Safe Your Family with CAR Insurance

This insurance for your life. This is Central Asia Raya (CAR) is one of the leading life insurance company in Indonesia and provide high service. In 2013 the Company had a net worth of more than USD 4.71 triyun with risk-based capital (RBC) of more than 120%, as well as the only life insurance company and the first won a Platinum Award from Infobank magazine on the predicate "very good" for 10 (ten) years in a row (1999 s / d 2008).

CAR Insurance

Global business competition is a challenge for the Company to become a leading life insurance company in Indonesia is not easy. The government is getting serious fix the financial institutions that collect public funds banking, securities, and insurance (life and general). The insurance market increasingly open, while the public is increasingly critical and understand the importance of the insurance world. The 2012 Law on the Financial Services Authority (FSA) has been approved, the authority or regulator of financial services, especially insurance and non bank financial institutions other, on January 1, 2013 has been shifted from the Ministry of Finance to the FSA, and followed by the banking industry on January 1, 2014.

Central Asia Raya provides a variety of products tailored to customer need, Including is:

• Individu: Insurance Products to Protect Personal and Family
• Group: Insurance Products to Provide Comfort to Employees and Members Enterprises / Society In addition to Individual Insurance Products, Central Asia Raya Insurance also provide Life Insurance Products and Medicare set. With the aim to provide protection to the company from the financial risk associated with treatment / compensation for employees, or protection against creditors if there are debtors who died.
• Bancassurance: Providing Certainty Credit Refund and Value Added Products Banking - Financial Services. Central Asia Raya Insurance has Bancassurance products, which in our sales activities to establish cooperation with the national banking or credit card issuing institution
• Micro Insurance: Microinsurance product is an insurance product that is intended to allow all levels of society can have insurance at an affordable price. This product discount simple administration, can be obtained by any customer, economically and procedures of claims quickly and easily. CAR 2 types of micro-insurance market, namely as distributor microinsurance microinsurance SiPeci and dengue fever. SiPeci is a product of the mandate of the Financial Services Authority (FSA) through AAJI (Life Insurance Association of Indonesia) to create products to low-income people can have insurance as a mechanism of protection against financial risks faced. SiPeci motto smash the administration Simple, easy to get, Economical price, and immediately claim payment process.
• Pension Fund: In an effort to maintain the continuity of income in old age requires a planning and effective and efficient handling in the form of Pension and Severance Program which is a program of new long-term savings and enjoy the results after participants or employees reaching retirement age. DPLK-CAR helps participants and the Company (employees) in the planning and implementation of programs Retirement and Severance Program thus ensuring the wellbeing of pensioners in old age.
• Sharia: One base in CAR Insurance is Sharia, as a universal concept by promoting fairness based Syar'i.

Shareholder support is very important, especially in terms of capital, and this proved that the shareholders agreed to increase its paid-up capital of Rp 100 billion in 2008. Total paid up capital is in compliance with the provisions of the Government in the area of ​​insurance before the regulation was published. It is very important that the company has been anticipating changes in the regulation of the insurance industry.

Keep safe your life. For join with Car Asia Raya Insurance visit official website at here

Free Car Payment Insurance: What's The Catch?

If you are not sure about buying a new car because the job market looks shaky and your current job does not feel stable, is there any reason why you should take the risk of new-car-payment? One reason may be a car payment protection plan that is offered free of charge by the car makers such as GM (NYSE: GM), Hyundai (OTC: HYMLF) and Ford (NYSE: F).

How does it work?

When you lose your job in a way in which you will qualify for your state unemployment compensation program, your payment will be made for you up to a set amount and for a set number of months. However, if your salary is reduced and you can not afford the payment anymore, you're in luck with this program.

Just like warranty, payment protection must occur within a certain time period. For example, dealers can make the payments for six months or more if you lose your job within a year or two. The proper term is very varied and you'll want a copy of the terms in writing before you buy your new vehicle.

When Is It There?

