Nigeria: Insurance sector forecast to grow at 7.5% annual rate during 2014-2018
Fast Market Research Inc. has said in a study that the insurance sector in Nigeria is expected to grow at an average annual rate of 7.5% during the 2014 to 2018 period, reports Ventures Africa. Various factors would drive this growth, including new …
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Small Business Snapshot: Etowah Insurance Group Inc.
Why did you start this particular business? Our society has not only created a huge need for insurance, but also has created an opportunity for agents who span across both personal and commercial line insurance. I started the agency so that I could not …
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Top Business Insurance Losses Revealed in New Allianz Report
Nearly 70 percent of business financial losses arise from 10 causes of loss, with the largest single identified cause being ship groundings, reflecting the high values of modern shipping risks, followed by fires and aviation crashes, according to a new …
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Boise, Idaho (PRWEB) September 04, 2014

LifeSource Direct, a national online insurance brokerage, announces its support of Life Insurance Awareness Month for the month of September 2014. Life Insurance Awareness Month helps educate Americans on the many benefits of having life insurance. The LifeSource Direct website has continued to add educational and resources tools to help Americans of all wealth categories build simple financial plans for their families’ futures. In an economic period of high student debt, credit card debt, marginal home loans to equity ratios, and increasing health expenses and an aging population, the need for Americans to protect themselves and their family from financial disaster in the event of a lost loved one has never been more urgent.

In an effort to educated Americans, LifeSource Direct wants to hear personal life stories about how life insurance has benefited a family or business. Stories can be posted by going to the LifeSource Direct blog page and selecting “September is Life Insurance Awareness Month.” These stories will help educate readers on the benefits that insurance can provide.

LifeSource Direct, through Life Insurance Awareness Month, is asking people from all walks of life to take the time to assess what the impact would be on their families and businesses if something should happen to them. Would there be enough money to cover the monthly bills, the mortgage, the business operating expenses? These are extremely important questions that all families and businesses should ask.

A spokesperson for LifeSource Direct stated that, “Insurance is still an affordable means to add real value to a familys future.” They further state that “We dont like to think of the death of a loved one, but we all know this tragedy. No medical exam life insurance is now easier to purchase online and more affordable, especially when insuring a student or as an estate planning tool for final expense.”

No medical exam insurance fits a growing segment of the insurance market for individuals whose work schedules do not allow for a medical exam, or who are adverse to needles or providing blood samples. In addition, it is a quick and easy way to provide insurance for Key Man insurance for small business company executives.

About LifeSource Direct

LifeSource Direct ( http://lifesourcedirect.com ) was formed to create a dynamic, state of the art, direct sales life insurance company backed by an experienced and professional staff. Incorporating the latest cutting edge technology with one of the best consumer support staffs in the industry assures a simple and easy process for purchasing life insurance. LifeSource Direct works with top rated insurance carriers including Prudential, SBLI, Banner Life, MetLife, Lincoln, Nacolah, Transamerica, ING, Genworth Financial, and many more. LifeSource Direct works with thousands of people every year to help them find the right term life insurance at the right price. In addition LifeSource Direct offers many ancillary products such as complimentary RX discount cards.







 


HUNTSVILLE, Ala. (PRWEB) September 03, 2014

Decosimo, a Top 100 accounting and business advisory firm, will join Huntsvilles F&B Law Firm P.C. and the RTA Financial Group in hosting an employment management seminar on September 25th entitled, Worker Misclassification: Perils in Contingent Employees, Independent Contractors and Labor. Taking place at the Mark Smith Conference Center in Huntsville, the free seminar will feature Decosimo Principal and Tax Director John Henegar, F&B Law Firm Shareholder Jeffrey L. Roth and RTA Financial Group Founder Richard Thompson as its lead presenters.

A broad range of employment management topics will be highlighted during the course of the events presentations, including the use of contingent workers and outsourcing, as well as an examination of how an employee is defined under common law tests and Internal Revenue Service guidelines. The presenters will also explore specific laws covering the relationship between contingent workers and employers, and they will discuss best practices and risk avoidance in the areas of written agreements and insurance issues related to independent contractors and contingent employees.

