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Best Insurance Everyone needs in 2020

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The best Insurance Everyone needs in 2020

The best Insurance Everyone needs in 2020 is the dream of owning our own homes and vehicles or to purchase that house.



We all dream of owning our own homes and vehicles, no one wants to continue living in rented apartments or commuting in taxis or any other public transport system.

That’s why you have saved up a fortune to purchase that house or brand new car.

Life throws several unforeseen things at both of us. Although we can’t normally deter these events from happening, we should opt to provide some security for our lives.

The best Insurance Everyone needs in 2020 is intended to provide us some security mechanisms, at least emotionally, should a catastrophe occur.

Before you get that insurance there are certain criteria one needs to fact check before jumping on any insurance company, they are licensing, price, value for money, financial solidity etc.

Best Insurance 2020

The best Insurance Everyone needs in 2020 are numerous insurance options available and many financial experts tell us that we need to have these insurance policies in place.

Yet, with so many options, it can be difficult to determine what insurance you really need.

The best Insurance Everyone needs in 2020 is purchasing the right insurance is always determined by your specific situation.

Factors such as children, age, lifestyle and employment benefits are all points to consider when planning your insurance portfolio

Four Types Of Insurance Everyone Needs

The greatest factor in having life insurance is providing for those you leave behind. This is extremely important if you have a family that is dependent on your salary to pay the bills.

Industry experts suggest a life insurance policy should cover “ten times your yearly income.” This sum would provide enough money to cover existing expenses, funeral expenses and give your family a financial cushion. That cushion will help them re-group after your death.

When estimating the amount of life insurance coverage you need, remember to factor in not only funeral expenses, but also mortgage payments and living expenses such as loans, credit cards and taxes, but also child care and future college costs.

Licensing is a very important criteria to look out for the best Insurance Everyone needs in 2020. When picking an insurance company, the overall rule is to purchase a policy from a licensed insurance firm.

In case the company fails to provide compensation, one can seek redress with regulatory body or a court of competent jurisdiction.

LIMRA, formerly known as the Life Insurance Marketing & Research Association, says that if the primary wage earner dies in a family with dependent children that family will only be able to cover their living expenses for a few months and four in ten would have difficulty immediately.



The two basic types of life insurance are Traditional Whole Life and Term Life. Simply explained, Whole Life is a policy you pay on until you die and Term Life is a policy for a set amount of time.

You should seek the advice of a financial expert when planning your life insurance needs. There are considerable differences between the two policies.

In deciding between these two, consumers should consider their age, occupation, number of dependent children and other factors to ensure they have the coverage necessary to protect their families.

Health Insurance

One of the best Insurance Everyone needs in 2020 can be observed in a recent Harvard study, which noted that statistically, “your family is just one serious illness away from bankruptcy.”

They also concluded that, “62% of all personal bankruptcies in the U.S. in 2007 were caused by health problems and 78% of those filers had medical insurance at the start of their illness.”

Those numbers alone should urge you to obtain health insurance, or increase your current coverage. The key to finding adequate coverage is shopping around.

While the best Insurance Everyone needs in 2020 option and the least expensive is participating in your employer’s insurance program, many smaller businesses do not offer this benefit.

Finding affordable health insurance is difficult, particularly without an employer-sponsored program or if you have a pre-existing condition.

According to the Kaiser/HRET survey, the average premium cost to the employee in an employer sponsored health care program was around $4,100.

With rising co-payments, yearly deductibles and dropped coverage’s, health insurance has become a luxury less and less can afford, yet even a minimal policy is better than having no coverage.

The cost for a day in the hospital can range from $985 to $2,696. Even if you have minimal coverage, it can provide some monetary benefit for your hospital stay.

As the health care debate continues in Washington, approximately 48 million Americans are without insurance coverage.

Check with your employer regarding health care benefits, inquire of any occupational organizations that you belong to regarding possible group health coverage.

Long-Term Disability Coverage

This is the one insurance most of us think we will never need, as none of us assumes we will become disabled. Surprisingly it is one of the best Insurance Everyone needs in 2020

Yet, statistics from the Social Security Administration show that three in 10 workers entering the workforce will become disabled and will be unable to work before they reach the age of retirement.

Of the population, 12% are currently disabled in some form and nearly 50% of those workers are in their working years.

