Signing-up for life insurance for diabetes coverage is usually a hard task, but it is still worth searching for. Don't worry however, because even though there are many companies that charge an "arm and leg" to diabetics, there are also those who will take it easy on you, to the point of offering you the same rates as a non-diabetic would be offered.
These are the 3 questions that you will be asked, at least by most insurance providers:
1. "When was the last time you had an insulin shock, and did you go into a coma after it"? 2. "Have you had any arms or legs amputated/removed as a result of diabetes"? 3. "What supplements, if any, do you take to manage your diabetic complications"?
For those of you who are actively seeking life insurance for diabetes, those kind-of questions are the ones that insurance companies need to know the answers for. If the answer to each of the three questions is "no", then you are one of the lucky ones who will be given the "first day full benefit" coverage, which also means that you will pay the same premium price that a non-diabetic would pay.
However, unfortunately, you may have to wait for the "full death" option for awhile, because most term life carriers will make you wait for a very long time, since you are looked at as a "risk" to them. The average diabetic patient will not enjoy waiting for the "full death" choice, since they want the type-of coverage that will protect them while they are still alive here on Earth.
Life insurance coverage companies will also ask you a few more questions about your insulin levels, including questions about whether it has caused you any other problems besides diabetes complications.
Normally, if you search for life insurance for diabetes, you will find that most companies who specialize in this field also specialize in life insurance for seniors as well. As the phrase, "life insurance for elders" implies, this is dealing with those who are older than 50 years "young", I mean "old".
For those of you who did not know, Type-1 diabetic patients will find it much harder to find an affordable policy than those who are Type-2 diabetics. Unfortunately, this is because the coverage carriers know that you can suffer from "end organ" diseases at a higher chance than those who have Type-2 diabetes. "End organ" diseases are those that attack the kidneys and liver, and they result from having diabetes for a long number of years. To make things short, you can definitely expect to be looked at as a "risk" to most life insurance providers, and this will make your payments extremely expensive.
Life Insurance for Diabetes doesn't have to be tedious any longer, especially since there are online quotes that can give you everything that you need to know without actually signing-up for an insurance provider. With the creation of internet insurers like Free Life Insurance Quotes Online, everything you need can be given to you within a few clicks of your mouse. In the end, I want you to understand that when you take control of your life (and blood sugar) now, you will not have to worry about paying an expensive premium then, and since you probably like saving money, this is something that you seriously need to be thinking about in the present, and in the future...
วันศุกร์ที่ 30 ตุลาคม พ.ศ. 2552
วันศุกร์ที่ 23 ตุลาคม พ.ศ. 2552
The Consequences of Avoiding the IRS by Jeff Parrack
Let's face it: no one likes filing and paying taxes, but it's a necessary evil every year. Unfortunately, sometimes it's hard to come up with the funds to pay the taxes you owe because real life got in the way. This may tempt you to avoid contacting and dealing with the IRS completely, hoping the problem might just go away. It won't go away. If you avoid the IRS you are going to have to be prepared to deal with some very strong repercussions that could affect your credit rating, net worth and family's future.
Receiving a Notice of a Federal Tax Lien
If you are simply late paying your taxes, typically you will be charged penalties and late fees, including interest, until the amount is paid in full. If you fail to work out some kind of payment plan with the IRS, or if you receive a Notice and Demand for Payment and fail to pay the tax debt within 10 days, you'll most likely receive a Notice of Federal Tax Lien.
This type of lien means that the federal government now has a legal claim against your property as payment for your debt, and it cannot be released until you pay your debt in full. After the lien is filed, your creditors will be notified, and your credit report will reflect the amount you owe the government. What many taxpayers don't realize is that this federal lien gives the government claim to all property currently owned as well as property acquired in the future as security for your debt. If the lien is placed against a business, accounts receivable may also have a lien placed against them.
Effects to Your Credit Rating
If you let the situation continue until a federal tax lien is actually filed against you, your credit rating will most likely be negatively impacted. This means your future ability to purchase a home, or car, or anything else requiring credit will be greatly hindered for at least several years.
