Iphones are generally delicate. Getting damaged is very common and that is where GoTronics has an in house iphone repair service. It would be very challenging to try to get iphone repair technicians every time your iphone is damaged. Being delicate, you can never be sure when disaster would strike, you might try everything possible to avoid instances of damages but it is never avoidable at time. The technicians at GoTronics iPhone...more
Variable Life InsuranceOne of the more popular forms of life insurance out there is variable life insurance. But why is this complex form of life insurance gaining such popularity, and how can it benefit your financial foundation?Understanding Variable Life InsuranceVariable life insurance is a form of whole (or permanent) life insurance. That means that once you have had a policy approved and issued it will offer you insurance benefits for your...more
If you have been comparing life insurance rates then chances are good that you have looked at term life insurance. Term life insurance is a terrific product for people who: 1. Need a high dollar death benefit with a low dollar premium. 2. Need a temporarily high amount of life insurance death benefit. 3. Need a gradually decreasing amount of life insurance. 4. Need a simple, small burial policy.Understanding Term Life InsuranceTerm life insurance is a policy that offers the policyholder a death benefit for a limited period of time, generally anywhere from 5 to 30 years. Term life insurance rates are based on the actual cost of insurance alone and not on accumulating cash values (as they are in whole or permanent life insurance policies). This makes rates much cheaper. In addition, because the insurance company is only obligated to offer you insurance protection for a limited period of time, they have less risk of you actually dying during the term of the policy and can offer lower rates based on that reduced risk.Uses of Term Life InsuranceAs we mentioned above, term life insurance is the perfect product for many different situations. * Because it has a low premium, it...more
Private placement life insurance (PPLI) typically requires a minimum premium commitment of $1 million or more. By pooling their available assets, two or more grantors of (i.e., contributors to) an irrevocable life insurance trust (ILIT) can reach the minimum premium commitment of a PPLI policy. The insured may be one of the...more
When buying life insurance, there are basically two types of insurance products, Term life insurance and Permanent life insurance. Term insurance offers temporary risk protection for a very affordable price, especially in the early years of the term. Permanent insurance offers lifetime coverage, usually for a fixed or declining cost. One of the...more
Life insurance is a commodity - sold and procured. But many people would not want to think about this particular product. It usually is associated to something all of us hate to come - death. But if you would just give your underwriter time to explain the benefits, maybe you can have a change of notion about life insurance. What are the benefits?You have to accept that we cannot control our lives and that death is an eventuality only God knows when it will come. With life insurance, you have made provision for your children and family. You would leave them some amount so they can pick up the pieces and start their new life. They are taken care of by the money you will leave them, which is the face value of your insurance coverage.Peace of mind - for you. You can always be contented even if you have fear for your death. You know that when you are gone, there is some money left for your family and children. You can even purchase an insurance type that can cover funds for the education of your children. Or - your insurance benefit can be a trust fund for your children. So - their financial needs can be provided. How do you like it to be considered as an investment? Many of the...more
If you are a business owner, chances are you have life insurance policy. But a buy sell agreement ads further protection for the longevity of your business. A buy sell agreement is a type of agreement that works along side a life insurance policy....more
To begin with, you need to understand that life insurance falls into two very broad categories: Whole and term. The basic difference between term and whole life insurance is this: A term policy is life coverage only. In whole life insurance policy,...more
Long-term needs are not constant due to the fact that they are needed in a long period of time. The costs are usually high in states like New Jersey, Washington, and California where long term care is needed most. A wide-ranging survey...more
What is the most important thing in life?We all value different things so obviously the answer will be different for all of us.Even though we value different activities and prefer to have different possessionsall of us will undoubtedly value one...more
Do you understand variable life? It may be easier to understand if we can contrast it to whole life insurance.It is a permanent policy, and it can grow a cash value. But it is also different than traditional whole life.A whole life policy does have a...more
When shopping for life insurance, disability insurance or health insurance you might have been approached by any number of agents representing different companies to offer you advice and insurance products. Very often agents who represent only one...more