Rich retiree, poor pensioners

creating capital and taking care of their future and the future of their families (those who are less than 40 years). Most people confuse life insurance with life insurance - this is a very grave error. Few will explain to you. Risk insurance is insurance protection (personal, property or car), and is that you pay a certain sum of money to the risk of the insurance company, thereby protecting themselves from certain troubles (car insurance, health insurance, property insurance, and others. ). And if there has been no insured event under the insurance contract, then the money will remain in the insurance company (the UK). Details about insurance in Ukraine you can read at this link - http://insuranceukraine.com.ua/

A life insurance policy - a tool accumulation (piling up money for you). Its meaning and the need is as follows: during work you put a comfortable amount (one that will not degrade your lifestyle) in cash, and it does not keep the money under the pillow, and use them to make a profit (investing for the long term ). Thus, you, together with the financial life insurance company consultant program calculates the amount of funds that you are willing to put off a year (10-20% of total revenue - do not need to). Putting money in an insurance company, according to the Law of Ukraine "On Insurance", they are very well distributed and invested in the different spheres of the national economy in order to reduce investment risks. This is called a conservative investment (long term - 10 years). Guaranteed annual income percentage (ie, they can not guarantee the banks), according to Ukrainian law, is 4 (difficult)%, plus an additional investment income (BIT) on profits of enterprises and areas where money works. The average rate of return is now common in the UK TAS is 18-19% (such income does not give any one company).

To make it more clear, let's look at an example and take the lump sum for ease of calculation.

You set aside each year on 5 000 hryvnia for 20 years. Thus, in 20 years you have accumulated their own money 20 x 5000 = 100 000 hryvnia. But as the money invested by compound interest, over 20 years, this amount will increase about three times, and eventually your account will be about 300 000 hryvnia.
Next, you have 3 options:

1. you take this money from the UK and use them on your own (real estate, starting a business, children's education, etc.).

2. You are leaving money on the insurance company and translate them on the rent (a percentage of the accumulated capital). The simplest rent - 10% per annum of the capital. Thus, the subsequent years (life), according to the example, you get 30 000 hryvnia per year (2 500 UAH per month). And you can transfer this capital inherited.

3. You leave the money in the UK, to prolong his contract before the retirement age (55, 60, 65) - the current program for youth up to 35 years. That is, after 20 years, you will never make any money and the money is starting to do work for them, and is increasing every year in the amount of annual interest, which further increase the final capital.

This is all that relates to the financial part. And since the savings program is a life insurance policy, then it is, and the protection of the insured life. I will not write sad things, so think of this information as an explanation.

During the work a person can withdraw from life, so at the conclusion of the life insurance contract is calculated the sum insured in case of death, which is equal to approximately the final capital accumulated by your means (for example - 100 000 hryvnia). The older a person is, the less the insurance amount, as a person is exposed to greater risks.

The insurance company TAS provides protection in three cases:

1) a natural death (due to illness) while beneficiaries who are insured indicated in the application, receive the sum insured in the amount of 100 000 hryvnia + %% (compound interest) over the years from the beginning of the contract;

2) death due to accident: vygotopriobretateli receive double the sum insured - 2 x 100 000 = 200 000 %%;

3) death in a road accident: vygotopriobretateli receive triple the insured amount - 3 x 100 000 = 300 + 000 hryvnia %%. What it does not matter whether the insured driver, passenger, pedestrian, or a train and an airplane, etc.

And also there is an option - the loss of working capacity as a result of a disability I-st ​​group. This IC is committed upon the occurrence of such an event to pay all future payments under the insurance policy at its own expense, as the insured no longer able to earn a living. And by the end of the insurance contract to pay the final sum to the insured person.
This is a brief description of the meaning of life insurance. With it, you care about your future and the future of your children, and thus have to protect your family from unforeseen consequences that will protect you !!!

In the future, I will share with you how to make a choice of the insurance company, and how the mechanism of life insurance.

It's my money, and I want it now

It's my money, and I want it now!

J.G. Wentworth is one of the world's largest buyers of structured-settlement payments and annuities. It handled more than $2 billion in payment transfers between 1994 and 2009.

In 2009, then-chief marketing officer Ken Murray said that the company had seen a steady increase in customer inquiries following the economic downturn. Despite what was happening in the economy, there were always people looking to sell annuities, structured settlements and lottery winnings, Murray said. Due to the nature of the business, buyers of payments usually see customers when they are in some sort of financial predicament.

