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New york college of art and design #new #york #college #of #art #and #design




Investigating the art of your contemporaries and seeking direct experiences is an essential component of any critical practice. For two weeks, the classroom is the numerous cultural institutions of New York City. Students explore the visual art offerings in New York, noting especially the interdisciplinary projects that are underrepresented in Baton Rouge, such as installation art, public art, performance, and digital media. Fieldtrips include visits to the Museum of Art and Design, Whitney Museum of American Art, Chelsea Art Galleries, Museum of Modern Art, various artists’ studios, and DIA Beacon.

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Difference Between Doctorate and Ph #doctor #of #education #vs #phd, #career # # #education


Difference Between Doctorate and Ph.D.

In the academe, both a doctorate and Ph.D. are common terms. However, people who live outside the education sector can confuse or mistake one concept as the same as the other.

Both a doctorate and a Ph.D. refer to the highest distinction and degree conferred upon an individual by an educational institution. The conferment of this type of educational attainment is done by a university. As the highest level, it is usually given after an individual accomplishes both a master’s degree and bachelor’s degree. Both a doctorate and a Ph.D. focus on a single field of study or discipline.

The main difference between a doctorate and a Ph.D. are their respective meanings. A doctorate is an umbrella term for a degree studies or rank. On the other hand, a Ph.D. is a specific degree that falls under the doctorate category.

A doctorate is a program that can produce either a professional or an academic degree. Doctorate studies focus on two main categories of discipline; research and professional.
Holders of a doctorate degree are considered scholars and experts in their field of study.

Meanwhile, a Ph.D. which stands for Doctor of Philosophy, is classified under academic degrees. Recipients of a Ph.D. also employ the same professional and scholarly characteristics of many doctorate recipients. However, Ph.D. degree recipients are more into research and its related skills (writing, conducting, and presenting research).

Any kind of doctorate degree (including a Ph.D.) includes years of coursework, immense studies, and field work to accomplish. The final requirement for the degree is a dissertation, an original and documented material that tackles a particular issue or problem in the discipline. However, the presentations of the final requirement are different. In many doctorate degrees, a dissertation is submitted for review and assessment. In a Ph.D. there is a dissertation defense as well as a publishing requirement. Publication of a Ph.D. dissertation requires that the document is publishable in a peer-reviewed, academic journal.

Doctorate degrees, especially professional degrees, are optional in many industries. However, people in the academe place a higher importance on this type of degree, particularly for a Ph.D. For many educators, a Ph.D. is a must because it is often required by universities among its teaching staff. A holder of a Ph.D. can be both an undergraduate and a graduate (master) student in his own discipline and is eligible for tenure.

Doctorate degrees range from different areas of study and specialization like law, education, medicine, engineering, business, and other professions. Doctorates can also be classified as traditional doctorate degrees (the student accomplishes all the requirements of the degree upon graduation) and the honorary degree (a person who is given the title of doctor due to his contribution to the field, study, or profession). Recipients of both type of doctorates are completely different. A recipient of an honorary degree is not necessarily capable of conducting research or contributing knowledge in a particular field.

1.Both a doctorate and a Ph.D. are degrees that are categorized as the highest level of educational attainment. Both are postgraduate studies that involve many years of study and contribution to the body of knowledge in a specific field. 2.Recipients of both degrees are expected to have expertise and immense knowledge in their chosen field. The ability to do research is another important characteristic.
3.A doctorate and a Ph.D.’s (Doctor of Philosophy) main difference is in their scope. A doctorate can apply to any academic or professional degree. This includes various specific industries and professions like law, medicine, business, engineering, and others. On the other hand, a Ph.D. is a more defined degree. It is under the academic degrees and concentrates more on research and teaching.
4.Another difference is the presentation of the dissertation, the final requirement before the conferment of the degree. 5.Doctoral dissertations usually involve research that is aligned with a certain profession or research orientation. The document is usually submitted for review or assessment. On the other hand, a Ph.D. dissertation is completely inclined towards research and is required to be defended to a panel and should be publishable in a peer-reviewed journal.

