Guide For Insurance

Auto Insurance Accident in Kansas

2008-12-24T09:07:00.000-08:00

If you have been damaged in accident and you must have automobile insurance rules in Kansas. You should address to the auto insurance agent in Kansas and will help you to count up your expenses. It is very important to observe such auto insurance rules. Never leave a place on which there was an accident, drive off the roadside if it is possible, check up who has been damaged in accident, render first aid to the victim, cause police. Irrespective of who was mistaken you should not leave from a place of incident.

Necessarily write down all auto insurance aspects on a paper, including all details which you can recollect. Also write down indications of witnesses. It is necessary for auto insurance agent to name date, time and a place of incident. Also specify what there were weather and road conditions, whether there was a driver in a condition of alcoholic intoxication, specify speed of movement of the car.

Your auto insurance lawyer in Kansas will want to learn who you you have been involved in accident, time which have lost on recovery of healt, charges which have incurred for transportation, repair of your car, medical accounts. Also damage is defined in what degree has mentioned your private life, dates of visiting of the doctor are fixed. You should know that are materially responsible for any accident. Also it is necessary for you to have even the minimal auto insurance in Kansas. Whether also specify at the automobile insurance rules agent you have any discounts. Try to keep all auto insurance indications of witnesses and reports on accident. If your car has been damaged, whether make sure there are pictures and other proofs of damage before to begin repair. Necessarily receive copies of indications of witnesses, visitings of the doctor, police reports. Keep all receipts on payment of car repairs which you show later.

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Insure Your Health Before You Fly

2008-12-20T06:04:00.000-08:00

Lakhs of Indian students are going abroad every year for further studies. Universities, particularly in the Schengen (15 countries in Europe), the UK, the US and Australia, attract thousands of young professionally oriented Indians every year.

These universities insist that students get insurance on health , either at home or abroad and then continue the studies. It is not practical to go abroad to study without an automobile insurance rules policy to cover the unforeseen future. Now, Insurance is one of the most important criteria for the Schengen visa, and many students do it before they pack their baggage for foreign universities.

The cost factor

Students can choose to insure themselves either in India or abroad before starting their studies. Student insurance policies cost around $500-900 per year in the US, and around Australian $400 in case of Australia. The premium amount can change depending on the university and insurance rules of the land. The cheapest worldwide cover offered by insurers is $168-234 per annum and the most expensive is $355-575 per year.

The health insurance policies offered by universities abroad provide only medical cover; non-medical risks are not insured by the companies. Which is why most students prefer to get insurance cover in India itself . However, some foreign universities insist that students take automobile insurance rules policies from them and do not accept policies taken in the home country.

What is the need of buying a health insurance policy?

Students, especially from India and other developing countries, invariably have a hand-to-mouth existence abroad. This is due to the unfavorable exchange rate. And medical treatment in most western countries is very much expensive, often several times over what the same treatment would cost if done in India. Student travel health insurance policies offered by Indian insurers cover the risks right from the time the student boards the flight out of India. Hospitalization expenses are paid even if the insured person falls sick and has to be hospitalized in some country while on his way to pursue education in the destination-country.

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Comparing Insurance Companies

2008-12-19T08:10:00.000-08:00

A little bit similar to travel health insurance, the international health insurance is also designed to protect you when you do trip from around the world, the international health insurance can rest assure you get the full covered on medical protection. Having an international health insurance can prevent yourself like from troubles that could happen during your means of travel.

Like other automobile insurance rules plan, international health insurance also has this various policies. Because the medical costs and the standard treatments that were available are not similar from one country and from another. You should make sure that your family can accept and be comfortable with all those limits and prohibitions.

Usually international health insurance rules have no limitations or environmental limits to where you’re eligible for coverage through health plans. Other may provide coverage while you’re in U.S this is very useful on persons that are world travelers or having an employment with a company who transfer or relocate you with different kinds of locations through the world. Make sure you get an international health insurance plan.

It can’t be hard to find a company that offering you an international health insurance. It’s because there are lots of companies in the marketplace today that have a strong will to make you become their customer. As you probably know by now, every health insurance companies will claim that they have the best policies ever, and other companies won’t offer you more than that.

Some companies offer you a short-term coverage which is specially designed for a traveler who taking a tour once a year to an exotic place, and the others offering an economical plan for people who planning to relocate into another country. What you should know is most companies offers you a huge choices of international health insurance plan, and you should take a benefits for comparing each other to get the best one which suits your needs.

It’s a better choice if you make an appointment with the financial advisory so they could give you other suggestion before you could decided to buy one from the international health insurance plan that is available.

International health insurance rules are yearly renewable. It means your premium for the coverage is guaranteed for one year and you cannot be denied coverage when your annual policy period expires.

The premiums may increase at renewal, but your coverage will not be denied, even if you had many claims in the previous year.

To be eligible for this type of health insurance, you will need to have a foreign residence and coverage will not become effective until you are actually residing at the foreign address. If you are planning a move to a foreign country, you may apply for coverage in advance of relocating, but the coverage will not become effective until you leave the United States.

There are many companies anywhere from the world who offers international health insurances coverage. It is not really necessary to acquire an international health plan in the country where you hold citizenship. Usually automobile insurance rules companies who offer international health plans provide coverage to any person regardless of country of citizenship.

Usually international health insurance plans will provide benefits similar to those that you have come to expect from a private or group health insurance plan in the United States.

These benefits may include doctor’s office visits, hospitalization, prescription drug coverage, ambulance service, emergency room visits, and preventive health care and maternity benefits. For information about what benefits you should look for in this type of health plan,

It’s mainly important to understand the plan prohibition to make sure that none of them will directly affect your expected needs. For instance, if you are a young married couple and are planning a family, the exclusions associated with maternity benefits may be especially important to you.

There may be limitations on coverage on pre-existing circumstances.

When applying for an international health plan, you would be obliged to complete an application that would ask questions regarding your health account. The insurance company may contradict your coverage if they sense the risk of assuring you is too enormous.

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Auto Insurance Rules Oklahoma

2008-12-18T07:37:00.000-08:00

The law in Oklahoma orders minimum scope of Bodily Injury Liability is about $26,000 per injured man up to $51,000 per accident, and scope of Property Damage Liability with a about $26,000. This fundamental coverage is often directed as 26/51/26 coverage.

The Protection of Personal Injury in your scope helps pay for necessary medical costs for you. While the law in Oklahoma does not order a minimum Injury Protection, a few people who works on automobile insurance rules company propose this as an elective coverage.

You also may get Uninsured drivers coverage for any different bodily injury reason by an uninsured motorist. While law in Oklahoma does not order this scope(but order auto insurance), you can buy this as an additional scope for extra protection. Looking on auto theft and auto crashes, it is very important to save your property using auto insuranse. We are always improving the site and different services to make it best place for auto insurance in Oklahoma and auto insurance in nearest state what you need.

