Article Cosmos: money

Life insurance is a agreement between an insured and an insurer or customer, where the customer promises to give a assigned beneficiary a sum of money after the death of the insured person.

Life insurance policy

Life insurance policy provides lifetime death benefits coverage. There are many types of life insurance that can help you in future with the facilities and benefits.

Types of life insurance

Life insurance can be divided into two categories:

Temporary

· Term

Permanent

· Universal

· Whole life

· Endowment life insurance

Term insurance

Term insurance provides life insurance coverage for a specific time of period. The policy does not generate cash value. Term is usually judged "pure" insurance, where the premium buys protection in the event of death and no more.

There are three key factors to be considered in term insurance:

1. Face amount (protection or death benefit)

2. Premium to be paid (cost to the insured), and

3. Length of coverage (term).

Term insurance is a one year policy, but the company guarantees that it will issue a policy of an equal or lesser amount apart from of the insurability of the applicant, and with a premium set for the applicant's age at that time. Term insurance is categorized in temporary insurance.

Permanent Life Insurance

Permanent life insurance is life insurance that remains active until the policy grown-up, unless the owner faces over dues. The policy cannot be removed by the insurer for any reason except fraudulent application, and any such cancellation must occur within a period of time. A permanent insurance policy builds up a cash value and thus the insurance expense over time. This means that a policy with a million dollar face value can be relatively expensive to 80 years old. The owner can access the money in the cash value by withdrawing money, scrounging the cash value, or surrendering the policy and getting the give up value.

The three basic types of permanent insurance are whole life insurance, universal life and endowment life insurance.

Whole Life Insurance

Whole life insurance provides lifetime death benefit coverage in most cases. Premiums are much higher than term insurance at younger ages, but as term insurance premiums rise with age at each renewal, the increasing value of all premiums given across a lifetime are roughly equal if policies are maintained until average life anticipation. Part of the insurance contract specify that the policyholder is allowed to a cash value preserve, which is part of the policy and guaranteed by the company. This cash value can be right to use at any time through policy loans and are received income tax free. Policy loans are obtainable until the insured's death. If there are any unpaid loans upon death, the insurer subtracts the loan amount from the death benefit and pays the remainder to the beneficiary named in the policy.

The advantages of whole life insurance are certain death benefits, guaranteed cash values, fixed, predictable annual premiums and mortality and expense charges that will not less the cash value of the policy. The disadvantages of whole life are inflexibility of premiums and the fact that the internal rate of return in the policy may not be aggressive with other savings alternatives.

Universal Life Insurance

Universal life insurance (UL) is a relatively new insurance product, it combines permanent insurance coverage with greater flexibility in premium payment for growth of cash values. There are several types of universal life insurance policies which include interest sensitive also identified as "traditional fixed universal life insurance", variable universal life (VUL), guaranteed death benefit, and equity indexed universal life insurance.

A universal life insurance policy includes a cash value. Premiums increase the cash values, but the cost of insurance reduces cash values.

Universal life insurance addresses the professed disadvantages of whole life namely that premiums and death benefit are fixed. With universal life, both the premiums and death benefit are flexible

Flexible death benefit means the policy owner can choose to decrease the death benefit. The death benefit could also be increased by the policy owner, but that would typically require the insured to go through a new underwriting.

Limited Pay

Another type of permanent insurance is Limited pay life insurance, in which all the premiums are compensated over a specified period which no additional premiums are due to the policy in force. Common limited pay periods include 10 year and are paid out at the age of 65.

Endowments

Endowments are policies in which the increasing cash value of the policy equals the death benefit at a certain age. The age at which this condition is reached is known as the endowment age. Endowments are considerably more expensive (in terms of annual premiums) than either whole life or universal life because the premium paying period is shortened and the endowment date is earlier.

It is commonly used types of life insurance article in which you can easily find out the right way to insure your policy suitable for you.you can choose out beat insurance company by reading previous article TopFive Insurance Companies In World.

Ultimate Guide on Successful Career

Career describes a personages' expedition through learning, earning, work and other side of life. There are a number of ways to describe a career and the term career is used in different ways.

Career Administration

Career administration defines the active and purposeful management of a career by person. It comprises on skills efforts, ideas, and learning. Analysis your criteria for career choice it’s a key point towards career advice. If you want to go in mark tor must research the labor market, take the education analysis, find doors to open career, and make career changes.

Career selection

Career selection depends on three factors

·         Objective factor
·         Subjective factor
·         Critical factor

Objective factor defines that the applicants are balanced. This Factor may include the salary, other benefits, location, opportunities for career advancement, etc.

