Insurance for the Gum Industry? There’s Coverage Every Chomp of the Way!

“I chew gum because it distracts me from eating and helps curb my appetite.”

Those that think chewing gum can be used as an aid to dieting or to maintain proper food consumption, may have another thing coming to them. According to studies, the gains, made by the associated reduction of hunger, is mitigated by the resulting ingestion of less nutritious foods than non gum-chewers. Results of research in fact show that gum chewers are more prone to eat junk food, such as potato chips and candy. The junk food preference may well be the after-effects of the common gum mint flavor that causes fruit and vegetable to taste bitter.

Desperately need that stick of gum? Check out these suggestions to curb food cravings and relieve life’s stress; they may just be the perfect substitute!

To reduce food cravings:

• Drink more water

• Exercise

• Don’t skip breakfast

• Eat wholesome, protein-rich small meals, frequently, instead of three large daily meals

• Satisfy yourself with tea

To relieve life’s stress:

• Eat wholesome foods and don’t skip breakfast

• Enjoy a hot glass of chamomile or green tea

• Take a brisk walk

• Exercise

• Refresh yourself with a drink of water

• Catch a brief catnap

• Use relaxing breathing techniques

Who created gum in the first place?

Incredible as it seems, the concept of gum dates back at least to the time of the Greek Empire when people would chew on resin from the mastic tree, named specifically because of the chomping that it provided for humans. Back then, the activity served dually as a tooth-cleaning exercise and a breath freshener. Later, The New England colonists learned the art of spruce resin gum chewing from the Native Americans that they encountered.

Like many innovations, contemporary chewing gum is a product of a business manufacturing gaffe.

In 1869, the exiled previous Mexican president, Antonio Lopez de Santa Anna, lived in Staten Island. Hearing the rumors about latex derived from a tree in Yucatan that might be rubber’s counterpart, he decided to try his luck in the venture despite any potential risks or liability losses that the undertaking might have. After purchasing a massive amount, he hired the inventor, Thomas Adams, to process it. Unfortunately, there was no insurance coverage policy that protected either de Santa Anna or Adams. Not only did the assignment fail, it left poor Adams with a surplus of ‘useless’ material.

Then, Adams detected some notable qualities in the substance. In its dried form, the latex was insoluble in water; in addition, it was fairly plastic. Placing it in his mouth, Adams discovered a chewable pleasure, likened to the paraffin matter sold in drug stores of the times.

In 1871, the ‘failed’ inventor patented his gum, ultimately adding flavors that forwarded his brand. Adam’s gum became a genuine sensation when the Wrigley Company expanded the popularity with advertising.

Despite the success that developed until today, you can bet your bottom dollar that Wrigley’s currently has the necessary general liability, business insurance and commercial auto insurance that protect their booming enterprise from lawsuits, claims, and so on.

Getting the Right Cover for Your Holiday

Travel insurance is the only way to ensure you cover your holiday for any and all eventualities. Many of us go ahead and book our travel insurance without really thinking about the specifics, but this isn’t the best way to do it as you may end up with a policy that falls short.

Let’s explore the various things your travel insurance policy should protect you against.

Health

No one wants to fall ill or have an accident at the best of times, but you certainly don’t want to have an experience like this when you are away from home. Unfortunately, some people are not always lucky. If you fell into this category while on a break, would your travel insurance provide the protection you need to pay for medical bills and other associated costs? This is a very important area; most experts recommend at least £1 million of cover for medical emergencies, and some recommend more.

Cancellation

This will cover your holiday costs in case you have to cancel it. The terms for cancellation should be provided in the small print for the policy, so make sure you check them to know the details. You should also check to ensure you would be covered if the holiday provider should go bust before you leave or while you are away.

Baggage and personal belongings

No one wants to arrive at their destination only to find their luggage has gone somewhere else! However this can and does happen, so it is good to know your baggage is insured in case it happens to you. While you would hope your luggage would eventually turn up, you may have to get by without it for several days. Furthermore if it doesn’t turn up and is declared “lost”, you have to pay out to replace everything that has disappeared if you don’t have a policy.

The same applies to your belongings. Your insurance should cover your holiday if you lose or someone steals any of your belongings like a camera, electronic equipment, phone, credit cards, cash and jewellery.

