According to the article “Fixing Health Care Is Good for Business” by Gary Locke on the Wall Street Journal’s website, without health insurance reform the price of an average household’s health insurance will almost double over the next 10 years from $13,000 to $25,000.
This is why health care reform is so crucial. 47 million Americans are currently without health insurance and the rising health insurance costs are severely affecting American companies as well. In 1960, companies spent about 1.2% of payroll on health insurance and by 2006 it was up to 9.9%. This rate is unsustainable for companies and has to change because it is crushing US jobs. Read the rest of this entry »
A Home Insurance cover though cannot prevent disaster, but it can prepare a person for the damage and destruction caused in situations like floods, fire, cyclone, etc. These days, policies that cover damage to homes have diversified and even include clauses that cover things like robbery.
This is because a home is not just limited to four walls and a roof. Its definition also includes all things that fill it up from inside. When a person builds a dream house, he not only invests in the physical frame of the home, but also puts in time, effort and money to decorate the interiors. Each item that decorates a house from inside gives it a distinct character and is equally dear to the owner. Read the rest of this entry »
Posted by admin | Posted in Uncategorized | Posted on 30-08-2009
While thinking about car insurance is just about as exciting as watching paint dry, it is a necessity. Most of us will have to pay for motor insurance and, is a legal requirement if you are driving a vehicle on the roads. Yet many of us still do not know enough about the product and what the cover entails.
When shopping around, or indeed buying car insurance for the first time, it makes sense to know what kind of policy would best suit your circumstances. This particular issue centres around what you are driving and for what reason.
There are three different levels of car insurance cover. The basic product is standard Third Party insurance. This covers a few eventualities that may occur when you are out on the road. Read the rest of this entry »
Posted by admin | Posted in Uncategorized | Posted on 30-08-2009
Building a family cannot be an easy process, being single is different but when you start a family your share of responsibilities increase. Since quite few years you would have acquired wealth and have your share of investments and assets; all this requires loads of hard work, time and energy.
Take a minute and ponder what would be the situation of your family once they removed you out of the picture? All the wealth that you have would not suffice a family of four after say ten years. With the increase in inflation, all your savings would come to a standstill.
If the unfortunate accident of your loved one will leave you in a state of misery then you have to plan accordingly to ensure a safer future for your family.
The market is flooded with many policies that one can benefit from, however the best part about term insurance is that it is for a shorter period of time. This policy will suffice your needs and protect your family from debts once you were gone. Read the rest of this entry »
In Celebration of Life Insurance Awareness Month in September, LIFE ( Life and Health Insurance Foundation for Education) published “The Seven Wonders of Life Insurance” on their website LifeHappens.
The Seven Wonders of Life Insurance are:
1. Buys Time: Allows loved ones to focus on their grief by helping to pay for the funeral and other final expenses.
2. Provides a Fresh Start: Lets loved ones start with a clean slate by helping to pay off credit card bills, outstanding loans and even the mortgage.
3. Generates Income: Helps replace lost income for years to come so that surviving family members can continue to pay for life’s necessities.
4. Offers flexibility: Gives a surviving spouse the chance to take time off from work or to switch to a job that offers a more flexible work schedule.
5. Creates opportunities: Can provide funding to start a business, or pay for schooling so surviving family members can train for a new career. Read the rest of this entry »
According to the article “Fixing Health Care Is Good for Business” by Gary Locke on the Wall Street Journal’s website, without health insurance reform the price of an average household’s health insurance will almost double over the next 10 years from $13,000 to $25,000.