The REQUIREMENTS of auto insurance in Oklahoma and conditions that needed to know using auto insurence in Oklahoma:

All motorists in Oklahoma and transport owners are needed by law to carry the next minimum limits of liability auto insurance in Oklahoma:

$30,000 for death of one man.

$60,000 for death or injury of men.

$30,000 for property damages.The law offers to show valid proof of auto insurance in Oklahoma to any law officer or representative man of the Department of Safety. You need to proof of automobile insurance rules to the other motorist and different people intricate if you get to an.You strongly need give a correct auto insurance.

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Florida Health Insurance --- Free Florida Health Insurance Quotes

2008-12-17T08:54:00.002-08:00

Free Florida health insurance quotes now offered at Florida health insurance companies can be quoted and compared through their easy to use health insurance quote engine. The top rated Florida health insurance companies
are Vista, Coventry, Aetna , Blue Cross Blue Shield , Celtic , Humana, and , Golden Rule .

Apply online or download an application for instant Florida health automobile insurance rules coverage. Compare Florida health insurance plans, rates, and benefits side by side in 30 seconds by simply entering your zip code.

Free Florida health insurance consultations will be done over the phone between the hours of 9 a.m. to 9 p.m. Feel free to call Chad Levin the owner of Easy To Insure ME at 215 944 3079. Or email them at.

Benefits of working

We are your local insurance broker offering free online health insurance quotes for Florida Health Insurance. View and compare Florida health insurance quotes in 30 seconds. Florida residents can buy Florida health insurance , apply online and get coverage today. Choose from a variety of Florida health insurance plans and health insurance deductibles. Compare Florida health insurance quotes , Florida health insurance benefits , and Florida health insurance companies side by side. Choose from HMO , PPO , HSA plans. Enjoy low cost health insurance in Floridathrough our quoting system. View and Quote the best Floridahealth insurance rates available - our rates are the same as the ones you can get directly from the automobile insurance rules company - nobody has a better price.

Also available are Florida health insurance quotes by phone. (call Easy To Insure ME 215 944 3079) We offer the most competitive Florida health insurance plans available to all consumers showing only quality Florida health insurance. Our agency knows every Florida health insurance plan in the state of Florida. We also know every Florida health insurance plan by the counties of Florida.

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Ohio Health Insurance --- Free Ohio Health Insurance Quotes

2008-12-16T09:05:00.000-08:00

Free Ohio health insurance quotes are now being We only represent top rated Ohio health insurance companies such as Anthem Blue Cross Blue Shield Ohio , Medical Mutual of Ohio , Aetna , Celtic , Humana, and Golden Rule .

The Ohio health automobile insurance rules companies can be accessed by using the easy to use Easy To Insure ME quote engine. Simply put in your Ohio zip code. After this is done the Ohio resident can compare every Ohio health insurance plan available to them. Once the Ohio resident has chosen a plan they can choose to apply online or download an application for immediate Ohio health insurance coverage. Easy To Insure ME also provides information for free health insurance in Ohio. This can be found in the HealthCare Focus section of the site. The two free Ohio health insurance plans are called Healthy Start and Healthy Families.

We are your local insurance broker offering free online health insurance quotes for Ohio Health Insurance. View and compare Ohio health insurance quotes in 30 seconds. Ohio residents can buy Ohiohealth insurance , apply online and get coverage today. Choose from a variety of Ohiohealth insurance plans and health insurance deductibles. Compare Ohiohealth insurance quotes , Ohio health insurance benefits , and Ohiohealth insurancecompanies side by side.

Choose from HMO , PPO , HSA plans. Enjoy low cost health insurance in Ohiothrough our quoting system. View and Quote the best Ohiohealth insurance rates available - our rates are the same as the ones you can get directly from the insurance company - nobody has a better price. Also available are Ohio health insurance quotes by phone. (call Easy To Insure ME 215 944 3079) We offer the most competitive Ohiohealth insurance plans available to all consumers showing only quality Ohiohealth insurance. Our agency knows every Ohiohealth automobile insurance rules in the states of Ohio. We also know every Ohiohealth insurance plan by the counties of Ohio.

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Married Couple Automobile Insurance

2008-12-11T07:33:00.000-08:00

If you are married and you need automobile insurance rules, you can expect to see some discounts depending on your driving and credit record. The thinking behind this theory is, most married couples are suppose to be more responsible and settled down. The potential to drive carelessly has been eliminated.

If the driving records of one or both drivers is bad, your car insurance rate will be higher than someone that has a clean driving record and is single. Whether one or both have a bad driving record, you still have a high-risk attached to your automobile insurance policy.

For the most part, car insurance covers all drivers in a household whether married or not. If you live with someone who has a poor driving record and tell the car insurance company this person is able to drive your car, you will pay a higher automobile insurance premium. It may be wise for the spouse with the bad driving record to take a safely drivers course to help lower the cost of the insurance premium.

When two people decide to get married, they usually have two cars and separate insurance policies. You need to determine which automobile insurance company will provide you with the cheapest car insurance and then decide to keep one or try an entirely different insurance company. Keep in mind, married couples receive discount for their age, marital status, education, driving record and credit history. For more info see.

If all the information supplied to the car insurance company is positive, you should receive discounts allowing for lower insurance premiums. If you become divorced or widowed your automobile insurance reverts to a single premium resulting in a higher car insurance rate. Most people do not find this to important when considering their impending divorce, but widower's sometimes find this to cause a financial burden.

Some interesting facts about car insurance and married couples are that no matter what your age, if you are married you receive a discount for being married. If you combine all your insurance needs into one package after you are married, you receive a better deal on insurance rates. The way of the world today offers more incentives to marry then to stay single, even though some single people actually may be a better driver than a married couple may. The car insurance company recognizes your marital status as a determining factor, but it should not be included.

A married couple can obtain quotes from various automobile insurance rules companies and receive discounts that allow you to choose from many different companies. Always remember the cheapest insurance might offer the same coverage you have been used to as a single person, so adding more coverage may be required.

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Understanding Automobile Insurance Is Essential To Proper Coverage And Affordable Rates

2008-12-10T09:52:00.001-08:00

Automobile insurance is one of those things that a car owner just can not do without these days. There are so many different types of car insurance that a person can look into, and depending on your situation you may be more prone to choose one type of coverage over another. There are multiple forms of automobile insurance rules coverage, and knowing what type of coverage you need can make it easier to get the automobile insurance quotes that you need to make a decision on insurance. To make it easier for you to get the insurance you need, we have broken down a few of the major types of insurance that you may want to look into for your vehicle.

Liability Automobile Insurance

Liability insurance is the most commonly used type of automobile insurance on the market today. This is the insurance catch-all of the industry, one of the most common types that there is. In most areas of the United States, car insurance is mandated by law; any type of car on the road should have insurance on it, at the very least liability.

