Sentences with phrase «beneficiary of one's choice»

Term policies are fairly simple; the policy pays out to your beneficiary or beneficiaries of choice if you die while your policy is inforce.

Within this context, it stretches the imagination to believe that improving the well - being of poor children (the professed beneficiaries of choice programs) is the administration's motive for seeking a $ 158 million increase in charter school grants, a new $ 250 million program to research private school vouchers, and a $ 1 billion public school choice program under Title I.

Term policies are fairly simple; the policy pays out to your beneficiary or beneficiaries of choice if you die while your policy is inforce.

And reformers should be sure that higher income families are among the beneficiaries of those choice programs so that their greater political power could be mobilized to more effectively fight to protect and expand programs.

You, the employee, can select a beneficiary of your choice.

Death benefit funds will be paid directly to the beneficiary of your choice federal income - tax free

You pay small amounts at monthly intervals, so that when you die, a beneficiary of your choice gets a sum of money approximating what you would have earned had you stayed alive.

Here's a one - sentence summary: if you die unexpectedly, life insurance pays out a tax - free sum of money, called a death benefit, to the beneficiary of your choice.

If you die while your policy is in force, the insurer will pay out a death benefit to the beneficiary of your choice.

If you were to pass away before the end of the policy, the beneficiary of your choice will receive the death benefits.

Your final expense policy death benefit is paid to your beneficiary of choice tax - free.

The best mortgage protection fits in your budget today, protects your family, protects your home, and assures the insurance money is delivered to the beneficiaries of your choice when you die.

In this case, employees are able to name a beneficiary of their choice to receive the proceeds.

Like any life insurance policy, an annual renewable term plan will provide a death benefit to a beneficiary of your choice if something fatal happens to you.

We understand how important it is that you find the right type and amount of burial insurance and that you have the flexibility to name and to change the beneficiary of your choice.

The face amount is usually paid out income tax free to the beneficiary of your choice.

A life insurance policy in the state of Ohio is a legal contract that states that you (the insured) will pay a life insurance company a premium and the life insurance company will pay a death benefit to a beneficiary of your choice.

Often, an insured will choose a son or daughter, niece or nephew, or even a grandchild as their beneficiary of choice on their burial insurance policy.

With a collateral assignment, you also have an option of allocating the excess insurance coverage to a beneficiary of your choice like a child, spouse, business partner, or another family member.

With a collateral assignment, any life insurance coverage that exceeds the debt your policy was intended to insure is reallocated to a beneficiary of your choice.

This is the amount that a beneficiary of your choice would receive in the event that the worst were to happen during your trip.

Each annuity has a death benefit that will pass along to a beneficiary of your choice and should avoid probate.

With whole life coverage, the death benefit is paid to the beneficiary of your choice, upon your passing.

This type of permanent life insurance does not accrue a cash value or pay out to the beneficiaries of your choice.