Monthly Archives: October 2017

You Should You Choose Term Insurance Instead of Whole Life Insurance

“Different strokes for different folks.”

When it comes to life insurance, it’s important

that you keep that saying in mind.

Most people are familiar with “whole” life insurance.

This is the kind of insurance where you will get back a certain amount of money when it

“matures” at the end of the insured period.

What you may not know is that there is another

form of life insurance called “term” life insurance.

Similar to whole life insurance, when

you get a term life policy, you pay a sum of money (the “premium”) to the insurance

company, and in exchange the company promises to pay out a certain amount of money should

you die during the period for which you are covered under the policy.

In other words, you

are buying insurance coverage for a certain period of time.

But unlike whole life insurance,

you will not get back any money at the end of the insured period when you buy term

insurance.

You may be saying to yourself, “But won’t I be throwing money down the drain?

After all, I won’t get back a single penny after the insured period!”

Hey, I understand how

you feel. But rest assured that term insurance is still a very idea, and I highly

recommend that you use it to your advantage.

So, why should you still consider term

insurance?

Well, one advantage of term insurance is that it’s cheap. In fact, for the same

amount of insurance coverage, the premium for a term policy is only a small fraction of the

whole life policy’s premium.

And this is why term policies are a great way for you to make

sure you are sufficiently covered. If you’ve never checked out the premiums of a term life

insurance, I highly suggest that you go do it soon. You’ll be surprised at how cheap it is

to bump up the insurance coverage for yourself!

Plus, you can use the money you save from

the lower premiums to invest in some other areas that can potentially generate higher

returns for you. This strategy is generally known as “buy term and invest the difference”,

and it’s something I recommend that you take into consideration as you do your financial

Eating Disorders In The Middle East

One of the least reported issues in the Middle East is the dramatic increase in obesity and eating disorders. Throughout Kuwait, Arabia, Bahrain, Qatar, Saudi Arabia and throughout the United Arab Emirates, cases of obesity are on the rise.

It is estimated by the International Diabetes Foundation that over thirty-seven million people in this area have Type 2 diabetes and only about half of those are diagnosed. While this is high, the same report indicates that with the lack of education and mental health support for eating disorders, these numbers could easily double over the next two decades.

Lifestyle and Food Choices

Two of the factors driving this rise in obesity are lifestyle and food choices. The lifestyle tends to be very sedentary without a lot of physical activity. This is particularly true for the upper to middle class families in the area, which is where the obesity issue is most dramatic.

Tied to this are the cultural issues around food. Food is seen as a way to celebrate. This includes large meals, multiple food items to choose from and an emphasis on socialising around food. Additionally, in most of these areas, going out to eat at luxurious restaurants is not just an occasional event, it is common practice.

Food Addiction

To compound matters the rich, calorie-dense food is seen as such a part of daily life, socialising and celebrating, so it becomes a comfort to people. When this is intertwined with the stigma of working with mental health professionals for issues such as depression, anxiety or addictions, it may become the way that individuals cope with stress in their lives.

In addition to food addiction, or the need for food to calm or soothe individuals, there is also an increasing rate of eating disorders from bulimia and anorexia to binge eating disorders. Give the current lack of focus on changing these issues; these numbers are also anticipated to rise dramatically over the next few years.

A New Idea To The Health Insurance Crisis In America

Lack of health insurance coverage for over 41 million Americans is one of the nation’s most pressing problems. While most elderly Americans have coverage through Medicare and nearly two-thirds of non-elderly Americans receive health coverage through employer-sponsored plans, many workers and their families remain uninsured because their employer does not offer coverage or they cannot afford the cost of coverage. Medicaid and the State Children’s Health Insurance Program (SCHIP) or HAWK-I here in Iowa help fill in the gaps for low-income children and some of their parents, but the reach of these programs is limited. As a result, millions of Americans without health insurance face adverse health consequences because of delayed or foregone health care and extending coverage to the uninsured has become a national priority. -(Information taken from kff.org)

The number of people that are forced to go without health insurance is nothing less than a crisis in this country today. We have fallen into a vicious cycle over the last few decades in which health insurance premiums have become too expensive for even a middle class family to afford. This in turn results in the inability of the uninsured to cover medical costs which often times results in the financial ruins of the family, and in turn results in the continuing loss of income by the medical community, which in turn drives the cost of medical expenses higher, finally cycling back to the insurance company which then must drive the premiums of health insurance higher to help cover the rising cost of health care.

