These companies are on the long-term care insurance honor roll

Long-term care insurance is a smart decision for many people. It helps pay for long-term nursing home care or for health care assistance in your home when you get older. But far too few people choose to buy it.

Here are some guidelines to follow if you are thinking of buying LTC insurance

1) You only want to consider companies that have been rated ‘A++’ (by A.M. Best), which means they are of the highest financial strength. It also means that they won’t jack up the rates after a few years and they will cover you for either in-home care, nursing home care, or assisted living.

2) The prime age to buy is late 50s to early 60s. So if you have aging parents, talk to them about it.

3) You should not buy LTC insurance if you are very wealthy or very poor. ‘Very wealthy’ would be having investable assets of $3 million to $4 million. And ‘very poor’ would mean qualifying for Medicaid.

4) Make sure the benefit adjusts over time based on inflation. Medical inflation is higher than the normal inflation rate. You should look for an inflation level somewhere as much as 5% a year — because what seems like a good benefit today will look puny in 15 or 20 years.

5) Shopping for LTC insurance may be simplified by contacting an independent agent who can shop quotes from a variety of companies for you. Companies like,, and are all good starting points.

6) I used to say look for at LTC policy with a lifetime benefit. But that’s become cost prohibitive. Now I say look for a 5-year benefit with a 6-month waiting period upfront.

7) Adult kids of aging parents may want to consider paying the premiums on their parents’ policy themselves for 2 reasons: To protect their financial interest in any possible inheritance and to protect their parents against medical expenses they may face some day.

Below is a list of companies that have been rated either A++ or A+ by A.M. Best. Special thanks also to Jim Hunt of for his feedback:

Honor Roll

  • Northwestern Mutual Life – A++
  • New York Life – A++
  • Mass Mutual – A++

Honorable Mention

  • Mutual of Omaha Insurance – A+

Source: A.M. Best

5 insurance policies you shouldn’t waste your money on

Insurance is a great product; but it is often sold to the wrong people for the wrong reasons. Insurance makes most sense to buy when the odds of incurring the expense are low but the cost of incurring expense are catastrophic. A great example of this would be term life insurance for a single mother who is the sole bread winner for the family.

If something were to happen to her, the survivors would be financially devastated. In this case, the family needs some inexpensive term insurance on mom.

With this concept in mind, let’s consider 5 different types of insurance policies that almost nobody needs…

Read more: Here’s everything you should know about term life insurance

Life insurance for kids

Remember, insurance is a business decision – not an emotional one. Chances are that your kids will live long and healthy lives. In fact, the odds of children under four dying are less than .25%.

And since we’re talking about business, let’s put this in dollars and cents. If heaven forbid your child dies prematurely, you probably would not incur tremendous financial losses because you don’t depend on that child’s income.

Now, if there is a genetic problem that runs in the family that exposes your children to higher mortality risk and/or final costs would devastate your finances, it might make sense to consider a small policy. It also could make sense to buy a policy if you think there is a high chance that your child will be uninsurable later on.

But unless you have specific information that makes you think your child is more susceptible to major illness or an early death, life insurance for children is a waste of money. Yes, there is a chance that this could go horribly wrong. But unless the financial costs would clean you out, invest the money instead for your child’s college education. It’s a far better use of the money.

Extended warranties

Most stores push extended warranties on consumers for almost any purchase above $100. In most all cases, they are not needed and are a waste of your money.

Before you buy something, do your research to determine how long it should last and the main reasons why similar products fail. If the product is known to create problems even for people who use it carefully, that’s one thing and the warranty might pay off. But if the product is fragile and can be destroyed easily by spilling something on it or by dropping it, the extended warranty may not help. Remember that most warranties exclude coverage for problems that are not a result of defective materials and workmanship under normal operation.

Purchasing electronics items with a credit card that will double the life of the manufacturer’s warranty is a much better idea. That is a free way to get some peace of mind when purchasing a product as opposed to shelling out extra for a warranty that rarely pays off.

