A life insurance broker named Steve was always the top salesman for his company. In fact, he just completed his 8th straight year as the number 1 insurance agent when he decided it was time to hang ’em up and retire.

His best friend and partner James took him out for a drink one last time – on company time, of course. James asked, “Steve, you’re the best life insurance agent I’ve ever seen. For the past 8 years, you’ve been outselling everyone. And every time I ask how you do it, you never tell me. Now that you are retiring, let me in on your secret. How do you sell so many life insurance plans?”

Steve thought for a moment. “You know what, James, you’re right. I do have a secret to selling life insurance. I’ve kept it to myself for all these years. But now that I am retiring, I can’t think of a better person to keep it alive than you. So, I will tell you how I do it.”

James started to get more excited as the thought of having this wonderful knowledge coursed through his mind. He could hardly contain himself.

“Tell me, Steve. What is it? I’m dying to know.”

Steve took a sip from his drink and leaned back on his chair, scanning his surroundings to ensure that this top-secret data would not fall into enemy hands. He then leaned forward and began to speak.

“James, when you first start, you have to tell them about all the features and the benefits of the plan. Make sure you tell him – and always him – that it is his duty as the man of the house to protect his family. Doing otherwise would be considered a failure as a husband and as a father.”

James seemed unimpressed. “Everyone does that, Steve. You know that. That isn’t very insightful.”

Steve did not seem concerned with James’ protest. “Easy, relax. Just listen to me, and it will all become clear.” Steve took another sip while James sat both anxious and nervous.

“Now,” Steve continued, “during every presentation, I always suddenly stop my pitch and ask the client if he is feeling OK. Inevitably, he will always answer ‘yes’ to that question. When he does, I look at him in a strange way. And every so often, I will ask if there is anything I can do for him. Maybe get him a glass of water or if he wants a moment to himself.”

“Interesting approach” replied James. “How effective is it?”

Steve looked around and then looked James square in the eye. “To be honest, it rarely works. But, it’s the next step which always hooks them.”

James could no longer take it. “Steve, please tell me!”

Steve smiled. “I always say: ‘Please don’t let me scare you into making a rushed choice. Sleep on it tonight. IF you should wake up in the morning, please give me a call and let me know. I’ll by DYING to hear from you.”

Source by James Lister

Looking for Georgia homeowners insurance? Want to get the best rate with a top company? Here’s how …

Georgia Homeowners Insurance

In addition to a house fire, there are a number of other catastrophes that can cause you to lose your home in Georgia. Thanks to global climate changes, floods and hurricanes are occuring more frequently than ever before, and theft and vandalism are on the rise.

Georgia homeowners insurance can protect you from these events and more. Here’s what’s covered:

* Home structure – Home structure coverage pays to rebuild or repair your home when it’s destroyed or damaged by fire, theft, vandalism, or acts of nature. Most policies do not cover damage due to flooding or hurricanes, so if you live in a flood or hurricane zone you’ll need to get additional insurance.

The amount of insurance you need to cover your home is the amount of money it will cost to rebuild it. Ask a local builder or realtor what the square-foot building costs are in your area, then multiply that figure by your home’s square footage to get the amount of coverage you should have.

* Personal property – Personal property coverage pays to replace the contents of your home – furniture, appliances, electronics, tools, kitchen utensils, sporting equipment, clothing, jewelry, etc.

To estimate how much personal property coverage you need, take inventory of everything you and include each item’s value. The total value is the amount of coverage you should have. Some policies may not cover expensive items like jewelry, antiques, and certain type of collections, so you may have to get additional insurance for these items.

* Loss of use – Loss of use coverage pays for your meals, hotel bills, and other expenses when you’re forced to move out of your home, due to fire or other causes, while your home is being repaired.

* Liability – Liability coverage pays for medical expenses and damages when someone is hurt on your property. It also pays your legal bills if you’re sued.

Most people have $100,000 worth of liability coverage, but if you have a lot of assets you want to protect from a lawsuit you should get enough liability coverage to protect those assets.

Getting the Best Rate on Georgia Homeowners Insurance

Because homeowners insurance rates can vary by $1,000 or more from one company to the next, the best way to get the best rate on Georgia homeowners insurance is to comparison shop.

There are comparison websites where you can get quotes from a number of different companies. All you have to do is fill out a simple form with information about the type of insurance you want, wait for your quotes, then choose the best one.

Some of these sites offer information on how to save money on your insurance. They also feature online chat services where you can get answers to your insurance questions from an insurance expert. (See link below.)

Visit http://www.LowerRateQuotes.com/homeowners-insurance.html or click on the following link to get Georgia homeowners insurance quotes from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section.

