Tag: insurance

Insurance for home-based business #bank #business #loans


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Insurance for home-based business

Last Updated: 10 May 2016

If you run your business from home, it’s important to understand that your existing home and contents insurance may not cover your business activities or your clients in the event of an accident or illness. This is a common mistake for many businesses and can make you personally liable if an accident occurs.

What type of insurance should I get?

There are many insurance policies targeting home-based businesses. Before you decide on an insurance policy, compare different providers to select what’s best for you.

As a home-based business you need to make sure you have the correct level of insurance to protect yourself, your business and your home. It’s also important to understand that standard homeowner policies do not generally provide cover for home-based business activities.

When looking at insurance providers, consider the following types of insurance:

  • public liability cover for persons visiting your business at home (e.g. customers and suppliers)
  • asset insurance of business equipment, inventory, tools of trade, office furniture or computer equipment
  • workers’ compensation for any employees working from your home
  • fire, storm and theft cover for the loss of any stock and equipment
  • professional indemnity insurance if you’re in a service industry, especially if you’re contracting to government
  • loss of income due to personal accident or illness
  • costs arising from interruption to your business
  • marine policy if you send products via freight carriers or post.

It’s important to note that many policies don’t cover tools of trade, office furniture or computer equipment used for your business, unless you and your insurer have agreed to cover them.

What to do.

  • Read more about Home-based business and check out our Starting a home-based business page.
  • Find out about types of insurance .
  • You may be interested in our Online business page if your home business is online.
  • Read about Managing inventory for information on protecting your stock.
  • Compare insurance companies and brokers.
  • Talk to your industry association or professional body for advice.

Was this helpful?

Thanks for your feedback. If you have any ideas on how we can improve, we’d love to hear them.

Please provide your comments in the feedback form .

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Business insurance quotes #government #small #business #loans


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Business insurance quotes

Need business insurance quotes?

At OUTsurance, your business insurance quote is tailor-made around the unique needs of your business. No matter how big or small your business, we can help you save on your business insurance today!

Get a business insurance quote today – you’ll be impressed with our world-class service, affordable pricing and all-inclusive business insurance products.

What’s in it for you?

Firstly, you stand a very good chance of saving money each and every month. We’re able to help you save, simply because we don’t make any assumptions about you or your business. This means that you’ll pay the correct premium and won’t ever need to worry about subsidising bad-risk clients.

You’ll also enjoy peace of mind knowing that, no matter what happens – the business insurance experts will be there for you every step of the way. They’ll take charge of the situation and get you back on your feet again in no time.

Why choose OUTsurance?

Even if you get hundreds of business insurance quotes, we believe that you’ll have to look long and hard to find another insurance company who is as dedicated and passionate about your business as we are.

In addition to this, we promise the following:

  • Fixed excess amounts, no matter how big your claim
  • 12-month guaranteed premiums
  • No hidden costs
  • No fine print

Also, if you don’t submit a claim for the first three years, you automatically get an OUTbonus which is 10% of your premiums back in cash! So, before you spend a significant amount of time requesting multiple business insurance quotes from other insurers, get a quote from OUTsurance first. You’ve got nothing to lose, get a quote now!

A sneak preview of our product offering

The one thing you should know about requesting business insurance quotes from OUTsurance is that – whatever your business size or industry type – we want to give you the very best insurance package for your specific needs.

Our business insurance advisors are all FAIS compliant and know the product inside out. This presents you with the perfect opportunity to get expert advice on the best possible insurance product for your business.

You can choose to insure any or a combination of the following items:

Also view our other business insurance products for more information on the following:

  • Business interruption
  • Personal accident
  • Employer’s liability
  • Employee dishonesty
  • Public liability

We’ve actually gone as far as designing tailor-made business insurance packages for certain industry types. This includes dentists, medical professionals, the food industry, hotels, guesthouses and body corporates. So, whether you’re a hairdresser, a chef, a landscape architect or a plumber – we’ll provide you with a product that will fit around your unique business insurance needs just perfectly.