Accidental death

This is one of the most egregious insurance rip-offs there is. My father died in an accident when he was in his 40s. The financial cost to the family was the same whether his death was a result of an accident or an illness. What difference did it make to us from a financial standpoint? None. Unfortunately, dead is dead.

If you need to protect your family in case of your premature death, buy a low-cost term life insurance policy. Skip the accidental death and mortgage life insurance policies. They are designed to separate you from your money.

Umbrella insurance policies

Unlike the policies described above, umbrella policies do have their place for some consumers. Just not everybody.

Umbrella policies take over where your basic coverage ends. So, for example, let’s say you have a renter’s insurance policy that covers you for up to $100,000 liability. If you think you could get sued for an amount greater than that $100,000 cap, you might consider buying an umbrella policy.

If you did that, you could extend your liability coverage by $1,000,000 or more. That umbrella policy could provide extended liability coverage for injuries sustained on your property or as a result of a car or boating accident. It also covers your dependent children in case they cause harm to others and may cover liabilities that occur on your rental property and personal injury lawsuits filed against you.

Typically, these policies have a high deductible and the premiums are very low – maybe a couple hundred dollars a year.

With all those benefits, who wouldn’t want an umbrella policy? Well, you possibly.

First, consider increasing the coverage on the basic policies you already have in place. That could be enough. For example, it might be cheaper to bump up that liability on your auto insurance from $100,000 to $250,000 or $500,000 than to buy a separate umbrella policy. And your homeowners or renters policies might provide the same opportunity. First check there.

In addition, if you are retired on a fixed income and have very modest assets, you might not need the umbrella. That’s because would-be plaintiffs probably won’t come after you anyway.

However, even if your assets are sparse, you may want to consider this kind of policy if you are at high risk and you still earn wages. That’s because people who win a law suit against you may be able to garnish your wages if they win a claim you can’t pay.

Whole life insurance

Whole life is a type of permanent life insurance. Most people who agree to buy this kind of insurance regret it sooner or later. Here’s why.

Life insurance is meant to indemnify your family should they suffer a catastrophic financial loss at your death. That’s what term insurance is good at. Whole life – like other types of permanent life insurance — however, is very bad at doing this. That’s because whole life is sold as an investment vehicle as well as an insurance product. But it does a terrible job on both fronts.

First, the investment angle fails because the costs associated with whole life and variable life are extraordinarily high. As a result, relatively little of your premium goes to the investment. The rest gets eaten up in costs.

It also fails on the insurance side because of the cost. Whole life premiums are sometimes 10 times greater than similar term policies. As a result, many people who get stuck with whole life usually can’t afford to have all the life insurance they need.

For example, Joe might be offered a $100,000 term insurance policy for $30 a month whereby he might have to put in $300 a month for a similar whole life policy. If Joe doesn’t have $300 extra each month, the agent might talk him into putting his $30 into a whole life policy which provides 1/10th the coverage he really needs.

Insurance is an important part of your financial foundation. Use it to protect yourself and your family against the real risks you face but do so prudently. Before you make a decision about any insurance, speak to an objective financial planner and make sure you aren’t just getting sold a bill of goods.

3 companies that issue term life insurance policies with no medical exam

There are a lot of reasons why people don’t get around to buying a term life insurance policy.

They may think their coverage through a group plan is good enough — but the truth is, it’s probably not because the benefit usually doesn’t follow when you split from your employer.

Or they may think they don’t need life insurance — which may or may not be true, depending on your circumstances.

And then there are some people just don’t want to have to undergo a medical exam to get a policy.

Well, if that last category describes you, take heart. A few providers in the marketplace will write you a policy with no medical exam. Let’s take a look at them.

RELATED: Life insurance — Your 7 most common questions answered

Skip the exam, get the term life coverage!

The following providers all offer term life without the medical exam.

In many cases, you’ll get a decision in as little as 20 minutes after you complete your online application.

But there is a trade-off. So-called “simplified issue policies” that only involve you answering a few health-related questions rather than going through a physical, blood test, etc. are often more expensive than their medically underwritten counterparts. It’s also important to note that these policies are dependent on you being truthful in answering the survey questions — if you’re less than honest, you run the risk of your policy being voided.

