• Commercial Truck Insurance Many Coverage Options Available

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    December 30, 2021 /  Business and Finance

    Insurance coverage is often considered complicated and confusing. Commercial truck insurance is no exception. This is because the truck industry is highly diversified and many regulations exist to govern it.

    The many forms of commercial truck insurance provide motor carriers and independent owner/operators with all the coverage they need to protect themselves and their assets.

    The following are several examples of coverage options for both large companies and independent haulers.

    General Liability

    This coverage protects company employees and vehicles with liability coverage. Damage and injury costs are covered for employees and employers are given protection against lawsuits from accident victims.

    Primary Liability

    This type of coverage is required by federal regulations and covers damage and injury costs incurred by third party motorists involved in accidents caused by commercial truck drivers.

    Physical Damage

    Independent drivers are encouraged to purchase these policies in order to protect their own assets, such as their trucks. Damages caused by fires, theft, vandalism, and accidents will be covered up to a pre-determined amount. Considered the minimum policy coverage a driver should purchase to feel protected from the various situations that occur.

    Non-Trucking Insurance

    This form of liability insurance is a more cost-effective form of coverage for independent drivers. It covers drivers when not on active dispatch and therefore not covered by their contracted employers policy.

    Trailer Interchange Insurance

    This coverage is for instances in which trailers are being exchanged between two different companies. Trailer interchange coverage will cover the cost of any damages to the trailer or its cargo while being hauled by an outside party.

    Cargo Insurance

    Many commercial truck insurance policies do not cover the actual cargo, just the truck itself. Cargo insurance protects the goods that are being transported, as well as protects if those goods fall out or cause harm to another driver.

    Freight Insurance

    General freight insurance protects companies that haul dried goods ranging in value from $10,000- $100,000. Freight valued higher than $100,000 typically needs additional coverage.

    Dump Truck Insurance

    The defining quality of Dump Truck Insurance is the mechanical moving parts of the truck. Because the back of the dump truck is a machine itself, it requires special a policy for those that could be injured by operating it.

  • What Is Financial Statement

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    December 26, 2021 /  Business and Finance

    What is a financial statement? In layman’s term, financial statement shows you where a company’s money came from, where it went and where it is now. Reading a financial statement can be hard to some people but once you learned the basics of financial statement, it will be easy just like reading an electricity, credit card bill or bank statement of account.

    In reality, it is not complicated. You can understand financial statement of a company since you know how to read a billing statement of a bank account or from utility companies. It only requires little perseverance when you want to know the basic of financial statement.

    So the question is: Why do you need to study financial statement? A financial statement is a documentation of the company’s financial status or condition. It is very helpful for an investor because it will determine if a company is a good investment or not.

    A financial statement will give you the financial information about the company such as its liabilities, earnings, cash flows and assets. It is an important tool to determine if the company is increasing its earnings or losing money and it can be simply understand by the readers. It is a simple report which is usually in tabulated form.

    A financial statement can be divided into four parts: balance sheets, income statements, statements of shareholder’s equity and cash flow statements. Balance sheets give details what are company’s liabilities and assets in a particular period. Income statement, on the other hand, shows how the company’s revenue is transformed into the net income.

    In a financial statement, a cash flow statement details how cash comes in and out in the balance sheet and income of the company and shows the investing and financing activities of the company. The fourth part is the statement of shareholder’s equity that gives the changes on the company’s shareholders over the time.

    In conclusion, a financial statement is a good tool to evaluate the profitability of a company when someone want to buy its stock. It details the performance of the company and gives the present condition of the company’s financial status.

  • How to Select a Financial Planner

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    December 23, 2021 /  Business and Finance

    In these financially unsettling times, wouldnt it be nice to know you can still send your children to college, retire at 65 and be able to mail postcards from exotic locations to your future grandchildren? Its not only possible, its probable when your finances are in the right hands. While you may be skilled at handling certain money matters, chances are you dont even realize youre inept at others. To be safe, it might be time you considered the benefits of personal financial planners. Even if you feel you can perform several of the functions of a financial planner yourself, putting them all together into a cohesive strategy that produces solid, long-term returns is no easy feat. A financial planner can make that happen. When considering how to choose a financial advisor, youll want to sit down and really evaluate your needs. This depends, at least in part, on your stage in life, your goals and what you expect to receive in return. Are you a new college graduate with $50,000 in debt, $30,000 in income with a brand-new 401(k)? Or are you a 60-year-old trying to prepare for retirement? Once you figure out what youre looking for, its easier to determine how much help you need and where to look. How to Choose a Financial Planner Financial planners deal with everything from estate and tax planning to insurance and debt management to college savings and retirement funds. When figuring out how to find a financial planner, make sure to look for one who has experience working with others in situations similar to yours. As with any professional service, youll want to start by asking for suggestions from people whose judgment you trust. Ask acquaintances who have needs similar to yours, since a planner focused on the needs of young families may not be a good choice for recent retirees. Questions to Ask a Financial Planner Before selecting a financial advisor, youll want to do your research. Ask the following questions (created by the National Association of Personal Financial Advisors) to ensure they have the expertise and qualifications necessary to guarantee reliable service, and that they are the right fit for your particular situation: What is your educational background? College Degree: Graduate Degree:

    What are your financial planning credentials/ designations and affiliations? NAPFA-Registered Financial Advisor Certified Financial Planner (CFP) Chartered Financial Consultant (ChFC) Certified Public Accountant/Personal Financial Specialist (CPA/PFS)

    How long have you been offering financial planning services?

    Do you have clients who might be willing to speak with me about your services?

    Will you provide me with references from other professionals?

    Have you ever been cited by a professional or regulatory governing body for disciplinary reasons?

    What more can you tell me about your experience in providing financial planning services?

    How many clients do you work with?

    Are you currently engaged in any other business, either as a sole proprietor, partner, officer, employee, trustee, agent or otherwise?

  • Personal Financial Check-up

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    December 22, 2021 /  Business and Finance

    Like our own body, our own financial also need to do a check-up regularly so that our financial will be in nice and safe situation. For the company, they must do the audit in every year but very less individual make their own financial audit. Why? because we are not aware about it. Most of us just running our life day by day, month by month, year by year just it is without asking or try to explore whether their financial status is in a safe situation or not.

    Personal Financial Check-up is a simple method of analysis to study and explore our own financial situation so that it will be in the safe situation and secure. To make an analysis, we need to write down all of our assets and liabilities in a spreadsheet, then the data will analyzed to produce the result. By the result, then we can see whether our current own financial is in a good situation or not.

    After that, we can work accordingly. We may have to do some adjustment somewhere to make sure that we can achieve whatever target we plan to achieve. Without a nice planning, it is almost impossible to get what we a planed or you may get what you plan but it will take too long to get it.

    What is the benefit of Personal Financial Check-up?

    For sure I will guarantee you that you will get a lot of benefit when you do that check-up. You no need to hired a professional financial consultant to check your financial. Actually, you can do by yourself. What you have to do is only just to get the your own financial information and put it down in the spreadsheet and try to explore it. In specific, by using this method you can get all these benefits: –

    * You will know where your financial situation now
    * When you know your financial situation, you can make an action accordingly
    * When you do the right action, your financial will be safe and secure
    * Your short and long term financial will be in a healthy place
    * You will be free from debt or at least reduce it
    * You will optimizing your assets or your money
    * You can cut any consumption that it is maybe not necessary or just wasted your money
    * You can multiply your money
    * Lastly…you can retired with a stress free…enjoy the life along the way

  • How To Get Medical Insurance For A Surrogate Mother

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    December 21, 2021 /  Business and Finance

    Getting surrogate insurance coverage, that is, medical insurance to cover the surrogate pregnancy, can be tricky. There are a few different options for obtaining practical surrogacy insurance, depending on the situation of the surrogate mother and intended parents.

