Sentences with phrase «amount of insurance purchased»

Find out the type of insurance policy you have and the amount of insurance you purchased.

Permanent life insurance premiums, like term life insurance premiums, are based on the health, age and sex of the insured person as well as the amount of insurance purchased, says Finneran.

Keep in mind that the cost and availability of insurance depend on factors such as age, health, and the type and amount of insurance purchased.

The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased.

If your home is destroyed by an insured loss, you will receive the full amount of insurance you purchased for your home, minus any applicable deductible.

The purpose is to make sure the amount of insurance purchased is reasonable and in line with the insured's needs.

If your vacant home is destroyed by a covered loss (a total loss situation), you receive the full amount of insurance you purchased on your home, minus any applicable deductible.

However, the policy does not provide any returns beyond the death benefit (the amount of insurance purchased); the policy has no additional cash value, unlike permanent life insurance policies, which have a savings component, increasing the value of the policy and its eventual payout.

Insurance to Value - Amount of insurance purchased vs. the actual replacement cost of the insured property expressed as a ratio.

The premiums, which are based on age and the amount of insurance purchased, may be less expensive than individual life insurance premiums because of an employee group discount.

With a life insurance contract that is collaterally assigned to a bank, your loved ones will not be obligated to repay anymore of the loan as it will be paid off in the amount of insurance you purchased up to the loan.

The cost and availability of insurance depend on factors such as age, health, and the type and amount of insurance purchased.

Remember that the cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased.

The cost and availability of the type of life insurance that is appropriate for you depend on factors such as age, health, and the type and amount of insurance purchased.

A level death benefit builds up cash value against the death benefit, reducing the amount of insurance you purchase over time.

The cost of a home insurance policy is based on several factors, including the amount of insurance you purchase, the perils covered by your policy, the type of property you insure, and the limits and deductibles you choose as a policyholder.

The monetary amounts of insurance you purchase are at your discretion.

If the monetary amounts of insurance you purchase are enough to cover the costs of another party's medical expenses or property damage repairs, you will be held liable for the remainder of the balance.

If you do have children, the number of children, your spouse's income and your other debts should all factor into the amount of insurance you purchase.

The amount of insurance you purchase for a key person should be predicated on the risk involved.

Not exact matches

Guaranteed acceptance insurance is incredibly expensive for the amount of coverage you can purchase since the insurer is unable to collect or verify any information about your health.

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

If the misstatement is not discovered until after you die, the insurance company must compute the amount of insurance your premiums would have purchased for someone of your actual age or sex and pay your beneficiary that amount.

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.

Running a small businesses comes with a certain amount of risk, but you can protect against this by purchasing insurance protection.

That measure was stalled over arguments about the amount of insurance coverage drivers would be required to purchase.

The measure would offer individuals refundable tax credits to purchase health insurance and restructure the country's Medicaid program so that states receive a set amount of money from the federal government every year

«(B) Insurance that provides for purchase and provision to the Administrator for retirement of an amount of offset credits or emission allowances equal in number to the tons of carbon dioxide equivalents of greenhouse gas emissions released due to reversal.

USDA purchase loans come with both a upfront guarantee fee (1 percent of the loan amount) an annual mortgage insurance premium (0.35 percent of the loan balance).

He or she will get paid in the amount of insurance coverage you purchased and will have two options to receive the money:

If you're simply looking for the minimum amount of coverage necessary in your state, consider purchasing a GEICO motorcycle insurance policy.

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.

The insurance company may impose a withdrawal charge on any amount that exceeds the annual free withdrawal amount in the first years of the contract for each purchase payment.

A good rule of thumb is to purchase enough life insurance to cover 10 times your income if you have kids under 10 years old (five times your income if you have kids over 10), plus the amount needed to pay off any debts.

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 many people, it also involves purchasing the right amount of life insurance to protect their family's lifestyle.

No matter the amount of personal property coverage a tenant purchases, their renters insurance policy will still include limits for specific categories.

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

In addition, the limited amount of coverage you can purchase means that guaranteed insurance will typically only cover end - of - life expenses.

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.

Goodreau says that the right insurance agent will help consumers purchase the insurance policy that provides the amount of coverage they are seeking at the best possible price.

And you might not be able to purchase a sufficient amount of liability insurance on a traditional home insurance policy, Worters cautions.

First, FHA proposes to reduce the amount of closing costs a seller (or other interested party) may pay on behalf of a homebuyer financing the purchase of a home with FHA mortgage insurance.

Purchase a landlord insurance policy that provides the maximum amount of insurance you can reasonably afford; add any necessary endorsements to make sure you're adequately protected.

Typically, the claim limit — the maximum amount a condo insurance policy will pay — is about 50 % of the dwelling coverage purchased.

There is a direct relationship between the amount of money you put down on a home purchase, and whether or not you have to pay for private mortgage insurance.

Just like with many of the fees associated with a purchase or refinance loan, the amount of mortgage insurance a borrower has to pay varies by both loan program and financial situation:

But say your home purchase also requires closing costs, mortgage insurance and loan origination fees in the amount of $ 5,000.

The insurance companies should allow you to purchase a policy at least in the amount of the mortgage, although you may want a little more or a little less if he were to die too soon.

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.