Monthly Archives: April 2017

Temporary Health Insurance – A Temporary Solution?

Temporary health  insurance  can offer a  solution  during the current economic downturn. In the insurance business realm, health insurance is a well known territory. However, of late, temporary insurance has started to gain more importance. The reason for this varies. Even so, based on the analysis of most of those considered ‘in the know’ it seems that the present economic climate has played a major role in the growth of people going the ‘temporary’ route.

Much of the economic growth in the pre-recession years was driven by demand, especially with regards to the US markets. This, combined with the real estate and stock market boom, led to the formation of significant economic bubbles. Ultimately, when those speculative bubbles burst it caused a ripple effect on the US economy.

How has the economic downturn affected the insurance industry? Consider the plain and simple fact — the huge bubble of speculation led to increased borrowing. This meant the banks justified high lending figures, based upon highly inflated real estate. When the values of the real estate crashed, both banks AND insurance companies went out of business. This was because they invested a ton of money, which has since disappeared. Therefore, the current economic environment, AKA “the recession”, has left many Americans without health coverage. Over-investment and over-speculation have made it so.

There is another side to this and it is a somewhat double edged sword. Many companies are no longer interested in the health insurance business, because of the skepticism surrounding the economy. Since the US government is currently fighting a simultaneous battle to overhaul the health system, as well as revive the economy, it is not easy to predict what lies ahead. This is why many insurance companies don’t know what modes to follow. In addition, many individuals and companies do not have the finances to provide health coverage for employees. Therefore, there is something of a temporary vacuum at present. In which case, temporary health insurance policies seem the right thing to fill the gap.

Temporary health insurance has lots of potential for lots of people right now, primarily because the costs involved are relatively low. And, most importantly, it provides a decent amount of insurance coverage. The most important advantage of this type of insurance is that it can be relied upon by those who are between jobs, unsure of job security, or have recently graduated. It’s the  perfect   solution  for many, at least until the overall economy recovers.

Adjustable Shelving is the Perfect Solution For Stores

Stores that sell almost anything need shelving to put their items on display. A store that sells shoes has different needs for shelves that a store that sells books. However, that does not mean that they must buy completely different types of shelving. In fact, they can purchase the same types of shelving and use adjustable shelving to ensure that they have the perfect setup for their store.

Adjustable shelving is like what it sounds like. You are able to move the shelves up and down. Also, some shelving units can be adjusted so that they have two, four or only one shelf. It all depends upon the needs that you have at that specific moment. Do you have a large piece of inventory that you want to display prominently? Then you can have an entire display shelf dedicated to this piece of inventory. A spotlight shelf would make it seem extra illustrious and important to your potential clients. Make sure that you place as many shelves as possible to make your store look full and alive.

Adjustable shelving can also be used by individuals within a home. Book shelves are a great type of shelve to have adjustable. It is extremely useful to be able to adjust your book shelf. You may have a book that is too large to fit but should you move the shelf up another quarter of an inch, it fits perfectly. Make sure that you pay attention to your adjustable shelving if you use it in a home. While most units are perfectly fine, some lower quality units can use a peg system. This system can occasionally not hold up the shelf. However, a high quality adjustable shelving system will work just fine. It is also important to remember that you do not have to keep the shelves at the same height.

Adjustable shelving units can be used in a variety of situations. Whether you want to make your retail environment more exciting or need to add more space within your home, these shelves are the answer.

Medical Clinic Assistance

You want a medical clinic that is open when you need it because seeing your physician is not always possible. You also want a clinic that employs doctors who care about the needs of their patients. You also want a medical center that does not make you wait hours to see a physician. When you need treatment for a life threatening condition then you should head straight for the closest emergency room without hesitation. But when you have a headache or stomachache that has persisted for hours or a sore throat or a throbbing toe then you need to head straight for a medical clinic.

There are doctors at these clinics that are there to assist you in whatever manner you require. At the medical facility there is a health care practitioner who has a tremendous amount of experience when it comes to emergency situations and the medical needs of the entire family. When you walk through the doors of a medical clinic you should have the assurance that you will be treated very well.

