Sentences with phrase «die policy a life»

Not exact matches

In those cases, a term life insurance policy can cover that debt should you die before it's zeroed out, she said.

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

Other policies to consider include: • Key employee insurance life or disability income insurance compensates a business when certain key employees become disabled or die.

Specifically, Hunt recommends a survivorship - whole life or - universal life policy, more commonly called a second - to - die policy, since it pays out to heirs only after both parents pass away.

Such policies also pay out a death benefit to your heirs when you die, but they are far more expensive than term life.

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

Cash value that's left in your life insurance policy when you die is kept by the insurer.

AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.

If you die during the grace period, your beneficiary will receive the full value of the death proceeds of your life insurance policy minus any premium that is owed to your life insurance company.

In basic terms, mortgage life insurance pays off your mortgage balance if you die while the policy is in effect.

This means that if you die due to an accident while covered under a life insurance policy with an AD&D rider, your beneficiaries could receive up to twice your face amount — one payout equal to your face amount from the life insurance half of the policy, and another payout from the AD&D rider.

Overall, we recommend buying a traditional life insurance policy over an AD&D policy to ensure your loved ones are financially protected no matter how you die.

Designed to provide a survivorship life insurance solution for clients seeking strong protection and accumulation guarantees, this new second - to - die whole life product can cover two lives more cost effectively than two comparable individual policies.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

Basically, someone with a terminal disease would sell his or her life insurance policy at a discount so they could have money to pay medical bills and what not and then when that individual died, the buyer would cash in the full amount of the policy.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

The trust owns the life insurance policy and collects the death proceeds when the insured dies.

Cares enormously about children in resettlement camps, who must drink water to fill their stomachs because there is no food; he cares about shivering women at Nyanga whose flimsy plastic shelters are being destroyed by police; He cares that the influx control system together with Bantunization are destroying black family life not accidentally but by deliberate government policy; He cares that people die mysteriously in detention; He cares that something horrible is happening in this country when a man will often mow down his family before turning the gun on himself; He cares that life seems so dirt cheap (cited in Maimela 1986:43).

Awareness of this phenomenon should heighten our critical scrutiny of right - to - die proposals in the spheres of personal life choice and public policy.

The conspiracy theorist living inside my brain says we can expect to see more of this type of «journalism», followed by calls on the school officials to DO SOMETHING because IT IS FOR THE CHILDREN»S SAFETY and IF WE LET THE PARENTS SEND LUNCHES TO SCHOOL THEN CHILDREN WILL DIE!!!!!!!! (note the many, many exclamation points — that means this is a REALLY IMPORTANT POINT Y ’ ALL), followed by local school officials implementing policies to BAN CHILDREN FROM EATING FOOD BROUGHT IN FROM «OUTSIDE» and mandate that they eat, instead, the lunch provided by the school.

I was very aware that I could die, leaving my husband and newborn daughter with no wife / mother (and no life insurance policy).

Mr. Shanahan, 76, formerly of Arlington Heights, who helped craft savings and loan industry policies in the 1980s, died of a blood clot on the brain, Friday, Sept. 19, in Naples, Fla., where he lived for several years.

Benny Peiser, director of the Global Warming Policy Foundation, said, «Science lives and dies with the issue of testability, replication, verification, falsification.»

Thus began the one - child policy, the world's most radical social experiment, which continues to irrevocably shape how one in six people in this world are born, live, and die.

Then reality hits home — families are left to care for the permanently dying, life - insurance policies become meaningless, and funeral parlors are reduced to arranging burials for pet dogs, cats, hamsters, and parrots.

Dying while the policy is in force is the one sure way to get money back on term life insurance.

If you have a life insurance policy, and you've been keeping up with your premiums, your insurer will pay out a death benefit when you die.

Where it falls short: A travel accident insurance policy in no way compares to a life insurance or disability policy because it only kicks in if you die or are severely injured on that particular trip.

Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the policy.

In effect, buying a longevity annuity is a bit like buying a life insurance policy, but instead of making a payment to your heirs when you die, a longevity annuity makes monthly payouts to you for the rest of your life, assuming you're still alive when those payments are scheduled to begin.

Cash value that's left in your life insurance policy when you die is kept by the insurer.

If the insured dies within this term (10, 15, 20, 25, 30, or 35 years), the life insurance company pays a lump sum death benefit to the policy's beneficiaries.

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.

«And since kids will be in the picture soon, I think they should buy a $ 1 million joint - to - die 20 - year term life insurance policy.

They pay $ 11,000 annually in premiums — $ 8,000 for a $ 300,000 whole life policy with a last - to - die provision and $ 1,300 for a $ 1.3 - million term life policy for Sheila.

(Small businesses may wish to consider purchasing life insurance policies for key individuals, such as an owner or top employee, to help prevent financial distress if that person were to die.)

Like term life insurance, whole life insurance policies pay a death benefit if you die while your policy is in force.

Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the policy.

Life insurance companies use classifications to determine how risky you are for them to insure — what are the chances that you'll die over the course of your policy?

Take life insurance as an example: you pay for a policy, and if you die during the term then that money (the death benefit) goes to the person you named as your beneficiary on the policy.

Most people take out a life insurance policy to help financially protect their loved ones when they die.

Term life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the policy.

Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the policy.

For example, if a wife owns a life insurance policy on her husband and their adult daughter is the beneficiary, then technically the wife is gifting her daughter the policy proceeds should her husband die.

Plan completion life insurance: Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the purchase.

AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.

In contrast, a $ 100,000 term life policy on a father of 3, who dies with little to no money in the bank and who has a lot of debt, that $ 100,000 is not worth as much to the family he leaves behind.

Life insurance policies have helped many families at a time of need, when a primary income earner dies.