People are often protective in every way-it’s a human nature. Getting a home insurance is another way to express your concern to the one you love. It’s a lifetime protection not only on your financial holdings and personal belongings but to your entire family as well. After all your effort and sacrifices for paying a particular insurance, you will find out that the company you are dealing with is just another scam. Isn’t it more painful to think that you are investing your money in the wrong hand? Commonly, companies that misrepresent information to their policy holders are the one scamming. At first, you’ll never notice that they are not a legit insurance company because of the goodies they are giving away. Normally, saving money is your main concern and pay the insurance at the same time. They had foreseen this weakness that you have and invite you to purchase a single insurance policy and save more. Later on, you will discover that the insurance you are using is non-applicable because of the following general issue: Insurance certificate is fake Your service provider is not a registered insurance company No contact business number and business address There are plenty of transaction fees to be paid The processing is too slow The insurance policy is not concrete When you determine that these signs appear while getting your hand to buy a home insurance, it is the right time for you to back out. No matter what you do, the problem is already there and considering that you had been victimized by unscrupulous insurance company, you can never get back the money you spend. You can file a case against them but it takes more of your time. To keep from being tangled to fraud insurance companies, always ask for advice. Classification of Insurance According to Human Needs Today, getting an insurance policy is very easy. To think that dozens of companies provide a quick and easy process. If you are interested in getting insured, you can immediately visit an online company that sells insurance policy and start paying your monthly obligations. You can pay quarterly or by annual. At the same time, you can request for a home insurance quote to figure out what are the coverage of the insurance plan you are paying. Here are the famous insurance policies that you may want to try. Life Insurance- Cover the payments to the deceased person. Property Insurance- Pays property damages. Health Insurance- Cover health-related payments. Auto Insurance- Pays for car damages. Credit Insurance- Cover the payments of your loans and other financial interests. Travel Insurance- Pays for travel-relates issues. All of these mentioned insurance policies have strict guidelines that state specific areas covered by the insurance you purchase. For your own convenience, always look for trusted home insurance companies that sell legitimate insurance policy.
Comments Off on General Issue About Getting a Scam InsuranceApril 30, 2021 / Business and Finance
Comments Off on Discover key person insurance, including disability and life coverApril 29, 2021 / Business and Finance
Life cover is the financial protection every family needs against the death of a breadwinner while disability insurance and dread disease cover protect against the disability or illnesses of a breadwinner. But did you know that businesses can also insure the life and health of a valuable employee? Read on to find out more about key person insurance.
Wikipedia defines key person insurance, or keyman insurance, as ‘insurance taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of an important member of the business.’ It goes on to say that ‘an employer may take out a key person insurance policy on the life or health of any employee whose knowledge, work, or overall contribution is considered uniquely valuable to the company.’
A key person insurance policy could be a life cover policy to protect against the death of a key employee or a disability insurance or dread disease cover policy to protect against the disability or illness of a key employee. It is important to remember that key person insurance will not cover actual losses incurred by the business as a result of the death or illness of an employee but rather pay-out a specified amount as detailed in the insurance policy.
Employees covered by key person insurance could range from senior sales managers and project managers to directors and board members.
Consider the following scenarios:
A company’s sales director falls ill and is off work for three months. For those three months sales figures will likely drop. A dread disease policy in that sales director’s name would cover these losses
A company’s managing director passes away. A life insurance policy in his/her name will cover the cost of recruiting and training a successor
A senior project manager falls ill and is off work for two months. A dread disease policy in that person’s name would cover the costs of hiring a temporary project manager for those two months
A senior sales person is disabled in an accident and is no longer able to work in an office environment. A disability insurance policy in that person’s name would cover lost sales revenue while a replacement is trained
Key person insurance is about anticipating the worst that could happen in a business and ensuring that you have the necessary financial protection in place. It is about putting measures in place to protect your business, profits and employees against risk. Invest in the protection you need today.
Comments Off on Why Businesses And Enterprises Need Certified Financial PlannerApril 26, 2021 / Business and Finance
Generating revenue is important for an individual or organization. But most of us loose much of our hard earned money simply because we dont have much knowledge about the science of money. Those who are acquainted with law of economics will be able to manage the inflow and outflow of money in a much better way compared to those who dont have much knowledge about it. Certified Financial Planners are those people who are well-acquainted with the laws of economics and are expert in the field of managing funds. Hence, if you are willing to manage your fund in a scientific and lawful way you need to hire these individuals.
