Life Insurance quote comparison services have become a popular way of marketing insurance products. Insurance companies with low premium rates encourage people to compare insurance quotes and this way, they can convince newcomers to purchase life insurance products from them. There are various times when using these life insurance quote compare solutions can be ideal for making life insurance policy decisions.When Seeking a Life CoverIf you have just started to work or have just decided to get yourself a life policy, then your first stop should be seeking for a genuine life policy quote comparison service. The quote comparisons provide you information about the insurance premiums you will pay for the life cover from different providers. The life policy quote compare application is found in various insurance related websites and you will be required to fill out your basic information so as to have a close estimate of the insurance premiums to be charged by different life insurance providers. With this information, you not only find out what insurance company charge the least but you also get to know what type of life insurance policies are available for you.Negotiating With Your ProviderMost life policies have level premiums at least for a given period of time. This means that once you have a policy, you get to pay a certain amount of premium for as long as the policy is active. However, with fluctuation premium rates being affected by diverse factors such as low interest rates and increased competition, it is now possible to negotiate your premiums downwards even when on a level premium type of life cover. In order to negotiate with your insurance provider and seek for a discount, you can fill out a life insurance quote comparison form to find out what other insurance companies are charging. If their rates are lower, you can then use this as a basis of negotiating for reduced premiums.Seeking Extra CoverageA majority of people purchases a life cover early in their employment and they stick with the cover all their life. However, this plan may not be ideal as inflation and needs change with time. The sum assured may be very low to be meaningful to your dependents. Therefore, as your income increases and as you get more financial responsibilities, it is advisable to seek for extra life coverage. Unlike other insurance products, life cover allows you to have as many policies as you wish and your beneficiaries get paid the sum assured from each policy independent of the other life policies. Therefore, to seek for a new life policy so as to get extra coverage, you can do a life insurance quote compare exercise by filling out the comparison quotes. This way, you can know the available options for your extra life coverage.Renewing Your Term PolicyIf you are on a term life policy, you will need to either renew your life cover once the term expires or alternatively look for a new policy. To do this, you can fill out the life insurance quote comparison form and get to compare whether it is cheaper or more beneficial to renew your existing policy or take a new policy altogether.
Top Goal for Small Businesses: The Eight Most Important Checkup Questions for 2021
Are you happy with your business this year? What are you going to do differently? How can you hire the right people to support your vision? Sadly, many small business owners do not spend enough time planning for the future. It’s quite understandable. Managers must keep pace with the daily demands of their businesses, including payroll, taxes, product/service delivery, and customer expectations.Fortunately, the end of the year is the perfect time for a comprehensive evaluation of your company. Your business needs a checkup. Most people can relate to a checkup with their local doctor, depending on their background and personality characteristics (age, sex, family medical history). The doctor will conduct a variety of tests, including blood, vision, heart, and hearing.In fact, one element like an individual’s weight is not the only indicator of overall good health. Likewise, small businesses could benefit from a good checkup too. Successful entrepreneurs think strategically when engaged in a hostile, global environment.After 27 years of managing projects and conducting over 100 organizational evaluations of business organizations, I realize that both large and small organizations struggle in implementing their operations effectively. This article examines how small businesses need to conduct an effective checkup of their organizations.Welcome to the New Normal! Yet, nearly a year after this pandemic, the full impact on the U.S. economy is unclear. According to recent studies, more than four million Americans have left the workforce, and nearly 10 million are now unemployed compared with last February.In fact, the number of unemployed people continues to rise. According to a business study conducted between March 28 and April 4, 2020, small businesses have been heavily damaged by the lockdowns due to Covid-19.In an analysis of more than 5,800 small businesses (reaching a network of 4.6 million small businesses), the research highlighted the damage caused by the pandemic. The results showed evident damage of the pandemic. At this juncture, 43% of businesses had temporarily closed, and nearly all of these closures were due to COVID-19.Respondents stated that they had temporarily closed, largely pointed to reductions in demand and employee health concerns as the reasons for closure. In fact, the businesses, on average, reported having reduced their active employment by 39% since January.All industries have been impacted. However, retail, arts and entertainment, personal services, food services, and hospitality businesses showed significant employment declines exceeding 50%. Some businesses hope for assistance from the government.According to a Babson’s Goldman Sachs report, 88% of U.S. small business owners have already exhausted their Paycheck Protection Program (PPP) loan; the Small Business Association gave these loans specifically to help businesses keep their workforce employed during the pandemic. These loans were helpful.Yet, these successes do not diminish the fact that more than 32% of PPP loan recipients already have laid off employees or cut wages. In fact, Forty-three percent of Black small business owners reported that their businesses’ cash reserves would be depleted by year’s end due to Covid-19.Today’s small businesses and entrepreneurs must retool themselves, given the potential impacts of Covid-19 have the necessary capacity to change their way of thinking because of their passion. However, small businesses must be willing to evaluate their current operations and make the required changes.For example, customers have largely gone online to purchase services due to the lockdowns. If a business does not have an online presence now, this company does not exist. Internet pioneer and CEO of PSINet Bill Schrader explains the significant of online visibility: “Almost overnight, the Internet’s gone from a technical wonder to a business must.”With the appropriate diagnosis of an organization, a business can develop more sustainable success. Thus, the right checkup is critical.Below are some critical questions to help you conduct your own self-checkup:
Do you have a clear vision for your business? What is it?
Do you know why your customers buy from you and why others do not buy from you?
What results are you getting from your marketing? Do you have an effective online presence on the web?
Are you collecting data or the right kind of data on your customers and competitors?
Are you keeping pace with your industry trends? If so, what are the key trends?
How are you measuring results (i.e., key performance indicators like cash flow and revenue)?
What are your key competitors’ marketing strategies?
Have you evaluated your strengths and weaknesses (i.e., SWOT Analysis)?
In summary, successful global businesses, like IBM and Google, have continuous systems in place to evaluate their performance. Let’s call this process an organizational checkup.Small businesses that want to succeed in this global and technological climate must be able to conduct this self-evaluation or checkup. This article demonstrated the relevancy of a good checkup to help improve a business by asking probing questions. In many cases, small businesses do not have to take on this organizational checkup along.There are various organizations like the Small Business Administration and local universities that can assist in this process. Have you conducted a checkup for your business this year? It’s not too late. Start the new year with a healthy business checkup.© 2021 by D. D. Green