Shopping for Life Insurance With No Physical Exam Required

When looking for life insurance products that will cover you regardless of your medical history, be sure to shop around; not all life insurance products are the same. Whether you’re looking for a guaranteed acceptance program or just trying to avoid a trip to the doctor’s office, there are certainly options available.Benefits of Life Insurance

Life insurance is one of those expenses that not everyone thinks about until they need it. These plans cover the unexpected and protect families in a time of need by providing financial compensation when a loss of life occurs. It is important for everyone, no matter what their age or health, to consider getting a life insurance policy to ensure their loved ones are taken care of after they’re gone.

No Exam Policies

Just because a company offers an option for no medical exam life insurance, doesn’t mean that potential customers can’t be denied due to their health. Often, these companies require customers to fill out a mandatory health questionnaire that will determine their eligibility and premiums. Though much less intrusive and far less comprehensive as a physical exam by a physician, these questionnaires and troublesome for people with existing health conditions that make obtaining coverage difficult. While not all conditions will exclude you from coverage, some of them may raise the premium depending on the requirements of the company.

Guaranteed Acceptance Life Insurance

Mostly offered for individuals above the age of 55, these programs have become increasingly popular in recent years. With higher premiums than other traditional life insurance plans, these options are starting to become more widely available to different age groups. While coverage rates will vary just like any other plan, these are still a great option for those looking for the protection that a quality life insurance plan offers.

No one has ever been able to predict the future, investing in a life insurance plan offers guaranteed protection and peace of mind some of life’s most difficult times. Be sure to do your research and shop around before committing to any insurer to make sure that you are getting the best coverage possible for you and your loved ones.

The Benefits of Burial Readiness

Continuing our discussion about burial insurance…

One truth in life which cannot be denied is that we all must come to terms with our mortality. When we think about our demise assuredly the happiest of thoughts are not evoked. However we can take measures to ensure that such thoughts are ones which bring us peace of mind. And in obtaining this peace of mind we are made happy in the awareness that this endeavor can be achieved with the benefits derived from burial insurance.

Burial insurance provides the security of finding peaceful closure with ones life. No matter how one has lived what stands out to most will be the way in which we died. A funeral is the celebration of our lives. This event will forever remain a cherished and revisited moment by our loved ones. Not only will burial insurance provide peace of mind for us it will also provide peace of mind to those we leave behind. It allows for those left behind to accept our passing in a positive light versus being burdened and distracted with finding the financial means to bury us.

Amazingly burial insurance is quite affordable with plans to fit any budget. Payment arrangements can be satisfactorily set up to allow for the burial to take place without a hitch. This enables for full attention and devotion to the dearly departed and the joy of reminiscing the good times without needing to dwell on any negative aspects which could put a damper on this very monumental day. There are so many pleasant thoughts we can have without having to dread the end of living. Why rob ourselves of the joy found in life by the denial of the truth that it will one day end. Why not instead take the opportunity to make sure that we are burial ready.

Should I Buy Funeral Insurance?

Funeral insurance is a type of insurance policy that will pay for the expenses associated with a policyholder’s funeral. Because the types of policies pay in the event of the policyholder’s death, many people who already have life insurance policies make the assumption that they do not have to have this coverage. Many people with life insurance policies and nearly everyone without any other type of life insurance coverage probably needs this type of insurance, however.

With an average funeral today costing a family around $7,500 and incidental expenses such as travel and hosting costing even more, it is becoming a more and more common scenario for families to quickly deplete the funds given out by a small life insurance policy. A policy that has a benefit of $100,000 for example, would lose about 10% of that money to pay for a funeral.

People who have no type of funeral or burial insurance will have to either leave enough in savings to pay for these costs or rely on friends and family members to pay them. In many cases, paying for a funeral is a major financial burden on the loved ones that a person leaves behind.

Of course, it is possible to select cheaper options for a person’s final costs. In fact, there are several options available to people to reduce their final costs. Many people decide to simply save money on their own for a small funeral and skip funeral insurance coverage.

It makes sense for each person to evaluate their own funeral insurance needs. A person with a young family might want to buy a small funeral insurance policy to cover their expenses and free up money for other expenses. As that family gets older, however, a burial insurance policy can ensure that young adult children are not faced with a large expense while they are starting off their financial lives. In other cases, however, this type of coverage may not be necessary because the estate will leave enough funds to pay for a funeral.

Health Insurance for Children

The medical demands of children are much greater than the average adult. Although children may sometimes seem quite resilient, and bounce back easily from common minor illnesses, they are also quite vulnerable to major sickness and injury. Without proper medical attention, a child can succumb to a dangerous illness within days, or even hours. Decisions about their care should be made as immediately as possible, and without financial pressure altering the decision. Health insurance is an absolute necessity when raising healthy children. You can find health insurance for children only if your employer plan does not cover family members.

