All About Unemployment and Worked Related Disability Insurance

Update August 30, 2010 Update "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-08-29T08:30:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Social Security Disability SSI and Unemployment
By Linda Meckler

Do you receive Social Security Disability SSI monthly payments. Are you working part time? Are you receiving un-employment at the same time?

When you received SSI payments every month it means you have some sort of disability either physical or mental.

If you are one of the lucky few who can maintain some sort of employment part time, you must submit your original pay stubs to the SSI office. This way the amount of money you receive monthly is correctly calibrated.

These check stubs must be turned in each month either in person at the Social Security Office or through the mail. Always keep a copy of your check stubs. Paperwork can always get misplaced.
The easiest and safest way to receive your SSI checks is in your checking or savings account. This way you do not have to worry about your check being lost or stolen.

If you do not turn in your pay stubs you are probably have an SSI overpayment. This means in simple terms you are in deep trouble. SSI wants their money back. They will start recouping their money every month. They will come up with an amount which will be removed before you receive your money. Or you may lose your SSI altogether.

If by some slim chance you are receiving unemployment while you are receiving SSI you must report your earnings to the unemployment office. This is done by including the amount of money earned on the unemployment form you feel out when you receive your checks. Then let us take it one step further. You must give SSI a copy of every unemployment check stub.

The SSI money comes from one government plan and the unemployment money comes from another plan. If you think that it is government money and your income will be automatically adjusted by the computer, you are mistaken.

When your unemployment has ended you must supply the SSI or Social Security office with the copy of the unemployment statement. Then and only then can your account be adjusted properly.

Over payments are easy to do. Be smart. If you are receiving SSI monthly payments make sure you make sure it is reported to SSI.

You can fill out a waiver form so you can appeal your claim. When you are on SSI you must be able to be able to receive enough money to survive. Meaning home and food.

Thank you for reading my article. Please feel free to read any of my numerous articles on various subjects.
Copyright Linda E. Meckler

Linda is the author of her first published book, Ghost Kids Trilogy. "Christy, 12 and her Brother Brad, 16 move into an old house and meet Ghost Kids. Adventures keep you mystified until the hunt for Pirates' Treasure. Love, Family Values and Charity burst off the pages.

New published book Fight Your Medical Insurance Nightmares!! Let me show you how. Money!!!

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Article Source: http://EzineArticles.com/?expert=Linda_Meckler

Update August 13 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-08-12T07:37:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Supplement Disability and Unemployment Insurance Can Prevent Foreclosures and Bankruptcy
By Marilyn Katz

Reasons For Mortgage Delinquencies

We went right to the source to find out the major reasons that families get behind on mortgages and bills: Freddie-Mac. Almost half of the mortgage delinquencies were caused by unemployment and loss of income! The second factor that caused families to get behind on their mortgages was a family illness. An illness could prevent a wage earner from working, and while Americans may have health insurance, many are not covered for disability. A much smaller percentage of Americans were simply over extended, or actually had a death in the family.

Can We Prevent The Causes For Mortgage Delinquencies?

We cannot prevent layoffs, and it seems like we get the news every day about large companies cutting back on staff. Many American workers, through no fault of their own, find themselves out of work. This can happen very suddenly and the workers have no chance to prepare themselves.

A worker may take months to find another job, or they may have to take a job for much less money because they have an urgent need to pay bills. Even when state unemployment insurance kicks in, the amount is usually much less than the income it is replacing. A normal state unemployment check may cover groceries, but will not pay a mortgage or keep the lights on.

In the case of illness or accident, there is no way to go back to work. If the worker has no disability coverage, it can take month or years to qualify for social security disability benefits, even if the worker can qualify at all!

Private Mortgage and Unemployment Insurance Provides Peace Of Mind

If you are employed, and are responsible for monthly bills like mortgages, utilities, and grocers, then you will want to consider a private mortgage insurance policy. The plans are easy to quote and apply for online, and they will provide security at a very affordable price. If you do not have any disability insurance, this is an affordable and simply way to obtain that important coverage. Even if you do carry some disability insurance at work, you can still obtain this plan, and since you own this plan, you do not have to worry about keeping it if you lose your job!

But most important, disability and health insurance will not cover you for involuntary job loss! However, we can tell you how to do that. You can continue your life, secure in the knowledge, that even if you job ends, your financial security will be extended. You can look for the right job, instead of taking a job in a panic.

Even though these private unemployment and mortgage protection policies are easy to apply for, and do not require health questions, some limitations apply. For instance, the qualification for unemployment benefits is generally the same as the qualification for state unemployment benefits. However, even if you do not think you qualify for that portion, because you are self employed or a business owner, you can certainly take advantage of disability or life benefits with no health questions.

Make sure you talk to a licensed representative or read further to make sure they fit your own needs.

Visit us for more information about Disability and Unemployment Insurance Online. Protect your home and finances with one quick Mortgage and Finance Protection Online Quote Form.

http://www.best-mortgage-protection.com/

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Article Source: http://EzineArticles.com/?expert=Marilyn_Katz

Update July 26 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-07-26T08:17:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Taking a Look at Short Term Disability Insurance
By Mike Selvon

In 2005 alone, there were more than 24 million disabling injuries. That's 2,750 every hour, says the National Safety Council! While all of these incidents did not result in permanent injury or the need for long term disability insurance, they did require some time off and many people were concerned about lost wages and how to cover basic living expenses. Luckily, most working adults pay into a system of disability insurance through their employers, so they'll be covered should they ever need it. Self-employed individuals and contract employees may opt into a similar system to protect their wages as well.

One type of short-term disability insurance applies to the states of California, Hawaii, New Jersey, New York and Rhode Island only. These locations offer State Disability Insurance benefits, which may also be referred to as temporary disability insurance. When a person comes down with an illness or non-work-related injury that is expected to last for a short amount of time, they can receive partial wage replacement under this program. These state programs pay maternity disability benefits for pregnancy and childbirth as well.

Workers may be able to go back to work -- either with the same employer or a different employer -- and will still receive a certain percentage of their new pay. The money for these programs is paid through automatic payroll deductions, so any non-government employee is eligible, even if they are currently out of work. (However, they will not be eligible for SDI and unemployment insurance at the same time.)

Once you apply for short-term disability insurance, you will have to wait to see if you're approved. On average, this can take anywhere from one day to 14 days. If approved, you will receive back-pay for the waiting period.

Injuries generally clear much faster than illnesses, for which you will need a medical doctor to provide verification documentation on your disability insurance claims. If you disagree with the rejection of your claim, then you may appeal the determination, file a lawsuit or both. If you intend to appear in court, it's advisable to have an attorney who specializes in disability benefits law.

Short-term disability insurance frees you from worrying about how you're going to pay the bills or cover basic daily expenses as you recuperate from a sudden illness or injury. In some cases, you may be quite certain that you're filing for disability long term, but you must first make a claim for short-term benefits and then re-apply for long-term benefits once your temporary disability insurance runs out. In some cases, you will need to apply for social security disability if you are over age 65 or worker's compensation if you were hurt on the job. You aren't mandated to stay at home for the entire time you're rehabilitating; in fact, many employers encourage you to come back to work, even in part-time as you heal.

Visit us for free tips and training to help you make quick easy money and have the financial freedom you deserve.

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Update July 09 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-07-08T16:51:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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How California State Disability Insurance Impacts Your Maternity Leave

By Kevin Haney

California is one of only five states with a mandated short term disability insurance program. And of the five, it has some of the richest benefits. This is especially good news for working women about to go out on maternity leave. Be sure you qualify for benefits before getting pregnant. Not every California employee is automatically covered.

California State Disability Insurance

California State Disability Insurance is also commonly referred to as California SDI. This is a short term disability insurance program for people who work in the state of California. CA is one of only five states that mandate this type of insurance coverage.

Of the five states with coverage, California is near the top of the list when it comes to the total amount of income replacement, but in the middle on percentage terms. The program will replace up to 55% of your income, which is in the mid range of the five states.

But the hard dollar cap of $987 per week beginning in 2010 comes out on top. This means that higher income wage earners will get a higher level of income replacement. A person earning $93,316 per year or more will be subject to the cap.

What this Means for Maternity Leave

This means that women working in California will get a decent wage during maternity leave.

Of course, this only applies if you have coverage. The mandate applies only to those subject to the California Unemployment Insurance Code. Certain worker groups are not automatically covered. Find out if you are covered before getting pregnant, as pregnancy is considered a pre-existing condition.

Find out if you are covered by California SDI before getting pregnant.

Kevin Haney is a licensed health insurance agent helping growing families generate maternity leave income, and protection just in case by using supplemental family insurance benefits.

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Update June 19 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-06-19T08:23:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Protect Yourself Against Redundancy With Accident, Sickness and Unemployment Insurance (ASU)

By John J Doherty

Accident, Sickness & Unemployment Insurance (ASU Insurance)

Accident Sickness and Unemployment insurance is the only type of insurance policy that covers you against losing your income through redundancy.

These days, every manufacturing company faces monumental challenges in an increasingly competitive global marketplace. As an employee with ASU insurance, you have the peace of mind of knowing that your family's welfare and lifestyle will be maintained, if you become unemployed due to job cuts, or simply through ill-health.

You really can use ASU to 'redundancy-proof' your household and your family!

What does ASU insurance provide?

ASU insurance is a time-limited insurance product that provides short-term assistance in paying your debts, in the event that you are temporarily unable to work.

ASU cover usually starts a month after you stop work, and pays out for a limited period of 12 or 24 months, depending on the policy.

When considering ASU insurance, reading the small print is essential, as there are important differences between the various policies available. It is particularly important to check which health conditions are covered by each policy, and if you have had a particular health issue in the past, to make sure that is included, or, more importantly, that it is not excluded for you.

An ASU insurance policy pays out only once, so that the policy ends when you claim. This makes it necessary to renew your cover with a new policy, if you require similar cover when you return to work.

Inaccurate detail at the application stage can affect your claim

It is crucial to be open and honest about your health history and lifestyle, when applying for this and all insurance. The insurer may not check your GP's files when you apply, but will certainly do so if you make a claim. There may also be questions relating to the health of your parents, concerning conditions such as heart disease, which can have a hereditary element. If you fail to provide accurate information, even if this is done inadvertently, the company may have grounds to refuse to pay out.

Mortgage Payment Protection Insurance

ASU insurance, when taken out specifically to protect mortgage repayments, is known as Mortgage Payment Protection Insurance (MPPI).

Again, the policy usually starts to pay a month after you stop work, and pays out for a limited period of 12 or 24 months.

MPPI is not necessarily required by mortgage companies, it is usually a voluntary option for home owners. If you do decide to buy this cover, there is no obligation to buy it from your mortgage provider. You are free, and indeed wise, to shop around for the best policy.

An independent financial adviser will have access to these insurances from all providers on the market, and can locate the policy that is right for you.

Principle First Chartered Financial Planners is one of the leading UK independent financial advisers and distributors of mortgages, insurances, pensions, investments, and ISA accounts. In 2008, Principle First became one of the few financial advisers to achieve the status of Chartered Financial Planners, the UK's 'gold standard' in financial advice. Find ASU insurance advice at principlefirst.co.uk.

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Update May 29 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-05-30T07:34:00.000-07:00

By Carolyn Magura

You have read the information about the need for disability insurances, and have checked out your company benefits to find that you DO NOT have short term disability (STD) or long term disability (LTD) plan coverage. If this is your situation, read the following. The time to do so is BEFORE you need to use that insurance!

