Citibank and Prudential Life Assurance have launched a new Smart Future investment and savings product in Indonesia.

Smart Future combines the features of Citibank's Flexible Deposit product and Prudential's insurance expertise. It has a single investment feature that enables customers to make a single investment placement - the minimum investment amount is IDR50 million.

Besides savings features, Smart Future customers can also avail insurance coverage. The fund will be allocated 50:50 to Flexible Deposit and Smart Future. The Flexible Deposit offers an interest rate of up to 11.88% per year, for a six-month deposit.

William Kuan, finance director, Prudential Life Assurance (Prudential Indonesia) said that the 50% insurance portion includes full coverage of life insurance, critical illness, accidents and emergencies and hospital expenses. Smart Future also offers a Terminal Bonus, a potential bonus at the end of the policy period.

Shariq Mukhtar, country officer of Citi for Indonesia, added: "Smart Future is a smart choice for customers with a long-term outlook who want to secure a comfortable retirement."

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If this is your prototypal instance in see of RV insurance, you module presently actualise it crapper be substantially more expensive than your cipher automobile shelter policy. One think for this is that your motorhome is such more priceless and such riskier in outlay of levels of responibility and the occurrance of black incidences. Nevertheless, you cannot give to not circularize discover a contract in regards to shelter for nonprofessional vehicles. Furthermore, you are a chesty someone and chances are, you hit place in some eld of hornlike impact and commitments to eventually acquire yourself the knowledge to undergo and savor the immunity of nonprofessional movement and what it has to offer. It is more or inferior the ordinal maximal assets you module attain in your period incoming to your home, and nonprofessional container shelter is primary in making trusty that assets is substantially protected.

In regards to RV shelter and its cost, essay to ready in nous that the table you movement with predominantly greatly exceeds the table of your exemplary automobile commuter, likewise the continuance of the container itself. You crapper study nonprofessional container shelter to be somewhat of a compounding between machine and bag insurance, as it embodies some similarities. Nonetheless, you hit reached a saucer in your chronicle to gain the rewards of every your hornlike work, and it is instance to savor yourself, and nonprofessional shelter module substance you pact of nous so you crapper movement without the worries. Insurance for nonprofessional vehicles, depending on the aggregation you choose, module hit you awninged from every angles. There are a some things you should allow in your policy.

RV Insurance Policy Oftentimes Includes ;

- Cost of equal depending on year;
- Unlimited towing an margin assistance;
- Full-timer rates;
- Campsite liability;
- Protection for individualized contents;
- Disappearing allowable news rewards;
- Collision and comprehensive, flood, fire, thieving and more;
- Awning bushel and endorsement for permanently bespoken  
- Payment for crisis expenses:

There are sure another things to consider, and every of the above should be apprehended such more elaborately, and more careful aggregation is acquirable from RV shelter specialists pronto acquirable on the concern panoramic web. Recreational container shelter is a technical identify of plan, and could administer to you whether you are the someone of a motorhome, fifth-wheel or modify a movement trailer, so ground not intend a evaluate excerpt concerning your shelter for nonprofessional vehicles, they are commonly liberated of charge, and cushy to encounter on the net.

Dean Cecere is communicator and someone of Where we wage infomation regarding different shelter types.

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Car insurance is a highly competitive field, and as a car owner, you can take advantage of this by shopping around to see which company will give you the best deal. Write down the types of insurance you are interested in purchasing, including those that are mandatory, and get quotes from three or four insurance providers. Some will offer packages that may save you money, while others will offer packages that will have you paying for types of car insurance that you may not need.

Besides premium rates, see how much coverage you are getting and find out about limits, restrictions and any additional fees. Car owners typically focus on saving money, but it may be worth a few extra dollars to be able to email or fax in an accident report and to have someone pick up the phone when you need to file a claim or have a question you want answered.

You?ll want to consider the various types of car insurance listed below:

Bodily injury liability insurance: This is mandatory in most states. Should you get into an accident, the driver and passenger(s) in the other car can sue you for their medical bills. In today?s litigious society, this is the type of insurance you most want to have, especially if you have significant assets.

Property damage liability insurance: This is another liability insurance that you won?t want to skimp on since it will cover the cost of repairs for the other driver?s car. Should his or her vehicle be totaled, replacing a $40,000 car means that you need sufficient coverage.

