Pftown- Articles and Information about Business and Finance.

Term life insurance can be an essential financial safety net for you and your family. There are several options available depending on your age and overall health. Picking the best term life insurance for your specific needs is a very important decision that shouldn’t be taken lightly. Following are some considerations that should be addressed. Read the rest of this entry »

Following is a short overview of the different types of life insurance.

By Susan M. Keenan ©2007

Although you purchase life insurance for yourself, your dependents are the ones who typically benefit from it. The primary purpose of life insurance is to enable your dependents to protect the family home should you die. The proceeds from life insurance policies, referred to as Read the rest of this entry »

A new car depreciates the moment it is driven off the lot. Most new car buyers or leasers are aware of this fact, but just consider it the price of having a new vehicle. But are you aware of another possible cost of having a new auto? Read the rest of this entry »

Cat insurance

By Jakob Jelling
http://www.cashbazar.com

Cat insurance can help you afford expensive medications for your cat.

There are a lot of things that can happen to your cat as it gets older - from injuries to illnesses. For that reason, many cat owners have found it worthwhile to pay for cat insurance. Cat insurance is basically health insurance for your pet, and it is actually fairly affordable. This insurance payment has a low monthly fee, which varies depending on the type of pet you have. Read the rest of this entry »

Tips to reduce auto insurance premiums.

1. Check for discounts available from your insurer, i.e. anti-theft, drivers-ed, non- smoking, etc.
2. Comparison shop, using one of the many online insurance websites.
3. Raising your deductible may lower premiums by 10-30%.
3. If your car has a relatively low value, consider dropping Read the rest of this entry »

Why buy renters insurance?
Renter’s insurance covers damage to, and loss of, your possessions. Renter’s Insurance typically covers the occurrence of damage from things like fire, smoke, hail, lightning, wind, hail, explosions, riots, water damage from pipes, theft, and vandalism. Landlords generally have insurance to cover their building, but did you know that tenants possessions aren’t covered in case of fire, burglary or other causes? In fact, your items might not be covered even if damage is caused by the landlord or his employees. If your apartment is destroyed by fire, rental insurance may help provide funds for a place to stay temporarily. Renter’s insurance may also protect you from liability if someone is injured on your premises or through actions for which you are legally liable. Read the rest of this entry »

Throughout your life you will have a lot of expenses that will require planning. When you need professional advice don’t run to your insurance agent. These agents often offer insurance based solutions with the mindset to profit. Instand turn to a financial planner.

Here are some good signs to help you determine if your financial planner is just a simple insurance agent.

♦ His business card has the name of an insurance company
♦ He works on comission
♦ He’s not a registered investment advisor
♦ He doesn’t hold a federal securites license

Insurance is to protect against a financial loss not to produce a profit. Having said that never buy life insurance as a avenue to profit. When you store money into a cash value life insurance policy not all of your money is actually being invested.. Some money is put towards paying the underwriter, policy fees, agent fees, and etc. You will never get the earning potenial out of investing into insurance. Don’t do it.