November Home Sales Outpace Seasonal Norms and Long-Term Averages

Housing demand in Metro Vancouver continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.

Home buyer demand has been at near record levels in our region since the summer. This is putting upward pressure on home prices, particularly in our detached and townhome markets.”

— Colette Gerber

VANCOUVER, BRITISH COLUMBIA, CANADA, December 2, 2020 /EINPresswire.com/ — Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from the 2,498 sales recorded in November 2019, and a 16.9 per cent decrease from the 3,687 homes sold in October 2020.

Last month’s sales were 24.6 per cent above the 10-year November sales average and was the second highest total in this period.

“Home buyer demand has been at near record levels in our region since the summer,” Colette Gerber, REBGV Chair said. “This is putting upward pressure on home prices, particularly in our detached and townhome markets."

There were 4,068 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in November 2020. This represents a 36.2 per cent increase compared to the 2,987 homes listed in November 2019 and a 27 per cent decrease compared to October 2020 when 5,571 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,118, a 3.2 per cent increase compared to November 2019 (10,770) and a 10.5 per cent decrease compared to October 2020 (12,416).

"The supply of homes for sale are a critical factor in understanding home price trends," Gerber said. "The total number of homes for sale in Metro Vancouver is lagging behind the pace of demand right now. This trend favours home sellers in today's market."

For all property types, the sales-to-active listings ratio for November 2020 is 27.6 per cent. By property type, the ratio is 27.9 per cent for detached homes, 40.1 per cent for townhomes, and 23.9 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

Within the region, the Sunshine Coast saw the largest increase in year-over-year demand with 106 home sales in November 2020, an 82.8 per cent increase over November 2019 (58).

“While demand remained elevated across the region, home buyer activity was particularly focused in more remote areas like the Sunshine Coast, Gulf Islands and Squamish,” Gerber said. “The rise of work-from-home arrangements and physical distancing policies is causing some home buyers to opt for less densified areas.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,044,000. This represents a 5.8 per cent increase over November 2019 and a 0.1 per cent decrease compared to October 2020.

Sales of detached homes in November 2020 reached 1,061, a 28.6 per cent increase from the 825 detached sales recorded in November 2019. The benchmark price for a detached home is $1,538,900. This represents a 9.4 per cent increase from November 2019 and a one per cent increase compared to October 2020.

Sales of apartment homes reached 1,371 in November 2020, a 12.2 per cent increase compared to the 1,222 sales in November 2019. The benchmark price of an apartment home is $676,500. This represents a 3.4 per cent increase from November 2019 and a one per cent decrease compared to October 2020.

Attached home sales in November 2020 totalled 632, a 40.1 per cent increase compared to the 451 sales in November 2019. The benchmark price of an attached home is $814,800. This represents a 5.6 per cent increase from November 2019 and a 0.2 per cent increase compared to October 2020.

Craig Munn
Real Estate Board of Greater Vancouver
+1 604-730-3146
cmunn@rebgv.org


Source: EIN Presswire

Tips For Home Purchaser – Built a Custom Home In Vancouver

Build New Homes in Vancouver

Build New Homes in Vancouver

moving to Vancouver

moving to Vancouver

Ran Chen Vancouver Real Estate Service

Ran Chen

VANCOUVER, BC, CANADA, December 2, 2020 /EINPresswire.com/ — There are more than 150 thousand new immigrants move to Vancouver each year. Some immigrants try to build dream homes after moving to Vancouver. Choosing home builders: most new home builders are reputable professionals who provide a good quality product. Even so, it’s smart to check out your builder’s qualifications and service record.

Builder or developer?

Although builders and developers have different roles in home construction, the term “Licensed Residential Builder” includes both builders and developers. This guide refers to both as builders.

Builder Licensing Requirements

Build New Homes in Vancouver: must be built by builders who are licensed under the Homeowner Protection Act by BC Housing. You can check the Public Registry of Licensed Residential Builders at www.bchousing.org also online to ensure your builder is licensed.

The New Homes Registry can be used to find out if the home has a policy of home warranty insurance and is built by a Licensed Residential Builder, or whether it is built without home warranty insurance under an exemption, such as an Owner Builder Authorization. Check out the New Homes Registry at www.bchousing.org. Exceptions to the licensing requirement include:
• homes built by owner-builders (an owner-builder is a person who is authorized to build a single dwelling unit for his or her personal use)
• homes built by builders under a building permit applied for before July 1, 1999

Tips for Checking Out the Builder

Visiting the company’s website or doing an Internet search is a good place to start. Here are key questions to ask about the builder:
• Is the builder licensed by BC Housing?
• How long has the builder been in business?
• How many homes have the builder built that is similar to the type you are considering?
• Get references from homeowners currently living in homes the builder has built. Request a list of homes or projects completed by the builder within the last few years. Make arrangements to view some of these homes and speak to the current owners if possible. Have the owners made any claims for construction defects? Contact the warranty company to find out and learn more.
• Does the builder have an after-sales service program? Ask the builder and former clients. Attention to details, good after-sales service and quality construction come at a cost, so it is not wise to select a home based on its price and features alone.
• Is the builder a member of an industry organization such as the Canadian Home Builders’ Association, Urban Development Institute, Independent Contractors’ Association of B.C. or B.C. Construction Association? Membership in these organizations may indicate a commitment to professionalism and industry involvement and experience.
Have any complaints been registered against the company with the Better Business
Bureau (BBB)? You may inquire about the number of complaints received by the BBB
against a builder or developer in the past three years, and whether these complaints
were resolved.
• Has the builder received any compliance orders, monetary penalties or convictions under the Homeowner Protection Act and regulations? You may wish to check the BC Housing website at www.bchousing.org for a list of builders who have received convictions or enforcement actions.
• You may wish to do a court search to find out whether any legal action has been brought against the builder or the builder’s related companies. Discuss any concerns with the builder.

Key Points:

• New homes in British Columbia must be built by builders who are licensed under the Homeowner Protection Act by BC Housing. Check the Public Registry of Licensed Residential Builders on the BC Housing website to ensure that your builder is licensed.

• Check out the qualifications and service record of the builder of a home you are considering to buy.

Building Codes and Building Authorities

The provincial Building Code is intended primarily to ensure that health and safety standards for buildings are met. Municipal building inspection offices usually review the major stages of home construction, identify building code deficiencies and ensure that they are corrected before certifying the building as fit for occupancy.