The rest of you have checked out your company benefits and find that you DO have STD and LTD plans. Now you want to learn more about Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).

(Note: a denial on behalf of an insurance company for LTD does not necessarily have an impact on your ability to successfully apply and be accepted for SSDI coverage.)

Social Security Disability Insurance

If you qualify for Social Security (i.e., if you have acquired at least 40 quarters of Social Security contributions) and are suffering from a disability, you may be able to receive monetary benefits from the Social Security Administration. Also, in some situations these disability benefits may be awarded to you and your dependents.

Social Security Disability Benefits or SSDI are paid to individuals who have worked in the recent years. Usually you have to work 5 out of the last 10 years. For individuals under 31 years old, the requirements are a little different since they have not been in the work force as long.
Under the federal Social Security Disability Act, "disability" means the "inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period of not less than 12 months or result in death."

The Workbook described at http://www.disabilitykey.com contains a step-by-step "How To" guide to assist you in documenting your illness/injury symptoms and their impact on your every day normal living activities.

Supplemental Security Income (SSI)

The Supplemental Security Income program is funded by the general revenues of the Federal Treasury and is intended to provide a minimum level of income to persons who are aged, disabled, or blind and demonstrate economic need. The SSI program is meant to supplement any income an individual might already have to ensure a certain level of income to meet basic living expenses. The dollar amount received in SSI on a monthly basis varies from person to person and is computed each month, taking into account an individual's current financial situation.
For an individual to be eligible for SSI they must be disabled, or blind, or aged and have little or no income and resources. A person must fit into one of the following categories: Disabled, Blind (20/200 or less in your better eye with glasses or a filed of vision less than 20 degrees), or Aged (refers to be 65 years of age or older).

To be eligible for SSI a person must meet an income as well as resource test. SSI resource limits are set by statue and a person's countable or real personal property, including cash, must not exceed the specified amount to qualify. The current resource limit is $ 2,000 for an individual and $3,000 for a couple. Income includes earned income (which refers to monthly gross earnings), and unearned income such as Social Security Disability Insurance (SSDI) or any other type of benefit or monetary support a person receives. A standardized formula, which takes into account earned and unearned income is used by SSA to compute the dollar amount of SSI cash benefit that a person qualifies for. This formula is applied during the initial eligibility determination and an individual must qualify for some dollar amount of SSI to meet the income test.

The specifics of qualifying for SSI are quite complicated.
The next time, we will talk about COBRA (and no, it is NOT a snake) OBRA, and their relationship to Medicare and/or another health insurance plan.

These are all of the traditional disability insurances. Now we will discuss what they are, and why you should care!

STD is an insurance that you are usually provided by your Employer. It is an Insurance plan that pays out a certain amount of money for a short period of time (normally, no longer than 6 months). There is usually a week of what is called "qualifying" time before the STD payment will kick in. Most folks can take sick leave, vacation time, paid time off, or some other sort of time for this qualifying time. This type of disability payment is for an illness or injury of a limited period of time. An STD payment ranges from a low amount that would equate to a state's Unemployment payment, to a maximum of about 66% of base pay. To know about the specifics of your plan, ask the appropriate people for a copy of your STD plan's Summary Plan Description.

LTD, or long term disability insurance payment usually results from a physical or mental illness that prevents an employee from performing the job that they occupied at the time the illness/injury occurred. To receive the disability benefits insurance payment, the plan participant must qualify, based on the particular plan requirements. There also is a qualifying period of time for LTD, just like for STD, only the average LTD qualifying period of time is usually 6 months. Again, like STD, the payment out of an LTD plan is plan-specific, and can range from a finite dollar amount to a percentage of base pay.

Key issues to research in your LTD disability insurance plan include, but are not limited to: pre-existing conditions; "own occupation" vs "any occupation" timeframes; whether or not the monthly benefit payment is taxable or tax free; etc. (Normally, the rule of thumb is that if the company pays for the LTD plan premiums, the benefit is taxable upon receipt; if the covered person pays for the plan premiums, the benefit is tax free.) Again, for specifics about your LTD plan, check out your Summary Plan Description.

Disability and Medical Insurance definitions. You have plans, and you have read about such things as: COBRA, OBRA, Own Occupation, Any Occupation, etc., and you REALLY want a simple definition. Well, we have them for you.

To see a Timeline that makes graphic sense about all of these definitions, please see http://www.disabilitykey.com. To ask a question, add onto one of these blogs.

DEFINITIONS

1. ACTIVE: Active medical insurance coverage means that you and/or your family are covered by a medical insurance plan. Usually, these plans are "group" plans carried by your, or your spouse's employer (in which case, you are the "covered dependent").

2. COBRA: COBRA is an acronym for "Consolidated Omnibus Budget Reconciliation Act". It refers to an active medical coverage person's ability to continue coverage as an inactive participant for 18 and, sometimes 36 months, when a "triggering event" occurs. Loss of active coverage status is a triggering event. A triggering event includes, but is not limited, to the following: loss of active coverage because the primary covered person lost his/her job (for any reason); divorce; a covered child's age exceeds that covered in the Plan. The cost of COBRA coverage is at least 100% of the Employer's cost, and can be 102% or 105%.

3. OBRA: OBRA rules allow a "qualified" disabled person to extend COBRA for an additional 11 months based on disability. There are key conditions; 1) the person must be SSDI qualified; 2) the person must request OBRA within the first 60 (sometimes 30) days of having received the SSDI determination letter; and, 3) the Plan Administrator may charge 150% of the COBRA price for coverage.

4. Medicare: When a person becomes SSDI-qualified, s/he is eligible for Medicare 24 months from the date of the first month of SSDI payment. As there is a 5-month waiting time from SSDI-qualification until the first month of payment (and this occurs the second Wednesday of the months AFTER the 5th month), the actual waiting time is 29 months.

5. HIPAA: HIPAA is an acronym for Health Insurance Portability and Accountability Act of 1996. It is a way for people who either do not choose COBRA, or who need to trigger additional health insurance before Medicare, to obtain some coverage.

6. 30-180 day Elimination Period for LTD: In most cases, a company's LTD (long term disability) plan has an elimination period of time equal to the length of the company's STD (short term disability) coverage. During this time, the employee is expected to obtain income any way s/he can.

7. Own Occupation: To be found "disabled from your own occupation" means that you have been determined to be unable to perform the "work" that you had successfully performed prior to evidence that your illness/injury symptoms impaired your satisfactory performance of the essential duties of your job. The key here, is that the evidence must prove that your inability to successfully perform your "own occupation" must ONLY be attributed to impairment caused by the symptoms from your proven, documented, disabling illness/injury.

8. Any Occupation: To be found "disabled from any occupation" means that, in spite of your age, level of education, and previous job history, the symptoms of your proven, documented disabling illness/injury impair you from performing work of any occupation. The reason, for LTD insurance purposes, that this impairment from performing work of any occupation is periodically reviewed, is that there are times when a person's physical capabilities can improve. Disability pay only continues as long as there is proven evidence that the symptoms impair "work". Often the "periodic review" occurs annually.

About Disabilitykey.com & Carolyn Magura: Disabilitykey.com is a website designed to assist each person in his/her own unique quest to navigate through the difficult and often conflicting and misleading information about coping with disabilities.

Carolyn Magura, noted disability / ADA expert, has written an e-Book documenting the process that allowed her to:

a) continue to work and receive her “full salary” while on Long Term Disability; and

b) become the first person in her State to qualify for Social Security Disability the FIRST TIME, in UNDER 30 DAYS.

Click here to receive Carolyn's easy-to-read, easy-to-follow direct guide through this difficult, trying process. If you are disabled, don't let this disabiling process disable you. Read Carolyns Disability Key Blog.

Update May 10 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-05-10T06:39:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Unemployment Mortgage Insurance Vs Disability Or Death Mortgage Insurance

By Robert McKnight

Many questions exist about the different lines of mortgage protection insurance. Because of the growing number of home foreclosures and high unemployment, you are searching for more information about this type of insurance. Many wonder about the differences between the different types of mortgage protection insurance and which one is the best for them.

The real question many face is should you get unemployment mortgage insurance, disability or death mortgage insurance.

Unemployment Mortgage Insurance Explained

Unemployment mortgage insurance is for those who simply want protection in the event they lose their job. If you lose your job through no fault of your own, the mortgage unemployment insurance provider will pay you a cash benefit while you search for a new job.

The recent unemployment crisis in the U.S. has many people worried about the security of their job. You would not be crazy to be worried, nor would you be crazy to consider this type of mortgage protection insurance. While this type of insurance can be valuable to anyone who is the breadwinner for a family, it is suited more for the younger worker who needs the extra protection.

Disability Mortgage Insurance Explained

This type of insurance is designed to protect those who lose their job due to disability and are no longer able to pay their monthly mortgage. This can be a short-term disability or permanent disability. However, if you become permanently disabled, your disability insurance will only pay for a specified period of time. It depends on the policy how long that will be, though the more expensive policies will generally cover you for about three years worth of mortgage payments.

Disability mortgage insurance is very similar to other forms of mortgage insurance in that it covers your monthly mortgage payments due to a loss of employment. In fact, some unemployment mortgage policies will allow you to add disability coverage as a reason for unemployment and roll both into the same policy.

An accident or any other reason can result in your disability at any time, but as you age, the likelihood of becoming disabled increases. Because of this, disability insurance is generally more beneficial to older workers where the risk is higher.

Death Mortgage Insurance Explained

Death mortgage insurance is a little different from other forms of protection insurance. Death insurance will pay the entirety of your mortgage in the case of your death. It is designed to lessen the burden of your family and allow them to keep the home you have provided for them.

Similar to disability insurance, it can be beneficial to a worker of any age because of the chance of an accident or terminal illness. However, older workers are more likely to purchase this type of insurance because of the higher risk. You should consider that younger workers with families who have not yet built up their savings and investments are the prime beneficiaries of this type of protection in the case of an accident.

All three of these types of mortgage protection insurance can be beneficial to you if you want to add protection for your largest personal investment. You should examine your own situation to decide which type of coverage is best for you. Keep in mind though, unemployment insurance, disability mortgage insurance, and death mortgage insurance are not mutually exclusive and you can indeed seek complete protection with all three polices from some providers.

Be sure that you take the appropriate measures to protect yourself and your family should the unfortunate and the unforeseen happen. Get started finding mortgage protection insurance today!

Update April 15 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-04-15T05:34:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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RDSP - A Useful Saving Plan to Secure the Future of Disabled People

By Susan J Brown

Now you need not to much worry about your near and dear ones who are suffering from the disability. The Canadian government has been assisting them through many beneficiary schemes to uplift their financial and social conditions. The Registered Disability Saving Plan (RDSP) is one such scheme by which the affected people can have a dependable solution for a long time. It is a good opportunity to find a future financial security through the lucrative saving plans.

There are certain criteria to avail these saving plans in case of long-term disability. Its major and basic provisions are- the applicants should be under age of 60; they should be a Canadian resident with a Social Insurance Number (SIN); eligible for the Disability Tax Credit and looking for a long-term saving plan.

The government deposits money into your RDSP by the Canada Disability Saving Grant. For this government provides grants of up to 300 per cent, depending on the amount contributed. The maximum amount is $3,500 each year, though there is upper limit of $70,000 over the lifetime of disabled persons. Another plan is Canada Disability Saving Bond, under which government deposits money into the RDSPs of low-income and modest-income citizens. The eligible people could receive up to $1,000 a year from the Government, with a limit of $20,000 over their lifetime.