Liability insurance is not the type of insurance that you should look into if you have a new vehicle. This insurance only covers the damages incurred by the other party that you may be held liable for. If you are at fault for the accident, the liability insurance coverage goes in on your behalf and pays the necessary costs that are incurred.

Collision Automobile Insurance

Collision insurance is just what it sounds like; it is insurance designed for those who want protection from a collision with another vehicle or object. Liability insurance does not cover anything other than the liability that arises from ownership of the vehicle. Collision coverage will fix your car if you end up getting into some type of accident, something that people with brand new cars are desperately in need of. If your worst fear is getting into an accident in your car, collision coverage just may be the way to go.

Comprehensive Automobile Insurance

One of the higher automobile insurance rules quotes you are going to get is for comprehensive coverage. Comprehensive coverage covers everything except collision; that is what collision automobile insurance is for. With such coverage, the insured is protected against theft, vandalism, and other things of that nature and for those who strongly value their cars this is the type of automobile insurance to look into.

Automobile insurance is one of those things that car owners just can not do without. There are certain types of coverage that are more important to some than others, and knowing what you want is an integral part of the automobile insurance quotes collecting process.

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Automobile Insurance Endorsements

2008-12-09T08:41:00.000-08:00

Automobile insurance rules endorsement is just a fancy term for any of those policy extras like towing insurance, auto glass insurance, daily rental insurance, and emergency roadside insurance.

These policies are never required by any state, but many drivers value the security and convenience they provide.

Here's what you get for your money:

* auto towing insurance pays for (you guessed it) towing your car anytime you need it

* auto glass insurance gives you a lower deductible (or no deductible) when it comes to repairing any broken window on your car.

* daily rental insurance covers the cost of a rental car while your car is being repaired because of a covered event. (So you'll usually need both comprehensive and collision insurance to qualify.)

* emergency roadside assistance covers repairs done on the spot. Changing a flat roadside may be covered, but you'll have to pay for any repairs at the garage. This policy is often combined with auto towing coverage, and called roadside emergency towing insurance.

In some states, medical payments coverage and uninsured/ underinsured motorists coverages are voluntary coverages. In others, they're mandatory.

Your Car Insurance Policy

Choosing the right amount of coverage in the right areas will both save you money and protect you better.

Raising deductibles, increasing liability limits, and eliminating redundant policies will make your car insurance dollar stretch farther. You can learn more about these and other car automobile insurance rules choices.

But changing your coverage amounts isn't the only way to save money on your policy. Insuring your automobile with the same company that provides your family with other types of coverage can earn you lower premiums. And some companies will offer a lower rate if you pay your premium electronically.

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Reasons To Get Automobile Insurance

2008-12-08T07:41:00.000-08:00

If you are having money problems, driving without car insurance can seem like a good idea to save a little money. However, this is an extremely bad idea because you are only a moment away from an accident. This article is going to tell you why you should never drive without automobile insurance.

The point of car insurance, like all other insurance, is to hope you never have to use it; but, you are prepared and have it in case something was to happen. The worst thing that can happen is getting into an accident and not having automobile insurance rules, so do not try and save money by cutting car insurance.

If you do not have car insurance and are wondering if you should get it; or, if you are just wondering why you should have car insurance before driving, here are some of the top reasons:

1. If you are involved in an accident and neither you nor the other driver has car insurance, and you require medical care, you will not be covered by any form of personal liability insurance. Personal liability insurance comes with auto insurance packages, and you will lose a lot of money, more so than if you bought auto insurance, trying to pay your medical bills.

2. If you cause an accident and you have no insurance you are leaving the victim in a tight spot. If an accident is your fault than your insurance company is suppose to pay the other drivers company, who in return would pay that driver. However, by not having insurance, you will probably have to pay to fix that persons car with your own money.

3. If your car was either stolen or you got in an accident and had to try and pay the cost of either fixing it or replacing it, you could be looking at no transportation for a long time. If you are trying to save money by not paying for car insurance, you are probably not going to be able to fix or replace a car anytime in the near future. This will hinder your ability to get to work or go places period which will lose you money.

4. You may think that you are not breaking any laws, but you are. If you are driving without car insurance you are driving illegally, which is against the law. Also, if you are caught without car insurance you can loose your license.

5. If you are caught driving without insurance you will be moved to the high risk category for car insurance. This will raise how much your car insurance premium will be when you go to get car insurance, which is a bad thing.

From potentially spending more money than you are saving to breaking the law, there are many reasons for you to get car insurance. There is no good reason for you to drive without automobile insurance rules and you should never leave the driveway without insurance. Hopefully after reading this article you understand the importance of car insurance and you will be on your way to finding a good auto insurance quote.

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Automobile Insurance Articles

2008-12-07T07:24:00.000-08:00

You know that you need automobile insurance rules, but what do you do when your teen has just started driving? How do you know if your car is protected from accidental damage? What if you want other insurance options from the company that you already trust? Here are a few things that you'll want to look for when you want the best automobile insurance.

Additional features other than basic insurance may seem like a way to spend more money on a policy every month, but this can actually save you money in the long run. Many insurance companies, such as All State and State Farm, offer different types of insurance for families across the country, and this is definitely a plus if you don't receive insurance from your job.

You can take advantage of limited health insurance and life insurance when you purchase automobile insurance from these companies, so you can take care of more than car insurance with just one payment. This will also help you to cut down on the premium cost that you will have to pay with your insurance, so you won't have to pay two or three premiums from different companies.

Vehicle insurance for teens and new drivers is also a feature you'll want to look into if you're looking for a car insurance quote for the whole family. Insurance for teens usually includes liability features, so that your teen is covered if he or she is in an automobile accident where the fault lies with the other driver.

Even if your son or daughter is at fault for the accident, there are insurance that will cover the cost of damages. Driving classes, safety features, and low premiums are also things you'll be looking at when it comes to teaching your child to drive, so automobile insurance rules from Progressive may be the best choice for new drivers.

If you're a homeowner, you'll want to look at companies like AIG or GMAC for your motor vehicle insurance. You'll receive discounts on all the types of insurance that you'll need, and you may even be able to take advantage of payment plans that are designed just for you.

Travel insurance is also available through these companies, so you can enjoy your vacation, even if you don't take your automobile with you. Defensive driving courses are also covered by insurance through these companies, so be sure to talk to an agent about these features before deciding on your policy.

Auto insurance offers something for everyone, and you can check out these companies online before making a final decision on your policy purchase.

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Finding The Best Automobile Insurance Online

2008-12-06T07:48:00.000-08:00

Automobile insurance rulesis one of those necessary evils in life; many people don't want car insurance because of the cost, but most people aren't sure where they would be without it. In many countries having enough auto insurance to compensate others following an accident where you are at fault is compulsory and failure to carry the insurance can result in imprisonment.

