Sentences with phrase «amount of insurance benefits»

In addition, you may be eligible for up to three times the amount of insurance benefits currently owed to you.

Not exact matches

I still do primarily claims relating to motor vehicle accidents and I do a fair amount of statutory accident benefits, defending those on behalf of the insurance companies.
Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?
The Institute proposes a number of future priorities, such as moving to comprehensive corporate group taxation, expanding the basic personal amount to all individual investors, more comprehensive treatment of returning travelers, elimination of withholding taxes on Canada - US cross-border dividend payments, extending the dividend tax credit, and eliminating regionally extended employment insurance benefits.
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.
The directors are also entitled to (i) have the Company purchase directors» and officers» liability insurance on their behalf in reasonable amounts, (ii) the benefits of indemnification to the fullest extent permitted by law and by the Articles of Incorporation, Bylaws and any indemnification agreements, and (iii) exculpation as provided by state law and the Articles of Incorporation.
However, your Social Security spousal benefits are limited to 50 % or less of your spouse's primary insurance amount, depending on your age when you claim them.
If you claim spousal benefits at the earliest possible age of 62, you will only receive 32.5 % of your spouse's primary insurance amount.
Murray said he believes employees could be better educated about their insurance and benefits plan, specifically felt their flexible spending plans, which allow employees to deduct a certain amount of pretax money from their paychecks to make medically related payments.
If you work for a company that does not offer a qualified retirement plan (or does not offer a life insurance option in an existing plan) or if you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plan.
If you need a large amount of coverage, simplified issue life insurance isn't ideal for you because most life insurance companies cap the death benefit at $ 100,000 (some companies offer as high as $ 500,000.)
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.
The total benefit might be as much as half of the primary worker's insurance amount.
If you begin taking this at age 66, this benefit is 50 % of your husband's Primary Insurance 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
I also like to see people have a 30 - day waiting period or less — thats the amount of time from when the insurance company determines that a person is eligible to use their long - term - care benefit to when the company begins to actually pay out for the benefit.
Another charter network gave teachers a set amount of flexible money to pay for benefits (such as optional healthcare, vision, dental and required disability and life insurance).
And that amount does not include the thousands of dollars the employer (ultimately the taxpayer) has to pay for contributions to the teacher / union leader's retirement fund, health benefits, unemployment insurance and workers compensation.
In this case, the life insurance company would choose the annual benefit amount, based on the size of the policy and her age.
The property settlement agreement should specify the policy death benefit amount, the type of life insurance policy, what the policy is intended to secure, and who make the premium payments.
After your insurance plan pays the claim, you must pay the «patient owes» amount shown on the explanation of benefits statement.
A life insurance annuity works like an income in that the death benefit is divided up over a number of years into equivalent amounts that the beneficiary receives each year.
The policy document has all of the pertinent information about the life insurance policy: the term, the death benefit amount, policyholder details, and so on.
It'll have all the information you need: the name of the beneficiary, the number at which to contact the life insurance company, and the amount of the death benefit.
In most cases, if you are covered by a health or accident insurance plan through a cafeteria plan, and the amount of the insurance premiums was not included in your income, you're not considered to have paid the premiums and you must include any benefits you receive in your income.
Other benefits include getting to see your FICO credit score (this is not easy to get for free) and receiving some amount of identity theft insurance.
Your LTD insurance cost also depends on the policy's definition of «total disability», benefit period, monthly benefit amount and elimination period.
Term life insurance offers a specified amount of death benefit for a specified term.
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.
Liberals: Cut the middle income tax bracket from 22 % to 20.5 % for Canadians earning between $ 44,700 and $ 89,401 a year, amounting to savings of $ 670 a year (or $ 1,340 for a two - income household); create a new tax bracket of 33 % for those earning $ 200,000 a year or more; reduce Employment Insurance (EI) premiums to $ 1.65 per $ 100; have the Canada Revenue Agency (CRA) contact people who have tax benefits but aren't collecting them; cancel income splitting for families but keep it for seniors.
In the event of multiple Accidental deaths per account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit of insurance equal to two times the Benefit Amount for loss of life.
The spousal benefit can be as much as half of the worker's «primary insurance amount,» depending on the spouse's age at retirement.
Dental insurance explanation of benefits statements typically note amounts of satisfied deductibles.
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.
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.
It allows the policyholder to increase the benefit amount at specific birthdays, at the time of a marriage, or at the birth of a child, without having to provide evidence of insurability (i.e. you don't need to submit to life insurance blood testing).
Colonial Penn's term and whole life insurance products don't require a medical exam and have a maximum death benefit of $ 50,000, meaning you'll typically pay higher premiums and won't be able to purchase a greater amount of coverage should your financial needs change.
Because the death benefit amount of your cash value life insurance policy may change over time as its cash value grows, make sure to specify a percentage of the proceeds to go to your beneficiaries rather than selecting a dollar amount.
However, the small amount of money you saved is not worth the under performing permanent coverage you are stuck with, unless your only need for the insurance coverage is the death benefit.
Like traditional life insurance, the death benefit of a second - to - die policy can ensure your beneficiaries receive a minimum amount of money, even if savings and other retirement income is spent during the lives of you and your spouse.
Whole life insurance will pay out a set amount of money to your beneficiaries when you die, called a «death benefit
(ii) In the case of an individual who is no longer currently entitled to monthly insurance benefits under this title but to whom all past - due benefits have not been paid, for purposes of clause (i), any amount of such past - due benefits payable in any month shall be treated as a monthly benefit referred to in clause (i)(I).
For example, if you have a pre-existing condition and want a $ 350,000 death benefit to cover your mortgage, you will only be able to get this amount of coverage through a term life insurance policy.
This is the amount of a life insurance policy's death benefit at the time of issue.
When purchasing life insurance coverage, it is important to determine what type of policy — as well as how much in death benefit (face amount)-- will be right for you and your survivors.
Given their intent, survivor life insurance policies can have incredibly high death benefits and you won't be limited if you need a fair amount of coverage.
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».
If you need a large amount of coverage, simplified issue life insurance isn't ideal for you because most life insurance companies cap the death benefit at $ 100,000 (some companies offer as high as $ 500,000.)
If your intention is to build up cash savings to protect your loved ones in case something happens to you, the death benefit protection offered by cash value life insurance will typically provide them with a greater amount than the cash value of your account.
Back in the day, any form of flying was considered extremely hazardous and most life insurance companies would either force the applicant to pay an exorbitant amount or they would add an aviation exclusion clause to the policy, in other words, if you died as the result of a plane crash, your beneficiaries wouldn't receive the death benefit.
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