Safety Insurance Plus

So, you are caught and given a speeding ticket. Knowing how to fight a speeding ticket is very important right from the beginning of the flagging down. What do you do when the officer hands you a speeding ticket? Let us look at the basic options we have:

1. Accept that the infraction has been committed and pay the fine charged. However, remember, the buck does not stop here with this option. If you think, ‘What the heck – it is only $100. Let it go and get over with it!’ – I have news for you. With every speeding ticket you accept and pay for, you will have more to pay in insurance for your vehicle. The insurance company will see you as a potential risk and hence, hike the premium a few notches, which in the long run will burn a neat hole in your pocket.

2. Accept the infraction but give a plausible explanation, which justifies (in your mind) the speeding. This will definitely bring down the charges in terms of the fine – BUT you will still go on record as speeding and hence, the insurance company will still know about it. Hence, this is actually not really a good option in case you want to save money.

3. That leaves us with only one way to go – plead ‘Not guilty’ and asking for a trial. Here, if you are extra lucky, the officer who issued you the speeding ticket might not turn up (which happens in about 20-30% of the cases) and then the charges would be dropped. In case he/she does show up, then most of the cases need little preparation (individually or with the help of a lawyer) to win the case. Lastly, if everything goes wrong, you will be found guilty and you will be marked as such. However, at least you tried! The cost of the ticket at the end of the trial – even if you loose – will not be any more than at the beginning. So, make sure you do exhaust all your chances before you pay up the speeding ticket.

4. In order to make your case stronger you could and should prepare as thoroughly as it is possible for you:

a. Use statement of witnesses who could support your interpretation of events
b. Present photographs is any of the place where you were flagged down, which can show clearly potholes, of poor signs, etc which can help your case
c. Try to prove that the view of the officer was too obscured to get an accurate reading – this is the best one used – and hence, the violation was recorded wrongly
d. Use the circumstantial evidence available with you to prove you could not aware of the speed limit in the area

Term insurance is known as temporary insurance. If the correct policy is applied to the correct temporary need it will work well for policy owners. Some needs are short term and some long term but temporary just the same. On the other hand there are permanent needs for life insurance which will be there for the rest of your life. If you have a permanent need you need to buy a permanent policy like universal life, variable universal life, variable life or whole life insurance. There are many types of term insurance policies. Let us look at the need and which policy to apply to that need.

Your Mortgage

If you have a mortgage on your house you need insurance. You need a homeowners policy that would provide sufficient cash to repair or rebuild your home in the event of destruction by fire, flood, a hurricane or any other natural disaster. It is also important to own a disability insurance policy that would provide a portion of your income in the event you should become disabled. You certainly would want to have your mortgage paid off in the event of premature death…wouldn’t you…

As you will have that mortgage for a specific period of time that can be categorized as a temporary need. Most people buy decreasing term life insurance to fulfill this need. If you have, for example, a 20 year mortgage you would buy a 20 year decreasing term insurance policy. As the mortgage balance decreases the death benefit decreases as well. Upon death the mortgage balance will be paid off by the term insurance policy proceeds.

Paying Off A Loan

Suppose you buy a new car. You put down a small down payment and you will pay this off in about 5 years. If you suddenly died that money is still owed to the bank and they will likely come and repossess that car. If it is your desire that a relative or friend should own that car and you include that in your “last will and testament” it would make sense to buy a 5 year term insurance policy in the amount owed on the car. Upon your death the amount owed will be paid off. If there is any money over and above the amount owed coming from the policy your beneficiary will receive the balance.

Protecting A Young Family

One of the most devastating experiences a young family can go through is the death of the breadwinner. You are in your mid twenties and married. Your wife is about the same age and you have two children ages 3 and 1. Although your wife graduated college you both came to the decision that she would stay at home for a while and look after the children. Through the carelessness of a drunk driver you are killed in a automobile accident…

Try to imagine the situation the family will be in. There are final expenses to be paid. Court costs and attorneys fees, burial costs have to be paid while your wife and children have to continue living. Rent or mortgage payments have to be made as well as utility payments. The biggest bill will be the maintenance of the family until they can fend for themselves. All these things can be taken care of with a well thought out 20 year or 25 year term policy.

This term insurance policy can be designed to pay a small lump sum up front to cover the immediate needs. The balance would pay an income equal to your present income for a specific period of time. This income coming from your term insurance would last until your children graduate college. It could even be set up to pay an income for as long as your wife would live.

For additional information on the use and types of term insurance go to: lifeinsurancehub.net/termlifeinsurancequotes.html lifeinsurancehub.net/termlifeinsurancequotes.html

For more than 40 years Donald has been known for his extensive knowledge of the life insurance business. He has represented some of the largest and best life insurance companies in the United States as well as Canada. His advice is invaluable.

Donald’s website is: lifeinsurancehub.net lifeinsurancehub.net