Tuesday 7 April 2015

Experience Auto Insurance

08:01
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Besides compulsory insurance, car owners can purchase insurance services other voluntary contribution to harm reduction in case of accident, theft.

But choosing the security package no insurance, no insurance company reputation and consistent with the conditions of use of his vehicle, the vehicle owner does not know. On the auto insurance market today there are 4 types of insurance customers when buying a car can participate in most insurance companies include: Compulsory insurance of civil liability of motor vehicle owners to third parties;Insurance of civil liability of vehicle owners for freight car; Physical damage insurance of motor vehicles; Insurance passengers and other drivers car accident.

Of these, compulsory insurance of civil liability of motor vehicle owners to third parties is that all types of individuals and organizations (including foreign individuals) car ownership in Vietnam forced to participate as prescribed by the state, to ensure the rights of a third party if the unfortunate owners, driving, causing damage to them. This category does not apply only to vehicles but also applies even motorcycles - means the potential risk of accidents (extreme danger, according to the authorities).

3 types of insurance remaining entirely voluntarily content agreement with the insurance company. Type of material insurance (hull) vehicle owners using popular car, the insurance company will compensate the material damage caused by the car accident suddenly, out of the control of vehicle owners, driving in the case of a collision, overthrow, fire, fire, accidents majeure due to natural (hurricanes, floods, landslides, lightning, earthquakes, hail, take the whole car) .Basically, insurance auto insurance companies have forms and similar terms, based on Decision No. 23/2007 / QD - TC issued by the Ministry of Finance.According to the insurance company in Vietnam, with 70% of customers buy only used cars hull insurance for the car.

However, auto insurance customers often ignore a very important procedure, which is the contractual terms between the owner and the insurance company. One of the reasons that caused the controversy and litigation that the insurance contract does not understand the regulations and insurance. Nguyen Thuong, in charge of Business Insurance Post said, the majority of customers do not always interested in the conditions of contract terms: as overdue registration, improper use of vehicle registration purposes, accidents when driving with no insurance B2 or lack of need insurance.

Therefore, to avoid inadvertent may detriment later, before you buy insurance, you need to delve into the category of contract and consider expanding coverage. Also, you should consider the following criteria: First, cost, price, existing insurance companies are competing in both price and quality. Consider the price of insurance is right for your budget best. Please read the terms of insurance contracts. When the incident, leaving the scene and immediately contact the insurance company to settle.

Second, compensation, you learn through friends, media services for compensation of the company you are interested quick, convenient, accurate or not. Third, the service, you should choose the insurance company or garage prestigious and convenient for travel, repair and understand the level of cooperation of the insurance company with garage, avoid traveling extensively times as cumbersome procedures.

Important Things to Know about Car Insurance

07:50
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Along with economic development, more and more people choose cars as transportation for themselves. To protect the vehicle, an important asset, vehicle owners often choose to buy insurance for your car. But between 20 insurance companies on the market today, how can pick the appropriate insurance and buy the kind of insurance for your car will be the concern of anyone who owns a car.

Car Insurance

Car insurance compensation for your financial losses arising from accidents involving your car. It is the first contract concluded between you and the insurance company (insurance companies), whereby when you pay the premiums (insurance) and insurance companies committed to compensation for damages under the provisions of the insurance contract .

Car insurance compensation what?

Car insurance compensation for material damage vehicles, third party liability and accident sitting in the car:

Physical Damage Car: compensation in case of accidents leading to vehicle damage, deformation or stolen

Responsibility for third parties: Compensation liability for your third party due to negligence causing injury to person or property damage to third parties

Accident passengers: compensation for medical expenses and other costs to passengers when an accident

This cover does have some exclusions, many of which are especially common ones and can make you upset when experiencing loss without compensation. However, there are some cases, insurance companies will give some exclusions if you agree to pay additional charges. Some exclusions you should look to buy more as damage goes on the road flooded, stolen parts, Insurance companies are not always willing to expand to the point of exclusion.

By law, liability insurance is compulsory third party car owners. If you do not have insurance, you'll be fine, keep driving by car or by the traffic police. You must purchase this insurance, at least at a minimum, 50 million VND for injury to persons and 50 million VND for damage to property

Term insurance

majority, the application / auto insurance policy with a term of 1 year. In case you buy a car installments, the bank may require you to buy insurance in the first insurance company to appoint a longer term, usually three years.