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Welcome to Kansas College Of Nursing -Lenexa – Kansas College Of Nursing #kcn,kansas #college


Start Career Here at KCN

KCN Classrooms

Hands-On Lab

Testing Center

Kansas College of Nursing

In keeping with our mission of “Training health care professionals for the future”, Kansas College Of Nursing maintains an open admissions policy. Any person is eligible to enroll at Kansas College Of Nursing who has graduated from an accredited high school, successfully passed the GED examination, or met Ability to Benefit testing standards, approved by the U.S. Department of Education. All students will undergo placement testing. As an equal opportunity institution, Kansas College of Nursing accepts applicants without regard to race, religion, color, creed, national origin, sex, age, physical disability, or veteran status.


Certified Medication Aide. Classroom and clinical experiences will provide you with the skills necessary to administer oral and topical medication in a safe and accurate manner in an adult care home in Kansas. Upon successful completion of the course with a passing grade, you are eligible to take the Kansas Nursing Medication Aide test. Prerequisites for Certified Medication Aide (75 clock hours)


Certified Nurse Aide. This course follows the guidelines of the Kansas State Department of Health and Environment, which following up with taking the Kansas State Certified Nurse Aide examination, which we make sure you are prepared for by that date. The Nurse Aide gives simple, basic nursing care to patients Prerequisites for Certified Nurse Aide (96 clock hours)

CMA Update

Certified Medication. This course is designed to provide the continuing education required for the Certified Medication Aide (CMA) to maintain certification. i› Describe any changes that occur in the role and responsibilities of a Certified Medication Aide. › Determine appropriate techniques in caring for supplies and medications. › Describe the proper administration of all types of medications. › More.

CNA Refresher

Certified Nurse Aide Update. This course is designed for Kansas CNA’s who have not met the requirements that they have been employed to perform nursing tasks in the past 24 consecutive months. This course consists of five hours didactic training and five hours laboratory/clinical. The following topics are all covered in the didactic portion of the course: Whats in the Course.

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Texas Theft Laws – Shoplifting Defenses in Texas – Criminal Defense Lawyers #types #of



Texas Theft/Shoplifting Laws: Criminal Charges and Penalties

Theft is a broad criminal charge in Texas that includes a range of offenses from shoplifting and larceny to bouncing checks to buying stolen property. The punishments generally depend on the value of the stolen item and can be as little as a fine or as serious as prison time in extreme cases.

The Texas Penal Code defines theft as taking someone else s property without consent, either by deception or by physically stealing it. You don t have to keep the property for it to be considered theft, but only long enough to deprive the owner of its value. And, if you take something, then return it for a reward, that is also theft under Texas law.

To charge you with theft, the police need to show that you acted with criminal intent. meaning you knew the property belonged to someone else and knew you didn t have their permission to take it, and that you actually have or had possession of the property. They can do by that using physical evidence, such as security camera video in a shoplifting case, or by statements from a witness, an accomplice, or you.

Types of Theft Under Texas Law

The four most common ways to commit misdemeanor theft or felony theft in Texas are these:

1. Shoplifting Taking items out of a store with the deliberate intention of not paying the store for the full value of the item. This includes taking, say, a shirt and leaving with it, or switching the tag on an expensive shirt with the tag on a less expensive one and paying the lower price at checkout.

2. Bad Checks Paying for an item on a closed account or an account that does not enough money to cover the amount of the check. If the check is written on a closed account. that alone is evidence of theft under Texas criminal law. If the check bounces. and you do not reimburse the merchant within 10 days of notification, then that is evidence of theft under the law.

3. General Theft Taking an item that belongs to someone else by any means when you do not have permission. Examples of this include taking a woman s purse from her shopping cart when her back is turned, stealing copper from a construction site, or stealing $20 from the cash register at work.

4. Buying/Accepting Stolen Property Taking possession of an item when you know the person selling or giving it to you is not the rightful owner. If you know a friend shoplifted an item from a store, then passed the item on to you, you have committed theft known as receiving stolen property by taking it, whether you paid for it or it was a gift.

