answersLogoWhite

0


Best Answer

Catastropic insurance covers only catastropic events, such as getting run over by a truck. You will generally pay a lower premium than that of regualr health insurance. There are many factors which will determine the price, such as job and age.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What exactly does catastrophic insurance cover and what kind of premium can I expect to pay for it?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is catastrophic health insurance good enough?

It really depends on your age and how often you expect to need to visit the doctor. If you are going to go frequently, then no, catastrophic health insurance is not enough for you.


How do Pennsylvania car insurance prices compare to the prices in the rest of the country?

For premium coverage, expect to pay $1,373.23. This is about the average for comprehensive insurance for the rest of the country.


What is a net single premium?

A net single premium is the present value of the expected cost of paying a death benefit. Parallel to the amount you should expect to pay upfront as a lump sum for paid-up insurance. Generally, the older you are, the higher the net single premium as a percentage of the face value of the insurance coverage.


Where can I get information on hvg insurance?

Drivers who have tickets should be prepared to pay a higher premium for insurance than those who do not have tickets. Statistics show that drivers who recieve tickets will usually get into an accident at some point and insurance companies will charge high premiums to offset the costs that will be incurred if that were to happen. The more tickets you have the more you can expect to pay for your premium.


What kind of insurance premium would I be looking at with a new BMW convertible?

It depends of course on things such as age, year, etc. However, on average for the higher end BMW's you can expect to pay over $1000 for your insurance premium. For more info go here: http://autos.aol.com/gallery/most-expensive-cars-insure/


Need homeowners policy on property you have occupied 13yrs without previous homeowners policy?

you had no insurance for 13 years? You should qualify for a state plan that will guarantee you coverage - contact a local insurance agent - and expect for the premium to be high


How much can you expect your auto insurance premium to increase if you totaled your 13000 dollar car due to skiding on the highway and no other car was involved?

Was it icy? Call and ask your agent!


What is risk premium?

Risk premium is the compensation investors expect to earn in return for taking risks.


Can you cancel Progressive Insurance in Virginia at any time and get a refund if paid in Full?

Yes, you can cancel any policy at any time, and expect a refund for the used portion of premium paid.


How Surety can be compared to insurance policy?

Both insurance and surety provide protection against financial loss. Insurance anticipates losses and charges a premium with that in mind where surety companies expect no loss and the premium charged is a 'service fee'. Surety bonds involve three-parties the surety company, principal and obligee. Insurance involves two-parties the insurance company and the insured. With insurance the risk is transferred to the insurance company where as with surety the risk remains with the principal. The surety is providing a guarantee against loss by agreeing to be responsible for the obligation of the principal.


How expensive is it for contractor liablility insurance for employees?

Liability insurance typically varies based on a number of factors specific to your business. The premium a company pays depends on its risk factors. Contacting insurers directly to receive a quote, or searching for liability insurers online would be the best way to find the premium your specific business would expect to pay.


What type of insurance does the anthem blue cross in California offer?

Anthem Blue Cross in the state of California offers comprehensive health insurance. Individual and group plan are available. One can expect to pay a large premium if one's employer does not use Blue Cross for the company's insurance provider.