Sentences with phrase «amount as insurance premium»

A married person who has the same record as an unmarried one will pay less amount as insurance premium.

Not exact matches

The annual mortgage insurance premium rate for FHA loans depends on your loan - to - value ratio as well as your total loan amount and repayment plan.

As is the case in most cities, renters insurance premiums do not vary much for the same amount of coverage throughout the city.

For example, the Public Accounts / Budget / Updates includes employment insurance program costs, as the government has full control over this program, determining the premium rates and eligibility and the amount of the benefits, whereas the Estimates excludes them, on the basis that they are included as part of a specified purpose account.

Dividends on a life insurance policy are generally treated as a return of investment and are not treated as taxable income to the policyowner unless they exceed the amount of the aggregate gross premiums paid on the policy.

You'll have an upfront mortgage insurance premium for 1 % of the loan amount, as well as an annual premium for 1.1 % - 1.15 % of the loan amount (these were increased in April 2011).

There is an upfront mortgage insurance premium (MIP) that equals 1.75 % of the loan amount, as well as an annual MIP that is typically paid 12 times per year as part of the monthly mortgage payment.

Low down payment programs — those with down payment requirements of as little as 3 percent — will require private mortgage insurance and have stricter credit requirements, whereas an FHA mortgage will require a minimum 3.5 percent down payment along with an upfront mortgage insurance premium or an annual premium of 0.70 percent to 0.85 percent depending on the amount and type of loan you have.

Essentially, this amounts to imposing a tax that is then used to subsidize premiums (charging everyone a tax and then paying people to get health insurance is the same thing as charging people who don't get insurance a «penalty»), but Obama ran on a platform of not raising taxes on people making less than $ 250,000, so he went through this «penalty» shenanigan so he could pretend to have kept his promise.

The union has said it would be willing to accept an agreement in which teachers pay a set amount, as opposed to a percentage, for their health insurance premiums.

Instead of taking back the refund, you can choose other non-forfeiture options, such as using the cash to continue to pay premiums, acquire reduce paid - up insurance (using the cash to buy a reduced amount of permanent coverage) or acquire extended term insurance (keeps the coverage the same, but reducing the length of the policy)

As is the case in most cities, renters insurance premiums do not vary much for the same amount of coverage throughout the city.

Regardless of the value of a home, most mortgage insurance premiums cost between 0.5 % and as much as 5 % of the original amount of a mortgage loan per year.

As term insurance is a long term product, you must be comfortable with the premium amount charged.

The duration or term of a life insurance policy is equally important as the cover amount and premiums of the policy.

The premium could be paid to the life insurance company as a lump sum, an annual or semi-annual payment, or monthly amount, for example.

Compare premiums from several companies based on the amount of insurance offered as well as the potential dividends.

Whole Life Insurance guarantees a minimum death benefit (also known as the face amount), no matter how long you live, as long as premiums are paid.

Another thing to consider is that a mortgage life insurance policy is often written as a decreasing term policy, so the death benefit decreases over time, (just as your mortgage payoff amount decreases as you pay your monthly mortgage payments), but the premium remains the same over the life of the policy.

As pointed out in KeithB's comment, you can not deduct any health insurance premium (or other medical expense) that was paid for out of pre-tax dollars, nor indeed can you deduct any medical expense to the extent that it was paid for by the insurance company directly to hospital or doctor (or reimbursed to you) for a covered expense; e.g. if the insurance company reimbursed you $ 72 for a claim for a doctor's visit for which you paid $ 100 to the doctor, only $ 28 goes on Schedule A to be added to the amount that you will be comparing to the 7.5 % of AGI threshold, and the $ 72 is not income to you that needs to be reported on Form 1040.

As opposed to upfront premiums — the mortgage insurance paid when receiving the loan, 1.75 percent of the value — annual premiums vary based on the length of the loan, the amount, and the initial loan - to - value ratio (LTV).

Part of the FHA mortgage insurance premium is paid up front as part of the mortgage amount; the remainder of the annual premium is pro-rated and added to monthly mortgage payments.

You'll have an upfront mortgage insurance premium for 1 % of the loan amount, as well as an annual premium for 1.1 % - 1.15 % of the loan amount (these were increased in April 2011).

As of July 14th HUD will go to risk - based pricing for FHA insurance, thus the up - front premium will range from 1.25 percent to 2.25 percent depending on the amount down and your credit status.

As such, a certain amount of the premium goes toward the cost of insurance while the remainder goes to the cash value.

Since a universal life insurance policy's premiums are split between the cost of coverage and the cash value, you can choose how much you pay so long as it falls between the minimum and maximum premium amounts.

The annual mortgage insurance premium rate for FHA loans depends on your loan - to - value ratio as well as your total loan amount and repayment plan.

