Home loan protection plans are a form of insurance policy that provides cover for home loan payments if the insured person is unable to work because of illness or an accident. The benefits are paid directly by the insurer to the mortgage lender, reducing the borrower’s pressure.

The following are things you should know about a home loan protection plan:

1)         Most insurance companies usually provide this for a low monthly premium. So you should ideally take at least five years before taking a home loan so that the insurer can process everything on time. You should know that home loan protection plans are not insurance. It is just a form of credit enhancement where the insurer pays your monthly mortgage payments if you cannot work for any reason. So it helps in reducing the pressure on the borrower.

2)         In case you take a home loan protection plan, then the lender should not charge any pre-payment penalty from you for paying off your home loan before maturity. Also, you won’t be able to take a home loan protection plan when you already have an existing life cover or any other insurance policy in place. You need to cancel these and then only take home loan protection plans.

3)It is best to take the coverage for at least 10-15 years, giving you enough time before taking another one. You should know that it takes about nine months once you decide to take home loan protection insurance and start paying premiums. Also, depending on who the insurer is, you may be allowed to take home loan protection insurance even if you are self-employed. So this will help in reducing your expenses because there is no need for paying premiums to an employer.

4)         You should also know that most insurance companies ask you to take a mandatory health check-up before selling this product. Also, most home loan protection plans cover only a specific number of years if you suffer from an illness or an accident. So it becomes difficult to continue paying the premium once you are out of this benefit period as the cost goes up compared to when you first started paying for this policy.

5)         You should also know that insurance companies do not provide any joint coverage for this product, which means that the policy covers only one person, and it cannot be transferred to someone else after your death. It would be best to consider this before buying home loan protection insurance.

6)         After paying premiums for a few months, you may be offered to convert your home loan protection plan into an endowment policy that will help you invest and save for your future. You should also know that it is best to include your spouse as the nominee on the home loan protection plan so that in case of an unfortunate accident or death, your family will not have problems paying off the dues on time.

7)         Depending on the insurer, you may be allowed to change the frequency of premium payments according to your need. You should also know that most insurance companies do not cover the cost of repairing your home in a natural disaster such as an earthquake. If you are an active-duty military member or veteran who has met the length of service requirements, you likely qualify for VA loan requirements.

8)         Your credit score should always be good for you to be eligible to take home loan protection insurance, but that is not the end of it. You also need to have a steady source of income that will ensure your repayment capabilities. So work out all these factors before taking up any home loan protection plan.

9)         Last but not least, you should know that the paid-up value is only half of the original sum insured in most cases. So, you have to consider this before taking a home loan protection plan. Again, you should also know that insurance companies consider the borrower’s age, and only those above 40 years can take this policy for themselves without any spousal involvement.

In conclusion, Home loan protection plans are a form of insurance policy that provides cover for home loan payments if the insured person cannot work because of illness or an accident.

Are you thinking about venturing into the online trading world? You need a good and dependable brokerage to do that and every single one you find will promise to be the top choice. However, this doesn’t mean that you just accept what they are saying and don’t do your own research. You have to find the answers yourself and this means you assess the offerings of the broker before signing up. You can take advantage of this Get Prime Crypto review, if you are considering this platform for your trading needs. 

Registered in the Marshall Islands, BHVN introduced Get Prime Crypto for offering forex and CFD trading services to global traders. When you begin your research into the brokerage, you will discover that it appears to have a good reputation in the market. But, you need to check for yourself and this means assessing its offerings. Go through the review below to do so:

Start with the trading instruments 

You should begin your assessment of a broker’s offerings by checking out their trading instruments first. If you don’t want to trade the instruments they offer, you can just quite while you are ahead and look for a different platform altogether. This can save you a lot of time and effort in the long run. A quick look at the trading instruments provided by Get Prime Crypto shows that they are offering a very good combination to explore. 

