Do you want senior employment? Are you 50 years of age or older and hoping and praying to land a job?Whatever your motivation to find work is, welcome to a labor market seemingly tilted against senior employment seekers. But take heart! Golden opportunities now abound for senior job seekers and the ball is in their court. There’s great news for you and dire warnings for all the critics.Newspapers trumpet headlines about seniors unable to get even minimum pay jobs. Employment fairs advertise work for anyone breathing, but they’re generally low paying $10-$12 openings. The young people staffing the application desks at these fairs seem to be mentally jotting down your age when you ask for a sign up sheet.Why is this good news? Because contrary to appearances, The United States is on the brink of an incredible labor shortage. Well respected economists predict a huge labor shortage that is making itself felt even at this moment in time. How big a labor shortfall is looming on the horizon? Some estimates run as high as 10 million unfilled positions by the year 2010.Millions of senior employees are rapidly nearing retirement. At the same time fewer and fewer younger people are coming of age to fill the vacuum. Many astute business executives of today are growing keenly aware of the worker shortfall on the horizon.Even Congress is now taking notice of the coming labor shortage. Legislation is being discussed now to provide tax credits to companies opening up flexible senior employment work schedules.All for senior employees 62 years of age or older. The icing on the cake is that health and pension benefits will be included. Be optimistic if you’re an individual seeking senior employment! With a little homework, preparation and a small dash of creativity, you can get excellent work for yourself right now.Don’t be surprised at all the opportunities out there. You’ll discover that there are a lot of options for you to choose from, more than you ever dreamed of. You won’t have to settle for just any old job that’s offered. Take out a piece of paper right now and begin jotting down a list of jobs you’d like to have. And please underline the word like. Along with it, write out your work experience and what you want to do. If you’re a senior employment seeker, then you’ve earned a lot of experience in many different areas over the years.Don’t forget to put in your hobbies too! You’d be surprised at what things like fishing and bowling can add to your job description. And this is a campaign just as important as any battle waged by the general of an army.Do you like reading about sports and politics? Add those to the mix too! Now, when you’ve finished the list decide what type of jobs you’d like to have. No matter how far afield from what you’ve worked at in the past. Meditate about it until you come up with several possibilities. And remember, the sky’s the limit.When you’ve decided on a few jobs you’d be happy doing, research the businesses that offer senior employment. Then call them and get the names of the managers that do the hiring.Finally, make out a brief resume of your work history. Now is where creativity comes into the picture. Compose a short, single page cover letter. Make it brief, and don’t just rehash the things you listed in your resume.On the cover letter, itemize what you’ve done to warrant hiring you for the position you want.Be truthful, but tell them what you can do to fulfill the job’s bottom line. You’ll be surprised, because the cover letter is often the deciding factor in hiring.When you’ve finished, make a personal visit to the business and ask to see the hiring manager. It’s a good idea to call first and make an appointment if possible. But don’t hesitate to make an unannounced visit if needed though. Whatever the outcome of the meeting, leave a copy of your resume and cover letter.Within the next three days, if you haven’t heard back from the hiring manager, call on the phone and ask for him/her. The follow up phone call will demonstrate your desire for the job. Most personnel specialists agree that this course of action is one of the most effective methods to acquire senior employment. Even if the company isn’t advertising an opening, it can often lead to a job in an anticipated opening in the future.So, don’t figure the only job you can get is flipping burgers or packing groceries. You have talents and experience that companies are hungry for now, and you’re valuable. As a person seeking senior employment, you also come equipped with an old fashioned work ethic not in over abundance in today’s workplace.Pick out the type of work you want to do…and go for it!Be assured, the national and local labor markets now realize that being a senior employment applicant carries with it added experience, talent and knowledge.
