Health Insurance NOW!

President Obama shares the story of Natoma Canfield, a cancer survivor who had to drop her health insurance due to excessive rate hikes only to be diagnosed with leukemia, and tells the crowd in Strongsville, Ohio that cases like Natomas make it clear that the time is now for health insurance reform.

• Are you insured against damages to your house due to vandalism? How much would you lose if that risk happens?
• Are you insured damages to your car due to vandalism? How much would you lose if that risk happens?
• Are you protected with Tenant's insurance? How much would you lose should you come across that risk?

• Know what the policy clause covers you for- Medical payments: This pays for injuries sustained by yourself and injuries to occupants of your car as well. In some states this is an optional clause. In the "no-fault" states, personal injury protection takes the place of medical payments as part of the base coverage.
• Know what the policy clause covers you for- Uninsured motorist protection: This covers injuries caused to you or to other occupants of your car by drivers who are either uninsured or they have performed a hit-and-run accident. "Under-insured" coverage is usually an available policy extension to cover for claims you may make against a driver who has inadequate or non-existent insurance.
• Your details and experience affect the cost of your premium- Single males under the age of 25 tend to pay the highest insurance rates. Statistics indicate this segment is involved in the most accidents, hence insurance companies charge young males higher premiums than women of the same age and characteristics.