Invest Marque

Learn All About Investing

Invest Marque - Learn All About Investing

APOCALYPTIC LIFE INSURANCE—How Prepared Are You, Really?

0
0
0
0
0
0
0
0
0
or copy the link

If there’s anything that modern cinema has taught us, it’s that the apocalypse is coming—it’s not a question of if it is, it’s a matter of when and how. We’ve certainly been shown a plethora of ways that we all could meet our apocalyptic doom, but how seriously have we taken it? Are we really prepared?

Sure, we all have a stockpile of crossbows, water bottles, and hand grenades—who doesn’t? But if Hollywood is to really be believed, then no matter how the apocalypse comes about—a zombie hoard, an asteroid, or wicked mother-nature—at the end of the day, someone will save the day, and life will continue on. Find out more here: http://www.suncorp.com.au/insurance/life-insurance

If that’s the case—are we prepared for what happens both during and after the apocalypse? This might be where life insurance could play a very significant role.

ARM YOURSELF FOR THE APOCALYPSE… WITH LIFE INSURANCE

No, really.

Now, obviously, if the whole world sinks into the ash, there will be little point to life insurance. Who would pay the claim if the all the life insurance companies are demolished or if all the life insurance agents are zombies?

What I’m proposing here is… what if life goes on? Picks up right where it left off having hurdled a major speed bump? What happens when the life insurance companies are aware that something like the apocalypse is possible and starts figuring it into their policies and—more importantly—their premiums!

Gasp!

GET AHEAD OF THE INSURANCE COMPANIES

We all know the apocalypse is coming, but those life insurance guys? They’re behind their computers all day long doing insurance things—they’re not as in touch with the modern world and they’ve yet to put anything about a possible apocalypse into the fine print of their policies.

Take advantage! Now! Strike while the iron still has electricity! You get it.

As mentioned, it’s very possible that it could all be for nothing if all the insurance companies get crushed by asteroids—though, that would be quite the coincidence. Really? All of them? It’s always a good idea to be prepared, though, and that’s what life insurance is all about—being prepared for the unfortunate.

WHY BUY LIFE INSURANCE

The most common reason life insurance is purchased is to protect and provide for loved ones that would be financially handicapped should something happen to you—their primary source of income. If you have children, life insurance should be a no-brainer; there’s a substantial amount that children need as they grow up, college tuitions that need to be paid for, and the list goes on and on from there. If something should happen to you, those things are still going to happen and still need to be paid for, and you’ll probably sleep easier at night knowing that, no matter what, they’re taken care of.

In order to do this, you’ll need to purchase either whole life or term life insurance.

  • Whole Life: It’s exactly what it sounds like, actually. It’s a permanent life insurance policy that spans the course of your whole life. These policies aren’t typically recommended, however, as they come with fluctuating rates, fees, and if you should ever want to forfeit the policy and opt for another policy, or another investment strategy, you’d be saddled with a hefty forfeiture fee.

 

On the bright side, however, whole term policies do provide a significant tax-free cash investment incentive that matures and accumulates over the course of the policy’s life. These policies, overall, tend to work out well for individuals with significant medical history who don’t want to worry about having to find an insurance company that will cover them later.

 

  • Term Life: Again, it’s exactly what it sounds like. It’s a policy that you hold for a certain term of years—typically, 10 to 30. These policies are flat-rate, a little more simplistic—all you receive are death benefits—have no extra fees or costs, and once the term ends, you can readjust the policy to be better suited to your current financial situation. Having the ability to refinance your policy is a huge win—you never want to be paying for more than you have to.

With all of this in mind—and the possibility of the apocalypse looming overhead—just how ready are you for whatever may come your way? Psst. That was the lesson to learn here. 

Category: Insurance
  • isk8at818 says:

    What trustworthy health insurance providers are available

    My mother does not have health insurance my job does not give insurance to family people.

    I must pay monthly to some health insurance provider so my mother might get health check-up when she needs it.

    Are you aware any health insurance providers that may accept low monthly obligations since i have do not get compensated much?

    August 12, 2013 at 11:52 pm
  • Xbox360king says:

    I published my resume on careerbuilder a few several weeks ago and insurance providers keep contacting me about job possibilities. I have only scientific background, no sales. What’s track of this?

    August 24, 2013 at 1:56 am
  • sethburger says:

    Clearly anybody which has had car insurance and it has were built with a claim knows this is often very difficult. Actually, the important joke in insurance providers may be the only time you do not have insurance coverage is throughout claims time. What ought to be completed in Congress to pressure these insurance providers (that have 1000’s of complaints of wronging clients) to really spend the money for claims?

    September 3, 2013 at 9:56 pm
  • kass9191 says:

    Our prime costs originate using the healthcare companies.

    Insurance providers really fight with companies to help keep costs lower whenever possible. Why would the insurance providers want healthcare costs to become more costly?

