Ask the scope of insurance coverage (insurance coverage) is best

You should ask the most extensive insurance before the insurance guarantee insurance policy is issued.

For example, for fire insurance you can ask RSMD Fire Insurance 4.1.A or 4.1.B earthquake (earthquake) flood (flood). Property insurance for buildings, you can ask property covers all risks (PAR). If you want to insure your vehicle, ask your motor vehicle insurance covers all risks RSMD 4.1.A, etc..

Select a package of insurance products

Instead of just choosing one insurance product, you are encouraged to select one package at once. That way you will get discount facilities and better services. For example the purchase of home insurance (fire insurance) following cars (Car Insurance) and personal accident for family members.

6.      Request system "First Loss Insurance"

Special coverage for objects that have a value / a very large number, for example over Rp 100 billion, have the system of "first loss insurance" to the insurance that the premium you pay is not too large.

7.      Ask the system "Adjustable Policy"

Value / amount of insurance stock merchandise usually indicates a different volume every day or every month. To fix this, you can ask the system "adjustable policy". With this system you will pay premiums in accordance with the volume / transaction really have to do.

8.      Read, thorough and asked

Read it carefully and examine the contents of the policy statements and articles, chapters. Ask about the procedures that will claim you did before agreeing to an insurance policy issuance.

If there are errors in writing, either on the object of insurance or other information, immediately notify the insurance company / insurance broker. They will soon issue a written improvement in the policy.

Once you have approved the issuance of the policy in question, ask for the original documents and copies of the policy, complete with a receipt as a sign of ownership and payment of insurance premiums

Question About Insurance?

Do I need to buy car insurance?

Although not required, but highly recommended car insurance for any vehicle owner or user, especially if your vehicle is still in the process of credit (as if the accident happens you still have to pay until the payment is complete). Thus the existence of insurance coverage, will make motorists feel better deal with the arrival of danger is never unexpected.

Are there other benefits I get from the vehicle insurance?

Basically, insurance companies will not harm the insured. It's just another benefit of car insurance can not be viewed as financially, but more on the moral advantage which the insured feel more secure and calm with a guarantee of insurance for any unexpected disaster coming.

How many types of car insurance?

Vehicle insurance consists of:

1. Comprehensive / All Risk guarantee losses due to collision, crash, upside down, slipping, evil deeds of others, lost vehicles, fires, floods, riots, civil commotion, loss of additional equipment, etc..
2. Total Loss Only (TLO) to ensure loss resulting from the total burnt, lost, crash with minimum damage 75% of the price of the vehicle.

How do I pay insurance?

Payment can be done in 3 ways:

1. Direct transfer to the account of the relevant insurance company.
2. Cash/credit card to the cashier in the office of the insurance company.

Risk insurance is not guaranteed?

Motor vehicle insurance does not guarantee loss or damage caused by:

(Note: Some companies provide different rules)   

• Loss of profits / income
• As a result of evil deeds insured, husband / wife / son / brother, someone who's knowledge / permission of the insured, those who worked on the insured
• As a result of attractive / pushing other vehicles, pulling trailers, learn to drive, rally, crime, excess load, run by people who are affected by alcohol, embezzlement
• Wear and tear on the vehicle materials, corrosion
• War
• Reactions / nuclear radiation
• As a result of insects or small animals
• Driven on the street illegal / road closed
• The driver does not have a valid driver's license
• Skills used in competition
• Vehicles running in disrepair / not suitable road

DEFINITION AND FUNCTIONS OF INSURANCE

Many definitions have been given to the term insurance, which on the face there is no similarity between the definition of each other. This is understandable, because they are defined according to the perspective that they use in looking at insurance, which in accordance with the above description that insurance can be viewed from several angles.

definitions include:

1. Prof. according to the definition of insurance. Mehr and Cammack:

"Insurance is a means to reduce financial risk, by way of collecting exposure units in sufficient numbers, to make the individual losses can be estimated. Then the predictable losses were borne equally by those who joined".

2. Prof. according to the definition of insurance. Mark R. Green:

"Insurance is an economic institution which aims to reduce risk, by combining in a number of management objects large enough numbers, so the overall loss can be predicted within certain limits".