Subjective factor theory suggests that decision making process by psychological and social factors. This factor includes the rank of the job and character of an institute.

Critical contact factor includes the ides of the applicant for the betterment of the institute. This theory more works with experienced professionals.

These theories assume that candidates have a free choice of employers and careers. In reality the scarcity of jobs and strong competition for desirable jobs severely skews the decision making process. In many markets employees work particular careers simply because they were forced to accept whatever work was available to them.

Career Implementation

Career Implementation is an important aspect of career and career management. It plays a role throughout the life of human being. A survey conducted by Right career selection suggests the following reasons for career implementation.

The restructuring of an organization

New challenges or opportunities that arise

Effective leadership

Have a good relationship with a manager

The key factor to a successful career

Always remember that hard work is essential to get your biggest dreams. Your goals and aims depend on hardworking and the duties of your job at work point. You should be known the work that you have to do in your job environment.

The biggest mistake to choose a career

To choose a best career for you is to determine the perfect and clear vision for future. Always clear your vision to select a best career either in shape of business or in the form of job.

Some skills to career advice

Create a new objective

Main objective challenge and provoke us, and give stimulation to our minds. To add a flash to your work, create or refresh goals that invigorate and connect you. These are different goals like smaller, short term, bigger and long term goals. Judge learning goals as well as performance goals. You should learn a new skill, acquire a designation, expand your productivity or broaden your network.

Lengthen Yourself

Make ways to move into a slightly scratchy place that will allow you to develop and test yourself. Sometimes we find ourselves on easy-and-safe Street, and while this can be nice for a while, it can also contribute to dullness and stress your brain.

Give your healthy efforts

Find something that you really like to do. Work very hard at becoming extremely good at it. To be successful in career you should do your efforts in your job environment. Healthy mind and successful efforts can give you right path to choose your career and successful in future.

Being good in business is the most fascinating kind of art. Making money is art and working is also art and good business is the best art.

A business is an institute engaged in the trade of goods, services, or both to consumers. Businesses are leading in entrepreneur economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

The term "business" has at least three findings, depending on the scope the singular usage to mean a particular organization; the generalized usage to refer to a particular market sector, "the music business" and compound forms such as agribusiness; and the broadest meaning, which includes all activity by the community of suppliers of goods and services. However, the exact definition of business, like much else in the philosophy of business, is a matter of discuss and difficulty of meanings.

Freelance writing business

To start any business some things need to be considered carefully there are list of such business that can be started within low cost/capital/investment. Freelance writing business is one of most low capital business that could be run easily. some tips and strategies are here.

Is Freelance Writing Business having a Brand?

A strong brand image can provoke people to your website. It can build attention for your business and thus increase your sales and profits.

What Is A Brand?

Many people think of a brand as a trademark or logo. These are the things that can identify a brand but brand is more than a logo or an image for the recognition of a business. Branding is important to build your business because it helps create awareness. When your viewpoints have a need, a strong brand will help them think of you first. Branding also helps establish many buying causes including likability credibility and authority depending on your brand. A brand, in short, helps you convert prospects to customers.

These are few steps to follow to start freelancing writing business.

Be clear what you want to write?

The very first step to writing your freelance writer plan is to clarify what you want to write. The types of writing I choose to focus on include:

Website blog posts

Website copy

Articles on different topics.

Speeches

Newspaper stuff

Magazine material

If you’re focusing exclusively on web clients, the first three options on this list might comprise your entire business plan. Or, if you want to see your name in print, prioritizing magazine and newspaper work might play a larger role in your guide. It’s best technique to start your business plan by focusing on the nature of work you actually want to do. It will give you more benefits to enjoy your business in the long run.

Catch your clients.

This step in this simplified business planning process is to figure out how you’ll get these clients. There are hundreds of different ways for promotion to market your freelance writing business.

Replying to job boards

Networking on social media platforms

Asking for referrals

Promote your blog URL on different websites

Querying specific businesses that target criteria

Your chosen methods may vary. If you love cold calling, put that in your business plan and make it a main concern. There’s no right or wrong way to complete any of these sections. The most important is that you create a framework for yourself that’ll keep you on trail when it comes to finding and keeping well-paying clients.

Once you have finished your plan, don’t just save it as a Word doc and never open it again. Come back to it at least once every few months to figure out if you’re on track or if your plan needs some revisions.

