Today, modern life completely depends on electronic gadgets that influence all age group and social group of people. People can buy latest gadgets from anywhere. They are available everywhere like online shopping, regular stores, market place etc. Widgets can be divided in many categories according to usage, choice, age group, social group, requirements, purpose etc. The most popular devices in United Kingdom are electronic widgets, mobile...more
Despite the recent volatility and looming uncertainty for America's financial health, trends show more Illinoisans turning to money market funds and Illinois life insurance policies. Analysts interpret these trends to suggest Americans are looking for fuss free stable resources for future financial contingencies.On Wall Street and at Chicago's Board of Trade, hedge funds, short sells married to an uncomfortably high unemployment rate are...more
So many Americans are worried about how healthcare reform will ultimately impact them. As we age, the potential for long term care needs becomes more and more of a concern.The biggest reason many people do not purchase long term care insurance is because they don't want to pay for it and never use it. However, just like every other insurance product, it is better to have it than to realize later that we actually would have benefited from it.There are products available, though, that allow you access to long term care coverage if the need arises. These policies combine long term care insurance with other insurance products - life insurance or annuities. The long term care insurance can be added as a rider to the other insurance product being purchased.There are a variety of ways to purchase these combination products. It depends on what makes the most sense for the policyholder. Here are a few variations to consider.Premium optionsSome policies are only available with a single premium payment - one large lump-sum payment. Others will allow for multiple, flexible premium payments over time.If there is a concern that the premiums will "go to waste" if the policyowner never...more
Life insurance riders allow you to bring your policy to a custom-fit, adding whatever provisions and exclusions you require. There is a downside to making your policy non-standard, however, and that is that it can slow down your shopping process considerably, especially if you are shopping for an otherwise easy type of coverage, like term life...more
Long term care insurance is a serious investment that entails time and planning. Premiums may be costly, but it is more practical to purchase LTC insurance than resort to paying out-of-pocket expenses. Good news is you can get discounts and save from premiums in these easy steps:Good Health Equates to Great SavingsIf you have good health history,...more
Most of us are counting on Medicaid, disability insurance, personal savings and other resources in battling with the challenges of old age. We rarely--or not at all-- think about the possibility of staying in nursing homes some time in the future, as it only makes us vulnerable to suffering and distress, Everything in your home--car, house, appliance--is insured, and you never complain even if those dwindle your money. Why not insure yourself, too? Not buying long term care can be the worst mistake you'll ever make in your life. MisconceptionsMyth # 1: Disability insurance will pay for my long term care needs.False. Disability insurance and long term care insurance have strong differences. Disability insurance pays you if you can no longer work due to disability; long term care insurance covers your care in a nursing home or an assisted living facility. Also, most disability insurance ends when you reach the age 65, but typical LTC insurance takes effect after the age 65.Myth #2: Medicare/Medicaid will cover all the expenses for long term careMedicare and Medicaid do not shoulder all your entire LTC expenses, unless you are impoverished. You must meet the poverty level in order to...more
No one can escape old age, unless you die young. Long term care insurance is our most powerful defense when our age starts to wither and our bodies continue to shrink. Long-term care insurance can be absolutely expensive, but its cost pays off the...more
There have been so many debates as to the pros and cons of purchasing long term care insurance. Through the years, long-term care insurance is part of every household of aging individuals. There are so many advantages of LTC insurance that everyone...more
This comprehensive SWOT profile of Hungkuk Fire & Marine Insurance Co Ltd provides you an in-depth strategic analysis of the companys businesses and operations. The profile has been compiled by to bring to you a clear and an unbiased view of the...more
This comprehensive SWOT profile of Lotte Non-Life Insurance Co Limited provides you an in-depth strategic analysis of the companys businesses and operations. The profile has been compiled by to bring to you a clear and an unbiased view of the...more
In order to get the cheapest life insurance rates, one first needs to evaluate their financial needs accurately. This goes for anyone shopping for life insurance, not just smokers. And it is very enticing for someone to simply want to rush through...more
Life insurance pays your estate or beneficiaries a lump sum should you die. However purchasing a life insurance policy in Australia is different compared to overseas life insurance policies, such as those from the U.S. The Australian life insurance...more