Simplifying the Process of Finding Affordable Health Insurance

As consumers choices increase when buying affordable health insurance online, so has the growth of benefit information within those plans. Today there are thousands of broker-sponsored websites ready and able to serve the consumer.

However, there are many pitfalls to watch for when buying something from someone you dont know, filled with information you dont understand. Many of these sites lack information that is crucial to make an educated decision when getting health insurance quotes.

Keeping up-to-date information is a vast challenge for companies; some sites offer up to 80 different carriers providing 150 separate types of individual, family, or business insurance. With this much information, a change to one of these products can often take up to 30 days to be reflected in online insurance quotes.

Its difficult for insurance brokers, much less the untrained consumer, to find the right information and make the right choice when getting health insurance quotes. So what can the consumer do when faced with this informational overload?

As simple as this may seem, find a company whose site provides enough insurance information for consumers to do a little homework. A Glossary is a great starting point, as you can familiarize yourself with many of the terms you will encounter when shopping for affordable health insurance. When getting a health insurance quote online, be sure you know who youre working with.

Another very important question to ask is if the person guiding you through your insurance options is a licensed health insurance agent. Insurance advisors are the very ones provided with updated information about policies you may be interested in. Licensed health insurance agents must follow strict guidelines mandated by their states department of insurance and those insurance companies they represent.

Using a service that provides you multiple quotes from various carriers (insurance companies) is a great way to simplify the process. Make sure the health insurance quote web site you are using only works with reputable licensed insurance agents, solid insurance companies, and that they can be easily contacted. I simple way to see if a real person is on the other end is to simply call a conspicuously placed toll free number on the page. If a phone number isnt present, you should consider requesting an affordable health insurance quote from another source.

Identity Theft is there hope for victims?

One of the lesser known Id theft sources comes from none
other than your credit card company or some other source of a data leak and to make matters worse Visa fine processing companies for breaches of security instead of helping the affected company increase their security. most of the larger companies are indeed secure however a security breach can happen to even the most secure of companies you can never be completely safe from Identity theft, and you certainly don’t want your good credit at risk.
There are a truly amazing number of data breeches every year, from a wide variety of sources, here are some examples taken from The Identity Theft Resource Center (a non profit organization) sponsored by a grant given by the U.S. Department of justice via the Office for the Victims of Crimes, they do not publish any information that is not
verified.

Here are some statistics from 2007 thru 11/28/2007

Banking/Credit/Financial total number of files exposed 9,303,617

Business such as retailers57,950,790

Education1,180,875

Government/Military7,763,519

Medical/Healthcare3,635,136

Total number of records exposed79,473,937

You have certainly heard of all of the companies that promise or even guarantee to protect your identity they generally come with varying amounts of insurance from $10,000.00 to a cool million if your identity is stolen, They will pay a million if you can prove to their satisfaction that you suffered a million or more in losses as a result of the Id theft but beware some major companies limit their liability to expenses incurred legally or thru other services THEY deem as necessary due to the failure or defectiveness of their service, in any case they will generally only pay for legal costs or other fees associated with the failure of their service, the cost of these programs varies depending largely the amount of insurance, so if you decide to use one of them to aid in protecting your identity inspect the guarantee carefully.

Credit Card Charges and How to Avoid Them

It is one of the joys of the UK credit industry that prices of credit, and in particular of credit cards, have continued to fall over the past number of years. Today you can get zero per cent on balance transfers, and even zero per cent on purchases, offers that were simply unimaginable just a couple of years ago. This is all the result of increasing competition in the market place from alternative lenders and banks from abroad, particularly US banks. However, there are still many charges out there and it takes some care and consideration to make sure that you dont end up paying far more than you should for your credit cards.

The main charge associated with credit cards continues to be interest charged on outstanding balances. This is traditionally how credit card providers have managed to rake in the massive profits that they have become associated with. It doesnt take much research to discover that the interest rates on credit cards are among the highest on the market. While mortgage rates and personal loan rates can easily be as low five or six per cent, credit cards rates are easily over twenty five per cent. This is due mainly to the convenience and flexibility of credit cards as a source of needed money. If you find that you are carrying over large credit card balances from one month to the next, you are probably paying far more than you need to for your credit. The best way to remedy such a situation is to consolidate this credit.

Debt consolidation loans, typically secured over your home, offer far lower rates of interest. You can then reduce your outgoings to a single monthly figure that allows you to pay off the debt at a reasonable rate.

Another way to avoid credit card interest rates is to take advantage of zero per cent balance transfers. These can be great opportunities and are offered by credit card providers who are ever more eager to increase their market share and add you as a customer. You will benefit from low or zero per cent rates on any balances that you transfer over to the new card from other credit cards. A word of advice however is to make sure you close the original account. This avoids the temptation of racking up further spending and improves your credit rating by reducing the over all amount of credit available to you.

Other charges such as subscription fees are by and large a thing of the past. Some credit cards still charge annual fees on the basis that they offer other rewards or are more exclusive cards but the general advice these days is that you can get just as good results on cards that do not charge these fees so if you are paying a fee, perhaps you will want to switch to a card that is free in this sense.

Late payment fees and other penalties are incurred if you fail to keep up with your repayment obligations and you should make every effort to avoid these as they are completely unnecessary.

Cash Back Business Credit Cards

A typical small business needs to watch every penny. To last in the competitive business world, you need to maximize profits and just as importantly, reduce expenses. Many businesses dont realize that they could easily be saving a percentage of their purchases with a cash back business credit card. Instead of letting bank fees eat away at your profits, your credit card can work for you.

How can the banks offer cash back for your business?