These individuals and professionals who are called as financial planners earn their designation after going through a rigorous training. They usually had to pass a comprehensive two day 10 hour exam. The exam is an extensive and comprehensive one and usually includes topics from subjects like Tax Planning, Financial Planning Process, Tax Planning, Employee Benefits, estate planning, insurance and investment management, employee benefits and retirement planning.
Before offering services to clients and prospects they usually need to get certified that they are serving clients in this field for at-least three years. They are also need to prove that they are well-experienced in financial counseling skills and financial planning. One of the major needs in the field of business and finance is that your inflow and outflow of money has to be managed and tackled in a Smart way. Means everything should be managed in such a way that it is specific, measurable, attainable, realistic and time driven. And these could be achieved only when you have someone who has scientific knowledge in the field of money.
These individuals and professionals make extensive and comprehensive plan about how you should invest your money for maximum returns, do you need to invest your money in stock market and which stock should you buy. They also gauge how much you can afford to lose and what you ought to do in extreme cases. This is why people should hire professionals that could offer you advise on how you should invest in a diversified portfolio that is made up of a mix of taxable and tax free plans so that you receive maximum returns even when the market is volatile.
These people could guide you about how you can get cash in case any emergency arises. They will also guide you how to could you get fixed income after your retirement and all those things. The bottom line is that if you want to invest and manage your cash flow in a scientific and profitable manner Certified Financial Planners could help you in many ways provided you choose the efficient and capable professionals who is acquainted with every ins and outs of financial planning.
Comments Off on Secrets To Financial Success 3 Keys To Taking Control Of Your FinancesApril 18, 2021 / Business and Finance
The secrets to financial success are finally at your fingertips! No longer will you have to wonder about how other people do it. No longer will you have to deal with financial failure time and time again.
Read this article and find out the keys to financial success!
Secret to Financial Success # 1: Make Sound Decisions.
Hasty decision making rarely ever does anybody any good. It robs you of the ability to look at a situation sensibly.
If a genie were to suddenly appear before you offering three wishes but under a time limit, you would probably end up wishing for something that will only make you happy short-term, like a million dollars perhaps.
But if you had all the time in the world to think of what to wish for, you would be able to ask for something that could sustain you for a lifetime.
Secret to Financial Success # 2: Dont Put All Your Eggs in One Basket.
One of the keys to financial success is to invest wisely. There have been far too many stories of people putting their savings or their retirement money on the line for a chance to win big in the stock exchange market, or in a business that promises huge returns.
It’s a fact that nothing in this life is certain. A good hunch is still a hunch. Im not discouraging you from following your instinct. But make sure you dip your feet into the pool first instead of jumping right in.
Secret to Financial Success # 3: Manage Debts Properly.
Debts can very easily pull you down if you are not careful with your planning and decisions. But not all debts are bad.
In fact, credit card debts can be a good thing because you can pay for things without having to shed money immediately, and instead have that money earning interest in the bank for the time being. Plus you get to earn some points! Just remember to pay them when they’re due.
These secrets to financial success have been used time and time again by individuals who want to expand their wealth. You dont necessarily have to have a lot of money to begin with in order for you to win it big in life.
You only need to use your common sense. Dont decide on anything without even doing proper research. Dont bet all your money on one horse and manage your debts properly.
Comments Off on Cheap Bass Boat Insurance QuotesApril 18, 2021 / Business and Finance
Bass boat insurance is specifically designed for the unique needs of people who love to go fishing. The standard insurance policy wont generally cover the needs of an owner of a fishing boat. There are restrictions on size, types and speed of propellers, and other factors that are often waived by insurance firms.
Bass boat insurance is intended for people who are really serious about fishing. That is why the kind of boat they own is a very important factor when theyre filling up their insurance quotes.
It is important to note that bass boat insurance quotes include limited commercial use. This is to ensure the risk coverage that is associated to fishing and other competitive incidences.
A sign that the insurance is credible is when it comes from an insurance provider that offers 24/7 assistance.
If that is the case, it only comes to show that the insurance agents of the bass boat insurance plan you signed up for are very knowledgeable and can accommodate you with your concerns.
Another given is that the best bass boat insurance offers their clients and potential clients a number of coverage. Standard components are the coverage of liabilities, physical damage, and medical payments.