Insurance is designed to protect against any loss that comes out as a result of an accident, giving some relief to those found liable for accidents facing expensive lawsuits and giving the victim with suitable compensation through the system. Because of this, most people end up being fairly relieved that they have automobile insurance at some point in their driving career.

Getting cheap car insurance online, even the most basic of packages, can wind up saving you an awful lot of strife on the road when you get into an accident. In fact, more people are choosing cheap car insurance online as their sole automobile insurance provider than ever before because of the ease in which it is accessible.

Car insurance online comes up with a valid quote for your insurance needs by calculating your vehicle type, your driving record, the roads you are most apt to drive on and the amount of time you will spend driving per month. From these variables, a car insurance provider can come up with a quote for their customers and can start to orchestrate a plan for delivering the best insurance possible.

Tesco, Britain's leading automobile insurance rules provider, is one website that contains an awful lot of information that can help you come up with an online quote. Getting your car insurance through Tesco can be a brilliant way to go about insuring your car in the UK because of the alternatives to some of the basic plans, including ample special features and a ton of unique vehicle-specific variables that can be plugged into your overall plan.

Tesco car insurance has various no-frills style insurance packages that enable customers to mix-and-match some of their policy points in order to come up with a good policy that suits their needs.

Along with looking online for automobile insurance, there are other things you can do to get low car insurance rates to come your way. The top tip that most experts offer is to shop around. Look online, offline and everywhere in between for the best low car insurance rates.

Another idea is to make sure that all of the vehicles you will be insuring are located on the same policy. This is a good idea because it enables you to save up to or around ten percent per car through "multi-vehicle" discounts. An idea along these lines that some companies also offer is the "multi-line" insurance, meaning that if you insure your home and your car with the same company, you will end up with a discount on both pieces.

There are many opportunities to save money on your automobile insurance if you look in the right places. You can choose a higher deductible, for example, and save a good amount of money on your car insurance through that route. You can also drop collision altogether if you have an older car, enabling you to cut some fiscal corners and bring down your overall rate. The best option for saving money on your automobile insurance is, however, to not end up using it by driving safely.

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Cheap Automobile Insurance Rate Quotes - How To Get Them

2008-12-05T09:05:00.000-08:00

Getting cheap automobile insurance rate quotes can be a time consuming task to say the least. Here's how to get cheap rate quotes with a reputable insurance company quickly and easily.

Cheap Automobile Insurance Rate Quote Lesson

Yesterday I decided to check out one of those automobile insurance rules the advertises "Cheap rates! Save up to 50% on your insurance!." This company is rated number one on some top insurance review sites. I wanted to see if they could beat the rate I'd gotten a few years back from another insurance company.

I called their "800" number, answered all the questions the agent asked me, then, anticipating that I would be saving hundreds of dollars a year on my insurance, anxiously waited for my quote. I was sorely disappointed.

The quote I received was $812 more than what I'm currently paying for my automobile insurance.

The lesson: Don't believe everything you hear or read. Check it out for yourself. The only way to know you're getting a cheap insurance rate is to get quotes from a number of different insurance companies and compare them.

Cheap Automobile Insurance Rate Quotes Online

The quickest way to get automobile rate quotes from different companies is to go to an insurance comparison website. Once there you'll spend a few minutes filling out a simple questionnaire to get multiple quotes.

Some of the better insurance comparison websites have a chat feature where you can get answers to your questions online from an insurance expert, and an "Articles" section where you can get tips and advice. (See link below.)

If you're currently insured, make sure you have your insurance policy handy so you can compare apples to apples.

Check Out the Company

After you choose an automobile insurance rules company you'll want to check them out to see if they're reputable and will give you good service. I recommend going to your state's department of insurance website to see how many complaints have been filed against them compared to other insurance companies.

If your state doesn't list those complaints, go to California's Studies and Reports," then "Consumer Complaint Study" to see the number of complaints consumers have filed against a company. Every company will have some complaints filed against them. You want to find out if a particular company has an unusually large number of complaints filed against them compared to other companies.

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Down Payment Assistance Programs

2008-12-04T08:55:00.000-08:00

There are quite literally thousands of city and county sponsored assistance programs available to eligible first time home buyers today. Generally speaking, local down payment assistance programs share similar program characteristics:

1. Assistance funds used in conjunction with purchase money first mortgages must be applied to down payment and, on some programs, closing costs are also allowed.

2. Assistance funds may not be used to pay off revolving or installment debt (credit cards, car loans, etc.), collections, judgements or charged off accounts

3. Cash back to the borrower is strictly prohibited however, in some cases, the borrower’s initial deposit in escrow may be refunded to the borrower after escrow has closed

4. Income limits apply

5. Sales price limits apply

6. Geographic restrictions apply

7. Asset limitations (liquid assets) may apply

8. Equity share provisions may or may not apply

9. Interest rates vary and may run as low as 0% on some programs

10. Competing city specific programs and county specific programs (eligible cities) generally may not be combined on any one single purchase transaction (no double-dipping). The home selected for purchase must be situated within the funding agency’s geographical jurisdiction, city/county border

11. Borrower must be a first time home buyer, that is, one who has not owned real estate as a primary residence within the most recent three years (mobile homes on wheels, time-shares, etc. are not considered primary residences) however, in some cases, exceptions may be made for displaced homemakers, those buying properties in targeted area census tracts, eligible military veterans, etc. Check program specific guidelines for the categories that qualify for the first time home buyer exception insurance sample cancellation letter.

12. Borrower must be a legal resident or legal resident alien

13. Eligible borrowers must provide full income documentation and qualify using tandem first mortgage financing insured through traditional prime insurers: FHA, VA, USDA-RD, Fannie Mae, Freddie Mac or as authorized by the city or county program administrator. In this context, sub-prime, Alt A, alt doc or stated income documentation programs are not acceptable

14. Home buyer education requirements vary by program. This item may not be waived if required according to program-specific underwriting guidelines.

15. Funds are allocated annually or as requested by a city or county housing program administrator. Funds are subject to depletion at any time depending on consumer and lender demand

If you are a first time home buyer of low to moderate income interested in purchasing an affordable, moderately priced home, there is a good chance you may qualify for any one of a number of down payment and/or closing cost assistance programs.

FIND A LOCAL DOWN PAYMENT ASSISTANCE PROGRAM

There are a number of ways to locate programs and corresponding eligibility requirements. A good source of information may be obtained through real estate agents, loan officers, family or friends who benefited from same programs. The most efficient methods I have found so far have been facilitated through internet search engines. I use a popular search engine (like the one that starts with a “G” and rhymes with “bugle”). If the internet is not available to you, simply contact your target city’s or target county’s housing department at City Hall. Utilize Exhibit B located at the end of this chapter to facilitate your search.

