Hartford insurance companies
Insurance Company Reviews
2022.08.16 13:50 Least-Deer7478 Insurance Company Reviews
Your place to vent, review, ask questions, praise, or complain about any insurance company on the planet.
2008.07.04 05:45 Pitbull awareness, education, love.
2008.06.28 20:02 Connect-I-Cut
"...We welcome you with cordial hospitality, and if you remain, we will try to furnish better weather tomorrow." - Mark Twain
2024.05.14 19:21 Individual_Ad_2701 AIL is this real I remember I got a letter to fill out in the mail before just my name address
Adam, your request for your No-Cost Burial and Will Kit for Veterans through American Income Life Insurance Company (AIL) has been received.
Please use the link below to verify your information on your response. Which I deleted for this post
Reply C to confirm the information is correct.
*You'll receive txt updates regarding your benefits. Msg & data rates may apply. To stop receiving txt updates, reply STOP. For Faster Service, reply NOW.
submitted by Individual_Ad_2701 to VeteransBenefits [link] [comments]
Please use the link below to verify your information on your response. Which I deleted for this post
Reply C to confirm the information is correct.
*You'll receive txt updates regarding your benefits. Msg & data rates may apply. To stop receiving txt updates, reply STOP. For Faster Service, reply NOW.
2024.05.14 19:20 No-Sheepherder-246 I've heard of blue,but never heard of purple.
Me and the wife of 23 years married,and even more as friends. HS sweethearts and welcomed our first child in 2017.Just an amazing Mother and could not ask for better.(like at all).She's THAT mom.took a year off work to be with our new born,until her job gave her a fat raise ,basically begging for her to come back.worked at the same company for 10+years,in child care with 1 year olds, became lead teacher and one point the face of the company t.v ad.
The kid never had a wet diaper for more than 2 minutes. I was just a follower now and just obeyed the process.I was to only work,and when home,wait for instruction(when it came to the child). Which I did so in compliance.The kid had started flash cards in their crib at 3 months. Never had bottled food or cereal as I was instructed to cook chicken,sweet potato,carrots and onions then blend it for their meals.And when it was time for bed ,we'd be sleeping together. All 3 of us, leaving no room or time for intimacy. Before the kid we were like rabbits on an island who didn't even bother to get dressed. But now it's just dirty and ick while the kid takes up our day and energy,as it should in my opinion. (Or groomed opinion).
She returned back to work,even got a sweet deal for our son even to go there. It was a much needed chapter for us,as it was all she talked about was having a kid.Mind you were this far now and haven't had any sex,and I just brush it off cause I kinda like catering to the kid and her. Then the unfortunate happens,she had a stroke in early 2023 that just crushed our world and took a devastating blow to us and our little "juice box" Kid's nickname.
It's been a year now since the stroke,and of course I'm not gonna even bring up sex.how dare I? Our insurance sucks, do all the care us left to me,and family. Family being the ones who stay with her when I'm at work.they just watch, they don't cook,or change her,move her.All physical,nutritional,medical needs are done by me,while also making sure the kid is well and cared for .it's been almost 3 years now,and never understood the "blue balls" theory until now.only problem is, I have like purple,and it's smooth at the bottom.wtf? I'm no scientist or physician,but NO dude has smooooth balls.i swear, if they get any smoother,the hairs will start self plucking at root.
I scheduled my first appointment ever with my pcp,and hope she can prescribe me with something because what's after purple? I didn't feel any pain or anything .but I need to seek a specialist or something,because some months to a year ago I had something very very weird happen to where I thought we were getting it on,only to have woke up,and realized it was just me and a morning mess.
I need help.tommorow is my scheduled doc visit.and I don't want to bring it up to the wife,as I needn't more stress on her.and I can't find any forums or FAQ of such. Has anyone had this smooth purple tadpole pouch before?
submitted by No-Sheepherder-246 to Advice [link] [comments]
The kid never had a wet diaper for more than 2 minutes. I was just a follower now and just obeyed the process.I was to only work,and when home,wait for instruction(when it came to the child). Which I did so in compliance.The kid had started flash cards in their crib at 3 months. Never had bottled food or cereal as I was instructed to cook chicken,sweet potato,carrots and onions then blend it for their meals.And when it was time for bed ,we'd be sleeping together. All 3 of us, leaving no room or time for intimacy. Before the kid we were like rabbits on an island who didn't even bother to get dressed. But now it's just dirty and ick while the kid takes up our day and energy,as it should in my opinion. (Or groomed opinion).
She returned back to work,even got a sweet deal for our son even to go there. It was a much needed chapter for us,as it was all she talked about was having a kid.Mind you were this far now and haven't had any sex,and I just brush it off cause I kinda like catering to the kid and her. Then the unfortunate happens,she had a stroke in early 2023 that just crushed our world and took a devastating blow to us and our little "juice box" Kid's nickname.
It's been a year now since the stroke,and of course I'm not gonna even bring up sex.how dare I? Our insurance sucks, do all the care us left to me,and family. Family being the ones who stay with her when I'm at work.they just watch, they don't cook,or change her,move her.All physical,nutritional,medical needs are done by me,while also making sure the kid is well and cared for .it's been almost 3 years now,and never understood the "blue balls" theory until now.only problem is, I have like purple,and it's smooth at the bottom.wtf? I'm no scientist or physician,but NO dude has smooooth balls.i swear, if they get any smoother,the hairs will start self plucking at root.
I scheduled my first appointment ever with my pcp,and hope she can prescribe me with something because what's after purple? I didn't feel any pain or anything .but I need to seek a specialist or something,because some months to a year ago I had something very very weird happen to where I thought we were getting it on,only to have woke up,and realized it was just me and a morning mess.
I need help.tommorow is my scheduled doc visit.and I don't want to bring it up to the wife,as I needn't more stress on her.and I can't find any forums or FAQ of such. Has anyone had this smooth purple tadpole pouch before?
2024.05.14 19:11 ArachnidFun2671 Need info on IVF
Hello everyone,
I'm facing the possibility of undergoing IVF treatment, but I'm encountering challenges with my insurance coverage. I'm currently covered under my spouse's insurance with Aetna, but the coverage has changed significantly from last year to this year. Despite opting for a more comprehensive plan this year, most of my doctors are now out of network. Additionally, we've discovered that IVF treatment isn't covered at all, and paying for everything out of pocket is costly. I'm seeking information on the entire IVF process and its costs, both through health insurance and separately for IVF. My goal is to have tests covered by my health plan and treatment expenses covered out of pocket. Alternatively, I'm considering changing to my employer's insurance plan, which offers some coverage for IVF. However, changing plans at this time of year requires a significant life event, and while undergoing IVF is life-changing for me, I understand it may not be seen as such by insurance companies. I would greatly appreciate any ideas or suggestions.
submitted by ArachnidFun2671 to IVF [link] [comments]
I'm facing the possibility of undergoing IVF treatment, but I'm encountering challenges with my insurance coverage. I'm currently covered under my spouse's insurance with Aetna, but the coverage has changed significantly from last year to this year. Despite opting for a more comprehensive plan this year, most of my doctors are now out of network. Additionally, we've discovered that IVF treatment isn't covered at all, and paying for everything out of pocket is costly. I'm seeking information on the entire IVF process and its costs, both through health insurance and separately for IVF. My goal is to have tests covered by my health plan and treatment expenses covered out of pocket. Alternatively, I'm considering changing to my employer's insurance plan, which offers some coverage for IVF. However, changing plans at this time of year requires a significant life event, and while undergoing IVF is life-changing for me, I understand it may not be seen as such by insurance companies. I would greatly appreciate any ideas or suggestions.
2024.05.14 19:10 ArachnidFun2671 Need info on IVF
Hello everyone,
I'm facing the possibility of undergoing IVF treatment, but I'm encountering challenges with my insurance coverage. I'm currently covered under my spouse's insurance with Aetna, but the coverage has changed significantly from last year to this year. Despite opting for a more comprehensive plan this year, most of my doctors are now out of network. Additionally, we've discovered that IVF treatment isn't covered at all, and paying for everything out of pocket is costly. I'm seeking information on the entire IVF process and its costs, both through health insurance and separately for IVF. My goal is to have tests covered by my health plan and treatment expenses covered out of pocket. Alternatively, I'm considering changing to my employer's insurance plan, which offers some coverage for IVF. However, changing plans at this time of year requires a significant life event, and while undergoing IVF is life-changing for me, I understand it may not be seen as such by insurance companies. I would greatly appreciate any ideas or suggestions.
submitted by ArachnidFun2671 to IVF [link] [comments]
I'm facing the possibility of undergoing IVF treatment, but I'm encountering challenges with my insurance coverage. I'm currently covered under my spouse's insurance with Aetna, but the coverage has changed significantly from last year to this year. Despite opting for a more comprehensive plan this year, most of my doctors are now out of network. Additionally, we've discovered that IVF treatment isn't covered at all, and paying for everything out of pocket is costly. I'm seeking information on the entire IVF process and its costs, both through health insurance and separately for IVF. My goal is to have tests covered by my health plan and treatment expenses covered out of pocket. Alternatively, I'm considering changing to my employer's insurance plan, which offers some coverage for IVF. However, changing plans at this time of year requires a significant life event, and while undergoing IVF is life-changing for me, I understand it may not be seen as such by insurance companies. I would greatly appreciate any ideas or suggestions.
2024.05.14 19:08 Frequent-Ad-264 MSA C & R settlement proposal with CAREGUARD as an administrator
So, I hoped I was coming into the home stretch. But I find myself in a heads you lose, tails you lose sort of predicament. I previously posted about the attorney wanting me to attend a Zoom meeting with the insurance company attorney about the MSA. Apparently the Zoom meeting was held with the two opposing attorneys and two representatives from "CAREGUARD" about the MSA. The attorneys did attend and were given a presentation about CAREGUARD and what they do, by two representatives from this MSA administrator (a financial company). My attorney told me that he spent time, maybe 30 minutes, listening to the presentation by the representatives. He said he fought very hard to get the other side to agree with a lump sum, but they simply will not consider that. He also told me he was very impressed with the representatives from the MSA administration company.
When he told me about this presentation, I got a sinking feeling. I have attended many sales meetings in my career and it is pretty clear to me that this is a product being sold to the attorneys and the insurance company. Not to me and not for my benefit. I was tempted to ask him if they gave him some pens or something to be so enthusiastic about them. If I want to exit the WC system and be in charge of my own care, this is my only option, I am being told. I told the attorney, I would agree with this today, if I got to select the MSA administrator, he did not respond to that . I never asked for a lump sum.
