Insurance Info

The different parts of a padlock With countless different styles, sizes and applications of padlock available it may surprise you to know that the basic principles of their function and design are all pretty much the same. Although the bodies of certain types of padlocks (some disc or combination padlocks, for example) are made from alternative materials, the majority of padlocks have a solid metal body. The solid padlock body is by far the strongest part of the padlock and, as a general rule, the larger the body the larger and more substantial the locking mechanism can be. The U-shaped metal bar that exits and re-enters the padlock body is called the shackle or shank. Whilst the body of the padlock is relatively well protected this part of the lock is exposed and therefore most vulnerable to attack. As with increasing the size of the body, incorporating a more substantial […]

Should You Buy Long Term Care Insurance? Most people start thinking about the possibility of needing nursing care asf they hit middle age. Many have family or family who needed home health care, assisted living, or a nursing home. At this time, people learn about the high cost of long term care, and they wonder how it gets paid for. Consider this. Full time nursing homes can cost $50,000 a year or more. Home health care may not be that much less, depending upon the amount of services needed. Assisted living facilities cost less, but may still be a lot more than it costs to live on your own. And the government estimates that 40% of people who turn 65 will need some sort of nursing care during retirement years. How does this get paid for? Medicare, the federal health insurance for seniors and disabled people, only pays for short […]

Probably one of the first safety tips to share when you’re going to do an oil change on your car engine is to be ready for the oil spills, the grease, and the dirt. If you’re a squeaky clean kind of person, then maybe you would rather bring your car to an auto repair shop and let them do that for you. But of course, changing the oil yourself is more practical and you get to save more money every year as change the oil periodically. Now before starting out on the task of changing the oil in your engine, prepare the tools you need first. A preparation of all the things you need will make the job easier and with no hassle. You will especially need lots of old newspapers or cardboards to cover the floor and protect it from spills. Oil filters, wrench set, an oil container, a […]

We’ve all seen and heard the ridiculously low-priced rates for term life insurance. They’re not fake numbers but the reality is very few people actually qualify for the rates offered. The cost of life insurance is determined by two primary factors: Health and age, in that order. Pre-screening Requirements However, prior to a company considering insuring someone certain criteria needs to be met. There may be some variations and/or exceptions but most often the person: Must not be incarcerated; must not be in a hospital, especially on their death-bed; must not be on active duty in the military; must not be over age 85. Evaluation Process A person’s health is thoroughly evaluated by one or more underwriters. The evaluation usually includes a complete medical history and medications, occupation, recreational habits (skydiving is not usually considered healthy recreation), use of tobacco, alcohol, and drugs, height and weight, and possibly more depending […]

Car accidents can happen anywhere and unfortunately some of them are serious enough to cause injuries. For someone who is at fault, not having adequate car insurance coverage can mean a lifetime of financial hardship. Although many people feel that car insurance is an unnecessary expense because they'll never be involved in an accident, that's simply not true. Car insurance in Chicago, Illinois is required by law and it's in place to protect every driver on the road. In fact, if a driver is sentenced by the authorities in Chicago driving without valid car insurance more than once they can expect to pay a large fine and have their driver's license taken away for half-a-year. Although some car insurance policies do cost an extra amount of money, there are ways to find cheap car insurance in Chicago, Illinois. The main thing to remember is that you need only buy the […]

Are you one of the plain insurance agents? Agents often prefer to upgrade their title as an insurance specialist or financial advisor on their business card. Names like life advisor reflect positive experience and knowledge. Which of these different terms distinguishes you from being just one of the insurance agents? Here are 101 top choices to pick from. There is a lot more to a name then may realize. Calling yourself an agent or sales agent makes you sound run of the mill. It also projects the sound of a salesman trying to sell you something. Few people enjoy feeling a person is selling them anything, it stinks of pressure. This is why in this list of different terms you will see how high words like specialist, expert, and professional rank. The prospect gets a completely new perspective, just by the title you give yourself! Prospects closely take notice when […]

Insurance services use knowledge related to finance, regulations, analytics in general and everything else in specific. For example, take project insurance. The insurer needs to evaluate various risks associated with the project. He should be able to make use of project management documents to understand the measures being taken by managers to manage the risks identified by them. He should be able to assess loss in case of claim. He need to use the knowledge of project management techniques in project insurance. Again, if it is agriculture insurance, an insurer has to get idea about the crop yield, soil quality, farming practices etc. to do a meaningful insurance. So, knowledge of agriculture science need to be applied. Since insurance extends its services to every possible activities in the world or even in space, it has the potential to use every kind of knowledge. Knowledge gained by insurance professionals during training […]

Affordable Colorado Health Insurance Plans – How to Get Cheap Quotes Online Searching for health insurance rates in Colorado you can afford? Here's how to find health insurance quotes online with the lowest cost. Colorado health insurance plans Managed health care plans such as HMOs, PPOs, and POSs are made up from a network of Doctors and hospitals. These plans are the least expensive of health insurance plans, and will give you quality medical coverage at the lowest cost. However, you must use Doctors and hospitals within the network to get the lowest cost. When shopping for managed health care, you should check insurance plans for these coverages: Major Medical Coverage Does the plan pay expenses for catastrophic illness or injury? Doctor or Physicians Coverage Does the plan pay for Doctor visits? Most managed care plans have a small copayment for Doctor visits. Surgical Coverage Does the plan pay for […]

Single Premium Whole Life Insurance (SPLI) Explained Most of the time, when we purchase life insurance, we agree to make monthly, quarterly, or yearly payments. There are some whole life policies which can be paid off, usually over a period of 7 years or more. But another way of purchasing coverage has begun to get more attention lately. This simply involves making one large payment in the beginning. The single premium is set to fund the coverage for the rest of an insured person’s life. One obvious advantage might be the guarantee that life insurance is taken care of without having to worry about paying any more bills. One obvious disadvantage, as you may have already guessed, is the fact that this first premium must be pretty large. Who Considers SPLI? The type of person who may consider this unusual way of paying for a life insurance policy would have […]

Car insurance in the city is almost always a must, if you want to make sure you have protection against pricey repairs for damage caused by an auto collision. Areas of high traffic often produce many more car accidents then more remote locations. Shopping around for NJ car insurance that will not drain your bank account is easy to do. There are many ways to keep the monthly payments low as well. The following list describes various types of discounts available. Multi Car Discount If you have multiple cars on the same policy, the first one is full price and each car added on after this one gets a discounted rate. This is an excellent type of discount when there are many cars to be insured. Sometimes, this is the only way a large family is able to afford insurance for all cars within the household. Driver Courses New drivers […]