Life Insurance & Health Insurance – Need of the Hour

Life is unpredictable. Unexpected events that strike without warning can disrupt the smooth rhythm of life. You must be prepared at all times. As the primary earning member, you will do anything for the ones you love and ensure that nothing is lacking even if you are taken away from them forever. Do your best today to ensure that your family can always enjoy a comfortable lifestyle.

Life Insurance:-

Thinking about why you need life insurance can be an emotional and stressful task. However, life insurance is one of the most responsible decisions you can make to help ensure that your spouse, children or other loved ones can continue to enjoy the quality of the life they deserve.

Life insurance is nothing but its a way to replace the loss of income that occurs when someone dies. It ensures that your family will receive financial support in your absence. Put simply, life insurance provides your family with a sum of money if something happens to you. It protects your family from financial crises & provides some financial peace of mind.

In addition to serving as a protective cover, life insurance acts as a flexible money-saving scheme, which empowers you to accumulate wealth-to buy a new car, get your children married and even retire comfortably.

With a life insurance policy in place, you can:

  • Provide security to your family
  • Protect your home mortgage, loans, credit card borrowings etc.
  • Provide finance to your loved ones to achieve their goals in your absence
  • Ensure that your family is able to maintain their lifestyle, no matter what happens
  • Take care of your estate planning needs
  • Look at other retirement saving/investment vehicles

Health Insurance:-

Although health insurance can not prevent a serious injury or illness, it can help you maintain financial stability. A serious injury, disability or critical illness can impact a person’s emotional well-being and financial security. And while it can be difficult to think about these things, you will make a smart decision by planning for the unexpected now.

Health insurance policies insure you against several illnesses and guarantee you stay financially secure should you ever require treatment. They safeguard your peace of mind, eliminate all worries about treatment expenses, and allow you to focus your energy on more important things like recovery.

Health insurance is required when an individual is ill or requires medical checkups. It can prevent the patient from being expected to pay out of pocket expenses towards medical bills because they do not have any health insurance. Without health insurance, one may even not be able to afford expensive medical services when needed.

Benefits of having a Health Insurance:-

  • Helps protect your income – Disability Income Protection Insurance
  • Provides a monthly benefit to help maintain financial stability while you recover from a disability.
  • Long-Term Care Insurance
  • Provides a daily benefit to help you offset the cost of care administered in a long-term care facility or at home.
  • Critical Illness Insurance
  • Provides a lump-sum payment to be used in case of contingency
  • Hospital Cash Plan
  • Provides a daily allowance to help you pay during your hospital stay.

The Old Dependable Is Depended Upon Once Again

What, you were expecting maybe new?

The television, print, digital and outdoor campaign, now under way, carries the theme “Keep good going,” which is meant to extol the virtues of buying life insurance and other financial products from the New York Life Insurance Company. The budget is estimated at $20 million through the end of the year.

The print advertisements that are part of the campaign detail the premise: “Consider all the good you do in your life. And all those it touches, supports and inspires. At New York Life, everything we do is to help you continue that good.”

The concept is brought to life through pithy sayings that are numbered as if part of an altruistic bucket list. For instance, No. 8 is “Be there for the ones who are there for you;” No. 17 is “If you love someone, act on it;” No. 27 is “Be the man your dog thinks you are;” No. 54 is “Simple actions often speak the loudest;” and No. 79 is “You’re always a role model to somebody.”

The “Pay it forward” intimations of “Keep good going” are reminiscent of other recent campaigns, among them one for Delta Air Lines, which carried the theme “Good goes around,” and one for another insurer, Liberty Mutual, which since 2006 has carried the theme “Responsibility. What’s your policy.”

Executives at New York Life and Euro RSCG New York, which replaced the New York office of Taxi as the insurer’s creative agency in December, call the new theme a better presentation of a thought that had been at the center of the ads created by Taxi New York, which described the purchase of a life insurance policy from New York Life as “a selfless gift for your family.”

“Keep good going,” the executives say, is the distillation of a new brand positioning for New York Life called “For good,” which was developed with Landor Associates, the corporate and brand identity agency that is part of the Young & Rubicam Group division of WPP.