Simplified issue policies tend to work best for people who have medical issues. If that doesn’t describe you, you’re probably going to find yourself paying too much for a simplified issue policy.

Your results may vary based on your specifics, but it’s a good caveat to keep in mind as you begin looking for a policy.

Globe Life

“$1 buys $50,000 coverage”

That’s the bold claim made by this provider of term life insurance with no medical exam required.

globe life level term

Of course, that’s just promotional pricing for the first month of the policy. It resets at whatever rate you agree to for the life of the policy the following month.

Globe boasts on its website that adult rates can be as low as $3.49 a month. That’s because the maximum coverage offering is only for $50,000. With money expert Clark Howard recommending you buy 10 times your annual income in term life insurance, that’s far too little for almost anyone.

In all, five different coverage options are offered online by Globe Life — $5,000, $10,000, $20,000, $30,000 or $50,000.

This insurer is an A+ rated business by A.M. Best.

Haven Life

Haven Life is another agency that will let select qualified applicants (up to age 45) finalize coverage online without the need for a medical exam. Certain candidates, however, may still need to pass medical underwriting when going with Haven Life.

On its website, Haven Life says a 35-year-old male in excellent health will typically pay $21 a month for a $500,000/20-year term policy.

Haven Life recently upped its maximum coverage offering from $1 million to $2 million for medically underwritten policies. Though if you go the “no medical exam” route, the benefits remain capped at $1 million.

All policies are issued by Massachusetts Mutual Life Insurance Company, an A++ rated company for financial strength and stability.

Here are a few other real rates from anonymous policy-holders Haven Life lists online:

haven life insurance quotes

Mutual of Omaha

Mutual of Omaha will write term life policies for people between the ages of 30 and 74. The policies can remain in force until age 80.

No medical exam is required; you only have to answer a few health questions.

Policies can be written for anywhere from $25,000 to $100,000.

As part of the underwriting process, Mutual of Omaha will request your MIB report and a pharmaceutical report. You can read more about these little-known health dossiers that are complied on you here.

Mutual of Ohama is an A+ rated business by A.M. Best.

Singapore Airlines Careers (SIA) Opportunities – APPLY NOW

Why join Singapore Airlines Careers?

Singapore Airlines Careers (SIA) believe in helping all employees achieve their full potential. Throughout your career with us, you will be offered an extensive array of learning and development opportunities to enhance your professional and personal competencies.

For those who wish to pursue higher educational qualifications, you can also apply for sponsorship under our Continuing Education Sponsorship Scheme.

With Singapore Airlines Careers rotation scheme, you can look forward to job postings within your field of specialisation or across functional areas. After some years of experience, you may also apply, if you are so inclined, to work overseas under the Trainee Station Manager or the Overseas Manager Scheme.

The SIA core values form the foundation on which our people work and conduct ourselves in everything we do.

We are looking for individuals who embody and are aligned to these core values to join us and take SIA to greater heights.


Job Opportunities In Canada 2018 – Apply Now

Job Opportunities In Canada: Note::- All jobs are currently uploaded so first read the carefully then choose anyone if you are interested then apply.

Candidates for positions must be highly-motivated, tenacious, and self- starters. If you are interested in being part of something extraordinary and like working alongside people who are smart, organised, thorough, and take pride in initiating meaningful relationships with future customers, then this is the team for you.

Minimum Requirement :

  1. Must be able to read and speak English
  2. Must be at least 1/ 2 years experience in the post above
  3. Age should be above 18 and less than 40
  4. Valid Document & passport


Excellent Salary Package + Overtime + Food + Accommodation + Yearly Return Ticket. Working hours will be 8 per day. After 2 – 3 years you can apply for family PR


Shell Jobs and Employment Opportunities 2018

Why Career at Shell Jobs?

Explore opportunities to take your career to the next level. Whether you are a student, a graduate or an experienced professional. Discover the impact you could make with a career at Shell Jobs.