It is very strange that they would spend this time to present this product. What they do, according to their flyer is give you a card and tell you to give it to the provider and it is like an insurance card. They distribute the funds, they get billed by the provider. You can go to any provider. So I am doing some research and I called some providers to see if they accept this arrangement. However, it is essentially hypothetical until I am signed up with the "service". Some places seem to accept this, but I won't know for sure until I agree to this arrangement. At that point I am stuck and if there are any bumps I will be out of luck for getting any care. The funds have to be depleted before I can use Medicare. At that point I would have to probably switch doctors because the billing will change from providers that accept this to Medicare providers. Oh so messy.
I have multiple concerns; 1. If they don't pay, or don't pay quickly enough, am I going to have to pay out of pocket? That is being reported by a number of people. 2. They have a provider network - which is weird. They say you can go to any doctor, but then they have this network. Why? 3. The provider can charge very high rates because they are going by WC prices, not Medicare prices. How can I avoid this? 4. If I move to another state or live outside of the US what happens to the funds? Can it follow me to another area for use for treatment of the injury? 5. They seem to take their time reporting funds depletion to Medicare. And they have to report it. Apparently, they would not take a report from me (with documentation), it would have to be from the MSA company. Is that correct? 6. What happens to those funds if they are not fully depleted, in say 5 or 10 years? If the reports I read from people using this system are true, there may be millions of dollars sitting in banks, who oversees this and how?
I have emailed the company and asked them if there is anyone I can contact or speak to about my specific situation. Honestly, this appears to me to be a ridiculous additional layer in our system that is designed to prevent individuals from receiving care and enriching 3rd parties for filling out forms. Some have reported that the company earns a percentage of the interest in the MSA account. The suggestion is that they are motivated to leave the funds in the account for their financial benefit. These are some of the experiences I found reported from others about this system and this company:
https://www.sitejabber.com/reviews/careguard.com#reviews
https://www.bbb.org/us/ma/burlington/profile/healthcare-management/ametros-0021-463074/customer-reviews
My attorney will not give me anything in writing about the settlement until I have agreed to it. He gave me a flyer from CAREGUARD, but no specifics about the settlement that I would be agreeing to. So I can't find out the details and how exactly this will work. I intend to ask him again, but I do not typically get a response when I ask them things in writing. So not holding out much hope for learning more. I do know what my option if I don't agree to the settlement. I think I also have the option of dismissing the attorney. Has anyone done that and how did it work out?
Tl/DR Anyone have experience with this company that they would be willing to share? How can I avoid the bad experience other people seem to have had (if I agree to the settlement)?
submitted by Frequent-Ad-264 to WorkersComp [link] [comments]
When he told me about this presentation, I got a sinking feeling. I have attended many sales meetings in my career and it is pretty clear to me that this is a product being sold to the attorneys and the insurance company. Not to me and not for my benefit. I was tempted to ask him if they gave him some pens or something to be so enthusiastic about them. If I want to exit the WC system and be in charge of my own care, this is my only option, I am being told. I told the attorney, I would agree with this today, if I got to select the MSA administrator, he did not respond to that . I never asked for a lump sum.
It is very strange that they would spend this time to present this product. What they do, according to their flyer is give you a card and tell you to give it to the provider and it is like an insurance card. They distribute the funds, they get billed by the provider. You can go to any provider. So I am doing some research and I called some providers to see if they accept this arrangement. However, it is essentially hypothetical until I am signed up with the "service". Some places seem to accept this, but I won't know for sure until I agree to this arrangement. At that point I am stuck and if there are any bumps I will be out of luck for getting any care. The funds have to be depleted before I can use Medicare. At that point I would have to probably switch doctors because the billing will change from providers that accept this to Medicare providers. Oh so messy.
I have multiple concerns; 1. If they don't pay, or don't pay quickly enough, am I going to have to pay out of pocket? That is being reported by a number of people. 2. They have a provider network - which is weird. They say you can go to any doctor, but then they have this network. Why? 3. The provider can charge very high rates because they are going by WC prices, not Medicare prices. How can I avoid this? 4. If I move to another state or live outside of the US what happens to the funds? Can it follow me to another area for use for treatment of the injury? 5. They seem to take their time reporting funds depletion to Medicare. And they have to report it. Apparently, they would not take a report from me (with documentation), it would have to be from the MSA company. Is that correct? 6. What happens to those funds if they are not fully depleted, in say 5 or 10 years? If the reports I read from people using this system are true, there may be millions of dollars sitting in banks, who oversees this and how?
I have emailed the company and asked them if there is anyone I can contact or speak to about my specific situation. Honestly, this appears to me to be a ridiculous additional layer in our system that is designed to prevent individuals from receiving care and enriching 3rd parties for filling out forms. Some have reported that the company earns a percentage of the interest in the MSA account. The suggestion is that they are motivated to leave the funds in the account for their financial benefit. These are some of the experiences I found reported from others about this system and this company:
https://www.sitejabber.com/reviews/careguard.com#reviews
https://www.bbb.org/us/ma/burlington/profile/healthcare-management/ametros-0021-463074/customer-reviews
My attorney will not give me anything in writing about the settlement until I have agreed to it. He gave me a flyer from CAREGUARD, but no specifics about the settlement that I would be agreeing to. So I can't find out the details and how exactly this will work. I intend to ask him again, but I do not typically get a response when I ask them things in writing. So not holding out much hope for learning more. I do know what my option if I don't agree to the settlement. I think I also have the option of dismissing the attorney. Has anyone done that and how did it work out?
Tl/DR Anyone have experience with this company that they would be willing to share? How can I avoid the bad experience other people seem to have had (if I agree to the settlement)?
2024.05.14 19:03 Glass-Focus5697 Grandfather visiting from overseas with medical emergency
My older brother recently got married and my grandfather on my mother's side, who has a long history of heart disease, visited from overseas on a 6-month visa. My mother, for some reason, decided not to buy him health insurance.
My father has repeatedly told him to take it easy and just rest, but he refuses to and we've caught him working in the garden. Last night, he started experiencing bad chest pain and congestion, and started having a really bad coughing fit that lasted through the night. He takes medication for his heart disease and it usually helps him, but this time it did nothing and he continued experiencing symptoms.
My parents are stuck on what to do at this point. They're taking him to the hospital today because they don't want to risk anything else, but we would have to pay completely out of pocket. If a procedure is required, we will probably have to pay millions of dollars out of pocket which would guarantee bankruptcy. My father told me it's too late to get him insurance now, because insurance companies usually have policies that prevent last-minute coverage like this.
Is there anything we can do to avoid paying a huge amount of money out of pocket??
submitted by Glass-Focus5697 to legaladvicecanada [link] [comments]
My father has repeatedly told him to take it easy and just rest, but he refuses to and we've caught him working in the garden. Last night, he started experiencing bad chest pain and congestion, and started having a really bad coughing fit that lasted through the night. He takes medication for his heart disease and it usually helps him, but this time it did nothing and he continued experiencing symptoms.
My parents are stuck on what to do at this point. They're taking him to the hospital today because they don't want to risk anything else, but we would have to pay completely out of pocket. If a procedure is required, we will probably have to pay millions of dollars out of pocket which would guarantee bankruptcy. My father told me it's too late to get him insurance now, because insurance companies usually have policies that prevent last-minute coverage like this.
Is there anything we can do to avoid paying a huge amount of money out of pocket??
2024.05.14 19:02 rickanderson123 A Guide to Choosing the Right Multi-Risk Travel Insurance Plan
Are you planning a dream trip but feeling a little anxious about what could go wrong? Potential risks involve lost luggage, medical emergencies, and trip cancellations. There's a lot that can throw a wrench in your trip plans. That's where multi risk travel insurance plays a vital role. But with so many options out there, how do you pick the right policy? Let’s explore how to do that below in this piece.
Travel Dates & Costs: Obviously, longer international trips with lots of pre-paid expenses require more comprehensive coverage compared to a cheap domestic weekend getaway.
Ages of Travelers: Let's be real, younger travelers may not need the same level of medical coverage as seniors exploring abroad. Know what makes sense for you.
Activities: Going scuba diving, rock climbing, or planning any other rad adventures? Double-check check they aren't excluded from coverage.
Compare, Compare, Compare: Don't just choose the first Multi Risk Travel Insurance plan you see. Insurance providers and coverage levels can vary drastically. Get quotes from a few different companies and read those policy docs thoroughly.
Website - https://multirisk.ca/
submitted by rickanderson123 to u/rickanderson123 [link] [comments]
What Even Is Multi-Risk Coverage?
Think of it as an umbrella protecting you from a lot of potential travel mishaps. Multi-risk policies bundle together coverages like:- Trip cancellation/interruption protection
- Emergency medical
- Baggage loss/delay
- Travel delay
- Rental car collision
Choosing Your Multi-Risk Travel Insurance Plan
So you know the tip - but how do you find the right plan that's just right for your trip? Well, start by evaluating a few key factors:Travel Dates & Costs: Obviously, longer international trips with lots of pre-paid expenses require more comprehensive coverage compared to a cheap domestic weekend getaway.
Ages of Travelers: Let's be real, younger travelers may not need the same level of medical coverage as seniors exploring abroad. Know what makes sense for you.
Activities: Going scuba diving, rock climbing, or planning any other rad adventures? Double-check check they aren't excluded from coverage.
Compare, Compare, Compare: Don't just choose the first Multi Risk Travel Insurance plan you see. Insurance providers and coverage levels can vary drastically. Get quotes from a few different companies and read those policy docs thoroughly.
Check The Fine Print
Speaking of policy documents, don't just skip them! Travel insurance has tons of rules, exclusions and limits hiding in the fine print. A few things to look out for:- Pre-existing condition coverage rules
- Deductible amounts for different coverages
- Exclusions for risky activities or destinations
- Reimbursement processes for claims
Website - https://multirisk.ca/
2024.05.14 19:00 _hmmm Doctor told me I’m at “the end of the road”
I’m so sorry for the long post. Please read if you can:
I can’t express the grief and sadness I feel. I’ve had 2 miscarriages. About 3-4 canceled FET cycles because thin lining (ranging between 6-7.5mm). Before this most recent cycle, the doctor had me take Oralissa for 2 months for Adenomyosis (which was a new diagnosis after 2-3 years of doctors staring into my uterus) but it didn’t help my lining, in fact, after Oralissa my lining was the thinnest its ever been (~4mm).
