Showing posts with label time. Show all posts
Showing posts with label time. Show all posts
Saturday, May 6, 2017
Key tips for first time life insurance buyers
Key tips for first time life insurance buyers
Looking to buy life insurance for the first time? If so, youre probably asking yourself questions such as "How much do I need?", "What kind of policy is best?" and "Which company should I buy from?" Theres no question buying life insurance for the first time, like any other new experience, can be more than a bit daunting. Below are six important tips that we hope will make the process smoother, eliminating frustrating false starts and unnecessary bumps in the road.
- UNDERSTAND WHY YOU NEED IT.
While most people may need life insurance at some point in their life, dont buy a policy just because you heard it was a good idea.
Life insurance is designed to provide families with financial security in the event of the death of a spouse or parent. Life insurance protection can help pay for mortgages, a college education, help to fund retirement, provide charitable bequests, and, of course, is a key element in estate planning. In short, if others depend on your income for support, you should strongly consider life insurance.
Even if you dont have any of these needs immediately, you still may want to consider purchasing a small "starter" policy, if you anticipate you will have them in the future. The reason: The younger you are, the less expensive life insurance will be. - DETERMINE THE AMOUNT OF COVERAGE YOU NEED.
The amount of money your family or heirs will receive after your death is called a death benefit. To determine the proper amount of life insurance, online calculators can be helpful. You can also get a ballpark figure using any number of formulas. The easiest way is to simply take your annual salary and multiply by 8.
A more detailed method is to add up the monthly expenses your family will incur after your death. Remember to include the one-time expenses at death and the ongoing expenses such as a mortgage or school bills. Take the ongoing expenses and divide by .07. That indicates youll want a lump sum of money earning approximately 7% each year to pay those ongoing expenses. Add to that amount any money youll need to cover one-time expenses, and youll have a rough estimate of the amount of life insurance you need.
As useful as calculators and rough estimates are, there are some things they dont do.
They cannot provide you with any final answers. Calculators only allow you to perform "hypotheticals," recalculating and generating new results as you make and input new assumptions. Using these tools and educating yourself on the workings of life insurance and other financial products, however, can help you feel more comfortable when discussing your needs with such professionals as a New York Life agent.
You can use any number of planning tools to get an idea of the amount of coverage you’ll need for your policy. Use our online calculator, for example, or use a formula to figure out how much you need. An easy place to start is by multiplying your annual income by the number of years left before your retirement benefits kick in. - FIND THE RIGHT TYPE OF POLICY.
Once you figure out how much coverage youll need, you can think about the best kind of policy to meet your needs.
You have two main options: term life, for a more affordable premium, or permanent life, for more comprehensive coverage that can add cash value. But you have a lot of options to explore. - LOOK AT THE QUALITY OF THE PROVIDER.
An insurance policy is only as good as the company that backs it.
You want to make sure you choose a company you can rely on to be around for as long as youll need your coverage, and which invests your premium in a highly prudent manner in order to pay the claims of its policyholders. - CONSULT A FINANCIAL PROFESSIONAL.
A financial professional can help you factor in financial considerations, your needs, and your familys needs. - INCREASE YOUR VOCABULARY.
Life insurance can be confusing, with terms like "premium," "dividend," "beneficiary," and many more.
We have put together a glossary of these terms to help you understand this whole process better.
3 Tips for Buying Life Insurance for the First Time
Buying life insurance can be scary! You’ll see endless options in any insurance guide which can be dizzying. Also, you’ll be forced to think about your own death during the evaluation process which, as you can imagine, is never fun. Since this process can lead to high stress, you will want to be prepared and ready to move through it efficiently and effectively without making any errors. Once you purchase the right life insurance policy, you will feel much better about your current situation, as well as the financial safety of your family should you pass away.
The 3 tips below are geared towards first-time life insurance buyers. That being said, anybody in the market for a policy can take advantage of this advice:
1. Find the right type of policy. Many first-time buyers think that all life insurance policies are the same. Nothing could be further from the truth. The two main types of policies are whole and term. You will also come across less common options, including universal and variable life insurance. To be sure of your decision, consider them all.
Whole life insurance covers you until the day you die. When you pass on, your beneficiary will receive your death benefit. With term life insurance, you are only covered for a specified period of time. If you outlive a term life insurance policy, it expires and nobody receives your death benefit. At this point, you will either purchase another term policy or do without.
2. How much coverage do you need? Along with the type of policy, you need to consider how much coverage you need. Some experts suggest that your death benefit be at least six to eight times your annual salary. So, if you earn $100k per year, you should have a life insurance policy worth at least $600k. While this sounds multiple of annual salary sounds good in theory, it can be difficult to stick with this formula. Do you really need this much coverage? Do you need more than this? Does it fit in with your budget?
Nobody really knows for sure how much life insurance coverage they need. While you can use a standard multiplier as a starting point, you should discuss this with your family and financial advisor to determine the proper amount. This aspect can vary a lot based on the person’s unique situation.
3. Which company are you going to buy from? This is a detail that is constantly overlooked. Some consumers think that all life insurance companies are created equal. This is not the case now, and never will be in the future. Simply put, a life insurance policy is only as good as the company that you buy from. There are several agencies that rate insurance companies based on quality of investments, financial standing, and other related details. The four major rating services include: A.M. Best, Fitch, Moody’s, and Standard and Poor’s. Among other things, you want to make sure you are not paying too much for your insurance.