    Do Liberals be aware of distinction between healthcare companies and health insurance providers? If how come you won’t ever hear them complain by what companies are charging to begin with?

    September 5, 2013 at 5:22 pm
  • Bryant B says:

    How’s it legal for health insurance providers to discriminate against individuals with disabilities (I am talking about, medical disabilities), but others aren’t permitted to, like supermarkets aren’t permitted to? Or possibly it’s legal for other companies to discriminate against people I’m really just curious, that’s all. Concerning the legal process. Health insurance providers type of cause me to feel mad, due to this problem. I understand I’m indicating a political opinion, however i request explore to troll. For those who have another opinnion thatn me, you are able to argue for this, but do not start trollin.’

    September 19, 2013 at 1:23 pm
  • TommyKay says:

    Within the Obama Healthcare law ( now upheld) it’s something which states the insurance providers must refund a few of the profit money that employed for advertising and administrative costs to purchasers of insurance this season since it was over what’s permitted through the government.

    The way that cash be sent should you pay a part of your premium and employer pays part? Will employer be permitted to help keep everything?

    September 24, 2013 at 7:34 am
  • Denali says:

    Insurance providers don’t wish to insure individuals who Really USE THEIR SERVICE since it COSTS THEM MONEY. Their ideal customer could be somebody that NEVER Will get SICK. For this reason they drop individuals with lengthy or costly remedies.

    If you do not trust the federal government, then so why do you drive around the streets it can make or even the wars it fights or

    the motorists license it offers a superior? OR pay your taxes?

    October 4, 2013 at 6:47 pm
  • Rkmc says:

    Say a number of Private sector insurance providers like TATA or Bajaj or Aditya Birla Group etc offering schemes like Cr existence cover or type of pension for any minimum 500 or 800 monthly premium etc….But What’s the be certain that individuals companies may even exist after twenty five years…How’s my money guaranteed?help.

    October 9, 2013 at 5:25 pm
  • Jesse says:

    What’s the reason for insurance providers asking for the need for your automobile to become insured, when in the finish during the day it counts as nothing if a person must have any sort of accident. Its only a useless you’ll need the insurance coverage document. Could anybody explain.??

    October 10, 2013 at 6:38 am
  • thinkthought says:

    I do not really understand existing conditions. Basically switch insurance providers, and neglect to benefit by an existing condition, wouldso would they ever determine if ‘was’ a current condition basically switch doctors? Do insurance providers share files or something like that?

    October 11, 2013 at 10:57 am
  • Roar me R says:

    Are insurance providers having to pay the dems to help keep this exemption in position?

    October 22, 2013 at 7:37 am
  • mike s says:

    I lately experienced my claim refused in the insurance provider that covers the guy who hit my vehicle. I filed claims today with my insurance provider plus they determined the guy was, indeed, to blame. My claim insurer stated that the next phase was for that insurance providers to fight it. I had been just wondering what goes on when 2 insurance providers fight it and just what happens later on.

    October 22, 2013 at 7:37 am
  • andresumoza says:

    Following the disaster in Japan, I just read somewhere the insurance providers need to pay approximately 14 to 33 billion dollars to Japanese people.

    I am sure they’ll pay out the cash, but I am curious, what goes on when an insurance provider hasn’t enough money to pay for? Exist some rules and rules in position to ensure that the businesses can’t insure greater than they are able to manage to pay?

    October 22, 2013 at 11:16 am
  • dubmecrazy3 says:

    I’m curious how health insurance providers got this type of “foothold” within the U . s . States.

    October 23, 2013 at 3:57 am
  • stingerms says:

    I’ve been reading through lots of bad reviews for insurance for your pet companies and just how they do not pay you much for costly proecedures. Any suggestions? Also, anybody are conscious of any companies that don’t cause you to spend the money for vet first?

    October 23, 2013 at 3:57 am
  • John says:

    Are you aware Insurance providers let you know what doctors you can observe and let you know what methods the physician are capable of doing and may deny you coverage unconditionally. Insurance providers aren’t in the industry of supplying heath care they’re in the industry of creating profit for his or her Boss and stock holders. Why not desire a universal healthcare, it is not sensible.

    October 30, 2013 at 5:30 pm
  • kevindiking67verizonnet says:

    I simply [tried to] informed myself around the the concern reform. However it helped me question if making these insurance providers make their plans less expensive will be sending them to waste.

    I only question this due to all of the banks that died off previously. Idk why they went under either if you would choose to explain that a lot.

    October 30, 2013 at 6:53 pm
  • Taylor G says:

    I’d appreciate if anybody whatsoever may lead me to articles, sites, etc. that will showcase the next question: How are insurance providers and also the Government responding towards the impact of climatic change?

    If your source isn’t available, a good explanation may also be much appreciated.

    November 2, 2013 at 6:32 pm
  • zigg3ns says:

    Does anybody understand how much profit did insurance providers make in 2007 and 2008? Or where I’m able to have this info.

