231 Front Street, Lahaina, HI 96761 info@givingpress.com 808.123.4567

Car Insurance Savings Tip 1

There are many tips you can pick here and there on reducing what you pay in your car insurance. Some will result in savings of a few dollars; others could save you a few hundred dollars. In this article, I'll dwell on one that could save you a few hundred dollars depending on how you apply it …

Your premium is determined by a lot of factors. Among these factors is how much you pay as a deductible. I like ensuring everyone understands every term used in my articles due to differences in terms across locations. So, let's define the term "deductible."

When you file a claim, the insurance company expects you to contribute or pay a certain amount before they'll pay out the agreed compensation. This amount is called your deductible. If you agree to pay a high deductible, you'll get a lower premium. If for example, you increase your deductible from $ 400 to $ 1000; your premium might be lowered by as much 30{4917788a0bd7aa7369c2a945027b4fe6c9853cda4150a24fe1255b18ce3083dc}. Depending on your circumstance, this could mean savings of a hundred dollars or much more.

You must take some time to think this through before making a decision. If what you'll get as savings justifies the one time deductible (However high it is), then you're better off going for it. However, if you think otherwise then you have to go with what's best for you.

After doing all this, you must take your time to understand the fundamental process for realizing huge savings in car insurance and certain facts that you must not ignore about car insurance quotes and comparison sites. …

Why Do We Gamble?

Let's start with a definition. What is gambling? Gambling is betting on something that may or may not happen in the future. When we gamble, we take a risk, choose an uncertain outcome, and bet on it. Gamblers bet on casino games, horse racing, and sports where the result can not be predicted with certainty. Some people will bet on anything. Remember the Seinfeld episode where Kramer bet on the arrival and departure times of airplanes at a New York City airport?

How is gambling different from buying stocks and bonds? Stocks and bonds are considered investments and not gambles because we can reasonably expect to come out ahead in the long run. They may be risky but not in the same sense as gambling.

How is gambling different from buying insurance? When we buy insurance, we are betting on something that may or may not happen in the future. We do not want to take the risk that it will happen, so we pay someone else (the insurance company) to take the risk for us. When we buy homeowner's insurance, for example, we are betting our house will burn down and the insurance company is betting it will not. (Of course we hope we will not win this bet.) This is not gambling because the risk can be calculated. The insurance company uses all kinds of statistics to analyze the probability of our house burning down and fixes the premium we will pay accordingly.

People have gambled since ancient times. However, society never approved of it because it was labeled an attempt to get money without working for it. Society believed that hard work should pave the way to financial success. It was not until the late 1960s that states (except for Nevada which had legalized all forms of gambling earlier) started to run lotteries to raise money for goodwill causes.

So why do we gamble even though we are illegally to win in the long run? We gamble for the exclusion of the uncertain exit. Some gamble to try to make their financial dreams come true. Some people gamble for entertainment or enjoyment, such as a night out with friends at the casino or a bingo game for a charitable organization or a lottery ticket. Some think they can beat the odds and make a living out of gambling. There are people who gamble because they simply love the challenge. They look at gambling as a game of skill or problem solving and they are sure they can win. Some like the environment or the thrill of a possible big win, or the adrenaline rush of taking a chance. Casinos allow us to socialize and pass some time. There are no clocks in a casino; We lose track of time; We forget all our troubles. It's like a therapy session! If we are timid, we can go to a casino and boldly take chances.

Occasional gambling may be a relaxing form of entertainment but be careful not to …

How To Know If It Is Time For Divorce

Divorce. In the minds of many, this word conjures up images of a husband and wife who are constantly at each other's throats, as well as labeling each as a failure and a loser. They do not want to get a divorce but even the most casual observer would look at their lives and wonder why the obvious action of divorce has not been taken, since it seems like only a matter of time before it does or at least should.

Most people present an absolutely different picture of their marriage and level of happiness to the outside than the one that is real. The reasons behind these are made clear based on many studies that have been conducted. Divorce is not a viable option because that would mean that one or the other (or both) are inflexible, incapable of working out differences, a failure, a bad decision maker, and a host of similar self-degenerative thoughts.

