Monday, September 23, 2013

Five Reasons Term Life Insurance Is Right For You


Many people often confuse the different types of life insurance available and opt for the most common option that includes whole life insurance and permanent life insurance, hoping that it will work as an investment to acquire wealth overtime. Unfortunately, these types often have poor returns with inaccurate projections. Term life insurance is most recommended by experts due to the affordability each month and customizable plans. 


1. Affordable Rates


Whole life insurance can often cost an average of $100 a month, making it difficult to obtain for most households for an annual cost that adds up to thousands of dollars. Term life insurance costs as little as $7 a month, making it a more viable option that still has large payouts with a $100,000 policy. This makes it easier to purchase enough to cover all of the needs instead of getting the bare minimum since it's so affordable. Don't be afraid to shop around at SelectQuote.com or an easy online marketplace to obtain the best rate available for a long-term or short-term investment.

2. Simple Plans


The ins and outs of permanent or whole life insurance can often be difficult to understand, a risk for those who are inexperienced with the requirements that can be easy to get stuck in. Term life insurance is often more simple for basic coverage that can be easy to manage for those who may be new to life insurance.

3. Customizable Plans


Term life insurance is often considered a better option because the coverage can be customized by the individual, between the different term lengths of 10 to 30 years, to the different coverage amounts.

4. Invest Yourself


Instead of having another party invest your money, you can do it yourself for a better chance of earning more money and monitoring the investments more closely. It can also be easier to find better investment opportunities doing it yourself than trusting someone who may be less careful or wise with the money.

5. Coverage for Short-Term Needs


Many people do not realize that life insurance does not need to just be purchased for long-term purposes, but can also be used for a child's college tuition or to pay the mortgage after passing.

When choosing the best term life insurance coverage, it's better to obtain the plan when in great health at a younger age for more affordable rates. Most people choose to have coverage that is five to 10 times of their annual income to prevent a financial crises if an accident occurs. Although term life insurance offers extremely low rates, it's still crucial to shop around at SelectQuote and other online resources to ensure an ideal plan is chosen.


How to Keep Your Baby Safe at Home


September is the National Baby Safety Month when caregivers and parents are educated on how to  keep their baby safe. During this month, parents and the caregivers are taught how to tighten up the safety belts that are around the house. The following are some of the tips that you might be able to use.

The first one is the car seat safety. You should check if it is correctly installed by referring to the installation instructions as well as the manual of the vehicle’s owner. You should place it in the center of the back seat if possible and never in the front passenger side if there is an airbag. Your child should remain in the car seat till they are 4 years old and weigh 40 or more pounds. You should also lower the level of the music in the car.

We always look around the house searching for items or places where a child can be injured but what about the security of your home when you are at home or away. Investing in home security systems that watch your house while you are home or away can be an important part of keeping you and your child safe.

The next one is the health of the baby. You should always ensure that before allowing someone to touch your baby, he or she should wash hands. You should not allow anyone who is sick to touch your baby. 

Your baby’s crib is also a place for safety. It's best to place your child on his or her back in order to sleep. The mattress should be firm with no holes for the safety of your baby. You may keep the crib at the lowest level in order to prevent falls. Make sure that you keep the crib far away from the windows and it should be free of heavy blankets, pillows or stuffed toys.

Other things that you should do in order to keep your baby safe at home include the condition and sturdiness of toys, baby’s pacifier, stroller, baby’s food, and baby’s bath as well.  Keeping the toilet lid down in order to prevent access to water. 


Sunday, September 22, 2013

Top Financial Advice to Help You After Graduation

Being a graduate may seem all rosy on the surface; however, it is certainly just the beginning of a rat race wherein you need to struggle for a good couple of years to prove your mettle. Needless to say, your first task is to get yourself a decent first job. This, in itself, is a challenging feat with thousands of other graduates vying for a spot that only can enjoy. However, at a certain point, after acquiring your very first job, you may have to pay careful attention to your finances for several reasons. Although the sound of being independent may seem like music to the ears, you need to realize that there is immense responsibility on your shoulders as well. To make sure that you make the best of your financial resources from your first job after graduation, this compilation of financial tips will help you in the process.

1.) Ensure that you save more and spend less:


This is the most important rule that every recent college graduate must swear by. Although you have landed your first job after graduation, your career can take a turn for the worse if you do not handle it with care. The first step to ensure this is by saving all the money you earn instead of splurging it on things that you do not require. Although you have finished your graduation, you must continue living like a student by being far more frugal than you may want to. By doing this, you stabilize your career for the near future. Essentially, you must save a lot more than you actually spend. Besides, you must make sure that you spend only for what is an absolute necessity. The rest of your money should be transferred to a savings account. You will be surprised at the interest you will receive in the coming years. it is an excellent way to add value to your savings.

