Buying Insurance - Does it Make Sense?

Buying insurance for everything from automobiles to mortgages has become so commonplace that it is natural to assume insurance is a necessity of modern life. But is it really? Is there a better way to guard against life's unexpected occurrences - and save a lot of money as well? There is if you're willing to practice a bit of planning and self discipline.

To begin with, you have to understand the real purpose of insurance. Many people think it is a way to get some company to pay for unpredictable expenses. In reality, it is primarily a way for you to pay over time. In other words, you pay for that car wreck with ten years of insurance premiums before the damage actually happens, or you pay for ten years afterwards if it happens as soon as you buy the policy.

It is bit different with policies which cover the largest expenses in life, like health costs and homes burning down. Insurance companies really do "spread" the risk among many people in these cases. The cost of your homeowners insurance, for example, will probably never add up to the cost of a destroyed home, and since most homes never are destroyed, you essentially share the risk with all other owners insured by the company - just in case yours is the one to burn (of course the insurance company makes a nice profit for arranging all this).

On the other hand, suppose you buy collision coverage on all the used cars you own in your life. The thousands spent will be far more than any claims made in the life of most people. This makes collision insurance essentially a losing bet.

More than that though, you have to look at the real loss you would suffer versus the payouts on insurance claims - they're not the same. Why? Because we do not act the same when we have someone else paying the bills as when we pay for them ourselves. If you ding your car door on an uninsured used car, you might very well live with it for the life of the car. Cost: 0$ If, however, you have collision coverage, you will have it fixed for $500. In either case, the quality of your life won't change much unless you are really uptight about the appearance of your car.

Buying Insurance - An Alternative

Here's an alternative: Stop buying insurance policies which don't cover life-altering events, and instead put the money you would have spent on premiums in a special account. In this way you'll have some protection of your own, but more than that. If you do not have many expenses that you have to pay for out of your special account, the money left over later in life is yours to keep.

For example, suppose you're paying an extra $500 each year for collision coverage and you have a used car that is only worth $4,000. Put that money into your "emergency account" and unless you have a total wreck every eight years you'll be further ahead. Many accidents are minor in any case, and you can probably afford the occasional $1,000 repair without insurance. Let's put it this way: If you can pay $500 extra for that policy and can't afford a $1,000 surprise, you need budgeting skills more than you need insurance.

You can do the same with renters insurance if the furniture and personal items you would replace in the event of a fire are only worth a few thousand dollars. You can also skip buying any "insurance" policies on electronic devices. Put all the premiums you would have paid for any of these non-essential policies into your emergency fund.

Now, you may need to have insurance on the home you own, and health insurance is a good idea as well, but there are options with these. See how much you can save by raising the deductibles. Again, if you can't afford the first $500 on a health policy, you need budgeting skills more than you need a lower deductible. Put the money saved into that fund as well.

With the money that would have gone to several different policies going instead into your special account, you'll quickly build a little "insurance fund" of your own. Then, instead of buying insurance you don't need and paying more than you ever collect, you'll get whatever is left over when it is time for retirement. A lifetime of saved premiums can add up to a lot even after a few withdrawals for accidents, theft or health issues.

Wealth Accumulation with FREEDOMFLEX®

Saving for retirement has never been easier! With our FREEDOMFLEX® product, we offer you the solution of a financially sound retirement as well as the peace of mind of knowing that in the case of premature death or disability you are covered by a term to age 100 life insurance certificate/policy. FREEDOMFLEX® is a deposit term life insurance product. In the first year, part of your premium is allocated to a modified premium term to age 100 life insurance certificate/policy as well as an optional disability benefit. The remainder of your premium is allocated to an endowment portion of the certificate/policy and matures in 10 years. At the end of 10 years, this additional premium is returned to you at about 260% of its original value, provided the plan is not cancelled before the initial 10 years are up. After the first year, part of your payment is still allocated as required premium for the term life insurance and optional disability benefit. And your remaining premium now goes to work for you in your choice of wealth accumulation vehicles. Wealth accumulation vehicles can be, for example, a no load mutual fund of your choice. Having a choice gives you control over you investment strategies. Which ever option you choose, 100% of your non-life insurance premium dollars goes to work for you. At the end of 10 years youll have the flexibility to determine what is best for you. You may stop payments entirely or continue them for as long as you wish. Depending on your specific ...



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How Do I Choose A Good Insurance Company For My Needs?

It's easy to see which company is least expensive, but when you need them to cover a claim, what kind of job will they do? To put it another way, which is the most reliable insurance company?

Here's some quick tips to help you choose the right insurance company for you.

Visit your state's department of insurance and check consumer complaint ratios and basic rate comparison surveys.


Get in touch with local body medical practitioners you trust and ask which insurance companies they recommend.


Consider contacting an insurance agent for additional information about a particular insurance company.


Check out the financial strength ratings for an insurance company by referring to the A.M. Best and Standard & Poor's ratings.

There's so much to think about when looking for the right insurance company; we've already found the best links below to help you get the right information fast.

The right information can go a long way when you're shopping for car insurance. You can shop for car insurance either online or face to face with a car insurance agent.