Date of payment plans vary, but the protection plans are gaining popularity in the spring of 2009. However, as an incentive to buy a car, it can disappear and reappear at any time. Thus, you should always ask the car dealer if the feature is currently being offered.

How much does it cost?

These free incentives in addition to rebates and other incentives. You will not have to pay more for your car to get these services.

Is Payment Protection Plan Enough Reasons to Buy a New Car?

The plan may be reason enough to buy a new car with the following assumptions:

You are going to buy one anyway

You do not lose your job already

You feel comfortable that if you lose your job, you can find a new job within a set amount of months that was given to you before your payment should continue.

Caps on the amount of payments

Every car company that offers this deal may offer different payment cap. Something beyond the amount that you still have to pay while the insurance covers your payment. For example, say you buy a $ 30,000 car that you would pay in five years with interest of 6.5%: Your monthly payment will be $ 587. If the insurance payments covered up to $ 500 for each payment, you still have to pay the remaining $ 87 per the month when you are unemployed.

Alternative and Additional Commitments

Car insurance payments - if available - is a nice safety net, but that's no reason to get a car that almost did not in your budget right now. Not getting the highest price of the car you can afford. Getting a car that you can still afford even if other situations are not insured that occurred, such as payroll deductions or medical expenses that are not planned. There is also a lower cost alternative to buying a new vehicle.

Here are some alternatives to buying a new car for you to consider:

Low mileage used cars. If you can, consider saving money by buying a used car with less than 10,000 miles. Make sure you compare this cost with the final selling price after rebates and other incentives offered on new cars.

Keeping the car you have. If the car you have is a few years old and in good shape, figure out how much your car will cost you in repairs over several years by asking your mechanic.

Create your own payment protection plan. Even if your shiny new car is equipped with payment protection, it's a good idea to have a few months payment in case of saving your finances get tighter for any reason. Even if you decide to get a new car for a payment protection plan or other incentives, start putting extra money in your savings if you are having trouble making your car payment at a later date. If you are unable to do so because the new car payment will leave you short of money, ask about less expensive models.

Concentrating on Best Deal

You will have these vehicles far beyond the period of layoffs, so the interest rate and the minimum sale price is just as important as a payment protection plan. Shop around for the best deal but the best insurance plan payments. After all, would you really care if your payments are protected if you buy an expensive car and had a payment you can not afford right now?

Different names for the same thing

Each car makers that offer these programs will call it something different. Therefore, if you really want to know if a particular dealer to have the program explained to them that you are looking for help with a payment plan if you lose your job.

Underline

car payment protection plan can feel like a drug to stabilize woes buy your car. But it is never a good idea to buy a car you can not afford now and in the future. If you do not find a stable job and you want or need a new car, buy cars that cost less than the maximum you can afford. The worst and the best that can happen is that when your revenues start to rise again, you can trade your car purchase for you ever dreamed about.

When Should I Review My Life Insurance Policy?

Insurance policy may seem like a relatively easy decision one. In exchange for regular payments, the policyholder has the right to a lump sum when they died. These funds can be used to help cover the cost of the end and make sure any dependents are taken care of financially. Of course, the basic idea is made more complicated by the different types of policies available and different coverage options they include.

When to Review

life insurance needs often fluctuate from time to time as changes in individual situations. For example, young single adults may not need life insurance at all, while the married father of four may require a large life insurance policy to provide for his family when he suddenly died. There are many important life events which may be a need to explore buying life insurance or life insurance has the potential to change the existing requirements. (For more, see: Should You Buy Variable Universal Life Insurance?)

Fine For Not Having Health Insurance: Knowing The Truth

For those who live in United States, they probably get the problem related to the cost for health care due to the too much expensive to be paid. Probably, it is not only experienced by people in United States but the others who live in other countries. When talking about the cost for health care, it will close related to the payment for insurance policy. Actually, there are still lots of people who are uninsured with the reasons that they can't pay the cost for the insurance policy. However, fine for not having health insurance is then to be one of most phenomenon topic which is talked by many people recently. Thus, it will be explained several facts about that phenomenon as follow.