Source by ryan@thesatellitetvguide.com

Florida, the sunshine state has come up with several health insurance policies that have the best coverage for you and your family. This coverage includes accidents, surgeries, dental insurances, periodic visit to the doctors, complete treatment plans etc. Florida health insurance coverage is provided by several companies as Celtic, Aetna and Blue Cross Blue Shield etc. These companies work out an exhaustive list of coverage schemes so that your family remains completely safe from the unseen. Health insurances have become an integral part of our lives because of the gigantic hospital bills- all produced during our days of illnesses and fight against the unwanted events of our lives.

Types of Health Insurance Coverage Provided In Florida

Florida companies basically have two types of coverage ideas on which they work. Indemnity plans and Managed Care Plans are the two types of coverage that most of the insurance companies deal with. Under Indemnity Plan it is upon the policy holder to decide which physician he wants to cover up. Whereas, in case of Managed Care Plans an exhaustive list of on panel hospitals are mentioned who’s treatment cost the insurance company covers up. Here to avail the benefits of cover up you have to undergo treatment in any one of the tie up hospitals only.

More about the Florida Health Insurance Coverage

Health insurance coverage include several schemes namely- Kids Plans, Individual Plans, Temporary Plans, Family Plans, etc. These insurance coverage works on all possible aspects of illness. And you become completely safe and secure due to it. Florida government works for the benefit of the people. You take the insurance directly from the company or else from the local agent or from online yet you will pay no extra charges or hidden costs. So it becomes easy and convenient for the customer to get insurance from the place he or she is comfortable with. Many online agents have come up in recent times who work for the convenience of the prospective policy holder at no extra charge. They display an exhaustive list of tie up insurance companies and do every work for you including providing quotes, to applying for policy on your behalf. Only- you need to visit the respective website which you will get by searching internet.

Source by Article Manager

Affordable health insurance is not a product offered by any company in Florida. It is, however, a concept or a criterion that can be followed to reduce health insurance costs, get maximum benefits, and enjoy financial security during medical care needs.

To achieve this target for affordable health insurance policy in Florida, some tips would be helpful:

•    Research the market

Researching the market is pretty necessary in order to get competitive prices. Apart from visiting agents or brokers, individual websites of insurers in Florida, it is okay to check some plans on some insurance portals and platforms. These portals/platforms also help in comparing different health insurance quotes.

•    Know your state laws

Before buying any health insurance policy, a consumer should get acquainted with the state laws of Florida. To know more about rules and regulations that govern the dynamics of health insurance industry in Florida, the Office of Insurance in Florida should be contacted.

•    Be careful leaving a plan

Remember that to exercise HIPAA rights, a consumer first has to exhaust all job-based coverage available, including COBRA, which allows the consumer to continue in its employer’s plan for 18 months by paying the full cost plus two percent. Later on, the consumer will have to apply for an individual health insurance policy within 63 days after your old coverage ends.

•    Get adequate benefits

Health insurance becomes affordable if it provides adequate benefits and optimal coverage. A consumer should make sure that any health insurance policy it buys should provide coverage for everything that is “medically necessary” for any health problem.

•    Look beyond the Premium

Usually, Floridians would count premiums as the only cost involved in a health insurance policy that needs to be taken care of. However, deductibles, copays, coinsurance are some other terms that a consumer needs to take care of before buying any health insurance policy.

Source by Shaun Mike

Mobile home insurance is required which has been fairly inexspensive -about $250.00 per year is what I was paying or $30.00 per month. It is similar to homeowner’s insurance, but it’s written specifically to meet the needs of owners of mobile homes.

Coverage for these kinds of claims and lawsuits is called liability coverage. Claims might include medical expenses, lost wages, pain and suffering, and even property damage. Coverage would typically include financial protection for the house, personal items, injuries incurred on other people for whom you are liable and additional living expenses. It also insures you while you are one the move. Coverages and benefits can vary dramatically from policy to policy and from company to company.

Homeowner’s policies are designed to provide financial protection in the event of damage to your home, such as fire, lightning or windstorm. Your policy will also protect your personal property, such as furniture that is damaged as a result of a fire, or the theft of electronic equipment.

Prices can be different from one company to another. The Insurance Information Institute recommends getting at least three price quotes on home owner insurance. Price too low and prospects doubt you’re any good and you lose credibility. But if you’re new to the market, how do you know where to position yourself for maximum results and success?

Shopping for mobile home insurance is slightly different than shopping for insurance on a stationary home. The best home insurance is the one that provides you with the most benefits policy-wise. Shopping for mobile home insurance is slightly different than shopping for insurance on a stationary home. Although the coverages are similar, there are a few differences.

Mobile home insurance is similar to homeowner’s insurance, but it’s written specifically to meet the needs of owners of mobile homes. Your policy covers your mobile home and its contents and offers personal liability protection. It is also available from the company and this is available with a range of benefits. For example, free continental travel cover is provided as part of the policy which means that a family can have peace of mind when travelling on the continent.

