Insurance Questions and Answers

My friend be within a motorcycle quirk & doesn't enjoy medical insurance- hold any fitting planning for fundraisers?

My friend was surrounded by a motorcycle accident & doesn't enjoy medical insurance- have any virtuous ideas for fundraisers?


Answers: Did your friend own insurance on his motorcycle when the accident happen? If so, you need to check the policy out.
He may enjoy medical payments on his policy which will pay for emergency room expenses, dr visit, etc.

Was the accident his/her knock? If not, the other person;s insurance should rate for all of his medical bills. If they did not enjoy insurance, or did not have so-so limits, consequently you can file an uninsured or underinsured motorist claim on your friend's policy.

As far as fundraisers, I did one for my friend once who have breast and lung cancer. I asked a catering company to cut me a deal and explained the situation, and they provided a full dinner buffet (we have to serve it) but it averaged to $5 a person. I sold tickets for $25 per party, so we made $20 on each individual. I have entertainment from some people at the church and held it at the church so I didnt enjoy to pay anything for the place we held it at. On top of the dinner we have a silent auction. You take your flyer around to businesses (Bennigan's, Ruby Tuesday's, insurance companies, local businesses, any company you can possibly suppose of) and you ask them to donate items -- (you will need to provide them a copy of your flyer). They donate items, you endorse the businesses at the event, and then you put a sheet near #1-30 with lines beside it and ask nation to go bid on these items. The items are donated free of charge and you are making more money within as well. I spent plentifully of time on this and pretty much did the whole piece myself without greatly of help and made $4500 surrounded by one night. You can do it if you want to, but it does clutch a lot of time and application.

I would definitely check into the medical payments on your friends insurance policy. That is what it is their for. Regardless if it is his breakdown or not, they will pay it for his or her bills. You have need of to file a claim.

If its the other person's bad habit, find out their company info and file a claim on theirs too.

GOOD LUCK!
gosh, if you are upright at crafts and making things by hand, you could move about to
MarthaStewart.com...she has closely of good things

also, you could verbs out your attic and garage and post that you are having a fund-raiser public sale for a friend who is injured, and ask for donations from attics and garages before the date of the public sale .and really noise it just about what you are doing...hope you are good at making posters...and if you made any crafty things, you could trade those at the sale

best of luck to you adjectives
x

I'm 23... would vivacity insurance be a accurate view for me?

I don't really know anything about it or how it works. I'd similar to to plan ahead though so that my future kids are okay taken care of if something happen to me. (I'm in devout health.)


Answers: Sounds approaching the Dave Ramseys here don't think you inevitability any insurance. Typical. It makes definitely no sense for you not to have a cheap $50,000 permanent status policy that will cost you $10 a month to make sure that if something happen to you, your loved ones don't have to pick up the tab. It is not a financial interview so much as an ethical question. Once you attain married, then as a inherited you can decide whats right for you, but for presently you definitely obligation a burial policy.
you are a life insurance salesman's dream -- pre-sold sucker.

**
who will you be protecting beside this policy?

future child when you're not on the other hand married?
that's silly.

wait until you hold someone to protect. or at least until you're pregnant.

next buy a guaranteed renewable annual term policy. buy more or produce it bigger if you have another child.

after they're dated enough to gross it on your own, you can ten drop the policy and save the money for your retirement.


GL
If I be you I'd get a small amount and hold your parents as the beneficiaries. This way if something happen to you, they can pay bad any of your debts and for funeral costs. It never hurts to be prepared.

Once your married and start having kids, you can shift it!
Only if you know something about it. But I focus we've discussed this before.

Keep up the well brought-up work!
I want to put up my own life insurance company.
3% annual interest rate compounded
Upon chance or natural extermination the payout is the full amount of coverage to the beneficiaries. But of course the cost of insurance depends upon your vigour and your locale.
I'm thinking of doing this legit scheme to be capable of use other people's money to make my millions. Some smarts contained by me telling me not to holdup nation on street corners.
At this point in your vivacity (not married, no kids) you do not need anything more than ample to cover funeral expenses (avg funeral is approx. $10K). If you have a house, you may want to consider have enough to retribution your mortgage off.

If you establish to do this, I highly recommend Term insurance. You can purchase this for a occupancy of 30 years. It is much cheaper than whole go. If you do this, take the money you free by going with Term of Whole Life and invest it. This will benefit you surrounded by the long run...Especially if you live the entire tem of you policy, you could become self insured and not need insurance at adjectives...I would invest in mutual funds.

HELP! Can some one explain to me Contractor's Insurance?

This is for a commercial/residential Painter, maybe 1 member of staff and he is just starting out. I give attention to he just wants it for liability purposes. One agent was conversation about it be based on payroll of 1000. She said want to put down 25% down and and 9 payments remain on the balance. She spoke so swiftly that we couldn't understand it. Can someone explain how Contractor's insurance works? Would minister to out a whole lot.
Thanks.


Answers: Most commerical insurance is base on payroll. When it is, owners are normally rate at $17,800 per yer. If the rate (and I'm making this us so don't count on it) is $50 per thousand of payroll, the liability cost would be $890. ($50 x 17.8)

Employees are rated at actual payroll. So if he have 1 employee who made $25,000 per year, the cost to add on that employee would be $50 x 25 or $1,250.

As far as how much insurance is needed--if your state have requirements then they must be met for him to do work in that. If not, I would recommend a minimum of $500,000.

In our example, if he didn't have any force and didn't add any other coverage such as property coverage for his tools, etc. the total premium would be $850 so he would enjoy to put 25% ($212.50) down and then the rest would be divided into 9 payments.
it's so if the contractor burns your house down...within a nutshell

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