However, the Building Code is not meant to guarantee overall construction quality. For example, the quality of work, finishes, landscaping and driveways are not regulated by the Code. A building that meets all Code requirements could still have problems if the design is not properly executed. As well, municipal building inspectors cannot ensure the quality of every aspect of every structure. You should view the building inspection process more as an audit of the construction process than as a comprehensive review of all components.

The level of Code enforcement varies throughout the province. Some municipalities do detailed inspections, while others do not do on-site inspections. The City of Vancouver does not use the provincial Code, since it has its own building code, the Vancouver Building By-law. For these reasons, it is important that you check out the condition of the home you are considering to purchase.

Still, having concerns? 温哥华房产网 may assist you further.

Ran Chen
BuyProperties BC
+1 778-858-2876
email us here
Visit us on social media:
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Source: EIN Presswire

New ASTM International Standard continues the evolution of aviation safety and efficiency for both airlines and airports

Pilots on approach now have objective information about available braking friction on the runway

Aviation Safety Technologies is proud to confirm its runway friction measurement and reporting system complies with new ASTM International Standard E3266

The new standard embodies the march of progress as we evolve from subjective assessments of runway conditions to objective, science-based measurements.”

— Joe Vickers, CEO, Aviation Safety Technologies

CHICAGO, ILLINOIS, U.S.A., December 2, 2020 /EINPresswire.com/ — Chicago-based Aviation Safety Technologies (AST) is pleased to announce that the SafeLand™ Surface Management System, today’s leading runway friction measuring and reporting platform, complies with the aircraft braking measurement standard recently released by ASTM International, formerly known as the American Society for Testing and Materials.

The new ASTM International Standard E3266 for Friction-Limited Aircraft Braking Measurements and Reporting, published in November 2020, applies to systems that measure and report on braking forces and runway friction. This standard applies to any automated system that uses data from an aircraft to create what ASTM International calls an Aircraft Braking Action Report. According to ASTM International, any such system may be installed on an aircraft or operated remotely.

“With ASTM International Standard E3266, the aviation world now has a definitive international standard that provides objective measuring and quantifying of the actual landing risk on wet or contaminated runway surfaces experienced by commercial aircraft,” said Joe Vickers, CEO of AST. “This important advance brings not only significant safety benefits but improved operational efficiency and runway maintenance. The new standard embodies the march of progress as we evolve from subjective assessments of runway conditions to objective, science-based measurements. We’re proud that our SafeLand™ system, which currently measures and reports on real-time data from more than 2,000 commercial aircraft wherever they land, complies with this new standard.”

The AST SafeLand™ system provides aircraft operators, airports, and regulatory bodies with live information about wheel braking coefficients based on actual braking data from previously-landed aircraft. SafeLand’s Braking Action Reports deliver real-time insight into runway conditions based on data collected from aircraft-based sensors. The aircraft sensors allow measurement of the precise braking action of landing aircraft based on surface conditions and the impact of contaminants such as water, ice, or snow. These real-time reports can be made instantly available to incoming aircraft, ground personnel, airport operations, and authorities. Using this information, pilots can improve their landing decisions while airports can improve their surface management strategies. The bottom line is enhanced safety, more efficient operations, higher runway uptime, and more reliable flight schedules for passengers.

“What are the actual runway surface conditions? What is the measured braking action? Making this information available to an incoming pilot increases safety beyond conventional subjective assessments,” said Vickers. “AST provides data-based reports based on previous landings to help approaching pilots make better safety-related decisions and airport personnel optimize runway maintenance and uptime. This is hugely valuable insight.”

Other updates regarding the new ASTM International standard include:

• Transport Canada will be the first aviation body to officially recognize ASTM International’s aircraft braking measurement standard (E3266) in their Advisory Circulars on Air Operators and Braking Action Reporting. The draft document is finished and is under comments. It is scheduled for release in 2021.

• FAA is exploring methodologies to confirm compliance, clearing the path to operationalize the application of the ASTM International standard.

• Major commercial carriers continue to broaden their adoption of the ASTM International-compliant SafeLand™ system, with approximately 300 additional aircraft being added to the AST ecosystem during the upcoming winter season.

About Aviation Safety Technologies

Aviation Safety Technologies (AST) is the world’s leading real-time braking action and surface condition reporting company for aviation. The ASTM International-compliant SafeLand™ Surface Management System currently delivers real-time data about braking action and runway conditions to a broad community of airports and airlines. AST uses data downloaded from aircraft in real-time to calculate wheel braking coefficients using proprietary Aircraft Braking Action Reports. To date, AST has recorded more than 14 million landings for airlines and airports, enabling advanced data analytics on experienced runway friction.

AST is a portfolio company of the Dillon Kane Group, a privately-held group of affiliated companies that builds technology solution businesses. Visit the Dillon Kane Group learn more.

William Bloomstein
Dillon Kane Group
+1 617-721-9445
email us here


Source: EIN Presswire

Cancer Insurance Market 2020 Growth, Size, Share, Trends Analysis And Forecast To 2025

Wiseguyreports.Com Adds “Cancer Insurance -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database

PUNE, MAHARASHTRA, INDIA, December 2, 2020 /EINPresswire.com/ — Cancer Insurance Industry

Description

Wiseguyreports.Com Adds “Cancer Insurance -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database

The report of Cancer Insurance market on the Wise Guy Report (WGR) website is highly accurate. The data is prepared by deploying modern market research methods. Proficient market research analysts used bottom-up approach to study the Cancer Insurance market. A comprehensive assessment of the Cancer Insurance market was done and strategic approach towards market threats resulted in the understanding of potential solutions. These parameters are covered vividly in the report. The report also have indispensable insights on regional progress of the Cancer Insurance market.

This report contains opportunities, strengths, threats, and weaknesses (SWOT) analysis for this market. They have taken many aspects into account for analysis, including sales volume, revenue level of the last few years, product demands, customer retention, etc. A majority of information has been collected from primary sources, and analysts have taken effective samples. As the market size is large, analysts have taken large sample sizes from different regions of the globe. They also calculated the Cancer Insurance Market's customer churns level because it plays a vital role in sales volume.

Key market players

Major competitors identified in this market include China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva, Legal & General, New China Life Insurance, AXA, Prudential plc, Aegon, Allianz, AIG, UnitedHealthcare, Zurich, MetLife, Dai-ichi Life Group, Sun Life Financial, Huaxia life Insurance, Aflac, Liberty Mutual, HCF, etc.

