How to Buy Life Insurance

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How to Buy Life Insurance
The thought of the inevitable occurrence of death usually frightens people so much that they create the wrong idea that if they buy life insurance – it’s synonymous with purchasing a coffin, which appears to be the common misconception that forestalls about forty percent of Americans from having any coverage.
It would be best if you did not allow the fear of the inevitable and unexpected situation to blindfold you from seeing the benefits that come when you buy life insurance policy. 
A life insurance policy is primarily a financial plan that is most times used to protect your family, especially if the income provider of the home passes unexpectedly.

What is Life Insurance?

With this preliminary discussion on life insurance, one can define life insurance in two words: income replacement. Life insurance policy involves two bodies, the policyholder and the insurance provider. The premiums paid by the policyholder will be exchanged for income or benefits (that is, income replacement) that will be disbursed to the beneficiary of your choice if you pass away.
Life insurance is, therefore, a financial planning tool that is not limited to the provision of income replacement but also provides financial assistance to a family that lost their income provider. If you have decided to buy life insurance to either provide financial aid to the loved ones you will be leaving behind or pay a mortgage and other loans, you will have to acquire knowledge of the types of insurance policies. There are, however, two basic categories of life insurance policy, and they include term life insurance and permanent life insurance.

Term Life Insurance

Term life insurance is a type of life insurance that offers coverage for a particular period, ranging from five to thirty years. However, the most typical coverage length is usually twenty years. If the insured passes during this set aside period of coverage with an active policy, the insurance provider will pay death benefits to the beneficiary of your choosing (usually their family and loved ones). The paid benefits will, however, help in the replacement of lost income and the payments of living expenses, such as rent, mortgage, or other debt you leave behind, funerals, and unpaid medical bills.
If the insured is still alive after the specific coverage period, the policy becomes inactive and may be activated by a higher premium charge, or the policy will be terminated.

Permanent Life Insurance

Permanent life insurance is a type that, if you decide to buy life insurance, lasts forever, unlike term life insurance that lasts for a specific period you chose when you purchased the policy. Permanent life insurance policies primarily offer the insured death benefits and cash value according to their premium. 
The sum of money that is paid to the beneficiary of your choosing is called death benefits. On the other hand, a part of your premium payment usually goes to savings or investments as cash value; you, however, have accessibility to this cash value while you are still alive. Several types of permanent life insurance vary in flexibility and benefits, among which the whole life insurance policy is the commonest.
Universal life insurance is another type of permanent life insurance, prominent for their flexibility they offer over the whole life insurance policy. They provide the insured the chance to increase their death benefits and mitigate their monthly and annual premium charges once they have accumulated enough cash value in their policy. On the contrary, the whole life insurance policy’s premiums and death benefits will remain constant during the policy’s duration.
Final expenses insurance is also a type of whole life insurance policy specifically designed for seniors above fifty years of age. They offer limited coverage for funeral expenses and medical bills.

Who Needs a Life Insurance Policy in a Household

The primary categories of a life insurance policy include the term life insurance policy and permanent life insurance policy; they offer coverage with the policy’s death benefits to a specific beneficiary or cash value the insured can access, especially when they are down with a critical illness that demands long-term medical care. It’s presumed by many that an income provider in a household is the one one that should buy life insurance. Still, it is false because a household can buy as many life insurance policies as they will require to meet both their short-term and long-term needs.
It is, however, important to purchase your life insurance policy earlier rather than waiting on the closeness of your retirement before buying a policy because there is about an eight percent increase and a ten percent increase in the cost of purchasing coverage at your early fifties and late fifties, respectively.
Apart from the increase in the cost of your attempt to purchase a coverage late, there will also be less coverage to purchase as you approach retirement due to the limitation in your insurable interest. Therefore you will be left with a much lesser amount of coverage to purchase after retirement.
If you have decided to purchase a life insurance policy, you will have to consider how much of it you will need, and this is done by subtracting your assets from your long term obligation.

Illustration

If you want to provide your family with about eighty percent of $60,000 income for a specific duration of twenty years—that is, $48,000. Let’s also assume you have an outstanding debt of $100,000 and you want to provide $70,000 for your children’s education, and you expect $10,000 for your funeral expenses. The calculation goes thus:
$48,000 X 20 = $960,000
$100,000 + $70,000 + $10,000
= $180,000
You will need ($960,000 +$180,000) $1,148,000 for your life insurance
coverage
Since you have $200,000 from the
the sum of savings & non-retirement
policy investment and life insurance
policy via your employer
You will then subtract $200,000 from
$1,148,000 to arrive at $948,000
in coverage for your family.
You will need this calculation process to determine the accurate coverage of your life insurance policy in the short-term and long-term protection of your family’s need when you pass.
Take everything into account when deciding to buy life insurance.

Life Insurance Policies: The Amazing Ones With No Medical Exam

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Life Insurance Policies: The Amazing Ones With No Medical Exam
There are a few sets of people that wrongly think they will need a medical examination before they are given a chance to purchase life insurance policies. The severity of their medical condition will cost them a high premium charge.
People with this thought tend to shy away from a life insurance policy, especially those with chronic medical conditions.
You will not be obligated to go through medical examinations by any life insurance provider before you are able to purchase life insurance policies. 
The only situation your life insurance provider will need to know about your health condition will be via face-to-face discussion with your provider and the filling of your data on the policy form or template they will provide the policyholder. 
You will have to be honest about your health condition to them; however, they may terminate the policy you are about to purchase if you refuse to provide information about your health condition.

How Life Insurance Policy Offers Coverage and the Essential Terms You Should Know

The coverage from life insurance policies primarily results from a contract or an agreement between two parties; the insurance provider and the insured, also known as the policyholder. The insurance provider will promise the financial protection of a specific beneficiary chosen by the policyholder after they pass away; this benefit Is called death benefits.
The only way this coverage can be effective is dependent on the policy holder’s premium. A premium is the amount of money the policyholder will be required to pay monthly and yearly on a regular basis. Hence, if the policyholder refuses to pay their premium, the beneficiaries of their choosing will not be qualified to receive the death benefit after the policyholder passes. Furthermore, the beneficiary is not necessarily an individual but may include more than one person. The policyholder may choose an organization to be their beneficiary.
Common types of life insurance policies you can purchase without a medical examination
The most common types of life insurance policies you can get without a medical examination are term life insurance and whole life insurance.

Term Life Insurance

Term life insurance is an affordable type of life insurance policy that may only be active for a specific period known as the “term” of the policy. The specific period a term insurance policy may last before its expiration usually ranges from ten years to thirty years; the coverage length, which is the particular term of your policy, will be determined by the insured and not the life insurance providers.
In this type of life insurance policy, the insured will have to pass before the end of the coverage length they purchased. However, if the insured doe not pass before the coverage length of their term life insurance policy ends or expires, they will be required to find ways to continue the coverage. Because the policyholder refuses to continue the coverage, the beneficiaries of their life insurance policies will be denied death benefits.
There are specifically two different options the policyholder will be provided if they decide to continue their coverage after their term life insurance policy ends when they are alive. The most common of them involve the purchase of a new term life insurance policy. The second method involves the conversion of an expired term life insurance policy to whole life insurance. It is, however, not a universal method because all life insurance providers do not offer it; hence, you will need to speak to your insurance provider to inform you about any possible option.

Whole Life Insurance

If you prefer the benefits that come from a policy that lasts forever than a specific period seen in term life insurance policy, a whole life insurance policy will be best for you. At the same time, a life insurance policy stays active throughout the policyholder’s life, as long as they pay their premiums charges on a regular basis.
The premium a policyholder pays is usually split in two to provide them with death benefits and life benefits (when the policyholder is alive). The first part of the premium is directed to the specific beneficiary—which is usually the family or loved ones of the insured—to provide financial assistance to their family, unpaid medical bills & mortgages, and funeral expenses, in the form of a death benefit.
The second part of the premium will be directed to savings or investments in the form of cash value. The policyholder can access whenever they have financial issues that demand immediate attention, such as paying for your life insurance policy.