Some companies that sell car insurance policies online, as well as the companies that sell car insurance policies traditionally, can make independent decisions about the expenses they incur and the prices of their products. So you might not necessarily get the same quote with the one company either.

When you complete a quote make sure the car insurance company only collects information necessary to provide accurate car insurance quotes. And ensure the information is limited to people involved in processing this information for sales, customer service or claims service.

Also for coverage purposes, sometimes all family members of driving age who are residents of your household might need to be listed on your car insurance policy to protect both you and the insurer. So don't forget to ask and make sure everyone is either covered or excluded.

What is the car insurance definition of an accident?

Accidents include at-fault, not-at-fault, reported and unreported collisions that you, as the driver, were involved in. Not at fault occurrences in which your parked vehicle was damaged in a collision also are considered accidents.

Effect of Liberalisation in Insurance Industry

Introduction

The journey of insurance liberalization process in India is now over seven years old. The first major milestone in this journey has been the passing of Insurance Regulatory and Development Authority Act, 1999. This along with amendments to the Insurance Act 1983, LIC and GIC Acts paves the way for the entry of private players and possibly the privatization of the hitherto public monopolies LIC and GIC. Opening up of insurance to private sector including foreign participation has resulted into various opportunities and challenges.

Concept of Insurance

In our daily life, whenever there is uncertainly there is an involvement of risk. The instinct of security against such risk is one of the basic motivating forces for determining human attitudes. As a sequel to this quest for security, the concept of insurance must have been born. The urge to provide insurance or protection against the loss of life and property must have promoted people to make some sort of sacrifice willingly in order to achieve security through collective co-operation. In this sense, the story of insurance is probably as old as the story of mankind.

Life insurance in particular provides protection to household against the risk of premature death of its income earning member. Life insurance in modern times also provides protection against other life related risks such as that of longevity (i.e. risk of outliving of source of income) and risk of disabled and sickness (health insurance). The products provide for longevity are pensions and annuities (insurance against old age). Non-life insurance provides protection against accidents, property damage, theft and other liabilities. Non-life insurance contracts are typically shorter in duration as compared to life insurance contracts. The bundling together of risk coverage and saving is peculiar of life insurance. Life insurance provides both protection and investment.

Insurance is a boon to business concerns. Insurance provides short range and long range relief. The short-term relief is aimed at protecting the insured from loss of property and life by distributing the loss amongst large number of persons through the medium of professional risk bearers such as insurers. It enables a businessman to face an unforeseen loss and, therefore, he need not worry about the possible loss. The long-range object being the economic and industrial growth of the country by making an investment of huge funds available with insurers in the organized industry and commerce.

General Insurance

Prior to nationalizations of General insurance industry in 1973 the GIC Act was passed in the Parliament in 1971, but it came into effect in 1973. There was 107 General insurance companies including branches of foreign companies operating in the country upon nationalization, these companies were amalgamated and grouped into the following four subsidiaries of GIC such as National Insurance Co.Ltd., Calcutta; The New India Assurance Co. Ltd., Mumbai; The Oriental Insurance Co. Ltd., New Delhi and United India Insurance Co. Ltd., Chennai and Now delinked.

General insurance business in India is broadly divided into fire, marine and miscellaneous GIC apart from directly handling Aviation and Reinsurance business administers the Comprehensive Crop Insurance Scheme, Personal Accident Insurance, Social Security Scheme etc. The GIC and its subsidiaries in keeping with the objective of nationalization to spread the message of insurance far and wide and to provide insurance protection to weaker section of the society are making efforts to design new covers and also to popularize other non-traditional business.

Liberalization of Insurance

The comprehensive regulation of insurance business in India was brought into effect with the enactment of the Insurance Act, 1983. It tried to create a strong and powerful supervision and regulatory authority in the Controller of Insurance with powers to direct, advise, investigate, register and liquidate insurance companies etc. However, consequent upon the nationalization of insurance business, most of the regulatory functions were taken away from the Controller of Insurance and vested in the insurers themselves. The Government of India in 1993 had set up a high powered committee by R.N.Malhotra, former Governor, Reserve Bank of India, to examine the structure of the insurance industry and recommend changes to make it more efficient and competitive keeping in view the structural changes in other parts of the financial system on the country.

Malhotra Committee's Recommendations

The committee submitted its report in January 1994 recommending that private insurers be allowed to co-exist along with government companies like LIC and GIC companies. This recommendation had been prompted by several factors such as need for greater deeper insurance coverage in the economy, and a much a greater scale of mobilization of funds from the economy, and a much a greater scale of mobilization of funds from the economy for infrastructural development. Liberalization of the insurance sector is at least partly driven by fiscal necessity of tapping the big reserve of savings in the economy. Committee's recommendations were as follows:

o Raising the capital base of LIC and GIC up to Rs. 200 crores, half retained by the government and rest sold to the public at large with suitable reservations for its employees.
o Private sector is granted to enter insurance industry with a minimum paid up capital of Rs. 100 crores.
o Foreign insurance be allowed to enter by floating an Indian company preferably a joint venture with Indian partners.
o Steps are initiated to set up a strong and effective insurance regulatory in the form of a statutory autonomous board on the lines of SEBI.
o Limited number of private companies to be allowed in the sector. But no firm is allowed in the sector. But no firm is allowed to operate in both lines of insurance (life or non-life).
o Tariff Advisory Committee (TAC) is delinked form GIC to function as a separate statuary body under necessary supervision by the insurance regulatory authority.
oAll insurance companies be treated on equal footing and governed by the provisions of insurance Act. No special dispensation is given to government companies.
oSetting up of a strong and effective regulatory body with independent source for financing before allowing private companies into sector.

competition to government sector:

Government companies have now to face competition to private sector insurance companies not only in issuing various range of insurance products but also in various aspects in terms of customer service, channels of distribution, effective techniques of selling the products etc. privatization of the insurance sector has opened the doors to innovations in the way business can be transacted.