3. Definition of insurance by Arthur C. William Jr. and Richard M. Heins, which defines the insurance based on two points of view, namely:
• "Insurance is a security against financial loss by an insurer".
• "Insurance is an agreement by which two or more persons or entities to raise funds to cover financial loss".

4. Definition of insurance according to Safir Senduk

"Life Insurance is a promise from the insurance company told its customers that if the customer runs the risk of death in life, then the insurance company will give a particular amount of compensation to the heirs of those customers. By taking Life Insurance, it is expected that you leave the party no difficulty in paying cost her life. "

Based on these definitions above would be about the definition of insurance that can cover all points of view:

"Insurance is a means to reduce the risk inherent in the economy, by combining a number of units affected by the risk of the same or nearly the same, in large enough quantities, so that the probability of losses can be predicted and if the predicted losses will occur in a proportional share by all parties in the joint ".

Insurance Function:

1. Transfer Risk

By paying a relatively small premium, a person or company can move the uncertainty of life and property (risk) to the insurance company

2. Collection Fund

Premiums received and collected by the insurance company as a fund to pay for the risk that happening.

Choosing Car Insurance

STEP TO CHOOSE CAR INSURANCE

A growing number of car insurance products on offer. Therefore, the principle carefully before buying, should be applied, so no regrets in the future. Before deciding to choose one of several car insurance products offered:

1. Determine the type of insurance coverage desired. Overall protection (All Risk) provides the best protection, but you need to take into account the economic side.
2. Do not be fixated on the size of the premium to be paid. See the company's credibility, especially in terms of service, claims handling and financial capabilities.
3. Many insurance companies are credible and bona fide, though without the support of re-insurance companies. But there was no harm in finding out track record of re-insurance company (if any).
4. Does the company provide additional benefits, such as 24-hour claims service, free towing, insurance claim process 24 hours, etc?
5. You should see the network's corporate partner workshop. How much, where the location and how the quality of these workshops.
6. Understand exactly what are the rights and obligations. What should you do and what not. Are there exceptions in the policy contract, what pros and cons for you?

Secure Your Car

Securing PERSONAL VEHICLES

The car is an asset. So, do not carelessly treat your car, including in terms of parking. You see, when this many vehicle theft either two or four-wheel high. Sure, almost every day another victim of losing a vehicle.

Concerning this issue seems not only be the responsibility of the authorities, the parking attendant or guard, but also the responsibility of the owner himself.

Here are some tips that obtained from a mailing list (mailing list) that the contents of information about maintaining our assets in the form of the car to be safe or at least protected from crime.

1. If you use the services of a driver to slide around and count will take a while, then you should not let the driver was waiting in the car. Why? You see, thief can easily hold up the driver and asked for the key and the letters. If the driver could be fighting instead risked his life. So, should he asked to leave and wait outside the locked car while watching the car.
2. If not using a driver and a car accident that you are using is the type of vehicle used by the general public, it is advisable to unplug the distributor or the distributor and installed all the wheel-shaped keys stick across the middle of the steering wheel. Not recommended base ball stick model that just stick on top. Because of the thief that the wheel could be removed and replaced with his own steering wheel.
3. How about an alarm? If this is the only "keeper" car, then this is not recommended. Because, from some observations and experiences, the alarm was not considered effective because it can often be seen there was a car alarm blaring note instead asked by several guards around left. Recommended, in addition to the alarm, there remains another form of anticipation.
4. Another modus operandi is to remove a car license plate in the parking lot, then replaced with the car number plate thieves. Well, the thief came out with ease, as he showed him a parking ticket parking on record is valid. Arriving outside the plates were opened and then come back and installed in his car, then out again with a report to the parking guard that the ticket was missing. And if it is checked by the parking, so he can show all the completeness of vehicles including a valid vehicle registration, police numbers right, correct engine number, body number correct. Could be, he just pays a few thousand dollars fine but he can merry way out, steal a car.

Loss of vehicles really unfortunate that we all do not want to experience it, especially if not insured, can be more worse again.

What Is Insurance?

What Is Insurance?

When we think about insurance, the first thought is free from financial losses due to unexpected accidents coming. Since the purpose of insurance is basically to reduce the uncertainty of the possibility of unexpected losses. In general, insurance is defined as an agreement where a person makes a bond with an insured to receive a premium to provide reimbursement to him for a loss, damage, or loss which may be experienced due to unexpected events.

What benefits of Insurance?

