what are riders contained by insurance?
Answers:
An insurance rider is a policy add-on, sort of resembling adding a sunroof or a compact disc player to your car. Riders make the addition of extra benefits, usually for an added cost, though not always. A rider you may be acquainted with is technically known as "accidental demise benefit", which is more popularly known as "double indemnity." This expert rider ensures that the beneficiary will receive more than the unproved life insurance demise benefit if the insured dies as the result of an accident, resembling a car crash or falling rotten scaffolding. The beneficiary might receive twice as much money (hence double indemnity) if the insured died due to accident, than if the insured died of organic causes.
Other riders guarantee that the insurance company will earnings all premiums surrounded by the event that the insured becomes disabled. Some allow an uninsurable spouse to buy a fully paid-up policy from the proceeds of their departed spouse.
Other Answers:
life insurance rider is insurance that:
is attached to a policy of existence insurance
adds specified events and contingencies to those insured below the policy
is subject to the terms and conditions of the policy.
Source(s):
http://www.osr.nsw.gov.au/portal/page?_pageid=33,106140&_dad=portal&_schema=OSRPTLT
In home insurance, you might want to join a rider (extra coverage) for office equipment if you own a home business. If you have expensive paintings, you would want to make the addition of a rider that would specifically cover the paintings.
What's the best road to approach someone just about buying go insurance?
Answers:
Always consider their current and future requests and wants.
If that creature is selfish or not considered after forget it.
Other Answers:
Are you selling insurance?
I guess it depends.
If the person is single, no children might be tough.
If you hold an insurance company you prefer you could start a conversation and tell him/her what a great experience you hold had next to your company. Tell a little story roughly an example.
Tell them about the benefits and whats great in the order of the policy. If you are trying to sell that crap around insurance as an investment - what is the whole existence? Anyway the one where you are supposed to use insurance close to a retirement account by good it and then getting the money at age 65 or some such. Its a big rip sour don't try to sell that second-hand goods.
Its sounds like you are looking for ancestors to sell life span insurance to. Here is a good online directory to be nominated in: http://www.insuremylife.org
They are an informational website that also list local agents for people to contact.
Does First Kansas Life Insurance Association still exist?
I have only found an old vivacity insurance policy on my dad's life (he died roughly speaking 10 years ago) issued by the Ancient Order of United Workmen of Kansas, with my mom (also deceased) as beneficiary. I own learned that First Kansas Life is probably the successor company, but can't seize any info on the firm (yet). It's "only" a $1000 policy, but I would like to see if it's still contained by effect and my sister and I might be able to collect the benefit. First, I own to find the company.Answers:
I would try the Kansas Department of Insurance, they would know if anyone...
Phone: 1-785-296-3071
Toll-Free: 1-8OO-432-2484 (In Kansas Only)
Other Answers:
The First Kansas Life Insurance Association was Converted to the First Kansas Life Insurance Company surrounded by 1970.
This is the link www.nfcanet.org/pdf/mergers_ch...
http://www.nfcanet.org/pdf/mergers_changes.pdf#search='Ancient%20Order%20of%20United%20Workmen%20of%20Kansas%20%20%20First%20Kansas%20Life%20Insurance%20Association'
This is another intermingle which might help you out of Texas.
https://wwwapps.tdi.state.tx.us/pcci/pcci_show_profile.jsp?tdiNum=93567" title="https://wwwapps.tdi.state.tx.us/pcci/pcci_show_profile.jsp?tdiNum=93567">https://wwwapps.tdi.state.tx.us/pcci/pcc...
A mail address was given at this connect it is:
Contact Information:
Mailing Address:
P O Box 308
423 Southeast 10th Street
Newton KS 67114
Finally:
02-28-1985 MERGED INTO MINNESOTA PROTECTIVE LIFE INSURANCE COMPANY (55700) EDEN PRAIRIE, MINNESOTA C/A CANCELLED
Here is contact information for the Minnesota Protective Life Insurance Company
Mailing Address: 8801 Indian Hills Drive
Omaha NE 68114-4059
Office Number: (402)361-7300
Toll Free Number:(800)462-4660
Fax Number: (402)361-2681
I hope this helps you get hold of your money from the policy. It's possible it might still be in force and earn interest. An attorney might able to lend a hand you research.
Source(s):
Internet Websites
I cannot draw from a site fact list for Mutual of Omaha Insurance co. nor can I catch a too free number.?
