• 05Mar
    Categories: Uncategorized Comments Off on Use Caution With Do Not Resuscitate (DNR) in Living Wills

    All people including lawyers need to use caution with Living Wills and the Do Not Resuscitate (DNR) clause. Our relative who was an Emergency Medical Technician (EMT) for 17 years said he would not sign a DNR because he thought if he did that it would allow physicians to cause his death. We respected his decision but could not believe that physicians who mainly preserve life would be anxious to end life. However, it turns out he was correct, a Do Not Resuscitate (DNR) document does give a nursing home or a physician a green light to determine when or if a person can get medical care to preserve life.

    When you are signing paper work to place your loved one in a nursing home they will tell you how humane a Do Not Resuscitate (DNR) clause is, not requiring Cardiopulmonary Resuscitation (CPR) and/or a defibrillator which can break your loves one’s ribs. However, they do not inform you how bad it is for your loved one if they lose their mental or physical faculties unable to communicate their wishes for medical care and uncaring people determine the DNR means that they do not want medical care to extend their lives. Although my wife had a power of attorney requesting medical care for her Father, the Nursing Home staff just ignored us and our attempt to preserve the life of our family member.

    It turns out they had our relative sign a DNR while in a mental fog of an infection. The physician made a misdiagnosis claiming this patient’s daughter (my wife) was mentally ill for trying to honor her Father’s last wishes. She could not adequately communicate with her Father so she had reservations about sanctioning an amputation of his leg without his consent which I thought was prudent. This physician had never even met or talked to my wife and had no psychiatric credentials we are aware of. But when a physician makes a notation in a medical file it has powerful weight with a Court even if the information is false. So the nursing home staff took the physicians view declaring my wife crazy for trying to preserve the life of her Father thus over ruling her rights as a power of attorney and were going to legally expunge the life of her Father who wanted to live.

    Thus, a DNR in some circumstances can be more powerful than a power of attorney. I do not believe we are the only victims of this abuse of a DNR clause that some misguided people use to prematurely extinguish the value of human life. The common practice with the fervent sales pitch to get family members to sign a DNR out of humanity may be valid to a certain extent, but it can also be abused by people who believe they have the right to determine when a person dies.

    Including a clause or adding a hand written notation that the DNR does not give any party the right to deny medical care to your loved one is advisable. A DNR has the ability to convert a physician or nursing home staff into a psychopath and you should have reservations about signing such a document.

  • 02Feb
    Categories: Uncategorized Comments Off on Retirement – Facing Retiring Without Savings

    Yikes! Water! Water! My hair’s on fire! Oh, it’s not my hair! It’s my bank account! I have completely smoked it! I inadvertently incinerated it during these last 30+ years of career building. If it’s any consolation, you have loads of company in your current miserable dilemma.

    Alana Semuels, in a February 22, 2018 The Atlantic article, This is What Life Without Retirement Savings Looks Like, says that “… the median savings in a 401(k) plan for people between the ages of 55 and 64 is currently just $15,000, according to the National Institute on Retirement Security, a nonprofit. Other workers did not have access to a retirement plan through their employer. They’re going from being near poor to poor.”

    It’s a sobering reality to learn that, according to a January 13, 2017 report of The Social Security Administration, 21% of married couples and 43% of single seniors rely on Social Security for 90% or more of their income. According to a 2015 Gallup poll, 36% of near-retirees say they expect Social Security to be a major source of income once they retire.

    How and why are too many Boomers finding themselves in this critical crossroads of many years ahead with little or no financial resources? Did you fail to establish a sound financial retirement plan early on in life? Were you too busy establishing your career and reaching your job goals? Did the euphoria of consumerism consume you and blind you to the wisdom of deferring an immediate impulsive “want” in favor of long-term “needs?” Did some unanticipated and unavoidable financial crisis arise, draining your financial resources? Did raising a family, college costs, parental sickness, a divorce, or some natural disaster sabotage your long-term financial plans?

    But here you are. That was then; this is now. Your current reality presents a sober wakeup call as to what to do now. Take heart. Breathe. And let’s look at options.