Request For Sample Report @ https://www.wiseguyreports.com/sample-request/5363722-covid-19-impact-on-cancer-insurance-market-global-research-reports-2020-2021

Based on the Type:
Lung Cancer
Liver Cancer

Based on the Application:
Children
Adult

Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)

This report covers market size and forecasts of Cancer Insurance, including the following market information:
Global Cancer Insurance Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million)
Global Cancer Insurance Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million)
Global Cancer Insurance Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million)
Global Cancer Insurance Market Size by Company, 2019- 2020 (quarterly data), (US$ Million)

Leave a Query @ https://www.wiseguyreports.com/enquiry/5363722-covid-19-impact-on-cancer-insurance-market-global-research-reports-2020-2021

Table of Content

1.1 Research Scope
1.2 Market Segmentation
1.3 Research Objectives
1.4 Research Methodology
1.4.1 Research Process
1.4.2 Data Triangulation
1.4.3 Research Approach
1.4.4 Base Year
1.5 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.5.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.5.2 Covid-19 Impact: Commodity Prices Indices
1.5.3 Covid-19 Impact: Global Major Government Policy
1.6 The Covid-19 Impact on Cancer Insurance Industry
1.7 COVID-19 Impact: Cancer Insurance Market Trends

2 Global Cancer Insurance Quarterly Market Size Analysis
2.1 Cancer Insurance Business Impact Assessment – COVID-19
2.1.1 Global Cancer Insurance Market Size, Pre-COVID-19 and Post- COVID-19 Comparison, 2015-2026
2.2 Global Cancer Insurance Quarterly Market Size 2020-2021
2.3 COVID-19-Driven Market Dynamics and Factor Analysis
2.3.1 Drivers
2.3.2 Restraints
2.3.3 Opportunities
2.3.4 Challenges

….

7 Company Profiles
7.1 China Life Insurance
7.1.1 China Life Insurance Business Overview
7.1.2 China Life Insurance Cancer Insurance Quarterly Revenue, 2020
7.1.3 China Life Insurance Cancer Insurance Product Introduction
7.1.4 China Life Insurance Response to COVID-19 and Related Developments
7.2 Ping An Insurance
7.2.1 Ping An Insurance Business Overview
7.2.2 Ping An Insurance Cancer Insurance Quarterly Revenue, 2020
7.2.3 Ping An Insurance Cancer Insurance Product Introduction
7.2.4 Ping An Insurance Response to COVID-19 and Related Developments
7.3 China Pacific Insurance
7.3.1 China Pacific Insurance Business Overview
7.3.2 China Pacific Insurance Cancer Insurance Quarterly Revenue, 2020
7.3.3 China Pacific Insurance Cancer Insurance Product Introduction
7.3.4 China Pacific Insurance Response to COVID-19 and Related Developments
7.4 Aviva
7.4.1 Aviva Business Overview
7.4.2 Aviva Cancer Insurance Quarterly Revenue, 2020
7.4.3 Aviva Cancer Insurance Product Introduction
7.4.4 Aviva Response to COVID-19 and Related Developments
7.5 Legal & General
7.5.1 Legal & General Business Overview
7.5.2 Legal & General Cancer Insurance Quarterly Revenue, 2020
7.5.3 Legal & General Cancer Insurance Product Introduction
7.5.4 Legal & General Response to COVID-19 and Related Developments
7.6 New China Life Insurance
7.6.1 New China Life Insurance Business Overview
7.6.2 New China Life Insurance Cancer Insurance Quarterly Revenue, 2020
7.6.3 New China Life Insurance Cancer Insurance Product Introduction
7.6.4 New China Life Insurance Response to COVID-19 and Related Developments
7.7 AXA
7.7.1 AXA Business Overview
7.7.2 AXA Cancer Insurance Quarterly Revenue, 2020
7.7.3 AXA Cancer Insurance Product Introduction
7.7.4 AXA Response to COVID-19 and Related Developments
7.8 Prudential plc
7.8.1 Prudential plc Business Overview
7.8.2 Prudential plc Cancer Insurance Quarterly Revenue, 2020
7.8.3 Prudential plc Cancer Insurance Product Introduction
7.8.4 Prudential plc Response to COVID-19 and Related Developments
7.9 Aegon
7.9.1 Aegon Business Overview
7.9.2 Aegon Cancer Insurance Quarterly Revenue, 2020
7.9.3 Aegon Cancer Insurance Product Introduction
7.9.4 Aegon Response to COVID-19 and Related Developments
7.10 Allianz
7.11 AIG
7.12 UnitedHealthcare
7.13 Zurich
7.14 MetLife
7.15 Dai-ichi Life Group
7.16 Sun Life Financial
7.17 Huaxia life Insurance
7.18 Aflac
7.19 Liberty Mutual
7.20 HCF

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Continued…           

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WISE GUY RESEARCH CONSULTANTS PVT LTD
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Source: EIN Presswire

Aspire announces Global Partnership with Validata Group to Accelerate end-to-end Test Automation for Temenos Customers

Aspire partners with Validata group as a Global Channel Partner to enhance end-to-end test automation for its banking customers under the Temenos wing.

GLOBAL , December 2, 2020 /EINPresswire.com/ — Aspire Systems forms an alliance with Validata Group as a preferred delivery partner to help Temenos T24 Transact, Temenos Infinity and KONY customers in banks and financial services to adopt faster intelligent end-to-end test automation.

Aspire Systems, the trusted global services partner of Temenos, announces its partnership with Validata Group as a Global Channel Partner for its Temenos Suite of Intelligent Test Automation products. Validata is an AI testing expert that provides banks and financial services a no-code, AI-powered platform to optimize their QA and DevOps processes and accelerate digital testing across on-premise Temenos Cloud, and any other cloud installations.

As testing plays a crucial role in the software development cycle and test data automation is now a critical requirement for digital transformation and DevOps, automation has slowly but steadily come to the forefront of every business strategy. Aspire, in collaboration with Validata, will assist banks and financial institutions in implementing intelligent test automation, test data management and environments provisioning to test functionality and eliminate data friction in the CI/CD process, thereby maximizing test and risk coverage and delivering digital experiences and monitoring.

“Aspire currently handles a spectrum of Temenos implementations globally. Our expertise in enhancing testing services across banks and financial institutions will now give us the edge to enable faster test automation cycles and maximum coverage by utilizing Validata’s AI-powered platform, thereby allowing quicker time to market for products,” shared Janakiraman Jayachandran, Head of Testing and Test Automation Service, Aspire Systems.

“We are pleased to partner with Aspire Systems to help our customers realize the benefit of AI-powered, resilient test automation. With banks faced with large data volumes and complexity along with a critical business need to deliver trusted and secure data to their teamsit is important that we have the right partners to help our clients succeed in their digital transformation projects, as quickly as possible to accelerate time-to-market. We are not just running tests; we are redesigning experiences by embedding AI at the heart of every customer interaction to drive real-time change and deliver business performance and greater ROI. Combining Aspire’s rich functional expertise with Validata’s technical prowess in intelligent test automation, test data management and domain expertise, results in seamless digital banking experiences that can raise customer satisfaction to newer heights,. ” commented Vaios Vaitsis, Founder and CEO, Validata Group.

The shift to DevOps from traditional models is gaining momentum causing banks to rethink their testing strategies to sing to the tunes of digital transformation. With Validata’s state-of-the-art award-winning platform that combines AI, iRPA, and analytics, it allows banks to dive into test automation for key customer journeys based on the functionalities implemented in Temenos applications.

Validata expands automation beyond test execution, into the test design and analysis stage, leading the way to autonomous testing across different interfaces, platforms, payment hubs and mobile. Leveraging AI and machine learning, it drives to the precise root cause of the issues, and identifies the optimal workflows, testing paths, and the ‘next best actions’. Through advanced data masking algorithms, it can identify sensitive information and irreversibly mask production, synthetically generated or virtually created data for testing purposes.

Tests and test data are linked with requirements and can be updated automatically based on changes in the system, thereby maintaining all tests in one go and driving down maintenance costs adequately.

“Validata is a great addition to our Temenos Transformation services offering which helps in transforming the bank’s technology and digital landscape. Our Temenos Transformation services assist banks in their digital and cloud transformation initiatives irrespective of where the bank is currently positioned in their journey. Whether you are traditional bank, a Neo or Challenger Bank, our portfolio of 5 temenos transformation strategies will help in getting future ready sooner.” remarked Suresh Ranganathan, Vice President & Head of Business Unit-BFS, Aspire Systems.

About Aspire Systems:

Aspire Systems is a global technology services firm serving as a trusted technology partner for its customers. The company works with some of the world’s most innovative enterprises and independent software vendors, helping them leverage technology and outsourcing in specific areas of expertise. Aspire currently has over 2700 employees and 150+ customers globally and is CMMI Level 3 certified. Aspire Systems is located across the globe including the USA, Mexico, UK, India, Singapore, Middle East, Asia-Pacific and Europe. For the eleventh year in a row, Aspire has been selected as one of India's 'Best Companies to Work For' by the Great Place to Work® Institute, in partnership with The Economic Times.

To know more about Aspire Systems, visit www.aspiresys.com

About Validata Group:

Validata is a Temenos Technology Partner that helps banks test, monitor, and analyse their end-to-end customer experience 20x faster than open source or traditional tools. Our award-winning platform is the first to combine AI, RPA, and analytics, setting a new benchmark for testing user experience and digital change, eliminating data bottlenecks and delivering self- learning test automation and DevOps at scale.

Banks and Financial Services organisations around the world, rely on Validata’s AI-powered technology to guide action and drive change, turning business processes into extraordinary experiences and resulting in cost savings and enhanced ROI.

Validata has disrupted the traditional approach to test automation, which has been a manual, time-consuming, expensive, consultant-driven approach. Top Banks globally can no longer afford to use questionable data or traditional report-based tools to create efficiencies.

Validata AI-powered automation platform discovers the root cause faster in business processes, optimises these processes with AI-driven actions and suggestions that proactively reduce and prevent issues and defects, and continuously monitors improvements with unique actionable analytics and visualizations.

For more information visit www.validata-software.com

Subhashree Durai
Aspire Systems
Subhashree.Durai@aspiresys.com


Source: EIN Presswire

Cancer Insurance Industry To 2025 : Market Capacity, Generation, Investment Trends, Regulations And Opportunities

PUNE, MAHARASTRA, INDIA, December 2, 2020 /EINPresswire.com/ —

WiseGuyReports.Com Publish a New Market Research Report On –“Cancer Insurance Industry To 2025 : Market Capacity, Generation, Investment Trends, Regulations And Opportunities”.

Cancer Insurance Market 2020

Description: –

A detailed overview of a market report could be useful as it is designed to give the reader the complete information about Cancer Insurance market. The primary purpose of the overview is to provide a quick preview, and the reports' main points. It allows you to understand the market in a more realistic manner by proper evidence of the essential points in the report. The detailed overview is considered necessary to get the complete information of the market for a period of 2020-2025. It briefly describes the context and the background of the research and presents the analysis in a logical and systematic manner.

Get a Free Sample Report of Cancer Insurance Market@ https://www.wiseguyreports.com/sample-request/4712787-global-cancer-insurance-market-report-history-and-forecast

For more information or any query mail at sales@wiseguyreports.com

Key Players of Cancer Insurance Market are:

China Life Insurance
Ping An Insurance
China Pacific Insurance
Aviva
Legal & General
New China Life Insurance
AXA
Prudential plc
Aegon
Allianz
AIG
UnitedHealthcare
Zurich
MetLife
Dai-ichi Life Group
Sun Life Financial
Huaxia life Insurance
Aflac
Liberty Mutual
HCF

Cancer Insurance Market Dynamics:

You must know that the market dynamics are the forces that will impact the prices and the behaviours of producers and consumers. With the perfect Cancer Insurance market dynamic report, the industries could effectively create pricing signals that result in the fluctuation of supply and demand for a given product or service. For any industry or government policy, the Market dynamics could create a more significant impact. The market dynamics are the forces that could impact the prices and the behaviour of producers and consumers in the Cancer Insurance market. This report is essential to determine economic growth too.

Cancer Insurance Market segment analysis:

In the Cancer Insurance market, the segment analysis is useful as it offers better research. On the basis of the best research, the Cancer Insurance market determines the division of the organization into smaller groups. These groups are based on age, income, personality traits, and behaviour patterns. A perfect market segment analysis report can leverage the target in the product, sales, and marketing strategies. The market segment analysis report is essential as it can power the industrial product development cycle. The market segmentation reports include the segmentation related to geographical, demographic, firmographic, and psychographic.

