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This Is Your Children's Future


We worry about our kids: their well-being and happy future are our main concerns in life. We long for them to be content and successful at whatever they choose to do. We hope that we'll be able to provide them with the same kind of help that many of us have received from our own parents. But how can we ensure that we're doing everything in our power to make all of this come to pass?

We can, but there's a process. First, take a few steps back and consider what we truly want for our kids. For example, when I asked a client of mine recently to think carefully of the three things she wished for her children, who range from 16 to 9 years of age, she responded "I want them to be loving, compassionate and responsible adults." There was no mention of rich, famous or powerful. This mother really got to the root of what she knew to be the crucial characteristics necessary for her children to live happy and fulfilling lives.

Once we have this kind of clarity about the things we really want for our kids, we can then move forward towards instilling those traits in them. But first we must be completely clear. Here what to do:

1. Make a list of what you want for your kids. Be sure your list is unselfishly motivated! Financial security, love, happiness...even for them to be blessed with kids just like them! That's what my Mother wished for me and it came true.

Once you have come up with a list of perhaps ten items, start from the top and compare the first two items. Which is most important? Take that choice and compare it to the next item on the list. Again, which is most important? Continue doing this until you have gone through your list and the item that remains is your number one choice.

Repeat the process for your number two, three, four and five choices. This is a list of the five most important things that you want for your kids. Having prioritized, now you can do your best to assist in creating a wonderful future for your kids.

2. Important rule: You are not making decisions about your children's personal future. That's their responsibility and their right to determine. However, as a parent, you are certainly able to influence their future.

3. As an example, let's say that Financial Security is on your list. Do you know what it takes to create financial security? Think of people who have managed to achieve financial security on their own. What traits do they share? Perhaps you determine that responsibility is one of those traits.

How do you create responsibility? What do you know to be true about responsible adults? My own personal opinion is that these adults were taught early on about responsibility through actual experience. For instance, most of them probably had specific chores they did at home. Several probably worked in the summers. Many of them may have learned early on to take responsibility for their own lives and not place blame on others nor make excuses. At an appropriate age, the majority were undoubtedly taught to make decisions on their own and suffer the consequences. They learned not by being told what to do but in the actual doing.

Responsibility, coupled with other strong traits you might identify, will assist your kids in taking charge of their lives.

Be forewarned: It is so much easier to just let them do what they want versus being a watchdog. Teaching a child responsibility, or anything else for that matter, takes patience, determination and commitment.

4. Be a role model. Our kids model themselves after their childhood experiences and especially as they saw their parents. As much as we said we would never be like our own parents, how many of us can see our parents in ourselves? If you want your son or daughter to be responsible, be responsible. By being a true and consistent role model, you can have the most profound influence on your children.

5. Who is this child? I love the story a friend told me recently. Her son in New York City had a visitor, a young woman in her third year of college. After spending a week together, the student admitted that her major, biology, was not what she wanted to pursue but rather what her Mother suggested. She wanted to be a fashion stylist! How could her Mother have missed that?

Do you know what excites your kid? What moves them? What they love to do? Who they really are at their core? Honoring them for who and what they truly are is the greatest gift you can give your son or daughter. Take the time to connect with them and really listen. Listen on a level where you really are hearing them.

6. Praise the positive and attempt to minimize the negative. Of course you establish consequences for unacceptable behavior. But positive reinforcement is a much more powerful tool. It's Pavlovian conditioning and it works.

7. I love this quote: "Expectations are predetermined resentments." Don't set yourself up for disappointment. If you are looking for fulfillment, look to yourself, not to your children. Don't attempt to live vicariously through them. It will only end in unhappiness for everyone involved.

8. Try to remember what really ticked you off about your own parents when you were their age. Not that it was valid. Remember we were just kids and reacted in a childish manner much of the time. But it will help to empathize with how your own children are feeling, to understand their frustrations and to be able to communicate in a more effectual way.

Almost all of us find our way in life but it is so much easier if we have the necessary tools. You know now what you wish your parents had said or done back when. Break the chain! You are the most important person in your child's life; you can provide those tools. That is how we ensure that their future is bright.

You can live a life that truly works and you can achieve peak performance in all areas of your life. You can not only survive life’s unexpected changes and transitions but also thrive. Powerful change is possible. You are fully capable of creating a life that you choose.


Polis Asuransi Keluarga

Why Do Children Need Insurance?


