Connect with us

Lifestyle

A lot of Young Addicts in Australia are Buying E-Cigrattes Online to Quit Habit of Excessive Smoking

mm

Published

on

In an Australia-based survey, it has come to notice that a lot of young smokers are making the purchase of e-cigarettes online to quit their bad habit of excessive smoking. Even the vaping products are getting popular among the middle-school students due to the intense promotions of these products on various online as well as offline platforms. It has been observed that a lot of people across the world have been looking for electronic cigarette products online in order to satisfy their hunger for nicotine.

On a website selling e-cigarettes, one can simply browse different types of products for shipping to their locations. A variety of the best electronic cigarette pens and accessories are easily available online and the rising internet penetration across the globe has been increasing the number of footfalls on such online platforms to a great extent. The survey highlights that the sale of e-cig starter kits has been rising in Australia and the easy to use online shopping interface is contributing to increasing the sale of e-cigarettes online.

In Australia, young addicts who want to quit smoking have been doing so by replacing their cigarette smoking with vaping. In vaping, a person inhales aerosol (created by heating nicotine, flavorings, and other substances ) to replace nicotine and it helps him quit smoking easily. Companies selling e-cigarettes have been promoting different vaping products and their effectiveness in helping people quit smoking easily. It has been found in research that 18% of people who replaced smoking cigarettes with e-cigarettes have managed to give up their habit of smoking satisfactorily.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Lifestyle

Who Should Consider Buying a Universal Life Insurance Policy?

mm

Published

on

Universal life insurance is a type of permanent life insurance policy. That means it covers you for life and comes with a cash value growth component. Once you build enough cash value, you can withdraw from or borrow against it. You also receive the full value minus surrender charges if you surrender the policy. Universal life insurance also lets you increase your death benefit or decrease your premiums, providing you with more flexibility.

All these features make universal life insurance a good potential investment for many types of people. With that in mind, this article will cover several circumstances where getting a universal life insurance policy can be helpful.

1. Those who need lifelong coverage

Universal life insurance offers lifelong coverage as long as you stay current on your premium payments. That means, unlike with term life insurance, you don’t need to worry about your policy expiring.

Another benefit to lifelong coverage is that you can lock in your premiums for the rest of your life. Life insurance premiums rise with age, but once you buy life insurance, your premiums remain fixed unless you adjust them within your policy.

2. Parents with multiple children

Raising a child can cost an average of almost $13,000 per year. Plus, parents may have to save money for each child’s college education. This can make it challenging for one parent to raise multiple children if their partner passes away — even if both partners earn incomes.

Universal life insurance can help alleviate      these worries. If you pass away, your partner will receive a substantial death benefit to replace your income, pay off debts, and set aside money for the future.

Thanks to the cash value, universal life insurance can also help you raise your children even if you don’t pass away. Over time, your cash value may grow quite large. You can withdraw from or borrow against it at favorable terms and low rates. This offers you the funds to pay for family expenses and potentially cover your children’s college educations. Finally, if you ever need to change coverage to save money on premiums or up your death benefit, universal life insurance lets you do that.

3. Those who want to build wealth

A universal life insurance policy’s cash value can offer a source of wealth for policyholders. As mentioned, you can withdraw from it when it grows large enough, although you must be aware of any tax consequences. Y     ou can also borrow against it at low rates. However, you must make sure the loan balance doesn’t grow larger than the cash value, or the policy could lapse. Finally, if you decide you no longer need life insurance and surrender the policy, you can receive all of your cash value minus surrender charges.

In any case, this cash value can offer a significant source of wealth when used wisely. You could use the proceeds to refinance or pay off debt, supplement your retirement funds, make large purchases, travel, and more.

The bottom line

Universal life insurance can fit many people’s needs. It offers lifelong coverage, which allows you to get a policy early and lock in premiums without worrying about coverage expiring.

Families with many children can find it useful as well. You can rest assured that your partner and children will be protected if you pass away. Plus, you can use the cash value to help cover childcare costs and future expenses, like education.

Finally, anyone who wants to build wealth could find universal life insurance helpful. You can withdraw or borrow from the cash value to travel, pay off debt, boost your retirement funds, and more. So, consider looking for universal life insurance if any of these describe your situation and financial needs.

Continue Reading

Trending