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Business Liability Insurance from Nationwide #apply #for #a #business #loan


#business insurance quotes

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Liability Insurance Can Help Protect Your Business from the Unknown

With the day-to-day uncertainties of business management, liability insurance is something you cannot do without. Accidents happen – on site, off site, with employees and with customers – no matter how much you’ve planned. It is a critical part of any insurance portfolio, regardless of your industry.

Liability insurance can help cover medical expenses, attorney fees and damages you are legally responsible for. It can also offer protection against situations that may not have even crossed your mind. For example, any individual or business providing an opinion, making recommendations, designing products/solutions or offering a service is at risk for a professional liability lawsuit. Nationwide can help with defense costs, regardless of fault, as well as protection for judgments, court costs and more.

Nationwide offers great basic plans that can be easily customized with a wide variety of options so you can select the coverage you need. We understand that you need complete business protection, not one-size-fits-all coverage. Our agents will work with you to determine the right type of commercial liability insurance you need for every stage of your business.

You can enhance a basic policy with additional commercial liability insurance options, known as endorsements, that meet the specific needs of your business.

Hired and Non-owned Auto Liability Insurance

Provides auto liability coverage for short-term auto rental or for employees using their personal auto during the course of business.

Umbrella Policies

Extends coverage over and above your other liability coverage. Designed to protect against unusually high losses when the policy limits of one of the underlying policies have been used up.

Product and Completed Operations Liability Insurance

Provides protection for bodily injury and property damage that occurs away from your premises that are caused by your products or your work. The amount of coverage and the level of risk depend on your business type.

Employment-Related Practices Liability Insurance

Covers wrongful termination, wrongful refusal to employ, invasion of privacy or defamation claims made by your employee against you, the employer.

Directors and Officers Liability Insurance

Provides coverage for situations where a poor decision was made by a company’s board of directors or officers resulting in a claim for damage. Coverage can be provided for condominium associations, golf courses and churches.

Liquor Liability Insurance

Protects you against claims for injury sustained by reason of you selling, serving or furnishing any alcoholic beverage during the course of your business operations.

Fire Legal Liability

Provides coverage for fire damage to premises you rent or occupy with the landlord’s permission. You must have been negligent in causing the fire for this coverage to respond.

Understanding Business Liability Insurance – Additional Resources

Ask your agent about Medical Payments, Premises Liability, Employer’s Liability and Employee Benefits Liability.

In addition to the above, please review these additional resources, based on frequently asked questions (FAQs) about business liability:

Prevent Common Business Liability Claims

Learn a few simple things you can do to help prevent many of the most common loss events from happening to you.

Choose Nationwide as Your Business Liability Company

Learn why Nationwide is the #1 Total Small Business Insurer and the right company to protect your small business.

Commercial Auto Liability

Business auto liability insurance is an important safeguard for your business.

Product, coverage, discounts, insurance terms, definitions, and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms, and discounts may vary by state and exclusions may apply.

Business Safety and Loss Prevention

Get disaster and safety planning support from Nationwide, a trusted business insurance company.

Accident Medical Insurance

Protect your organization and its participants during group events.

Medical Stop Loss Insurance

Limit your risk while keeping your employees safe and healthy.

Business Interruption Insurance

Keep your business running when the power, gas or other utility goes out.

Businessowners Policy

Find the right BOP insurance for your medium to small business.

Disaster Planning and Recovery

Prepare your business for natural or manmade emergencies.

Agriculture Insurance

Find solutions, resources and products for your agribusiness.

Commercial Business Insurance Discounts

Get up to 10% off uniforms and workplace safety products.

Business Banking

Find banking solutions that suit the needs of your business.

Business Alerts Insights

Keep on top of safety issues that can affect your bottom line.


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Health Insurance in India still remains an untapped market #china, #russia, #health, #south #africa,

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Health Insurance in India still remains an untapped market

In a country where less than 15 per cent of population has some form of health insurance coverage, the potential for the health insurance segment remains high. It seems that there is an urgent need to ramp up the health insurance coverage in the country as out-of-pocket payments are still among the highest in the world.