"Historically, the common denominator is people who need cash, but there are some new reasons we are hearing more frequently than others as a result of the recession. It might be the fact that they lost their job or their mortgage payments have increased," said Murray.

The company declined to provide an update on whether inquiries were on an upswing.

Some television commercials and advertisements may seem to imply that getting a quick cash payout on a structured settlement or annuity is just a phone call away. Rather, it's a court-controlled process that comes at the discretion of a judge. A phone call to an advertised 800 number is only the beginning of a lengthy process, and a regulatory framework mandates that every single transaction go before a judge, who must decide whether the transaction can move forward.

The payee, the structured settlement holder, must prove that they have a legitimate need for the money and calculate the payout amount that they are requesting. While regulations for annuities and lottery winnings can differ, the payee can't turn a structured settlement into cash simply because he wants a new car, a nice vacation or an RV to tour the country. In order to keep unscrupulous companies at bay, most state laws also require that the transfer of the settlement rights be in the best interest of the payee.

How does it work?

When a structured settlement holder calls, an agent and team will review the settlement, circumstances and reasons the applicant needs the cash. If they decide to move forward, they offer the payee an upfront sum to surrender the stream of payments, along with a discount rate.

This discount rate, which is typically between 6 percent and 29 percent, is comparable to the interest you would pay on a loan, says Grover Christopher Collins, managing partner at the Collins Law Firm in Nashville, Tennessee. As such, the lower the discount rate, the better the deal.

"You can negotiate," Collins says. "It's not a take-it-or-leave-it proposition; and you can also shop around."

Once you do accept an offer, however, the company will file a petition for transfer of the structured settlement in court in the state the company is in.

"The judge is the final arbitrator of whether it gets approved or not," Collins says. Rulings are made based on, among other things, what the person needs the money for, what the discount rate is and the structured settlement company's reputation.

Exact processes will vary depending on jurisdiction, but from the time a payee calls to the time they receive money can be as little as 62 days or as long as 90 days, Collins says.

David Lewis, senior vice president and general counsel with Stone Street Capital LLC, says few people sell their entire transactions at once. Payees usually sell a portion of their payments, just enough to meet their financial needs, and offers from companies are detailed Want structured settlement cash now? Not so fast!

Looking for cash to stay afloat? You're not alone. There are those who have a need for money and will turn to some unusual places to get it.

Selling annuities, structured settlements, scheduled lottery payoffs or other ongoing payments for cash became more popular during the recession. But if you're still feeling the cash crunch, this tactic is a potential option.

Unless the financial predicaments are dire, most financial advisers recommend against cashing in annuities or structured settlements. Selling off an annuity can trigger surrender charges as high as 10 percent, and those who sell before age 59 1/2 can also face federal taxes and penalties. Structured settlements are attractive because they generally provide tax-free income for life.

Yet, sometimes cashing in is the only option. That $500 monthly payment from an old accident may have helped with medical bills early on, but if the beneficiary lost his job and fell behind on some bills or had to make significant costly repairs to his home, a lump-sum payout of $50,000 may seem quite enticing.

Americans have a great deal of money tied up in structured settlements and annuities, with a little less than $6 billion worth of new structured settlements written each year, according to the National Structured Settlements Trade Association. At the end of 2013, there were also 34.8 million individual deferred annuity contracts in place exceeding $2.58 trillion, according to LIMRA Secure Retirement Institute, a nonprofit research trade association for the financial services industry.

in disclosure statements with discount rates and all the information they need to make an informed decision. Lewis says other factors that go into determining the payment amount include: in which state the payee resides, the payments they want to sell and the size of the payments.

"It gets pretty complex and, regrettably, has become more complex recently. The amount is a function of many factors, and these factors are more sensitive today than they might have been (in 2008)," says Lewis.

Lewis specifically points to insurance companies that have seen their credit ratings downgraded. The cost of funds and capital has also gone up, and developments throughout the credit markets can have big implications in the structured settlement industry. Right after the 2008 banking crisis, fear spread about the vulnerability of cash and assets kept in certain institutions. Despite the fear and bad press, many people weren't looking to cash in their payments in a panic that they wouldn't be there, Lewis says. A judge also would be unlikely to accept that fear as a reason for selling payments anyway.

"If someone called for that reason, we wouldn't do business with them and would just tell them not to be worried. We would be buying that annuity anyway, so if we thought it wasn't going to be good, we wouldn't be buying it in the first place," says Lewis.

