The Rules Of Life Insurance Policy Delivery

By Dennis Jarvis

So what happens when you’re approved for a life insurance plan that you applied for? The good news is that you’re approved. We now go into the phase known as policy delivery. There are some important tips to remember here and although each carrier is a little different in their requirements (we’ll help you with your particular life insurance company), some common threads run through them. Let’s look at how life insurance policies are delivered.

First, it’s important to understand how the life insurance contract works. When you submit your application, this is called the “offer”. Essentially you are making an offer to the carrier based on your pertinent information for a given rate. The carrier then decides whether to accept, decline, or change this offer (i.e. change the rates). At this point, the carrier will deliver you a policy. You do not officially have coverage until you return this policy back with your confirmation of its terms. This is important. You do not want to go through the entire application, paramedical exam, and underwriting process only to delay or possibly void the life insurance coverage due to mishandling this final confirmation. Let’s look at what is generally acknowledged and confirmed by you after policy delivery.

Common requirements for you, the applicant:

1) Acknowledgement of premium assigned. You need to confirm the rate that has been offered. Keep in mind, it might be different than original due to health status, paramedical, and underwriting results.

[youtube]http://www.youtube.com/watch?v=hXBcmqwTV9s[/youtube]

2) Acknowledgement of effective date or a request to update new effective date. This is important since effective date dictates when your coverage (and your payment) starts.

3) Contract policy review with agent for understanding of terms. Make sure to go through any question or contract terms with us as your licensed life insurance agent.

4) Copy of your application enclosed with policy. Keep this for your record.

5) Deadline for receipt of signatures. This is very important to make sure your policy goes into effect. You must return the signed contract by this date.

6) Premium payment (can be check, or electronic auth.) if not already submitted. Auto deduction and/or credit card can be a safer way to pay since there’s no “lost in the mail” scenarios that can jeapardize your coverage.

7) Premium modal frequency decision verified. This is where you decide to pay annually, quarterly, monthly, etc. Your premium modal can affect your rate (with shorter periods being more expensive)

8) Acknowledgement of policy delivery signature. You are acknowledging that you did in fact receive the policy.

9) Tax certification- some carriers want you to verify whether or not you are subject to backup witholding due to underreporting of interest or dividends.

10) Age change- if youve had an age change during the process,instructions are provided. You may/may not be able to lock premium rate by keeping effective date prior to birthday. Please contact if you’re straddling two ages so we can find the best rate and value.

The main take-away is that there is a time constraint. You can’t set this policy info aside and get to it in a few weeks or assume you were approved and therefore, have coverage. You have to acknowledge and confirm with the carrier once the policy is received and do so before the deadline. We can help with this process and in fact, we are an integral part of helping you successfully navigate your life insurance policy delivery.

About the Author: Dennis Jarvis is a licensed insurance agent concentrating on on finding the best

term life quote

. Shop, compare, and instantly quote multiple carriers with professional guidance and resources.

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Fußball-Bundesliga 2008–09: Borussia Dortmund name Klopp as Head Coach

Friday, May 23, 2008

Borussia Dortmund have hired Jürgen Klopp as their new Head Coach after Thomas Doll resignation after their worst league position in 20 years. Klopp’s contract will run until the June 30, 2010. Klopp was the Head Coach for FSV Mainz since 2001 before leaving for Dortmund.

“I am delighted to be here. I am honoured”, said Klopp. “Now I want to help bring the club back on track.” Klopp has high expectations of the club, current players and target signings for the summer transfer window and wants to give the matches of Borussia Dortmund a “recognition factor.”

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Canada’s Etobicoke—Lakeshore (Ward 5) city council candidates speak

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Monday, October 30, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Etobicoke—Lakeshore (Ward 5). Two candidates responded to Wikinews’ requests for an interview. This ward’s candidates include John Chiappetta, Joseph Mignone, Peter Milczyn (incumbent), Arthur Roszak, and Bojidar Tchernev.

