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How Much Does A Final Expense Insurance Cost?

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Seeing your loved ones struggling with financial burden is a frustrating experience and we believe, you too won’t wish the same to happen. Buying a final expense insurance now will keep the family members away from the stress of arranging a funeral after your departure. In this article, you will get a detailed information of how much a particular service cost while buying insurance.

What Final Expense Insurance Is Made For

These are the insurance policies designed with an objective to help people pre-plan their funeral ceremony and protect their loved ones from an additional financial burden. This means if you have bought a final expense life insurance for seniors, you won’t need to worry about funeral arrangements and expenses after the demise of parents and can peacefully grieve in solitude. Your nearest or preferred funeral home will arrange the funeral in a smooth way and the insurance provider will take care of all the expenses. However, to get a cover, you need to inform the insurance provider about the demise of an insured as soon as possible so that they can communicate with the preferred funeral home and required arrangements can be made in time.

Some life insurance plans are also there that take care of funeral expenses but not everyone can afford a life insurance just for the sake of a funeral expense cover. Also, there are people who don’t qualify for a life insurance plan due to their specific medical conditions. In this scenario, funeral expense plans have an edge over life insurance. You don’t need to undergo any medical examination to prove your insurability and anyone can get insurance for themselves. Even, you have someone in the family suffering from a terminal disease, you can easily get a plan for them, without being interrogated about the same.

How Is the Insurance Cost Calculated?

There are numerous things that decide whether the funeral cost will too low or high and the same decides the cost of an insurance plan. You can get in touch with insurance experts or representatives to get an idea how are the insurance costs calculated, and which plan will be the most suitable for you. But before you do so, you are suggested to get multiple final expense insurance quotes from online insurance portals. Once you have got the quotes, you have an idea about the average costs of an insurance plan. Now, you can shortlist tops 3 or top 5 insurance plans and talk to representatives of those insurance companies. They will ask your funeral related preferences and let you know how much does a particular service cost and how can you eliminate the services you don’t need. For your comfort, we are providing an estimate of some most common services and their costs below:

Professional Services

These are basic services that you will have to pay for whenever you arrange a funeral. Under these, you may have to pay around $600 for the basic services provided by funeral home staff. The embalming service costs around $700 and you may need to pay another $400 for other preparation services.

Facilities and Staff Services

The funeral homes provide the cemetery and graveside services and arrange the viewing or a wake ceremony for friends, relatives and loved ones of the deceased. Under these services, you may have to pay $900 for viewing or a wake ceremony and would have to pay around $600.

Transportation Services

They transport the remains to the funeral home through a regular hearse and you would have to pay around $200 for transportation and $250 for the hearse. If you decide to transport the remains through a limousine, that would cost you around $200 extra.

Merchandise

Under this category, the funeral homes provide the casket or cremation urn for the deceased. If the deceased had wished to be cremated, they will be provided the cremation urn, otherwise a casket for around $3500. Also, they provide burial or urn vault for $2500 and for the memorial tombstone service, you will have to pay another $1000.

Other Expenses

These include some additional services such as floral arrangements, burial clothing, food, airfare and accommodation for visitors and other optional services that may add another $1000 for the same.

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Greyhound Racing: What The Coloured Jackets Mean

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The typical greyhound race in the UK consists of six dogs. Each dog is identified by the coloured jacket it wears for the race. The colour signifies its starting position – in other words the trap number it races from – and helps you to identify the dogs as they are racing. The colours are standard so it helps to become familiar with them for your night at the greyhounds. Let’s take a run through them.

The red jacked is always worn by the dog starting from trap one. This is the starting position closest to the inside rail. Such animals generally have a preference for running along the inside of the track and are known to race goers as “railers.” A railer typically requires a good burst of early speed to hold its position in to the first corner and not get baulked by the opposition.

The blue jacket is always worn by the dog starting from trap two. This trap is also generally favoured by railers with such dogs seeking to get over to the rail in front of the greyhound in trap one.

The white jacket is always worn by the animal starting from trap three and the black jacket is always worn by the greyhound staring from trip four. Such starting positions are generally favoured by greyhounds who have a natural preference for running along the middle of the track as signified by the (M) notation next to their name in the race card.

The orange jacket is always worn by the greyhound starting from trap five and the black and white striped jacket by the greyhound starting from trap six. Such staring positions are generally favoured by greyhounds who have a natural preference for running towards the wide outside of the track as signified by the (W) notation next to their name in the race card. A potential advantage of wide running is that the frequent first turn scrimmaging can be avoided.

Trap position does make a difference and should be taken in to account when looking for betting opportunities. A greyhound running out of position can be harmful to its chances though usually for graded races trap preference is taken in to account by the racing manager and a wide runner will not be placed in to an inside trap and vice-versa.

This is to avoid trouble in running. For example if a greyhound which is normally a wide runner was to be placed in trap one its natural instinct would be to seek the outside rail and move right out of the traps. This could cause interference with other dogs in the race.

