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About The Pine Family Foundation

Welcome to the blog for the Pine Family Foundation - a self funded organization that provides scholarships and grants to qualifying students for the purpose of furthering research into (currently) non curable diseases.

Foundation Primary Focus

The primary focus of the grants made by the foundation are to further research into the following areas:

1. Furthering research into AIDS - with the primary focus being on quantifiable statistical research into the correlations of proposed new drugs and partial symptom alleviation with a view of gaining a better triggers matrix understanding.

2. Research into Alzheimers - specifically expanding on current knowledge relating to electrical brain patterns in sufferers and the link to quantifiable (correlated) loss of function.

This blog serves as to provide a reference point for the foundation, it's activities and also discussion of issues surrounding such diseases, particularly the struggle of family members and other social aspects of such debilitating and incurable diseases.

Current Scholarship / Funding Availability

At this moment in time (Nov 2013), funding has provisionally been fully allocated for 2014. These allocations are, however, subject to stringent conditions of entry of the research being undertaken and a number of other factors which are, as yet, not fully finalized.

It is therefore recommended that you check back here periodically to check if this situation has changed (i.e. that funding has been withdrawn and is now available or that the funding has been formally allocated).

Should you have any questions, please get in touch using the form on the contact page.

Best Wishes,


November 2013

Friday, 6 December 2013

How Does Life Insurance Work - Really ?

Although we are by no means an insurance agency or even affiliated with one, we do seem to get a lot of questions about how exactly life insurance works. As it is a frequent question, we thought we'd give it the honor of being our first blog post! If you have any questions following it, please be sure to let us know and we'll do our best to answer them.

How does life insurance work can have a simple explanation or a complicated one, depending on the type of insurance one chooses and the nature of terms, exemptions and inclusions that are stipulated in the policy by an insurance company or provider.

Typically, there are two parties engaged in any type of life insurance, the insurer or the insurance provider and the insured or the insurance policy holder. At the time of applying for life insurance, an agent or broker may be involved but only as a facilitator and not as a decisive party.

The Concept

The concept of life insurance is pretty simple. An insured or insurance policy holder makes payments, known as premiums, towards a policy that assures a sum of money at the time of maturity of the policy or at the time of death of the insured. Some policies however pay a sum at the maturity of the policy which is the end of the term as well as another sum of money at the time of death of the insured.

The Definition

Any life insurance policy is defined by its type, the coverage amount and the term it is valid for. Life insurance can be short term, long term, temporary or permanent and there are several types of concepts engaged in different policies. Usually, the coverage amount and the number of years a policy is for determines the premium. For instance, a policy of $200,000 for a period of 20 years may require an individual to pay $5,000 premium every year. The same policy for a period of 10 years may need one to pay $10,000 premium a year. The coverage amount is directly proportional to the premium and vice versa. The premium to be paid is inversely proportional to the term of the policy and vice versa.

The Coverage Amount & Cost

The coverage amount can be chosen by an individual but the premium would be calculated by the insurance provider depending on various factors. The age of the individual, present health conditions, the term of the policy and the type of life insurance opted for would determine the premium to be paid and applicants should always compare life insurance quotes before deciding on a policy and a provider for that matter. For instance, young applicants would get to pay lower premiums for higher coverage. Senior citizens or those at health risks would have to pay much higher a premium for a lower coverage. Also, policies such as term life insurance would provide much higher coverage during the policy term at the same premium as that of whole life insurance but the latter provides coverage even after the policy matures which term life insurance doesn’t.