They have added some of the best trading instruments from renowned financial markets in the world. You can trade leading currency pairs in the forex market, stocks of prominent companies, lucrative indices, popular cryptocurrencies and some stable commodities as well. Opening an account with Get Prime Crypto gives you the opportunity to diversify your portfolio and make high profits. 

Check the trading platform 

Taking a look at the trading platform provided to you is a must because it is the feature you engage with the most for your trading needs. You will find the trading platform at Get Prime Crypto more than appropriate in terms of providing a good trading experience. There is a WebTrader available, which requires no downloading and installation and boasts powerful technology that offers instant trade execution and one-click trading. 

The intuitive user-interface can be navigated with ease, even if you have no prior trading experience. Likewise, you will also find that Get Prime Crypto has added top trading tools, such as trading alerts, live charts, market updates, technical indicators and more. They have also developed mobile trading apps for Android and iOS ecosystems that you can download and trade from anywhere and anytime.

Go over the sign up process

What do you need to do to sign up with the broker? This is another aspect you need to assess and there are no complex or time consuming requirements to worry about here. This is because Get Prime Crypto allows you to register with them within five minutes. All you have to do register on the platform is go to the website and fill out the given form. It asks for your first name, last name, email address, password, phone number, country and date of birth. You also have to choose an account currency and accept the Terms and Conditions outlined. 

Don’t forget customer support

If there is one thing you need to assess for certain, it is the customer support you will be provided because this also determines your experience. You will find that Get Prime Crypto has been very thorough here because they have offered 24/5 customer support to their clients. You can reach out to their team through a phone number, or email address, both of which are given on their website. They are also available via WhatsApp and you can get them to contact you by filling out the contact form as well. 

Final Verdict 

The assessment makes it obvious that Get Prime Crypto is more than capable of offering you a seamless trading experience. 

Are you new to the world of credit cards and want to dig deep into the hype about it? Or are you not even curious because you have also made up your mind about how difficult credit cards have been over the years? Either way, you should stick with us till the end of this information piece because we are here yet again to make you familiar with something you may not have been before. Yes, today, we will be talking about the best-prepaid credit cards and will be telling you about a few of its benefits that you may not already know about.

Overspending? Not AFamiliar Term Here

Yes! One of the biggest and essential features of owning a prepaid credit card is not overspent. Do you not think of it as a benefit considering the shopaholic personality you have? Well, most of us have been stuck with the old payment methods for a long time now and sometimes even surpass our budget without much of a thought. But the deal with the best prepaid credit cards is somewhat different. The word prepaid itself explains the complete theory. This means that you can only use the amount you have in the past deposited. You can spend until you have a balance left and when it is gone, then await next month.

Limits TheLoss And Fraud Cases

The one essential thing that you need to understand here is that the best-prepaid credit cards have a balance and are not associated with the total amount in your bank account entirely. So you are then preventive to fraudsters and huge losses. Even if, in any case, you become the victim of any scam or trick, you are not going to do away with all your monetary funds. It is because you only keep a part of your entire balance in your prepaid card that too is finished till the end of the month. So you would not have to worry because, in any case, you are not putting your complete account at risk. Also, with prepaid cards come security and assurance, so you are not looted either way.

While wrapping up this article about the best-prepaid credit cards, we assume that we made you all a little familiar with this new thing in the world. We also hope for you best, always!

Trading online is very trendy these days and a lot of people are jumping into this bandwagon every single day. If you wish to do the same, you need the backing of a solid trading platform that you can bank on all the time. One such platform is Green Capitalz which is quite popular in the online trading world and is a platform that you can always rely on. 

There are many reasons why you should prefer to trade online with them. In this review, you can find out about their top features which are the best reasons why you should prefer to trade on this platform instead of any other. Now keep reading to learn more! 

Security Features

There are many security elements that are installed in this platform and their trading database. What this means for you as well as all the other traders is that you do not have to concerned about the safety of your trading funds or your personal information. There is a strong firewall put in place to block all hackers from getting in.  You do not have to be concerned about any unauthorized person breaking in the database and stealing your data- this is something that will never happen.