Many proposals have been tossed around by politicians on both sides of the isle ranging from socializing health care comparable to the Canadian system, to endorsing health savings accounts and cracking down on frivolous law suits against the medical community. Many of these proposals have good points, but along with whatever good points they bring they also bring major downfalls. For instance; a socialized national health care program would eliminate the need for health insurance all together and the cost would be taken on by taxes, which in theory doesn’t seem like a bad idea. However, the downfalls to this system include a deficit in new doctors willing to get into the field due to the inevitable decline in income while the demand would grow due to no personal responsibility. In short if people didn’t have to worry about deductibles or copays that would normally keep the person from seeking medical treatment for minor things, they would simply go to the doctor every time they had an ache or pain. So now we have waiting lines for people with major health problems since everyone is scheduling an appointment while at the same time we are loosing doctors due to lack of incentive.

The current battle cry by the republican Bush administration is to push HSA’s (Health Savings Accounts) which reduce premium by taking a less expensive high deductible health insurance plan with a tax deferred savings account that earns a small interest on the side that you contribute to along with your premiums each month. Any money withdrawn from the savings account for qualified medical expenses are taken “tax-free”, and unlike a flex spending account like many people are familiar with in employer based plans, you don’t lose the money you put into the account that you don’t use. Basically if you never used any of that money in the savings account you could withdrawal or roll it over into another vehicle once you turn 62 1/2 penalty free to be used for retirement. This is a viable option for some people, however for many the premiums for these plans are still too expensive, and the problem remains that if you need major treatment in the first few years of the policy you will not have a big enough amount in the savings account to help cover the gaps leaving that person responsible for a large portion of the cost out of pocket.

Now we come to what I believe is one of the biggest problems from a health insurance agent’s point of view, which is the inability for persons with pre-existing health conditions to obtain coverage. From the number of people that contact my office searching for health insurance coverage, I would have to say that about half of them have a health condition that will either result in an insurance company declining that persons application, or result in an amendment rider which basically excludes coverage for any claims related to that condition. An example of a condition that I run across constantly is hypertension or high blood pressure. This condition will sometimes result in a company declining an application all together if other factors are involved, but most generally result in an amendment exclusion rider. You may think that this isn’t that big of a deal, after all, blood pressure medicine is about the only thing they would have to pay for out of pocket, but what many people don’t realize is that this rider will exclude ANYTHING that could be considered part of this condition including heart attacks, strokes, and aneurisms which would all result in a huge out of pocket claim. Consider the fact that my father had a double by-pass surgery recently that ended up with a final bill of around $150,000. This whole amount would have had to come out of pocket had he had a hypertension rider on his health insurance policy, not to mention the added cost of 2 months off of work thrown into the mix. On a modest income of $40,000 per year this would have ruined him financially.

So what how do we fix this problem? Obviously the proposals thus far have been flawed from the beginning, and even if one of these plans gained support from the American people chances are it would never be passed into law simply due to political infighting. One side wants to keep health care privatized while the other wants to socialize it, which as we discussed before both have upsides and downsides. It seems that we are doomed on this issue and there is no real ideas or light at the of the tunnel right? Maybe not, let me tell you about a client I had in my office a couple of years ago.