The RDSP is a long-term saving plan that especially provides benefits to the disabled persons. It encourage savings, grants and bonds for at least 10 years and there is no impact on federal benefits, such as the Goods and Services Tax Credit, the Canada Tax Benefit, Old Age Security, and Employment Insurance. There are no restrictions how and for what purpose the fund is being used.

For more information regarding: RDSP, disability tax credit, disability. Please visit: Thenba.ca

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Update Mar. 20 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-03-20T04:33:00.000-07:00

By Saurabh Dutta

If a person gets unemployed without any fault of his own, then he is eligible for taking the advantage of unemployment insurance for a particular duration of time or till he is not able to find a new job. You must know that these benefits are not entitlements but a form of insurance and therefore be very clear about the rules for collecting unemployment benefits.

Federal laws have established some guidelines for the state to run these insurance programs for the unemployed people and these benefits are given only under this provision. The rules for collecting unemployment benefits depend on the state law which decides the eligibility, amount to be granted, the duration of employment benefit etc.

Eligibility rules for collecting unemployment benefits

It is necessary that you meet the unemployment eligibility criterion before you receive any of the employment benefits. They should have some proof supporting their earned wages and time of works etc. In addition to this the rules for collecting unemployment benefits also makes it mandatory that you should be unemployed with no fault of yours.

According to the rules for collecting unemployment benefits you may be disqualified from the unemployment insurance according to varying state laws but most common set of disqualification criterion are:

You are fired from the job because of any kind of misconduct.
You have yourself have quit the job or resigned
Not able to attend the office due to illness (check your entitlement for benefits associated with disability)
You are self-employed
Involvement in some labor dispute
On a Sabbatical or taken an admission in a school

Rules for collecting unemployment benefit will disqualify you from any benefits if you fall into any of the above mentioned category.

Here is a list of the unemployment benefits:

- In most of the states, benefits are paid up to a total of 26 weeks at max

- - Exception to this is during times when unemployment rate is high there are an additional 13 weeks to which a person is eligible.

- In most of the states the benefits are generally half of what you were earning during your employment

- If you are subject to the Federal Income tax due to the benefits you are taking they must be filed in your Federal tax return

Here, we have tried to compile briefly all the rules for collecting unemployment benefits so that all eligible candidates are able to take the advantage during these tough times.

The author has interest in writing on various topics related to Technology, Health, Travel, Fashion, Parenting, Sports, Animals and Pets, Consumer Durables and a lot of other stuff.

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Update Feb. 28- 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-02-28T05:20:00.000-08:00

By Kiya Sama

Credit Life Insurance - This is offered by lenders, and will pay off various loans such as car, personal, credit card and installment loans...only if you die. In this case, the lender is the beneficiary. To entice buyers, unemployment and disability features are sometimes used. However, the premiums are costly (sales commissions are high) and often the policy's terms are very restrictive. Also, nothing goes to your estate, there is usually a maximum term of around 48 months and seniors between 65 and 70 (those most likely to use it) are not insured. It's usually better to buy more life and disability insurance from your insurance agent. However, if you are medically uninsurable, you might consider credit-life insurance.

Disease-specific Health Insurance - Instead of insuring against a specific disease, like cancer, it's better to get a good comprehensive health insurance policy.

Life Insurance for Children - The basic intent of life insurance is to protect against the premature death of wage earners - kids don't fit into that equation. They also probably won't need it, child could be in need of a medical exam, most young adults get coverage later and insurance premiums may actually drop as your child grows. Children also do not pose as a financial loss and your group life insurance may already cover them.

Accidental-death Insurance - Less than 5 percent of all deaths are from accidents. It is almost impossible to buy the insurance except through a group, credit card or credit union. There are also narrow benefits and a few actually collect. A good life insurance policy is a better buy; it covers death from illnesses or accidents.

Credit card Insurance/Hotline registration - With this coverage, you need to call only one hotline phone number if your credit cards are stolen. The insurance issuer will then notify all of your card issuers of the theft. Although it may be convenient, according to federal law, you are liable only for the first $50 of unauthorized purchases on each card (and liable for nothing if you report the theft before a card is used fraudulently)

Contact Lens Insurance - The cost per year (especially if there is a deductible) may cost more than the cost of a single lens replacement. Unless you frequently lose or abuse lenses, this is not a very good idea.

Mortgage Life Insurance - Although it looks appealing, whereby when you die your house is paid off and your beneficiaries don't have to worry about paying off the home loan, the cost (which is not cheap) is usually added to your loan. It is usually better to buy more term life insurance as protection.

This article has been submitted in affiliation with http://www.StockBee.Com/ which is a free online stock ticker quiz.

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Update Feb. 08 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-02-08T03:26:00.000-08:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Do You Know What Kind of Government Insurance You Have

By Linda Meckler

Do you know who to contact when you are laid off of work? When you are hurt at work? When you are too ill to work - short term - long term? Do you know the difference between State Disability and Federal Disability? If you have answered yes or no to any of these questions, read on.

Life today is complicated. Medical Insurance is complicated.

I will ask you this question again? Do you know what kind of medical insurance you have? Do you know what is covered under your insurance plan? Do you spend a fortune every month for medical coverage and do not have a clue how it will affect you until it is too late?

Well if you answer this question honestly, you will realize that you are not alone. Most people do not know what their medical coverage will cover until you are hit in the face with the reality of what your insurance coverage does not cover.

(1) When your life changes and you are laid off of work, hurt at work and became so ill you could not work what are your options?

(2) When you are laid off of work you qualify for unemployment insurance.

(3) When you are hurt at work you qualify for Workman’s Compensation.

(4) When you are ill and can not work you qualify for State Disability.

(5) When you can not return to work and have been off of work for one year or in some cases less you qualify for Federal Disability.

-When you qualify for permanent disability on a case by case basis you maybe entitled to Medicare Insurance.

The confusion between State Disability and Federal Disability is completely confusing and I am afraid there are many consumers getting lost in the red tape, medical jargon and all the complications the goverment agencies throw at you.

When your work status changes and you return to work do not assume all of your benefits have been closed. You work a year or longer and your work status may change. The (5) types of government insurance can change with each separate problem. Always call the Social Security office before you start or stop any of the above Insurance Plans.

With one phone call you will save yourself money, stress and you will receive the help you need.

Thank you for reading my article., Please feel free to read any of my other numerous articles.

Linda is the author of her first published book, “Ghost Kids Trilogy. "Christy, 12 and her Brother Brad, 16 moves into an old house on top of a mountain and meet two Ghost Kids.

Then we have a mysterious, magical Blue Vase where Uncle Charlie the villain is trapped. He wants out of the Blue Vase and exchange he will tell Christy and Brad where Pirates’ Treasure is Hidden.

Take a walk with Christy and Brad down a dark hall hunting for Pirates” Treasure. You will think were you there right there with them.

Love, Family Values and Charity burst off the pages. http://www.lmeckler.com

Check out my new 4 E books Titled:

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Computers Cause Pain on my website http://www.lmeckler.com/store

Check out my website http://www.lmeckler.com

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Update Jan. 20 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-01-20T04:04:00.000-08:00

By Bryan Burbank

It is important to have disability insurance because you never know when you might be out of work and having this insurance you will still get a paycheck. You never know when you might be in an accident or you might get sick and to miss work and have no income can be devastating for you to deal with. Disability insurance will give you peace of mind if you get into a situation where you can not work and you need an income. If you have a family that relies on your income there there is even more reason to make sure you are protected from the worse case scenario happening.

You may have medical insurance and this will pay your medical expense if you are sick or injured but you need money to pay your regular monthly bills as well and disability insurance can give you this. There are long term and short term disability that you can receive through the government but even these are limited. So having a supplemental insurance coverage plan makes a lot of sense for you and your family. It is important that you sleep at night without having to worry what would happen if you got injured and were not able to work and support your family.

Remember that finding a low cost disability plan is not hard to do but you need to compare the price and policy that is offered. Make sure that the policy covers you for any possible situation so that you can feel at ease that you family will be able to pay the bills.

Find : Discount Disability Insurance

Buy Cheap: Disability Insurance

Bryan Burbank is an expert in the field of Discount Insurance.

Article Source: http://EzineArticles.com/?expert=Bryan_Burbank

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Taking a Look at Short Term Disability Insurance

By Mike Selvon

369 Niches Rolled Up Into 1 Product
Turn any hobby into a business. Discover
24 totally unique business models.
http://businessmodels.netbizint.com.au/index.php

Article Source: http://EzineArticles.com/?expert=Mike_Selvon

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Update Jan. 01 - 2010 All About "Short Term Unemployment Disability Insurance" By Insurance Experts

2010-01-01T07:43:00.000-08:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Redundancy Insurance and Unemployment Cover a Buyers Guide

By John A Garcia

The uncertain economic climate has for the majority of us left us feeling concerned about being made redundant. This has driven a need to find suitable redundancy cover should you be in the firing line. With so much bad press about redundancy claims being rejected now more than ever should you choose your redundancy insurance with care. This is how?

All policies have exclusions comparing just cost is a false economy if you are to have cover that provides benefits and not excuses when you make a claim. To find the most suitable redundancy cover you going to need to know what to look for.

Common redundancy exclusions:-

You need to be in permanent employment from 6 months before the claim event occurred (some providers will ignore short breaks)
Your employment ended at the end of a fixed term (annual contracts that have been renewed more than once maybe classed as permanent and not excluded from a valid claim)
You were dismissed as a result of misconduct
You were NOT UK resident
You accepted voluntary redundancy
New policy initial exclusion typically 120, 90 60 days or the best policies are only 30 days. This means if you get notified of redundancy within this time frame after just starting your policy the insurance company WILL NOT pay out
You were not eligible to claim contribution based job seekers allowance (not a requirement of all redundancy insurance)

The last exclusion can be difficult to establish if you are for example a foreign national working here for some years, as the benefits system is not clear and even if you do phone the department of work and pensions they are not much help in clarifying if you would be eligible.

Exclusion 7 can also catch you out if you don't pay national insurance contributions because your earnings are low.

Most providers will link redundancy cover to your mortgage payments and or your income and is typically limited to the lower of 50% of your gross income or 130% of your mortgage payments plus related costs.

This can cause problems for the self employed and anyone with a mortgage as mortgage payments, and income will fluctuate causing occasions when your over insured and others when you are under insured.

There are providers that will allow redundancy cover benefits that are unrelated to your earnings or any debts you have and this may suit you if you need more cover to cover all your living expenses.

Can you have cover with more than one provider?

There are occasions when you may need cover with more than one provider as the maximum cover offered by the best provider may be insufficient for you protection needs.

You can have more than one policy but you need to ensure that you don't exceed the limit imposed by both redundancy insurance providers when the benefits are combined or if they do with one that are happy for you to get additional cover elsewhere.

However if your cover is mortgage related redundancy insurance you cannot have double cover to overlap to cover the one mortgage to exceed the typical 130% of the mortgage payments and related costs. You should always check with each of the insurance providers to ensure that they will not deduct the benefits payable by the other if you were to claim and get this in writing maybe by posting your question by email.

We understand redundancy insurance cover, and the need for quality cover that will payout when you need it to. We can offer redundancy insurance from the whole market but choose and select the few we feel offer consumers the best cover and deal in the market.

Plus as a extra bonus we give you opportunity to WIN an iPod touch worth £165.

