Sentences with phrase «business premium income»

New business premium income rose by 25 per cent to Rs 1,09,213 crore from Rs 87,006 crore in 2008 - 09.

New business premium income, however, declined to Rs 1,187 crore from Rs 1,536 crore in July - September 2007.

Despite the life insurance industry experiencing a slump of 5.84 % in revenues from selling new policies worth Rs. 1,13,140 crore in previous FY 14 - 15, AEGON Religare reported a 41 % increment in their new business premium income worth Rs 207.5 crore as compared to the earlier Rs 147 crore in FY 2013 - 2014 - as per the Life Insurance Council report.

Not exact matches

WellCare's net income rose more than $ 100 million in the third quarter of 2017 compared to the same time period last year thanks to stellar growth in its Medicare business and much lower - than - expected medical costs for its Medicaid plan holders relative to their premiums.

The two most common financial oversights entrepreneurs make are underestimating how many of their everyday expenses are being subsidized by their business — medical and life insurance premiums, club memberships, vehicles, travel and entertainment costs, etc. — and overestimating the amount of after - tax investment income that can be generated from the proceeds of the sale.

CBO's measure of before - tax comprehensive income includes all cash income (including non-taxable income not reported on tax returns, such as child support), taxes paid by businesses, [15] employees» contributions to 401 (k) retirement plans, and the estimated value of in - kind income received from various sources (such as food stamps, Medicare and Medicaid, and employer - paid health insurance premiums).

The way it works is that, each year, the insurer deduct all expenses, such as death benefits paid and the costs of running the business, from the money they've made (premiums collected, investments, and any other sources of income) and pays out any net profit as a dividend.

The medical loss ratio provision of the Affordable Care Act, or Obamacare, requires most insurance companies that cover individuals and small businesses to spend at least 80 percent of their premium income on health care claims and quality improvement.

You have certain types of income (such as business or farm self - employment income; unreported tips; dividends on insurance policies that exceed the total of all net premiums you paid for the contract; or income received as a partner, a shareholder in an S corporation, or a beneficiary of an estate or trust)

While sophisticated options traders like to sell puts in hopes of pocketing the premium income, novice traders should look at selling put options in order to create a way to buy shares in a business you like at a lower cost basis.

Executive budget provisions included; also under Article 9A: includes IRC § 951A (GILTI) income under definition of exempt CFC income; decouples from federal cap on business interest deduction; decouples from federal cap on deduction of FDIC premiums; makes same changes in NYC corporation tax.

«She is encouraged that the Congressional Budget Office says the American Health Care Act will lower premiums by 10 percent, reduce the federal deficit by $ 337 billion, and lower taxes by $ 883 billion, providing significant tax relief for middle - income families and small business owners.

Industry data shows the difference insurers make With: 9.4 million paid everyday over life, income protection and critical illness insurance in 2014 Over # 1bn in claims paid to households and business affected by the winter 2013/14 floods and storms And tracking of motor and household premiums

Employing over 275,000 people in the UK alone, the insurance industry is also one of this country's major exporters, with a fifth of its net premium income coming from overseas business.

Having your sole proprietorship or individually owned company pay your life insurance premiums so as to deduct these expenses from your business» taxable income would be just such an attempt and is therefore not legal.

It also continues its focus on increasing the taxable income coming out of small business corporations, and raises EI premiums in the same year that CPP premiums are expected to rise.

The way it works is that, each year, the insurer deduct all expenses, such as death benefits paid and the costs of running the business, from the money they've made (premiums collected, investments, and any other sources of income) and pays out any net profit as a dividend.

According to a Fraser Institute analysis, the increase in pension premiums, spread out over several years, «will more than wipe out the benefits» of the Trudeau government's key tax talking point, the famous middle - class income - tax cut that Finance Minister Bill Morneau keeps referring to as background justification for tightening tax rules for private corporations and small - businesses.

The key is if a business owner pays premiums on behalf of a key employee as part of an executive bonus plan, deferred compensation plan or split dollar plan, the premiums may be deductible if they are recognized as income to the employee.

If you sold a home or business or had a large bonus, it may have boosted your income in a prior tax year, and that can then result in increased Medicare Part B premiums a few years later.

Features * Liability limits up to $ 1 million * Business property protection up to $ 100,000 (with $ 250 deductible) * Optional coverage for money and securities * Electronic data processing coverage * Loss of income coverage * Optional Identity Fraud Expense Coverage * Premiums starting as low as $ 150 annually

The other thing I've noticed as I looked at the 10 year financial histories of these stocks is this: most of them are successfully growing their businesses (premium income seems to be steadily rising each year with most of them), and most of them are growing their book values.