Releasing a Federal Tax Lien: Additional Charges to You
If you have already had a tax lien filed against you, the best thing to do is act immediately to resolve the problem. The federal government will release your tax lien 30 days after you pay the full amount owed or submit a bond that guarantees the payment of the debt. In addition, you will be required to pay any and all fees associated with releasing the lien. Even after paying your debt, the tax lien will remain on your credit report for up to 10 years, negatively affecting your credit score.
Your Debt: A Matter of Public Record
If you don't want the entire town knowing you business, it's best not to avoid the IRS and any collection efforts. As soon as a Notice of Federal Tax Lien is filed, this is considered a matter of public record and may be viewed by anyone. Sometimes, your local paper may even print this notice in a regular issue where everyone can see. These announcements include the type of lien filed and the amount it is for.
Discharging a Tax Lien
When a tax lien is filed against you and your property, it affects any and all transfers or sales made by you until the lien is satisfied. Selling financial investments or closing accounts may result in being required to use the resulting funds to satisfy your debt to the government. If you decide to sell your home or car, you'll have to either satisfy the debt in order to release the lien, or apply for an official discharge. Potential buyers will view this as a negative aspect to doing business with you, as it can cause delays in the process of transferring the property.
Tax Levies
In addition to filing a lien against you, the IRS may also file a levy against your property and subsequently seize it to satisfy your tax debt. The difference between a lien and a levy is that a levy allows the IRS to take your property outright. This could include your home, car, recreational vehicles and boats, jewelry and other valuables, investment and bank accounts, wages and even the cash value of your life insurance. Often, these are sold at public auction to raise funds and cover your IRS debt.
As you can see, avoiding the IRS and failing to pay your taxes does not make the problem go away. It's always best to try to work with them as soon as possible to prevent any liens or levies that will negatively affect your lifestyle and credit rating for many years to come.
Receiving a Notice of a Federal Tax Lien
If you are simply late paying your taxes, typically you will be charged penalties and late fees, including interest, until the amount is paid in full. If you fail to work out some kind of payment plan with the IRS, or if you receive a Notice and Demand for Payment and fail to pay the tax debt within 10 days, you'll most likely receive a Notice of Federal Tax Lien.
This type of lien means that the federal government now has a legal claim against your property as payment for your debt, and it cannot be released until you pay your debt in full. After the lien is filed, your creditors will be notified, and your credit report will reflect the amount you owe the government. What many taxpayers don't realize is that this federal lien gives the government claim to all property currently owned as well as property acquired in the future as security for your debt. If the lien is placed against a business, accounts receivable may also have a lien placed against them.
Effects to Your Credit Rating
If you let the situation continue until a federal tax lien is actually filed against you, your credit rating will most likely be negatively impacted. This means your future ability to purchase a home, or car, or anything else requiring credit will be greatly hindered for at least several years.
Releasing a Federal Tax Lien: Additional Charges to You
If you have already had a tax lien filed against you, the best thing to do is act immediately to resolve the problem. The federal government will release your tax lien 30 days after you pay the full amount owed or submit a bond that guarantees the payment of the debt. In addition, you will be required to pay any and all fees associated with releasing the lien. Even after paying your debt, the tax lien will remain on your credit report for up to 10 years, negatively affecting your credit score.
Your Debt: A Matter of Public Record
If you don't want the entire town knowing you business, it's best not to avoid the IRS and any collection efforts. As soon as a Notice of Federal Tax Lien is filed, this is considered a matter of public record and may be viewed by anyone. Sometimes, your local paper may even print this notice in a regular issue where everyone can see. These announcements include the type of lien filed and the amount it is for.
Discharging a Tax Lien
When a tax lien is filed against you and your property, it affects any and all transfers or sales made by you until the lien is satisfied. Selling financial investments or closing accounts may result in being required to use the resulting funds to satisfy your debt to the government. If you decide to sell your home or car, you'll have to either satisfy the debt in order to release the lien, or apply for an official discharge. Potential buyers will view this as a negative aspect to doing business with you, as it can cause delays in the process of transferring the property.
