Insurance For Equity Actors

An actor is a person who makes his living by playing roles of various characters in movies, on television shows, stage plays, etc. If an actor chooses to become an equity actor, he can become an equity actor. In the United States as well as United Kingdom there is an association called The Actors’ Equity association an actor can register with this association and get the benefits that this association provides.

Primarily, the insurance that comes free for an Equity Actor is Public liability Insurance, The backstage Insurance and accident cover as long the actor is a member and under benefits.

As an actor your body is an asset that will help you to achieve success in the film industry. Your voice, your vision, your physical ability and good health will help you to excel in every audition, rehearsal and performance. If as an actor you do not maintain a good health or do not follow a proper physical fitness routine, then be prepared to lose good roles provided by film makers.

Most of the employers do not provide any health care plans or car insurance plans or life insurance plans or house insurance plans. An actor has to take these insurance’s plans on his own.

An actor should opt for a health insurance plan that covers preventive care, including all regular health screenings appropriate for your age group. This will likely be a comprehensive plan, which usually has a deductible and co-payments for office visits.

One of the other insurances that an actor or an actor’s employer should buy is Artist Liability Insurance.

This insurance offers many benefits such as.

Artist Liability Cover:

This policy covers all the law-suits that are filed due to the conduct of an artist onstage as well as offstage. Anyone who is employed by an actor will be covered.

Equipment damage Cover:

This insurance covers damages to the equipment that an artist or his employer rents, any repairs that are carried out on these equipments will be covered.

Public Image Protection Insurance:

This insurance covers if your business spokesperson causes any kind of damage to the promotion of your business. If you are required to re-shoot commercial or cancel any shows or want to hold a show for public apology all of this would be covered.

The Main Man Life Insurance:

This insurance provides financial aid if the main character of your shows dies or has an accident, financial aid would be provided to the next in Keith and Kin.

All Risk Insurance:

This insurance provides the benefits of life insurance to all the performers of the show or a stage play, in case a performer dies on the stage or off the stage.

New Equity Release Lender More2Life Launches New Products

Signs that the equity release market is beginning to spark into life again, can be evidenced by the re-emergence of a former lender in the market.

More2Life have joined forces with annuity specialist Partnership assurance to re-launch their impaired life roll-up lifetime mortgage plan.

Incorporating an impaired life facility & protected equity guarantee, the More2Life equity release plan can be seen to be opening a niche market for itself. The impaired life facility means that depending on health & lifestyle, a higher than normal tax free lump sum can be achieved, should serious health issues be present.

The More2Life equity release plan has been designed with three scenario’s in mind: -

1. Enhanced plus – industry leading maximum release, impaired life product

2. Enhanced protected – impaired life plan with ‘protected equity guarantee’

3. Protected plan – older applicants looking for a ‘protected equity guarantee’

Pitching the enhanced plus plan at the maximum release end of the market means that should the applicant qualify on medical grounds, they would have the highest lump sum currently available. This would even surpass the current Aviva Lump Sum Max product, although this would be at the expense of a higher interest rate with More2Life.

The following percentages are the maximum releases available on the Enhanced Plus: -

Age 55 23%

Age 60 28%

Age 65 33%

Age 70 38%

Age 80 48%

Age 90+ 54%

For example, an applicant aged 65 with a property valuation of £250,000 & meeting the underwriting criteria, can release a maximum of £82,500 on the enhanced plus plan.

The interest rate for this product will be 7.49% monthly.

The second product – ‘enhanced protected plan’ is also based on health & lifestyle grounds & again can provide an enhanced lump sum. However, to qualify for this equity release scheme the health situation will not be a serious as the enhanced plus. The interest rate for this plan is lower at 6.99% monthly.

Another feature of this plan is the ‘protected equity guarantee’ which is included & guarantees a percentage of the property for the children/beneficiaries on the eventual sale of the property.

