I can still remember the excitement that I felt when I passed my driving exams and got my driver’s license. It was a rite of passage for me, it finally felt that I am a grown up and I knew that I could make things start to happen because I don’t have to wait for my older brother to drive me around town. My parents know that this is such a big deal that they even made a surprise mini party for me. Well I thought that they would give me car then but I found out that they didn’t. However, they gave me the promise that one I graduate and get good grades, then I don’t have to spend a dime because they would lovingly give me one. That was good enough for me.
When I graduated high school, I got so excited because finally I can have my very first car. And as an added bonus, I get to choose which car is the one for me because of my good grades. It was then that I found out that when it comes to choosing a car for teens is not easy. Back then I already had a part time job and me and my parents made a deal. My parents would pay for the whole expense of the car but since I have a job, I would have to pay for my auto insurance. That sounds fair enough for me and thought I was getting a better end in the deal. Besides, this is a way for my parents to teach me on how to be a responsible car owner.
So there I was, excited to buy my own car only to find out that the car that I chose have an impact on how much I have to pay for the auto insurance coverage. Knowing that the money for the policy will come from my own pocket, I have to be very careful about what I chose to have a better coverage and save money. One tip that I found out from car dealers is that choosing a safe car could give me discounts for the auto insurance. That means that I should stay away from high-profile SUVs as well as trucks because they are harder to control in a vehicular accident situation. Cars that promote speeding can lead to accidents, sports car and subcompact models are also out of the league because small cars can end up severely damaged. Instead, I ended up choosing a car that has front and side airbags, anti-theft measures, antilock brakes and daytime running lights. It is a fact when they say that auto insurance provides discounts if you have one or several safety features in your car.
We also found out that I will save more money when my parents would cover me as part of their existing auto insurance policy. So we did that but I have to pay them for my share. This also opened the chances for multi-car discount. I also took some driver safety courses because that qualifies me for more discounts. As an added bonus, the higher grade that you get, the more discounts you can avail. This did not only got me discounts but it taught me how to be responsible driver. That is off course separate from my parents own lecture about avoiding driving distractions like texting while driving or drinking and driving.
A teen ager pays higher premiums for auto insurance but it would generally decrease if you have and maintain a good driving and accident free record. Having my first car did not only gave me the freedom that I longed for but it taught me how to be responsible and other life lessons that helped me be a better and responsible adult.
September 13th, 2009
Lucas
As a mom, my priority is always the safety and health of my son. I always pray and make it a point to do anything in my power for my son to be healthy and strong. In times that he does get sick, I always consult the doctor right away. It’s a good thing that he is part of the health insurance benefit that is part of the benefit from my work. I could just imagine how much we would suffer financially if my family does not have health insurance and we would just rely and settle for what we can afford on treatments. My son is not sickly but it still gives me peace of mind knowing that when something happens, we could go in and out of the hospital to get some help.
Basically a health insurance is a contract between the person being insured and the insurance company. The amount that the insurance company would have to pay for medical expenses is called coverage and usually varies depending on what policy is agreed upon. The policy will be the one determining how much premium or monthly payment to the insurance company. We all know that medical bills can be quite expensive and could even be a source of bankruptcy especially in the event of a major medical event, and having a health insurance would save you from this event.
The most common type of insurance is the group health insurance. This is the type of insurance that people can avail of from their employers and have coverage until you are 65. Normally, the premiums that are priced much lower than those who pay for individual health insurance plans because of the large numbers of the persons that are being insured. It is also the same price for everyone in the group no matter what the status of their health may be. Employers are not at all required to provide health insurance for employers but if they do not have one for their employees then most likely they will have a hard time finding employees. This is the reason why many companies would boast about their health insurance coverage for their employees and it is also a way for showing that they do care. I know this for a fact because when I tried to search for work, one of the key things that I look for an employer is the offer for a god health insurance not only for me but for my whole family.
On the other hand, the individual health insurance is the most expensive type of insurance. This is for a person who does not have any type of coverage or have one but is not enough. This can be hard to avail because you will be asked for physical examinations and you will need to answer some set of questionnaire regarding your health and the health history of your family. That means that the more you need the insurance because of poor health, the higher you have to pay for the premium.
There are also other supplemental plans of insurance that one can avail of. These types of insurance are made to pay benefits in addition to whatever regular insurance policy you have. We also have to understand that cosmetic surgery, pre-existing health conditions, non-traditional treatments, homecare and private nursing, mental health treatment and drug benefit exclusions are not covered by health insurance. For example cosmetic surgery is not really a health concern and it is an elective surgery therefore the insurance company should not pay for it.
Having a health insurance is for our protection and peace of mind. I myself, can’t imagine what will happen if me and my family don’t have one. now I could concentrate about being a good mom without worrying about hospitalization.