Kids need vaccinations nearly every year during their young lives. Especially in the early years, the cost of these office visits and vaccinations can really add up over time. These vaccinations are not only required in all school districts, but more importantly, they prevent certain serious and deadly diseases. Setting up your child with the right vaccinations as early as possible will continue to protect them for the rest of their lives.

The last thing any parent would want is for their child to ever be injured, but trips to the emergency room happen to nearly every child. There is no way to avoid it; kids are notoriously reckless and accidents just happen. Medical bills for even a single trip to the hospital can financially ruin the average family, if they are uninsured at the time of visit. There is no reason to take your chances, as you would want to afford the best care for them, no matter what procedures may need to be done.

Shopping for an individual health insurance policy for your child is a relatively simple process, even if your employer does not offer you a family plan. All major health insurance companies have websites that include policy coverage details as well as a way to begin the enrollment process. Some third party sites facilitate searching for a plan by offering side by side comparisons.

Purchasing health insurance for your child ensures that their health needs will be met in any circumstances. This peace of mind is worth the time and effort to set your child firmly on the path of living healthy lives.

3 Auto Insurance Savings Many People Miss

When you need to buy auto insurance, saving money should be at the top of your priority list. There are many different insurance companies out there, and there is no excuse in today’s market to overpay for auto insurance coverage. If you do, you are essentially throwing money away that you don’t need to spend. Here are three areas of savings that you might have missed out on so far.

1. Bundle Discounts

In some cases, you can actually get a discount for bundling different areas of coverage together. For example, if you have a homeowner’s insurance policy, you could get a discount if you’ll buy both policies from the same company. You may be able to get a discount for bundling other policies such as life insurance, disability insurance, or even health insurance coverage.

2. Location, Location, Location
Obviously you hear the importance of location when people discuss real estate. Well, your location also plays a role in your auto insurance premium. Where you live as well as where you work can either decrease or increase the cost of your policy. Auto insurance in Florida costs different than an identical policy in New York City.

3. Cutting Back on Coverage

If you have an older car, you can probably save some money by cutting back on your existing coverage. If you have a “full coverage” auto insurance policy, you could potentially get rid of the comprehensive and collision insurance part of your policy. When you eliminate those portions of your coverage, you can save quite a bit of money on your insurance premiums every month. The drawback is that you would have to pay for the damage to your car if you were responsible for an accident. However, if you drive a car that isn’t worth that much money, it may be worth the risk to you.

4. Improve Your Credit

When you want to save money on auto insurance, one of the best things that you can do is to get your credit profile in order. When you start improving your credit, your premiums will go down. This is because, the insurance companies look at your credit history to determine how much of a risk you are. There is a correlation between poor credit and high claim volume. This means that if you’ll get your credit back on the right track, it can make a huge difference in saving you money on your auto insurance. You may be surprised how big of a difference it can make.

3 Tips For Daily Money Management

If you have no idea where you money goes, you are headed for financial disaster. Many people who find themselves up to their ears in debt got there through daily money mismanagement rather than huge spending sprees. Here are a few tips that will help you keep your finances under control.

1. Know Where Your Money is Going

People with financial difficulties are predominantly impulse buyers. One ten dollar impulse purchase isn’t a huge deal, but if you are going ten dollars over budget every day, it will add up quickly. For the next couple of weeks, write down every purchase you make. If seeing how much you spent gives you sticker shock, you are an impulse spender. Simply becoming aware of any bad spending habits will help you curb them.

2. Have a Plan

As you allocate your daily allowance, keep your long-term goals in mind. Are you trying to get out of debt, save money for your child to go to college, or save for retirement? The way to reach these long-term goals is to take small steps every day toward reaching them.

3. Have Multiple Bank Accounts

If you are like most people, you pay for the majority of your purchases with your bank or debit card. While electronic payments are convenient, they also make it easier for someone to steal your information. One way to minimize your risk is to separate your money into different accounts; one for personal use, and one for everyday expenses. Only keep a few hundred dollars maximum in the account that you are exposing to the outside world. That way, most of your money will be safe even if someone gets a hold of your payment information. Identity fraud is another important reason to keep close tabs on your spending. Many identity thieves will only withdraw small quantities from your account at a time, slowly sucking money from your account like leaches. They can get away with it because so many people have no idea how much they spend every day and don’t question small withdrawals. If you know exactly where every dollar goes, you will be able to prevent this from happening to you.

Welcome , today is Saturday, December 20, 2014