Sentences with phrase «amount of insurance based»

There are also renters coverage plans that include inflation coverage which increase the amount of your insurance based on how inflation changes the cost of living and loss of use insurance, which protects you if your home is rendered uninhabitable due to an insured loss.

If an insurer takes an adverse action by denying, canceling, increasing a consumer's premium or decreasing a consumer's coverage or amount of insurance based on the consumer's credit information, the insurer must provide the consumer with a phone number for their consumer reporting agency and notify the consumer of their right to a free copy of their credit report.

Not exact matches

Criteria Corp, a pre-employment testing company based in West Hollywood, California, offers 20 percent off of pet insurance for all employees, who can then take the remaining amount out of their checks pre-tax if they desire.

«When we look at our budget on a yearly basis, we're much more mindful of «Oh yeah, I pay my life insurance premiums yearly» or «We take a family vacation every year and it's X amount of dollars.»»

Most leases provide for monthly fixed minimum rentals or contingent rentals based upon sales in excess of stated amounts and normally require us to pay real estate taxes, insurance, common area maintenance costs and other occupancy costs.

The approximate cost of lender's title insurance varies by state and provider; it's generally based on the loan amount, transaction type and coverage type, among other variables.

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.

In 2014, the cost of private mortgage insurance ranges from 0.3 % to 1.15 % of the base loan amount, on average.

The cash value of a universal life insurance policy accumulates based on the amount of premium paid, monthly deductions for policy costs and an interest rate that is declared by the insurance company.

The Budget includes all expenses related to the Employment Insurance Operating Account on the basis that the government sets the premium rate, the eligibility criteria and the amount of the benefit.

Bottom line: Most California FHA borrowers in 2017 will end up with an annual mortgage insurance premium rate of 60 basis points, or 0.60 % of the loan amount.

Any qualified young widow received 75 percent of the worker's primary insurance benefit and surviving children received 50 percent of the worker's primary insurance amount.59 For both survivors» and dependents» benefits, eligibility was based solely on marriage to a covered worker and without account for actual need.60

In subsequent years New York's Superintendent of Financial Services will determine the amount of employee contributions based on the cost per worker of providing PFL through the state insurance fund.

The bi-weekly deduction cost for this additional life insurance is based on age and amount of coverage.

Insurance costs vary widely based upon the driving record of the owner and the coverage amount, so assumptions about the driver and coverage amount plus data from multiple insurance industry sources are used for esInsurance costs vary widely based upon the driving record of the owner and the coverage amount, so assumptions about the driver and coverage amount plus data from multiple insurance industry sources are used for esinsurance industry sources are used for estimating.

In this case, the life insurance company would choose the annual benefit amount, based on the size of the policy and her age.

«The financial plan is simple: Be certain you can pay the deductible amount if you have to,» says Josh Hite, owner of the Florida - based Brightway Insurance Agency.

The mortgage insurance premium is based on loan - to - value ratio, type of loan, and amount of coverage required by the lender.

In addition to the city you live in, the amount of coverage you purchase and your driving history, motorcycle insurance companies also calculate your rates based upon your age and years of experience.

Until the day comes where your insurance company only offers percent - based deductibles, it might be in your interest to take advantage of a low dollar - amount deductible in the event you have to file a claim.

The cost of private mortgage insurance (PMI) is based on the loan amount, the borrowers» creditworthiness and the percentage of a home's value that would be paid out for a claim.

Here's the formula: Loan amount ÷ appraisal value or purchase price (whichever is less) For example: The home you want to buy has an appraised value of $ 205,000, but $ 200,000 is the purchase price The bank will base the loan amount on the $ 200,000 figure, because it's the lower of the 2 You have $ 40,000 for a down payment, so you need a $ 160,000 loan to meet the $ 200,000 purchase price Your loan - to - value equation would look like this: $ 160,000 ÷ $ 200,000 =.80 You multiply.80 by 100 % and that gives you an LTV of 80 % Private mortgage insurance (PMI) If your down payment is lower than 20 %, your loan - to - value ratio for conventional financing will be higher than 80 %.

