Hi, this is Troy Gonzales with Good Neighbor Insurance. Today I’m going to be talking about the GeoBlue Navigator plan And we’re going to be talking about the premiums. All right, so the Navigator plan is an international long-term career plan.
We’re going to talk about the premiums today. So the premiums are paid monthly. So there are 12 payments of the monthly premium. Most other plans require you to pay monthly at 10% of the annual. So since the annual premium is one sum. Let’s say it’s a thousand. If you wanted to pay more frequently you would actually end up paying more. So that would be a hundred a month which would end up being more than the overall annual. But the Navigator is unique because throughout the twelve months there’s no discount, and you won’t pay more, so you can choose to pay the monthly premiums in one lump sum if you want, but it won’t change the price. It just depends on how you want to do it. The forms of payment is, you can either pay by credit card, you can hook up an account, or if you wanted to pay annually, you can pay by check. But the payments are done automatically each month, so that’s quite nice. The premiums increase every year at renewal. This is typical on all insurance just because of the cost of medical inflation, cost of claims or if you go into different age category, it’s going to increase the premium there. But the Navigator, each person has the new business rate, so everyone has the same rate. That’s quite nice. The Navigator, if you were to add the maternity benefits, it would be a monthly charge for each of the parents. And lastly, when you actually apply for the plan, the very last step when they approve your application is to charge and secure the premium, so that’s the basics there for Navigator premiums. Overall the Navigator’s a great plan, great missionary insurance. It’s just in general, awesome health insurance overseas. That’s about all I have for right now. We
also have more information on our website. You can always contact us by phone, by email, and by Skype.