HOW TO SELECT A LIFE INSURANCE COMPANY

Size: px
Start display at page:

Download "HOW TO SELECT A LIFE INSURANCE COMPANY"

Transcription

1 HOW TO SELECT A LIFE INSURANCE COMPANY There will prbably be hundreds f life insurance cmpanies t chse frm when yu decide t purchase a life insurance plicy. Hw d yu decide which ne? Mst cmpanies are quite capable f handling the transfer f risks and are deserving f cnsumer cnfidence. All cmpanies are subject t stringent regulatin by state insurance departments as t their financial viability. That said, cmpanies d fail frm time t time causing disruptin fr plicyhlders. Thugh ften there is little r n lss f value, particularly fr the death benefit prtin f plicies, the uncertainty that flws frm such failures is gd reasn fr care and diligence in the selectin f a cmpany. Prices differ dramatically amng cmpanies and yu may want t make certain yu have a cmpetitively priced prduct. Often, the life insurance agents prefer a given cmpany because f lng term relatinships and cmpensatin advantages that may clud their bjectivity as t what is best fr yur situatin. The mistakes we see cnsumers mst ften make fall int these three categries: NOT CHECKING AROUND T ften the individual cnsumer gives n thught t the cmpany because they simply trust the agent t make a gd selectin. Agents likely have varying (even subcnscius) mtivatins, including lng term allegiances and cmpensatin prgrams incenting them t send business t certain cmpanies regardless f hw well the prduct fits the client s needs. Sme agents are captive r tied t nly ne cmpany and cannt represent ther cmpanies. They are nt allwed t search fr ther ptins. An imprtant nte here sme agents wh wrk exclusively fr multi-line cmpanies (life, health and prperty/casualty) may have prducts which by themselves are nt highly cmpetitive but they are able t grant multi-line discunts fr ther cverages, bringing the verall pricing int a mre cmpetitive psitin. Cupling that with the fcused service they ffer may be appealing. We believe the agent yu select is a very imprtant advisr and we als believe that mst agents give very gd advice, nly that their advice is limited t their wn perspective. The agent, even the independent agent wh represents multiple cmpanies, represents the life Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 1 f 7 PLS.116.1

2 insurance cmpany, nt yu, under the agent s cntract. They sell the cmpany s prducts and are the cmpany s cmmissined representative. Underwriting class When yu buy life insurance the insurance cmpany lks at yur health t determine what price t charge. Yu will be placed in an underwriting class based n yur medical histry and cnditin. Generally, mst cmpanies divide insureds int smker and nn-smker categries. Sme use tbacc use rather than smker and sme allw cigar smking while thers d nt. Sme cmpanies allw individuals t be classified as a nn-smker if they have nt smked fr 1 year while thers require n smking fr 2 years r lnger t get the nn-smker rates. Smker classes carry a significantly higher premium Example: Male age 50, 20 year Term Life $250,000 Cmpany A Cmpany B Nn-Smker: $ $ Smker: $2, $2, Rati Surce: April 2009 CmpuLife Term Rate Cmparisns Often cmpanies will ffer 3 levels f standard risk fr nn-smker standard, preferred and preferred best. The additinal levels f the standard class ffer discunts t the best risks. Hwever, nt all cmpanies define the risks the same way. Cmpany A may believe that chlesterl cntrlled by medicatin can still be a preferred best risk while Cmpany B believes it can nly be preferred r even standard. These same cmpanies may see family histry differently with Cmpany B viewing a family histry f heart disease r cancer less negatively than Cmpany A des. Therefre, the risk class is nt necessarily indicative f hw cmpetitive yur price will be. Each cmpany lks at risk in their wn way s underwriting decisins can vary widely amng cmpanies. Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 2 f 7 PLS.116.1

3 At times agents may ffer qutes f the mst cmpetitive rates in rder t secure the business but thse rates may nt be the final rates after the underwriting prcess has been cmpleted. Here s the pint: Lk at the final rates, nt the underwriting class r even the rates quted, when yu d cmpare. ONLY CHECKING PRICE N cash value plicies (term and n lapse UL) The life insurance industry has lng believed that n cnsumer has ever been denied a death claim due t cmpany inslvency. A cmbinatin f State Insurance Departments, State Guaranty Assciatins and ther life insurance cmpanies have rehabilitated blcks f business that were impaired, and as lng as the wner cntinued t pay the premium, the death benefits have been paid. There is certainly n guarantee f that result int the future but paying mre than a cmpetitive premium may nt prvide any additinal security. Prices d vary greatly amng highly rated cmpanies s checking price can make a difference: Male age 50 - $1,000,000 standard nn-smker risk cmpanies rated A r better 10 year term life Cmpany Rank Annual Premium A #1 $1845 B #3 $1935 C #10 $2145 D #20 $2270 Hwever price is nly part f the stry. Term If yu ever need t cnvert the plicy t a cash value frm (which may be able t mre efficiently prvide lifetime cverage) the strength f thse types f plicies fr the underwriting cmpany shuld be cnsidered. Mst cnversin ptins allw yu t exchange t a new plicy at yur riginal risk class. If yur health has changed ver time yu may nt qualify fr the same risk class n a new plicy as yu have with the term plicy and cnversin may be yur nly reasnable ptin. Initial price fr Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 3 f 7 PLS.116.1