It does not matter what age you are or what type of non-serious health problem you are having, you will have the opportunity to be checked out by a qualified physician. The doctors who work at medical facilities are experienced in treating patients from the age of six months all the way up to senior citizens and the elderly. If you want to know what conditions the clinic treats before you show up on its doorste, then find out the telephone number and give them a call. The friendly staff will be more than happy to answer all of your questions.

The types of services offered at a medical facility of this kind should be at the top of the priority list for you. Urgent care is one thing you can expect. Urgent care applies to anything that is urgently needed in terms of medical care such as acute illnesses, viral and bacterial infections and minor wounds such as cuts, burns, bites and abrasions. Here is the place to go to receive prompt and professional treatment that is also convenient and within your budget.

Car Insurance – Family Car Insurance Solutions

There are a number of ways in which families can protect themselves and their vehicles in the event of an accident or breakdown. Motor insurance premiums are relative to a number of different factors, namely location, mileage and driving records.

With thousands of towns and cities the majority of the country’s roads are well managed and maintained to ensure optimum driving conditions. The number of cars on the roads in built-up areas means that the chance of being involved in a car accident is very high. Meanwhile country roads see far more sporadic volumes of traffic and are therefore a smaller risk.

Family vehicles are recommended to have comprehensive auto insurance protection. As well as accidents, comprehensive cover can protect against the burglary of personal contents, providing confidence, peace of mind and a real sense of security.

Ultimately most families choose their comprehensive motor insurance policies related to the cheapest price. The vast number of add-ons that are available can just as easily be bought and dropped if they don’t eventually benefit you on the whole.

It is also possible for families with older children that are learning to drive and have their own vehicles to secure a group saving with multi car insurance. With an entire household securing multi car insurance for more than one vehicle, this is one of the most effective methods of saving money whilst maintaining the quality and standards consumers come to expect from their family car insurance. There are ways and means of keeping the cost of your family motor insurance financially acceptable.

Mortgage Life Insurance

Mortgage  life   insurance  is a valuable way to protect your family and provide for them in the unfortunate case you should pass away suddenly and unexpectedly. This type of  life   insurance  is slightly different than traditional  life   insurance for the single reason being that in the event of your death, your family would not be directly paid any money from this policy. Instead, if you were to pass away, the mortgage  life   insurance  company would send a direct payment to your bank that satisfies any additional money owed on your property. This naturally leads to a good number of questions that must be answered before full understanding of this type of coverage can be gained.

How Does Mortgage  Life   Insurance  Work?

This type of policy works by having your insurance company directly pay off the balance of your mortgage in the event of you passing away. Unlike traditional life   insurance , your family is not awarded any direct funds, however, once the mortgage on any property is paid off by the insurance company the beneficiary of that property will inherent it with full ownership; just for the purposes of clarification, once the mortgage insurance company pays off the mortgage on any given property, they do not own that property at all, instead, full ownership is given to the individual who that property was left to in the will or through other arrangements. This is a substantial type of policy as it essentially ensures whoever your property is passed along to will assume ownership of that property without having to make payments on any sort of mortgage or loan.

The Best Mortgage  Life   Insurance  Policy

The best policy of this type is one that comes from a legitimate company that can be found by browsing through your favorite Internet search engine or even your phone book. Typically you are eligible to apply for this type of policy at any time during your time as a home owner but it may be offered to you in some way, shape or form at your closing. One of the most helpful tips to remember is that if at any point you should refinance, take another mortgage out or switch your mortgage to another lender, you must reapply for an entirely new mortgage insurance policy as they are only able to insure existing mortgage policies. To further go into detail, this type of mortgage insurance applies to individual mortgages only and must be reapplied for if you change your mortgage at any given time. Getting mortgage  life   insurance  quotes is the gateway for getting started on this coverage and is a fairly easy process; if you are an existing home owner or strongly considering purchasing a new home, this is one type of long term financial planning you do not want to avoid dealing with or taking into consideration as it can by defining way to provide for your family should tragedy strike.

Van Insurance Groups and Ratings

Van Insurance Groups work in the same way as Car and Motorcycle Insurance Groups – and it is these that the Insurance Industry use to calculate the classification of your commercial or non-commercial vehicle.