Even those workers that have great health insurance, a nice nest egg and a good life insurance policy never prepare for the day when they might not be able to work for weeks, months or may not ever be able to return to the job.

While health insurance pays for your hospitalization and medical bills, where is money coming from to pay those daily expenses that your paycheck covers?

If you are injured and off work for even three months, would you have enough in savings to cover your living expenses?

Consider what you might face financially if you suffer a major medical condition such as cancer and were unable to work for over a year.

Many employers offer both short-term and long-term disability coverage as part of their benefits package. This would be the best option for securing affordable disability coverage.

If they don’t, seek out a private insurer. If you aren’t sure how much coverage you need, AARP offers a very good disability insurance calculator to help you.

A policy that guarantees income replacement is the optimal policy; more usual terms are replacement of 50 to 60% of your income.

The cost of disability insurance is based on many factors including age, lifestyle and health. For group or employer coverage, the average rate in 2009 was about $238 per year or approximately $5 per week.

A small price to pay if you are faced with a devastating illness or injury. Disability insurance will guarantee that you will have some income when you can’t work. I can categorically tell you that it is The best Insurance Everyone needs in 2020.

Auto Insurance

There were over ten million traffic accidents in the U.S. in 2009 (latest available data) and 33,808 people died in motor vehicle crashes in those accidents, according to data released by the Fatality Analysis Reporting System (FARS).

The number one cause of death for American’s between the ages of five and 34 were auto accidents. Over two million drivers and passengers received treatment in emergency rooms in 2009 and the costs of those accidents including deaths and disabling injuries was around $70 billion.

While all states do not require drivers to have auto insurance, most do have requirements regarding financial responsibility in the event of an accident.

Many states do periodic random checks of drivers for proof of insurance. If you do not have coverage, the fines can vary by state and can range from the suspension of your license, to points on your driving record, to fines from $500 to $1,000.

If you drive without auto insurance and have an accident, the fines will probably be the least of your financial burden.

Your car, like your home is a valuable asset you use every day.

If your car is damaged in an accident and you have no auto insurance, you will have no way to replace that vehicle unless you have a large savings account and you don’t really want to tap into that savings when auto insurance could cover the cost.

If you, a passenger or the other driver is injured in the accident, your auto insurance will pay those expenses and help guard you against any litigation that might result from the accident.

Auto insurance also protects your vehicle against theft, vandalism or a natural disaster such as a tornado or other weather related incidents.



Again, as with all insurances, your individual circumstances will determine the price of your auto insurance.

The best advice is to seek out several rate quotes, read the coverage provided carefully and check periodically to see if you qualify for lower rates based on age, driving record or the area where you live.

Best Insurance 2020

Price is another factor when considering insurance. Insurance companies operate in an extreme competitive environment. For this reason they offer various prices for different type of coverages.

For instance, if one is looking for best home insurance policy, you should consider shopping around. Get price quotation from three or four insurance companies and weigh which offers the best price.

The insurance coverage that you purchase from a company must give you a sense of security regardless if you purchased it from an agent or over the Internet, directly from the insurance company or over the phone.

Ensure that the company that the company’s representative are always readily available in case your questions or other concerns need to be urgently addressed.

The reason why everyone purchases insurances policies is to get the assurance that compensation will be availed in case of any misfortune. Therefore, it’s important to choose a company that’s financially stable.

No one wants to transport valuable goods on a ship that’s bound to sink before reaching its final destination.

Finding out about the financial stability of insurance companies, you can find out on rating given by Independent rating agencies.

While insurance is expensive and certainly takes a chunk out of your budget, being without it could lead to financial ruin.

Always check with your employer first for available coverage, as this will probably be where you will find the most economical way to of securing coverage.

If your employer doesn’t offer it, obtain multiple quotes from several insurance providers.

Schedule times with agents who offer coverage in multiple areas as they may have some discounts available if you purchase more than one type of coverage. 

The expense of not having Insurance is nothing compared to the expense of living without it.

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How to choose a Personal Loan Firm

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personal loan

How to choose a Personal Loan Firm

Each lender has its own terms and conditions, so figure out what you’re looking for before you start comparing lenders.



Approval Requirements

Lenders often set minimums that borrowers need to meet for credit scores and years of credit history to qualify for personal loans.

They also care about your debt-to-income ratio, which is how your monthly debt repayments compare with your monthly income. Lenders like to see a low debt-to-income ratio.