The Mark Smith Conference Center is located within the ADTRAN corporate campus at 901 Explorer Boulevard in Huntsville. Networking and sign in for the free seminar will begin at 11:30 local time, with the program beginning at noon and concluding at 1:00 p.m. Pre-registration is required. To register for the seminar or to obtain more information, please go to http://www.decosimo.com/employmentseminar.

As the economic recovery moves forward and companies are filling workforce needs, there is a growing trend among organizations to utilize contingent employees and independent contractors, said Mr. Henegar. While taking this approach to answering workforce needs can be a highly effective strategy, companies need to be aware of a host of considerations. We have designed our seminar to address the numerous issues companies can encounter when engaging contingent employees and independent contractors.

As Decosimos Tax Director, Mr. Henegar focuses on federal and state taxation for businesses and individuals. Prior to joining Decosimo, he served 12 years as an Internal Revenue Service field agent and 12 years as a corporate controller of a construction firm. Mr. Henegar works with a wide variety of businesses and industries, including clients in construction, real estate development, rental and leasing, hospitality services, wholesale, retail and technology.

Mr. Roth practices in the areas of employment law, commercial and contract law, general corporate law, business transactional and regulatory law and governmental contracting. For 20 years prior to joining F&B Law, Mr. Roth held senior in-house corporate counsel positions with numerous international electronic manufacturing firms. As an in-house corporate counsel, Mr. Roth served as a global corporate resource for management in the areas of human resources, intellectual property, supply chain management, mergers and acquisitions, contract negotiation and dispute resolution.

Mr. Thompson is the founder and owner of the RTA Financial Group, which serves small and family-owned businesses as a benefits advisory agency licensed in Alabama and Tennessee. Mr. Thompsons scope of professional services through RTA includes retirement income planning, Social Security optimization, wealth creation, estate transfer, buy/sell succession planning, exit strategies, deferred compensation funding, key employee protection funding and retirement funding.

The September event will serve as the first in a quarterly series of educational seminars for the Huntsville area business community.

About Decosimo

Decosimo is perennially ranked as a Top 100 accounting and business advisory services firm. Decosimo is a regional firm with offices in nine geographic locations in the United States and the Cayman Islands, with approximately 300 professionals and staff. Each of Decosimo’s offices provides a full range of accounting and advisory services to a wide array of industries. Additionally, Decosimo is an independent firm associated with Moore Stephens International Limited. With over 300 firms with a total of 667 offices across 105 countries, Moore Stephens and Decosimo provide clients with access to significant resources and expertise comparable to Big Four firms.







 


Atascadero, CA (PRWEB) August 30, 2014

Today, most parents with children name their children as beneficiaries of their life insurance policies, says Karen Chillina, an Atascadero attorney with the Chilina Law Firm. That might not be a good idea, Chilina warns in an advisory released today.

Sometimes the parents will name these children either as primary beneficiary or as an alternate, also called contingent, beneficiary. More often than not, parents do this because they believe that in the event of their deaths, their children will immediately receive the proceeds of the life insurance policies. However, this outcome is typically not the case when those children are minors, children under the age of 18 in the State of California, even though they are likely to be in the most need of financial support.

“Many people dont know that it is customary for insurance companies to not pay the proceeds of a life insurance policy directly to minors,” says Chilina. “If no other arrangements are made and the life insurance policy simply names the children as beneficiaries, more often than not, the insurance company will ask a court to appoint a guardian to handle the proceeds of the insurance policy until the children reach majority age.” Such a court appointed guardianship has its downfalls in that it is time consuming and expensive. It is time consuming because usually court documents and hearings are required. It is expensive in that the parents estate proceeds will likely bear the cost of attorneys fees, etc. associated with such a court appointed guardianship. Such costs deplete estate funds that should have gone to the children. But most importantly, the court appointed guardian for handling the money may be a person the parents would not have chosen themselves and also may not be the same person who is acting as the guardian of their children.

Here are two of several safer alternatives to consider instead of naming a minor child as a beneficiary of a life insurance policy which address the problem of a court appointed guardianship. The first alternative is to name an adult custodian as the recipient of the proceeds under the California Uniform Transfer to Minors Act (CUTMA). CUTMA is an account that is set up for holding and managing the minor childs funds. CUTMA has its benefits in that it is relatively easy to set up and manage and is typically best for small estates. However, the beneficiary designation wording must be precise on the insurance policy. Also, the custodian will be able to spend the funds for the minor childs benefit with almost no limitations or restrictions. Additionally, CUTMA requires that there can be only one beneficiary per CUTMA account, meaning that the life insurance policy must name a separate CUTMA account for each minor child.

