Submitted by: Sean Horton

With 2008 becoming the year of the credit crunch and literally hundreds of thousands of people in the UK subsequently losing their jobs to redundancy, mortgage unemployment insurance is something that anyone who has a mortgage must have least considered.

And even in times when the economy is stable, redundancy is still a very real threat, so the idea of still being able to continue maintaining your mortgage repayments, even though you have lost your income due to involuntary redundancy, is invaluable. And, quite simply, this is what mortgage unemployment insurance does.

Should you be made unemployed through no fault of your own (and this does not mean should you get fired or dismissed due to misconduct or you elect to take voluntary redundancy) then the mortgage unemployment insurance – also known as mortgage payment protection insurance, or MPPI – will start to pay a tax free benefit. This monthly benefit can be used towards meeting your mortgage commitment every month as well as related costs such as life, critical illness and home insurance premiums, up to a provider s set limits.

[youtube]http://www.youtube.com/watch?v=6wKpxB8l8uI[/youtube]

By having this benefit, you will be able to still service your mortgage debt and not worry about getting in to arrears or even, in the worst case scenario, having your home repossessed. At a stressful time, having at least some of the financial worry taken away will mean you can focus on getting alternative employment and not be under pressure worrying how to pay your mortgage.

A typical mortgage unemployment insurance policy will start to provide an income from 30 to 90 days after you are made unemployed. This varies on the individual policy terms and conditions, as does the length of time you can receive the benefits (which can be for up to 12 to 24 months, or when you find new employment, whichever is the sooner).

How much you receive will have been agreed at the time you took out the mortgage payment protection insurance cover and this will be reflected in the premiums you will pay which will be x amount for every 100 worth of protection you require. By shopping around for your mortgage payment cover, you can often find it an affordable price, particularly among the independent brokers.

Also, for an additional fee, you can add on accident and sickness cover to the policy (that is why you may sometimes hear it called by the term Accident, Sickness and Unemployment Insurance – or ASU for short). That means that should you lose your income due to involuntary unemployment or due to recovering from an accident or a prolonged illness, the policy will start to pay out the benefit to give you financial assistance at a difficult time.

When choosing your mortgage unemployment insurance, do check that the terms and conditions very carefully, especially for any exclusions which would render the insurance useless. Typical exclusions will include the policyholder being in part time employment or of retirement age. If you are unsure as to whether you would be eligible to claim on your insurance, speak to your broker.

About the Author: Sean Horton is a Director of Enhanced Wealth who offer competitive mortgage insurance cover for

mortgage repayment insurance

and

mortgage unemployment insurance

Source:

isnare.com

Permanent Link:

isnare.com/?aid=316034&ca=Finances

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US to sell precision-guided bombs to Saudi Arabia
April 12, 2020 · Uncategorized · (No comments)

Tuesday, January 15, 2008

The Bush administration officially notified Congress Monday of its intention to sell sophisticated precision-guided bombs to Saudi Arabia. The action, coinciding with President Bush’s visit to Saudi Arabia, is part of a broader U.S. effort to bolster Gulf allies in the face of a more assertive Iran. VOA’s David Gollust reports from the State Department.

The Bush administration has already briefed Congress on its arms sales plans for Saudi Arabia. Monday’s announcement sets in motion a 30-day period in which the House and Senate can block the plan with a joint resolution – an action that appears highly unlikely.

Under the proposed deal, worth more than $120 million, the United States would provide Saudi Arabia with 900 kits and associated equipment to convert conventional gravity bombs into GPS-guided smart-bombs, known as JDAMs.

The weapons are a mainstay of the U.S. military arsenal and their accuracy would vastly enhance the capability of the Saudi Air Force, which has top-of-the-line U.S.-made fighter-bomber aircraft.

The sale is part of a broader $20-billion arms package for Saudi Arabia and other Gulf states announced by Secretary of State Condoleezza Rice and Defense Secretary Robert Gates last August on a mission to the Gulf, aimed at shoring up U.S. allies concerned about Iranian influence in the region.

Several elements of the broader package including sales of Patriot anti-missile systems to Kuwait and the United Arab Emirates, and upgrades for Saudi Arabia’s AWACS airborne command and control planes, have already gotten congressional assent. Officials here say they also expect the Saudi J-DAMS sale to proceed despite concerns expressed by some congressional supporters of Israel.

At the time the Gulf weapons sales package was announced last year, the Bush administration also committed to a 10-year, $30-billion arms package for Israel, representing a 25 per cent increase in annual U.S. arms aid to that country.

