Economy Dental Insurance

Most full coverage dental plans cover basic and major dental care procedures. However, this comprehensive dental plan may prove to be costly, necessitating an economy dental insurance plan. Economic dental plans may cover either basic dental care or major procedures. You need to shop carefully for your dental insurance plans to get the policy that best meets your needs.

Economy Dental Insurance: What Is Covered? 

Coverage offered by economic dental insurance is based on policy, plan and provider. Before buying a dental insurance cover, read the fine print of your policy or contract. In general, basic dental insurance provides the following cover:

• Preventive and diagnostic dental care: Almost all dental insurance policies cover the cost of basic dental care that prevents the aggravation of problems. Thus, a major portion or the complete costs of services (such as cleaning, checkups and other dental procedures that prevent tooth and gum disease) are reimbursed under the policy. This cover is critical as it encourages patients to seek regular dental care, preventing major problems later in life.
  
• Basic dental care and dental procedures: Most dental insurance plans also cover expenses associated with basic dental procedures. These procedures may include fillings, fixing chipped teeth and tooth extractions. However, the procedures categorized under basic dental care are dependent on the insurance provider. For example, while some providers include root canals under basic dental care, others do not. In general, since insurers reimburse a major portion of the basic dental care and dental procedures, economical dental insurance providers cover a limited number of procedures.
  
• Major dental care: While not all dental insurance plans cover major dental care, some cover a portion of these costs. Major dental care can include procedures such as denture work, dental surgery, orthodontics and other expensive dental procedures. If you will require major dental care at some point in the future, you may wish to opt for a provider who will pay a large percentage of expenses related to this type of dental care.
  

Economy Dental Insurance Vs Dental Plans 

Some of the disadvantages of economic dental insurance are:

• Dental insurance is not usually offered to individuals. It is instead offered to major companies, which in turn give it to their employees.
  
• This insurance does not generally cover all types of dental care and procedure.
  
• There is a limit to spending every year.

General Insurance Information

If you ever hear the term “general insurance”, it means anything other than life insurance coverage.  In other words, general insurance is comprised of protection coverage against things such as burglary, fire, and so on.  In addition, this type of insurance could personal insurance to include accident and health, as well as liability, which is actually a type of legal insurance that would be used by professionals against errors and omissions.

Companies that sell general insurance provide various policy types, even those that provide protection for the home.  In this case, coverage would include allied perils, fire, inundation, earthquake, flood, storm damage, etc.  In addition, general insurance would cover your home from a break in, theft, and other such damages.  Interestingly, general insurance also has policies for machinery should any of them break down.

Then, general insurance covers marine issues.  Under the Marine Cargo policy, any type of goods being transported on the water, by air, or by road would also be protected from theft or damage.  Additionally, automobiles would be covered under different policies for general insurance and in fact, of all the different types of policies available, automobile coverage accounts for the majority of this insurance type.

One important note when it comes to general insurance and property protection.
Only the real value of the property can be purchased in the form of an insurance policy.  If someone were to take out a policy of greater value, risk of being charged with a hefty fine is likely.  By law, insurance coverage cannot be more than actual value so in this case, there could be some legal consequences.

In addition, for general insurance you would be required to insure a property for the value and not less.  If you did not carry enough insurance and something were to happen, you as the policyholder would have the brunt of responsibility for what is referred to as “ratable proportion of loss.”  In other words, if a home were appraised at $200,000 but you only insured it for $100,000, if damage were done to the home to the full amount of the policy, being $100,000; the policy would only pay out $50,000 because you carried 50% less insurance than required.  Of course, if the property were under insured for 25%, 30%, 40%, or some other amount, the policy would match that on a claim.

Then for personal accident and health, this too would fall under the general insurance policy.  For insurance, you would have coverage if ever hospitalized in the form of cashless or reimbursement.  Individuals could also take out a general insurance policy for accident and health just as for groups.  In this case, insurance protection for an individual would be for one person but for group coverage, it would be for employees in the form of employer provided coverage.

Even liability is a part of general insurance.  Some of the policy types in this case would include motor third-party liability and worker’s compensation.  With so many different types of coverage, general insurance is without doubt important.  With this, people can have the type of coverage needed to enjoy life while being protected.