Sara, a 50-year-old working professional, was in a car accident. She suffered some serious injuries and submitted a claim for permanent partial disability benefits with her insurance company. Her personal physician had already provided detailed documentation. But her insurance company requested her to attend an examination with another doctor, provided by them. This doctor, they said, is an "insurance doctor." Now, this was something new to Sara. But is it a new concept? Let us find out. Who Is an Insurance Doctor? Insurance doctors play a critical role in the insurance sector, which is quite underrated and misunderstood. Most of us assume that they actually replace the role of our treating physicians, but that is not the case. Our physicians treat us in case of any mishap, but they do not assess or evaluate our level of injury or disability. But then, who actually does it? This work is done by Insurance doctors, which, in turn, impacts or affects our insurance benefits. Th...
Investment In Falling Stocks There are many ideas surrounding whether investing in stocks that consistently show a downfall is a good idea or not. The dilemma!!! On one hand, falling stocks will enable the investor to purchase it at a much lower price, allowing greater profitability when the price actually rises. On the other hand, a stock consistently falling in value is also a sign of weak performance, loss of consumer trust in the product , fall in profitability, and overall downfall of the business. In other words, the business is facing challenges that may last for a long term. Now, the question is, which side of the balance is heavier? How can we evaluate whether it is fair to invest in or stay away from a stock that has been losing its value for some time? Let us understand some simple facts: Let us understand the fact that a fall in stock prices can be considered an investment option, which are basically speculative. You should always keep in mind that the pric...