It has been said that only 8 percent of Americans have secured long term care insurance for themselves or their loved; that percentage is too small compared to the average life expectancy rate. As life expectancy climbs, more and more people are worrying about their health and unlikely events that might confront them in later years. The need for long term care insurance come into question. Many people are opposed to it because most policies are...more
There is vast range of long term care policies offered from company to company to suit individual needs. However, you must be able to understand and differentiate what those policy embraces, since companies have different underwriting procedures and definition on LTCi policies and premiums. A financial advisor that is well versed in LTCi can help you find the best deals and save on your premiums. You must have heard the term premium for the nth...more
While you probably know that you need life insurance, finding the right plan for your needs can be a bit difficult. There are many choices out there, and deciding on one is tough. If you want to make sure you choose the right plan, here are a few tips to follow.Tip #1 - Know What You NeedYou are the one that intimately knows about your own financial situation. Don't let other people tell you what you need. To get a good idea of what you need, add your debt, the cost of a funeral, and income replacement for 6-12 months together. This will help you to come up with a good idea for protection. Taking a look at your finances and knowing what you need will help you to choose the best policy for your needs. Remember, insurance agents are trying to sell big policies and you may not need that much coverage, so look at your own situation and figure out your needs first.Tip #2 - Understand the OptionsYou have a couple of options when it comes to life insurance - term versus whole. There are benefits to both options. Take a close look at the pros and the cons to both before making up your mind. Then make an informed choice when making up your mind. Don't just choose one because an agent told...more
Life insurance can be described as an agreement between an individual and the insurance company that he has selected. The bases of the agreement lies in the idea that the company will pay a decided amount to the insured persons beneficiaries (generally family members), if the person agrees to pay a recurring fee till the point of...more
As the sun sets in Doha, the city comes alive with a vibrant nightlife scene that is sure to provide endless hours of fun and entertainment for party-goers and those looking to relax after a tiring day of work. The various night entertainment spots in the city boast of a cosmopolitan atmosphere that is geared towards satisfying both locals and...more
More often than not, owning a house of our own is a dream for most of us. The pursuit of achieving this dream is an expensive one though. When we go for a home loan, the monthly instalments end up taking a big slice of our monthly income. In the event of you or your spouse's early death, the sudden loss of income can very well leave your survivors in a difficult situation unable to make payments. To your family and loved ones protected from such a financial hardship, you should consider going for a Pick-a-Term Mortgage Protection insurance.Pick-a-Term Mortgage Protection has a decreasing death benefit that matches your mortgage balance at the beginning of each year. Since the death benefit decreases along with your mortgage balance, the cost of Pick-a-Term is less expensive in comparison to a non decreasing term life insurance policy.Quite often when you go for a home loan or mortgage, the bank, along with the loan will usually sell you mortgage insurance. This is actually not mortgage insurance but a life insurance policy where it protects itself by having you pay for a policy the beneficiary of which is the bank itself. You end up paying for an expensive policy which is owned...more
There are incredible career opportunities in the auto shipping industry including a wide variety of options for many different skills, talents and expertise at all levels. There are both full time and part time opportunities available in the...more
Carrying everything within a tight budget is certainly one of the hardest challenges that people need to deal with today especially with those who have their own families. Certainly, making a great improvement on how the people are able to handle...more
If you have been involved in an accident or are worried about the potential consequences of one, it is important to know how long do accidents affect insurance rates. While many assume that any accident will affect their premiums, this is not always...more
Many people have cars and enjoy driving them every day. What most of these people have in common, along with the independence they share driving their cars, is the thought that they will have an accident. An auto accident is devastating to anybody...more
There are a variety of options available if you are looking for life insurance and one of the best options to consider is term life. Many people find permanent life policies to be very costly, but you don't have to give up having this coverage. There...more
Why should mental models matter to you? Your ability to perform and achieve is determined by your mental models. Mental modeling will give you significant business advantage.The way you see the world is based on the mental model you are operating. ...more