A second and more comprehensive alternative is to create a trust with the child or children listed as the beneficiaries of the trust. By doing this and in the incapacity or death of the parents, the childrens immediate needs can be met without delay. In addition, in the trust the parents can designate the ages at which their children receive disbursements from the trust, e.g. age 18, age 25, and final disbursement at age 30. Trusts can also be set up to meet specific needs of the children, e.g., disbursements are allowed for reasonable education expenses and tuition, medical care, etc. Trusts can be set up so that they become irrevocable which protects the trust funds and assets from the child or childrens current or future creditors. Trusts can be drafted to fit almost every need or desire, within reason, of any parent, especially when it comes to care and maintenance and support of children.

In our increasingly complex society, people often unintentionally overlook the necessity for careful thought about who is listed as a life insurance policy beneficiary. Ultimately, careful decision making about who is listed as a beneficiary on a life insurance policy will provide clarity during difficult times for loved ones, especially children. Because such decisions can be difficult and each persons life circumstance is different, it is recommended that people discuss this issue and various estate planning issues with an estate planning attorney and begin planning for the unpredictable future.

About the Chilina Law Firm

Chilina Law Firm, a Professional Corporation, is a full-service business law, real property, and estate planning law firm that provides a wide-range of advising, transactional, and litigation services to its clients from its office located in Atascadero, California. The firms attorneys represent individuals and business entities in an assortment of transactional and litigation matters involving general business, commercial, construction, corporate governance, land use, real property, agriculture, and debtor and secured creditor.

Chilina Law Firm

Attorneys in Atascadero

7840 Morro Road, Suite 210D

Atascadero, CA 93422

Phone: (805) 538-5038







 


Saratoga Springs, NY (PRWEB) September 03, 2014

Learning professionals from around the world will participate in over 170 learning sessions at Elliott Masies Learning 2014 event, to be held in Orlando, Florida from October 26 to 29.

Sessions will be facilitated by learning leaders from over 80 global corporations including: American Express, McKinsey & Company, Microsoft, Farmers Insurance, Time Warner Cable, The Wendys Company, Google, Autodesk, LinkedIn, Starbucks, Xerox, Yahoo!, Keurig Green Mountain, The Boeing Company and many more.

Each session will include interactive conversation about key issues in the field of workplace and workforce learning. Here is a small sample of our working titles:

 


Midland, TX (PRWEB) August 30, 2014

Information supplied by insurance companies has been helping the Quotes Pros company to introduce better prices to consumers in 2014. A group of ratess for term life insurance plans can be found when using the open system for adults at http://quotespros.com/life-insurance.html.

The national lookup system available to use this year can help the average person to quote a price for insurance based on general location and not from medical histories. The finder tool works under a zip code search process to support privacy during Internet research for affordable coverage plans.

“The national companies that appear inside the formatted tool this year are known agencies that are licensed to distribute plans across the country,” said a Quotes Pros source.

The insurer system has been built with consumers in mind and allows complete privacy during an average search. Because no information will be entered by adults before pricing is displayed, the system remains a private source for learning about term or guaranteed life insurance plan pricing.

“The price drops and one-time discounts that companies provide through our system are meant to introduce variety to adults who have an interest in quoting agency pricing on the Internet,” said the source.

The Quotes Pros company has maintained its support for locating insurer price data through its database since 2013. One new advantage for adults who enter the public portal for research is the direct sorting of agencies for life, health, automotive and motorcycle insurance at http://quotespros.com/health-insurance.html.

About QuotesPros.com

The QuotesPros.com company supplies men and women in the U.S. with a viable way to explore vehicle insurance and other formats for coverage using its open tools on its website. The company promotes different insurers inside of its database to broaden the reach of consumers. The QuotesPros.com company is now a source for learning the annual costs of life, motorcycle, health and business insurance plans that are offered nationally.