Things to know about fine for not having health insurance

Although there are considerable debates surrounding the subject about fine for not having health insurance, there will be no doubt that actually those who don’t have a kind of health insurance will pay higher changes for the hospital treatments. The gaps between charges levied on the individuals paying the hospital bill through insurances and also those are paying privately as well as have been rising steadily for about more than 20 years. Indeed, latest available figure shows that the private patients are paying no less than about two and half times as many as the insured patients on 2004.

The overview of fine for not having health insurance

For those who can afford the health insurance but they tend to not purchase the insurance policy, those have to pay the fee which is called as individuals shared responsibility payments. The payment or fee for this is called as fine, penalty, or individual mandate. The individuals owe for any your spouse, month you, or the tax dependents do not have health insurance which qualify as the minimum essential coverage. For this fine for not having health insurance, you can search about the insurance types which qualify.

The individuals pay the fees as their file of federal tax return for year which they don’t have the coverage. On several fine for not having health insurance cases, they probably qualify for the health coverage exemptions from requirement to own the insurance. If the individuals are qualifying, they will not have to pay the pays. For this, you can learn firstly about the health coverage exemption. In 2016, there is particular fee which should be paid for fine for not having health insurance. Actually, the fees are calculated in two different ways as the percentage of the household income and also per person.

For the percentage of income, it is 2.5% of the household income. For the maximum payment of this fine for not having health insurance, the total yearly premium for national average prices of the bronze plan sold through marketplace. For per person payment related to the fine for not having health insurance cost, it is variously. You have to pay about $695 per adult and $347.50 per child under 18. For the maximum payment is about $2,085.

For paying the fine for not having health insurance fee, it uses percentage methods only part of the household income which is above yearly tax that is filing the threshold $10,150 for the individuals and $20,300 for the couples filing jointly on 2014 as well as most recent years available is counted. When the fee of fine for not having health insurance must be paid by using per person method, the individuals must pay only for the people on the household that don’t have the insurances coverage.

For those who have the coverage for parts of year, the fee for fine for not having health insurance is about 1/12 of annual amount for each month you or the tax dependents don’t have coverage. For those who are uncovered only one or two months, you must not pay the fees at all. You have to pay the fees as you file the federal tax return for year you do not have the coverage.

For the fees on previous years or 2015, the fee for fine for not having health insurance is about 2% of the household income. As it is calculated for per person, you have to pay $325 per adult and $162.50 per child under 18 years old and for maximum is about $975. O 2014, the penalty is about 1% of the household income. As it is calculated for per person, the individuals must pay $95 per adult and $47.50 per child under 18 years old. For those who are unemployed, your payment will still depend on the household income. If the insurances are unaffordable to the individuals based on their income, the probably qualify for the exemption from the fees. Others exemption are according to the low income too.

Mostly, people must have the qualifying health coverage or pay the fees for months they do not have the insurances. Yet, for those who qualify for the health coverage exemptions they don’t need to have the health insurance or pay the fees. In the term of fine for not having health insurance, there are several things that you have to know about the health coverage exemptions.

Actually, the exemptions are available according to the number of the circumstances that include the certain hardships, several life events, financial status or health coverage, and also membership on several groups. The individuals claim several health coverage exemptions on the federal tax returns. Others you can apply for with the paper application. By means of fine for not having health insurance, the individuals don’t have to pay fee for any month that they are covered by the plan which qualifies as the minimum essential coverage. If the individuals are uncovered only one or two months, the individuals must not have to pay any kind of fee for any month.

To sum up, as you know that there is fine for not having health insurance, it will be better if you register yourself and your family to the insurance companies. In fact, the prices for the insurance policy are available in a range from the cheapest to the expensive one. All you need to do is finding the one which is suitable with your need.

Insurers should be current on emerging treatments for consumers

A growing concern for consumers and health insurers is the cost of prescription drugs and specifically, treatment for debilitating and life-threatening diseases.