Why would I ever buy my children an insurance policy? They have no dependents, no assets to protect, no charitable foundations to provide and obviously no spouse depending on their income. So, why would anyone consider young children when buying an insurance?

Death is the number one reason, period. God forbid the worst thing could happen, you're still faced with thousands of dollars in funeral expenses. Regardless of how morbid you may feel about taking out a policy on your child, the fact remains, unless you are able to write the check as easily as paying for gas at the pump, this is a big expense. Health remains the single largest reason people pay considerably more or declined all together for life policies. Sure, ten toes, ten fingers is great news the day they're born, but if additional health issues pop up later in life they may not qualify.

The good news, chances are they'll never pay less then now. If you're currently over 35 and have looked in to coverage for yourself I bet you wish you would have gotten that life policy a few years sooner. Setting your child up now when they're young and health may make a huge difference in being able to afford or even qualifying for a policy later in life. The beauty is you can be creative when coverage's. Add them to your policy or take out a separate cheap term online life insurance policy and most companies will allow you to convert to a permanent policy later. Setting up a policy now insures life insurance guaranteed in the future.

Some policies, such as Universal Life and Whole Life allow for accumulation of cash. Wow, so now you have two benefits in one; guaranteed coverage and the ability to save money for the future.


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Baby Insurance: An Investment in Their Future


Baby Insurance is a great and affordable way to prepare your child's financial future. Parents think about their new bundle of joy. Parents think about all of the harms that may come to them and joys they will eventually bring to this world. Parents also question, "Will they be safe at night, is that a good toy, is he learning up to grade level?" Who is she bringing home for a first date? Did he get into the right college for him? We think about all of these things. How often do Parents think about protecting their children by giving them a financial head start?

Baby life gives your child a financial head start in an affordable way. Most parents say, life insurance, how can that help my child? "Isn't life insurance for dead people?" No, it is not. Life insurance is for the living.

In order to understand baby life, and insurance in general, you have to understand why it evolved in the West. Insurance evolved to protect shipping cargo coming from the East Indies. A group of investors would pool their resources together and "underwrite" their name on the ships manifest saying they would invest in a portion of the cargo, therefore protecting themselves from all the risk. They were in effect sharing a financial risk of the voyage and gaining financially when they voyage was successful. If we think about baby life insurance as insurance on your child's life cargo, his or her creative potential, you can start to see, feel and understand the ways life insurance can be used in life, not death.

Baby life is a way to have someone else share in the financial risk of your child's voyage. The next question of course is, "How can purchasing a baby or children's life insurance plan protect my child's future?" Children and baby life insurance plans are usually exceptionally affordable whole life policies. The best and unique thing about about these and other whole life policies is they build up what is called a cash value accumulation. This cash value accumulation is the financial vehicle you are using to help your children get a financial head start in life.

If you believe something is better than nothing than what I am about to say will make sense, dollars and sense. This cash value can be borrowed against when you need it. When you buy only a $100,000 insurance policy for you child today, in twenty years you have built them a nice chunk of cash they can use and or borrow against without having to get a banks approval letter to start a family or business. The best part most youth insurance policies is, you do not have to give it to them until they are twenty five; which is about the time most youngster have finally settled down.

Most people agree if they had a chunk of change to buy their first house they would have been eternally grateful to their parents. When we think about baby life insurance as a financial instrument for life your children can use to get ahead of the crowds in life, baby and children's life policies begin to make sense.


Polis Asuransi Keluarga

Why Do People Buy Children's Life Insurance?


Children's life insurance is a kind of stable or whole life coverage. This means, the insurance policy will accrue cash value within a specific period or determined time. Kids are not permitted (not mention able to) buy it, so parents or guardians can buy this type of insurance on behalf of their kids.

In respect to this life policy, it is better to buy it for your kids in their infancy stage and when they are in good physical condition. Parents or guardians prefer buying kid's life insurance policy, since it insures and protects their child, even if their physical condition changes. However, at the same time, kid's life insurance policies accumulate a cash value that parents or guardians can use for college expense of their kids.

Several insurance companies guarantee extra insurance policy, when the kid reaches certain age. They offer this added policy without undergoing medical assessment. The main benefit is, if the kid faces health problems and that makes insurance pricey or unavailable, he would still have the insurance coverage made available to him.

