Tuesday, February 26, 2019

Insurance Questions For New Employees, Answered By Robert Jain

By Jason McDonald


Starting a new job comes with a level of excitement that any employee will experience. One of the reasons for this is that you have access to a litany of benefits that simply wasn't accessible beforehand. Among the benefits in question is insurance, which comes in many forms. When it comes to insurance, particularly in regard to new hires, here are some of the most important questions that Robert Jain will be able to ask.

"After I'm hired, how long do I have to wait until I can apply for insurance?" In most cases, there's a 90-day wait period. Furthermore, holidays and other off days are recognized, which means that dates like Thanksgiving and Christmas are included in said period. What this means is that, if you wish to apply for insurance through your work, you must be employed for roughly three months. This is just one of the many details about work-related insurance that names like Bob Jain can share.

"What forms do insurance come in?" When it comes to the forms of insurance worth investing in, there are quite a few to cover. Health, for example, will help you mitigate the expenses associated with everything from medical emergencies to doctor's visits. Retirement will allow you to build an account that, decades down the road, will allow you to leave the working world with comfort. These are just a few examples, but your mileage may vary.

"Do I get to keep my insurance if I leave my place of employment?" You won't be able to keep your insurance, if you leave your place of employment for any reason, so it's important to know what your rights are. Be mindful of the fact that this only applies to employer-provided insurance; plans that employees purchase outside of work will carry over. Furthermore, employer-provided insurance may have a grace period that will allow former workers to shop for alternatives. These are just a few things to know about this particular topic.

"Can I cancel my insurance If I have to?" Yes, it's entirely possible to cancel any insurance plan that you have. It's important to note, though, that some plans will require that you pay cancellation fees. Furthermore, you must give your insurance provider enough notice so that your plan can be canceled on time. These are just a few things to know about insurance cancellation, but rest assured that it can be done.




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