Those thoughts are counter-productive, however, and you really need to look at your marriage and determine if it is something you still want. When you were standing at the altar all starry-eyed so many years ago, it looked like the thought of divorce could never be uttered from your lips, but things have changed. Both of you have changed, and if you have changed in different directions and now have different goals, or if the number of things you have in common is now limited to one thing like the weather, then sometimes it is time to look out for # 1, since absolutely, you are the only one who is really responsible for your own happiness.

But it is a tough decision. Perhaps you feel like you need to put up with it because you need the income that your spouse's job provides, or you need the health care insurance their job provides. Is that an excuse, or have you really investigated the alternatives? Are you capable of working or providing your own health care, if you had to? And if you had to, yes your life would be more hectic, but at the end of the day, would you be happier than you are right now?

These are all tough questions but you need to ask yourself these questions and be honest with yourself in your answers. The root cause can frequently be traced back to a lack of communications between husband and wife. You do not listen to what he says, and he does not listen to what you tell him. Could things change? Of course they could, but not until both spouses are fully aware of the problem, are willing to admit consciously that a problem exists, and outline and FOLLOW a plan to get things back on track.

A marriage counselor or a pastor is a great resource who can act as an objective outside observer and offer suggestions. It will probably mean that both of you will have to change some things about your behavior or lifestyle, sometimes …

Home Insurance Advice

If you do not have coverage for the fair or full value of the owned property, you will not be able to get financial help from mortgage companies. A few tips can make your home insurance meet your needs:

Homeowners’ insurance isn’t cheap. People living in areas more prone to earthquakes, floods or high claim areas pay the highest coverage. Sometimes, high-risk residents are asked to pay thousands of dollars as annual premiums. However, this does not means that homeowners of secluded, suburban areas can buy a cheap policy. The basic policy for relatively out-of-the-way areas lies between 100-500 US dollars.

Many people restrain from purchasing homeowner’s insurance because of the expenses involved in it. Homeowner’s insurance is not a choice that you can make. It is absolutely necessary and you should not refrain from buying it. The best thing about this is that you can cut down its cost by following some steps.

1) You Security Alarm Helps Cut Down Premium Costs: By installing a burglar alarm in your house and connecting it with a police station can help you cut down your premium costs up to 5 percent. However, in order to avail this benefit, you will have to show the insurance company the contract paper. Smoke alarms can also make things easy for you. Usually, a smoke alarm is installed in all newly built houses but if you set a smoke alarm in an old house, you can save more than 8 percent on your premium amount. Keeping you away from fire is another benefit that they give. So get the alarms for your safety and cut down your insurance cost.

2) Increase Deductible To Decrease Premium: Just like any other kind of insurance, if you choose a higher deductible for your homeowner insurance, you will have to pay lesser premium. This is another simple and easy way to keep away from paying higher premiums.

3) Buy From the Same Insurance Company: Instead of buying your auto and health insurance policies from other companies, consider purchasing them from the same company where you have bought your homeowner policy. There are a lot of companies that allow a discount up to 10 percent to all their customers who buy multiple policies from them. In this way, you can save on two or more premiums and control your expenses considerably. Moreover, you will stay away from the hassle of contacting different companies in case of any incident.

4) Pay Back Your Mortgage Loans: People who repay their debts to mortgage companies have to pay smaller premiums. You may wonder why it’s so. The answer is downright simple. The owner who manages to pay back his loans to take possession of his homes is also capable of taking care of his home. Once you satisfy Mortgage Company, the insurance company will satisfy you.

End Note

In order to keep yourself away from any kind of trouble and to receive your insurance money in time, make sure that you have everything …

Legal Malpractice Insurance – Quick Overview

With the customer's exposure and awareness towards legal malpractice, many legal professionals have to face lawsuits frequently. If we look at the statistics, every four to five law professional out of hundred have to face a lawsuit in a year. For law firms, which typically employ more than 20 lawyers, are likely to face at least one lawsuit every year. Well, the figure is pretty impressive to make one realize that one must have a Legal Malpractice Insurance for good risk coverage in this profession. Let us have a quick look at the various aspects of it.

