3 Important Tips To Utilize When Choosing A DBA Insurance Policy

If you work for private employers on a military base of some sort outside of the United States, then you're required by the Defense Base Act to have insurance. Choosing a DBA insurance policy doesn't have to be as difficult as it seems if you utilize these tips. 

Compare Premiums

Just because you're required to have DBA insurance working on military bases for various employers, doesn't mean you should spend a fortune on it. You won't have to if you carefully compare the premiums (monthly payments) that insurance providers are willing to offer.

What you'll need to do is go online and look up insurance providers of these DBA policies. You'll need to provide them with some personal information and let them know what type of policy you need. These companies should then give you estimates on the premiums that you could pay. Look them over to see which company has the most competitive rate.

Work With a Broker 

If you've never purchased this type of insurance policy before, the whole process may seem pretty foreign. You thus increase your odds of making a mistake, such as paying too much or not getting enough coverage. To avoid these issues, you should just consider working with a broker when trying to get a DBA insurance policy. 

Brokers will take care of the search process for you. They'll listen to your insurance needs and scan the market for the best quote according to your personal situation. They can make this search process go by much more quickly, as opposed to you tackling it alone. Just keep in mind that these insurance brokers will charge a fee for their services. 

Understand Policy Benefits 

So that you know completely what you're getting for your money when paying for a DBA insurance policy, go ahead and look over its benefits. Only then will you know when to file a claim and get compensation that may be desperately needed at the time.

If you're injured and left with a disability while working on a military base across seas, then you can use your DBA insurance policy to file a claim. Medical visits for injuries and deaths are also covered under this type of policy.

If your operations involve working on military bases outside of the U.S., you'll need to get some form of DBA insurance. Even if it's your first time getting this type of insurance, you'll have an easy time by following the right protocol from the beginning.