So what is it? A Joke or a Need?

Has this ever happened to you... You're at home enjoying your meal and you get a knock at your door. "My name is Jack and I'm calling from (company name), have you or your family had an accident in the last 3 years? If so you could be entitled to personal injury compensation?" 

Now for that moment what are you thinking? Are you looking back over the last 3 years to see if you or your family have incurred any personal injury? Or are you thinking of slamming the door in their face or setting the dog on them? 

The fact is each one and much more has happened to salespeople who go knocking on peoples' door. 

Firstly it's not polite as they're reminding you of your accident which could have been traumatic and secondly another personal injury company has said the same thing they are saying 2 days ago. 

So in effect it gets frustrating and over time causes anger and you'll probably take it out on a new recruit who is on their first day at work and you happen to be the first door. 

So what is it? A Joke or a Need? 

Personal injury has become a joke! Why? There are so many sales people knocking on doors for personal injury claims. In the beginning everyone was like 'really, can you claim for this' or 'you should go and see this company for your injury'. Nobody was aware what was going on but millions of people were claiming for god knows what! Now over the pass few years it upset a few people. 

Injured people weren't getting their compensation. They were getting either a small proportion of the compensation or were paying out of their own pockets. In those days as claims were new, you had to believe everything. It was like, 9 month road to riches. But it never really was riches in your pocket however it was for them as they knew the game. They made it seem like they were helping you but in fact were helping themselves with your money. 

Some people even today, who are injured, resist to claim compensation as previous traumatic experience left them in the dark and now confused. 'I don't wanna be conned again!' Well I don't blame them. 

In reality, it's definitely a need. Being compensated for something which wasn't your fault. It could be a road traffic accident, trip, slip or fall even being assaulted on the streets on your way home. These are the people that don't find it a joke. Their life has been disrupted by people who they never knew and now don't want to know. 

It takes a lot of energy, especially if there are psychological injuries involved in order to get back on track to a normal life. They either miss out on exams, work, events, holidays and in general 'their' own personal lifestyle. Everything happens in an instant... You're enjoying your life and all of a sudden 'bang' your life changes. 

You end up paying for medicine, specialists, travel expenses and other bills. So these people don't think personal injury is a joke as they can reclaim their expenses and be compensated for their loss of enjoyment and injuries. 

Stop these canvassers from spoiling the need of personal injury and giving it a 'bad' name. Proceed with the right specialists for personal injury can only make your life a hell of lot better. 

Make no mistake this time and claim what you are entitled to, by law!

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Term life insurance and Permanent life insurance

There are basically two forms of life insurance to choose from: term life insurance and permanent life insurance. 

The first thing to do is to research and understand the concept of both forms of life insurance. These two forms of insurance have been compared to buying or leasing a car. Term life insurance is much like leasing a car, you can purchase insurance for a specific number of years, but once those years are up, so is your insurance coverage. Permanent life insurance is similar to buying a car. When you buy a car, it’s yours and you can drive it forever if you like. Permanent life insurance stays with you until you die. 

Depending on your situation, each form of insurance can be very beneficial and offer many great opportunities. Below you will find a more in-depth explanation of each form of insurance providing advantages and disadvantages of both. 

Term Life Insurance 

Benefits 

• Term life insurance is inexpensive and can cost a considerable amount less than permanent life insurance. 
• There are no strings attached with this form of insurance and you are free to stop paying whenever you want. 
• You can begin using term insurance and if you feel like you want more coverage, you can then convert to permanent life insurance if you wish. 

Downfalls 

• Term life insurance only provides coverage. There are no other rewards and there is no cash value. 
• Yes you are free to stop paying whenever you please, but should you choose to do so you will no longer have any life insurance coverage. 
• Term prices increase at a rapid pace as you get older and as you get older, your need for this type of insurance will become more and more crucial. 

Permanent Life Insurance 

Benefits 

• Permanent life insurance can accumulate into cash value and savings. Any cash value which you receive will be tax deferred. 
• There is no risk involved in this form of insurance. Your loved ones will receive a death benefit regardless of when you pass away, whereas term life insurance will only pay out if you happen to be covered when you die. 
• You can borrow the cash value you receive to pay for college, a vehicle, etc. You can do this without receiving a penalty for doing so. 

Downfalls 

• The most noticeable disadvantage to permanent life insurance is the cost. This form of life insurance will cost you a great deal more than term life insurance. 
• Should you decide to forgo your permanent life insurance coverage, you will be required to pay a large penalty which will be bounded by law. 

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