4 yur term plicy may be mre than ffset by higher (r lwer) ultimate csts after cnversin. The plicies available fr cnversin need t be understd as well. Sme cmpanies will ffer any prducts in their prtfli while ther cmpanies may place restrictins n availability. N lapse UL These plicies smetimes have plicy prvisins that need t be well understd. Fr example, mst f them are based n an assumptin f the timelines f when premium is received. If the premium arrives just a few days late, interest crediting can be impacted, the n lapse guarantee can vanish and the plicy itself may lapse at a time when the cverage is needed. Many cmpanies ffer catch-up prvisins but sme can be cmplicated and cstly. Cash value plicies Plicies with cash value are particularly difficult t assess. These plicies have illustratins f future value based n certain assumptins. We encurage ur clients t recgnize that these illustratins are always wrng! That is nt t say cmpanies are trying t be deceptive but that t ften cnsumers see a cmputer print-ut and believe it is guaranteed. There are many variables invlved. The insurance cmpany usually has the flexibility t make adjustments ver the years based n experience s prjectins wuld rarely cme true exactly as riginally prjected. A simple example is the interest rate. Since illustratins demnstrate values far int the future, the interest assumptin makes a huge impact n the results. Here is an example: Male, Age 50, standard risk $250,000 Universal Life Death Benefit Annual Premium $2,393 Prjected Cash Surrender Values at varying interest rates Year 4.0% 5.0% 5.4% (current) 10 $23,761 $25,687 $26, $67,518 $77,111 $81, $114,949 $145,836 $160,279 The abve values are fr cmparative illustratin nly. Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 4 f 7 PLS.116.1

5 Recgnizing that illustratins are nt a guarantee f future results, the real cst f any plicy will nly emerge ver time. Cnsequently, a review f the histry f a cmpany s crediting strategies can help give insight int what may happen t their plicies in the future. Hwever, that histry can be difficult t btain and is nt a predictin f hw the cmpany will perfrm in the future. Mutual cmpanies versus stck cmpanies: Generally speaking, stck cmpanies will have smewhat lwer premiums initially than mutual cmpanies. Mst mutual cmpanies include extra margin at the utset but ver time may be able t give very gd value thrugh the dividend scale. Since the mutual cmpany des nt have sharehlders like the stck cmpanies d, they may be able t return extra value t the plicyhlder and may be very cmpetitive ver time. The decisin between mutual and stck is nt simple and invlves yur time hrizn and yur evaluatin f the expectatin f cmpany perfrmance ver that time frame. BUYING THEN FORGETTING Plicy perfrmance Many f the plicies purchased ver the last 20 years may nt perfrm as riginally illustrated due t declining interest rates. Therefre, additinal premium may be needed t keep these plicies in frce ver the lives f the insureds. If inadequate funding is caught early it can be mre easily crrected. Hwever, if adjustments are delayed, significant additinal premium may be required t maintain cverage as planned. Cmpany financial strength When insurance cmpanies begin t decline financially there are usually, thugh nt always, warning signs. With ntice yu may wish t change cmpanies, thugh yur ptins may be limited if yur health has changed. Financial decline is nt the nly reasn t actively manage yur life insurance prgram. Objectives and circumstances change s the amunts and types f cverage shuld regularly be reviewed. Mst agents try t ffer nging service but ften the cmpensatin systems are such that they are encuraged t pursue new business rather than spend time servicing existing clients. We ften hear frm ur clients that they have nt heard frm their agent fr several years. Of curse, in sme situatins the agent may n lnger even be in the life insurance business. Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 5 f 7 PLS.116.1

6 We suggest yu cnsider the fllwing apprach t selecting a cmpany. FIRST SELECT AN AGENT. LOOK FOR THE FOLLOWING QUALIFICATIONS: Yu respect and trust the agent. The agent is knwledgeable and experienced with a reputatin fr prfessinalism. The agent is well qualified t help with yur situatin perhaps hlding CLU, ChFC, CFP r ther certificatins indicating a cmmitment t cntinued educatin. Yu enjy wrking with the agent. THEN GIVE THE AGENT YOUR REQUIREMENTS AS TO THE COMPANY TO BE USED. CONSIDER THE FOLLOWING CRITERIA: Ratings We generally recmmend cmpanies with at least an A- r A rating r higher. Yu certainly may wish t set the standard higher but we find the highest ratings are ften reserved t larger cmpanies simply because f size and, therefre, sme very cmpetent and cmpetitive smaller and mid-sized cmpanies are excluded. Size D nt be verly swayed by size. Size des have its advantages, ptentially giving additinal strength t weather difficult challenges. At the same time, many f the prblems encuntered in the financial turmil f 2008 and 2009 were mre significant in the larger cmpanies. In fact, their size may have required that they be expsed t virtually all f the risk areas in the ecnmy. Sme very large cmpanies with a great histry f perfrmance have struggled because f higher than average leverage r expsure t market segments that declined quickly, leaving little time t adjust. Sme cmpanies are part f a hlding cmpany structure. This structure may ffer the ptential fr additinal capital supprt nt evidenced n the cmpany s direct financial statements but can als require capital flws t help with prblems at the hlding cmpany level. Reputatin A knwledgeable and experienced agent will be able t help yu knw f the reputatin a cmpany has fr caring fr its plicyhlders. Thugh cmpanies change, t ask fr a cmpany knwn fr gd service is reasnable. Cmpetitive pricing fr this plicy Yu may wish t require that the price be in the tp 10-15% f prices available t assure a gd ecnmic value. Dn t be t persuaded just t get the lwest price. Histry f cmpetitive psitining Again, yur agent will knw the cmpany s histry f remaining cmpetitive and hw they have handled renewal crediting rates fr interest sensitive plicies. Please recgnize, thugh, that histry is nt a guarantee f future perfrmance. Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 6 f 7 PLS.116.1

7 Other prduct lines Particularly if yu are purchasing term insurance yu may wish t knw f hw cmpetitive ther prduct fferings are likely t be in the future, if needed. LET US HELP. (YES, THAT S A COMMERCIAL!) At Petra Life Services we wrk directly fr yu and can help with the abve issues. We will wrk with yur designated agent t help yu make a quality cmpany selectin. We als prvide ur nging Stewardship Supprt Prgram (SSP) that will help keep yur prgram up t date with changes in bjectives r circumstances. The benefits f ur SSP include: Peridic reviews f yur gals and circumstances with updates t any f ur cnfidential, prprietary reprts, such as ur CARE and LIFE reprts, that have been prepared fr yu. Open access thrugh the year t ur cunsel and advice abut any questins yu have cncerning yur life insurance prgram as cncerns arise. Regular updates n ratings fr yur life insurance cmpanies. Please cntact us if we can be f assistance. Neither Petra Life Services, Inc. nr its representatives may give yu tax r legal advice. We recmmend that yu cnsult with, and rely n, yur wn tax and legal advisrs abut the cncepts presented in these materials. petralife.cm 7 f 7 PLS.116.1

How much life insurance do I need? Wrong question!