Furthermore, according to the statistics of the World Health Organization (WHO), in 2011, India has spent only 3.9 per cent of gross domestic product (GDP) on the health sector which is the lowest amongst the BRICS (Brazil, Russia, India, China, South Africa) member countries pack.

Moreover, amongst the BRICS nations, in 2011, Russia s out-of-pocket expenses stood highest at 87.9 per cent closely followed by India (86 per cent), China (78.8 per cent), Brazil (57.8 per cent), and South Africa (13.8 per cent). On the other hand, these expenses in developed economies of US and UK were comfortably poised at 20.9 per cent and 53.1 per cent respectively.

High out-of-pocket expense is exactly the reflection of low health insurance coverage in India. Sudip Bandyopadhyay, President, Destimoney Securities, opined, We don t have the insurance to cover and thus we end up paying from our own pockets. Once the penetration of health insurance increases, out of pocket payments will come down. In US and all, health insurance coverage is around 80 per cent.

Reasoning out the low health insurance coverage in India, Antony Jacob, CEO, Apollo Munich Health Insurance, said, Only about 12-13 per cent of population has some form of health insurance coverage, including those who are covered through some form of government schemes. People are yet to accept health insurance as a financial tool for medical emergencies. They usually procrastinate when it comes to buying health insurance unless they are faced by a challenging situation.

Although the Indian health insurance market still lags behind other countries in terms of penetration yet the health insurance segment is rising. It continues to be one of the most rapidly growing sectors in the Indian insurance industry with gross written premiums for health insurance increased by 16 per cent from Rs 13,212 crore in 2011-12 to Rs 15,341 crore in 2012-13. The health insurance premium has registered a compounded annual growth rate (CAGR) of 32 per cent for the past eight financial years.

Health insurance segment still remains an unexplored territory in India. Jacob at Apollo Munich Health Insurance asserted, Health insurance has become one of the most prominent segments in the insurance space today and is expected to grow significantly in the next few years. As spending on healthcare in India is expected to double in a couple of years, we believe that health insurance will eventually become the biggest contributor in the non-life segment.

Furthermore, in the present scenario, the health insurance industry is dominated by four public sector entities (National, New India, Oriental, and United India) that together have 60 per cent market share. The rest of the share is with 17 private sector players, of which four are standalone health insurance players (Star Health, Apollo Munich, Max Bupa, and Religare Health). ICICI Lombard continued to be the largest private sector non-life insurance company, with market share of 9.74 per cent.

Standalone health insurers have got a boost by the move taken by Insurance Regulatory and Development Authority (IRDA) in early 2013. Bandyopadhyay averred, Few months back, IRDA has classified health insurance as a separate category and has permitted the insurers to tie-up with banks. All the four exclusive health insurance companies will be tying with the banks across the country and that will help them to move to the next level. The penetration of health insurance is now expected to increase with banks pushing for it through bancassurance tie-up.


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Is comprehensive auto insurance worth it? What does comprehensive auto insurance cover? #comprehensive #auto

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What does comprehensive auto insurance cover?

The first thing to do when considering comprehensive auto insurance – or any other type of insurance for that matter – is read the fine print. Some policies don’t cover certain kinds of damage, such as damage to GPS navigation or satellite radio systems that aren’t permanently installed in the car, while others cap the amount of coverage for these items [source: Maine Bureau of Insurance ].

A driver should also consider whether the car is likely to be exposed to hazardous conditions. A car parked on a busy city street, for example, is probably more likely to be damaged or stolen than one that is parked in a secure garage and, as a result, likely subject to a higher comprehensive insurance rate [source: Cadet ].

Keep Reading Below

Ultimately, the car’s value is the most important factor in determining whether comprehensive coverage is a good idea. In the event that a covered car is damaged, the most that this coverage will pay out is the cash value of the car at the time it was damaged, less the deductible amount. For a car that’s not worth much – perhaps because it’s old or banged up – the payout may be less than or equal to the cost of the insurance [source: Allstate ].