New age insurance companies are embarking on new concepts and more cost effective way of transacting business. The idea is clear to cater to the maximum business at the lest cost. And slowly with time, the age-old norm prevalent with government companies to expand by setting up branches seems getting lost. Among the techniques that seem to catching up fast as an alternative to cater to the rural and social sector insurance is hub and spoke arrangement. These along with the participants of NGOs and Self Help Group (SHGs) have done with most of the selling of the rural and social sector policies.

The main challenges is from the commercial banks that have vast network of branches. In this regard, it is important to mention here that LIC has entered into an arrangement with Mangalore based Corporations Bank to leverage their infrastructure for mutual benefit with the insurance monolith acquiring a strategic stake 27 per cent, Corporation Bank has decided to abandon its plans of promoting a life insurance company. The bank will act as a corporate agent for LIC in future and receive commission on policies sold through its branches. LIC with its branch network of close to 2100 offices will allow Corporation Bank to set up extension centers. ATMs or branches with in its premises. Corporation Bank would in turn implement an effective Cash Flow Management System for LIC.

IRDA Act, 1999

Preamble of IRDA Act 1999 reads 'An Act to provide for the establishment of an authority to protect the interests of holders of insurance policies, to regulate, to promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto.

Section 14 of IRDA Act, lays the duties, powers and functions of the authority. The powers and functions of the authority. The powers and functions of the Authority shall include the following.

o Issue to the applicant a certificate of registration, to renew, modify withdraw, suspend or cancel such registration.
o To protect the interest of policy holders in all matters concerning nomination of policy, surrender value f policy, insurable interest, settlement of insurance claims, other terms and conditions of contract of insurance.
o Specifying requisite qualification and practical training for insurance intermediates and agents.
o Specifying code of conduct for surveyors and loss assessors.
o Promoting efficiency in the conduct of insurance business
o Promoting and regulating professional regulators connected with the insurance and reinsurance business.
o Specifying the form and manner in which books of accounts will be maintained and statement of accounts rendered by insurers and insurance intermediaries.
o Adjudication of disputes between insurers and intermediates.
o Specifying the percentage of life insurance and general and general business to be undertaken by the insurers in rural or social sectors etc.

Section 25 provides that Insurance Advisory Committee will be constituted and shall consist of not more than 25 members.Section 26 provides that Authority may in consultation with Insurance Advisory Committee make regulations consists with this Act and the rules made there under to carry the purpose of this Act.Section 29 seeks amendment in certain provisions of Insurance Act, 1938 in the manner as set out in First Schedule. The amendments to the Insurance Act are consequential in order to empower IRDA to effectively regulate, promote, and ensure orderly growth of the Insurance industry.

Section 30 & 31seek to amend LIC Act 1956 and GIC Act 1972.

Impact of Liberalization

While nationalized insurance companies have done a commendable job in extending volume of the business opening up of insurance sector to private players was a necessity in the context of liberalization of financial sector. If traditional infrastructural and semipublic goods industries such as banking, airlines, telecom, power etc. have significant private sector presence, continuing state monopoly in provision of insurance was indefensible and therefore, the privatization of insurance has been done as discussed earlier. Its impact has to be seen in the form of creating various opportunities and challenges.

Opportunities

1. Privatization if Insurance was eliminated the monopolistic business of Life Insurance Corporation of India. It may help to cover the wide range of risk in general insurance and also in life insurance. It helps to introduce new range of products.
2. It would also result in better customer services and help improve the variety and price of insurance products.
3. The entry of new player would speed up the spread of both life and general insurance. It will increase the insurance penetration and measure of density.
4. Entry of private players will ensure the mobilization of funds that can be utilized for the purpose of infrastructure development.
5. Allowing of commercial banks into insurance business will help to mobilization of funds from the rural areas because of the availability of vast branches of the banks.
6. Most important not the least tremendous employment opportunities will be created in the field of insurance which is a burning problem of the presence day today issues.

Current Scenario

After opening up of insurance in private sector, various leading private companies including joint ventures have entered the fields of insurance both life and non-life business. Tata - AIG, Birla Sun life, HDFC standard life Insurance, Reliance General Insurance, Royal Sundaram Alliance Insurance, Bajaj Auto Alliance, IFFCO Tokio General Insurance, INA Vysya Life Insurance, SBI Life Insurance, Dabur CJU Life Insurance and Max New York Life. SBI Life insurance has launched three products Sanjeevan, Sukhjeevan and Young Sanjeevan so far and it has already sold 320 policies under its plan.