Are you a remarkable student or graduate with less than three years’ experience? Join us as we explore and discover better energy solutions together. Enhance your career development as an experienced professional with Shell and continue on your path to reach your full potential.

Our teams are more diverse than ever and being part of an inclusive, supportive work environment will ensure you are able to develop your career and reach your potential.

See all job vacancies

Opportunities in Australia for Food Packaging – Apply Now

Food Packaging Jobs in Australia

Each Candidate Applying for Packaging Jobs in Australia must have at least 1 year or so experience in the same field or it’s equivalent.

  1. General Workers: 1000 Male & Female

Basic Requirement

  • As per labour law, Candidate must be above 18 and less than 48 year old.
  • Candidate must be physically and mentally healthy, there will be the health check up before immigration.
  • Should have a clear background (Must Not have involved in any criminal activities).
  • Some of the job position above demands related certificates and licence.
  • All candidates Must be able to read write, understand  & Speak English Language Well.

Salary & Other Allowances Details

Excellent Salary Package + Overtime ( Salary Package = $ 1000 $  To 4000 $ Per month depend upon your work Experience and Position)

Company Will Provide Full Free Accommodation & Food facility. ( Overtime Depends on Work Load on Company ). After 2 years, Worker can Apply Australia’s P.R.  (Permanent Resident )


One Lawyer’s Guide to a Better Law Firm Billing Process

Most law firms are set up for the practice of law, not necessarily the practice of billing.

The problem with billing is that it can be time consuming, taking you away from your more pressing matters, like doing the actual work that goes into those bills. Since doing actual legal work is why most lawyers get into the legal profession in the first place, it makes sense to fix your law firm billing process so that you can spend more time lawyering and less time creating bills.

With the right system in place, billing your clients doesn’t need to be painful. In fact it can better support your business by:

  • opening up more time to work with clients
  • helping you get paid faster
  • offering a better client experience that will distinguish your practice from others

For insights on how to set up an effective billing process at a law firm, we spoke with Doug Bend of Bend Law Group, a firm in San Francisco, California with three full-time lawyers and an administrator. Doug’s firm focuses on helping entrepreneurs, advising them on matters such as business transactions, starting companies, raising capital, negotiating contracts, and more.

Here are Doug’s tips:

1. Weigh your billing options

When it comes to setting up a billing process, it’s important to know what factors will ultimately determine the right decision for your firm. From lo-fi to high-tech solutions, two of the most significant factors are likely to be the overall cost of the system and how much time it saves you.

“Gross revenue is important, but what’s most important is net revenue,” said Doug. “Expenses are part of that equation for law firms, and early on, keeping those expenses in check is a good idea.”

Having started his own firm in 2010 after working in a large firm in New York, Doug is familiar with the gamut of billing systems out there.

When Doug first started Bend Law, he used a system of notepads and spreadsheets to track his hours. This involved a lot of manual entry and copying and pasting when it came time to invoice his clients. Logging payments and following up with unpaid accounts became time consuming, especially when dealing with separate ledgers for client funds held in trust.

“About a year in, I recognized that the biggest headache for me was keeping track of my time and invoicing clients,” said Doug.

To save himself some pain, Doug started to look at Clio’s legal billing software as something that could help him keep better track of all his firm’s financial information.

2. Consider how much your time is worth

Whether you charge by the hour or by any other alternative fee arrangement, having more time to do actual legal work will ultimately benefit your firm. Since billing tasks can quickly eat away several hours of your time, or the time of your staff, the goal of any billing system should be to streamline workflows and create efficiencies.

One of the advantages to a system like Clio is that it can automate a significant amount of your firm’s billing tasks, from generating invoices to collecting payments via online credit card processing.

For Doug, the difference in accepting payments by credit card and check had many implications for how to allocate time at his firm. Checks were a major drain on his time. On top of that, there was no way to know if a client had received, let alone acted on, an invoice.

“Sometimes the check would be in the mail, and sometimes it wouldn’t be,” said Doug. “People are busy.”