Interviewed are newcomer Joseph Mignone, and incumbent Peter Milczyn. Click on either of their names to read their responses.

For more information on the election, read Toronto municipal election, 2006.

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93-year-old Michigan man freezes to death after electric company limits his power usage

Wednesday, January 28, 2009

Marvin Schur, a 93-year-old man from Bay City, Michigan has died after the electric company limited his electric use due to his failure to pay over US$1,000 in past-due payments.

Bay City Electric Light & Power installed a power-limiting device on his home on January 13. The device would limit the amount of power the resident uses and would essentially shut it off if that limit is reached, or if the resident fails to pay the outstanding bill within 10 days of installation. In order for the electricity to be turned back on, the limiter must be reset by pushing a button.

Bay City power says that a warning, indicating that the power was to be turned off and a limiter installed, had been placed on Schur’s front door. Despite that, the company says that they are now “looking at our website and possibly doing an automated phone message. We obviously need to get the word out.”

The autopsy performed on Schur’s body concluded that he had died “a slow, painful death” caused by hypothermia. Dr. Kanu Virani, who performed the autopsy, explained: “Hypothermia shuts the whole system down, slowly. It’s not easy to die from hypothermia without first realizing your fingers and toes feel like they’re burning.”

It was less than 32 degrees Fahrenheit (0 Centigrade) in Schur’s home when neighbors found Schur dead on January 17. Virani commented that it was his first time performing an autopsy on a body in which “the person froze to death indoors.”

“His furnace was not running – the insides of his windows were full of ice the morning we found him,” said George A. Pauwels Jr., who was with his wife when they found Schur’s body.

In Michigan it is illegal for a utility company to disconnect power to any home between November 1 and March 31 when a resident is over the age of 65. Limiters are also not supposed to be used during that time frame. However, municipally-owned electric utilities like the one in Bay City, are not regulated by the state. The Michigan state attorney general’s office has launched an investigation into the incident.

Residents around Schur’s home say he was hard of hearing, and the city states that the device’s function and operation were never explained to him. When word of the story got around, people from all over the United States began to call the city in anger.

“I’ve taken calls from Canada, Massachusetts, Texas, New York, Alabama – and that’s just the ones I can think of off the top of my head,” said Melody Roth of the city’s administrative office, who also added that people from all over are “calling all city departments, not just our office.”

Schur has no known children, and his wife had died several years prior to the incident.

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David S. Touretzky discusses Scientology, Anonymous and Tom Cruise

Wednesday, February 6, 2008

David S. Touretzky, prominent free speech activist and critic of Scientology, discussed his opinions on the recent Internet backlash against the Church of Scientology in an interview with former Scientologist and Wikinews reporter Nicholas Turnbull. The recent conflict on the Internet between critics of Scientology and the Church has been spurred on in declarations by a nebulous Internet entity using the name Anonymous that the Church of Scientology “will be destroyed”. Anonymous has directed recent protests at Scientology centres across the world, which have attracted significant numbers of individuals supporting the cause. In recent e-mail correspondence with Wikinews, a representative of the Church of Scientology declared that the Church considers the activities of Anonymous to be illegal, and that Anonymous “will be handled and stopped”.

Touretzky, a research professor in artificial intelligence and computational neuroscience at Carnegie Mellon University, has been a prominent critic of the Church of Scientology since mid-1995, and has been protesting against Scientology vociferously since then; he has also run websites that publish material that Scientology wishes to keep suppressed from the public eye, such as extracts from Scientology’s formerly-confidential Operating Thetan (OT) materials. Touretzky views the actions of the Church of Scientology as being “a threat to free speech”, and has endured harassment by the Church of Scientology for his activities.

