A life settlement occurs when a life insurance holder sells their policy to a third party for a set amount of money (generally less than the death benefit amount). The third party then collects on the insurance policy when the original holder dies at a later date.
The life insurance settlements business started over 100 years ago, when a doctor chose to help out a patient that was dying, by providing him money for treatment and in return getting the patient’s life insurance policy. On his death, the doctor collected on the policy. It was such a radical idea that the doctor had to go to court (Grigsby vs Russell) to defend what he did, that a life insurance policy was an asset. He won and the life settlement industry was started.
It lay dormant for many years until the AIDS epidemic started. So many young men dying that needed money to help treat this new and horrible disease that started in the early 1980s. A new form of life settlements was created, called Viatical Settlements, that dealt with a person selling their policy that was terminally ill.
The industry went through a number of changes and more government regulation was implemented to help keep the business honest. Seniors discovered it in the late 1990s as a way to help supplement their later years for something that they could no longer afford or wanted. By 2005, the life settlement industry had grown to more than $5 billions in size. The industry is quite an intricate one so if you are looking to learn more about it, visit Life insurance Settlements today.
Online selling, particularly on Amazon.com, has become a common business venture nowadays. Almost everyone is into it as it’s a great way to earn money on the side, or even full-time. Why not? But despite the fact that anyone can learn to sell on Amazon, the competition makes it really challenging. How can you stand out? How to attract customers on a daily basis? How to make your customers stick with you? And so on.
Here’s an infographic presented by Buy Box Experts. It talks about the secrets on how to become a top Amazon seller:
1. Choose products suited for your situation.
2. Whatever happens, always follow Amazon’s rules and guidelines.
3. Become an Amazon featured merchant (yes, it’s possible).
4. Take advantages of seller central reports.
5. Prep for the Holidays.
6. Play with Amazon’s simple marketing opportunities.
7. Package and label with care.
8. Don’t stick with your pricing strategy; be flexible.
9. Utilize the right fulfillment service.
Forecast the trends and be one of the first movers – that’s our advice to take the lead in eCommerce industry. Let’s move forward strong to 2017 by knowing what’s going on in this year, and get well prepared for it.
The legal system – laws, attorneys, judges, and the police – are around to enforce and protect the citizens within a country. Attorneys go through a strict and rigorous education and training process in order to learn to act in accordance with the rules and regulations of the legal system. Attorneys can be seen as advocates for the people in which they represent, fighting for their rights, and assisting them in attaining what is rightfully and lawfully theirs under the eyes of the Law.
There are many fields within the Law, such as traffic law, immigration, civil rights, corporate, education, criminal, labor, and more. Many of these law professionals have developed industry specialized knowledge within these fields, making them the experts. If you find yourself in need of legal services or want to know more, contact us at Babkes & Associates.
Like any other successful companies, Amazon t0o has come a long way. Jeff Bezos, Amazon’s founder, thought of selling books in a more efficient way. This desire led to the creation of Amazon. And as years passed, he realized that he can sell almost everything once he understands his customers’ preferences. So he started acquiring information about his customers. As a result, he had expanded Amazon into a giant e-commerce site, selling various items.
Amazon, indeed, is a great example of an effective conglomerate, having the ability to understand what people want and take advantage of its resources and location. Books, for example, started because many people wanted them. Selling books was a great starter because they’re easy to carry and pack. Plus, Amazon’s office was situated near a major book distributor. Genius!
Want to know more about Amazon? Here’s an infographic presented by Buy Box Experts. It features Amazon’s evolution.
Compound interest refers to reinvesting the money you earned from your initial investment. The interest you earn each year is added to your original balance, which you then continue to earn interest on. Your balance grows at an increasing rate. The following example will show you exactly what kind of effect compound interest can have on your money: Would you rather have $10,000 every day for a month or a penny that doubles every day for a month? Most people will laugh at the idea of taking the doubling penny, but it turns out that this option earns you more than 15 times what the $10,000 does.