April 1, 2017

An electronic communication that allows methodical transmission and accessible data such as mails, spreadsheets and many other types of documents for any kind of business, is known as a business data network. There is a private data network and public data network in operation today. A local network that allows transmission of data between various departments of a company is called a private data network and the public data network is widely accessible to both residential corporate clients for a given carrier network.

There are various factors relating to a business data network that can affect your company and some of the important facts that can improve business efficiency are as follows:

• Always identify the documents that are considered confidential by implementing a document management program; otherwise a local network without this program can harm your business. To amend this, don’t allow employees access to these credentials or with the ability to print confidential data.

• Lack of a document storing schedule can give access for co-workers to look into important documents that are restricted. Storage of such important business documents in a safe place till the storage period ends can restrict access to public view and stop harm to the company. The documents should be shredded when the storage period is complete.

• Before implementing data networking, think about a finding a service that can destroy and shred business credentials that contain insightful information. Otherwise, important company documents might give opportunity for the employees to access and spread the information.

• Limit the acquirement of confidential customer data such as customer’s bank accounts, social security, or driver’s license numbers. Restriction of access to information is really important. Otherwise a company can lose its business from misuse of important client information.

• Documentation that contains perceptive data, including payroll, patron and fiscal information with passwords, should be protected. If a company doesn’t change passwords regularly or request that passwords contain a minimum of six letter and number combinations, the risk of confidential information being leaked is very high.

• In order to prevent a virus or worm from spreading information and stored files from a personal computer over a network is to install and timely update virus protection software. More virus threats mean a greater affect on a company.

• Sensitive data can still be available on a computer that is no longer being used. Data thieves and potential hackers hunt for such data a great deal of the time. To wipe that data or to identify a data destruction dealer that will actually destroy the hard drive, a company should use such software programs that clear data before disposing of old computers.

• The most successful method to share files and collaborate with colleagues is by file sharing programs and such programs can easily expose your computer and database to hackers. Systems that are protected by a tough firewall and anti virus software are highly recommended and include regular updates. If this is not the case a business …

Single Premium Whole Life Insurance (SPLI) Explained

Most of the time, when we purchase life insurance, we agree to make monthly, quarterly, or yearly payments. There are some whole life policies which can be paid off, usually over a period of 7 years or more. But another way of purchasing coverage has begun to get more attention slowly. This simply involves making one large payment in the beginning. The single premium is set to fund the coverage for the rest of an insured person's life.

One obvious advantage might be the guarantee that life insurance is taken care of without having to worry about paying any more bills. One obvious disadvantage, as you may have already guessed, is the fact that this first premium must be pretty large.

Who Considers SPLI?

The type of person who may consider this unusual way of paying for a life insurance policy would have a lump sum of cash that they are sure they will not need to spend for the next few years. They will also want to leave money to their estate, and they want to turn the cash they have into a larger life insurance death benefit. This way they can be assured they will be able to leave money to their kids, grand kids, or a favorite charity ..

Advantages of Single Premium Life

  • Set it and Forget it – You can make on premium payment, and be assured you have funded a lifetime policy.
  • Estate Building – Most of the time, the cash will buy a death benefit of several times the original premium amount. For example, let us say that that a healthy 65 year old could turn $ 12,000 into a $ 100,000 death benefit to leave behind. That was just an example. Premiums will vary.
  • Cash Value – Since the one large lump sum fund coverage, the actual cash value of the policy should grow very quickly. The policy may have enough cash value to be borrowed against or cashed in at some future point. The cash value may grow by a set interest rate, or it may grow my some market index, like the S & P 500. This will be specified in the particular policy you buy.
  • Policy Provisions – Policies may have an accelerated death benefit, or provisions for early surrender or using some of the face value while the insured person is still alive in special cases. These cases could include terminal illness or nursing home confinement. These functions can give you a policy which performances "double duty."

Disadvantages of SPLI

This product is not for everyone. Look at some of the disadvantages to consider.

  • You Need The Money – You must have the lump sum payment. Of course, the premium will vary by the age and health of the insured person, the insurer, and the amount of coverage you buy. The premium is usually several thousand dollars. This must be money that is not needed for the next few years, or