4 Frequently Asked Auto Insurance Questions

Natural disasters, terrorist attacks and plane crashes are all over the news, but for the majority of people, the chance of being directly affected by those tragedies is relatively low. On the other hand, most people are exposed to a more common risk every day: being in a car accident. Here are some of the most frequently asked questions about auto insurance.

There are some ways to ensure that a company

There are some ways to ensure that a company is not able to terminate an employee without properly following certain steps, and most of these are due to wrongful termination laws for the country. It is through a wrong reason in firing a worker at a company that the employer or management may find serious complications or litigation.

The most important at-will termination protections in place are those that violate certain safeties to civil rights, wrongful terminations and violations of labor laws that the company may engage in when the person works there. The employer does not have the ability to discriminate based on the civil rights granted to each citizen in the United States. When any violation of federal laws does occur, the company may face litigation of a harmful nature to the reputation of the business and that could cost the company thousands or more depending on how many individuals suffer injury.

Mesothelioma Law Firm

Mesothelioma Law Firm

For decades, mesothelioma, a life-threatening disease that can affect the lungs, abdomen, and several other major organs, has been linked to prolonged exposure to asbestos, resulting in many people seeking a mesothelioma law firm to get justice and help them cover the overwhelming expenses associated with the disease.


Typically, mesothelioma victims were exposed to asbestos while working at a job site that used asbestos-containing materials (ACMs). In many cases, the manufacturers of asbestos and ACMs knew of the hidden dangers and risks of asbestos, yet failed to inform the public, as asbestos was an extremely profitable mineral. Because of the hindrance of information, workers who developed health issues from asbestos exposure may be eligible for financial compensation to cover expenses such as lost wages, medical bills, emotional suffering, physical pain, and more.

The New Jersey Supreme Court has made changes in employment law that redefine

The New Jersey Supreme Court has made changes in employment law that redefine part C of the ABC Independent Contractor test.

They claim that part C does not require an individual to operate an independent business, engaged in the same services that are provided by the employer, to be considered an independent contractor.



What Is the ABC Independent Contractor Test?

The ABC Independent Contractor test is used to determine if a worker is an official employee of a company. The test presumes that a worker
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is an employee unless the employer can demonstrate three factors that suggest they are an independent contractor. The factors are:

A – An individual has been and will continue to be, free from control or direction over the performance of services, both under his contract of service and in fact

B – The service is either outside of the usual course of business for which it is normally performed, or is preformed outside of all places of business for which the service is normally performed

C – The individual is engaged in an independently established trade, occupation, profession, or business

The Case and Ruling

The case in question was between Garden State Fireworks, Inc. and the New Jersey Department of Labor and Workforce Development, and touched on topics of employment contracts and wrongful termination. The appellate panel discussed whether pyrotechnicians hired by the firework company to conduct firework displays were properly classified as independent contractors rather than employees under the New Jersey Unemployment Compensation Law.

Although employees at the firework company were initially deemed to be misclassified as independent contractors, the pyrotechnicians in question were given complete control over firework displays preformed offsite and outside of all places of business. Furthermore, the work was so infrequent that hired technicians were either full-time employees in other endeavors, or retired workers searching for seasonal work. As all qualifications of the ABC Independent Contractor test were met, the ruling was in favor of Garden State Fireworks, Inc.

Redefining Part C

Despite the favorable outcome for the fireworks company, the case put part C of the ABC Independent Contractor test into question. In reviewing previous cases, the New Jersey Supreme Court decided that the terms of part C should be defined on a case by case basis. Furthermore, the final clause of the independent contractor test varies by state, bringing more factors into play where independent contractors are concerned.

Ultimately, the use of the ABC Independent Contractor test is a fact-sensitive inquiry. Employers who hire employees as independent contractors that fail the test may be liable for unemployment compensation and disability benefits. In addition, an employer’s failure to satisfy the test with respect to its independent contractors can result in liability for unpaid wages and overtime.

ABOUT THE AUTHOR: Sidney Gold
Mr. Gold is the principal shareholder of the Pennsylvania & New Jersey employment law firm of Sidney L. Gold & Associates, P.C. in Philadelphia, which is a preeminent law firm in the field of employment law and civil rights litigation. His practice, as well as that of the law firm, is concentrated in the representation of both employees and employers in all aspects of employment-related litigation in Pennsylvania and New Jersey, including claims under federal and state anti-discrimination laws and federal civil rights laws

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More information from Sidney L. Gold & Associates, PC

Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations will differ and should be discussed with an expert and/or lawyer. For specific technical or legal advice on the information provided and related topics, please contact the author.

ZERO DEPRECIATION ON CAR INSURNACE

ZERO DEPRECIATION ON CAR INSURNACE

Friends,

I have seen many of my clients trying to save a few rupees when taking Car insurance.

They feel that since they have taken Comprehensive Car Insurance, everything is covered.

How wrong they are?

Comprehensive is a "misleading" word.

Yes. It does not cover DEPRECIATION!

HDFC ERGO explains ZERO DEPRECIATION COVER as...

ZERO DEPRECIATION CLAIM

The policy pays the full claim without any deduction for depreciation (excludes Tyres and Batteries) applicable on the own damage section. However, depreciation for parts excluded under India Motor Tariff is payable. 

Key Benefits

	Minimum “Out of Pocket Expenses”
	No Concern about categorization of parts

ZERO DEPRECIATION COVER  gives your CAR with  100% coverage for all parts irrespective of material, whether rubber, plastic or metal. This plays an important role when you replace bumpers, broken headlamps, Airbags, and any other plastic parts, etc.

Please watch this video

 http://youtu.be/TMLSEoJtayw

So, friends you are requested to take a ZERO DEPRECIATION CAR INSURANCE COVER whenever you are taking a Car Insurance policy.