Conclusion

From the above discussion we can conclude that the entry of private players in insurance business needful and justifiable in order to enhance the efficiency of operations, achieving greater density and insurance coverage in the country and for a greater mobilization of long term savings for long gestation infrastructure prefects. New players should not be treat as rivalries to government companies, but they can supplement in achieving the objective of growth of insurance business in india.

Mass Mutual the Journey

The Mass Mutual the Journey company has low rates and amazing customer service. They only charges 200 dollars for a deductible. They also only charges 25 dollars for doctor visits and only $10 dollars for prescriptions to be filled. They have an insurance package for people of every age group. They help those who are going through divorces, getting married, having children, and those who are experiencing a death in the family. They also has an amazing 529 ways college students can save their money or their parents money. The company also helps those who are on disability and also those who own small businesses.

They also has some great rankings. Their Mass Mutual financial information consists of high rankings at an A++. Their mutual financial rankings state that they received an A++ for A.M Best Company, Moody's Investor Services, Fitch Ratings, and Standard's and Poor's.

They have also helped many organizations in the community. They have helped companies such as the New York Women's Film and Television, Springfield Falcons, The Gillette Stadium, The Basketball Hall of Fame, and the Tiger Woods Learning Center just to name a few. They not only cares about their community by supporting and donating their time and money, but it also helps Mass Mutual Journey establish great brand awareness within the community too.

One thing to be careful of is insurance scammers though. People who tend to get scammed the most are usually the elderly, the retired, and those who own small business. The top three red flags that should be the most noticeable are companies who fail to pay their claims, non-licensed health plans, and unusual coverage plans at unusually low rates. The best way to figure if things don't match up is to search the internet for a while and browse for the perfect insurance plans that meet your individual needs. There should be many blogs and reviews where consumers just like you have chosen to speak up on the services they received from the companies they choose to go with. If there is any uneasy feeling you get when researching an insurance company, then odds are your gut instinct is probably right and you should continue shopping around. I, however, think your shopping ends once you have researched and looked over all the packages they have to offer. To sum it up I really do not think you will find a company that cares more about their customers. I mean with ratings as high as Mass Mutual it just goes to show you that the "proof is in the pudding" as some would say. When a company receives such high recognition it usually goes to show they are committed to making good on their word and follow through with commitments. Every customer wants the cheapest rate for the most and with Mass Mutual, you get it.

How to Get Cheap Health Insurance Online in Virginia

Comparison shopping is a must whether you are looking for a new car or a television set. The same is true of your health insurance policy and residents of Virginia can now do that shopping online. If you want to compare low cost health insurance in Virginia, there's a fairly easy way to do it.

Most insurance companies have sat up and taken notice of the benefit of having a website. These health insurance company websites are a great tool for anyone in the market for coverage. Not only do they allow the consumer the opportunity to get a free quote but they also provide lots of information related to the different types of coverage.

People who live in Virginia can also access the website of the Bureau of Insurance but they shouldn't expect to learn which health insurance company is rated the best in the state. This is really a decision the consumer has to make on their own through the process of research.

Spending some time perusing the various websites of insurance companies in the state will yield a lot of good information. In addition, many companies offer either a number to call to get a no-obligation quote for health insurance or they may even have access to that online. When a consumer has a few quotes in front of them it allows them to see which company offers the cheapest rates for the coverage they absolutely need.

When it's time to renew the policy, getting back on the Internet to gather new quotes is always recommended. Health insurance companies do change their rates from time to time and if you've had a change in your circumstances as well it may be beneficial for you to switch providers instead of renewing with your current one. The Internet is obviously a great resource when it comes to finding and buying health insurance in Virginia.

Business Ethics

There is much talk today about ethics in business - as there should be, but there should be more than talk; there should be a high moral code for all executives who are responsible to both their customers and their shareholders.

I have been the president and CEO of one publicly owned company and also was president of another that was responsible to customers who traded equities. This carries a high responsibility to all concerned. You have to be more than worried if you do something wrong because you will go to jail. You must have the desire to try to always do your best for everyone who works for you as well as all the customers or investors that deal with your company.

Ethics is supposed to be either black or white, right or wrong, but today it is many shades of grey. If any company does shady business you can be sure it starts at the top and filters down because the president is the one who sets the example for the actions of the entire company. This is as true for actions of our elected officials as it is for corporations or individuals. We have had some pretty sorry examples of that in Washington.

Each time there is a new scandal the public seems less disturbed. The recent disclosure that mutual funds have been allowing hedge funds and other large traders to take positions after the closing bell is a brutal example. Maybe investors are not aware that someone is writing checks on their account. This is stolen money that is no different than a guy with a gun holding up a 7-11 store. Yes, the one difference is that the mutual funds have allowed millions of dollars to be siphoned off from those to whom they owed a fiduciary relationship. The fund manager is a crook and deserves jail time. He just took the money with a click of the computer keyboard and that was his weapon. White collar crime deserves the same punishment as the guy with a gun.

When you give a brokerage company, a mutual fund or any financial institution your money you expect, in fact, you demand, that they treat you fairly within the rules of the industry. When you are short-changed you should not accept it.