For decades the banks have been charging high interest rates and eating away at business profits. Businesses would just sit back, hoping the bank would eventually give them a better interest rate. Times are changing though. Today the credit card market is very competitive. A business can now choose between credit cards from nearly any financial institution.

As the banks compete, they are offering credit cards with better perks and rewards. If your business needs to travel a lot, you can get airline points. For a business that drives a lot, there are gas station rebate credit cards. Many larger stores even issue their own credit cards with special in store rebates. These credit cards lacked flexibility though. So as competition in the credit card market increased, credit card issuers resorted to offering cash back credit cards.

The banks can afford this to attain a new customer. The cash back is balanced out by interest charges and other fees. So for most people the cash back is just a savings on their bank fees. Plus these same customers might require additional financial services. The banks definitely arent losing much money by offering cash back.

Are cash back business credit cards just a scam?

No they are not a scam. These credit cards actually do give your business money back. You just need to be familiar with any restrictions. Most cash back business credit cards have a maximum annual cash back limit. Other cards have different cash back terms based on the credit card purchase type. For example, you might get a different cash back percentage at a gas station compared to a grocery store or office supply store. Some cash back credit cards also have a minimum spending before points can be redeemed.

To get the most out of a cash back credit card, you need to be disciplined. It is very tempting to put extra purchases on your credit card to get more cash back. Only use this strategy if you are able to pay off the card every month. Otherwise you would just be accumulating more interest charges. If you can pay the card off every month, try to use your credit card more instead of cash or checks.

For some businesses the cash back maximum can also be a problem. A business with high operating expenses could easily reach the annual cash back limit in a very short time. If this is the case, consider getting a different credit card to use once the limit has been reached. Some newer cash back business credit cards offer no limit on the amount of cash back you can earn.

Before applying just read the terms and conditions of the credit card. Many cash back credit cards use phrases like up to 5% cash back. This usually means that you can only get that cash back percentage for just one type of purchase or there is some other catch.

Despite certain card restrictions, a cash back credit card is a very good idea for your business. Your business could be saving thousands of dollars on your business expenses. Just take the time to compare different cash back business credit card offers before you apply.

Catch the Pace in Life with Secured Loan UK

Life.. a process which keeps on going, definitely not affected by your finances. Finances cant influence your life, but it surely has an effect on the quality of life you live. There are lots of things you want to get or achieve to get peace of mind and make your life more comfortable. But your financial incompetence prevents you from getting your desired standard of living. Secured loans UK can act as financial support which you look for such occasions.

Secured loans UK is one such form of loan which offers you funds against your property. The property can be anything like your own home, real estate, car or boat or any other valuable property of yours. The amount you can get is dependent upon the equity in the collateral. Generally you can borrow from ₤50000 up to ₤750000 and even more in certain circumstances.

When a loan agreement for a secured loan in UK is made the title of the collateral is transferred to the lender but the possession remains with the borrower. This means that even after the agreement the borrower can use the property. But beware as in case of any default made by the borrower in the payment of the loan or a part of the loan amount, the lender can force his right for the possession of the collateral. So make timely payments.

There are so many advantages attached to a secured loan in UK that you cant resist to prefer such loan over other forms of financing. These benefits include:

Low rate of interest

Easy and flexible terms and conditions

Longer repayment term and smaller monthly installments

People with bad credit history can easily apply. (Defaulters, arrears, poor credit score, IVAs and CCJs, bankrupts)

Advantage of using loan amount for any purpose i.e. financing business, buying property, or personal needs like wedding, education, health etc.

The last step is to find a good secured loan lender in UK with the best suited loan package according to your needs. For this you need to step down in the market and do some shopping for the loan. This is a tough job but as it is said where there is will, there is a way. After finding out the lender with apt loan package you can fill the application form with details such as name, address and contact information, loan amount required, collateral you are offering.

After going through your application form the lender himself will contact you. It will take a period of 12 to 15 days to get the loan approved as valuation of the collateral takes time. But this seems as nothing in front of the advantage a secured loan UK offers. It gives acceleration to your slow moving life.

Cheap Home Insurance – A Few Tips To Save Money

Cheap Home Insurance – A Few Tips To Save Money

Is there such a thing as cheap home insurance? There may be a better question. Is home insurance really that expensive? Homeowners insurance may very well be the consumers best buy when it comes to insurance. There are multiple benefits and features that make the home policy unique. Most everything that the homeowner owns including the dwelling can be covered in some way by homeowners insurance. When you think of the magnitude of the coverage afforded by homeowners insurance versus the premium paid then you would have to agree that homeowners insurance is a very good buy. The rates on property insurance in general, have increased over the last ten years. Much of that has to with increased catastrophes like the hurricanes in Florida. The toxic mold problem that originated out west has also caused premiums to increase on a national basis. The home insurance buyer really needs to focus on a few areas to get the most for the premium dollars paid.

Accurate Dwelling Amount This is the first most critical decision that you will make. The square footage of your dwelling has to be correct in establishing the replacement value of your home. The market value is of little use to you when you purchase insurance to rebuild the structure. Replacement cost is better for homes that have been built within the last 40 years. Check with your insurance company underwriting guidelines.

Replacement Cost or Actual Cash Value This facet of your home insurance policy should be clearly understood. Replacement cost insurance on both your dwelling and its contents means that the insurance company will rebuild or replace your loss with like kind and quality. Actual Cash Value will calculate the replacement cost and then subtract for depreciation. The actual cash value policy is cheaper but you will have to come up with the depreciable amount out of your own pocket.

Deductible Higher deductibles bring your premium down substantially. $500 to $1000 deductibles are common. This is a huge savings to you over the years and is your most valuable tool in lowering the cost.