Watch out for the excess

When you are looking for the best value policy, make sure you check out the excess. The affordability of a particular policy can be directly related to the size of the excess applied. For example, a small premium for your policy is tempting, but you may pay for it with a higher excess if you need to make a claim. Conversely, a slightly higher premium would mean a much smaller excess – it is well worth considering which option would suit you best.

Once you understand the basics of the average travel policy to cover your holiday, you will find it much easier to review and compare the many options available to you. This will lead you towards the best and cheapest policy for your personal situation.

Six Uncommon Policies Your Insurance Agency May Offer

You want your home and family to be protected in case of an accident. It is the best thing you can do. However, that protection can be a little fickle. Your insurance agency may reimburse you in the event of certain problems, but it might not provide funds for other issues. In fact, if you do not have some of these policies, you may be footing the bill yourself in the event of an accident.

Renter’s Policy

Everyone knows it’s a necessity to get an insurance agency to write a policy for a home, but many do not think about getting a policy when they are renting. Yes, your property owner has coverage for their property in the event of a fire or another incident. However, that policy does not cover your valuables. A typical policy only costs a few dollars a month and includes some liability coverage as well.

Pet Policies

Like your children, your four-legged family members need annual checkups and vaccinations in order to be in top health. In the event that they need an operation at some point, it can get expensive. You can check with your insurance agency to see if they offer coverage for your pet that will help offset some of their general care costs.

Antique Coverage

Having a homeowner or even a renter policy does not mean that your valuable antiques are protected. Some policies do not cover these items, as they can be costly to replace or restore. However, if you own valuable family heirlooms, you may check into additional coverage. In the event that something should happen to the property, you want to make sure you have full replacement value or restoration coverage.

Long-Term Care

Most employers offer some form of disability insurance. However, they do not always provide long-term care coverage. In the event you should need to go to a nursing home or require long-term home care, this type of policy can save you money in the end. If you purchase this policy when you are younger, you will not spend as much. However, they can be pricey if you are not careful. You may also only purchase one that pays for three to five years of service, as most holders need them for more than three years.

Longevity

Most people understand the need to put money back for their retirement. However, in some cases, even the best-laid plans can find you running out of money before you pass. By purchasing longevity plans from an insurance agency, you can help ensure you are not in a bind. This program allows you to receive a specified monthly amount beginning at age 85. For example, you purchase $50,000 indemnity at age 55. At age 85, you would begin receiving the same approximate amount yearly.

Wedding

Wedding plans are nominal in cost, but they can save you a lot of frustration. The average cost of the big day can be upwards of $24,000. If you have to postpone it due to inclement weather or the death of a family member, you could spend as much to get it back on track. Having something in place to help you in the event your big day doesn’t go as planned is a good idea.

The Top 4 Reasons to Cover Your Holiday Responsibly

It’s easy for a degree of carelessness to creep into your holiday preparation. But if you’re planning on getting away, experiencing something new, refreshing your outlook and rejuvenating your mind, this should not preclude you from organising your travel insurance in a responsible way.

Unforeseen illness

If you are looking forward to a swathe of pristine sand, a vista of munificent valleys, or the fresh air of a luxurious mountain forest, you probably don’t want to give any thought to unexpected illness. But since by its very nature such illness is unforeseen, it is vital to cover your holiday when you consider its potential to occur. You should be aware of the susceptibility of your body to be prone to illness in the particular destinations that you wish to visit, and this can save you from a great deal of hassle.

Unpredictable theft or accidents

More and more exotic places around the world are opening up to travellers. It seems the old stereotypes of the fearful old tourist and the fickle young adventurer are being shattered. Young and old are exploring regions that once were unknown or taboo but are now fascinating tourist hubs. But new, fresh and strange places can invite crime, which usually targets tourists. Hence it is wise to cover your holiday after considering, with realism not hysteria, the potential for theft or even accidents in the places you are about to visit.

The safety of children

Travelling with children is a very special and rewarding experience. It can be exhausting yet ultimately fulfilling. When children are involved, you will rightly be concerned about making sure the insurance protects your kids first and foremost – even more so, it’s vital to cover your holiday appropriately. Carefully investigate providers and the types of plans that they offer to make sure that your children’s particular needs are catered for. When it comes to your family’s safety, it pays to be doubly responsible.