Because of the huge amounts of money available and accessible to people in the financial industry it is easy to understand how they can be tempted into criminal actions. That is why all publicly traded companies are required to have their books audited annually. Lately we have seen that even these audits are tainted.

Investors rely upon the numbers set before them in order to make decisions about owning stock in a company. If the information is dishonest a proper decision cannot be made.

Today we are seeing another type of corporate officer being created. He is called the Governance Officer. It is his job to see that the company maintains high ethical standards. I applaud this action and hope he cannot be seduced by big bucks.

Market Globalization

Just 30 years ago the stock market was a shadow of what it is today. There were many fewer shareholders and the daily volume was a fraction of what it is at present. No one thought you would every be able to trade a billion or more shares in one day. Of course that was in the old days when they had tickers and the word digital was something you did with your fingers.

Now we have world markets. There seems to be a stock exchange in almost every country. Did you know there is a stock exchange (of sorts) in Baghdad? I have not heard if they are back in business now that the war is over.

It is kind of amazing that with all these new traders and with all the varied stocks in every part of the globe that market mechanics would have changed. They have not.

As a technical analyst and trader (I was an exchange member and floor trader for 17 years) I still see the same trading patterns I saw 30 years ago. Wouldn't you think with this tremendous expansion that something would be different? It isn't. Why?

The reason is very simple. People don't change. The basics of the market - fear and greed - still dominate. Emotions have not differed in thousands of years. As far back as recorded history people have reacted in almost the same way.

The emotions of traders can be plotted and you can see it in the charts that are printed out each day to show the price action of the market. Once an upward trend sets in people begin to buy, putting the market higher attracting more buyers until the greater fool application has run its course.

In the years I have been trading I have seen many new technical indicators. When you think about it almost all of them are based on the emotions of the mass of investors, even such simple indicators as moving averages. As a continuing student of the market I have studied and have used many of them. I don't know any successful investor who does not use them.

A broker or financial planner who does know understand and use these indicators is doomed to failure. If anyone in the financial field every says they don't work you can be sure he is a loser because he has not taken the time to learn his trade. He is worse than a carpenter who does not know how to use a hammer and saw.

A good technician can go to any exchange in the world, not know the language and still make money.

Stock charts are like EKGs that doctors read to see how your heart is doing. Some doctors can understand them and other have not learned.

The basic principles of trading have not changed over the years even though the market is many times larger than it was because people have not changed. Whether you invest on your local exchange or globally everything remains the same.

Information About Long Term Care Insurance Premiums

The cost of any long term care plan will vary and will be based on your age at time of purchase, the coverage you want and the type of asset protection you have selected. The premiums increase as a person ages. An example would be that a person age 50 purchasing a policy might pay $1300.00 per year. The same plan purchased at age 65 would cost about $2600.00 per year. So, if it is financially feasible, buying long term care insurance is best if purchased earlier in life. Long term care insurance premiums need to be affordable before you even consider purchasing a policy.

Some insurance providers offer special premium rates to people who want to save money on their monthly premiums. Eligible individuals can get discounts and preferential rates under certain circumstances. Some companies give discounts if both the husband and wife purchase a long term care plan with them. They also give discounts for being in good health, being married, and if someone else in your household (not your spouse) purchases a plan. Other ways that companies help you save money are if you are a member of a qualifying association group, if you purchase your policy through your workplace or if you purchase it in addition to your Medicare supplemental plan. Checking with your insurance provider is the best way to determine if you qualify for any special rates or discounts.

Your insurance company is always willing to work with you to get the best coverage you can afford. The cost of your premium will be the most important deciding factor when it's time to purchase a long term care policy. It may be that you absolutely do not have the extra funds available now and it would put a financial hardship on you to pay any amount. In that case, then long term insurance is not for you (at least at this time.) You may find yourself in a better position to make monthly premium payments at some later date. If so, then be prepared to pay more for the insurance you want but at least you won't be struggling to pay your other financial obligations. Long term care insurance premiums can be managed successfully if you plan wisely.

Met Life

The company met life has been around for over 140 years. The met life company sells consumers insurance. You may choose to pick term or permanent insurance through met life. The difference between the two is that term is only a short fix. You can select anywhere from 10-30 year segments. Or if you want you can request a shorter period for your convenience. Permanent insurance is actually for the individual's entire lifetime. If you purchase insurance through met life you can easily switch from term to permanent hassle free. The met life company does not ask you any medical question and met life does not ask you to get another physical. You can do the switch very fast and free of any complications.

The met insurance program is ideal for anyone in the insurance market. You can pay met insurance a low price of $20 dollars a month and receive a $500,000 dollar life insurance policy. The met insurance company offers customers financial assistance in any aspect of their busy lives. They help you with debt you may have accumulated over the years with your college students. They also help you financially with taxes and real estate fees many have after purchasing a vacation home.

