Archive for July 23rd, 2010

Cheap Term Life Insurance – How to Find It

Finding good insurance is never easy. Finding cheap term life insurance can be even harder. Life insurance is not one of those things that people want to pay for, but it is something that you have to have in order to protect your loved ones after you are gone. In order to find the best rates that are available, there are some things to consider. Here are some tips to help you in your search: – Start by finding companies that sell life policies. If you already have existing health insurance coverage, consider seeing if they have an affordable life program that suits your needs. If not, find other companies to work with. – Eliminate companies that seem less reputable or that might not have the lowest rates possible. Consider asking friends and family for referrals or recommendations to help narrow down your options. For example, if someone had a bad experience…

Importance of Writing Your Life Policy In Trust

Copyright (c) 2010 Steve Wentworth Overview The majority of life insurance companies offer a service whereby the policy proceeds can be placed into a trust. The purpose of this article is to explain why it is important to write your life insurance policy into trust and why seeking independent advice is crucial in securing the welfare of your family. What is a trust? A trust is a way of making a gift, whilst maintainig some control over who benefits from it and when it becomes available. Instead of monny trasferring directly to the beneficiaries, it is transferred to and held by people known as trustees. The gift can be anythng from a house or a life insurance policy. For the purpose of this article we will only consider life insurance policies or combined life and critical illness policies. The fundamentals rewuired to form a trust? There are four key parts to…

IPO of Janata Bank First Mutual Fund 2010

For Details Click here FundNature of the Fund: Closed-end Mutual Fund with a tenure of 10(Ten) years. Objective: The objective of the fund is to provideattractive dividend to the unit holders byinvesting the proceeds in the variousinstruments in the Bangladeshi capitalmarket and money market. Subscription Open August 01, 2010 Subscription Close August 05, 2010 For Non-Resident Bangladeshi August 01, 2010 to August 14, 2010 Offer Price Tk. 10.00 per unit Face Value Tk. 10.00 per unit Market lot 500 Units Sponsor’s Portion (Units) 50,000,000 Pre IPO Placement Portion(Units) 50,000,000 Public Offer (Units) 100,000,000 Size of the Fund (Units) 200,000,000 Size of the Fund (Amount) Tk. 2,000,000,000.00 Asset Manager: RACE ManagementPCL Sponsor: Janata Bank Limited Trustee and Custodian: Investment Corporation of Bangladesh Website www.racebd.com   DIVIDEND POLICY : 1) The accounting year of the Fund shall end on June 30 of every calendar year or as determinedby the Commission. 2) The Fund shall, as soon as may be, after the closing of the annual accounts…

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