I had a phone call with him yesterday where he basically said that my thin lining “could be” because of my 2 D&C. He asked me a range of questions trying to see if I have an infection in my uterus, but my answers were no to all the symptoms. He wants me to take 2 weeks of antibiotics anyway, which is fine.
Although I’ve had two hysteroscopy, and a biopsy for endometritis which came back negative, he feels that looking at the pictures of my uterus, there are areas that look red and inflamed which he thinks indicates endometritis. As a result, his next line of action is to have me take the antibiotics for two weeks and then depo Lupron for three months to treat me for an infection, adenomyosis, and endometritis. However, I have only been formally diagnosed with adenomyosis and the other two he’s just speculating that I have and wants to treat it.
The doctor also suggested I take human growth hormone medication which he says is experimental and has shown preliminary effectiveness for thin lining. He highlighted that its purely experimental and insurance companies rarely if ever cover it.
Of course, I asked him why he didn’t see the “red inflamed” areas of my uterus prior to my last failed FET, to which he admitted that he didn’t look at the pictures and was going off of the previous doctor’s diagnosis, but now that he’s looking at it himself, he sees it…
So, hearing all this information had me feeling very overwhelmed and fearful. I asked the doctor what happens if this new regimen that he came up with is not effective for me, to which he answered, “well it would be the end of the road” and that generally speaking surrogacy would be the next option if this failed. He also ended the phone call by saying, “good luck.”
I hung up the phone and I just couldn’t believe that this will be it for me. I guess a part of me thought that if this doesn’t work there would be other options.
I feel so defeated, and truly, for the first time, I actually feel very scared that I won’t become a mother. I feel depressed and hopeless today.
submitted by _hmmm to IVF [link] [comments]
I can’t express the grief and sadness I feel. I’ve had 2 miscarriages. About 3-4 canceled FET cycles because thin lining (ranging between 6-7.5mm). Before this most recent cycle, the doctor had me take Oralissa for 2 months for Adenomyosis (which was a new diagnosis after 2-3 years of doctors staring into my uterus) but it didn’t help my lining, in fact, after Oralissa my lining was the thinnest its ever been (~4mm).
I had a phone call with him yesterday where he basically said that my thin lining “could be” because of my 2 D&C. He asked me a range of questions trying to see if I have an infection in my uterus, but my answers were no to all the symptoms. He wants me to take 2 weeks of antibiotics anyway, which is fine.
Although I’ve had two hysteroscopy, and a biopsy for endometritis which came back negative, he feels that looking at the pictures of my uterus, there are areas that look red and inflamed which he thinks indicates endometritis. As a result, his next line of action is to have me take the antibiotics for two weeks and then depo Lupron for three months to treat me for an infection, adenomyosis, and endometritis. However, I have only been formally diagnosed with adenomyosis and the other two he’s just speculating that I have and wants to treat it.
The doctor also suggested I take human growth hormone medication which he says is experimental and has shown preliminary effectiveness for thin lining. He highlighted that its purely experimental and insurance companies rarely if ever cover it.
Of course, I asked him why he didn’t see the “red inflamed” areas of my uterus prior to my last failed FET, to which he admitted that he didn’t look at the pictures and was going off of the previous doctor’s diagnosis, but now that he’s looking at it himself, he sees it…
So, hearing all this information had me feeling very overwhelmed and fearful. I asked the doctor what happens if this new regimen that he came up with is not effective for me, to which he answered, “well it would be the end of the road” and that generally speaking surrogacy would be the next option if this failed. He also ended the phone call by saying, “good luck.”
I hung up the phone and I just couldn’t believe that this will be it for me. I guess a part of me thought that if this doesn’t work there would be other options.
I feel so defeated, and truly, for the first time, I actually feel very scared that I won’t become a mother. I feel depressed and hopeless today.
2024.05.14 18:59 lita_atx Help with housing and food costs after medical emergency drained savings!
Last fall I left my awful day job to freelance, with enough money saved to last for four months even if I wasn't getting income from my freelancing. Unfortunately, less than two weeks after my last day, on a sunny afternoon, I went out for a bike ride and woke up in an ambulance after a driver in a car turned through the bike lane I was in. My shoulder was dislocated and suffered a fracture of the "greater tuberosity," which is the ball of bone where your arm inserts into the shoulder joint. This is also where part of the rotator cuff attaches, so I dealt with a lot of muscle issues as well.
With two ER visits in a week, plus the ambulance bill, multiple rounds of x-rays, and physical therapy costing $270/week for months, my savings was drained super quickly despite having health insurance. I was also forced to cut back my work due to limited use of my arm and daily pain for a long time. I am now back to full work capacity but am still working back to the level I'd been at before after needing to step back to recover.
My bike is my only transportation, so I'm unable to do the typical side hustles like Uber, food delivery, etc. I am working towards getting full payment from insurance companies involved, but I do not know how long that process will take if they decided to drag their feet. In the meantime, I am $200 short on my rent for June and haven't been able to afford groceries in a month. (I'm hungry but not starving thanks to having homemade food in the freezer to tide me over.)
GFM link: https://www.gofundme.com/f/pay-medical-bills-after-collision (does have injury photos but nothing super graphic) X-Rays and ambulance bill (currently on a payment plan since insurance won't cover any of it due to being "out of network") with personal information blocked out: https://imgur.com/a/udQukVd
The GFM goal is higher than I need by the end of the month, as right now I am hoping to raise $300 for immediate expenses. I'm delaying bills but can't do the same with rent.
submitted by lita_atx to gofundme [link] [comments]
With two ER visits in a week, plus the ambulance bill, multiple rounds of x-rays, and physical therapy costing $270/week for months, my savings was drained super quickly despite having health insurance. I was also forced to cut back my work due to limited use of my arm and daily pain for a long time. I am now back to full work capacity but am still working back to the level I'd been at before after needing to step back to recover.
My bike is my only transportation, so I'm unable to do the typical side hustles like Uber, food delivery, etc. I am working towards getting full payment from insurance companies involved, but I do not know how long that process will take if they decided to drag their feet. In the meantime, I am $200 short on my rent for June and haven't been able to afford groceries in a month. (I'm hungry but not starving thanks to having homemade food in the freezer to tide me over.)
GFM link: https://www.gofundme.com/f/pay-medical-bills-after-collision (does have injury photos but nothing super graphic) X-Rays and ambulance bill (currently on a payment plan since insurance won't cover any of it due to being "out of network") with personal information blocked out: https://imgur.com/a/udQukVd
The GFM goal is higher than I need by the end of the month, as right now I am hoping to raise $300 for immediate expenses. I'm delaying bills but can't do the same with rent.
2024.05.14 18:58 Clockwerk5 Job offer from Pharmaceutical company
It’s an entry level job, no qualifications needed. Job is a Production operator. The wage isn’t great. It’s €13.80 an hour for the day shift & a premium of 30% extra for the night shifts which roughly brings it to about €17/18 an hour for nights. The work is 12 hour shifts days & nights and does include weekends too. It’s done on a rotation of every 2 weeks so days first and then nights each month.
The perks included with this are life assurance, health insurance & a pension scheme.
I know people often say that there is good opportunity to move up in pharmaceutical companies after a few years but is it worth doing 12 hour shifts days & nights at that wage for a number of years? I’m a 26 year old living at home no major commitments. I also had considered college.
submitted by Clockwerk5 to PharmaEire [link] [comments]
The perks included with this are life assurance, health insurance & a pension scheme.
I know people often say that there is good opportunity to move up in pharmaceutical companies after a few years but is it worth doing 12 hour shifts days & nights at that wage for a number of years? I’m a 26 year old living at home no major commitments. I also had considered college.
2024.05.14 18:58 ctrlx-altf4 Offer from Banglore office what to do?
Was working on two companies, both fully remote. But the contract with one of them (the banglore one) is ending in next two months. Interesting part is they offered me full time position if I can go to banglore and work from office 3 times a week.
The other company is a unicorn company, properly managed and I have enough free time and have lots of learning opportunities but I dont have good impressions there and I Know I wont grow in better position there and even the salary wont increase by much each year.
Both of the salary would come as remittances earlier and the deduction was just 5%. Now the Banglore office has offered a better package and if I deduct all the applicable taxes it would be about 40K (NPR) more than what the other company is currently paying. If I factor in living expenses which would sure be more than what I am spending in Kathmandu, I feel there wont be difference in the salary by the banglore office and other one.
There are added benefits like insurance, stock options, other internet and phone expenses provided by the banglore office and I would be joining there in a senior position and would be one of the lead. There are clear benefits here.
The other office is a very large company and I am learning newer architectures and newer stuffs everyday and all of the developers are senior to me and hence I have trmendous learning opportunities here.
Disadvantage of moving to banglore would be starting everything from scratch. Other benefits would be , I can explore other tech companies there than here in kathmandu.
What would you do? Any recommendations.
submitted by ctrlx-altf4 to technepal [link] [comments]
The other company is a unicorn company, properly managed and I have enough free time and have lots of learning opportunities but I dont have good impressions there and I Know I wont grow in better position there and even the salary wont increase by much each year.
Both of the salary would come as remittances earlier and the deduction was just 5%. Now the Banglore office has offered a better package and if I deduct all the applicable taxes it would be about 40K (NPR) more than what the other company is currently paying. If I factor in living expenses which would sure be more than what I am spending in Kathmandu, I feel there wont be difference in the salary by the banglore office and other one.
There are added benefits like insurance, stock options, other internet and phone expenses provided by the banglore office and I would be joining there in a senior position and would be one of the lead. There are clear benefits here.
The other office is a very large company and I am learning newer architectures and newer stuffs everyday and all of the developers are senior to me and hence I have trmendous learning opportunities here.
Disadvantage of moving to banglore would be starting everything from scratch. Other benefits would be , I can explore other tech companies there than here in kathmandu.
What would you do? Any recommendations.
2024.05.14 18:54 Endjinnbeats Car Insurance lapsed for 1 day and i had a policy with way less coverage for 2 days (3 total) am I cooked?
Friday night i accidentally let me insurance lapse trying to pay it at the last minute, to re instate the policy the next day i had to change coverage from a 1k deductible to 2500 just to get insured as i didnt have enough $$$ to re instate my lapsed policy.
Monday morning i purchased new insurance with adequate or better coverage active starting today, my question is how much did i screw myself?
Will my auto finance company cole repossess my car for having inadequate insurance for such a short time? I live im Colorado and the law doesnt seem to be as bad as california or other states regarding the finance companies right to do so.
