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What does it mean when a state lottery advertises the "annuity value" of the winning amount?
Instead of paying the winnings in a lump sum, they will pay installments. Since the installments include some investment earnings, the total number of dollars will be larger than if the prize is taken immediately in cash. But the present value of dollars to be paid in the future is worth less than dollars paid today. Therefore, the total prize will be the same no matter which way you take it. Lottery commissions sometimes buy actual annuities from insurance companies to pay off winners.
To answer this question, you need to check with your own health insurance company. Many health insurers do not cover international health coverage.
What is coverage for medical evacuation or repatriation insurance
Medical evacuation benefits provide for transportation to a medical facility that can provide appropriate care in the event of serious injury or sickness that cannot be adequately dealt with at the location where the illness or accident took place.
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What kind of covered or not covered in normal travel insurance pans
There are many variations of travel insurance plans. Some typical insurance coverages include the following:
1. Coverage for vacation and trip cancellation
2. Coverage for travel interruptions, delays and cancellations
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Why I need a trip or travel insurance plan
As we know that The outlay of money for travelling can be quite substantial. You may find yourself facing the loss of more money than you want to lose should unforeseen circumstances arise that make it necessary to cancel or interrupt your trip.
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What is a trip insurance and What is travel insurance
Trip insurance is used to help alleviate some of the financial loss that may be incurred because your trip is interrupted, delayed, or cancelled by unforeseen events.
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