Answers:
http://www.mutualofomaha.com/
Individual Customer Service
1-8OO-775-6000
Monday - Thursday, 7:00 a.m. to 5:30 p.m. (Central Time)
Friday, 7:00 a.m. to 5:00 p.m. (Central Time)
individualservice@mutualofomah...
Mutual of Omaha Insurance Company
Mutual of Omaha Plaza
Omaha, Nebraska, 68175
Omaha City Map from the airport...
(402) 342-7600
Other Answers:
Type:
mutual of omaha
into the Yahoo Search "Search the Web" box at the top of this page and you'll see that the search result:
1. Mutual of Omaha
http://www.mutualofomaha.com
At the top of that page is a interconnect that says "Contact Us" which list customer service numbers.
http://www.mutualofomaha.com/contact/index.html
Source(s):
http://search.yahoo.com/search?ei=utf-8&fr=slv1-&p=mutual%20of%20omaha
Also, see newlifeagent.blogspot.com for more information about the duration insurance industry.
What does an actuary do and what open-handed of family the employess are looking for?
Answers:
an actuary uses statistics to predict performance of populations (mortatility, morbility (sickness), etc.)
With that statistics, and the financing costs, they estimate insurance costs.
They influence that actuaries prefer to live in Palestina because nearby, the probability of resurrection is not zero.
Other Answers:
There's an outmoded joke contained by the life insurance industry: What's the difference between an actuary and the Mafia? An actuary can narrate you how many race out of 1000 will die each year; the Mafia can recount you the names.
An actuary uses high-level math, statistics, and demographic information to determine likely outcomes. For example, what percentage of white manly smokers born in 1939 will expected be alive today? What if they ride a motorcycle? What if they also skydive? The actuary studies statistics of life expectancy, injury, disease, or any other event to determine it's likelihood. Then they digit out what that risk is worth to the insurance company so that the insurer can figure out how much to charge surrounded by premiums for a given insurance policy. The higher the risk to the company, the high the premium they will charge.
Source(s):
newlifeagent.blogspot.com
What levy assistance is available beside medical funds accounts?
Answers:
when you invest upto rs. 10000 in medical insurance you can store upto rs. 3600, if you are intrested to know about verios assignment,then request.
how does natural life insurance commission work?
let's say an agent sold a 300,000.00 policy and the premium is 100.00/month. let's say-so the agent is getting 80% commission. is the agent getting 80% of the 300,000.00 or is the agent getting 80% of 100.00/month?Answers:
That depends. Assuming your company annualizes your commissions, meaning they compensate your entire first-year commission upfront, here's how you figure it. Multiply the monthly premium by 12, ($100 x 12 = $1200) afterwards multiply that subtotal by 80%, or .8, for a total first-year commission (FYC) of $960.
If they don't annualize your commissions, then you'll probably achieve 80% of the monthly premium each month for the first 12 months. I right to be heard probably because if you broker out the policy, some companies have monthly minimums they require past they'll mail you a check. You'll still earn adjectives your money, but you may have to dawdle a couple of months until you accumulate the minimum. For example, I use a brokerage that will not transport a check for less than $50, so if I earn $35 per month, I'll enjoy to wait until the second month previously I get my $70.
Also, please read my blog roughly insurance agencies so you have a better conception of how it all works, at newlifeagent.blogspot.com. Feel free to share it beside others, and please let me know what you estimate.
Best of luck, and good prospecting.
Other Answers:
Commissions are other bases sour of premium, not coverage amounts. If you are an agent check out this directory - http://www.insuremylife.org
You can list your local business in that.
A sports car run into our courtyard, AAA Auto Insurance Company won’t pay envelope for unwavering damages to my tree…?
A car run into our front yard, the driver claimed contained by the police report that she fell asleep on the steering wheel (this happen at 2pm). The car be totaled and did damage to our: grassland, fences on respectively side, mail box, concrete planter on one side, and highest damage to a brick planter containing a develop tree (30 years old), the tree was also dilapidated.We are told that the tree is hearty and will survive, but yelp was removed by the impact of the sports car permanently detrimental, scaring and deform the tree. New growth on the tree will never cover this damage. No growth will ever filch place over the areas where the yelp was removed by the impact of the sports car.