Will the dmv be sending me a ticket in the mail for not having insurance for a day?
submitted by Endjinnbeats to personalfinance [link] [comments]
Monday morning i purchased new insurance with adequate or better coverage active starting today, my question is how much did i screw myself?
Will my auto finance company cole repossess my car for having inadequate insurance for such a short time? I live im Colorado and the law doesnt seem to be as bad as california or other states regarding the finance companies right to do so.
Will the dmv be sending me a ticket in the mail for not having insurance for a day?
2024.05.14 18:53 NotHarveyKeitel Should I let this construction company file a Mechanic's Lien on my house?
I'm in Minnesota. There was damage to our house from a hail storm last August. We were solicited by a construction company to fix the damage, where they would work with our insurance company and the only thing we would have to pay is our deductible. The damage was: roof, windows, interior damage from leaking, garage door, gutters.
When the construction company/general contractor (GC) got into it, they said that there was more damage to the roof and windows than our insurance company (IC) was providing funds for. The GC and IC couldn't come to an agreement, so our GC told us that it would need to go to appraisal. The GC provided us with the appraiser they use in these situations and told us everything we should communicate to our IC. We made sure to get a supplement to our contract with the GC to ensure we would not have to pay for the appraiser. An award was given from that appraisal and the GC seemed happy with the result.
The GC then scheduled a subcontractor to do the work on the interior damage (drywall/etc.). When that subcontractor came, he said there was much more damage than what was provided in the scope of the claim, about $3,000, so he went back and worked out a new estimate/invoice with the GC, about $10,000, and then the GC and I went to our IC to get an addendum to the claim. Our IC refused, saying they wouldn't allow any addendums. The GC said this was odd since it's fairly standard to get addendums when additional damage is found. The GC suggested I talk with my IC agent to see if he could help.
I did that, and my agent seemed confident that an addendum would be possible and he went off to talk to the claims department. When he finally came back, he said he was previously confident because he didn't realize an appraisal was done, and that since the appraisal was done everything awarded in it was now set in stone. Since only $3,000 was awarded in the appraisal for the interior work, that's what we have to work with.
Our GC has now sent us an invoice for the balance due for work completed (roof and windows), but I explained if we paid them that invoice in full ($33,000) we would not have enough money to fix the interior damage (we only have $38,000 left from the claim money). He said that doesn't matter, you need to pay for work we've completed. We offered to put the money that's supposed to go towards the garage door and gutter replacements towards the interior work since the former is only superficial dings/etc and that the interior damage is more important to get fixed. They also talked to the drywall subcontractor and he was willing to come down too, but we were still $3,000 apart.
I asked why we were expected to pay for this out of pocket when we were only supposed to have to pay our deductible, and the GC said it's not their fault the appraiser didn't come on site to inspect the interior damage. I said it was the GC that said to do an appraisal and to use this appraiser, and we were never asked to coordinate anything so it should fall to the GC to make sure that happens. The documents the GC sent us from the appraiser also states the GC should be onsite with the appraiser when the appraisal happens. The appraisal also awarded some Overhead and Profit, and I suggested the $3,000 that we're apart should come from that since it was a failure in coordination which what Overhead is supposed to be. The GC said there was no O&P awarded in the appraisal, so I screenshotted where the appraisal award states that, and he replied he's not going to argue with me anymore about it, and that we need to pay for work done or "next steps" will be taken.
The only recourse the GC has suggested for us is to file a claim with the state commissioner. Our IC agent was skeptical this would do anything since everything the IC has done is above board.
The Payment Terms in our contract says that we need to pay them the initial insurance check plus the deductible upon delivery of materials, and then the balance is due upon completion of the work. I replied to their invoice email saying that work has not been completed since there's still the interior, garage door, and gutter work that is not done yet. They said they only invoiced for work they've done (true), and that they don't do everything listed on the claim, that they are an exterior construction company that does roof and window work, and don't do that other work. They work with our IC to get monies for us to so we can have that work done. That we need to pay the invoice for work done or penalties, interest, and liens will be issued.
I said their contract says that they will fix all damages laid out in the insurance claim, quoting back their contract to them that says:
"By signing this contract, you authorize [GC] to discuss the damage to your real property with your insurance company for the purpose of coming to an agreement on project scope and price. Upon agreement by [GC] to the scope and price as defined on the insurance loss statement provided by your insurance company, you authorize [GC] to complete the replacement of said damaged property with ~no additional cost to you except for the insurance deductible,~ subject to terms and conditions on the reverse side. Payments will be made as outlined above.
ADDITIONAL TERMS - Page 2
I spoke with the appraiser and asked why an onsite inspection wasn't done so the interior damage could have been inspected and a appropriate award given for the damage. He said that even if the appraisal was done onsite, he would not have been able to award any more money than the $3,000 because the bid the GC put in for the appraisal only had $3,000 for the inside work. He's legally not able to award more than that bid the GC gave him.
So to me, it sounds like the GC made the mistake of asking for an appraisal without first getting an accurate estimate of the inside work, and because of that, we are stuck with only $3,000 for the inside work when it'll cost $10,000 to complete.
The contract says that we can pay contractors to complete work and deduct that cost from the contract price. The email from them discussing the invoice also says as much, that we can use the claim money to get the work done ourselves.
So I was thinking about saying we will do the rest of the work ourselves, and subtracting from the contract price ($85,000 that was awarded in the appraisal) the garage and gutter work that's in the claim, plus the interior estimate that the GC worked out with the subcontractor ($10,000), leaving a balance of $25,000 instead of the $33,000 they invoiced for. I'd send this check in the mail and consider the project with them complete.
I assume they'll file a Mechanic's Lien after that and will have to sue us in civil court to enforce it, and after researching it looks like I don't need an attorney in Conciliation or District Court to defend myself in MN. I feel fairly confident in presenting my side of things before a judge. The only concern I have right now is if the judge decides in favor of the GC and we have to pay for the GC's attorney fees. Otherwise I'm fine leaving this to a judge to decide. I understand where the GC is coming from, that they want to be paid for the work they've done, but to me it seems like it was their mistake that got us in this situation, and we're entitled to have our house's damage repaired just as much as they are entitled to being paid for work done.
What advice would you give me in this situation? Should I follow through with paying them $25,000 and allow them to file a lien? How much in attorney fees would you guess I'd be on the hook for if the GC wins before a judge? Is there a better option for me to take?
submitted by NotHarveyKeitel to legaladvice [link] [comments]
When the construction company/general contractor (GC) got into it, they said that there was more damage to the roof and windows than our insurance company (IC) was providing funds for. The GC and IC couldn't come to an agreement, so our GC told us that it would need to go to appraisal. The GC provided us with the appraiser they use in these situations and told us everything we should communicate to our IC. We made sure to get a supplement to our contract with the GC to ensure we would not have to pay for the appraiser. An award was given from that appraisal and the GC seemed happy with the result.
The GC then scheduled a subcontractor to do the work on the interior damage (drywall/etc.). When that subcontractor came, he said there was much more damage than what was provided in the scope of the claim, about $3,000, so he went back and worked out a new estimate/invoice with the GC, about $10,000, and then the GC and I went to our IC to get an addendum to the claim. Our IC refused, saying they wouldn't allow any addendums. The GC said this was odd since it's fairly standard to get addendums when additional damage is found. The GC suggested I talk with my IC agent to see if he could help.
I did that, and my agent seemed confident that an addendum would be possible and he went off to talk to the claims department. When he finally came back, he said he was previously confident because he didn't realize an appraisal was done, and that since the appraisal was done everything awarded in it was now set in stone. Since only $3,000 was awarded in the appraisal for the interior work, that's what we have to work with.
Our GC has now sent us an invoice for the balance due for work completed (roof and windows), but I explained if we paid them that invoice in full ($33,000) we would not have enough money to fix the interior damage (we only have $38,000 left from the claim money). He said that doesn't matter, you need to pay for work we've completed. We offered to put the money that's supposed to go towards the garage door and gutter replacements towards the interior work since the former is only superficial dings/etc and that the interior damage is more important to get fixed. They also talked to the drywall subcontractor and he was willing to come down too, but we were still $3,000 apart.
I asked why we were expected to pay for this out of pocket when we were only supposed to have to pay our deductible, and the GC said it's not their fault the appraiser didn't come on site to inspect the interior damage. I said it was the GC that said to do an appraisal and to use this appraiser, and we were never asked to coordinate anything so it should fall to the GC to make sure that happens. The documents the GC sent us from the appraiser also states the GC should be onsite with the appraiser when the appraisal happens. The appraisal also awarded some Overhead and Profit, and I suggested the $3,000 that we're apart should come from that since it was a failure in coordination which what Overhead is supposed to be. The GC said there was no O&P awarded in the appraisal, so I screenshotted where the appraisal award states that, and he replied he's not going to argue with me anymore about it, and that we need to pay for work done or "next steps" will be taken.
The only recourse the GC has suggested for us is to file a claim with the state commissioner. Our IC agent was skeptical this would do anything since everything the IC has done is above board.
The Payment Terms in our contract says that we need to pay them the initial insurance check plus the deductible upon delivery of materials, and then the balance is due upon completion of the work. I replied to their invoice email saying that work has not been completed since there's still the interior, garage door, and gutter work that is not done yet. They said they only invoiced for work they've done (true), and that they don't do everything listed on the claim, that they are an exterior construction company that does roof and window work, and don't do that other work. They work with our IC to get monies for us to so we can have that work done. That we need to pay the invoice for work done or penalties, interest, and liens will be issued.
I said their contract says that they will fix all damages laid out in the insurance claim, quoting back their contract to them that says:
"By signing this contract, you authorize [GC] to discuss the damage to your real property with your insurance company for the purpose of coming to an agreement on project scope and price. Upon agreement by [GC] to the scope and price as defined on the insurance loss statement provided by your insurance company, you authorize [GC] to complete the replacement of said damaged property with ~no additional cost to you except for the insurance deductible,~ subject to terms and conditions on the reverse side. Payments will be made as outlined above.
ADDITIONAL TERMS - Page 2
- Performance Guidelines. Contractor agrees to complete the Work set forth in this Contract in accordance with manufacturers' specifications for installation of all materials and all applicable construction codes. You acknowledge receipt before signing this Contract of these Performance Guidelines as required by Minnesota Statute 326B.809(b)."
