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Twelve Secrets and Tricks to Buying Life Insurance

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Secret #1: Don’t spend too much time on a life insurance quote.

Do not be fooled by the low price quotes you get online – they don’t apply to you unless you are extremely healthy. Statistically only 10% of people who apply actually get the lowest priced policy. The premium you end up paying has nothing to do with the initial quote you get online or from an agent. It is amazing to me how often I see people getting duped by an agent who quotes company X at a lower price than another agent.

Life insurance policies are the same price no matter who you buy from! One agent or website quoting a lower premium means nothing. Prices for any given policy is based on your age and health. There are a few exceptions to this but that is beyond the breadth of this article.

Most life insurance companies have 10-20 different health/price ratings and no agent or website can assure you the quote they give you is accurate. You have to apply, do a health check, and then go through underwriting (meaning you complete a mini-exam with a nurse in your home and then the company checks you doctor records and reviews and ‘rates’ your health) to get the real price of the policy. Remember that a health rating also factors in your family history, driving record, and the type of occupation you have. Only use quotes to help narrow down your choices to the top companies. You may want to consider a no load or low policy. The more that you save on commissions the more money builds up in your policy. You can even buy term insurance no load, and save a lot on premiums. You will not get the help of an agent, which may be worth something if they are very good.

The most important factor determining price is matching your particular health history with the company best suited for that niche. For instance company X might be best for smokers, company Y for cancer survivors, Company Z for people with high blood pressure, etc.

Secret #2: Ignore the hype on term versus cash value permanent insurance.

You can go crazy reading what everyone has to say on buying term insurance versus a whole or universal life policy. Big name websites give advice that I think borders on fraudulent. Simply put there is NO simple answer on whether you should buy permanent cash value policies or term insurance.

But I do think there is a simple rule of thumb – buy term for your temporary insurance needs and cash value insurance for your permanent needs. I have read in various journals and run mathematical equations myself which basically show that if you have a need for insurance beyond 20 years that you should consider some amount of permanent insurance. This is due to the tax advantage of the growth of the cash value within in a permanent policy. I am divorced and have taken care of my children should I die. I probably no longer need as much insurance as I now have. I have earned a great return on my policies and have paid no taxes. I no longer pay the premiums, because there is so much cash in the policies. I let the policies pay themselves. I would not call most life insurance a good investment. Because I bought my policies correctly, and paid almost no sales commissions my policies are probably my best investments. I no longer own them, so when I die my beneficiaries will get the money both tax free, and estate tax free.

Since most people have short term needs like a mortgage or kids at home they should get some term. Additionally most people want some life insurance in place for their whole life to pay for burial, help with unpaid medical bills and estate taxes and so a permanent policy should be purchased along with the term policy.

Secret #3: Consider applying with two companies at once.

Life insurance companies really don’t like this “trick” because it gives them competition and increases their underwriting costs.

Secret #4: Avoid captive life insurance agents.

Look for a life insurance agent who represents at least fifty life insurance companies and ask them for a multi company quote showing the best prices side by side. Some people try to cut the agent out and just apply online. Just remember that you don’t save any money that way because the commissions normally earned by the agent are just kept by the insurance company or the website insurance company without having your premium lowered.

Plus a good agent can help you maneuver through some of the complexities of filling out the application, setting up your beneficiaries, avoiding mistakes on selecting who should be the owner, the best way to pay your premium, and also will be there to deliver the check and assist your loved ones if the life insurance is ever used.

Secret #5: Consider refinancing old life policies.

Most companies won’t tell you but the price you pay on your old policies has probably come down dramatically if you are in good health. In the last few years life insurance companies have updated their predictions on how long people will live. Since we are living longer they are reducing their rates rather dramatically. Beware the agent may be doing this to obtain a new commission, so make sure it really makes sense.

I really am amazed at how often we find that our client’s old policies are twice as expensive as a new one. If you need new life insurance consider “refinancing” your old policies and using the savings on the old policies to pay for the new policy – that way there is no extra out-of-pocket costs. We like to think of this process as “refinancing your life insurance” – just like you refinance your mortgage.