Visit quoteme4.co.uk for quality redundancy insurance and protect all your income not just your debts.

Article Source: http://EzineArticles.com/?expert=John_A_Garcia

Supplement Disability and Unemployment Insurance Can Prevent Foreclosures and Bankruptcy

By Marilyn Katz

Reasons For Mortgage Delinquencies

Can We Prevent The Causes For Mortgage Delinquencies?

Private Mortgage and Unemployment Insurance Provides Peace Of Mind

Make sure you talk to a licensed representative or read further to make sure they fit your own needs.

Visit us for more information about Disability and Unemployment Insurance Online. Protect your home and finances with one quick Mortgage and Finance Protection Online Quote Form.

http://www.best-mortgage-protection.com/

Article Source: http://EzineArticles.com/?expert=Marilyn_Katz

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Update Dec/ 15 - 2009 All About "Disability Pension Insurance" By Insurance Experts

2009-12-15T06:45:00.000-08:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Disability Insurance - Unemployment Insurance - Government Program in Case of Disability

By Kyle J Norton

The main purpose of disability insurance is to to replace an individual's income should they be unable to work as a result of either an accident or a sickness. In fact, People tend not to spend a lot of time thinking about the financial devastation that could result from a disabling injury or sickness therefore if disability strikes, the balance between personal earnings and expenses suddenly is upset, and the threat of financial disaster can quickly become a reality. In this article, we will discuss the government program that will help the short needed for disable workers.

Most employed people contribute to employment insurance through payroll deductions. Employers send the amount they withhold from the employee's pay to government related department Employers are also required to contribute to the employment insurance fund and must add their portion of the premium to the employee contribution when submitting the monthly deductions.
Therefore, workers who contribute to this program entitle to received benefit in case of short term disability and sickness

a) Any workers have worked in insurable employment for at least 900 hours ( Depended on the rate of unemployment it may be changed) since the last claim, if that claim was made within the last year.

b) have a physician's statement proving disability.

Benefit is payable for a maximum period of 15 weeks after 2 weeks of waiting period.
Remember the employment sickness or short term disability adopt a second payer principle if other disability benefit are payable

The benefits will be reduced dollar for dollar when the claimant receives:

1. employment income such as wages, commissions or bonuses
2. payments in compensation for an accident on the job or a work-related illness such as Workers' Compensation benefits;
3. group insurance benefits for sickness or loss of wages;
4. compensation for loss of wages from certain accident insurance policies.
5. pension income or retirement income

The benefit will not be effected

1. Disability pension
2. Workers' Compensation payments from a permanent settlement
3. A personal or individual sickness or disability wage-loss policy.
4. Retroactive raises in wages or salary.

I hope this information will help. If you need more information, please visit my home page at:

Kyle J. Norton

http://lifeanddisabitityinsuranceunderwriter.blogspot.com/

http://disabilityinsurance01.blogspot.com/

All rights reserved. Any reproducing of this article must have all the links intact. I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990

Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton

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Disability Insurance - Disability Covered by Government Pension Plan

By Kyle J Norton

Most working people are covered under government insurance plan. In this article, we will discuss how government pension plan covers in case of disability of working people. These plans provide death benefits, income for surviving spouses and dependent children as well as disability income benefits for qualified member.

In order to receive the disability income from government pension plan, working people must
1.Be disabled, according to the definition of disability contained in the Government pension legislation.

2. Have contributed to government either
a) In two of the last three years or
b) Five of the last 10 years

3. Be under 65 years old

4. Not have received a government retirement pension for longer than 12 months.

The disability must be a physical or mental impairment that is both severe and prolonged:
Severe means the inability to pursue any substantially gainful employment and prolonged means that such disability is likely to be of indefinite duration or is likely to result in death.
Benefits begin after a three-month waiting period. They consist of a flat amount plus an earnings related amount, which equals 75% of the contributor's retirement pension. Also an addition flat amount is paid for each dependent child. Disability benefits are payable monthly and the amounts are indexed to go up each year according to increases in the Consumer Price Index.

This is payable only until age 65 or prior death or recovery. At age 65 the disability pension is replaced by the retirement pension.

I hope this information will help. If you need more information of the above subject, please visit my home page at:

Kyle J. Norton
http://lifeanddisabitityinsuranceunderwriter.blogspot.com/ or

http://disabilityinsurance01.blogspot.com/ All rights reserved. Any reproducing of this article must have all the links intact. I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990

Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton

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Update Tuesday Nov. 26 - 2009 All About "Disability Pension Insurance" By Insurance Experts

2009-11-25T05:06:00.000-08:00

By Chisomeje Odimba

Most people know the value of life insurance; providing income for their loved ones after they are gone. Other take out home insurance and auto insurance to protect their property and valuables. But only a few people think of taking out disability insurance. Take a minute and think of it. What would happen to you if you were unable to work and earn a living for a long period of time? If it is just a matter of one or two months, you might have money in the bank to tide you over. But in the long run, how do you survive? This brings us to the importance of disability insurance.

Research has shown that everyone stands the risk of disability. More people are likely to lose their livelihood to disability than death. Others would lose their home to disability than fire or death. Every one in 8 individuals are likely to suffer disability.

You should take out a disability insurance because the insurance policies that you think has you covered may not really come through for you here's why:-

a. Social Security. Although social security caters for people who have suffered a disability, you should not rely on it. The definition of disability in getting claims from social security is very strict. Because of this over 50% of claims are denied yearly. Even if you are certified eligible, you would have to wait. Sometimes for up to six months, in line with the waiting period policy of social security. Another issue is that you might not get even half of the kind of income you were earning prior to your disability.

b. Workers 'compensation. Your workers compensation covers only work-related injury or illness. What you are paid depends on the state you live in. In some states, you are only paid compensation as outlined in the worker's compensation laws.

c. Pension plans. Some states include disability benefit in their payment plans, but this is only given in case permanent or total disability. Some others would reduce your pension benefit to the percentage left after you have received disability benefit. Remember though that if you receive disability from the above mentioned plans, you should not expect much disability benefit from your pension plan because it comes from the same source.

The best plan for you is to shop around for a reputable company that would give you a good disability insurance policy. You have to be diligent in your search for an insurer so that you can get the best. So endeavor to visit at least six sites before you make a final decision.

Here are great pages for health insurance quotes...

InsureMe Health Insurance Quotes

Health Insurance Quotes

Chisomeje Odimba writes for Quality-Insurance-4-Less.

Article Source: http://EzineArticles.com/?expert=Chisomeje_Odimba

Getting a Military Pension Cash Advance

By David Springer

Receiving cash for your military pension can provide access to more of your money to meet your immediate financial needs. Instead of waiting to receive monthly pension payments, you can exchange your military retirement for a large lump sum. You could spend the money on anything: debts, a new car or house, a business venture, your child's college education, or even a much-needed vacation.

The good news is you don't have to repay the money because it's not a loan. And, you don't have to sell your entire pension; you can sell part of your payments. You can receive cash for your military pension payments for a select time, plus retain any future increases in payments. Then once the specified time passes, you can continue receiving your full retirement payment, as you did prior to the sale.

Keep in mind that military and non-military pensions can easily be converted into a lump sum of cash, but it's a very expensive process. For example, discount rates for regular pension payments run 20 percent for assignable pensions and 30 percent for non-assignable ones. Therefore, you should only sell your pension if there are no other options available to you.

Consider this: As an active-duty military member retiring after 20 years of service, you will receive retirement pay for the rest of your life. The payout, which is based on your years of service and rank, could be substantial. For example: veterans retiring after 20 years of service in 2006 as an E-8 a usual rank for retiring non-commissioned officers would get 50 percent of their base pay or $2,035 per month. Over the next 30 years, these retirement payments could add up to more than $730,000.

Eligibility for Receiving Cash for Your Military Pension
You may be eligible to receive cash for your military pension if it meets federal guidelines concerning Veterans Administration disability. If you're a veteran whose military income comes solely from VA, you cannot sell your payments. However, you can get cash for your payments if the VA Disability portion makes up no more then 40 percent of your total military income. This restriction is part of a federal legislation (HR 2297) that is designed as a protective measure to prohibit pensioners from selling their V.A. pension streams.

Besides the disability issue, pension fund purchasers use a variety of other factors to determine eligibility. While requirements vary among purchasers, they typically require you to:

- Presently be receiving a minimum monthly pension payment of $400 dollars after taxes

- Have credit scores of at least 580 from all three credit bureaus: TransUnion, Experian and Equifax

- Be currently employed or have a secondary income that allows you to meet your monthly expenses without your pension payments

In addition, some pension purchasers require life insurance. Generally, any active insurance policy is acceptable, even if it existed prior to the sale of your military pension. Also, there's generally no age limitation placed on pensioners making the sale. But, ultimately, underwriters will evaluate each submission on a case-by-case basis to determine eligibility.

Steps to Getting Cash for a Military Pension
Receiving cash for a military pension is a relatively straightforward procedure. Most pension fund purchasers provide free, no obligation quotes. And most don't charge any up-front fees. Here are some general steps to the process of getting cash for your military pension:

Step 1: First, you provide information about how much you receive each month from your military pension and any deductions for taxes, child support, alimony, etc. You also must indicate who is making the payments to you (DFAS, GE, IBM, State of Florida, etc.) and when you receive those payments. (You'll need a copy of your most recent Retiree Account Statement or VA Award Letter, or VSI Earnings Statement.)

Step 2: Next, the underwriter determines the total amount you would receive from your pension for the number of years you wish to sell. Let's say you want to "cash in" the next eight years of your military pension. If you're an E-8 receiving $2,035 a month, then you would receive $195,360 over the next eight years.

Step 3: Then, if approved, a lump sum would be calculated for your offer. You could expect an offer of around $98,000 for your eight years of non-assignable pension payments. (The 30-percent discount rate works out to only about half the original payment due to the lower future value of dollars).

Step 4: The entire process takes from four to eight weeks to complete.

Converting some or all your military pension into a lump-sum payment can be an excellent tool for enhancing your cash flow and lifestyle.

Sovereign Funding Group is an experienced, reputable company that offers convenient, no-risk services to help you with the selling of your deferred payments and business financing, including a Military Pension Cash Advance.

Article Source: http://EzineArticles.com/?expert=David_Springer

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Update Tuesday Nov. 06 - 2009 All About "Disability Pension Insurance" By Insurance Experts

2009-11-06T08:04:00.000-08:00

By Chisomeje Odimba

You should take out a disability insurance because the insurance policies that you think has you covered may not really come through for you here's why:-

Here are great pages for health insurance quotes...

InsureMe Health Insurance Quotes

Health Insurance Quotes

Chisomeje Odimba writes for Quality-Insurance-4-Less.

Article Source: http://EzineArticles.com/?expert=Chisomeje_Odimba

What Would a Truly Free Nation Look Like?

By Russell Longcore

One day soon, the United States Federal government is likely to collapse. The cause will probably be that the rest of the nations of the world will reject the dollar as the world's reserve currency, and adopt another currency, or a basket of currencies, as their new reserve. This currency move is not just a rumor, but is already happening on a small scale. Once the nations of the world have cast aside the dollar, its value will freefall against all other world currencies.

The US government bond market will collapse simultaneously, as bond values will be heading toward zero. Those holding US bonds will be stuck with something they cannot sell. Unfortunately, that means big institutional investors like banks, mutual funds, insurance companies and pension funds will have instant liquidity problems.