With Insurance costs increasing by over 22 percent in 2010/2011 – it is no surprise to learn that many if not most vehicle manufacturers are trying to find ways to lower the Van Insurance Group classifications to get their vehicle more competitive in this difficult financial market.

With Vans and Commercial Vehicles alike, the Insurance Categories issued to the manufacturers is set by the ABI (Association of British Insurers) and Thatcham – the security accreditation specialists. All Van Insurance Groups are between 1 – 20. The lower the number, the less concerning it is for the insurance companies to insure the vehicle at a lower rate.

Unlike cars and motorcycles, the humble van has a guide only insurance rating due to the amount of uses which commercial vehicles can be used for. Even though this is unique to the commercial vehicle industry, it also passes on to cars and motorcycles where the usage is classified “for commercial use.”

Another prevailing part of calculation is based on the security of the vehicle, and the classification which is set by Thatcham. Should your vehicle have a factory fitted alarm and immobiliser your Van Insurance Group will be lower than a vehicle without. Most if not all new commercial vehicles now have factory fitted immobilisers fitted as standard.

The last factor which could make your insurance costs increase is the town or county of where the vehicle is parked or used on a daily basis. This is the largest factor when Insurance Companies calculate the premium of your Van Insurance, followed closely by the value of the vehicle and the commercial usage. Each year the insurance industry will create the analytical data supplied by the insurance companies to re-evaluate the groups of all commercial vehicles based on claims made by companies and individuals.

Summary: Always check the Van Insurance Group before you purchase a new or pre-owned vehicle – and when looking to renew your insurance, always remember to re-calculate the value of the vehicle. This is something that the insurance company will not do on your behalf, and can add between 2.5 and 5 percent to your renewal premium. When a vehicle becomes a total loss through accident or otherwise, the insurance company will only ever pay the market value, not what you have insured the vehicle for.

Never forget to read the terms and conditions within your Van Insurance summary when you take out a policy. You have a “cooling off” period should you find something which was not explained to you correctly at the point of initiation.

Construction Insurance – Importance and Coverage

Construction involves large number of manpower and huge investments of money. The workers at a construction site risk their lives working at great heights, with dangerous tools, toxic materials, heavy equipment, under tunnels, etc. Hence, construction is associated with high amount of risk for money and lives. A slight negligence or bad fortune on part of the worker or owner may prove too costly. It may lead to a huge financial loss. These unfortunate events require tools, which can bail the company out of the situation. Here arises the need of ‘Construction Insurance’, the risk management tool, customised specifically for the construction industry. Construction insurance is like any other insurance, which is used to protect the various parties associated with construction process.

A comprehensive construction insurance policy covers all the expenses that may occur due to property damage or personal injuries at the construction site. This insurance not only includes the organization owner, but also workers, employees, tenants, sub-contractors, sole proprietors and business partners.

Importance of construction insurance

As discussed above, construction involves usage of heavy equipment, materials, labour, etc. and is more prone to accidents. Since the business stands liable for any accident on the construction site, it is the business owner or the contractor that should pay for the medical treatment charges of the injured or compensation to the families, in case of death of the worker.

Material costs associated with construction are very high. Any damage to the structure or the materials leads to huge financial loss. Insured with the construction insurance, one can seek financial assistance from the insurance company.

The buyers of the flats or the constructed property will have all rights to sue the construction company, in case of faulty construction. In such cases the construction company has to pay for the remodelling or repairing the constructed site. Construction insurance protects the builders from those claims, by providing financial assistance.

Apart from the above circumstances, construction insurance provides wide coverage, providing security to the business in case of unpredicted events.

Four main areas it covers

Construction insurance is very significant in terms of its coverage. It is very comprehensive and is specifically designed to cover every aspect of construction process, to make the business process flexible. Construction insurance covers four major areas of business insurance. They are:

Public liability insurance

Public liability insurance is a general insurance to be possessed by any business which involves interaction with the customers or people in general. Public liability insurance as part of construction insurance helps the businesses in case any damage to third party property or individuals is caused by employees or the tools used in construction.

