Value Place eyes Sunport Hotel
Dallas’ Quanah Hospitality has acquired a 1.83 acre parcel at Mulberry and San Jose SE in Albuquerque with the intent to build a Value Place extended-stay hotel.
Mesa Capital names new CEO for ClingZ
Moritz Schlenzig of Mesa Capital Partners has taken over as CEO of Rio Rancho-based ClingZ Inc.
LANL pledges $2 million to United Way
Los Alamos National Laboratory employees have pledged a record $1 million in new donations to United Way programs in northern New Mexico and Santa Fe.
General Growth gets loan extension
General Growth Properties Inc., owner of Coronado Center in Albuquerque, New Mexico's largest covered shopping mall, has received a two-week extension on $900 million in mortgage loans that came due on Friday. (GGP)
Presbyterian considers more Westside land
Presbyterian Healthcare Services is on the hunt for additional land on the Westside of the Duke City and will most likely make a four acre acquisition early in 2009, according to Jim Jepson, administrative director of real estate at the hospital.
Inn of the Anasazi names new director
Andrea Gates has been named the new managing director of the Inn of the Anasazi in Santa Fe.
Dallas businessman to chair SBA board
A Dallas business owner has been named chairman of the regulatory fairness board for the region of the U.S. Small Business Administration that includes New Mexico.
Albany Int’l Corp. to waive $7.4M in Eclipse debt
Menands manufacturer Albany International Corp. has said it will have to waive up to $7.4 million in unpaid bills charged to bankrupt jet company Eclipse Aviation Corp. (AIN)
NRF reports Black Friday results
More than 172 million shoppers visited stores and Web sites over the Black Friday weekend, up from 147 million shoppers last year. Spending in the West was below other parts of the country, according to the National Retail Federation’s 2008 Black Friday Weekend survey, conducted by BIGresearch. Discounters reported the most traffic.
Symphony cuts $200,000 from budget
Faced with a severely weakened economy, the New Mexico Symphony Orchestra is cutting more than $200,000 from its budget for the current season.


pay your life premiums if you cannot work for six months or more as a result of illness or injury. Most of the insurers will expect the premiums to be paid on the life policy for normally at first, however after normally about 26 weeks of incapacity the premiums will be waived.

The incapacity or waiver on a life policy is normally assesed by something called Functional Assessment Tests and these are to be done without the help of another person.

Walking - the ability to walk 200 metres on the flat ground with or without the aid of a walking stick without stopping or experiencing discomfort.

Bending - the ability to get into and out of a standard saloon car and the ability to bend or kneel to pick an object up off the floor and straighten up again.

Communicating - the ability to answer the telephone and to take a message.

Reading - having the required eyesight(corrected if necessary) to be able to read a daily newspaper

Writing - having the physical ability to write legibly using a pen or pencil without aid.

Climbing - having the ability to climb a flight of 12 stairs without stopping or suffering severe discomfort.

These are only guides and should not be relied upon totally your life broker, will be able to advise in individual circumstances

Conversion of Life Policies

Some life brokers/assurance companies will offer the flexiblity to convert your life policy to a Whole of Life Plan without providing further medical evidence. When taking this option there are some restrictions that need to be explored fully when adding it. Your life financial advisor/ broker needs to advise you on this option carefully.

Indexation of Life Policies

This option is added to keep your life policy up with inflation. Both the premiums and the amount of life increase with the RPI (Retail Price Index) this can be up to 10% in any one year. Normally if the indexation option is added to the life policy the opportunity to increase the cover will be given regularly but if it is declined it wont be offered again.

If you are ever in any doubt about what options to add to your life policy then you should consult your life broker and request the technical guides and key facts for the products being cosidered. Life is not complicated but it is important to pick the right policy with the right options from the outset.

Article Source: Articles Beyond Better

For more information about Life Cover feel free to visit www.unbeatablelifeandcriticalinsurance.co.uk.

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