Mobile home insurance is often provided on an actual cash value basis, so significant depreciation can be a major concern for owners of mobile homes. The policy’s coverage extends to the mobile home’s equipment and accessories that were originally built into the structure.

Mobile home insurance is essential yet few mobile home owners actually take it out. If you think about it, you are leaving a home that you actually spend very little time in completely unguarded and vulnerable.

Source by Tsuyoshi E. Suzuki

Many people would never forgive themselves if they allowed something to happen to their family. For people who are uninsured this should be a serious concern, for people who are uninsured the cost of medical bills if a family member was to get injured can be unbearable. As a family member you want to do everything in your power to help your family, and when money is tight it is very difficult to follow through. Families come first. This is why so many people have become insured by Aetna family health insurance. Aetna has many insurance programs to fit your family’s needs whether you are just barely making ends meet or living the good life.

Health insurance is one thing that every person in a family needs in order to feel safe, and it is absolutely vital for people to be insured with the cost of medical procedures today. Many people get lucky and they or their spouse is insured through work, but for the millions of people who are not as lucky; there is Aetna family health insurance. The insurance rates basically depend on the type of coverage you are looking for, as well as the number of people in your family. When looking for family insurance there are two main types, individual and group. Through Aetna family health insurance you are offered both options. For most people there is a bigger tendency to lean towards family group insurance because it is less expensive than individual health insurance, which can become relatively affordable for families.

For example, what if you were the mother of a family of three and your only son tears his ACL during soccer practice and your family is uninsured. ACL tears can be very painful injuries not to mention that more than half of ACL tears require knee surgery and six months of recovery. If you are uninsured and this happens to your son the costs can be outrageous think about all of the expensive costs like the cost of the ambulance to bring him to the hospital, x-rays, any additional screening to see how bad the injury is, surgery, recovery, rehabilitation, not to mention the pain medication that is needed for such a serious injury. Just those costs alone can add up to a couple thousand dollars, and for those couple thousand dollars you spent on all of that you could have insured your family for a year, and to make it even better these costs would have been spread out throughout the year instead of all due at one time.

Injuries like the one above can seriously devastate a family’s income and sometimes as result choices are made. Insurance is not something that can be compromised, it is the right and humane thing to do in order to protect and keep your family safe. With Aetna family health insurance there is no excuse with their low rates and great quotes. Also Aetna family health insurance is willing to work with you and your family to find the best deal possible for your family.

Source by Ronnie Hamilton

The multi-state lawsuit striking at the heart of healthcare reform is very controversial. It would invalidate the individual mandate for people to buy insurance, which was intended to make it more affordable for those with pre-existing conditions. According to the suit’s backers, that provision violates the 10th Amendment of the Constitution, which they interpret as giving the states all powers not specifically assigned to the federal government in that document. The Obama administration, meanwhile, claims that the Commerce Clause in our founding document gives the federal government the power to regulate interstate commerce that has a direct impact nationwide.

The man primarily responsible for getting over 20 states to join his efforts is Bill McCollum. He is Florida’s attorney general and a Republican. McCollum is also facing a tough primary battle for the GOP nomination to become the Governor of Florida. His actions have helped to shore up his support among Tea Party members, many of whom will be voting in the primary.

Still, it has not been a smooth ride. McCollum has been the target of opposition by Democrats who feel that the lawsuit is a waste of time and money, since there is a very high chance that it will be upheld in the Supreme Court. With Florida already suffering from budget problems, some believe that the filing inappropriate and politically motivated.

Now there is even more controversy surrounding the health insurance plan reform lawsuit, this time involving its legal representation. McCollum hired David Rivkin of the law firm Baker & Hostetler to represent the states. As it turns out, Rivkin was McCollum’s former law partner!

Although the contract limits legal spending to $50,000 (split among the states involved), and McCollum defends it by claiming that Rivkin is being paid a reduced hourly fee, there is a possibility that the state could have received an even better deal. Some law firms may have even taken on the case pro bono, if their partners believed in the cause. However, the contract was never put up for bid, resulting in the potential for wasteful spending.

The leading Democratic candidate for governor, state Chief Financial Officer Alex Sink, has ran with this news and railed against McCollum for his so-called “sweetheart deal”. She considers the healthcare reform lawsuit a pointless distraction from the issues facing the state.

Will this hurt McCollum in the race for his party’s nomination for governor? He has largely become a hero among conservatives for his strong stance–which, if successful, may possibly lead to the repeal of the law. On the other hand, the hiring of a close business partner gives the appearance of impropriety and puts his credibility in question.

His primary opponent, Rick Scott, has so far ignored these allegations. He has largely attacked McCollum from the right, and also supports repeal. Scott also has his own tainted image to deal with: in the 1990s, hospital chain Columbia/HCA was accused of Medicare fraud when he was the CEO. That is another example of alleged misuse of government funds. Scott’s campaign may not want to be the pot calling the kettle black.