At the end of the insurance period, usually your insurance agent will ask you to renew the contract and pay the premiums for the new term.

The note when you have an accident and payment procedures

One of the most commonly occurring negligence car accident when the car owner did not keep the scene to the insurance company confirmed the damage. Some cases of collision with another vehicle, the customer is often said that the car has insurance should not care to make a record.Meanwhile, most of the insurance companies are regulated in case of an accident, the vehicle owner or driver must immediately notify the police agencies and insurance to solve.

In addition to timely notice, the car is not moving to dismantle or repair without the approval from the insurance company, unless instructed to implement the agency's authority.

If a case of loss of the vehicle owners (or drive) to immediately notify the police and local authorities where the incident occurred and immediately notify the insurer in writing. Typically, the majority of insurance companies specified length of time your car is notified 24 hours after the incident.

Besides the above provisions, vehicle owners need to collect full papers to the insurance company paid quickly. Depending on each company, but the general documents for payment include: accident records by police agencies set up; papers relating to the vehicle such as insurance certificate, certificate of environmental safety inspection, driver's license, vehicle registration papers; the invoices related to the cost of emergency medical records (people), the cost of repair or replacement (assets) relating to the settlement of traffic accidents.

Choosing Car Insurance: 6 Important Services For You

05:15
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For the first time customers owning a car, buy insurance for the vehicle will be based on the advice of the salesperson, the introduction of acquaintances,

Because simply no experience necessary for the service when choosing car insurance. However, after experiencing a period of insurance services, cars, facing trouble traffic participants, customers will be drawn to your services necessary to choose an insurance product car insurance for the next time. That's the basic services as follows:

Hotline:

This is a powerful tool to support customers using car insurance. Hotline support timely emergency situations when the accident occurred regardless of the day or night. Guide customers to handle the situation at the scene when the incident occurred. In addition to recording and monitoring procedures for compensation, the hotline can answer any questions from customers products and services to the compensation procedure.

Rescue Free Traffic:

When a problem occurs, the client only wishes his car was towed to the garage for repairs. No one will be interested in how much cost to your car is safe for rescue. However, if the car crash in a remote place in the dark, the cost of emergency transport is not a small effect. So rescue service free traffic across the country as well as the preferred choice for car owners.

Genuine Repair Garage:

This service is equally important to ensure that the car retains value after repairs. With genuine repair garage, customers peace of mind about the quality of repairs and spare parts. Moreover, the insurance companies are now associated with the original garage repair, the insurance company will pay directly to the garage, so customers do not pay cash to repair This garages.

Repair and replacement parts are not depreciated:

None car insurance to forward the issue with her. However, life is always "no one knows the word surprise", so if a problem occurs the customer does not have to take time to calculate depreciation if your car insurance products and repair services replacement parts are not amortized. For vehicles used, results are difficult to calculate depreciation for each part of the car needs to be replaced. For those expensive luxury cars, repair and replacement parts are not depreciated as a priority Vietnam service to ensure the vehicle remains the same value after repairs.

A water Insurance:

Mercury size (flooding) is an obsession of the driver when the flow in the rainy season because A water always cause severe engine damage and repair costs are very high. So insurance is always enabled hydraulic top concerns of customers when buying car insurance. Currently, some insurance companies offer insurance A water will be in the physical vehicle insurance package. When buying car insurance is always material Insurance A water customers at no extra charge for this coverage.

Insurance stolen parts:

But this is kind of optional accompanying material car insurance but the car owners are concerned by the situation occurred stolen car parts regularly, especially in big cities . With this benefit, customers are more secure because of the risk sharing from the insurance company.

What You Should Know About Car Insurance

05:09
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In addition to the compulsory insurance of civil liability of motor vehicles, different types of insurance to minimize the damage. If you want to pay a quick insurance, car owners should collect full decade necessary paperwork and is best helped by relatives.

The Bao Minh paid 300 million for the Mitsubishi Jolie owner fires back October, is clear evidence for the interests of customers when purchasing insurance. The amount of 300 million is not enough to purchase a new car, but compared to the "lost", it is also somewhat less physical damage that riders encounter.

