Global Medical Insurance
Individual & family one year or longer
Global Medical Insurance is a long-term, annually renewable, U.S.-style major medical insurance plan. There are three plan options available: Silver, Gold and Platinum. The Silver and Gold plans provide US$5,000,000 of lifetime coverage, while the Platinum plan provides US$8,000,000 of lifetime coverage. Global Medical Insurance offers two areas of coverage to non-U.S. citizens and to U.S. expatriates who want a quality medical insurance plan that will respond to their medical needs anywhere in the world. The two areas of coverage are for people needing coverage worldwide or worldwide excluding U.S./Canada.
Tags: Amp, Brochure, Buy Insurance, Canada Insurance, Citizens, Expatriates, Global Insurance, Global Medical Insurance, Insurance, Insurance Medical, Lifetime Coverage, Major Medical Insurance, Medical Insurance Plan, Plan Options, Platinum Plan, Quote Insurance, Silver And Gold, Silver Gold, Two Areas
When looking at health insurance plans, it is not uncommon to see the term coinsurance. Coinsurance simply means the percentage of covered expenses under a medical insurance plan that is paid by the insurance company once a deductible is satisfied. For example if you hear the term 80/20 plan. That means that after the deductible is met you the subscriber will pay 20% and the insurance company will pay 80%. You will continue to pay that 20% up until you reach the annual coinsurance maximum, and then the insurance company will pay 100% up to the policy maximums.
Make sure you check your policy for it’s definitions. If you purchased your insurance through me or are looking to use me as your agent, I would be more than happy to go over this with you.
Tags: Coinsurance, Definitions, Health Insurance, Insurance, Insurance Company, Maximum, Maximums, Medical Insurance Plan, Subscriber