Other common theft charges include embezzlement. and theft of services. which is the stealing of something that isn t a physical item. This charge also may be related to fraud or bad checks.

Penalties for Theft in Texas

The punishment for the criminal charge of theft in Texas is relative to the value of the item stolen. Obviously, the more value the item has the higher the penalty for taking it. And if it is more than one item, all the values are added together for the purposes of punishment.

For example, you may be charged with shoplifting five DVDs. Individually, they may be worth about $20 each. But added together, the total of the theft is $100, and that raises the seriousness of the punishment.

Penalties for Theft

5 to 99 years in a state prison and/or a fine of not more than $10,000

Those punishments can also be enhanced under certain conditions. For example, Class B and C misdemeanor theft charges increase one level if you have a previous theft conviction, and a Class A misdemeanor becomes a state jail felony if you have two previous theft convictions.

Also, the theft of some items such as firearms, or metals such as copper or aluminum are felonies, no matter the actual value of the items.

Shoplifting charges also automatically become more serious if you are caught using tools to defeat theft prevention devices, or if you are charged with organized retail theft. meaning you were working with others to steal items for profit.

However, in all likelihood, if you are charged with simple theft by shoplifting and are convicted or enter a plea, you probably will receive only community service and fines, as long as the value is low and it s a first or second offense. However, you are still stuck with a permanent criminal record which may never go away.

The fact of a permanent, public criminal record is the reason why most people hire a shoplifting defense attorney to fight the charges. Avoiding a criminal record in the internet age can save you tremendous headaches in the future. It could prevent you from getting a job, a scholarship or worse.

Civil Penalties for Shoplifting

The criminal shoplifting record for a conviction might not be the end of it, either.

A conviction for the criminal charge of theft frequently includes restitution to the victim, but Texas also has the Texas Theft Liability Act. This civil law allows the victims of theft to sue for damages and is separate from the criminal case.

The suits are typically used in shoplifting cases. The store will send you a letter demanding that you pay the value of the stolen item, as well as costs related to recovery. The law allows the victim to collect actual damages, plus up to $1,000 against an individual or actual damages, plus up to $5,000 against the parents or guardians if the accused shoplifter is a minor.

You should not try to face either the criminal charge of theft or a civil suit in a shoplifting case without consulting a Texas criminal defense lawyer who knows how to defend shoplifting/theft offenses. We can fight the case against you by challenging the reliability of eyewitness or accomplice testimony, and by questioning the legality of any searches by police or admissions you may have made to them.

Free Consultation

Contact our attorneys for a free legal case evaluation on any criminal charge by calling:

(800) 959-3429

Receive our free legal defense consultation and case evaluation. We’ll explain what you are facing in plain language, and tell you how we can help.

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Rent to Own Homes – Pros and Cons, Tips and More #pros #and #cons


Rent to own homes: When it’s not time to buy

Just a few years ago, you hardly ever heard the term “rent to own” in a market where homeowners had multiple bids from which to choose. But now, it’s a different ballgame. Homeowners may be more willing to work out rent-to-own agreements, even with people who would be turned down for home loans.

A rent-to-own contract requires prospective buyers to pay monthly rent to the homeowner, with a portion of it going toward a home purchase at a later date. This contract usually lasts two to five years at which time both parties start the standard home purchase, said Rich Arzaga, a financial planner in San Ramon, California, who has taught commercial real estate investment at University of California, Santa Cruz.

“If you’ve had your house on the market for a while, this transaction could let you move while having someone in your house generating cash flow for your mortgage,” said Ron Phipps, past president of the Washington D.C.-based National Association of Realtors.

For wishful homebuyers with checkered credit histories, it’s a homebuying option worth considering, said Sam Tamkin, a real estate attorney in Chicago. “You may be unable to qualify for a loan right now, but there are sellers who may be willing to consider renting to you with an option to purchase later.”

Pros and cons for both parties

Besides having time to build up a down payment and good credit record. renters have the advantage of “trying out” the house and neighborhood, said Arzaga. “You can also lock in the sales price and terms upfront, allowing you to purchase the house at a below-market price in a few years,” he says.