The need for a good provider

Recklessness should never be a deciding factor when it comes time to cover your holiday; there are a plethora of providers out there and some simply stand out above the others. Choosing a good provider can make all the difference; no one wants to spend ages hunting out an accurate quote, to hand over payment and then find the provider difficult to contact during an emergency. Ultimately, the best providers will give quick quotes, efficient payment means, round-the-clock contact and very clear and extensive support should anything occur on your trip. Of course, the best insurance is the one you never need to think about while you are tanning yourself on a golden beach! The best way to have peace of mind that your insurer will step up and help out if you need them is by researching your insurance responsibly before your trip.

The Strangest Things That Insurance Plans Will and Will Not Cover

It feels as though protection can be purchased for any situation, but is that really true?

When it comes to insurance plans, it can easily feel as though there is a policy that can be purchased to cover anything, no matter the situation, but as much as there may be a lot of strange forms of protection for sale, there are also a number of areas in which you’re on your own.

Celebrities are known for the wacky types of policies that they purchase.

Though the majority of us wouldn’t even blink if someone were to talk about auto or homeowners insurance, but coverage is another way in which the lives of celebrities can differ from the rest of us. Singers, actors, athletes, and other famous people are always buying policies that would never cross the minds of the average person. From the $1 billion policy that Mariah Carey took out on her legs (not her voice!), to the $1.6 million covering the middle finger of Keith Richards (because he uses it to play the guitar), stars just love owning odd types of cover.

Of course, it’s not just one body part that needs an insurance plan in some cases.

For example, David Beckham has taken out an insurance plan worth $151 million to cover his entire body, despite the fact that he has now retired from playing soccer.

Of course, those policies are only for celebrities whose feet stay firmly planted on the ground. Shirley MacLaine has thought of the fact that not every problem occurs here on Earth. After all, what if aliens were to come down and abduct her? Not to worry, she has a $25 million policy that will be paid to her in the event that little green men should ever abduct her and then return her to Earth once more.

At the same time, as much as you can make sure that your hand is covered to flip the bird to people your whole life, and you can know that you will receive a payment while you recover from an unplanned vacation on an alien ship, there are some events against which you might believe that you are already covered, but where you are likely not.

Know what your insurance plan will actually do for you.

For example, if you needed another excuse to practice safe sex, then you might be interested to hear that sexually transmitted diseases (STDs) are not typically not covered by a typical homeowners insurance policy, despite the fact that they will provide coverage for bodily injury. Considering that approximately 1 in 4 people will have an STD of some kind in their lifetime, you might want to think again before you decide that this shouldn’t concern you.

Thinking of having a neighbor over for a bottle of wine and a cozy evening? If you do, bring some added protection with you, because your homeowners insurance won’t cover you if he or she ends up leaving with more than was bargained for. People have tried to battle this one out in court, but to no avail.

While not all situations and lawsuits are as black and white as they may seem, it is a good idea to check more carefully into what your insurance plans – such as your homeowners policy – covers. Even if the circumstance isn’t among the areas in which you are protected, the insurer may at least pick up the tab for the legal costs. There are a number of things that will make that determination. The best idea for you is to ask your insurance agent about the type of protection you have against special circumstances and crazy claims.

The Importance of Vaccinations When Travelling

It is quite likely that you spend considerable amounts of time planning your yearly holidays. You probably consider the merits of different hotels and research the kinds of activities that can be enjoyed in various parts of the world. However, it is important to remember that there are quite a number of holiday risks: your flights could be unexpectedly delayed; you might require medical attention after a nasty fall; there may even be a chance of contracting serious diseases. If you were worried about such scenarios (and you should be), it would be worth investing in single trip travel insurance and following the advice in this article.

Planning Ahead

It is worth pointing out there is some variation in the types of vaccinations required before travelling to different countries. It is possible to obtain information from specialist medical websites, however you should visit your local doctor for further clarification regarding the necessary ones. This visit should be made at the earliest possible opportunity, as the medical practitioners may have to arrange a course of immunisation. Your single trip travel insurance provider may reject claims if you haven’t taken the advised precautions.

Different Kinds Of Inoculations

There are three kinds of vaccinations required by those travelling abroad. The routine immunisations are given as a means of protection against common diseases such as measles and rubella, and doctors may recommend others depending upon the countries visited. People planning trips to India are advised to take precautions against hepatitis A and polio, while rabies shots are recommended to those planning trips to Thailand. Others may be required before travellers are allowed to enter some foreign countries; for instance, it is necessary to provide proof of yellow fever inoculation before entering Anguilla and Angola. Travellers may also take tablets and other medical provisions to reduce the chances of having to make single trip travel insurance claims against the costs of medical care.