I spoke with the appraiser and asked why an onsite inspection wasn't done so the interior damage could have been inspected and a appropriate award given for the damage. He said that even if the appraisal was done onsite, he would not have been able to award any more money than the $3,000 because the bid the GC put in for the appraisal only had $3,000 for the inside work. He's legally not able to award more than that bid the GC gave him.
So to me, it sounds like the GC made the mistake of asking for an appraisal without first getting an accurate estimate of the inside work, and because of that, we are stuck with only $3,000 for the inside work when it'll cost $10,000 to complete.
The contract says that we can pay contractors to complete work and deduct that cost from the contract price. The email from them discussing the invoice also says as much, that we can use the claim money to get the work done ourselves.
So I was thinking about saying we will do the rest of the work ourselves, and subtracting from the contract price ($85,000 that was awarded in the appraisal) the garage and gutter work that's in the claim, plus the interior estimate that the GC worked out with the subcontractor ($10,000), leaving a balance of $25,000 instead of the $33,000 they invoiced for. I'd send this check in the mail and consider the project with them complete.
I assume they'll file a Mechanic's Lien after that and will have to sue us in civil court to enforce it, and after researching it looks like I don't need an attorney in Conciliation or District Court to defend myself in MN. I feel fairly confident in presenting my side of things before a judge. The only concern I have right now is if the judge decides in favor of the GC and we have to pay for the GC's attorney fees. Otherwise I'm fine leaving this to a judge to decide. I understand where the GC is coming from, that they want to be paid for the work they've done, but to me it seems like it was their mistake that got us in this situation, and we're entitled to have our house's damage repaired just as much as they are entitled to being paid for work done.
What advice would you give me in this situation? Should I follow through with paying them $25,000 and allow them to file a lien? How much in attorney fees would you guess I'd be on the hook for if the GC wins before a judge? Is there a better option for me to take?
2024.05.14 18:51 Rare_Mud_6926 Totaled Car - Pain & Suffering
TLDR Version: I need clarification on my total loss situation. I was involved in a car accident in Illinois, where I am not at fault. My car has been deemed totaled, and the damage exceeds what I paid for it new. I provided the other party's insurance company with information for a higher valuation, as I had recently made repairs and added features to my car. However, I'm not satisfied with their second offer, which has only increased by $400. I also want to address the impact on my partner and myself. We didn't sustain major injuries but sought medical care for pain and swelling. My partner has been offered chiropractor care and cash by the insurance company. I have anxiety, which has resurfaced after the accident, that and lack of a vehicle is affecting my ability to attend important upcoming events and work my second job. I've consulted with lawyers, but I'm unsure of the best course of action as they are not following up with me.
FULL Version: Hi all I’m hoping to get some clarification on how to go about my total loss. I’ve never been in this position before thankfully but need some guidance. I am located in Illinois dealing with Geico (other party) and Farmers Insurance (mine).
My partner and I were involved in a car accident last week. Not at fault, however, the damage to my car far surpasses what I even paid for it new so it has been deemed totaled. I provided the other parties insurance company with information for a higher valuation after they came back with the first one as I had some repairs done 6 days before the accident with new breaks, new fog lights, and AC repair. And then within the last couple of years I added a Sony head unit for Apple/android CarPlay and backup camera plus tinting all the windows and new tires.
I understand they can’t pay me out retail value to replace my car (which is total bs if not at fault IMO) and it would cost me double what they are offering me to get the exact same model year and close in miles to what my car had with less features. I’m not happy with their second offer increasing only by $400
I’m sorry this is a little long but I figured details would be important. We didn’t have any major injuries so we are lucky in that regard. My partner and I were both seen by immediate care a couple of days after the accident as pain was settling in for both of us. Nothing broken but just swelling in my neck muscles from what they could see. I was referred to an orthopedic surgeon for further evaluation but the doctor didn’t seem too concerned about anything major being an issue. Insurance offered my partner $5000 in chiropractor care and $1200 cash. He’s held off on responding until I get something through to them.
I have anxiety and before the accident it was well managed. Since the accident I’ve had panic attacks again. I’ve been speaking with my therapist and working on getting back on track. I don’t take meds anymore for anxiety as it was well managed prior to this accident. I have so many once in a lifetime events coming up the next month I’d have to miss not having my car and also missing wages from my second job. I’m fortunate enough my main job is from home 100%.
I’ve tried to get opinions from some lawyers on what I should ask for, for this type of thing as it’s not something you can really put a price on. Or how to even calculate out a monetary amount but my case, I have a feeling isn’t something someone would take or it wouldn’t be worth taking. So that’s why I’m here for guidance. I’ve written a professional letter to send to the insurance company along with a letter from my therapist outlining my anxiety and panic attacks, doctors notes about the physical injuries, and the announcements/invitations for the events I’m missing. Also I have documentation of pay from both of my jobs.
submitted by Rare_Mud_6926 to Insurance [link] [comments]
FULL Version: Hi all I’m hoping to get some clarification on how to go about my total loss. I’ve never been in this position before thankfully but need some guidance. I am located in Illinois dealing with Geico (other party) and Farmers Insurance (mine).
My partner and I were involved in a car accident last week. Not at fault, however, the damage to my car far surpasses what I even paid for it new so it has been deemed totaled. I provided the other parties insurance company with information for a higher valuation after they came back with the first one as I had some repairs done 6 days before the accident with new breaks, new fog lights, and AC repair. And then within the last couple of years I added a Sony head unit for Apple/android CarPlay and backup camera plus tinting all the windows and new tires.
I understand they can’t pay me out retail value to replace my car (which is total bs if not at fault IMO) and it would cost me double what they are offering me to get the exact same model year and close in miles to what my car had with less features. I’m not happy with their second offer increasing only by $400
I’m sorry this is a little long but I figured details would be important. We didn’t have any major injuries so we are lucky in that regard. My partner and I were both seen by immediate care a couple of days after the accident as pain was settling in for both of us. Nothing broken but just swelling in my neck muscles from what they could see. I was referred to an orthopedic surgeon for further evaluation but the doctor didn’t seem too concerned about anything major being an issue. Insurance offered my partner $5000 in chiropractor care and $1200 cash. He’s held off on responding until I get something through to them.
I have anxiety and before the accident it was well managed. Since the accident I’ve had panic attacks again. I’ve been speaking with my therapist and working on getting back on track. I don’t take meds anymore for anxiety as it was well managed prior to this accident. I have so many once in a lifetime events coming up the next month I’d have to miss not having my car and also missing wages from my second job. I’m fortunate enough my main job is from home 100%.
I’ve tried to get opinions from some lawyers on what I should ask for, for this type of thing as it’s not something you can really put a price on. Or how to even calculate out a monetary amount but my case, I have a feeling isn’t something someone would take or it wouldn’t be worth taking. So that’s why I’m here for guidance. I’ve written a professional letter to send to the insurance company along with a letter from my therapist outlining my anxiety and panic attacks, doctors notes about the physical injuries, and the announcements/invitations for the events I’m missing. Also I have documentation of pay from both of my jobs.
2024.05.14 18:50 Itchy-Highlight8024 Home Loan
Recieved a call from somone saying i didnt have a property insurance on which i have taken a home loan.
Ny home loan is in sbi i feel like this is some company who is trying to sell me a policy.
Is it mandatory to have property insurance? I remember in my last home loan from hdfc i did not require anything like that.
submitted by Itchy-Highlight8024 to AskIndia [link] [comments]
Ny home loan is in sbi i feel like this is some company who is trying to sell me a policy.
Is it mandatory to have property insurance? I remember in my last home loan from hdfc i did not require anything like that.
2024.05.14 18:48 Flimsy_Performance75 Who’s in the wrong here ?
 | Hi guys so I have i a dash cam video of a little incident that happened back in November. I was doing my delivery route for Amazon flex and I was about to take a left, then a quick right as you can see in the video. The guy in the black car was really really far off when I first looked so I knew I had more than enough time to turn into the right most lane and take that right, but in a split second the guy appears next to my car as I’m taking that right and thank god I noticed him last second. I was in shock at first and kept driving down the road to where I parked and the guy came out screaming it was my fault for not seeing him when I clearly did but something tells me he was just speeding and didn’t pay attention to the road for a split second. You can see I was in the right most lane already but his car is lightly over the right shoulder line. Like he could of just get in the lane and easily pass me like any other driver would. The most beautiful thing is that the damage wasn’t even bad it literally came off with paint remover so I only put in a a claim but never went through with it but apparently he did and they are trying to charge me 2,500 for a scratch in at a insurance company. submitted by Flimsy_Performance75 to Crash [link] [comments] |
2024.05.14 18:42 ImaginationTop5017 Fair Counteroffer for Pain and Suffering
TL;DR Partner and I were involved in a car accident last year. We were fully stopped at a red light when two cars collided and smashed us at full speed. Accident was serve enough to deem all three cards totaled. We submitted Bodily Injury claim for my partner. We received ~$3000 in Pain and Suffering. Need help estimating a fair counteroffer.
Details below: Injuries: my partner had a concussion without loss of consciousness. His head, neck, and back were smashed. No broken bones. He went to the ER after the accident and had scans done. He was referred to physical therapy by a Primary Care Provider. After attending 6 physical therapy sessions, range of motion improved, but he is still suffering from pain 6 months later. After 2 months of physical therapy, he stopped as he was no longer benefiting from it and it was causing work interruptions, and continued doing PT exercise at home. He is having difficulty sleeping, and was not able to lift weights or engage in sports for all this period. Total medical bills is around $10,000 (mainly due to the high ER bill) which was covered by the car insurance Medical Coverage and personal health insurance. I was in the car too and suffered from minor injuries from the shattered glass and I was too afraid to drive for two months following the accident. Insurance company denied a bodily injury claim for me as I did not go to the EPCP, which, although inconvenient, is understandable.
Based on the medical treatment he received, they are offering a little less than $3000 in pain and suffering, and covered his lost wages for 3 days. However, we want to negotiate this offer as they did not fully take into account his current situation and the ongoing impact of the accident. Once we gave them more information, they acknowledged the impact of the accident on his daily life and have asked us to make a counteroffer.
