Couples who believe they no longer need life insurance after their youngest child reaches his or her 18th birthday could leave their family vulnerable to serious financial problems, especially if the sole income-earning parent dies.
Other important factors to consider as a 40- or 50-year-old considering the purchase of term life insurance include the financial condition and physical health of a senior-citizen parent, the financial commitments that may have been made by a two income-earner household, such as a second residential property, and the day-to-day needs of grown children still living at home.
For those looking to move away from term life policies, permanent life insurance—such as whole, universal and variable life—or annuities can be an attractive alternative.
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.
Saturday, May 12, 2007
Friday, May 4, 2007
child support and child insurance
I am currently going thru a divorce and will have child support and
to support my child.
The problem now is that I may get a job overseas. Is there any
medical insurance that will cover equally in USA and Europe? That
insurance should cover my child here in the US.
This is a serious dilemma.
to support my child.
The problem now is that I may get a job overseas. Is there any
medical insurance that will cover equally in USA and Europe? That
insurance should cover my child here in the US.
This is a serious dilemma.
Friday, April 27, 2007
The worst place to finish in any poker tournament is on the bubble
But finishing on the bubble at the World Series of Poker (WSOP) is the absolute
worst finish in the entire sport of poker. Finishing just one seat out of the
money at the WSOP means you ve blown your $10,000 entry fee, labored a week
grinding your way to the brink of victory; yet receive NO reward or recognition
for your efforts. One seat OUT of the money is every player s nightmare.
worst finish in the entire sport of poker. Finishing just one seat out of the
money at the WSOP means you ve blown your $10,000 entry fee, labored a week
grinding your way to the brink of victory; yet receive NO reward or recognition
for your efforts. One seat OUT of the money is every player s nightmare.
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