“Our category as a whole has a tough time connecting with consumers,” said Liz McCarthy, senior vice president for corporate communications at New York Life, invoking “an adage in our business” that life insurance “is sold, and not bought.”

Then, too, “there’s the other challenge,” she added, that life insurance is “frequently a ‘one and done’ purchase, not top of mind.”

The “selfless gift” campaign was “the first time we talked with consumers about them instead of about us,” she said, which began to “make a much stronger connection” with potential customers.

The new approach is also more appropriate for a time when “people are looking for goodness in the world around them,” Ms. McCarthy said, because of the dislocations from the financial crisis that still affect families.

The focus on goodness will assist the campaign in reaching a target audience she referred to as “practical optimists”: consumers who are interested in, or already have, life insurance.

Asked about the Liberty Mutual campaign, which in July added a second theme, “When things are at their worst, we are at our best,” to the “Responsibility” theme, Ms. McCarthy said: “Certainly, within our category, it’s probably the closest to our positioning. We’re aiming a little broader.”

Another difference is that the Liberty Mutual ads have celebrated random acts of kindness that are paid forward in a continuous, virtuous circle, while the New York Life ads are about taking care of family members.

The commercials that are part of the New York Life campaign are somewhat more emotional than the print ads. One commercial begins with: “I always thought I would have a son who loved to play ball. Turns out, it was my daughter.”

As the daughter’s accomplishments on the diamond are chronicled in photos and video clips, these words appear: “She got her mother’s looks and my fastball. Thankfully, it wasn’t the other way around.” The spot ends with life lesson No. 22, “Pave the way for the greatness of others.”

In another commercial, as a video plays of an elderly man speaking, words on screen describe how someone, presumably a grandson or granddaughter, taped him talking about “God, women, money, art and family.”

“He passed six months later,” words on screen declare, followed by life lesson No. 64, “Pass down more than your name.”

The idea “feels like such a bigger thing than telling people, ‘Go buy life insurance,’ ” said Lee Garfinkel, co-chairman at Euro RSCG New York and chief creative officer for global brands at Euro RSCG Worldwide, part of the Havas Worldwide division of Havas.

The use of “life lessons is a way to get the sales message across in a way that’s more relatable,” he added, although it can be a tricky task to “do emotional advertising that’s not maudlin.”

Contrasting New York Life with Liberty Mutual, Mr. Garfinkel said the New York Life campaign is “not necessarily about the greater good of society” but rather “about perpetuating the good in your life, changing the world you have control over, your family.”

According to Kantar Media, a unit of WPP, New York Life spent $80.3 million on advertising last year, $71.1 million in 2010, $69.8 million in 2009 and $58.7 million in 2008.

Reliable Life Insurance Company – Which Companies are the Best?

One of the first steps a person takes when determining whether a particular life insurance company is reliable is to check the financial rating of the life insurance company. A financial rating, given by independent research companies, gives you an idea of how financially strong a particular life insurance company is. If a life insurance company is financially strong, it should be a reliable life insurance company, right?

Simply put, yes. But when you’re looking for a reliable life insurance company, you must make sure the company is more than just financially reliable. To find the best life insurance company, you must find the company that fits your needs.

Before you begin shopping for the best, most reliable life insurance company, ask yourself the following questions. You’ll be better prepared when you start talking to life insurance agents.

Do I want a term or whole life insurance policy? Term life insurance policies offer life insurance for a certain period of time. They’re less expensive, but they don’t offer the same kind of savings components offered by whole life insurance policies. Whole life insurance policies offer life insurance for the rest of your life. They’re generally more expensive, but they offer savings and estate planning components.

Do I want to be face-to-face with a life insurance agent, or am I comfortable shopping over the telephone, through the mail, or online? While the last three shopping methods may be quicker or more convenient, many people prefer face-to-face communication when making a purchase as big and important as life insurance.

What kind of customer service do I expect? It’s definitely important to know the answer to this question before you start doing business with a life insurance company. As mentioned above, life insurance is a big and important purchase. Therefore, your insurance agent or the company’s customer service representatives should treat you the way you deserve to be treated – kindly, and with respect.