I hired an arborist who placed a dollar amount on the loss of value of the due to the irreparable scaring and irregularity of the tree. The insurance company refuses to settle up any amount for the damage for loss of significance for the tree, (they are willing to payment only for the cost of trimming the transition nouns between the remaining bark and the exposed (bear) wood. The insurance company is feeling like to pay for the other damages (fencing, meadow area and repair the brick planter), but NOT for loss of appeal of the tree. We also had to replace (not repair) the entire brick planter near my own money because the repair job would not meeting the existing part.
Is it unreasonable for wanting money for the irrevocable visual devastate to a mature tree located directly surrounded by front of my front door?
Before I contact AAA Auto insurance company, I need to know the most impressive / best way to constraint a settlement amount for the permanent sabotage / scaring to the tree. What things can I utter or write to the insurance company?
What are my options up to that time I file surrounded by small claims court?
Also who do I file against contained by small claims court? Is it both the driver, owner of the car, and insurance company or who?
Answers:
This is a best example of how peoples rights get trampled every afternoon as well as empire getting ripped off... the best piece that you could do is have a advocate send the insurance company a reminder on their great letter principal with a few fancy name telling them alike thing that you are describing them.. The difference would be that they would know that they can't screw you cause you enjoy someone protecting your rights... the hard point is in today's society it doesn't create sense to pay a advocate 200 bucks an hour for a few hundred dollar problem. It sucks that it is cheaper to get RIPPED rotten and RAKED over some coals cause associates know there isn't anything you can do, because they realize impossible to tell apart thing. If you want to prevent that from scheduled ever again take a look at my "protecting your family" blog on yahoo360 and gain the access you deserve to your rights. In this individual situation they could still help. If you want to know how contact me individually....
Other Answers:
Sorry that is really downcast thank goodness you didn't bring back the bark knock off of your hide.
It sounds like you are at the point where on earth you want to make the insurance company show some responsibility.
You can do this pretty slickly.
Contact your state insurance commissioners office, and ask for a complaint form. Perhaps you can report this form "online".
Insurance companies HATE to be made to respond to the commissioners office!!
Supposedly the commissioner is the consumers protector, and it will not cost anything but time. You can other go to the expensive attorney, although simply having them write a message shouldn't cost to terrible much.
Source(s):
Licensed insurance agent.
OK, they are never going to wage you for loss of value to the tree in need a judgement from court. You are going to have to send regrets settlement, and take them to small claims court.
You give somebody a lift the driver and the owner of the car to court, and the owner's insurance company will provide the defense. The insurance company did not wreak the loss, so you can't drag them into it.
In the answers given heretofore, I read some common misconceptions nearly insurance.
In answer to your question, the point of a settlement for a liability claim is to indemnify the claimant (you within this case). Indemnification means to put someone final like they be before the sabotage occured. Since you can't really be put back surrounded by the strictest sense of those words (you'd need a time contraption to do that), the insurance company can only grant money. That money is to either salary for the cost to repair the damage or to replace the dog-eared item or to pay for the difference surrounded by value of the item.
The adjuster will involve all available information you can proposition in command to come up with a celebration settlement. In your specific case, I would look closely at the tree, the landscape around it, if any, and the condition of the yard and house. Obviously, an owner beside an immaculate house and a manicured prairie will have different damages than a claimant near a lawn uncommonly cut and a dilapidated house. Put another way, if putting you hindmost to where you be before process restoring you to unkempt conditions next the scarring to the tree makes little difference. If your grass qualifies for sward of the month and a magazine layout, the scarring to the tree would be much more noticeable. You might give somebody the third degree why this is relevant. Well, this is what comes of translating damages into dollar values.
There may well be other factor to consider in your out of the ordinary case surrounded by order to come up beside a fair settlement. If you believe you really are owed the cost to replace this tree, counter the adjuster's extend with the meaning the arborist gave. This is a negotiation, afterall, and contained by any negotiation, a successful settlement is one that is unbiased to both parties.
As to lawyer: The adjuster and the insurance company for which they work really aren't impressed with a memorandum with a fancy letterhead from a statute firm. If you want to retain a lawyer, step for it. I doubt a lawyer would truly take the defence (there's no money to be made here) but they might be more than happy to impart you a little proposal, point you in the right direction.
As to your rights, they are protected by the decree. The lawyer solitary operates inwardly the law. The attorney does not enforce the law. And what the directive has to read out about these matter is that if you have be damaged by a celebration who is insured, through no fault of your own, you are entitled to satisfactory compensation for your damages by making a liability claim with that person's insurance company.