Our hope is not to take advantage of the insurance company and try to benefit from this awful accident. However, we want to be fair to ourselves too. I understand insurance company cannot make us whole. However, we feel that $3000 is very low considering the pain he went through and the uncertainty of future recovery and this justifies a higher compensation. We are concerned that issues with neck and back can sometimes reappear years later and we will be left on our own once the claim is closed. I would appreciate your thoughts on a fair counteroffer amount? Note: We feel that perusing a lawyer at this stage is already late. This was our first car accident and weren't aware of the correct course of action early on. Thank you!
submitted by ImaginationTop5017 to Insurance [link] [comments]
Details below: Injuries: my partner had a concussion without loss of consciousness. His head, neck, and back were smashed. No broken bones. He went to the ER after the accident and had scans done. He was referred to physical therapy by a Primary Care Provider. After attending 6 physical therapy sessions, range of motion improved, but he is still suffering from pain 6 months later. After 2 months of physical therapy, he stopped as he was no longer benefiting from it and it was causing work interruptions, and continued doing PT exercise at home. He is having difficulty sleeping, and was not able to lift weights or engage in sports for all this period. Total medical bills is around $10,000 (mainly due to the high ER bill) which was covered by the car insurance Medical Coverage and personal health insurance. I was in the car too and suffered from minor injuries from the shattered glass and I was too afraid to drive for two months following the accident. Insurance company denied a bodily injury claim for me as I did not go to the EPCP, which, although inconvenient, is understandable.
Based on the medical treatment he received, they are offering a little less than $3000 in pain and suffering, and covered his lost wages for 3 days. However, we want to negotiate this offer as they did not fully take into account his current situation and the ongoing impact of the accident. Once we gave them more information, they acknowledged the impact of the accident on his daily life and have asked us to make a counteroffer.
Our hope is not to take advantage of the insurance company and try to benefit from this awful accident. However, we want to be fair to ourselves too. I understand insurance company cannot make us whole. However, we feel that $3000 is very low considering the pain he went through and the uncertainty of future recovery and this justifies a higher compensation. We are concerned that issues with neck and back can sometimes reappear years later and we will be left on our own once the claim is closed. I would appreciate your thoughts on a fair counteroffer amount? Note: We feel that perusing a lawyer at this stage is already late. This was our first car accident and weren't aware of the correct course of action early on. Thank you!
2024.05.14 18:40 Professional_Disk131 The Benefits of Investing in Gold: Why It’s a Good Decision
 | In the vast universe of investment opportunities, gold stands out not just for its glitter but for its enduring value and historical significance. The allure of gold has not diminished over the centuries; instead, it has woven itself into the fabric of financial stability and wealth preservation. Herein, we delve into why investing in gold is not only a prudent decision but one that could safeguard your financial future in ways that other assets cannot. submitted by Professional_Disk131 to Wealthsimple_Penny [link] [comments] Why Investing in Gold is a Good Decision The decision to include gold in one’s investment portfolio is driven by several compelling factors. First and foremost, gold is universally recognized for its intrinsic value. Unlike paper currency, whose value can be eroded by inflation or government policies, gold’s worth is not tied to the performance of a particular economy. This unique characteristic makes it a sought-after asset for those looking to preserve their wealth over time. Moreover, the resilience of gold becomes particularly evident during periods of market volatility. When stocks and bonds are buffeted by the storms of financial markets, gold often remains a beacon of stability. Its price movements are not directly correlated with those of other assets, making it an excellent tool for diversification. This uncorrelated behavior is a testament to gold’s standing as a safe haven in times of economic uncertainty. Lastly, the liquidity of gold is another factor that contributes to its attractiveness as an investment. Gold can be easily bought or sold in various forms, from physical bars and coins to gold-backed exchange-traded funds (ETFs). This ease of transaction ensures that investors can quickly adjust their positions in response to changing economic conditions, enhancing gold’s appeal as a versatile asset. https://preview.redd.it/gwqvievb7f0d1.png?width=988&format=png&auto=webp&s=a9a06742c9ad2a1a66bf34036b9c606c86a504d7 Historical Performance of Gold as an Investment The historical performance of gold is a testament to its enduring value and appeal as an investment. Over the centuries, gold has not only preserved wealth but, in many instances, has significantly appreciated in value. This long-term appreciation is particularly notable when compared to other assets that may depreciate due to technological advancements or changes in consumer preferences. During periods of high inflation, gold has historically outperformed other investments. Its value tends to rise when the purchasing power of fiat currencies declines, thereby providing a hedge against inflation. This characteristic was notably evident during the 1970s, a decade marked by high inflation, during which gold prices surged. Furthermore, gold’s performance during economic downturns has reinforced its reputation as a safe haven. In the aftermath of the 2008 financial crisis, for example, investors flocked to gold, driving up its price. This flight to safety highlighted gold’s role as a stabilizing force amidst economic turmoil. Hedge Against Inflation and Economic Downturns One of the most compelling reasons to invest in gold is its ability to act as a hedge against inflation and economic downturns. Inflation erodes the purchasing power of money, diminishing the real value of cash holdings and fixed-income investments such as bonds. Gold, however, maintains its purchasing power over the long term. As the cost of goods and services increases, so does the price of gold, thereby preserving the value of investors’ holdings. In addition to its inflation-hedging properties, gold offers protection during economic downturns. During such times, investors often lose confidence in traditional assets like stocks and bonds. The uncertainty that pervades financial markets during recessions drives investors toward safer assets, and gold is frequently the beneficiary of this shift in sentiment. Its ability to maintain value when other assets are declining is a crucial reason why gold is considered a cornerstone of a well-diversified portfolio. https://preview.redd.it/hxufinic7f0d1.png?width=988&format=png&auto=webp&s=f382c4847f58aafb43f213fc8b2992512ff6dfcb Diversification in Your Investment Portfolio Diversification is a fundamental principle of investing aimed at reducing risk. By spreading investments across different asset classes, investors can mitigate the impact of a poor performance by any single asset. Gold plays a vital role in this diversification strategy due to its low correlation with other financial assets. Including gold in a portfolio can reduce volatility and improve returns over the long term. Studies have shown that portfolios containing a mix of stocks, bonds, and gold have outperformed those without gold, particularly during times of market stress. This diversification benefit is a key reason why financial advisors often recommend allocating a portion of an investment portfolio to gold. Tangible Value and Stability of Gold Gold’s tangible nature is another factor that contributes to its appeal as an investment. Unlike digital assets or paper money, gold is a physical substance that has been valued by human societies for millennia. This tangible value provides a sense of security and permanence that is unmatched by many other investments. The stability of gold is also reflected in its supply. Gold cannot be produced at the same pace as paper money or digital currencies, which central banks can create at will. The limited supply of gold, combined with its enduring demand, underpins its value and makes it a stable investment over the long term. Protection Against Currency Devaluation Currency devaluation is a risk that affects all investors, regardless of the currency in which they hold their assets. When a currency loses value, it takes more units of that currency to purchase the same amount of goods or services. Gold offers protection against this risk because it is priced in currency terms. As the value of a currency declines, the price of gold in that currency tends to rise, preserving the purchasing power of investors’ holdings. This protection is especially valuable in countries with volatile currencies or those prone to inflationary pressures. For investors in such environments, gold can serve as a safe haven, protecting against the adverse effects of currency devaluation. Tax Advantages of Investing in Gold Investing in gold can offer certain tax advantages, depending on the jurisdiction and the form of gold investment. For example, some countries do not levy capital gains tax on gold investments, or they may offer favorable tax treatment compared to other assets. These tax benefits can enhance the overall return on gold investments, making it an even more attractive option for investors. It’s important for investors to consult with a tax advisor to understand the specific tax implications of investing in gold in their country. Taking advantage of these tax benefits can maximize the returns from gold investments and contribute to a more efficient investment strategy. https://preview.redd.it/qyg58h6d7f0d1.png?width=988&format=png&auto=webp&s=93360ef52659153ccb47965df8ce96cdcd58a3ef Different Ways to Invest in Gold There are several ways to invest in gold, each with its own set of advantages and considerations. Physical gold, in the form of bars or coins, is a popular option for its tangible value and direct ownership. However, it requires secure storage and insurance, which can incur additional costs. Gold ETFs and mutual funds offer a more convenient way to invest in gold without the need for physical storage. These financial instruments are traded on stock exchanges and are backed by physical gold or gold futures contracts. They provide liquidity and ease of trading but may come with management fees. Gold mining stocks and mutual funds are another avenue for gold investment. These options involve investing in companies that mine gold, offering potential for dividends and capital appreciation. However, they also carry risks related to the performance of individual companies and the mining sector as a whole. Risks and Considerations of Investing in Gold While gold offers many benefits as an investment, there are also risks and considerations that investors should be aware of. The price of gold can be volatile in the short term, driven by factors such as currency fluctuations, interest rates, and geopolitical events. This volatility requires a long-term perspective and a tolerance for price fluctuations. Additionally, investing in physical gold involves costs for storage and insurance, which can erode returns. Investors should carefully consider these costs and weigh them against the benefits of holding physical gold. Finally, it’s important to recognize that gold does not produce income, such as dividends or interest, which some investors may seek from their investments. This lack of income should be considered in the context of an overall investment strategy and financial goals. Conclusion: Is Investing in Gold Right for You? Investing in gold offers a range of benefits, including diversification, protection against inflation and currency devaluation, and stability in times of economic uncertainty. However, like any investment, it also comes with risks and considerations that must be carefully evaluated. For those seeking to preserve wealth and reduce risk in their investment portfolio, gold can be an excellent choice. Its historical performance, tangible value, and role as a hedge against economic downturns make it a compelling option for many investors. Ultimately, whether investing in gold is right for you depends on your financial goals, risk tolerance, and investment strategy. By carefully considering these factors, you can make an informed decision about including gold in your investment portfolio. |
2024.05.14 18:40 brit1219 pulled money out of escrow for auto insurance
We tried to switch our home owners insurance and auto to USAA.
They canceled our home insurance because the age of our roof without telling us and took money out of our escrow for the auto insurance.
We were calling today to try to figure out how to pay it since they left no mail on how to sign in and pay.
So we canceled them, kept our old insurance companies. they are now sending us our money back for us to put back into escrow.
Funny thing is we are getting the roof this year, we agreed it was time and shopping companies to do the job. They could of asked and said you are free to switch with us after that.
submitted by brit1219 to USAAcomplaints [link] [comments]
They canceled our home insurance because the age of our roof without telling us and took money out of our escrow for the auto insurance.
We were calling today to try to figure out how to pay it since they left no mail on how to sign in and pay.
So we canceled them, kept our old insurance companies. they are now sending us our money back for us to put back into escrow.
Funny thing is we are getting the roof this year, we agreed it was time and shopping companies to do the job. They could of asked and said you are free to switch with us after that.
