Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Insurance
Finance Discussion Forum

 At the end of the day, who pays for unemployment?
I had a pretty high paying job (for my age) in the restuarant industry and during that time I took a loan out, and a motorcycle payment in addition to my regular bills (car, phone, insurance, rent ...


 I injured myself at work. Been on workers comp for 3 months. Got cleared and now find i out i don't.....
have a job. What kind of legal action can i take? If i sue, can i just sue to get my job back or what? I live in florida....


 If I have homeowners insurance but my drivers license says another address will they still cover me....?
yes the property is in my name and so is the insurance
Additional Details
well yea i did have one for both address but the other one was in the ...


 Insuring engagement ring and jewelery in general...?
I currently have my engagement ring and a few watches added on to our home owners insurance policy, however, when changing policies recently (I live in FL) our agent mentioned that a separate policy ...


 What is the best website in the UK for buying travel insurance for trips to USA?
I am a freelance IT worker and need to go to my client's headquarters in USA and work there for 2 weeks. I will be grateful if someone can recommand a good web site for such insurances....


 Workers Comp. Question?
Hey guys - i have a question - i got hurt at work on Halloween - my boss hit me with the door on an accident - well i have been goin through physical therapy and stuff - turns out im probably goin to ...


 I recently bought Health insurance...$2000 deductable....I still don't....?
understand how it works..................suppose I go to doctor, pay co-payment of $50 dollars...would the insurance company pay the rest for that visit...plz. tell me....


 Should Health Insurance be Illegal?
Think about it, if health insurance was illegal hospitals/doctor's offices wouldn't charge outrageous amounts of money for relatively simple and easy proceedures. Since the majority of A...


 Is there insurance to cover foundation damage caused by natural settling of the soil?
I am looking to purchase insurance to cover my slab foundation from the natural settling of the soil around my home.
Additional Details
There is currently no damage to the foundation. It ...


 My father left me as the beneficiary on his life insurance policy, his estate is going thru probate?
there are family members contesting can that be introduced into probate....


 Does anyone know of any affordable health insurance companies for individuals living in Ohio?
...


 Can atheists get insurance for acts of God?
...


 How might I earn money from others misfortune?
maybe bogus retro active insurance ...


 Will the federal government offer any assistance to homeowners affected by a major earthquake?
homeowners with no earthquake insurance in CA....


 Fridge water filter broke, flooded apartment below mine. Will my homeowners insurance cover it?
They've sent me a letter saying that because it wasn't my fault and I was not negligent, they will not cover. According to them I am not liable!!! This is ridiculous, because I caused a lot ...


 Insurance paid out too much, Am I obliged to give it back?
After a solicitors firm managed to draw out a car insurance claim for 18 months I finally settled 50/50 on the incident, instead of refunding me 50% (£400) of my excess the solicitors paid me 100% (Â...


 What is the average settlement for emotional pain and suffering?

Additional Details
I'm writing a paper for college, and i could really use this info. Not like i'm thinkin about pressing charges :)...


 What should you look for when getting life insurance?
...


 Pitbull and homeowners insurance?
My insurance company is threating to drop me because I own a bully....can they really do this is there anyway to fight this?...


 I'm a single mom trying to write a will.?
Who do I make the life insurance policy out to in order to establish a trust for my child?...



desiboy
My friend is asking a difficult question?
My friend is asking a question, his father and mother are healthy now , they are aged about 60 and 55 respectively . currently they dont have any insurence cover , what if something happens suddenly , how can he arrange the money, where he can go for money or how can he plan from now only ,,,,,,,, but he is getting a salary of 8k to 10 k , his age is 28 how can he plan he is very much worried abt this pls give any solutions
                     
 




Dan
If his parents are 60 and 55 and are healthy, why is he worrying about their insurance coverage? Why aren't they still working, and providing their own coverage. If they are irresponsible enough so as to not worry about their own child/children, and handle their own business affairs, it certainly is not his problem. The only part of this situation that DOES affect him is that once these folks have disappeared from the scene, someone, somehow, will have to provide for their final expenses (funeral, burial, cremation, etc). What I would do if I were him (and this is based on the assumption that he is an only child) is begin a savings account or money market fund (something that earns interest, BUT that will let you write checks), and I would designate those funds as a final expense fund for the parents. It is generally assumed that most likely they will not die at the same time.

In most areas, you could set aside $15K and provide a respectful but "no frills" service for the parents. If one service cost more than $7500, and one parent died, you could spend what it took, and then begin the process of saving for the other parent. I know this is a morbid topic, but as a licensed life insurance agent, I have seen failure to want to talk about this topic ruin many a family's finances when that time comes.

Purchasing of a small insurance policy would accomplish the same thing, but.......that would be just another bill to pay, which he doesn't sound as if he can afford. If he could squeeze out $100 month for a few years, or work a second job a few hours a week JUST to earn the money to go into this fund, he could have the fund completely established AND funded for one parent in less than 5 years, and will have incurred no other obligations in the process. Hope this works for him.


job_charnock
Your friend may try this Risk Free & Novel Earning Opportunity that is making Internet Millionaires in India without wasting time, money & energy:-

http://www.arup.invest300.com/


Bharat
Rating
life insurance at this age is not worth. better save for tomorrow


Joshi A
It is a good example
We learn lessons form past mistakes.
Instead of worrying too much - that ofcourse is useless- he should start saving money by investing a part of his income in some good insturments. So that he can provide a secure future to his dependents.


huneyhuuush
It's sad that your friends parents aren't prepared for the "unknown". Unfortunately, it's not his problem that his parents don't have life insurance. If something happens all their stuff will probably go through probate first and any outstanding debts will be paid out of that. Most likely he'll have to sell everything they own in order to bury them.


cool dude
he must save money rather than having an insurance cover for them


He doesnt hav to save too much a month ,,,,, only 0.5k per month will help a lot


neths
Rating
His parents have made a mistake.U people dont repeat the same. .First u and ur friend get ur lives insured.God is with him to take care of his parent's health.
For more details about insurance log onto http://www.way2victory.com


shiprepairwoman
Rating
He can't help them since he is low income. They would need to sell assets if they run up bills they can't pay. Going without insurance risk their entire financial picture and they many not get needed medical services without prepaying.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy