Rise in debt situations and expenditure level have negatively affected many households. People indulging in unlimited spending often face debt crisis by month end. With proper planning, such crises can be solved. However, you need to take appropriate steps in right time by consulting an expert financial planner. Your portfolio should be a balanced combination of equity, debt, insurance and real estate products. This helps in safeguarding your...more
It's an unfortunate fact of life that lives need to come to an end at some point in time or other. The issue is actually that when a persons life comes to an end they often leave loved ones behind. It is our loved ones that we ought to be thinking of when it comes to contemplating our passing, not really how we will feel about it. There are plenty of things that the family and friends will need to deal with and worrying about how to pay for...more
Many of us live much more stressful lives than our parents did, at least we believe so. We definitely live faster paced lives. This has had an effect on our overall health and more people suffer from things like strokes and heart attacks than in prior generations. There also seems to be a higher incidence of things such as cancer as well as diabetes along with other life-threatening illnesses. Perhaps this is because of the change in lifestyle, perhaps it is because we are much more aware of these conditions and they are detected more easily by modern medicine. Whatever the reason is, insurance providers have come up with a policy to help individuals to cope with these medical problems.The insurance policy being referred to is critical illness insurance coverage. The policy is there to help you and your loved ones to handle the healthcare costs and income loss which being stricken with this kind of illness can cause.A medical aid will only cover so much with regards to hospital and medical bills. There is a limit to the quantity of cover you will get, even though you have a supposedly unlimited form of medical aid. Once that limit is actually reached the bills will continue to...more
In a world filled with uncertainty there are plenty of insurance plans available. There appears to be some thing to cover just about anything in almost any situation. It is important that every person and each business ensures that they have the right kind of insurance in position as early on as you possibly can. You will never know when things are...more
Running a manufacturing operation is often difficult work. There are client deadlines to consider, and employees may have to work long, hard hours to meet those deadlines. An employer relies on their manufacturers insurance to handle pertinent issues that arise, and on the occasion that an employee is injured while performing their duties, workers...more
Anyone living in areas prone to flooding knows how devastating a major storm can be. Most insurance companies can provide coverage via the National Flood Insurance Program (NFIP). Many policyholders do not actually know what is and what is not covered by the insurance policy. Many sign contracts and begin processes such as damage mitigation and structural repair without this vital information.Safeguarding valuable documents, such as the policy itselfDuring a flood, important documents are likely to become damaged and the policy itself may be lost or can get destroyed. One way for a homeowner or renter to secure their insurance policies pre-disaster is to store a copy outside of the home, in a safe deposit box, or with a relative. Using today's technology, scanning the policy and storing it electronically (on a USB or thumb-drive) is convenient. Regardless, after a disaster the policyholder should request a complete copy of the policy from the carrier or agent, making sure to fully understand all of the rights and obligations contained therein.Costs to rebuild older homes may drastically affect homeownersOlder homes may warrant the need for an insurance upgrade. However this...more
In a nation such as South Africa there are a lot of new businesses starting up on a daily basis. People are unable to find work in other companies and so begin their very own in an attempt to earn an income. There's nothing wrong with this in...more
There are so many different kinds of insurance out there that it can be a challenge to determine what type of personal insurance plans you should be thinking about taking out. It is obvious that nearly everyone in the world must have life insurance...more
Sri Lanka Insurance Industry is witnessing a strong growth since past few years. Dominated by general insurance segment, the total Gross Written Premium (GWP) in the country increased by 18% in 2011 compared to the previous year. In the coming years,...more
There will be a time in your life when you will pass away or will have to deal with the stress of having a family member pass away. Hopefully, when either of these things happens there's a funeral coverage to fall back on and all you or your...more
If you are planning on skiing or snowboarding during your winter vacation, make sure that you have adventure holiday insurance. The insurance package will let you enjoy winter sports and activities without having to think of emergency assistance and...more
Funeral insurance and other prepaid funeral plans are regularly sprayed on TV. Ensure that your family does not suffer a financial burden in the case of your death is of course a good idea, after the retirement warns clients to be very careful before...more