How much life insurance do I need? Wrong question! Hw much life insurance d I need? Wrng questin! We are ften asked this questin r sme variatin f it. We believe it is NOT the right questin t ask. What yu REALLY need is mney, cash. S the questin shuld be

More information

Annuities and Senior Citizens

Annuities and Senior Citizens Illinis Insurance Facts Illinis Department f Insurance January 2010 Annuities and Senir Citizens Nte: This infrmatin was develped t prvide cnsumers with general infrmatin and guidance abut insurance cverages

More information

What Does Specialty Own Occupation Really Mean?

What Does Specialty Own Occupation Really Mean? What Des Specialty Own Occupatin Really Mean? Plicy definitins are cnfusing, nt nly t cnsumers but als t many f the insurance prfessinals wh sell them. Belw we will try t prvide an understandable explanatin

More information

Retirement Planning Options Annuities

Retirement Planning Options Annuities Retirement Planning Optins Annuities Everyne wants a glden retirement. But saving fr retirement is n easy task. The baby bmer generatin is graying. Mre and mre peple are appraching retirement age. With

More information

WHAT SHOULD I LOOK FOR WHEN I BUY HEALTH INSURANCE?

WHAT SHOULD I LOOK FOR WHEN I BUY HEALTH INSURANCE? WHAT SHOULD I LOOK FOR WHEN I BUY HEALTH INSURANCE? The Maine Bureau f Insurance 34 State Huse Statin Augusta, Maine 04333 207-624-8475 r 1-800-300-5000 (in Maine) http://www.maine.gv/pfr/insurance Paul

More information

Information Guide Booklet. Home Loans

Information Guide Booklet. Home Loans Infrmatin Guide Bklet Hme Lans This Infrmatin Guide bklet prvides yu with general infrmatin nly. It will als help yu t better understand any recmmendatins we have made fr yu. Infrmatin Guide Hme Lans January

More information

DALBAR Due Diligence: Trust, but Verify

DALBAR Due Diligence: Trust, but Verify BEST INTEREST INVESTMENT RECOMMENDATIONS Advisr Rle under Best Interest Regulatins January 27, 2016 In the era when the cntractual bligatin is t act in the client s best interest, investment decisins can

More information

PLANNING FOR QUALITY CARE AND INDEPENDENCE. Why you need to plan for long-term care assistance, and what funding options are available.

PLANNING FOR QUALITY CARE AND INDEPENDENCE. Why you need to plan for long-term care assistance, and what funding options are available. PLANNING FOR QUALITY CARE AND INDEPENDENCE Why yu need t plan fr lng-term care assistance, and what funding ptins are available. PLANNING FOR QUALITY CARE AND INDEPENDENCE The value f planning ahead The

More information

Are Insurance Premiums Deductible?

Are Insurance Premiums Deductible? Are Insurance Premiums Deductible? December 2011 Can I deduct the premiums? That s a questin yu prbably hear when yu re presenting an insurance cncept. Unfrtunately, the answer is generally n insurance

More information

INVESTOR PREFERENCES IN SELECTING A FINANCIAL ADVISOR. December 1, 2014

INVESTOR PREFERENCES IN SELECTING A FINANCIAL ADVISOR. December 1, 2014 INVESTOR PREFERENCES IN SELECTING A FINANCIAL ADVISOR December 1, 2014 1 Table f Cntents Page Objectives & Methdlgy. 3 Executive Summary 4 Detailed Findings... 6 Questinnaire. 14 2 Objectives & Methdlgy

More information

Fixed vs. Variable Interest Rates

Fixed vs. Variable Interest Rates Fixed vs. Variable Interest Rates Understanding the Advantages and Disadvantages f Each Rate Type When shpping fr financial prducts, there are a lt f factrs t cnsider. Much has changed in the financial

More information

The Franchise Commitment: Scotiabank Guide to Choosing a Franchise

The Franchise Commitment: Scotiabank Guide to Choosing a Franchise Franchising & Sctiabank The Franchise Cmmitment: Sctiabank Guide t Chsing a Franchise At Sctiabank, we recgnize the imprtant cntributin that franchised businesses are making t ur ecnmy. As a result, we

More information

The Ohio Board of Regents Credit When It s Due process identifies students who

The Ohio Board of Regents Credit When It s Due process identifies students who Credit When It s Due/ Reverse Transfer FAQ fr students Ohi is participating in a natinal grant initiative, Credit When It s Due, designed t implement reverse-transfer, which is a prcess t award assciate

More information

FundingEdge. Guide to Business Cash Advance & Bank Statement Loan Programs

FundingEdge. Guide to Business Cash Advance & Bank Statement Loan Programs Guide t Business Cash Advance & Bank Statement Lan Prgrams Cash Advances: $2,500 - $1,000,000 Business Bank Statement Lans: $5,000 - $500,000 Canada Cash Advances: $5,000 - $500,000 (must have 9 mnths

More information

ARE YOU INTERESTED IN THE PRIOR LEARNING ASSESSMENT (PLA) PROGRAM?

ARE YOU INTERESTED IN THE PRIOR LEARNING ASSESSMENT (PLA) PROGRAM? ARE YOU INTERESTED IN THE PRIOR LEARNING ASSESSMENT (PLA) PROGRAM? City University f Seattle recgnizes that learning ccurs in many different ways and under varied circumstances. As a result, the University

More information

College Counseling Policies

College Counseling Policies Chapter 3 Cllege Cunseling Plicies T he cllege search prcess can be an exciting and rewarding ne, but it can als be cnfusing, and there is much pprtunity fr miscmmunicatin. Please read thrugh the fllwing

More information

NAVIPLAN PREMIUM LEARNING GUIDE. Analyze, compare, and present insurance scenarios

NAVIPLAN PREMIUM LEARNING GUIDE. Analyze, compare, and present insurance scenarios NAVIPLAN PREMIUM LEARNING GUIDE Analyze, cmpare, and present insurance scenaris Cntents Analyze, cmpare, and present insurance scenaris 1 Learning bjectives 1 NaviPlan planning stages 1 Client case 2 Analyze

More information

R o t h IRAs : How They W o r k and How to Use Them

R o t h IRAs : How They W o r k and How to Use Them R t h IRAs : Hw They W r k and Hw t Use Them Rth IRAs differ frm ther tax-favred retirement plans, including ther IRAs (called "traditinal IRAs"), in that they prmise cmplete tax exemptin n distributin.