Money Strategies in Car and Life Insurance

You may not realize it, but the insurance rates you pay for your car can vary dramatically depending on the insurance company, agent or broker you choose, the auto coverage you request and the kind of car you drive. Thanks to some public information from our friends at Pueblo, other public domain sites, as well as my own articles, here are a number of things you can do right now to lower your car insurance costs.

1. Comparison Shop – Rates for the same car insurance can vary by hundreds of dollars, so it pays to shop around. Ask your friends, check the yellow pages or call your state insurance department. You can also check consumer guides, insurance agents or insurance companies.

But do not shop price alone. The insurer you select should offer both fair prices and excellent service. Quality personal service may cost a bit more, but provides added conveniences, so talk to a number of insurers to get a feeling for the quality of their service. Ask them what they would do to lower your costs. Check the financial ratings of the companies too. Then, when you have narrowed the field to three insurers, get price quotes.

2. Ask for a higher deductible – Car insurance deductibles represent the amount of money you pay before you make a claim. By requesting higher deductibles on collision and comprehensive (fire and theft) coverage, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision cost by 15% to 30%.

3. Drop collision and/or comprehension coverage on older cars – It may not be cost-effective to have collision or comprehensive auto coverage’s on cars worth less than $1000 because any claim you make would not substantially exceed annual cost and deductible amounts. Auto dealers and banks can tell you the worth of cars.

4. Eliminate duplicate medical coverages – If you have adequate health insurance, you may be paying for duplicate medical coverage in your auto policy. In some states, eliminating this coverage could lower your personal injury protection (PIP) cost by up to 40%.

5. Buy a “low profile” car – Before you buy a new or used car, check into insurance costs. Cars that are expensive to repair, or that are favorite targets for thieves, have much higher insurance costs. Write to the Insurance Institute for Highway Safety, 1005 North Glebe Road, Arlington, VA 22201 and ask for the Highway Loss Data Chart.

6. Consider area insurance cost if you are making a move – Costs tend to be lowest in rural communities and highest in center cities where there is more traffic congestion.

7. Take advantage of low mileage discounts – Some companies offer discounts to motorists who drive fewer than a predetermined number of miles a year.

8. Find out about automatic seat belts or air bag discounts – You may be able to take advantage of discounts on some coverage’s if you have automatic seat belts and/or air bags.

9. Inquire about other discounts – Some insurers offer discounts for more than one car, no accidents in three years, drivers over 50 years of age, driver training courses, anti-theft devices, anti-lock brakes and good grades for students.

SPECIAL NOTE: For more information and tips on auto insurance and all other types of insurance, call the National Insurance Consumer Helpline (NICH) at 1-800-942-4242

Life Insurance… how much and what kind

Life insurance is not about leaving the kids and grandkids 75% of the free world.

This may not be the most relished article by the insurance industry but it is what I see and what I believe. It is also a way to avoid being talked into something that perhaps you just plain do not need.

First off forget about leaving the kids and grand kids a life of ease. That is not what insurance is about. The real purpose of insurance is about you finding what is best for your situation. But to do so you must look at insurance from a very cold and matter of fact position.

You must view insurance as replacing the individual as a money machine. That is pretty cold but it is honest. You must also view what other situations exist now or probably will exist when the insurance is needed. The difficult part is constantly reviewing these other situations because as they change your insurance needs may change. For example:

1. Are there other assets that can be tapped such as multiple incomes, savings, IRA, property income, etc.

2. How many dependents are in need and for how long? Is it possible a spouse will remarry? How old are the children?

3. What is the current style of life and is it necessary or desired?

4. Are you debt free or plan to be or are you over your head in debt and cannot control spending?

These are exceptionally difficult questions which must first be dealt with before you can progress.
But once you have solid answers with all responsible parties, the rest is much less difficult because you now know where you are going and the rest is simply understanding the industry.

Types of Life Insurance

Though there are insurances labeled endowments and annuities (which are very good investments), the two basic types of insurance are whole life and term.

