Five life insurance groups unite to battle Moore’s assertions on COLI

Five life insurance industry organizations have joined to combat what they say is a mischaracterization of corporate-owned life insurance by Michael Moore in his movie, “Capitalism: A Love Story.”

The documentary includes a small focus on COLI, which has led to additional media reports alleging that business owners are obtaining life insurance policies on their low-level employees without their knowledge. Nearly two decades ago, some business owners used COLI to obtain broad coverage of low-level workers – “janitor’s insurance” or “dead peasant’s insurance” – not for the corporate insurance plan benefits, but as a tax shelter.

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What Makes a Great Health Insurance Plan Great

There are many important things in life, but one that most would agree on is good health. Without good health, the quality of life suffers. So, finding the perfect health insurance should be top priority in your life. The best and most affordable plans are out there ready to be found and used; the only problem is you just have to find them.

A Great Plan have these common key components:

• In case of a catastrophic medical event in your life, you will need to make sure you have coverage that is high enough to meet and exceed those types of situations.
• An out-of-pocket expense account, or also known as self insured, you need to be self insured up to a specified dollar amount that you have in mind.
• Leave the amount coverage unlimited in certain areas such as daily room charges or surgical procedures. If this need did arise, the insurance will cover any unforeseen surgeries or extra days in the hospital room.
• You need to be able to see any type of specialist regardless of global location and without having to get referred.
• With so much traveling these days, global insurance coverage is a must.
  
  thanks to Brent Cross

• Global Health Asia plans provide comprehensive medical insurance coverage for you and your family wherever you live, work or play.
  
  Personal Medical Insurance Plans
  Family Medical Insurance Plans
  Corporate Health Insurance
  Insurance Plan for Expats

actions people can take to stay healthy

Health Tips

Global Health Asia continues to closely monitor the situation.

From the CDC website the following precautions should be taken:

There are everyday actions people can take to stay healthy.

• Cover your nose and mouth with a tissue when you cough or sneeze. Throw the tissue in the trash after you use it.
• Wash your hands often with soap and water, especially after you cough or sneeze. Alcohol-based hands cleaners are also effective.
• Avoid touching your eyes, nose or mouth. Germs spread that way.

Try to avoid close contact with sick people.

• Influenza is thought to spread mainly person-to-person through coughing or sneezing of infected people.
• If you get sick, CDC recommends that you stay home from work or school and limit contact with others to keep from infecting them.