The Best Non-Medical Exam Life Insurance Companies or Providers

The competitive market provides several life insurance companies that primarily differ in their monthly and yearly premiums, coverage cost, and age requirements. Among the plethora of life insurance companies or providers, the best options include:
  • Sproutt
  • Bestow
  • Quotacy
  • Ladder
  • Fabric
Sproutt: Sproutt is known for the provision of connection between the soon-to-be policyholder and insurance provider that will suit your requirements and budget. This primary function of Sproutt makes them one of the prominent independent insurance brokers. The age requirements, coverage amount, and starting rate a Sproutt involves are twenty-five to fifty-five years of age, $50,000 to $4,000,000, and $9 per month.
Bestow: Bestow is one of the best life insurance providers or agency that offers coverage without a medical examination. The age requirement for Bestow range from twenty-one to fifty-five years of age, a monthly starting rate of $8. The coverage amount they offer ranges from $50,000 to $1,000,000.
Furthermore, the coverage Bestow life insurance provider offers specifically a term life insurance policy, which may be a short term or long-term policy depending on your need.
Quotacy: Quotacy is one of the best options of life insurance companies that offer coverage for only one type of life insurance policy—that is, term life insurance policy. However, the age requirement for their policy ranges from eighteen to eighty years of age, with a coverage amount that ranges from $50,000 to $25,000,000.
Ladder: This is one of the best life insurance providers prominent for their flexibility. Deteriorating health conditions and age can not influence the premium charge they offer. The age requirements for this insurance company ranges from twenty to sixty years of age, with a coverage amount that ranges from $100,000 to $8,000,000. Furthermore, if you feel this type of insurance provider does not suit your requirement, you can cancel your policy and receive a refund within your first thirty days.
Fabric: Fabric is also another option of life insurance providers that specifically offers term life insurance policy with a coverage amount that ranges from $100,000 to $5,000,000 to several individuals that are twenty-one to sixty years of age.
These are among the best of all other life insurance providers or companies you will be able to purchase their policy without requiring medical examinations. You can, however, apply and check the quotes of their policy online.

Life Insurance Costs and Payouts At Different Ages You Should Know

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Life Insurance Costs and Payouts At Different Ages You Should Know
There are several types of insurance policies, among which life insurance is one of the most essential and important insurance policies you need because, without life, all other types of insurance will not exist. A life insurance policy is necessary. We will talk about life insurance costs and payouts in this article.
The benefits of purchasing a life insurance policy include the provision of coverage that will ensure the payments of all your ultimate expenses, such as funeral expenses, unpaid debt, mortgage and medical bills. 
They also provide the beneficiaries—such as the loved ones you will be leaving behind—of your choosing a short-term or long-term financial assistance they need when you pass away. In addition to this, life insurance does not only cover your beneficiaries but also you while alive and experiencing financial difficulties.

What is a Life Insurance Policy

Life insurance is primarily the replacement of income that results from the contract between the policyholder and life insurance provider. In this contract, the insurance provider will guarantee to offer the specific beneficiaries chosen by the policyholder a huge sum of money upon the death of the policyholder; this is called death benefits.
There are several types of life insurance policies that vary in their flexibility and benefits, all of which can fall into two categories; term life insurance policy and whole life insurance policy. One can find the primary difference between these two types of life insurance policies regarding their coverage length—that is, the duration of coverage they offer. 
Term life insurance policy will provide you with coverage that will last for a specific period of time before they expire. On the contrary, whole life insurance will offer you coverage that will last for a lifetime without expiration.

Term Life Insurance

Term life insurance primarily provides coverage for a specific period of time that is never beyond thirty years, but the most common duration is twenty years. The term life insurance costs consist of the cost of premium which is expected to be paid by policyholders monthly and yearly on a regular basis is always constant throughout the term without increasing or decrease due to certain factors.
If the policyholder does not pass away during this specific period of time or the term of the policy, they will be required to continue the policy’s coverage by either purchase a new one or convert them to a whole life insurance policy. However, the continuation of their policy coverage usually comes with a higher premium charge, thus causing your life insurance costs to be higher.
Term life insurance policy is popular for its affordable nature and may be used for the replacement of lost income during your employment years. They provide the specific beneficiaries of their policyholders’ financial assistance for the maintenance of a family business or to protect the family from financial difficulties, especially if the policyholder is the income provider of the household.

Whole Life Insurance

A whole life insurance policy is the commonest type of permanent life insurance that lasts for a lifetime without expiration. Due to the lack of expiration date in a whole life insurance policy, the premium charge is always higher than for term life insurance. Therefore, your life insurance costs will be higher. They provide the policyholder more than just death benefits that will be given to their beneficiaries; they also offer them life benefits.
The premium is split into two portions, one of which is directed to the beneficiaries only when the policyholder passes away. The other portion will be directed to savings or investments—where cash will accumulate over time – in the form of cash value. The cash value is accessible to the insured when they are experiencing financial problems or critical medical conditions that demand long-term medical care.
Another type of permanent life insurance is universal life insurance that provides the insured with sufficient coverage throughout their lifetime. Universal life insurance policy is prominent for the benefits of flexibility they provide the insured over whole life insurance policy. They offer policyholders the chance to either increase or decrease their monthly premium charge.
Universal life Insurance policies come with essential benefits over some life insurance policies because they offer long-term coverage for income replacement, which will last longer than the policyholder’s employment years—They can also be used in estate planning— Irrespective of these benefits, only a few set of people purchase their policy because their life insurance costs are more expensive when compared with term and whole life insurance policies.

How Gender Influences the Cost of Life Insurance Policy

The gender of a policyholder plays a significant role in the alteration of the life insurance costs. Studies and research show that the mortality rate of men is higher than women, which means women live longer than men. The surprising increase in the mortality rate of men is primarily due to their high degree of susceptibility to several life-threatening diseases, such as cancer, strokes, heart disease, and diabetes.
Therefore, most Insurance providers or companies usually make use of the difference in the mortality rate of men and women to determine their policy’s rate. Life insurance providers usually charge men with expensive premiums so as to accumulate enough payments to offer them full coverage because women live longer than them. Although, aside from gender, there are several other factors that life insurance companies usually use in determining the life insurance costs; they include health history, profession, age, and lifestyle.

Illustration of How Age and Gender Influence Premium Rate

The age and gender of a soon-to-be policyholder may influence their premium rate and life insurance costs overall. The influence on the premium rate will be illustrated below.
Forty to forty-nine
Men that purchase term life insurance plan of $250,000 for twenty and thirty years will pay a premium of $210 and $384 per year, respectively. On the contrary, women will pay $185 and $314 for the same condition.
Fifty to fifty-nine
Men that purchase term life insurance plan of $1,000,000 for twenty and thirty years will pay a premium of $1,692 and $3,301 per year, respectively. On the contrary, women will pay $1,233 and $2,349 per year, respectively.
Sixty to sixty-nine
Men that purchase a term life insurance plan of $500,000 for thirty years will pay a premium of $2,793 per year. On the contrary, women will pay $1,911 per year.
From this illustration, one can spot the difference in the premium rate (influencing the life insurance costs) of men from women. In which men are required to pay more for their term life insurance policy. Furthermore, the higher rate of men’s premium over women is not limited to term life insurance plans alone but also occurs in whole life insurance plans.

Best Life Insurance for Married Couples

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Best Life Insurance for Married Couples
Best Life Insurance – The occurrence of the inevitable ultimate stage of one’s life cycle-death, is the last thing you will want to be worried about, especially if you just got married. 
Although, as pessimistic as the thought of it sounds, it is usually advisable to have life insurance to ensure the financial security of your family should the unforeseen occur.
Buy life insurance earlier before it becomes costly. In cases where the married couples are the income providers of the household, getting a life insurance policy will be requisite, especially if the income they both bring to the table is far from equilibrium. 
Because if the couple that provides about seventy percent of the household income passes away due to ad hoc circumstances, the other couple will be susceptible to various financial catastrophes—especially if they have children. That is why it is always advisable to give the thought of purchasing life insurance a chance.
The premature demise of one of the couples may expose the surviving couple to financial difficulties that will make the surviving couple incapable of supporting the family and catering to the children’s needs. This is further worsened by the existence of other expenses, such as house payments, car payments and unpaid debts.