More information

CONTENTS UNDERSTANDING PPACA. Implications of PPACA Relative to Student Athletes. Institution Level Discussion/Decisions.

CONTENTS UNDERSTANDING PPACA. Implications of PPACA Relative to Student Athletes. Institution Level Discussion/Decisions. This dcument is intended t prvide NCAA member institutins with an infrmatinal guide regarding the ptential implicatins f the Patient Prtectin and Affrdable Care Act f 2010 (PPACA) when fully implemented

More information

Group Term Life Insurance: Table I Straddle Testing and Imputed Income for Dependent Life Insurance

Group Term Life Insurance: Table I Straddle Testing and Imputed Income for Dependent Life Insurance An American Benefits Cnsulting White Paper American Benefits Cnsulting, LLC 99 Park Ave, 25 th Flr New Yrk, NY 10016 212 716-3400 http://www.abcsys.cm Grup Term Life Insurance: Table I Straddle Testing

More information

Contact: Monique Goyens directorsoffice@beuc.eu

Contact: Monique Goyens directorsoffice@beuc.eu Cmparisn Websites Cntact: Mnique Gyens directrsffice@beuc.eu Ref.: X/2012/065-28/08/2012 BUREAU EUROPÉEN DES UNIONS DE CONSOMMATEURS AISBL DER EUROPÄISCHE VERBRAUCHERVERBAND Rue d Arln 80, B-1040 Brussels

More information

Corporations Q&A. Shareholders. 2006 Edward R. Alexander, Jr.

Corporations Q&A. Shareholders. 2006 Edward R. Alexander, Jr. Crpratins Q&A. What is a crpratin and why frm ne? A crpratin is a business entity that is separate and distinct frm its wners. It can enter cntracts, sue and be sued withut invlving its wners (the sharehlders).

More information

SUMMARY This is what Business Analysts do in the real world when embarking on a new project: they analyse

SUMMARY This is what Business Analysts do in the real world when embarking on a new project: they analyse S yu want t be a Business Analyst? Analyst analyse thyself. SUMMARY This is what Business Analysts d in the real wrld when embarking n a new prject: they analyse Why? Why are we ding this prject - what

More information

Using PayPal Website Payments Pro UK with ProductCart

Using PayPal Website Payments Pro UK with ProductCart Using PayPal Website Payments Pr UK with PrductCart Overview... 2 Abut PayPal Website Payments Pr & Express Checkut... 2 What is Website Payments Pr?... 2 Website Payments Pr and Website Payments Standard...

More information

Success in Mathematics

Success in Mathematics Success in Mathematics Tips n hw t study mathematics, hw t apprach prblem-slving, hw t study fr and take tests, and when and hw t get help. Math Study Skills Be actively invlved in managing the learning

More information

TO: Chief Executive Officers of all National Banks, Department and Division Heads, and all Examining Personnel

TO: Chief Executive Officers of all National Banks, Department and Division Heads, and all Examining Personnel AL 96-7 Subject: Credit Card Preapprved Slicitatins TO: Chief Executive Officers f all Natinal Banks, Department and Divisin Heads, and all Examining Persnnel PURPOSE The purpse f this advisry letter is

More information

Licensing the Core Client Access License (CAL) Suite and Enterprise CAL Suite

Licensing the Core Client Access License (CAL) Suite and Enterprise CAL Suite Vlume Licensing brief Licensing the Cre Client Access License (CAL) Suite and Enterprise CAL Suite Table f Cntents This brief applies t all Micrsft Vlume Licensing prgrams. Summary... 1 What s New in This

More information

CCPRF. Request for Proposals. Monitoring Services. November 25, 2009

CCPRF. Request for Proposals. Monitoring Services. November 25, 2009 CCPRF Request fr Prpsals Mnitring Services Nvember 25, 2009 Table f Cntents SECTION I... 1 1.1 INTRODUCTION AND OPPORTUNITY... 1 1.2 OBJECTIVES OF RFP... 1 1.3 STATEMENT OF WORK... 1 SECTION II... 2 2.1

More information

Special Tax Notice Regarding 403(b) (TSA) Distributions

Special Tax Notice Regarding 403(b) (TSA) Distributions Special Tax Ntice Regarding 403(b) (TSA) Distributins P.O. Bx 7893 Madisn, WI 53707-7893 1-800-279-4030 Fax: (608) 237-2529 The IRS requires us t prvide yu with a cpy f the Explanatin f Direct Rllver,

More information

What broader insights would you want to explore first to answer the CEO s questions?

What broader insights would you want to explore first to answer the CEO s questions? Setup The CEO f a majr client has requested a shrt-term study examining a small part f the client s prduct prtfli. The cmpany has a small divisin that manufactures autmatic drip cffeemakers fr the US and

More information

Phi Kappa Sigma International Fraternity Insurance Billing Methodology

Phi Kappa Sigma International Fraternity Insurance Billing Methodology Phi Kappa Sigma Internatinal Fraternity Insurance Billing Methdlgy The Phi Kappa Sigma Internatinal Fraternity Executive Bard implres each chapter t thrughly review the attached methdlgy and plan nw t

More information

Table of Contents. This document is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY.

Table of Contents. This document is for informational purposes only. MICROSOFT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. Table f Cntents Tp Pricing and Licensing Questins... 2 Why shuld custmers be excited abut Micrsft SQL Server 2012?... 2 What are the mst significant changes t the pricing and licensing fr SQL Server?...