Serious Travel Risks

Those who have scheduled trips to the more developed countries may mistakenly believe that immunizations aren’t required. However, it is worth pointing out that there is a chance of contracting influenza and tick borne encephalitis in certain parts of Scandinavia, for example. People travelling to the UK or America for the first time may also be surprised by the need. Of course, the risks are far greater in the developing countries of Latin America, Africa and the Middle East and it is also worth noting that the levels of medical provision are fairly poor in these regions – travellers may even have to be airlifted to quality medical establishments in other parts of the world. The costs of foreign medical transfers are particularly high and travellers may be glad of the financial protection guaranteed by single trip travel insurance.

Compare Term Plans, Buy the Best

You are working so hard to meet the needs and desires of your family. You have high hopes for their future. All your efforts are sincerely driven so that they lead a good life and occupy respectable positions in the family. But as we all know about the uncertainty of life in this mortal world, things don’t seem that bright once we are not there with them. They would miss our care, our guidance and of course the money that we bring in to sustain them. There comes the role of life insurance, specifically term insurance. Term plans are designed with the intension to replace your income and make your loss to your family easier to some extent. A fixed sum is agreed to be paid by the insurer at the commencement of the plan, which is in fact a considerable amount of money and proportionately very huge compared to the premium paid.

Why compare term plans? This question is very important. The answer is not just difference in premium or different claim settlement ratios of companies. But different companies provide various other features that add to the basic term plan. Be it monthly income or extra coverage for some critical diseases, some companies hire a specialist team to provide claim assistance to the nominee etc. Thus, when purchasing a term plan one must be aware of the different features or riders (added benefits) provided by the insurer. Each person has a different type of requirement. Thus, one must be clear which company provides those features in their term plans that suit their requirements best. Thus, comparing term plans before just buying is a wise thing to do and all experts recommend it.

Now another question comes, how to compare? This is a very relevant question because nowadays you find insurance companies in every nook and corner. LIC is no more the sole player selling life insurance. With so many companies offering term plans with different features, it is havoc to even dare to think of comparing. These agents would do anything in their capacity to make you believe that only their company’s plan is the best. So, you don’t get the right information. We cannot expect you to study websites of all the insurance companies and chart out the best plan for yourself.

That problem is now addressed to a great extent by the rising capacity these insurance web aggregators are assuming in the insurance space. They intend to provide unbiased comparison in a very consumer friendly way. Thus, it is a good initiative taken by IRDA to promote Insurance Web Aggregators that provide healthy comparison in the best interest of the consumer.

Plan Your Investment For a Sound Financial Future

There are two parts to planning your investment for a sound financial future – one, where you decide on the bigger picture of how you would want your investment to be, and two, when you decide on the instrument that you would choose to execute your plans. When you have got the basics right, you could then compare plans and go about deciding on the best plan that is right for you.

The bigger picture – risk, returns, and the time frames: The first aspect associated with your plan have to be with the kind of risk that you are willing to take, the amount of returns that you plan to make, and the time frames that you have set for yourself to make things happen. Are you willing to go the long term, which would be over and above 7 years in duration, would you want to keep it mid-term, as in about 4 – 6 years long, or have you set your sights on the short-term? This basic thinking would make you focus on the category that would be the most appealing for you.

And it is a similar case when it comes to risks and returns – they are partners in business but they do not always go the same way. As you would realist when you compare these plans, those that are high in risk tend to have higher scope for returns, and vice versa. However, that is not to mean that all high risk investments are invariably subject to high returns – investment plans are, as the disclaimer goes, always subject to market risks. The clearer you are in what you want, the better you fare.

Which investment plan? There are many options available for the novice as well as the shrewd investor. Starting with the traditional ones to the successful online plan, there are many instruments that could serve your purpose.

Investment Insurance: This is a combination of investment and insurance. Some may consider this the best plan, since it serves two purposes in one. On the other hand, you may not get the best returns on investments, since there is also an element of insurance coverage in this option.