Source by Yamileth Medina

You’ve read about the pros and cons of investing your money in various ways. After reading extensively, are you still wondering if whole life insurance is a good investment? The answer isn’t as easy as you might think.

Sometimes whole life insurance offers an excellent investment opportunity, but not always. Whether or not it does depends on the age, health, and financial circumstances of the prospective policyholder. Furthermore, some policies offer better investment potential than others.

For example, if you are beginning a family after age 40, purchasing whole life insurance may be wise. The cost of the premiums may be comparable to those of term life policies at this age. Additionally, if you want to be insured for more than 20 years after your 40th birthday, term life premiums become expensive.

People who have had serious illnesses or chronic health problems may find term life insurance more expensive than whole life insurance. Some persons may even have difficulty qualifying for term life insurance. In contrast, most whole life insurances offer stable premiums throughout the duration of the policy.

If you have a large estate, you may benefit from creating an insurance trust with a whole life policy. This type of trust can be used to pay probate fees, inheritances taxes, and other estate-related expenses. Finally, most whole life insurance policies do not require beneficiaries to pay taxes on the payoff.

If you don’t intend to hold the policy for a long time, whole life insurance policies may not be a good investment. For example, if you want coverage for only 20 or 30 years, you may be better off choosing a term life policy. Often, whole life premiums do not cover the commissions and other expenses incurred by policy owners for at least 10 years.

If you want a short-term investment, consider purchasing a term policy instead. Invest the money that you would otherwise have spent on insurance premiums into a solid mutual fund or stock investment. Your capital will grow much more quickly if you invest it this way.

Whether you will find whole life insurance a good investment depends largely upon your personal circumstances. Determining whether this investment strategy will work for you, consult a financial planner or insurance specialist. These experts can help you make the right decision for your financial circumstances.

Source by Adam Hefner

American Family Life Assurance Company (AFLAC), one of the premier US insurance companies, has a host of accident and health insurance policies to cater to the needs of both individuals and employers. Founded in 1955 by three brothers – John, Paul, and Bill Amos, AFLAC quickly rose in popularity and clocked 6,426 policyholders and $388,000 in assets in its very first year of business.

Based in Columbus, Georgia, the modern AFLAC is a behemoth and has assets worth $56 billion and a massive clientele of over 40 million people across the globe.

Consistently making it to the Fortune 500 list of international insurance companies, AFLAS is also listed on the New York Stock Exchange (NYSE).

With the objective of providing quality, yet affordable, products to its customers and employers, AFLAC combines innovative strategic marketing with well-researched and quality products and services to offer the customers some of the most cost-effective and value-for-money insurance plans available in the market.

AFLAC works on the apt business motto: “AFLAC pays you cash when you get hurt and miss work.”

AFLAC provides varied insurance plans for individuals, employers, and business owners, covering:

–  Life
–  Accident/Disability

–  Short-term Disability
–  Dental
–  Vision
–  Cancer/Specified Disease
–  Specified Health Event
–  Long-term Care
–  Hospital Confinement Indemnity
–  Hospital Confinement Sickness Indemnity
–  Hospital Intensive Care
–  Investors
–  Brokers
–  Policy Holders
–  Benefits Managers

Besides providing several insurance plans, AFLAC also offers plenty of sales opportunities and corporate employment.

Vital Facts:

–  Assets worth $56,361 million as of 2006
–  Profit of $1,483 million in 2006, a whopping 14.2% increase from the figures in 2004
–  7,263 employees
–  Managerial operations in USA and Japan
–  Wholly owned subsidiaries in most US States
–  Ranks 476 in the Fortune Global 500 Rankings
–  Ranked 218 in the Forbes Magazine in 2006

AFLAC has separate management units in New York (US) and Japan. The management operations are carried out under CEO and Chairman, Daniel P. Amos.

Headquarter Address:
AFLAC Incorporated
Worldwide Headquarters
ATTN: Shareholder Services Department
1932 Wynnton Road
Columbus, Georgia 31999
USA
Phone: 706-323-3431

Source by Henry Funk

The construction of your new self-build property is an exciting time, watching your house being built from the foundation right up to roof level and completion.

A much less exciting, though absolutely vital aspect of self-build houses however, is the provision of proper levels of insurance cover. Your loan provider may insist on you obtaining adequate insurance cover before releasing the staged payments of your mortgage.

The insurance cover you need for your self-build house can be divided into various categories.

Public liability insurance provides you with insurance cover against the possibility that visitors to your new house site , whether invited or not, receive injuries to themselves or to their property whilst on your land and building site.

Without public liability insurance, which currently is not legally compulsory, you are exposed to the risk of being forced to personally pay any claim awarded against you. Having public liability insurance reduces your cost to just the excess on the policy, which is normally around one thousand euro. It also gives you peace of mind and allows you to concentrate on what you really want to do, which is build your own house.