Not all the money you pay in rent will go toward the down payment. “Mortgage lenders are the ones who decide how much of your rent payments are credited toward the down payment and closing costs,” said Phipps. Most lenders will only allow a credit for an amount paid above the market rate for local rentals to be held for eventual homebuying costs.

For example, the house could be rented by its owner for a standard rent of $1,750. But when negotiating the rent-to-own contract, you and the homeowner can agree that you will pay $2,000 a month, with $250 as your homebuying credit. At the end of a three-year lease, you’ll have $9,000 set aside. That money is returned to you at the time of settlement and can be used for your earnest-money deposit, down payment or closing costs.

If you decide not to buy the house at the end of the lease, you probably won’t get a refund. That money is usually only returned to you when you buy the property, said Phipps.

For sellers, the advantages are having an eager buyer and a long-term renter who will care for the house more than the standard tenant. However, there’s a risk of the renter opting out of buying your house at lease’s end, making you go through the listing process again, Tamkin said.

“This transaction gives the buyer (the advantage) to lock in the price in advance, but if the home value goes down, he can choose to renegotiate the deal or move on,” said Tamkin.

Buyers could also get the upper hand — and sellers, the disadvantage — if the home’s value rises more than expected. Say the house is currently valued at $200,000 and the buyer and seller agree to a purchase price of $230,000 in three years. If the home ends up worth $250,000 in three years, the seller loses that extra $20,000.

What to put in the contract

There’s no standard rent-to-own contract; each one is negotiable. This arrangement can be complex, and every state has its own regulations. Sellers and buyers should consult with an attorney or real estate agent beforehand to understand the financial implications, said Tamkin.

Renters also should meet with a mortgage lender at the start of the rent-to-own agreement so they know what it will take to qualify for a loan. Before you sign a rent-to-buy deal, pretend you’re buying the house outright, Phipps said. Get an appraisal and a home inspection. Phipps recommended checking with a listings broker to ensure the house isn’t in foreclosure or a short sale.

“Include terms stating that your rent money goes toward real estate taxes, mortgage and insurance to avoid foreclosure,” said Tamkin. “Have an attorney review the title to the home to determine there are no impairments that will prevent you from purchasing the home.”

On the seller’s side, Tamkin recommended contract terms that include a security deposit and rights to evict the tenant should he stop making payments.

Other details to spell out are how the money will be held by the sellers and under what conditions the sale will take place. Tamkin said both parties also should consider maintenance, repairs and home improvement, and who pays for them.

There may be negatives about rent-to-own deals, but there can be upsides for both parties.

“Someone who can cover your home expenses is better than having a vacant home,” said Tamkin. “And it’s a stepping stone for renters who dream of owning their own home.”

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The Pros and Cons of Owning a Swimming Pool Home #pros #and #cons #of


The Pros and Cons of Owning a Swimming Pool Home

Doesn’t everyone love homes that have swimming pools. The relaxation and the fun activities that the kid’s can enjoy in the summer time is the appeal. While others would argue that the upkeep and safety risks should be taken into account by home owner’s before they purchase a swimming pool home. Swimming pools are a luxury for some, and a necessity for others. If you’re considering buying a swimming pool home, or plan to have one built, look at the pros and cons of being a swimming pool owner.

RECREATION: Whether you live in warm or cool climate, swimming pools usually can be enjoyed by home owners at least 3 months out of the calendar year. For those that have indoor pools, the weather has no bearing on their use.

PROS : Swimming pools are a great way to get exercise for adults and children. The added benefit of no impact exercising on the body is a plus over impact filled activities. Kids and adults alike, enjoy playing and relaxing around a pool. Summer time pool parties or a late night swim is always enjoyable when you own your own pool.

CONS : Swimming pools can be dangerous around children and those who don’t know how to swim. If you choose to own a swimming pool you should have the proper safety fencing, and door locks installed on your home. The homeowner can be held responsible for injuries caused in their pool by neighbors, or friends.