PROGRAM AVAILABILITY

Most city and county government offices have a Housing Department through which first time home buyer programs are administered. Some cities however do not offer such programs. As my daughter Marilyn (a third year student at the University of California Santa Barbara) recently discovered, her post-graduation target city, Beverly Hills, does not offer a first-time homebuyer program. The City of Los Angeles however, as well as participating cities in Los Angeles county offer first time home buyer programs. If, after going through the motions suggested below, your target city or target county results come up blank, it is highly likely a program is not currently available. In these instances, a phone call to the housing department should be made to confirm the availability of a first time home buyer program in their town, if any, and current funding status.

A. Enter the following search criteria for your target city or target county:

Example: “City of Smallville Texas” or ”Smallville Texas City Hall” or

“Smallville County” B.

Once linked to the county or state website, click any one or all of the following possible links: 1) Departments, Housing or Redevelopment or Community Redevelopment, First Time Home Buyer Programs

In most cases, specific program eligibility requirements will be posted to the housing agency’s webpage listing the following program details: 1) Income Limits, Sales Price Limits, Geographic Restrictions, Miscellaneous borrower requirements, Miscellaneous program requirements

In the rare event program details are not posted, click on the “contact us” link located at the bottom of the web page or call the Housing Department to request current program information.

MORTGAGE LENDERS

Some housing departments will provide, for the applicant’s convenience, a comprehensive list of mortgage lenders certified and authorized by the program administrator to assist applicants with the initial loan application and conduct preliminary qualifying processes. Some housing agencies may instruct interested applicants to complete pre-screening (for compliance purposes) through the agency’s housing department first to determine whether the applicant meets program specific eligibility requirements prior to contacting an authorized mortgage lender.

PROGRAM EXCEPTIONS

City and county sponsored down payment assistance programs are created to benefit first time home buyers of low to moderate income with limited cash assets. If, by median area income standards, you are an upper-income applicant, that is, one whose current annualized family income exceeds a program’s low or moderate income limit, you will not likely qualify for that particular program (an exception may be made for target area properties however this exception is program specific and case-by-case). Also, if you owned real estate as a primary residence within the most recent three years, you will not meet the IRS’ definition of a first-time homebuyer however, in most cases, an exception may be granted for applicants purchasing homes in federally designated “target area census tracts”.

TARGET AREA EXCEPTIONS

A target area census tract is an economically depressed area in need of economic revitalization. Target areas are identified by six-digit census tract numbers and may be located using a census tract map or census tract search engine. Program specific guidelines will spell out under what circumstances exceptions to the first time home buyer rule may be granted and will also list eligible target area census tract areas and/or redevelopment area maps.

PROGRAM UPDATES

Income limits, sales price limits and maximum assistance dollars available to each purchase transaction are updated annually (or as changes to area median income and median sales price figures warrant necessary). It is prudent to verify through the housing finance agency or authority the accuracy of information reflected on the agency’s website (specifically income limits, sales price limits) and confirm availability of funds.

PROGRAM ELIGIBILITY

The housing agency may provide an on-line work sheet to assist prospective buyers in prequalifying for the purpose of determining eligibility with regard to income limits and sales price limits. An eligibility work sheet has also been provided at the end of this chapter - see Exhibit B (available in the full book version located at FTHBGuru.com).

Upon locating a workable and fully funded down payment assistance program, the next step in the qualifying process is to obtain formal loan approval through an authorized mortgage lender or authorized mortgage broker. To this end, applicants should be prepared to provide, at minimum, the following income documentation: 1) Most recent paystubs (30 days worth) 2) Three years federal tax returns with all schedules

LOAN APPROVAL AND LOAN CLOSING

Borrowers who apply for first time home buyer program funds must pass two important tests.

First Test: The primary borrower(s) must satisfy insuring agency (i.e. FHA, VA, USDA/RD-GRH, Fannie Mae, or Freddie Mac, whichever applies) credit and debt qualifying requirements. This part of the first test is performed exclusively by the lender. City and county housing departments do not staff mortgage loan underwriters – they rely on the expertise of participating lenders to competently underwrite a loan file to insuring agency requirements.

Second Test: The primary borrower(s) must satisfy city or county program specific bond compliance requirements for A. Income Limits B. Sales Price Limits C. First Time Home Buyer Status

This part of the second test is generally not performed by the lender. The city’s or county’s housing department will determine who may review loan files for bond compliance purposes. Ultimately, one of the following entities must perform a bond compliance review prior to loan funding: 1) City or county in-house bond compliance department 2) An authorized independent contractor - bond compliance agent or agency

THE PROCESS Lenders must review all borrower provided documentation, credit reports, credit letters of explanation, verification forms, title, appraisal, etc. and issue a conditional loan approval before a loan may fund and close.

The sooner borrower specific documentation and all parts of the loan file are compiled and analyzed, the sooner a lender can issue a conditional loan approval, transmit loan documents and close the transaction.

In the context of city and/or county funded first time home buyer programs, under most circumstances, the lender does not fund the city’s or county’s subordinate loan. The city’s or county’s accounting department will cut a check or wire the subordinate loan funds to escrow/title after approving the loan for bond compliance purposes only. Failure to follow city or county specific procedure in this regard may result in an unsalable loan in the secondary market. Lenders should be careful to follow correct procedure which varies from one program to the next. Borrowers should check with their loan officer for established program protocols in this regard.

RESALE RESTRICTIONS

Please note, homes financed in part with city and county down payment assistance funds may have “resale restrictions” recorded against the home. These restrictions are often written into the deed of trust, mortgage, promissory note or as part of a separate attachment which becomes binding when recorded concurrent with the city’s or county’s trust deed or mortgage. In most cases, after reviewing a government entity’s loan documents, most lenders will not approve a program if certain resale restrictions apply.

Generally speaking, some city and county programs include a resale restriction that legally limits future buyers exclusively to persons of low to moderate income (or other city or county-specific limitations and exclusions) regardless of the circumstances surrounding a sale in foreclosure. In the insurance sample cancellation letter event of foreclosure, resale restrictions adversely affect a lender’s ability to freely negotiate and sell the property to the highest bidder at a trustee’s sale.

The good news is that many city and county department heads recognize the bind that restrictive covenants of this nature unfairly place on foreclosing lenders. Consequently, many housing agencies either do not include this particular resale restrictive covenant anywhere in their loan documents or, in some cases, any applicable resale restrictive covenants recorded concurrent with the deed may include a provision (out-clause) ensuring that the resale restrictions are terminated and have no further force or effect in the event title is acquired by a lender or insuring agency upon foreclosure. With that specific language, lenders in foreclosure are thus protected.