2.) Avoid using a credit card; save up for emergencies instead:


A credit card may seem like the only means of salvation but you must realize that it can cause more harm than good. While it can take care of an emergency situation, it can lead to horrid financial troubles later in life. Therefore, it is best that you do not resort to this means for providing for an emergency fresh after your graduation. Instead, you could save up a small amount every month to build up an emergency fund that can be used if you meet with emergency situations like an accident.

3.) You should be prompt in the payment of your student loan:


It goes without saying that paying for college can be a daunting task and therefore, most of the students prefer to opt for a student loan to get them through graduation. Some students prefer waiting it out before repaying their loans. However, you must refrain from doing so. Being prompt is the key and therefore, you must ensure that you start paying off your student loan immediately to avoid being hit by interest rates that will cause your overall balance payments to rise. You must meticulously plan out the time that you will require to pay off your debts in order to be on the safer side.

4.) Take advantage of your employee benefits:


If you are an employee of a reputable firm, you will avail of impressive employee benefits that will help you save an enormous amount. This is particularly helpful for you since you have only just recently graduated and are not completely equipped to handle every financial situation well. Therefore, employee benefits like health insurance, life insurance and other such benefits can help you immensely when you are just starting out.

Author’s bio:
Patricia Wilkinson is an employee with a well known firm. She graduated 3 years ago and has a professional degree in finance with the help of graduate schemes. Besides, she is also a blogger of http://www.graddiary.com/ and loves to eat. She also loves reading extensively on finance and always stocks up on the latest financial journals and magazines.


Saturday, September 21, 2013

Unsustainable Cost of Cancer Drugs


This year, the US Food and Drug Administration has approved several cancer treatment drugs such as Afatinib, Denosumab, Trametinib, Dabrafenib and Lenalidomide capsules among many others. This may be a breakthrough development in the field of medicine, considering the fact that more and more drugs each day are being developed in order to treat cancer. 

Unfortunately, all things come with a price. And when it comes to Cancer drugs, nothing comes cheap.

Why Cancer Drugs are so expensive


The high cost of cancer drugs is among the major issues in the healthcare industry. However, there are several factors related to the development of a single drug which makes it expensive. 

  • The cost developing the drug itself, from preclinical research to generation of data and testing, is very high.
  • Since most cancers are incurable, each patient is treated with an approved agent either sequentially or in combination, thereby creating a virtual monopoly.
  • Because of the development of new drugs, the ‘older’ drugs are viewed as a substandard treatment.
  • The very nature of cancer makes patients and physicians more willing to pay the price of treatment.
  • There is an incentive or reimbursement when chemotherapy and more expensive drugs are resorted to even if there are cheaper alternatives available.
  • Certain agencies are prevented from taking economic and cost-effective considerations when approving new cancer drugs. 

Cancer medication and expenses


Cancer drugs can hurt a lot of people’s pockets. A treatment for Kidney cancer called Afinitor cost $3,995.00 – and that’s just one drug! According to a paper signed by 120 leukemia experts from all over the world, there has been a dramatic increase in the price of cancer medications. In Sweden alone, drug therapy is supplied to patients at no cost resulting to 80% survival rate in 10 years. This is opposed to the United States or any other countries where patients will shoulder the expenses. 

Because of the costs involved, around 10% of the patients fail to take their prescribed drugs simply because they cannot afford it. As a result, their chances of survival are greatly reduced.

What can we do about it?


There are many ways that can help alleviate this situation. It is important to maintain a balance between autonomy on physicians prescribing a treatment and costs incurred by the society. This can be done by improving national guidelines that allows both patients and physicians to choose the most cost-effective methods available to them. By providing transparency on the cost-effective options available, people can make better treatment decisions.

Also, price regulation is necessary. In terms of funding the development of a new drug, a lot of money is also spent on marketing the product. Why should the public shoulder these costs when it won’t benefit them at all?

Another solution would be the creation of nonprofit generic companies. As long as companies for profit exist, expect cancer drugs to be at a higher cost. By having philanthropic foundations fund the manufacture and distribution of life-saving drugs, expenses for medications will be greatly reduced. At the end of the day, harmonizing health care affordability and profits will provide greater benefits in the long run.



Friday, September 20, 2013

How Using a Water Ionizer Can Save You Money

Mineral water being poured from a bottle into ...
We all know how healthy water is for our bodies and many are turning to bottled water rather than tap water. There are many reasons for this including the chemicals that are typically added to traditional tap water. The problem is that bottled water is expensive no matter where you buy it. Purchasing a water ionizer may seem expensive but the overall savings are amazing. If you are wondering how a water ionizer will save you money, look no further.