As to complaints to your state's department of insurance: this is a valid resort at your disposal. The DOI is supported by your tax dollars - why not use them? They will pass you a complaint form to fill out consequently contact the insurance company, usually by mail. The insurance company, promising the adjuster's supervisor, will respond to the complaint in a missive to the DOI. However, the DOI's inquiry and the insurance company's response will not likely be give or take a few damages to your tree. Rather, it will be about the larger examine of whether the insurance company conducted a fair investigation, contacted you inside a reasonable time and made a judicious offer to you to settle the claim.
The insurance company does not truly "hate" to be made to respond to a complaint from the DOI. This is simply one of the checkpoints surrounded by the system. What's more troublesome than a complaint letter is the somewhat jumbled audits from the DOI. They are not more troublesome because they are a cause for verbs; rather, they represent extra work. But they are also a checkpoint contained by the system
As to small claims court (another checkpoint provided by your tax dollars), you could directory a small claims action for money owed but the magistrate is truly going to wonder why you are going through the court to secure a judgement for damages when you have apparently already received an give to settle. The court is there to confer a "judgement" on whether or not the other party is laid-back and whether or not you are entitled to damages. That judgement is not about the relative helpfulness of a tree or scarring.
There exists such a great misconception among the general public concerning lawsuits, lawyers and insurance companies. Consider that insurance companies are big business entities who receive many, various, many claims every sunshine. Consider that the adjuster is a professional who handles masses claims every day. There simply is no conspiracy among adjusters to "screw family out their money" as is often thought. The adjuster's mission is simply to evaluate coverage, liability and damages (in that order) and pay what is owed. No more, no smaller amount.
It sounds like you hold a made a good start on seeking and obtain a fair settlement. Contact your adjuster, state your concerns, trademark a reasonable counter set aside, and support that offer beside the facts.
This will depend on state to state regulations but the damage to the tree should also be covered below the liability portion on the other parties vehicle insurance. You seem to be to have gone out of your track to gain an estimate for the proper cost and treatment of the tree which will look very apt in a court travel case. You may want to seek the assistance of your state insurance department and they can confer you the advise on wither you should dance through arbitration to seek coverage or run directly to small claims in which valise if AAA losses they will have to money in insert to the tree damage. loss of time (work time to travel to court) and court costs. Good luck to you. Most states Insurance Departments are very of assistance.
Sorry about the mischief to your property. To answer your questions: 1) Settlement to long-lasting scarring to tree: if I'm correct, the tree is not dead, but dog-eared. You would only be entitled to advantage of repair/maint or value of replacement smaller quantity depreciation (if applicable) - not both. 2) If you believe you still have a valid point - submit written proofs (perferably from more than one source to validate)- oral will not do. Request the adjuster to reconsider their position base on your proofs 3) Options: If the company paid, you would not be entitled to jump to small claims as well for property sabotage (note: unknown what state you are in). 4) If you decide to pursue small claims - you would sue the driver for damages - file, the company will represent the insured and move you out of small claims into a civil court, which will cause you to gain an atty. Evaluate your situation. The majority of companies are more than fair next to individuals in settling claims. Note: insurance is not for individuals to be put at a better position than they be before the loss - frequent get confused on this issue.
Source(s):
Personal culture; I work for an auto carrier as a Claims Representative
As you probably know insurances companies are out in that to earn a profit, to increase profits they will pay out the smallest amount they can get away next to. Most likely, here is not enough to acquire a lawyer involved (many of them also close to to take supremacy of people when contained by need), I would suggest that you take your bag to small claims court, be sure to have adjectives the information to back up your claim.
I aversion to say it, but your are probably out of luck on this one. For what it will cost within time, effort and money on your sector, might be best to plant some tall bushes or ivy around the tree. At smallest now the tree have more character and will be a worthy conversation starter for some time (sorry, this is kind of a "glass is partly full reply").
If you really do wish to pursue this, be nice. Might as okay request a manager as no mere claims rep will stick his/her collar out and approve this one. Make a concise argument and fax in the arborist's reports (good hypothesis to get that report done by the way) and be unremitting. Call every day if necessitate be (remember to be nice).
I do not really know what to say on the small claims court side. Think it will be more of an irritant than it is worth.