The Church of Scientology continues to suffer damage to its public reputation through increased exposure on the Internet and vocal protests by Scientology critics such as Prof. Touretzky. A recent event that focused intense attention on Scientology’s totalitarian attitude was the leak of an internal Church of Scientology propaganda video to the Internet video sharing site YouTube, in which celebrity Scientologist Tom Cruise spoke heavily in Scientology’s jargon and stated that that “we [Scientology] are the authorities” on resolving the difficulties of humanity. The declaration of war by Anonymous followed shortly after this leak, in the form of a video posted to the Internet.

The ongoing dispute, cast by some as Scientology versus the Internet, brought Scientology terms such as “SP” (Suppressive Person, an enemy of Scientology) and “KSW” (Keeping Scientology Working) into general usage by non-Scientologists from the late 1990s onwards; increased attention has been drawn to Scientology by the release of the Cruise video in addition to media coverage. This focus has caused an even greater propagation of these terms across the outside world, as Touretzky comments in the interview.

Wikinews asked Prof. Touretzky about the impact that the activities of Anonymous will have on Scientology, the public relations effect of the Tom Cruise video, the recent departure of individuals from the Church of Scientology’s executive management, the strategies that Anonymous will employ and Touretzky’s experiences of picketing the Church.

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MTV and VH1 to broadcast Live 8

Sunday, June 26, 2005

MTV Networks’ MTV and VH1 have secured the rights to distribute over cable networks the Live 8 series of concerts which will be taking place at 8 venues in Europe, North America and Japan. The concerts are meant to raise awareness of poverty in Africa and charitable donations to fight it.

America Online holds the rights to broadcast Live 8 over the Internet and is currently in talks with American Broadcasting Company to also broadcast the concert.

MTV, VH1, and its college network, mtvU will broadcast the concert from noon to 8 PM. This will be the second outing for MTV, as they broadcasted the original Live Aid concert. If ABC decides to air the concert as well, this will also be their second going as well. According to MTV, this is the longest MTV has gone without a televised event since the coverage of the violent, riot-filled Woodstock 1999.

Two radio networks will also broadcast the concert. The subscription-based XM Satellite Radio will broadcast the original five announced concerts but will not broadcast the Tokyo or Barrie concerts. Premiere Radio Networks will broadcast the concerts tailored to the three genres of urban, rock and roll and pop music.

Some of the performers slated are: U2, Coldplay, Madonna, Dave Matthews Band, Jay-Z, Destiny’s Child and a reunited Pink Floyd.

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Tips On How To Effectively Manage Your Personal Finance

By Troy Charles G. Burton

Every day, month, or even year, people are spending more money by buying things and personal necessities. This event led us to feel the burden of financial commitments on our budget plans. There are times that most of us only think about saving money than performing it seriously. The effects of the global financial crisis and the slow growth of the economy push us to do some serious financial managements. It is a trend now that failure to meet his or her financial planning objectives means huge debts and sleepless nights thinking on how to pay the said debts. To help you manage your finances, this article offers tips and suggestions on how to make your personal financial planning more systematic and effective.

The first move you should make is to make an achievable budget which is allocated to all your daily and basic needs. This budget is also designed for some extra money intended for your savings account. The budget plan should not only be put on a piece of paper or spreadsheet, rather it should be put in practice and follow what is stated on the diagrams and budget charts. You should monitor all your expenses for your basic needs such as electricity, credit card costs, cellphone loads, and fuel for your automobiles or vehicles. You can make payments by way of direct debit, which can help you ensure timely payments and establish a good credit score for you.

[youtube]http://www.youtube.com/watch?v=PwjaDRF5rhU[/youtube]

Following good management of personal finance needs some type of sacrifices and compromises, especially on the aspects of eating and drinking. When following a finance management plan, you should track your consumptions of unnecessary foods and alcohol drinks. These foods may include snacks, chips, and ice cream. Keeping away from these kind of foods will not only allow your to save hundreds of money, but will also help

It is advisable to make a list on priorities. You should include in this list your obligations on mortgages, loan repayments and bills on credit cards to avoid huge delay charges. You should always remember that failure to make regular payments on these priorities can lead you to face worst financial difficulties or in severe cases, bankruptcy and business failure. If in case you feel that the charges on your credit cards continue to rise, which can lead you to more difficulties of payment, don’t forget to go to expert. Financial experts can give you advice essential when solving your financial obligations. When making discussions with the expert, you can ask for solutions on easy payment scheme or on how to raise money to avoid further big charges.

