CHOOSING AN INSURANCE PLAN - CREDIT CARD DEDUCTIONS

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This page contains dozens of short articles that will help you quickly understand international insurance. For example, terminology, purchasing details and managing your insurance coverage are topics that are all covered within these articles. Choose an Article From the Topics Below

AUTOMATIC CREDIT CARD DEDUCTIONS

Most insurance companies are seeking to cut their administrative costs. One way they do that is by encouraging automatic credit card deductions for your premium payments. Very few international companies will bill a client on a monthly basis or permit a monthly payment to be sent in. And if they do, the insurance is generally more expensive.

One of the major benefits of the credit card deduction is it insures that your policy will not lapse. As an insurance broker, I have seen this happen several times where a good client, because of a busy schedule or forgetfulness, failed to mail in the monthly premium. In one case, my client had to wait almost two years to find someone to insure her.

So the automatic credit card deduction is your "insurance" against losing your insurance. When applying for long-term (career) health insurance, ask about this option.

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"Jeff, I just wanted to say a quick "Thank You" for the newsletter, or "Quarterly E-Bulletin." I don’t know if this is all your work or a team, or you buy content, or just who puts it together; but I’ve gotta say it’s one of the few pieces of its kind that I actually *read* top-to-bottom. [The "Quarterly Bulletin" is written by Jeff, assisted by the GNI staff.]"

(DS, Pennsylvania)

"Nelma, Thank you so much for your immediate help in getting my credit from the insurance company. It’s this kind of service from you and your partners that keeps me coming back to GNI for ALL my international insurance needs. "

(KD, California)

"Trish, Thanks so much for your follow-up on this. We actually got a check in the mail already, covering all the charges minus the $250 deductible. I was surprised and pleased that we got it so quickly! Thank you again for taking care of us. You have been extremely helpful, Trish."

(AR, Indiana)

"Doug, I wish to thank Pei for the first class service I received. I value great customer service having worked for a Japanese airline for 17 years. I believe the service reflects the management."

(TM, New York)

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