More information

Relationship Disclosure Document

Relationship Disclosure Document Relatinship Disclsure Dcument Intrductin Lightyear Capital Inc. wuld like t welcme yu as a client f ur firm. We very much hpe t build a relatinship with yu that yu will find highly satisfactry. The purpse

More information

How to Finance your Investment

How to Finance your Investment Hw t Finance yur Investment Acquiring a Lan - Key Steps Using the bank's mney t finance the purchase f a business rather than using yur wn capital will give yu significant tax advantages, s speak t yur

More information

U. S. Department of Housing and Urban Development Washington, D.C. 20410-8000. December 20, 2000

U. S. Department of Housing and Urban Development Washington, D.C. 20410-8000. December 20, 2000 U. S. Department f Husing and Urban Develpment Washingtn, D.C. 20410-8000 December 20, 2000 OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER MORTGAGEE LETTER 00-46 TO: ALL APPROVED

More information

Frequently Asked Questions about the Faith A. Fields Nursing Scholarship Loan

Frequently Asked Questions about the Faith A. Fields Nursing Scholarship Loan ARKANSAS STATE BOARD OF NURSING 1123 S. University Avenue, Suite 800, University Twer Building, Little Rck, AR 72204 Phne: (501) 686-2700 Fax: (501) 686-2714 www.arsbn.rg Frequently Asked Questins abut

More information

Life Maker Pension Plan

Life Maker Pension Plan COVER PAGE Life Maker Pensin Plan IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. A pensin plan that helps yu plan yur secnd innings. INSIDE PAGES The Life Maker

More information

Change Management Process

Change Management Process Change Management Prcess B1.10 Change Management Prcess 1. Intrductin This plicy utlines [Yur Cmpany] s apprach t managing change within the rganisatin. All changes in strategy, activities and prcesses

More information

Reduce Your Homeowner Insurance Rates

Reduce Your Homeowner Insurance Rates Reduce Yur Hmewner Insurance Rates One f the mst frequent cmplaints I get frm my clients is the cntinued escalatin f hme insurance rates. Rates are increasing because f the years lng series f weatherrelated

More information

The Family Cost Share system is designed so families with the ability to pay will share in the cost of services.

The Family Cost Share system is designed so families with the ability to pay will share in the cost of services. Paying fr Early Childhd Interventin Services What is ECI? Texas Early Childhd Interventin (ECI) prgrams serve families with children birth t 36 mnths with develpmental delays r disabilities. ECI prvides

More information

IN-HOUSE OR OUTSOURCED BILLING

IN-HOUSE OR OUTSOURCED BILLING IN-HOUSE OR OUTSOURCED BILLING Medical billing is ne f the mst cmplicated aspects f running a medical practice. With thusands f pssible cdes fr diagnses and prcedures, and multiple payers, the ability

More information

Corporate Standards for data quality and the collation of data for external presentation

Corporate Standards for data quality and the collation of data for external presentation The University f Kent Crprate Standards fr data quality and the cllatin f data fr external presentatin This paper intrduces a set f standards with the aim f safeguarding the University s psitin in published

More information

March 2016 Group A Payment Issues: Missing Information-Loss Calculation letters ( MILC ) - deficiency resolutions: Outstanding appeals:

March 2016 Group A Payment Issues: Missing Information-Loss Calculation letters ( MILC ) - deficiency resolutions: Outstanding appeals: The fllwing tpics were discussed in the March 24, 2016 meeting with law firms representing VCF claimants. Grup A Payment Issues: We cntinue t fcus n paying Grup A claims in full and are meeting the schedule

More information

Getting Started Guide

Getting Started Guide AnswerDash Resurces http://answerdash.cm Cntextual help fr sales and supprt Getting Started Guide AnswerDash is cmmitted t helping yu achieve yur larger business gals. The utlined pre-launch cnsideratins

More information

WSI White Paper. Prepared by: Feras Alhlou Web Analytics Expert, WSI

WSI White Paper. Prepared by: Feras Alhlou Web Analytics Expert, WSI Optimize Yur Marketing Dllars During The Recessin WSI White Paper Prepared by: Feras Alhlu Web Analytics Expert, WSI Intrductin We have heard it many times, an ld management and marketing saying: Yu Can

More information

April 29, 2013 INTRODUCTION ORGANIZATIONAL OVERVIEW PROJECT OVERVIEW

April 29, 2013 INTRODUCTION ORGANIZATIONAL OVERVIEW PROJECT OVERVIEW April 29, 2013 INTRODUCTION The Mid-Atlantic Reginal Air Management Assciatin, Inc (MARAMA) is seeking t engage a cntractr t assist in updating f MARAMA s current website sftware and mve the website t

More information

OUR DISCIPLINARY POLICY

OUR DISCIPLINARY POLICY OUR DISCIPLINARY POLICY WHO is this plicy fr? Channel 4 emplyees wh ve passed their prbatinary perid Channel 4 managers This plicy des nt frm part f any emplyee s cntract f emplyment and we may amend it

More information

ERISA Compliance FAQs: Fiduciary Responsibilities

ERISA Compliance FAQs: Fiduciary Responsibilities Brught t yu by Mrris & Reynlds Insurance ERISA Cmpliance FAQs: Fiduciary Respnsibilities The Emplyee Retirement Incme Security Act f 1974 (ERISA) is a federal law that sets minimum standards fr emplyee

More information

Guidance for Financial Analysts to model the impact of aircraft noise on Flughafen Zürich AG s financial statements

Guidance for Financial Analysts to model the impact of aircraft noise on Flughafen Zürich AG s financial statements Guidance fr Financial Analysts t mdel the impact f aircraft nise n Flughafen Zürich AG s financial statements Zurich Airprt, March 17, 2015 Intrductin The bjective f this dcument is t explain the impact

More information

FTE is defined as an employee who is employed on average at least 30 hours of service per week.

