This is the age where most people complete their education and start on their first job. The may get married in their mid or late 20s. Let us analyse the typical insurance needs of such a group of people.Life InsuranceThe first thing to determine is whether or not anyone is dependent on your income. If there is absolutely no one in your life that you are responsible for, except yourself, then you may skip purchasing any life insurance. However, if you support anyone in either a small or large measure, please take an appropriate amount of term insurance.A term insurance is a simple insurance policy that pays a nominee (your dependent) a lump sum amount of money (called sum assured) on your death. If you are a healthy person, term insurance should not cost you much. It is available online and easy to buy. You may have to undergo medical tests. Smokers will have to disclose their habit and may have to end up paying a higher premium for the term insurance.Close An … [Read more...] about Viewpoint | A quick and simple guide to insurance for people in their 20s
What do you need to get car insurance
Tampa’s goal to become a smart city was on display on Monday, as the Tampa Hillsborough Expressway Authority hosted the first public demonstration of a connected vehicle technology research project that will launch into pilot testing in 2018. The project involves outfitting a fleet of 1,600 privately owned vehicles with technology that will communicate with roadways and other cars in order to receive various warnings and alerts about roadway conditions, speed limit changes, dangers and more. The project also will connect 10 buses in the area to communicate with traffic signals, which will then prioritize the buses’ movements so they can stay on schedule. Ten streetcars will use the technology to detect when another connected vehicle is about to cross their tracks, in order reduce the chance of collisions. An accompanying app for 500 pedestrian testers will be a part of the project, too, but was not on display today. This app will issue “walk” alerts at various … [Read more...] about Tampa offers first demo of its connected vehicle technology project, launching with 1,600 cars in 2018
Vodafone's global Internet of Things (IoT) connectivity play is seeing it solve issues across stolen vehicles, children's mental health, and beer tracking, the carrier has said. Speaking during the annual CeBIT conference in Sydney on Wednesday, Binary Beer CEO Michael Burton described how his company is using Vodafone Australia's narrowband IoT (NB-IoT) network to transform traditional beer kegs into "smart kegs". "We're developing a platform that makes sure that beer kegs never go missing, and they don't get lost, damaged, and stolen, and also that the beer they serve on tap ... is fresh, just as the brewer had intended it to be," Burton said. "So to do that, we've developed these IoT sensors that attach to the beer kegs ... that can send data in real time back to the brewer." According to Burton, this data then enables the brewer to make decisions on how best to optimise the supply chain, and also to recall beer if it hasn't been stored correctly and is at risk of going stale … [Read more...] about Vodafone uses IoT across stolen cars, mental health, beer
Being interviewed on CNBC during the 2008 financial crisis should have been a highlight of my career. I had been invited to the studio in Manhattan to explain why the New York State Insurance Department, of which I was then superintendent, was trying to regulate risky derivatives. I had prepared my thoughts and practiced my key points in advance. I was sure I was ready. But when the interview was over, I felt no afterglow of triumph. Instead, I found myself sitting in my car, stunned.The unthinkable had just happened: I’d stuttered on live TV.One minute, I was comfortably talking about credit-default swaps—and then suddenly the words wouldn’t come out. Before a nationwide audience, in the middle of a deepening global economic disaster, I was completely stuck, as if in a black hole, for what seemed like an hour.Eventually I could speak again, but the experience was deeply upsetting. On the Tappan Zee Bridge on my way home, I called my father. There I was, at the age of … [Read more...] about The Feeling Every Adult Stutterer Knows
Advertisement PayPal is one of the most important accounts you have online. Don’t get me wrong, I’m not a huge PayPal fan, but when it comes to your money, you don’t want to play around. While getting your Facebook account hijacked is a huge annoyance, it’s nothing like getting your money stolen out of your PayPal account. And the Paypal scammers know this too. That’s why PayPal is one of the most targeted accounts for phishing and scams – there’s real money to be had.Having a strong password for your PayPal account is important, of course, but most PayPal account break-ins don’t happen because your password is not strong enough. You might be surprised to learn that many account breaches happen when users provide their login information voluntarily. Sounds crazy? This is exactly the way PayPal scammers work. While PayPal does offer security in these matters, you are very much better safe than sorry. So be informed on how scammers can … [Read more...] about How Scammers Target Your PayPal Account & How To Never Fall For It
Most of us have seen banners, hoardings, advertisements in newspapers, television and the internet saying, 'Secure your family’s future with Rs 1 crore life cover at just Rs x per month'.Well, it does sound like a great opportunity to get life cover at nominal prices. But is Rs 1 crore life cover sufficient?Coming across such term insurance ads promoting the magical number of Rs 1 crore, we may think that it is wonderful. A large financial cover that takes care of the family at such a nominal amount, the premium amount turns out to be what we normally spend on tea/coffee every month, does seem exciting.Close However, before you buy that Rs 1 crore life cover, stop and consider this: Is a cover of Rs 1 crore really enough for me?Mahavir ChopraHead - Health & Accident Life Insurance|coverfox.com IRDAI’s circular: The regulator steps in to ensure enhanced health insurance coverageBolster your term insurance cover with ridersCan NRIs purchase life insurance in India?On … [Read more...] about Viewpoint | Is life cover of Rs 1 crore enough?