Archive for April 5th, 2008
It’s Up To You To Manage Your Own Health Insurance
In the Marcus Welby days, people went to Dr. Welby, and he decided what tests and treatments were necessary. Their health insurance companies, being insurance companies and not trained physicians, paid most of the tab.
Many people have the idea that managed healthcare, meaning a health maintenance organization (HMO), preferred provider organization (PPO), or point-of-service plan […]
Interest Rate Imbalance
Borrowers who are unable to move their mortgages, or who are unaware that they can find better deals than those they are currently on, are helping to fund their mortgage lenders’ prime mortgages products. Borrowers who have home loans that are too small in value to qualify for low interest rates are forced to stay […]
The Higher Lending Charge Revolution
Several high profile mortgage lenders have begun to revolt against higher lending charges and chastise those who impose them on their customers. A higher lending charge (HLC) is a fee charged by a mortgage lender to a borrower if the loan-to-value ratio on their home loan product exceeds certain percentage – usually from seventy percent […]
Capped Mortgages Overview
Capped rate mortgages have variable interest rates that will not rise above a certain upper limit. The interest rate can rise or fall during the term of the mortgage, however it will not rise above the capped upper limit. This is designed to offer the borrower protection against hefty future interest rate rises.
Interest on capped […]
Term Life Versus Whole Life Insurance: Frequently Asked Questions
In this article we may once again look at whole life insurance vs term life insurance. We may try to gain some clarity concerning this subject.
Let us first try to define whole and term life insurance.
Whole life insurance may also be called permanent life assurance. It is an insurance that endows the insured person […]