As well as public liability cover for yourself, you should ensure that each of the building tradesmen and contractors employed by you are adequately insured and properly certified. If you have any doubts, ask to see the documentation relevant to this insurance.

The cost of public liability cover depends on the level of cover you need and the number of people working on your house building site. The level of cover varies but usually ranges between 1.5 million and 2.5 million euro.

Employers liability insurance protects you against claims being made against you by tradesmen working on your land or building site, even if the tradesmen or contractor is working for someone else. Employer’s liability insurance will protect you against possible negligence claims from both primary contractors and any subcontractors or tradesmen working on your new build house site.

Public liability insurance will not protect you against claims made by people working on your site so it is vital that you obtain employers liability insurance. Again, the loan company providing you with a mortgage for your new house may insist on the proper level of insurance cover.

Contract works insurance is a insurance policy for builders and may include cover against the loss of machinery, materials or tools by theft, fire or vandalism. An important aspect of contract works insurance is that it usually has provision to cover the loss or damage to machinery that is hired and brought onto the building site.

Personal Accident Cover is also important to minimise the monetary loss you may suffer if you are injured in an accident on site and unable to continue working for a period of time.

No matter how small the building project, you should treat the construction site as a professional workplace.

As well as having proper levels of insurance cover, you should reduce your risk of claims made against you by setting a high standard of safety from the very start of your house building project and demonstrating that you are committed to keeping that standard.

Make sure all the tradesmen and contractors employed by you are properly insured and certified. If you have any doubts, ask to see the documentation relevant to this insurance.

Minimise your exposure to insurance claims, from both building site workers and also from visitors to your new house site.

Make sure that the proper protective gear is worn by workers on your house building site at all times and that notices regarding site safety are prominently displayed on your site entrance and around the site. Move these safety signs around the building to reduce the chance of them being taken for granted and so that they will receive more attention from contractors and visitors to your site.

Do all you can to keep the site building tidy. Piles of broken bricks, loose cable and tubing and offcuts of wood should all be regularly removed and either stored safely or else disposed of. As with safety, if you set a high standard of tidyness, construction staff are more likely to follow your lead. If you allow your site to accumulate rubbish, the chances of an accident and a subsequent claim against you are increased.

This article is only intended as a basic general summary and you should always seek professional advice where necessary.

Source by Sean Roberts

Life Insurance policies are bought with an objective to cover financial loss should you lose a loved one who is the breadwinner of the family. You need to compare life insurance policies to make sure your family gets the best financial assistance in the event of crisis. Many policies are available, providing different types of life insurance cover, and choosing the best life insurance appropriate to your needs is very important. You may prefer cheap life insurance, or a large comprehensive package.
Life Insurance policy is an important financial instrument for the policy holder because this policy is meant to provide adequate cover to the individual. And in case of death of the policy holder the policy should be able to cover the loss of income. Broadly speaking, life insurance can be divided into term life and whole life policies. Term life policy offers pure life cover and the policy holder is payable only in case of his death during the effect of the policy. While whole life policies cover life and also offers investment opportunities. Here the policy holder is payable in both cases either he lives after the maturity of the policy or dies during the effect of the policy.

The members in the family who earn income actually need life insurance coverage the most. The first priority should be to have adequate coverage on them because the loss of income due to their death would have an adverse affect on the members of the family. After this need is handled cleverly, the consideration can then be given to the family. The question is whether there is any reason to provide coverage on other family members because the insurance costs money in the form of premium.

It is sometimes ideal to have life insurance when a family budget is very tight or there is only one member of the family who earns in the family. Because in the event of death of this person the life insurance cover may help the family to overcome the expenses that might have been difficult to cover otherwise.

Buying life insurance for children is not advisable; as we are aware life insurance is bought for those who are support to the others in financial terms. And for sure you are not dependent on the child’s earnings. But buying a policy for your child with an option to buy more insurance at a later age sometimes does make sense. This could provide protection to your child if required additional insurance in the later stage of life. Or it can help in case your child becomes uninsurable due to some unforeseen event. These needs can be best served by buying cheap term insurance for appropriate number of years.
After all the juggling, one important decision to make regarding life insurance is whom to choose your beneficiary. There are two types of beneficiaries, primary beneficiaries receive a portion or the whole policy benefit if they outlive you. Contingent beneficiaries receive proceeds if a primary beneficiary dies before you. You can nominate your spouse, domestic partner, children, relatives, friends, charities, businesses or trusts as your beneficiary.

At Policybazaar.com you can compare and buy any type of insurance policy related to Health Insurance, Car Insurance, Life Insurance and Travel Insurance. If any help require regarding to Insurance you can call to our call centre: 0124 457 67 77 and also see our Website:
http://www.policybazaar.com/life-insurance/life-insurance-india.aspx

Source by Chavi Singal

Are you self employed? Do you need health insurance plan that could suit your needs and still be affordable? Do you want to buy private health insurance because you are not employed and can’t avail group health insurance policy? All these questions would be answered in this article.