Hepatitis C is a good example. New drugs are now used to cure this life-threatening liver ailment with proven success. But the pills are costly, ranging from $55,000 to almost $95,000 per patient for a standard 12-week treatment period.

Two nationwide organizations, the American Association for the Study of Liver Diseases and the Infectious Disease Society of America, now recommend that most patients receive treatment even if they are in the early stage of the disease versus waiting until it has progressed.

Last November, the federal government encouraged states to ensure that health coverage policies are “informed” by the treatment guidelines noted above. Unfortunately we do not have the authority to mandate that insurance companies abide by the guidelines. However, we do expect insurers to be current on all appropriate guidelines that best serve consumers. That is true for all types of treatments.

We recently asked health insurers in Washington if they were aware of the new guidelines and if they were making any changes to how they were treating patients with this disease. The responses were varied, but there were common themes:

• No company excludes treatment.
• All allow testing to detect the disease.
• All recommend that patients consult their doctors on the best course of action.

What’s also evident is that insurers are trying to manage their claims costs. That’s not unexpected. Future prescription drugs for ailments such as multiple sclerosis and high cholesterol are expected to cost even more than the hepatitis C treatment.

The emphasis for insurers, though, should be on ready access to appropriate treatment that leads to a healthier state and nation overall.

If you believe you’ve not getting access to prescription drugs or other necessary treatment, we can help you understand your rights to appeal and even contact your insurer on your behalf.

The Why, What, How In Our Journey To Financial Freedom

It has been quite some time since I wrote about financial freedom and more specifically my journey towards it. Over the years, I realised there are many different views towards financial planning. Some would think it is not necessary to plan ahead and don't have to worry  too much about money. Others will think its important to save money and plan ahead. Ultimately, what I strongly believe in is different mindsets will lead to different outcomes.

For example, if a person thinks his retirement will be taken care of by the government or his children, most probably this person will not plan for his own retirement. I would say everyone worries for their own retirement and whether they have enough to live during their old age but how they see that the retirement is provided will determine what they do now. If they think that other people will take care of them during retirement, what they would do now is nothing.

Financial freedom or financial independence is a different form of retirement. It is not about retiring from work and do nothing but its about making the best out of our lives. In essence, it is about living life to the fullest. More often than not, we humans focus on the what and how of our lives. What can we do to make more money? How can we achieve financial freedom? But, before we focus on the what and how, we should actually think about the "why". Thinking about the "why" will give us a sense of purpose and meaning of what we are doing now.

Why do we work? Why do we want financial freedom? Why do we want to live our lives? Knowing the "why" clearly in our minds will steer us in the right direction. If we just know the what and how, we will start to feel emptiness in what we do at some point in our lives.

I saw a video on the why and what we do which will show you why thinking about "why" we do is important. Check this out:

Comedy is "what" I do
You gotta see WHY this video is AMAZING
Posted by Michael Jr. Comedy on Friday, September 18, 2015

If you know your why, your what has more impact because you're walking in or towards your purpose. This made me think about why I started this blog.

For readers who are new to my blog, I actually started SG Young Investment back in 2013. It has been almost 3 years since I started writing. Back then, it was the busiest period of my life where I was juggling between full time work and part time studies for my degree. It took me a long time to decide which course I want to take. I made a decision why I wanted to go back to studies after working for about 2 years. My motivation was not the certification which I would get, it was the things that I could learn during the course of study.

I was interested in economics and doing research. Throughout the course, I had to do lots of research and reading up and also writing essays after essays. I realised my love for writing and started this blog. But, the main motivation of starting this blog is to reach out to more people on the importance of financial planning. I always feel sad when I see people or families who get into financial problems. All these can actually be avoided if we just have a little knowledge and live our lives more prudently. More than that, I actually believe in financial freedom and financial independence. I believe we can live our lives to the fullest and do what we really like. I don't want to live my life doing what I don't like just for money.

That was the essence of why I started the blog. I still hope to reach out to more people and make an even greater impact. What and how I do has more purpose because of the why. Do you know the "why" in what you are doing in your life now? If you are lost in what you do, consider taking some time to think about the why in what you do. You may just find the purpose to live your life to the fullest.

