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How Life Insurance Damage Your Finance To Make You Poor

 

No matter what you have heard and known, life insurance is obviously not good to be insured, the reason is this: you are staking for what you will not benefit in the future.

When this thus, then what is the need to stake on what cannot add value to you? Obviously, how life insurance damage your finance to make you poor, it is the way you project your stake in the place of insurance is the reason, you will become poor.

It’s important to remember that, just like any other type of insurance, policies will have a term. That means you won’t be eligible to claim after the term ends, regardless of how long you’ve been paying into it.

How life insurance damage your finance to make you poor is the involvement you stake your time and everything you have that decreases you to nothing.

Considering this factor when entering into any insurance agreement is to that know that your money will bear nothing but death at the end.

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The exception here will give you better understanding of what you would need to know.

This brings the error or sign to make you poor when you are staked in it.

The exception to this is whole of life insurance, for which there is no policy term and you’ll receive a pay-out whenever you die, be that in five years of fifty. Other policy types are:

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Level term insurance – where the pay-out will always be the same, irrespective of when it’s claimed within a set a policy term.

It is a cheating for you to be contributing and you are told the benefit will not exceed a certain amount of money to be collected as return.

Absolutely, you don’t need this because it is not healthy. How life insurance damage your finance to make you poor is getting yourself in this, it brings your financial structure down for the time being.

You will definitely make thing better when you don’t stake in what you can make in other place of business to be invested on.

This will help you to invest in other places of business than this insurance way.

 

Decreasing term insurance – conversely, a policy in which the pay-out gradually decreases over the policy term. When you are insured, and the time given has elapsed, your money keeps decreasing because of the policy structure you involve in.

This term and condition brings you to know that life insurance is nothing but decreasing your money in the long term.

How life insurance damage your finance to make you poor is opting you from this policy; giving you the appropriate setting to take you out.

 

Family income benefit for insurer – a policy in which monthly payments – rather than a lump sum – are made to beneficiaries. These are paid from when the claim is made until the end of the policy term and as such are cheaper.

Most time, they tell you they have not made profit to pay insurer that are due. How life insurance damage your finance to make you poor is as a result of investing in the place where they decide for you in everything you do there.

They tell you when they are ready to pay you and when it is not possible they switch you to other side of begging them to give you the capital.

 

Joint life insurance – policies for couples. They tend to be cheaper, but they only pay out once, which is after the first death.

After that, there is no cover for the surviving person. How life insurance damage your finance to make you poor: you wait until someone is dead before you can be paid, why would you wait to be dead before you can become rich?

Following all this policy will not switch you to enjoy your life well than you anticipate. Thus, this policy will take away from you all the money and time you have to do other thing that will benefit you.

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How Insurance Company Can Protect your Intellectual Property

 

Insuring your intellectual property in a lawsuit in case of any infringement is the best thing you can ever do to achieve your full potential and achieving everything you ever produce or innovate.

Intellectual property describes different article such as patents, trademarks, copy right and trade secret etc.

These are articles that individual or company produces in the course of time, especially books, music, portray etc., needs to be protected as individual’s property or company.

Intellectualproperties are protected as other articles against the invasion of piracy or other infringement against the property of individual’s.

Also read: How To Finance Business Melt Down

How insurance company can protect your intellectual property is the understanding that you have the right of the place ownership in the intellectual property you create against any infringement, this is what it takes to take charge of your property and to be guided.

When you don’t understand how to safe guard your property, some people might sell your labour without you knowing you are supposed to gain from it more than anyone else.

When you don’t protect your intellectual property, you give pathway for the pirates to cheat on you of your labour as such you lose every of your labour to the outside world.

Assuch when your intellectual property is infringed, you have the right to go for ligation against anyone that does it be it government, company or an individual for going against the rule and regulation of the land by lifting their hand to steal from your creativity.

Thisindividuals then can be sued for attempting or deliberately taking what is not theirs for their gain which is a chargeable offence.

 

#1 Defense coverage

For every individual or company that has a defense coverage, it is okay for the future.

This makes you to move against any individual that has pirated or infringed your intellectual property that you or a company has produced for sell and protect by law of the land in case of any infringe, the pirate will pay for it.

How insurance can protect your intellectual property is protecting and guiding you against anyone that intends to destroy your labour through using the product without permission.

This is why you need to be guarded by law for creating the space for your creativity not to be stolen.