In Florida, self employed health insurance plans are quite popular. Such types of plans are offered to entrepreneurs, micro business owners, who are not able to avail group health insurance plans. Moreover, retirees can also be covered in this plan if they plan to start their own business, and so could be the consumers who want to leave their jobs and start their own business.

Tips for finding a suitable self employed health insurance plan in Florida

1.    Consumers in Florida needs to take note that in self employed health insurance plans there would be no contribution in the costs. All will need to be paid by the enrollee. So, consumers should shop around a bit to make sure they get the best prices from insurance companies.

2.    Consumers who are enjoying good health status can think about excluding regular medical expenses like annual check-ups, prescriptions, and dental care, etc. Such consumers should think to buy coverage for catastrophic or emergency medical needs.

3.    Getting a plan with higher deductibles is also a good option. If consumers don’t need regular medical care, this option should work best for them.

4.    It is highly advised to search for information and free quotes online. This gives the consumers a lot of options to choose from and lot of information to depend upon when the final decision is made.

5.    Because the enrollee would need to pay all the costs, it is highly imperative to understand the terms and conditions of any particular policy. If consumers are not sure what a particular clause means, they can contact the customer service department of the insurer or directly contact the insurance department of Florida.
Once consumers take care of these simple points, they will be able to buy very affordable self employed health insurance plans without much hassles.

Source by Shaun Mike

It is one of the most common questions home insurance agents receive. These tips should help clarify things and make it easier to choose the right one for you. So, how much of a deductible should you carry?

When choosing a how big of a home insurance deductible to carry consider three things.

1. How much can you comfortably afford, financially, out of cash reserves?
2. How much can you emotionally afford? (If it makes you nervous when it storms, it’s too high!)
3. How much are you saving for taking the extra risk?

For Example: A recent quote comparison for a $300,000 home showed it would be $156.00 a year less for the $1000 deductible. If you take the $156.00 savings and multiply it by eight years – which is the average in this area for home insurance claims – the savings would be $1248.00. If you need to file a claim $1248 – $500 = $748. You would still be ahead.

Carrying a higher deductible also discourages making too many smaller claims which can impact rates by loosing claims free discounts and making it difficult to switch carriers. However, once you go past a $1000 deductible, the point of diminishing return starts to apply and the savings is usually not worth the risk. You want to manage your risk wisely.

Carrying a higher deductible is a wise way to cut your insurance costs. It seems everyone is looking to save some money these days. Insurance companies know this too. It is why their marketing is so focused on saving money. You need to be careful. These companies know people will shop on price alone. In an effort to provide the lowest cost some will offer policies with coverage reduced and sneak in things like 2% wind hail deductibles. On a $300,000 home that is a $6,000 deductible!

Be careful fifteen minutes could save you fifteen percent and cost you a fortune if you suffer a loss.

Get quotes for each deductible and do the math. If you can recoup the savings in eight years or less choose the higher deductible. Raising your deductible is a good way to save.

Tim Peddycoart is an independent agent for The Insurance Specialists Team in Elk River, MN. http://www.Mn-Home-Insurance.com  He helps people lower their insurance costs, get better coverage, and shows them how to receive hassle free low cost insurance for life.

Source by Tim

If you need cheap life insurance quotes for you or your loved ones, you can find all of your life insurance needs on one site. You do not have to worry about finding different companies by calling them one at a time when you can type your information into a search, and find all the companies that can match your life insurance needs search. You want to make sure you are covered if something happens to you, so you should be sure to get the best plan that is suited to your needs, and income.

You can find the specific plans that are designed with families in mind. They make sure that the families will receive enough money to pay off all of the debts that are owed, so there is no struggling for them; they also make sure that they have a nice amount to give you a service. You service includes the funeral, and calling hours, etc. The companies want to make sure that your family is taken care of by making sure that they hold your plan to the highest.

There are various different plans you could choose from, as well as extras you can add to them. You do not have to choose just one plan with the bare minimal. You can choose an outstanding plan; add the extras, all at an affordable price. You can choose the plan, and the payment you get to pay every month, so you can be sure that you will be able to afford it.

The insurers want to make sure that you are getting a policy that you can afford to pay as well. This makes shopping for life insurance hassle free on your part. You cannot think that you do not need life insurance if you have a family, because things happen to people every day. It might not even be your fault. You can rest knowing that your life insurance policy did the rest after you are gone. You can keep yours and your family’s minds at ease knowing you are covered.

You search for life insurance quotes that fit your family’s needs right from home. The insurance plans are extended to cover major illnesses that may come up, so you can be sure you will still have life insurance if anything were to happen. Life insurers usually do not cover these costs if you get an illness that was not planned for, but you can add that to your plan so you do not have to worry about becoming sick.

