If something happens to me – what happens to my partner or family? This question should not remain a game of ideas, but seriously addressed and answered with the appropriate death protection. Only then can surviving dependents be protected in the long term and financially relieved.

A risk or life insurance, but also a survivor's pension can serve the death protection. The contract stipulates a sum which the insured person regularly pays to the insurance company by an agreed date (end of contract). In the event of death, the saved sum is then paid out to the descendants.

Payment of term life insurance

If the death of the insured person occurs within the contract period, the insurance company pays the insured sum agreed upon to the person or persons with subscription rights in the case of a term life insurance. It is usually the family of the bereaved.

If the death of the insured person does not occur during the contract period, the insured will not receive any money back. The paid-in money served in this case only to the risk protection. Therefore, the contributions for the insurance are also set relatively low.

Why is death protection important?

One should take care of a death protection especially if the dependents are dependent on the insured person's income and there are no large financial reserves to cover them. Especially for primary and sole earners a term life insurance is therefore important. Because the payment of insurance secures the existence of many families – especially if the financing of a house or apartment should not be jeopardized and expenses for children must be paid. Incidentally, the statutory widow's and orphan's pensions tend to be low and can not compensate for the loss of earnings. Therefore, it is worthwhile to supplement the statutory provision by a private death protection.

When is there no life insurance cover?

There are exceptional cases in which the insurance does not have to pay in the event of death. This applies, for example, if the beneficiary is associated with the death of the insured person and the suspicion of murder is due to greed. Furthermore, the insurance only pay for a suicide if the death is more than three years after the conclusion of the contract. An exception applies if the insured person is incompetent.

When the insurance is completed, the insured must inform his insurance company about personal circumstances. These include, for example, previous illnesses, dangerous hobbies or the profession. From this information the insurance calculates the contribution amount. If false information is provided in order to reduce the contribution amount, the insurance does not have to pay in the event of death.

If the insured can no longer pay his contributions to the life insurance, the insurance can terminate the contract. However, a second option would also be to make death benefit free of contributions. A contribution exemption, however, is only possible in the case of term life insurance in some cases, in any case the possible sum insured drops drastically.

Related topics International health insurance Occupational disability Occupational disability insurance Survivor's pension Sickness benefit Sickness insurance Compulsory health insurance Personal injury Guide to the topic

  • Disability: Independent policy or combination contract?

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Brazil’s largest fixed-line operator accepts the bankruptcy law

Brazil’s largest fixed-line operator accepts the bankruptcy law

  • Last week the rating agency Fitch Ratings downgraded its note to “C”, the last level before bankruptcy, as it is considered unsustainable.
  • Temer seeks closure of public television TV Brasil
  • ANALYSIS: Brazil: a chaos just two months away from the Olympic Games in Rio
Oi, compañía telefónica de Brasil

file image of some “orelhoes” (“orejones”, as the booths are known) of the OI company in Brazil. Wikimedia Commons

The telephone company Oi , Brazil’s largest fixed telephony operator, took the bankruptcy law on Monday to be able to renegotiate the debt of R $ 65,400 million (about 18,685.7 million dollars, 16,514.39 million) with the help of justice of euros).

“Considering the challenges generated by the economic and financial situation of the company in the light of the maturity schedule of its debts and the threats to its coffers due to imminent embargoes or blockages in judicial processes , and taking into account the need to urgently adopt measures of protection, the Oi concluded that the presentation of the request for judicial recovery would be the most appropriate measure at this time, “the company said in a statement.

The debt of the Oi is the largest among the Brazilian companies that have requested the so-called judicial recovery , as in Brazil the bankruptcy law is known.

 

Until now, the Brazilian company with the highest debt that had to request justice intermediation to renegotiate its obligations was the OGX oil company, owned by ex-billionaire Eike Batista , which in 2013 accepted the bankruptcy law with 11,200 million reais (about 3,200 million euros). dollars) of liabilities.

In addition to being the largest fixed telephony operator in Brazil, with nearly 17 million customers, Oi is one of the largest providers of broadband internet access, the fourth largest mobile telephony operator and a major player in the mobile phone market. television by subscription.

Considered the third largest company in the telecommunications sector in South America, with some 50 million customers, the Oi has among its main shareholders the former Portugal Telecom , its strategic partner since 2010 and which owns 27.5% of the capital.

A large part of the Oi’s debt comes precisely from the problems caused by its merger with Portugal Telecom, carried out in 2013 but liquidated at the beginning of 2015, with the sale of the assets of the Portuguese company to the Luxemburgian Altice.

The Oi came to negotiate this year an agreement with the investment fund LetterOne, controlled by the Russian billionaire Mijail Fridman, to acquire the also Brazilian TIM in an attempt to clean up their finances, but the Russians ended up giving up.

The possible merger with TIM would have strengthened it in the mobile market and given the conditions to compete in Brazil under better conditions with Spain’s Telefonica, which operates under the Vivo brand , and Mexico’s América Móvil, with its Claro label, which it also offers in the fixed telephony country, mobile telephony, internet access and subscription television.

The company explained in its press release that, if the justice accepts its request to accept the bankruptcy law, it will be able to refinance its debts and at the same time guarantee the offer of services to its clients.

The operator only communicated its decision after the closing of the Sao Paulo stock exchange, but its shares suffered a sharp drop on Monday, 10% preferential and 6% ordinary, after the company admitted that it had to reach a agreement with the National Bank of Economic and Social Development (BNDES) to suspend the payment of its financial obligations for 180 days.