Do contact your Insurance Advisor for more details.

And how much you are covered.

 A princely Rs.10 Lakhs. So, your family will get between Rs.10 Lakhs to Rs.25 Lakhs as Insurance in case of your death. 

Now, since you are 26 years, for the same Rs.10 Lakhs, if you take a PURE TERM PLAN, your premium would be only Rs.3010 in LIC (in Kotak it is far far lesser at Rs.1971 only). Even if you take the Term Plan in LIC, you are covered for Rs.10 Lakhs and saving Rs.33000 per annum. 

If the saved amount of Rs.33000 is invested in PPF/Long Term Bank FD your corpus would be Rs.25 Lakhs. 

If you invest the same Rs.33000 in Mutual Funds through SIPs, even assuming a very very conservative return of only 12% , you would still have a  huge kitty of Rs.46,81,000 and at a reasonable return of 15%, you would have a corpus of Rs.75 Lakhs. 

And, also this investment would be liquid and you can use at anytime you want. 

So, now, I think you are feeling Rs.25 Lakhs is meagre. 

Insurance is an expense, not an investment. Do NOT use Insurance as an avenue for investment - you are in the wrong lane. Treat it that way. Life insurance is there to protect your family from financial hardship in case you your no more.

Insurance companies and its agents are doing well mainly because of the ignorance of the policy buyers and policy holders. No wonder so many foreign companies want to enter India.  Avoid pension plans & endowment plans from insurance companies. An insurance policy will not create wealth.

LIC and its agents have brainwashed the Indian public for years that "you should get something back when you buy insurance". 

Taking a basic Term Insurance is the BEST Insurance. 

The day you understand IMPORTANCE OF TERM INSURANCE - you will be on the road to financial stability.

For pension - the trick is to create as big a corpus as possible before retirement. Once you have created a corpus, you can create pension anytime immediately by investing in immediate annuity.

It is a MYTH that only insurance companies can create pension.

It will be better if you start investing in diversified equity funds via SIP to create wealth. PPF can also play a small part initially and a greater part in the later years.

You can also Get free Life Insurance cover(No Mortality & Admin.

Charges) by investing in Mutual Funds of BIRLA,Reliance, BOI Axa & Kotak.

Birla Century Sip gives you a cover which will be equivalent to your market value of the units you have or 100 times your monthly sip whichever is less.

Under the Century SIP option, if the investor makes monthly SIP instalments, the insurance cover for the first year will be 10 times the SIP amount and in the second year it will go up to 50 times and 100 times from third year onwards, subject to a minimum SIP instalment of Rs 1000 and maximum cover of Rs 20 lakh per investor.   Among the Birla Funds you can consider Birla Sunlife Frontline Equity Fund, Birla sunlife Dividend Yield Fund and Birla Sunlife Equity Fund.

You can read in details here......http://goodfundsadvisor.blogspot.in/2011/09/normal-0-false-false-false.html

BOI Axa also offers Insurance similar to terms Birla is offering. 

Kotak Mutual Fund also offers Life Insurance Cover wherein in case of death of Parent, the fund will invest the Balance Sips in the name of the Child. Among Kotak Funds you can consider KOTAK K50 FUND.

Reliance Mutual Funds is also offering Free Life Insurance Cover through SIP Insure.

In Reliance SIP Insure, Reliance will pay the unpaid instalments of the future SIPs in the event of the death of the investor during the sip tenure.

Among Reliance Funds, you can consider RELIANCE GROWTH FUND AND RELIANCE EQUITY OPPORTUNITIES FUND.

In Birla, the Insurance Coverage will gradually Increase^^^^^^^^^

but in Reliance and Kotak, the Insurance Coverage will gradually decrease.

Ideally, one can take a sip in 1 Birla and 1 Reliance/Kotak, this way your Insurance Coverage will be more or less the same throughout.

Top 5 insurance for you

1. Long-Term Disability Insurance

The prospect of long-term disability is so frightening some people simply choose to ignore it. While we all hope that "nothing will happen to me," relying on hope to protect your future earning power is simply not a good idea. Instead, choose a disability policy that provides enough coverage to enable you to enjoy your current lifestyle even if you can no longer continue working.

Life Insurance
Life insurance protects the people that are financially dependent on you. If your parents, spouse, children or other loved ones would face financial hardship if you died, life insurance should be high on your list of required insurance policies. Think about how much you earn each year (and the number of years you plan to remain employed), and purchase a policy to replace that income in the event of your untimely demise. Factor in the cost of burial too, as the unexpected cost is a burden for many families. (For related reading, see: Life Insurance: Putting a Price on Peace of Mind.)

Health Insurance
The soaring cost of medical care is reason enough to make health insurance a necessity. Even a simple visit to the family doctor can result in a hefty bill. More serious injuries that result in a hospital stay can generate a bill that tops the price of a one-week stay at a luxury resort. Injuries that require surgery can quickly rack up five-figure costs. Although the cost of health insurance is a financial burden for just about everyone, the potential cost of not having coverage is much higher.

Homeowner's Insurance
Replacing your home is an expensive proposition. Having the right homeowner's insurance can make the process less difficult. When shopping for a policy, look for one that covers replacement of the structure and the contents, in addition to the cost of living somewhere else while your home is repaired.

Keep in mind the cost of rebuilding doesn't need to include the cost of the land, since you already own it. Depending on the age of your home and the amenities it contains, the cost to replace it could be more or less than the price you paid for it. To get an accurate estimate, find out how much local builders charge per square foot and multiply that number by the amount of space you will need to replace. Don't forget to factor in the cost of upgrades and special features. Also, be sure the policy covers the cost of any liability for injuries that might occur on your property.