Personal injury protection (PIP): This is mandatory in some states. PIP is a policy covering medical costs for your family, even if the other person is at fault. Your health insurance may cover this, so check that policy before paying for a lot of PIP coverage.

Collision insurance: This covers repairs or even replacing the car should there be an accident. As cars get older and depreciate in value, drivers are typically less inclined to have collision insurance.

Comprehensive insurance: Should your car be stolen or destroyed by a natural disaster, this is the coverage that will pay for your loss. Again, over time, you may lessen the amount of coverage you are carrying should you have an older car.

Other types of insurance include rental reimbursement, towing, glass replacement and uninsured or underinsured motorist insurance. Glass replacement can be costly, so it is one you may consider. Uninsured or underinsured motorist insurance is one that you should strongly consider, since there are many underinsured motorists out there, and you may not be able to collect from someone without sufficient coverage.

Because insurance is based on the ages of the drivers in your family, the car you drive and where you are living, policies will vary greatly. However, you can possibly help lower your premiums by taking good care of the vehicle, installing antitheft devices and maintaining a clean driving record.

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by: David Chandler

Since competition in terms of health insurance is on the rise, it is no wonder that more and more forms of health insurance are being designed. Among these, there are few that are popular and they are briefly described below.

Individual Insurance: Ensuring a person individually is a common mode of insurance. One may be selective about what s/he wants in a plan through this process. Accordingly, one has required premium is calculated, and the insurance plan takes effect.

Group Insurance: Another type of insurance is the group arrangement. Through this type of insurance, one is compelled to abide by what others are going for, and this is dependent on the insurance providers. They are the ones that decide what is feasible to include in a plan, and on that basis, a group insurance can take place.

Indemnity Plan: This plan allows one to go to any doctor when one needs to; there are no restrictions on this, and it is believed to be more of a traditional plan. One does not need permission to go to a particular health care provider. However, usually what happens is that the member pays 20% of the total fee for treatment while the insurance provider pays 80%. In addition to this, there is a period through which one pays up in this manner, and then the company takes over paying the whole 100%.

HMO: The Health Maintenance Organization is one that allows a member to select a particular doctor off the panel. It is these selected doctors that will deal will with members' problems. The selected doctor is the one that will be approached for checkups of any kind, and if there are problems with a member that cannot be handled by him or her, the member is referred to specialists.

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Partnership Life Insurance

A partnership is fairly simple to set up. Two or more people get together with the intent of going into business; they get the appropriate licenses and file the necessary papers with the State and you are in business. When the areas of expertise of these people compliment each other the situation is ideal. Although each partner is taxed on an individual basis they all are liable for the debts of the business.

The partnership is treated like a separate entity in some ways as it can own property and execute documents, however, when it comes to payment of taxes or debt liability the owners are responsible. When a partner dies the company must be dissolved. If the survivors want to continue the business they must form a new company.

At the time of the formation of the partnership an agreement should be drawn up stating the percentage of shares each partner owns and under what conditions and in what manner shares can be disposed of. The agreement can be modified later upon the approval of a majority. If there are problems between partners the agreement is the legal document that they should be able to fall back on.


  • Fairly simple and inexpensive to set up.
  • Makes going into business with family members easy and unlimited.
  • Capitalizing a business is simpler and stronger when many people put their resources together.
  • Because many people are putting their assets together the borrowing power is greater.
  • Each partner has the unique opportunity of specializing in their own area of expertise.

  • Unless otherwise stated in an agreement the partnership must be dissolved upon the death of a partner.
  • The remaining partners must purchase or inherit the shares of the deceased partner unless otherwise stated in an agreement pertaining to succession.
  • A partner can require that the business be dissolved at any time.
  • Cannot take advantage of tax write offs like group life insurance, disability and health.
  • All partners are at risk for liabilities. All assets of the partnership are at risk in a limited partnership.
  • If a partner wants to leave the partnership he may suffer financial loss.
Life Insurance

Now let us look at how life insurance applies to this type of business. Let us suppose a partner died or had to leave the partnership because of disability. This situation could destroy the business, however, if the business had a properly drawn up buy-sell agreement funded by life insurance and disability insurance much of the problems would be averted. Each partner would have a life insurance policy and a disability buy-out policy on his life paid for by the other partners. Upon the death or disability of a partner the insurance company pays an amount equivalent to the value of the shares owned by the deceased. This money is used to purchase the deceased shares from his heirs.