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How People Face the Fine for Not Having Health Insurance

Life insurance is a need for people because this one will help them when they have any problem with their life. The accident or something unexpected event will be got from people, so that they will have something that can protect them. How people do when they have no insurance and they getting accident? They will find the fine. The fine for not having health insurance will cause quite stress because they will face two problems, including ruins of the car and the hospital treatment. People may have car insurance and it can protect their car, but how do they face the health care when they get injured due to accident without any health insurance.

The possibilities in the fine for not having health insurance

People should pay a fee that is called as the payment responsibility. The fee is called as a penalty, fine or individual mandate. People will owe the fee for any month from their spouse and tax dependent to pay it. Then, people pay the fee when they file their federal tax return for some years that they do not have coverage. People may qualify in a health coverage exemption from the requirement to get the insurance. People will not pay the fee when they can qualify the health coverage.

Many possibilities will be found by people when they have no health insurance for their life. It will be like a dumb person when they are heavy smoker, but they have no health insurance. The fine for not having health insurance will be got from people. It is a lazy person when they have no health insurance, whereas they need to have health insurance because of their bad behavior in the life. The fine for not getting health insurance will cause people to pay the tax penalties. The tax penalties can be found in the annual income taxes. The government will have two ways to calculate about their own in their file taxes.

Some risks for people who have no health insurance

People not only getting the fine for not having health insurance but they will have some risks that can cause them to face the new problem about their health. Many people think they do not need health insurance because they are in good condition. The bad or something unexpected will happen and it will give deeper trouble. The health insurance will not only give a treatment when people are sick, but also can give the best one for people that need medical attention. So, people will have a problem when they have any health insurance for their life.

People should charge of paying for any treatment that they have received from the doctor, hospital, and so forth that have relation to the medication. Then, people will not face the fine for not having health insurance but they will have more problems when they have no health insurance. People will get some risks that will go along with not having any medical insurance coverage. People should rethink about their idea relating to the health insurance.

The bad one for people who have no health insurance

People who are abusing the system will have worse treatment because they are like not taking care themselves from any bad accident for their life. The fine for not having health insurance is like a remedy for people because if people have no fine, they will let their body too fat and they will get diabetic. Get the health insurance will give them something useful that can help them with their problem. Get the health insurance will make people better instead of so difficult for them to keep their health well.

There is no certain solution for people who have no health insurance. Although they can pay through the tax annual income, people will get the best one from the health insurance. They will have something that can protect them from any accident that is bad for them. The fine for not having health insurance will be good because this one will give like a warning for people to apply them getting health insurance. Have no health insurance is too bad for people because they have no protection when they get any unexpected accident.

People should know that having no health insurance is against the law in the western nation so that the fine for no getting health insurance is applied. It will give a little solution for people who have no health insurance because the fine for not having health insurance will ask the people to pay the insurance from their tax. The fee that should be getting from people in the tax will be calculated in two different ways. It can be seen at the percentage of their household income and people. People should pay which is higher.

The percentage that can be found in the percentage income of household is about 2.5% of their income. The maximum will be seen at the total yearly premium for the national average of a bronze plan sold through the marketplace. The fine for not having health insurance can be paid per person where people should pay $695 per adult and $347.50 per child under 18. Each program will have each benefit. So, people can choose one of them as their fine to pay when they have no health insurance.

People should pay the previous penalties where it has higher in tax where the household should pay 2%. People will have difficulties because they have no health insurance. The fine for not having health insurance will give some solution, but it will not give the clear the problem. The fine comes from the government. It will give a little solution, but getting the health insurance earlier will be the best idea for people to keep their health well.

Get the health insurance will be the best idea for people. People will have fine for not having health insurance because they do not follow the system so that the fine should be paid by people that have no health insurance when they have any bad accident. The way to pay this fine has some variable types that can be applied by people. It is bad for people that have no health insurance.