Secret #6: Realize life insurance companies have target niches that constantly change.

One day company ‘X’ is giving good rates to people who are a little overweight and the next month they are super strict. Company ‘Y’ might be lenient on people with diabetes because they don’t have many diabetics on the books – meaning they will give good rates to diabetics. At the same time company ‘W’ might be very strict on diabetics because they are insuring lots of diabetics and are afraid they have too big of a risk in that area – meaning they will give a bad rate to new diabetics who apply.

Unfortunately when you are applying a life insurance company will not tell you, “Hey, we just raised our rates in diabetics.” They will just happily take your money if you were not smart enough to shop around. This is the number one area a smart agent can come in handy. Since a good multi-company agent is constantly applying with multiple companies he or she will have a good handle on who is currently the most lenient on underwriting for you particular situation. The problem is that this is hard work and many agents are either too busy or not set up to efficiently shop around directly to different underwriters and see who would make you the best offer. This is a lot harder than just running you a quote online.

Secret #7: Don’t forget customer service.

Most people shopping for insurance focus on companies with the lowest price and the best financial rating. Unfortunately I know of some A+ rated companies with low rates who I would not touch with a ten foot pole simply because it’s easier to give birth to a porcupine backwards then it is to get customer service from them.

Before I understood this I used a life insurance company that gave a client a great rate but 2 years later the client called me and said, “I have mailed in all my payments on time but just got a notice saying my policy lapsed.” It turned out the company had been making lots of back office mistakes and had lost the premium payment!

We were able to fix it because we caught the problem so early. But if the client happened to have died during the short period the policy had lapsed, his family might have had a hard time proving that the premium had been paid on time and they might not have received the life insurance money – a loss of hundreds of thousands of dollars in that case.

Secret #8: Apply 3-6 months ahead of the time you need the insurance if possible.

Don’t be in a hurry to get a policy if you already have some coverage in force. But go ahead and apply right away knowing that you might need months to shop around if the first company does not give you a good rate. Even though the life insurance industry is getting more automated your application will still often be held up for weeks or months while the insurance company waits on your doctor’s office to mail them a copy of you medical records.

If you are in a hurry and buy a quickie ‘no-underwriting’ policy without going through the full health checks and underwriting that a mainstream life insurance company requires, you will end up paying 20%-50% more because the insurance company will automatically charge you higher rates because they don’t know whether you are healthy or about to die the next day.

Secret #9: Avoid buying extra life insurance through work if you are healthy.

I am sure there are exceptions to this “trick” but I have rarely found one. By all means keep the free life insurance your employer provides. But if you are healthy and you are paying for supplemental life insurance through payroll deduction you are almost certainly paying too much. What is happening is that your ‘overpayments’ ends up subsidizing the unhealthy people in your company who are buying life insurance through payroll deduction.

Usually the life insurance company has cut a deal with your employer and will waive the required health exam for all employees – instead they just average the price for all the employees and offer one or two rates for males or females at any given age. Life insurance companies know they will pick up lots of unhealthy clients this way so they jack up the price on everyone so that the healthy people end up overpaying so that the unhealthy employees get a cheaper policy. Also, unlike the guaranteed term policies which we recommend, most life insurance you buy through work will get more expensive as you get older.

Also group life insurance is generally not portable when you retire or change jobs meaning that when you retire or change jobs you might have to apply all over again even though you will be older and probably not as healthy and risk being turned down for a policy. If the group plan does allow portability they generally limit your conversion choices and force you to go into expensive cash value plans.

I remember helping someone evaluate his supplemental life insurance. He was sure it was a better deal than any policy I could find him. Little did he know that the price of his group plan would go up every year? By the time he retired his premium would have risen to over $10,000/year. I found him a policy for around $1000/year that would never go up. Also, unlike his old group life policy, he could take the individual policy with him when he changed jobs or retired.

Secret #10: Do a trial application on a COD payment basis.

