4 Life Insurance Tips for People in Their 40s Your 40s usually comes with some pretty important milestones. Perhaps you’ve worked hard in your career and it’s finally paying off, leading to a management spot and a steady climb up the corporate ladder. Your kids, if you have any will probably be getting older too. Do you need life insurance tips? Once you’re in your 40s, you might be finally at a place where you can afford the type of lifestyle you’ve always wanted – one filled with travel, leisure, and financial freedom. Before you get too cozy, however, make sure you have the proper insurance policies in place. While everything may be going great at the moment, all it takes is an...
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Get a Call Back Risk appetite: Before investing in a savings plan, it is important to objectively analyse your risk appetite. If you are in the mid of your career and already have existing financial obligations, it may not be advisable to take excessive risk with your investments. On the other hand, people who are starting out and are in their 20s and 30s may be able to take higher risk. Younger people can opt for unit-linked investment plans that give market-linked returns but carry substantially higher risk. In a nutshell, investments with higher exposure to equities may not be suitable for people with low-risk appetite. People with low-risk appetite may choose traditional endowment plans...
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Physio4Life and all our team of highly experienced Physiotherapists are recognised and registered with all major health insurance companies. All of our physiotherapists are HPC registered and members of the Chartered Society of Physiotherapists. AXA PPP and BUPA UK We have a contract with AXA PPP and Bupa UK enabling us to deal with them both directly in regard to any treatment claims. We require a policy number and authorisation number at the initial visit to enable us to process these claims. We also request that all clients complete a credit card mandate form for direct billing claims. The initial AXA and Bupa consultation time is 45 minutes and all follow-up sessions are 30 minutes. Our...
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So you're set to retire, but don't know what will happen to your healthcare. Can you really stand to lose your military healthcare benefits now that you're leaving and probably have a family to take care of? Fortunately, Tricare offers plenty of options. It sounds like a complicated process but we will attempt to explain what your eligibility is to the various TRICARE programs available for retirees and their families. When you retire from active duty you are eligible to purchase Tricare Prime, Select, or the US Family Health Plan. Once you reach age 65 you are no longer eligible for those programs, you can then purchase Medicare and TRICARE for Life. If you retire from the National Guard...
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Each annual meeting hosted by the National Association of Independent Life Brokerage Agencies is meant to help the industry succeed amid challenges. One such session at the recent NAILBA 35 conference in Dallas did just that. Life Happens, the non-profit organization, has been working to better educate the public about important insurance planning topics since 1994. Life Happens has also been arming insurance agents with key business resources. “We concentrate on educating consumers on what our products do, not what they are,” Marv Feldman, president and CEO of Life Happens, said during the organization’s NAILBA 35 presentation. “The problem we have is people will buy our products, then...
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Life settlements are gaining in popularity, but critics are taking a sledgehammer to these controversial life insurance products. Are they right – or should they be debunked? BankingMyWay studies the landscape and separates myth from fact. First the facts. More than 6,000 Americans turn the age of 65 every day, according to The Alliance for Aging research. Couple that with the fact that 90% of all life insurance policies lapse or are surrendered annually, according to the Life Insurance Settlement Association (LISA), and you have a wide-open market for life settlements. In a word, life settlements allow Americans aged 65-and-up to sell their life insurance policies to investors. In...
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Are you going through a major life change? Are you wondering if now is the best time to review your financial situation? Do you have reason to believe that your life change should result in the purchase of a whole life insurance policy? You don’t need any reason to purchase life insurance. If you don’t have coverage or need more, you should feel comfortable learning more about your options and making a purchase in the near future. However, there are times when a life change leads you to rethink your financial situation. Here are three situations that may lead you to purchase a whole life insurance policy: 1. Marriage Are you tying the knot in the near future? Did you recently marry the...
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Transcription 1 Kansas City 4Life Insurance Company 2012 Fourth Quarter Report Includes our subsidiaries: Sunset Life Insurance Company of America Old American Insurance Company Sunset Financial Services, Inc. Post Office Box Kansas City, Missouri Listing: NASDAQ Stock Symbol:KCLI Q12 2 from the President, CEO and Chairman of the Board Kansas City Life Insurance Company recorded net income of $7.9 million or $0.71 per share in the fourth quarter of 2012, a $2.2 million or $0.20 per share increase versus the same quarter in the prior year. The increase in earnings was primarily due to increases in realized investment gains and insurance revenues, as well as reduced amortization of deferred...
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The purpose of LAT is to verify the adequacy of provisioning for life insurance. The test consists of comparing the amount of provisions with the best estimate of provisions, arrived at on the basis of the present value of the best estimate of the future expected contractual and other cash flows. The calculation is performed for each separate contract while the results are aggregated on the level of homogenous groups. The test is based on a unified methodology that determines, among others, the grouping of policies into homogenous groups, the choice of risk-free discount rates and the type of cash flows being modelled. The portfolio balance is tested as at the last day of the business year...
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The 4 stages of life: Most people don’t understand the need for life insurance, when they need it and which type of life insurance policy to go for. What you need to understand is that your insurance needs shift depending on what stage of life you are at. Keeping your life insurance policies in sync with your life stage makes things a lot easy. Unfortunately many families are under insured. This article will cover the 4 stages of life and the possible types of life insurance options at each stage. Single Adults: You are fresh out of college, young and single, why need life insurance? You live alone, have no one to support, so the idea of insurance seems weird, who will get the death benefit...
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