Briefing reporters, State Department Spokesman Sean McCormack said the administration has assured Congress it would do nothing to upset Israel’s military edge over potential enemies in the region.

“We’ve spent a lot of time assuring that we abide by our commitments to a qualitative military edge for Israel,” said Sean McCormack. “This is something that President Reagan first talked about and it’s been reiterated and reconfirmed by each successive president after that. We’re committed to maintaining that qualitative military edge for Israel.”

Israel itself has not protested the pending sale. Israeli officials have said they anticipate being provided with a new-generation U.S. smart bomb more capable than J-DAMS, which have been in service for more than a decade.

A spokesman for House Foreign Affairs Committee Chairman Tom Lantos, a prominent advocate for Israel in Congress, said he does not intend to push a resolution of disapproval.

However one House member, New York Democrat Anthony Weiner, said he would introduce such a measure and already has more than 30 co-sponsors.

Critics of the package have faulted Saudi Arabia’s record in combating terrorism and advancing political reform. Under questioning here, Spokesman McCormack said the Saudi government has made “quantum leaps” in action against terrorist cells and financing in recent years and has begun the process of reform, though not necessarily at a pace that would please some critics.

Two-thirds majorities of the members in both houses would be required to block the sale and officials here say chances for that appear nil.

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New Zealand government denies financial assistance for Overlander
February 26, 2020 · Uncategorized · (No comments)

Monday, September 25, 2006

The New Zealand government today has announced that they will not provide financial assistance to the Overlander train service between Auckland and Wellington, which is set to stop service on September 30, if no assistance is forthcoming. ONTRACK will retain the North Island main trunk line, while looking for tourism operators to start a tourist rail service.

Trevor Mallard, acting Finance Minister, said: “In making this decision… Cabinet recognised that there was no prospect of the current Overlander service becoming commercially viable. It was not a fuel-efficient operation and at an average passenger rate of 50 passengers each way per day, it was used by relatively few people.”

It is cheaper and faster to travel either by bus or plane rather than the 12-hour train journey. “The fares already overlap with airfares, and the reality is that the service is just not well-used. It can not compete with low-priced air travel and coaches. Cabinet considered the regional implications of ceasing the Overlander service and accepted that the current bus services run by the InterCity Group met the needs of those communities,” Mallard said.

There has been numerous petitions from the public and from the Green Party of New Zealand to continue the Overlander train service, including one petition signed by 16,000 people presented at the Parliament Buildings on September 14, 2006. “While there have been a number of propositions about retaining the Overlander service, all of the propositions would require government funding in one form or another,” said Mallard.

Mallard said that the government will only support rail services if it significantly benefitted the community.

The Government estimates that financial assistance to the Overlander train service would cost NZ$1.75 million a year.

“Finally, the government does recognise and value the importance of a viable and efficient rail network in New Zealand’s transport infrastructure. This was a critical factor in the government’s decision to buy the rail network back from Tranz Rail. The government has also committed $200 million to upgrade the national rail network between 2004/05 and 2007/08. A further $600 million has been provided to upgrade the Auckland rail network between 2005/06 and 2009/10.”

February 23, 2020 · Jewelry · (No comments)

byAlma Abell

How badly do you need to get away for a weekend? Are you feeling drained from your job and the everyday traffic? Then you should do it. That is right. You need to recharge. The best way to do it is with a weekend vacation at the lake or any other place that you find relaxing. You could even consider going to to a romantic bed and breakfast with your significant other. If you think all of that sounds amazing, you are right. However, if you are saying you do not have the funds to make it happen, it is time that you took charge of your life and got the money. In fact, you can do just that when you sell jewelry in Atlanta. That is right. It is time to gather all your unwanted or broken gold jewelry and find out how much the pawn shop is willing to pay for them. It may be the exact amount you need to fund your trip.

[youtube]http://www.youtube.com/watch?v=ErzAzcuHJW8[/youtube]

There is no point in leaving unwanted or broken jewelry sitting around your home. After all, if you never plan to wear it, why not use it to invest in your well-being? You work hard, and you are entitled to live a little and enjoy a weekend vacation. There are many places to go, and if you drive to them, you will also save on airfare. When it comes to getting the money you need and saving on airfare, you can do it. You will just need to know what your budget is. You will know what it is after you meet with the consultant from the pawn shop. Once you sell jewelry in Atlanta, you will then be able to go online and figure out your travel plans.

Do you know where to go to find the best service? You will go to happy hocker jewelry & loan. After you walk in, the consultant will review your jewelry. Next, he will tell you how much he is willing to pay for the pieces. If you take the offer, you will know what your weekend travel budget will be.