Tax Levies
In addition to filing a lien against you, the IRS may also file a levy against your property and subsequently seize it to satisfy your tax debt. The difference between a lien and a levy is that a levy allows the IRS to take your property outright. This could include your home, car, recreational vehicles and boats, jewelry and other valuables, investment and bank accounts, wages and even the cash value of your life insurance. Often, these are sold at public auction to raise funds and cover your IRS debt.
As you can see, avoiding the IRS and failing to pay your taxes does not make the problem go away. It's always best to try to work with them as soon as possible to prevent any liens or levies that will negatively affect your lifestyle and credit rating for many years to come.
วันจันทร์ที่ 19 ตุลาคม พ.ศ. 2552
Rising Health Insurance Costs by Adam Kerr
Florida is experiencing huge increases in health insurance costs, but average wage increases are not keeping up. Health insurance premiums in Florida have increased over 98 percent in the past nine years, but average wages have only increased by just over 26 percent. The increases in deductibles, co-payments and other medical costs are setting Floridians back financially.
It is important to protect yourself against the rising cost of health insurance. There are several ways to keep your health costs down. Keep the following in mind and protect yourself:
Compare Health Insurance Plans
Health insurance costs can vary even between very similar plans. You can save up to 50 percent just by comparing similar plans. Check the monthly premiums and the benefits of each plan before choosing your insurance plan.
Choose a Higher Deductible Amount
A higher deductible means a lower monthly premium, which saves you money each month. Don't forget that, in case of an emergency, you must meet the deductible amount before the insurance company will begin coverage.
Learn about COBRA Alternatives
If you have recently become unemployed and are using COBRA continuation coverage, learn about your other options. An individual or family plan may be less expensive, or you may just need a short-term insurance plan.
Save Money with an HSA
Health Savings Accounts (HSA) are tax-free savings accounts designed to help consumers pay for their health insurance. You can use funds in your HSA to pay for certain qualified medical expenses.
Get a Discount Card
Discount cards are not health insurance plans, but they can save you up to 60 percent on prescriptions, dental, vision, and some orthodontia services. You can use the discount card as many times as you need to each year, as long as your medical provider accepts them.
These are all ways in which you can help fight against the rising costs of health care in Florida. Protect yourself and your family and learn about all your money-saving options.
It is important to protect yourself against the rising cost of health insurance. There are several ways to keep your health costs down. Keep the following in mind and protect yourself:
Compare Health Insurance Plans
Health insurance costs can vary even between very similar plans. You can save up to 50 percent just by comparing similar plans. Check the monthly premiums and the benefits of each plan before choosing your insurance plan.
Choose a Higher Deductible Amount
A higher deductible means a lower monthly premium, which saves you money each month. Don't forget that, in case of an emergency, you must meet the deductible amount before the insurance company will begin coverage.
Learn about COBRA Alternatives
If you have recently become unemployed and are using COBRA continuation coverage, learn about your other options. An individual or family plan may be less expensive, or you may just need a short-term insurance plan.
Save Money with an HSA
Health Savings Accounts (HSA) are tax-free savings accounts designed to help consumers pay for their health insurance. You can use funds in your HSA to pay for certain qualified medical expenses.
Get a Discount Card
Discount cards are not health insurance plans, but they can save you up to 60 percent on prescriptions, dental, vision, and some orthodontia services. You can use the discount card as many times as you need to each year, as long as your medical provider accepts them.
These are all ways in which you can help fight against the rising costs of health care in Florida. Protect yourself and your family and learn about all your money-saving options.
วันพุธที่ 14 ตุลาคม พ.ศ. 2552
Direct Auto Insurance Can Save You Premiums by Joyce Racette on
One of the best ways to cut down on car insurance premiums is to opt for direct auto insurance rather than buy through an agent or broker. Aside from the actual cost of an insurance policy, car owners are also paying for the commissions given by insurers to their respective agents. Going directly to the insurer eliminates the need for a middleman, which merely drives up costs of auto insurance.