With the right billing software, he was able to create systems that have helped him save time on many aspects of the billing process at his firm:

  • No double data entry. Instead of manually entering his time on each invoice and before sending it out, he now logs his time directly to his billing system which automatically generates invoices for him.
  • Electronic invoices and credit card payments. Sending invoices electronically is faster and more convenient than snail mail for Doug. Using this system means he can also share a link for clients to pay him immediately via credit card, which makes them more likely to pay upfront and saves him the effort of following up.
  • Client updates without the effort. Clients can pay their bills online without interacting with anyone at Doug’s firm. Once transactions are complete, the invoice and account information updates automatically in Doug’s billing system. It also saves him having to go to the bank to deposit checks or deal with checks that don’t clear.
  • Automatic accounting updates. When information is updated in Clio, it’s updated in his accounting software as well, meaning his bookkeeper has all the most up-to-date information she needs at all times.

3. Know your industry rules

Lawyers work under significant scrutiny—from their clients as much as jurisdictional authorities. It’s important that you ensure any tool you use meets all professional rule requirements.

Since Doug is based in California, there are strict rules governing how Doug can collect funds into a retainer held in trust: Any processing fees associated with online transactions are required to be paid by the firm as a separate transaction. However, most online credit card services process fees as part of each transaction, which is against the rules.

Using a credit card processor geared specifically towards lawyers can help solve this problem. For example, Doug uses Clio Payments, which ensures that processing fees are deducted from his operating account only. This means that clients don’t see any fees associated with any of their transactions. Instead, Doug’s firm receives an invoice with fees for all transactions completed by his firm that month.

4. Ensure clients get what they want

Building a better billing process isn’t just about efficiency for your law firm: It’s about better client service as well.

Doug’s approach to working with clients comes from his Nebraska upbringing, which is based on being open, honest, and offering the best service he can for the people he’s working with. Part of that involves helping them make the decisions that are in their best interest, but it also involves making everything as easy as possible for them.

When it comes to adopting any type of change to his systems, it’s important that it adds value for his clients. This goes for his billing system as well—many of Doug’s clients are millennials, people in their 30s who are accustomed to operating completely cash free and who prefer to pay by credit card.

“The younger generation, they certainly expect to pay by credit card, and I think clients who are older, they certainly appreciate it,” said Doug. “I think it makes it easier for their bookkeeping as well,” he added. “And, when they’re spending a few thousand on legal fees, getting points for that is a nice benefit that I’m sure they don’t mind.”

Offering his clients the ability to pay their legal fees via credit card allows Doug to better meet their needs, and to make for a better client experience overall. That’s key, because according to the 2017 Legal Trends Report, 62% of consumers find their lawyer via a referral from a friend or family member, and happier clients are more likely to refer you to others.

5. Design a billing process that pays for itself

Time at your law firm is valuable. If you or your staff are spending too much time creating invoices and following up on late payments, that’s time you’re not spending with your clients, and time you’re not billing for.

When weighing out the benefits of his billing system against the cost, the time-savings alone make it worth the expense for Doug.

As he explained, “It came down to putting a value on my time and asking, ‘do I want to be spending time hounding people on their invoices? Or, is it worth my time just to give them an option to pay with a credit card online, and get more of those invoices paid, to open up more of my time for other things?’”

Ask yourself the same question—you may find that revamping your law firm’s billing process with the help of legal billing software may be worth more than you think.

7 Things Lawyers Should Know About Artificial Intelligence

If you’re thinking about implementing artificial intelligence (AI) into your legal organization, congratulations on being a forward thinker. Although … it’s actually not as forward thinking as it may seem. AI is no longer the nebulous, otherworldly techno-universe that you many have once envisioned. It’s already here, today, giving us directions, telling us jokes, recommending music, answering our questions, generally making our jobs – and lives – easier. Here are seven things to keep in mind about AI as you prepare to implement it in your legal organization:

1. It’s all about the data.Artificial intelligence is built on data. Therefore, the effectiveness of an AI solution can only be as good as the accuracy of the data it is relying on. That’s why you can’t just decide to “do AI.” You first have to identify the problem you are trying to solve, then take a look at the data (for example, electronic billing data or case and matter management data from a matter management system) to see if it’s “clean” or if it needs some data hygiene.

