13 Times When Life Insurance May Cost More

You probably need life insurance. Lots of people do.

If you have small children, a mortgage, a spouse who’s dependent on your income—or any person who would be inconvenienced financially if you were hit by a bus tomorrow, you probably should have life insurance.

RELATED: 5 Surprising Reasons You Might Want Life Insurance

Experts generally recommend buying 10 to 20 times your annual income in term life insurance, which is the most affordable variety. You make $50,000? Great. You should probably have at least $500,000 in life insurance.

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Insurers Are Getting Out Of Long Term Care — Is It Time For You To G

Prudential, Met Life, CNO, John Hancock and UNUM are either exiting the long term care insurance market or severely limiting their policies (by pricing them so high no one wants to buy them) according to Moody’s.  With companies exiting the market, I wonder if that means we should get in immediately. Why?  Long term care policies aren’t profitable to the insurance companies for two reasons. One is low interest rates but another is because people are using the benefit!  This is more evidence that we need to prepare for long term care costs.

There has been a 38% decrease in long term care policies issued in the US since 2004, but the need hasn’t gone away. Two thirds of 65 year olds will need some kind of long term care services in their lifetime and will need care for an average of about three years, which makes long term care an important aspect of a retirement plan. I can make the assumption that the reason people aren’t buying policies is no one wants to pay for one — I don’t either.

There are some situations where having coverage is vitally important even if it is expensive. One situation would be when you have a higher probability than most that you will need care and the risk is just too great to your financial security to self-insure.  Having a family history of an illness such as Alzheimer’s disease, a stroke, multiple sclerosis or any other disease where you’d need full time care for an extended period of time qualifies.  For example, with a disease like Alzheimer’s, patients are often physically healthy and live a long time period, but it’s often impossible to care for them at home.

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13 Types of Insurance a Small Business Owner Should Have

1. General Liability Insurance: Every business, even if home-based, needs to have liability insurance.  The policy provides both defense and damages if you, your employees or your products or services cause or are alleged to have caused Bodily Injury or Property Damage to a third party.

2. Property Insurance:  If you own your building or have business personal property, including office equipment, computers, inventory or tools you should consider purchasing a policy that will protect you if you have a fire, vandalism, theft, smoke damage etc.  You may also want to consider business interruption/loss of earning insurance as part of the policy to protect your earnings if the business is unable to operate.

3. Business owner’s policy (BOP): A business owner policy packages all required coverage a business owner would need. Often, BOP’s will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based on your company’s specific needs, you can alter what is included in a BOP. Typically, a business owner will save money by choosing a BOP because the bundle of services often costs less than the total cost of all the individual coverage’s.

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Downline Swaps and Guaranteed Downline

If you have ever had a hard time getting a downline for your business I suggest you try a downline swap or a guaranteed downline. There is so many business on the internet today and downlines are very hard to get for someone new in the business. That is why so many business fail. If you want to get the word about your business you need to have people working for you which is your downline. I have tried a downline swap before and it worked out wonderful. I will go into more detail of each way to get a downline below. I hope you find the information useful.

You’ve built a really bitchin’ site and submitted all of your promotion to the search engines and gotten free links all over the web, purchased tons of ezine advertising and now you finally want RESULTS. Is there no end to your greed? Aren’t you ever satisfied? No? Good for you. That is why you need help. We have all heard the experts boast about how many millions of dollars flow through the Internet and E-Commerce each year. Have you ever wondered to yourself when you will get a chance to enjoy some of that revenue? Well, your opportunity is here! If it is true that all this money is flowing through the Internet then there is no reason that you should not have your piece of the pie and making money in business opportunity programs is a numbers game, the more people buying product and marketing products, the more money is being turned over. Clearly, the people that make the most money are those with the most people under them.

Swapping has been around for a long time. Finally swapping has caught up with the internet. A swap means to trade, People have traded everything from horses to recipes. Now we can swap our services. The way a downline swap works is you sign up for something and offer to sign up for someone else’s program. Say I sign up for program A than you will sign up for my program B. This is a easy no cost way to build your downline fast and with on cost. You can find downline swaps on forums also. I takes a little research to find a good downline swap, but when you do it will be worth it. Remember it won’t happen over night, but in a little time you will have a large downline. You will be a success using this method of building a downline for your business.

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Creative Marketing for Home Businesses

Okay, so you’re working from home and you need a way to effectively market your products or business. Likely, you don’t have much money to really put into an ad campaign and besides, it gets so hard to find a really good, unique ad campaign to stick with. So what are your best choices? How can you stretch your dollar the farthest and still get the most bang for that buck? It’s time to get creative. Creativity will help you work more effectively, build your business and increase your income fast.

So where do we start?

There are many ways to creatively market your business. We’ve simply chosen a few to highlight that have worked for us. Hopefully reading through our successful tools will help you get your own creative juices flowing.

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