What is the contract of insurance offered by insurance companies? Read before purchasing.
Family insurance
That insurers offer
A contract of insurance that in the event of partial or total dependence (according to the guarantee chosen by the insured).
Evaluation of the dependence
Measurement of the dependence among insurers, two possibilities:
1. Evaluation identical to the APA, therefore, depending on your iso resources
2. Rating based on inability to perform acts of daily living (eating, bathing, dressing, moving, using the toilet regularly …). Each insurer has its own list of acts of daily life and determines the number of acts that the insured must be unable to perform to be considered partially or totally dependent.
Possible safeguards
1. A pension paid in cases of partial or total dependence. You choose the guarantees (partial dependence or dependence or both, the amount of the rent …). Pensions paid are not taxable.
Warning: if you do not become dependent premiums paid will not be returned.
2. Capital to face the interior of your home. Most people want to remain dependent homes. This remains at home may be possible depending on the degree of dependence. Adjustments must be made to adapt the accommodation to the new state of dependence.
3. Additional services of assistance, here is a list of possible services:
Telephone support (practical information to help you with your administrative …), search for a provider (gardener, doctor, nurse …), organization of services such as delivering meals and medications, help in case of domestic accident and hospitalization of more than 48 hours …
4. Audit of your home (in case of dependence, to determine the necessary adjustments), the assistance can help you find providers …
Who should I be careful? more information check renters insurance quote
1. The exemptions provided in the contract (the loss of autonomy following the practice of a dangerous sport = no warranty)
2. The waiting period: period after the contract takes effect during which you can not claim any guarantee in case of occurrence of the state of dependency. If you become dependent during the waiting period, you will not receive any compensation, the contract is closed. Verify that the insurer will refund your fees in the event of dependency during the waiting period. The waiting periods vary between contracts. Generally the waiting period is 3 years in case of Alzheimer’s disease as there is no waiting period in case of accident (check your contract).
3. The subscription is no longer possible after 75 years
4. The definition of the dependence of the insurer chosen (each insurer to its own definition)
5. Who determines the degree of dependence: is it a medical officer of the insurance company or an independent doctor?
6. Are you sure you can meet the payments of your insurance contract? In the event of financial difficulty, if you do not pay the higher your insurance, your contract will be terminated, you will not be guaranteed and you do not retrieve your previous contributions.
The price of insurance
The price of insurance (the premium language insurer) is calculated according to the age of the insured in the contract. Clearly the more you subscribe before you pay less money. The difference is between a person 55 years and a person of 65 years.
Note: Many insurance companies offer reductions in their rate of insurance in case of a subscription for the couple. The observed reduction is 10%, this reduction is applied to the price of madame.