Consider for example a car worth $1,000 at the time that it is mauled by a cougar that escaped from the local zoo (or, more likely, stolen or damaged by a falling tree branch). If the owner has comprehensive insurance with a $500 deductible, the most the coverage will pay is $500. With comprehensive rates averaging about $113 a year, a driver who’s paid for the coverage for four or five years may get a payout close to what the driver has already paid in premiums. One common rule of thumb is that the annual cost of comprehensive auto coverage should be less than 10 percent of the vehicle’s cash value [source: Consumer Reports ].

In other words, the purpose of comprehensive auto insurance is to protect the value of the car from non-accident damage. If the value is already low, it may not be worth protecting.

Print |
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Florida Auto Insurance from Nationwide, st auto insurance reviews.#St #auto #insurance #reviews


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Florida Auto Insurance

Feel secure knowing you have an insurance provider you can rely on.

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With some of the world’s greatest attractions right in your backyard, naturally you’ll be hitting the road all year long. Relax on the way to your favorite beaches and theme parks knowing you and your vehicle can have solid protection with Nationwide.

Before you get a quote, make sure to visit our Florida Auto Coverage page to learn your state’s minimum coverage requirements.

Take advantage of Nationwide’s features

Nationwide makes it easy for you to find dependable auto insurance in Florida. We can show you options so you can choose the coverage that’s right for your needs, goals and budget. Explore the features below to learn more about what we can offer you:

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On Your Side ® Claims Service

Choose a shop in our network to get a written guarantee on repairs for as long as you own your vehicle. 1

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Discounts Helping You Save

We offer many ways to help lower your auto insurance rates. See the many ways you can save with qualifying discounts.

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95% of Members Would Recommend Nationwide

Learn why so many of our members would recommend us to friends and family. 2

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SmartRide ® Program

SmartRide rewards safe driving. Get an instant discount when you sign up. The safer you drive, the higher the discount you could earn. 3

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On Your Side ® Review

Enjoy a free consultation with an agent who’s here to help you get the protection you need at the price that’s right for you.

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Resources at Your Fingertips

Make payments, print ID cards, report claims and more, quickly and easily online. We even have a mobile app for on-the-go account access.

Find local agents in your neighborhood

We have Nationwide agents around Florida. Search for your local agent.

Protect your home and car

Nationwide offers a full range of insurance and financial products in Florida for your home, car, family and financial security. Simplify your life and save more by bundling your coverage. Check out our other policies for Florida residents.

Insurance terms, definition and explanations are intended for informational purposes only and do not in any way replace of modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which control coverage determinations. Such terms may vary by State, and exclusions may apply.

[1] Guarantee is limited to alternative parts identified on appraisal and used in repair. Also, work performed at an On Your Side Auto Repair Center includes workmanship guarantee. For informational purposes only. Program terms and conditions are controlling.

[3] Discounts do not apply to all coverage elements; actual savings vary by state, coverage selections, rating factors and policy changes. Enrollment discount applies during data collection; final discount is calculated on driving behavior and could be zero. Final discount applies at the next policy renewal and remains until drivers or vehicles on the policy change.


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Insurance grace periods: When do you get cut off? #insurance #grace #period


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Insurance grace periods: When do you get cut off?

Constance Gustke – Last updated: Oct. 9, 2015

Read the Spanish version:El per odo de gracia de las compa as de seguros: Cu ndo vence?

Knowing your insurance company s grace period is key to keeping your coverage in force. Insurers will generally give you a cushion of time past your premium due date to pay up and still have your claims covered. But if you exceed that grace period, your insurance company could cancel your policy.

If you ve let your insurance lapse, you may need to re-apply, ante up higher premiums and perhaps even face new conditions attached to your policy (like a pre-existing condition exclusion attached to a health insurance policy).

Auto and home insurance grace periods

Stay alert: Both auto and home insurance policies have short grace periods. For car insurance. you’re usually sent a 10-day notice of cancellation a few days after your premium due date, although some states require more advance notice.

Insurers bear the risk that you ll have a claim, so they expect to be paid for the coverage, says Don Griffin, vice president of personal lines at Property Casualty Insurers Association of America, an industry trade group. “The policy is a legal contract, and there could be a loss during that time.”

