in-sewer-ants-poly-sea

[me_in_japan]

Let me start by apologising for what will no doubt be this illustrious forum's most boring question ever.

*MiJ kowtows with much hand flapping, doffing of caps and tugging of forelocks*

Right.

Here we go then:

What health/life insurance do you guys have?

I mean, how much do you pay per month, how much moolah does the missus get if you kick the bucket, and how much moolah do you get if some bugger hits you with a truck and you end up in hospital for a month with two broken legs?

I'm deep in the quagmire of deciding what to get, and I currently have no point of reference as to what "normal" insurance costs. As a school teacher I also have the option of going with the Japanese private school insurance, but I have to wait until April next year to sign up for that (I believe it's a once-a-year sign up, at least that's when I get the documents every year, anyway.) It's the ol' "got-child-suddenly-feel-responsible" syndrome. I daresay we all get it to some level or another.

Ta all for your no doubt insightful wisdom

apologies again for being a boring old fart

[Tenorikuma]

For health insurance, I have plain old Japanese public health insurance. It helps that in Nagoya, children are covered for 100% of health costs up to the age of six.

My life insurance plan is with a Canadian company. Very modest, $35 per month, pays $150,000 if either I or my wife kicks the bucket.

[Spevna]

The Spevna pays 20,000¥ and that is for three (yes, three) different policies. They cover everything. The Spevna will also get a 5,000,000¥ payout upon reaching 65ish. If the Spevna dies while the kids are in education, mrs Spevna will get a whopping big payout to cover the mortgage/raising kids etc. Hospital stays and loss of income are covered too.

Japan is the land not only of the rising sun, but also rising insurance policies. People here have multiple coverage.

[Primarch]

I have 3 policies, but I am paying about 35000 yen a month. My wife also has 2for another 10000 yen a month.

If my wife dies, I get about 3 million to cover funeral expenses etc.

If I die, my wife gets a huge chunk of cash to cover rent/mortgage/kids/school etc. It goes down year on year though as it is calculated by how much my wife needs to pay for those things until I would have been 65. Its kind of hard to get your head round at first. It bottoms out at 5 million if I die at 65 or over.

If I get sick and go into hospital ALL of my costs are covered (the national hoken system covers only 70%, which means if you get REALLY sick, you will spend a fair amount of cash). The covers staying in a hospital for up to 6 months I believe and includes about 5000 yen a day in extra cash to cover things that need to be paid for. My wife has something similar but doesnt cover such a long stay and provides no extra cash. I pay every month until I retire but the policy continues till I die.

The last one isnt really insurance, but is more of a savings policy I got it from the same place though. I pay money into the system for the next 30 odd years. I can take out my money at any point but only regain about 80%. Once I STOP paying in, the money continues to increase by a fixed amount on top of what I paid. So the longer I leave it, the better it will be.

The company we used to get all these policies was called Hoken no Madoguchi and is a pretty big chain in Nagoya (no idea about Tsu)

Hope that helps.

[Spevna]

I have 3 policies, but I am paying about 35000 yen a month. My wife also has 2for another 10000 yen a month.

If my wife dies, I get about 3 million to cover funeral expenses etc.

If I die, my wife gets a huge chunk of cash to cover rent/mortgage/kids/school etc. It goes down year on year though as it is calculated by how much my wife needs to pay for those things until I would have been 65. Its kind of hard to get your head round at first. It bottoms out at 5 million if I die at 65 or over.

If I get sick and go into hospital ALL of my costs are covered (the national hoken system covers only 70%, which means if you get REALLY sick, you will spend a fair amount of cash). The covers staying in a hospital for up to 6 months I believe and includes about 5000 yen a day in extra cash to cover things that need to be paid for. My wife has something similar but doesnt cover such a long stay and provides no extra cash. I pay every month until I retire but the policy continues till I die.

The last one isnt really insurance, but is more of a savings policy I got it from the same place though. I pay money into the system for the next 30 odd years. I can take out my money at any point but only regain about 80%. Once I STOP paying in, the money continues to increase by a fixed amount on top of what I paid. So the longer I leave it, the better it will be.

The company we used to get all these policies was called Hoken no Madoguchi and is a pretty big chain in Nagoya (no idea about Tsu)

Hope that helps.

Ours sound quite similar.

[The Underdweller]

I get Shakai Hoken (Employee's Health and Pension) through my company. It's pretty expensive, at about 350,000 per month (it depends on your salary)-about 2/3 of that goes to pension.

I think National Health Insurance (which you pay directly to the government, not through a company) is a bit cheaper, but doesn't include pension.

Shakai Hoken covers 70% of all medical costs. However, if you go over a certain limit (about 80,000 yen per month) for one illness, everything above the limit is covered. They pay about a month's salary if you die, and if you get sick or injured at work you can get about 60% of your wages while you are off. Dependants can be included in the coverage, and you can get some money (about 350,000) if your wife's going to have a baby. More details here:

http://www.nic-nagoya.or.jp/en/e/archives/4775

If you happen to live to Japan until you are 65 (? or so) you can get a pension, and some countries have bi-lateral agreements that recognize contributions from Japan.

[Admiral-Badruck]

For health insurance, I have plain old Japanese public health insurance. It helps that in Nagoya, children are covered for 100% of health costs up to the age of six.

My life insurance plan is with a Canadian company. Very modest, $35 per month, pays $150,000 if either I or my wife kicks the bucket.

You need to move to Ogaki here kids are covered 100% free until 18 years old.

[Tenorikuma]

You need to move to Ogaki here kids are covered 100% free until 18 years old.

Nice.