2024.05.14 18:40 Professional_Disk131 The Benefits of Investing in Gold: Why It’s a Good Decision
 | In the vast universe of investment opportunities, gold stands out not just for its glitter but for its enduring value and historical significance. The allure of gold has not diminished over the centuries; instead, it has woven itself into the fabric of financial stability and wealth preservation. Herein, we delve into why investing in gold is not only a prudent decision but one that could safeguard your financial future in ways that other assets cannot. submitted by Professional_Disk131 to Stocks_Picks [link] [comments] Why Investing in Gold is a Good Decision The decision to include gold in one’s investment portfolio is driven by several compelling factors. First and foremost, gold is universally recognized for its intrinsic value. Unlike paper currency, whose value can be eroded by inflation or government policies, gold’s worth is not tied to the performance of a particular economy. This unique characteristic makes it a sought-after asset for those looking to preserve their wealth over time. Moreover, the resilience of gold becomes particularly evident during periods of market volatility. When stocks and bonds are buffeted by the storms of financial markets, gold often remains a beacon of stability. Its price movements are not directly correlated with those of other assets, making it an excellent tool for diversification. This uncorrelated behavior is a testament to gold’s standing as a safe haven in times of economic uncertainty. Lastly, the liquidity of gold is another factor that contributes to its attractiveness as an investment. Gold can be easily bought or sold in various forms, from physical bars and coins to gold-backed exchange-traded funds (ETFs). This ease of transaction ensures that investors can quickly adjust their positions in response to changing economic conditions, enhancing gold’s appeal as a versatile asset. https://preview.redd.it/duc8d5537f0d1.png?width=988&format=png&auto=webp&s=a8dbedab799f624a47fe7b51c672b38126886f52 Historical Performance of Gold as an Investment The historical performance of gold is a testament to its enduring value and appeal as an investment. Over the centuries, gold has not only preserved wealth but, in many instances, has significantly appreciated in value. This long-term appreciation is particularly notable when compared to other assets that may depreciate due to technological advancements or changes in consumer preferences. During periods of high inflation, gold has historically outperformed other investments. Its value tends to rise when the purchasing power of fiat currencies declines, thereby providing a hedge against inflation. This characteristic was notably evident during the 1970s, a decade marked by high inflation, during which gold prices surged. Furthermore, gold’s performance during economic downturns has reinforced its reputation as a safe haven. In the aftermath of the 2008 financial crisis, for example, investors flocked to gold, driving up its price. This flight to safety highlighted gold’s role as a stabilizing force amidst economic turmoil. Hedge Against Inflation and Economic Downturns One of the most compelling reasons to invest in gold is its ability to act as a hedge against inflation and economic downturns. Inflation erodes the purchasing power of money, diminishing the real value of cash holdings and fixed-income investments such as bonds. Gold, however, maintains its purchasing power over the long term. As the cost of goods and services increases, so does the price of gold, thereby preserving the value of investors’ holdings. In addition to its inflation-hedging properties, gold offers protection during economic downturns. During such times, investors often lose confidence in traditional assets like stocks and bonds. The uncertainty that pervades financial markets during recessions drives investors toward safer assets, and gold is frequently the beneficiary of this shift in sentiment. Its ability to maintain value when other assets are declining is a crucial reason why gold is considered a cornerstone of a well-diversified portfolio. https://preview.redd.it/3i8jgmm97f0d1.png?width=988&format=png&auto=webp&s=386ab5a7d0e1dd567653cd673d2e2a387eb37feb Diversification in Your Investment Portfolio Diversification is a fundamental principle of investing aimed at reducing risk. By spreading investments across different asset classes, investors can mitigate the impact of a poor performance by any single asset. Gold plays a vital role in this diversification strategy due to its low correlation with other financial assets. Including gold in a portfolio can reduce volatility and improve returns over the long term. Studies have shown that portfolios containing a mix of stocks, bonds, and gold have outperformed those without gold, particularly during times of market stress. This diversification benefit is a key reason why financial advisors often recommend allocating a portion of an investment portfolio to gold. Tangible Value and Stability of Gold Gold’s tangible nature is another factor that contributes to its appeal as an investment. Unlike digital assets or paper money, gold is a physical substance that has been valued by human societies for millennia. This tangible value provides a sense of security and permanence that is unmatched by many other investments. The stability of gold is also reflected in its supply. Gold cannot be produced at the same pace as paper money or digital currencies, which central banks can create at will. The limited supply of gold, combined with its enduring demand, underpins its value and makes it a stable investment over the long term. Protection Against Currency Devaluation Currency devaluation is a risk that affects all investors, regardless of the currency in which they hold their assets. When a currency loses value, it takes more units of that currency to purchase the same amount of goods or services. Gold offers protection against this risk because it is priced in currency terms. As the value of a currency declines, the price of gold in that currency tends to rise, preserving the purchasing power of investors’ holdings. This protection is especially valuable in countries with volatile currencies or those prone to inflationary pressures. For investors in such environments, gold can serve as a safe haven, protecting against the adverse effects of currency devaluation. Tax Advantages of Investing in Gold Investing in gold can offer certain tax advantages, depending on the jurisdiction and the form of gold investment. For example, some countries do not levy capital gains tax on gold investments, or they may offer favorable tax treatment compared to other assets. These tax benefits can enhance the overall return on gold investments, making it an even more attractive option for investors. It’s important for investors to consult with a tax advisor to understand the specific tax implications of investing in gold in their country. Taking advantage of these tax benefits can maximize the returns from gold investments and contribute to a more efficient investment strategy. https://preview.redd.it/0cmdjvda7f0d1.png?width=988&format=png&auto=webp&s=bfb2a7b4d959c5ff827381f21ac247ea8c19dd5f Different Ways to Invest in Gold There are several ways to invest in gold, each with its own set of advantages and considerations. Physical gold, in the form of bars or coins, is a popular option for its tangible value and direct ownership. However, it requires secure storage and insurance, which can incur additional costs. Gold ETFs and mutual funds offer a more convenient way to invest in gold without the need for physical storage. These financial instruments are traded on stock exchanges and are backed by physical gold or gold futures contracts. They provide liquidity and ease of trading but may come with management fees. Gold mining stocks and mutual funds are another avenue for gold investment. These options involve investing in companies that mine gold, offering potential for dividends and capital appreciation. However, they also carry risks related to the performance of individual companies and the mining sector as a whole. Risks and Considerations of Investing in Gold While gold offers many benefits as an investment, there are also risks and considerations that investors should be aware of. The price of gold can be volatile in the short term, driven by factors such as currency fluctuations, interest rates, and geopolitical events. This volatility requires a long-term perspective and a tolerance for price fluctuations. Additionally, investing in physical gold involves costs for storage and insurance, which can erode returns. Investors should carefully consider these costs and weigh them against the benefits of holding physical gold. Finally, it’s important to recognize that gold does not produce income, such as dividends or interest, which some investors may seek from their investments. This lack of income should be considered in the context of an overall investment strategy and financial goals. Conclusion: Is Investing in Gold Right for You? Investing in gold offers a range of benefits, including diversification, protection against inflation and currency devaluation, and stability in times of economic uncertainty. However, like any investment, it also comes with risks and considerations that must be carefully evaluated. For those seeking to preserve wealth and reduce risk in their investment portfolio, gold can be an excellent choice. Its historical performance, tangible value, and role as a hedge against economic downturns make it a compelling option for many investors. Ultimately, whether investing in gold is right for you depends on your financial goals, risk tolerance, and investment strategy. By carefully considering these factors, you can make an informed decision about including gold in your investment portfolio. |
2024.05.14 18:38 Professional_Disk131 The Benefits of Investing in Gold: Why It’s a Good Decision
 | In the vast universe of investment opportunities, gold stands out not just for its glitter but for its enduring value and historical significance. The allure of gold has not diminished over the centuries; instead, it has woven itself into the fabric of financial stability and wealth preservation. Herein, we delve into why investing in gold is not only a prudent decision but one that could safeguard your financial future in ways that other assets cannot. submitted by Professional_Disk131 to SmallCap_MiningStocks [link] [comments] Why Investing in Gold is a Good Decision The decision to include gold in one’s investment portfolio is driven by several compelling factors. First and foremost, gold is universally recognized for its intrinsic value. Unlike paper currency, whose value can be eroded by inflation or government policies, gold’s worth is not tied to the performance of a particular economy. This unique characteristic makes it a sought-after asset for those looking to preserve their wealth over time. Moreover, the resilience of gold becomes particularly evident during periods of market volatility. When stocks and bonds are buffeted by the storms of financial markets, gold often remains a beacon of stability. Its price movements are not directly correlated with those of other assets, making it an excellent tool for diversification. This uncorrelated behavior is a testament to gold’s standing as a safe haven in times of economic uncertainty. Lastly, the liquidity of gold is another factor that contributes to its attractiveness as an investment. Gold can be easily bought or sold in various forms, from physical bars and coins to gold-backed exchange-traded funds (ETFs). This ease of transaction ensures that investors can quickly adjust their positions in response to changing economic conditions, enhancing gold’s appeal as a versatile asset. https://preview.redd.it/0nasdmri6f0d1.png?width=988&format=png&auto=webp&s=eb763afad1270cc758d14776b98057ba0b8346f9 Historical Performance of Gold as an Investment The historical performance of gold is a testament to its enduring value and appeal as an investment. Over the centuries, gold has not only preserved wealth but, in many instances, has significantly appreciated in value. This long-term appreciation is particularly notable when compared to other assets that may depreciate due to technological advancements or changes in consumer preferences. During periods of high inflation, gold has historically outperformed other investments. Its value tends to rise when the purchasing power of fiat currencies declines, thereby providing a hedge against inflation. This characteristic was notably evident during the 1970s, a decade marked by high inflation, during which gold prices surged. Furthermore, gold’s performance during economic downturns has reinforced its reputation as a safe haven. In the aftermath of the 2008 financial crisis, for example, investors flocked to gold, driving up its price. This flight to safety highlighted gold’s role as a stabilizing force amidst economic turmoil. Hedge Against Inflation and Economic Downturns One of the most compelling reasons to invest in gold is its ability to act as a hedge against inflation and economic downturns. Inflation erodes the purchasing power of money, diminishing the real value of cash holdings and fixed-income investments such as bonds. Gold, however, maintains its purchasing power over the long term. As the cost of goods and services increases, so does the price of gold, thereby preserving the value of investors’ holdings. In addition to its inflation-hedging properties, gold offers protection during economic downturns. During such times, investors often lose confidence in traditional assets like stocks and bonds. The uncertainty that pervades