Cancer Insurance Market Research support:

The Cancer Insurance market research report plays an essential role in identifying, selecting, and analyzing the information about the market condition for the period 2020-2025. The research must be adequate so that it allows the industries to evaluate it more correctly for their business growth. The research method offers practical knowledge for valid and reliable results. It allows the Cancer Insurance industry to make effective decisions quickly and easily. Choosing the right research methods could be the best fit for the industry to get valid and reliable results in the future. This market research report perfectly explains the industrial product condition in the Cancer Insurance market.

The study objectives of this report are:

To study and forecast the market size of Cancer Insurance in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Enquiry About Cancer Insurance Market @ https://www.wiseguyreports.com/enquiry/4712787-global-cancer-insurance-market-report-history-and-forecast

Table of Contents – Major Key Points of Cancer Insurance Market 2020

1 Industry Overview of Cancer Insurance

2 Global Cancer Insurance Competition Analysis by Players

3 Company (Top Players) Profiles and Key Data

4 Global Cancer Insurance Market Size by Type and Application (2014-2019)

5 North America Cancer Insurance Development Status and Outlook

6 Europe Cancer Insurance Development Status and Outlook

7 China Cancer Insurance Development Status and Outlook

8 Rest of Asia Pacific Cancer Insurance Development Status and Outlook

9 Central & South America Cancer Insurance Development Status and Outlook

10 Middle East & Africa Cancer Insurance Development Status and Outlook

Continued…

ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

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Wise Guy Reports
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Source: EIN Presswire

Phoenix Rehab Novena Provides Extracorporeal Shockwave Therapy In Their Physiotherapy Clinic

Phoenix Rehab Group

Phoenix Rehab Group

Extracorporeal shockwave therapy (ESWT) is now being offered as a treatment from Phoenix Rehab to provide additional healing benefits for their patients.

SINGAPORE, December 2, 2020 /EINPresswire.com/ — Phoenix Rehab Group are happy to announce that they can also provide extracorporeal shockwave therapy (ESWT) to their patients. The new procedure is intended to help patients with a wide range of painful orthopedic, sports and musculoskeletal painful issues.

Shockwave therapy treatment is non invasive and provides a healing mild inflammatory response, which can increase metabolic activity around pain points. Due to this, the healing process for chronic muscular tendon disorders as well as back and lower limb or foot pain can be accelerated.

During the procedure, a series of rapid impulses are generated by moving a handle up and down at a particular frequency and power level. This triggers a series of shockwaves that can penetrate several levels of tissue. Many patients will feel relief almost immediately due to the hyper-stimulation analgesic (pain reducing numbing) effect.

The impulses also helps with a range of cellular reactions to improve blood flow and generate tissue repair. This occurs even in areas that have been damaged for extended periods.

Shockwave therapy can be used to treat a wide range of different conditions including shoulder tightness and pains, tennis elbow, heel spurs, tight calf muscles, back pain, chronic tendinopathy, runner’s knee, hip pain, plantar fasciitis as well as countless others.

About Phoenix Rehab Group

Phoenix Rehab Group is an experienced and integrated specialist physiotherapy group for everything from otheropedic and sports to women’s health conditions. The group of physiotherapists work with rehab specialists as well as sub specialties to provide the full support patients need, allowing them to access a quicker, more advanced form of rehab.

The main goal is to ensure that all clients can overcome physical, orthopedic, sports and muscuoskeletal pains to return to living a life that is 100% free from pain. All senior physiotherapists are local and internationally trained with a passion for supporting patients.

The company is keen to point out that they do not provide support for every pain issue. However, they can refer clients to professionals who are more well suited for dealing with specific problems. For health injury rehab, orthopedics and musculoskeletal injuries they are the number one solution.

The business is constantly developing new ways to help their patients, introducing fresh technology and advanced treatment options. ESWT shockwave therapy represents the next step in supporting patients with painful issues that they could have struggled with for years. With this treatment, the center hopes to provide patients with the relief they need.

More Information About ESWT shockwave therapy can be found on the business website. Alternatively, Phoenix Rehab can be contacted directly using the details below.

Nigel Chua
Phoenix Rehab
88001830
https://www.phoenixrehabgroup.com/shockwave-therapy.html
nigel@phoenixrehabgroup.com

Nigel Chua
PhoenixRehabGroup.com
+65 9873 4073
email us here
Visit us on social media:
Facebook


Source: EIN Presswire

Vietnam Stoff Gesichtsmaske Hersteller: antibakteriell, 60x wiederverwendbar, Großbestellung & B2B Private Label

Dony Garment Company along with other Vietnamese enterprises donated medical supplies to the US

Dony Garment Company along with other Vietnamese enterprises donated medical supplies to the US

Dony Garment offer free samples, trial orders, bulk wholesale, and promise to deliver 100% sterilized masks with complete ownership of the quality

Dony Garment offer free samples, trial orders, bulk wholesale, and promise to deliver 100% sterilized masks with complete ownership of the quality

Fashionable & stylish cloth face mask according to the current industry trends and user demands.

Fashionable & stylish cloth face mask according to the current industry trends and user demands.

Vietnam Export Tuch Gesichtsmaske inmitten der COVID-19-Pandemie: antibakteriell, super fit und bequem für Großhandelsbestellungen und Marken (OEM, ODM)

Die Zeit ist reif für eine bessere Art von Gesichtsmaske, und Vietnam ist das richtige Land, um sie bereitzustellen”

— Henry Pham – CEO of Dony Garment

HO CHI MINH, VIETNAM, December 2, 2020 /EINPresswire.com/ — COVID-19 hat die Welt mit einigen der dramatischsten Verluste verlassen, die die Menschheit im Laufe der Jahrzehnte jemals erlebt hat. Es ist jetzt eine beispiellose Herausforderung für alle, die auf dem Planeten Erde leben. Die globalen wirtschaftlichen und sozialen Störungen sind ein klarer Beweis für die durch die Pandemie verursachten Verwüstungen. Von der öffentlichen Gesundheit über Ernährung und Leben bis hin zum internationalen Handel, den Beziehungen und der globalen Wirtschaft hat es die Funktionsweise der Dinge grundlegend verändert.