Unit-linked plans: For those who have chosen to ride with the market and take it in their stride, there are unit-linked plans. Their returns invariably go with the fluctuations in the market, even as they provide the advantage of insurance. This is also a good option if you have your sights fixed on the long term.

Online plans and other options: There is a whole range of options available for those who look for varieties, right from mutual fund investments through bank fixed deposits, Public Provident Funds (PPF) and other investments such as National Savings Certificates. You would only have to do your research and compare these plans to decide what is right for you.

Tweaking Your Family Travel Insurance For Different Circumstances

Even more so than single trip or individual policies, family travel insurance is a source of mystery for the majority of holidaymakers. Doubts about what will be included in a package of this type, why it is necessary, what it will and will not cover and how it differs from ‘standard’ policies are extremely common. While companies generally do their best to try and provide answers to these questions, the number of prospective buyers still confused about the process is still far from negligible.

And yet, many policies – family travel insurance especially – are easy enough to tweak so these types of questions become almost irrelevant. Unlike what many buyers seem to think, such policies and packages are not entirely static – often, there will be several variants to the same general type of policy, each adapted to a specific set of circumstances. As such, it is up to the individual to locate the right type of policy in terms of the type of holiday they are planning to take, and to make sure that is the one they eventually contract.

Below is a list of the most common types of group holidays, complete with the type of characteristics buyers should look for in a travel cover policy.

Beach Breaks

Beach breaks are the most common type of getaway to indulge in with a family, and they do not necessitate anything that strays too far from the basic family travel insurance plan. Make sure the plan covers luggage theft, breakage of electronics and, of course, medical care, and you should be all set for your holiday in the sun!

City Breaks

For city breaks, you should make sure first and foremost that your policy provides good coverage in the case of an accident. These are much more frequent in the city than at a beach resort – mostly due to traffic and other common hazards found in this type of environment – and treatment could prove costly. Make sure you’re covered against any eventuality.

Activity Breaks

At the risk of sounding repetitive, it is also crucial that you check to see if your chosen policy offers cover against physical harm before taking off on an activity holiday. However, in this case the matter becomes even a little more complex, as activity-break cover has a very specific set of parameters. It is, therefore, not enough to simply contract any old policy to cover against risk; you should make sure you are buying the correct type, as precedents show that claims have been turned down for this very reason.

Provided you ensure your policy is the correct type for you, you should be fine when trying to file claims with your provider. It is important to remember, however, that ‘family travel insurance’ is an umbrella term for many different types of plans, so take the time to select exactly the right one for you.

A Guide To Home Insurance Coverage

Home insurance coverage will protect you and your family in the event that your house or the items within it are damaged or destroyed. It will also indemnify you in the event that you or a family member is found legally responsible when another person is injured while inside your house or outside on your property. However, not all home insurance policies are the same. It is important to make sure you know what your policy will cover and what is excluded.

Most home insurance policies will cover damage caused by fire, theft, vandalism, lightning, hail, and windstorms. However, damage from more severe sources such as tornadoes, earthquakes, and hurricanes will generally not be included in basic coverage plans. This can be problematic if you live in an area of the country where such natural disasters are common.

Although some types of damage are excluded, most standard home insurance policies include dwelling coverage, which can help you rebuild your house in the event of a disaster included in your plan. This will include repairing structural damage, replacing electrical wiring, fixing your heating and cooling system, and correcting any issues with your plumbing. You will need to be sure to buy enough coverage to cover the entire cost to rebuild, because if you purchase inadequate coverage, you may have to pay for some costs out of your own pocket.

In addition to dwelling coverage, most policies provide coverage for damage to structures that are detached from your house but on your property, such as garages, sheds, and guest cottages. Once again, you will need to be sure you purchase adequate coverage to cover the types of damage you may be at risk for the most.

Home insurance policies will also typically pay for damage to your personal property and items inside your house, as long as the damage is caused by an event that is within your coverage plan. Covered items can include clothing, books, furniture, electronics, and appliances. Whether or not your policy will pay you the value of the items themselves or replace them with the newest models can vary, so you will want to talk to your agent to figure out the specifics of your personal property coverage.

Loss of use coverage is also included in most policies. This type of coverage will protect you in the event that you are unable to live inside your home while it is being rebuilt or repaired, and is helpful if your house sustains severe damage. Loss of use coverage will pay for your temporary housing and additional living expenses if you’re forced to temporarily relocate.