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(PRWEB) August 28, 2014

Joan Brown Cox, an accomplished literary artist, has completed her new book Toby’s Tall Pumpkin: a fun filled trek into childhood memories and beyond.

Describing her creative work Cox says: It is a story about a typical young boy who plants pumpkin seeds and then runs off to play. His pumpkins grow so tall that he decides to have his friends help him make the tallest pumpkin into a skate board and ride it to the State Fair to win a prize.

Published by New York City-based Page Publishing, Joan Brown Coxs exciting new story is a childhood classic that warms the heart and entertains on every page.

Readers who wish to experience this colorful work can purchase Toby’s Tall Pumpkin at bookstores everywhere, or online at the Apple iTunes store, Amazon, Google Play or Barnes and Noble.

For additional information or media inquiries, contact Page Publishing at 866-315-2708.

About Page Publishing

Page Publishing is a traditional New York based full-service publishing house that handles all of the intricacies involved in publishing its authors books, including distribution in the worlds largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create – not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes and the like. Its roster of authors can leave behind these tedious, complex and time consuming issues, and focus on their passion: writing and creating. Learn more at http://www.pagepublishing.com.







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Malaysia: Takaful companies advised to consider merging
Takaful firms in Malaysia have been advised to consider merging soon due to potential limited growth prospects and strong competition, particularly with the approaching de-tariffication of fire and motor insurance in 2016. The takaful sector is …
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Insurance units a lift to First Niagara, M&T
The top two banks in Western New York earned a combined $ 112 million last year in insurance brokerage fee income, according to Insurance Journal East magazine. First Niagara Bank's earnings of $ 72.6 million put the Buffalo-headquartered bank in the No …
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Ix-Im Bank: Small business lifeline or corporate welfare?
He turned to the Export-Import Bank , a little known but recently controversial government agency that supports U.S. exports through loans to foreign buyers, loan guarantees and insurance against deals gone bad. Since 2009, Ex-Im has supported an …
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Canton agency customizes insurance
Observer: Do you have a funny tidbit or story to share with our readers about your experience so far as a small business owner? Nationwide: Insurance protects our most valuable assets, our homes and cars, which are two of the largest assets we will own.
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Iowa family gets USDA grant for milk, ice cream processing
In that time, the USDA has provided resources for 16,000 rural ownership opportunities and more than 10,000 conservation contracts, 1,800 renewable energy projects, 20 small business grants and loans, 90 water projects, 25 electric transmission …
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Minneapolis, MN (PRWEB) August 11, 2014

Live Very Well is excited to announce the launch of its new private insurance exchange LiveVeryWell.com. This multi-carrier platform will offer users the ability to quote, compare and purchase individual dental insurance, along with the unique ability to read user reviews to find the right dental plan to meet their needs.

Available in all 50, Live Very Well is an ideal solution for retirees, employers currently not offering employee benefits and independent, contract or part-time employees. With the growth in small business start-ups, self-employed individuals and senior markets, in addition to an increasing shift to defined contribution health plans, the demand for simplified dental coverage has never been greater.

Live Very Well will offer a mix of plan designs from various insurance carriersdesigned to tailor to a variety of budget and benefit needs. Through the use of innovative comparison and shopping tools, educational resources and user reviews, Live Very Well empowers individuals and families to make the right dental insurance purchasing decisions.

As consumers are being required to take on the responsibility of securing their own health insurance benefits, Live Very Well is equipped to help consumers navigate the complex market, said Mark Zesbaugh, CEO of Live Very Well. Live Very Wells streamlined shopping experience, paired with the ability to use customers experience and reviews as guidance, creates a more personalized customer experience that nicely meets the needs of consumers who are taking on a newly expanded role in healthcare.

Starting out, Live Very Well will specialize in individual dental insurance, with a goal of expanding to other ancillary benefits and adding more carriers to the platform in the coming months.

About Live Very Well:

LiveVeryWell.com is a private insurance exchange that offers a selection of dental insurance plans from leading insurance companies. With products available for sale in all 50 states, plans are available to quote, compare and purchase online. Thanks to the innovative website, online tools, education resources and knowledgeable licensed insurance agents, individuals and families will discover that purchasing insurance can be simple and affordable.

For more information, visit LiveVeryWell.com.







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