Do the Research

This is main focusing step to business unless you find something. You should research your city, town or some obligations regulated by the country with respect to license. As a writer, especially at the state level, where you've already made yourself know through your paperwork

Create a bank account

With your paperwork in hand, it's time to make your bank account officially. it official with your bank. Establish a separate bank account for company for credit purposes. A business bank account in the name of your writing company is your next step, and should take only about 30 minutes of your time.

Keep records

You now need to manage your writing records. Whether you choose a simple Excel spread sheet, or an entire software accounting system doesn't matter. Do focus on the ‘money in’ and ‘money out’ for account purpose.

Check Freelancing writing Rates

As a substitute of giving a pay range for each of these types of freelancing, it is best to use different methods for freelance writers.

· Per Word

· Per Hour

· Per Article

There are different ways to pay per word. Mostly national magazines will pay as much as 1.50 to 2.00 per word. For smaller, local publications, you are looking at 0.30 to 0.60 per word. Other method for paying the Freelance writer is to pay per word. But some clients don’t prefer this method. Hiring a freelance writer as a staff is another way to pay per hour. This method of payment is fairly common among all clients. The actually pay will vary from client to client and from article to article. This is where a freelance writer will have to use their conciliation skills and obtain a contract for the work.

“Assurance companies sell what might happen tomorrow.

Historians sell what certainly happened yesterday.”

What is insurance?

The normal activities of daily life carry the risk of massive financial loss. Many persons are willing to pay a small amount for security against certain risks because that protection provides valuable peace of mind. The term assurance describes any measure taken for protection against risk.

When an insured undergo a loss or harm that is covered in the policy, the insured can collect on the proceeds of the policy by filing a claim, or request for coverage, with the insurance company. The company then decides whether or not to pay the claim. The recipient of any proceeds from the policy is called the beneficiary. The beneficiary can be the insured person or other persons designated by the insured.

A customer satisfaction appraisal shows which auto, home, health and life insurance companies have the most- influenced customers.

For best quality, companies were reviewed on five dimensions:

• Customer service.

• Claims satisfaction.

• Value for price paid.

• Percent who plan to renew.

• Percent who would recommend the companies

Here are top 5 Insurance Companies Ratings:

1. American International Group
Country: united States, Market value: $172.24 billion

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies give out commercial, institutional, and individual customers through one of the most general worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.

2. AXA Group

Country: France, Market Value: $66.12 billion

In 1980, AXA did not exist. Over the next 20 years, the Group raised to become a major international player. (AXA) is a France-based holding company involved in the business of financial protection, insurance and asset management. The Company operates in three segments: Life & Savings, Property & Casualty Insurance and Asset Management. The Company's business involves the sale of savings policies, retirement accounts, and estate planning services, health insurance, car and home insurance.

3. Allianz Worldwide

Country: Germany, Market Value: $65.55 billion

Allianz is a German multinational economic services company headquartered in Munich, Germany. Its core business and focal point is insurance. As of 2010, it was the world's 12th-largest financial services group and 23rd-largest company according to a composite measure as well as the largest financial services company when measured by 2012 revenue.

The Allianz Group is one of the leading incorporated financial services providers worldwide. With nearly 155,000 employees worldwide, the Allianz Group serves approximately 75 million customers in about 70 countries. On the insurance side, Allianz is the market head in the German market and has a strong international presence. Its Allianz Global Investors division ranks as a top-five global active investment manager.

4. Manulife Financial

Country: Canada, Market Value: $50.52 billion

Manulife Financial Corporation is a Canadian insurance company and financial services provider, with a head office in Toronto, Canada. The company operates in Canada and Asia as "Manulife Financial" and in the United States. It is one of the largest life insurance companies in the world by market capitalization. Manulife Financial is serving millions of customers in 22 countries and terrains world-wide. They provide financial shield and wealth management products and services, to individual and group customers in Canada, the United States and Asia. These products and services include individual life insurance, group life and health insurance, long-term care services, pension products, annuities, mutual funds and banking products. They offer reinsurance services, specializing in life retrocession and property and casualty reinsurance and provide investment management services company has approximately 26,000 employees.

5. GeneraLI Group

Country: Italy, Market Value: $45.45 billion

The Generali Group is one of the most significant participants in the global insurance and financial products market. The Group is leader in Italy Generali, found in 1831. In recent years, the Group has made a significant return to central-eastern European markets and has set up offices in the principal markets of the Far East, among which China and India. The company operates in Canada and Asia as "Manulife Financial”. It is one of the largest life insurance companies in the world by market capitalization, and has approximately 26,000 employees.

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