Source by Neron Smith

NCB stands for ‘No Claim Bonus’. This is represented in %. It is a discount offered by insurance company upon renewal for not making any claim on the insurance. As a reward for being a safe driver, when you renew your policy, the insurance company gives this discount on your premium. Let us say you buy a car for the first time. You do not get any discount. Upon completion of first year (and you do not have any claim), the insurance company gives 20% discount on your first time renewal. During 2nd year, this discount goes up by 5%, 3rd year by another 10%, 4th year another 10% and finally during 5th year, it reaches the maximum of 50%. So, if you have not had any claim for 5 consecutive years, you can get 50% discount on the premium paid for the own damage portion (not the 3rd party liability part). To avail this bonus, you have to renew the policy in a timely manner, that is, within 90 days of expiry of your current policy. Also, if you get involved in an accident and make an insurance claim, the NCB% comes to 0% the next year. In other words, no discount is given if you make a claim. You need start earning from zero again. The NCB% enjoyed for one car is transferable to another car. Let us say, your car has become 8 years old and that you would like to sell your old car and buy a new car. You can apply the NCB% that you may have on your old car policy on your new car. NCB% is also transferable between insurance companies. So, if you have 35% NCB in your current insurance company, you can get the same % discount from another insurance company also should you decide to change your insurance company. Check the NCB% mentioned in your policy document today and work towards making it 50%.

Source by Easyinsurance India

Motor Trade Car Insurance
In the automotive industry, a motor trader is always searching for the best insurance for their money. A genuine insurance deal for most people would be the comfort of low premiums with effective coverage. Experts of the United Kingdom Motor Trade Insurance companies are invaluable and available to offer you such services. Motor Trade Car Insurance can provide a variety of options and excellent premiums.
A team of experts will validate and confirm any specific details of your particular needs prior to becoming a policyholder. Companies that are willing to grant you Motor Trade Car Insurance base your price estimates on certain criteria that best fits your situation. The insurance is a fully independent resource that guarantees the latest competitive insurance quotes.
These quotes are also available for classic or historic vehicles as well as collectible, sports or hot rod and performance cars. Although Motor Trade Car Insurance policies do not award coverage for the cars that are used for racing, pace making reliability or speed listing, they do reward Motor Trade safe drivers with special premiums. Cars may be used for social, domestic and pleasure purposes (including commuting), in addition to the connection with business or profession of the policyholder and authorized drivers. However, the policy does prohibit the connection with Motor Trade if the car is designated for soliciting of orders in renting out for the carriage of goods or passengers for hire or reward; to include such business trips. In essence, automobile insurance will remain applicable under the Motor Trade Insurance if these terms are met.
Under the Motor Trader Car Insurance policy, quotes are generally based on the following criteria. The potential insured must be between the ages of 21- 70 years old. The candidate must have resided in the United Kingdom for more than one year. The policyholder must have owned a United Kingdom driver’s license for more than one year without any convictions or charges of a criminal offense. The insured cannot have any motoring claims or convictions within the last five years to include Motor Insurance cancellations. All potential policyholders must not be involved in importing or exporting vehicles. In addition, you or your Motor Trade business cannot specialize in selling, repairing, servicing or restoring any of your cars. These vehicles may include sports or high performance cars, veteran, vintage or classic cars or light commercial vehicles. Also, to be authorized as a Motor Car Insurance policyholder, no vehicle that is owned by you or your business has been labeled disabled. Furthermore, no vehicle that is in the possession of you or your business can be leased.
These policies are tailored for individual or firms operating in the Motor Trade industry who are in the need of a genuine insurance coverage to protect their personal or business vehicles. These vehicles are authorized to be used on the public roads or parked at the home or trade premises. The insurance allows drivers to operate any motor vehicle under the provisions of the Motor Trade insurance policy. This includes permanently owned vehicles that are specifically used for social, domestic and pleasure purposes only.

Source by Jason Markham

Critical illness insurance may appear in different forms. Let’s have a look at acceleration benefit and standalone benefit rider.

Acceleration benefit
Acceleration benefit can be in most of the case life insurance related critical illness. This type of policy may award full or part of the total sum insured in the event that a critical illness occurs. The critical illness sum insured may then be paid out as a tax free lump sum. The value of the critical illness benefit may be given as part of the life sum insured. It can usually be the whole life sum insured or around 50 percent but any other rate can be fixed at the start of the policy. When the sum had been paid due to critical illness, the total sum may be reduced by the amount paid. As a matter of fact, the premium rates may also decrease.