If you have trouble paying your home insurance or auto insurance due to lack of funds, your best option is to rearrange your payment schedule (such as going monthly, for smaller payments). If mailing your check on time is a problem, you can pay by credit card or automatic funds transfer, adds Griffin.

Once your insurance is cancelled, you re on your own: If you have a car accident or your house burns down, there are no loopholes to make a cancelled policy pay out. And you will have to endure the entire application process again, adds Griffin.

When you reinstate your coverage, insurers often make sure there were no intervening losses by inspecting the car or house. “The insurer may also require a larger down payment or require that it be paid in full,” Griffin says. “But in most cases, they’ll take you back.” Chronic late-payers may find that their insurance company doesn t want them back.

A non-payment history can dog you when you re shopping for new insurance. Insurance applications include a key question: Has you insurance ever been cancelled? If you answer yes, you re pegged as a high-risk customer and can be subject to higher premiums.

Homeowners insurance is much the same: You ll still get the same 10-day cancellation notice after your due date. “Try to work with your insurance company so that you keep your insurance,” advises Griffin.

Life insurance grace periods

Time is on your side with life insurance. Grace periods for late payments last anywhere from 30 to 60 days and your life insurance remains in force during that time.

“Companies want you to keep your coverage,” says Jack Dolan, a spokesperson for the American Council of Life Insurers, an industry trade group. “Life insurers will work with you.”

But once a life insurance policy lapses, it may be difficult to reinstate. Your insurer may require you to show additional evidence of insurability, such as undergoing a medical exam. If you have developed a new medical condition, your policy may not be reinstated.

Most policies including term life insurance — can be reinstated within five years of lapsing if overdue premiums are paid and loans against cash value are satisfied. If you have a level premium term policy, you can still pay premiums based on your original issue age.

To avoid a policy cancellation, Dolan suggests talking with your agent. He adds that there are options for catching up with payments for permanent life insurance, such as making partial payments, suspending coverage for a period of time or using the policy s cash value to cover premium payments. Check with your insurance company for term life payment options.

“Get in touch with your insurer sooner rather than later,” advises Dolan. “Don’t rely on grace periods to keep policies.”

Health insurance grace periods

There are few ways to fix late premium payments with individual health insurance coverage. Generally, grace periods are 30 days, although this period is governed by state laws. However, insurers will stop accepting claims a few weeks after your premium is due.

“When you pay your premium, they unlock (claim) payments,” says Matt Tassey, past chairman of the Life and Health Insurance Foundation for Education. For example, if you send in a payment by the 29 th day of your 30-day grace period, the insurer has to continue your coverage.

Once your health insurance policy has lapsed, it’s over. That means you’ll be navigating the application process again, and claims incurred after the due date won t be paid.

To reinstate your policy, you must pay back premiums. However, some insurers won t accept payments that are more than 90 days late. Also, new conditions may apply if you re beyond the grace period. For example, if your coverage gap has been longer than 63 days, a health insurance plan may now exclude coverage for your pre-existing conditions.

“Companies are afraid of being taken advantage of,” says Tassey.

Ready to get a quote?


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Scuba Diving with Northwest Scuba in Edmonton – Certification and More #northwest #insurance #network,

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Welcome to Northwest Scuba

Welcome To Northwest Scuba

Welcome to Northwest Scuba! We are your one-stop shop for all your scuba diving and snorkeling needs in Edmonton. No matter if you are just looking at beginning your adventures into Scuba Diving or you are an experienced veteran, we have something for you. We offer a wide range of services, courses, dive travel, equipment, and rentals.

Northwest scuba has provided scuba training, equipment, and customer care in Edmonton and the surrounding area for more than 30 years. Ken and Laura have more than 27 years of experience teaching scuba in both cold and tropical climates, we offer you the highest quality and experienced instructors around. We even have our own course director and a specialty instructor trainer on site.