Employers liability insurance

As the construction industry involves lot of risks, any worker can get injured or die at any point of time, due to the faulty equipment or negligence of supervisors or co-workers. Employers are responsible for the health and safety of their employees at construction site. Moreover, the employees will have every right to sue the owner and claim for compensation. In case of such unexpected events, the employer or the owner can benefit from the construction liability insurance, as the insurance company pays the medical costs or the compensation associated with the claims.

Contractors all risks insurance

Contractors all risks insurance is customised for construction businesses. It provides assistance for contract works of new houses, theft of materials or tools, damage to the materials or tools due to unexpected events, sudden stoppage of on-going works of new houses, owned or hired plants, etc. This insurance acts as a perfect help for the most commonly incurred accidents in the construction process.

Personal accident insurance

This insurance is specifically designed for managers, sole proprietors or business partners. This is useful in the cases, where the person injured can’t blame any other person for the injury caused to him. This is helpful in providing assistance during the period for which the injured person cannot get income.

Construction insurance is very important for construction businesses as the damage or the financial loss occurred is very hard to be recovered. Businesses should realise that the cost of premiums for insurance is less when compared to the compensation costs. Therefore, it can be concluded that, construction insurance is very valuable in making the business sustain for long run.

Babolat Tennis Bags Are the Perfect Solution for the Whole Team

Babolat tennis bags are seen on the shoulders of top tennis players as they walk on court.

With humble beginnings in the late 1800s as the inventor of natural gut racquet strings, Babolat didn’t start making tennis racquets, or bags for that matter, till 1995. By placing Babolat products in the hands of juniors, Babolat began a grassroots movement up the ranks until it was soon the brand of Andy Roddick and former men’s world No.1 Rafael Nadal.

The 12 pack Team is the bag of choice for the Babolat pro and junior teams, including Nadal and Roddick. The bag features three main compartments that can each hold up to three racquets. The rear thermal insulated 3 racquet compartment protects racquets and strings from heat warp. A feature that came in handy at this year’s Australian Open where temperatures crested 100 degrees Fahrenheit. The bag also has two smaller pockets for personals and accessories, a new feature that was developed in response to the difficulty of finding keys and cell phones lost in the bottom of previously designed Babolat tennis bags. The two ergonomic, padded shoulder straps are supplemented by a new grab-and-go carrying strap for easy toting whether the bag is full or empty

The red Babolat Team 135 year anniversary bag is used and signed by Nadal. Babolat currently has a promotion for a discounted ($79.95 to $29.95) Babolat Pure Drive Team bag signed by Roddick with the purchase of a Pure Drive tennis racquet.

The rest of the Team Babolat tennis bag line includes a 9 pack, a 6 pack, a 3 pack, a competition bag, a tennis backpack and a travel bag.

The 9 and 6 pack racquet bags are smaller and more manageable for those with smaller frames than the powerhouse pros. Both have two racquet compartments; one featuring thermal insulation and the other holding either racquets or court and travel necessities. All other features of these bags match their larger, 12 pack counterparts, except the inner shoe compartment.

The 3 pack racquet bag is the logical choice for the tennis player who isn’t far from home. It has one large racquet compartment for up to three racquets and two smaller external pockets for personals. One adjustable shoulder strap and one grab-and-go carry handle make carrying a breeze. This bag does not host thermal insulation.

The Babolat Team competition bag has been used by Roddick and the rest of the Babolat team as they travel the world round as a supplement to the Team Babolat tennis bags. This tennis duffel has a sturdy construction, separated shoe and clothing compartments and a large side pouch for immediate-need accessories. Babolat hosts an innovative four-point shoulder system for ergonomic support on long jaunts through airports.

The Babolat Team tennis backpack holds up to two racquets and is the only solution for the player who needs their hands free to manage a bike or motorcycle. This Babolat tennis bag holds up to two racquets, has a rain cover for one and has enough room for clothing, shoes and anything else you need at the court. One front and two side accessory pockets keep personals close at hand. The foam construction padded back panel ensures optimal comfort during a short or long ride.

All of the Team bags come in red, or black, making Babolat tennis bags the perfect solution for school, club or pro teams.

Workers Comp Insurance Isn’t Required in Texas – Does My Business Really Need It?

Texas is the only state in our great union that doesn’t require employers in some form to carry workers comp coverage. Is this good news?

