Sentences with phrase «against the policy»

Many use these types of policies as a way to supplement retirement income needs by taking loans against the policy after retirement.

You also have the option of borrowing against your policy's cash value.

One method is to make claims against the policies of more than one vehicle that you have insured.

Imagine you're a salesman and you start selling something that goes against the policies of your company.

Loans made against the policy are also tax - free in many cases.

Be sure to follow your company's procedures so that you will not be penalized for going against policy.

In some cases, you can even borrow money against the policy as well depending on the circumstances.

If the policy has cash value, the charity may choose to surrender or borrow against the policy for funds today.

A benefit of purchasing permanent life insurance is the ability to take out a loan against the policy in the event of a financial emergency.

The insurance company will take into account any loans against the policy value when calculating the dividend payment, so beware of the effect of loans.

This type of account usually has larger premiums, but you are allowed to borrow against your policy if needed and you can cancel it at anytime.

Most policies are even written so that those defense costs don't count against your policy limits, leaving the full limit available to pay or settle the claim.

However, you should keep in mind the difference that your out of pocket expenses would result in, and weigh it carefully against the policy premiums savings.

But taken together, who would dare argue against policies for reducing that figure?

You also have the added advantage of being able to borrow against the policy as soon as it has attained a cash value amount.

This will make it much harder for people to administer a Page using a fake account, which is strictly against our policies.

You can also raise a loan against your policy from your insurance company itself.

And while most students don't have a great deal of insurance history, previous claims filed against their policies cause rates to go up.

If you decide against the policy within that 10 day window, you are able to cancel it and receive a full refund.

He led the charge to push back against the policy.

The yearly prices of protection may have no relation to the actual mortality costs charged against the policy in any given year.

Most policies are even written so that those defense costs don't count against your policy limits, leaving the full limit available to pay or settle the claim.

Cash values in whole life policies allow you borrow against the policy without collateral or a credit check.

With a whole life policy, however, you can borrow against the policy after a certain amount of time.

The collateral assignment is a lien against the policy proceeds.

Additionally, your policy may allow you to withdraw funds against the policy's accumulated cash value.

Why will you say that we kicked against a policy?

Remember, loans against the policy accrue interest and decrease both the death benefit and cash value by the amount of the outstanding loan and interest.

You are the owner and as such, you may borrow against the policy at any time while the insured is living.

There's a flexible payment schedule and, after 11 years, the policyholder can borrow against the policy with no interest.

Commercial insurance deductibles are frequently as high as tens of thousands of dollars, in which case they'll seek recovery directly against your policy.

If you decide to cancel the policy, you'll receive the accumulated cash value that has built up over time, minus any outstanding debt against the policy.

If you have an outstanding loan balance against the policy, you could incur even more taxes.

Therefore, in case you're unable to repay the loan or interest amount, the premiums paid against your policy so far will be used to recover the outstanding loan and interest amount.

This essentially is taking out a loan against the policy while it is still in effect, with no collateral upfront.

Many people have strong opinions about which one is the better choice, so you are likely to hear arguments for and against each policy type.

You will be able to compare your current financial obligations against your policy.

If the cash value of the loan or financial transaction leveraged against the policy is lost or unpaid, the policy owner is then responsible for paying the difference back into the policy.

Your insurer will allow you to borrow money against the policy using the cash value in it as collateral.

Since child plans are basically an endowment policy, it offers loan which can be taken against your policy once the policy has acquired surrender value.

Companies have clearly articulated policies which reflect their recognition of Indigenous rights, support these policies with substantial resources and have systems in place for monitoring their achievements against policy goals.

The maximum loan you can get against the policy is 75 % of the single premium paid.

Generally, the loan offered against a policy is lower than its surrender value.

In addition, dividends may be applied against policy loans and / or interest on policy loans, or in some cases, treated as additional premium payments.

Know the arguments both for and against the policy matter in question.