Northwest Scuba is a family-run business and we offer honest and friendly service. Our staff will take the time to ensure your equipment fits you properly, answer any and all of your questions, or just enjoy a simple chat about one of our favorite topics… diving.

Thanks for visiting Northwest Scuba.

Ken Holliday
PADI Course Director

Laura Villneff
Master Instructor

Don’t just talk about it, experience it!

Talk to us about doing your instructor development in Edmonton Alberta or start your IDC on-line. Click on the link and start now.

Northwest Scuba

Latest News

Northwest Scuba is a DDI training facility. (Disabled Divers International)

Ken is teaching the PADI recreational rebreather course on the Hollis Explorer.

If you have not gone diving in a while let’s get you reactivated. Call for details.

Northwest Scuba was awarded a plaque for certifying 10,000 certifications!

Can’t train in person?

No problem. With PADI, you can take the classroom portions of a course online. You can start your academics at home at your own pace.

Looking for travel insurance?

Purchase your Per-Trip travel insurance plan through the Divers Alert Network (DAN). Get started .

Wednesday Night Pool Drop In.

If you want to join us on Wednesday night pool drop in. You need to call a head to get on the list. This way we have enough equipment. You also need to drop by the store on Wednesday night before 8 pm to pay. There is a $20.00 fee for the drop in even if you have your own gear.

We do our open water dives at Lake Summerside. The lake is not a run off pond. It is filled with City of Edmonton water. You are allowed to Swim, fish and use stand up boards in the lake. It is a great facility to train for open water in.


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Average Cost of Life Insurance (2017) #average #life #insurance #cost #per #month


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Average Cost of Life Insurance (2017)

Contents

ValuePenguin recently took an in-depth look at the average cost of life insurance across a number of different policy durations. The largest influencing factor on life insurance prices are the health of the individual being insured. Factors such as whether or not your smoke, and what your height/weight are go a long way towards determining your annual insurance premiums. Individuals that smoke can pay 3-4x the amount that healthier, non-smokers will have to pay in premiums. Of course, life insurers will look at many other factors besides health (such as your occupation and age) but factors common in pricing other insurance products, like state of residence, won’t be a contributing factor.

Average Cost of Term Life Insurance by Age

Looking at a 20 year term policy (the most popular option) worth $250,000, we’ve determined what the average annual price is for individuals between 25 and 65. One of the clear takeaways from the table: it’s expensive to smoke! Smokers on average will pay up to 200% more for their life insurance policies than non-smokers. This disparity grows with age with 25 year old smokers paying twice as much for their insurance while 65 year old smokers pay almost 3x as much.

Monthly Life Insurance Cost (Non-Smoker)

Annual Life InsuranceCost (Non-Smoker)

Average Cost of Life Insurance By Term

Below you’ll find the average cost of life insurance broken out by number of years on the policy. Unsurprisingly so, the longer the policy term the more expensive it is. Average policy costs range from $568 per year for a 10 year term policy to $1,528 for a 30 year term policy.

Term Life Insurance Policy Costs

Term life insurance rates are typically the cheapest way for an individual to purchase life insurance coverage. They’re significantly cheaper than insuring with a whole life policy and still provide some flexibility. Our charts below detail 10, 20, and 30 year term life policies so you can see the average cost of each. As you’ll see, fewer policy coverage years equate to a cheaper monthly (or annual) premium.

Life Insurance Rates: 10 Year Term

Here we breakdown 10 year term life insurance policies and show you the average annual premiums depending on your level of health and the amount of coverage you’re interested in purchasing. Ten year policies are popular for those people who are on a very tight budget as they offer some of the cheapest rates on the market, or those who won’t require insurance after their ten years of coverage expires. If you need a reminder on what each ‘Rate Class’ entails you can click here and see our description at the bottom of the page.