How does this insurance protect a legal practitioner?

When a legal practitioner defends himself against a lawsuit, he not only loses money but also valuable time. The average figure may vary from 250 to 300 hours per case that can be billed. This insurance protects a lawyer for each lawsuit he has to face.

Is it like other type of insurance?

The difference between regular insurance and this insurance is that a regular insurance gives coverage in case a certain event like hospitalization or accident occurs while this insurance covers a lawyer only for a lawsuit against him within a policy period. So, that means this insurance company may overlook the case history except for policy duration.

What is the cost of buying a policy?

The cost of a policy is directly influenced by the degree of risk involved in your profession. For example, if you are into banking or real estate, the cost may be quite higher than a regular cost of a policy. But, in my view, you should focus more on the fact that policy covers your areas of operations.

How do I get one policy?

There are many insurance players available in the market that offers such insurance. Ideally, there are two ways to approach these companies. First, you can find a broker; second, every company has its Managing General Agent (MGA). You can search for an MGA online as well. …

National Marketing Companies – The 3rd Rail of Insurance

Many people are fully aware of insurance agents and brokers and what they do. They meet with clients and explain potential coverage and service existing business. People also know who and what insurance companies are. When you sign the dotted line, you are purchasing coverage from an agent who represents that company. However, there is a 3rd rail to the insurance system and they are called National Marketing Organizations or NMO’s.

National Marketing Organizations (NMO) are known by a few other names.

Field Marketing Organization (FMO)

Internal Marketing Organization (IMO)

National Marketing Organizations are “middle men” who promote and train agents and brokers on insurance products. They constantly recruit independent insurance and promote insurance products to them. When an agent writes business, the NMO receives an over-ride on commissions. The more agents they recruit, the more money they make.

Independent Agents

NMO’s recruit independent agents who are not contracted or captive agents with one insurance carrier. Think Allstate, Farmers, American National, North Western Mutual and MetLife agents. Independent insurance agents are often times referred to as insurance brokers. They are able to place business with any company they choose that fits their client’s needs and are not required to sell only one insurance company’s products.

Over-rides are Less Expensive

All but a hand full of insurance companies require agents to contract with a NMO instead of contracting directly with the insurance carrier. The Insurance Company wants agents to be trained and serviced through a 3rd party which creates competition among NMO’s for agent’s business. It is less expensive for the insurance industry to pay over-rides to marketing companies for training and servicing agents than it is to hire a few thousand home office people who have to train, service, and market these very same products. When business is down, the insurance company does not have to constantly hire and fire people according to fluctuations in business.

Time to Sell

National Marketing Organizations get contracted with multiple insurance carriers for annuities, life, disability, and long term care insurance. Some NMO’s like the one I used to work for started out just wholesaling annuities and eventually added life insurance to the mix. In order to keep contracts with insurance companies, the NMO has to submit a minimum amount of business or production to have that insurance company available to sell to their contracted agents.

Insurance Hierarchy

Insurance Company (s)

NMO, FMO, or IMO

Agent

Or

Insurance Company (s)

NMO, FMO, or IMO

Broker Dealer/ Insurance Agency

Agent

Agent Commissions

Sometimes an insurance agency or a Broker Dealer is located in the commission hierarchy. Sometimes the agent will receive a cut in their street commissions or will be placed in a lower commission level. A street commission level is also referred to as the General Agent (GA) level and this means that they are receiving the highest level agent commission without taking a portion of the commission from their NMO.

NMO Commissions

Marketing companies receive an over-ride when an agent’s policies issue and …

The Convenience Of Booking Cheap Summer Holidays Online

In the past, booking your cheap summer holidays to anywhere in the world,would require you to visit your local travel agent in the high street, choose a selection of brochures and carry them home to browse through page after page of exotic locations with sunny poolside photographs, enticing you to book the holiday of your dreams within those glossy pages.

