Insurance Plans Cambodia

Insurance company lately in the early 2011 proclaimed to rise up hitting its profits margin which mean it is a good sign that people start to look at spending money for their health insurance, accidental insurance, hospital insurance, and business investment use the insurance to protect their business such as fire and burglary policy etc.

As many people wondering how much money that they have to pay for their basic health care insurance and accident insurance policy while the company claim making more profit in this sector.

According to the advertisement from several companies in Phnom Penh to sell their insurance services around Cambodia it costs only about one apple value or one coconut value per day. One coconut per day is still quite a lot of money that most people cannot afford it. To think roughly the price is about $0.25 per day which make the sum of $91.25 per 365 days (1 year).

Are you looking to buy insurance for yourself and your family (group insurance) lately? So you might want to know how much to spend for each person and how much benefit you will likely get from this policy.

When you want to buy insurance of whatever type of insurance first you want to check the quotation and compare a little bit. Always remember to compare insurance quotes!

You don't want to get frustrated buying insurance which you have to spend more but having the same benefits as other company can give you.

In order to avoid lost of your expenses then you want to make sure you go through at least 3 companies before making your decision to go with a particular insurance company.

Step two - Study insurance policy

I tell you I hate to do this but as you know when we don't read and just sign the agreement we can end up with serious trouble. We never know what they say in the written document by just what the agent trying to motivate us to buy their services, so we have to read every part of article in the policy statement to clarify and find out if any question rising up during discussion.

It takes only about 15 minutes to 1 hour the most to sit down and read the insurance policy to understand the nature of coverage and claim of your benefits. If you spend money you want to earn the most from it, don't just spend and walk away.

Very important you check the insurance plan from each company so you can compare the cost of each plan and benefits.

Usually insurance company will have a plan sheet for you to look at along with quotations and other documents that they bring to you.

Tips - you want to look at the lowest premium charge with higher benefits when you claim. It is also check the insurance company profile on claiming process. I said so because some insurance work really slow to process the paper work or paying your claim and you don't want to deal with this kind of company.

Now, look at the sample of Insurance plans with premium as below. These are premium fee for hospital policy.

• Hospital room & board (overall daily maximum up to 90 days private and government hospital)
• Ordinary $30
• Intensive care (daily maximum up to 20 days) $65
• Hospital miscellaneous services (Max per disability) $750
• Surgical fees (Max per disability – subject to surgical schedule) $1,000
• In hospital physician’s fees (daily max up to 90 days) $14
• Pre-hospitalization diagnostic services (Max per disability) $85
• Pre-hospitalization specialist consultation (Max per disability) $85
• Post hospitalization treatment (Max per disability not exceeding 90 days following discharge from hospital) $35
• Supplement accident expense (max per disability within 24 hours after the accident) $250
• Government hospital cash allowance (up to 90 days) $7
• Additional major surgery (subject to surgical schedule) $2,000