Also, the encryption software installed is great and all your data will be protected at all times. Another great security feature is the dual factor authorization which is very innovative and safeguards your online trading account by ensuring that only you can access your account and no one else. Overall, the security is fine and you are in safe hands when you trade on them.

Low Trading Fee

Iyou are new to trading, you might not be familiar with the trading fee terms like spreads and broker commissions. This is what you have to compensate your platform with for all revenue that you generate from your trades. So if the commissions are spreads are high, your profit margins will be low. The good thing about Green Capitalz is that the trading fee is low- the spreads are tight and the broker commissions are minimal as well. Thus, you can keep most of your profits which is the ideal scenario. 

I will also like to highlight that the transaction fee is zero. This means that no matter how many withdrawals or deposits you make in your account, you do not have to pay service charges and this helps to save some serious money down the road in your online trading journey. 

Device Accessibility

An important aspect of this trading platform is that is fully compatible with all modern devices folks are using these days. You have the flexibility to choose between laptop devices, smart phones, desktops and tablets. You may go for any model or make and expect a top-quality trading experience from your account. Even if a technical glitch pops up, their technical support team will fix it for you right away so that your trading activity is not hindered in any kind of way.

Another great feature you should know of is their cool user interface that is easy to use. You can find your way around it easily and even if you do fee lost in any way, their support team can help you out. Just shoot them a quick message and they will get back to you! 

Wrapping it Up

To wrap up, the Green Capitalz online trading brokerage platform is just the thing for you if you want to trade with high confidence. They have all the features you could need and are an ideal fit for you regardless of whether you are a veteran online trader or new to the trading game. You can sign up with them today, wire your funds and get started. Good luck trading your preferred assets with them. You will not be disappointed in hindsight- I can tell you that much! 

As a bustling city, Perth is packed with car owners within the town and the surrounding areas. Although there are public transportations in Perth, driving your car is always more convenient, especially if you have a family. If you do not have a vehicle yet and are worried about your bad credit, car finance in Perth are always available as an option.

Even if you have terrible credit scores, you should not be discouraged. Companies in Perth give customers a second chance by offering loans despite having a low credit score. However, if you want the application process to be smooth sailing, you must prepare a few things before you start looking for a company in Perth that offers bad credit car financing.

You will get to know what to prepare before you apply for car financing in Perth, even if you have bad credit.

Prepare proof of income.

You will need to prepare ahead of time proof of income so that the application will go smoothly. Even with your bad credit score, what matters most is your ability to pay off the loan. Whatever the financing agreement is, your income will be the first thing lenders will consider because it is where your money is coming from.

Even with a declared down payment in cash, the lender will still need to know how you will manage the rest of the money you have loaned from them. So, one way to convince them is to show your proof of income. Let them know how stable your source of income is so they can trust you to pay them back or follow the financing deadlines.

Consider a co-signer.

Have a co-signer at hand if you want the lender to be as comfortable as possible in giving you the loan or the financing term. The co-signer can be a family member or a friend you are close with who you can trust. After all, the co-signer will be the one to take over if you default on payments.

It may seem unfair to the person you are bringing, but it is only a failsafe. It provides a safety net for the lender since they know that you can be trusted to follow the terms that they provide. Just make sure that you are prepared for the loan, not relying on the co-signer to pay for you.

Prepare your credit file.

Even if you have a low credit history, you should still have the files on hand when you apply for the loan or financing. It is good to be upfront and honest right away because they can still get access to your credit history anyway. So you might as well let them know right away to establish trust.

Prepare the files ahead of time so you can show them the moment you meet with the lender or the financer. Have them all printed out if you can to refer to it throughout the application process. You should not worry too much about your credit score as there are companies that will give you second chances regardless of your credit history.

Being prepared is the best way to have a smooth and successful application for loans. There is always a way to get car financing, regardless of your bad credit score. Car finance in Perth is considerate and flexible as long as you find the right company.