In this connection, there may be other flavours of acceleration benefits. This may heavily depend on insurance companies and how they design their products. For example, there may be life insurance policies which may automatically include critical illness cover. Other product designs may have critical illness cover combined to life rider under a main policy. Therefore, in the event of critical illness, a prepayment may be made on the life rider and the main policy may be kept ongoing. For example an endowment policy combined with a life and critical illness rider. Should a critical illness occur, a sum may be paid on the life rider while the endowment policy may remain in force.

Standalone benefit rider
The standalone benefit rider may provide a benefit or lump sum in the event that a critical illness occurs. In contrast with acceleration benefit, the sum insured on the main policy may be left unchanged. It can also be possible to receive the critical illness payout in three to five installments. For this cover, the insured person may be required to stay alive for a short period of time. This can be called the survival period and the waiting time may be around two weeks after which the critical illness benefit may be awarded.

Moreover, critical illness cover products may still be offered as a prepayment benefit around the world nowadays. Especially, critical illness cover may be joined with life, term or endowment insurances. The diseases that a critical illness insurance covers may be the most common causes of death. Therefore, the idea of a prepayment can mean that it is a form of benefit that may be paid at a later moment. Another advantage of prepayment can be that while a payment is made due to critical illness the main policy may be decreased by a similar amount. This can be important in regards with endowment or whole life policies where sufficient funds may remain until the duration of the policy. For example, if half of the total sum for a life insurance is not paid, the insured person may still have life insurance after a critical illness claim is paid.

Prepayment can therefore be a wise option to have on a critical illness cover. The complexity of critical illness cover may demand a lot of attention especially when you are going to be a first time buyer.

Source by Mike Armstrong

As Citizens, Florida’s state run insurance group, is now covering over one million homes throughout the greater Florida area the Florida government is looking at passing off some of the contracts currently held by Citizens to private organizations in order to minimize the state’s financial risks and provide what they hope to be better care to Florida citizens by privatizing insurance needs. This means that tens of thousands of homes will be sent to private insurance provider organizations each year as Citizens changes its coverage areas and scope of operations.

One such group that will receive 30,000 policies in December of this year out of a total 60,000 it has been allotted all together is Homeowner’s Choice, a major Florida insurance company for homeowner insurance and other insurance coverage. Although Homeowner’s Choice is not the only private insurance organization to receive contracts from Citizens it is one of the largest ones in receiving a substantial number of contracts in the near future. This means that throughout the greater Florida area 60,000 homeowners will see a policy shift in the coming months if they are currently members of the Citizens insurance group.

This could mean potential policy changes or premium changes for these individuals who may see their policy shift, so keep an eye out for any changes that might occur in your area. If you are a Florida citizen who is currently relying upon Citizens for your home insurance and are concerned about this change and want to take control of your home insurance by yourself you can do so in a number of ways, the simplest of which is searching online at specialized home insurance search engines that can provide you with local listings for both companies and quotes on monthly costs for your particular needs. Doing an online search to see what what is available out there on a regular basis can help to keep you informed and possibly save money each month by finding offers and deals you may not know about otherwise if do not check. Remember that information is power and keeping up to speed is the key to both saving money and ensuring you’re prepared for the worst.

If you’re stuck and need some help finding good information online try using Ezquoteguide.com for finding the right local insurance information you need right away to help you fulfill your insurance needs.

Source by Marcel A Johnson

Advertising plays a very important role in modern business. Due to excessive specialization, mass production and competition, advertising has become an indispensable activity in business. It is growing as a backbone of modern national and international marketing. When life insurance is being talked of, it is one of the hottest picks in the insurance industry. Keeping this in view, insurance companies try to pull crowd towards life insurance, and go for different advertisement techniques to attract people.

Life insurance Advertising companies are employing every new mean to advertise themselves. The most obvious but expensive forms of advertising being employed by them is the television. A huge number of people are glued to the television, so insurance companies target this medium on a prime basis. They build distinct advertisements that arrest the attraction of the viewers, thus putting a mark on them about the importance of life insurance and what they have to offer. TV advertisements are very effective since target audience both see and listen to what is being told at the same time.

Advertising about life insurance in local newspapers is also a very effective way to advertise and market the agency, since the companies try to build brand name recognition for themselves. The online version of the Wall Street Journal has over 4.5 million visitors, having a catchy insurance advertisement there will definitely pull a big crowd. Life insurance companies also understand that local audience and a family type atmosphere is a great way for advertising insurance business. So, these firms play their advertisements in movie halls when people are out with their family to watch a film, typically coming up when viewers are sitting in their seats waiting for the movie to start.

Life insurance companies are also finding different innovative ways of advertising their brand. They are distributing newsletters so as to reach target customers in person. These firms are also advertising life insurance through their business stationary and supplies. They distribute stuffs like pens, paperweights, calenders etc with their names embarked on the stuffs. Online advertisements on popular web portals is also being employed by these firms. Along with publicizing their brand names, the life insurance companies also keep reminding people about the importance of getting life insurance.

Source by alina