Some of the features of kid's life insurance policy include:

    It accrues Cash Value.
    Premium Stay Level
    Offers Permanent Protection
    Useful for college expenses in the future


Why Do Individuals Buy Children's Life?

Mostly, individuals purchase life policies to ensure that, the future of their dependents is secured after their death. Then, what is Children's life insurance policy? This is for the child to ensure protection against future expenses. This is very much similar to a company's provision for unforeseen events, where certain amounts are set aside for future expenditures.

It is strongly advisable on the part of life providers to obtain children's life policy for a child. This kind of life insurance policy is cheap and very helpful, if bought when the kid is in adolescent state. Remember, the kids will obtain the advantages of accrued cash value depending on the insurance policy that individuals opt for.

If individuals choose kid's life policy, they can assure that their kids are widely covered under any generative diseases, which may have serious effect on them later. It is also better to consider other reasons for purchasing policies for the kids. Individuals can use this life insurance amount for their higher studies, college expenses or overseas education.

Conclusion:

Children's life insurance policies involve considerable amounts of money. Hence, individuals have to be very cautious. A good and reliable insurance agent offers essential facts, so that individuals can select the desired policy. With kid's life insurance policy, time is surely on the individuals' side. They have ample years and decades to make a solid financial basis for their kids.

Children's Whole life insurance policy is an ideal tool to make such strong financial foundation, because it is easy and sensibly priced. In case, individuals wish to buy affordable life plans, then consider the kid's term life insurance policy, as this is much cheaper than whole life policies for children.


Polis Asuransi Keluarga

Getting the Best For Your Child's Future


Health care is a growing concern for many people. This is especially true for parents who are making sure their children grow up healthy. They follow nutritional guidelines, providing their children with all the healthy food they need as well as plenty of physical exercise. While things have changed significantly over the years when it comes to parents taking care of their children, the main goal has always been to provide them with the tools and strength necessary to go off into the world on their own some day.

One of the best ways to do this is to make sure that your child has the best health care possible. With modern advancements in technology and medicine a increasing number of severe childhood maladies are becoming less of a significant health that they were years ago.

This is why it is so important for children to be covered by low cost children's health insurance. It will help give them the chance to live their life to the fullest. And while children years ago were more likely to succumb to aliments and diseases we now consider minor, children these days are just as vulnerable to health issues, they are just generally caused by different sources. Stress in the classroom and at home, pollutants and accidents all can weaken children and if left untreated can become serious, if not deadly problems.

It is necessary for children to have health insurance coverage as soon as they are born. Because those first years of life are vital for building a solid foundation for them to grow on. This can be accomplished by regular visits to their pediatrician and you do not just have to buy cover for your child. You can add them to your policy to save money. The best thing about this it is possible to keep your children on your policy now until they are in their twenties and they can contribute.

Like many types of insurance, low cost children's health insurance can be adjusted for different levels of protection. Like other types of insurance, if you get it through the same company you are signed up for you will more than likely get a discount on the coverage.

These days one of the best ways you can help insure that your child will grow healthy is by making sure that they have the benefit of comprehensive health care. Not only will you be glad that you did, but they will be glad as well.

The easiest way to find out if it will be cheaper to put your child on a separate policy with another family member, on their own policy or on yours is to get online and compare different quotes. Doing this with your insurer will take hours and it can be confusing. Doing it online will take minutes and you can compare the cost across different insurance companies. If you are looking for low cost children's health insurance this is the best way to do it and save yourself a lot of money in the process.


Polis Asuransi Keluarga

How To Save Your Children's Education


 As a parent, you want to provide the very best for your children, which includes giving them a good education. Unfortunately in Indonesia, the cost of a quality education can run into tens of millions of Rupiah – a sum that cannot easily be absorbed into a monthly or yearly budget. For this reason, as a parent you’ll need to plan very carefully for your children’s education.

Thankfully, a range of investments and saving solutions aimed at helping you cover the cost of your child’s education can help you to save, without putting huge strain on your finances.

The true expense of your child’s education

Although school tuition can be hugely expensive, fees are not the entire expense. Many parents don’t realize that the cost of a school education entails much more than just the monthly fees. Your child will also need books, stationery, uniforms and sports gear throughout his or her years at school.

If your child goes on to university or college, the cost of their education is likely to soar. Tuition fees at tertiary institutions are usually more expensive than school fees – except if your child is at a private international school already. Along with annual fees, you’ll also have to consider associated costs such as textbooks, computer hardware and software and living expenses such as accommodation. You may also be footing the bill for petrol costs, spending money and various other necessities that your child is likely to require throughout their time as a student.