The fully insured boats are protected for the hull and machinery. This includes the inboard and the outboard motors.
The boat may be in use or not, in storage or towed, it doesnt matter. If there is bass boat insurance, the safety of the boat is assured.
To elaborate more on the best bass boat insurance, they provide the three following policies. First and foremost, there is an agreed value on the insurance quotes. It may be costly when compared to the others but this is because there is more coverage when compared to the general-priced bass boat insurance plans.
You can easily compare the standards that are included in one plan to the other. If you feel that you need to add more to the cost because it will allow you to have peace of mind knowing that no matter what happens to your boat, bass boat insurance has your back.
The second standard policy of the best bass boat insurance is an actual cash value. Depreciation is taken from the value of the watercraft. If there is total loss, then the boat insurance rates are less expensive.
Finally, the liability only fishing boat insurance is also available in these kinds of insurance plans.
If there are damages to a boat that is not insured with the policy, then the bass boat owner will have to spend so much.
Comments Off on How To Make Car Insurance More AffordableApril 17, 2021 / Business and Finance
A lot of people feel that car insurance is unnecessary and expensive. However, without car insurance you really never know what could go wrong with your car. If you own a comprehensive policy you at least have a financial backing for everything the car might need. Not having to be accountable for the expenses that your vehicle keeps spurting allows you to use your car without any worries. As for car insurance policies being expensive, you save a lot more money with car insurance than without it. Shelling out the money for damages to your car from your own pocket ends up being a lot more costly. These days there are several ways to make your car insurance a lot more affordable and your premiums much cheaper.
You can find much cheaper car insurance policies by just compare shopping online. By going through a lot of policies and weighing the pros and cons for each you can find a policy that suits your requirements the best and is still more affordable than any of others. No matter what you’re looking for, you can find the ideal car insurance for you and your family online. With the amount of options available you can find policies that seem to be tailor made to your needs. Online car insurance policies also come with deals and discounts sometimes, making your policy much cheaper.
Your driving habits make a big difference when your car insurance premiums are being calculated. If you have a clean driving record, you insurance provider will charge you much lesser for the policy than he would otherwise. Make sure you drive safe and take care of your car and your car insurance will be a lot more affordable.
When you apply for a car insurance policy make sure you look at what the insurance provider of your other policies is offering you. A lot of companies might give you a discount if you buy all your policies from them, and the discount makes your choice of car insurance very cheap. Look at all the options available and you’re bound to find a policy that suits your lifestyle and has everything you require.
Car insurance is very important in contemporary times. Without it you’re left very vulnerable to the costs of car damage or theft. Buy car insurance and choose to drive the safer way. A car insurance policy is a lot easier to find than you think! ________________________________________________________________________________________________________________
Pranav Sharma is an insurance agent based in Mumbai; Pranav assists individuals and corporates in purchasing the right Car Insurance online & often shares his insights about the general insurance industry on internet.
Comments Off on Understanding Your Ontario Car InsuranceApril 14, 2021 / Business and Finance
There shouldnt be any mystery with automobile insurance in Ontario. And yet so many Ontario consumers seem to be confused about even the basic of coverages and car insurance principles. Being a smart consumer means understanding even a little bit of automobile insurance in Ontario can go a long way in getting the best possible coverage and at the cheapest rate.
Ontario car insurance policies cover income replacement benefits if you are in a car accident.
If you are eligible, you can qualify for income replacement benefits if you are involved in a vehicle accident this benefit is intended to partially or completely compensate you for the loss of your income if you cannot work because of your injuries that you had sustained from the accident.
Car insurance theft does not cover loss of personal property
If your car is broken into and items are stolen from it, such as golf clubs, your car insurance policy in Ontario does not cover theft of contents. Contents would be covered under home and or tenants insurance coverages, and a review of these policies is always a good idea.
Getting a parking ticket will not increase the rate of your Ontario car insurance
Parking tickets, in general are not considered traffic violations. Thus, parking tickets do not count against your insurance policy premium rate, but unpaid fines due to unpaid parking tickets, could affect your ability to renew your drivers license or worse may result in a license suspension. There are more serious consequences if your drivers license in Ontario is suspended and these consequences will very likely affect your insurance premium rates. A suspended license in Ontario can affect your insurance rate by as much as 20% increase.