    I want these stats for any project I’m focusing on and also thanks ahead of time.

    November 5, 2013 at 5:36 pm
  • LN13 says:

    For this reason healthcare is costly, insurance providers making huge profits at the fee for the sick. Regulate the to create the price lower.

    November 12, 2013 at 4:46 pm
  • Oilers says:

    If an individual filed claims for thievery, burglary, or anything like that, how can the insurance providers determine if they are laying or otherwise? Even when people provide receipts or pictures, will they undergo a procedure to make certain the item was bought with that person? You might also need the authority to blackout any private information, this way your charge card information is going to be secure. What exactly do insurance providers have to utilize? If someone’s crafty enough, they are able to forge receipts, take fake pictures, or have some method of getting owner’s manuals to supply fake proof.

    November 20, 2013 at 5:41 pm
  • Andres C says:

    What exactly are insurance providers most scared of?

    November 23, 2013 at 3:23 am
  • x_blind_x_gamer_x says:

    My friend who is an MBA said that if this were implemented, all the insurance companies would just move to South Dakota, because they have the weakest laws, and then they would be able to sell insurance to everyone and ignore all the other states’ laws. Is that true?

    December 2, 2013 at 1:31 pm
  • shahrukh says:

    I realize that insurance providers use credit ratings for this function, but I’ve been not able to encourage them to let me know which credit ratings create a specific number rating. Because the cost of my insurance plan is associated with these details, In my opinion these details ought to be distributed around customers.

    December 2, 2013 at 1:31 pm
  • Arminator says:

    I usually learn about how both of these groups hate one another, and my very own lawyer talks like he hates insurance providers above all else on the planet. However I will not help thinking, what is the real relationship? Are both of these groups truly in opposition to each other, or perhaps is it simply some mutually-lucrative arrangement? Is the bitterness a sham? Anybody who is employed by a large insurance provider or who’s or is employed by a personal injuries lawyer, I’d like to read your solutions!

    December 5, 2013 at 11:28 pm
  • Ryan Z says:

    So why do insurance providers buy pension funds from companies? How can they create money using the type of pension from the company’s hands?

    Does the organization providing the type of pension pay almost anything to the insurance provider to accept liability business hands?

    December 7, 2013 at 12:56 pm
  • Dr Dorian says:

    Insurance providers taking part within the Federal Employees Health Benefit Program are permitted to boost rates considerably even if federal retired people (disability retired people incorporated) even if retired people don’t get an increase. Why don’t you enact legislation that stops this? Our rates have elevated greater than $100 monthly. Do you know me why?

    December 25, 2013 at 5:04 pm
  • Jeracoo L says:

    Would Insurance providers require insurance license for those staff for generating commission and everything? I understand students can function anywhere but how about insurance provider?

    December 27, 2013 at 3:54 am
  • Ed D says:

    I would like an insurance provider that will not invade our last little bit of privacy – our DNA. After they have your DNA they are able to make a myriad of determinations in regards to you, health, personality, a myriad of things. Years back reasearchers were prepared to pay $5,000. $ $ $ $ to enable you to get to give your very private – unique simply to you dna for them. Now insurance providers get us to pay for these to children us! Is anybody conscious of a business to purchase term existence inches. without DNA sample?

    January 3, 2014 at 10:58 am
  • vanvark83 says:

    I want a great insurance provider!! It will likely be my hubby (22) and that i (21)…any suggestions…???

    Any which i should avoid??

    Serious solutions only.

    Thanks ahead of time all.

    April 1, 2014 at 4:07 am
  • norrin_shadowwolf says:

    Hey, i have got a phone call through monster.com by “AIL” and i am wondering if anybody knows anything relating to this company? or how it is like to utilize them like a sales repetition.

    I understand practically nothing relating to this company, i am not really confident that its legit, it most likely is though.

    “Hello,

    Your resume was submitted in my experience and it appears as though your experience and abilities are potential match for any sales/customer support position at American Earnings Life Insurance Coverage Company.

    You might not have come across us, but you’ll. Now is easily the most exciting amount of time in the 50 plus year good reputation for our organization we’re growing fast. We’ve the best services, the best market, and we’re focusing on contracting the best people.

    Unlike others within the insurance industry, American Earnings is not only a method to earn a living its a life-style. Its a way to succeed by helping others live more rewarding lives by discussing our insurance items and supplemental benefits.

    We feel that whenever you help others achieve their dreams, individuals people can help you achieve your dreams. Its that easy, and delay pills work. American Earnings is a lot more than an Insurance Provider its a unique lifestyle your existence when you are and services information to other people. We offer local office learning Sales and Leadership Development, conventions and purchasers incentive outings to exciting and exotic locations, not to mention fun!

    Have a look at our website. Please call us if you’re interested. I anticipate talking about this chance along with you soon!”

    I’ve no training in customer support, must i undergo with this particular?

    June 14, 2014 at 5:43 am

Your email address will not be published. Required fields are marked *

*