A young woman came in wanting to compare health insurance plans to see if there were any options for her and her family. She had several children and had been on Title 19 Medicaid and had been going to college paid by the state. She had recently graduated from college and had gotten a job with the local school system, however for whatever reason she was not eligible for health insurance benefits. Obviously she still couldn’t afford 5 or 6 hundred dollars per month for a plan so she went back to the aid office and explained her situation. They ended up working with us to find an acceptable private health insurance plan and reimbursed her for a percentage of the cost which I didn’t even know was possible!

This got me thinking, consider how many more people would be able to obtain coverage if they could be reimbursed by the government a percentage of the premium according to their income. For example; take a young married couple in their 20’s with one child, let’s say that their family income is $25,000 and that the average premium for a $500 deductible health insurance plan for them is $450. Just as an example let’s say that the government determined that a three person family with an annual income of $25,000 is reimbursed 50% of their premium taking the actual cost to the family to $225 per month. This is now an affordable enough premium for the family to consider.

With this merging of private insurance with government assistance we get the best of both worlds. Of course the next question goes to cost, how much more would this cost the American tax payer and how much would this raise taxes? I don’t think that it would cost the tax payers much more an here’s why I think that: First off we would bring down significantly the amount of uninsured people that are unable to pay for the medical care they get in turn driving down the total cost of health care. Secondly the number of people that are forced into bankruptcy and driven to Medicaid Title 19 assistance due to medical bills stemming from catastrophic medical conditions that don’t have health insurance coverage would be significantly reduced. This is important to keep in mind considering that once someone is on Medicaid they are receiving health care basically 100% covered by the government so there is no more incentive to not seek treatment for minor or non-existing conditions. On the flip side many conditions that would have not been caught before they became severe because a person didn’t seek treatment due to not having insurance coverage would now be caught before they turned into a catastrophic claim. Finally, if the government allocated a certain amount of money to help cover claims by people that have pre-existing conditions the private insurance companies could do away with exclusions and declines due to already existing health problems, this is already done is some states such as the HIPIOWA Iowa Comprehensive Plans which insures Iowa residents that can not obtain coverage elsewhere.

You may be sitting there thinking that this is all just wishful thinking and that these ideas could never be implemented, but all of these ideas are already being implemented. The problem is that only some states do some programs and not even most health insurance agents know that some low income families can get reimbursed for health insurance premiums. If these programs were all standardized and put into effect on a national well publicized level I believe it would put one hell of a dent in the uninsured population in this country. Now I don’t pretend to know what the reimbursement levels should be for what income levels but I do know that anything is better than nothing,

Here Are The Services You Need From Your Estate Agent

Turning into a proprietor interestingly can be both energizing and overwhelming, with the guarantee of a latent wellspring of pay being engaging yet intricate. Bearing the landowner status brings many advantages yet additionally one of its very own kind issues, in this manner picking a decent bequest operator is of fundamental significance to enable things to go as easily as could be allowed.

The same number of landowners will know, the quantity of phenomenal British colleges and other instructive foundations adjacent – including the University of Warwick, Warwickshire College and Coventry University – has implied there is a tremendous understudy populace hoping to lease here, making it an extremely gainful attempt.

The principal thing you have to request from your decision of bequest operators particularly in the event that you are a first time proprietor – is a full administration benefit that will manage everything concerning your property. This can be particularly valuable with regards to a high occupant turnover rate, as is normal with understudy inhabitants.

Key administrations that are particularly required on account of understudies incorporate the full upkeep of the property, gathering of lease and stores, and organizing and going with viewings. In spite of the fact that these are essential for every single potential occupant, on the off chance that you lease to understudies you can anticipate that these exercises will be vital on a significantly more continuous premise.

Bequest specialists will ensure they do all the diligent work for the proprietor for a sensible charge – ensuring that understudy occupants are in charge of harm to the property, gathering rent and stores all the time, and arranging property viewings every single year as the new admission of understudies arrives.

