What are the different types of permanent life insurance policies?

March 6, 2021

Whole or ordinary life

This is the most common type of permanent insurance policy. It offers a death benefit along with a savings account. If you pick this type of life insurance policy, you are agreeing to pay a certain amount in premiums on a regular basis for a specific death benefit. The savings element would grow based on dividends the company pays to you.

Universal or adjustable life

This type of policy offers you more flexibility than whole life insurance. You may be able to increase the death benefit, if you pass a medical examination. The savings vehicle (called a cash value account) generally earns a money market rate of interest. After money has accumulated in your account, you will also have the option of altering your premium payments – providing there is enough money in your account to cover the costs. This can be a useful feature if your economic situation has suddenly changed. However, you would need to keep in mind that if you stop or reduce your premiums and the saving accumulation gets used up, the policy might lapse and your life insurance coverage will end. You should check with your agent before deciding not to make premium payments for extended periods because you might not have enough cash value to pay the monthly charges to prevent a policy lapse.

Variable life

This policy combines death protection with a savings account that you can invest in stocks, bonds and money market mutual funds. The value of your policy may grow more quickly, but you also have more risk. If your investments do not perform well, your cash value and death benefit may decrease. Some policies, however, guarantee that your death benefit will not fall below a minimum level.

Variable-universal life

If you purchase this type of policy, you get the features of variable and universal life policies. You have the investment risks and rewards characteristic of variable life insurance, coupled with the ability to adjust your premiums and death benefit that is characteristic of universal life insurance.

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Origins of Black Friday & Online Deals for 2020

The well-known date, Black Friday originated in Philadelphia around the 19th century. This escalated when two brokers predicted that by purchasing the most stocks of gold there would be a demand for it afterward. However, this led to a crush on the stock market at large. With time, around the mid-20th century, the law enforcers used the term to describe violence and commotion brought about by the day when there was a football match. Alternatively, nowadays it is well known as a profitable day for merchants soon after the Thanksgiving holiday. Hence, it is commonly associated with promotional discounts, massive coupon code usage, and large sums of profit. The driving forces enlisted below buying things at “affordable prices”, are some of the reasons why people do crazy shopping every Black Friday. The desire to bargain more for less – Most customers do not want to be taken advantage of by retailers. They maximise opportunities to the last quarter at their disposal. As such, discounts of more than 50 percent or more make them greedy for things they don’t need. Eventually, people pay much attention to the promo codes and bonus points they utilized in order to get a certain product rather than the value for the product to the user. It becomes a competition of who saved the most during the day than others. Limited time offers – Marketed products that have a discount valid for less than 24 hours, are motives for consumers to chase after. Customers do not want to regret purchasing a good deal after the time span elapse. Since the deal will be time-bound limited, it does not give consumers the leverage to think it over. Such an approach influences the customers to buy things out of the pressure of not wanting to feel “anticipated regret.” Friendly competition – Each time your friend has to tell you how much they saved during Black Friday it aches your heart that it could have been you. As a result of such friends, people save up a fortune to buy on an actual day. Such a friendly competition of gives a sense of pride in being the most resourceful. By so doing, many want to improve their reputation in being known as the one with the latest trending technology, cosmetics, and apparel. Such a Friday elevates the dreams to come to fruition. Impulse buying – Having spent Thanksgiving Day with family, most people are depressed after the toxic experience with their families. As such, people engage in buying things they do not need to quench their depression and sadness. The need to purchase stuff gives them a happy mood. Hence, they buy it because it is cheap and it distracts them from the actual causes of low self-esteem. By so doing, it builds momentum to spend unsparingly. It caters to all – Straight after a good old Thanksgiving dinner, grandparents can get their hammocks and knitting tools. While the adults worry about car spare parts and baking mittens. Nonetheless, the youngest generations still get their electronic devices and games at very affordable prices in the same departmental stores. The beauty of shopping together with very favourable prices becomes priceless to all. For any reason why people utilize Black Friday, the main hidden agenda comes down to optimising the gross domestic product of a country. Websites like Refermate can come in handy when you want to optimise spending less for more. This day is now a memorable one to generate profit to the retailers while offering cheap products to the consumer.
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Effective ways of cleaning household drain blockages

