Sentences with phrase «beneficiaries on»

All cash, other than necessary reserves, must be distributed to the co-investors or beneficiaries on a current basis, and

This is single 1st trust deed and both of our IRA's would be listed as beneficiaries on the deed of trust.

o Make sure to change, if you wish, the beneficiaries on accounts and insurance policies.

Not Making a Will or Not Changing the Beneficiaries on Insurance Policies after Your Divorce — You have just spent a lot of time and money to divide up your assets with your spouse.

You've probably also changed the names of the beneficiaries on insurance policies and pension benefits.

You can name as many beneficiaries on life insurance policies as you wish, and specify how the proceeds will be divided.

Protective's policy holder services are in place to service their existing clients» needs including updating any payment information, addresses, and beneficiaries on your policy.

Some riders allow additional payouts to beneficiaries on account of accidental death of the insured.

This means that no federal income tax will be due from the beneficiaries on the amount of these proceeds.

All you need to do is name your beneficiaries on your policy.

A: Most policies list the beneficiaries on the application copy, located in the back of the policy.

If not, the beneficiaries on the assets will supercede the trust designations.

A life insurance contract is an agreement to pay your beneficiaries on your death.

If you die during your policy term and you have been paying your premiums, the named beneficiaries on your policy will receive a payout.

I want to list my spouse and children as beneficiaries on my life insurance policy.

LIC Varishtha Pension Bima and Yojana can also be described as a life annuity with return of premium as the entire purchase price is returned to the beneficiaries on demise of the pensioner.

It's also not a bad idea to review your beneficiaries on not only your life insurance policy but your will as well, since you'll now have more people who will potentially benefit from being in those documents.

However some states may require separating spouses to buy life insurance naming their exes as beneficiaries on the death benefit to ensure their child (ren) are provided for no matter the outcome.

Therefore, the intent of life insurance is to provide financial benefit to those listed as beneficiaries on the life insurance policy.

Can you have more than one life insurance policy out on a person because the other siblings want to take out a policy where all the siblings are included as beneficiaries on the life insurance?

Their US customer care number is 1-800-828-1540, we're sure they will be able to point you in the right direction with regards to changing beneficiaries on a Canadian life insurance policy.

In contrast, a standard term life insurance policy pays your policy amount to beneficiaries on death.

Typically, the primary breadwinner in the family will purchase life insurance and list their spouse and their children (if they have any) as beneficiaries on the policy.

A life insurance policy will pay designated beneficiaries on the death of a covered individual.

Minor children may not own other people's adult term life insurance policies; however, they may remain as beneficiaries on the policy.

Get ready with a copy of the policy of the principal which specifically states that you are one of the beneficiaries on record.

Not only that, since beneficiaries on a life insurance policy can be changed anytime, in future the spouse can be benefitted because of the presence of life insurance plan that will continue covering the insured.

If you have children together, you might consider putting the children down as beneficiaries on the policy, and telling him so, to get his cooperation.

The states sued the insurance companies and they've made some agreements so, that life insurance companies are going to make more of an effort to find the beneficiaries on policies by looking up death records in states, versus social security numbers; so that people can actually get the death benefits they are suppose to.

If there are two contingent beneficiaries on life insurance policy can one file for his share or do both have to file to receive benefits?

If you pass away during this period of time, the person or people who you have named as beneficiaries on this policy may receive death benefits.

My father passed away and put all 8 of his children as the beneficiaries on his policy how will the insurance company distribute the remaining balance on his policy

As many of us look back at the important events — especially with the ongoing changes in our lives, it is a great opportunity to review the beneficiaries on our personal life insurance policies (and other similar policies such as critical illness, disability, and more) to ensure these policies respond in accordance to our intentions.

Knowing this, it is important that policyholders should take into careful consideration their existing beneficiaries and contingent beneficiaries on their personal life insurance policies (and again, other similar policies).

Some people love their pets so much that they name them as beneficiaries on their life insurance policies.

It might be time to change beneficiaries on your 401k, IRA, life insurance policies, and to update your will and powers of attorney and appoint a new executor.

And they've also listed one another as beneficiaries on their life insurance policies.

In the event of divorce, timely decisions should be made regarding the beneficiaries on your life policy.

It's smart to review your beneficiaries on an annual basis.

This would be a good time to update your beneficiaries on your life insurance policy.

You may name 1 or more beneficiaries on a life insurance policy.

Oftentimes, people are too caught up in the divorce proceedings to remember to change the beneficiaries on their life insurance policies.

For instance, if three sons, all with families, are named beneficiaries on a per capita basis, and one dies, the deceased son's family receives no proceeds.

Some events including marriage, birth of a child and divorce may alert you to the need to update the beneficiaries on your life insurance policy.

Accidental and non-health-related deaths pay 100 % of the death benefit coverage amount to beneficiaries on day 1.

Your children are named as the beneficiaries on your life insurance policy.

In the trust and estate administration area, our attorneys advise trustees, executors and beneficiaries on matters such as the interpretation of documents, tax issues (including the preparation of gift and estate tax returns), and disagreements between beneficiaries and fiduciaries.

While a will offers a way to ensure your assets pass to your chosen beneficiaries on death, not everyone dies with a will.

The Act states that «it is not a defense that the death was caused in whole or in part by the contributory negligence of one or more of the beneficiaries on behalf of whom the action is brought, but the amount of damages given shall be reduced...» 740 ILCS 180/2 (g).

Automatic Orders seek to preserve the status quo while the action is pending, by prohibiting the transfer or encumbrance of real and personal property and retirement funds, the accumulation of unreasonable debt, and changes in beneficiaries on existing health and life insurance policies.