The Internet is the most cost-effective way to compare quotes and coverage from multiple insurers. By going online and getting a direct auto insurance quote, car owners can easily choose which insurer has the right product that suits their needs. Though many of sites are run by insurance brokers, there are also a number of companies that directly provide such online quotes. Direct auto insurance has become more convenient with the advent of online quote platforms. With online quotes, even insurance companies themselves save on costs since there is less need for in-house agents to process and review applications.
Other Ways to Lower car insurance Premiums
Aside from direct auto insurance purchases, car owners can save on auto insurance by negotiating for better rates based on the following factors:
* Driving and payment history. Drivers with no history of traffic violations or reckless driving warrant lower premiums. Also remember that your present insurance rate could increase if you let your insurance lapse for years.
* Age. Younger drivers or those below 25 usually get higher insurance rates since they have less driving experience and are more likely to experience accidents than older or more experienced drivers.
* Car model. Insurance premiums are also determined by the purchase price of the car and costs of maintenance and repair. Moreover, expect higher premiums if your car is among models that are most frequently stolen.
* Location. Rate of vehicular accidents, car theft, lawsuits, car repair, and medical costs in the location of the insurance buyer are also taken into account when calculating premiums.
* Distance traveled per year. Insurers charge higher premiums on cars that travel longer distances annually. Expect lower premiums if your annual mileage is less than 10,000. Lower mileage means a lower of theft and accidents, thus translating to lower premiums.
* Type and amount of coverage. Larger coverage means higher premiums, though discounts may be available to some candidates depending on the number of vehicles to be insured and deductibles.
* Equipping cars with anti-theft devices. Buying anti-theft devices is worth your money as car insurers generally lower premiums in exchange for any precaution that minimizes risk of theft.
The Internet is the most cost-effective way to compare quotes and coverage from multiple insurers. By going online and getting a direct auto insurance quote, car owners can easily choose which insurer has the right product that suits their needs. Though many of sites are run by insurance brokers, there are also a number of companies that directly provide such online quotes. Direct auto insurance has become more convenient with the advent of online quote platforms. With online quotes, even insurance companies themselves save on costs since there is less need for in-house agents to process and review applications.
Other Ways to Lower car insurance Premiums
Aside from direct auto insurance purchases, car owners can save on auto insurance by negotiating for better rates based on the following factors:
* Driving and payment history. Drivers with no history of traffic violations or reckless driving warrant lower premiums. Also remember that your present insurance rate could increase if you let your insurance lapse for years.
* Age. Younger drivers or those below 25 usually get higher insurance rates since they have less driving experience and are more likely to experience accidents than older or more experienced drivers.
* Car model. Insurance premiums are also determined by the purchase price of the car and costs of maintenance and repair. Moreover, expect higher premiums if your car is among models that are most frequently stolen.
* Location. Rate of vehicular accidents, car theft, lawsuits, car repair, and medical costs in the location of the insurance buyer are also taken into account when calculating premiums.
* Distance traveled per year. Insurers charge higher premiums on cars that travel longer distances annually. Expect lower premiums if your annual mileage is less than 10,000. Lower mileage means a lower of theft and accidents, thus translating to lower premiums.
* Type and amount of coverage. Larger coverage means higher premiums, though discounts may be available to some candidates depending on the number of vehicles to be insured and deductibles.
* Equipping cars with anti-theft devices. Buying anti-theft devices is worth your money as car insurers generally lower premiums in exchange for any precaution that minimizes risk of theft.
วันเสาร์ที่ 10 ตุลาคม พ.ศ. 2552
Insurance For Your Motorcycle by Jason Furrow
An open road. A beautiful landscape out in front of you. Your gas tank is full and the wind is at your back. This scenario is why millions of people around the world enjoy motorcycles as not only a means of transportation, but as a hobby as well.