After researching the met insurance company I also found it is a great company to work for as well. The metlife career department offers positions in corporate communications, customer relations, corporate services,, financial products and services, insurance, and technology. If you want a metlife career all you have to do is visit their homepage and click on the career button. The application process for the metlife career minded individual is very easy and fast. So not only does the company offer amazing insurance policies at low prices and employees that work for them love it, but they also have an amazing image in their community. They sponsor many foundations and organizations and by doing so they are also allowing their brand image to be recognized. I promise you after searching for the best insurance policies geared towards your personal needs and or wants you will be best friends with the internet. You will learn not only that some people are scammers (which please beware and take precautions not to get caught up in that) but you will also learn valuable information from people just like yourself. People type in blogs and on consumer review boards their thoughts, opinions, and any other comment they wish others to see.

Sometimes people write amazing things and really make you want to go with the company they choose (like Met Life for instance) but others will write negative thoughts and comments to allow people such as yourself to be aware of what you would be getting yourself into (sometimes it's a real mess) and they only are looking out for your best interest so that what happened to them may not happen to you. It is a really great way to shop for anything, but especially life insurance, that is nothing to mess around with.

The Taboo Subject of Life Insurance

Life insurance is a tough subject to think about. It only takes a coastal walk along a sheer cliff-top, or a near miss on the drive home from work to realize that it probably is something one should consider sooner rather than later, especially in regards to the fact that the younger and healthier you are, the cheaper your premiums will be. The real problem with life insurance is, well, it's never fun.

Car insurance is equally dull. But because it is the law to be insured, the majority of drivers get on with it and make sure their policy is up to date. That said, unlike the history of life insurance, the history of car insurance is sprinkled with many humorous stories of stupid people claiming for stupid things. Some claims forms have featured such absurdities as: 'I had been driving for forty years when I fell asleep at the wheel and had an accident.' And: 'On approach to the traffic lights the car in front suddenly broke.' And my personal favourite: 'The accident occurred when I was attempting to bring my car out of a skid by steering it into the other vehicle.'

In terms of humorous home insurance claims, there is the famous story (sadly later proved to be fiction) of the man who insured 24 particularly expensive cigars, smoked them, and then attempted to claim his insurance because they had been destroyed by fire. He succeeded in court, but once he'd cashed his cheque, the insurance company sued him for arson.

Back to reality though, and the claim of Philip Clough. After shoving some washing into his machine before going away for the weekend, he returned to find the machine still spinning on a boil wash. The insurance company subsequently denied payment because they believed their policy didn't cover steam damage. Luckily for Clough though, the courts saw things differently on grounds that steam is H2O, just as water is.

Although ironic, it seems to me that if the general public were to learn to laugh about life insurance, then maybe people would be able to think about it more seriously. Quite frankly, who wants to contemplate what's going to happen after you've gone? It is almost a taboo subject for some people, unless it comes up during conversations about fraud or disease, it seems barely interesting at all and thus less at the forefront of our collective imagination. But the really funny thing is that it is the only policy that is pretty much certain to be paid out.

HUMMING BIRD SANCTUARY

THE NEWS MAGAZINE OF THE SCREEN BY PATHÉ NEWS is presented as public service - and special service to the students of Central and Western Massachusetts by Massachusetts Mutual LIFE INSURANCE COMPANY SPRINGFIELD, MASSACHUSETTS ORGANIZED 1851 DISTRIBUTED BY OFFICE OF COMMUNICATIONS MASSACHUSETTS DEPARTAMENT OF EDUCATION. THE WORLD IN THE CAMERA PARTICIPE: arletecurty.multiply.com www.orkut.com



http://www.youtube.com/watch?v=fAgN5dC-BAs&hl=en

Professional Indemnity Insurance is the Best Choice For Work Related Insurance

Most of the professionals work tirelessly for our clients, advising, creating, managing or simply mentoring to bring about the best results. These results are brought about by first understanding the requirements of the client and then their expectations they have about the services we provide. Then these professionals, who can be employed in a firm or self-employed, offer their services in order to match up to the expectations of the client. Most of the times it is a smooth sailing and other times with some hiccups the professionals are able to touch the finish lines. At such times one may not think about buying professional indemnity insurance since the individuals is sure about himself and the client. But this mutual trust may not apply for all the clients.

There are some instances where the service delivery is absolutely not up to the mark and the client is really unhappy. At such times the payments are withheld or penalties are charged and further work is stopped. There are a few who go the extra mile and take the provider to court over the financial loss due to the delivery of service. As a professional you should be prepared for these few occasions since the demand of time and money is really high. Professional indemnity insurance can be your best aid at such times of distress. It provides adequate cover for the out of court claims made for compensation against you. In case the client proceeds to the court then the expense of the litigation and the final payment if any is also taken care.

As you would have understood, this is a complex insurance cover. You should disclose all the facts about the kinds of projects you undertake and the clients that you deal with. This information is vital in the company providing professional indemnity insurance to accurately understand the risk and price it. This will also allow the insurance company to correctly fix up a coverage amount for you. The professional indemnity insurance would cover the following risks for you:

o Claims made for negligent act, omissions or errors
o Infringement of intellectual property rights, like trade mark.
o Acts of dishonesty by anyone employed or contracted by you
o Loss of data or documents
o Any attempt of defamation.
o Some also cover the civil liability

The level of cover assigned to you in professional indemnity insurance would depend upon:

o Size of the project contract and the client being handled.
o Potential cost of defense
o The total compensation that may be awarded against you

The truth is such claims are being made everyday, some, you are aware of, and some you are not. The reality is that since it has not happened to you hence the danger seems far away. It would therefore be wise for you and your business to have such a cover at your side which immune you sudden financial jolt such as these.