financial markets during recessions drives investors toward safer assets, and gold is frequently the beneficiary of this shift in sentiment. Its ability to maintain value when other assets are declining is a crucial reason why gold is considered a cornerstone of a well-diversified portfolio. https://preview.redd.it/9ximw49n6f0d1.png?width=988&format=png&auto=webp&s=a6ec4f4934cb6d431252fb8b8cacb0106979d872 Diversification in Your Investment Portfolio Diversification is a fundamental principle of investing aimed at reducing risk. By spreading investments across different asset classes, investors can mitigate the impact of a poor performance by any single asset. Gold plays a vital role in this diversification strategy due to its low correlation with other financial assets. Including gold in a portfolio can reduce volatility and improve returns over the long term. Studies have shown that portfolios containing a mix of stocks, bonds, and gold have outperformed those without gold, particularly during times of market stress. This diversification benefit is a key reason why financial advisors often recommend allocating a portion of an investment portfolio to gold. Tangible Value and Stability of Gold Gold’s tangible nature is another factor that contributes to its appeal as an investment. Unlike digital assets or paper money, gold is a physical substance that has been valued by human societies for millennia. This tangible value provides a sense of security and permanence that is unmatched by many other investments. The stability of gold is also reflected in its supply. Gold cannot be produced at the same pace as paper money or digital currencies, which central banks can create at will. The limited supply of gold, combined with its enduring demand, underpins its value and makes it a stable investment over the long term. Protection Against Currency Devaluation Currency devaluation is a risk that affects all investors, regardless of the currency in which they hold their assets. When a currency loses value, it takes more units of that currency to purchase the same amount of goods or services. Gold offers protection against this risk because it is priced in currency terms. As the value of a currency declines, the price of gold in that currency tends to rise, preserving the purchasing power of investors’ holdings. This protection is especially valuable in countries with volatile currencies or those prone to inflationary pressures. For investors in such environments, gold can serve as a safe haven, protecting against the adverse effects of currency devaluation. Tax Advantages of Investing in Gold Investing in gold can offer certain tax advantages, depending on the jurisdiction and the form of gold investment. For example, some countries do not levy capital gains tax on gold investments, or they may offer favorable tax treatment compared to other assets. These tax benefits can enhance the overall return on gold investments, making it an even more attractive option for investors. It’s important for investors to consult with a tax advisor to understand the specific tax implications of investing in gold in their country. Taking advantage of these tax benefits can maximize the returns from gold investments and contribute to a more efficient investment strategy. https://preview.redd.it/ejdx9vft6f0d1.png?width=988&format=png&auto=webp&s=910cba2921237c8cefae948495bc7fdceef2d63a Different Ways to Invest in Gold There are several ways to invest in gold, each with its own set of advantages and considerations. Physical gold, in the form of bars or coins, is a popular option for its tangible value and direct ownership. However, it requires secure storage and insurance, which can incur additional costs. Gold ETFs and mutual funds offer a more convenient way to invest in gold without the need for physical storage. These financial instruments are traded on stock exchanges and are backed by physical gold or gold futures contracts. They provide liquidity and ease of trading but may come with management fees. Gold mining stocks and mutual funds are another avenue for gold investment. These options involve investing in companies that mine gold, offering potential for dividends and capital appreciation. However, they also carry risks related to the performance of individual companies and the mining sector as a whole. Risks and Considerations of Investing in Gold While gold offers many benefits as an investment, there are also risks and considerations that investors should be aware of. The price of gold can be volatile in the short term, driven by factors such as currency fluctuations, interest rates, and geopolitical events. This volatility requires a long-term perspective and a tolerance for price fluctuations. Additionally, investing in physical gold involves costs for storage and insurance, which can erode returns. Investors should carefully consider these costs and weigh them against the benefits of holding physical gold. Finally, it’s important to recognize that gold does not produce income, such as dividends or interest, which some investors may seek from their investments. This lack of income should be considered in the context of an overall investment strategy and financial goals. Conclusion: Is Investing in Gold Right for You? Investing in gold offers a range of benefits, including diversification, protection against inflation and currency devaluation, and stability in times of economic uncertainty. However, like any investment, it also comes with risks and considerations that must be carefully evaluated. For those seeking to preserve wealth and reduce risk in their investment portfolio, gold can be an excellent choice. Its historical performance, tangible value, and role as a hedge against economic downturns make it a compelling option for many investors. Ultimately, whether investing in gold is right for you depends on your financial goals, risk tolerance, and investment strategy. By carefully considering these factors, you can make an informed decision about including gold in your investment portfolio. |
2024.05.14 18:37 Mark_Alpha_JDS Emigration Questions ($, Employer, Logistics) (UK -> US)
I’ve been blown away by the level of responsiveness and expertise from Redditors for a few related topics which have been a huge help to me. Thanks in advance for any feedback here and I hope I’m in the right place!
I’m in a level of ‘negotiation’ with my Employer (a global Tech company) about a relocation from Southend, SE England to either Alpharetta or Tampa as part of a promotion within my existing Team on what is expected to be a ‘3 year gig’ (at which point the company is expected to be sold which would inevitably see changes of personnel almost certainly those who I am currently ‘negotiating’ with!). Naturally there are a million and one things to consider, especially as a (married) father of two young children.
As I await more formal details of the offer (including the $!), I am trying to speed through all the various research needed which I am simplifying into the below, in order to make negotiations effective and ultimately lead up to a point where I will be able to make an actual decision (likely in the next two weeks)
My Wife and I are very excited about the prospect, just trying to be as cautious as possible especially given this will be likely to move quickly!
Many thanks in advance
Mark
submitted by Mark_Alpha_JDS to MovingToUSA [link] [comments]
I’m in a level of ‘negotiation’ with my Employer (a global Tech company) about a relocation from Southend, SE England to either Alpharetta or Tampa as part of a promotion within my existing Team on what is expected to be a ‘3 year gig’ (at which point the company is expected to be sold which would inevitably see changes of personnel almost certainly those who I am currently ‘negotiating’ with!). Naturally there are a million and one things to consider, especially as a (married) father of two young children.
As I await more formal details of the offer (including the $!), I am trying to speed through all the various research needed which I am simplifying into the below, in order to make negotiations effective and ultimately lead up to a point where I will be able to make an actual decision (likely in the next two weeks)
- Understanding the ancillary costs associated with relocating to the US as well as the expected on-going living costs in either location (to also include the likely requirement to relocate BACK in ~3 years time)
- Understanding which of the many risks associated with this opportunity I should attempt to have mitigated by my Employer
- Understanding any fundamental blockers/showstoppers that could prevent the move from being viable
- (re: 1) What are some of the more ‘obscure’ costs which I may not have factored in?
- I have been told informally that the company would fund my ‘relocation costs’ but those have not been specified and nor is there a dedicated function within my company to support this. I suspect the onus may be on me to even negotiate these elements. What could be considered normal and reasonable? The obvious costs which I would assume to be covered would be the travel expense including shipping of likely clothing and other valuables we’d want to take with us (see below), VISA, documentation etc.. But there are plenty of other expenses which I am not sure are a direct expense or not and therefore do not know whether to push for their inclusion? Such as preliminary trips to the location (with or without family) to visit potential areas to stay, temporary accommodation (hotel? Serviced apartments?) temporary car-hire? Getting US driving license? Storage of furniture and equipment back in the UK (for use in 3 years)? Relocation of household Pet? Advance on salary for settling in (and deposit for house rent etc.)?
- Are there costs in ‘moving’ money from my UK bank account to US (as part of the move) and also moving money back after 3 years? All being well, I am hoping for a sum of $300K-$500K to ‘return home’ with after the term
- What would a general/sensible approach be to finding accommodation – renting a hotel/serviced apartment for 1-2 months to allow us to visit neighbourhoods and find a suitable property which I assume would usually be on a 12 month contract?
- Use of storage for 3 years in UK – I am weighing up the pros and cons of renting out our current family house (3 bed Semi) furnished, which would likely mean we would not need to pay for any storage for the duration, and could make use of Parents’ house for storage of any equipment/items which we would not want to take with us, nor leave in the house (but want to use on our return). The alternative would be to empty the house and rent-out unfurnished and to likely incur costs of £10K-£13K overall to keep it in storage – which would certainly be worth more than the items/furniture themselves. I have read that there are insurance implications with renting out furnished houses and also that renters would be more likely to ‘move on’ in a furnished house. We’d not be fussed about the furniture being damaged, and we would probably replace on our return regardless, so with the potential extra rental cost there could be a £13K-£16K swing? What’s normal/usual to do in this situation?
- Is it considered normal to move into a fully unfurnished rental property and purchase new furniture? There doesn’t seem to be a market in either area for Furnished rentals, from what I have seen. Is it normal and reasonable to purchase mostly second hand furniture, electricals etc. at the start of the term and sell on after 3 years to recoup some funds? Or not realistic?
- (re: 2) What risks/outcomes could and should I be asking (vs mandating) my Employer to mitigate contractually? I’m acutely aware of the general ‘hire and fire’ culture in US although I have a very long tenure at this company (~25 years) and with the promotion/relocation being one of strategic importance (which the Company approached me on) I would have some reason to be confident that at least the company would not enforce a negative scenario on their terms?
- If the family doesn’t settle adequately in one of the locations, should I be able to relocate to the other? Accepting the company would not pay for that relocation
- If I elected to leave the company, I should be free to do so? Although it would mean having to find another company to sponsor VISA otherwise I would need to return home
- Protection against redundancy – moving to a general US contract would leave me with little protection and perhaps a standard ‘one week’ notice period. Should I request an abnormally long notice period – for example, 6 months? My priority would be to protect myself against the Company making me redundant, not giving myself the flexibility to move to another company whilst there (I have no desires to leave the company in the short or mid term). Assuming a notice period would maximise my chances to find alternative employment without having to go back home?
- Protection against dismissal/performance-related firing – could/should I request a bespoke compensation in the event of this? If I was to have to relocate back home with no VISA then I would incur additional relocation costs and also significant additional costs related to new agreements in the US (house rental etc.)
- (re: 3) Interested to know if there are others who have emigrated and any nasty surprises? For example, I have read about the challenge in building up credit rating in the US and how long that may take? I have a (UK) Amex card which I will port to a US card when over there and use it as much as possible and set up a US bank account as quickly as I can.
My Wife and I are very excited about the prospect, just trying to be as cautious as possible especially given this will be likely to move quickly!
Many thanks in advance
Mark