Automobile Insurance
Some level of automobile insurance is required by law in most places. Even if you are not required to have it, and you are driving an old clunker that has been paid off for years, automobile insurance is something you shouldn't skip. If you are involved in an accident and someone is injured or their property is damaged, you may be subject to a lawsuit that could cost you everything you own. Accidents happen quickly and the results are often tragic. Having no automobile insurance or purchasing only the minimum required coverage saves you only a tiny amount of money, and puts everything else you own at risk.

Bonus Tip For Business Owners: In addition to the policies listed above, business owners need business insurance. Liability coverage in a litigation-happy society could be the difference between a long, prosperous endeavor and a trip to bankruptcy court.

Shop for Insurance Carefully
Insurance policies come in a variety of shapes and sizes and boast many different features, benefits and prices. Shop carefully, read the policies and talk to the agent to be certain you understand the coverage and the cost. Make sure the policies you purchase are adequate for your needs, and don't sign on the dotted line until you are happy with the purchase. (For related reading, see: Introduction

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Reasons to Buy Life Insurance and Types of Life Insurance

Reasons to Buy Life Insurance

The most obvious reason to buy life insurance is when you have clear insurable interests and want to be financially protected from a catastrophic accident. For example, you may have large debt obligations from student loans or a mortgage that you do not want to be passed on to someone else. You might also have a spouse or children who rely on your income, parties who could depend on insurance claims to survive if something unfortunate happened to you.



Insurance can have other features besides a death benefit, however, which means there might be other good reasons to buy a policy. Some policies provide support for certain medical problems, such as cancer or paralysis. Permanent life insurance policies can serve as tax-advantaged savings vehicles through the accumulation of cash value.

Federal law prohibits insurance providers from selling policies on the basis of their cash value, although this almost certainly happens. This does not mean it is always a bad idea to buy insurance for its possible cash value accumulation. In some circumstances, cash value might accumulate money at a faster rate than other investments with less risk and more favorable legal ramifications.





Types of Life Insurance
Insurance is typically divided into two categories: term and whole life. This undersells the diversity of insurance products available to consumers since there are many different kinds of term insurance and many different kinds of permanent insurance.





Term insurance is designed to cover a specific set of possible events over a defined period. For example, a level term life insurance policy might offer $200,000 worth of coverage over 20 years and cost $20 per month until the end of the term. A beneficiary is named on the policy, and he receives the $200,000 if the insured party dies or is critically injured. For a 25-year-old individual with little debt and no dependent family, this kind of term life insurance is often unnecessary.

Some term insurance policies allow a return of premiums, fewer fees, and expenses if the insured outlives the policy. This is called "return of premium" term insurance, and it tends to be more expensive than level term policies.

Decreasing term insurance is a useful option to cover a specific kind of financial liability, such as a mortgage. The face value of a decreasing term insurance policy declines over time, usually because the liability is expected to shrink over time, such as the mortgage being paid down. Even some individuals in their 20s can have insurable liabilities, which means there might be an argument for a decreasing term policy.


How Insurance Can Pay Off
A cash value that builds for decades can amount to hundreds of thousands of dollars in future tax-free income. This can be an important aspect of a comprehensive retirement plan, especially if you already plan on maxing out an IRA. This strategy only works if premiums are paid consistently; permanent life insurance policies lapse if the cash value gets too low, which leaves the policyholder without coverage.



Even if you cannot afford a permanent life insurance policy, most 20-somethings can receive very good term policies for very low costs, such as $200,000 to $300,000 in coverage for $15 to $20 a month in some cases. More importantly, some term policies can last for 20, 30 or 40 years; you could be covered at a very low cost throughout your entire working life.





Read more: Getting Life Insurance in Your 20s Pays Off | Investopedia https://www.investopedia.com/articles/personal-finance/100615/getting-life-insurance-your-20s-pays.asp#ixzz5GlMswMVW
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Getting Life Insurance in Your 20s Pays Off

Getting Life Insurance in Your 20s Pays Off

Most young Americans are not thinking about life insurance policies, but they should. Life insurance is the ultimate financial tool for those big "what if" moments. It can be useful even when the death benefit is not triggered, as long as it is used appropriately. Life insurance is not a panacea, and some younger Americans may not have the resources to devote to large policies. But it is a mistake to assume that only older couples with children and homes need life insurance.

All else being equal, it is always cheaper, and sometimes substantially less expensive, for a younger person to buy insurance than an older person. This means the potential benefits of insurance can be just as large and cost much less or may be much larger and cost about the same. Without other considerations, life insurance for a 22-year-old is a better proposition than life insurance for a 55-year-old.
Reasons to Buy Life Insurance
The most obvious reason to buy life insurance is when you have clear insurable interests and want to be financially protected from a catastrophic accident. For example, you may have large debt obligations from student loans or a mortgage that you do not want to be passed on to someone else. You might also have a spouse or children who rely on your income, parties who could depend on insurance claims to survive if something unfortunate happened to you.

Insurance can have other features besides a death benefit, however, which means there might be other good reasons to buy a policy. Some policies provide support for certain medical problems, such as cancer or paralysis. Permanent life insurance policies can serve as tax-advantaged savings vehicles through the accumulation of cash value.

Federal law prohibits insurance providers from selling policies on the basis of their cash value, although this almost certainly happens. This does not mean it is always a bad idea to buy insurance for its possible cash value accumulation. In some circumstances, cash value might accumulate money at a faster rate than other investments with less risk and more favorable legal ramifications.

Types of Life Insurance
Insurance is typically divided into two categories: term and whole life. This undersells the diversity of insurance products available to consumers since there are many different kinds of term insurance and many different kinds of permanent insurance.