1. Whole Life – The appeal is that it builds cash value while offering insurance protection. But no other savings program I know of takes your money, puts it into an account for you but does not allow you to see any of it for 2-3 years. No other program has a negative cash value for years to come. And in future years, since this cash value is supposedly your money and you borrow it, how come you have to pay it back with interest? The argument is, you have life protection while building cash value. OK. Why not spend a lot less and have term insurance and use the extra money in a better investment? Even a very safe mutual fund will yield a far greater return. Or perhaps even pay off debt with what you will save. Now that can yield up to 40% tax free. (See Debt Destroyed By Magic Bullet.)

Is there a good side to whole life? Sure there is. First of all, if you take out a whole life as a youth, rates are very low. Whole life can also protect your future insurability. Rates will not change as you get older. A solid small amount of whole life to cover last expenses could be peaceful to the mind. Whole life is better able to stay up with inflation. But overall, I cannot in good conscience recommend it in most circumstances.

2. Term Insurance – Term insurance has limitations as suggested above. It builds no cash value but it is the least expensive form of insurance available. There are two types of term insurance: straight term and decreasing term.

a. Straight Term – as its name implies, straight term exists as is and for the full amount as long as you make payments. It does not increase or decrease the amount of coverage.

b. Decreasing Term – again as its name implies, decreasing term decreases as the length of time goes on. This type of insurance is most often used in association of a mortgage or car loan. But here is a major caution. You must insure the decrease does not exceed the payoff. For example. Decreasing term insurance for a 30 year mortgage will not keep pace with the mortgage itself. If the decreasing term insurance decreases over 30 years it is a straight line decrease. A mortgage, however, is not straight line because the majority of the interest is in the beginning. Possibly 75% of the mortgage will still be owed when 2/3 of the decreasing term insurance has passed.

There is one other caution I would suggest. Do not buy insurance from a commissioned retailer, car dealer, mortgagor, etc. Buy the insurance from someone who knows his trade – a licensed insurance agent. Additionally do not make insurance part of the retail sale unless you want to pay interest on top of the insurance.

Readers will probably be interested to know Mike, the author of this article, also offers a free debt elimination mini-course via e-mail. You can enroll at Debt Free In 7.5 Years [http://learncreditmanagement.com/article/DF_Enrol].

Life Insurance – The Next Great Step

My article written here does not tell you whether you should go in for Life Insurance Policies but it features more on the aspect of what policies provide you and what are the prerequisites for taking up a policy. Our emphasis will also be on long term life insurance plans. But before we discuss anything further about policies let us first understand the meaning of the term “Insurance”. Y

You might think why does he want to tell us the meaning of the term Insurance? We all know that. But for me this article aims to educate those people who may not know what Insurance and Life insurance is all about. Insurance is an agreement between two parties “insurer” and “insured”. It is a contractual agreement by the insurer and the insured where the insurer undertakes in exchange for a fixed sum called premiums; to pay the other party called insured a fixed amount of money on the occurrence of a certain event. A loss arising out shall be paid from the premium money collected from the insuring public and the insurance company acts as trustees for the amount collected. But why should you take up insurance and why should you spend money on buying the policy. Apart from Tax benefits that it provides it also safeguards your loved ones in the event of any unforeseen happenings. Certain Insurance contracts are also made compulsory by legislation.

For example:-

· Motor Vehicles Act 1988, stipulates that a person driving a vehicle in a public place should hold a valid insurance policy covering ” Act” risks.

· Another example of compulsory insurance pertains to the Environmental Protection Act, wherein a person using or carrying hazardous substances (as defined in the Act) must hold a valid public liability (Act) policy.

You must have seen the famous LIC (Life Insurance Company of India) ad on the television where a character called Mrs. Sharma is seen crying in front of the photograph of Late. Mr. Sharma after their daughters wedding. There is a voice over which says that “Today all your work has been done” but she says that all the real work was done by them when he had purchased the life insurance policy from a reputed Life Insurance Company. This tells us how life insurance policies have helped in securing the future for all our loved ones. It is also shown to be an act of responsibility and that every individual should do it in order to secure future. With the advent of life insurance came other types of insurance and endowment policies such as child endowment and pension plans for the aged. The tax benefits that these policies provide are as follows.