FTE is defined as an employee who is employed on average at least 30 hours of service per week. On March 23, 2010, President Barack Obama signed int law cmprehensive health care refrm legislatin, the Patient Prtectin and Affrdable Care Act (H.R. 3590) passed in the Senate. The Health Care and Educatin

More information

Occupational Therapy

Occupational Therapy Health Prfessins: Occupatinal Therapy Overview f Prfessin Pre-Requisites Applicatin Prcess Timeline Admissin Exam- GRE Additinal Requirements Overview f OT Schl Imprtant Websites Overview f Prfessin: (surce:

More information

A Quick Read on the State of Small Business and the Small Business Success Index 2009 Baseline Study of Small Business Success

A Quick Read on the State of Small Business and the Small Business Success Index 2009 Baseline Study of Small Business Success A Quick Read n the State f Small Business and the Small Business Success Index 2009 Baseline Study f Small Business Success March 12, 2009 Spnsred by: Netwrk Slutins, LLC and Rbert H. Smith Schl f Business,

More information

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES REFERENCES AND RELATED POLICIES A. UC PPSM 2 -Definitin f Terms B. UC PPSM 12 -Nndiscriminatin in Emplyment C. UC PPSM 14 -Affirmative

More information

Financial advisory and taxation services in Australia

Financial advisory and taxation services in Australia Financial advisry and taxatin services in Australia CPA Australia The Institute f Chartered Accuntants in Australia The Natinal Institute f Accuntants Intrductin: Access t financial and tax advice Cnsumers

More information

The actions discussed below in this Appendix assume that the firm has already taken three foundation steps:

The actions discussed below in this Appendix assume that the firm has already taken three foundation steps: MAKING YOUR MARK 6.1 Gd Practice This sectin presents an example f gd practice fr firms executing plans t enter the resurces sectr supply chain fr the first time, r fr thse firms already in the supply

More information

Typical Interview Questions and Answers

Typical Interview Questions and Answers Typical Interview Questins and Answers Why d yu want t wrk fr this cmpany? Why are yu interested in this jb? The interviewer is trying t determine what yu knw and like abut the cmpany, whether yu will

More information

STANDARDS OF THE MINNESOTA LEMON LAW

STANDARDS OF THE MINNESOTA LEMON LAW STANDARDS OF THE MINNESOTA LEMON LAW The fllwing is a brief explanatin f mst relevant prvisins f the Minnesta lemn law. The cmplete text f the lemn law can be fund at Minn. Stat. Ann Sec. 325F.665. VEHICLES

More information

Conversations of Performance Management

Conversations of Performance Management Cnversatins f Perfrmance Management Perfrmance Management at Ohi State The Secnd Cnversatin ~ Develpment 2011 The Ohi State University Office f Human Resurces Cntents Intrductin Welcme t Develping Emplyees...

More information

WHITE PAPER. Vendor Managed Inventory (VMI) is Not Just for A Items

WHITE PAPER. Vendor Managed Inventory (VMI) is Not Just for A Items WHITE PAPER Vendr Managed Inventry (VMI) is Nt Just fr A Items Why it s Critical fr Plumbing Manufacturers t als Manage Whlesalers B & C Items Executive Summary Prven Results fr VMI-managed SKUs*: Stck-uts

More information

Cell Phone & Data Access Policy Frequently Asked Questions

Cell Phone & Data Access Policy Frequently Asked Questions Cell Phne & Data Access Plicy Frequently Asked Questins 1. Wh is eligible fr a technlgy allwance? First and fremst, the technlgy allwance is fr the benefit f the University, rather than fr the cnvenience

More information

Applying Project Management Principles to Life Insurance

Applying Project Management Principles to Life Insurance Applying Prject Management Principles t Life Insurance Kenneth W. Gdfrey, CLU, ChFC, CFP President & CEO Life Insurance Financial Evaluatins, LLC Octber, 2012 Applying Prject Management Principles t Life

More information

CCHIIM ICD-10 Continuing Education Requirements for AHIMA Certified Professionals (& Frequently Asked Questions for Recertification)

CCHIIM ICD-10 Continuing Education Requirements for AHIMA Certified Professionals (& Frequently Asked Questions for Recertification) CCHIIM ICD-10 Cntinuing Educatin Requirements fr AHIMA Certified Prfessinals (& Frequently Asked Questins fr Recertificatin) The transitin t ICD-10-CM and ICD-10-PCS is anticipated t imprve the capture

More information

QBT - Making business travel simple

QBT - Making business travel simple QBT - Making business travel simple In business travel, cmplexity csts. S, we ffer less f it. We adpt the latest technlgy and make it simple, transparent and highly persnal. S yu get mre f what yu need

More information

3/2 MBA Application Instructions

3/2 MBA Application Instructions 3/2 MBA Applicatin Instructins IMPORTANT INFORMATION Deadlines fr admissin are psted t the 3/2 MBA website. Applicatins are encuraged t be submitted by Nvember 1 f the Junir year. Please nte that all required

More information

A Walk on the Human Performance Side Part I

A Walk on the Human Performance Side Part I A Walk n the Human Perfrmance Side Part I Perfrmance Architects have a license t snp. We are in the business f supprting ur client rganizatins in their quest fr results that meet r exceed gals. We accmplish

More information

SWARTHMORE GIFT PLANNING

SWARTHMORE GIFT PLANNING SWARTHMORE GIFT PLANNING Gift Basics Thank yu fr serving as a 50 th reunin gift planning representative fr yur class. Yur supprt fr the Cllege and yur membership in the Swarthmre Legacy Circle will serve

More information

To discuss Chapter 13 bankruptcy questions with our bankruptcy attorney, please call us or fill out a Free Evaluation form on our website.