The company accumulated losses last year by 5,300 million reals (about 1,766.7 million dollars) and in the first quarter of this year its damage amounted to 1,640 million reals (about 468.6 million dollars).

Last week the rating agency Fitch Ratings downgraded its note to “C”, the last level before bankruptcy, as it is considered unsustainable.

More information about:

Charge-Offs And Credit Score Repair – What You Can Do

If you have ever been in a situation to have been contacted by a commercial collection agency to collect an outstanding financial debt, you know that it can be scary, frustrating and humiliating. You might be new to the debt collection circumstance, or it may have occurred to you before. At any rate, it really is something that is not pleasant to undergo. Whether it is for several debts or even one unpaid bill, you need to know that you as a consumer possess rights and that they are guarded under the Fair Debt Collection Procedures Act. Businesses also have legal rights under the Act which you should know about.

But, many used the tennis shoes traditional technique of getting gone credit card debt settlement and filing chapter 7. Unfortunately, bankruptcy caused more damage to people and people were in need of another new way of settling debt which is debt deal.

When the banks plus debt collectors come knocking on your door to coerce you to definitely pay your unpaid credit card debt, you only have to use this federal government law in your defense. The particular Federal Trade Commission within the mid-60s crafted the law to ensure that there will be fair collection methods by debt collection companies. For more information concerning this, merely search plus read about the term “where really does money come from”. Right after reading this, you will start to realize and open your eye about the possibilities given by legislation protecting against unfair collection procedures.

Instruct a list of debt collection agency. There are some agencies who cost a commission only when these people collect debts. This is an economical way to continue chasing excellent CCJ’s.

The main reason I say disputing is definitely useless is that many of us attempt to learn how to repair credit reports through limited information. Yes, all of us read online how discussing has success. What we avoid always get are the various reasons and tactics you can find disputing. If you’re with this problem, I initially thought to discuss was merely denying the particular account or the amount, something, and waiting the one month expecting them to not conform within that window. I realize better now.

Quickly, I realized that to eliminate derogatory items from the credit report a dispute notice has many different ways to be carried out. Many times not directed at the particular bureaus themselves but the real collection companies. What I did had been a question the validity of the companies ability to collect through me. The validity of the account. I questioned the organization itself and them getting the proper licensing in my condition to collect from me. It would be most comfortable amazed at how many of these selection companies don’t have the proper documents for your file or a state to collect from you. This allowed me to remove many accounts which were bringing down my score.

Customers should start monitoring the actions associated with credit file to see what’s taking place behind the scenes. In my opinion, this should be achieved more than three times a year.

And things appeared okay. And fewer individuals were happy. Each month fewer individuals gathered for their monthly neighborhood meeting. The mood from the meetings was not as interpersonal; they had changed from becoming light and fun in order to be dangerous and tough on their fellow neighbors. The particular board had vital company to talk about. No time for talk. There was an agenda. Property supervisors needed to keep the board on the right track. You know, they needed the particular board to stay focused; they will need to maintain an agenda regarding homeowners and dues plus fines.

One more application that you can use if you so select is to ask the collection firm to cease and abstain from contacting you by mere phone. This will not lead to the debt to go away or quit the progression of the series, but you will not receive telephone calls anymore. However, you can nevertheless be sued in this case. Know your own rights and use them since you need to.

Just How Instant Fax Pay Day Loan Can Solve The Problems

The POS devices control various actions and it is, therefore, critical that it is carefully dealt with. Small retail stores together with fast food centers possess even installed that so as to compete with the bigger corporations. And they no longer cost too much both.

What is an “overflow”? Mechanism, which unveiled David, when somebody under you or higher you, over and over again, brand new personally invited lovers (ranging from 4-th person visiting — it’s the fourth, 5 various, 6, 7, etc) These partners can be found on 1, two, 3, 4, and so forth levels, becoming your own full partners (ie, you will appear associates, whom you were not invited), with these partners and the structure which will without doubt to grow, you’ll acquire commissions – in accordance with marketing plan 8KAWeek.

Possess a subscriber list and announce your specials on it every week. It might probably be more fortunate if you hyperlink this to a newsletter. This could bring more consumers to your site given that they would have to go to your internet site in order to read all of the content.

He or she is not always prepared regarding unforeseen situations. He’d, therefore, benefit from choosing a quick e-cash loans bank loan which he would need to pay back by the following consolidate payday loans ☞ you can try here (灬♥ω♥灬).

To run a proper introduction e-cash register, not necessarily that difficult to believe. You only need to pay awareness of a wider variety of options concerning about the sale made. The first step you should carry out is turning the particular register to the proper mode or setting up to accept cash product sales.

If you discover an error in your credit report, your first step would be to write a letter describing this error to this credit bureau. The second move would be to contact the particular creditor who manufactured the error and have them to fix it. Should you attack the problem coming from both ends, you happen to be more guaranteed to visit a resolution.

Through 1800 get cash now today you are able to resolve all your expenditures in an efficient manner. Determining for the payday loans httP://www.Paydayloanhelpers.Com/About-Us.html is very easy. To become regarded as eligible you need to be typically the citizen of the ALL OF US, over 18 years old, hold an energetic bank account and earn arranged income at the end of each month. Be sure that your account allows direct down payment. This is very important as most lenders want to deposit the money straight into the particular borrower’s consideration upon acceptance.

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References:

  1. http://www.ohchr.org/EN/ProfessionalInterest/Pages/OPSCCRC.aspx
  2. httP://www.Paydayloanhelpers.Com/About-Us.html
  3. https://www.law.cornell.edu/ucc/2
  4. http://www.worldbank.org/en/topic/energy