Not exact matches
There are differing views on when, or
if, teacher quality plateaus
after a
certain number of years in the classroom.
And indeed, a house can be given to the public (meaning the government that manages public property),
if none claims ownership
after a
certain number of years.
In general, life insurance companies that know an insured has passed, but can not locate the beneficiaries
of the policy, are required to turn over the benefits
of the policy to the state's unclaimed property office
if the benefits are not claimed
after a
certain number of years.
Again, using U.S. health coverage as an example, under group insurance a person will normally remain covered as long as he or she continues to work for a
certain employer and pays the required insurance premiums, whereas under individual coverage, the insurance company often has the right not to renew an individual health insurance policy, for instance
if the person's risk profile changes (though some states limit the insurance company's rights not to renew
after the person has been under individual coverage with a given company for a
certain number of years).
However,
if you'd prefer to have a policy that could provide the cash value * to pay off debts and don't want to worry about it expiring
after a
certain number of years, you may want to consider a permanent life insurance policy.
Some policies will not return any
of the premiums that you have paid
if you cancel early, while others will refund a percentage
after a
certain number of years.
If for some reason, one ceases to pay premium
after a set minimum
number of years, then a free paid - up policy may be secured with reduced sum assured, subject to
certain conditions
A free paid - up plan for lesser assured sum amount can be secured,
if payment
of premium ceases
after a
certain minimum
number of years, terms and conditions applied.
The Amulya Jeevan II Plan does not acquire any paid - up value
after any
number of years that is even
if premiums are paid for a
certain number of years, say three
years, they need to be continued throughout the policy tenure as failure to do so results in policy lapse.
For example, when do you pay out the profits, are there penalties to the investors
if they pull out
of the fund before a
certain number of years, do they roll over the profits they've made and
if so, are there incentives for that other than compounding, are you paying out - or allocating - ALL
of the profits to investors or yourself each
year (meaning
if the fund closed tomorrow would you keep the chunk
of money left over
after paying out the investor profits and initial investments or would you divide that chunk up between all the investors), are you paying yourself a salary for managing the fund and
if so, are you also profit sharing??? I ask that last one because once I switch over to a fund like this, the money I am currently pulling out
of each deal to live on, would need to stay in the fund and I'm left with no income until the end
of the
year if that's when the fund distributes profits.
It would hold a lot more weight and respect
if it was implemented, taught, learned and continually upgraded through a national Community College program just like other trades such as, plumbers, mechanics, electricians over at least a full
year course followed by blocks or modules,
after a
certain number of hours work has been attained to finally classify yourselves as industry experts.