In einer Umgebung, in der zig Millionen Menschen einem hohen Risiko ausgesetzt sind, müssen die angegebenen Vorsichtsmaßnahmen unbedingt eingehalten werden, damit alle sicher sind. Und genau hier setzt die Verwendung von Gesichtsmasken an. Es ist zweifellos richtig, dass die Verwendung von Gesichtsmasken jetzt obligatorisch ist, um das Risiko einer Ausbreitung zu vermeiden. Die Regierungen haben ihre eigenen Protokolle und Vorsichtsmaßnahmen in Bezug auf COVID-19 formuliert, wo es ganz oben auf der Liste steht.

Es gibt einige Schlüsselelemente, die wiederverwendbare Stoffmasken über Einwegmasken setzen:

Die Verwendung einer Gesichtsmaske beschränkt sich nicht nur auf die Einhaltung der angegebenen Vorsichtsmaßnahmen, sondern ist auch ein ernstes gesundheitliches und medizinisches Problem, wenn es um Leben geht. Daher hat die Mehrheit der Menschen auf der ganzen Welt aufgrund ihrer exklusiven Vorteile begonnen, Stoffmasken zu verwenden:

+ Dies sind waschbare und wiederverwendbare Masken im Vergleich zu Einwegmasken, die nicht verwendet werden können.
+ 100% sterilisierte Masken mit höherer Staub- und Luftbeständigkeit als Einwegmasken.
+ Erhältlich in modischen und stilvollen Designs, Farben und Mustern für jeden Anlass.
+ Sehr kostengünstig im Vergleich zu Einwegmasken, die Benutzer immer wieder kaufen.
+ Bietet auch bei längerem Gebrauch große Leichtigkeit und Komfort.
+ Neben all diesen hervorgehobenen Gründen, aus denen die Mehrheit der Menschen heute die Verwendung von Stoffmasken bevorzugt, gibt es auch zahlreiche andere Vorteile, weshalb diese Baumwollmasken sehr gefragt waren.

Die steigende Nachfrage hat zweifellos weiterhin die Art und Weise beeinflusst, wie Länder handeln:

Dies hat der Art und Weise, wie die Welt handelt, eine dynamische Form gegeben. Gesichtsmasken sind heutzutage sehr gefragt und gelten als eine der wichtigsten Waren, die international gehandelt werden. Es ist offensichtlich, dass die stetig steigende Nachfrage nach Gesichtsmasken mehrere Warenhersteller dazu veranlasst hat, sich dafür zu interessieren und auf internationaler Ebene Produkte von bester Qualität anzubieten.

Laut Henry Pham, dem CEO der Dony Garment Company in Vietnam, hat der anhaltende Handelskrieg zwischen China und Amerika anderen Ländern eine großartige Gelegenheit geboten, ihre Fähigkeiten durch die Herstellung und den Export von Gesichtsmasken an Lieferanten und Umverteiler in den USA und Australien einzubringen und Europa.

Wenn Sie ein großer Importeur sind, der antibakterielle Stoffmasken in Premiumqualität kaufen möchte, ist es daher besser, sich für die besten PSA-Hersteller in Vietnam zu entscheiden, die Ihnen medizinisch zugelassene, zertifizierte und preisgünstige Gesichtsmasken in loser Schüttung anbieten können .

PSA-Hersteller müssen zusätzliche Zertifizierungen erhalten:

Für Exporteure, die daran interessiert sind, Gesichtsmasken an internationale Ziele wie Amerika, Europa und den Nahen Osten zu verkaufen, sind mehrere einzigartige Zertifizierungen erforderlich.

Daher haben alle wichtigen PSA (wie Gesichtsmasken, Hersteller von Schutzkleidung) diese obligatorischen Zertifikate wie folgt erworben:

+ FDA-Zertifikat
+ ISO 9001: 2005
+ C. E. Zertifikat
+ TÜV-Erreichungszertifikat
+ Aseptisches Inspektionszertifikat
+ Intertek Global Certificate
+ Zertifizierung für den kostenlosen Verkauf
+ DGA-Zertifizierung

Die Zahl der Länder, die Gesichtsmasken importieren, ist ebenfalls weiter gestiegen:

Es ist zweifellos richtig, dass die Nachfrage nach wiederverwendbaren Stoffmasken weiter gestiegen ist. Die Dony Garment Company, einer der wenigen großen Exporteure aus Vietnam, berichtet, dass ihre Exporte auf eine Reihe von Landkreisen auf der ganzen Welt ausgeweitet wurden.

Einige davon sind die USA, Großbritannien, Frankreich, KSA, Australien, Belgien, Singapur, Deutschland, Kanada, Hongkong, Macao Malaysia, Jordanien, Südafrika, Finnland, Griechenland, Dänemark, Ägypten, Japan, Italien, Spanien, Niederlande, Schweiz, Polen, Schweden, Österreich, Norwegen, Rumänien und Portugal.

Innerhalb kürzester Zeit wurde der Exporteur auf Top-Nachrichtenplattformen und Magazinen wie FOX, ABC, NBC, USA Today, Yahoo News, MarketWatch, Money Compass, StreetInsider, Benzinga, Associated Press, Digital Journal, MENAFN und Business erwähnt Insider, Financial Times und viele andere renommierte Plattformen.

Es ist daher ziemlich offensichtlich, dass es mittlerweile zu einer der florierenden Branchen von heute geworden ist, in denen eine große Summe des internationalen Handels involviert ist. Insbesondere renommierte PSA-Hersteller haben innerhalb kürzester Zeit einen bedeutenden Ruhm und Anerkennung erlangt.

Werfen Sie einen Blick auf einige der Vorteile der Verwendung von hochwertigen Gesichtsmasken von Dony Garment:

Es ist sehr wichtig, alle Vor- und Nachteile der Waren zu kennen, die im Begriff sind, international gehandelt zu werden. Wenn es um gesundheitsbezogene Produkte geht, scheinen Standards und Vorschriften strenger und herausfordernder zu sein.