How to start saving for your child’s education

To start saving for your child’s education, it’s a good idea to sit down with your financial advisor and think about your child’s complete education needs. Consider the following points:

How old is your child?

What year will your child start school?

Do you intend to send your child to a public or a private school?

What year will your child begin his or her tertiary education?

Do you think your child will require post-graduate studies?

Will your child live at home or in residence during his or her studies?

By taking into account your child’s age, and the years in which he or she will begin school and start tertiary education, your planner will help you to determine how much you need to put away each month.

Timing is everything

As with any type of savings or investment policy, the earlier you start saving for your child’s education, the more affordable it will be. It’s never too early to start: whether he’s only just begun to take his first steps, or she’s just given Daddy her very first smile, the sooner you start planning for your child’s education, the more you’ll be able to provide for your child.


Polis Asuransi Keluarga

Insurance Policies For Students and Teenagers


When a teenager gets a license, it’s probably the first time he or she focuses on insurance. And as young people graduate from high school and head off to college or enter the working world, there are lots of insurance matters for young people out on their own for the first time to think about.

AUTO

Teenage drivers represent the highest risk segment of the population and are involved in more serious and fatal accidents than anyone else. From the insurance company’s standpoint, high risk requires a higher insurance premium. Teenage drivers can add anywhere from 50 and 100 percent to the cost of a family’s auto coverage. Generally, it is cheaper to put a teenage driver on the family policy. Driver education and good student discounts can take the sting out of that to some extent. Many states have graduated driver licensing programs which phase in driving privileges and give teens driving experience under controlled conditions allowing young drivers to demonstrate good driving habits and gain experience. Pick a safe car to drive – the model chosen greatly affects the cost of insurance. If a college student does not have a car during the school year (many schools restrict cars on campus for the first couple of years) and attends a school at least 100 miles from home, tell the insurance company. Rates may be lowered significantly for the period the student is not at home.

HOME

There aren’t many “student homeowners.” But they have “stuff” that needs protection, which usually comes through homeowner or renter insurance. If a student lives at home, or in a college dorm, their personal possessions, including a computer, stereo, television, clothing and such items are covered by the family’s policy. If they have any items of exceptional value, it’s a good idea to have a separate endorsement on the policy. If a college student lives off campus, the family policy will probably not cover them. They should consider purchasing separate renter insurance.

LIFE

Life insurance protects a family’s way of life. As students approach college, not only are families focused on how to pay for it, they should also be thinking of how to keep things on track if tragedy strikes. Life insurance, whether whole life or term, is one way to ensure that resources will be there for your student to finish college if something happens to one of the family breadwinners. At a minimum, families should think about a limited policy that would cover burial expenses if a child is killed in an accident.

HEALTH

In most cases, a full-time student will be covered in the family’s health plan until he or she graduates from college, or remains a full-time student up to 23 years of age. However, if the parents belong to a closed-network HMO that doesn’t provide non-emergency coverage in the school’s area, a separate policy for the student should be considered. Most colleges have a clinic on campus and may offer supplemental insurance as well. If a child gets sick and has to temporarily drop out, parents might want to consider having tuition insurance. Otherwise, even though the child has left school, the family may be on the hook for the tuition.

DISABILITY

Disability coverage provides for lost wages in the event you are injured and unable to work. Most part-time jobs do not include such benefits, so disability insurance is unlikely to be provided by employers to students who work while going to school. For parents who are paying for their children’s college education, disability insurance would ensure that resources are there should the primary wage earner become disabled and be unable to work.

LONG-TERM CARE

The younger and healthier one is, the less paid for insurance. But long-term care insurance is generally not an insurance priority for a young student unless there are extenuating circumstances.

FINANCIAL PLANNING

Helping your student establish a solid financial foundation -- managing student loans, credit cards and day-to-day finances -- will help them in many ways, including getting insurance at the best possible rate. In many states, insurers use information from credit reports, along with other underwriting factors, to help determine who qualifies for insurance and what they pay. As a result, it’s important to avoid graduating from college and burdened by consumer debt in addition to student loans. Establishing a budget is a good first step. Parents may want to set up a debit card account for their student. Cash can be added conveniently to the account when needed, and expenses can be reasonably monitored.


Polis Asuransi Keluarga