Tax Relief:

1. Under Section 88 of Income Tax Act, a portion of premiums paid for life insurance policies are deducted from tax liability. Similarly, exemption is available for Health Insurance Policy premiums.

2. Money paid as claim including Bonus under a life policy is exempted from payment of Income Tax.

Encourages Savings:

An insurance scheme encourages thrift among individuals. It inculcates the habit of saving compulsorily, unlike other saving instruments, wherein the saved money can be easily withdrawn.

The beneficiaries to an insurance claim amount are protected from the claims of creditors by affecting a valid assignment.

For a policy taken under the MWP Act 1874, (Married Women’s Property Act), a trust is created for wife and children as beneficiaries.

Life Policies are accepted as a security for loan. They can also be surrendered for meeting unexpected emergencies.

So frankly speaking there is no alternative to insurance. With so many benefits in hand I believe that everyone should have one insurance policy because they say “You may not know what the future has in store for you”. Now the question arises from where do you get an insurance policy? There are two ways for this, one is either you approach the company directly or secondly you approach an Insurance agent who will take all the effort of filling in the form and will charge commission on the total sum assured. The commission charges varies depending upon the policy and the number of years the premium is paid. Typically the scenario is this as taken from Wikipedia

+ 35 – 40% for 1st year premium if the premium paying term is more than 20 years

+ 25 – 30% for 1st year premium if the premium paying term is more than 15 years

+ 10 – 15% for 1st year premium if the premium paying term is less than 10 years

+ 7.5% – yr 2 and 3rd year and 5% – thereafter for all premium paying terms.

In case of Mutual fund related – Unit linked policies it varies from 1.5% to 60% on the premium paid.

Agency commission for retail pension policies:

+ 7.5% for 1st year premium and 2.5% thereafter

Maximum broker commission – 30%

Referral fees to banks – Max 55% for regular premium and 10% for single premium. However in any case this fee cannot be more than the agency commission as filed under the product.

But the above structure may change depending upon the market you are into. In India the agent’s commission may differ.

With Bharti Life we offer a full-customized support with a personalized plan for you. Our executives out there to provide you with the best life insurance plans and Long term Life Insurance. Just write to us at service@bharti-axalife.com or Visit http://www.bharti-axalife.com for more info.

Life Insurance Policy FAQs

There are a lot of things that one needs to know about buying a life insurance policy. This list of frequently asked questions on life insurance is an attempt to answer a few such questions.

What is life insurance?

First of all, there are many people who do not know what life insurance is. Life insurance is a protection that is provided to someone?s family in case of his/her death. For instance, if a person is the sole bread winner of the family, his or her family would be forced into hardship if something were to happen to him or her. It is at such a time that a life insurance policy provides for the surviving family.

Do I need to purchase a life insurance policy?

People who do not know much about life insurance also do not know whether they need it. The answer to that is an emphatic yes. No matter how much one earns while alive, there is no guarantee that one would be able to do provide for his or her family after one?s death. Generally, with death, the earnings of a person cease, causing a lot of problems to surviving family members. In such a scenario, life insurance policies become an absolute must for the family.

What are the other benefits of a life insurance policy?

Another reason someone may want a life insurance policy is to secure mortgage loans for their children?s education. Besides, there is also a lot of tax rebates on the money spent on insurance policies and their earnings. Thus, even for those who have money, life insurance can be a very important tool for saving more.

What should be the amount of coverage?

Once somebody has decided to take a policy, one needs to find out what is good for him. Various questions arise about the amount one needs to be insured for, the other factors for purchasing life insurance, and the affordability factor. There are no easy answers to this. One needs to begin by looking at one?s own needs to find an answer. The average expenses of the family, the income earned by the spouse, the age of the children, amount of debt that has been incurred, etc, must be considered. There are many policies, such as endowment plans, that offer benefits even when the policy holder is alive.