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NSW school maintenance a “disgrace”: Opposition
February 22, 2020 · Uncategorized · (No comments)

Monday, May 29, 2006

New South Wales opposition leader, Peter Debnam has called the maintenance backlog in NSW schools a disgrace following an announcement by the Iemma government to spend AUD$120 million over four-years.

Mr Debnam challenged the government to fix the problem before the election in March next year and said that the plan was a “fraud”.

In 2005, the NSW Auditor-General released a report disclosing a $116 million maintenance backlog in schools across the state. The report stated that there were 1,000 outstanding maintenance jobs, ranging from leaking roofs and fraying carpets to classrooms in need of paint across the states’ 2,224 government-owned schools.

On Sunday, NSW Premier, Morris Iemma announced that his government would be spending $120 million over a four-year period to clear the backlog. During the announcement, he admitted that the government needed to do more to clear the backlog. “It is part of our plan to ensure our children have the best possible education and the best possible learning environment,” he said.

Teachers have said that the level of funding and time frame were not enough to clear a backlog spanning 10 years. President of the NSW Teachers Federation, Maree O’Halloran said, “Why should children have to wait four years for overdue maintenance work which forms the maintenance backlog?”

“In 2005, the Auditor-General identified a $115 million maintenance backlog and Professor Tony Vinson called for an additional $90 million dollars for maintenance per year, over two years.” said Ms O’Halloran.

Opposition education spokesperson, Brad Hazzard said that the government’s plan is a fraud and that the reason students are leaving school is because of the out-dated infrastructure.

“The announcement of extra money is a fraud because it is over four years,” said Mr Hazzard.

“The State Government has shown no foresight about the major problem that causes … students to walk away from the public school system annually – 1960 infrastructure in the 21st century.” said Mr Hazzard.

Kenya’s Cheruiyot and Russia’s Grigoryeva capture Boston Marathon crowns

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Kenya’s Cheruiyot and Russia’s Grigoryeva capture Boston Marathon crowns
February 21, 2020 · Uncategorized · (No comments)

Monday, April 16, 2007

Kenya‘s Robert Cheruiyot won the men’s division of the 111th running of the Boston Marathon finishing with a unofficial time of 2:14:13 seconds. This is Kenya’s 15th win in 17 years. It is also Cheruiyot’s third Boston Marathon win and second consecutive win. Cheruiyot first won in 2003, then again last year and setting the current course record of 2:07:14. He was able to win despite a slick, wet road, fierce winds on the final stretch and headaches that have plagued him since suffering a concussion sliding across the finish line in the Chicago Marathon last year after a fall. “When the lion is chasing the antelope, he doesn’t look back. He has to eat, so when I run, I don’t stare at my time,” stated Cheruiyot.

When the lion is chasing the antelope, he doesn’t look back. He has to eat, so when I run, I don’t stare at my time.

Russia‘s Lidiya Grigoryeva captured the women’s division crown with an unofficial time of 2:29:18. This is her first Boston Marathon win and Russia’s fourth win. She beat last year’s champion Kenyan Rita Jeptoo and the American favorite Deena Kastor, who was born in Waltham.

Japan conquered the wheelchair divisions winning with Masazumi Soejima capturing the men’s wheelchair crown with an unofficial time of 1:29:16 beating South Africa‘s Ernst Van Dyk who hoping to tie with the current Marathon record of seven total wins. Van Dyk won the Marathon’s men’s wheelchair division from 2001 through 2006. Wakako Tsuchida won the women’s wheelchair division with an unofficial time of 1:43:29. The two wins were Japan’s first in the wheelchair divisions.

The weather was of some concern due to the fact a Nor’easter pounded the area the night before that forecasters were predicting to interfere with the race. However, by morning the weather was calm with a temperature of 52 degrees Fahrenheit and some moderate rain leaving the road slick along with some stiff winds at starting line in Hopkinton. However, the sun made an appearance during the race. However, the winds did slow down the runners somewhat. Others did not turn up at all, Marathon officials reported that 2,449 of 23,903 registered runners did not pick up their bibs.

Local inspirational icons, Team Hoyt, made up of Dick and Rick Hoyt did not take part, due to the fact, Rick Hoyt, who was diagnosed with cerebral palsy at birth could not compete as he was recovering from surgery and a infection in his hip.

The Marathon winners receive $100,000 USD as first prize and a olive wreath.

