For some of us planning a trip involves a lot of time, effort and sacrifice. It means cutting back in expenses, saving, and making adjustments just to be able to give ourselves 5 days of pampering at the beach. All this can go down the drain if even the slightest detail goes wrong. This is why the answer to 'do I need travel insurance?' is yes Maybe you have heard, seen or lived some of the following: Canceled flights: you are stranded in the airport losing a vacation that never even started. Missing luggage: you arrive at your hotel with nothing but the clothes on your back your iPod and your passport. That was not your idea of an amazing vacation. Accidents: You decide to rent a car and then get involved in an accident. Not only is your vacation ruined, you also are facing a huge expense. The next thing you do after yelling at everyone that crosses your way is to call home. You explain the story a million times getting madder and madder each time, plus making everyone else worried. You spend the rest of your vacation sitting at the hotel's lobby. When all this happens, nobody pays for anything, but you. In strange lands you are the only responsible and your safety net is far away. What would happen if you lose your wallet on the way to the amusement park with the kids? You will disappoint yourself and them. Yes all this has happened to someone somewhere, but it doesn't have to happen to you. All these horror stories can be avoided in one single step: purchasing travel insurance. This way you will always feel safe by knowing you have a backup plan for any situation that might come your way. Don't lose your sleep over vacation nightmares and concentrate on the fun experience it can be! With a little research you will find a great variety of service providers that can offer a wide range of different options in travel insurance plans. You should at least get the cancellation - interruption plan, in which if you cancel your vacations due to an emergency, you will get a refund so you can enjoy them later down the road. Your credit card company or home insurance company may offer some form of travel protection. Make sure you contact your home insurance or credit card company to see just what is covered, as coverage can be limited. A medical coverage plan is a must if you want to travel to a less modern area or if you intend to go on adventurous expeditions. This type of insurance will ensure that you are safely covered when it comes to medical bills and receiving the proper attention. Some even offer a service that will bring you home for treatment or hospitalization. If you're looking at cruise brochures for the perfect romantic holiday, you must have a very important fine print clause in mind: non refundable. If you plan a vacation and pay for the most luxurious all inclusive plans for your vacation and have to cancel for whatever reason, the ticket will be lost. Travel insurance will cover you and make sure you just didn't throw a bundle of money down the drain.
Everyone hates to go through the process of filing insurance claims, let alone the accident that has gotten them there. Insurance companies urge all consumers to instill a responsible safety level when driving and also in relation to driving conditions. This will prevent Insurance claims as well as insurance claims denied. Whether it be seasonal safety practices or just overall auto safety habits. Lets look a few safety factors that will keep your insurance premium at a consistent low. Winter Safety - Always check weather conditions before heading out the highway. If Blizzard conditions are forecast it may be a day to stay home. - Be sure to keep tires properly pressured and inspect tire condition regularly - Make sure your vehicle is well winterized with all fluid levels full, and brakes maintained for the season begins. - When driving in winter conditions, always leave a safe space between you and the vehicle ahead of you. At least 2 car widths under normal driving condition and 4-6 in snowing and slippery conditions. - Never turn too suddenly and avoid abrupt braking and acceleration during snowing and slippery conditions. - When white-out conditions occur, turn on all lighting for you vehicle, this will help you to be seen by other vehicles. - If unsure of your driving skills during the winter, there are advanced driver training courses which will equip you with the necessary emergency driving skills. - Always remain alert under all conditions so when confronted with an emergency reaction you will have time to brake slowly but efficiency and remain in control of the vehicle. Always be aware of the other driver! Tires to Save lives Keeping your tires in top shape will keep your life in the best shape and Insurance Premium in the lowest shape. - Always have the proper tires for the given season or conditions - Have your tires installed in full sets or at least matching pairs. - Rotate your tires every 10,000 km or whatever is stated in the vehicle drivers manual. - keep the front end steering and suspension properly aligned. - Have your tires balanced each time they are changed over or rotated. - avoid over heating of tires through skidding and unnecessary extreme acceleration. - Always keep tire pressure at proper levels, checking at least once every month. - Check tires periodically for wear and damage, such as lack of tread, exposed steel belt, gouges and splits. - Avoid excessive loading beyond vehicle limits. - Replace tires when required. Following these important safety tips will ensure a safe long driving experience for yourself and your children, and also keep that Insurance Premium consistently low and the Insurance Agency happy. L A Insurance Now wishes to inform its visitors with basic advice for buying insurance, along with an understanding of terms and conditions related to Auto Insurance.
For decades, Midland National Life Insurance Company, has stood out as one the premier insurers for General Agents to represent. Due to recent economic financial fluctuations, revisiting Midland National Life in this report is critical. 1906 was when history began for Midland National Life Insurance Company. This company aspires to the values of integrity, openness, respect, and accountability. Unfortunately, in the last few years robust selling of fixed-indexed annuity plans drove rapid net premium growth beyond initial expectations. Attempting to change from a well-known General Agents Insurance Company to a GA and brokerage combination insurer resulted in early great results, then leading to questionable financial stability. Midland National Life Insurance Company was purchased 1n 1958 by C.A. Sammons & Associates of Dallas. Charles Sammons already was the president of Reserve Life and owned eight life insurance companies. Today the two key subsidiaries of the Sammons Financial Group of Chicago are Midland National and NACOLAH, North American Company for Life and Health Insurance. Actually, they are similar companies looking at the annuity brokerage, General Agents, and PPGA's, personal producing general agents. A General Agent often has insurance agents under his contract, while a PPGA tends to work independently. Over them is a District Sales Manager and/or a Regional Sales Manager reporting direct to the company. General Agents are drawn to the insurer because of three main factors. First there was a non pressure General Agent contract that also allowed doing business with other providers. Next is the very strong line of marketable Universal Life and Term insurance policies, along with a diverse portfolio. Third, the commissions paid to GA's and PPGA's were very competitive and favorable. In addition, it was easy to receive a home office response to any question or difficulty that occurred. Midland National Life operates in 49 states, DC, military bases, etc. The life operations are all handled out of Sioux Falls, SD with annuity activities headquartered in W Des Moines, IA. Very unique is that the company ownership is privately held with employee shareholders. The high amount of liquidity holdings might be key assets during these crucial times. Using distinct channels of distribution Midland and North American Company for Life and Health Insurance decided to belong strongly involved in singing up brokers to sell its fixed indexed annuity products. Something now both insurers would like to report that they never were successful at selling. Having considerable risk concentrated in large fixed income investments of a security nature was clearly being in the wrong market at the wrong time. Thanks to strong product diversification and significant liquidity before the financial bomb struck, Midland National Life Insurance Company should pull itself through. The lowering of its ratings does not help induce confidence in the insurer. The shame is that this great General Agent insurance company is taking a huge hit because of an unwise brokerage decision. My prediction is that there is a future ahead for them, at first dim and gradually returning to very bright. Next time they are revisited the situation will definitely be changed.
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