It can be a fun night out and need not break the bank as entry is not expensive. Many race goers like to enjoy a meal as they watch the racing from the comfort of the restaurant. A few minutes familiarising yourself with the different coloured jackets, the starting position and if your chosen greyhound has a noted preference for trap position can aid your enjoyment when going for a night at the greyhound racing.

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How Do YOU Measure Success

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It was in January of 1962 when Barnsley P. Wentworth III told his father that he wasn’t going to be a doctor: he was going to be a clown. Without hesitating his father replied, “Then you will never amount to anything. Consider yourself a failure.” That was the moment Barnsley P. Wentworth III fell from his father’s grace, changed his name to Juggles, and became a clown. It was his greatest joy. It was his greatest passion. And he never made more than $50 a job.

It was a hot afternoon in July and Juggles was driving back to his hotel after working all day at a county fair, when he took a wrong turn into a trailer park and saw the mailbox covered in balloons – the calling card of a child’s birthday party. He sat there for a moment, looked at his watch, shook his head, sighed, and grinned from ear to ear as he put his rubber nose back on and jumped out of the car. He saw a little red head peeking through the flowered sheet curtain followed by piercing squeals as the door burst open and children rushed at him like excited puppies finding food. He would never forget that sound or the shocked look on the mother’s face as she whispered thank you and started to believe again. Or the sheer adoration on the birthday boy’s face as Juggles signed his cast and he solemnly vowed to never wash his arm again as he hugged Juggles’ striped leg and that moment was branded into his memory as he whispered thank you and started to believe again.

Juggles never stopped being a clown. Day in and day out. It stayed his dream and remained his passion. Even when his hair fell out and he was too weak to honk his nose – even from his bed, when what little fans that were left had to come to him. It was March of 1998 when Juggles died, wearing a big red nose and a contented smile. He never made more than $50 a job.

How do you measure success?

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When Do Interns Have to Be Paid? Revised FLSA Test May Create New Unpaid Internship Opportunities

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Did you know that the Department of Labor recently changed the test used to determine whether interns are employees under the Fair Labor Standards Act (FLSA)? Though mostly overlooked, this development may significantly affect the manner in which employers provide internship opportunities. It may also encourage other employers to start their own internship programs.

In January 2018, the Department of Labor clarified that going forward, a “primary beneficiary” test will be used to determine whether interns are employees of “for profit” employers under the FLSA. Why is this a big deal? The FLSA’s minimum wage and overtime pay requirements generally apply to employees, not interns.

Educators and employers alike agree that individuals can benefit greatly from properly designed unpaid internship programs. Unfortunately, since interns are not entitled to compensation under the FLSA, they may be exploited by employers who use their free labor without providing with an appreciable benefit in education or experience. The DOL began issuing informal guidance to prevent this kind of abuse in the late 1960s.

In 2010, the DOL published a 6-factor test to distinguish between interns that don’t need to be paid under the FLSA and employees that do. One factor in particular proved to be a nearly insurmountable obstacle. “The employer that provides the training derives no immediate advantage from the activities of the intern; and on occasion its operations may actually be impeded.”

Since all six factors had to apply, many believed this test was too rigid, including some federal appellate courts. These courts instead opted to apply a “primary beneficiary” test that:

  • focuses on what interns receive in exchange for their work;
  • gives courts the flexibility to examine the economic reality of the intern/employer relationship; and
  • acknowledges the uniqueness of internships in that interns agree to perform work in exchange for educational or vocational benefits.

In January 2018, the DOL essentially adopted this “primary beneficiary” test to eliminate unnecessary confusion and provide increased flexibility to holistically analyze internships on a case-by-case basis. This test includes seven factors to consider when determining whether an intern is actually an employee under the FLSA.

  1. Expectation of Compensation. The extent to which the intern and the employer clearly understand that there is no expectation of compensation. Any promise of compensation, express or implied, suggests that the intern is an employee-and vice versa.
  2. Training. The extent to which the internship provides training that would be similar to that which would be given in an educational environment, including clinical and other hands-on training provided by educational institutions.
  3. Education. The extent to which the internship is tied to the intern’s formal education program by integrated coursework or the receipt of academic credit.
  4. Academics. The extent to which the internship accommodates the intern’s academic commitments by corresponding to the academic calendar.
  5. Duration. The extent to which the internship’s duration is limited to the period in which the internship provides the intern with beneficial learning.
  6. Displacement. The extent to which the intern’s work complements, rather than displaces, the work of paid employees while providing significant educational benefits to the intern.
  7. Promise of Employment. The extent to which the intern and the employer understand that the internship is conducted without entitlement to a paid job at the conclusion of the internship.

Unlike the rigid six-factor test, the primary beneficiary test is intended to be flexible. No single factor is determinative and additional factors may also be considered on a case-by-case basis when appropriate.

The FLSA’s “internship exclusion” was quite narrow under the old six-factor test. Whether this changes under the new primary beneficiary test remains to be seen. Nevertheless, employers should proceed cautiously when evaluating and determining whether someone can be treated as intern under the FLSA, rather than an employee.

The risk of employment-related claims goes up whenever laws and regulations change. Employment Practices Liability Insurance, which may include limited wage and hour coverage, can protect employers in the event of an inadvertent violation.

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