Want Pure Protection At A Reasonable Price? Choose Term Life Insurance April 20, 2008
Posted by Vedis in : Insurance , 1 comment so far
No doubt, whole life insurance provides cash value that can be used to achieve multiple goals in your financial plan. But hubby and I still prefer term life insurance to whole life insurance.
Cash value life insurance is not a good investment vehicle, and it should never be considered as an investment. Investments in unit trusts or mutual funds yield higher returns if compared to cash value life insurance.
If you just want pure protection at a reasonable price, then choose term life insurance. Once you decide on the death benefit amount that you need, and the length of time that you want coverage, choose the policy with the lowest premium by getting at least three insurance quotes online.
Buying Tips For Health Insurance April 5, 2008
Posted by Vedis in : Insurance , add a commentIn this day and time, not having health insurance might one day lead to the decimation of lifetime savings. Many people receive health insurance through their employers and usually have a few choices between plans, such as an HMO or PPO.
If you are self-employed, you might need to purchase a health plan on your own. It is very important to compare the costs and the benefits of the health insurance policy carefully when you are ready to choose your health insurance.
Always consider your current health care needs and medical expenses, medical needs and expenses of your family members, and medical services that are most important to you.
Sell My Endowment Market Pays You Up To 35% More Than Your Surrender Value March 28, 2008
Posted by Vedis in : Insurance , add a commentThe endowment insurance policy requires larger than normal premium payments because the premium payments are invested and during the duration of the policy continue to build cash value. The cash value continues to grow until a specified maturity date when the entire cash value is paid to the policy holders.
If the policy holders should happen to die during the life of the policy, the final value of the endowment, or the target value that would have been paid at maturity, is paid as a death benefit to the policy holders’ beneficiary.
However, majority of policyholders never wait until maturity for cashing in endowments and surrender them. Instead of selling the endowment policies to insurance companies that pay the endowment policy surrender values less than the market value, many people turn to traded endowment market at http://www.endowmentexpress.co.uk.
This Sell my endowment market exists because over 100,000 people each year decide to sell their endowment policies or surrender endowments. The traded endowment market is made possible by the fact that surrender values offered by insurance companies are often so much less than the maturity values.
The buyer at the traded endowment market can pay up to 35% more than your surrender value in order to assume the premium payments and beneficiary rights of the policy. The purchaser’s investment will be recouped when the endowment reaches maturity.
Find A Good Personal Injury Attorney March 11, 2008
Posted by Vedis in : Insurance , add a commentPoor hubby ! I had to wake him up from his slumber land. Our buddy who had an accident a few weeks ago needed his help.
I remember hubby told me about his case. It involved a bus on a country road. The bus driver overtook his motorcycle on a double lane, just as a car was coming from the opposite direction. Our buddy sounded his horn and the bus driver braked abruptly. He hit the bus from behind.
Though he was seriously injured, his will power was so strong that he was discharged from the hospital after a few weeks. According to doctor, he was predicted to stay in the hospital for some time.
During his stay at the hospital, his wife tried to find one of the best Injury Lawyers in Omaha to represent him to claim damages for the injuries and property damage sustained in the accident. She was approached by the insurance company to accept the personal injury settlements.
Fortunately, she turned down the personal injury compensation offered. Thanks to her buddy who advised her in advance that she must wait until she hired a personal injury lawyer to discuss the amount of the settlements.
Insurance Agents Use Insurance Marketing Services To Achieve Income Goals December 3, 2007
Posted by Vedis in : Insurance , add a commentAfter years of being a mediocre insurance agent, my brother-in-law decided to seriously learn Insurance Marketing tips, strategies, and secrets for insurance agents.
Though he had invested hard earned dollars for insurance marketing 2 years ago and got nothing in return, he still wanted to give insurance marketing a try. Effective insurance marketing services can help insurance agents to achieve all of their income goals. (more…)
Get The Latest Life Insurance Quote For Hubby November 24, 2007
Posted by Vedis in : Insurance , add a comment“Life insurance helps ensure your financial needs are met, even after you’re gone. Life Insurance is priced based on your health, family history and goals…...” When do I hear this ? During the end of the year when my insurance agent is fighting for his target.
My insurance agent came this morning, trying to persuade me to get the latest life insurance quote for my hubby. He found out that hubby is involved in business soon, so there is business possibility for him too.
If given a choice, I think hubby would prefer term life insurance which is a shorter term cover that provides protection for a limited period, such as fifteen years. This is a popular form of life insurance, and is the cheaper option for those on a budget.
Borrow Against Your Life Insurance October 27, 2007
Posted by Vedis in : Insurance , add a commentHubby and I have life insurance policies with a cash value, therefore we borrowed against the policies 2 years ago.
Yes, we’re borrowing our own money. But the interest rate is typically well below commercial rates, and we can take our time repaying the loan. Do repay it, though. If we die before it’s repaid, the outstanding balance plus interest will be deducted from the face value of the policy payable to the beneficiary.
As a negative, that seems a small price to pay to get out of debt now, but it could be burdensome to our family or loved ones should we sleep the eternal sleep before paying it back.
Compare UK Cheap Van Insurance Quotes To Save Money October 24, 2007
Posted by Vedis in : Insurance , add a commentLast month, we had our car insurance renewed. Honestly, I thought we would be entitled to cheaper insurance this year. Too bad that we only managed to get 40% off for our car insurance even though hubby has very good driving record.
According to our insurance agent, it was actually the cheapest insurance rate in the market. It’s silly that hubby and I didn’t do the comparisons ourselves online. If we had compared quotes like our buddy did before we renewed our car insurance, we would have got cheaper car insurance.
Our buddy spent some time comparing UK Cheap Van Insurance quotes because he has more than 10 vans for his retailing business. For him,”A Penny Saved Is A Penny Earned“.
So, we must compare our car insurance quotes next year wisely. No more silly decision on car insurance.
Compare Car Insurance To Save Money October 17, 2007
Posted by Vedis in : Insurance , add a commentWhenever hubby and I pass by some Orang Asli (Original Peoples) homes on the way down to Ipoh, we envy their lives. No credit card debts, no home loans, no car loans and no insurance policies to worry about.
How we wish we could be like them, leading carefree lives ! Besides credit cards, car loan and home loan, we are still tied down with home insurance, car insurance and life insurance. Insurance is a must-have for us to safeguard our family or the loved ones.
Fortunately, we paid less for our car insurance this year, roughly 40% off. So far, we haven’t mad any major claims and hubby has very clean driving record. Though we paid less than last year, I still found it exorbitant ….:d Hubby and I did compare car insurance policies available on the market in the hope of paying less premiums.
No Medical Exam Life Insurance October 17, 2007
Posted by Vedis in : Insurance , add a commentI used to think that buying insurance was very troublesome as I had to fork out my precious time to go for medical checkup. The medical checkup was for the purpose of buying life insurance. Well, it was long long time ago.
Now, we have no medical exam life insurance policies that save us time. I supposed when I bought my life insurance from my brother-in-law 5 years ago, I no longer needed to go through medical checkup to buy life insurance.
As my brother-in-law is an insurance agent, he will make sure that we have enough insurance coverage should there be any untoward incidents occur. Life is unpredictable ! To safeguard ourselves and the sake of family members, we must get insurance, be it life insurance, term insurance, health insurance, home insurance or car insurance.
Even my mom who is more than 60 years old now bought her Senior Life insurance many years ago. According to her, she doesn’t want to trouble us, especially related to money matters and health care issue. What a wonderful mom I have !
