Seeking Security
Table of Contents
|
Chapter 1: In the Beginning Organization Steps Personal Assets Life Stage |
1 2 4 4 |
|
|
|
|
Chapter 2: Establishing A Financial Picture & Net Worth Risk takers Net Worth Worksheet |
7 11 15 |
|
|
|
|
Chapter 3: Establishing Goals Objectives versus goals Charting Strategies Risk Protection: chart What If the Unexpected Happens? |
19 19 22 23 24 |
|
|
|
|
Chapter 4: Suitable Recommendations The Self-Taught Investor Making Decisions Five factors to consider in a financial investment. Risk and Return Appreciation & Depreciation Types of Risk Inflation: The Silent Reducer Deflation Business Risk Interest Rate Risk Market Risk Illiquidity Risk Minimizing Risks Six6basic types of investments |
26 29 29 31 31 31 33 33 34 34 35 35 35 36 37 |
|
|
|
|
Chapter 5: Emergency Funds Certificates of Deposit Money Market Accounts |
43 44 46 |
|
|
|
|
Chapter 6: Avoiding Debt Basic credit card terms When 20 percent is not really 20 percent Adjusted Balance Method & Previous Balance Method Average Daily Balance Method |
48 53 54 54 5 |
|
|
|
|
Chapter 7: Safety Through Insurance The Patient Protection and Affordable Care Act Risk Adjustment and the Ability of States to Limit Insurer Payments What if Americans Lost the ACA Benefits? Less Uninsured Americans Preexisting Conditions Financial Assistance and Eligibility Standards Data Matching Inconsistencies Essential Health Benefits (EHB) Definition of a “Typical” Employer Plan The Original Plan Long-Term Care Defining Policy Benefits Care Levels What Benefit Levels Should Be Recommended? The Future |
56 57 58 59 60 60 61 61 62 62 63 68 69 73 74 77 |
|
|
|
|
Chapter 8: Disability Insurance Possible solutions for a business when a partner is disabled |
80 82 |
|
|
|
|
Chapter 9: Life Insurance What Is A Life Insurance Policy? Life Insurance Needs: worksheet Planning for The Future Life Insurance Trusts Types of Life Insurance: Term Whole Life Insurance Endowment Insurance Policies Universal Life Insurance Policies Variable Life Insurance Policies Survivorship Life Insurance Single Premium Whole Life Policies What Are Tax-Deferred Annuities? The Annuity The Reinsurance Network Index Rate Annuity Two-tiered Annuities Why Owners Bought an Annuity Annuity Contract Statistics Top Sources of Funds for Purchasing Annuities Annuity considerations Per Stripes Three basic types of annuity contracts Single Pay Deferred Fixed Annuity Annuity payout options Individual Retirement Accounts (IRA) Company Ratings |
87 87 89 90 95 96 96 97 97 98 99 100 101 103 105 106 106 108 108 108 109 112 114 115 116 120 121 |
|
|
|
|
Chapter 10: Protecting Assets Bodily Injury Liability Property Damage Liability & Medical Payments Coverage Uninsured Motorists Collision Comprehensive Physical Damage No-Fault Laws To Tell or Not to Tell Insuring Our Greatest Investment: Home Sweet Home |
128 128 129 130 130 131 131 132 132 |
|
Form 1 |
133 |
|
Form 2 |
133 |
|
Form 3 |
134 |
|
Form 5 |
134 |
|
Form 4 |
134 |
|
Form 6 |
134 |
|
Form 14 |
135 |
|
|
|
|
Chapter 11: Looking at Taxes Sensibly Effective Tax Rate Marginal Tax Bracket |
139 139 139 |
|
|
|
|
Chapter 12: Employer-Sponsored Insurance Benefits Funeral Benefits & Dental Insurance Disability Income Benefits Life Insurance Medical Insurance Characteristics of Group Insurance Group Plan Incentives History of Group Health Insurance Self-Insured Plans Specific Eligible Groups Types of Medical Plans Health Maintenance Organizations (HMOs) Model Group Life Group Contract Termination Pension Plans The Insurance Consultant Flexible Spending Accounts (FSA) After Retirement |
142 142 143 143 144 145 148 149 151 152 154 157 158 164 165 169 170 171 |
|
Income & Longevity Concerns |
173 |
|
|
|
|
|
|
|
Chapter 13: Saving Adequately for Retirement Monthly Income Options Social Security Income |
177 180 182 |
|
|
|
|
Chapter 14: Estate Planning Special Provisions Domiciles Gifting and Other Property Disbursement Four Types or Groups of Beneficiaries Following Legal Procedures Property Transfers Location of the Will The Will as A Legal Document Two ways to distribute property: per stirpes & per capita. Selecting Trustees and Other Representatives Settling the Estate After the Testator's Death Postmortem management falls into 7 categories |
183 185 193 196 198 202 205 206 207 209 211 215 220 |
|
|
|
|
Chapter 15: Practical Ethics Defining Ethics Why Be Ethical? |
224 225 227 |
|
Psychological Egoism What is the scope of Ethics? |
230 231 |
|
What does it take to be a moral person? |
232 |
|
Three Questions Addressed |
233 |
|
Example #1 |
235 |
|
Example #2 & #3 |
236 |
|
Example #4 |
237 |
|
What Are Our Responsibilities to Other Moral Persons? Choosing to Sell Ethically Objectivist Ethics Human Nature Can Ethics & Promotional Campaigns be Integrated? Sympathy versus Empathy (definitions) Learning to Be Ourselves Due Diligence |
238 239 240 242 249 250 251 252 |
|
What does the term, due diligence, actual mean? |
252 |
United Insurance Educators, Inc.
(253) 846-1155