Best Life Insurance for Married Couples

It is already worse and depressing enough to mourn the loss of a loved one; I bet you do not want to imagine how deteriorated this may transform to if financial difficulties sneak in. That is why it is most times essential to consider the worst for the good of your loved ones and family by purchasing coverage for life insurance as early as possible.
How much life insurance coverage do married couples need
When you have considered the worse for the betterment of your loved ones and family by placing yourself in the shoe of a pessimist, you will have to determine how much life insurance coverage you will need to offer sufficient financial protection to your loved ones when you pass.
You will be required to pay premium charges monthly and annually on a regular basis, which is the primary factor that will guarantee your beneficiaries of obtaining a lump sum of money called death benefits. The lump-sum your beneficiaries (a specific individual or group of people) will receive may depend on the coverage you purchase, which ranges from two hundred thousand dollars to four million dollars and above.
Therefore, you will need to consider several factors before deciding on the amount of life insurance coverage you will need. These factors include:
  • The primary objective of your life insurance policy
  • Do you have children?
  • Do you and your spouse have any unpaid debts
  • Would you be able to survive with your spouse’s income 
  • Financially should they pass away?
The primary objective of your life insurance policy
One of the most significant factors you will need to consider to determine how much life insurance you will need is your personal objective of your life insurance policy. If your focus is directed towards your children’s needs, such as education costs, should you and your spouse pass away, a joint life insurance policy will be appropriate. There are, however, several types of insurance policies if your goal is to protect your spouse financially.

Do you have children?

If you have children, it is only natural that you will be concerned about their needs, which is the primary function of being a parent. One of the achievements parents are known to flaunt frequently is their children’s education, especially if they are in college. Hence, parents do work hard to put their children through college, but if they happen to pass away before the children are ready for college, the surviving spouse will experience difficulties in financing their education. To avoid this, you will need a large life insurance coverage to financially support your children through college if you are not around to support them directly should you pass away.

Do You and Your Spouse Have Any Unpaid Debts?

The common source of debt is usually a mortgage or auto loans and several other debts you or your spouse incurred before you got married. These debts could seriously tamper with one’s financial health. You will need to purchase life insurance coverage that will completely pay for these unpaid debts and relieve your spouse from any form of debt should you pass away.
Would you be able to financially survive with to survive with your spouse’s income financially is always advisable to know about incomes you both provide in your household because if you can not survive alone on your spouse’s income, you will need to purchase life insurance coverage that will offer the surviving spouse financial protection that will be sufficient for them.

Type of married couples life insurance

When you and your spouse have arrived at the most preferred coverage that will provide the beneficiaries with enough financial protection after considering the factors listed above, you will need to decide as a couple between the two types of insurance apt for your requirement; joint or separate life insurance.
Joint Life Insurance
Joint life insurance is permanent life insurance that covers multiple people as long as they equally pay their premium charge regularly. There are some kinds of joint insurance that come with cash value. You will be able to have access during financial difficulties if the cash value has accumulated enough payments from your premium. However, you may require policy riders to enhance these features, enabling you to tap from the death benefits should you be diagnosed with a terminal illness.
There are two types of joint insurance you can choose from
First to die joint insurance
This type of joint insurance policy provides death benefits to the surviving spouse after the death of their spouse. However, after receiving the death benefits, the surviving spouse does not have any death benefits. Viz. They will no longer be covered by the insurance policy unless they purchase a new life insurance coverage.
Second to die joint insurance
In this type of joint insurance, none of the married couples covered by this policy will receive a death benefit, which makes it different from the first to die joint insurance policy. The death benefits are, however, provided to the beneficiaries of their choosing after they both pass away.
Separate Life Insurance
Separate life insurance primarily involves the purchase of a life insurance policy by you and your spouse singly. Married couples usually purchase different life insurance policies primarily because they are not clairvoyant enough to tell who will give up the ghost prior to the other.

The Best Type of Life Insurance Coverage for Your Need

You will need to have a discussion with your spouse about your financial needs and objectives of your life insurance policy in order to have an idea of the best type of life insurance coverage you will need to protect your beneficiaries financially.

Best Renters Insurance

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Best Renters Insurance
Best Renters Insurance – Most people are familiar with homeowner’s insurance, which is as the name implies, insurance to protect the owner of a home. However, there is also special insurance to protect you if you are a renter and not the owner, commonly called “Renters Insurance”. Unfortunately, around half of all renters don’t obtain this insurance.
Homeowner insurance does not protect you or your belongings if you’re a renter. That is what renter insurance does. 
For example, if there is a significant fire in your home, the homeowner (landlord) insurance would cover damages to the building – but not for any of your belongings in or around the home. Same is true for damages due to flood, earthquake, theft and vandalism. To cover loss or damages to your personal property and belongings, you need to obtain renter insurance.
Thankfully you can get renter insurance starting at just under $20 per month. Your specific cost will depend on your location, the value of your belongings, the types of items you want protected and any optional supplemental coverage you may choose. One of the most important supplemental coverages to get is called “replacement value”. 
This type of coverage will pay you to replace your lost property with a new one, not just the cash value, which is the depreciated value. For example, if your sofa is destroyed, typical cash value coverage will only pay you what its worth as if you sold it. With replacement coverage, the insurance company will buy you a brand new comparable sofa – thus why it’s called replacement value.

Best Renters Insurance for 2022

Listed below are the best renter insurance companies :

American Family Insurance

This company offers coverage for under $20 per month, plus they have a lot of nice extra features. One of them is that they will reduce your deductible over time without increasing your premium payments. Plus their standard coverage includes your personal property, medical bills, liability, replacement costs for stolen items, and hotel expenses if you’re unable to stay in your rental home because of a covered event. Optional coverages include identity theft protection, coverage for a home office. They have multi-policy discounts, such as combining with auto coverage, to lower your cost even more.

Erie Insurance

This is a smaller regional insurance company that has been ranked as offering the very best customer service. The bigger states they serve include Illinois, New York, Ohio and Pennsylvania. Their renter insurance policies start at $15 per month. They provide personal property and liability coverage for renters in covered states, as well as living expenses coverage if you need to stay in a hotel after damage to your home. Erie also offers multi-policy discounts.

Farmers Insurance

Not only for farmers, despite its name. This company is highly ranked for claims satisfaction and customer service. Coverage includes personal liability, personal property, replacement costs for personal property, medical payments, identity theft, and additional living expenses. They offer many types of discounts, including multi-policy and having a home security system and being a non-smoker. Customer service and claim service is available 24/7.

Liberty Mutual

This company can provide renters coverage starting at only $5 per month. They stand out in their claims process, by making it simple to file a claim online with a step-by-step process in its portal that asks for incident details and photos. Standard policies include liability coverage, personal property, medical payments, and additional living expenses. Extra coverage is available for personal property replacement costs, jewelry, or damage caused by earthquakes. The company operates in all 50 states so you can get covered no matter where you rent.

MetLife

This very large, national insurance company offers renter insurance in all 50 states. They are known for excellent customer service and have the ability to insure very valuable items. Basic policies include coverage to repair or replace property, liability and identity theft protection. Additional coverage is available to insure specialty items, such as electronics, musical instruments, luxury items, and sports equipment. They provide 24/7 customer service.

Nationwide

Nationwide has coverage starting at $20 per month. Basic policy covers personal property, loss of use, personal liability, medical payments to others, damages due to building additions and alterations, and unauthorized credit card charges. A special feature is their excellent add-on package for covering high-value items such as collectibles. Optional coverage available includes earthquakes, water damage, and theft protection for personal belongings that are stored in a vehicle. Multi-policy discounts are available, plus discounts for having burglar and smoke alarms.

State Farm

This is another large and nationwide insurance company offering renter’s coverage. They are also very popular in offering auto insurance and offer discounts for having multiple policies with them. They have coverage starting at under $10 per month. They have a very large network of agent’s offices to get personal service – but you can get a quick and easy quote online with them. They also offer discounts for having a security system and being a nonsmoker. Optional coverages include pet medical insurance and for identity theft.