Life Insurance For Mortgages
Bank Coverage vs. Private Coverage. What you need to know!So let’s get on to a mortgage insurance discussion. Did I say mortgage insurance? Ah yes! Yes, it’s a unique name given to normal, ordinary life insurance, couched under a very nice sounding name – which makes a whole lot of difference to people wary of “life insurance.” So, they’re not buying life insurance-no, no, they’re buying mortgage insurance. I wish there were many more such unique names for good old Life Insurance which would persuade people to buy life insurance and protect their loved ones and their estates.Apparently, people do not want to talk about death; so life insurance is the last topic for discussion unless you get a close call from the Creator, by way of a heart attack or stroke. Mortgage insurance is not mandatory at your bank, or anywhere for that matter. All you have to do is sign a waiver and you’re off to the races. The waiver releases the lending institution of its obligations to offer you a plan that would take care of your family in the event you had a premature death.Let’s get back to the statistics. Out of 1,000 people aged 30, 125 will die prior to the conclusion of a 25 year mortgage. And surprisingly, despite having this fantastic name to this very important plan there are thousands of families lacking protection and leaving their dependent families open to the risk of losing their homes. I am certainly glad that due to the plans aggressively marketed by the banks, many families are protected. Or else, there would be thousands of unprotected families who would end up homeless.If a mortgage is not paid immediately, in the event of your death, it will become a huge liability to the family.Choices: Let’s visit the choices your family would have to make in such a situation.1. Will the surviving spouse/partner carry on the entire burden of the mortgage and will the bank accept the risk? If two incomes together found it difficult to make both ends meets, how can one income possibly be adequate?2. The family could sell the house, relocate or rent somewhere else. Will there be a buyer for the house? What about the cost involved in selling the house? Will there be enough money after selling or will the family owe the bank?3. Sell the house and move in with the relatives. Not the best alternative and how many people have philanthropic, generous relatives willing to take in another family? Not many, I can bet.4. It’s an accepted fact that for most people their house is their most valuable asset and they protect it by way of mortgage insurance.By the way, I’m sure you have heard this statement from a friend saying that someone they knew had died and that the surviving family does not have any money. You can immediately conclude that those folks did not have insurance and must have probably snubbed many insurance advisors like me. If one truly loves his or her family, a mere $15.00 a month can prevent such an eventuality.o Why take advice from a bank official, whose experience is not insurance?Before we discuss the nitty-gritty of the plans marketed by the banks and other lending institutions, let’s get one thing straight. Would you go to your dentist if you are ill? Or, would you go to your family doctor? True, both are doctors, but their lines of specialty are totally different. Why, then, would a person take advice from a bank official (whose expertise is banking and NOT insurance) to purchase protection of his/her most valuable asset?Don’t get me wrong-bank officers may be extremely knowledgeable in the financial aspects of banking related issues, but insurance issues are far beyond their scope. They are only doing their duty by offering the mortgage plans available.Therefore, getting advice and signing an extremely important document which can affect your entire family’s financial future is something you have to take really seriously. An Insurance Advisor, on the other hand, is qualified to give you better advice on insurance related issues.o Plans offered by an Insurance Advisor provide coverage that remains level for the term you select.Mortgage insurance plans offered by banks relate to your mortgage balance, and obviously as your mortgage drops so does your insurance coverage. In this case, if you are happy about reducing your mortgage, remember that the insurance company is equally happy because this reduces their liability.Individually acquired plans are tailor made for you personally and so, if you are healthy, you get a better rate. Unfortunately, the plans that banks recommend are group plans. It does not matter how healthy you may be compared to others in the group.o Plans we offer have premiums guaranteed and cannot be changed by the insurer.As you might be aware, group plan premiums are generally not guaranteed. Mortgage insurance plans are group plans.o Individual plans do not reduce their benefits and so the premium remains the same.Mortgage insurance plans offered by banks relate to your mortgage balance, and as your mortgage drops so does your insurance coverage, as mentioned previously. However, the premiums that the bank charges you remain the same. Does this seem fair?Most bank plans leave the insurance carrier with loopholes to decline your claim.o Individual plans will require complete medical check-ups done by qualified medical professionals, at the time of application, which will save your beneficiaries from problems later. It also protects your interests and the interests of your beneficiaries at a later date. Qualified Insurance Advisors will coach you on most medical questions so that your answers are accurate and appropriate.Most bank plans can be set up with a few condensed medical questions-which leaves your bank’s insurance carrier with loopholes to decline your claim.o Our plans do not require you to pay additional PST. The premium offered is the final figure, no PST surprise.Premiums quoted by group insurance plans do not include Provincial Sales Tax. Therefore, just like the rest of your regular purchases PST sneaks in silently to add to your total. So, when you shop for a price, please take this into consideration. A PST of 8% could buy you a lot of additional insurance coverage OR reduce your cost significantly.With our plans, the premium offered is the final figure-no PST surprise.o The plans offered by an Insurance Advisor insure both spouses separately, and so, insurance is paid on both deaths, for instance in a disaster where both the insured die, two separate death claims in the same amount will be paid, thus doubling the benefit.Bank mortgage plans are “first to die” plans-i.e. the plans pay and cease when one person of the two insured dies. Obviously you would