The scenario pictured above does not have to be spoiled by the not so fun idea of finding the right coverage for your bike. If anything, it should put your mind at ease knowing that you don't have to worry should your motorcycle or someone's personal property be damaged.
Some insurance companies sell motorcycle specific policies while others offer the coverage as part of your auto policy. You should check your options when shopping for motorcycle insurance. Many insurance providers give discounts for bundling a bike on your current policy. That translates to more money for gas!
The very first thing you should do is get familiar with the laws in your particular state. Most require at least liability, but there is some difference between what certain states require to be within the law when it comes to motorcycles. You can find information about your state by contacting your state's department of insurance.
Types of Motorcycle Coverage
Even though you may be familiar with the following terms, we'll take another look to make sure that you are familiar with the various types of coverage. They are similar to the terms you go over with auto insurance policies.
Liability
Liability will cover bodily injury and any damage to someone else's property. You will be left with the financial burden of your own injuries and damage to your property if this is the only coverage you have.
Uninsured or Underinsured Motorist
If you are involved in an accident and the other party involved does not have insurance, or does not have enough, this coverage will protect you from medical bills, lost wages, and sometimes property damages.
Collision
Collision coverage will cover damage to your ride if you wreck your bike. Most insurance companies will cover the book value of your bike. You just have to choose the deductible you are comfortable with.
Comprehensive
This type of coverage will pay for the loss or damage of your motorcycle due to many factors beyond your control. Once again, you will be paid the book value and you must choose a deductible that you are comfortable with.
Factors That May Affect Your Rates
Type of Motorcycle
A sport bike will likely cost you more to insure than a cruiser. A sport bike is considered more risky to insure because of the high performance. Your inusurer will take a look at the engine size when determining your rates.
Intended Use
If you are lucky enough to live where you can and plan on using your motorcycle as your daily driver year round, be ready for a higher premium. Many insurers will cut your rates if you agree not to ride during the winter months.
Storage
If you plan on leaving the bike out in the elements or just throwing a tarp over it, be prepared to pay a higher premium. It will be cheaper on your insurance rates to have it stored indoors in a garage or storage facility.
Last But Not Least, Your Driving Record
Just like your auto insurance policy, you will have to pay a higher premium if you have violations and/or accidents on your record. Keep a clean record and you will be rewarded with lower rates. There are sometimes discounts available for completing safe riding courses.
The scenario pictured above does not have to be spoiled by the not so fun idea of finding the right coverage for your bike. If anything, it should put your mind at ease knowing that you don't have to worry should your motorcycle or someone's personal property be damaged.
Some insurance companies sell motorcycle specific policies while others offer the coverage as part of your auto policy. You should check your options when shopping for motorcycle insurance. Many insurance providers give discounts for bundling a bike on your current policy. That translates to more money for gas!
The very first thing you should do is get familiar with the laws in your particular state. Most require at least liability, but there is some difference between what certain states require to be within the law when it comes to motorcycles. You can find information about your state by contacting your state's department of insurance.
Types of Motorcycle Coverage
Even though you may be familiar with the following terms, we'll take another look to make sure that you are familiar with the various types of coverage. They are similar to the terms you go over with auto insurance policies.
Liability
Liability will cover bodily injury and any damage to someone else's property. You will be left with the financial burden of your own injuries and damage to your property if this is the only coverage you have.
Uninsured or Underinsured Motorist
If you are involved in an accident and the other party involved does not have insurance, or does not have enough, this coverage will protect you from medical bills, lost wages, and sometimes property damages.
Collision
Collision coverage will cover damage to your ride if you wreck your bike. Most insurance companies will cover the book value of your bike. You just have to choose the deductible you are comfortable with.
Comprehensive
This type of coverage will pay for the loss or damage of your motorcycle due to many factors beyond your control. Once again, you will be paid the book value and you must choose a deductible that you are comfortable with.