Term insurance is designed to cover a specific set of possible events over a defined period. For example, a level term life insurance policy might offer $200,000 worth of coverage over 20 years and cost $20 per month until the end of the term. A beneficiary is named on the policy, and he receives the $200,000 if the insured party dies or is critically injured. For a 25-year-old individual with little debt and no dependent family, this kind of term life insurance is often unnecessary.

Some term insurance policies allow a return of premiums, fewer fees, and expenses if the insured outlives the policy. This is called "return of premium" term insurance, and it tends to be more expensive than level term policies.

Decreasing term insurance is a useful option to cover a specific kind of financial liability, such as a mortgage. The face value of a decreasing term insurance policy declines over time, usually because the liability is expected to shrink over time, such as the mortgage being paid down. Even some individuals in their 20s can have insurable liabilities, which means there might be an argument for a decreasing term policy.

Unlike term insurance, permanent life insurance offers more than just a death benefit. Permanent life insurance policies offer the chance to accumulate cash value, and cash value works better for people in their 20s than people in their 50s.

Different kinds of permanent life insurance include whole life, universal life, variable life and indexed universal life. The differences mostly center around how aggressively the policy's cash value grows; whole life insurance tends to be the safest and most conservative, and variable life insurance tends to be the riskiest and most aggressive.

Any type of permanent life insurance could pay off for an individual in his 20s, assuming he can afford the policy, which is often hundreds of dollars per month. The policy still offers a death benefit, but the cash value can be very useful even if the death benefit is not triggered for decades.




Read more: Getting Life Insurance in Your 20s Pays Off | Investopedia https://www.investopedia.com/articles/personal-finance/100615/getting-life-insurance-your-20s-pays.asp#ixzz5GZRm2hhu
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5 TopWays to Increase AdSense CPC for you

5 TopWays to Increase AdSense CPC for you

When you place AdSense blocks on your web pages and blogs, you get paid a percentage of what advertisers pay Google. Currently this is 68% of the bid price for that advert. So if somebody is paying Google $2 for every click on a specific advert for a specific keyword, then you get $1.36 every time a visitor to your site clicks on that advert if Google has placed it on your page.

What you have to do is to do

your best to maximize the CPC price, so that the adverts on your web pages and blog posts make you most money every time a visitor clicks on them. This involves getting Google to place the highest possible value adverts on your pages. You cannot decide the PPC of the published ads yourself – Google decides that based on several aspects of your web page/blog page/blog post.

There are two factors involved here: the CPC and CTR (Click Through Rate) – the latter is the ratio of visitors who actually click on an advert rather than just read the page content and ignore the ads. A high CTR is often better than a high CPC.

1. Get Quality Traffic

This is out #1 Tip on how to increase AdSense CPC. Many leave it till last or do not even mention it at all. It is my view that if your visitors are not properly focused on your niche, then they will not click on adverts appertaining to it. You must make sure that your traffic is seeking what you are advertising.

2. Do Your Research

The second tip on how to increase AdSense CPC is equally important. You must research your niche for the highest paying keywords. The way AdWords operates is that advertisers bid for keywords. The more they pay-per-click for a specific keyword, the higher in the Google SERPS their advert will appear. The niche is irrelevant – what is relevant is what each advertiser is willing to bid to get the #1 or even a Page #1 position for their advert on Google SERPS for that keyword.

Take What You Get: As stated earlier, you cannot choose what AdWords ads you want to appear in your AdSense blocks. Google decides that according to the relevance of your page to the keyword. You may be given adverts appearing on Page #1 of the SERPS or on page 20. The advert on Page #1 obvious costs a lot more per click than that on page 20 – so your 68% share is likewise larger.

Keyword Selection: That means you must also figure out what keywords you should use for the pages containing AdSense and the semantics you use on the page. Google uses an algorithm very similar to its LSI algorithm to establish the meaning of your page. The ads it places on that page or blog post will relate to the Google algorithm’s view of the content of that page. If you wish to target high-priced keywords, then select one and design the whole page around that.

AdSense SEO Basics: Your Title tag and Meta description should include the targeted keyword, as should the H1 header and at least one H2 heading. The vocabulary you use in your page content should relate semantically to the target keyword, and your image ‘alt’ attributes should also contain it. Where AdSense is concerned, classical SEO techniques definitely help to ensure you get the highest CPC ads included on the page.

Do your research, and establish the keywords targeted by the higher paying adverts – highest AdSense CPC. Optimize your web pages or blog posts for these keywords if you want to be given the highest CPC adverts for them. However, the content of your entire domain also matters.

3. The Entire Domain Counts

Google is not stupid, and will take the theme of your entire domain into account. You cannot publish pages on a wide variety of topics and expect to receive relevant ads on each. Google will look at the authority of your entire site and its relevance to the top-paying keywords. An authority site may be rewarded with the higher priced keywords because Google looks after its advertisers.

If your site is not regarded as being focused on a specific keyword, then you may be given the lower priced keywords – based upon the content of that one page rather than the overall authority of your website or blog in relation to the main target keyword.

So be realistic with your expectations of AdSense income, because Google will not award you the highest CPC adverts unless it is sure that your blog will offer its customers a good service that attracts high-quality clicks from visitors genuinely interested in the product or service they are advertising. One way to persuade Google to increase your average CPC is to persuade its algorithms that your domain is an authority on the specific keyword you target.

4.BalanceAdBlocks Numbers with Content Length

You are allowed three AdSense blocks on your page. However, do not use all three unless your content or blog posts are long enough to warrant it. Keep in mind what you have read above: Google apportions ads according to your content!

If your content is insufficient to give the Google algorithm enough information for your three ad blocks, then you may find your page containing irrelevant Adverts and even some public ads! These are general adverts irrelevant to your niche, and they will drastically reduce your average CPC. Many people get better results with just one ad block on short content pages, because all the ads will more focused on their topic and of a higher average CPC that if 2 or more blocks were published.