Best Marketing Cloud Software – Unlimited Users Free

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Marketing Cloud Software – We are all aware of the crucial role that marketing plays in a company’s success. Yes, a good product generates a lot of word-of-mouth and media attention, but in order for people to learn about your products or service, you must be savvy with marketing.

There is a lot of noise out there, though, as a result of social media’s explosive development and the falling costs of smartphones and internet connections. You need the correct tools to handle all the labor-intensive tasks while you concentrate on the creative if you want to break through.

Tools for Marketing Automation Perform the Hard Work!

According to Marketing Automation Insider, Unica was the first company to introduce marketing automation solutions to the market in 1992.

They claim that the $6.1 billion marketing automation business has been acquired by Salesforce, IBM, Adobe, Microsoft, and other companies to the tune of 75%. It would be an understatement to say that firms are placing significant bets on marketing automation systems.

Simple: marketing automation solutions save marketers a ton of time by handling monotonous duties, giving them more free time to focus on activities that are important to their company.

The Top Marketing Automation Tools We Recommend

 In order to help you with all those tedious, repetitive chores and to relieve some of the stress associated with marketing, we have put together a list of some of the top marketing automation tools available.

  • Cloud Marketing by Salesforce
  • Adroll
  • Engagebay
  • iContact
  • elink.io
  • Marketo
  • Regular Contact
  • OneSpot
  • HubSpot
  • Eloqua Oracle
  • Customer.io
  • Buffer
  • Pardot
  • Extole

Let’s examine each in depth so you may select the one that best suits your needs;

Salesforce Marketing Cloud

A powerful, cloud-based marketing automation solution is provided by Salesforce Marketing Cloud. It serves as a platform for all of your marketing initiatives.

Using this marketing automation platform, you can manage all of your ad campaigns, construct and manage any type of email campaign, interact with customers via SMS and push notifications, integrate your social media channels, and produce interactive content that effectively engages them.

Numerous elements of Salesforce Marketing Cloud are easily scaled to fit the needs of businesses of all sizes.

Adroll 

Retargeting is the area of expertise for the marketing automation platform called Adroll. It was established in 2007 and is now utilized by more than 35,000 advertisers globally. You may use it to place and keep an eye on ads across the web and mobile platforms, including well-known social media sites like Facebook and Twitter.

Anyone may easily get precise information on their ads thanks to its straightforward dashboard, which also makes retargeting simple.

elink.io

The quickest and most expert approach to distribute collected knowledge on any subject in a visually appealing manner is through elink. Consider it a professional version of Pinterest! We can help you generate curated newsletters, content sections for your website, or links in your social network bios.

Gather links related to any subject, customize the material (such as the images, title, and description), and then post. Coding is not required!

Engagebay

An all-inclusive marketing automation product called Engage Bay has separate sections for marketing, sales, and customer service. The customer is free to take any or every one of them depending on their needs. A selection of automation tools, including a social media calendar, a design tool for rapid landing sites, images, and newsletters, are available in the marketing bay. Additionally, it makes automation of multichannel marketing activities possible.

The program comes with customer success tracking capabilities in the sales bay that allow you to monitor client engagement and churn. All under one virtual roof, you may arrange meetings with your client and give your staff duties!

In order to comprehend your marketing journey and implement new ideas, the sales bay also offers automated data entry, email tracking, and the preparation of smart analysis and statistics.

In the third area, the service bay, the software guarantees a perfect level of customer assistance thanks to its incredible tracking and engagement features. Engage Bay always keeps you and the customer linked with live chat, an easy-to-use interface, response templates, and support groups! In conclusion, Engagebay offers a rather complete solution for all of your automation requirements.

iContact

iContact claims to be the all-inclusive email marketing platform. Anyone can easily develop fantastic email campaigns using iContact and evaluate them for improvement.

The importance of social media marketing is recognized by iContact, which enables you to develop sign-up forms and monitor client involvement. Even more enticing to try out is the 30-day free trial, however there are only 100 contacts and 400 messages allowed.

Even so, it undoubtedly merits a place on the list of the top marketing automation tools with clients like NASA.

Marketo

With over 100,000 active users from all over the world and about 2,300 customers, Marketo has established itself as one of the top marketing automation solutions. Marketo’s high level of flexibility and sophistication, in addition to its simplicity and use, help salespeople and marketers achieve their goals.

One of the most complete platforms, it can grow up and down with your business with ease. including features like customer engagement analytics, A/B testing, keyword research, lead management, etc. Marketo demonstrates why it’s a terrific tool to have in your marketing toolbox!

Persevering Contact

One of the top email marketing services, Constant Contact has almost all the features a small business owner might desire. Due to its event management and registration features, it is very helpful for businesses that conduct events.

Among the cool features are:

  • A multitude of sources, including Excel, Gmail, and even social networking accounts, can be used to manage your contacts.
  • Tracking capabilities for emails
  • Conduct polls and surveys
  • Event planning

Additionally, it provides a 60-day trial period, which is advantageous for small business owners who want to thoroughly test the service before investing money.

OneSpot

OneSpot is a platform for content marketing that makes use of machine learning to help you promote your brand and content for maximum interaction and remain top-of-mind with your audience.

Based on their surfing habits and interests, OneSpot’s machine learning engine automatically distributes your content to your consumers. OneSpot tracks a user’s online activity and shares pertinent content on their social media, email, online advertising, and other networks. Big companies like IBM, L’Oreal, and Nestle, to mention a few, trust it.

Hubspot

You’ll adore HubSpot if you or your team uses inbound marketing to generate leads. HubSpot is a sales and CRM application that supports an inbound marketing platform.

With over 34,000 clients globally, it is a well-known and frequently utilized marketing automation solution. It offers salespeople and marketers all the bells and whistles they require to entice customers, engage with them, and provide customer care, as well as to produce interesting content, select the proper audience, and track the effectiveness of your campaigns.

Oracle Eloqua

Eloqua, a demand generation, email marketing, and lead management technology from Oracle, was introduced back in 1999. It readily automates a sizable portion of your marketing initiatives.

Marketers can engage the right audience at the right time in the buyer’s journey with the aid of Eloqua’s best-in-class lead and campaign management capabilities, which also offer real-time reporting and insights. Additionally, it offers customized marketing through several channels, such as email, search, video, and mobile.

Customer.io

Customer.io is a fantastic email marketing automation solution that enables companies to send customized emails, push notifications, and SMS to customers in order to reduce churn, build closer relationships, and increase subscriptions.

Client.io may be integrated into your website or mobile app to bring all the customer information your company has in one place:

  • Every action they have taken
  • Every page they have viewed
  • History of their purchases or subscriptions
  • You can communicate anything else through our straightforward API.

Based on what you know and what people do, you can then deliver communications that are specifically tailored to them. A/B testing, conversion tracking, customer profiles, and many more tools are included as well.

Buffer

For modern organizations, having a social media presence and posting engaging material regularly is essential. Buffer intends to automate the tedious and repetitive process of regularly or even several times a day entering into different social media networks and distributing information!

Buffer, which has more than 4 million users, is a simple method to plan posts, monitor the effectiveness of your content, and manage all of your accounts in one location. You can schedule material for later with Buffer’s browser plugin, which is a useful addition that interacts with WordPress, Chrome, and RSS readers.

Pardot

48 percent of marketers, according to Forrester Research, struggle to customize consumer interactions. You can do that and more with Pardot’s assistance! Pardot, a Salesforce firm, assists B2B marketers in automating their marketing initiatives and generating sales.

Pardot enables sales to close more deals by enabling marketers to build more pipelines, meaningful connections, and connections, respectively. Pardot engages customers with dynamic, targeted marketing through an intuitive UI. From click to close, every step can be tracked and understood, resulting in the genuine marketing ROI.

Extole

People are four times more likely to purchase when referred by a friend, according to Nielsen. Extole is a marketing solution that makes use of the advantages of referral marketing. Previously known as Tell-A-Pal. It enables businesses to implement and evaluate their referral marketing strategies on the web or through mobile devices.