Insurance is known in Indonesia include life insurance, general insurance and health insurance. Loss insurance is insurance that protects the property and its contents such as houses, apartments, cars and others.

Car insurance intended to protect from the threat of unforeseen hazards such as collision, theft of car parts or even the car itself is stolen. By protecting the car with insurance, we can drive a car with a sense of calm and safe to travel anywhere.

Types of car insurance coverage of:

 

• Comprehensive Insurance or All Risk

Guarantee losses resulting from large and small accidents or loss with the imposition of additional equipment / vehicle damage or loss.

• Total Loss Only or TLO Insurance

Guarantee losses resulting from an accident with damage to a minimum 75% of the price of the insured or the vehicle missing.

In addition to the basic protections such as the above, car insurance also provides such insurance expansion law liability to third parties and passengers, a riot (Strike, Riot and Civil commotion), Natural Disaster (Act of God), etc..

Currently, very easy for you to obtain car insurance an attractive and appropriate to the needs of as many insurance companies in Indonesia are competing by offering interesting programs. More and more people showed that awareness of insurance to protect the price of their items from the possibility of danger is getting better.

Insurance companies in the country now compete to serve the best for the community, both in terms of programs to claim problems.

Choice of Insurance

Choice of Car Insurance

As we know every person never expect disaster, but the unfortunate reality always comes unexpectedly and can not be avoided, so the solutions needed to anticipate the risks and reduce the impact of catastrophe losses that have occurred.

Along with the increasing trend of traffic and crime measures on the highway, it also increases the likelihood of accident involving your car, from the relatively mild such as knock, scratch, pencongkelan rearview mirror, until the weight of such collisions, motor vehicle theft and even robbery .

For that to meet the security needs, you can choose the car insurance product that can provide protection against the worst risks that might happen to your car.

It is usually a concern when choosing a car insurance claim and workshop facilities used partner insurance companies at the time of claim.

Here we give you information about how to choose an insurance company that has an extensive network of formal workshops as well as associates and facilities in claim wherever you are.

Car Insurance Quotes

Car Insurance Quotes

Let us think for a moment before choosing and buying car insurance. In the past, shopping for car insurance tends to be a long process and tiring of long wait times on the phone or sitting at the agency when he put all the vital signs you into a computer system. We have facilitated the process of car insurance quotes for up to two minutes. That's right. Only two minutes. Give us two minutes and you'll have a car insurance quote from our commitment. If you look good, you can choose to make your application online, pay premiums, and even pay for and print proof of your current insurance card too. There are waiting to be sent to you. There are standing in long lines or having to navigate a complicated phone system just to get some information. all available to you online.

If you have questions or want to talk to someone who is real, it was an easy choice for you, too. Even if you've let your car insurance hose or have a past history of traffic violations, most likely, we have a policy that will drive according to your needs and your budget. It all started with a car insurance quote. Surely you can find two minutes in your busy day to find out how you can be in the legal way for less?

Low Cost Car Insurance

There are several ways to obtain car insurance with the cheap price.

1. We shop around for a leading insurance company that will offer the best prices. We are looking for companies that will give us multifamily and multipolicy discount. Sometimes we look for companies that offer insurance to groups or organizations that we are affiliated.
2. We trying to maintain power to a minimum because the insurance companies are more likely to provide lower cost insurance if you drive less than if you drive a lot. Plus, more driving means more risk of quotations or accident, which brings us to the third way in which we obtain and maintain a low cost car insurance. We drove carefully, because we all know that the quotes and traffic accidents resulted in higher insurance costs.

However, there are several other more or less known ways to get low cost car insurance. Buying a low profile car, ie, one that is less likely to be robbed, damaged, and / or stolen, and living in areas not considered high crime areas are two of their ways. Insurance companies are more likely to provide low cost car insurance if they know your car is not at great risk because of being robbed, damaged, and or stolen. If buying a new car and / or moving are not options for you just to get low cost car insurance, consider adding some safety features your car, such as alarms, air bags, automatic seat belts, etc.

Try not to use your car for business purposes. For example, if you moonlight as a pizza delivery man, you're likely to use their own car, and your insurance company is more likely to charge a higher insurance costs.

Low cost car insurance is not hard to get or keep as long as you are aware of both the famous and the lesser known, low cost car factor insurance