Sentences with phrase «beneficiaries when»

With a living trust, your assets are managed for your benefit during your lifetime and then transferred to your beneficiaries when you die without court supervision.

Hi K. Marie Poe, excuse my ignorance but I'm confused on what exactly to do to contact such beneficiaries when probate is not the route they have taken to inherit and take title of the property.

They convert it when or if they need to and they are the beneficiaries when I die.

Why wouldn't they track down beneficiaries when it would seem to be a way for them to pay less money?

And like any type of life insurance, the benefit is also non-taxable when it is paid to your beneficiaries when you die.

This will cover you for a 20 - 30 year term, and provide a death benefit to your beneficiaries when you die.

While an AD&D insurance policy provides benefits to your beneficiaries when you die, your death must be caused by an accident.

Make sure you carefully consider any changes to your beneficiaries when you get divorced.

The loan can, and probably should, be repaid, but if it is not, it and the accrued interest will reduce the payment to the beneficiaries when the insured dies.

There are several types and sub categories of each type, and they usually pay a benefit to your beneficiaries when you die.

However, the primary purpose of these policies is still to pay out a death benefit to your beneficiaries when you pass away, and this benefit makes up a significant portion of the cost of buying a policy.

In most cases, whole life policies pay a tax - free death benefit to beneficiaries when the insured dies.

Any amount left over is paid out as a death benefit to the named beneficiaries when the policyholder passes away.

Another way of looking at it: You need to figure out what income you want to provide for your spouse or other beneficiaries when you die.

Like all life insurance policies, guaranteed issue life insurance pays out to beneficiaries when the policy owner dies.

Once you sign up, as long as you continue to pay your premium and meet the terms of the contract, the death benefit will be paid to your beneficiaries when you pass away.

Permanent life insurance policies agree to pay out a set amount of money tax - free to your beneficiaries when you die, called a «death benefit.»

Universal life insurance pays out a tax - free lump sum to your beneficiaries when you die, called a «death benefit.»

After all, this will ensure a smooth and hassle - free claim settlement to your beneficiaries when you aren't around.

You buy a policy that provides a compensation in the form of lump sum amount to your beneficiaries when you are gone.

The purpose of life insurance is to provide a very necessary financial payout to beneficiaries when they file a claim.

A life insurance policy pays tax - free cash benefits to beneficiaries when you die.

In part, life insurance is meant to provide payment to beneficiaries when an individual dies.

Once the life insurance policy is placed in the trust, the insured person no longer owns the policy, which will be managed by the trustee on behalf of the policy beneficiaries when the insured person dies.

Life insurance is a type of coverage that pays a lump sum of money to a deceased's beneficiaries when they die.

A policy owner identifies two tiers of beneficiaries when the insurance policy becomes a binding contract.

Your Beneficiaries When people think about life insurance, they generally envision how it will help those they leave behind.

Life insurance can be a source of financial security for your beneficiaries when you're gone.

The policy offers a death benefit, which is paid to the beneficiaries when the insured dies.

The main feature of a life insurance policy is the «death benefit,» or the amount of money your insurance company will give your beneficiaries when you die.

First, the amount you cash out reduces the benefit left for your beneficiaries when you die.

The rest will remain in the trust and go to your beneficiaries when you die.

When you buy life insurance, you're providing financial security to your beneficiaries when you die.

The applicant has any number of reasons to lie about their personal health, but they only wind up harming themselves or their beneficiaries when the applicant passes from the health condition.

For example, life insurance has the advantage of providing quick cash to beneficiaries when you die, unlike other parts of your estate that are tougher to turn into cash, like real estate, a business or artwork.

Both term and permanent policies allow you to select an amount of coverage in exchange for your premium payments over the life of the policy, providing a lump sum payment to your beneficiaries when you die.

Whole life insurance will pay out a set amount of money to your beneficiaries when you die, called a «death benefit.»

Apart from providing a lump sum of cash for your beneficiaries when you pass away, there are some other interesting ways to use your life insurance policy.

Whole life insurance is a kind of permanent life insurance policy — meaning it lasts your whole life — that eventually pays out a tax - free sum of cash to your beneficiaries when you die.

The policy will still pay out a death benefit to your beneficiaries when you die, but over time this death benefit is gradually replaced by the cash value.

Life insurance has a unique ability to create an immediate estate for your beneficiaries when you die, often for pennies on the dollar.

An annuity can pay money directly to your beneficiaries when you die, helping them avoid a lengthy probate process.

First, the basics: No matter what type of policy you have, its basic purpose is to pay a death benefit to the policy beneficiaries when the insured dies.

Variable life insurance pays a lump sum to your beneficiaries when you die, called a «death benefit.»

Life insurance has one basic purpose: to pay a death benefit to the policy beneficiaries when the insured dies.

A death benefit is simply paid out to the beneficiaries when the policyholder passes away.

You'll want to remember to update your beneficiaries when life events occur.

manacker, no I am pretty sure it is dangerous to some, and relative to that who cares about the beneficiaries when you put it in perspective.

Frequent flier miles may live on after death — Airlines often allow transfers of frequent flier miles to beneficiaries when a member dies, even if written policies are vague... (See Transfer miles)

The policy will still pay out a death benefit to your beneficiaries when you die, but over time this death benefit is gradually replaced by the cash value.