To discuss Chapter 13 bankruptcy questions with our bankruptcy attorney, please call us or fill out a Free Evaluation form on our website. Intrductin This Ebk fcuses n Chapter 13 bankruptcy, hw it wrks, and hw it helps yu eliminate debt and keep yur assets (such as yur hme). We hpe yu find this infrmatin t be helpful. T discuss Chapter 13

More information

Notice of Protection Provided by Utah Life and Health Insurance Guaranty Association

Notice of Protection Provided by Utah Life and Health Insurance Guaranty Association Ntice f Prtectin Prvided by Utah Life and Health Insurance Guaranty Assciatin This ntice prvides a brief summary f the Utah Life and Health Insurance Guaranty Assciatin ("the Assciatin") and the prtectin

More information

April 2011. In addition, we encounter valuation practices that present concerns in certain contexts, including:

April 2011. In addition, we encounter valuation practices that present concerns in certain contexts, including: April 2011 We wanted t take the pprtunity prvided by the AICPA s recent release f the expsure draft Practice Aid t share with ur clients and friends sme bservatins and best practice suggestins n this tpic.

More information

Patient Participation Report

Patient Participation Report Patient Participatin Reprt In 2011, Westngrve Partnership decided t establish a PPG (Patient Participatin Grup) that wuld allw us t engage with ur patients, receive feedback frm them and ensure that they

More information

Data Protection Act Data security breach management

Data Protection Act Data security breach management Data Prtectin Act Data security breach management The seventh data prtectin principle requires that rganisatins prcessing persnal data take apprpriate measures against unauthrised r unlawful prcessing

More information

The Cost Benefits of the Cloud are More About Real Estate Than IT

The Cost Benefits of the Cloud are More About Real Estate Than IT y The Cst Benefits f the Clud are Mre Abut Real Estate Than IT #$#%&'()*( An Osterman Research Executive Brief Published December 2010 "#$#%&'()*( Osterman Research, Inc. P.O. Bx 1058 Black Diamnd, Washingtn

More information

Legacy EMR Data Conversions

Legacy EMR Data Conversions Legacy EMR Data Cnversins Agenda Abut us Drivers fr EMR Replacement Things t Cnsider Tp 5 Reasns EMR Cnversins Fail Optins fr Legacy EMR Cnversin Case Study Abut Us Health efrmatics is a healthcare IT

More information

FREQUENTLY ASKED QUESTIONS (FAQs)

FREQUENTLY ASKED QUESTIONS (FAQs) EMPLOYMENT PRACTICES LIABILITY fr small businesses FREQUENTLY ASKED QUESTIONS (FAQs) What is Emplyment Practices Liability Insurance? Emplyment Practices Liability (EPL) insurance prtects an emplyer frm

More information

Marketing Consultancy Division (MCD) Export Consultancy Unit (ECU) Export in Focus. Export Market Expansion Strategies. Rabi-I, 1427 (April, 2006)

Marketing Consultancy Division (MCD) Export Consultancy Unit (ECU) Export in Focus. Export Market Expansion Strategies. Rabi-I, 1427 (April, 2006) Marketing Cnsultancy Divisin (MCD) Exprt Cnsultancy Unit (ECU) Exprt in Fcus Exprt Market Expansin Strategies Rabi-I, 1427 (April, 2006) 1 Exprt Market Expansin Strategies Intrductin It is clear that glbalizatin

More information

March 1, 2012. VIA E-mail to fcs-scf@fin.gc.ca

March 1, 2012. VIA E-mail to fcs-scf@fin.gc.ca March 1, 2012 VIA E-mail t fcs-scf@fin.gc.ca Ms. Leah Andersn Directr, Financial Sectr Divisin Department f Finance L Esplanade Laurier 20 th Flr, East Twer 140 O Cnnr Street Ottawa, ON K1A 0G5 Dear Ms.

More information

The Cost of Not Nurturing Leads

The Cost of Not Nurturing Leads The Cst f Nt Nurturing Leads The Cst f Nt Nurturing Leads The legacy yu are stuck in and the steps essential t change it Lisa Cramer President LeadLife Slutins, Inc. lcramer@leadlife.cm 770-670-6702 2009

More information

Defining Sales Campaign Automation How e-mail, the Killer App, is best applied to marketing

Defining Sales Campaign Automation How e-mail, the Killer App, is best applied to marketing Defining Sales Campaign Autmatin Hw e-mail, the Killer App, is best applied t marketing Summary: Cmpanies tday are steadily adpting strategies and technlgies t reach prspects, custmers, and partners thrugh

More information

RQ10.06 AACo Share Trading Policy

RQ10.06 AACo Share Trading Policy Australian Agricultural Cmpany Limited ACN 010 892 270 RQ10.06 AAC Share Trading Plicy Versin 5 This plicy was apprved by the Bard f Australian Agricultural Cmpany Limited n 15 December 2010. This plicy

More information

Financial Planning Agreement

Financial Planning Agreement Financial Planning Agreement This Financial Planning Agreement, the ( Agreement ), dated as f, 20, is by and between Vulcan Investments LLC, 2100 SuthBridge Pkwy, Suite 650 Birmingham, AL. 35209, an investment

More information

BridgeValley Community and Technical College Financial Aid Office 2015-2016 Maximum Hour Financial Aid Suspension Appeal Process

BridgeValley Community and Technical College Financial Aid Office 2015-2016 Maximum Hour Financial Aid Suspension Appeal Process BridgeValley Cmmunity and Technical Cllege Financial Aid Office 2015-2016 Maximum Hur Financial Aid Suspensin Appeal Prcess T receive financial aid administered by BridgeValley Cmmunity and Technical Cllege,

More information

SBA 504 Financing. Long Term Asset Financing Made Possible. Glen Heller, Relationship Manager Nancy Sheridan, Specialty Finance Officer

SBA 504 Financing. Long Term Asset Financing Made Possible. Glen Heller, Relationship Manager Nancy Sheridan, Specialty Finance Officer SBA 504 Financing Lng Term Asset Financing Made Pssible Glen Heller, Relatinship Manager Nancy Sheridan, Specialty Finance Officer These prpsals are cntingent upn final Chase Bank review and apprval frm

More information

Here are some simple guidelines to follow for making wise investments:

Here are some simple guidelines to follow for making wise investments: FAQ - Investment 1. What affects the value f mney? Mney has a tendency t lse its value ver time because the price f gds and services has an upward tendency. This is called inflatin. Here are sme factrs

More information

Access EEC s Web Applications... 2 View Messages from EEC... 3 Sign In as a Returning User... 3

Access EEC s Web Applications... 2 View Messages from EEC... 3 Sign In as a Returning User... 3 EEC Single Sign In (SSI) Applicatin The EEC Single Sign In (SSI) Single Sign In (SSI) is the secure, nline applicatin that cntrls access t all f the Department f Early Educatin and Care (EEC) web applicatins.