Other forms of insurance and benefits

Currently, there are 4 types of insurance customers when buying a car can participate in most insurance companies including compulsory insurance of civil liability of motor vehicle owners; insurance of civil liability of vehicle owners for freight car; physical damage insurance of motor vehicles; Insurance passengers and other drivers car accident.

In the four categories above, compulsory insurance of civil liability of motor vehicle owners is that all types of individuals and organizations (including foreign individuals) car ownership in Vietnam to participate in accordance state regulations.When buying insurance, motor vehicle owners insurance company will pay the amount they have to pay compensation under civil law for damages caused to third parties and passengers under the contract of carriage by the use of a motor vehicle causing.

For the case of damage, the insurance will pay the reasonable expenses for the treatment, rehabilitation training, funeral costs ... .and reasonable degree of fault of the owner of the car. For assets, payments are calculated on the basis of actual damage and vehicle owner's fault. In addition, vehicle owners also pay for reasonable and necessary to prevent, limit losses related to the accident such as a fire call, use a fire extinguisher.

The remaining three types of insurance customers after totally by voluntary content agreement with the insurance company. Especially in that, with the type of material and car insurance, the insurance company will compensate the material damage caused by the car accident suddenly, out of the control of the owner of the car, the driver in the case Collisions, overthrow, fire, fire, accidents majeure due to natural (hurricanes, floods, landslides, lightning, earthquakes, hail, take the whole car).

The note when you have an accident and payment procedures

One of the most commonly occurring negligence car accident when the car owner did not keep the scene to the insurance company confirmed the damage. Some cases of collision with another vehicle, the customer is often said that the car has insurance should not care to make a record. Meanwhile, most of the insurance companies are regulated in case of an accident, the vehicle owner or driver must immediately notify the police agencies and insurance to solve.

In addition to timely notice, the car is not moving to dismantle or repair without the approval from the insurance company, unless instructed to implement the agency's authority.

Besides the above provisions, vehicle owners need to collect full papers to the insurance company paid quickly.Depending on each company, but the general documents for payment include: accident records by police agencies set up; papers relating to the vehicle such as insurance certificate, certificate of environmental safety inspection, driver's license, vehicle registration papers; the invoices related to the cost of emergency medical records (people), the cost of repair or replacement (assets) relating to the settlement of traffic accidents.

The above problems can become very troublesome because usually when the incident, the car (driver) very unnerving.Therefore, most customers do not comply with regulations or procedures do not make the necessary compensation difficulty or impossible. In the event of a fire Mitsubishi Jolie, though very confused but the car was fully implemented procedures with the help of the house and then get insurance money quickly.

Professional Health Insurance

05:02
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HEALTH INSURANCE

Health insurance is a type of insurance for the insured case injury, accident, illness, disease or health care are now paying insurance as agreed in the contract

Typical characteristics of health insurance compared with other insurance:

Contract duration: 1 year
Subjects covered: Humans (As of life, body, health.)
The health insurance industry representative: personal accident insurance, health insurance, health care insurance

ACCIDENT INSURANCE PEOPLE

Personal accident insurance is insurance operation in which an insurer undertakes to make payment to the insured person (the beneficiary) the amount of the contract as agreed when the accident occurred unexpectedly person insurance death or bodily injury.

Accident coverage of the event is happening (in Vietnam) due to sudden, unintended by the insured, from outside impact on the body and the insured directly caused insured for death or bodily injury; or the insured to act to save lives and property of the state and the people, and participate in the action against crime

Coverage of the insurance products of this type is the fatal accident or bodily injury of the insured

The product of personal accident insurance common in Vietnam today:

Personal accident insurance 24/24

Passenger Accident Insurance

Coverage students

HEALTH INSURANCE

Health insurance is insurance operations to ensure payment of part or all of the cost of health care for the insured when they are sick, sick, sick, maternity ... this insurance contract can expand insurance paid when the insured die and pay the medical expenses in the event of the insured accident treatment. This insurance can be deployed insurers combined with accident insurance within the same insurance contract

This insurance shall only be paid when the insured is indicated for the treatment (inpatient and outpatient or). An insurer will not pay if only incurred medical expenses that are not treated. In many countries around the world as well as in Vietnam today, besides health insurance system by implementing social security, health insurance can be done by commercial insurers normally ( Business variety of different insurance operations) or commercial insurers professional (just business health insurance)

