Sentences with phrase «as funeral expense»

Some insurance types such as funeral expense insurance plan serve one particular purpose e.g. to cover your last expenses.

Similarly, if you are having trouble getting a life insurance policy because of your disability, you might be limited to something such as a funeral expense policy.

Personal injury protection (PIP) provides medical coverage, lost wages and death benefits such as funeral expense reimbursement in the event of an accident regardless of fault.

Few other expenses such as funeral expense can also get the coverage, but that totally depends upon the insurer and the policy.

Some insurance types such as funeral expense insurance plan serve one particular purpose e.g. to cover your last expenses.

So, if there are more pressing costs when you pass away, such as funeral expenses or a child starting college, your family member can spend the death benefit as they best see fit.

A wrongful death lawsuit can seek damages such as funeral expenses, loss of consortium, lost income as well as pain and suffering.

The judge and jury will decide the amount of compensation you need based on how much the family lost in support, lost income and inheritance as well as funeral expenses or medical costs.

Law Times explains there are two types of claims that can be advanced under the FLA, as outlined in s. 61 (2), including pecuniary claims, which are actual expenses reasonably incurred for the benefit of the person injured or killed, such as funeral expenses and a reasonable allowance for the loss of income or the value of nursing or housekeeping services.

Our personal injury lawyers often take over the insurance portion for families, so that in a timely manner they receive compensation for things such as funeral expenses and to cover other expenses related to losing a loved one.

Some of them have to do with the death itself such as funeral expenses, but others include ways of providing for dependents.

Unless the driver acquires the bodily injury liability coverage, the driver of the car is responsible for the medical expenses that result from the injury, as well as funeral expenses in the event the victim dies due to the injuries sustained in the accident.

A life insurance death benefit can cover that debt as well as funeral expenses, mortgage payments and more.

If defined in the contract, some other things, such as funeral expenses might also be a part of the benefits.

Other expenses, such as funeral expenses, can also be included in the benefits.

Your liquid assets may not be enough to pay all the debts that you leave behind, plus all the expenses that arise because of your death (such as funeral expenses and estate taxes).

The idea is to avoid saddling your loved ones with your expenses, such as funeral expenses, credit card debt, mortgages and more.

This type of insurance is designed to pay for financial burdens your death leaves behind, such as funeral expenses, mortgages and other debts, as well as for future expenses such as college education and maintaining your family's standard of living.

The funds from life insurance are often used for large expenses that are one time only, such as funeral expenses and estate taxes.

Add in any fixed costs such as funeral expenses, attorney fees, emergency funds for survivors, credit card balances, college tuition bills, and outstanding loans and debts.

Not exact matches

A smaller death benefit is typical if you are looking to cover all costs associated with your passing, such as a funeral and potential hospital expenses.

Some plans offer holders the ability to withdraw money early without the 10 percent IRS penalty due to hardship exemptions, such as certain medical expenses, avoiding foreclosure, and funeral and burial expenses.

Therefore it's typically intended as final expense insurance, offering a large enough death benefit to cover a funeral and other costs associated with your passing.

The suit seeks more than $ 50,000 in general damages and more than $ 50,000 in economic damages as well as an unspecified amount for medical and funeral expenses, emotional distress and other damages.

Therefore it's typically intended as final expense insurance, offering a large enough death benefit to cover a funeral and other costs associated with your passing.

Term life insurance is often purchased to cover funeral expenses, mortgage and debt payoff, college education costs, and as income replacement.

Since the underwriting is limited, the death benefits are as well, though this is fine if you're interested in final expense coverage as the average funeral costs around $ 10,000.

Funeral Advantage is essentially a whole life insurance policy designed to cover a limited set of costs associated with your passing, and is also referred to as final expense insurance.

Guaranteed issue life insurance policies are designed so that surviving loved ones can pay for your final expenses, such as a funeral, burial, and medical bills.

Personal loans are awarded for big expenses such as boat purchases, wedding expenses, vacations, home refurbishing, home rehabilitation, motorcycle purchases, funeral expenses, dental expenses, medical expenses, and more.

If you simply want to cover your end - of - life expenses and funeral costs so that your family is not burdened by these expenditures, you might want to buy a small term life policy, such as $ 10,000 to $ 20,000 worth of coverage.

A smaller death benefit is typical if you are looking to cover all costs associated with your passing, such as a funeral and potential hospital expenses.

A $ 20k payout would likely be far more than enough to cover funeral expenses, but may not be enough to set up your family to subsist without you as a sole provider.

Instead, consider life insurance as coverage for the financial realities of death - funeral expenses, and perhaps money to provide grieving time for your family before they resume or take on work [Again, insurance is coverage against catastrophic loss, not a lottery ticket to provide a windfall when the unfortunate happens].

The biggest need I found was folks wanting a whole life policy just enough to cover funeral expenses because they didn't think they would live the 10 years or so it took to pay in as much as the policy would pay out at death.

Some defined contribution plans allow plan participants to take hardship withdrawals from their plans based on financial needs, such as medical or tuition bills or funeral expenses.

Funeral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit cardFuneral expense insurance can be used to pay for the cost of the funeral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit cardfuneral alone, or it can cover additional final expenses such as outstanding medical bills, legal costs, or any other debts that you owe, such as credit card bills.

Typically provides coverage for an insured person, covered family members and covered passengers for certain reasonable and necessary expenses, such as medical and hospital expenses, income continuation, loss of services, and funeral expenses for bodily injury caused by a covered accident, regardless of who was at fault.

Often, these help with handling your estate, particularly debts, as well as final expense, such as funeral costs.

Many individuals buy guaranteed life insurance as a last resort to leave just enough money behind to loved ones in order to take care of medical expenses and funeral costs.

Following the hypothetical examples, you may need a life insurance policy that will leave about $ 600,000 behind to your loved ones (averaging and adding in final expenses such as a funeral and burial.)

By buying life insurance, they make sure that money is available for funeral expenses and mortgage and loan payments, and that their loved ones can pay for living expenses (such as groceries, utilities and their children's education) even though they are not there to help anymore.

Loved ones can also use the proceeds for paying the costs that are associated with the insured's funeral and other final expenses, such as the purchase of a burial plot and headstone, a memorial service and flowers, and other related needs.

A type of permanent life insurance designed to cover the expenses related to the death of the insured, such as funeral costs, medical expenses or legal fees.

This important whole life insurance policy is typically purchased to cover the cost of a funeral and burial and, sometimes, other expenses that must be paid to close an estate, such as credit cards and other types of small loans or bills.

This cash, known as the death benefit, replaces your income and can help your family meet many important financial needs like funeral costs, daily living expenses and college funding.

Similar to term insurance, permanent life insurance can be put in place to pay for final expenses such as funeral costs, final medical bills and tax return.

The immediate expenses would include your own funeral costs, as well as mortgage payments, utilities, childcare, and more.

This final expense lump sum, which is paid often as soon as one business day, will help your loved ones cover your funeral, in addition to medical expenses you may have accumulated.

They come in a variety of formats, such as preneed funeral insurance, final expense insurance and burial insurance.