5.AnalyzeYour Ad Placement

You can place ads right at the top of your page, in the middle, at the bottom as a footer on every page or anywhere else you want. Google usually offers you the highest paid ads it is prepared to give you to the first slot loaded. Are you aware of the loading order of each element on your blog or website page? If not, check your source code (Ctrl+U) or concern with your theme developer.

The first AdSense block that appears in the source file will be the first that Google finds. That block will usually be given the highest CPC adverts, with lower CPC ads being provided in those blocks loading later.

Getting Life Insurance in Your 20s Pays Off

Most young Americans are not thinking about life insurance policies, but they should. Life insurance is the ultimate financial tool for those big "what if" moments. It can be useful even when the death benefit is not triggered, as long as it is used appropriately. Life insurance is not a panacea, and some younger Americans may not have the resources to devote to large policies. But it is a mistake to assume that only older couples with children and homes need life insurance.



All else being equal, it is always cheaper, and sometimes substantially less expensive, for a younger person to buy insurance than an older person. This means the potential benefits of insurance can be just as large and cost much less or may be much larger and cost about the same. Without other considerations, life insurance for a 22-year-old is a better proposition than life insurance for a 55-year-old.

Reasons to Buy Life Insurance
The most obvious reason to buy life insurance is when you have clear insurable interests and want to be financially protected from a catastrophic accident. For example, you may have large debt obligations from student loans or a mortgage that you do not want to be passed on to someone else. You might also have a spouse or children who rely on your income, parties who could depend on insurance claims to survive if something unfortunate happened to you.

Insurance can have other features besides a death benefit, however, which means there might be other good reasons to buy a policy. Some policies provide support for certain medical problems, such as cancer or paralysis. Permanent life insurance policies can serve as tax-advantaged savings vehicles through the accumulation of cash value.

Federal law prohibits insurance providers from selling policies on the basis of their cash value, although this almost certainly happens. This does not mean it is always a bad idea to buy insurance for its possible cash value accumulation. In some circumstances, cash value might accumulate money at a faster rate than other investments with less risk and more favorable legal ramifications.

Types of Life Insurance
Insurance is typically divided into two categories: term and whole life. This undersells the diversity of insurance products available to consumers since there are many different kinds of term insurance and many different kinds of permanent insurance.

Term insurance is designed to cover a specific set of possible events over a defined period. For example, a level term life insurance policy might offer $200,000 worth of coverage over 20 years and cost $20 per month until the end of the term. A beneficiary is named on the policy, and he receives the $200,000 if the insured party dies or is critically injured. For a 25-year-old individual with little debt and no dependent family, this kind of term life insurance is often unnecessary.

Some term insurance policies allow a return of premiums, fewer fees, and expenses if the insured outlives the policy. This is called "return of premium" term insurance, and it tends to be more expensive than level term policies.

Decreasing term insurance is a useful option to cover a specific kind of financial liability, such as a mortgage. The face value of a decreasing term insurance policy declines over time, usually because the liability is expected to shrink over time, such as the mortgage being paid down. Even some individuals in their 20s can have insurable liabilities, which means there might be an argument for a decreasing term policy.

Unlike term insurance, permanent life insurance offers more than just a death benefit. Permanent life insurance policies offer the chance to accumulate cash value, and cash value works better for people in their 20s than people in their 50s.

Different kinds of permanent life insurance include whole life, universal life, variable life and indexed universal life. The differences mostly center around how aggressively the policy's cash value grows; whole life insurance tends to be the safest and most conservative, and variable life insurance tends to be the riskiest and most aggressive.

Any type of permanent life insurance could pay off for an individual in his 20s, assuming he can afford the policy, which is often hundreds of dollars per month. The policy still offers a death benefit, but the cash value can be very useful even if the death benefit is not triggered for decades.



Read more: Getting Life Insurance in Your 20s Pays Off | Investopedia https://www.investopedia.com/articles/personal-finance/100615/getting-life-insurance-your-20s-pays.asp#ixzz5G9RdvAoU
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==

How Much Life Insurance Should You Carry?

How Much Life Insurance Should You Carry? By Andrew Beattie | Updated January 10, 2018 
Very few people enjoy thinking about the inevitability of death. Fewer yet take pleasure in the possibility of an accidental or early death. If there are people who depend on you and your income, however, it is one of those unpleasant things you have to consider. In this article, we'll approach the topic of life insurance in two ways: First we'll point out some of the misconceptions, then we'll look at how to evaluate how much and what type of life insurance you need.


Does Everyone Need Life Insurance?
Buying life insurance doesn't make sense for everyone. If you have no dependents and enough assets to cover your debts and the cost of dying (funeral, estate lawyer's fees, etc.), then it is an unnecessary cost for you. If you do have dependents and you have enough assets to provide for them after your death (investments, trusts, etc.), you still do not need life insurance.

However, if you have dependents (especially if you are the primary provider) or significant debts that outweigh your assets, you likely will need insurance to ensure your dependents are looked after if something happens to you.

One of the biggest myths aggressive life insurance agents perpetuate is "insurance is harder to qualify for as you age, so you better get it while you are young." To put it bluntly, insurance companies make money by betting on how long you will live. When you are young, your premiums will be relatively cheap. If you die suddenly and the company has to pay out, you were a bad bet. Fortunately, many young people survive to old age, paying higher and higher premiums as they age (the increased risk of them dying makes the odds less attractive).

Insurance is cheaper when you are young, but it is no easier to qualify for. The simple fact is insurance companies will want higher premiums to cover the odds on older people, but it is a very rare that an insurance company will refuse coverage to someone who is willing to pay the premiums for their risk category. That said, get insurance if you need it and when you need it. Do not get insurance because you are scared of not qualifying later in life. (For related reading, see: How old should you be to get life insurance?)

Is Life Insurance an Investment?
Many people see life insurance as an investment, but when compared to other investment vehicles, referring to insurance as an investment simply doesn't make sense. Certain types of life insurance are touted as vehicles for saving or investing money for retirement, commonly called cash-value policies. These are insurance policies in which you build up a pool of capital that gains interest. This interest accrues because the insurance company is investing that money for their benefit, much like banks, and are paying you a percentage for the use of your money.

However, if you were to take the money from the forced savings program and invest it in an index fund, you would likely see much better returns. For people who lack the discipline to invest regularly, a cash-value insurance policy may be beneficial. A disciplined investor, on the other hand, has no need for scraps from an insurance company's table. (For related reading, see: Is Life Insurance a Smart Investment?)

Alternatives to Life Insurance
If you are getting life insurance purely to cover debts and have no dependents, there is another way to go about it. Lending institutions have seen the profits of insurance companies and are getting in on the act. Credit card companies and banks offer insurance deductibles on your outstanding balances. Often this amounts to a few dollars a month and in the case of your death, the policy will pay that particular debt in full. If you opt for this coverage from a lending institution, make sure to subtract that debt from any calculations you are making for life insurance—being doubly insured is a needless cost.

The Bottom Line
If you need life insurance, it is important to know how much and what kind you need. Although generally renewable term insurance is sufficient for most people, you have to look at your own situation. If you choose to buy insurance through an agent, decide on what you'll need beforehand to avoid getting stuck with inadequate coverage or expensive coverage you don't need. As with investing, educating yourself is essential to making the right choice. (For related reading, see: Is Your Employer-Provided Life Insurance Enough?)

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Heath Insurance for you| All

Heath Insurance

Illness can strike any of us, young or old so health insurance is important to ensure peace of mind and bodily health. Health insurance will ensure that you receive compensation to the insured amount when you are sick or injured. Dhipaya's health insurance comprises three insurance plans including



UnitedHealthcare offers vision insurance in two different ways.
Combining your dental and vision insurance
By adding a vision insurance rider to your dental insurance plan3 you get access to vision care plan benefits like routine eye exams, allowances for prescription glasses and contacts and discounts on other vision services.

Buying standalone vision insurance plans
Vision insurance as a standalone plan4 has those same benefits and even more flexibility as you can choose a plan that covers glasses, contacts or both.

Vision insurance is designed to help you cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses and contact lenses.

Are you looking for vision insurance, or eye insurance? UnitedHealthcare offers vision plans underwritten by Golden Rule Insurance Company that feature:

Coverage for people of all ages2

No waiting periods
Saving through a national network of vision service and eyewear providers

Freedom to go out of network and still get benefits if you pay the difference between your plan allowance and your final cost

Solution for the Health Insurance Market

Is having health insurance a right or a privilege? Is having access to quality medical care a right or a privilege? The core issue of the health insurance discussion should be about the minimum of health care provided to all Americans. Health insurance is a mechanism of paying for this health care.

When it comes to each of us and our families, there is no doubt we want the best health care. And when it comes to our children, everyone agrees there should be health care. However, this is not the case under the American Health Care Act. The AHCA would allow for insurance companies to deny coverage for pre-existing conditions. The nonpartisan Kaiser Family Foundation
estimates that 27% of adults under age 65 have health conditions that would likely leave them uninsurable under practices that existed before the health care overhaul. Being insurable or uninsurable is a result of a roll of the dice. If you are lucky and have not yet had a medical issue, you win and have the privilege of purchasing health insurance.




Pre-Existing Conditions Reduce Health Insurance Opportunities
If you are not lucky and have some type of medical condition ranging from acne to cancer, you would not be able to get health insurance, or even if you were able to get it through the proposed high risk pools to be run by each state, there’s only enough money to insure anywhere from 5% to 30% of those who would need it and the premiums would be significantly higher. Prior versions of this bill were estimated by the Congressional Budget Office to lead to 24 million Americans losing coverage in the short term and 52 million by the year 2020. (For related reading, see: American Health Care Act aka "Trumpcare" Explained.)

The Affordable Care Act Is a Good Place to Start
The Affordable Care Act while not yet perfect, allowed us the peace of mind that our son would be able to purchase health insurance. The Affordable Care Act though is not truly affordable and does leave a number of Americans with coverage gaps. The Affordable Care Act is a starting point rather than an end point. As with anything, it is always easier to build upon something and improve upon it rather than continuously re-inventing the wheel.

We can all agree everyone should have access to emergency treatment. If we dial 911, an ambulance comes and the 911 operator does not first ask about our health insurance. And under the Emergency Medical Treatment and Active Labor Act of 1995, all hospitals are required to treat individuals regardless of insurance. This means we already have, by federal law, a starting point for all Americans to have healthcare

And in this country, we already a great public/private partnership between the federal government and private insurance companies that has been in place for decades. As far as I can recall, there has been no talk of repealing this program, only talk of improving this program. And this amazing program already covers 17% of Americans. All Americans either through age or disability will participate in this plan. And yes, this plan is Medicare




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Health Insurance What is 'Health Insurance'

Health Insurance

What is 'Health Insurance'
Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. It is often included in employer benefit packages as a means of enticing quality employees. The cost of health insurance premiums is deductible to the payer, and benefits received are tax-free.

BREAKING DOWN 'Health Insurance'
Health insurance can be tricky to navigate. Managed care insurance plans require policyholders to receive care from a network of designated health care providers for the highest level of coverage. If patients seek care outside the network, they must pay a higher
percentage of the cost. In some cases, the insurance company may even refuse payment outright for services obtained out of network. Many managed care plans require patients to choose a primary care physician who oversees the patient's care and makes recommendations about treatment. Insurance companies may also deny coverage for services that were obtained without preauthorization. In addition, insurers may refuse payment for name brand drugs if a generic version or comparable medication is available at a lower cost.