LENDER APPROVAL OF CITY/COUNTY SPONSORED PROGRAMS

Most lenders will require thorough review of city and county generated loan documents consisting of: 1. sample copies of the city’s trust deed or mortgage 2. sample copy of the promissory note 3. program guidelines and 4. any applicable attachments recorded concurrent with the mortgage or trust deed (like the resale restrictive covenant document)

The review process is typically performed prior to approving a program for use in-house to ensure the program meets the lender’s requirements and to also ensure the program satisfies insuring agency (FHA, VA, Fannie Mae, Freddie Mac, USDA/RD-GRH) requirements.

COMMUNICATION IS KEY

The best advice to prospective first time home buyers in need of down payment and/or closing cost assistance: get one step ahead of competing applicants by immediately communicating to your loan officer your desire to use a down payment assistance program and, if possible, provide your loan officer with all information accumulated concerning the desired program.

With advance knowledge, your loan officer may jump start the qualifying process and request reservation of city or county funds on your behalf at the earliest possible opportunity. For more information on programs created for first time home buyers of low to moderate income, go to FTHBGuru.com for an full version, electronic copy of the reference manual.

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Holiday Profits

2008-12-03T07:16:00.000-08:00

The holiday season is a time of fun, cheer, joy and spending for many people or at least that's what retailers and many small businesses are depending on. If you've been thinking of bringing in extra income during the holiday season - opportunities await you!

The most important thing to remember about creating a short-term business idea for the holidays is early planning. Normally, July is the time-frame that individuals who have holiday businesses start preparing. This will give plenty of time for getting products shipped and implementing your marketing strategy. However, there are several money making ideas that can be planned for in the September time-frame, but any insurance sample cancellation letter and you'll have to wait to start a holiday business next year!

Below, please find 4 holiday business Ideas that might work for you!

1. Letters From Santa

Children and adults alike love getting a surprise letter from that favorite man with the white beard! This is a favorite for many moms to purchase for their little ones during the season. Create 4-5 template letter themes that can be customized based on the child's likes, dislikes and Christmas wish list. Great holiday paper stock can be purchased at your local office supply store.

Target Customers: Parents with children between the ages of 3-10

Marketing Ideas: Choose a special charity that services women and/or children and commit to giving $1 for every order to that charity. This encourages parents to also support the cause. Set up booths at holiday craft fairs, malls and other holiday events.

Potential Profit: Most letters are prices between $5-$7 and include an activity or small token gift for the child such as holiday coloring pages. It also helps to donate a $1 to a worthy charity or cause. Supplies including holiday paper, postage and envelope, holiday and coloring sheets should run you approximately $75 per 100 letters.

So, 100 letters would yield between $500-$700 gross profit.

2. Holiday Mailing Service

If you're good at administrative work and implementation this is for you! Individuals and small businesses alike have a difficult time of getting those greeting cards out on time. Your mailing package could include:

Data entry of greeting card list
Holiday card selections
Post Card Greeting w/recipe
Assembly and mailing of cards

Target Customers: Real Estate Agents, Mortgage Brokers, Insurance Agents, Consultants, Accountants and other independent agents.

Marketing Idea: Develop an attractive holiday post card using industry specific photos and add a short holiday recipe. Your marketing text could read, "Have postcards made just like this one for your customers for the holidays using our holiday mailing service. Call us today!"

Profit Potential: Your basic package should start at no less than $150 (actual cards and postage not included), which could be preparing and mailing greeting cards or post cards for up to 200 people. Additional profit is made from you purchasing greeting cards at a wholesale price and marking up retail.

3. Custom Holiday Cards

If you're a graphics designer or like designing greeting cards this is for you! Create at least 5-8 holiday card designs & themes.

Marketing Idea: Develop a sales flyer with pictures and prices of your designed cards on the flyer. Now you're read to start marketing to family, friends, small businesses and insurance sample cancellation letter independent agents etc.

Profit Potential: 100 customer card packages sold at $25 per package (15-20 greeting cards) will yield a $2500 gross profit. Supplies are estimated at less than $350.

4. Holiday Catering Service

Do you love baking desserts and preparing holiday foods? This could be a great money making time of the year for you! Specialize in offering holiday trays and desserts for offices and small parties of 50 and under. Keep your holiday food and dessert selection simple and package and price your trays based on number of people served.

Marketing Idea: Bake and cook food samples and schedule to deliver sample items to offices with secretaries and office managers. It's sure to be a hit. Do it early enough and you will also get individual customers from offices as well!

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Drinking May Reduce The Risk Of Certain Diseases

2008-12-02T07:37:00.000-08:00

Heavy drinking may lead to more than alcoholism, according to recent studies. A report appearing online, to be published later in a print version of The International Journal of Cancer, revealed that women who drink an average of more than two alcoholic beverages a day double their chances of being diagnosed with endometrial cancer, compared with those who drink less. Benefits, however, have been seen in other studies for those who only drink moderately.

The study was conducted on a multiethnic group of 41,574 postmenopausal women, following each subject for an average of eight years. In that time, 324 individuals were diagnosed with endometrial cancer, or cancer of the lining of the uterus, and drinking and eating habits were evaluated based on questionnaires. After controlling for variables such as body mass index (BMI), age, hormone therapy and history of pregnancy, researchers found that those who consumed more than two alcoholic beverages a day -- be they beer, wine or hard liquor -- were twice as likely to get endometrial cancer as those who drank two or less.

For Texas women, this could be of vital importance. Texas isn't exactly known for its lack of alcohol consumption, and every year, thousands of women in the state are diagnosed with gynecological cancers. While breast cancer beats endometrial for the annual tally of those diagnosed in Texas -- breast is the third leading cancer diagnosis, behind lung and colon/rectal -- it also stands a better chance of being cured without major surgery. And yet one-quarter of the state is living without health insurance, a circumstance that typically leads to less access to healthcare, according to recent studies conducted by the Commonwealth Fund. insurance sample cancellation letter Despite having some of the nation's best medical facilities located in Dallas, Houston, and Austin, many uninsured women do not have open access to them.

No one is sure why heavy alcohol consumption increases risk so much. The theory is that alcohol raises estrogen levels, which, in turn, increases mutations and DNA replication errors -- precursors to cancer -- over long periods of time.

"Relatively few studies have examined the relationship between endometrial cancer and drinking. If this is a true association, that's one more lifestyle change women can make," said Veronica Wendy Setiawan, lead researcher of the study and assistant professor of research at the Keck School of Medicine of the University of Southern California.

According to the National Cancer Institute, 40,000 women are hit with endometrial cancer in this country every year and over 7,000 will die. At this time, there is no known cure for the disease, though it is considered highly treatable if caught early; the solution is usually to remove the uterus itself and hope the cancer has not metastasized (i.e., spread to other parts of the body). Treatment can also include removing the fallopian tubes and ovaries, performing a pelvic lymph node dissection, and/or a laparoscopic lymph node sampling, radiation therapy, chemotherapy, hormone therapy, and natural methods, such as herbs and acupuncture.