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COST: Swimming pools are a costly investment. Buying a home that already has a pool is cheaper than having one installed later on.

PROS : In the current building construction economy, having a swimming installed is much more affordable than years ago. The benefit of the cost is also in resale appeal of your home. A home buyer will likely be more attracted to yours, than one without a pool.

CONS : When selling your home, you may not receive back the amount invested in it. This means that if costs $50,000 to have it installed, you cannot just add $50,000 on to your asking price. Remember, all home upgrades and renovations equate to what the current market demands are in your area. Only a residential appraiser can tell you how much increase your swimming pool is worth at the time of resale.

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MAINTENANCE. The upkeep of a swimming pool requires time, chemicals and pool care knowledge.

PROS : Many swimming pool owners know pool maintenance and keep their pools pristine. If you plan on buying a home without prior pool maintenance experience, do your research first before committing. There are plenty of professional pool companies that provide maintenance as a service. Consider using them if you don’t want the responsibility.

CONS : If you don’t take care of your pool, health and safety issues can arise. Proper chemical use is required to keep water PH levels accurate. Improper use can lead to swimmers getting ill, or algae and other bacteria forming in the pool.

Swimming pools can be a beautiful addition to your home. With proper knowledge and research your home can benefit from a pool. Do your homework on the front end, to find out if owning a swimming pool home is right for your family.

Compelling arguments for both sides. Well written. I personally would have to lean towards the PROs vs. the CONs but I m a pool lover. A lot of it comes down to education.

There are both pros and cons and definitely more cons ( if you look in detail) of owning a pool home. The maintenance factor cannot be overlooked. I used to get my pool cleaned by the staff from Ferarri Pools every month to ensure that kids are safe.

I ve been wanting to install a pool with my husband in our new home, so I m looking up the pros and cons to make sure we re completely prepared and know for sure whether or not it s worth the investment. At this point, it might not be something we re willing to invest in, but it s thanks to articles like this that provided the info we needed

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Public Health #umass, #umass #amherst, #umass #at #amherst, #university #of #massachusetts, #university #of #massachusetts


Public Health Sciences

The Public Health Sciences undergraduate degree program in the University of Massachusetts School of Public Health and Health Sciences is among the most comprehensive programs in New England. Public health faculty members are experts in many pressing public health concerns such as obesity and diabetes prevention, women’s health, global health, aging and healthy living, and environmental health concerns. The Public Health Sciences major prepares students for entry-level public health positions; graduate programs; and medical, physician assistant, and nursing school.

Departments and Programs

In the Spotlight

UMass Amherst has named Public Health Sciences senior Meghan Berry among this year’s 21st Century Leaders. The university honors a group of graduating seniors each year for their exemplary achievement, initiative and leadership.

Sara J. Hickey, a senior majoring in public health, legal studies and French, was honored at the State House during the state Department of Higher Education’s “29 Who Shine” ceremony saluting public campus graduates for their civic and academic achievements.

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Uk online degrees #forty, #five, #45, #degrees, #graphic, #design, #derby, #print, #litho #4, #colour,


So this is our shop, here we create design work that goes all over the world, it still amazes me! But I guess that is the power of the Internet!

In the shop we can also print your short run digitally printed poster’s, flyer’s, leaflet’s, pretty much anything, including up to 60 page booklets at A4 A5.

We can also print posters up to A1 and

photocopy up to A0.

Dean, Jay, Sarah, Andy Alan



We try our very best to make things as easy

as possible for you during the design process, and when it comes to print just tell us what you want and we will sort it all out for you, no fuss!

Don’t just take our word for it.

You make this process super simple and I really appreciate all your work and assistance. You are a vital member of the What’s On! team and I look forward to continuing to work with you.

Cory Cassell
Mission, Vancouver, Canada



We are based in a small market town in Derbyshire called Belper, however as you can see by the testimonial to the left to the left this does not limit us.

We work with businesses all over the world including Canada, America, China, and all over Europe, however most of our customers are here in the UK

We also repair Apple Mac Computers, we offer a buy install service too.
Call 01773 880 365 for more information.