As a recent first time buyer of life insurance, these are the three areas where I focused most of my time and attention. While there are other more complex issues to consider as you get deeper into the process, these are the three key areas that you need to be very cognizant of when making your decision.
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Saturday, March 25, 2017
How to Automatically Shut Down Your Computer at a Specified Time
How to Automatically Shut Down Your Computer at a Specified Time
How to Automatically Shut Down Your Computer at a Specified Time
Do you always forget to switch off your computer before going to bed, or just forget to look at the clock while youre working? This article will tell you how to get your computer to shut down at a time specified by you.
Using the Task Scheduler
1.Open the Task Scheduler. This option is available in Windows 7 and Windows 8. In Windows 7, click Start ? Control Panel ? System and Security ? Administrative Tools ? Task Scheduler. In Windows 8, press the ? Win key, type "schedule tasks", and select "Schedule tasks" from the search results.
2.Click "Create Basic Task". This option is available in the Actions menu on the right side of the window. You will need to give the task a name and description. Name it something easy to remember, such as "Shutdown Timer". Click Next > to continue.
3.Choose the frequency. Select the "Daily" option on the "Task Trigger" page and click Next >. Choose the time you want your computer to shut down each night. Leave the "Recur ever: X days" setting to "1". Click Next >.
4.Choose "Start a program". This option will be on the "Action" screen and should be automatically selected. Click the Next > button to proceed.
5.Enter the location for the shutdown program. When Windows shuts down, it actually runs a shutdown program. In the "Program/script" field, typeC:WindowsSystem32shutdown.exe.
- In the "Arguments" filed, type /s. Click Next >.
6.Review your settings. In the Summary screen, review your settings to make sure that you have selected the correct day. Click the Finish button to save the task. Your computer will now shut down at that specified time each day.
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Friday, March 17, 2017
Right time for Shiv Sena to break friendship with BJP
Right time for Shiv Sena to break friendship with BJP
Right time for Shiv Sena to break friendship with BJP
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Friday, March 10, 2017
Talk Time Loan Kaise Lete Hai Kisi Bhi Sim Card Me
Talk Time Loan Kaise Lete Hai Kisi Bhi Sim Card Me
Talk Time Loan Kaise Lete Hai Kisi Bhi Sim Card Me
Kisi Bhi Sim Card Me Talk Time Loan Kaise Lete Hai
Hello dosto agar aapke mobile me balance khatam ho jaye aur aapko kisi se important chat karna hai to aap kya karenge us time aap apne mobile me balance loan le sakte hai aaj mai aapko is post me mai aapko kisi bhi sim card mobile me balance loan lene ke bare me batane wala hu aur dosto mobile me loan lene se pehle aapko bata deta hu ki aap jab apne mobile me loan lenge to aapko uske badle kuch extra charge pay karna padta hai aur use pehle aapko bata deta hu ki aapke sim card me loan lene se pehle aapke sim card ko 80 days old hona chahiye nahi to sayad aapke mobile me loan naa bhi mile lekin aap try kar sakte hai
How To Take Loan In Mobile
aapko jyada extra charge nahi dena padta hai bas rs 2 ya 2.50 aise hi kuch extra charge dena padta hai aur mai aapko bata deta hu ki sabse pehle india me airtel operator ne 2009 me loan dene ki service chalu kiya tha uske baki ye sab operator ne bhi mobile me loan dene ki service start kar diya mai aapko Yaha par ye sab operators me talktime loan lene ke bare me batane wala hu
Talk Time Loan Kaise Lete Hai Kisi Bhi Sim Card Me
Sim card Me Talk time Loan Kaise Lete Hai
AIRTEL
IDEA
BSNL
VODAFONE
AIRCEL
DOCOMO
UNINIR-TELENOR
RELIANCE
How To Take Loan In Airtel
Aapko Apne Mobile Me *141# Dial karna hai uske bad aapko loan ka option mil jayega steps follow karke aapke mobile me 10 ka loan mil jayega
How To Take Loan In Idea
Aap Apne mobile me dial kare *150*10# uske bad aapko 10 ka talk time turant hi mil jayega
How To Take Loan In BSNL
step 1: sabse pehle aapko message box me jaker Credit type karke 53738 sms send karde aapko turant hi loan mil jayega Bsnl me
How To Take Loan In Vodafone
aapko message me jaker Credit TYPE karke 144 par sms send karde aapko turant hi rs 10 ka talktime loan mil jayega
How To Take Loan In AIRCEL
Aap agar aircel me loan lena Chahte hai to aap apne mobile me dial kare *414# uske bad aap kuch steps ko follow karke rs 10 ka talktime loan paa sakte hai
How To Take Loan In DoCoMo
agar aap tata DoCoMo me loan lena Chahte hai to aap apne mobile me *369# dial karke loan le sakte hai ya aap sms me jaker loan type karke 369 par send karke bhi loan prapt kar sakte hai
How To Take Loan In UNINOR-TELENOR
Agar aap apne uninor sim card me talktime loan pana Chahte hai to aap apne mobile me *141# dial karke rs 5 ka talktime loan paa sakte hai
To Dosto ye post aapko kaisa laga comment me jarur bataye aur aap mere site ke facebook page ko jarur like kare aur aise tricks ki Jankari pane ke liye aap mere site ko subscribe kar sakte hai
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Wednesday, March 8, 2017
Judge Gets Six Years Jail Time for taking bribes and Kickbacks
Judge Gets Six Years Jail Time for taking bribes and Kickbacks
Judge Gets Six Years Jail Time for taking bribes and Kickbacks
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