کیپٹن (ر)صفدر کاعمران خان کو الیکشن لڑنے کا چیلنج

مسلم لیگ (ن)کے رہنما کیپٹن (ر)صفدر نے عمران خان کو الیکشن لڑنے کا چیلنج دے دیا ہے ۔ دنیا نیوز کے مطابق کیپٹن (ر)صفدر نے کہاہے کہ عمران پنڈی سے سیٹ چھوڑدیں اور اور میں مانسہرہ کو چھوڑ دوں گا ۔

پاکستان پیپلز پارٹی کے رہنما راجہ ریاض نے تحریک انصاف میں شمولیت کا فیصلہ کر لیا
یاد رہے کہ پانامہ لیکس میں کیپٹن (ر)صفدر کی اہلیہ مریم نواز شریف کانام آنے کی بازگشت کے بعد تحریک انصاف نے کیپٹن (ر)صفدرکی نا اہلی کے لئے الیکشن کمیشن میں درخواست دائر کرتے ہوئے الزام عائد کیا تھا کہ کیپٹن (ر)صفدر نے اپنی اہلیہ کے اثاثے چھپائے لہذا انہیں نااہل قرار دیا جائے۔

ن لیگ کے جلسے میں کرسیاں خالی ہونے کی وجہ سے امن ہوتا ہے: عمران خان

چیئرمین تحریک انصاف عمران خان نے کہا ہے کہ ہمارے مقابلے میں ن لیگ کا جلسہ اس لیے پر سکون ہوتا ہے کیونکہ وہاں کوئی ہوتا ہی نہیں ہے۔
نجی ٹی وی نیو نیوز کے پروگرام میں سینئر اینکر پرسن فواد چوہدری نے سوال کیا کہ پی ٹی آئی جلسوں کے انتظامات ہی نہیں کرپاتی ۔ الیکشن کے دوران پارٹی نے چیئرمین کو مارنے کی کوشش کی اس کے بعد ملتان میں بندے ماردیے اور اب جو کچھ خواتین کے ساتھ ہورہا ہے تو لگتا ہے کہ پی ٹی آئی کے جلسے میں جانا موت کے کنویں میں جانا ہے اور جو وہاں سے واپس آجائے اس کی ہمت ہے۔
اینکر کے سوال پر عمران خان کا کہنا تھا کہ ہمارے جلسے میں بہت زیادہ لوگ ہوتے ہیں جس کی وجہ سے انتظامی مسائل پیدا ہوتے ہیں ۔ بدھ کو بنوں میں ہونے والے جلسے میں اتنے زیادہ لوگ آگئے کہ ہمیں اس کی امید ہی نہیں تھی۔ انہوں نے کہا کہ نواز شریف کے جلسے اس لیے پر امن ہوتے ہیں کیونکہ وہاں عوام ہوتی ہی نہیں ہے اور اکثر کرسیاں خالی ہوتی ہیں جس کی وجہ سے کوئی انتظامی مسئلہ ہوتا ہی نہیں ہے۔

50افراد قتل کراچی کی بیشتر زمینوں پر قبضے کئے ،سعید بھرم کااعتراف

دبئی سے گرفتار سیاسی جماعت کے ٹارگٹ کلر سعید بھرم نے دوران تفتیش اہم انکشافات کئے ہیں۔ بھرم نے تحقیقاتی اداروں کو بتایا کہ پچاس افراد کو قتل اور کراچی کی بیشتر زمینوں پر قبضے بھی کئے۔ دبئی سے گرفتار سیاسی جماعت کے ٹارگٹ کلر سعید بھرم نے مختلف علاقوں میں کی گئی قتل کی 50 وارداتوں کا اعتراف کر لیا ہے۔ ملزم نے تحقیقاتی اداروں کو بتایا کہ وہ بھارت ، ملائشیا اور دبئی میں سیاسی جماعت کے کارکنوں سے ملاقاتیں بھی کرتا رہا ہے۔ ٹارگٹ کلر سعید بھرم کے اجمل پہاڑی ، قاضی منہاج اور رئیس ماما سے بھی قریبی تعلقات تھے۔ تفتیشی حکام کے مطابق ملزم نے دوران تفتیش مختلف علاقوں میں زمینوں پر قبضہ سمیت سیاسی جماعت کے رہنما آفاق احمد کی گاڑی پر فائرنگ میں ملوث ہونے کا بھی اعتراف کیا ہے ۔