₦airaland Forum

A great way to ease the pain of the increased fuel price is ride sharing.

Driveinhub is a Ride Sharing app for all to ease the high cost of transportation.

Driveinhub- Ride Sharing & Multi-Purpose App

𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑵𝒐𝒘:
App Store [https://apps.apple.com/us/app/driveinhud/id6447472979?platform=iphone]

Google Play store: [https://play.google.com/store/apps/details?id=com.charpell.driveinhud]

shabashola:
I regret been married, my hubby is making my life miserable...

shabashola:
Me I suffer for good eight years in the building with ( five kids), the guy man became rich n said to me that I am a mistake... Gbam na d matter we dey now

tumababa:
imagine putting the amount in a bond or even savings. insurance na scam jare. except its compulsory, im not doing.

Aaaaarghmed:
Nigerian girls are good,the problem 90 percent have is they expect you to shoulder their Bill's automatically.

Alvin212:
Your panties is my handkerchief

jmoore:
The analysts are obviously myopic. Nigeria is an importing country, therefore expecting a dollar to be 650 naira next year won't happen. Tens of billions of dollars from crude oil revenue is not enough to meet the demand of forex.

livenija:
Boring mode of advertising

lakesider2006:
are u a pastor?

b3llo:
what an experience!

Dc14:
. When they no they will comeback why do they leave before

Natotogokillme:
Don't mention Chinese first. Talk about Indians. Those ones are both physically and emotionally abusive.

b3llo:
some people say Chineses are better than Indians. I don't know of Lebanesse and Palestinians, I can't say much for them.

johnnychuks:
you not serious bro! I don't think you have work with them sir.

b3llo:
I heard they are terrible bosses and they short change their staff. They don't give proper safety equipment and gears when working in hazard environment

This is a story about an immigrant couple who moved to Canada in their early 30s. Let's call them Jane and John.

As it is common with the immigrant community, they were quickly sold a Term Life Insurance by an agent who advised them to protect their lives and loved ones with life insurance coverage and invest the rest of their funds in other asset types.

This made sense to the couple, so they got a Term Life Insurance for themselves and continued to invest in RRSP, TFSA, real estate and other non-registered investments.

At the time they got their Term Insurance coverage, they were both 35 years old. Based on their family experience in their home country, their parents and grandparents had only managed to live upto ages less than 65 years old. So, they were pretty comfortable that a 30-year Term Insurance (T-30) will be sufficient for their needs.

As expected, the cost of a T-30 insurance was pretty affordable at a premium of $75/month for John, and $55/month for Jane. So, they had more than enough to invest elsewhere while their lives stayed protected with life insurance.

There was only one problem. They lived to be older than 65, the age when ther term life insurance terminates!

John had developed some health concerns at the age of 63 and expected to pass on before his 65th birthday. Shall we say fortunately, the Universe had other plans. He lived past that age but passed on 3 months after his 66th birthday.

Because their Term Life Insurance had now lapsed, that left the family with nothing to claim from the coverage. They had to source for funds from their personal savings and investments to pay for his funeral expenses, probate fees and final taxes.

This experience got the wife, Jane, thinking she needs to get another life insurance coverage in place immediately. By this time, she was already 66 as well. So, her cost of insurance for a 10-year Term Life Insurance was already over $260 monthly.

Considering that some of John's assets had rolled over to Jane, her passing will trigger significant amount of final taxes. So, she decided to get that insurance for another 10 years as this will last her till age 76.

Life can be tricky atimes. Jane refused to die before age 76, and lived until she was 80 years old. At this age, getting a life insurance had become unreachable and impossible for her.

Upon her passing, her family had zero claims to any insurance coverage because it had lapsed yet again.

With the probate process, funeral expenses and final taxes, the financial burden was quite significant for their children as they had to dip into their savings to sort things out while they awaited resolving other issues arising from Jane's will.

Throughout the period of their Term Life Insurance, they paid over $78,000. Yet, they and their beneficiaries were not able to enjoy any benefits from it because they lived longer than anticipated.

Are you planning for long life? Do you want this to be your story?

kaywhy09:
No be small thing o

Bukola94:
like relocating to another state, what if they still come around

Fruit4me:
some of una here on Nairaland Dey write like say na goat milk una suck

kaywhy09:
Vowed not to marry until certain things are achieved.

Close to 4.0

Things getting worse.

No good income.

Can be so tiring sometimes!

But still will never do anything st.upid!

helinues:
Being a boss is even more complicated than being a worker

Bukola94:
A man said in a thread that is girl is good but the girl family are so toxic. What will be your advice for him,is like the man in question wants to wife the girl. Just that her family is toxic

wunmi590:
Wo ju mi le jor

GodWrites:
If you are not a good marketer, you can't succeed in business.

wunmi590:
For congratulating me just because I've spent my June salary even before collecting it 😢