Daily Archives: December 21, 2017

Archive of posts published in the specified Day

Dec
21

Bonded Life Insurance Settlements

Bonded life insurance settlements are settlement for insurance policies that are provided by bonding companies. For a premium, these companies promise to buy out the purchaser's interest in the policy at face value, in case the policy does not mature by a particular date.

Bonded policies typically have a low return on investment, as a part of the purchase funds is owed towards, paying a lump sum performance bond premium. Bonded viatical life settlements, also known as bonded viaticals, are termed as secondary market life insurance policy contracts. Viatical investment contracts have the option of, emergency or stop loss insurance on the life expectancy, which is called a wrapper.

The insurance company that issues the wrapper offers, an insurance policy or financial guarantee, according to the performance of the underlining life expectancy. This kind of financial guarantee guarantees more security and safety to policy owners, who may be interested in purchasing viatical investment contracts. This transfer of the life extension risk from the purchasers to an insurance company increases, the chances of a return on the funds that are invested.

However, there is one major risk associated with viatical purchase contracts or viatical investment. The risk is that the insured, which is also known as the viator, will live beyond their originally anticipated life expectancy. To combat the life extension risk, some vatical companies escrow additional funds to cover for it. In case these funds are exhausted prior to the maturity of the policy, its liability lies with the purchaser. It means that the purchaser of the vatical investment contract may have to maintain the account by paying the premiums, until the maturity of the contract. The maturity of the contract in this case is the death of insured.

There is also a possibility that, an escrow agent or trust department, is concerned with making payments for premiums on the life insurance policy. The status of this escrow agent or trust company status must also be looked up during the determination of the value of the investment. …

Dec
21

Affordable Auto Insurance – The Professional Advantage

There are professions that are more likely to get affordable auto insurance. Read through this article to see if yours is one of such professions. Where it's not, you can learn what makes those professions attract such discounts and then implement them. Over time you'll also reap the fruits of such adjustments. Lastly, I'll also show you how anyone (in spite of their profession) can lower their auto insurance premium.

Certain professions give attention to details more than others. In fact, it's the very basis for their success. You can, for example, be negligent as a book binder without endangering the lives of many. However, you can not be negligent as a pilot and not cause the death of hundreds or even thousands. Therefore, as part of their training, they're made to develop great attention to details.

Now, the thing about training is that once absorbed, it affects you even outside the very practice of your profession. That's what happens to these folks who've been trained to give attention to minute details. Furthermore, in the case of professionals like pilots, being safety conscious is so much a part of their daily routine that it has become second nature to them.

As if those were not enough, in these kinds of professions, your professional license could be designated if you're convinced of recklessness on the road. Therefore, these are very less likely to be involved in accidents. And, the lower the likelihood of a claim, the more affordable your auto insurance premium would be.

Now, even if you do not belong to such professions where your conduct on the road could impact your rise, you'll do well to have as if it will. Avoid those tickets. Like someone said, they cost you much more than the fines. Take your time to learn all you can to become a better driver (This includes taking courses in defensive driving). More than lowering your premium, you'll save yourself and others the pain of being involved in an accident.

Finally, whether you belong to these favored professions or not, you can get affordable auto insurance by shopping around. With the internet, all it will take is only a few minutes. Take your time to visit at least 3 quotes sites for affordable auto insurance. The very good ones will return about five quotes for you to make your comparison. I recommend that you visit at least three of such sites so you will ensure that you do not miss a quote from an insurance company not covered by any of the other auto insurance quotes sites.

Please (This is very important), make sure you input the same information in all the sites. If you vary the information you supply, you will not be able to get quotes that will lead you to very informed comparisons. …