    First, if at all possible, plan to use the surrogate mother’s existing health insurance policy, probably thorough her employer or her husband’s. Most health insurance policies will cover a surrogate mother, as their own insured, while she is pregnant. It is frankly none of the insurance company’s business how she got pregnant!

    But some insurance companies are going out of their way to prevent surrogate motherhood. Take a copy of the surrogate’s insurance benefits booklet to your surrogacy attorney to verify if you can use this policy.

    If that doesn’t work, there are a few more ways to obtain surrogate insurance coverage. The easiest, and least expensive at this point is to purchase a regular individual plan from a local insurance agency. Watch, again, for exclusions with surrogate motherhood. Also, sometimes these plans come with a 6-12 month waiting period before they will pay for pregnancy.

    It probably should be mentioned that the insurance policy an intended parent carries, most likely through their employment, will not cover the pregnancy of the surrogate mother, regardless of the fact that it is their biological child. The surrogate mother is not the insured party.

    There are some surrogacy insurance policies specifically designed for surrogate mothers. These policies really only insure a worst case scenario event, cost thousands to purchase, and come with deductibles in the $5,000-10,000 range. Some intended parents choose to add this sort of policy onto an existing surrogate insurance coverage.

    But what happens when a surrogate mother and her intended parents believe that they are covered, get pregnant, and then find out there was an error and her insurance company refuses to cover the pregnancy? Or what if she loses the coverage halfway through the surrogate pregnancy?

    There are not too many private insurance companies out there willing to insure a preexisting condition, such as an already pregnant woman. (And if you find one, please let me know!) The options are few in this situation. The intended parents can either pay for the rest of the medical bills in cash, hopefully negotiating a better rate directly with hospitals and doctor’s offices, or they can purchase a discount medical card.

    A discount medical card will save the intended parents some considerable money, but it is not the same as having actual surrogate insurance coverage. Still, it’s a terrific option for those in this sort of sticky situation, and can be obtained after the surrogate mother is already pregnant.

  • How To Find Cheap Boat Insurance

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    December 21, 2021 /  Business and Finance

    If you can get things easily, you might do so. If you can get cheap boat insurance easily, theres no harm in heading that route. Whether you own a boat that is tied to a dock or you have it stored in your trailer, you need to get your hands on cheap boat insurance as soon as possible.

    Your boat is an investment and you want to make sure that it is covered. It is like a house or a car. It is an asset and it definitely needs insurance. You want to be covered just in case something happens to it.

    You can easily secure cheap boat insurance by going online. Because of the demand for insurance right now, you will realize that you are just one in a million of investors who are thinking of investing their hard-earned cash in insuring their boat.

    So if you head out to the open water altogether, you are all covered. Its true what they say about insurance. It is better that you have it and not need it, than need it but not have it.

    There are a number of cheap boat insurance quotes to choose from. These sites contribute a lot to the public who wants to insure their boat because they pretty much get an idea of how much this move will cost them.

    They also get a preview of the plans out there. The best insurance providers are those that have no qualms in stating the costs of the plans they provide their clients and their potential clients.

    Another sign that the insurance provider is one of the best in the business is when the reviews on their plans are positive. Words of their clients also play an important factor.

    If you look at cheap boat insurance quotes, chances are you will see links to the webpage of these insurance providers. Seize your chance and click on the link so you can see the testimonials from the clients.

    If you are wondering about the discounts that come with the cheap boat insurance, you shouldnt wonder anymore because the quotes that you check out will easily give you the answers that you are looking for.

    You can also compare these with the other plans that you are considering. If you can get insurance at a cheaper rate, why should you invest in insurance that are available to you at the general price?

    The money that you save for getting cheap boat insurance can be used on other things. You can use this to get something for your boat.

