What we have a policy of life?

One of the most important insurance that should have a life insurance .

In the UK, there are the following policies :

1.           "Life insurance" - this is the simplest life insurance. The sum of compensation may be paid as a lump sum or regular income . About this compensation, we strive after the death of the insured. This insurance is cheap and gives a lot of privilege.
2.           "Critical illness cover" - it is insurance available individually or as a supplement to life insurance . This is an additional insurance for the diagnosis of a serious illness such as cancer. Such insurance is more expensive than life insurance.
3.          "Income protection policies" - it is insurance against injury or any other condition associated with the consequence that prevents the profession . Insured under the policy receives a regular income to compensate for his lost income from salary. Insurance also operates under the name " Permanent Health Insurance "
4.          "Private medical insurance" - insurance covers the costs of private medical treatment in various medical facilities. Allows the insured to quickly obtain treatment and a convenient time for him , minimizing absenteeism at work.

Image courtesy of Freegreatpictures.com

Complications after plastic surgery, for which you can apply for compensation

Giving aesthetic medicine treatments during the operation or immediately after its execution may be some complications. They may be a consequence of improperly performed surgery. The most common complications that can cause the patient's claim with respect to a physician or medical facility:

•         disfiguring scars, keloids
•          breast asymmetry after breast augmentation or reconstruction
•          contractures and muscle dysfunction in the neck
•          coating and skin abscesses
•          asymmetry paragraph filler after surgery
•          asymmetry of the nose, breathing disorders, impaired sense of smell, perforated nasal septum, sinus infections after cosmetic surgery on her nose
•          facial nerve paralysis after surgery on his face

Image courtesy of Ambro / FreeDigitalPhotos.net

Medical errors - general informations

Image courtesy of stockimages/FreeDigitalPhotos.net

Medical errors can be either : diagnostic, therapeutic, technical, and organizational. Diagnostic error is either non-existent on the wrong determination of the disease ( positive error ), or more often unresolved actual patient's illness, which leads to the deterioration of his health. From a therapeutic mistake we have to do in relation to the selection of the wrong method or faulty treatment, improperly performed surgery. The error can also be therapeutic to take surgery despite medical contraindications.

Error as to the outcome, which forecasts the patient's condition may not adversely affect the healing process. However, if combined with the diagnostic error can cause serious and irreversible consequences in terms of the deterioration of the patient. Category of housing issues beyond commonly functioning category of medical errors are all kinds of negligence and inept . Sometimes, however, the courts treat errors and omissions in a holistic manner.

Life insurances in the nineteenth and twentieth centuries

The dynamic development of the life insurance came in the nineteenth century and applied not only to Europe and the US, but also Japan.  Initially developed insurance based on reciprocity, later in the forms of mutual and joint-stock companies were created. 

The development of the life insurance was halted during World War I and after it ended, it Caused a progressive inflation, Causing the Devaluation of benefits paid. Another crisis of life insurance you survivors during World War II. After the war there was a further dynamic development of life insurance, Which Influenced mana, and a very close Cooperation with insurance companies and other financial Institutions was made, it was a breaking point and a trigger to the modern insurance policies.

Image courtesy of twobee / FreeDigitalPhotos.net

The first life insurance in England

Image courtesy of PANPOTE / FreeDigitalPhotos.net

The first known documented life insurance contract was concluded on June 18, 1583, with the Office of Insurance, based in London, and the insured was a citizen of London, William Gybbons. The agreement provides for the sum insured in the amount of 382 pounds, 6 shillings and 8 pence, to be paid in case of death of the insured within 12 months from the contract.

In the sixteenth century in England, there were concluded life insurances associated with the loans, and the amount of insurance was established in the amount of the debt. Further development of life insurance, which occurred at the turn of the seventeenth and eighteenth centuries, was highly due to the wider use of Actuarial founded the science of probability theory , also developed the first signs of mortality.

In 1699 in England, the first commercial insurance Society of Assurances for Widows and Orphans was created, which dealt exclusively with insurance in case of death. In the eighteenth century a new insurance company opened in England, but also in the USA and France. 

