Do not underestimate premium growth in supplementary health insurance – favorable credit comparison

In its latest issue of October 17, 2017, Stiftung Warentest raised its finger for the first time on supplementary care insurance. The consumer advocates aimed at the circle of people with lower incomes and therefore inevitably lower expected pension from.

Contribution increases inevitably

Contribution increases inevitably

As in all other areas of medical care, cost increases are also preprogrammed in nursing. For the insured in the statutory long-term care insurance, this inevitably means a drifting apart between the benefits of long-term care insurance on the one hand and its own expenses on the other.

In this case, private supplementary insurance providers are a little easier to adjust their premiums to compensate for the cost. For the insured, however, this means a steady increase in the premium.

Against this background, only those persons who are sure that they can pay a long-term increase should be able to rely on private long-term care insurance. There are only very few companies among the insurers who refrain from paying any further contributions when the care claim occurs. Another reason can be found in the number of nursing cases and the associated costs.

The current test

The current test

The consumer advocates examined 31 nursing care insurance and four nursing care rates. In the daily allowance insurance, the money is at leisure, with the care costs, the actual costs are paid up to the agreed amount. The calculation was based on a 55-year-old policyholder. The insurance conditions were tested in relation to the contribution. This was an average of 87 USD per month for the model calculation. Altogether cut 18 tariffs with “good”.

In principle, supplementary care insurance is almost a must. As “financial test” writes, in about 25 percent of nursing cases, the benefits from the statutory long-term care insurance were insufficient. Around 450,000 patients had to file a request for assistance with the social services.

Why the warning?

Why the warning?

A long-term care insurance only provides a benefit if a degree of care is also determined. If the income as a working person is sufficient to pay the premium, it can be scarce with the beginning of the pension, with meanwhile increased contributions. A termination of the contract, however, means the total loss of funds paid up to then. A refund is not provided in any case. Subsidy exemptions are only possible under certain conditions, such as unemployment or a longer stay abroad.

Before concluding a supplementary long-term care insurance, therefore, the exact consideration is whether a continuation will be possible even with increasing contribution and pension.

Need clearly given on the other hand

Need clearly given on the other hand

Not only the number of those who need public assistance in case of need, but also the state subsidies, shows that the statutory long-term care insurance is not sufficient. The state-sponsored long-term care insurance,however, in the price-performance ratio as too expensive. Even if the legislator grants a monthly subsidy of five USD under certain conditions of the tariffs.

The reason behind the premium calculation by insurers is also the fact that there is a presumption that poor health risks are included in the insured persons’ stock.

How difficult the topic is on the other hand, shows the lack of recommendation of consumer advocates. The tip for those affected to lower incomes, to provide for other care, falls a bit thin, a concrete action recommendation would have been desirable. An old people’s flat share, the care-appropriate conversion of the own flat or the care by relatives, as stated, solves the cost problem only rudimentary.

Credit: the first steps you must follow to request it

The beginnings are not usually easy, and without talking about starting the year in full January costs much less. The expenses of a Christmas holiday almost forgotten continue to weigh like a slab in the budget of many families and there are cases in which these financial disruptions are extended more months than necessary. That is why many Spaniards go to personal loans to face unexpected expenses. If you are one of those people who want to ask for a loan in 2018 and have not done so, it is never convenient for you to continue reading to know what are the first steps you should follow. You will also check that CurrencyGo Lenders is the easiest option if you want to have the money quickly and without complicated procedures.


What to look for when requesting a loan in 2018

What requirements do they ask for?

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There are banks that, to grant you a loan, require you, for example, to have the payroll domiciled with them and a clean credit history, that is, not to be on the Asnef list. In CurrencyGo Lenders you are only asked to own a phone number, an email address and be the owner of an operational online bank account. In addition, being included in Asnef will not close the doors to you to get the money since, although it is taken into account, other complementary factors are studied.


Do you have to hire other financial products?

Similarly, there are financial entities that can force you, for example, to take out insurance with them to give you a green light on the loan. In CurrencyGo Lenders you will not have to pay any linked products.


What procedures do you have to follow?

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Although requesting a loan in 2018 should be very simple thanks to technology, there are still financial entities that can make you go to sign at one of their branches and that will take their time to study your financial history. The system used by CurrencyGo Lenders allows you to quickly manage the request that you can send online from the comfort of your home.


Do you have to pay commissions?

The study done by the banks of your financial situation usually involves a commission that you will have to pay, just as you may have to face another, called opening, when it is granted.


When can you dispose of your money?

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The procedures in the banks usually delay the moment in which you finally have your money. That is why if you have urgency to have cash you can use CurrencyGo Lenders that in a few minutes after approving your request sends the amount borrowed to your account.


What is the monthly fee?

Before signing a loan in 2018 it is convenient for you to make the accounts and see if you will be able to face what you have to pay each month to return it. Find a product that suits your financial circumstances so as not to take a dislike. CurrencyGo Lenders allows you to return it between 6 and 36 months depending on the amount requested and the monthly payments. In addition, if you want to finish paying it before you can do it without additional cost.

You see that requesting a loan in 2018 is easy thanks to technology and if you request it in CurrencyGo Lenders it will only take a few minutes.