Schauen Sie sich einige der folgenden hervorgehobenen Funktionen an, die die meisten Importeure von Gesichtsmasken für wichtig halten:

Der Gurt könnte sich um 270% der ursprünglichen Länge erstrecken, was die Beschwerden verringert.
Halten Sie die antibakterielle Fähigkeit auch nach 60 Wäschen bis zu 99,99% aufrecht.
Ausgestattet mit drei Schichten für maximalen Schutz, d. H. Antimikrobielles Finish.
Bereits sterilisierte Masken, damit der Benutzer die Verpackung herausnehmen und sofort tragen kann.
Hautfreundlich und maßgeschneidert, um auch Menschen mit empfindlichen Hautproblemen zufrieden zu stellen.
Bequem für den längeren Gebrauch, da es geruchsneutral, einstellbar und atmungsaktiv ist.
Gewährleistet keine Erstickungsprobleme und ist daher ideal für Sportler und Sportler.
Achten Sie auf maximale Filtration der Staubpartikel und Pilzsicherung.
Modisch und stilvoll entsprechend den aktuellen Branchentrends und Nutzeranforderungen.
UV-Beständigkeit von 99,95% für Staub, Geruch und UV.
Umweltfreundliche und recycelbare Produkte.
Mit Nasenclip + verstellbaren Ohrschlaufen Option Hersteller.

Über Dony Garment

Die Dony Garment Company wurde 2009 gegründet und ist eine in Vietnam ansässige Tochtergesellschaft der Dony International Corporation – einem Hersteller von Uniformen, Arbeitskleidung und Freizeitkleidung. Es ist auch einer der größten Hersteller von Uniformen und eine umfangreiche Auswahl an PSA-Produkten.

Im Jahr 2020 reagierte DONY auf die COVID-19-Krise, indem es seine Aktivitäten auf die Herstellung von COVID-geprüften, sicherheitszertifizierten und zugelassenen Gesichtsmasken konzentrierte und mit dem Export in die ganze Welt einschließlich Amerika, Europa, Australien und Asien begann.

Dony Mask hat exklusive Distributoren in Saudi-Arabien, Australien, Belgien, Malaysia und den Vereinigten Arabischen Emiraten und arbeitet mit mehreren exklusiven Distributoren in Amerika und Europa zusammen.

Video über Dony Mask: https://www.youtube.com/watch?v=fmcXNj569lA
Website: https://garment.dony.vn/

Henry Pham
Dony Garment Company
+84 985310123
exportmask@dony.vn
Visit us on social media:
LinkedIn

Dony Mask has Exclusive Distributors in Saudi Arabia, Australia, Belgium, Malaysia, UAE , and growing distributors in the Americas and Europe


Source: EIN Presswire

Survivors of Lethal Drug & Shock Deep Sleep Therapy Vindicated After 30 Years

Survivors of Lethal Drug & Shock Deep Sleep Therapy Vindicated After 30 Years

An Australian judge’s condemnation of a dangerous psychiatric treatment linked to 48 deaths and once used in U.S. mind-control experiments, ignites new calls for a global ban on electroshock treatment.

Australian judge’s condemnation of a dangerous psychiatric treatment linked to 48 deaths and used in mind-control experiments, ignites new calls for ban on ECT

LOS ANGELES, CALIFORNIA, UNITED STATES, December 1, 2020 /EINPresswire.com/ — Citizens Commission on Human Rights International, a mental health industry watchdog, said a recent finding by an Australian federal judge has vindicated hundreds of patients subjected to potentially lethal Deep Sleep Treatment (DST) involving heavy psychotropic drugs and electroshock. Jan Eastgate, the international president of CCHR, said the group helped get the practice banned in New South Wales in 1983 following 48 deaths. It also exposed its use in U.S. Central Intelligence Agency (CIA)-funded brutal experiments during the 50s and 60s, where patients were electroshocked while in a drug-induced coma.[1] But a judgement on November 25, 2020 has reignited calls for electroshock treatment (ECT) used in DST to also be banned.

The Australian findings were in relation to two former DST doctors who questioned the publication of a 2016 book, the author of which had re-hashed the findings of an NSW Royal Commission into DST in 1988-1990, and other reports, including coroner inquests. CCHR and a nurse, Rosa Nicholson, had played a pivotal role in obtaining the re-opening of coroner inquests that linked DST to the deaths, and other actions leading to the $15 million government inquiry that condemned DST. Two DST doctors waited nearly 30 years to challenge the Commission findings that relied upon testimony from patients, CCHR, nurses, and international experts that condemned DST. The experts also were critical of the way in which ECT was practiced at the now-closed for-profit Chelmsford psychiatric hospital. (Read article on the case[2])

In a multi-million-dollar challenge, this year’s findings were the opposite of what the doctors, one a former deregistered psychiatrist, had anticipated.[3] Judge Jayne Jagot of the Australian Federal Court NSW Registry reinforced the Royal Commission findings, stating the Commission’s report “exposed atrocities and horrors at Chelmsford and the applicants’ roles in perpetuating those atrocities and horrors on patients who, on any reasonable view, were the victims” of “gross negligence, unethical conduct and medical malpractice.”

Further, “In my view, the very nature of DST was dehumanizing and traumatizing. Patients and their families were not informed about what was proposed. Patients were rendered effectively comatose for no good reason, for lengthy periods, making them defenseless, helpless, and incontinent. While sedated they were subjected to ECT without anesthetic, oxygen or muscle relaxants.”

The case reflects problems that still exist with electroshock today, including in the U.S. As used in DST, Judge Jagot said: “Many patients were not told they would be given ECT, and if they had known, would never had allowed it.” Eastgate, whose CCHR headquarters are in Los Angeles, said: “In the U.S. today, statistics on the number of patients forced to undergo ECT without consent or based on misleading, if not fraudulent, information is not maintained. Consumer fraud is notorious, because often patients are not informed ECT causes brain damage.”

Judge Jagot also stated: “ECT was open to abuse and was routinely abused” at Chelmsford hospital. “This reinforces my conclusion that it is likely that no patient gave informed consent to DST because no patient would have knowingly consented to a procedure with such a serious risk of harm and death had they been informed (as they should have been) about available alternatives and that DST was an experimental and unproven procedure.”

Eastgate and the former Chelmsford Hospital whistle-blower nurse, the late Rosa Nicholson, worked together for many years exposing DST and ECT in Australia. Judge Jagot’s judgement reinforced the vindication Nicholson obtained in the Royal Commission. The nurse had photocopied records as evidence against DST, which CCHR turned over to the NSW Attorney General to act and which helped CCHR to get four coroner’s inquests re-opened.[4] Eastgate and Nicholson met following a DST psychiatrist who was publicly exposed for his sexual affair with a patient he’d electroshocked and her subsequent suicide. The psychiatrist, himself, was put under DST after this and years later committed suicide.