As long as your premium payments are made as agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amounAs long as your premium payments are made as agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amounas your premium payments are made as agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amounas agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amount.

Life Insurance is a type of insurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have bInsurance is a type of insurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have binsurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have been paid.

As noted above, and like many mortgage - related things, your mortgage insurance premium is based upon several factors, including your credit score, the amount of your down payment as a percentage of the value of the home (LTV); your choice of mortgage product (fixed rate or adjustable rate — and how frequent the rate adjustment will be); the length of the term of your mortgage (15, 20, 25, 30 years), the amount of the mortgage and of course the level of coverage the investor requires for your kind of loan and borrower profilAs noted above, and like many mortgage - related things, your mortgage insurance premium is based upon several factors, including your credit score, the amount of your down payment as a percentage of the value of the home (LTV); your choice of mortgage product (fixed rate or adjustable rate — and how frequent the rate adjustment will be); the length of the term of your mortgage (15, 20, 25, 30 years), the amount of the mortgage and of course the level of coverage the investor requires for your kind of loan and borrower profilas a percentage of the value of the home (LTV); your choice of mortgage product (fixed rate or adjustable rate — and how frequent the rate adjustment will be); the length of the term of your mortgage (15, 20, 25, 30 years), the amount of the mortgage and of course the level of coverage the investor requires for your kind of loan and borrower profile.

If your current home loan was obtained on or after June 1, 2009, your mortgage insurance premiums on an FHA streamline loan are the same as on a regular FHA refinance or home purchase mortgage: an upfront MIP of 1.75 percent of the loan amount, plus an annual MIP ranging from 0.45 percent to 0.85 percent, depending on the length of the loan and the amount of equity.

Low down payment programs — those with down payment requirements of as little as 3 percent — will require private mortgage insurance and have stricter credit requirements, whereas an FHA mortgage will require a minimum 3.5 percent down payment along with an upfront mortgage insurance premium or an annual premium of 0.70 percent to 0.85 percent depending on the amount and type of loan you have.

Increasing annual mortgage insurance premium (prorated monthly and paid as part of monthly mortgage payments) from.50 percent of the original loan amount to to 1.25 percent of the original loan amount.

Though ICICI is insisting me to buy loan insurance from Lombard I have not considered the same as the premium amount per year is high Please suggest which is the best policy for me to buy.

If you are older, it's a good time to shop (for the best premiums): Among insurance companies, the discrepancies in the amount you pay as a premium are much larger for seniors than for younger applicants.

With mortgage life insurance, the death benefit or coverage amount declines as your mortgage balance decreases, but the premium you pay remains the same.

Adding complexity to the way universal life insurance works is the fact that this type of coverage offers flexible premiums — as in, the amount you pay into your policy can fluctuate from year to year.

This page lists the policy specifications such as the name of the insured, the policy owner, the beneficiary, the policy number, the amount of insurance and the premium amount among other things.

Reserve: The amount of money an insurance company holds which, with future premiums and an assumed rate of interest, will pay all contractual obligations as they become due.

Then the amount of coverage (and what you pay in policy premiums) will decrease as your insurance needs decrease.

Expensive items - such as jewelry, antiques, collectibles or premium electronics — are typically covered under a renters insurance policy, but only up to a certain dollar amount.

This renders the mortgage insurance inflexible as compared to life insurance which accounts for the same amount of premium throughout the term.

Even though you must put enough money into the bucket to keep the policy in - force (otherwise it will lapse), there is complete discretion as to when premium payments will be made — annually, semiannually, quarterly, or monthly — and in what amounts — depending on how often payments are made and whether you have the option (as with some policies) to choose your payment amount based on a range provided by the insurance company.

Lastly, your GFE will show the amount of prepaid mortgage interest due at closing, as well as whatever real estate tax and homeowners insurance premiums are due.

The bad thing about an FHA ARM is that, like all FHA mortgages, it requires borrowers to pay an upfront mortgage insurance premium of 1.75 % of the loan amount (which is usually rolled into the loan, and you'll pay interest on it as a result).

Typically, a universal life insurance policy holder may adjust — within certain limits — the death benefit amount, as well as the timing and the amount of their premium.

As the policy owner, you can vary the frequency and amount of premium payments and also increase or decrease the amount of the insurance to suit changes in your situation.

Applicants also can qualify for higher loan amounts as compared to conventional mortgages and allow borrowers to finance their mortgage insurance premium.

The monthly payments shown here do not include amounts for property taxes and insurance premiums and as a result your actual obligation will be greater.

As a result, universal life insurance premiums are typically lower during periods of high interest rates than whole life insurance premiums, often for the same amount of coverage.