Factors That May Affect Your Rates
Type of Motorcycle
A sport bike will likely cost you more to insure than a cruiser. A sport bike is considered more risky to insure because of the high performance. Your inusurer will take a look at the engine size when determining your rates.
Intended Use
If you are lucky enough to live where you can and plan on using your motorcycle as your daily driver year round, be ready for a higher premium. Many insurers will cut your rates if you agree not to ride during the winter months.
Storage
If you plan on leaving the bike out in the elements or just throwing a tarp over it, be prepared to pay a higher premium. It will be cheaper on your insurance rates to have it stored indoors in a garage or storage facility.
Last But Not Least, Your Driving Record
Just like your auto insurance policy, you will have to pay a higher premium if you have violations and/or accidents on your record. Keep a clean record and you will be rewarded with lower rates. There are sometimes discounts available for completing safe riding courses.
วันอาทิตย์ที่ 4 ตุลาคม พ.ศ. 2552
Auto Insurance- Your Individual Risk Assessment and Choosing the Correct Deductible for Your Auto In by Jay Leo
Choosing the right auto insurance deductibles for you is an important decision. If you choose a higher deductible, you will most likely have a cheaper premium associated with your policy since you will be paying more out of your pocket in case of an accident.
If you choose to have a lower deductible, your insurance premium will most likely be higher since you will be paying less out of your pocket in the case of an accident.
If you seem to be accident prone, and have a history of multiple accidents on your driving record, considering a lower deductible might be the right choice for you since you won't have to pay as much at the time of the accident. Keep in mind that you will pay higher premiums but this will usually even out to say you money if a serious accident occurs. If you only drive occasionally and have an impeccable driving record, a higher deductible is probably the right choice for you.
If you believe that the instance of an accident is highly unlikely, paying less on your premium will save you a lot in the long run. In the unfortunate circumstance that an accident does occur, you will be required to pay the higher amount out of your pocket.
When deciding which way is the right way for you and your family to go, looking over your auto insurance policy history can help. Over the last couple of years, how big has your deductible been? Have you filed any claims? If you haven't filed any claims against your policy, the chance of an accident occurring with the outcome being of your fault, is less and a higher deductible can be the right choice for your family.
If after looking at your policy history, you notice that claims have been filed and you have been at fault, a lower deductible is the way for your family to go. It all comes down to risk. Anything can happen in the future and none of us can say what that will be.
Researching what your premium will be with a few different companies based on different deductible amounts can help you to make the right decision in which company is the right fit for you and your family. Performing this step and considering your individual risk level can help you save money on your insurance policies and let you apply that money to much more needed areas of your life.
If you choose to have a lower deductible, your insurance premium will most likely be higher since you will be paying less out of your pocket in the case of an accident.
If you seem to be accident prone, and have a history of multiple accidents on your driving record, considering a lower deductible might be the right choice for you since you won't have to pay as much at the time of the accident. Keep in mind that you will pay higher premiums but this will usually even out to say you money if a serious accident occurs. If you only drive occasionally and have an impeccable driving record, a higher deductible is probably the right choice for you.
If you believe that the instance of an accident is highly unlikely, paying less on your premium will save you a lot in the long run. In the unfortunate circumstance that an accident does occur, you will be required to pay the higher amount out of your pocket.
When deciding which way is the right way for you and your family to go, looking over your auto insurance policy history can help. Over the last couple of years, how big has your deductible been? Have you filed any claims? If you haven't filed any claims against your policy, the chance of an accident occurring with the outcome being of your fault, is less and a higher deductible can be the right choice for your family.
If after looking at your policy history, you notice that claims have been filed and you have been at fault, a lower deductible is the way for your family to go. It all comes down to risk. Anything can happen in the future and none of us can say what that will be.
Researching what your premium will be with a few different companies based on different deductible amounts can help you to make the right decision in which company is the right fit for you and your family. Performing this step and considering your individual risk level can help you save money on your insurance policies and let you apply that money to much more needed areas of your life.
สมัครสมาชิก:
บทความ (Atom)