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Positive – Negative Effects of Tourism #positive #effects #of #the #internet


Positive Negative Effects of Tourism

Related Articles

Tourism can bring many economic and social benefits, particularly in rural areas and developing countries, but mass tourism is also associated with negative effects. Tourism can only be sustainable if it is carefully managed so that potential negative effects on the host community and the environment are not permitted to outweigh the financial benefits.

Economic Effects — Positive

Tourism creates jobs, both through direct employment within the tourism industry and indirectly in sectors such as retail and transportation. When these people spend their wages on goods and services, it leads to what is known as the “multiplier effect,” creating more jobs. The tourism industry also provides opportunities for small-scale business enterprises, which is especially important in rural communities, and generates extra tax revenues, such as airport and hotel taxes, which can be used for schools, housing and hospitals.

Economic Effects — Negative

Successful tourism relies on establishing a basic infrastructure, such as roads, visitor centers and hotels. The cost of this usually falls on the government, so it has to come out of tax revenues. Jobs created by tourism are often seasonal and poorly paid, yet tourism can push up local property prices and the cost of goods and services. Money generated by tourism does not always benefit the local community, as some of it leaks out to huge international companies, such as hotel chains. Destinations dependent on tourism can be adversely affected by events such as terrorism, natural disasters and economic recession.

Social Effects — Positive

The improvements to infrastructure and new leisure amenities that result from tourism also benefit the local community. Tourism encourages the preservation of traditional customs, handicrafts and festivals that might otherwise have been allowed to wane, and it creates civic pride. Interchanges between hosts and guests create a better cultural understanding and can also help raise global awareness of issues such as poverty and human rights abuses.

Social Effects — Negative

Visitor behavior can have a detrimental effect on the quality of life of the host community. For example, crowding and congestion, drugs and alcohol problems, prostitution and increased crime levels can occur. Tourism can even infringe on human rights, with locals being displaced from their land to make way for new hotels or barred from beaches. Interaction with tourists can also lead to an erosion of traditional cultures and values.

Environmental Effects — Positive

Tourism — particularly nature and ecotourism — helps promote conservation of wildlife and natural resources such as rain forests, as these are now regarded as tourism assets. It also helps generate funding for maintaining animal preserves and marine parks through entrance charges and guide fees. By creating alternative sources of employment, tourism reduces problems such as over-fishing and deforestation in developing nations.

Environmental Effects — Negative

Tourism poses a threat to a region’s natural and cultural resources, such as water supply, beaches, coral reefs and heritage sites, through overuse. It also causes increased pollution through traffic emissions, littering, increased sewage production and noise.

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What is variable life insurance? #which #of #these #is #an #element #of #whole #life


What is variable life insurance?

100 % of people found this answer helpful

Variable life insurance is a permanent form of insurance that builds up cash value but allows you to invest the extra in sub-accounts that are managed by many professional management firms. The process of buying a variable policy is to allow your agent or registered representative to run an illustration showing the premiums required to purchase x amount of insurance that will buildup x amount of cash based on the sub-account illustrated performance. It sounds complicated, but it really is not. The key is running a policy that will sustain itself to age 95 to 100 with an interest rate of the sub-accounts that is reasonable, usually 7-8%. The sub-account is the insurance industry equivalent to mutual funds so do not get that confused. The market might average 9-10% for the last 100 years, but it is best to run your sub-account assumed performance a little lower than that for a little more security.

A good, experienced registered representative should take into account if a variable policy makes sense for your insurance/investment portfolio as many times these types of polices can be abused. Consumers can pay into it for a certain period of time and then change their minds mid-stream causing them significant out of pocket expense and then a possible surrender charge on the cash that they did build up. If the consumer does not make the long term commitment to the plan, they likely will lose quite a bit not to mention the time lost. If kept, the policy can be a great tool for insurance protection and cash value options down the road. However, this plan takes many years to complete and insurance needs change over time.

Jason R. Tate, ChFC, CLU, CASL

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81 % of people found this answer helpful

Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy. A sub-account acts similar to a mutual fund. except it s only available within a variable life insurance policy. A typical variable life policy will have several sub-accounts to choose from, with some offering upwards of 50 different options.