Dealing with clogged drains may be a pain. Everyone must have encountered this issue. No need to hire a plumber for such simple drain blockages. All one needs to do is find the essential items and the proper approach for handling them. The following are a few basic steps to clear any household blocked drain. What causes blockage? Cooking Oil – Cooking oil should never be poured down the drain because it is too thick to flow easily. Instead, it collects and clumps with food particles, resulting in an obstruction. Scraps of food – Food leftovers, like frying oil, have no place in the drainage system. Coffee grinds are particularly susceptible to this. Mineral Deposition – Constriction occurs when minerals such as calcium build up in the pipes. Although this may not produce a blockage in and of itself, it does make other forms of obstructions more likely. Soap – Although liquid soap is unlikely to clog drains, solid soap bars can become trapped in pipes and break down. Using a mesh wire guard to cover plug holes is one technique to prevent this. Hair – Long hair may be both beneficial and detrimental. Some will fall out when washing it in the bathtub or shower. As a result, it combines with other chemicals and becomes a primary cause of drain blockage. Natural Debris – Natural debris might fall into the outdoor drains when people don’t employ gutter guards. This refers to leaves and twigs, although it can also refer to dirt and grit. Measures to treat drain blockage Boiling Water – Boiling water is one of the oldest techniques in the book. This is self-explanatory. Fill the kettle halfway with water and bring it to a boil. Then pour it down the drain in sections, pausing for a few seconds between each pour. The hot water will move through the pipes, melting obstacles. This is the quickest way to unclog a drain, and you can do it all using the stuff around the house! Baking soda with salt – Salt and baking soda are ingredients that almost everyone has in their kitchen cabinets. Pour a half-cup of table salt and baking soda down the clogged drain. Allow it to operate for 10-20 minutes before pouring hot water down. When these three components are combined, they will create a chemical reaction that should remove some of the most stubborn obstructions. Pipe-Cleaning – This is a little more sophisticated method of unblocking a drain, so one should probably avoid it if anyone is not comfortable dismantling a drainpipe. However, the method is straightforward. Underneath the sink, place an empty bucket beneath the U-shaped pipe. During the procedure, the bucket will catch any water or leaks. Remove the pipe from both ends by loosening the slip nuts using a tool. Fill the bucket with any remaining items. Some may need to search the pipes for any buried debris; an old toothbrush is an excellent tool. After rinsing the pipes, reassemble everything. This will clear the drain in the majority of situations. Unblockers – Some retailers sell powerful drain unblockers that are more effective at removing obstructions. It dissolves grease, fat, and oils, making it suitable for removing more stubborn obstacles. Before beginning, always read the package directions and ensure the space is well-ventilated. Conclusion Drain clogs are inconvenient, especially if they occur frequently. Before using strong chemicals, attempt to eliminate any physical impediments. However, if you must pour something down the drain, choose a gentler solution.
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Is SMS Marketing a Cure-All Solution for Any Business?