Speeding tickets will not always increase your insurance rate
The majority of drivers in Ontario and with a minor speeding ticket, which is defined as at driving less than 50 km/h over the speed limit. A standalone ticket of this sort will generally have no effect on ones insurance premium. The true test is based on the entire history of your violations. For example if you have two or possibly even three speeding tickets like this, there is a very good chance that your insurance rate will go up. If this speeding ticket is in addition to other violations, for example violation for not wearing one seatbelt, a violation for distracted driver, or any other violation there is a high probability that your Ontario insurance rate will go up.
Comments Off on California Victim of Financial Elder Abuse Says Bank Did Not Question WithdrawalsApril 6, 2021 / Business and Finance
A recent victim of financial elder abuse claims that Bank of America did not question transactions when she withdrew money. The senior citizen victim was allegedly scammed out of approximately $35,000. Police are searching for a black woman in her 40’s who disappeared with the money. California financial elder abuse attorneys warn seniors to be wary when people they do not know well as them to withdraw money from their accounts.
According to authorities in this case, the suspect told the senior citizen victim that the president of Bank of America had contacted her and told her that he need the victim to pull money out of the bank. The suspect promised the victim $572,000 in return for doing so. The victim then withdrew $12,000 from a Bank of America in Redlands, California, and another $23,000 from another Bank of America branch in San Bernadino, California. California financial elder abuse attorneys warn seniors that bank officials will not ask them to withdraw money from their accounts.
Bank of America officials say that there are security efforts in place to protect senior citizen customers from financial elder abuse. Bank of America has stated that bankers and tellers receive extensive training to identify banking transactions that are out of the ordinary. Bank of America officials also stated that they follow applicable state laws which may include contacting Adult Protective Services or local law enforcement. California financial elder abuse attorneys remind the public to be vigilant regarding financial elder abuse.
In this case, the suspect befriended the stranger in a grocery store parking lot. After the money was removed from the accounts, the suspect told the victim that the bank president wanted them to put the money in the victim’s trunk and return to the other Bank of America branch to fill out paperwork. The suspect then went to use the bathroom and disappeared with the money.
Evans Law Firm, Inc. handles elder abuse, financial elder abuse, physical elder abuse, annuity fraud, consumer fraud class actions, insurance and banking fraud cases. If you think that you have witnessed or are the victim of elder abuse, or financial fraud then contact Evans Law Firm, Inc. at 415-441-8669 for a free and confidential consultation, or email us at
Comments Off on Phoenix Financial PlannerApril 6, 2021 / Business and Finance
Phoenix Financial Planner A financial planner typically prepares financial plans for his or her clients. The kinds of services financial planners offer can vary widely. Some financial planners assess every aspect of your financial life-including saving, investments, insurance, taxes, retirement, and estate planning-and help you develop a detailed strategy or financial plan for meeting all your financial goals. Other professionals call themselves financial planners, but they may only be able to recommend that you invest in a narrow range of products and sometimes products that are not securities.
When hiring a financial planner, you should know exactly what services you need, what services the planner can deliver, and any limitations on what he or she can recommend. In addition, you should understand what services you are paying for, how much those services cost, and how the planner gets paid. Financial planners charge for their services in different ways: some charge either a fixed fee or an hourly fee for the time it takes to develop a financial plan, but do not sell investment products; some are paid by commissions on the products they sell; and others use a combination of fees and commissions.
Financial planners may come from many different educational and professional backgrounds. If you are considering using a financial planner, be sure to ask about their background. If they have a credential, ask them what it means and what they had to do to earn it.
Some financial planners have credentials like CFP certification or CFA (Chartered Financial Analyst). Find out what organization issued the credential, and then contact the organization to verify whether the professional you are considering did, in fact, earn the credential and whether the professional remains in good standing with the organization. For a helpful list of various financial industry credentials (including the name of the issuing organization and any education or experience required to attain the credential), please read FINRA Understanding Investment Professional Designations.
The Certified Financial Planner Board of Standards also has brochures – What You Should Know About Financial Planning and Questions to Ask When Choosing a Financial Planner – that will help you identify a financial planner who is right for you.
Financial planners who give investment advice to their clients must register with the SEC or the appropriate state securities regulator. For more information about investment advisers, read the publication entitled Investment Advisers: What You Need to Know Before Choosing One.