SHAME ON YOU: Rep. Speier To You Mr. Sullivan,. Chairman Waxman's Eric R. Dinallo, Superintendent, NY State Insurance Dept, Lynn E. Turner, arch accountant, Securities Exchange Commission Robert B. Willumstad, CEO, Martin J. Sullivan, CEO, AIG

Obaid Karki An Outcast Underdog Libertarian Diogenesist Kabbalist Spinoziste Qutbist Pantheon Hexalingual Automath Former UAE Under Secretary Independent Street-Knowledge Urban Talking-head. Unaffiliated to a State, an Organized Religion Group, a Sect or a Kin and an Anti Tribal Gentile. Every phrase is an earnest verdict. Thats my bio. If you dont agree with me thats an honor. It is immoral to appease to please. My word hurts big time because it is quality of a moment of truth US Conspiracism is a Grassroot Religion alas belief masterminded by the Establishment to Worthy the Worthless. This in-thing is sold as Partisanship to the Unemployables for free. Its the Disneyfication of the Mass to glorify a Legacy of Ghosts as Rothchild, Bilderberg, English royalty etc. Neither Mainstream Media & nor Hollywood or the Publisher's Clan would be outsourced to such task simply because they are assigned to edutain the Untalentable Aristocrat Urban Parasites. AIG American International Group, Inc. (NYSE) Google Finance Yahoo Finance MSN Money AOL Finance CNN Money Reuters 3.51 0.36 ( 9.30%) 7 Oct 4:00pm ET Open: 4.22 High: 4.22 Low: 3.51 Volume: 90285327 Avg Vol: 218654000 Mkt Cap: 9.44B Disclaimer After Hours: 3.54 +0.03 (0.85%) 7 Oct 7:59pm ET Crisis strengthens Manulife's hand in AIG bid Manulife and other insurers are expected to bid for AIG divisions as early as this week, they said. The American insurance giant is under pressure to sell Former AIG Executives Get Harsh Criticism ...



http://www.youtube.com/watch?v=jK4_rDGEXZs&hl=en

SHAME ON YOU: Rep. Speier To You Mr. Sullivan,. Chairman Waxman's Eric R. Dinallo, Superintendent, NY State Insurance Dept, Lynn E. Turner, arch accountant, Securities Exchange Commission Robert B. Willumstad, CEO, Martin J. Sullivan, CEO, AIG

Obaid Karki An Outcast Underdog Libertarian Diogenesist Kabbalist Spinoziste Qutbist Pantheon Hexalingual Automath Former UAE Under Secretary Independent Street-Knowledge Urban Talking-head. Unaffiliated to a State, an Organized Religion Group, a Sect or a Kin and an Anti Tribal Gentile. Every phrase is an earnest verdict. Thats my bio. If you dont agree with me thats an honor. It is immoral to appease to please. My word hurts big time because it is quality of a moment of truth US Conspiracism is a Grassroot Religion alas belief masterminded by the Establishment to Worthy the Worthless. This in-thing is sold as Partisanship to the Unemployables for free. Its the Disneyfication of the Mass to glorify a Legacy of Ghosts as Rothchild, Bilderberg, English royalty etc. Neither Mainstream Media & nor Hollywood or the Publisher's Clan would be outsourced to such task simply because they are assigned to edutain the Untalentable Aristocrat Urban Parasites. AIG American International Group, Inc. (NYSE) Google Finance Yahoo Finance MSN Money AOL Finance CNN Money Reuters 3.51 0.36 ( 9.30%) 7 Oct 4:00pm ET Open: 4.22 High: 4.22 Low: 3.51 Volume: 90285327 Avg Vol: 218654000 Mkt Cap: 9.44B Disclaimer After Hours: 3.54 +0.03 (0.85%) 7 Oct 7:59pm ET Crisis strengthens Manulife's hand in AIG bid Manulife and other insurers are expected to bid for AIG divisions as early as this week, they said. The American insurance giant is under pressure to sell Former AIG Executives Get Harsh Criticism ...



http://www.youtube.com/watch?v=jK4_rDGEXZs&hl=en

Combine Home Insurance With Auto Insurance For Big Savings

Whether it is home, health, life, or car insurance, the monthly premiums we pay takes a big bite out of our pay checks. It seems as though that much of our income is now being spent on insurance. As well, we often end up with many different insurance providers which can be frustrating and confusing. Realizing how complicated and annoying it can be to have many insurance providers as well as the costs of paying so many premiums, insurance companies have come up with practical ways for consumers to lower their insurance costs. One way to cut down on the number of providers and save money is to combine your auto insurance and home insurance into one policy.

For most people, at some point in life, they will own both a vehicle and a home at the same time. Combining home and auto insurance from one insurer will reduce the amount people pay on their monthly premiums for each type of insurance. Often they can save hundreds and even thousands of dollars a year. Many insurance experts estimate that consumers can save between 15% - 20% on their insurance costs when they combine their auto and home policies.