Referrals can result in savings for both parties and a solution that benefits everyone. Extole is a terrific platform to take advantage of referrals and help your business reach more clients, with companies like Timberland and Athleta using the system.

Conclusion

Excellent marketing can help you stand out from the competition and win you lifelong customers. However, because we have so much on our plates every day, marketing initiatives frequently take a backseat.

Thank goodness, there are marketing automation technologies that help you and your company handle marketing. Remember that every company has a distinct marketing objective. You can pick from any of the aforementioned marketing automation solutions depending on what you want to automate.

The Best Free Affiliate Marketing Software Picks in 2022

Mastri Janoko Marketing, Software 0 Comment

Free Affiliate Marketing Software – If you’re looking for an affiliate tracking system that doesn’t break the bank, Scaleo is your best bet. Because of the time and money put into their development, software must be purchased in order to ensure that it is updated regularly and is well protected.

Any software, whether it is a simple affiliate management tool or a complex affiliate marketing tracking software, must be able to cover its costs in order to provide excellent customer service to its business partners.

Are you looking for an affiliate tracking solution that isn’t too expensive?

A list of affordable alternatives to premium affiliate software has been compiled for you today. Using an inexpensive affiliate system software as a starting point, you can begin an affiliate marketing business.

Almost every brand has a referral program attached to its website to encourage (free) promotion, and new affiliate programs are popping up all the time. With your own affiliate marketing platform, you’ll be able to customize and maintain it to your liking.

Affiliate Marketing and Tracking: A Quick Overview

 Basically, it is a way for an affiliate marketer to earn money by promoting other people’s products or services on a variety of platforms.

Affiliates are paid for bringing in new customers in the broadest sense under performance-based marketing.

It’s interesting that affiliates have to keep track of various marketing strategies to see which one is most effective. The same can be said for an affiliate tracking process, which monitors the number of conversions and clicks that lead to sales on the website. In addition, you can track the performance of your affiliates.

In 2022, why join the affiliate marketing industry?

The affiliate marketing market is now worth £510 million, an increase of 8.4% from the previous year. By 2023, affiliate marketing spending in the United States is expected to reach $8.2 billion, according to Statista. PMA found that bloggers spent 39 percent of their affiliate budget on affiliate advertising to support their content.

The retail sector, on the other hand, spent nearly half of its overall affiliate marketing budget.

As can be seen, affiliate marketing is becoming increasingly popular across numerous industries, including:

  • technology
  • marketing
  • gaming
  • healthcare
  • creation of wealth
  • insurance
  • beauty
  • fashion
  • etc

Business models in affiliate marketing are in jeopardy due to recent innovations. Affiliate marketers will be able to communicate with customers at 150 percent faster download speeds if the 5G network is developed. Online retailers like Amazon and eBay are expected to see a 100 percent increase in global sales between now and 2022. As a result, affiliate marketers will have more opportunities to profit financially.

Describe the Process of Affiliate Marketing

There are four main players in affiliate marketing.

  • There are two types of people who use affiliate marketing: those who are looking to expand their customer base and those who are looking to make money.
  • Secondly, an affiliate network serves as an intermediary between the merchant and the affiliates. Using it, affiliates can participate in affiliate programs and reap the benefits of passive income.
  • Third-party participants in affiliate marketing are affiliates and publishers.
  • The customer is the final and most critical consideration, as they are the ones who initiate the marketing campaign in the first place.

The success of an affiliate marketer determines how much he or she is paid. In terms of payment, the merchant or advertiser can choose from the following options.

How You’ll Be Paid

An affiliate is paid based on the number of times a customer clicks through to the company’s website using the pay-per-click model. When a customer clicks on an ad, the merchant doesn’t care if it leads to a sale.

PPL is a fixed commission charge for each lead or customer that is purchased from the website. Installing an app, filling out an online form, or submitting a survey are some of the other actions that can motivate people.

Merchants and advertisers pay a percentage of the leads they generate through PPS, or Pay Per Sale. Both the affiliate and the business agree on the percentage. Amazon Associates, for example, pays a 15% commission on all products sold through their affiliate program.

When it comes to affiliate marketing, there are a number of steps to follow.

An effective affiliate marketing strategy is the next critical aspect of the topic. Regardless of your level of expertise as an affiliate, the rules of the game are the same for everyone. The stages of affiliate marketing are as follows:

Types of Affiliate Marketing

When it comes to affiliate marketing, people often confuse two terms: affiliate marketing and affiliated partners. These are two brand-new words, to be exact. An affiliate partner is a person with whom you need to work closely.

There are a variety of affiliates, including discount portals, review websites, content and loyalty programs as well as review and online polls.

There are three main types of affiliate marketing:

  • Affiliate Marketing: Affiliate Marketing: An online presence is required for affiliate marketing, and this can be achieved through a blog or a YouTube channel. For example, by creating blogs, podcasts, and videos, you can generate traffic. You need to use affiliates to drive traffic to third-party websites (this also applies to mobile traffic). Affiliate links and banner advertising can help you make money.
  • Pay-per-click affiliate marketing is the most common type of unaffiliated affiliate marketing. You also don’t need to know how to build a website or create any other type of content other than the ad copy. People who use Pay-Per-Click (PPC) advertising can become expert affiliates and drive traffic to your company’s website.
  • Advertising Products and Services: The third type of affiliate marketing is advertising. Affiliates will only promote offers that they believe have a high likelihood of generating leads for their clients. You can promote your content by writing product reviews and explanations.

In order to measure the success of your affiliate marketing campaign, here are some helpful tips.

It’s time to start tracking the success of your marketing campaigns once your affiliate program is generating leads and revenue. KPIs are one of the most critical steps you need to take. Additionally, you must compare your performance to your goals using quantitative metrics. To achieve your goals, what metrics are most important to keep track of? Check it out.

The following are the most important goals:

  • It is the number of times a user clicks on your advertisement that is known as the CTR (Click Through Rate).
  • Here, you need to keep tabs on your affiliate marketing lead generation platforms’ CPLs (Cost Per Lead).
  • Conversion Rate: The frequency at which a lead or click is transformed into a future sale. It is necessary to use conversion tracking software in order to get an accurate picture of your conversion rate. This is a standard feature of all affiliate tracking tools.
  • An affiliate marketing campaign’s return on investment (ROI) is a metric that helps you determine how much money you spent and how much money you earned.
  • The incremental sales and revenue generated by a marketing channel that would not have been generated by any other marketing campaign. Revenue is generated when affiliates complete a transaction.
  • The average revenue generated by a single order can be calculated using the AOV metric.
  • You can calculate the percentage of customers who return products they purchased from your site instead of getting a refund by using the term “reversed sale rate.”
  • A major source of fraud in the affiliate marketing industry is the large number of fraudulent orders that are placed. Those guidelines must also be considered. It’s critical to use fraud-detection software.

Benefits of Free and Open Source Affiliate Program Management Tools

Any small business or startup that lacks the resources to launch an affiliate program has found the availability of free and open-source affiliate marketing and tracking tools to be a godsend Entrepreneurs who are just starting out will be able to take advantage of the core features to keep track of their campaigns, commissions, and affiliate results.

A free trial is offered by many software vendors so that customers can test the software before making a purchase to see if it meets their business requirements. Despite the fact that the free version has fewer options, it is still popular due to the lack of maintenance and additional costs.

To take advantage of community contributions while also exposing yourself to hacker attacks and a lack of robust security, you should use open source affiliate marketing software.

Any backend of a reference tool that counts and keeps track of affiliate sales is considered affiliate sales tracking software. It doesn’t matter if you call it CPA tracking or affiliate sales tracking. We’re still talking about a software feature (whether a simple tracker tool or an AI-powered software) that allows you to keep track of your affiliate sales, either as a network or as an advertiser.

Referral Monitoring Software: The Best Options

Scaleo – Software for Affiliate Marketing and Tracking at the Highest Level

Affiliate tracking software like Scaleo does not come for free, but it is reasonably priced.

Try our top affiliate marketing software for a full 14 days for free and discover all of its advantages. Your credit card information will not be required. Two weeks free trial of our affiliate software!

