https://padlet.com/daltonmarko9/nv6tog9ai79u en-us 2018-04-17 00:26:08 UTC 2023-05-13 14:31:27 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Xmastree.png daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252377057 By Dalton Marko]]> 2018-04-17 00:33:33 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252377057 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252377225 Life insurance hasn't always been around although life insurance as we know it but its basic idea has been around since the time of the Romans. My goal is to teach you a thing or two about its history and current process.]]> 2018-04-17 00:34:18 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252377225 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252378318 This page shows us that the earliest recorded examples of life insurance was a simple desire for a proper burial for Romans which they believed was a right for anyone in their culture. This page is absolutely full of the history of life insurance from 100BC to the 2001 terrorist attack of 9/11 and how movements and developments usually comes on the back of wars or economic downturns as well as societal advancements ]]> 2018-04-17 00:41:24 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252378318 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252380654 Life insurance being a billion dollar industry this naturally leads to those who want to cheat the system and use it to profit. Considering this is a topic that effects every person in the world whether they have the insurance or not it is simply despicable and we will examine this in multiple ways throughout the assignment. In this web page which is a warning from the RCMP we see those who would use falsified policies to swindle money of people who are just desperate enough to believe they will receive an inheritance or a policy payout.]]> 2018-04-17 00:56:45 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252380654 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252382086 Another way we see the use of life insurance although it is also quite morally wrong its technically not a crime is what Walmart was caught doing. Until 1995 the company had been taking out life insurance policies on their unsuspecting employees and rather than giving some of the money to their next of kin upon that employees death the company used it to allegedly pay out executive bonuses. It may not be completely clear where the money went we do know that this is another way life insurance has been used immorally to profit off the deaths of others.]]> 2018-04-17 01:07:12 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252382086 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252383843 Manuilife Canada is the single largest insurer of Canadians when it comes to life insurance. It has been commended and awarded for customer service and convince which is quite notable when almost all of its businesses comes from those planning for their own death while almost all of their customer service is from those who just lost a loved one.]]> 2018-04-17 01:19:24 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252383843 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252385382 I believe this image almost completely sums up the idea of what a life insurance policy is for. Not to give a pile of money to your family but to in essence cash you out and give your family financial security as well as something to help them succeeded without your income to sustain themselves and transition ]]> 2018-04-17 01:28:51 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252385382 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252386285 Many people say that life insurance is too complicated a process or that its too costly, this image breaks it down in a way that anyone could understand. It also shows that logically life insurance is a simple contract that Can be tailored to anyones needs]]> 2018-04-17 01:33:44 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252386285 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252388293 I personally believe this video speaks volumes more than i could ever attempt. The heartfelt speech and interview of a man who has been through life insurance contracts both personally then entering it professionally. It really shows the importance of having something in place to protect your family at the time when they need your help the most and you cannot do anything but let them rely upon whatever you have set up for them.]]> 2018-04-17 01:46:59 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252388293 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252389392 There are two forms of life insurance and this is an educational video made by a large insurer to simply illustrate the idea of term life insurance. Rather than a policy extending until your death which would certainly result in a payout, this kind is best described as family insurance. This kind of policy. would be bought by those who are just starting a marriage or having children or pendents who could not manage on their own without the policy holder. Not being a permanent policy this simply goes away after a predetermined which saves the insurer from paying out a policy in most cases and saves the insured from paying out a policy indefinitely. I was completely unfamiliar with this concept but i find it makes quite a lot of sense to provide a safety net for your family.]]> 2018-04-17 01:54:39 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252389392 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252395404 Whole life isurance is what the typical view of life insurance is. In its most basic form its just like car insurance, the insured pays a monthly installment and upon a crash (death in this case) they (their families) are given a lump sum. Its been boiled down into quite a simple concept and left nothing to be learned.]]> 2018-04-17 02:20:06 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252395404 daltonmarko9 https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252404957 2018-04-17 03:14:09 UTC https://padlet.com/daltonmarko9/nv6tog9ai79u/wish/252404957