The Example Of SMS Marketing usage by Pizza House SMS Advertising – is a handy marketing tool that allows you to communicate valuable information to customers quickly and to show your client care attitude. Today shops, banks, restaurants, delivery operators have become active users of SMS marketing. These services apply SMS for informing the target audience about the new product arrival, sales, and discounts, the transportation of parcels or letters, withdrawals and deposits. The entertainment industry uses bulk SMS to inform potential customers about upcoming events. Thus, this marketing technique can be considered as an effective tool for an advertising campaign. According to statistics provided by SMS-Smart service, a well-organized SMS marketing campaign can raise the level of sales by up to 20%, and sometimes up to 30%. Moreover, it will cost less than other marketing campaigns. A marketing offer contained inside an SMS message is read by 95% of recipients. Let’s see on the example of pizzeria business how to attract new visitors or to inform the stable clients about the improvements in the menu, a new offer, a discount or a membership card. There are lots of other reasons to communicate with the customers – all is up to the imagination of the marketing team. The primary goal of sending bulk SMS – is to increase the company’s revenue in the long-term and short-term perspectives. Problems pizzerias can solve applying bulk SMS marketing: Attract new customers to pizzeria restaurant Increasing the motivation of regular customers to order pizza, or visit pizzeria restaurant Information about events or activities Sales and discounts promotion Bulk SMS for pizzeria is a handy tool to perform marketing tasks to stimulate sales. The main thing – to use it skillfully. This will ensure a steady stream of customers and increase their loyalty for a long time. Some Peculiarities Of Pizza Business When the pizza business was just at the start point and was gaining popularity, a lot of businessmen decided to open own pizza house. Indeed, pizzerias are now in high demand and are able to bring considerable income. However, the pizzeria owners have a lot of competition there, so one should all the time have to “look sharp” and develop new ways to attract customers. For sure some pizza houses have regular clients that say it’s pizza is the tastiest in town. So, for some time such pizza houses will hold a high position in the ranking of pizzerias. But, after a while, in order to fight the competition, they need to have a secret weapon. For example, a skillful pizza maker trained in Italy, whom you can introduce in your SMS marketing campaigns. A separate item worth emphasizing in the pizza business is the importance of good service. Here belongs: hiring good waiters, paying attention to how hospitably they interact with visitors, and look at their facial expressions and tone of the conversation. One smile can be enough for the customer to come back again. Another part of customer loyalty is the interior design of a pizza house. The business owners should entrust the interior to experienced designers. In just a few weeks, they prepare a three-dimensional model of pizzerias and decide all the details. Sofas and beautiful pictures on the walls allow the guests to relax and enjoy a few slices of delicious pizza. Pay attention to the competitors. In order not to be a loser, one has to gather information about competitor pizzerias and stay ahead of them consistently. First, try to update the pizzas range periodically. Besides the usual classic pizza recipe, you one design unique variants. Pizzeria owners should use all the filling: shrimps, clams, turkey, salami, etc. In addition to pizzas regularly provide your clients drinks and desserts, so that your guests could have a pleasant time with friends over a cup of tea. Continually monitor the level of service and listen to every complaint and suggestion from the visitors. As for the service policy, regularly monitor to ensure that every customer has been served at the highest level, whether on-site service or delivery. Examples of bulk SMS texts for pizzeria: Sending bulk SMS text about new pizza types; Example: “There is a new delicious Torrita pizza, made up according to the secret Mexican recipe. See you at our pizzeria!” Bulk SMS with a birthday greeting and an invitation to get a gift, discount or any other encouragement; Example: “Dear client! The team of our pizzeria wishes you a Happy Birthday, and within 7 days we provide you a 35% discount on all our menu! We invite you to celebrate with us! ” Sending bulk SMS discounts; Example: “15% discount on the vegetarian menu each Friday. You are welcome! Tel .: 123-45-67” Sending bulk SMS texts of new services; Example: “You can now order a pizza to home or office! Free delivery! Pizzeria “Pizza”. Call us! Tel.: 123-45-67.” Sending SMS-notifications about the new order; Example: “Dear client! Your order #3579 accepted. The amount to be paid to the courier: 35 USD. Free delivery!” Sending SMS-notifications about the delivery of the order; Example: “Dear client! Bon Appetite!”. Several Results From Applying SMS Marketing Software At Your Pizzeria: Gross of every day orders Popularity among customers Boost visitors in a pizza house Positive feedbacks And many more positive moments!
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Fact sheet: Unclaimed life insurance policies