Life Insurance Rates: 20 Year Term

The most popular term life insurance option on the market, the 20 year term policy provides longer coverage than its shorter-term 10 year counterpart. These policies are usually recommended for young families who often have large debts and expenses, like mortgages and school loans, that would become extremely burdensome if the breadwinner of the family happened to die unexpectedly. Twenty years is typically long enough for the family to substantially pay down these debts and reduce the potential risk of someone else having to foot the bill should something happen. Take a look at the average rates by Rate Class below:

Life Insurance Rates: 30 Year Term

Looking for a longer term life insurance policy? Thirty year term policies will provide you more flexibility but come at a much higher price. However, one of the advantages to a longer policy, such as a 30 year term, is that your premiums remain unchanged even if your health changes over the time period. So if you’re underwritten as a healthy 25 year old and find yourself overweight and out of shape at 50, fear not! Your rates will have been locked in based on your physical health when you purchased the policy. You can see below how much pricier 30 year policies are than your shorter term policy options:

Life Insurance Market Size

The life insurance market has grown by around 30% over the last ten years. Interestingly, the market grew about 28% between 2003 and 2008 before shrinking after the recession in ’08-’09. Since then it’s grown steadily and just surpassed it’s 2008 market size in 2012. Check out our graph below to see how the market has fluctuated in the last decade. All numbers in billions.

*Data from the 2012 NAIC Study

Methodology

Data from this study was sourced from TIAA-CREF. Average life insurance figures were calculated by looking at four policy amounts ($100k, $250k, $500k, and $1 million) across four Rate Classes. The results were averaged to give us the number in the first table. Here’s the breakdown concerning rate classes:

Preferred Plus policies assume no tobacco use in 5 years, no serious medical issues, cholesterol levels below 210, and blood pressure that doesn’t exceed 135/85.

Preferred policies assume no tobacco use in 3 years, above average health, no serious medical issues, cholesterol levels below 250, and blood pressure that doesn’t exceed 135/85.

Select policies assume no tobacco use in 12 months, good health, blood pressure below 140/90, cholesterol below 300.

Standard policies assume tobacco use in the past year, good health, cholesterol below 300, and blood pressure readings below 140/90.

Comments and Questions


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2017 Locksmith Prices, How Much Does – A Locksmith Cost, how much does contractors

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Cost to Hire a Locksmith

Most homeowners spend between $116 to $165 nationally.

Get free estimates from local contractors who can Hire a Locksmith .

Whether you’ve just bought a new home and you want to have the locks changed for safety reasons, or you’re in need of an emergency lock repair, you’ll need the services of a professional locksmith. An experienced locksmith can replace all types of locks, help you get into your home or car if you’ve locked yourself out, create new keys for a lock, or re-key locks to fit a new key. Before hiring a locksmith or trying to handle a lock problem yourself, you’ll want to know how much the project will cost.

National Hire a Locksmith Costs

Enter your zip code to see specific costs in your area.

National

We are still gathering data for this location. Try changing location above or choose another project.

How do we get this data? This info is based on 6519 cost profiles, as reported by ImproveNet members.

Average Cost to Hire a Locksmith

The average cost to hire a locksmith is $181. The majority of people who needed the services of a professional locksmith reported paying between $143 and $199. The lowest reported cost to hire a locksmith was $59, while the highest price for locksmith services was $300. The cost to hire a locksmith will depend on several factors, including whether you’re in need of emergency service or if there are difficult circumstances like hazardous weather in the area.

Cost Considerations When Hiring a Locksmith

Most experienced locksmiths can unlock any door without needing to replace the locks. If a locksmith tells you that the locking mechanism needs to be replaced, you may want to get a second opinion if possible. Replacing locks and strike plates will add to the project cost. Some locksmiths may charge an additional fee for middle of the night or emergency service. If you’re out on the road and have locked yourself out of your car, you may have to pay an additional mileage fee. Some insurance companies and roadside assistance plans offer free or low cost locksmith services if you choose from a list of participating providers. Before hiring a locksmith on your own, you might first make a call to your insurer to check on your benefits.

DIY Locksmith Projects

If you’re thinking of replacing a lock yourself, consider the cost of tools and the hardware as well as your time. An inexperienced do-it-yourselfer may inadvertently cause damage to the door or door frame, resulting in additional expenses for the project. Hiring a professional to fix a DIY project gone wrong increases the cost.


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