2. AI is not just one technology.If you’re searching for the next big thing in AI, you’re not going to find it. AI is not a singular thing. There’s no “killer” AI app for the legal industry. Instead, there are AI applications in many areas of the legal industry, and each of those applications might use a different AI-related technology.

3. It’s not magic, it’s just software. While the term artificial intelligence has a mystic, futuristic aura about it, in reality it’s basically just computer software. Sure, it’s software created by really smart technology engineers and product developers who integrate complicated algorithms to compute calculations … but in the end, it’s just one of the tools legal professionals have at their disposal to help them work more efficiently.

4. AI can help you run a business.
It’s the business side of being a lawyer where AI technologies are most helpful. Legal organizations have the same kind of business processes as any type of business, such as billing, pricing, and marketing, etc. Most of those processes involve numbers and data (prices, margins, budgets, expenses, etc.). And remember, it’s all about the data, so all of these business processes can be analyzed and managed with the help of AI technologies.

5. AI does not replace humans, it assists them.
Attorneys are not going to become obsolete, replaced by robots. Sure, AI solutions can take in the data and make predictions or suggest likely outcomes, but those predictions are of varying degrees of certainty. And the conclusions may be based on inaccurate data. That’s where human lawyers come in. They evaluate the data, draw upon past experiences that may or may not be part of the data, and generate their own answers, predictions, and advice – all informed by (not determined by) artificial intelligence.

6. Adopting AI means embracing change.
If you intend to implement AI technologies into your legal organization, you must be ready for change.
Not only will your processes and workflows need to change to incorporate AI into the business, but you’ll also likely be working with a whole new set of people. Whether they are part of your firm or outside consultants, expect to collaborate with data analysts, process engineers, pricing specialists, and other data-driven professionals.

7. Clients will drive your need for AI. Speaking of collaboration, AI can also be a catalyst for collaboration between a law firm and its clients. For starters, clients’ needs will often drive the adoption of AI solutions. And in many cases, it’s the clients who have the data needed to build effective AI solutions.

PhD Scholarship For Education At Curtin University In Australia, 2018

The Curtin University is offering PhD Scholarship for Education (in Language Education). Scholarships are awarded to conduct research in a project that investigates bi/multilingual, indigenous and English speakers in Australia.

The Curtin University is an Australian public research university based in Bentley and Perth, Western Australia. The university is named after the 14th Prime Minister of Australia, John Curtin, and is the largest university in Western Australia, with over 58,000 students.

The candidate should have a very good command of English language. Therefore, the application should be written in English.

Scholarship Description:

  • Application Deadline: May 1, 2018
  • Course Level: Scholarships are available for pursuing PhD programme.
  • Study Subject: Scholarships are awarded to conduct research in a project that investigates bi/multilingual, indigenous and English speakers in Australia.
  • Scholarship Award: $27,094 per annum
  • Number of Scholarships: There is one PhD scholarship available.
  • Scholarship can be taken in Australia

  • Eligibility for the Scholarship:
    • Eligible Countries: New Zealand and Australian citizens are eligible to apply.
    • Entrance Requirements:
      Hold an undergraduate or postgraduate degree in Language Education, Applied Linguistics, TESOL, Sociolinguistics or related disciplines of high quality. Good command of written and spoken English Willingness to work with vulnerable young peopleWillingness to work with multicultural and indigenous peopleWillingness to integrate with the multilingual research team
    • English Language Requirements: The candidate should have a very good command of English language. Therefore, the application should be written in English.
  • Application Procedure:How to Apply:Interested applicants, please email your CV, transcripts and expression of interest to Dr Sender Dovchin or Prof Grace Zhang. Please explain why you wish to do your PhD in this specific field and topic. The shortlisted applicant will be contacted to apply for admission via Curtin online e-application: