Sentences with phrase «against loss of income earning»
A good term policy that is maintained as goals are being pursued by the new family is a proactive measure against loss of income earning potential of both partners in a marriage.
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As such, DI is usually needed to protect against loss of income earning ability by a person who needs to work in order to accumulate more retirement savings.
Not exact matches
Hi Patrick, 1 - «my take on insurance such as disability and LTC is that they insure against the insured person's potential loss of future earned income.
If you incur the expenses to earn income, you can deduct your rental loss against your other sources of income.»
The losses associated with estimated future financial damage must be valued against the income that would have been earned over the remaining lifetime of the victim.
Simply stated, disability insurance provides financial protection against the loss of one's ability to earn income due to a qualifying injury or illness.
Accidental cover, on the other hand, insures you against financial risk that could occur due to accidental permanent disability or loss of income in case of a death of the earning member.