    First, turn to an expert to assess your current real assets. There are many free services offered to senior citizens designed to help seniors gain control of their financial affairs. For example, American Association of Retired Persons, under the heading, Finance, has an entire cadre of resources, both human and on-line. Such topics as “Get Help Choosing a Financial Advisor,” “Free Tax Preparation,” and “Money Management Resources,” – are designed to help you determine the reality of your current financial status.

    Another invaluable resource for Boomers and seniors is the Federal government. A Google search, “Government Services for Seniors” yields a gold mine of sites where seniors can retrieve concrete advice, as well as material goods and services. To a great extent, Boomers are unaware of the existence of these resources or are reluctant to take advantage of them. Ironically, it is we, the people, who have, through taxation, generously contributed to the development and availability of what the government can now provide. Now is the time to dip into this abundant trough of resources that you, in fact, helped build!

    Now that you realize, Dorothy, that “you’re not in Kansas anymore,” you will need to decide which path of the yellow brick road to follow to best meet your current financial needs.

    How and where can you conserve by making small changes in your current lifestyle?
    How and where can you put your current limited assets to work more effectively?
    How and where can you augment your current income by work, either full or part time, either for yourself or someone else, either doing what you did before, or in some totally new venture.

    Through smart saving, adjusted lifestyle, and creative work strategies, you can and will survive, possibly thrive, in retirement, despite limited retirement income and savings.

  • 02Jan
    Categories: Uncategorized Comments Off on Cancelled Trip: Can Travel Insurance Help?

    Imagine yourself flying to South Korea to finally watch a K-pop girl group for the first time, in person. The concert ticket was bought and you’re ready to catch the fever and enjoy this unique and exquisite musical experience. Unfortunately, upon arriving to Seoul, you were informed that for a certain reason, the concert won’t push through.

    What if you are attending a Digital Start-up Conference in Berlin, but before you board the plane, you were informed that for a number of reasons, the organizers were prevented to set up and it cannot push through.

    In cases of events cancellation, travel insurance can definitely help as it offers coverage for cancelled events.

    For a claim to be valid, the following conditions should be met:

    The event cancellation should be beyond the control of the insured.
    The event cannot take place before your flight back to your home country.
    The organizer should provide a written confirmation that the event was cancelled.

    There are two (2) circumstances that can occur when availing this insurance coverage. These are:

    Event was cancelled before departure – If you were informed before travelling to the venue, the maximum sum insured per person shall amount to £400 for Unused Event Tickets and specific limits as indicated in the insurance policy that covers unutilized travel arrangements such as flights, accommodations, and excursions, as well as other additional travel expenses associated with the trip.
    Event was cancelled after arrival at the country/city of destination – For this case, up to 50% of the travel costs and seven (7) days of accommodation will be covered by the insurance policy.

    Since this is an additional cover, do check if your standard or comprehensive policy has this feature. If it doesn’t, you can always contact the insurer to include this feature.

    It’s noteworthy that your claim cannot be considered if the event is re-scheduled before your flight back home. Also, the insurance should only indemnify those that are not reimbursed by the organizers. The claim also doesn’t include costs of food and drink, as these are regular, recurring, everyday expenses.

    To experience an event cancellation, specially one you have financially and emotionally (significantly) invested in it can be heart-breaking. That’s why it’s worthwhile to ensure that we are able to recover our pre-payments upon the occurrence of this cancellation and one can do that through the purchase of the right travel insurance policy with event cancellation cover.

  • 31Oct
    Categories: Agents Marketers, Insurance Comments Off on Insurance Industry Mailing List – 3 Ways to Bring Innovation in Marketing

    A protection industry mailing list is an essential in the event that one needs to complete viable limited time exercises in the protection area. The protection offices and agents associated with the outfitting of protection strategies make utilization of different specialty administrations and items to complete their business tasks. Numerous protection foundations depend on portability as a piece of their business conspire. Not simply that, the utilization of enormous information and systematic apparatuses has likewise been on a consistent ascent.

    As should be obvious, the protection business is a productive market space that offers various business open doors for goal-oriented advertisers. Notwithstanding, with always showing signs of change times, advertisers should likewise refresh their showcasing methods. Here are a couple of tenderfoot and profitable techniques that one can actualize to collect a higher rate of change and along these lines, higher deals.