Most insurance providers now provide discounts to customers who buy both home and auto insurance together from their company. Not only will home insurance provide coverage for the home according to the details outlined in the policy, but a homeowner will also have auto coverage for their vehicle. Depending on their policy, this can include collision, liability, comprehensive...etc.

Another great benefit of combining of combining auto and home insurance policies is you will only have one deductible to pay. When you have individual insurance policies, having more than one deductible can really add up. For instance, you could have a home insurance deductible of $1000.00 and a car insurance deductible for $500.00. With one insurance package, you will have one cheaper deductible to pay in the event you have to make a claim.

The best way to get inexpensive home and auto insurance is to comparison shop using an online comparison quote tool. There are insurance resource sites that allow users to request quotes from several different insurance providers. It is a fast and easy way to find the cheapest home and auto insurance policy. However, it is important not to sacrifice essential coverage to save money. When you search for insurance online, you will not have to worry about obligations or high pressure sales tactics.

If you have a vehicle and home, you need to make sure you are protected by having the right amount of insurance. Unfortunately, with so many different insurance policies available, it has become quite expensive to get all of the essential insurance from a variety of different providers. As well, the economy is still unstable so most people are still sticking to their tight budgets. Combining your home and auto insurance policy is one way to cut down on your insurance costs and put more money back in your wallet.

Lec 17 | MIT 3.091 Introduction to Solid State Chemistry

X-ray Spectra, Bragg's Law View the complete course at: ocw.mit.edu License: Creative Commons BY-NC-SA More information at ocw.mit.edu More courses at ocw.mit.edu



http://www.youtube.com/watch?v=CdBoRHRRG1A&hl=en

Davos Annual Meeting 2010 - The Global Agenda 2010: The View from Davos

www.weforum.org 31.01.2010 Experts from over 70 Global Agenda Councils in a brainstorming session to map the critical global issues that emerged from the World Economic Forum Annual Meeting 2010 Chaired by Nik Gowing, Main Presenter, BBC World News, United Kingdom



http://www.youtube.com/watch?v=1M6KuFF87t8&hl=en

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.

Mass Mutual Moon Festival 萬通互惠理財獻上大型月餅表祝福

萬通互惠理財為華裔社區獻上大型月餅表祝福[紐約訊] 9月17日--- Massachusetts Mutual Life Insurance Company （MassMutual---萬通互惠理財）於2010年9月17日上午11點30分至下午1點30分在位於紐約市皇后區法拉盛的飛越皇后購物中心2樓宴會聽舉行了中秋節慶祝活動．活動上，萬通互惠理財向華裔社區獻上精心組成的大型月餅以表達公司對於中華文化的深刻理解和尊重． 這特製組成的大型月餅由萬通互惠理財與麗心餅屋合作完成．麗心餅屋對能夠參與這次十分有紀念意義的活動也感到非常激動和榮幸．他們通過將近千個月餅精心地疊放在一起最終完成了這個6英寸高，4英尺寬的大型月餅． "中秋佳節將至，我們選擇將這個特製的大月餅作為禮物有其象徵意義--這塊大月餅正象徵著華裔社區在美國所表現出來的實力與重要性．我們也真切地希望我們可以通過這次活動向華裔社區展現我們對他們的支持和貢獻．＂萬通互惠理財Advanced Wealth Solutions Group 總裁暨執行長Winston T. Wei 表示． 活動上，在座的每一位嘉賓都品嚐到了這塊有著象徵意義的大月餅，分享著它所帶來的節日喜悅；同時，大家也感受到了萬通互惠理財那份為構建更強健的華裔社區關係做出的承諾． 對於萬通互惠理財來說, 齊心合力共同為一份承諾作出努力並非首度. 159年以來, 萬通互惠理財克服了時代所帶來的挑戰, 其良好的聲譽和信譽也隨之在人們的印象中愈發深刻. 在最新的2010年5月3 日財富雜誌(Fortune Magazine) 財富500強年度排名中，萬通互惠在全美最大的公司中排名第93位。 公司的互惠結構對萬通互惠理財來說顯然是其優勢所在. 萬通互惠理財不僅由保單持有人共同擁有並且以追求保單持有人的利益為經營準. 保單持有人可獲得年度紅利回報，這是萬通互惠理財從1860 年代便開始提供的一項重要優勢。 此外,作為一家互惠公司, 萬通互惠理財不需要將過多精力用 ...



http://www.youtube.com/watch?v=aRg_WqcTYlU&hl=en

Suze Orman at Google

Suze visits the Google campus to talk about making the most of your money.



http://www.youtube.com/watch?v=XzP866dtoe4&hl=en

Save! The Game, accessible in the iTunes™ Store

Save! The Game is a free application by MassMutual for the iPhone® and iPod Touch®. It is meant to help teach children about the values of saving money in a fun and interactive way. To share this game with your family, download it from the iTunes™ Store. For more information, visit MassMutual.com/familyfinances. Apple®, iPod touch®, and iTunes™ are trademarks of Apple, Inc., registered in the US and other countries. iPhone® is a trademark of Apple,Inc. App Store is a service mark of Apple, Inc. Content purchased from the iTunes Store is for personal lawful use only. Don't steal music.



http://www.youtube.com/watch?v=BUGGP2Ng6oA&hl=en