The guarantee works as follows: -

Should the overall facility available be £80,000, yet only £40,000 is taken, then 50% of the final sale value will be protected on sale.

This can be an essential tool for applicants who wish to ensure that a guaranteed inheritance is passed onto their children.

The final option is the ‘protected plan’ which has no impaired life facility, but does include the protected equity guarantee. The interest rate is the same as the enhanced protected at 6.99% monthly.

In summary, depending on whether the maximum lump sum is being sourced, or one is looking to take equity release but still guaranteeing an inheritance for their children, then one of the three More2Life schemes can benefit.

Do Safe Equity Release Schemes Actually Exist?

Probably the most secure Equity Release Schemes existed around 40 years ago and were known as life time income or home income plans. These equity release plans where only available for retired home owners aged over 75 and involved a secured property loan of up to £30,000 with fixed interest only repayments for life. At that time it was possible to qualify for tax relief deducted at source on the mortgage interest so interest only repayments were reduced. The loan amount was used to buy a life time annuity that paid a very high fixed income for life. The monthly payments from the annuity were greater than the net fixed mortgage repayments, so the home owner had change left over to spend.

These equity release schemes could make a come back, but with tax relief no longer available on interest payments the annuity would need to be substantial. This means that the annuitant will need to be typically over eighty years old and in adverse health. It is also possible these days to access much larger equity release loans, particularly for much older home owners. For example an elderly homeowner could apply for an interest only lifetime mortgage that could produce a lump sum of say £50,000. This cash sum could buy an annuity income of say £7,000 p.a. or more for life. So if the interest only mortgage is say 7% p.a. (£3,500) then the homeowner would be able to keep the difference (£7,000 less £3,500 = £3,500 p.a.) as a lifetime spendable income.

In this instance the annuity income provides a guaranteed annual fixed return of £7,000 (14%) so when the fixed interest only mortgage of say 7% has been paid by the annuity income, the net lifetime annual income to the retired home owner is 7% which is paid monthly.

The downside of this equity release scheme arrangement is that the £50,000 loan to buy the annuity has been sacrificed for good, even if death occurs early. However this type of equity release may be regarded by many as the safest form of home income plan. This is because unlike a home reversion plan, you do not have to sell a part or all of your property to release capital. Also, unlike a roll-up lifetime mortgage, the original loan always remains the same, so any uncertainty is removed.

In the above example, the £50,000 loan to buy the annuity always remains the same unlike the most popular equity release schemes of today whereby unpaid interest will accumulate on top of the original advance. When the house is sold after the annuitant dies or moves into care the original £50,000 is repaid to the lender. However with a mortgage interest roll up scheme, the amount that will be eventually being repaid is not known.

With the annuity scheme if the person is still alive when the house is sold due to downsizing or entering residential care, the annuity income still continues being paid for life. This is simply because the annuity remains in force as the £50,000 loan used to buy the annuity in the first place is repaid from the proceeds of the house sale.

Immediate Annuity Explained

An immediate annuity can be thought of as the opposite of life assurance whereby young people are worried about dying too soon due to illness or accident. So for a regular payment they can make sure a large lump sum is payable if they die early. But with pure life insurance there is no return of premiums if the person does not die. However an annuity is a lump sum payment by older persons who are worried they may live too long. In return they receive a regular income for life but if they die too soon their lump sum is not returned.

In other words, the benefits of life assurance are when a person dies too soon. But the benefits of an annuity are when person lives too long.

Summary

Extra income produced by an equity release scheme can help pay for domiciliary care and prevent an elderly infirm person from having to sell up and move in to residential care.

Mortgage interest paid by an annuity may be seen as the safest form of equity release scheme, but it only works for very elderly homeowners in below average health who may be unable to carry out one or more activities of daily living. However there are three certainties.

The original loan does not increase.
The income is guaranteed for life.
The property does not need to be sold.

On the negative side, if the person dies early, the money used to buy the annuity has been lost and only a few income payments may have been received.