For example, a disability income rider waives your insurance premium and will provide your family with a supplementary income, based on the total amount of your coverage.

The price of insurance is determined based on objective factors that determine the amount of risk being taken on.

An insurance company's base rate is calculated by averaging the amount of claims the company pays in addition to the claims processing fee.

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

The interest rate will be specified upfront and will vary based on the amount you're investing, your investment horizon, the credit rating of the insurance company, and market conditions at the time of purchase.

In 2014, the cost of private mortgage insurance ranges from 0.3 % to 1.15 % of the base loan amount, on average.

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).

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.

For example, if the worker's primary insurance amount is $ 1,600 and the worker's spouse chooses to begin receiving benefits 36 months before his or her normal retirement age, we first take 50 percent of $ 1,600 to get an $ 800 base spousal benefit.

«The amount by which your rates drop can vary greatly based on your other circumstances, although men's rates tend to drop more than women's when they get married,» says Steve Pritchard, founder of insurance comparison site Cuuver.

For a spouse who is not entitled to benefits on his or her own earnings record, this reduction factor is applied to the base spousal benefit, which is 50 percent of the worker's primary insurance amount.

An insurance company is able to base its payments on a narrow amount of time around life expectancies.

However, if an infinite banking strategy is preferred, this amount could be divided 60 % paid of additions, 40 % base premium, meaning 60 % of the monthly or annual premium is purchasing paid up life insurance.

The cost of insurance in based on your age, your rating, and the amount insured.

The amount of FDIC insurance provided to an account owner is based on the total of (1) the value of an account owner's investment in the FDIC - insured account at each Bank plus (2) the value of other accounts held (if any) at each Bank, as determined by the Banks and by FDIC regulations.

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 profile.

LTD insurance is designed to replace 60 percent of an employee's base salary, but it's often capped at a lower monthly amount.

Insurance prices are set based on the amount of money that the insurance company expects to pay out, and a policy without a limit to that number is going to be more expensive for obviousInsurance prices are set based on the amount of money that the insurance company expects to pay out, and a policy without a limit to that number is going to be more expensive for obviousinsurance company expects to pay out, and a policy without a limit to that number is going to be more expensive for obvious reasons.

Your insurance premium is set based on the amount of risk that you present to the company.

It's also worth noting that insurance companies set rates based on the amount of money they expect to take in over twelve months, the amount of money they expect to pay out, how their investments are anticipated to perform, and several other factors.

In short, whatever amount is spent on eligible long term care costs, based upon the receipt of policy benefits from a «partnership eligible long term care insurance policy», would be offset against the required Medicaid «spend down requirements».

Because the federal government insures these low credit score home loans, you'll pay a mortgage insurance premium, which is currently assessed at 1.75 % of the base loan amount.

This is based upon a $ 200,000 sales price with 0 % down and 2.00 % upfront guarantee fee of the base loan amount of $ 200,000, which works out to $ 4,000, and a monthly mortgage mortgage insurance premium at.40 % of the base loan amount.

Mark Moreau: Yeah, basically if we can just take a little bit of tangent here, when you have to get mortgage insurance in place, it's done on a premium basis which is a percentage of the total amount of the mortgage that's going to go out.

This is based upon a $ 200,000 sales price with 3 % down and a monthly mortgage mortgage insurance premium at 1.30 % of the base loan amount.

Quote: The estimated premium amount for an applicant based on several factors including type of insurance, coverage amount, length of coverage, age, gender, health and medical history, family history, build and approximate rating class.

The total yearly cost of a mortgage stated as a percentage of the loan amount: includes the base interest rate, primary mortgage insurance, and loan origination fee (points)

The loan originator consults with the borrowers to determine which loan product best meets their needs and then determines the cost of MI based on the borrowers» credit scores, the size of their down payment, type of mortgage and amount of insurance coverage.