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Have You Ever Bought Insurance Over The Phone or Internet?

Purchased directly from an insurer, as opposed to buying through a financial adviser, Direct Life Insurance is obtained with minimal provision of individual medical information, and there is minimal underwriting, if any at all.
Yes- you have to ask yourself ‘Who would buy a car without checking under the hood?’ It’s a worrying practice.
Along with some Wolf-of-Wall Street selling techniques, the Pre-existing Conditions Clause has become a distinctively apparent clause for concern. Here’s why;

Pre-existing Conditions
If there is an ‘automatic acceptance’, and you provide no detailed medical information to obtain your insurance, then it is highly likely that anything considered a ‘pre-existing condition’ will not be covered. It’s as simple as that.
The evidence at the Commission has shown the extremely negative consequences of the direct insurance channel, and highlights the valuable contribution a financial adviser can make when ensuring that individuals are getting the right insurance for their own individual circumstances.

Case Study
One situation identified by the Royal Commission is mind-blowing, and grossly inappropriate.
In this instance, an insurer sold a policy to a man with an intellectual disability.
An internal email chain that was distributed within the Insurance Company’s Sale’s team highlighted the insurer’s intention to sell a particular product, despite the extensive negative impact it would have on the life of clients, especially someone with a pre-existing intellectual disability.
The email shows that there is $150 on offer as an incentive to sign up as many ‘lives’ as possible.

“Target is 400 lives by lunchtime.”
“Everyone aiming for seven lives over the first two sessions — 3.5 lives per session, easy peasy — and we’ll smash 400 lives to lock-in the incentive money for the last part of the day.”
“Also the draw for Tuesday is coming up, let’s smash it out folks and lock this cash money in.”

Sorry to burst this giant bubble, but yes, a free gift voucher, free TV subscription and other gimmicks should ring alarm bells.
Do your research. There may be alternative motives that do not have your best interests at heart.
It’s a sad practice. One that Partners In Planning are determined to push aside.
Spending 20 minutes to consider your life insurance choices now, will avoid any confusion later. In our opinion, it’s the greatest gift you can give to both yourself and your family.
Find out more about the Life Insurance policy that is right for you by contacting Partners In Planning. There’s no better time.

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Things to Consider While Choosing a Private Cord Blood Bank

The significance of finding a reliable private cord blood bank can never be stressed enough, as it is extremely essential to store your baby’s cord blood at the right temperature for a long time. This can be achieved only when the cord blood bank has high standards for shipping, handling, and storing the cord blood cells. Otherwise, it might be rendered useless in the future. As it is a medical service, several aspects must be considered while you search for a reliable private cord blood bank. While the baseline relies on the rule that all cord blood banks must be FDA approved, they do vary on several other aspects.

Searching for a Good Cord Blood Bank-Few Tips

To ensure that your baby’s cord blood is stored properly so that it can be used confidently in the future, you need to start your search for a good cord blood bank early, preferably during the second trimester.

Type of services provided

Before you zero in on any cord blood bank provider, review all the available services and their business hours. Remember- a blood bank needs to function 24/7 as births can happen anytime of the day or night. Therefore, you need a blood bank that works after hours with reliable and knowledgeable staff that is available round the clock for safe handling of cord blood. It is also essential to choose a service provider with financial stability and a proven record of accomplishment. You need to check the functions of the blood bank that include their mail services, shipping practices, and safety precautions.

Rates

The processing and storage rates of cord blood banks are another important aspect that you must look into before choosing one. The rates of these blood banks may vary from one to another as they have different methods to save and store your baby’s cord blood. Nevertheless, it must be affordable and reliable. Search for blood banks that are transparent about the costs and services, so there are no hidden charges. Check reviews and online websites and compare the services and prices before you choose a specific cord blood bank.

Certifications

It is also important to ensure that the bank you choose has a certified laboratory. All blood banks are inspected and regulated by the FDA and it must comply with these regulations. Therefore, ascertain that the banks are FDA and AABB certified before you choose to bank your baby’s cord blood with them. The laboratories must follow all the necessary rules and guidelines to ensure the safe processing and storage of your baby’s valuable cord blood.

It is essential to register with a cord blood bank at least four weeks before your due date. This will ensure a hassle-free procedure without any kind of anxiety, in case the baby arrives early.

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A Door To Success After Completing MBA

These days, it is a very common worry of almost students – what to do after getting MBA degree? Almost management students don’t have clear idea or vision to run on the path of critical economy world. This professional program contains some dominant training session, by which student can easily become familiar with the way of business world work. Even more, students get skill and even generous of various operations, which are very important to get success in commercial activity.

An MBA program offers some flexibility in skill that’s why students are pondered it as operable in different international companies and even local firms. As per the survey of multiple leading consultancies, master management degree open lots of avenues in various sectors. Keep on reading this information as it gives a list of various professions and sectors that students can easily take up after completing their MBA.

Financial Accountant:

For small or big organization, financial management is too much important because carelessness may slow down the growth of organization. This master degree program may provide good quality candidates who are able to appraise it. Once you finish your MBA, can easily get job in the investment companies or be a financial accountant in banking sector.

Management Consultant:

Management is vital in all sectors. Corporate world is a place where business laws and ethics are changing in very short period of time. By analysis of the market & dynamic nature, it is little bit easy to get success. The management students learn all these things during their MBA study & training, thus they are able to apply their skill and knowledge. They can start their career as management consultant, evaluate internal work of the company and then give feedback to change its whole structure to enhance efficiency and gain profit.

HR professional:

Nowadays, there is a lot of importance of Human Resource professionals in the corporate world. During the management program, specialization in Human Resource will take you close on different challenges that lead to inefficient and unproductive employees. It is affected on productivity of employee and overall success of the company. After completing MBA Degree in HR, student can easily join organization. One other advantage is that an individual can start his or her own placement agency and assist employer.

Entrepreneur:

Starting own business is a dream of every MBA student. If you do not want to do job and you have innovative ideas, skill, knowledge and enough budgets then it is very helpful to you for starting new business.

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