Commercial Bank Loans and Insurance: Life Insurance Gives Happiness to your Family even after your Death

Sunday, 5 June 2011

Life Insurance Gives Happiness to your Family even after your Death

Are you wondering if you did the best thing by paying for that life insurance policy? A lot of people spend their hard earned money with no knowledge of where it's going. In fact diligent insurance purchasers don't have the information required to take the perfect decision. Here are some ideas as well as tools to help you out compare and contrast life insurance policies in India and also select the perfect one.

Life Insurance Assessment - Things you must remember

* The amount of life insurance you require - It's hard to assess the level of life insurance you basically will need, as it depends on a lot of factors. These comprise your sources of revenue, the number of dependents you have, how you live as well as spending pattern and even your debts. An excellent guideline is to multiply your annual income by any number between 5 - 10, it is the amount for that you should insure your life.

* The form of insurance plan you need - There is this endless debate of term policies against. Whole life plans so which one should you get?

Term Life Insurance Policy

With regards to life insurance comparison, nearly all experts recommend this policy if you

* Are under 40 years of age

* Do not have a family history of a life threatening disease

Term insurance is not going to offer any kind of cash value however does have substantial death advantages. Whole life insurance plans, on the other hand, will be pricey however offer cash value and also death benefits. Surveys, however, show that a large numbers of money value insurance policies are given back within a period of seven years. This makes the insurance policy highly expensive as the cash value is limited in the early years as a result of heavy fees and even profits.

Whole Life Insurance Policy

A number of consider this to be the finest life insurance policy in India. In this traditional form, the level of the premium stays the same all through the duration of the policy. The insurance policy remains helpful till the policy holder's death, even if the policy holder has paid for all the payments. This policy lets the insurer to invest the money you pay as the premium and also increase your cash reserve on your behalf.

Remember that even the best life insurance policy in India may have hidden charges or commissions that would surface after you have purchased a policy. A substantially recommended idea may be to hire an insurance counselor who'll perform a detailed survey as well as suggest the perfect life insurance policy comparison in India for your money.

No comments:

Fundamental analysis of stock

Fundamental analysis of stock can be done by looking the company's condition, whether it is a good company or not. Here are some criteria you need to check:

1. The company is market leader in the industry. As we know Coca cola is the market leader in soft drink market. Market leader is one of company's competitive advantages that differs them from other competitors. Company which is a market leader can raise their product or service price easier. Other competitive advantages you can look into are patent, strong customer base, brand and strong management.

2. The company has low debt equity ratio. This means the debt is low compared to equity. With low debt, the company can borrow more money to expand their business. Companies with high debt equity ratio are also risky because when business turns bad; their huge debt can cause additional problems. Companies with high debt equity ratio will have to pay more interest for their debts.

3. The company keeps growing each year. Asset and net income should grow every year.

4. Current asset should be higher than current liabilities. If the company needs to pay its current liabilities they can pay it with their current asset.

5. Low price earnings ratio (PE) means the stock price is low enough compared to its earning. Low PE means the stock is cheap, but this does not mean you should immediately buy it. There are two reasons why stock has low PE. First the company performance is not good so not many people buy it, hence it is cheap. The second people do not realize that it is a good company and did not buy the stock. A better use is to combine PE with Earning per Share (EPS) growth to get PEG (Price Earning Growth) ratio. You can get PEG by dividing PE with yearly EPS growth. It is advisable to look for companies with PEG under 1. If the company has PE =10 and EPS is growing 15% yearly, then PEG = 10/15 = 0.66 which is good.

6. Pay attention to the profit. Analyze where it is coming. If it comes from operational profit, then it is good. But if it come from other sources such as asset sale, then you need to consider it again as an investment.

7. The company has high ROE (Return on equity). It is divided by diving net income with equity. High ROE is usually above 15% or 25% which depends on your country. In countries with higher inflation you need to find companies with higher ROE.

8. Calculate stock fair price. If current price is below its fair price then we should buy it.

By knowing fundamental analysis of stock, you can use it to choose stocks for option trading.

Debit card Loans

Monetary discrepancies arising out of financial crunch can be a major obstacle. It is in these circumstances that you fail to tackle unforeseen financial urgencies. Dealing with the crisis requires some sort of external assistance, as it is not quite easy to arrange the funds on your own. When you are left with no other option, then it would seem ideal for you to acquire the provision of debit card loans. Coming to these loans, you will find it rater convenient to acquire quick and immediate funds. The loan amount you are in need of is deposited directly in to your debit card account. With the support of these loans, you can eventually meet your short term needs, that too without having any interference of the lender. These loans are ideal, considering the fact that you are never required to involve any asset that you own as collateral. Applicants having severe credit problems too can source these loans, owing to the no credit check approval. The no credit check approval further speeds up the processing of the loans.

If you are employed and you do have access to a valid bank account, then you can attain the service of these loans. In addition to these, you must be a permanent resident of UK and that your age should be more than 18 years. It is with these loans, which then empower you to acquire funds anywhere in between £100-£1500. The amount borrowed then has to be repaid over a period of 2-4 weeks. But then, if you do make a detailed and proper research, then you will come across lenders offering these loans against appropriate terms. To attain the loans in a competent manner, without facing much of a hassle, then it would seem perfect to make use of the online medium. Online application is devoid of any paperwork and once the verification of the details is complete, the loan amount is ten sanctioned almost immediately. Payday loans debit card make it easy for you to acquire immediate funds, with which you can sort out all your temporary financial needs.

Commercial Bank Loans and Insurance

Pages

Sunday, 5 June 2011

Life Insurance Gives Happiness to your Family even after your Death

No comments:

Post a Comment