I am 30, and took out a vivacity insurance policy on myself...?
Since its over 100,000...They have to lift blood and urine...why?Answers: To make sure you are robust, and not hiding any pre-existing conditions that could contribute to an early passing.
They are happy to lift your money each month, but they don't want to enjoy to pay anything out!
? ?
Which insurance provider ?
to brand sure that you dont have any disorder that may end your natural life early. If you do they deny you insurance
They want to be sure you don't enjoy any illnesses now such as diabetes,cancer or kidney disease.
Standard procedure for vivacity insurance.
To determine how healthy you are. If you are not decent, then they may involve to offer a different type of insurance or silver the monthly/quarterly premium.
Basically, if you are not healthy, or they find that you smoke - after your premiums will be higher.
So they can fashion sure you haven't bought this policy knowing you were off-colour.
It is standard procedures, to prove you are a healthy individual.
They are checking you for diabetes, cholesterol stratum, aids, etc - stuff that might ALREADY be wrong with you.
to spawn sure that you aren't a drug user or have a disease that might lead to death sometimes since the policy is up. make sure you are getting a possession life policy and shared life, full life is a rip-off. it's standard for existence insurance companies to do that--they have to brand name sure you are insurable.
To make sure that you do not enjoy any underlying medical issues that may shorten your life span - ie diabetes, cancer, etc.
Your agent, even if it be an online agent, placed you in a rating tier such as preferred, ultra-preferred, etc. base on the information that you provided during the application process. Your premium is based on the tier that you qualify for. The blood, urine and other test are used to determine if the tier that you were quoted surrounded by is the actual one that you qualify for. If you qualify for a better tier, most reputable insurance companies will give you the better rate. If you don't qualify for the tier thay you be quoted in, they will grant a policy for either a lower obverse amount or a higher premium.
There are agents contained by the life insurance bazaar that quote everyone at the lowest possible rate and then try to deal in the client on the higher premium when it is offered. (Only around 2% of the general population qualify for the best tier.) Good, honest and reputable agents will attempt to pre-qualify you and quote you in the tier that their experience tell them that you will qualify for; but, there are no quarantees. Something can show up contained by the tests that even you did not know in the order of.
FYI, there are non-medical insurance policies that are available. Those are usually offered based on "standard" rates--not preferred or ultra-preferred and can be issued beside nicotine and/or non-nicotine use. They are not "guaranteed issue" policies, but if you do have minor condition issues that are controlled with medication (hypertension, cholesterol, etc.) you can usually qualify for the standard rate. There are also "guaranteed issue" existence policies for those who do not wish to answer any condition related questions. They do hold strict limitations on benefit amount, etc.
What is the best LIC pension plan for a 23 year old?
Answers: My advice for everyone , who is thinking about insurance plan is that check the charges first. Charges eat most of your returns. Also if you are going for pension plan, return of your annuity will be less (less then the bank interest rate) & will be taxable.
If you have decided to go for pension plan then go for single premium plan with minimum allowed premium & then top up it with any amount. It will save many charges for you. Check yourself before opt for any plan.
I prefere mutual fund route over insurance route for my savings due to charges.
My humble suggestion is to go in for LIC's Jeevan Nidhi. A pension plan which will function as endowment insurance policy till maturity and the maturity proceeds will be converted to pension fund and you will get the pension life long after maturtiy and after you, your nominee will get the maturity amount in lump sum.
For more details on this plan visit LIC's website http://www.licindia.com
You will get insurance coverage as well as pension savings.
good luck
pnkmurthy(a)yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...
Can I buy a home insurance online and what are the main elements to consider?
Answers: Yes you can.
Check excess, any valuable items (jewelery, tvs etc) and overall value they will give you if you lose everything
Go through an insurance broker, they will do all the leg work and get you deals that you can't (Due to repeat business with certain companies) their free to use as they claim their fee off whichever company you end up going with.
Good Luck
yes most insurers are selling online now. Make sure you look at the cover details though, as all policies are very different, and its the same rule as anything else, you generally get what you pay for. For example, Lloyds TSB, "britain's most popular home insurance provider", true it is one of the best products on the market. but on average is £200 more than others annually.
also, if price is a factor, make sure you use a number of different price comparrison sites, as all sites have a different competitor set.
try:
www.moneysupermarket.com
www.confused.com
www.comparethemarket.com
www.peopleschampion.com
www.gocompare.com
If you are prepared to spend an hour shopping around, the internet is the best place to find good value home insurance. Price comparison sites have made shopping around easier but you should compare policy features as well as price and first know what cover you want before getting prices to ensure you are comparing like with like.
If you do use price comparison sites make sure you try more than one as not all sites quote all insurers. And be aware that some price comparison sites make assumptions about you and the cover you want so the final premium may be different from the original quote they give you. Look for comparison sites that guarantee the accuracy of the quotes to save you time and hassle.
As for the various insurance options, that depends upon the home you are insuring, your personal preference and budget. Some good guides to taking out a policy can be found here...
http://www.moneysavingexpert.com/insuran...
http://www.uk-insurance-index.co.uk/arti...
http://www.abi.org.uk/Display/default.as...
The main thing to consider, is which enhancement endorsements you need. You'll have to ASK for them, so you'll need to KNOW what's available in your state.
Because of that, I strongly recommend against "do it yourself" insurance, as you'll probably get inaccurate advice - from yourself.
Go to a local agent. They can explain the main elements in your state, AND suggest which enhancements are appropriate to YOUR SITUATION, so that when claim time comes around, and your claim is denied because you didn't buy that enhancement that would have covered it, you won't be saying, "No fair! No one told me I should have that!".
Some enhancements I recommend and you should get explained:
Guaranteed replacement cost on dwelling
replacement cost on contents
building ordinance or law enhancement
backup of sewers & drains
personal articles floater
You can but don't.
If you are not an expert on house insurance (and I bet you're not) then you won't know whether there are any exclusions/ restrictions in cover that are atypical.
Also - think - if you buy online are you going to be able to talk to an expert or call in and see them to discuss your cover? You'll probably get a call centre in Ulan Bator.
So trust professional insurance advisers not insurance sellers.