Choosing Life Insurance And Home Insurance Can Be Daunting

As one of life’s essential financial products for consumers, insurance – whether it’s home insurance, travel insurance or life insurance – can be overwhelming. After all, in today’s diverse financial market there is a vast variety of insurance products for consumers to choose from. However, before you make your choice, it’s vital to be aware of the options that face you and to shop around for the insurance that best suits you.

Perhaps the two most essential types of insurance are life insurance and home insurance. Choosing life insurance can be a particularly overwhelming experience, so it’s important to equip yourself with the available knowledge before making a decision. For instance, you need to choose whether you’re going to invest in “protection-only” life insurance or “investment-type” life insurance.

Protection-only life insurance will cover you over a specified amount of time; however, if your death occurs after this designated period has passed, then your family won’t receive any payment.

Conversely, investment-type life insurance – also known as whole of life policies or endowment policies – will not only pay out in the event of your death, but will also accumulate in value during your lifetime. Hence, the younger you are when you choose to take out investment-type life insurance, the greater the value it will accrue during your life. Many personal pension schemes, including stakeholder schemes, may come under the umbrella of investment-type life insurance.

Like life insurance another crucial part of making sure your life is adequately protected is home insurance [http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?site=pfs&task=channelFWgroup&value=7391&target=_self] Whether you choose to take out buildings insurance, contents insurance or both, home insurance can make a vital difference to your peace of mind. Over the winter months in particular, home insurance is especially important. For example, only last month, Halifax Home Insurance suggested that homeowners might be threatened by the possibility of burst pipes during the recent cold snap experiences across Britain.

According to Vicky Emmott, a spokesperson for Halifax Home insurance: “Water from a burst pipe within a loft space can very quickly cause damage to plaster ceilings, wall plaster, kitchen units, electrical wiring and decoration…”

With many home insurance companies and high street banks, including Barclays, offering a 24-hour claims helpline and add-ons, such as legal expenses and home emergency cover, there’s no reason for consumers not to take out home insurance to cover any possible damage to their home or home contents.

But whatever type of insurance you’re hoping to buy, make sure you consider all your options carefully before making your final decision. This way, you’ll be sure that your insurance covers aspects of your life that need the most attention, and your long-term benefit will be maximised.

How to Get Affordable Life Insurance in Missouri

As we get older and acquire a family it becomes more and more clear that we need to find affordable life insurance. All of us want to leave our loved ones financially secure if anything unexpected should happen to us, and life insurance is the most certain way of doing that.

The first thing you’ll need to do as you begin your quest for affordable life insurance here in Missouri is to decide which type of life insurance is best for you and your family: term insurance or whole life?

Term insurance looks better initially to many people because it starts out with a lower monthly premium. However, term insurance is only good for a certain number of years (the term of the policy) and after that you will need to renew the policy at a much higher premium rate – and if you should need to renew it again later on, your premium rate will be higher still.

You don’t have that worry with whole life insurance. The premium that you are offered the first time you take out your policy is the same premium you will pay for your entire life. That’s because a whole life policy never expires so long as you continue paying the premiums each month.

But no matter which type of life insurance you choose, the problem of paying the monthly premiums still remains. You need to find ways to make that premium more affordable.

Start by developing a healthy lifestyle. Smoking and being overweight are two things that will almost certainly result in higher premiums for your life insurance month after month, year after year.

Keep your credit rating in good standing. Pay off credit cards and make your payments on time each month. Almost every life insurance company looks at your credit rating when they are determining your monthly premium payment.

If you have a dangerous job or drive a sporty car you can count paying more for your life insurance.

Once you have done as much as you can to keep your rates for life insurance affordable then it is time to go online and look at 3 or more websites that offer to compare life insurance polices and prices from a number of different companies.

Each site will ask for the same basic information, so keep track of what you need to enter. The reason you need to enter all of your information onto at least 3 different sites is because no one site compares the deals you can get from every single life insurance company.

By making comparisons on at least 3 different websites the mix of companies you’ll be comparing should be adequate to make a final judgment as to which offers the most affordable life insurance in Missouri – and you can sleep easy knowing that you and your family are financially secure and that you have saved hundreds or perhaps even thousands of dollars at the same time.