This dollar crisis may also cause American banks to begin a tidal wave of defaults and bank "holidays." Banks, mortgage lenders and credit card companies would cease loaning money. That will likely mean that one day you might find that your credit cards and ATMs cards have stopped working.

This event could last for weeks or even months. After a few days (hours?), many of those without cash and food will start looting. Society could break down very quickly. Remember New Orleans just days after Hurricane Katrina. And when US Federal Reserve notes start rapidly losing value, you'll find many merchants that refuse to accept them for payment for goods and services.

Now do you see why I recommend holding gold and silver coins? Not as an investment, but as an alternative money supply. No one will reject gold or silver. Your gold and silver holdings could be the thing that keeps you alive during a catastrophe.

States may look to Washington for a solution, but Washington's solution will likely be to simply order the Federal Reserve to print more paper money. But folks will already know that paper money is becoming worthless, so won't want any more of it.

If the US federal government runs head-on into a currency collapse, it won't be in any better situation than the average citizen. Another problem they will have will be with the active duty military personnel. Soldiers aren't stupid. Will they obey orders and enforce American laws for Washington when they know they will get paid in shrinking dollars? Massive numbers of military personnel may go AWOL. This could make it easier for states to secede.

States will very shortly be forced to face inevitability. They will have two choices. Choice #1 is to stay with Washington like good little slaves. We all talk about secession a lot, but remember that most of the states of the United States were formed after the original thirteen colonies left Britain. So they have always been "owned" by Washington, so to speak. Other than the thirteen colonies of 1776, and the Confederate states of 1865, the rest save Texas and Hawaii are slave states.

Choice #2 is to secede from the Union and become sovereign nations.

The biggest challenge to state secession, in my never-humble opinion, is not Washington resistance. The biggest challenge to state secession will be from the state politicians already in office. Steeped in Washington-think, and addicted to Federal money, they may naturally default to crafting a new nation in the likeness of Washington. I hope I'm completely wrong, and that liberty lovers will prevail.

So, what would a truly free nation look like? What kind of laboratory of liberty would a state like Texas make?

I realize that many of the characteristics I'll list here are a far-away dream, but I like to dream big. I dream that all government serves the citizen, not the other way around. I dream that government will exist to protect human rights. I dream that all government would be organized upon the Zero-Aggression Principle, which says that no one has the right, under any circumstances, to initiate force or fraud against another human being for any reason whatever; nor may a person advocate the initiation of force or fraud, or delegate it to anyone else.

The new Constitution should specifically outlaw any central bank. No national currency. Gold and silver will be the only money. Federal law allows private banks to issue currency based upon only 100% reserves. Fractional reserve banking specifically made illegal.

The Constitution would drive governance down to the county level. County courts, county law enforcement, county criminal law.

Unicameral legislature based upon population in counties. No need for a bicameral legislature, one house for the people and one for the states, since this is one nation. Legislative session restricted to 140 days per calendar year. That way, no one uses the legislature as a full-time job.

Constitutional convention can be called for if 50% plus one counties call for it.

Military: Constitution authorizes Navy, an Air Force and Marines. The militia is the Army. As the various branches would only function in defense, they would not need many people. No women in combat roles ever.

5 cabinet bureaucracies are State, Justice, Treasury, Interior and Defense. No other cabinets without a constitutional convention mandate. State is the diplomatic corps. Justice includes the Federal Court system, no lifetime appointments for judges. Treasury collects taxes and pays Federal bills. Interior manages Federal lands, infrastructure like Federal roads, and includes Bureau of Standards and agricultural regulations to keep the food supply safe. Defense manages full-time military, one military academy and militia officers.

Judicial has district courts, one court of appeals and one Supreme Court. Each county has a court. Jury nullification built into the law. Codify not just punishing an aggressor, but making the victim whole again.

No social programs. No Social Security, Welfare, food stamps, rent subsidies, college loans, government scholarships, mortgage guarantees, Medicaid, Medicare. All wealth transfer schemes unconstitutional.

Sales tax will be the only revenue for the government with a constitutionally pre-set limit of 10%. Sales tax collects revenue from all who do commerce, which includes those who do not reside in Texas. No property taxes. No Federal stamp on alcohol, tobacco, petroleum, etc. Counties and cities may assess sales tax to fund services, but must get voter approval. Tax rate increases must be passed in a general referendum with a quorum of voters and a 2/3 majority. No inheritance tax. Government that is not financed by sales tax can be financed by user fees.

No tariffs, excise tax or any other tax. Almost overnight, the Port of Houston would become the busiest port in North America and the prices of consumer goods would plummet.

Term limits on all national elected offices. Two terms maximum.

The legality of Gambling, Prostitution, Alcohol sales and Recreational Drugs to be determined by each county, not the Federal government. The War on Drugs failed with the American ratification of the 21st Amendment in 1933 which repealed the 13-year experiment with Prohibition. Texans have better sense than to keep fighting a failed war.

Traffic laws: No drivers licenses. No car tags and state vehicle registration. Drunk driving only prosecuted if there is an incident of loss and liability. Just driving with alcohol in one's body does not constitute a crime.

Abortion law decided county by county by citizen referendum.

Law enforcement: Texas Rangers are the only Federal law enforcement agency. All other law enforcement organized at the county level.

No public school: all public schools properties auctioned off to highest bidders. Education privatized. Parents are responsible for educating their own children. No compulsory attendance laws.

All colleges de-funded: If a college or university cannot maintain profitability through its own efforts, it must either downsize or go out of business. With today's technology, most higher education methods and traditions are outdated and need to change anyway. The free market would force innovation.

No government-run health care system. Force the insurance companies to underwrite without individual ratings for health insurance as well as no denials for pre-existing conditions. Insurance companies already have a long history of underwriting life, health and disability insurance on a group basis without consideration for pre-existing conditions. Allow the free market to determine costs.

Immigration: Except for the Gulf of Mexico, New Texas would be bordered on all sides by other nations. A truly free Texas would be a magnet for people yearning to breathe free. Sound money and liberty would cause a stampede of individuals and businesses to Texas. Happily those who are government handouts junkies would emigrate with lightning speed back into the USA and Mexico. Allowing the free market to regulate immigration would be the best solution. Then, all Texas would have to do is design an immigration procedure and let the market speak.

I cannot imagine a scenario in which the founding mothers and fathers of the New Texas get all of these characteristics into law. But just think of what life would be like if MOST of them happened.

There are two types of people in the world. One wants to live life and not dominate others. This person embraces individual liberty and property rights.

The other want to force people to live life by their dictates. This person wishes to control groups and is the greatest enemy to liberty and property rights.

Which type of person are you?

DumpDC. Six Letters That Can Change History.

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Update Tuesday Oct. 18, 2009 All About Disability Pension Insurance By Insurance Experts

2009-10-18T07:12:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Disability Pensions - Can I Qualify?
By Jeannette McQueen-Nobbs

You're very, very sick and totally crash after any activity that you do. You try to work but are unable to handle the pressure as well as the physical endurance that it takes to do your job. The first thing that you will need to do is speak with your doctor about your health concerns. From my experience some doctors don't want to help you so you will have to go out and look for a doctor who will help you.

Your doctor is the first one who decides if you can or do qualify for a disability pension. They will send you to other doctors sometimes for added tests and witnesses to prove that you aren't capable of holding down a regular job. Together with your doctors recommendations and other specialists in the field related to your disability it might help witness that you need the disability pension.

Disability pensions aren't as much money coming in as if you were working so you'll have to be on a very limited budget and if you are married you may be limited to the amount of disability pension that you can get because of your spouses earnings. Sometimes the government will take into account the families total incomes and deduct from the disability pension totals but still provide you with help for your medicines, eye care, etc that you may need. You have to check with what agency that you are applying for be it government or an insurance disability pension. Every province, state or country has their own laws governing disability pensions. If you can still work you would probably make more money by cutting down your hours of work to part-time or finding another job better suited to you and your physical or emotional situation. You usually have to be unemployed for at least one year to qualify for a disability pension.

From my experience most of the people who need disability pensions are rejected and they don't receive any help as I've seen many others whom weren't as physically ill seemed to receive a disability pension. There are agency's as well as lawyers whom will work for you to help fight for you to receive a disability pension. They usually take a cut of your pension for their payment fees when you receive the pensions and if you don't they

wouldn't receive anything. Carefully check any agreements to make sure you understand what you're signing with them first so you don't get into a contract that's legal and binding that isn't for your benefit.

Be prepared to wait as sometimes the government has been known to drag these cases out 5 years or more and they usually refuse your first claim so you may have to appeal it and they still may take years of their processing your claim. If your financial situation can't wait 5 years for the disability claim to be approved you should start looking at other ways of bringing in revenue while you work part time or at home around your specific health concerns. There is always hope and a way for you but you have to earnestly seek for another way to bring in income that will work best for you and your family with your health problems.

Jeannette McQueen-Nobbs or Queenie1 has written some articles and was published. She has also written an eBook.

Her blogs are:
http://health4me-queenie1.blogspot.com

Article Source: http://EzineArticles.com/?expert=Jeannette_McQueen-Nobbs

Disability Insurance - Eligibility For Income Replacement Insurance
By Kyle J Norton

To be eligible for individual disability income insurance, an individual must be working full-time and is defined as:

1.Working a minimum of 30 hours per week.
2. Earning an income of at least $20,000 annually.
3. be working away from home with exception to persons working in a home based business may qualify when their duties require them to leave their home office location regularly to conduct their business.
4. have worked in the same occupation for a minimum of 12 months.
Individuals who have become self-employed in the 12 months prior to the application are not eligible for disability insurance.
5. Be between the ages of 18 and 60.
6. be able to read and speak English since the client must be able to understand the terms and conditions of the policy.

A. Occupation

Insurers use an occupational class schedule to determine the level of risk associated with different occupations.The applicant's class determines by both the type of coverage and the premium to be paid for that coverage. It is essential that you to describe your occupation accurately with a complete listing of their duties, in the application.

If the proper classification is hard to determine, it is acceptable to quote the lowest class that might apply. Include a full description of the job and the duties with the application and ask the underwriter for a class adjustment.

B. Medical Underwriting

When completing the application, it is extremely important that the medical history be completed with particular care. Details of any yes answer must be provided, including the date of occurrence, doctors seen, diagnosis made, treatment, as well as any recurrence or residual effects.

C. Impairments underwriting

Disability insurance is more strictly underwritten than life insurance.

1.Pre-existing conditions: Following are several methods that can be used to address these conditions:

a) The underwriter can require the addition of riders, waivers or exclusions from coverage for a specific problem or part of the body

b) The underwriter can charge an extra premium when there is a pre-existing medical condition that may result in a variety of disabilities

c) The elimination period may be extended.

d)The benefit period can be shortened. This method is often used in combination with adding a rating.

e) Where the application is approved on a modified basis, optional benefits may not be made available to that insured.

If the application is declined, either for medical, financial or other reasons, the applicant should be immediately notified. The insurer will send a refund of premiums directly to the applicant.

D. Financial underwriting

Many insurers use Issue and Participation Tables to determine the amount of benefit they are prepared to issue for various income levels.

a) Earned Income: Earned income consists of salary, bonuses, commissions, fees and any other payment that the person receives as a result of their work activities. The underwriting process reviews 2 years of financial documents.

b) Unearned Income: Unearned income is income such as net rental income, investment income,interest payments, capital gains, pension benefits and other disability group insurance.
Generally, when the unearned income is less than 15% of the earned income, the unearned income is ignored during underwriting. When the amount of unearned income is equal to or greater than 15% of the earned income, this amount must be taken into account to avoid over-insurance.

