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- A friend of mine told me about a site that offer 40% discount on health insurance.I tried this company.They are great.You can check their site.
http://www.MyBestHealthInsurance.Info - Reply to this comment
- Respectfully, creating a healthcare savings account is not going to be possible for many pet owners. For many pet owners we want, and in-fact, expect to provide the same level of care we want for ourselves. Quality pet health insurance provides a positive level of support in the overall effort to provide for the health and wellness of our pets. In some cases pet health insurance must be viewed as a financial safety-net, rather than a comprehensive answer to all of our pet care related costs. Pet owners need to shop for the coverage that makes the most sense for their pet and their budget. We know now more than ever that the uncertainty of the current economy makes pet insurance critically important for the financial well-being of all, or most pet owners. Many pet owners simply don?t have the disposable income or the ability to save up to cover emergencies. Each day, pets are facing economic euthanasia as a result. Our pets are part of our families; they make a difference and contribute to better health and lower our human healthcare costs. To people without pets or have not bonded with a pet (like Ray) this may be hard to understand, but most pet owners corroborate the research that indicates having a pet improves life and a sense of wellness and health! Research shows that humans with a puppy, kitten, dog, or cat in their home enjoy a measurable improvement in health, and in fact spend less on their own healthcare. Documented studies on human health suggest that pet ownership bestows the following benefits: Reduced risk of cardiovascular disease, Higher survival rates from heart attacks, Significantly lower use of general practitioner services, Reduced risk of asthma and allergic rhinitis in children exposed to pet allergens during the first year of their life, Better physical and psychological well-being for seniors. So it may be worth taking a closer look at pet insurance... And for Ray... someone needs to visit the local shelter and get him a puppy or kitten! Sincerely, Loran Hickton, Executive Director, North American Pet Health Insurance Association
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- I see the article now has been changed concerning the advice about travel insurance from dealing with a travel agent who can get you a refund to now considering a "cancellation waiver". A couple of problems with considering a cancellation waiver; first of all a travel agent's don't offer "cancellation waivers", they are offered by tour operators and cruise lines - not travel agents. Secondly, in New York certain "cancellation waivers" that are contingent on a furture event, are considered illegal and can not be sold (http://www.ins.state.ny.us/circltr/2006/cl06_24.htm), and thirdly some "waivers" only offer a future credit instead of a cash refund.
It's better to check facts first. - Reply to this comment
- I suggest that Ray Martin gets his head out of his ass and do some research before making bold statements about Life Insurance for children. As a licensed Financial Representitive for one of the nations largest Life Insurence companies, I help my clients set up Life Insurance policies for their children quite often. Most times it's used as a vehicle for education savings. A vehicle, by the way, that grows at a gauranteed rate and is NOT market sensitive. (How are your 529's performing these days, Maggie, you liberal, Obama tongue kissing, anti Arizona, anti America, media loud mouth?)It pays dividends which can be put back into the policy to make it grow even faster. Plus, you don't have to pay fees when setting up a Life Insurance policy. Furthermore,if for some reason your child doesn't go to college you won't be penalized for withdrawing the money for non-educational purposes. The accumulated cash in the policy could be used to pay for a wedding, a car, a down payment for a house, for whatever. Lastly, what if you child develops a medical condition that make him or her uninsurable such as diabetis or cancer? Nice to have something in place before that so at least there's some insurance covering them and their family. So, in summary, Ray - spend a little more time on your home work and less time on your hair before going on T.V. and Maggie, please just shut up and go away.
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- It appears the Mr. Martin doesn't understand contract law as it applies to travel. When you book a trip through a travel agent the travel agent is usually acting on behalf of another party(a travel supplier such as an airline, cruise line or tour operator) and you are entering a contract with the travel supplier not the travel agent. It is the travel supplier's contract that will specify your rights if you have to cancel your trip. The travel agent, other than being a sales agent, is not a party to the contract and can not change the cancellation provisions. For anyone to provide public advice that legal contracts don't matter and lead you to believe that travel agents can get you a refund where it's not in your travel contract doesn't understand the basics of travel.
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- I understand looking at insurance from a business standpoint and not have emotional ties. Most of your points I agree with but not insuring your child I don't agree with.
I had a Gerber life policy on my daughter as a baby, but let it lapse following advice of someone who also said the same thing. Now she is a teenager and has been denied life insurance because she has Crohn's disease. She can not get life insurance but yet she is hoping to become a wife and maybe a mother, someone who depends on her. And whoever that maybe will now have to pay out of pocket for her burial expenses.
In the last 5 years my family has buried 3 relatives plus I have 4 family members with major medical issues that I deal with on a weekly, if not daily basis. I would not have survived trying to bury people who didn't have life insurance plus deal with all the other medical issues involved. - Reply to this comment
- This morning while heading out the door to my office I had to stop and listen to the segment about Insurance and it struck a nerve. As a life insurance agent How can your "Financial Guru" Ray Martin make a blanket statement about life insurance for children. Then flipantly say: "Instead, they should make a contribution to a 529 education account or to an IRA." That would be as if I said that all "Financial Gurus" knew everything there was to know about everything in all situations financial.
Having a grandparent gift a life insurance policy for a child can last for the child's entire life and along the way,help pay for college, put a downpayment on a home, help buy a business and then help perhaps help fund that grandchild's retirement. There are also many tax advantages to this type of policy for both the owner and insured.
A life insurance policy shouldn't be set up in case the child dies, but should be set up for the living benefits that only a life insurance can offer.
What Ray Martin's statements concerning life insurance show is that perhaps he has not been educated in this area. Find a Mutual insurance agent and have a talk. - Reply to this comment
- I had to comment on your "Pet Insurance" advice. I have pet insurance (VPI), but am strongly considering dropping my coverage. However, I feel your rationale as to why American's should not have Pet Insurance is incorrect. The downside of pet insurance is limited coverage and low reimbursement per claim, not because it is an "emotional" buy.
This year I will have spent $6,000 on vet bills after my puppy was diagnosed with glaucoma. The company has denied my claim due to a loop hole, yet had it been approved their maximum reimbursement would only be $900!
I think people need to pay more attention to pet insurance's "fine print" before they buy. Most pet owners buy pet insurance to prevent against the "$4,000 sever conditions," but don't realize they are stuck paying the majority of the bill even after shelling out hundreds on coverage. - Reply to this comment
- I emailed Ray that he must have never had anything catastrophic happen to him. He is lucky. The rest of us have, and insurance has been a life saver.
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- oh my gosh---I saw this segment and have some many issues with it. first, insurance for children; my neice was killed when she was 10 yrs old. had the family had insurance, they would not have become several thousands of dollars in debt due to funeral costs. they borrowed from everyone to pay the expenses. And for the pet insurance; I have had multiple pets covered by it for several years and to me it is well worth it. from his piece, Ray seems to believe pets are 'disposable' and that nature should take it's course. would he say the same if a family memeber became ill--no, he wouldn't. and so many shelters are filled with pets who's owners didn't expect they would get sick, so when they did they just dumped the animal. that's nature taking it's course????? so to say that us folks who believe in being responsible and taking care of our pets are wasting money,Ray you need to re-think your thinking
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