The Police have busted some workers of Heritage Energy Insurance Company Limited at Abelenkpe in Accra, for allegedly dealing in fake insurance stickers. The arrest was caused at the instance of the Special Investigative Unit of the National Insurance Commission (NIC)...
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Coinsurance vs. Copays: What’s the Difference?
No matter which type of health insurance policy you have, it's essential to know the difference between a copay and coinsurance. These and other out-of-pocket costs affect how much you'll pay for the healthcare you and your family receive. KEY TAKEAWAYS A copay is a...
Copay vs. Deductible: What’s the Difference?
Copays and deductibles are features of health insurance plans. They involve payment on the part of the insured, but the amount and frequency differ. KEY TAKEAWAYS Copays and deductibles are both features of most insurance plans. A deductible is an amount that must be...
Why Do Insurance Policies Have Deductibles?
And how do health insurance deductibles work? If you're in the market for insurance, you may wonder what a deductible is in health, auto, or homeowners' insurance policies—and how it works. Insurance deductibles are common to property, casualty, and health insurance...
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