Long term care insurance (LTCI) policies do not come with fixed price tags. These products are customized so if you want to know how much you have to spend for one you will need a long term care quote.
LTCI quotes are provided by insurance companies that are marketing LTCI policies. You can contact them and request your quotes personally but bear in mind that each of these companies has a unique underwriting so don’t let this area confuse you.
Each LTCI company has its own underwriter who determines the coverage of an applicant and the premium for that specific type of coverage Black Jahleel Addae Jersey , which he has to maintain for a good number of years to keep his policy active. If a policyholder fails to pay his premium on the schedule which he and his insurer have agreed upon, his policy could lapse.
Before an LTCI underwriter can decide whether an individual is insurable or not, he has to go through the person’s family health history and check records of his present health condition. Younger buyers usually go home with a smile because their annual premiums are lower than those who are in their 60s and 70s.
As one gets older he gradually manifests degenerative changes in his health so if it is apparent that he is at risk of higher levels of care in the near future Black Keenan Allen Jersey , his policy will be more expensive.
When is the Right Age to Request a Long Term Care Quote?
There are no prerequisites for LTCI acquisition. You only have to be able to identify your health care needs and your financial situation. Insurance companies (legit ones) are not out to extract your money, anyway.
Should you decide that buying an LTCI policy is the right course of action that you have to take, you can get in touch with LTCI companies Black Melvin Ingram Jersey , or better yet, seek assistance from a licensed LTCI representative who is affiliated with top LTCI carriers in the country.
Although you can obtain your LTCI quotes directly from insurance firms, this will require you to work really hard. You won’t have time to do other important activities that matter in your life because apart from your eight to five job Black Joey Bosa Jersey , you’ll be busy making LTCI inquiries on the phone or online.
Through an LTCI agent who is well-versed in the industry you can relax a bit. All you have to do is provide your agent with your complete personal information -- which should be relevant to your health care requirements and the cost of care in your area -- and since he works closely with leading LTCI carriers he’ll manage to gather a list of quotes for you in a jiffy.
Once you have obtained the list of LTCI quotes from your insurance agent compare the variables of each. This is a meticulous task so you better know what you really need otherwise you might end up with policy that you will never get to use.
Getting a long term care quote is necessary because it allows you to fine-tune a potential LTCI policy. It gives you the assurance of your future and the financial security of your family.
IT Robotic Automation Market on Brink of Explosive Growth Despite Concerns about Jeopardizing Jobs Technology Articles | March 25, 2016
The Global IT robotic automation market was valued at US$ 183.1 Million in 2013 and is forecast to grow at 60.5% CAGR from 2014 to 2020
Virtually every industry vertical seems upbeat about the use of robotics in streamlining operations and increasing productivity manifold. Robots have already proven their worth in the manufacturing and industrial sectors. The IT industry is no exception to this buoyancy about the massive potential that robotics holds – and is already gearing up to embrace the role of robotics enthusiastically. Transparency Market Research, a business intelligence firm Black Melvin Gordon Jersey , recently said in its report that the global IT robotic automation market will increase in value to US$4.98 bn by 2020, up considerably from its valuation of US$0.183 bn in 2013. This marks a compounded annual growth rate (CAGR) of 60.5%.
A complete brochure for this research is available for download.
While on the one hand there are concerns that robotic software can mean the end of a thriving offshoring industry and also make humans redundant in the IT industry, the dramatically improved efficiency rendered by robots is capturing the industry’s attention. Despite the many risks Black Philip Rivers Jersey , many are considering this opportunity too lucrative to let go of – a fact that can be gauged from the projected growth rate of the global IT robotic automation market.
The next two to three years will be crucial for the IT robotic automation market worldwide. Here the trends to keep a track of till 2020:
Robotic process automation (RPA) services currently rake in the lion’s share of revenues in the global IT robotic automation market. RPA has received a major boost in recent years because of a string of partnerships and agreements signed between IT service companies and RPA tool providers. With competition being rife among RPA tool providers to bag the most profitable agreement with IT service companies, the market has seen the launch of some remarkably sophisticated IT automation products and solutions.
BPOs, with their focus on maximizing profits while offering aggressively priced services to onshore entities Black Dan Fouts Jersey , are particularly interested in IT robotic automation services. A number of BPOs have already invested in RPA tools in a bid to further trim costs and the trend is expected to carry on in the next five years. This factor will boost the growth of the market in the near future, say analysts.