The Money Compare Insurance Health Check is free, fast and simple… and could save you thousands of dollars. Simply complete our short, no obligation request form and our specialist insurance advisors will be in touch. Not sure if an Insurance Health Check is right for you? Well there are a wide range of reasons why you should check your insurance on a regular basis. We’ve outlined some of those reasons below. Many New Zealanders are under insured - are you? In the life sector, premium affordability and risk prioritisation are the key issues impacting take-up rates. You don’t need to be one of these. Our dedicated partners in the insurance sector have created the Insurance Health Check...
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Multi Trip Travel Insurance: A Comparison of SafetyWing and World Nomads If you’re a frequent traveler, you know how important travel insurance is. Nobody wants to get into a difficult situation in a foreign country and not have the money to pay medical expenses or to replace lost or stolen gear. Of course, we all hope that nothing happens during a trip, but it’s better to be safe than sorry! In this article, I’m going to be taking a look at two of the top multi-trip travel insurance companies – SafetyWing and World Nomads. I’ll help you learn the facts about these two companies so you can make the best decision for yourself! To forestall, my personal favorite is SafetyWing. Here’s a...
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The big question of financial planning is whether we should pick a term insurance plan or a whole life insurance plan. While the debate still continues, we will address another popular question today in our journey with money. Which term plan is better? Highly sought after by investors due to the high coverage and low premiums, term plan have been getting popular in the recent years. Let’s recap the advantages and disadvantages of the plan. It is a common school of thought for investors to pay the minimum premium for the maximum coverage for insurance. This is a fair statement assuming only if the investor know what he is investing in (such as value investing or options mastery, etc...
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Term insurance is by far one of the least expensive ways to get yourself a sizable death benefit without having to pay the larger sums of money that usually come with the more extensive forms of this type of insurance. Different companies have their own different versions of this type of insurance. In India alone several insurance firms have their own takes on this type of policy. This is why it is necessary to conduct your own term insurance comparison for you to be able to discern which one suits you, your family, your budget and your needs the most. Many people may not want to address this probability but in case of any sudden and untoward incidents that may potentially leave your family...
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If you’re thinking about buying term life insurance, there’s a few key things you should keep in mind. For example, what period length of term insurance should you buy and why? These are very important issues you need to give some thought about before you buy a term life insurance policy. Determing Type of Term Policy The main question you want to ask yourself is why you want the insurance in the first place. The second question you need to answer is how long you will need it. Term life insurance can be bought in increments of time such as 10, 15, 20, 30 years or it can be bought as being age specific such as when you reach age 65 for example. The first thing to remember is that term...
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Term insurance is one of the best financial instrument you can have in your portfolio. This is not a investment but a product to safeguard all your assets & investments. In this insurance the premium is very less as compared to endowment policy, money back plans or even ULIPS. The policyholder does not get any maturity benefit amount but if he/she dies in between the policy term, the nominee gets the S.A., which may be sufficient for survival family members. Generally, if you ask any person about insurance, most of them carry some LIC policy and/or some ULIP. The combined benefit in case of death is not sufficient that survival spouse can think of life ahead as free from financial...
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Mortgage Insurance Singapore – Singaporeans know a lot about buying properties. But despite all of our knowledge of home buying, we often make this mistake: Not getting mortgage insurance. While most Singaporeans are very familiar with what it means to buy a home in Singapore, not many understand mortgage insurance. Yet, it is almost a sin to buy a home without getting a mortgage insurance as you expose yourself to a Home Loan. Image credits: Manulife Bras Basah ground floor, just outside of MRT exit, mortgage insurance singapore, Paul Ho, iCompareLoan.com In this article, we are going to share with you everything you need to know about mortgage insurance, i.e. the “What”, “Why” and...
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There are no shortcuts to finding the best term insurance plan rates among different insurance companies in the market today, but to stop and compare the best term insurance plans is a start. The healthier and younger you are when you buy the policy, the lower the insurance premium will be. There are many things that you might consider and be accounted for, to get yourself the best term insurance plan. The flexibility to renew your policy without the need to undergo another round of medical check-up is preferred by most of the customers especially those who are extremely tied up to their business or work. Any best term insurance plan that is locked down with low premium for a specified...
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Adulthood comes with a lot of responsibilities. There are bills to pay, appointments to schedule and lots of things to maintain. When your life is consumed with fulfilling these roles, you can easily forget about planning ahead. Background In today’s world, a significant portion of the population puts off retirement planning indefinitely. As responsibilities and families grow, however, many people consider purchasing life insurance to protect themselves and their loved ones. It’s easy to get confused when shopping for life insurance, especially if you’re trying to distinguish the difference between whole and term policies. Many people face this conundrum. Often, confusion starts when...
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How would you like to pay long-term care insurance premiums for just 10 years and be done (while the benefit continues to increase)? Recently, I was asked by an advisor to help out one of his clients who was interested in 10-pay plans because their parents had bought plans and were happy with their choice. For those who can afford it, limited pay LTC plans can be very appealing. Once offered by many long-term care carriers, now just a couple of companies offer standalone limited pay plans. However, linked Life/LTC carriers are branching out from single pay plans to options such as 10-pay products. Here's a real life comparison of standalone and linked life/ltc plans with 10-pays. These are...
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