WHAT ARE THE REQUIREMENTS TO TAKE THE EXAM TO GET YOUR INSURANCE AGENT LICENSE?
FOR EXAMPLE, IS A COLLEGE DEGREE REQUIRED? AND HOW WOULD I GET MORE INFO ON HOW TO GET MY LICENSE?Answers:
Insurance licenses are handle on the state level. They are call the Insurance Department. I can tell surrounded by Pennsylvania there is no requirement for a college amount, but there may be a requirement from anything company you are applying to write insurance through. To study for the exam, I would check out Dearborn. http://www.dearborn.com
Also talk to some local agents roughly their experiences with the experiment in your state - http://www.findlocalinsurance.com
Other Answers:
Check next to your state Dept. of Insurance for your state's specific requirements. You may be required to take a dependable number of hours of pre-licensing continuing education, intervene a background investigation, plus intervene the state licensing exam.
For more information, please see newlifeagent.blogspot.com
Source(s):
newlifeagent.blogspot.com
what is mutual funds investment ?
Answers:
A mutual fund is a corporation operating under the Investment Company Act of 1940 as an approachable end investment company. It also complies next to certain restrictions lower than the Internal Revenue Code.
The owners of the corporation are prorata owners of a pool of investments. The Investment Company Act, and to some extent the Internal Revenue Code, restrict what assets can be included. However, these restrictions are mostly minimal and in some instances recommended if disclosed properly.
Mutual funds are unique within that their shares are both continually offered and continually redeemed. What make this different from an ordinary company is that the company issues as copious shares as the public wants and will redeem them on constraint (there are restrictions on both of these statements but they don't usually apply). If you had looked-for to buy shares in IBM, you would own to buy them from an existing shareholder. If you wanted to buy shares contained by a mutual fund, the company will produce as many as you are prepared to buy and will sell fractional shares as economically. Likewise, if you wanted to supply shares in IBM, you would purloin them to the market to find a buyer. The mutual fund itself will buy vertebrae all shares at the subsequent valuation price (usually that means an lay down today will not occur until tomorrow).
The funds self-restrict their investments to allow shareholders to anticipate what is imagined to occur.
What is the best sensitive of duration insurance to buy?
I am 42, husband is 49. If one of us dies we want to be able to repay off a brand new home we are purchasing and any other major debt. I've see whole life span, term, plane term, 10, 20, 30 year residence. It's all so confusing.Answers:
Discuss your situation near a competent financial planner in your nouns. Do not trust anyone who tells you how much insurance you obligation without asking you any question. Avoid insurance salespeople, especially ones who use a multiple of your salary approach.
A right financial planner will complete a survivorship analysis for you. He/she will ask you alot of questions in connection with your current financial situation and after making certain assumptions in connection with rates of return and inflation, will be able to multiply your family's overall need for assets at your endorsement and how much of that need would be compensate by assets you would have on mitt. Don't forget to tell your advisor roughly speaking any savings or investments you hold as well as adjectives life insurance contained by force, including employer provided. If there is more than ample assets already available, you do not need any more life insurance, but for, consider purchasing more.
There is a widespread belief that possession insurance is the only worthwhile mode to insure oneself. This may not be the case. Term insurance is typically totally inexpensive when compared to permanent forms of insurance (whole life span, universal natural life, variable general life, etc.) but it is defining to remember that those term premiums will rise somewhere down the road. Approximately 90% of possession policies never pay a annihilation benefit, mainly due to the certainty that they became too expensive to keep hold of in force. Term insurance falls into two central types, Yearly Renewable and Level. Yearly Renewable Term (YRT) premiums start very low. As respectively policy aniversary passes, your premium go up. Each year you get elder the resulting increase is a little bit larger than the previous year. It make sense if you look at it from the insurance company's perspective; each year elder you get is one year smaller amount you have not here to live. Level Term will have a abiding period where on earth the premiums will remain level, usually 10, 20 or even 30 years. The longer the guarantee extent the higher the premiums will be, but they will remain at the initial premium amount for the guarantee interval. I prefer Level Term for my clients who need possession coverage because it is a much more predictable amount to budget.
Permanent insurances, while requiring higher premiums, also build a dosh value, on a due advantaged foundation. If the policy is designed properly, it can make a polite savings vehicle for LONG TERM investing goal. As with any significant decision, the most celebrated aspect is to get the proposal of a competent, trusted professional.