5 Surprising Reasons You Might Want Life Insurance

Below, we’ll explore five times people depend on you, and how life insurance would help if something were to happen to you.

1. You Have Children

The most common reason people get life insurance is to replace lost income, so that a spouse and children would be financially taken care of if either parent were to pass away. Your children aren’t dependent on you for just food and shelter.

2. You’re Married, and …

Even if you don’t have children, your spouse may be reliant on you financially to keep his or her lifestyle intact. Namely, life insurance would help with the following in the event something happened to you:

  • Full financial support: If you have a stay-at-home spouse, he or she may need time to transition back into the workforce. He or she may also require further education to do so. Life insurance helps bridge the financial gap.

3. Your Parents Co-Signed a Loan/Need Your Support

This is where you might really be surprised. After all, your parents are grown and don’t depend on you financially. But there are three ways in which your passing away could be a financial shock:

  • Student loans: If you have private student loans and a parent co-signed on a loan, he or she is depending on you to make your payments and pay back the loan. Otherwise, your co-signer is responsible for the balance (as this woman found out the hard way when her son passed away). This applies to other loans your parents co-signed with you too, like car loans.
  • Old age: Have you discussed with your parents their plan for retirement? Whether or not they’ve said it out loud, many parents hope they can fall back on their successful children in old age. If you were to pass away, they wouldn’t have the safety net they were counting on.
  • Funeral: If you’re single, your parents would likely be responsible for paying for your funeral. Like we mentioned above, a funeral can cost as much as a modest wedding.

4. You Own a Small Business

Would your small business collapse without you? You can take out a life insurance policy to benefit your business partner(s). If you were to pass away, they could buy out your portion of the business and keep it running.

5. You Care for Disabled Family Members

Life insurance is especially important if you’re taking care of someone who is disabled and won’t be able to transition into the workforce.

  • Financial support: If your income is paying for their food, housing and other necessities, life insurance guarantees continued financial support if you die.
  • Care: If you’re providing care to a disabled family member, you may need to pay to continue that same level of care after you pass away.

5 Takeaways That I Learned About Designs

How to Increase Web Site Traffic with Outstanding Web Design

Web sites are incredibly important in the modern world. Company reputations are largely determined by the accessibility of the company web page. Web users will quickly turn away from web sites that lack quality features. Indeed, several internet surfers will simply take their business to a company with a solid web page. For this reason, companies will want to spend a lot of money making sure their web site is competitive. There are many aspects of a web site that will need to be designed properly. Fortunately, web design firms can implement all of the necessary changes to an existing web site. Alternately, web design businesses can provide an exciting new web location for companies.

Web design businesses employ numerous computer experts with an interest in web coding. These internet professionals will craft a web site with intense care. Web design experts will allow extra time to work on the logo of the business. The finished look of the logo can certainly be refined by the web design team. The business logo must be included on the main page of the company web site. The corporate logo is a familiar part of the business. Businesses will want to have a professional logo. Web design firms will be able to place this logo on each page of the web site.

The graphics of a web page are essential. Customers will be bewildered trying to look at a page with confusing graphics. Indeed, most web users will refuse to buy products from a company with shoddy web site graphics. The image communicated by a web page will let customers know how to feel about a given business. Corporations may offer good services, but they will find it impossible to attract customers with a low quality web page.

Graphic design experts usually pay special attention to keeping distractions to a minimum. A preponderance of superfluous graphics will be visually disorienting to internet users. Clients might experience difficult navigating a web page with too many confusing graphics. Because of this possibility, businesses will want to create web pages with easily accessible features.

Web sites can boost the renown of a brand new internet company. Businesses transactions will increase when the corporate web site is simple and easy to use. Customers will enjoy returning to a web site with accessible features. Web design firms will know just what to do to make a company web site look fantastic. Web design firms specialize in cutting down web operating costs. Web design firms will also look to add the company logo wherever possible on the web site. These web design techniques virtually guarantee a boost in company profits.