Since the recent convenience of being able to search and browse the various internet search engines, consumers now have a much wider choice when deciding to booking their cheap summer holidays in their own country or when travelling abroad.

Finding a suitable holiday or travel service to cater for every consumers needs and personal budgets, has over the last few years become really fast and easy with thousands of cheap holidays and services available to view with a simple click of mouse.

Consumers will now find that all the top and lesser known travel agents have an online presence, and every category of holiday and travel service is catered for such as flights, accommodation, car hire, airport transfers, travel insurance and a whole list of other services for booking cheap summer holidays online.

With these types of travel services now available on the internet, any consumer has the ability to customize their own cheap summer holidays, picking and choosing which services they would like to use with their choice of holiday destination, without having to just accept the travel services contained in a travel agents holiday package.

Anyone who books holidays is always looking for the cheapest and best summer holiday bargain, and holiday consumers will find several dedicated holiday comparison websites that have full access to the major travel agents databases, so are able to offer the latest up to the minute pricing on a wide range of holidays and travel services.

Consumers get help to find the cheapest flights, holiday accommodation, car hire, airport transfers and many other travel services which are offered by the top travel agents online. Taking the time to use this type of website service can truly reveal some great last minute deals when booking cheap summer holidays, and is highly recommended for a starting point when booking holidays online.

Many travel agents and travel services are now in direct competition with each other thanks to the wide choice of the internet, and many of the holiday websites online offer some great discounts and discount codes throughout the year, so holiday consumers should always search the internet to find the best cheap summer holidays.

The overall ease and wide range of choice when booking cheap summer holidays online, has in the last ten years resulted in thousands of holiday consumers becoming more and more confident with booking various holiday and travel services online.

With hundreds and hundreds of holiday services setting up websites online every year and thousands of holiday consumers now becoming more and more internet savvy, this trend of searching online for booking cheap summer holidays and travel services is set to …

Life Insurance 101, An Explanation of Various Types of Life Insurance

TERM LIFE INSURANCE – Life insurance for a set number or years. You can choose from 5 to 30 year terms. No cash value, if you die during the term you collect the death benefit. The policy dies after the selected term has ended and you receive nothing unless you have a, return of premium rider or you convert the policy to some form of permanent insurance.

RETURN OF PREMIUM TERM INSURANCE (ROP) – A term insurance policy that returns all or a portion of premiums paid at the end of the term if the death benefit has not been paid.

SIMPLIFIED TERM INSURANCE – Term insurance which uses a simple application. Underwriting is done electronically. No underwriting requirements by the applicant unless red flags arise out of the electronic underwriting process. Policy is usually issued much quicker than regular term. There is a limit of death benefit for this type of policy ($350,000 or less) depending on the insurance carrier. This type of policy is generally more expensive because of additional risk by the insurance carrier. Less underwriting =more risk.

CRITICAL ILLNESS INSURANCE – Applied for as a stand-alone policy or as a rider to another life insurance policy. Pay immediate benefit for a covered illness even if death does not occur.

ACCIDENTAL DEATH INSURANCE – Pays benefit in event of a covered sudden accidental death. Applied for as a stand-alone policy or as a rider to another form of life insurance.

MORTGAGE PROTECTION INSURANCE OR DECREASING TERM INSURANCE – Term insurance that pays the balance of your mortgage should death occur. The amount of death benefit decreases to match the amount owed on mortgage. The insurance is set up to end at the same time your mortgage is set to end.

UNIVERSAL LIFE INSURANCE (non variable) – Flexible premiums. Can be a permanent insurance as long as premiums are paid and policy is funded properly. Investment policy in which risk lies with insurance company.

Has a minimum guaranteed interest rate which differs by company. This policy has the ability to gain contract value. The death benefit can be set to level (death benefit stays the same throughout) or increasing (death benefit increases as contract value rises). You may obtain loans or make withdraws but you must be careful, if the policy is not funded, it will collapse.