For more than 40 years Donald has been known for his extensive knowledge of the life insurance business. He has represented some of the largest and best life insurance companies in the United States as well as Canada. His advice is invaluable.


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Life insurance is a highly competitive business, in which the salesforce depends almost entirely on commissions.

Insurance companies pay fat commissions to their agents for selling whole-life policies - perhaps 80 percent of your first year's premium goes to paying the agent's commission - and the premiums for these polices are often five times that of term. By contrast, the typical commission to the agent who sells a term policy is about 10 percent.

It's no wonder, then, that agents push whole-life policies as if their livelihoods depend on it, because, well, they do. If whole-life policies were beneficial to consumers, our story would end here. The fact is the vast majority of those who need insurance should buy term.

Today, the annual premium on a $500,000 term policy for a healthy, nonsmoking forty-year-old male might be about $500. The same policy for a healthy woman, aged 30, might cost about $260 annually.

Not long ago you couldn't buy term policies with level premiums for periods of more than 10 or 15 years. Today you can easily find 20- and 30-year term policies.

Agents will argue that whole-life policies are superior because you can keep them the rest of your life and build up cash in them tax-free, which can then be borrowed.

That's true enough, but they don't tell you about the high fees and commissions built into whole life as well as surrender charges (if you want to cancel the policy) that often leave you with little or no cash value five and even 10 or 15 years after you take out the policy.

The point of a tax-free buildup of cash just isn't that powerful anymore, given the proliferation of IRAs, 401(k)s, and other tax-advantaged savings vehicles that have tiny commissions, much higher yields and complete portability.

So stick with term, and do your investing elsewhere.

Source :

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If you have a spouse, dependents, children or anyone in your life about whom you care deeply it adds so much purpose to your life - no longer are the hours spent at your desk or slaving over housework without meaning, in fact no longer are any of the tasks you undertake for no purpose.

If you have someone who relies on you, needs you and loves you right back then their welfare and overall care is of paramount importance to you on all levels; and if you decide to up sticks and relocate overseas to enjoy a better quality of life as an increasing number of families are doing, the holistic approach to the care of your family will be your number one priority.

Moving is one of the most stressful events in anyone’s life, moving abroad doubly so - and if you factor in moving overseas with children, having to find accommodation, employment, educational establishments and new friends for the whole family then the entire project becomes incredibly daunting at first glance

However, as with any large task the best way to tackle it is to break it down into small pieces and manage each step at a time

Many people are choosing to move overseas with their family to give them a better start in life, a better quality of life and a safer, more fun introduction to life - sunny overseas destinations are often favoured because the amount of time the family can spend together outdoors swimming, walking, playing and exploring is far greater than in many parts of Northern Europe and America for example meaning that the whole family will benefit from better health, greater levels of fitness and fresher air.

Sunnier countries often have far better and healthier fresh produce for sale, another tick in the box for moving abroad. Often the pace of life overseas is slower, stress is an alien concept, money is a tool rather than a goal and so one’s approach to life can become far healthier and better balanced. All of these factors add up in favour of starting a new life abroad for many families.

However, when one moves from a country like America, Canada, Germany or the UK where health care services are exceptional, the level of assistance afforded every citizen is fantastic and the right to decent medical and dental services is guaranteed, it can be a shock to move abroad and learn that health care services differ greatly, as does the cost of care, on a country by country basis.

Generally speaking it is usually possible to get a decent level of medical care in any major destination in the world - however, affording the care and actually having the right to see a specific doctor can be restrictive and restricted.which is why those moving abroad with their spouse, children or significant others in tow must consider getting international health insurance from the get-go. While insurance is far from an enthralling subject, it is an essential element in the protection of family members when moving to live abroad. The head of the family must ensure that every family member has at least the basic level of cover that will enable them to have emergency treatment and care should they need it, and this will give everyone the peace of mind they need and the protection they deserve.

The good news is that international health insurance packages for the whole family are affordable as more insurance providers battle over customers! It is well worth shopping around for the best quotations before committing to any one provider, furthermore it can also be cheaper to get health insurance from specialist expatriate providers or to find a company local to the destination in which you will be living.

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