Whether you want to use Scaleo to manage your entire affiliate network or just send affiliate commissions and campaigns, it is the best affiliate network tracking software on the market. Scaleo is a European-based affiliate software company.

So here it is, the complete list of open-source and free affiliate tracking programs:

Open Source Affiliate Program for eLitius

If you’re looking to start an affiliate marketing program that focuses on attracting new affiliates, increasing sales, and generating revenue, then ELitius is a great choice. It’s a must-have tool for bloggers who promote affiliate links and need a better understanding of their campaign’s success. Increase traffic and conversion rates by using various affiliate marketing strategies with this software.

Affiliates can be paid commissions and incentives based on the success of their campaigns, such as if a sale is made as a result.

There is a free version of the app, but it comes with a paid-for script. You can easily install the tool if your device meets the requirements. A $100-per-day fee will be charged if you need to make any custom edits to your submission.

The following are a must-haves:

  • Their versatility, scalability, and customizability are the most notable aspects of free and open-source affiliate applications.
  • Once he accepts your application to become an affiliate, he will put your ad on his site.
  • The affiliate program compensates the affiliate when a prospective customer completes a purchase.
  • The app’s personalized models, functionality, and integration with custom designs are among the best in the industry..
  • eLitius has partnered with a top-tier hosting service provider to provide excellent hosting facilities as well.
  • Free lifetime updates, assistance, and an unlimited number of affiliates are all included in the affiliate software tool.
  • It has a dependable tracking system, as well as many other useful and advanced features.
  • You can get started right away with this free affiliate marketing software download.

LinkTrack (Free but Not Open Source)

LinkTrack is a free link tracking service that you can use for your next affiliate marketing campaign. Your online affiliate business will benefit greatly from this simple-to-use marketing tool. An affiliate tracking tool called LinkTrack is free to use.

In order to use LinkTrack for free as an affiliate marketer, you must first register. The app allows you to track an unlimited number of clicks for free. It’s a breeze to work with. Because of this, even a complete newbie can use the app to keep track of their clicks.

In comparison to other free applications, LinkTrack has graphical monitoring, which allows you to see your link conversions at a glance. It also provides precise data on tracking. Even so, if you want to see all of the tracking information, you’ll probably have to pay for the premium version. Make sure you know what you’re getting yourself into before using this as an affiliate network software (unlike Scaleo).

Highlights:

  • It doesn’t matter how many links or clicks you make.
  • Unlimited clicks and links are included with every premium account!
  • It’s easy to use.
  • It is possible to track various aspects of an advertisement, such as the number of clicks and impressions.
  • Graphs in full color can be downloaded at no cost.
  • You’ll be able to see where your best work is coming from this way.
  • Strongly branded domain names
  • Use your own domain name as the tracking link identifier for your links.
  • Take full control of the situation.
  • Everything you need is in one place.
  • Keeping meticulous records of data
  • Our website offers free real-time updates, and we also provide this service through an API.

Peerclick (Free but Not Open Source)

Peerclick is a free affiliate tracking software that focuses on real-time results and provides an easy-to-use system for managing affiliates.

We keep an eye on affiliate marketing campaigns and commercials to make sure they are as effective as possible. Monitor and scale up your marketing and advertising campaigns with the help of this software.

In addition, the app aids you in the systematic analysis of the data in order to derive useful conclusions. It is possible to determine which marketing campaigns are most effective and which are less so. An ad network can be more efficient by conducting A/B tests and increasing the return on investment (ROI). In order to grow affiliate programs and maximize their benefits, this tool is essential.

More than 30 different data points can be tracked and converted from a single location. Spotting fraudulent activity on a website is made easier with the help of anti-fraud software such as Block Bots.

Poland and the United States are Peerclick’s home bases.

Advantages:

Affiliate tracking tools can be used by marketing firms to evaluate the effectiveness of advertising platforms.

There are many ways for you to expand your reach and increase the frequency of your marketing campaigns through Peerclick’s partner network. Artificial Intelligence software can also be used to automate Peerclicks workflows. You can get real-time traffic reports to help you better manage your traffic.

This free software not only offers free solutions, but it also provides a free preview edition for users to try out. The most basic plan has a monthly fee of $99 and is available to anyone.

Features:

  • There are various ways to keep track of multiple third-party deals, including redirects.
  • Collect accurate data from each marketing campaign and consolidate it into a single affiliate tracking platform.
  • In order to keep track of your costs, conversions, and links, you can use this tool.
  • Analyzing data from all organic searches, the app provides useful information.
  • Display relevant advertising to your target audience with the help of advanced targeting and laws.
  • It’s also possible to use automation software to divide traffic among the most successful campaigns.
  • You can get real-time performance warnings and take immediate action if you customize your updates to receive them.
  • From the dashboard, you can see the latest deals and discounts.
  • Be on the lookout for any unusual activity and guard against bots.

AffTrack (Free but Not Open Source)

Florida-based company – AffTrack is a free tool for tracking and reporting affiliate links that can also be used as a SaaS solution for businesses. Aff track is a great free tool for managing affiliate marketing campaigns. Since its inception in 2009, this program has grown to include a large number of affiliates. Real-time analytics, user targeting, and a customizable interface are all included in this free affiliate software. Free affiliate marketing software is offered by AffTrack.

For the first month, you can use AffTrack at no cost. But if you’d like to take advantage of all of the features, you’ll need the premium plan. For new affiliates, AffTrack is prohibitively expensive.

Highlights:

  • Analytics in Real-Time – 99.999 percent uptime reliability for real-time affiliate program monitoring and data access.
  • With the help of real-time traffic analysis and warning alerts, you can protect your business from fraud.
  • There aren’t any agreements or charges – With this plan, you won’t have to worry about any unpleasant surprises like surprise fees or overages. We won’t be surprised anymore.
  • There are no restrictions on Affiliates or Offers, or on the Affiliates or Offers themselves. Don’t impose unnecessary restrictions on your company.
  • Targeting by Offer Tailoring – Exact Offer Targeting with everything you need – Country, Device, Language, and more Limit Management.
  • Protect your affiliates and your reputation from cap overages with our Overflow tool Postback and Redirect Logs.
  • Easy troubleshooting is made possible by the availability of comprehensive Postback and Redirect logs.
  • To the Fullest – Full API access for managing your account in every way possible. Custom interfaces and software integrations can be created with complete freedom.
  • Give each member of the team their own unique access to all the functions and environments.
  • Global Redirects and rules can be set up so that your traffic is monetized no matter what.
  • You can rely on the help of a friendly and knowledgeable staff member whenever you need it.
  • You can keep your Affiliates informed about new and returning Offers with a free daily email newsletter.
  • Automated affiliate marketing software with a simple affiliate tracking interface.

Best Life Insurance – Get an Instant Quote Online

Mastri Janoko Insurance, Management 0 Comment

Life insurance can help your family cover final expenses, education fees, loss of income, or any other financial need.

Below, you’ll find our selection of the best life insurance companies for this month. We’ve called out their distinctions, along with the various policies and premiums provided.

The best life insurance for you will depend on your financial goals, budget and how much cash value you want to build within a policy. We used data provided by Veralytic, an independent provider of life insurance research and analysis, to find the best life insurance companies.

Best Life Insurance Companies Reviews

 

If you’re the main provider for your family or are worried about their financial future if you were to pass, a life insurance policy can provide peace of mind.

Bestow

Bestow issues term life insurance more quickly and easily than most companies, and it offers an unusually high death benefit for policies that do not require a medical examination.

Bestow is our choice for individuals that want to get life insurance coverage but don’t want to go through the hassle of a medical exam. The company sells term insurance policies (and only those), so you can apply online and purchase a policy without visiting a doctor or having tests such as bloodwork done. You can get up to $1.5 million in coverage, a higher maximum than other no-exam policies.

The company uses your personal information and your answers about your medical history, hobbies and lifestyle to determine your eligibility for life insurance and your rates. Bestow claims you can get a quote and purchase a policy within minutes, all online.

Bestow policies are issued by top-rated insurer North American Company for Life and Health Insurance. Additionally, life insurance from Bestow is now embedded into Lemonade’s app and website. Bestow also offers a comprehensive library of helpful information.