A free equity release scheme guide and a unique equity release calculator tool that measures equity release lifetime mortgage risks can be accessed at the Equity Release Analysis Centre.

Connect With Your Workforce With Better Health And Safety Software

Today’s HSE practices are better than they have ever been. Not only is there a greater public awareness and professional focus on workplace safety, there is an entire industry around helping HSE professionals create a safer workplace. Nowhere can this be better seen than in the health and safety software industry.

This industry has become an integral part of today’s HSE management process. Those that aren’t using it are thinking about it or actively looking for health and safety software solutions that will help them improve their ability to create a safer workplace.The benefits of health and safety software Yes, it, in general, is designed to improve a number of existing processes within the workplace, including incident reporting, hazard management, inductions and training, job safety assessments, contractor management, prequalification, and more. Most of these usually rely on a paper-based system and a lot of manual input from managers and staff. But good health and safety software needs to offer a lot more than just a better process. It should have built-in functionality that actively assists HSE managers in creating a safer workplace.

When you’re looking for health and safety software solutions, there are a number of things you should insist on:
1.Reporting: Comprehensive reports on all information captured by the system should be readily available within a few simple clicks. The better and more up to date this information is, the faster you are able to act upon the results gathered. This can literally be the difference of implementing vital changes in time-or not.

2.Automation: While automation is a natural part of improving process, it can also provide additional functionality not previously available. For example, automatic notification of key people on safety related incidents, automatic reminders for when an induction is about to expire, automatic refusal of entry if a contractor’s insurance has expired.

3.Familiarity: Just because you’re improving your capabilities, doesn’t mean you have to reinvent the wheel. Look for health and safety software that draws upon an existing understanding of HSE processes. Does the software use the same language? Does it follow the same logical progression through the process? Is the user-functionality recognizable? This not only cuts down on training time, it means you can have your software up and running in a shorter time.

You also need to look at the specific workplace safety requirements of your organization. The better you understand what is unique about your HSE requirements, the easier it will be as you look for suitable health and safety software solutions.

The Importance of Computer Health and Safety

In the UK computer health and safety regulations were introduced in 1992 so that the public could assess potential risks linked to computers and their workstations. In the office workplace it is essential that all workers have a sound knowledge of computer health and safety. Numerous health problems like RSI could arise if computers are improperly used over long periods of time, leading to staff absences. If workers have sufficient knowledge however, they will know how to make efficient use of their computer and work environment and thus prevent any potential injuries occurring.

There are a range of computer health and safety assessments that need to be performed by those who work at a desk and computer. If these assessments are carried out, potential risks can be highlighted and thus resolved.

1. Positioning of the chair

In every workplace, the chairs supplied should be comfortable whilst encouraging proper posture. Computer health and safety guidelines state that chairs should support the lower back. It is also essential that chairs are a set distance from the screen monitor: 19 to 27 inches.

2. Layout of the desk

A working area should promote efficient working by being comfortable and stress-free. Any distractions should be eliminated so that the worker’s concentration isn’t affected.

3. Windows and lighting

The computer should not be situated in places where windows and lighting will affect screen visibility; any kind of glare on the screen will make it harder to work effectively. Yet if glare cannot be removed, rules suggest the purchase of screen filters. With knowledge of computer health and safety, each worker can check their screen regularly for brightness levels. The employer can be informed if workers feel they are straining their eyes and thus are not working effectively.

4. The screen monitor

To ensure full computer health and safety the worker’s screen should always be positioned at eye level. Strain to eye and neck muscles is inevitable when the screen is not adjusted to eye level. Computer health and safety rules also mention that the screen should be wiped on a regular basis; screen visibility will be seriously affected by build up of dirt or smears on the screen. Workers should also take regular breaks from looking at the screen to avoid straining their eyes.