More information

A Guide to Understanding and Claiming the Disability Tax Credit:

A Guide to Understanding and Claiming the Disability Tax Credit: A Guide t Understanding and Claiming the Disability Tax Credit: The Gvernment f Canada ffers a variety f tax benefits t peple with disabilities. These benefits are prvided under the assumptin that peple

More information

A Guide for Writing Reflections

A Guide for Writing Reflections A Guide fr Writing Reflectins Writing Thelgical Reflectins What is thelgical reflectin? The purpse f Thelgical Reflectin (TR) is t identify and analyze a significant event and prcess the even frm a biblical

More information

THIRD PARTY PROCUREMENT PROCEDURES

THIRD PARTY PROCUREMENT PROCEDURES ADDENDUM #1 THIRD PARTY PROCUREMENT PROCEDURES NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS TRANSPORTATION DEPARTMENT JUNE 2011 OVERVIEW These prcedures establish standards and guidelines fr the Nrth Central

More information

Basics of Supply Chain Management

Basics of Supply Chain Management The Champlain Valley APICS Chapter is a premier prfessinal assciatin fr supply chain and peratins management and wrking tgether with the APICS rganizatin the leading prvider f research, educatin and certificatin

More information

Operating as an S corporation may be wise for several reasons:

Operating as an S corporation may be wise for several reasons: S Crpratin Facts S crpratins are similar t LLCs in that they prvide wners with limited liability prtectin while ffering the tax structure f a partnership. Many entrepreneurs have tw gals when chsing a

More information

Loan Repayment Planning Worksheet

Loan Repayment Planning Worksheet Lan Repayment Planning Wrksheet Date: Think f yur federal student lans as yur EDUCATION MORTGAGE. It is the financing yu ve brrwed t make this imprtant investment in yurself. The gd news is that this mrtgage

More information

Small Business Fraud Custom Study among Small Business Owners Conducted for SunTrust Banks/National Small Business Association/Edelman

Small Business Fraud Custom Study among Small Business Owners Conducted for SunTrust Banks/National Small Business Association/Edelman Small Business Fraud Custm Study amng Small Business Owners Cnducted fr SunTrust Banks/Natinal Small Business Assciatin/Edelman Octber 17, 2007 Objective & Methdlgy Objective In cllabratin with SunTrust

More information

QUÉBEC AUTOMOBILE INSURANCE INDUSTRY POSTS SOLID EARNINGS AGAIN IN 2007

QUÉBEC AUTOMOBILE INSURANCE INDUSTRY POSTS SOLID EARNINGS AGAIN IN 2007 QUÉBEC AUTOMOBILE INSURANCE INDUSTRY POSTS SOLID EARNINGS AGAIN IN 2007 [TRANSLATION] FOR IMMEDIATE RELEASE Québec City, April 16, 2008 The Autrité des marchés financiers (AMF) annunces the release f its

More information

We will record and prepare documents based off the information presented

We will record and prepare documents based off the information presented Dear Client: We appreciate the pprtunity f wrking with yu regarding yur Payrll needs. T ensure a cmplete understanding between us, we are setting frth the pertinent infrmatin abut the services that we

More information

Graduate school Guide

Graduate school Guide Graduate schl Guide Chsing a Field, Applying t Schls, Actin Plans The Best Way t Prepare fr Graduate Schl! Radfrd University Career Center (540) 831-5373 www.radfrd.edu/careers Intrductin After fur (r

More information

Contractor Focus Legal View From Dundas & Wilson on Commonly Asked Construction Contract Questions

Contractor Focus Legal View From Dundas & Wilson on Commonly Asked Construction Contract Questions Cntractr Fcus Legal View Frm Dundas & Wilsn n Cmmnly Asked Cnstructin Cntract Questins 1. Des the level f my PI insurance cap my financial liability under the cntract? I was recently asked this questin

More information

FACILITIES DESIGN & CONSTRUCTION OFFICE OF ENERGY MANAGEMENT UTILITY SERVICES, REPORT ON LONG-RANGE PLAN 2014

FACILITIES DESIGN & CONSTRUCTION OFFICE OF ENERGY MANAGEMENT UTILITY SERVICES, REPORT ON LONG-RANGE PLAN 2014 FACILITIES DESIGN & CONSTRUCTION OFFICE OF ENERGY MANAGEMENT UTILITY SERVICES, REPORT ON LONG-RANGE PLAN 2014 TABLE OF CONTENTS Intrductin......1 Descriptins f Current Cntract Gals and Strategies fr Lng

More information

What Should You Expect From Your Broker-Dealer?

What Should You Expect From Your Broker-Dealer? What Shuld Yu Expect Frm Yur Brker-Dealer? Yu and yur practice are unique. Yu ffer experience, a niche and clients, and yu have needs and gals t succeed in business. When it cmes t the health and well-being

More information

SCHOLARSHIP APPLICATION

SCHOLARSHIP APPLICATION Assciatin f State Dam Safety Officials UNDERGRADUATE SCHOLARSHIP APPLICATION SUBMIT APPLICATION AND ATTACHMENTS POSTMARKED BY MARCH 31, 2016 TO: Assciatin f State Dam Safety Officials 239 S. Limestne Lexingtn,

More information

Integrate Marketing Automation, Lead Management and CRM

Integrate Marketing Automation, Lead Management and CRM Clsing the Lp: Integrate Marketing Autmatin, Lead Management and CRM Circular thinking fr marketers 1 (866) 372-9431 www.clickpintsftware.cm Clsing the Lp: Integrate Marketing Autmatin, Lead Management

More information