Insurance plans with higher out-of-pocket costs generally have smaller monthly premiums than plans with low deductibles. When shopping for plans, individuals must weigh the benefits of lower monthly costs against the potential risk of large out-of-pocket expenses in the case of a major illness or accident. Health insurance has many cousins, such as disability insurance, critical (catastrophic) illness insurance and long-term care (LTC) insurance.

Affordable Care Act
In 2010, President Barack Obama signed the Patient Protection and Affordable Care Act into law. It prohibits insurance companies from denying coverage to patients with pre-existing conditions and allows children to remain on their parents' insurance plan until they reach the age of 26. In participating states, the act also expanded Medicaid, a government program that provides medical care for individuals with very low incomes. In addition to these changes, the ACA established the federal Healthcare Marketplace. The marketplace helps individuals and businesses shop for quality insurance plans at affordable rates. Low-income individuals who sign up for insurance through the marketplace may qualify for subsidies to help bring down costs.

Americans are required to carry medical insurance that meets federally designated minimum standards or face a tax penalty. In certain cases, taxpayers may qualify for an exemption from the penalty if they were unable to obtain insurance due to financial hardship or other situations. Two public health insurance plans, Medicare and the Children's Health Insurance Program, target older individuals and children, respectively. Medicare also serves people with certain disabilities. The program is available to anyone age 65 or older. The CHIP plan has income limits and covers babies and children up to the age of 18.



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America's Health Insurance Plans

America’s Health Insurance Plans (AHIP) is a national political advocacy and trade association with about 1,300 member companies that sell health insurance coverage to more than 200 million Americans.[1][2] AHIP was formed through the merger of Health Insurance Association of America (HIAA) and American Association of Health Plans (AAHP).[3][4][5][6] AAHP was formed through a merger between two health maintenance organization (HMO) trade associations, Group Health Association of America and American Managed Care and Review Association.[citation needed] AHIP is a member of CAQH, a coalition of healthcare trade associations and health plans that aims to simplify healthcare administration.



The AHIP Center for Policy and Research is the trade association's research arm.[7] The center publishes research on a variety of forms of private health insurance, often based on survey data gathered from AHIP member companies. The forms of insurance studied include disability income and long-term care insurance as well as different types of medical expense insurance.

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Former AHIP President Karen M. Ignagni[8] frequently served as a spokesperson for the views of the insurance industry.[9] On September 27, 2007, she appeared on The Oprah Winfrey Show opposite Michael Moore, the director of Sicko, to discuss health insurance.[10]

On July 15, 2015 AHIP's Board of Directors unanimously elected Marilyn Tavenner as AHIP President and CEO.[11]

Health Care Reform

In December 2008, AHIP published its proposals for health care reform:

1. Soaring health care costs due to fraud and waste. It admitted that lower spending typically did mean lower quality. It urged that a public-private Advisory Group should be tasked with the job of restraining and reducing wasteful and unnecessary spending, changing the rewards structure to favor quality and outcomes rather than volume of work, and streamline administrative processes across the health care system.

2. Reforms should strive for higher value and reduce disparities in ethnic and other minorities by focusing on keeping people healthy and intervening earlier, It called for coordinated care for chronic conditions, and the setting of uniform standards for quality, reporting, and information technology. Also there should be more investment in research to better understand which treatments and therapies work best for both the nation as a whole and for specific patients and accountability for consistently delivered, high-quality care based on the best evidence. It advocated a national initiative to increase public awareness of the links between preventable conditions and chronic illness, and prevention programs in our schools, worksites, and communities.

3. All Americans should have affordable, portable coverage and that there should be an individual mandate requiring all Americans to have adequate insurance as a quid pro quo for insurance companies issuing policies with no pre-existing condition exclusions. There should be better tax equity between company plans and private market policies, and tax credits on a sliding scale basis for those earning less than 400 percent of the Federal Poverty Level (FPL). Small businesses should get assistance through the tax code and other measures to make premiums stable and encourage them to contribute to their employees' health insurance needs. It promoted an “Essential Benefits Plan” available nationwide, that providing coverage for prevention and wellness as well as acute and chronic care, and that is not subject to varying and conflicting state benefit mandates. The large group market (covering 160 million Americans) should be preserved. The new system should avoid the cost shifting that was inherent in the old system. Public programs should be strengthened supported such as Community Health Centers, SCHIP and the reformed system should prevent so called "Medical bankruptcies".

4. Regulatory reform. It said that the patchwork of federal and state regulations often hinder, rather than helps, efforts to improve care and contain costs. It therefore said that the federal government should create a streamlined and effective regulatory system and the states should enforce it. It said the states should continue to run SCHIP and Medicaid programs and that eligibility for Medicaid should be simplified to those on 100 percent of the federal poverty level without other conditions.

Travel Medical Insurance

Travel Medical Insurance protects you in the event of an illness or injury when traveling outside of your country of residence. It provides key medical benefits in case of an emergency.



Traveling abroad is an exciting experience, but unpredictable illnesses and accidents can happen. Even worse, the resulting medical bills can be overwhelming. The level of international medical coverage provided by your domestic insurance provider can vary greatly depending on your plan, so you may have very limited coverage or no coverage at all. A travel medical insurance plan can provide the coverage you need.



Travel medical coverage is ideal for:

Biggest difference: It focuses on emergency medical/evacuation vs trip cancellation coverages
With a travel medical plan, the focus is on emergency medical and evacuation costs.