VARIABLE UNIVERSAL LIFE INSURANCE – Agent must have securities license to sell. Very similar to non-variable universal life. The difference is that the policy owner assumes investment risk. There is no guaranteed interest rate. Policy can collapse if investment does not do well and policy is not funded properly.

WHOLE LIFE INSURANCE – Simply put, you pay the premium and the policy will last your whole life. You usually have an option to borrow against the policy, amount depends on the value of the policy. This type of policy is usually much more expensive than the universal life policy.

GRADED BENEFITS WHOLE LIFE – Partial or no benefits paid until a …

Student Health Insurance – International Options For Students

Congratulations! You finally got the scholarship you applied for at the University of London. In two months' time, you will be jetting off to another continent, to study fashion under the wing of one of the largest names in the industry.

Naturally, in the excuse that followed, you never thought of student health insurance. International students rarely do – before they get sick, anyway. Once they're face to face with the terrible reality of illness, they regret that they've been so careless about health coverage.

Why wait for this to happen to you? If you do not have a student health insurance with international coverage yet, here are two very good reasons to start shopping around for one.

1. You want to protect yourself from uncertainty. You may be stronger than an ox now or even just borderline healthy. Still, no one knows what would happen in the future. You could fall ill weeks after your arrival. There are no guarantees that you will not meet an accident or catch the flue while abroad.

You may protest, "But my parents have insurance and it covers me!" How are you? Moreover, even if you already have some form of coverage, this is most likely minimal at best. Furthermore, policies are generally not specifically intended for traveling students. Unlike student health insurance, international holidays and extended positions are likely to be items of exclusion in whatever policy your parents have.

2. You want to plan your life ahead. Planning your finances should begin even before you get your first real job. You do not want to start your adult life swamped with a huge medical bill to pay off, on top of your student loans.

Do not get caught unawares. As you go about planning your trip, request for quotes from various providers of student health insurance. International students should consider getting them combined medical and travel insurance coverage. Then, and only then, can you consider yourself a responsible adult with an eye out for his or her own well-being. …

Online Motor Insurance Search

It can be a thoroughly baffling business conducting your own motor insurance search for the best buy. Although it is a very competitive market, and this means that there is a clamor of providers all claiming to offer the best deals in motor insurance, the sheer number of insurers and the proliferation of different insurance packages makes choosing a potentially hit-and-miss Affair. This is when an experienced, professional insurance broker can come to the rescue and help you make an informed and reasoned choice – ensuring you get not only the insurance cover you need, but also the best value for money into the bargain.

The first thing an insurance broker will need to establish is the best type of car insurance that best suits your needs. If the vehicle is old, worth very little and you simply can not afford any better insurance, then the discussion with the broker can be kept very short as you opt for the cheapest possible, most basic, third party cover. This will ensure that you meet the minimum legal requirement for insurance – your liabilities for any injuries you cause others (including passengers in your own car) and damage to third party property will be adequately covered.

The search can be both short and straight forward if you need the slightly wider protection offered by cover against the risks of third party, fire and theft claims – which means that you would at least be compensated up to the value of your vehicle if it is Lost or damaged through fire or theft.

The insurance broker will truly come into his own, however, if your search is for fully comprehensive motor insurance. Since there are more than a hundred companies offering comprehensive motor insurance, each with a number of different packages and each package offering various optional extras. A successful search, in this case, relies on your deciding just what elements you are likely to need.

The principal feature of comprehensive insurance, of course, is that it offers protection for a significantly wide range of risks, even when the loss or damage has been caused by the policy holder's own fault. Therefore, this will cover accidental damage to your own car, including the loss of or damage to any personal possessions left in the vehicle; Personal accident benefit for serious injuries you might sustain in an accident; And cover for any medical expenses you incur.

Although these are the core benefits generally included in all forms of comprehensive cover, it is important to remember that insurers differ with respect to the maximum levels of benefit payable and to the additional features available under the policy. Some of these might be optional extras, for which an additional premium will be payable, and could include: no claims discount protection; The provision of a courty car if your own needs to be taken to a garage for repairs or following a theft; Breakdown or roadside assistance; Legal expenses cover or even an extension of the insurance …