Question for Insubuy regarding a visitor's insurance plan that I purchased.

[rajsid]

I live in California and I purchased the ATLAS AMERICA plan for my Mother who will be visiting me soon. A few questions.

1) I got this long NOTICE stating that this provider is not licensed in CA (see below). Not sure what all of this means. Should I cancel and opt for another plan?
2) I purchased the insurance only for one month although my Mom will be staying with me for 4 months. I am planning to renew it on a month to month basis without breakage. Is this ok?

Thanks
Rajesh

==============
NOTICE:

THE INSURANCE POLICY THAT YOU HAVE PURCHASED IS BEING ISSUED BY AN INSURER THAT IS NOT LICENSED BY THE STATE OF CALIFORNIA. THESE COMPANIES ARE CALLED "NONADMITTED" OR "SURPLUS LINE" INSURERS.
THE INSURER IS NOT SUBJECT TO THE FINANCIAL SOLVENCY REGULATION AND ENFORCEMENT THAT APPLY TO CALIFORNIA LICENSED INSURERS.
THE INSURER DOES NOT PARTICIPATE IN ANY OF THE INSURANCE GUARANTEE FUNDS CREATED BY CALIFORNIA LAW. THEREFORE, THESE FUNDS WILL NOT PAY YOUR CLAIMS OR PROTECT YOUR ASSETS IF THE INSURER BECOMES INSOLVENT AND IS UNABLE TO MAKE PAYMENTS AS PROMISED.
CALIFORNIA MAINTAINS A LIST OF ELIGIBLE SURPLUS LINE INSURERS APPROVED BY THE INSURANCE COMMISSIONER. ASK YOUR AGENT OR BROKER IF THE INSURER IS ON THAT LIST, OR VIEW THAT LIST AT THE INTERNET WEB SITE OF THE CALIFORNIA DEPARTMENT OF INSURANCE: www.insurance.ca.gov.
FOR ADDITIONAL INFORMATION ABOUT THE INSURER YOU SHOULD ASK QUESTIONS OF YOUR INSURANCE AGENT, BROKER, OR "SURPLUS LINE" BROKER OR CONTACT THE CALIFORNIA DEPARTMENT OF INSURANCE, AT THE FOLLOWING TOLL-FREE TELEPHONE NUMBER: 1-800-927-4357.
IF YOU, AS THE APPLICANT, REQUIRED THAT THE INSURANCE POLICY YOU HAVE PURCHASED BE BOUND IMMEDIATELY, EITHER BECAUSE EXISTING COVERAGE WAS GOING TO LAPSE WITHIN TWO BUSINESS DAYS OR BECAUSE YOU WERE REQUIRED TO HAVE COVERAGE WITHIN TWO BUSINESS DAYS, AND YOU DID NOT RECEIVE THIS DISCLOSURE FORM AND A REQUEST FOR YOUR SIGNATURE UNTIL AFTER COVERAGE BECAME EFFECTIVE, YOU HAVE THE RIGHT TO CANCEL THIS POLICY WITHIN FIVE DAYS OF RECEIVING THIS DISCLOSURE. IF YOU CANCEL COVERAGE, THE PREMIUM WILL BE PRORATED AND ANY BROKER’S FEE CHARGED FOR THIS INSURANCE WILL BE RETURNED TO YOU.

[rajsid]

Kindly ignore my previous post...
I got a call back from Dan (insbuy). He answered the questions I had.

[insubuy]

I am glad that your questions were answered already.

However, for the benefit of other readers, I would answer them again here:

1.
No, you are fine. You can continue with Atlas America.

Please read Atlas Travel Medical Insurance California Notice for further explanation.

2. That's OK.

I hope that answers your questions.

If you have any other questions, please feel free to post them here or contact us at any time.

[dsrbabu]

Last few years either my Parents or In-Laws are coming here. Every time they come we have taken the visitor's Insurance from Insubuy. Last time my inlaws were here, we took my mother in law for favour and cold. Eventually they did not cover, we have to pay about $160.00.

Just last month, we took my dad to hospital, he was complaining about a stomuch ache. When went to Doctor Office, he wrote some medication and suggested if the situation do not improve we need to go for endoscopy. When contacted the Insurance they were saying at this time we can not say. Once he goes to the doctor based on the report from the doctors report we will make a decision. He never complained stomuch ache so far in life. But the insurance people was saying based on the docotor's report we will make decsion. If at all if is eligible he will be paid maximum of $450. Where as the doctor's bill going to be around $1200.

We took the policy for $100,000 and deduction of $100. But looks like there are lot of fine prints and conditions what are eligible not eligible etc.,

This is our experience. We are looking for better insurance, when my parents visit again next year. If anyone have inforamation please let us know.

[insubuy]

You have not specified what kind of visitors insurance you had purchased. Therefore, it is difficult for me to provide specific answer.

Please note that there are primarily two types of visitors insurance plans:
Fixed: Cheaper, limited coverage
Comprehensive: More expensive, better coverage

From your post, it seems that you have purchased a fixed coverage plan which pays a fixed amount for each and every procedure and you have to pay the difference. Please read Visitors Insurance Types for more information. We always recommend that everyone please buy comprehensive coverage plans only.

Please note that if your expenses are below the deductible amount and/or below the covered amount, you would have to pay them yourself, no matter which insurance plan you buy from any company.

What you have been told regarding how the processing of the claims work is accurate and that is how all the visitors insurance plans from all the companies work. Please read
International Health Insurance Claims and all articles within it to understand how the visitors insurance claims process works.

Each type of insurance plans (whether it be life, health, auto, home or visitor insurance) has its own sets of limitations and exclusions. I also recommend that you read Visitors Insurance Expectations article to set your expectations right from visitors insurance.

If you have any other questions, please feel free to post them here or contact us at any time.

And I request that, in future, please start a new thread to start the new discussion. That would help us keep everything easier for other web site visitors to understand.