The Internal Revenue Service defines funeral trusts as “a ‘pooled Income Fund’ that is established by a funeral home/cemetery and to which a person transfers assets to cover future funeral or burial costs.” This can save survivors a lot and help them make difficult decisions. As a condition for admission, some nursing homes require that a funeral trust […]
Category Archives: Finance Guide
11
Apr
Apr
As they look to reduce costs, more finance companies are turning to offshore call centers to deliver their customer service and administrative functions. This is particularly true in the insurance sector, where there seems to be a daily newspaper announcement about UK-based services moving abroad. Recent research by Swinton insurance has shown that more insurers are using […]
11
Apr
Apr
There has been a rapid increase in the number and use of comparison websites for general insurance, as well as for consumers who use them for products like motor and home insurance. According to industry figures, almost 25% of private motor insurance was purchased through these websites in 2007. Is the intense competition among Internet buyers […]
11
Apr
Apr
What is an insurance policy? An insurance policy is an assurance or promise to pay for any covered loss or damage. The insurance company promises to pay for the loss or help you through financial catastrophes. The cost of commercial insurance is high and complicated, but it can provide you with the only protection against financial catastrophe if […]
11
Apr
Apr
Introduction to the concept Domestic partner insurance is an emerging form of insurance that is rapidly gaining popularity in the US. The obvious taboo surrounding the idea prevented it from being included in the mainstream. A married couple would normally apply for joint insurance coverage, which would lower the cost of their Insurance. This would be […]
11
Apr
Apr
I was suddenly forced to take over full-time care of my parents who were suffering from dementia and had health issues. I hadn’t heard of Long Term Care Insurance. After spending their entire life savings and starting to save my own, I was advised by the government to apply for financial assistance through the Medicaid program, […]
11
Apr
Apr
Individuals are increasingly falling prey to insurance scams and getting caught in illegal activities. There are many insurance scams, from Worker’s Comp scams and car insurance scams, because there are so many types of insurance available in the United States and Canada. These scams end up costing the victims more than they should be paying for insurance. Here […]
11
Apr
Apr
Granite Mountain Insurance’s adjuster, I. M. Strong, is sitting at your kitchen table to try and settle your motor vehicle accident case. Strong is all up in the air and ranting about how his injuries aren’t serious. His usual pitch is “Look, this has been my job for a while.” Over twenty years, I have spoken to […]
11
Apr
Apr
The days of men living with the environment’s endowment are gone. Many people are dying early because of new technologies and modern thinking. It is caused by what we eat. Some say it’s the air we inhale. Others claim that it is the stress we experience every day at work and in our home. Man, as a natural survivor, […]
11
Apr
Apr
The insurance adjuster is here. Are they too friendly? Be careful if he is! You can be friendly and welcoming. Be kind, cordial and polite – but be careful! Remember that he is paid to save the company as much as possible. This is his goal. DON’T SIGN ANYTHING. Don’t underestimate the goodwill of the adjuster. They are trained to look after […]