5. The keyboard

In order to follow instructions, the keyboard should be positioned above elbow level. More use should be made of the keyboard as opposed to use of the mouse. Many workers use only the wrist to move the mouse when it should be moved by the whole of the arm.

6. Typing position

Many people are unaware of how much the typing position can increase risks of injury to all parts of the lower arm. Computer health and safety rules should be examined in regards to how the arms, wrists, hands and fingers should be positioned when typing.

7. Networks

EMF can seriously affect computer health and safety. This can be avoided by using wired networks as opposed to wi-fi or wireless networks.

8. Portable devices

Portable devices such as laptops are also brought into a workplace with static computers. Many are unaware that the same computer health and safety guidelines apply to these portable devices as much as they do to static devices (e.g. the worker with the portable device should also ensure that they have good posture and positioning like the worker with the static device.)

There also exist computer health and safety measures that apply specifically to portable devices, such as the way in which they are carried from location to location.

9. Computer health and safety exercises

There are various exercises you can do whilst at the workplace. These exercises are moderate, do not need any additional equipment and do not take up a lot of time. If the worker carries out these exercises on a regular basis then stress and strains on eye, neck, back or arm muscles can be avoided or improved.

Consequently employers and employees can make beneficial use of computer health and safety assessments. If workers are more comfortable and can avoid potential injuries, then they will be able to generate more business for their employer.

Choosing Essential Health and Safety Training for a Safer Workplace

Over 200 people are killed each year in accidents at work, and over 1 million people are injured. Workplace injuries are not just a feature of dangerous environments, but every workplace across the world. A basic essential health and safety training course will give workers an understanding of how to prevent themselves, other workers and others who enter the workplace from suffering illness or injury. As an employer, it is also your legal duty to protect the health and safety of employees, and failing to create a safe working environment can be breaking the law.

A basic safety course enables you to ensure everybody in your workplace remains safe and healthy. Basic safety training will cover the essential factors in a number of areas, making it an easy option for managers wanting to maintain a good working environment.

The key areas you should look for in an essential health and safety training programme are the following;

Fire awareness
Manual handling
Display screen equipment training
Slips trips and falls prevention.

These areas are the most common causes of workplace accidents, and should therefore be covered in a basic safety training course. The training should encourage employees to be aware of hazards which may occur in your workplace, and encourage them to do something about them if they do identify hazards. This is effectively done by giving students a risk assessment.

A good general health and safety programme will be able to be completed at different times, rather than all in one go when a student may not be concentrating for the full length of time. Online and CD-ROM based courses offer this advantage.

To track the learning progress of employees, it is often useful if the employer has access to an easy-to-understand tool to measure progress. This way, you are able to ensure that staff are completing their training effectively. To help you meet health and safety legal registrations, it may help to have certificates to prove that employees have received their essential health and safety training.

A good basic safety course will use a number of teaching methods, perhaps including videos, text, images and encouraging interaction. Everybody learns information in different ways, so it is best to choose an essential health and safety course which uses a variety of teaching techniques. Again, CD-ROM and web based courses are usually the only basic safety courses which offer this flexibility. They also allow for unlimited use, so are much more economical and cost-effective as they can be used to train other staff in the future too.

Aiming at Health Equity Through Public Health

Health Equity or healthcare disparity is required to be diminished in order to imbibe a social institution, a discipline or a practice that improves healthcare for all. Aiming at this wellbeing is very essential especially effective through the route of Public Health. Let’s have a look at how this concept works in building up Health Equity.

Health services tend to fail due to lack of accountability. Health equity refers to the differences in quality of health and healthcare. There currently exist vast discrepancies between developed and developing countries in relation to public health. Ultimately, collaboration is what can reduce healthcare disparities. Focusing on prioritizing healthcare needs and their respective consequences and economic impact is majorly considered.