If you are abroad and have an accident or become ill, it would cover medical costs for you. Emergency dental treatment is usually included and emergency transportation (ambulance, air lift) services are also covered.

Emergency medical evacuations will get you out of a remote area and transported to a place where you can receive proper medical care. If you are killed or die on your trip, the repatriation coverage will ensure your body is properly transported home or to a funeral home nearby.

Travel medical plans often include some Accidental Death and Dismemberment (AD&D) and/or term life benefits which are paid regardless of any coverage you may have back home for a covered injury. This coverage can fill out your life insurance benefits and provide extra coverage for you or your family in the case of a serious accident.

xamples of travelers that might buy it

Travelers like these should purchase travel medical insurance:

US Citizens going abroad. A typical health insurance plan doesn’t extend outside the U.S. borders, so if you’re traveling abroad, you’ll want travel medical coverage for accidental illnesses and injuries that occur outside your health insurance coverage zone.
Visitors to the US. When family members visit from abroad and stay a few days or even a year, they should have coverage for their stay.
Business travelers working overseas. If your health insurance plan doesn’t extend outside the U.S. (and most don’t), you’ll need some medical and evacuation coverage if you’re working overseas.
Expats and long-term travelers. Not only does your own health insurance (even Medicare) fail to cover you outside the U.S., if you are visiting multiple countries, you’ll want to ensure you have the same coverage no matter where you travel.
Missionaries and foreign aid workers. Just because you are traveling to make a difference in someone else’s life doesn’t mean something bad can’t happen to you. Be sure you are protected in case you have a medical emergency or need to be evacuated to safety.

BREAKING DOWN 'Mortgage'

BREAKING DOWN 'Mortgage'
In a residential mortgage, a home buyer pledges his or her house to the bank. The bank has a claim on the house should the home buyer default on paying the mortgage. In the case of a foreclosure, the bank may evict the home's tenants and sell the house, using the income from the sale to clear the mortgage debt.


Mortgages come in many forms. With a fixed-rate mortgage, the borrower pays the same interest rate for the life of the loan. Her monthly principal and interest payment never change from the first mortgage payment to the last. Most fixed-rate mortgages have a 15- or 30-year term. If market interest rates rise, the borrower’s payment does not change. If market interest rates drop significantly, the borrower may be able to secure that lower rate by refinancing the mortgage. A fixed-rate mortgage is also called a “traditional" mortgage.


With an adjustable-rate mortgage (ARM), the interest rate is fixed for an initial term, but then it fluctuates with market interest rates. The initial interest rate is often a below-market rate, which can make a mortgage seem more affordable than it really is. If interest rates increase later, the borrower may not be able to afford the higher monthly payments. Interest rates could also decrease, making an ARM less expensive. In either case, the monthly payments are unpredictable after the initial term.

Other less common types of mortgages, such as interest-only mortgages and payment-option ARMs, are best used by sophisticated borrowers. Many homeowners got into financial trouble with these types of mortgages during the housing bubble years.

When shopping for a mortgage, it is beneficial to use a mortgage calculator, as these tools can give you an idea of the interest rates for the mortgage you're considering. Mortgage calculators can also help you calculate the total cost of interest over the life of the mortgage.

[ Getting a mortgage is a how nearly everyone finances their newly bought home but accruing certain amounts of long-term debt doesn't mean you have to stop investing. Learn how to invest for the future, plan to create a conservative portfolio based on individual debt load and many other financial skills in Investopedia Academy's Personal Finance for Beginners course. ]



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What is travel health insurance?

What is travel health insurance?

EUROPE Travel Medical Insurance policies that fulfil Schengen Visa requirements

The concept of travel health insurance relates to covering up medical expenses in case an injury or unexpected sickness arises during one’s trip. In case you are wondering if one needs health insurance
when travelling to a foreign country depends deeply on the desired destination as well as the ability to personally cover any health care needs during the stay out in the certain foreign country.

However, travel insurance is a must for most people, especially the elderly, people who have predetermined medical conditions and are bound to constant therapy or most importantly if the traveler’s destination happens to be an underdeveloped region.

Apart from medical expenses, travel insurance is destined to cover different losses suffered during the trip, including one’s own country as well as internationally. Unexpected happenings like lost luggage, cancellation of your flight at the last moment, travel agency or accommodation bankruptcy will most definitely ruin your trip. Therefore, travel insurance policy is designed to provide also cancellation insurance by means of full or partial refund.

Whether you are travelling once or several times during a short period of time, the travel insurance policy will match and cover the exact number of the days spent in the international territory, in this case, the Schengen territory, the price ranging accordingly.



Who must purchase Schengen Travel Insurance for Europe?
Anyone travelling temporarily to Europe from a country that is subject to visa requirements, be it an individual visitors or group visitors, tourists, or business travelers.

The Schengen VISA Insurance policy can be purchased either online here for a very low cost or conventionally depending on the chosen company.

Who provides Schengen Travel Insurance?
First and foremost, the health insurance policy that one already possesses through the employment contract might cover international medical emergency expenses. However, there are usually limitations to this offer, therefore one shall be well aware of what to expect and what not to expect when having a medical issue in a Schengen territory.

Usually, travelers purchase an individual Schengen travel insurance policy for the days planned to spend in Europe (Schengen Area) at the rightful insurance/travel agency. Make sure the company you choose is licensed and accepted in the Schengen country you are planning to travel to. We recommend Mawista VISUM – It is very cheap and it is accepted by European Embassies and also you can cancel it for free of charge, subject to presentation of proof that a visa has been refused!

Helpful Tips about Europe Visa Insurance
As aforementioned, before purchasing another travel insurance policy for your upcoming travel to Europe make sure that the one you already have doesn’t cover or alleviate any international medical emergency costs.