How to know if you need Life Insurance

We’ve all heard of Life Insurance, but as it’s based on your own individual situation, knowing whether or not you need this cover can be confusing. To make things a little easier, the following steps outline a few of the most common scenarios in which having a Life Insurance policy is beneficial, and will help you decide if you need this type of Life cover too.
If you’re a parent:
If you’re a parent or about to be one you might want to consider taking out Life Insurance. Being a parent doesn’t come cheap – in the UK the estimated cost for raising a child from birth to age 11 comes in at a staggering £84,000 (or £110,500) and that’s all before college and university fees! If you were to pass away, these costs would not go away – your children would still need to be provided for. A Life Insurance policy would make this possible and, in paying a lump sum to your beneficiaries upon your death, it would provide welcome help with the ongoing costs involved in parenthood.

If you’ve got a mortgage:
If you’re a mortgage holder you may also want to consider Life Insurance, especially if this is shared with another person. In the event of your death, mortgage payments would still need to be met which, without your contribution, could put unimaginable financial pressure on the co-mortgage-owner. The lump sum payout from your Life Insurance policy could help alleviate the financial burden of this, helping to cover the monthly payments or even pay-off the mortgage entirely.

If you have any loans:
If you have any loans, such a car loan, a Life Insurance policy may also be beneficial. Like mortgage repayments, in the event of your death, these payments would not simply go away. A Life insurance policy could be used to pay this off so that your dependants would not be lumbered with the financial responsibility of these repayments.

If you’re self-employed:
If you’re self-employed a Life Insurance policy is a employee benefit you’re not likely to privilege from. Most companies provide some sort of life assurance for employees and whether it’s a death in service benefit or Life Insurance, these company perks can provide the necessary financial support for loved ones during an already difficult time. If however you’re self-employed, it’s unlikely you’ve put this protection in place for yourself. A Life Insurance policy would thus ensure you would receive the same protection as your company-employed counterparts.
Top Tips:
Your motivation for buying life insurance will provide a good indicator of how long you need cover for. If, for example, it’s for your children’s college fund, once they’ve graduated, this cover may no longer be needed.
Consider taking a joint life insurance if you share mortgage repayments with another person.
Even if you’re not self-employed and are covered by employer benefits, it’s also worth considering taking out a separate Life Insurance policy. For example if you ended up switching jobs, you may lose this privilege and thus would not have any sort of protection in place.
Do your research, compare quotes from a range of different sites and consider a discount broker to help bring your premiums down.

Should Your Insurance Company Offer Cyber Protection?

Cyber security has become a growing concern for U.S. companies over the past couple of years, and for good reason. Information breaches have not only become increasingly common, but also much larger. Nothing illustrates the state of modern web security quite as well as the most recent breach, which saw hackers target the IRS by exploiting faulty security to compromise over 100,000 taxpayer records.
Similar breaches have also affected much smaller companies, and it’s common to see a forward-thinking insurance company racing to adapt. Here is what you need to know to determine if, first, you’re actually in need of cyber insurance and, second, what you should look for in a policy.

Are You At Risk?

If you work with customer information of any kind, then the answer is likely yes. The term to look out for here is Personally Identifiable Information, or PII. It’s not a technical term, but rather a legal term that carries some teeth if you have to deal with it.

At its root, PII is any piece of collected information that could potentially allow a third party to identify a business’s individual clients. Given how good the Internet is at leveraging even tiny hints to track down a person, that definition is awfully broad. Full names, email addresses, site nicknames, and (sometimes) even web cookies can all qualify as PII.

If you’re storing anything that falls under the PII umbrella, you’re at risk of a breach. Breaches are enormously costly, both for affected customers and for the company responsible for the loss. Companies in the healthcare and retail industries are obviously at an increased risk, but when it comes down to it, any business that makes a habit of collecting information should ask their insurance company about cyber policies.

What Your Cyber Policy Needs

You’ll need to look for a few things in any cyber insurance policy. As you may expect, a good policy should cover the financial damages directly caused by a breach. However, cyber attacks can cause financial damage in a wide variety of ways. In particular, make sure that your company is protected against:

- Losses caused by lost time and productivity. A major hack can cause company gears to grind to a halt. Find an insurance company that guarantees coverage for the revenue lost during this period. – Indemnification caused by a third party. Few modern companies handle their data on their own. Outsourced IT support or other companies can fall victim to a breach that affects your customers. – Loss of Reputation. Breached companies, even those that have done their due diligence, almost always take a PR hit in the wake of an attack. A good policy offers some cushioning against the customer losses that generally ensue.

Finally, also try your best to work with an insurance company that has an educational component. Some plans will also come with training to avoid a breach. As nice as protection is, it’s safe to say that it’s best left unused. Installing a set of best practices can help keep you from having to rely on a safety net in the first place.

Going for Good Auto Insurance

There are only a few states that still implement the no-fault regulation, meaning there will be payout even when you are liable for accidents or property damage. Another strange thing is the fact that insurance company can cancel your policy for various reasons for examples serious traffic violation or felony, repeated offenses, DUI, lapses, and more.
If you insurer issues a termination or cancelation of your policy, it is possible that you are now a high-risk driver. For such driver, possibility to get another insurance coverage is very low. A good way to acquire coverage is by purchasing it from the non-standard insurance market.