East Timor – Australia problematic billion-dollar gas and oil accord

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East Timor – Australia problematic billion-dollar gas and oil accord
February 19, 2020 · Uncategorized · (No comments)

Saturday, December 3, 2005

Australia and East Timor officials signed a billion-dollar gas and oil accord, which is necessary because of a current maritime border dispute between the countries, which covers a major oil field. Although the accord has to be ratified by East Timor’s parliament which is ruled by Fretilin with 55 seats the biggest block in parliament, but all the smaller parties are said to be working together to veto the deal.

In 1975, Portugal abandoned East Timor and the people declared self-independence only to be invaded by Indonesia with out any intervention from Australia or the United States. Indonesia then agreed on no formal maritime boards but on a joint exploitation zone splitting profits 50/50. Indonesian rule in East Timor was marked by extreme violence and brutality and following a UN-sponsored agreement between Indonesia, Portugal and the US, East Timor held a referendum and gained independence, but violent Indonesian sponsored militia took hold. A peacekeeping force (INTERFET, led by Australia) then intervened putting a stop to the violence. The exploitation zone splitting profits was then changed to 60% in favour of Australia, but now a new deal has been proposed 90/10 in favour of Timor. In the mean time Australia has been accused of profiting by up to 2 billion dollars between the deals by activist groups like http://www.timorseajustice.org/ whose campaigning saw Woodside suspended oil pumping in the affected area.

Contemporary International law asserts that the area under dispute belongs to East Timor. Australia has withdrawn from the maritime division of the International Court of Justice, which could have settled this matter, instead opting to try to settle the matter without the court.

The previous deal has caused political infighting within East Timor about why such a smaller percentage was accepted.

What Can Laser Surgery In West Point, Ne Do For You?

February 18, 2020 · Hyperhidrosis Surgery · (No comments)

byadmin

Your eyes are one of the most important parts of your body. Without your eyes, many daily tasks in life would be significantly more difficult and troublesome. However, not everybody’s eyes work the way they should. Millions of people are born with conditions such as farsightedness, nearsightedness, and astigmatisms. These conditions can alter your eyesight in a way that you need corrections to fix them. Some of these corrections include glasses and contacts. Wearing and caring for contacts and glasses every single day can get extremely annoying and tedious after decades. Thankfully, there is a more permanent solution to these conditions. Laser surgery can quite literally reshape your vision.

What Is Laser Surgery?

As the name might suggest, laser surgery in West Point, NE involves the use of medical lasers. The most common type of surgery involves reshaping the cornea. The laser will physically cut a flap into your cornea. Once the flap is there, the surgeon will then fold back the flap and then remove some corneal tissue from underneath the cornea. The flap is then replaced. The reshaped cornea can now reflect light into your eyes properly, which can lessen or completely fix vision problems. There are other forms of laser surgery that are designed to help with different, more specific eye problems. You can consult your regular eye doctor to determine which type of laser surgery is most suitable for you and your eyes.

Why Get Surgery?

While glasses and contacts can correct some visual problems, wearing them every day can become rather annoying. Not only do you have to wear them but you often have to take special care to ensure that they are rarely if ever, damaged. These types of corrective devices can be extremely expensive, depending on your vision problems. That being said, vision also changes over time, meaning that you have to go back to the eye doctor to change the strength of those corrective devices repeatedly. This is a costly, time-consuming, and tedious process. With laser surgery, you will be able to do that less or maybe not even at all anymore. For more information on what laser surgery can do for you, click here to learn more.

Wikinews interviews Israeli mathematician and writer Aner Shalev

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Wikinews interviews Israeli mathematician and writer Aner Shalev
February 18, 2020 · Uncategorized · (No comments)

Wednesday, September 19, 2007

Aner Shalev is an Israeli mathematician and writer born in 1958 in Kibbutz Kinneret, Tiberias. Currently Shalev is a Professor at Hebrew University of Jerusalem‘s Einstein Institute of Mathematics.

At the moment Shalev is in Levico Terme, Trento, Italy for a conference. He was interviewed by Wikinews.

Qantas ordered to check oxygen cylinders

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Qantas ordered to check oxygen cylinders
February 18, 2020 · Uncategorized · (No comments)

Sunday, July 27, 2008

Australian Transport Safety Bureau announced that an oxygen cylinder which was located near the area of the explosion on Qantas flight QF30 from London, England to Melbourne, Australia was unaccounted for but said that it was too early to say that an oxygen cylinder could be the cause of the mid-air explosion. It did say it had ruled out explosives as a cause stating that they “found no indication of explosives”.

The Civil Aviation Safety Authority has ordered Qantas to check all oxygen cylinders and the brackets which hold them on its Boeing 747s, but hasn’t ruled out that the order will be extended to all of the Qantas fleet.