Medical Bills


Ionized water has been proven to decrease the levels of cancer causing free radicals in our body. Free radicals are found in our bodies and in our environment. Simply breathing in air can increase your chance of being diagnosed with cancer. By drinking ionized water, you can help flush the free radicals from your body in a natural and simple way. In addition to neutralizing free radicals, you can also increase weight loss due to the antioxidant properties of ionized water that help to remove the toxins from your body. 

Bottled Water


Many people find bottled water to be more convenient as well as healthier than their traditional tap water. The problem with bottled water is that it is expensive to purchase in the quantity you are supposed to consume daily. Most people consume over three bottles of water each day, which is ninety bottles per month. If you buy your water by the case, you may spend over sixteen dollars per case, which typically will last one person a month or less. By purchasing a water ionizer from bawellwaterionizers.com you can save hundreds of dollars a year. 

Recycling Costs


If you are environmentally conscious or live in an area that requires you to recycle, you may spend hundreds of dollars on recycling your water bottles. With a water ionizer, you can purchase a reusable bottle and fill it with water from your ionizer. This will cut the amount of plastic bottles you will be paying to recycle each month. If you choose not to recycle as a way to save money, the damage plastic bottles will do to the environment is tremendous. 

Look Younger


More people are turning to cosmetics and surgery to look younger. By simply drinking ionized water, you can look younger without expensive beauty products or surgery. Ionized water with its antioxidant properties can help rebuild skin cells and increase the elasticity of your skin. Wrinkle creams, facelifts and tummy tucks will be a thing of the past once you see the benefits of ionized water. Get the same younger look at a fraction of the cost with no surgery required. 

Filter Replacement


Standard water filters require you to change the filter approximately once a month. In addition to that, most water filters only last a year or two before you need to replace them. A water ionizer is built to last ten to fifteen years with the filter only being changed twice per year. Although the filters tend to cost more than a regular filter, you will save money throughout the year by replacing it less frequently.


How an Inheritance Funding Advance Could Help Your Family


Are you expecting an inheritance that you may not immediately receive? If you need to pay for expenses while the paperwork moves through the courts, there is a reliable solution. Although many inheritances are resolved quickly, inconsistencies in the will could mean you are waiting months before the funds are available. 

While you wait for a judge’s ruling, bills pile up and cause their own set of issues. On the other hand, an inheritance funding advance is easy to obtain, and it provides you with upfront cash to help you pay for what you need. 

Why Do You Need an Inheritance Advance? 


Losing a loved one is never easy, but when they leave behind dependents, being unable to access the money they left behind can create hardships. This is especially true if the inheritance will be used to pay for an elderly relative, children or a relative living with disabilities. However, there are several reasons why an inheritance can be delayed. In some cases, this delay can last for several years. 

Why is My Inheritance Delayed? 


When a person dies, the courts can become involved for several reasons including wrongful death or inconsistencies around the cause of death. In some cases, it can take coroners several months to determine why a person has died. 

This means that the death certificate is on hold, and this delays dispersal of any inheritance monies. Nevertheless, the primary issue that can delay an inheritance includes probate court and inconsistencies in the will. In some states, probate court is called surrogate or orphan’s court. 

Can I Get an Inheritance Loan for an Intestate Death? 


When someone dies, the estate that they leave behind is dictated by the last will and testimony. In this case, this is referred to as a testate. Sadly, when a person dies and does not leave a will behind, this is termed as an intestate death and all property falls into the courts’ hands. In these cases, an inheritance loan can still be obtained upon review by a lending agency. 

How Do Inheritance Advances Work? 


When you apply for an advance on an inheritance, the paperwork is carefully reviewed by loan officers. Although you may not understand the legalese of the process, the trained professionals involved will help you determine why you are accepted or denied. Once the application is approved, the next step is dispersal of the loan. 

Typically, a bank will give a loan and charge an interest rate along with a monthly repayment plan. On the other hand, when you use an inheritance loan service, they typically charge a fixed rate. This means that you will get your estimated inheritance advance in a lump sum minus the fees of the loan agency. When the inheritance is finally approved by the courts, the loan advance company will collect what is owed to them. 

What If I Do Not Get My Inheritance? 


In rare cases, the people due for an inheritance are denied their benefits from the courts. This action can be appealed, but it certainly makes everyone nervous. If this occurs, the proper course of action is to repay the loan as if it were distributed by the bank. 

Regardless, most people do not need to worry about this unique mishap. Instead, many satisfied customers will tell you that getting an inheritance advance beats paying late fees and discontinuation fees from overdue bills. For all of these reasons, when you need an advance on your inheritance, do not hesitate to utilize a company like Inheritance Cash Advance to call on the advice of professionals.



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