One might (logically) believe any alcohol consumption at all would increase the likelihood of most diseases, but various studies claim that consuming two or fewer alcoholic beverages a day carries no additional risk of endometrial cancer, and can actually improve overall health and memory, as well as reduce the chances of getting cardiovascular disease. Dr. Graham McDougall, associate professor of nursing at the University of Texas at Austin, and lead author of the study, "Older Women's Cognitive and Affective Response to Moderate Drinking," found that older women who drank moderately scored better on cognitive tests, such as remembering a story, route, or hidden object, future intentions, and connecting random numbers and insurance sample cancellation letter. Other cognitive and psychological benefits were also observed.

"Moderate drinkers reported less depression, had higher self-reported health, performed better on instrumental everyday tasks, had stronger memory self-efficacy and improved memory performance," said McDougall. McDougall's study, part of a larger University of Texas project funded by the National Institutes of Health, shocked many. He claimed that moderate drinkers also scored higher on tests designed to measure attention, concentration, psychomotor skills, verbal-associative capacities, and oral fluency. "In addition to their actual performance on tests," said McDougall, "the confidence of those who drank was higher and they used more strategies to facilitate memory."

Dr. McDougall was careful, however, not to encourage alcohol consumption, and reminded the public that physical and psychological issues were actually aggravated by heavy drinking; i.e., more than two drinks per day. That would also seem to hold true for the risk of endometrial cancer, as well, with two drinks sitting right on the cusp of "risky." In other words, non-addicts might just be better off, psychologically, as well as physically, having a glass of wine at night, but one shouldn't get too excited. Heavy drinking is still, after all, heavy drinking.

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The Importance Of Repairing Your Credit Report.......Yourself!

2008-12-01T08:06:00.000-08:00

It seems to be common knowledge today that we are living in a society overwhelmed with debt. Credit card balances insurance sample cancellation letter are hitting all time highs and in return, people are running into more and more problems with their credit ratings. These circumstances have led to decreased credit scores which lead to increased fees for credit cards, auto insurance, and can even affect you getting a job!

A recent study has shown that nearly 70% of credit reports carry some type of error on them. 70%! Statistics like this is one factor which has resulted in the government allowing Americans the ability to receive a free credit report every year. Americans need to become more aware of what is reported on their credit reports to help decrease these errors.

One business that has begun to flood the web is "Credit Repair Companies". There are several different websites, many of them claiming to be law firms, which will charge you numerous fees to clean your credit report for you. Typical tactics used by these credit repair companies are bombarding collection agencies with letters, asking them to remove your negative items. What consumers need to know is that these tactics, which give the credit repair company's the nickname "Dispute mills", are not effective in removing negative items! Typically it does nothing more then raise red flags at the collection agency's and can even make it nearly impossible in the future for you to try to re-dispute an item on your own. Collection Agency's will see these as what it is, a mass mailing to get negative items removed, and take it as ungrounded reasons to have items removed.

Their tactics and fees are on thing to consider but one previously unmentioned thought may be even more important, identity theft! Identity theft is one of the highest crimes in the country today. When you hire a credit repair company on the internet you may know nothing more about the company then its website address. There first step will be to charge you all kinds of fees, secondly they will want a copy of your credit report so that they can fix your negative items or errors. Now if this is a legitimate law firm or credit repair company, there may be nothing to fear, but what if their not? You just gave someone access to all your personal information including not only your credit card numbers, loan numbers, but your social security number, address and everything that legally makes you...YOU!

For those few reasons you need to understand that you do not need to hire anyone to fix your credit report. You can accomplish the same thins even the best credit repair company can accomplish, by doing it yourself! The people at creditrepairplan.com help you to learn how you can fix your credit effectively, legally and simply. They provide you with a insurance sample cancellation letter step-by-step calendar to follow, sample letters to send to collection companies or creditors, and maybe even more importantly, empower the consumer by informing them of their legal rights when it comes to credit repair.

We shouldn't become overwhelmed by the process or frustrated by the creditors games. Become informed, learn your rights and regain your credit freedom!

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Can Your Identity Be "Trusted?"

2008-11-30T08:33:00.000-08:00

Are you aware of the new "credit freeze" laws that, as of November 2007, have been enacted in all 50 states? These laws allow consumers to place a "freeze" on their credit information. No new credit may be obtained and individual credit information cannot be released in any manner unless the freeze is removed by the consumer.

A recent competitor in the credit monitoring/consumer protection products and services arena is Trusted ID. This company offers credit monitoring, identity theft, and ID theft insurance as well as other resources to consumers independently and not through one of the three major credit reporting agencies of TransUnion, Experian, or Equifax. This business is located in Redwood City, CA and more information about the company may be obtained by calling 1.888.548.7878.

ID Freeze is the title of the service provided and its features include; credit card monitoring, stoppage of pre approved credit card offers; access to ID theft and restoration specialist, "Lender Double-Check; ID theft insurance and "CreditLock."

What are these features and why are they important? By insurance sample cancellation letter providing credit card monitoring; consumers are able to be informed of activity that may indicate that their credit card information may have been compromised, for example additional details regarding the security breach experienced by TJMaxx and Marshall's and how it may have affected you. The stoppage of pre approved credit card offers is important for two reasons. First, credit reporting agencies are selling your information to the marketing database - your information that you must PAY to receive. Pre-approved credit card offers are also considered the leading cause of identity theft, so your removal from this service is more important that just saving you a few minutes of time going through your mail. It may save your credit.

Subscribers to TrustedID's ID Freeze are also provided access to id theft and to a restoration specialist 24-7. Members may access their specialist via email or telephone, have answers regarding their credit or restoration concerns answered, and obtain sample letters, emails and other resources necessary to correct credit errors.

The three more unique aspects of this product are: "Lender Double-check," a one million dollar ID theft insurance sample cancellation letter benefit and "CreditLock. With Lender DoubleCheck, credit lenders must obtain your approval by telephone before taking any action that can affect your credit. The companies of Equifax, TransUnion, and Experian are provided with a "note" to your account with instructions. The $1,000,000 identity theft insurance benefit through AIG and Lloyd's of London; is offered because of Trusted ID's confidence that you won't need it once you use their service. The feature, "CreditLock," is a service by which consumers prohibit the release of their credit information to third parties without their express permission. However, in the event the consumer is applying for new credit, they are required to release their credit information-basically turning the "lock" on and off.

This service also automatically provides you with your yearly credit report from all three credit reporting agencies; however, this benefit hardly deserves mention. All consumers have access to one credit report annually, however the benefit of this service is that the consumer is not required to make the request for the report. It is simply provided.

