Tag Archives: life
Guardian Protects Business Loans if Disability Strikes: Offered in New York Market by National Financial Network, LLC
Garden City, NY (PRWEB) March 22, 2007 — Business owners who have borrowed money in order to expand their businesses will benefit from a decision by The Guardian Life Insurance Company of America (Guardian) to increase the amount of loan obligations covered in the event of a disability.
Guardian’s Business Reducing Term policy will insure up to 100% of monthly loan payments — principal and interest, provided the obligation rests with a single principle — should a business owner become totally disabled. This represents an increase over the policy’s prior level.
In New York, Business Reducing Term is available through the National Financial Network, LLC, a Guardian General Agency.
According to Charles Dunbar, a National Financial Network agent, Business Reducing Term addresses a critical gap in the contingency plans of many business owners.
“As long as they can run their businesses, any loans they take out will be repaid from the earnings of the business. If they die, life insurance can pay. But if they become disabled due to sickness or injury and can’t work, their business assets could be lost due to loan forfeiture,” observed Charles Dunbar.
Guardian is currently the only disability income insurer offering a product specifically designed to fund financial obligations that require periodic payments expiring at a given time. In addition to loan payments, other applicable client scenarios include business owners who offer guaranteed employment contracts to their employees and those who’ve purchased a business or professional practice with any amount payable to the seller over a specified period.
“National Financial Network, LLC is in a unique position to offer our business-owner clients a product with which no other company can compete,” said Charles Dunbar. “By increasing its business obligation coverage levels, Guardian is signaling it long-term commitment to a key sector of the U.S.economy.
About GuardianFounded in 1860, The Guardian Life Insurance Company of America, New York, N.Y., is the fourth largest mutual life insurance company in the United States. As of December 31, 2003, Guardian and its subsidiaries had $37.2 billion in assets. With more than 5,000 employees, approximately 3,000 financial representatives and nearly 100 agencies nationwide, Guardian and its subsidiaries protect individuals, businesses and their employees with life, disability, health and dental insurance products, and offer 401(k) financial products and trust services.
As long as they can run their businesses, any loans they take out will be repaid from the earnings of the business. If they die, life insurance can pay. But if they become disabled due to sickness or injury and can’t work, their business assets could be lost due to loan forfeiture Contact: Charles DunbarNational Financial Network, LLC990 Stewart Avenue, Suite 200Garden City, NY 11530Tel: 516-240-1919
Instant Payday Loan for Everyone to Assist in Hurry
Immediate expenses are a part of life. Some expenses like, car break down, high electricity bill, medical bill or some unexpected journey expenses come in one’s day to day life. To meet these expenses you need to have hard money ready all the time.
These is one category of loans that help those who need urgent cash to meet their unexpected requirement. These loans are also known as the cash advance loan. These loan products are gaining huge popularity in UK market because they involve no credit checks or faxing of documents in order to apply for these loans.
These short termed loans are given to needy people so as to meet their temporary requirements that arise due to unexpected events.
As in case of most other loans these finance products can be applied for Online. They are provided for the short span of time, that may vary between 15-30 days. In short, to meet short term financial crisis these loans are considered among the best loans. These products are said to be the easiest payday loan to get. Due to so many beneficial features, they are even preferred by businessmen when they are in urgent need of cash.
The instant payday loan are short termed loans which are mainly offered for the short period of time. They are meant to sort out the requirement of short term financial needs. To avail this they can be applied Online. The approval system is comparatively very fast and easy. So, the applicant do not has to wait for too long to get the amount transferred in the account. Their quick approval has made this product climb the ladder of fame in no time. One more reason for its popularity is its reduced fees for their process of approval. Another eye catching factor is, there is no requirement of faxing any document and also, you do not need to have clean credit record. These loans are given to both the home-owner as well as the tenants.
Other advantages of these loans
- They are easily accessible.
- The approval system hardly takes any time.
- These are available with affordable APR.
- They are unsecured form of loan, so any home-owners or the tenants can apply.
- Involves no documentation.
- Bad creditors are equally eligible to apply.
- No need to put any asset(s) on pledge for security reasons.
An applicant is required to have above 18 years of age with UK citizenship. A valid current bank account in a bank is another basic criteria for these loans. He must have a permanent source of monthly income, which ensures the repayment of the borrowings. You credit record does not play any role as anyone can apply.
The application process makes them special and popular. You will have to fill up an Online application form with required basic personal and professional information. Then, you will just have to submit your application and you will get the money within 24 hours of approval in your bank account.
With the instant payday loan one can keep away his daily life financial problem at bay. So, to meet your unexpected expenses smoothly choose this profitable deal and derive maximum advantages from it.