Tag Archives: Investment

Buying Life Insurance Online: Why it pays not to delay

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2015 is hot on our heels, so it’s no surprise that many of us will feel like it was only yesterday that we were welcoming in 2014. With the close of December providing the opportune moment to reflect on the past few months, it’s easy to feel a little disheartened by all those unticked boxes on our annual to-do lists. But with work, holidays and celebrations aplenty, who can blame us? Those 365 days really can fly by.

It’s something we’re all guilty of: finishing the minor, easy-to-complete tasks whilst putting those less appealing ones on the back-burner. And whilst there are some jobs which can easily wait until the New Year, there are others that we really shouldn’t postpone any longer, and buying life insurance is no exception.

Having Life Insurance affords a high level of security to your financial dependants, and can ensure that, should anything bad happen to you, your family and friends will be taken care of. So arguably, it’s one of the most important things on your to-do list.

Perhaps your aim this year was to save up some cash to pay off more a bit more of your mortgage or loan. And good on you if you did, but have you considered how your family would cope if they were unable to pay off the basic sum, let alone a little extra?

Why now?
So we know the value of having a life insurance policy, but still, why now? You may be asking yourself this question. After all, you’re not planning on popping your clogs any time soon. But typically, the younger you are, the cheaper your premiums will be. With a lower risk of injury and illness, it’s a statistical sum favoured by the insurers, so it’s really in your best interest to buy sooner rather than later.

Cluing Up

A recent survey by Best Price FS found that, out of all respondents without life insurance, 47% were considering getting it. The most common reason for postponing its purchase was due to the need to ‘do more research’, just another unticked box on their to-do lists.

However, this needn’t be the case. With the wealth of information available about life insurance online these days, everything you need to know is just a click away, so there’s no reason to delay.

With the choice available out there now, it really is easier and more convenient than ever to get cover. Unlike the hoovering, it’s not a job which needs regular maintenance – once you’ve started paying your premiums, you can sleep safe and sound, knowing your dependants will be provided for if the worst were to happen. It’s one of the easiest jobs you’ll ever do, and likely the most worthwhile.

Four Ways a Condo Warranty Can Benefit You

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We have all had a dishwasher that puttered out or a washing machine that sat idle with clothes floating in a well of water. Fixing creaky old appliances can be costly, and it often seems there is no way of avoiding such expenses. However, many owners and renters have found a solution: purchasing a condo warranty.
Unlike insurance-which covers natural disasters, calamities, and theft-a warranty is a service contract that, among other things, covers major appliances for members of a condominium. These warranties are specifically designed to work within the existing support structure and services provided by your association, so you only pay for the protection you need. Here are four ways a condo warranty can benefit you.

Covers Major Home Appliances and Systems

While the definitions of major systems and appliances may vary from policy to policy, a condo warranty will typically cover HVAC, plumbing, electrical, hot water heaters, garbage disposals, dishwashers, stoves and ovens, washers and dryers, and garage doors. Refrigerators are often covered when they are in the property at the time of purchase. This can be even more beneficial in the event that a retailer or chain goes out of business and/or any coverage you have on the product lapses.

Enhances Market Value

Condo warranties are, in general, cost-saving tools when it comes to maintenance. However, they can also be an enhanced benefit in a competitive seller’s market because they increase a unit’s marketability. According to the National Home Warranty Association, units on the market that covered by warranties tend to sell about 50 percent faster than homes that are not.

Protects from Potential Post-Sale Legal Disputes

Warranties generally protect the condo’s seller from post-sale legal disputes. They allow for the purchaser to invest with confidence, as they are given more security than what is offered by a statute of limitations, which, in most cases, only lasts four years. On the flip side, sellers can avoid legal disputes based on faulty or dysfunctional appliances and systems because they are covered. Of course, reviewing the fine print for specifics is always highly encouraged before purchasing a property.

Provides Peace of Mind

Out of the nine most crucial appliances in the home, at least one is expected to break down at some point in its 13-year average lifespan. A new buyer is assured some peace of mind in knowing that if something goes awry with any of the condo’s major appliances or systems, they will likely be covered by the warranty.