Unclaimed life insurance policies are a rare, and preventable, problem Clear communication is important when it comes to your life insurance policy. Life insurance policyholders should inform their primary beneficiaries, as well as their contingent beneficiaries, about the existence of a life insurance policy that names them. If there are valid reasons not to inform the beneficiaries—if, for example, they are young children—it is a good idea to provide this information to the executor of your estate. When informing beneficiaries and/or an estate executor that a life insurance policy exists, give them the name of the company, the policy number and, ideally, tell them what they intend the life policy’s proceeds to be used for. Life insurers keep track of their policyholders No life insurer can stay in business for very long if it develops a reputation for ignoring or not paying legitimate claims. Life insurers prioritize honoring their moral and contractual obligations and have paid out $1.1 trillion to the rightful beneficiaries of individual life insurance policies over the past two decades. However, there are times when an insured person dies and no one notifies the life insurer or initiates a claim. Fortunately, advances in technology have allowed insurers to create new processes to reduce the number of instances in which this occurs. Life insurers have begun using the U.S. Social Security Administration’s Death Master File as well as other search technologies to determine if a person insured under an individual life insurance policy has died; if they can confirm the death, the insurer will initiate a search for their beneficiaries. Retroactive application of these state-of-the-art search methods is for some companies time-consuming, expensive and not a process accounted for in the original life insurance policy contract. Forcing insurers to retroactively change the terms of the contract is a “slippery slope” that can potentially put all insurance contracts at risk. Beneficiaries have ways to track down unclaimed policies If a loved one dies, and you’re unsure about whether they purchased a life insurance policy, there are ways to find out if they did. The Insurance Information Institute, the American Council of Life Insurers and state Insurance Department websites offer consumer tips on finding unclaimed life insurance policies. Because it is vital that a life insurance policy remain in-force if at all possible, there are policies that include a mechanism to ensure the policy is not canceled even if the policyholder misses a premium payment. In cases such as these, the life insurer pays the premium out of monies that have accumulated in what is known as the “cash value account” of a permanent life insurance policy. This is an important consumer protection. It prevents a policy from lapsing if the policyholder is unable to pay their premium due to a job loss or if the bill was lost due to either a move or even a prolonged vacation. This feature is not used after the death of a policyholder. If the insured person dies, the rightful beneficiaries of their life insurance policy are able to receive the policy’s proceeds so long as the policy was in-force at the time of the insured’s death. Unclaimed life insurance policies are turned over to state government Life insurers do not keep unclaimed life insurance policies in their possession indefinitely. Unclaimed life insurance policy proceeds are turned over to the state in which the insured is last known to have resided (often with interest) after a certain number of years have passed, following state laws on unclaimed property.
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Adaptation to Dream House: Three Things that Matter

Written by Paul Sebastian It takes a lot of time and effort to build a new house in Australia. Looking around and settling for land along with the building takes a considerable amount of time and effort. A much stricter process is the idea of renovation. It involves both destruction and construction, while the former involves just one. Many defects have to be corrected first before going forth with the plan to construct more. Many facilities, including waterproofing services and painting, are available in Australia, which makes the task easier. However, numerous things have to be changed in a house that needs renovation. Research is a primary necessity for doing this. First, go around a note down all the necessary facilities that can be included for a more comfortable living. Then cut it down according to the budget and then finally fix those that a person can afford. According to data from the Housing Industry of Association (HIA) of Australia, the average renovation cost is between $40,000 to $300,000 The list must also consist of the defects that have to be corrected first. This article will give a brief idea of the common faults and needs in a house that needs renovation. Floors: Epoxy flooring is one of the best solutions for flooring undergoing innovation. This results in an aesthetic and seamless finish to floors that are long-lasting and hygienic. This can be adapted into kitchens, car parks, back-of-houses, and various other places. Flooring is considered the most expensive part of the house. Hence if you’re on a budget, it is better to stick to it and see if it is necessary. Otherwise, renovate everything else to the style of the floor. Kitchen and Bathroom: These are two places that can have many problems to fix due to their all-time use and involvement with water. There can be leaks, broken taps, moist doors, and cracked windows. The renovation process consists of replacing these things, including waterproofing services that make everything brand new. They also consist of additional provisional storage facilities. This should be planned according to the budget and requirements of the household. There are DIY kitchen cabinets available that are budget-friendly and easy to fix. Repainting cabinets and shelves which are already there can also add to the newness in the house. Toilet renovation also consists of the need for new storage spaces. Other things that need to be changed are toilet fixtures, showers, and wall painting if they are not necessary. Paint and Windows: Paint plays a massive role in giving the perfect appearance to a house. Certain colours can give a darker appearance and a moody feeling inside the house, while certain others give a happier effect. One possible paint idea for a home is black and white contrast, which provides a classic look. Another trick is to install large windows to increase the presence of sunlight in the room. If there is a facility for more windows, go for it or stick to lighter colour shades in window panes. This can give a softer look to the house. Conclusion Renovation requires a lot of effort and consistency. Plan well before getting on with the venture. There are also chances for the refurbishment to exceed the time frame. Be well planned for the alternatives, including stay and cooking.
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What are the different types of permanent life insurance policies?

Whole or ordinary life

Universal or adjustable life

Variable life

Variable-universal life

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