Only send money with the application if you need the life insurance coverage right away. Sending a check with the application is a traditional practice agents used to do – I think mostly because it got them their commissions faster. If you send money with an application you usually get temporary coverage immediately but if you already have plenty of coverage and are just trying to get better rates ask your agent to do a trial application on a COD basis so you only pay once the policy is approved. If you do not send money, and you die before paying for the policy there is no coverage.

Secret #11: Wear your shoes when the nurse measures your height.

When the insurance company sends out the nurse to do your health check try to be as tall as possible if you are overweight? In most states you are allowed to wear shoes and if you are a little overweight your taller height/weight ratio will look a little better to the underwriter who is determining your health rating and policy price. Also do your exam early in the morning with no food in you – this will make your cholesterol count and various health ratios look the best.

Secret #12: Be careful with extra perks and riders.

Most policies come with options like accidental death benefit, child riders, disability riders, return of premium etc. If you do the math on most of these “extras” they usually don’t make smart financial sense. Life insurance companies are out to make money and these riders are usually profitable because they either cover something that rarely happens or they are so stringent that the benefit never gets paid out. Keep things simple and focus mainly on getting a life policy to cover your life without many strings attached. Again a good agent can help you weigh the benefits of the extra riders. But be wary of an agent who tries to tack on every possible extra rider.

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How to Record Zoom Meeting as a Participant & Without Host Permission

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Zoom meetings are fast-paced and frenetic, which makes it challenging for your team to stay on the same page. This can make it difficult to keep discussions brief and concise. To help keep everyone on the same page, you can use a Zoom meeting recording app. Participants can listen to the meeting and take notes without disrupting the flow of the meeting. The best part? You don’t need to be an IT pro to set up a Zoom meeting recording. Follow these simple steps to start recording your team’s meetings.

What is a Zoom Meeting Recording?

Unlike a normal meeting, which is audio-only, a Zoom meeting allows you to both see and hear everyone in the meeting room. Zoom takes notes during the meeting and sends the audio recording straight to your inbox. Then, you can edit and annotate the recording with your team’s comments. You can also share the recording with others who are on the meeting attendee list. Once you start recording, you can pause and resume the Zoom recording if you need to. And don’t worry, your team won’t be able to see that you’re recording them. Zoom offers several different recording options, so you can find one that works for your team.

Record Your Team’s Meetings with Zoom

If you’re looking to start recording your team’s Zoom meetings, consider setting up a recurring meeting. Every week, you can schedule a Zoom meeting to record the meeting. This makes it easier to stay consistent. You can also use a Zoom meeting recording app like Webex Meetings or Zoom to record your team’s meetings on your smartphones and tablets. Before you can record a meeting, make sure the option is turned on in your Zoom settings. Next, invite everyone to join the meeting via the company-wide Zoom app.  If you have any questions about the recording, click “Ask the host” and send an email to the host.

Set Up a Zoom Meeting Recording

While recording a Zoom meeting is convenient, you’ll want to make sure it’s set up correctly. Begin by inviting everyone who will be invited to the meeting to join via the Zoom app. Then, start the meeting and make sure the “Record” option is turned on. If the meeting is audio-only, then you won’t be able to record it. But, you can use a screen recorder like Camtasia to record the meeting. If the meeting is audio-only, then you won’t be able to record it. But, you can use a screen recorder like Camtasia to record the meeting. Once the meeting is finished recording, you’ll be able to view and edit the recording in your Zoom inbox. When you’re ready to save it, select “Save” from the header. If you have any questions, you can send an email to the host or host leader.

how to record zoom meeting

If you’re looking to start recording your team’s Zoom meetings, consider setting up a recurring meeting. Every week, you can schedule a Zoom meeting to record the meeting. This makes it easier to stay consistent. You can also use a Zoom meeting recording app like Webex Meetings or Zoom to record your team’s meetings on your smartphones and tablets. Before you can record a meeting, make sure the option is turned on in your Zoom settings. Next, invite everyone to join the meeting via the company-wide Zoom app. Once everyone has accepted the invite, they will automatically be added to the meeting. Then, you can start the meeting and begin recording.  When you’re ready to save it, select “Save” from the header. If you have any questions, you can send an email to the host or host leader.