Ethos

Ethos stands out as a life insurance provider for accommodating a wide range of potential applicants, including those who may have struggled to qualify for insurance in the past – such as older individuals. Also, prospective customers can receive a quote within minutes without needing to talk to an insurance agent.

Ethos uses either simplified issue and fully underwritten methodology for its term policies, and guaranteed issue underwriting for its whole life insurance policies (no company we know of offers term policies with guaranteed coverage).

The guaranteed issue whole life policy is available to individuals between 65 and 85. Applicants can obtain instant approval for up to $25,000 of coverage, regardless of their medical history.

Most include an accelerated death benefit rider that allows policyholders to tap into a portion of their benefits if diagnosed with a terminal illness.

Policygenius

As a comprehensive online life insurance marketplace, Policygenius offers one-stop access to both term and whole life policies from a wide range of partners, including some of the best life insurance companies mentioned on our list. Unlike some other comparison sites, this one pledges not to sell your information to third parties.

Policygenius takes the top spot as the best comparison tool and broker for its satisfying provision of one-stop shopping from a range of insurers. Policygenius’s partners include such names as AIG, Banner Life, Brighthouse, John Hancock, Lincoln Financial, Mutual of Omaha, Pacific Life, Principal, Protective, Prudential, SBLI and Transamerica.

This online marketplace also offers an extensive library of educational resources for those new to life insurance, including recommendations for life insurance for people who suffer from depression and diabetes. Coupled with its broad range of coverage options such as term or permanent coverage policies, these resources make Policygenius a standout option for comparing life insurance quotes.

If you need help choosing the right policy or coverage amount, PolicyGenius’ agents can give you personalized assistance. They are paid by salary rather than commission, the company says, so they aren’t incentivized to oversell or to direct you to certain products that may earn them a higher commission.

Haven Life

Haven Life provides an unusually wide range of term life insurance options, including plans with especially high death benefits. Its plans also include additional perks such as online services to create a will.

Haven Life gets our nod for the best term insurance coverage because of its impressive array (10-, 15-, 20-, 25- and 30-year) of policy terms, along with coverage amounts that range from $100,000 to $3 million.

Haven Life offers two types of term life insurance policies: Haven Term and Haven Simple. Haven Term includes Haven Life Plus, a rider that provides access to an online service to develop a will or trust, fitness and sleep tracking apps and an online storage vault for important documents.

Applicants who are younger than 64 can get up to $3 million of coverage through Haven Term. Haven Simple is only available for applicants aged 20-55 and includes the Accelerated Death Benefit rider.

Business Insurance – Protect Your Small Business

Mastri Janoko Insurance, Management 0 Comment

Business insurance protects you from expenses that can take you by surprise after an accident or mistake involving your business property, your employees or your customers. It’s sometimes called commercial insurance.

The idea of small business insurance is simple. You pay a set amount for your coverage (this is known in the industry as an insurance premium).  In return, you may be able to avoid paying a much larger amount after an accident or mistake.

Get the small business insurance you need to protect your company or side hustle. Our coverage can help pay for:

  • Property Damage : If you damage someone’s property or your business property needs to be replaced or repaired.
  • Injuries : If someone is injured and you or your business is ruled responsible.
  • Lost Wages : If you or an employee experience a workplace injury.
  • Legal Fees : If you’re forced to go to court to defend your small business.
  • Car Accidents : If someone gets hurt or property is damaged while you’re driving for work.
  • Business Errors : If you or an employee makes a mistake that causes you to lose money.

Everything You Need to Know About Business Insurance

 Business insurance protects you from the unexpected costs of running a business. Accidents, natural disasters, and lawsuits could run you out of business if you’re not protected with the right insurance.

What are the Different Types of Business Insurance?

Business insurance typically involves a package of different types of coverage — what the insurance industry calls policies.

For example, someone could slip where you are working and claim the injury is your fault. In that case, you’ll be glad you have general liability insurance to help pay for medical costs so you don’t have to pay out of pocket.

General liability insurance is typically the first kind of insurance bought by business owners as it also helps your business cover the costs if you or an employee accidentally damage someone’s property.

Product Liability insurance — which is included in general liability insurance — can protect your retail business from having to pay for legal fees if a customer says that an issue with your product caused them injury or property damage.

But general liability is just one type of business insurance coverage.

You might need to expand your insurance package to protect yourself from financial losses. For example:

Commercial property can help protect almost all of the physical items you need to do business. It can pay for replacement costs for your business equipment, goods, inventory and repairs to your building (if you own it) up to your policy limit.

Business owner’s policy (commonly known as BOP insurance) combines general liability insurance and commercial property insurance into one package that includes all the coverage available in those two types of insurance.

A BOP is a comprehensive way to protect your business from unexpected expenses related to property damage, medical payments and lawsuits.

Workers’ compensation insurance covers workplace injuries.

If an employee gets hurt on the job, it can pay for medical expenses and help cover lost wages. You can also cover yourself if you opt for business owner’s coverage.

It’s almost always required when you have employees.

Commercial auto insurance is for business owners who own or drive vehicles. It can help pay for damages if you or an employee are involved in an auto accident while working or your work vehicle is damaged.

Professional liability insurance can help protect you from claims of work mistakes or negligence. This coverage is also known as errors and omissions (E&O) insurance.

We know it can be difficult to sort out what coverage you need for your business. That’s why we developed a super fast online business insurance quote process.

You can review our customized recommendations and adjust them to fit your small business preferences in less than 10 minutes.

What are the Different Types of Business Insurance?

Business insurance typically involves a package of different types of coverage — what the insurance industry calls policies.

For example, someone could slip where you are working and claim the injury is your fault. In that case, you’ll be glad you have general liability insurance to help pay for medical costs so you don’t have to pay out of pocket.

General liability insurance is typically the first kind of insurance bought by business owners as it also helps your business cover the costs if you or an employee accidentally damage someone’s property.

Product Liability insurance — which is included in general liability insurance — can protect your retail business from having to pay for legal fees if a customer says that an issue with your product caused them injury or property damage.

But general liability is just one type of business insurance coverage.

You might need to expand your insurance package to protect yourself from financial losses. For example:

Commercial property can help protect almost all of the physical items you need to do business. It can pay for replacement costs for your business equipment, goods, inventory and repairs to your building (if you own it) up to your policy limit.

Business owner’s policy (commonly known as BOP insurance) combines general liability insurance and commercial property insurance into one package that includes all the coverage available in those two types of insurance.

A BOP is a comprehensive way to protect your business from unexpected expenses related to property damage, medical payments and lawsuits.

Workers’ compensation insurance covers workplace injuries.

If an employee gets hurt on the job, it can pay for medical expenses and help cover lost wages. You can also cover yourself if you opt for business owner’s coverage.

It’s almost always required when you have employees.

Commercial auto insurance is for business owners who own or drive vehicles. It can help pay for damages if you or an employee are involved in an auto accident while working or your work vehicle is damaged.

Professional liability insurance can help protect you from claims of work mistakes or negligence. This coverage is also known as errors and omissions (E&O) insurance.

We know it can be difficult to sort out what coverage you need for your business. That’s why we developed a super fast online business insurance quote process.

You can review our customized recommendations and adjust them to fit your small business preferences in less than 10 minutes.

How Much Does Business Insurance Cost?

Small business insurance costs can vary tremendously. That makes sense, since a yoga teacher needs different coverage than a handyman or a financial advisor.

For some low-risk professionals, like personal trainers, prices start at just $11 per month, while the cost of small business insurance for roofers or welders who work on dangerous projects can be much higher.

While it can be difficult to give a precise small business insurance costs estimate (the best way to get the information is to get a quote for your business), we can tell you about some of the factors that help determine what your small business insurance will cost.

Factor 1: Number of employees
Your payroll and the number of employees at your business could impact the amount you pay for insurance, especially with workers’ compensation coverage.

Factor 2: Location, location location
Where you work and the number of locations where you work is a factor in your exposure to risks and how much you will pay for insurance protection.

A contractor in a highly regulated state like California might pay more for insurance than a contractor in Texas, even if they work on similar projects. That applies to almost every industry, including food service, retail and professional services.