The health insurance business is primarily done business:

Insurance subsidized hospitalization and surgery

Support hospitalization insurance

Insurance support surgery

Insurance support medical expenses

Insurance dangerous diseases

HEALTH INSURANCE

Health insurance program is a combination of insurers and institutions, relevant units (medical facilities, banks, institutions, way enterprises ...) the purpose of paying the cost medical examination. In many countries, this policy was implemented to supplement health insurance

The scope of insurance coverage is relatively flexible, including:

Payment of medical expenses, laboratory, ultrasound, x films (x-rays and CT scans ..) to diagnose, ... regular and irregular; counseling services, emergency assistance, ... in the country and internationally. This is the minimum range of insurance

Payment of the cost of emergency treatment, surgery, hospitalization, medicines, medical devices support ... in case of illness; treatment of maternity care. The current insurance contracts that combine to ensure this.In addition, many insurers also offer guarantees flexibility: Outpatient treatment due to illness or disease;medical expenses due to accident; death, disability, illness or disease; death / permanent disability due to accident; emergency medical transportation, maternity and dental care; a loss of income subsidy

When the insured, the insured is free to selected health facilities for medical treatment. The insured does not have to pay for health care facilities in the system of direct payments that insurers will be paid on the basis of confirmation of the insured (or via credit card insurer issued to the insured. If the insured medical facility at their request (outside the system of health care facilities of the insurance), an insurer will refund pay the costs invoiced cost medical care at health facilities covered by the option

Typically, the insurer associated with the prestigious clinics and high quality, fast and simple procedure . so the assured confidence and satisfaction with the quality of service. Therefore, the premium for this insurance is often high and the risk assessment is quite complex. Therefore, insurance companies often sign contracts with business groups, organizations, units and families (to ensure a minimum number of members).

Physical Damage Insurance of Motor Vehicles

04:47
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INSURANCE AND MATERIAL DAMAGE OF MOTOR VEHICLE

Physical damage insurance of motor vehicles (hull insurance) insurance object is itself a motor vehicle in traffic, including vehicles hull and machinery and equipment on motor vehicles.

For insurance, motor vehicle to ensure the technical conditions and legal for circulation as: The vehicle owner must be sovereign authority granted registration, sea control, certification safety and environmental engineering,

Motorized vehicles are composed of many components and machinery parts such as: engine, hull parts, tires, windshield, gearbox. Therefore, the insurer has put the types of insurance such as whole car insurance, insurance for a part or several parts of the car (broken business insurance, hull insurance car).

The costs are reasonable and necessary to prevent, limit losses incurred more, protect and repair the car arrived and loss adjustment expenses incurred when an accident within the insurance business will be compensation insurance for insurance buyers.

The risk of physical harm yourself car insurers are liable to pay:

The risks associated with the operation of vehicles: collision, subversive.
The extraordinary risks: Fire ... etc.
The objective risk of natural origin: Hurricanes, floods, earthquakes, lightning, hail, landslides.
Objective risk of social origin: Loss level, smashed.

An insurer will not insure and is not responsible for compensation for losses and expenses follows:

These losses, costs incurred in the event of violations of law or severity of risk increases: Attempt accident vehicle owners, driving; driving without a license or without a valid; use and driving while under the influence of alcohol, drugs or other substances in the control; no vehicle registration and protection of the environment valid (certificate of technical safety and environment); vehicles carrying flammable or explosive substances illegal; truck tonnage than the number of passengers or regulations; ride on the road that goes night lights; vehicles used to practice driving, racing, testing

These losses, costs incurred due to the risk of taking " political "with widespread consequences: war, terrorism ..

Unless separate agreement, insurers will not be responsible for compensation for losses, costs incurred are not the result of random incidents, objectivity, losses related factors subjective of all vehicles in the management and maintenance of vehicles, such as natural wear and tear, decrease quality, defect or malfunction due to spoilage due to repairs; damaged electrical parts of machinery or equipment, including radio, air conditioning, tires damaged without causing accidents

These provisions exclude other private: The accident occurred outside the territory (except special arrangement); the damage caused by indirect consequences such as reduced commercial value, loss of income due to reduced production stops, discontinue use (exploitation)