  • Financial Prosperity God’s Way

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    December 18, 2021 /  Business and Finance

    Financial Prosperity

    Like so many people on the internet I have tried a number of ways of making “big” money on the web and yes, I have made at least one bad investment. There is more than one money making formula out there. Some formulas are good and some not so good. God knows more than a little about financial prosperity and He desires the Christian to prosper. However, God wants the Christian to prosper His way.

    Formula to a Relationship

    God desires that instead of looking to a formula, the Christian should look to Him and not to a formula. God wants you to shift your allegiance from a money making formula to a deep relationship with Him and then you will prosper the best way. Are you seeking to know God intimately and have a deep relationship with Him? He says in Matthew 6:33, “But seek ye first the kingdom of God, and His righteousness; and all these things shall be added unto you.”

    The Financial Prosperity Revelation

    God gave me a revelation of Matthew 6:33 and showed me if I would seek Him and put His agenda first place in my life then my prosperity would be manifested. Seeking God is the best investment in your destiny.

    In Hebrews 11:6b He states, “He is a rewarder of them that diligently seek him.”

    “Delight thyself also in the Lord; and he shall give thee the desires of thine heart” (Psalm 37:4 KJV).

    Serve God or Money?

    Remember what is stated in Matthew 6:24 of the Living Bible, “You cannot serve two masters: God and money. For you will hate one and love the other, or else the other way around.”

    Seek and love God with all your heart and get involved with His program. Good investment. He has just the formula for your success: a deep relationship with Him which will unfold the glorious destiny He has for your life. And that destiny does include prosperity.

    But what if you refuse to do the will of God? Here is your answer: “Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven” (Matthew 7:21 KJV).

    Like a closer walk with God?

    Click “Closer Walk” below for FREE eBook.

  • What Does Personal Watercraft (pwc) Insurance Actually Cover

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    December 16, 2021 /  Business and Finance

    What does a personal watercraft (PWC) insurance policy actually cover? This is a good question. Insurance is sometimes a vague and confusing world. Deductibles, co pays and other issues make insuring anything confusing. Hopefully, we can clear up what a common personal watercraft insurance policy will cover.

    A personal watercraft (PWC) policy typically insures you against many common liability losses regardless of whether you operate it yourself or loan it to another person. In situations like these, you may be covered for things like damage to another craft or dock; bodily injury or death to another person due to your negligence; the negligence of another driver while using your watercraft, towed water skiers; wake boarders or knee boarders who are injured while attached to your watercraft; physical damage to the machinery, hull and equipment; an injury to you caused by an uninsured watercraft driver; and even towing assistance if you break down on the water.

    Some things are NOT covered. These are important and you should ensure that you understand that these exclusions can cause you all kinds of headaches if accidents or theft occur. Exclusions to most insurance policies include a watercraft that has been customized to increase speed or performance, operation of a watercraft after dark, and operating a watercraft without a valid drivers license.

    Because insurance needs differ depending on the type of watercraft you own, read the details in your policy to see what is covered and what is specifically excluded. This is something most people dont do and some will pay for this down the road. Dont let it happen to you.

    While the official definition of a personal watercraft (PWC) varies from state to state, there are two common types: a standup and a sit-down. The stand-up type allows for one rider that either stands or kneels on the watercraft, as opposed to sits. Typical brands of stand-up watercrafts include Kawasaki and Yamaha. The sit-down types, which allow the rider to sit or stand, can usually carry 24 people and often have the ability to tow skiers and wake boarders. Sea-Doo and WaveRunner are two common brands of sitdown watercraft.

    The bottom line is to remember to understand your personal watercraft (PWC) policy. If you have any questions or concerns, contact your insurance agent and get clarification. It could save you money in the long run.

    Have fun!

  • Business Interruption Insurance – Things Every Business Needs To Know

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    December 14, 2021 /  Business and Finance

    In this article, we will discuss about the importance of business interruption insurance and why every business should be prepared for the unpredicted.