I hope this information will help. If you need more information of the above subject, please visit my home page at:

Kyle J. Norton
http://medicaladvisorjournals.blogspot.com
http://disabilityinsurance05.blogspot.com/
All rights reserved. Any reproducing of this article must have all the links intact.
I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990

Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton

VA Disability Benefits
By Greg Cook

VA disability benefits are available for war-time veterans or their surviving spouse whether or not your disability is service-connected. There are many veterans and surviving spouses of deceased veterans from World War II and Korea that don't even know they qualify!

It is a shame that this is one of the VA's best kept secret.

Of the two VA disability benefits, the one discussed here is the non-service connected disability pension. This benefit has a three tier payment level depending on your particular situation.

Disability Pension

To be eligible you must meet the following requirements:

1. You must have been discharged under other than dishonorable conditions.

2. If you enlisted before September 7, 1980, you must have served 90 days or more of active duty with at least one day during a period of war. Anyone who enlisted after September 7, 1980, however, must serve at least 24 months or the full period for which that person was called to serve.

3. You must be permanently and totally disabled, or age 65 or older. The Veterans Administration no longer requires those over age 65 to submit evidence they have a disability that prevents them from working.

4. In addition, your "countable" income must be below the yearly limit set by law; called the Maximum Annual Pension Rate (MAPR).

The Base MAPR for 2008 are:

1. ran with no dependents $11,181

2. ran with a spouse or a child $14,643

3. If you are housebound, which basically means you can no longer safely drive.

The Housebound MAPR for 2008 are:

1. Housebound veteran with no dependents = $13,664

2. Housebound veteran with one dependent = $17,126

3. Add, for each additional dependent = $1,909

Aid And Attendance Entitlement

If the veteran needs help with the basic activities of daily living (dressing, bathing, grooming, hygiene, toileting, etc.) they may qualify for additional disability pension benefits. The veteran will need to show that he or she needs home care on a regular and permanent basis, or lives in an assisted living facility.

The Aid and Attendance benefit MAPR for 2008 are:

1. Veteran who needs aid and attendance with no dependents =$18,654

2. Veteran who needs aid and attendance with one dependent = $22,113

VA Disability Benefits Payment

The actual amount of your disability pension will depend on your "countable" income. Countable income is your gross income minus qualified health care expenses. The VA will pay you the difference between your "countable" income and the MAPR that matches your personal situation. The VA disability pension will be paid directly to you in 12 equal payments.

How To Apply

You can apply for the VA disability benefits by filling out VA Form 21-526, Parts A,B,C and D plus multiple additional forms and documentation.

For more information on VA disability benefits you can visit the Veterans Care Advisors website http://www.veteranscareadvisors.com where you will be able to find tips and best practices to help you successfully obtain the VA disability pension benefit.

Greg Cook is a consultant with extensive experience dealing with governmental agencies in the financial world and with major non-profit organizations. Through his Veterans Care Advisors program and handbook of tips http://www.veteranscareadvisors.com He has helped hundreds of senior citizens successfully navigate the long term care industry. He is a senior advocate, geriatric care manager and a Certified Senior Advisor.

Article Source: http://EzineArticles.com/?expert=Greg_Cook

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Update Tuesday, Sept. 30, 2009 All About Disability Pension Insurance By Insurance Experts

2009-09-29T23:32:00.000-07:00

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Disability Pension Benefit
By Greg Cook

The VA pays a pension to disabled veterans who are over the age of 65 or are no longer able to work. The disability pension benefit is also available for surviving spouses and children but is called the improved death pension.

These pensions are available whether or not the war-time veteran's disability is service-connected, but to be eligible the following requirements must be met:

The veteran must not have been discharged under dishonorable conditions.
The veteran must have served ninety (90) days or more of active duty with at least one day during a period of war.
NOTE: Anyone who enlisted after September 7, 1980, however, must serve at least 24 months or the full period for which that person was called to serve.
The claimant (You) must be permanently and totally disabled, or age 65 or older. You will need your doctor to provide an evaluation statement to prove that you are disabled and housebound.

In addition, your income must be below the yearly limit set by law; called the Maximum Annual Pension Rate (MAPR). The MAPR for individuals who 2009 are below:

Veteran with no dependents $14,457
Veterans with a spouse or a child $18,120
Un-remarried widowed surviving spouse $12,681

Your pension depends on your income. The VA pays the difference between your income and the MAPR. The pension is usually paid in 12 equal payments.

Example: John is a single veteran and has a yearly income of $12,500. His pension benefit would be $1,957 ($14,457 - $12,500). Therefore, he would get $163 a month.

Allowed Adjustments to Your Income - Adjusted Countable Income

Your income does not include welfare benefits or Supplemental Security Income. It also does not include un-reimbursed medical expenses actually paid by the veteran or a member of his or her family.

This can include Medicare, Medigap, and long-term care insurance premiums; over-the-counter medications taken at a doctors recommendation; long-term care costs, such as nursing home fees; the cost of an in-home attendant that provides some medical or nursing services; and the cost of an assisted living facility.

These expenses must be un-reimbursed. This means that insurance must not pay the expenses.

The expenses should also be recurring - this means they should recur every month.

Aid and attendance - The VA's Best Kept Secret

A claimant (veteran or the un-remarried widowed spouse of a war-time veteran) who needs the help of another individual for their primary activities of daily living may qualify for additional money on top of the disability pension benefit.

The claimant needs to show that he or she needs the help of another individual on a regular basis. Note: A claimant who lives in an assisted living facility is presumed to need aid and attendance (Most people call it assistance - attendance is the VA official lingo).

WHAT in the heck are Activities of Daily Living?

They are activities such as bathing, grooming, dressing, eating, toileting, transfer to and from chairs and bed, etc.
A Claimant who meets these requirements will get the difference between his or her income and the MAPR below (2009 figures):

Veteran with no dependents $19,736 (who needs aid and attendance)
Veterans with a spouse or a child $ 23,396 (where the veteran must need aid & attendance)
Un-remarried widowed surviving spouse $15,128 (who needs aid and attendance)

Example: John is a married veteran and has a combined household yearly income of $29,500.
John has a medical evaluation to support his aid and attendance claim.
John and his wife pay insurance premiums, medical co-payments and care costs totally $23,200 yearly.

His pension benefit would be $17,096. Therefore, he would get $1,424 a month.

How did we get that benefit amount?

1. Calculate the Adjusted Countable Income: $29,500 - $23,200 = $6,300
2. Calculate the Remaining Countable Income: $23,396 - $6,300 = $17,096

How To Apply

Before you apply for either disability pension benefit it is helpful to get helpful tips and examples of what exactly you need to do. Filling out the VA Form 21-526, Veteran's Application for Compensation Or Pension and/or the VA Form 21-534, Application and Indemnity Compensation, Death Pension and Accrued Benefits by a Surviving Spouse is a daunting and overwhelming task for most individuals.

We recommend you seek experienced sources to help you fully understand what you need to do, not do and most importantly when and where.

Greg Cook is a consultant with extensive experience dealing with governmental agencies in the financial world and with major non-profit organizations. He has helped hundreds of senior citizens successfully navigate the long term care industry.
He is a senior advocate, geriatric care manager and a Certified Senior Advisor. To learn more about how to qualify for up to $1,949 per month in VA financial assistance, visit Mr. Cook's website; Veterans Care Advisors dot com.

Article Source: http://EzineArticles.com/?expert=Greg_Cook

Disability Pensions - Can I Qualify?
By Jeannette McQueen-Nobbs

Jeannette McQueen-Nobbs or Queenie1 has written some articles and was published. She has also written an eBook.

Her blogs are:
http://health4me-queenie1.blogspot.com

Article Source: http://EzineArticles.com/?expert=Jeannette_McQueen-Nobbs

VA Disability Benefits
By Greg Cook

It is a shame that this is one of the VA's best kept secret.

Of the two VA disability benefits, the one discussed here is the non-service connected disability pension. This benefit has a three tier payment level depending on your particular situation.

Disability Pension

To be eligible you must meet the following requirements:

1. You must have been discharged under other than dishonorable conditions.

4. In addition, your "countable" income must be below the yearly limit set by law; called the Maximum Annual Pension Rate (MAPR).

The Base MAPR for 2008 are:

1. ran with no dependents $11,181

2. ran with a spouse or a child $14,643

3. If you are housebound, which basically means you can no longer safely drive.

The Housebound MAPR for 2008 are:

1. Housebound veteran with no dependents = $13,664

2. Housebound veteran with one dependent = $17,126

3. Add, for each additional dependent = $1,909

Aid And Attendance Entitlement

The Aid and Attendance benefit MAPR for 2008 are:

1. Veteran who needs aid and attendance with no dependents =$18,654

2. Veteran who needs aid and attendance with one dependent = $22,113

VA Disability Benefits Payment

How To Apply

You can apply for the VA disability benefits by filling out VA Form 21-526, Parts A,B,C and D plus multiple additional forms and documentation.

Article Source: http://EzineArticles.com/?expert=Greg_Cook

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Update Tuesday, Sept. 23, 2009 All About Unemployment Disability Insurance By Insurance Experts

2009-09-23T08:44:00.000-07:00

While Unemployment disability Insurance is also known as Temporary Disability and Sickness Insurance ( Not Work Related Disability), Covered by federal government unemployment benefit for a certain amount of weeks. worked related accidental disability is the resposibility of the State or Provincial Disability program. It's coverage was mandated for State employees who are covered by Unemployment Insurance. The Disability Insurance Service of the Department of Labour is responsible for preparing reports of claims activities and conducting educational programs similar to those that are presently being performed by a contractor for Unemployment Insurance purposes.

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Supplement Disability and Unemployment Insurance Can Prevent Foreclosures and Bankruptcy
By Marilyn Katz

Reasons For Mortgage Delinquencies

Can We Prevent The Causes For Mortgage Delinquencies?

Private Mortgage and Unemployment Insurance Provides Peace Of Mind

Make sure you talk to a licensed representative or read further to make sure they fit your own needs.

Visit us for more information about Disability and Unemployment Insurance Online. Protect your home and finances with one quick Mortgage and Finance Protection Online Quote Form.

Disability Insurance 01 - Unemployment Insurance - Government Program in Case of Disability
By Kyle J Norton

a) Any workers have worked in insurable employment for at least 900 hours ( Depended on the rate of unemployment it may be changed) since the last claim, if that claim was made within the last year.

b) have a physician's statement proving disability.

The benefits will be reduced dollar for dollar when the claimant receives:

The benefit will not be effected

1. Disability pension
2. Workers' Compensation payments from a permanent settlement
3. A personal or individual sickness or disability wage-loss policy.
4. Retroactive raises in wages or salary.

I hope this information will help. If you need more information, please visit my home page at:

Kyle J. Norton

http://lifeanddisabitityinsuranceunderwriter.blogspot.com/

http://disabilityinsurance01.blogspot.com/

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Accident Sickness and Unemployment
By Patrick Lee

The result would be very onerous as mortgage arrears can lead to repossession and give you a poor credit history. To protect yourself with Accident Sickness and Unemployment insurance also known as ASU or mortgage payment protection insurance, it may help you for up to one or two years until you are able to return to work.

There is a good chance that you will require the protection offered by this type of policy throughout your working life especially during the time you have an outstanding mortgage liability. Depending on the provider of the policy it may be possible that the cover could commence after a 4 week period (known as the deferred period) However the premium that would be payable would be more expensive than a policy with a longer deferred period.