Lenders may not be licensed to lend money in every state. Before comparing lenders, check to make sure they can offer loans where you live.

Some lenders allow you to take out a personal loan with a co-signer. A co-signer is helpful for people who don’t have enough income or credit history to qualify for a loan on their own.

With a co-signer, you can sometimes get a lower interest rate because the lender is taking into account the co-signer’s credit score and history as well. And there’s someone else the lender can collect from if you stop making payments.

The loan will also appear on the co-signer’s credit history, which could affect his or her ability to be approved for future credit. Keep this in mind if you ask someone to co-sign for you.

Lenders may offer merit-based qualifications, which means they will count your education, earning potential and more when approving you for a loan. This is especially helpful to low-income borrowers in the beginning of their careers.

Each lender may have a minimum income requirement that a borrower must meet to qualify for a personal loan. Borrowers with higher incomes tend to be better applicants because they have more money for repaying their loans. Still, a high income can’t fix a low credit score or high debt-to-income ratio.

Some lenders require that you work a certain number of years before you’re eligible for a personal loan. If you don’t have a long employment record or high income, make sure your credit score is strong.

Interest Rates

Most personal loans offer a fixed interest rate, which stays the same through the duration of the loan. A variable rate changes over the life of the loan, depending on prevailing interest rates.

Some borrowers don’t want the uncertainty of a variable-rate loan and prefer to stick with a fixed-rate loan.

Loan Terms

Each lender sets its own terms, such as loan amounts, repayment periods and use restrictions.

Every lender has a minimum and maximum loan amount, for example. If you’re looking for a personal loan under $2,000, you’ll need to find a lender offering that amount.

SoFi will lend up to $100,000, while Payoff lends up to $35,000. If you need to borrow $45,000, then only look at lenders that offer that amount or more. Don’t expect a personal exception if you need to borrow more than a lender’s maximum.

Lenders also have minimum and maximum repayment terms. You’ll typically have two to five years to pay off your personal loan, but some lenders offer terms of up to seven years.

The longer your loan period is, the lower your payments will be, but you will pay more in interest. If you can afford a higher monthly payment, go with the shorter loan period to save some money on interest.

Some lenders have restrictions on how you can use your loan. Payoff only allows you to apply its personal loan funds toward your credit card debt, while Earnest does not allow borrowers to use funds for business expenses.

Don’t lie about how you’re going to use the money. Lying on your loan application can be deemed loan fraud and can result in extra fees and charges.

Lenders also have their own time frames for how quickly you’ll receive your personal loan funds. Usually, funds are distributed within a few business days, and most lenders will disburse them electronically.

A few lenders offer discounts if you set up automatic payments online.This can help you avoid missing a payment and save a little on interest.

Fees and Penalties

One of the most important aspects to compare before choosing a personal loan is the fees each lender charges. Fees can significantly increase the cost of a personal loan. For example, a 3% origination fee on a $25,000 loan is $750.

An origination fee is the fee a lender charges to administer the loan. Only a few lenders, including LightStream, SoFi and Earnest, do not charge an origination fee.

Most lenders have an origination fee between 1% and 6%. The amount you pay for the origination fee may depend on your credit score; the higher your score, the lower the origination fee.

While some lenders charge a prepayment fee, none of the lenders in this guide do. A prepayment fee is a fee you pay for repaying your loan early or ahead of schedule.

Because most lenders enforce late fees, always pay your loan on time. Autopay can help you avoid missing a payment, which can result in a late fee and damage to your credit score.

Most lenders charge a minimal fee for returned payments, which happens when you have insufficient funds to cover your loan payment.

Repayment Options

Most lenders offer a few different repayment options, including autopay, check by mail or online, and even an option to change your payment date. These choices vary by lender, so make sure it offers the repayment option that works best for you.

Additional Features

Some lenders have additional features that make them a better fit for certain borrowers.

Discover, for example, lets you return personal loan funds within 30 days, with no interest, fees or other charges if you change your mind after the loan has been finalized. And SoFi has an employment assistance program that allows you to temporarily suspend payments and get personalized help finding a new job if you lose your job through no fault of your own.

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See Top Mortgage Banks in Nigeria

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Top Mortgage Banks in Nigeria

See Top Mortgage Banks in Nigeria

We would be looking at the top mortgage banks in Nigeria. There are numerous banks scattered across Nigeria, but a selected few are into mortgages. Before we delve into that, what is mortgage?