screen recorder

If you want to start recording your team’s Zoom meetings, you can use a screen recorder like Camtasia. This will allow you to record the meeting audio and take screen recordings. If your team uses Zoom, you can also use a screen recorder like Camtasia to record the meeting audio and take screen recordings. This will help you stay on the same page with your team. Once you’ve set up your Zoom meeting recording, host the meeting and start recording. Then, start the screen recorder to record the meeting audio and take screen recordings. You can use these recordings to help your team stay on the same page. Make sure to set the screen recorder’s audio level to “Mic +” or “Mic Only.” This will make sure you don’t accidentally record the meeting audio. Next, share your screen recordings with your team. They can then view and edit their screen recordings to make sure everyone is on the same page.

wrap up the meeting after the recording

 When you’re ready to save it, select “Save” from the header. END the meeting by announcing that it’s time to end the meeting. If you want to add a closing remark, then do so. But, make sure to announce that the meeting is over. If you have any questions, you can send an email to the host or host leader. END the meeting by announcing that it’s time to end the meeting. If you want to add a closing remark, then do so. But, make sure to announce that the meeting is over. If you have any questions, you can send an email to the host or host leader.

screen recorder Windows 10

One benefit of recording your team’s Zoom meetings is that you can use a screen recorder like Camtasia. This will allow you to record the meeting audio and take screen recordings. If your team uses Zoom, you can also use a screen recorder like Camtasia to record the meeting audio and take screen recordings. This will help you stay on the same page with your team. Make sure to set the screen recorder’s audio level to “Mic +” or “Mic Only.” This will make sure you don’t accidentally record the meeting audio. Next, share your screen recordings with your team. They can then view and edit their screen recordings to make sure everyone is on the same page.

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6 Tik Tok Mistakes To Avoid For Building A Good Marketing Strategy

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6 Tik Tok Mistakes To Avoid For Building A Good Marketing Strategy

Sometimes we people can lag having something new in a day, but our technology speed would never. Tech fields have touched spikes from the past to now by seeing the launch of social networking sites every day. If it comes to sharing an example, then nothing can beat the craze of Tik Tok marketing that people are still in the same passion and looking to shift to another platform that helps them gain popularity within a night. Counting the estimate from past years, Tik Tok has reached 800 million+ fans worldwide.

Tik Tok has gained massive success till it has ruled the market singlehandedly. But there are some mistakes if tackled with time then, the future can be different for it. If you want to build a good brand identity, you must avoid some mistakes that help you eliminate the situation that might become a hurdle for you in the future ahead.

  • Not Targeting The Right Audience.

The most common reason for not surviving TikTok in the market so long is that it is mainly coming into force to entertain the public at large. As it has whooping popularity with 8-00+ billion followers, people have started placing their ads on that. So selecting the niche where you need to target your audience is very important for avoiding mistakes for existence.

  • Not Being Fun

Before posting something on any social media or engaging platform, we have to analyze the content that needs to be placed accordingly. Like TikTok is a platform for entertainment and fun, you can’t place serious and wooden content there for gaining views. It’s just like you are ruining the pace of things meant to be there.

  • Not Sharing User-Generated Content

It needs to be deeply researched into what kind of videos can gain a high engagement rate. Not all kinds of videos are supposed to be posted there, as TikTok marketingdemands user-generated content. Try to build or gain the trust of your followers by making them feel comfortable with your linking. 

  • Not Feeling The Urgency Of Influencers

People love to believe those they feel more engaged with regularly or more frequently. So taking support from influencers to boost engagement on your platform would be a great move that can help you increase your brand visibility and increase followers’ reach. 

  • Lagging In Hashtag Challenges

If you have stepped into social media platforms, you must have good knowledge of how beautifully you can use hashtags. So sit and research what could be the best hashtags that can go well with your brand reach and how you can use them to increase your audience range.

  • Not Looking Realistic

Excessive promotional activity can snatch the realness out of your brand. Alternatively, you can go with content that indirectly benefits your product or services. Finally, try to adopt a more natural approach to encourage the brand so that followers love to become a part of your journey.

Takeaway

If you are searching for a reference where you can get all the amazing things done with your social media handles, you can reach out on the page ‘Socialboosting“. If your purpose is to increase the number of followers, boost engagement, Quality followers, and marketing tips, you should not delay reaching out there. Give it a right try in just the right way.

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Secrets to AI PRAPHRASING TOOL

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PRAPHRASING TOOL

If you’re like most people, you probably think that artificial intelligence (AI) is some sort of magic. After all, it can do things like read and understand human language, recognize faces and objects, and even beat humans at complex games like chess.

But the truth is, AI is just a tool. And like any tool, it can be used for good or for bad.

In this article, we’re going to talk about some of the ways that AI can be used for evil purposes. 

We’ll also discuss what you can do to protect yourself from these malicious uses of AI.

1. Creating Fake Videos and Photos

One of the most worrying ways that AI can be used for evil purposes is to create fake videos and photos. This is also known as “deep fakes.”

Deep fakes are created by using a type of AI called a generative adversarial network (GAN). A GAN consists of two neural networks: a generator and a discriminator.

The generator creates fake data, while the discriminator tries to distinguish between the real and fake data. The two networks compete with each other, and as they do, the generator gets better and better at creating realistic fake data. Check RemoteDBA for more details.

Deep fakes have been used to create fake celebrity porn, as well as political propaganda. In 2018, for example, a deep fake video of Barack Obama went viral. The video featured Obama saying things that he never actually said.

2. Stealing Your Personal Data

Another way that AI can be used for evil purposes is to steal your personal data. This is possible because many popular applications and websites use AI to recommend content to you based on your interests.

In order to do this, these applications and websites need to collect data about you. This includes things like your age, gender, location, and what you like to do online.

Once they have this data, they can sell it to advertisers or use it to influence your behavior.

3. Manipulating the Stock Market

AI can also be used to manipulate the stock market. This is possible because there are now algorithms that can automatically trade stocks based on certain conditions.

Some of these algorithms are designed to take advantage of human behavior. For example, they may buy stocks when prices are low and sell them when prices are high. This can result in huge profits for the people who own these algorithms, but it can also crash the stock market.

4. Disrupting Elections

AI can also be used to disrupt elections. This is possible because AI can be used to create fake news articles and social media posts. These fake articles and posts can then be spread by bots, which are automated software programs that control online accounts.

Bots can be used to automatically like, share, and comment on content. They can also be used to message people en masse. This means that they can easily influence what people see on social media and other online platforms.

If you’re like most people, you probably think that the best way to get better at paraphrasing is to practice on your own. However, this isn’t always the case. While it’s true that practice makes perfect, there are some other things that you can do to help improve your paraphrasing skills. 

In this article, we’ll share with you some of the secrets to becoming a master paraphrase.

The first secret is to understand what you’re reading. This may seem like a no-brainer, but it’s actually very important. When you’re reading something, take the time to think about what it means. If you can’t understand it, chances are you won’t be able to paraphrase it correctly. 

The second secret is to take your time. Don’t try to paraphrase something if you’re in a hurry. If you rush, you’re likely to make mistakes. Instead, take your time and focus on getting it right. 

The third secret is to practice, practice, and practice. The more you practice, the better you’ll become at paraphrasing. To find a text that you can use for practice and start working on it. 

Conclusion:

By following these secrets, you’ll be well on your way to becoming a master paraphrase. So get out there and start practicing!

If you want to improve your paraphrasing skills, there are a few things you can do. One is to practice on your own, and another is to understand what you’re reading. You should also take your time when paraphrasing, and focus on getting it right. And finally, keep practicing!

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