You may just take out the accident and sickness parts of the policy for example if you were self employed then this would be more applicable to meet your needs. You can also place a partner on the policy at a split percentage of the monthly pay out depending on what they earn compared with your earnings.

A brief outline of the policy benefits generally as follows.

You must have been working generally full time for at least six months. And not claimed recently and not know of any pending redundancies. The policy can only be valid when you have a mortgage in place and will be calculated in relation to your monthly mortgage payments. Past accidents, injuries or illness should be notified to the insurer. You should check the specific product providers policy documentation for an explanation of the level of benefit and terms and conditions that apply as these may differ between providers.

http://www.mortgagebestrate.co.uk/
02380 781222
patrick@mortgagehome.co.uk

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Update Tuesday, August 15, 2009 All About Unemployment Disability Insurance By Insurance Experts

2009-08-15T04:43:00.000-07:00

If you are just starting out in business or have been self employed for some time you should consider protecting not just yourself, but also your home and family against the possibility of you having an accident at work or home, or perhaps getting sick for a long time and not being able to work.

Both of these risks happen every day to someone unfortunate and it would be a brave person to jeopardise their home and business when accident and sickness insurance is widely available online to purchase in an instant cover that has been specifically designed for the self employed, and would remove all those worries.

Accident insurance is always sold as a policy in conjunction with Sickness insurance. This can usually be purchased individually as what is known as a disability cover or bundled up in a group of insurance products usually known as ASU (Accident, Sickness and Unemployment) or as Protection Insurance, commonly known as PPI.

When you purchase accident and sickness cover, you purchase levels of protection as units of what is known as monthly benefit. So for example if you need 1000 units of monthly cover you pay by the percentage rate cover unit determined by how old you are.

Typically a thirty year old in the UK who buys disability insurance from a well known independent supplier, will pay as little as GBP18 per month for GBP1000 worth of benefits, should they get sick or have an accident, leading to missing time off work.

ASU can be particularly cheap for self-employed persons if bought without the unemployment element of cover, which has significantly increased the cost of this type of cover in the near past due to the economic crisis.

Working for yourself is hard enough work alone, without having to worry about where the money is going to come from to pay the bills if you have to stop your business dealings for any time due to an accident or sickness.
Protection Insurance products such as mortgage, lifestyle and income protection, all offer peace of mind and cover for anyone who works for themselves or as a contractor, and is not covered by any existing employer accident compensation.

Be aware that any long term pre-existing medical condition usually excludes you from purchasing Payment Protection Insurance or Sickness Insurance cover.

Shop around the independent providers of ASU for accident insurance, as there are always good deals to be had in this very competitive market

Payment Protection Insurance and Accident Insurance for the self-employed can be purchased quickly online from leading UK companies.

Article Source: http://EzineArticles.com/?expert=Dave_Healey

Is Mortgage Repayment Insurance Worth the Cost?
By Robert McKnight

Mortgage repayment insurance is a type of insurance that will pay off your mortgage should you die, become unemployed, or become disabled. This type of insurance is a combination of life insurance, unemployment insurance, and disability insurance that protects the most valuable asset most people possess – their home. You can even get added protection that will pay your mortgage premiums for a period of time if you involuntarily lose your job. It sounds like a great idea, but it may not be the best financial product for you or even one that you need.

The Ideal Mortgage Repayment Insurance Candidate

If you are an individual who has no life or disability insurance, you are an ideal candidate to purchase mortgage repayment insurance. For someone whose only asset is your home and your family relies on you to pay the mortgage, it is incredibly important to take some steps to protect that home and family should the worst happen. Therefore, this type of insurance is for you.

If you happen to be a high-risk individual in terms of regular life and disability insurance, mortgage repayment insurance may also be a good choice for you. Many companies have little in the way of underwriting requirements for such policies. Therefore, you may be accepted for this type of policy even though you know you would have problems getting regular insurance.

The Disadvantages of Mortgage Repayment Insurance

Even though mortgage repayment insurance sounds like a great product, there are some disadvantages to it.

-There are many limitations on the circumstances under which you can claim benefits.
-There is often a waiting period before benefits are paid out, except in the case of death.
-Such plans decline in value, even though the premiums do not. You could get very little at the end of a policy compared to what you could get at the beginning. The value decreases as you pay off your mortgage. A wiser move is often to take out a term life insurance, especially if you already have disability benefits as a part of your health insurance.

What to Do Before Buying Mortgage Repayment Insurance

Before you buy mortgage repayment insurance, carefully review the types of insurance you already carry. You may have all your bases covered already. If you determine that you need to purchase mortgage repayment insurance, you will need to shop around. This coverage is very popular in certain countries like the United Kingdom and Australia, but it is less common in the United States. Therefore, it is important to look around carefully for companies that serve your area.

A very efficient way to shop around for any type of insurance is through online quote tools. Once you have quotes, be sure to compare not just the price, but also the plans, the level of customer service offered by each company and the company itself. It is important to make sure you are dealing with a financially stable company that will be around to assist you in cases your finances need that help. Mortgage repayment insurance can be worth the cost if you have no other plan in place and if you get a good policy from a strong company.

At the very least, it is important to make mortgage repayment insurance a part of your family's financial plan. Sleep tight without having to worry about paying your mortgage if you should become unemployed. Consider purchasing a mortgage payment protection plan today!

Article Source: http://EzineArticles.com/?expert=Robert_McKnight

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All About Unemployment Disability Insurance By Insurance Experts

2009-08-04T14:22:00.000-07:00

Since the introduction of Social Security's Disability Programs to the public, it has been one of the primary sources of financial aid by those disabled workers. It tends to provide relief and monetary support for their hospital bills and other daily expenses. It further helps in alleviating the disabled individuals suffering brought by their serious illnesses.

As stated under the Social Security Disability rules, people who have worked long enough and paid their Social Security taxes are eligible to apply for disability insurance benefits. This is regardless of their age.

However, they must first meet all the other requirements set by the Social Security Administration, which is the government agency assigned to implement this program.

Disability, on the perspective of Social Security, is any ailment that prevents a person to engage in any "substantial gainful activity". This ailment must have also last, expected to last for at least a period of twelve months, or may result in death of the person.

In filing an application for disability insurance benefits, the disabled worker is advised to prepare the following documents and information in order to speed up the process:

Names, addresses and contact information of physicians, hospitals, clinics, etc., attended to their illnesses
A brief summary of the worker's employment history for at least 15 years and the details of his job

Because of these important matters, the disabled workers must consider hiring their respective Los Angeles disability insurance lawyers who are very much capable in dealing with these requirements. These lawyers may also increase their chances of getting good results.

The SSA also implements a 5-month waiting period before they approve a petition. Yet, if the disabled employee died before the decision, the immediate family may pursue the application within three months prior to the worker's death.

The actual disability benefits that a disabled person may get will depend on the amount of his earnings before he has sustained his ailment. This would mean that the higher his monthly contribution, the higher his monthly benefits would be. Yet, this amount may still increase depending on the yearly inflation rate.

Nonetheless, Social Security disability benefits are designed for momentary bad health conditions. Hence, the SSA would certainly stop sending disability benefits in these instances:

If the beneficiary has already reached the age of 65, (This is when retirement benefits may replace disability benefits)
If the beneficiary has already recovered from his disability and get back to work to earn money on his own

Then again, for proper guidance and representation in filing a strong disability insurance claim with the SSA, employing the aid of a competent representative is a must to ease the disabled worker's further suffering.

Know and understand more about social security disability program and how it lessen the burden of the disabled with the help of Los Angeles Disability Insurance Lawyers

Rainier used to work in a publishing company as a writer and eventually became an associate editor. He dealt in writing instructional materials for secondary and tertiary students. His passion in writing inspired him to read a lot and subsequently enabled him to gain more knowledge and skills.

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Disability Insurance 01 - Unemployment Insurance - Government Program in Case of Disability
By Kyle J Norton

a) Any workers have worked in insurable employment for at least 900 hours ( Depended on the rate of unemployment it may be changed) since the last claim, if that claim was made within the last year.

b) have a physician's statement proving disability.

The benefits will be reduced dollar for dollar when the claimant receives:

The benefit will not be effected

1. Disability pension
2. Workers' Compensation payments from a permanent settlement
3. A personal or individual sickness or disability wage-loss policy.
4. Retroactive raises in wages or salary.

I hope this information will help. If you need more information, please visit my home page at:

Kyle J. Norton

http://lifeanddisabitityinsuranceunderwriter.blogspot.com/

http://disabilityinsurance01.blogspot.com/

Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton

Employment Practises Liability Insurance
By Alexander Gordon

Employment practices liability insurance offers protection to business against claims that their legal rights as employees of the company have been violated. This policy offers the business protection against lawsuits filed by its employees such as sexual harassment, wrongful infliction of emotional distress, failure to employ or promote, breach of employment contract, discrimination of age, sex, race, disability etc., wrongful termination, negligent evaluation, wrongful discipline, deprivation of career opportunity, unfair hiring practice etc.

Policy Overview:

The cost of employment practices liability insurance policy depends on the size and type of your company, number of employees, the risk factors involved, history of the company being sued over employment practices etc. the policy will compensate the company for the costs incurred while defending a law suit in court, its judgement and settlement etc. it usually covers all the legal costs no matter if the company wins or loses the suit. The policy not only covers the employer entity but also its directors, partners, officers etc. Employers should try to obtain the broadest coverage available, making it possible for part-time, temporary, leased, seasonal employees and independent contractors to be covered too. It is common for these policies to offer severability, where an innocent insured will not lose his insurance when another insured acted in such a way as to be excluded from the coverage. The employment practices liability insurance agencies allow the employer to select their own defence counsel. This policy has a draw back as insurance agencies may refuse to pay punitive damage claims! The claim that the employer seeks coverage for must take place with in the period of the policy.

The current trend to sue the employer has resulted in corporate countering them by drafting policies that forbid discrimination and harassment, training personnel to reinforce the policies, making sure that the employees’ complaints are heard and that appropriate action is taken. This is a serious matter as employment disputes make up over 30% of all civil litigations! The current federal and state employment laws have favoured employees, making them seek broader than ever rights of recovery. Therefore the employer will benefit if the policy applies on a per claim basis as, if the business faces a class act lawsuit, it will just have to pay one deductible for the entire claim. The business will benefit if it obtains a cap on the total amount of the deductible to be paid under the Employment practices liability insurance policy.

Make sure you investigate the need for the policy thoroughly, choose a good carrier, are able to choose your attorneys in case of a lawsuit, and maintain control over settlements if any. There are firms that offer their services and products to help run a business smoothly making the work of new entrepreneurs easier.

Alexander Gordon is a writer for http://www.smallbusinessconsulting.com - The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at $24.95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.

Business Owners all across the country are joining "The Community of Small Business Owners” to receive and provide strategies, insight, tips, support and more on starting, managing, growing, and selling their businesses. As a member, you will have access to true Millionaire Business Owners who will provide strategies and tips from their real-life experiences.

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All About Unemployment Disability Insurance By Insurance Experts

2009-08-04T14:19:00.000-07:00

Unemployment Insurance Facts
By Robert McKnight

Because of the increasing necessity to protect your home from foreclosure you are in a position of having to seek out information; you need to know the unemployment insurance facts. Unemployment insurance may be the protection you are searching for, but you have to be sure.