What is Mortgage

A mortgage is a loan – provided by a mortgage lender or a bank – that enables an individual to purchase a home. While it’s possible to take out loans to cover the entire cost of a home, it’s more common to secure a loan for about 80% of the home’s value.

The loan must be paid back over time. The home purchased acts as collateral on the money an individual is lent to purchase the home. The two most common types of mortgages are fixed-rate and adjustable-rate (also known as variable rate) mortgages.

See Top Mortgage Banks in Nigeria 1

Here are the top mortgage banks in Nigeria, this bank has assist people in getting their dream homes, their loans is perfect for those seeking mortgage loan to acquire properties in Nigeria, I will be listing the top mortgage banks in Nigeria.

FBN Mortgages

FBN Mortgages Limited is a leading Primary Top Mortgage Bank in Nigeria  with focus on delivering the best mortgage banking services and products that typify the dominance of its parent– First Bank in the financial services industry.

As a dedicated provider of a wide range of mortgage and real estate financing solution, FBN Mortgages is in a unique position to help customers make those critical steps towards seamless home ownership and real estate development. 

Platinum Mortgage Bank Ltd

Platinum Mortgage Bank Ltd is one of Nigeria’s leading Primary Mortgage Institutions. It was incorporated in 1992 with the Corporate Affairs Commission to provide savings, loans and homes ownership services, and licensed by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria under the CBN Decree 24 of 1991 and FMBN Decree No. 53 of 1989 respectively to provide Mortgage Banking Services in Nigeria.

Formally called Platinum Home Investment and Mortgage Limited with Headquarters in Lagos, PMB Limited was recapitalized into a formidable Primary Mortgage Institution backed by innovative products, services, latest information technology and requisite professional management.

Abbey Mortgage Bank Plc

Abbey Mortgage Bank Plc is the premier, largest and most profitable, non-aligned Primary Mortgage Bank in Nigeria. It is one of the seven national Primary Mortgage Banks (PMB) licensed by the Central Bank of Nigeria and Federal Mortgage Bank of Nigeria (FMBN).

It is also an accredited primary mortgage bank (PMB) for the National Housing Funding (NHF) on-lending facilities. They offer various mortgage and investment products, guidance and advisory services to corporate organizations and individuals to empower them to access housing finance.

Abbey mortgage bank assist in finance and facilitate the provision of mortgage and real estate related services to respond to their needs. 

Federal Mortgage Bank of Nigeria (FMBN)

The Federal Mortgage Bank of Nigeria (FMBN) was established in 1956, known then as the Nigerian Building Society (NBS), a joint venture of the Commonwealth Development Corporation and the Federal and Eastern Governments of Nigeria.

The Bank operates as an effective vehicle for increasing the mobilization of long-term funds, lending volume and expansion of mortgage lending services to all segments of the Nigerian population.

Hosing is a global problem but that of Nigeria is huge due to her huge population. Most Nigerians can’t afford to build a house of their own as majority can’t afford it.

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Using a Digital Marketing Agency to Support Company Growth

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Using a Digital Marketing Agency

Using a Digital Marketing Agency to Support Company Growth

Digital marketing agencies are in charge of driving brand awareness and lead generation through all the digital channels both free and paid that are at a company’s disposal.



What digital marketing agency is… 

Digital marketing companies use channels such as social media, the company’s own website, search engine rankings, email, display advertising, and the company’s blog.

What actually is digital marketing? Or is it one of those big word and clumsy words techies throw around confusing people?

Well in case you are wondering what digital marketing is, it can be said to be advertising via digital channels or mediums, such as social media, mobile apps, email, web applications, search engines, websites, or any new digital channel.

Some other experts have defined digital marketing as any form of marketing products or services that involves electronic devices.

That’s the reason it has been around for decades. Digital marketing can be done both online and offline. And, both kinds matter for a well-rounded digital marketing strategy.

Using a Digital Marketing Agency to Support Company Growth 2

A lot of people ask “is digital marketing important?” they don’t realize how many digital marketing assets they have at their disposal.

So what about digital marketing? Google and Facebook generates more revenue than any traditional media company because they control more eyes.

That’s why digital marketing is important, it is where the attention is. Digital marketing jobs are very lucrative and the opportunities are vast.