With the utilization of "credit freezing" your credit information is protected before anything happens. With other services you receive information after the fact and, in some cases, too late. Scott Mitic, founder of Trusted ID, stated to consumeraffairs.com that; "The credit bureaus are in the business of selling your data," he said, {and} "Consumer information is the new gold standard, and we want to put the power back in the consumer's hands." This product gives consumers the ability to be proactive instead of responding retroactively,

Trusted ID features and benefits such as StolenID Search have been featured in such publications as Time, The New York Times, The Wall Street Journal, and Newsweek; online at CNNMoney.com and CNBC and are recognized by the Identity Theft Resource Center.

Other products also available include assistance to corporations and small businesses with data security breaches. This company also lobbies Congress for stricter rules regarding who can access in individual's personal and credit information. Their first feature is offered free, and is a "StolenID Search," an online tool where consumers may search by social security number or credit card number to see if their information has been compromised. The website and service also provides an identity theft resource center with facts and information; videos of victims of ID theft and frequently asked questions.

As of Jan. 2008, the price for this service is 104.95 for a yearly subscription, providing the subscriber with a $50.00 a year savings over many other service providers. Subscribers may also purchase the services of Trusted ID on a short term basis for $12.95 a month, with the subscription ending upon non payment or cancellation.

Take a minute, or five and visit Trusted ID online to determine if this is the right credit monitoring service for you. If it is, you are there and ready to sign up; if not you will have the information you need to determine what kind of service you do want and be able to knowledgeably compare plans and benefits.

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Drafting Enforceable Letters Of Credit

2008-11-29T07:39:00.000-08:00

Letters of Credit are incredibly useful and sometimes necessary tools in the course of international trade. They essentially serve to notify a seller of goods that a buyer has a line of credit with a credible financial institution. This allows the seller to feel more assured that in the event the buyer is unable to cover the costs of the goods, the seller will still get paid by the bank.

Enforceable insurance sample cancellation letters of Credit authorize a company to "draw" on the bank up to an aggregate amount upon demand according to certain terms and condition. The Letter of Credit must specify the total amount that may be drawn by the company from time to time, usually upon written demand. The bank promises to honor the demand, again up to a certain amount.

The letter of credit should also include the term of the line of credit, whether it is indefinite or whether it will only continue up to a certain expiration date. A provision discussing automatic extension of the agreement may also be included. Usually the bank will have the option to notify the company in writing that they are electing not to extend or renew the line of credit. In this case, the company will be responsible for paying the amount outstanding on or before the expiration date of the agreement.

There is typically a fee for opening a line of credit with a bank. The applicant pays the LC fee to the bank, and may in turn charge this on to the beneficiary. From the bank's point of view, the LC they have issued can be called upon at any time (subject to the relevant terms and conditions), and bank then looks to reclaim this from the applicant.

It is critical to define the parties to a Letter of Credit agreement - most importantly the beneficary and the issuing bank. The beneficiary is the party entitled to payment as long as he can provide the documentary evidence required by the insurance sample cancellation letter of credit. The letter of credit is a distinct and separate transaction from the contract on which it is based. All parties deal in documents and not in goods. The issuing bank is not liable for performance of the underlying contract between the customer and beneficiary. The issuing bank's obligation to the buyer, is to examine all documents to insure that they meet all the terms and conditions of the credit. Upon requesting demand for payment the beneficiary warrants that all conditions of the agreement have been complied with.

The issuing bank's liability to pay and to be reimbursed from its customer becomes absolute upon the completion of the terms and conditions of the letter of credit. Under the provisions of the Uniform Customs and Practice for Documentary Credits, the bank is given a reasonable amount of time after receipt of the documents to honor the draft. The issuing banks' role is to provide a guarantee to the seller that if compliant documents are presented, the bank will pay the seller the amount due and to examine the documents, and only pay if these documents comply with the terms and conditions set out in the letter of credit.

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Free Drug Samples Benefit Uninsured And Medicare Patients

2008-11-28T10:26:00.000-08:00

The issue of prescription drug samples is one that is hotly debated. Some questions whether giving out samples to lower income patients is helping them by providing them with the medication they need or if it’s hurting them by giving them a sample of a prescription they can not afford in the long term. Here are some resources on the subject to help you decide what you think.

Dr. Wayne S. Strouse wrote a letter to the editor in response to a study that appeared in the Journal of the American Board of Family Medicine claiming that free drug insurance samples cancellation letter are actually hurting uninsured patients. Strouse disagrees and points out that many of his Medicare and uninsured patients can barely afford to pay co-pays, let alone pay for a prescription. He also criticizes the study for comparing “patients [who are insured or on Medicare] to patients who have insurance (or with money)” saying that it “is comparing apples with oranges.”

The Rochester Democrat and Chronicle published an article by guest essayist Benjamin Cohen on the topic of free drug samples. Cohen, who is obviously in favor of the samples, lists the benefits of drug samples as relief for needy patients and education for doctors. He claims that pharmaceutical drug representatives are invaluable to physicians because they provide information about new drugs and advancements that many doctors do not have time to research. He also points out the benefit to lower income and elderly patients who cannot afford prescription drugs on a regular basis. By providing them with drug samples, doctors can ensure their patients are getting the help they need.

David E. Williams wrote an entry in his Health Business Blog on a new study that was published in the American Journal of Public Health, The study claims prescription drug samples are more often given to wealthy and insured Americans than low-income, uninsured patients. Williams responds with little surprise, stating that drug samples are more of a marketing tool by pharmaceutical companies and are not intended to solely help low-income patients. In fact, he writes, many free clinics don’t even accept drug samples because they know that their patients cannot afford the high-cost drugs long term. Since drug samples are used as a marketing tool, it would make sense that they are made available to insured patients who could then purchase them after trying them out, says Williams.

The Delaware County Office of Service for the Aging (COSA) posted a fact sheet on a Medicare Prescription Drug Program, Part D, which took affect January 1, 2006. This federally subsidized drug program for seniors, available through private insurance companies, helps seniors with the cost of their prescription drugs by giving them coverage for a monthly premium of between $11 and $35 a month. This fact sheet describes the benefits and gives instructions on how to enroll in the program. The informational Web page also gives other suggestions on how to save money on drug costs including asking for drug samples from their doctor, buying medications in bulk and using generics when possible.

Ken Johnson, a Senior Vice President in the pharmaceutical division at Research and Manufacturers of America wrote a letter to the editor of the New York Times in response to an article that questions the value of the distribution of free drug samples to doctors for their patients. Johnson argues that many uninsured and low-income patients depend on free drug insurance samples cancellation letter and by discontinuing them it would take away a valuable safety net for these patients.

A North Carolina resident wrote an opinion article for the News & Record on a current tax law in the state that taxes physicians for free drug samples. The article asserts that current tax laws consider free drugs samples part of the physicians “office supplies,” therefore making it taxable. The author points out that many doctors and patients depend on the free samples for affordable treatment and if doctors cannot pay the taxes on the medication they would not be able to accept them.

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