Here are some of the basic unemployment insurance facts for you to consider.

Unemployment is Rising and Increasing the Need for Unemployment Protection

Unemployment in the United States is increasing each and every month as nearly two million jobs were lost in the first 11 months of 2008. More jobs are expected to be lost in 2009 as projections are of another two millions jobs to vanish in the upcoming year.

Facing the challenges of unemployment requires planning ahead. There are many ways to get through the tough times caused by the loss of your job. Most people attempt to put away money in their savings account for just such an occurrence. This is one type of protection, but it can be difficult to do and unemployment for a couple of months can really cripple your savings. Unemployment insurance can give you added protection through these times at an affordable cost.

Government Unemployment Assistance May Not Be Enough

The average pay out per month for state unemployment assistance is only $378. While this could come in handy and does not cost you a monthly premium, you have to decide if it will be enough to help you out with your mortgage and other monthly bills.

The Unemployment Insurance Market is Growing

This means you as a consumer now have available to you more complete and flexible coverage options and at better rates. The market is also reaching far into the online insurance industry and allows for you to seek out providers and compare their rates and policies.

Unemployment Insurance Rates Are Straightforward

Compared to other lines of insurance such as life insurance and car insurance, the premiums for unemployment insurance are not as complex. Unemployment insurance rates are based upon the amount of coverage you are seeking. They have nothing to do with your credit score, medical history (unless you also get disability insurance) or driving record. There is no magic formula to calculate your premiums-everyone is equal and you get what you pay for.

While there is still more to learn about unemployment insurance rates, you now have a basic understanding of how this type of insurance works and how it may help you out in tough financial circumstances. Unemployment insurance can be an affordable and practical way to protect your home in these difficult economic times, though you should not go into the transaction blindly.

Article Source: http://EzineArticles.com/?expert=Robert_McKnight

Income and Disability Insurance
By Lance Winslow

Let's say you work for a company that has excellent benefits and a great insurance health package too. Unfortunately, your health care provider from your employment does not cover income and disability insurance.

If you are hurt on the job in some type of industrial accident then you are covered by workmen's comp insurance. But what happens if you are hurt outside of work? What if you are hit by a hit and run driver on your bicycle or you fall off your roof or any number of back breaking events?

Well, without being able to work you will run through your sick-time and vacation time pretty quickly and then be without any income to pay your bills, make your mortgage payments or buy food. We often hear about this happening to others, but what if this were to happen to you?

What would or could you do? Without disability and income insurance you will not be able to live and with such a grave injury you cannot work. Income and disability insurance essentially gives you an income if you become disabled or gravely injured and cannot work, saving you from sure financial ruin.

If you have a full-time job and make a decent living, what will do if you cannot work; you could start a little website business, but in doing so it might take months to see any revenue. Of course, like any type of insurance you need to read the small print if you decide to buy disability insurance.

Some income disability policies may only offer 50% of your income if you are disabled, but there are some insurance companies that have policies of up to 80%. You may also have the option of choosing a delay period, this is the period of time from when you are first deemed disabled until the time that the insurance will kick in, most policies are the standard 30-days, but there are also; 60, 90, 120, 180 days.

There are many coverage issues and pricing or premium costs that go along with such policies so it makes a lot of sense to read the policy carefully and get the advice of a competent, licensed and registered insurance agent in your state.

"Lance Winslow" - Lance Winslow's Bio If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net

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Disability Insurance 14 - Disability Insurance For Wage Loss Replacement Plans
By Kyle J Norton

As we mentioned in the other articles, the main purpose of disability insurance is to to replace an individual's income should they be unable to work as a result of either an accident or a sickness. In this article, we will discuss the wage loss replacement of disability insurance.

A Wage loss replacement plans normally requires that a Directors' Resolution be passed that authorizes the corporation to purchase individual disability policies covering key employees of the business.It is designed to provide the benefits of individual disability policies to key employees, while at the same time maximizing the tax benefits to both the employer and employee.

1. The employer pays all the premiums under the policies and the disability benefits are paid directly to the disabled employees.

The policy may also provide that on the retirement or termination of the employee's service, the policy will be assigned to the employee. One benefit of grouping several individual disability policies is that the insurer may provide premium discounts when the same policyholder owns multiple policies.

2. For tax purposes:

a) This type of program is recognized as a group sickness or accident plan provided it covers two or more employees. There must be a common element for each class of employees, such as senior management or office personnel. The premiums paid by the employer are tax deductible for the employer. Generally,they are not a taxable benefit to the employee but benefit payments less any employee contributions are taxable upon receipt. In case of termination of employment of the employee and acquires the employer's interest in the policy, the insurer usually reserves the right to reduce the benefit amount at that time. This helps to avoid over-insurance.

b) An alternative approach could be for the company to pay the premium by virtue of a directive from the shareholder/employee. The premium would then be considered part of the employee's compensation or salary and would be taxable to the employee. The employer would increase the compensation by the amount of the premium and then deduct the premium payment. The employer would withhold and remit income tax deductions at source for the new higher salary amount. In this way, the disability benefits are not taxable to the employee when paid out.

I hope this information will help. If you need more information of the above subject, please visit my home page at:

Kyle J. Norton

http://businessdisabilityinsurance.blogspot.com/

or http://lifeanddisabitityinsuranceunderwriter.blogspot.com/

I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990.

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All About Unemployment and Worked Related Disability Insurance By Insurance Experts

2009-08-04T14:13:00.000-07:00

Protect Yourself With Unemployment Insurance
By Robert McKnight

While it is not new news that the economy is down, and lay offs are hitting almost every industry, and unemployment is reaching proportions not seen in nearly a generation, you may have not considered protecting your biggest personal investment. Though it is still in its relative infancy, unemployment insurance is coming into its own as a method of helping people like you protect your home.

Who Needs Unemployment Insurance

Most people could at least use the reassurance that unemployment insurance offers with the rising unemployment rates in today's economy. If you felt safe a few months ago, you may not be feeling safe today. The meteoric rise in unemployment has necessitated the need for unemployment insurance for those who have a home they need protected.

If you have a mortgage and are currently employed, then you may need unemployment insurance. The risk of losing your job has suddenly become very real and the need to protect your family home has risen to the top of your priority list.

How Can Unemployment Insurance Help You

With another 2 million plus jobs projected to be lost in 2009, unemployment insurance can at the least ease your mind and at the most get you through the hard times by paying your mortgage while you are unemployed. A relatively small monthly premium that will generally be less over a whole year than one month of your mortgage payment is the cost of unemployment insurance.

If you lose your job due to a layoff or other reason that cannot be considered your fault, the cash benefit will be paid directly to you. You can use the funds to pay off whichever bills you choose while you search for employment. The amount of funds you receive will be related to your monthly mortgage payment and will have been set during the original agreement.

Consider Other Mortgage Protection Insurance Policies

Straightforward unemployment insurance is not the only way to protect your home and your family. You can add disability insurance to your policy or get a separate disability insurance policy all together. If you lose your job or are temporarily unable to work because of disability, you can also receive a cash benefit to help out with your bills.

Unemployment insurance can take many forms and can protect your home and family during shaky economic times. Policies can be tailored to your needs and those of your family. When considering how to protect what you have and to get through the lean times, don't underestimate how the right unemployment insurance policy can offer you the protection you need.

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Disability Insurance Without Health Questions or Occupation Questions or History
By Marilyn Katz

Why Consider Disability Insurance?

Many Americans assume that they do not need disability insurance. They believe that they can simply file for a government program like social security if something happens to them. However, it is not always easy to qualify for social security as a disabled person, and the government imposes a waiting period. Besides the cash amount of social security payments would not be high, and would be unlikely to match your current earning power, or even be enough to pay your current bills. Unless you would like to endure a dramatic change in lifestyle, you would be well advised to consider a private disability insurance policy.

Finding Disability Insurance Can Be Tough

It can be hard to find an individual disability insurance policy, or an insurance agent who is experienced in writing them. Once you find a company who will write disability insurance, you may find that they will disqualify you because of a past health history. They may even disqualify you, or offer you high rates because of your occupation. If you have ever been convicted of a serious crime, even if it was years ago and you have lived a clean life for years, you may also be refused insurance.

Some Companies Only Attach Disability Insurance to a Large Life Insurance Policy

Many agents, especially those who sell mortgage life insurance, will only sell disability as a percentage of the face value of a term life insurance policy. However, if you already have life insurance, you may not want to buy this sort of protection. I think it is important for you to be able to buy the type of protection that is important to you.

New Disability Plans are Meeting Consumer Needs

A new type of disability insurance has emerged to meet consumer needs. Instead of asking health questions, this income protection uses a short waiting period to qualify individuals. The same affordable and comprehensive policy also pays out cash for involuntary unemployment and hospital stays. In other words, your coverage will protect you when you most need the extra money.

You can use this income protection insurance to cover your mortgage, keep groceries on the table, and pay bills. The benefits should tide you over until you can return to work or qualify for government disability. To use the unemployment benefit, you must qualify for government unemployment insurance. Since your state unemployment benefit is usually only enough to buy groceries, the extra cash will certainly be useful.

You do not even need a home mortgage to qualify for our income protection insurance. But since it provides disability insurance, hospital indemnity insurance, layoff protection, and a life benefit for one affordable price, we call it the Best Mortgage Protection Insurance!

Mortgage or No Mortgage: Mortgage Disability Insurance

Save money on all insurance at the one place where you can Compare Insurance Quotes Online

Article Source: http://EzineArticles.com/?expert=Marilyn_Katz

Supplemental Unemployment Insurance Hits The US!
By Marilyn Katz

Secure Your Finances No Matter What Happens

If you lose your income, can you keep your finances current? Sometimes a job loss, even if you only spend a few months between jobs, can put you behind on mortgage payments and other bills. Many people can only find work that pays less than the job they left, especially because they need to take the first job they find, and that makes it much harder to catch up on bills. Even when people qualify for state unemployment insurance, the amount they qualify for is usually only enough to pay for groceries, and not enough to make mortgage payments, or to keep the lights turned on!

Private Supplemental Unemployment Insurance

However, if you qualify for state unemployment insurance, you can also collect cash benefits on a supplemental unemployment insurance policy! If you are concerned about an involuntary period of unemployment as many Americans are, then a private unemployment policy can ease your fears. The policies are available in most states, and are available for amounts up to $2,000 a month! That amount, added to state unemployment benefits, can certainly allow you breathing room, so that you can search for a new job.

Quote and Buy Online

The rates are very affordable, and you can find a simple online quote form. To make the process even easier, you can even apply online. Policies cover involuntary unemployment, but good ones have even more benefits. They can cover your finances if you are laid off, disabled, or in the hospital. They even can provide a death benefit to your family if you die. Now! Here's the great part! You do not need to even answer any health questions. Furthermore, we have found benefits that you can apply for up to age 70!

Learn More Before You Buy

Of course, each policy is different, and some waiting periods and limitations will apply. For instance, most plans require you to qualify for government unemployment benefits in order to process your private unemployment insurance claim. Likewise, you will need to have the policy in force for a period of time before any disability claims for pre-existing conditions will be covered. On the other hand, you can collect disability benefits even if you have other disability insurance.

You need to compare available unemployment and mortgage protection policies to find the benefits that work for you, and the price that fits into your own budget. However, I believe these private unemployment and mortgage protection polices can provide financial security at a very affordable price.

Get Free Online Mortgage Protection Insurance Quotes at Best Mortgage Protection!

http://best-mortgage-protection.com/

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