Categories of Digital Marketing

  • Search engine optimization (SEO)
  • Search engine marketing (SEM)
  • Content marketing
  • Social Media Marketing (SMM)
  • Pay-per-click advertising (PPC)
  • Affiliate marketing
  • Email marketing

Digital marketing agencies who have certificates in digital marketing usually focuses on a different key performance indicator (KPI) for each channel so they can properly measure the company’s performance across each one.

A digital marketing company can take your business to the next level. Most people always want to know before venturing into online marketing by asking is digital marketing in demand? of course it is.

A digital marketing agent who’s in charge of SEO, for example, measures their website’s “organic traffic” — of that traffic coming from website visitors who found a page of the business’s website via a Google search.

How to Start a Digital Marketing Agency

Digital marketing is carried out across many marketing roles today. In small companies, one generalist might own many of the digital marketing tactics described above at the same time.

In larger companies, these tactics have multiple digital marketing specialists that each focus on just one or two of the brand’s digital channels.

There are several steps which we must take when setting up a digital agency, these steps are very vital in ensuring your business don’t just crash on arrival. They include:

  • Educate Yourself
  • Find Your Niche
  • Do Competitor Research
  • Launch Your Website
  • Build a Portfolio
  • Set a Business Model
  • Have a Social Media Presence
  • Generate Leads

Top digital marketing agencies

Here’s a list of the best agencies for digital marketing for you to review. These companies are the top dawgs in the industry.

Roles or Jobs in Digital marketing

There are several roles or jobs in digital marketing. Here are some examples of these digital marketing jobs:

SEO Manager

Main KPIs: Organic traffic

What is digital marketing in SEO? SEO managers get the business to rank on Google. Using a variety of approaches to search engine optimization digital marketing course, this person might work directly with content creators to ensure the content they produce performs well on Google — even if the company also posts this content on social media.

Content Marketing Specialist

Main KPIs: Time on page, overall blog traffic, YouTube channel subscribers

Content marketing specialists are the digital content creators. They frequently keep track of the company’s blogging calendar, and come up with a content strategy that includes video as well as digital marketing services.

These professionals often work with people in other departments to ensure the products and campaigns the business launches are supported with promotional content on each digital channel.

Social Media Manager

Main KPIs: Follows, Impressions, Shares

Agencies for digital marketing need the role of a social media manager, its easy to infer from the title, but which social networks they manage for the company depends on the industry.

Above all, social media managers establish a posting schedule for the company’s written and visual content. Besides courses for digital marketing are somewhat complex though.

Using a Digital Marketing Agency to Support Company Growth 3

This employee might also work with the content marketing specialist to develop a strategy for which content to post on which social network.

Marketing Automation Coordinator

Main KPIs: Email open rate, campaign click-through rate, lead-generation (conversion) rate

The marketing automation coordinator helps choose and manage the software that allows the whole marketing team to understand their customers’ behavior and measure the growth of their business.

Because many of the marketing operations described above might be executed separately from one another, it’s important for there to be someone who can group these digital activities into individual campaigns and track each campaign’s performance.

Digital marketing can work for any business in any industry. Regardless of what your company sells, digital marketing still involves building out buyer personas to identify your audience’s needs, and creating valuable online content. However, that’s not to say all businesses should implement a digital marketing strategy in the same way.

B2B Digital Marketing

If your company is business-to-business (B2B), your digital marketing efforts are likely to be centered around online lead generation, with the end goal being for someone to speak to a salesperson.



For that reason, the role of your marketing strategy is to attract and convert the highest quality leads for your salespeople via your website and supporting digital channels.

Beyond your website, you’ll probably choose to focus your efforts on business-focused channels like LinkedIn where your demographic is spending their time online.

B2C Digital Marketing

If your company is business-to-consumer (B2C), depending on the price point of your products, it’s likely that the goal of your digital marketing efforts is to attract people to your website and have them become customers without ever needing to speak to a salesperson.

For that reason, you’re probably less likely to focus on ‘leads’ in their traditional sense, and more likely to focus on building an accelerated buyer’s journey, from the moment someone lands on your website, to the moment that they make a purchase.

This will often mean your product features in your content higher up in the marketing funnel than it might for a B2B business, and you might need to use stronger calls-to-action (CTAs).

Is digital marketing the future? Of course it is. Digital marketing is the marketing of the future, you can track the results of your digital marketing efforts with incredible accuracy, which means it is easy to see which strategies are producing profitable results and which ones need some work.

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