    Co-promoting

    While promoting in the protection area it will satisfy to hold hands with another brand and lead publicizing efforts that take both the organizations toward positive advancement. Advertisers will blend their promoting sources and techniques to draw in prospects that are pertinent to both the brands. Likewise, the mix of different promoting insights prompts a battle that is doubly more successful in driving the prospects to make buys. In the protection area, advertisers can without much of a stretch charm every one of the leads that an objective arranged protection operators and dealers business list brings.

    Mechanization

    The different assignments that are completed in an advertising effort are dull. For instance, an advertiser sends a specific item’s commercial to 100 prospects. Later on, similar prospects can be locked in with communicates that discussion about the comparable items. In this manner, while showcasing to the protection business, it just bodes well to mechanize the promoting activity to make the capacity of continue advertising advantageous.

    Hashtags

    Web-based social networking blast is one to figure with. The total and adroit use of the web based life stages is an extraordinary method to fabricate mark perceivability. One must take care to use hashtags that are applicable and not very long. Additionally, a post that contains more hashtags than words will undoubtedly get a negative reaction. Advertisers must be liberal yet careful of the utilization of hashtags in their promotions to pick up the coveted outcomes.

    Publicize appropriate items and administrations to the protection part by propelling focused on multi-channel advertising efforts dependent on an outcome arranged protection industry mailing list and in light of the above expressed imaginative plans to get higher deals and achieve a high ROI.

  • 31Oct
    Categories: Grandparenting, Home and Family Comments Off on Grandad, My Schoolteacher Says Profit Is a Dirty Word

    Grandad, my teacher says that benefit is a grimy word. Is that right?

    It assuredly isn’t right yet perhaps he implies that some benefit is grimy in light of the fact that it is made by lying, tricking and offering trashy merchandise. This occurs however organizations doing this don’t keep going long and the general population doing it tends to be fined or sent to jail.

    Most organizations are superior to this. A fruitful business makes wage by offering things or giving administrations that individuals need. Consider a basic precedent, for example, an eatery. The nourishment must be great, the administration phenomenal, the cost not very costly and the entrepreneur needs to obey bunches of laws about wellbeing and security. He or she needs to pay providers, pay staff, pay power and gas, pay committee rates, make good on regulatory obligation and pay numerous different expenses.

    He needs to get cash from his clients and he needs to pay every one of his expenses. The cash coming in must be more than the cash going out. Else he won’t have the capacity to proceed. The distinction among salary and expenses is benefit. In this way benefit is a long way from being a grimy word. It is a fundamental sign that the business is being run effectively and will survive.

    There are a considerable measure of different advantages that outcome from a business making a benefit. Would you be able to think what they are? Right off the bat the entrepreneur will have the cash to put resources into the future – new gear, better furniture, possibly new or additional premises.

    Besides he will have the capacity to satisfy cash that he may have obtained to begin the business. He (or, obviously, she) will have the capacity to spare some cash or put resources into annuities for him and his staff. The agent who influences a benefit to can make gifts to philanthropy and numerous fruitful specialists do this.

    From the business perspective there is amazingly, one more explanation behind valuing the estimation of benefit. Benefit makes a business more significant, by placing cash in the bank as well as more critically making something that can profit later on. The estimation of a business isn’t just its property and its cash in the bank, it is the estimation of benefits it can make later on.

    Assume our eatery proprietor begins by purchasing a summary property which has an awful notoriety and for all intents and purposes no clients, in this way not making a benefit. It is such a wreck, to the point that he could get it for $50,000. By diligent work, great cooking and great administration he can construct an effective business that five years after the fact it is flourishing and making a benefit of $100,000 every year. He has most likely re-contributed a portion of his benefits every year to purchase the best kitchen hardware and burned through cash on stylistic layout and furniture, so his aggregate speculation may be an additional $200,000. The uplifting news for him is that he can, on the off chance that he wishes, offer the business for more than his aggregate venture of $250,000. Why? Since the business has benefits of $100,000, giving the business additional esteem. Such a business could without much of a stretch be worth $750,000 or more.

    This is the ponder of benefit. The entrepreneur is upbeat, the clients are glad, employments have been made, impose has been paid, the neighborhood a shrewd eatery, everyone has profited and nobody has been harmed. This is the enchantment of business that I will reveal to you much more about in the coming articles.