I run across many Texas businesses that choose to go bare. I hear things like, “Hey, my employees work in an office, what’s going to happen? If someone gets a vicious paper cut, I can write a check to the urgent care center. Problem solved, right?”

Educate Yourself on the Risks

Maybe. As long as you are comfortable with the risks. What else can happen to your office employees? Do they ever drive their own vehicles for business purposes? Ever drive to the bank to do a deposit or make a run to Office Depot? Ever go on a sales call? (I know after last quarter’s numbers you sometimes wonder, huh)? What happens if your employee gets in an at-fault accident and sustains serious injuries? Who pays for hospital stays, medications and lost wages if you don’t have Workers Comp? Well let’s see:

Health insurance? Nope. Automobile insurance? No again. General Liability Insurance? Excluded. You guessed it. You do!

A Risk Management Axiom

There is a risk management axiom that you should only retain the level of risk you can pay for. To throw in a little perspective on medical expenses, one of my ten year old twins recently had a little ER visit for doing a head-gravity-ground experiment while playing “touch” football. We were there for an hour and a half. The bill… Over $16,000! How much for a serious auto accident? Hundreds of thousands of dollars? More? Can you write a check for that?

Statutory Compliance

There are a couple of other issues you need to be aware of if you choose to go without workers comp coverage (this is called non-subscription). If you are a non-subscriber, then you are by law required to file a “Form 5” with Texas Department of Insurance every year. Failure to do so carries potential administrative penalties and fines. You can get a copy of a form 5 on the TDI website, or get in touch with me at Austin Insurance and I’ll be happy to send you one.

The Realistic Risk

Perhaps the most realistic exposure to non-subscription is the cost of being sued by an employee for on the job injuries. Even if you are vindicated in court, you will still incur potentially substantial legal fees. Now my attorney is a nice guy, but at $300 an hour I tend to forgo the chit chat.

Furthermore if you are sued by an employee for negligence, then you are severely hamstrung in any legal defense you employ because your attorney will not be able to use many common law defenses that are typically critical in defending negligence suits.

The Solution

The good news is that the level of workers comp fraud has diminished over the last few years and rates have come down. In fact for office workers annual rates are as low as 25 cents per $100 of payroll. Make sure you are protected!

Debt Settlement – The Perfect Solution If

Today, more then ever people need a break from debt. The two most common solutions are bankruptcy and debt settlement. Most people already know bankruptcy is the last possible thing you want to do, which leaves debt settlement.

The question is; does debt settlement really work?

Without a doubt yes, settlement or debt negotiation does work. The bigger question should be, is it right for you? Before we get into evaluating whether or not it’s right for you, let’s make sure you understand the process.

Debt settlement is the process in which a company will negotiate on your behalf an amount less then the balanced owed to your creditors. Typically a good settlement company can get the total balance you owe down to about 50 percent, sometimes even less. For most people facing financial crises, that is exactly the break they need.

For example; if you’re $30,000 in debt and making payments of about $1500.00 per month, that may be reduced to about $15,000 and 700.00 per month. Furthermore, if you’re currently behind on your debts, no doubt you’re getting pounded with creditor phone calls. Debt settlement companies will also deflect most of that as well by dealing with your creditors on your behalf.

So, let’s take a look at the downside of debt settlement and see if it’s right for you. We already know it will relieve you of a major portion of your debt but it has its drawbacks.

Two of the major drawbacks are costs of the program and damage to your credit report. The average debt settlement company will charge 15 percent of the total debt in fees. Personally, I think that is about double what it should be. Their services are invaluable to most people and worth a fee, just not that much.

The second drawback to debt settlement is the damage to your credit report. While you are in debt settlement, your credit is going to take a beating and don’t let anybody tell you otherwise. Chances are if you’re considering debt settlement or bankruptcy, your credit is already taking that beating, but if you’ve managed to keep your credit intact to this point and know you may want to buy a home in the next year, then debt settlement may not be the right choice for you.

Once you’re done with settlement with a focused plan you can be good as new in 6 to 12.

While there is no replacement for good judgment and making your payments on time, debt settlement has helped hundreds of thousands of people get back on their feet. You just have to know it’s the right solution for you.