Why Long Term Disability Insurance Is Important Long term insurance is mainly intended to protect the impact of a possible disability through a much longer period of time. The insurance company has to cover a percentage of the monthly salary for a much longer period of time, when you qualify as a disable individual.As with various types of insurance, there are multiple factors that will affect and change the terms of this...more
Why long term disability insurance is required? Long term disability insurance companies provide you with wider scope of benefits ad options. This insurance plays a bigger role in case of policyholders and investors, who plan to work together along with the company to achieve their financial objectives.By opting for long term protection, the clients are able to focus more on investing on themselves rather than being assured that...more
Drinking Too Much Alcohol Affects Your Life Insurance Rate Does the amount of alcohol you drink affect your life insurance rates? While life insurance companies may not be primarily concerned with how much alcohol you drink, they are definitely concerned about any adverse effects your drinking may have on your health. Heavy drinking as a lifestyle may lead to chronic health concerns such as heart disease, stroke, depression, dementia, liver and gastrointestinal problems.Because the amount of alcohol you consume may have bearing on your health and longevity, life insurance companies are interested in this aspect of your life. Most companies would not hesitate to increase your life insurance rates if you are a heavy drinker. In fact, according to the underwriting practices of some life insurance companies, drinking two drinks a day may disqualify you from the "preferred" category. Drinking four or more drinks a day may disqualify you from "standard" life insurance rates.If you already have a history of alcohol abuse, and you have attended Alcoholic Anonymous meetings or have had a DUI on your driving record, this could lead to much higher life insurance rates....more
Exercise Improves Your Health and Your Life Insurance Rate Life insurance companies are basically gambling against your death. The more risk factors you have for an early death, the higher your premiums will be. There are certain pre-determined risk types that you will fall under depending on the condition of your health. If your...more
Obesity and Life Insurance Being overweight is usually a cause of concern when applying for a life insurance policy. Some people who have challenging health issues related to being overweight think they cannot get any insurance at all and therefore, may not even try applying for life insurance coverage. Some have tried and have been...more
Reduce your Life Insurance Rate by Paying Premium Annually vs. Monthly Looking out for ways to reduce your life insurance rates? Most people know that the following tips can help to reduce your life insurance premiums:Keeping healthy by eating a balanced diet and engaging in regular exercise.Purchasing a life insurance policy early on in life. The younger you are the lesser the premiums.Don't smoke or quit smoking.Accurately calculate the amount of coverage you need. Don't purchase less or more coverage than you have to. Review your insurance coverage at every major stage in life.Shop around for the best life insurance policy—a reputable online insurance quote provider can provide you with instantaneous quotes for a comparative study.Another way you can save on premium payments is by making annual payments. Most life insurance companies offer several payment options. You can pay monthly, annually or even quarterly or semi-annually. However, life insurance consumers may not know that by paying your premiums, other than annually, you may incur interest or what may be termed as penalty fees This interest is called the Annual Percentage Rate or APR. The APR varies from...more
Who can be a Life Insurance Beneficiary? It is fairly obvious that your life insurance policy should name a beneficiary since the sole purpose of a policy is to ensure that your loved ones will be financially supported after your...more
Wilkinson injury scare for England Jonny Wilkinson was at the centre of an injury scare Monday as England gathered for the first time ahead of their autumn international Test series.The Toulon fly-half will undergo a scan on Tuesday...more
Calgary Life Insurance- Various Features Explained Calgary life insurance provides an option for saving cash so that you can use that money for you and your family's future. By getting this insurance, you secure your family's future...more
Tariq Aziz Will Be Hanged to Loss of life and then Decapitated The Supreme Court in Baghdad has handed its judgement on previous Iraqi Deputy Prime Minister Tariq Aziz, a deputy to Saddam Hussein. Abed Hamoud, the previous private...more
Life Insurance beneficiary designation information Life insurance beneficiary designations, you've never heard of this before? You know what this is and why it is so important for you to understand? There are many ways for you to leave...more
How Does a Whole Life Insurance Policy Work? How exactly does the work of a life insurance? Whole life policies are popular with people in some selected groups, but are a bit 'more complex than their plain vanilla counterparts easy to...more