    Business interruption insurance should be a crucial part of every business owner’s plan. Business interruption insurance acts as a supporting system for your business when it is closed down due to unexpected events such as natural disasters, accidents or any unforeseen risks.

    Business interruption insurance provides sufficient coverage when your business is not in action and will help you pay the ongoing expenses. In this way, you will get some time in rebuilding your business. Small businesses who do not purchase this insurance would suffer closure soon because the expenditure for revival is beyond their financial capacity.

    Can be an add-on to any policy:
    This insurance is generally not sold as a separate policy; you need to buy it in addition to your existing liability insurance or any other insurance policy. It comes as a rider, or additional benefit with others like property insurance. This add-on policy to your excising policy will help you have liquid cash in hand, even when your business is not operating.

    Coverage offered by the policy:
    If your business is unable to function as a result of damages to the business premises and loss of revenue, this insurance would be helpful. Further, there can be interruptions because of a general economic downturn. In all the cases, as there is no transaction, there is loss to the business. However, you have to bear the essential cost. Under these situations, business interruption insurance will cover your business continuity operation expenses like the electricity bills, staff wages and rent, repairs of damaged equipment, etc.

    Every business should consider business interruption insurance:
    Whether, it is small or a large business, it is very much essential for every business to be covered under business interruption insurance for a secured and risk-free business. In business, losses are not predictable. During these difficult situations, this coverage will help you in rebuilding your business premises and also your self-confidence.

    It is advised to buy this insurance through an insurance brokerage firm for better deals. But selecting an insurance brokerage or insurance adviser for your business may, however, be tedious, but you need to figure out the best brokerage firm that can offer you better deals. You can do this by researching on the Internet.

    And before buying business interruption insurance policy, you need to discuss with the brokerage firm the things that are included and excluded in your policy. Choose a brokerage firm that will offer most of the things at a minimal cost compared to other brokerages and that promises to protect your business at times of adversity.

  • How To That You Find Someone Can Proudly Call My Financial Planner India

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    December 14, 2021 /  Business and Finance

    If your neighbors success gives you jitters, or your cousins financial accomplishments leave you with a pale face, then its time for you to get up and do something for yourself. But most people dont do anything, because they just cannot understand where to start with, and which destination to arrive at. If you are someone whos riding in a similar boat, then someone who can steer your ship to the right dock is a financial advisor!
    Financial advisors are a great helping hand to those who have the money to invest, and probably even the will to do so, but do not have enough expertise or skill when it comes to financial planning. Also referred to as financial planners or financial consultants, these individuals are highly educated and trained in the field of finance, banking, and accountancy, and understand how the financial markets work really well. They can guide you towards making the perfect decision, but before that, you will need to select an advisor thats perfect for your liking.
    It is pretty important to select the right financial advisor for various reasons. A qualified, reputed, and genuine financial consultant will assess your income and expenditure, and then help you in choosing the right financial plan. He will bring forth several schemes on the table where you can possibly invest. Apart from that, they will constantly update you in case you need to upgrade any account, or withdraw any accounts in case theres a negative word about the financial company doing rounds.
    Heres how you can choose the right advisor, whom you can proudly call My Financial Planner India!
    Ask for qualification: Financial advisors, even though dont have to adhere to any particular benchmark for assessment, should at least be graduates with a degree and preferably a post graduate diploma/masters degree in the field of commerce.
    Experience in the industry: There have been cases where young financial planners are far more dynamic and insightful than elder ones, but experience surely counts when it comes to the field of financial investments. An experienced financial planner will know all the plans on his finger tips, will know which phase of the market means what, upcoming phases of risk etc. They might offer additional information such as home loan emi calculator for helping you manage your EMIs and finances.
    Do they work individually or for a firm? Both these types of financial planners have their advantage. Someone who works individually will let you know about the best of financial schemes since he holds no affiliation to anything. On the other hand, someone working for a firm will be bound to tell you only about the schemes offered by his/her firm.