I have been dancing around the Be your own banker concept for the last month or so. I finally figured out what I have never liked about whole life insurance. People use it for life insurance.
Let me tell you a story about myself and my wife. Were in our late 50s and we have a house and several rental houses that are mortgaged for far longer than they should be. We have about $100k in an IRA that, to be blunt, hasnt gained squat in several years. I make good money but most of it goes into paying off a lot of debt fairly slowly. I have a little covey of loans and credit card debt that is really money hungry and if I keep picking away at it the way I am it might never get paid off.
Read all post…
November 17th is the Great American Smokeout, where people come to together to urge smokers to quit their habit because of the severe health effects it has on our bodies, as well as the people around us. The known health risks keep piling up, but cigarette smokers continue to light up due to its addictive qualities. Not only are smokers putting their health at risk but they may be facing higher health insurance and term life insurance quotes.
According to the article The Value of Not Smoking by Aaron Cave found on Money.MSN.com, a smoker in New York could save approximately $3325 a year. This amount of money could purchase a quality life insurance policy for up to $2 million dollars. Q
Read all post…
In the modern day world you may never know when you will face an issue that can cause you to lose a huge amount of money in lawsuits. This is where the need for general liability insurance becomes clear as it protects your company’s assets in the best way when you have to face a lawsuit against a damage caused to a person in terms of property damage or an injury. You can attain it independently or as a part of Business Owners Policy too. Property and liability insurance are combined in a business owners policy however the coverage limits by liability insurance is quite low. T Read all post…
Toyota’s 2010 recall of over 5 million vehicles came as a surprise to many. However, according to Businessweek’s Ed Wallace, much of the shock and awe of the Toyota story was perpetuated by media sources.
When the story first broke, the words unintended acceleration struck fear in many Toyota owners worldwide. As with many major stories, the scandal sparked what Wallace refers to as a “media firestorm.”
The public was bombarded with “harrowing” stories on a daily basis, Wallace says. Portrayals of drivers in “runaway” cars that accelerated uncontrollably were suddenly being reported on by reputable news sources.
Read all post…
There is so much to consider when shopping for life insurance - which type of life insurance would suit your needs, which companies to consider and how much to pay. Comparing life insurance quotes is one of the most important pieces of the puzzle. When comparing quotes, you’ll have the opportunity to consider multiple carriers, types of policies and price points. In other words, you need to do your homework.
Comparing Life Insurance Quotes
Policy Term
Deciding upon a term is one of the first things to consider when shopping for and comparing life insurance quotes. The term of a policy, as the name suggests, is the amount of time for which you will be covered. Term
Read all post…
Landlord insurance clients need to be on the alert for property fraudsters trying to make a profit at everyone else’s expense. A financial advisor has been jailed by Leeds Crown Court for five years for attempting to defraud financial institutions out of £3m. She used fake identities to rent properties and then applied for loans, including cash advances. She made sure she used addresses with no loans charged on them and she even attempted to sell some properties without the real owners’ knowledge. The prosecutor said “This is sophisticated, repeated and professional offending by a defendant adept at using disguise and subterfuge”.
Identity theft is a massive problem and property owners can find themselves involved in enormous inconvenience if they fall foul of it. Have you
Read all post…
Millions of people use social networking websites such as Facebook and Twitter. Most people do not think twice about the consequences of posting personal information and photographs of themselves online. Now drivers may want to think about keeping their online profiles private because their auto insurance coverage provider may use that information against them.
We all know that auto insurance companies set a person’s monthly premiums based on the amount of risk that they bring to the situation. Many people have clean driving records but they act irresponsibly. It is important for auto insurance companies to be able to have an accurate picture of how responsible their policy holders are. F
Read all post…
Bolstered by millions of dollars of aid from Washington, California managed to hold its healthcare safety nets together last year despite the fallout from the recession. Now, however, with emergency federal aid schedule to end this year, it is unclear how much longer California’s financially strained government will be able to head off cutbacks. Driven by poverty and expanded eligibility, enrollment in Med-Cal. The Medi-Cal programs is jointly funded by federal and state governments using a complex formula that varies from state to state.
The Medi-Cal expansion – coupled with growth in the Healthy Families program for children in low to moderate-income families provided much-needed coverage and peace of mind to families while they looked for jobs and struggled to pay the bills.
Read all post…