What is the high-risk driver?

There are more than several ways to define what high-risk driver means. Some insurance companies just use the term to represent a particular type of drivers who do not meet the requirements to get an insurance policy. However, requirements to get insurance vary from company to company. The term can also refer to drivers who have a bigger chance of getting into accidents due to physical or psychological limitations such as reduced visibility and lack of experience.

Someone with multiple traffic tickets is probably high risk too. High-risk drivers are those with strong tendency to file claims. For standard market insurers, more claims mean more payout, and this is not a real business.

While it is hard to figure out a definitive description of high-risk driver, there are some common reasons why someone is classified as high risk:

· Having a Traffic Violation: committing a serious traffic violation puts a bad score on your driving record. A violation or involvement in an accident that causes death, or severe injury is a significant factor in high-risk classification. Some insurance companies offer additional coverage to waive single violation for a fee, but some other insurers do not have such feature. If there is no way to waive a violation, chances are you are now officially high risk.

· Being a Teen Driver: most people start to drive as teenagers. When applying insurance for the first time, some companies will regard you as a driver with the lack of experience on the road. With not enough experience, insurers are reluctant to provide coverage.

· DUI: this is a serious violation in most states. Driving under the influence of alcohol or drugs is dangerous for yourself and other people. It opens the door for reckless driving, and serious consequences including severe injuries in case accident happen. A driver with DUI record is not likely to get insurance from the standard market.

· Bad credit score: as unfair as it may seem, some insurers use a credit score to determine application approval. Bad credit score has correlations with the possibility of missing an insurance payment. This is not the ideal customer.

· High-risk cars: particular car models including sport, antique, supercars, and collectibles are expensive to repair. They are also a potential target of theft, rendering them high-risk insurance customers.

Non-standard Insurance Market

If a low-risk driver can purchase insurance from the standard market, the high-risk ones can acquire the same thing from the non-standard counterpart. In many cases, the non-standard market is more expensive, but it does not mean that high-risk drivers cannot get affordable coverage. As a company that focuses on the non-standard market, Good to Go Auto Insurance still offers a broad range of discounts and several payment options to make your expenses more manageable.

There are three types of cuts including Driver Discount, Vehicle Discount, and Policy Discount. Each category includes various offers, allowing for more than 40% of discounts on premium fee. Good to Go Auto Insurance has three payment options including monthly installments, quarterly payments, and annual payment, which comes with 31% discount. Most types of discounts from the company require only simple eligibility requirements for examples completing the defensive driving course, installing safety features on the car, activating text blocking device, and some other necessary details. For customers who own dwelling place on their lands, there are homeownership discounts.

Another interesting fact about Good to Go Auto Insurance is that it works within a network of subsidiaries of American Independent Companies, Inc. The branches cover most states in the country and Good to Go Insurance makes sure that your coverage complies with state’s laws regardless of where you live. Quotes from Good2Go Insurance are available for free and accessible from the official website of the company.

Although Good to Go Auto Insurance is popular for its non-standard coverage, which is often associated with state’s minimum coverage requirements, optional coverage such as Comprehensive and Collision are also available. Good to Go Insurance recommends that you also purchase both additional coverage types for better protection on the road. With the amount of saving you can get from the available discounts, adding more protection is still a manageable expense.

11 Tips to Get Repeat Web Traffic

Tips to Get Repeat Web Traffic
1. Update the pages on your website frequently. Stagnant sites are dropped by some search engines. You can even put a date counter on the page to show when it was last updated.

2. Offer additional value on your website. For affiliates and partners you can place links to their sites and products and ask them to do the same for you. You can also advertise their books or videos, if these products relate to your industry and are not in competition with your own product.

3. You can allow customers to ‘opt in’ to get discounts and special offers. Place a link on your site to invite customers to ‘opt in’ to get a monthly newsletter or valuable coupons.

4. Add a link to your primary page with a script ‘Book Mark or Add this site to your Favorites’.

5. Add a link ‘Recommend this site to a Friend’ so that the visitor can email your website link, with a prewritten title, “Thought you might be interested in this”, just by clicking on it.

6. Brand your website so that visitors always know they are on your site. Use consistent colors, logos and slogans and always provide a ‘Contact Us’ link on each page. 7. Create a ‘Our Policies’ page that clearly defines your philosophy and principles in dealing with your customers. Also post your privacy policy as well so that clients know they are secure when they visit your site.

9. Create a FAQ page which addresses most of the doubts and clarifications about your product or your company that are likely to be asked. This helps to resolve most of the customers doubts in their first visit to your site.

10. Ensure that each page on your website has appropriate titles and keywords so that your customer can find their way back to your site if they lose the book mark.

11. Never spam a client, who has opted for newsletters, with unsolicited emails. Later if they decide they want to ‘opt out’ of the mailings, be sure you honor their request and take them off the mailing list. They may still come back if they like your products. But they will certainly not come back if you continue to flood their email box with mails they no longer wish to receive.