Public health aims at improving the health of communities. Public Health Solutions specialize in improving the health of all the health management information related communities, groups, organizations to address the various challenges for a better tomorrow. What differentiates this concept from various concepts is the fact that it emphasizes on communities rather than individuals or primary care physician. Healthcare professionals generally deal with just individual health. Here, all the efforts adds on improved quality of life with higher expectancy, world-wide reduction in infant and child mortality, keeping environment safe and clean, preventing many transmissible diseases and promoting good health practices.

For the delivery of better patient care there has been more focus on the computerization of hospitals. There have been efforts in making institutional care happen. Healthcare delivery too is one of the most crucial aspects. Although there is improvement in the managerial efficiency it is indeed required to account if the services reach the beneficiaries (poor) as well. Health Equity would be well managed through system management process leading to an outcome of spirited community.

Currently it is just treated as a nationwide concept and has not been given much of an essence since major focus has been always diverted to immunizations and curative care. What’s required to do through Public Health is evaluate and monitor health, diagnose and investigate, empower and educate the community on healthcare, develop policies or enforce laws to finally assure that care is well provided. The key is to make available all relevant information on healthcare community. Communities should participate in decision makings and taking up responsibilities respectively. The goals of preventing diseases and emphasizing on health needs would highly be achieved through Public Health for the benefit of the population as a whole.

Home Equity Loans – A Walkthrough Guide of Home Loans

As the interest rate on credit cards and other loans continues to increase, many people have turned to home equity loans as a method of borrowing money at a low interest rate. The equity of your house is the difference between the value of your house at any given time and the amount of money you owe on the total balance. A home equity loan is a great tool for consolidating high interest loans and credit cards.

Another Mortgage – Can You Afford That?

Home equity loans are also known as second mortgages, and can provide you with many benefits that don’t exist with other types of loans. The interest rates can be much lower than credit cards. It isn’t uncommon to see equity loans which have interest rates which are at least 60% lower than credit cards. They are also tax deductible for up to $100,000. This makes them the obvious choice for those who have equity in their homes. Equity loans are flexible, and homeowners can also use a revolving line of credit to borrow money.

Security And Equity Are Required

Unlike many other loans and credit cards, home equity loans are secured. This means that your house is used as collateral. For example, if your house if worth $300,000, and you’ve paid off $50,000, you still owe $250,000. However, if the value of the house has increased from $300,000 to $350,000, you have $100,000 of equity. You can borrow money against this $100,000 by using a home equity loan. At the same time, it is important to remember that if you default on your payments, your home could be taken as collateral to cover the losses of the bank or mortgage company.

Who Will Lend To Me?

Most banks and mortgages companies enjoy providing home equity loans for their customers. A house tends to be the largest investment a person has, and many banks realize that few people will run the risk of losing it by defaulting on their payments. Because of this, home equity loans are considered to be a safe investment. Many people who have homes tend to have a more established credit history than those who do not.

What Can I Use The Home Loan For?

Many people choose to use home equity loans for remodeling their kitchens or bathrooms. Remodeling a part of your house is a great way to increase its value. It is also easy to get approved for loans which you plan on using for remodeling your home. They tend to have very low interest rates, and the amount you choose to borrow should be dictated by how you plan to remodel the home.

Another common use for home equity loans is higher education. As the cost of education continues to rise, it will become harder for many families to send their children to school. Many parents choose to use a home equity loan to invest in the education of their children. Despite this, many federal student loans have low interest rates as well, and parents will want to weigh all their options carefully before making a decision. Home equity loans which are used for education have many tax benefits.

My Mom Used To Say, ‘Prevention Is Better Than Cure’

Because many Americans don’t have health insurance, using equity loans in the event of an illness or injury is a great way to avoid debt. It has become much more difficult for people to file bankruptcy, and because of this it will not be easy to get out of a situation in which you have an unexpected illness. An equity loan could protect you in a situation where you have high medical bills with no health insurance. As the cost of healthcare continues to increase, having a equity loan or line of credit can greatly help you.