Factor 3: What’s your industry?
If you work in a profession that involves heavy equipment, expensive property or dangerous environments, your general business insurance quote will probably be higher than if you’re in a profession that involves sitting quietly at a desk.

Construction professionals pay a median of $70 per month for a business insurance policy. Cleaning professionals pay $43 per month and fitness professionals pay a median of $16.50 per month for a business insurance policy.

Factor 4: Scope of operations
If you’re a fitness instructor who only teaches privately in people’s homes your general liability insurance is probably going to cost less than if you offer public classes, as working with the public will always increase your risk — and therefore the cost of your business insurance.

Factor 5: Experience
Some people have spent years building up professional expertise before they ever start their own business. That can mean that their risk is lower than newer professionals. That risk is often reflected in the price they’ll pay for their coverage.

Why is Business Insurance Important?

Business insurance is crucial for protecting your business from financial losses.

Without insurance, an accident or mistake could keep you from reaching your goals and threaten the survival of your business.

That’s a scary thought, but it’s a very real factor for many businesses if you consider the average cost of a liability lawsuit can easily reach $50,000.

Business insurance gives you the protection you need to confidently focus on growing your business and serving your customers.

We’re here to help you at every step.

How can NEXT Help You Get the Right Coverage?

We’re dedicated to helping small businesses and self-employed workers find the affordable coverage you need to stay protected, meet legal requirements and satisfy their customers.

Whether you’re an accountant, construction worker, baker or candlemaker, we’ll help you thrive by providing coverage that protects everything you do.

Since we only work with small businesses and the self-employed, we can customize your commercial insurance package to fit your business. Currently, Next serves more than 130,000 small business customers.

NEXT also offers customized business insurance package tailored to different business structures:

  • LLC business insurance
  • Sole proprietors business insurance
  • Self-employed business insurance

How do I Get Business Insurance

You can purchase the business insurance you need online in less than 10 minutes with Next.

Here’s how the process works:

Start an instant quote. We’ll ask you some basic questions about your business and operations, including:

  • Your industry
  • Where you do business
  • How many years you have owned the business
  • Number of employees
  • Expected annual revenue
  • Recent insurance and claims history
  • We will use the information you share to create a customized business insurance quote.

If you like what you see, you can adjust the package limits to fit your preferences and make your purchase.

Your insurance will begin immediately after payment, and you’ll have access to your certificate of insurance. The self-service tools also allow you to pay premiums, add an additional insured and file claims.

The streamlined process, which can be completed without needing to talk to an agent, makes it possible to purchase insurance online in a matter of minutes.

Best Project Management Software To Work Faster In 2022

Mastri Janoko Management, Software 0 Comment

Project Management Software – You’re coordinated, check things off your plan for the day consistently with the assistance of an undertaking the board programming, and are leaving the workplace (or shutting your PC in your lounge) before 6 PM.

Not your world yet?

Don’t sweat it. It might appear hard to boost efficiency with such countless individuals working from a distance, yet it’s more feasible than any time in recent memory. With the best undertaking the executives programming, you can upset the manner in which you and your group cooperates and deals with their responsibility.

What Is Project Management Software?

The idea of venture the executives has been around since the mid twentieth 100 years with the presentation of Henry’s Gantt diagrams. Throughout the past 10 years nonetheless, project the board innovation has carried this idea to the front more than ever. As a matter of fact, PWC saw that as 77% of high-performing groups use project the board programming. Fortuitous event? We have to strongly disagree.

So what is project the board precisely? A “project” is characterized by the Project Management Institute as a transitory, extraordinary endeavor that has “explicit arrangement of tasks intended to achieve a particular objective,” and frequently includes different gatherings cooperating.

The undertaking is then, at that point “made due” through the utilization of information, abilities, devices, and strategies to extend exercises to meet the task prerequisites. The venture the executives life cycle is separated into 5 stages: starting, arranging, executing, checking/controlling, and shutting. The fundamental objective of this whole interaction is to finished projects effectively, while creating quality outcomes.

Advantages Of Project Management Software

 

Generally speaking, project the board programming benefits organizations by following the advancement of undertakings, crusades, assets, distribution, and assignments across an association. With a task the executives programming, project directors and group leads can all the more likely comprehend how associations and groups are pacing, and assist with keeping groups in total agreement.

Close by the new shift to remote and half breed work, groups without a venture the executives programming have battled to keep tabs of all remote work and undertaking refreshes, as we can never again depend on face to face gatherings to hand-off data. That is the reason project the executives programming is more basic in 2022 than any other time in recent memory, whether you’re simply beginning a business or searching for ways of adjusting your deeply grounded association.

The following are a couple of key advantages of utilizing project the board programming:

  • Improves correspondence and fabricates cooperation across an association
  • Permits initiative to have a large scale level perspective on project progress
  • Assists groups with keeping errands in context and grasp needs
  • Helps with controlling expenses and overseeing spending plan
  • Assists with asset distribution and forestalls group wide burnout
  • Works with far off joint effort for groups that are disseminated or follow a mixture work model

Best Project Management Software Platforms

There are endless undertaking the board devices and efficiency applications to assist you with focusing on errands and ventures like a genius. To assist you with figuring out everything, we’ve gathered together the best undertaking the executives programming to get you and your group only a bit of cycle nearer to add up to efficiency heaven.

1. Hive

Hive is a thorough, natural, across the board project the executives programming – the main device you want to open in the first part of the day to finish your work. Hive is not normal for different devices available on the grounds that it’s the world’s most memorable majority rule efficiency stage. However, what precisely does that mean? At Hive, new highlights are continually being created in view of client criticism on the Hive Forum. You understand what you really want in a device to work better and quicker, and Hive is focused on making an undertaking the executives programming that does precisely that. It’s the main device available worked for clients, by clients.

The structure blocks of Hive are activity cards, which exist within bigger ventures. Inside these activity cards, groups can transfer documents, give input sealing and endorsements, label one another, and leave furnish remarks with @mentions. Groups at top pick organizations like Comcast, Toyota, and Starbucks work in Hive – simply one more justification for why it beat each rundown of best task the executives programming.

2. Trello

Trello is an incredible choice for little groups or people hoping to use a basic venture the executives device. The device is Kanban board-based, which is a venture the executives procedure began by a modern designer during the 40s. Cards are the fundamentals of Trello, which you can sort out into various stages on the board.

You can likewise variety code and connect pictures or documents to the cards, and welcome colleagues to team up on a board with you for a more intelligent encounter. One significant negative with Trello is that each board just compares to one venture, so to make two greater undertakings, you want to make two sheets.

3. Asana

Asana is an easy to use project the board instrument that can without much of a stretch oversee little and bigger tasks, which is the reason it’s essential for our rundown of best venture the executives virtual products. The product is planned around undertakings and subtasks organized into various areas that can be doled out to either an individual or groups.

For each errand, the undertaking chief and the remainder of the group can convey and give criticism in a similar spot, saving coordinated effort for each task at a focal, simple to get to area.

4. Headquarters

Headquarters is a cloud-based device with loads of elements for people, project directors or in any event, promoting groups that empowers cooperation on undertakings. A portion of the highlights incorporate plans for the day for undertakings, which can be doled out to various clients, and errands that the framework will naturally circle back to when the due date slips.

It likewise makes some genuine memories bunch visit highlight and an instrument that empowers the client to see the advancement of the venture. Likewise with most of administrations on this rundown, Basecamp can likewise be incorporated with different items for revealing, investigation, and time following, among different highlights. Beside its cloud-based arrangement, Basecamp can be coordinated with iOS, Android, Mac, and PC.

Cost: Basecamp’s own bundle is free for individual use. Field-tested strategies start at $99 month to month for limitless clients and ventures.

5. Clever

Clever is an extraordinary venture the executives programming in the event that you’re on the lookout for a natural, simple to-involve device for individual or collaboration. Inside the application, you can modernize and incorporate work activities to assist with limiting the inward apparatuses that your group needs to shuffle. Clever allows you to oversee full undertakings, missions and individual assignments in sees like Kanban or Gantt, which can be coordinated by achievement.