Are you soon heading out looking to purchase short term health insurance health insurance? Well, if that is the case, you will do well to know that the insurance purchase decision is a major one - and definitely not one you should take lightly. This assertion comes from an observation of the nasty experiences that people who purchase health insurance without understanding the enormity of the purchase decision tend to go through. In a nutshell, the experiences of those people range from what can be termed as frustration to what can be termed as major regret. Looking through their often bitter experiences, it tends to turn out that they find themselves in such predicaments after having made fundamental mistakes when purchasing the health insurance. So we have collated and researched on those mistakes, and now we present these five mistakes that you should aim never to make when purchasing insurance. This we do in the hope that you will take heed and save yourself from the frustration a poor health insurance purchase could drive you into:
Purchasing health-insurance from financially weak insurers: it is not for nothing that people considering buying health insurance are advised to check out the financial health of the insurers they are considering buying the policy from. It is worth noting that your insurance cover is as good as the financial strength of the company providing it. Yes, there are mechanisms, in most jurisdictions, to protect the interests of the clients in the event of a health insurer going down. But more often than not, it tends to take a while before these mechanisms can kick in - during which time you would be virtually uncovered. Purchase health-insurance from financially strong insurers only.
The Wall