Onceyou copyrighted your intellectual property through a lawyer, it helps you to be protected in what you create or innovate. Should in case of any eventuality, you would know how to handle the property by the insurance existing laws of infringement.

 

#2 Enforcement coverage

How insurance company can protect your intellectual property is after the individual or company has registered the business in the law court against infringement.

This is when the individual or company can sue for damages. Thus it helps the individual or company to succeed against pirate from time to time.

The law suit will go after anyone that has infringed the right of the individual or company right.

The law of insurance is against any individual that infringes the patent, brand, trade mark or copy right of the creator.

In other to claim any infringement made in the law court for the individual who has the whole right of the product as stated in the intellectual property act of the country to receive the worth cause gain in money by from the pirate.

 

#3 Patent insurance

Patent insurance covers everything about your right in term of intellectual property which no one has right to extract, transmit, copy or pirate for any reason beyond any reasonable doubt when proven in the law court the pirate lift it up for personal gain.

How insurance company can protect your intellectual property from the hand of pirate is the approach you have made that claims where they are accused of infringement and lawsuit where others infringe upon the existing intellectual property rights.

This property policy provides legal fees and offers enforcement coverage in all the right of the owner of the intellectual property.

When you discover that the intellectual property has been infringed, you have the right to take up a lawsuit against the individual that has infringed the right of the intellectual property in accordance with the existing law of the land and claims damages by the individual who owns the property.

It is understood in this context that you are the right and the person of your intellectual property thus, you can sue anyone that infringes your person in the court of established jurisdiction.

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How Insurance In Health Is Dangerous

 

Everything that is insured is sometime not always good, especially insuring our life, it doesn’t make sense that we insure our life.

How insurance in health is dangerous is as a result of this: we need to know how to use our money. Dead is inevitable for all men.

For this course, it is important that we take the money for insurance involves it in other business that will profit our day to day life.

Some time we don’t know that one day we will die and we are insuring for what will not benefit from. For what reason are we insuring our life?

Take the money and invest it in different places of business, this is where you can make and profit in the money rather than putting it in insurance company for them to under utilize your money.

How insurance in health is dangerous, is the fact that we die before the money can be utilized and used. This takes your money out from you when you are still alive rather than putting it in another place where you can make use of it.

Originally, it is always fair to know the company is making profit with your money.

There are false elements that are below, this will give you the insight to know your money is not in a save hand rather they trade with your money and give you small.

This is how insurance in health is dangerous because they don’t tell you the truth.

 

#1 Credit life in insurance

The insurance company put it this way: the credit life policy covers the payment of your remaining credit facility if you are unable to continue making payment.

How insurance in health is dangerous is as a result of the promised they have made when you die. Are you going to die before you enjoy your money?

No business in the world will continue to pay you when you are unable to pay your monthly subscription to meet the need of the insured article.

If you have got the money from the onset and make use of it in other business, it will profit you more than the insurance plan of payment arrangement in years to come that they promise to fulfil in agreement.

 

#2 Annuity in the insurance

As you can see, the insurance company will always say this: annuity is a type of policy issued by an insurance company designed to accept and grow funds, and upon maturity, create a stream of income or payment.

How insurance in health is dangerous is because insuring your life has nothing to do with making money for you, if this is the case, you are into business. This idea is too important to be neglected in view of the existing term and condition you have undertaken in the company.

Insuring your health is a grave mistake some people make to function. Annuity is a system of making money in different streams of income that they pay their self always before the small stipend comes to you as regard as compensation.

It is important to know is dangerous to our health, what this means is this: dead is inevitable, it comes to everybody, so there is no need to insure your life.

 

 

#3 Term of insurance

When you don’t look out for you and your family you allow insurance company to do so, you will destroy your family.

How insurance in health is dangerous is the term and condition apply that is dangerous to you and your family in a long run in life, stating the way to go by using your money for their business is the ultimate while is not.

Some people put their money in insurance hoping to die thinking their family will leave a better life after dead.

It is truth that your money is sold out for the company to misappropriate, you need to know this so as to use the money for other business that brings in profit for you.

 

                                                             Demerits of insurance

# Guarantee death at low premium: remember that they are not paying you for what you had not made payment for during your life time. How insurance in health is dangerous is because of all this reason brought forward.

 

# Specified period: the insured does not have to wait till they are 59 and above to withdraw. How insurance in health is dangerous is because of this reason, they are streamlining you of what you should do before death, this means, it is no longer insurance rather is another way of using your money to help and build their business.