When the DST case arose again this year after so many years, Eastgate, wrote a tribute to the nurse to reinforce the facts about her work.

As Judge Jagot quoted, “Rosa Nicholson became the central figure in exposing the truth about the dozens of deaths caused by medical malpractice inside Chelmsford Hospital.” Further, her contribution “to the exposure of the iniquitous goings-on at Chelmsford was a worthwhile endeavour that has increased, not reduced, the total sum of human knowledge.”

In a united effort, patient survivors of DST, especially the late former actor, Barry Hart, their families, nurses, several journalists, legislators and CCHR, provided a legacy of patient rights, which CCHR says are currently being undermined in Australia that has seen a nearly 50% increase in the use of ECT since 2010. In the U.S., over 100,000 Americans every year are subjected to ECT, some aged 0-5, according to State information. The over $3 billion a year industry prompted CCHR’s latest documentary, Therapy or Torture? The Truth About Electroshock, which includes the story of DST.

The delivery of DST in NSW is a criminal offense under the NSW Mental Health Act, while in Western Australia, ECT is banned and carries a jail sentence and/or financial fine if administered to minors. In the U.S., CCHR and ECT survivors were also instrumental in obtaining a ban on ECT use on minors in four states. CCHR wants to see such a ban extend to all age groups globally. An online petition also supports a ban on ECT.

CCHR International also encourages patients damaged by ECT or their families to report this to the group using its online abuse report form here: https://www.cchrint-programs.org/acms/case/create

CCHR is a mental health watchdog responsible for more than 180 laws that protect patients from damaging psychiatric practices. DONATE to support its work here: https://www.cchrint.org/cchrint-donate/

[1] “1950s–1960s: Dr. Ewen Cameron Destroyed Minds at Allan Memorial Hospital in Montreal,” AARP, 18 Jan. 2015, https://ahrp.org/1950s-1960s-dr-ewen-cameron-destroyed-minds-at-allan-memorial-hospital-in-montreal/; “Deep Sleep Treatment Death Nightmare Awakes 30 Years Later to Condemn Current Psychiatric Practices,” TruthAboutECT.org, updated 27 Nov. 2020, https://truthaboutect.org/deep-sleep-treatment-death-nightmare-awakes-30-years-later/

[2] “Deep Sleep Treatment Death Nightmare Awakes 30 Years Later to Condemn Current Psychiatric Practices,” TruthaboutECT.org, updated 27 Nov. 2020, https://truthaboutect.org/deep-sleep-treatment-death-nightmare-awakes-30-years-later/

[3] “‘Deep sleep therapy’ doctors lose multi-million-dollar fight to clear their names: Dr John Gill, a former GP and deregistered psychiatrist John Herron used defamation laws to try and ‘rewrite history,’” Australian Doctor, 26 Nov. 2020.

[4] John Adams inquest (26 Jan. 1978 and Jan. 1980); Sharon Hamilton (March/April 1979); Miriam Podio (1982); Audrey Francis (1986)

Amber Rauscher
Citizens Commission on Human Rights
+1 323-467-4242
email us here
Visit us on social media:
Facebook
Twitter


Source: EIN Presswire

Five Big Fat Mistakes people make about Reverse Mortgages

Reverse Mortgage Mistakes

We all make Mistakes – It’s okay

Mistakes Happen and It's Okay

Money House

Reverse Mortgage Expert

Paul Scheper, CRMP, CSA, MBA

Mistakes and Myths and Misconceptions and Mistruths about Reverse Mortgages: Fact vs. Fiction

The five words that describe a reverse mortgage best are simple – It is just a loan.”

— Paul E Scheper, CRMP, MBA, CSA, SRES

IRVINE, CA, UNITED STATES, December 1, 2020 /EINPresswire.com/ — Myths, Mistruths, Misconceptions, and Mistakes (The 4 M's) about reverse mortgages and how they work are common. But having access to accurate information as you make your decision about a reverse mortgage can assist you in balancing the pros and cons, and evaluate if a reverse mortgage is right for you. Let's look at the biggest, fattest 5 mistakes that many people still make concerning a reverse mortgage.

Big Fat Mistake #1 — "The bank will own my home."

Reality #1: This is one of the most common misconceptions about reverse mortgages. Just like any mortgage or home equity loan, you continue to own your home, with your name on the title. Of course, you must meet your loan obligations: keeping current with property taxes, homeowners insurance and maintenance.

Big Fat Mistake #2 — "I probably won't qualify because I already have a mortgage."

Reality #2: Proceeds from your reverse mortgage would first be used to pay off any existing mortgage(s).

Big Fat Mistake #3 — "I won't be able to leave my home to my heirs."

Reality #3: Your heirs will still inherit your home, but they will have to pay back the loan balance if they want to keep the home (just like all loans).
This includes the amount of funds you used plus accrued interest and fees. Or, they can sell the home to repay the loan. Once it's repaid, they receive any remaining equity—just like a traditional mortgage or home equity loan.

Big Fat Mistake #4: — "Reverse mortgages are designed to take advantage of retirees."

Reality #4: Reverse mortgages are specifically designed to help retirees. Many people are living longer—and they're rightfully concerned about outliving their retirement savings. The ability to access home equity can provide a greater sense of security, and more financial flexibility. The industry is also highly regulated: Any lender offering reverse mortgages must follow strict state and federal guidelines and regulations that are in place to protect borrowers. In addition, members of the National Reverse Mortgage Lenders Association (NRMLA) pledge to uphold the industry's highest ethical standards.

Big Fat Mistake #5 — "A reverse mortgage should only be used as a last resort."

Reality #5: Many savvy senior homeowners use a reverse mortgage strategically—for example, as a safety net in case of emergencies. In recent years, there have been a number of product advances that have made reverse mortgages more attractive, and academic researchers at respected universities have developed effective strategies for using a reverse mortgage as part of an overall retirement plan. Today, financial advisors are increasingly viewing them as an important option to be seriously considered.

A reverse mortgage needs to be suitable and appropriate for a consumer. It has to be the right loan, for the right person, for the right situation, at the time, and for the right reason. It is just a loan — plain and simple. The main difference is that the interest can be paid later, not monthly. It's a good move to compare a reverse mortgage to a regular mortgage in a "side by side" comparison to see what is right for you.

Paul E. Scheper, President
Loangevity Mortgage
9496367242 ext.
email us here


Source: EIN Presswire