agree that that’s the purpose of this insurance. Sure. However, wouldn’t you prefer a better option?For example: a 45 year old male and a 42 year old female insured for a mortgage of $250,000 “first to die” would pay $49.50 per month. By insuring them separately for two amounts, the cost would be about $52.00 per month. Wouldn’t you agree that it’s worth an additional $2.00 month to double the coverage, so that the beneficiaries receive $500,000? That’s the advice you will receive from a qualified insurance professional.o The plans an Insurance Advisor offers can generally be converted to a permanent plan, without the necessity for further medical evidence. So if you develop a medical condition which would disqualify you for insurance, this feature would be of great importance in the continuation of your insurance policy, thus protecting your family.Bank mortgage plans are strictly rental (term) plans and that’s about it. You do not have a choice.o Our plans are traditional life insurance policies, the proceeds of which go to a named beneficiary tax free. The insurance policies are creditor proof, thus totally negating undue expenses such as probate fees.When insurance proceeds from a bank plan are paid towards a property, those proceeds may be open to probate or creditors.o With traditional life insurance plans, the choice of coverage amount is always yours and does not require mortgage documentations.Again, as the coverage of bank plans relates to your mortgage balance, you do not have a choice. For instance, if you wanted an extra amount of coverage to protect your family, you would need to purchase it from elsewhere and unnecessarily end up paying an additional amount of money by way of policy fees.o With the plans an Insurance Advisor offers, the choice of using the benefit amount anyway you choose is yours, and you can make any changes as and when you need. For instance, when you die, your spouse has the option of whether he/she wishes to pay off the mortgage in its entirety or not, as per the spouse’s needs at the time.With a bank policy the bank is the beneficiary; your family has no choice.o Our plans are portable. They are not tied to any property. They are based on your life-not your house or any other asset.When you purchase a mortgage insurance plan from a bank, you are confining the coverage to a particular property; hence, the moving to another property requires another contract.o Refinancing does not affect the insurance plans that an Insurance Advisor will offer.Refinancing alters your mortgage balance and so the contract of a bank plan stands void. There will be a rate increase in line with your current age, with additional underwriting. You in fact may not be able to get insurance again as your health conditions may have changed.o We offer you choices of coverage ranging from 5 to 21 critical illnesses with the flexibility of purchasing the amount of coverage that you can afford. Also, you can claim two benefits separately-i.e. if the insured gets a critical illness and claims, then dies after the claim is paid, the death benefit also gets paid.Some institutions generally add the critical illness benefit to your life insurance coverage, giving you no choice with regard to the amount you may wish to purchase according to what you can afford. It also does not allow you to claim two benefits-i.e. if you collect a claim on a heart attack which is a critical illness benefit and you survive, then the contract ends. Also, the number of critical illnesses covered is limited.o A qualified Insurance Advisor can draw out a plan which allows you the option to stop paying premiums and still continue your policy.Bank mortgage insurance plans are term products which have no cash values, and so, if you stop payments, the policy will immediately lapse.o Most insurance agents will service you effectively and most of all take care of a claim, personally assisting your family when in dire need. Most Insurance Advisors’ actions will definitely speak better than bank TV commercials. They will assist you in the creation of an estate and certainly will meet you one-on-one and at your choice of venue or at your home. Basically you have hired the services of a professional in this line for the rest of the term of the plan you have purchased.Can you recall any bank making personal contact with you such as sending you a birthday card, a calendar, newsletters, or even making a courtesy call, etc.? The only time you would hear from them is possibly at the time of renewal, which would mean an additional sale for them.It’s worth noting that traditional life insurance policies from an Insurance Advisor offer a discount of approximately 9 per cent if the premium is paid annually, thus reducing the cost significantly. This discount factor does not arise with a bank’s mortgage insurance plans, which are generally paid on a monthly or biweekly basis.
New Zealand Traveling Tips
Do you want to travel to New Zealand? Then you are in luck. New Zealand is one of the most fascinating locations that you can visit all year round. While the best months to visit are November, February and April, the country is still as interesting in the other months.Now to maximize your visit, here are some New Zealand traveling tips.Come PreparedYou don’t really need a lot to travel to New Zealand. You only need a passport that is valid for up to three months of leaving your country. You don’t need to get some certificates and other requirements. To be sure, you can always stop by the country’s government website to double check.Also, you have to check the weather. Make sure that you bring the right type of clothes so you will not feel too hot or too cold. The colder months of New Zealand are from May and September. So if you are planning to visit during those months, be sure to have some jackets with you.Drive RightNew Zealanders also drive differently. If you have a driver’s license, they will usually honor that so you can rent a car. They drive on the left of the road which means that they also have different traffic rules. You have to give way to the right. Now this may take some practice but if you stay in New Zealand for about a week, you will get used to it.Stay on BudgetOf course, as with other travel plans, it is very important to stay on budget. Don’t worry. New Zealand has a lot of economical ways for you to enjoy your vacation. Transportation will usually cost around $30 while everyday expenses may cover $100. So it is still on the cheap side.So these are just some tips on how to get by in New Zealand. If you are interested in different adventure trips to New Zealand, search the Internet for available tour packages that will suit your needs.