There are likewise other exceptionally valuable administrations that you can profit by as a landowner in the range, which are generally incorporated into a full property administration benefit. One of these is the determination and referencing of inhabitants utilizing the Ends Leigh referencing framework; rather than confirming imminent occupants yourself, your domain operators will do the diligent work for you.

This is pertinent for every one of the inhabitants – understudies or something else – as it can enable remove those that to have been terrible occupants in past properties and are in this way not liable to be great possibility for you. Another administration that can be given is a full stock assemblage, which will ensure that everything is as it ought to be the point at which an occupancy arrives at an end.

Once more, this is particularly valuable when managing understudy occupants, whose tenure understandings regularly last just a year prior to another arrangement of understudy inhabitants arrive. Doing a stock check is subsequently something that you or your bequest operators need to do all the time.

Changing How You Eat

As you may know, not fueling up with the right
nutrients can affect how well your body performs
and your overall fitness benefits. Even though
healthy eating is important, there are myths that
hinder your performance if you listen to them.

Below, you’ll find some myth busters on healthy
eating.

1. Working out on an empty stomach.
If you hear a rumbling noise in your stomach, the
rumbling is trying to tell you something. Without
listening to them, you are forcing your body to
run without any fuel. Before you exercise or do
any physical activity, always eat a light snack
such as an apple.

2. Relying on energy bars and drinks.
Although they are fine every once in a while, they
don’t deliver the antioxidants you need to prevent
cancer. Fruits and vegetables are your best bets,
as they are loaded in vitamins, minerals, fluid,
and fiber.

3. Skipping breakfast.
Skipping breakfast is never a good idea, as
breakfast starts the day. Your body needs fuel
as soon as possible, and without it, you’ll be
hungry throughout the day.

4. Low carb diets.
Your body needs carbohydrates for your muscles and
the storing of energy.

5. Eating what you want.
Eating healthy and exercising doesn’t give you an
all access pass to eat anything you want. Everyone
needs the same nutrients whether they exercise or
not, as well as fruits and vegetables.

6. Not enough calories
Although losing weight involves calories, losing
it too quickly is never safe. What you should do,
is aim for 1 – 2 pounds a week. Always make sure
that you are getting enough calories to keep your
body operating smoothly. If you start dropping
weight too fast, eat a bit more food.

7. Skip soda and alcohol.
Water, milk, and juice is the best to drink for
active people. You should drink often, and not
require on thirst to be an indicator. By the time
you get thirsty, your body is already running a
bit too low.

Changing how you eat is always a great step
towards healthy eating and it will affect how your
body performs. The healthier you eat, you better
you’ll feel. No matter how old you may be, healthy
eating is something you should strive for. Once
you give it a chance, you’ll see in no time at
all just how much it can change your life – for the
better.

All Residential Leases Are Not Equal

In many states, a private rent does not need to be in composing, on the off chance that it is for a year or less term. In any case, it is a smart thought to have it in composing for any term length. In any case, in the event that you do have it in composing, are the terms and conditions adequate to ensure you under state law? At the end of the day, how would you know whether you have a “decent” rent?

Above all else, the viewpoint matters. What’s useful for an inhabitant is not really, and, nearly no matter what, can’t be useful for the landowner, and the other way around. You can make certain that if a landowner contracted a lawyer to draft a rent for her, it would appear to be fundamentally unique than one drafted for an inhabitant customer. Hence, with no uncertainty, the best rent for you will be the one created particularly for you by a lawyer comfortable with your state’s statutes.

Tragically, the cost of legitimate guidance makes most private landowners search for different arrangements. Many choose to utilize the nonexclusive rents ordinarily sold at retail office supply stores. Despite the fact that such rents have been typically drafted by a lawyer, they are intended to keep away from struggle with the laws of various states, and frequently each of the fifty states. Along these lines, these leases must be nonspecific. Main concern they are not intended to conform to state statutes, yet rather to just abstain from clashing with them. This is on the grounds that the landowner occupant laws of each state can and do shift colossally. So it’s not very hard to comprehend why this sort of rent is superior to no rent by any means, yet truly not by much.

