2007年2月11日星期日

Car Hire Malaga Mini guide to Malaga

Malaga is located in the southern part of Spain on the coast of the Mediterranean Sea, known as Costa del Sol. The perfect weather in Malaga together with the many beautiful beaches in the area make the province one of the most popular holiday spots in Europe.
The climate aside, this is a fascinating area with a rich and unique history and the town has a great variety of restaurants, bars and bodegas, which are normally are busy throughout the week.
The town most famous son is the painter Pablo Picasso and the Pablo Ruiz Picasso Public Foundation is located in the house were the painter was born in 1895. The museum contains drawings and other works and material about the artist's life and work.
For those interested in architectural history, the Cathedral was built on the top of a former Mosque, which was destroyed when the Moors lost the town. In the Cathedral museum you can find religious paintings, sculptures and manuscripts.
The Dioxesal Museum is situated just next to the Cathedral and is dedicated exclusively to religious art.
La Alcazaba is a military fortress build by the Moors in the 11th century on the remains of a Romans fortress. The fortress lies on a hill top with an amazing view back over the town and the sea.
The Roman Theatre, first discovered in the 1950s, is located just below La Alcazaba. It hasn't been used since the 3rd century and is another sight not to be missed.

What Type of Insurance is Best for You?

The choices in life insurance policies are bewildering. Keep one thing in mind: if you don't need it, don't buy it.
Do I Need Life Insurance?
Life insurance needs vary depending on your personal situation. If you have no dependents, you probably don't need life insurance. If you don't generate a significant percentage of your family's income, you may not need life insurance.
If your salary is important to supporting your family, paying the mortgage or other recurring bills, or sending your kids to college, life insurance is important to ensure that these financial obligations are covered in the event of your death.
How Much Life Insurance Do I Need?
It's difficult to apply a rule-of-thumb because the amount of life insurance you need depends on factors such as your other sources of income, how many dependents you have, your debts, and your lifestyle. The general guideline is between five and ten times your annual salary.
What Type of Policy Should I Buy?
The debate over term versus whole life insurance goes on. Some experts recommend that if you're under 40 years old and don't have a family disposition for a life threatening illness, go for term insurance, which offers a death benefit but no cash value.
Whole life offers both a death benefit and cash value, but is much more expensive. Half of all cash value policies are surrendered within the first seven years, making the coverage very expensive because huge commissions (thousands of dollars the first year) and fees limit the cash value in the early years. Since these fees are built into the complex investment formulas, most people don't realize just how much of their money is going into their insurance agent's pockets.
Whole Life
In this more traditional life insurance policy, the premiums stay the same over the life of the policy, which stays in effect until your death, even after you've paid all the premiums. A cash reserve is built up, but you have no control over how it's invested.
Variable Life
Variable life polices build up a cash reserve that you can invest in any of the choices offered by the insurance company. The value of your cash reserve depends on how well those investments are doing.
Universal Life
You can vary the amount of your premium with Universal life insurance policies by using part of your accumulated earnings to cover part of the premium cost. You can also vary the amount of the death benefit. For this flexibility, you'll pay higher administrative fees.
How Much Will It Cost?
The least expensive life insurance is likely to be from your employer's group life insurance plan. These policies are typically term policies, which means you're covered as long as you work for that employer. Some policies can be converted upon termination.
The cost of other types of life insurance varies greatly, depending on how much you buy, the type of policy you choose, the underwriter's practices, how much commission the company pays your agent, etc. The underlying costs are based on actuarial tables that project your life expectancy. High risk individuals, such as those who smoke, are overweight, or have a dangerous occupation or hobby (for example, flying), pay more.
There are often hidden costs in life insurance policies, such as fees and large commissions, that you may not find out about until after you purchase the policy. There are so many different kinds of life insurance, and so many companies that offer these policies, that I recommend using a fee-only insurance advisor who, for a fixed fee, will research the various policies available to you and recommend the one that best suits your needs. To ensure objectivity, your advisor should not be affiliated with any particular insurance company and should not receive a commission from any policy.
An healthy 30 year-old man could expect to pay approximately $300 a year for $300,000 of term life insurance. To receive the same amount of coverage under a cash value policy would cost over $3,000.

Summary
When choosing life insurance, use the Internet's resources to educate yourself about life insurance basics, find a broker you trust, then have the policies he or she recommends evaluated by a fee-only insurance advisor.
Internationally known financial advisor Suze Orman strongly believes that if you want insurance, buy term; if you want an investment, buy an investment, not insurance. Don't mix the two. For the record, unless you're a very savvy investor and understand all the implications of the vavious types of life insurance policies, I agree with her. The bottom line is that the average person should be purchasing term life insurance.