What amount life insurance to choose?

Image courtesy of adamr / FreeDigitalPhotos.net

When you decide to purchase life insurance we have to choose the appropriate amount of the sum insured, so that in the event of death, it will secure the necessary needs of the family. Many people insured in the event of death, will have a sum around £50-100 000, but for many families this amount is insufficient. 

When determining this amount, we have to consider our current financial needs, multiply them by the next 12 months and a minimum of 10 years, and we cannot forget that these needs may change. Most life insurance protection can be likened to a car liability insurance, if there is an accident the insurer will return the money in the form of compensation to you and others injured in an accident but if an accident does not happen, fees are not refunded and the protection risks in ordinary life insurance is the same. 

Let’s say you choose term insurance eg. For 10 years, and during this time nothing wrong will happen, the policy is finished and there is no premium returns, but with the insurance with investment elements you can count on the return of parts of the paid premiums, but this can highly depend on the situation and times. 

Advisors for life insurance

Many of you reading these guidelines reflect on the sense of buying insurance, sometimes decide to buy something cheap, the cheapest on the market to satisfy your own conscience, it is not the best solution however, a rightful protection of and the overall sum of the insurance is the right way of thinking. 

Professional insurance consultant should start a conversation by providing a financial analysis of your family, determine all your needs and look for solutions for the future, it's like a tailor, great tailors will saw up accurate dimensions, same with doctors, who will only prescribe you a drug according to your medical history. The Insurance is a very broad topic, many people feel the need to be insured but do not know exactly what the insurance demands.

Image courtesy of PinkBlue/ FreeDigitalPhotos.net

Selection of health insurance

When choosing the right insurance it is good to carefully analyze all available offers from different insurance companies, which there are plenty of on the market. The analysis should be carried out in accordance with our individual needs, that are strongly related to our occupational, financial and family specifics. 

Health is one of the most important issues and it should be one of the main insurance reasons. As you know, sometimes we simply can't foresee an illness an accident or personal injury, and when these incidents occur without securing ourselves through an insurance, it may complicate our professional life or our financial security.

Image courtesy of FreeDigitalPhotos.net

How long we have time for lodging an application for compensation?

In order to receive compensation, you should consider: what is the period of time for lodging an application of the claim against the insurance company of perpetrator party.

Generally they are three years from the date of an accident nevertheless  there are two exceptions to this rule. This period can be extended, if an injured person is a child who has not yet reached the age of majority. The second case concerns the mentally disabled. 

They have three years for lodging an application, but this time is counted only after obtaining the full consciousness, so this period is automatically extended.

How to seek indemnification for medical negligence and misconduct?

Every person who became a victim of medical negligence can seek compensation for any loses suffered. The fight for the money that you are entitled to will not be easy, so it is wise to contact a company, that will represent you in the clinical negligence claim. Apart from that we should take care of the formalities and gather all the appropriate materials to validate that it is the medical facility we were treated in that is at fault.

We should collect all discharges from the hospital, the medical record and a precise description of all treatments and medications that we had prescribed. Each patient has the right to check his medical record and may ask for a copy of the documentation, while the employees of the medical facility are obliged to do so. Another step we can decide to take, in order to be sure that during our medical treatment a mistake was made and hence we are entitled to seek indemnification, is seeking advice from another specialist. What is more, if we decide that the hospital has committed a crime during our treatment, we can inform the prosecutor’s office, and they will most certainly take proper actions.

It should be stressed that the indemnification processes against medical facilities and doctors who committed clinical negligence are not easy and they usually take years to resolve. Hence it is a very good idea to seek help in law firms, which will contact the insurers, negotiate beneficial conditions and settlements, and prepare a lawsuit – if it is completely necessary to take any legal actions. When it comes to UK indemnifications the rates may vary in accordance with the scope of damages and loses we suffered. One more thing that should be mentioned is that when we seek help with the lawyer, we bare absolutely no costs, since his fee is paid by the insurance company of the person responsible for the accident or negligence.