It is also good to note the advantages of diversifying your investments on insurance, shares or stocks and other financial policies which are safe and provide your with good returns of your money. Always remember that making a wise financial planning can help you in various circumstances. It can help you out of huge debts and extending help to your loved ones who need immediate financial help. Following these simple personal tips is more than just a wise move of helping you achieve a bright future.

About the Author: Troy Charles G. Burton is a financial analyst who enjoys writing about

debt consolidating

and

credit card debt consolidation

as well as other financial services.

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Afghans riot after civilians die in crash

Saturday, July 31, 2010

Riots were ignited in Afghanistan yesterday, after a crash involving a U.S. sports utility vehicle claimed the lives of several Afghan civilians.

Details surrounding the crash, in Kabul, are still unclear, although Afghanis who saw the crash blame U.S. forces for the incident. “The civilian vehicle was trying to get into the main road when the two foreign vehicles hit it and killed all four occupants,” said one bystander, “People gathered around the crash site to see what happened, got angry and started attacking the foreigners.” Some witnesses say a person was killed when U.S. contractors opened fire on a gathering crowd, but the U.S. embassy denies this charge.

Police fired shots in the air to disperse rioters who chanted “death to America” and “death to Karzai”. Security forces say that the incident could provoke widespread riots, as happened after a similar incident in May 2006 sparked riots in Kabul.

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Peace tax campaigners turned down by UK judge

Friday, July 22, 2005

The Peace Tax Seven, who are campaigning to have the 10 per cent of their taxes which go to Britain’s defence budget diverted to non-military uses, have had their case rejected by a High Court judge.

The judicial review was called for under article 9 of the European Convention on Human Rights which guarantees freedom ‘to manifest one’s religion or beliefs’ and which was made a part of British law in 1998. The Convention includes the right to conscientious objection and the campaigners claim that this gives them the right not to pay other people to go to war on their behalf.

Their statement to the court said: “We want to make a positive contribution to society by paying our tax in full. We object in conscience to paying others to kill on our behalf, but current tax policy forces us to do just that.”

The courtroom had to be enlarged to make room for supporters and the judge listened to the case for three hours.

Roy Prockter, an accountant and campaign member as well as a Quaker, said that the judge told them that “our case has no possibility of being resolved in the British courts”. According to the Guardian, the judge suggested they take the case to Strasbourg. Roy said that the members were going to take time for reflection as they awaited the written judgment from the judge.

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National Healthcare Benefits

Health care has been so much in the news lately and there has been so much discussion about it, most people probably have no idea how they may be affected. Here, in the United States, national health care has been basically, Medicare, for those over 65 (or disabled) and the state run, Medicaid, in New York, or similar program, in other states. In order to qualify for state medical aid, one must have virtually no income or assets. This type of system leaves many people in a difficult situation with their health care status. If they are not working at a company that provides medical coverage, not elderly or not dirt poor, you may have problems with medical care. National health care would help those who do not qualify for state aid and not eligible for Medicare or any other health benefit program through work or school. Many jobs provide access to a couple of health plans and cover part of the cost of enrollment, where the remainder, is deducted from the employee’s salary. Of course, how much is covered depends on the employer. When an employee leaves the job, they can be eligible for co-ordination of benefits rights act(COBRA) and still qualify for the reduced payment of the insurance coverage. National health care can provide either a wide range of medical insurance plans at affordable prices to the general public or direct assistance with medical claims and bills. It can also help people with more serious illnesses pay for expensive medications and lab work.