In many states, Realtors® utilize a standard shape drafted by a board at the state relationship of Realtors®. Typically, a few lawyers sit on the advisory group, so Realtors® can be agreeable that the rent is lawfully equipped. This rent is greatly improved than the locally acquired assortment, since it particularly watches state statutes and controls. Tragically, in light of the fact that the council planning this rent has no loyalty to either party, it creates the record such that it is reasonable for the two landowners and occupants. The issue with such a rent is, to the point that with an end goal to be reasonable, it amusingly leaves the two sides helpless. Without a doubt, a talented property chief can supplement the rent to profit their customer by including a couple of decision exceptional stipulations. Be that as it may, there is an utmost to what should be possible to fix the “given” by unique stipulation. Regardless, it is troublesome obligation to compose such unique stipulations without sparkling the light on the issues to such a degree, to the point that these demonstrations would pass the examination of a canny occupant prospect, in this way welcoming inquiry and level headed discussion, which is the exact opposite thing a proprietor needs at rent marking.

Maybe the most effective option is to procure an expert property supervisor to speak to you in the arrangement. Yet in addition ensure that this property chief has endured the cost of creating a lawyer checked on, restrictive rent. Not a rent outlined by an advisory group, which is reasonable for all gatherings, yet rather one that is composed particularly to ensure your interests and rights under the law.

Eating For A Healthy Heart

Bad cholesterol or a bad diet is something we all
experience at some point in time. It’s impossible
to eat healthy our whole lives, even though we may
try hard to do it. Eating healthy for your heart
is something everyone should try to do, especially
when it comes to restoring health and reducing
heart attacks.

Your heart and food
We know these things for sure – a diet high in
saturated fats will help raise your cholesterol,
which is a risk factor for heart disease. People
that are obese are more prone to heart disease. A
diet high in sodium may elevate your blood pressure,
leading to inflammation and even heart disease.

To help prevent heart disease and improve your health,
put the tips below to good use.

Eat plenty of fish
Herring, sardines, and salmon are all excellent sources
of Omega 3 essential fatty acids. Other fish are great
to, although Omega 3 may help to get your cholesterol
down to a healthier level.

Choosing healthy fats and oils
Saturated fat will increase the risk of heart disease.
It’s found in meat, butter, and even coconut oil. You
should avoid them until your cholesterol levels are
down and you are at a healthy weight. Even those
that love red meats can enjoy seafood and nuts for
their main sources of protein.

Monounsaturated fats such as olive oils will help
you to protect your heart. Olive oil is an ideal
choice for cooking, dressing, or even as a dipping
sauce.

Plenty of fiber
Fiber can help you control your cholesterol. You
can find fiber in whole grain products to help
control sugar absorption as well, which will help
you keep your digestive system healthy.

Choosing carbohydrates
Eating for your heart involves staying away from
sugary foods such as candy, cookies, cakes, and
pastries. Eating a lot of sugar isn’t good for
your heart disease at all. Healthy carbohydrates
involve whole grain breads, whole grain pasta, brown
rice, and a lot of vegetables. You should make
fruits and vegetables the main aspect of your diet.

Healthy cooking methods
Stir frying and sauteing with olive oil or canola
oil are both great methods, as you shouldn’t dip
your food in batter and fry it anymore. If you
cook chicken, remove the skin and bake it in the
oven in foil.

Instead of frying your fish you should always bake
it. Steaming your vegetables can help maintain the
most nutrients. You should use cream sauces or lots
of butter anymore either. When you eat vegetables,
try squeezing lemon juice on them or using your
favorite seasonings.

As you make the proper changes to your diet, keep in
mind that it takes time for them to become habits.
Eating healthy is always great for your body and your
lifestyle, especially when it comes to your heart and
the prevention of heart disease.