The cash value account has the potential to grow as the underlying investments in the policy s sub-accounts grow – at the same time, as the underlying investments drop, so may the cash value.

The appeal to variable life insurance lies in the investment element available in the policy and the favorable tax treatment of the policy s cash value growth. Annual growth of the cash value account is not taxable as ordinary income. Furthermore, these values can be accessed in later years and, when done properly through loans using the account as collateral. instead of direct withdrawals, they may be received free of any income taxation.

Similar to mutual funds and other types of investments, a variable life insurance policy must be presented with a prospectus detailing all policy charges, fees and sub-account expenses.

To learn more, be sure to read our related article, Variable Vs. Variable Universal Life Insurance .

This question was answered by Barry Higgins .

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77 % of people found this answer helpful

Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy. A sub-account acts similar to a mutual fund, except it s only available within a variable life insurance policy.

I m not a huge fan of this type of Life Insurance. I ve found people can better serve their protection planning needs with Universal Life policies, with additional benefits for things like Terminal Illness and Chronic Illness riders. With a fully invested portfolio, there is just too much market risk for many people who actually need the underlying life insurance coverage. Bad few years in the market could cause the cash value to drop and put the death benefit in jeopardy when you need it the most.

*The investment return and principal value of variable sub-accounts will fluctuate. Your cash value, and perhaps the death benefit will be determined by the performance of the chosen sub-accounts. Variable universal life insurance policies typically include mortality and expense risk charges, administrative fees, and fund expense charges.

Withdrawals may be taxable and subject to surrender charges. Policy Loans and withdrawal will reduce the policy s cash value and death benefit. Loans are subject to interest charges.

Hope this helps,

Securities and advisory services offered through National Planning Corporation (NPC), Member FINRA, SIPC, a Registered Investment Advisor. Trilogy Capital Trilogy Financial and NPC are separate and unrelated entities. The opinions voiced in this article are for general information only and do not constitute an endorsement by NPC. NPC does not provide tax advice. www.FinancialPlannerLA.com

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67 % of people found this answer helpful

Variable life insurance is the industry s attempt to let you have your cake and eat it too. It was a very popular product when I started my career selling life insurance in 1991. At that time, I was a captive agent with one of the original companies to manufacture it. The pitch was then and still is that the product allows you to get the best deal for a death benefit as well as the best deal for a living benefit. Maybe.

First, a little history.

From its inception, life insurance has typically been the most cost-effective way to pass money on to your heirs. No other product comes close to getting them the exact amount of money they need, exactly when they need it, for pennies on the dollar.

Still, the industry wanted to make the product more attractive, so they installed a cash account. This way people could get value from their purchase without waiting until they die. Whole life became popular and offered strong guarantees. Universal life then became popular and offered weaker guarantees, but more flexibility, and the potential for higher gains.

But, these gains would still be determined by the investment performance of an insurance company, so the industry went a step further. They separated the cash account from the policy and let the insured grow cash through market-based investments. Because life insurance can receive favorable tax treatment, these products offered the chance to make money in the market and not pay taxes.

Under the right circumstances, variable life insurance can do exactly that. These are what I consider to be those circumstances:

First and foremost, you have to qualify for a low premium. If the cost of insuring you is too high, then this overhead will significantly suppress your cash growth. Before you even consider purchasing this product, get prequalified for coverage to confirm competitive rates are available, given your own personal risk profile.

Second of all, you really have to know what you re doing as an investor. This product is treated legally as a security, and rightfully so. Like any investment, you have to manage risk and reward, factor in expenses, stay on top of asset allocation, and do everything else needed to insure optimum performance. If you are not prepared to do this yourself, then make sure you have an advisor who will.

Also as part of the management of the product, make sure you understand how to work within existing tax laws. There s a right way, and a wrong way, to grow cash inside life insurance, and take it out. Mistakes can be very costly. If you are considering paying significant sums into your policy, make sure you get professional tax advice.

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