Other Answers:
Use term for the interim need. (mortgage and debt and income replacement)
Whole duration or universal go for permanent entail (final expenses and money you want to leave to heirs). Most enthusiasm insurance companies have calculators on their websites to assistance determine the amount.
Spedteacher,
Here is some info on the different types of life insurance:
http://www.insuremylife.org/typeslife.html
Here is what usually happen:
Young couple buys a house and takes out a residence life policy to cover the mortgage and other debts. 5 years after that they refinance the house or move into a bigger house, but forget to review their life insurance program. I individually have 2 enthusiasm insurance plans. I have a $700,000 possession life plan that I pay cheque $242 for the year. I also have a $300,000 VUL which I put a couple hundred a month into.
I'm looking for combined home/auto insurance contained by CA...Any recommendation?
Price and corporate ratings will be the determining factors. Can you back me in determining the best insurance for my home and motor? Thanks!Answers:
I would look for companies that have local agents within your area. Try here: http://www.insuremyhouse.com
They hold a directory of local agents.
Other Answers:
I have Farmer's Insurance for my home/auto, and I'm pretty elated with them.
Best to shop around.
HMO or PPO?
HMO or PPO? Money not an issue ... which is better?Answers:
PPO all the agency. I had a HMO at my older job and you are stuck beside having to see your primary doctor up to that time you can see a specialist. If I sprained my ankle and wanted to see a physical psychoanalyst that specialized in foot injurys my primary doctor would own to refer me to one before I could stir see one or HMO would not cover the costs. PPO is more expensive but you get more choices, definatly worth it!
Other Answers:
PPO, categorically!
Can you provide any information on "Medigap" Insurance for those individuals lower than Age 65?
Answers:
I'm not sure what kind of information you are looking for. Are you wanting to know what Medigap is? Or what companies, Could you be rather more specific?
Other Answers:
The following is from the Medicare Program website:
Medicare is a Health Insurance Program for people 65 years of age and elder, some disabled people below 65 years of age, and people near End-Stage Renal Disease (permanent kidney failure treated near dialysis or a transplant).
Medigap insurance refers to supplemental insurance plans for thos people on medicare. Unless you jump down under one of the two provisions that would allow you to assist in the Medicare program prior to age 65, you would not know how to get medigap coverage.
If you do qualify for Medicare, check out the website, www.medicare.gov.
Source(s):
www.medicare.gov
Where can I find info nearly risks vs. benefits of self-insurance vs. individual medical/health insurance?
Especially when one has Type-II diabetes.Answers:
Self-insurance plans are usually lone successful among larger organizations that enjoy enough society to effectively diversify the risk among contributors. It works along the same lines as a diversified investment portfolio - not everyone is going to find cancer in matching year, but maybe 1 surrounded by 1000 will. It's pretty tough to diversify your personal significant future condition risks between me, myself and I.
If your question is give or take a few your employer considering self-insuring:
Self insured organization usually set down the benefits (co-pays, Rx benefits, stop losses, annual limits, lifetime edges, etc.) just approaching any other medical plan, and then hire/contract an administrator to review and settle claims based upon the established policy. Instead of writing a check to an insurance company every month for your insurance coverage, they will steal the money and put it in a fund and clear approved claims from that fund. The organization will usually buy some stop loss insurance, so that if claims exceed X dollars within a period, the insurance will start paying. This is usually a pretty illustrious figure up to that time the stop loss insurance starts paying, but enough that it will save the plan from going bankrupt. Insurance actuarials amount out stuff like this.
One risk that you involve to be aware of, and this applies to self-insured plans and group plans, the employer can change the benefits surrounded by these plans at any time, except in cases of employment contracts or other provisions that might prevent them from shifting the benefits.
My employer has made several change to our self-insurance plan over the last 5 years to keep hold of the cost down for the employer. My employer has be self-insured for years, and the experience has be fairly positive. When private insurance costs be soaring, our costs increased, but at a fraction of the rate. Last year, our costs were up smaller quantity than 3%. That's the difference, if the employees don't shift to the doctor as much, the money is left contained by the fund for future expenses, it doesn't dance out the door to an insurance company whether you use the benefit or not. There is usually some additional stab by the employer to keep their workforce healthy (exercise programs, smoking cessation, nutrition programs, etc.), since they can in actuality SAVE MONEY if the employees don't require as much contemplation.