Air pressure changes, allergies increase, Alps melting, anxiety, aggressive polar bears, algal blooms, Asthma, avalanches, billions of deaths, blackbirds stop singing, blizzards, blue mussels return, boredom, budget increases, building season extension, bushfires, business opportunities, business risks, butterflies move north, cannibalistic polar bears, cardiac arrest, Cholera, civil unrest, cloud increase, cloud stripping, methane emissions from plants, cold spells (Australia), computer models, conferences, coral bleaching, coral reefs grow, coral reefs shrink, cold spells, crumbling roads, buildings and sewage systems, damages equivalent to $ 200 billion, Dengue hemorrhagic fever, dermatitis, desert advance, desert life threatened, desert retreat, destruction of the environment, diarrhoea, disappearance of coastal cities, disaster for wine industry (US), Dolomites collapse, drought, drowning people, drowning polar bears, ducks and geese decline, dust bowl in the corn belt, early spring, earlier pollen season, earthquakes, Earth light dimming, Earth slowing down, Earth spinning out of control, Earth wobbling, El Nià ± o intensification, erosion, emerging infections, encephalitis,, Everest shrinking, evolution accelerating, expansion of university climate groups, extinctions (ladybirds, pandas, pikas, polar bears, gorillas, whales, frogs, toads, turtles, orang - utan, elephants, tigers, plants, salmon, trout, wild flowers, woodlice, penguins, a million species, half of all animal and plant species), experts muzzled, extreme changes to California, famine, farmers go under, figurehead sacked, fish catches drop, fish catches rise, fish stocks decline, five million illnesses, floods, Florida economic decline, food poisoning, footpath erosion, forest decline, forest expansion, frosts, fungi invasion, Garden of Eden wilts, glacial retreat, glacial growth, global cooling, glowing clouds, Gore omnipresence, Great Lakes drop, greening of the North, Gulf Stream failure, Hantavirus pulmonary syndrome, harvest increase, harvest shrinkage, hay fever epidemic, heat waves, hibernation ends too soon, hibernation ends too late, human fertility reduced, human health improvement, hurricanes, hydropower problems, hyperthermia deaths, ice sheet growth, ice sheet shrinkage, inclement weather, Inuit displacement, insurance premium rises, invasion of midges, islands sinking, itchier poison ivy, jellyfish explosion, Kew Gardens taxed, krill decline, landslides, landslides of ice at 140 mph, lawsuits increase, lawyers» income increased (surprise surprise!)

3) Advanced Market Life Insurance — This is a term used by life insurance agents to describe more complicated and high premium life insurance concepts for business and high income individuals.

United India Insurance Company has maintained its number one position in business in Kerala, collecting a premium income of Rs 536.95 crore for the financial year 2013 - 14.

Kotak Life Insurance is targeting Rs 3,500 crore of premium income in this financial year, of which about Rs 1,800 crore is being targeted from new business.

According to Suresh Agarwal, chief distribution officer at Kotak Life Insurance, western and southern regions contribute 30 % each to premium income with north and east giving about 20 % business each.

Although 2015 - 16 FY saw a volatile environment in business the insurance agents marked an incremental growth in premium income for the year.

Whether measured by premium income or by assets, traditional life insurance is no longer the primary business of many companies in the life / health insurance industry.

Under this proposed law, life insurance death benefits for business - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements are met.

SBI Life said the increase in net premium income was primarily due to increase in retail new business premium and also due to increase in renewal premium from retail business

They then invest those premiums in different investment pools to generate more income for the company to pay claims and fund business operations.

Future Group's general insurance arm is the larger business, as it had grown its premium income 53 per cent to Rs 938 crore during 2011 - 12 from Rs 612 crore collected in the previous financial year.

* Premiums paid by the master policyholder are tax deductible as business expense (section 37 of Income Tax Act, 1961) and are not taxable as a perquisite in the hands of the member.

However, the good news for business owners is that premiums on key man insurance paid by an employer may be deducted by the company if the premiums are charged to the insured as taxable income.

Posted in business life insurance, buy / sell life insurance, Infinite banking, insurance, life insurance, whole life Tagged business life insurance, CEO's, death benefit income tax free, Executive bonus plan, executives, fully tax deductible, infinite banking, insurance, key employees, life insurance, premium tax deductible as bonus, retirement, Section 162, selectivelly offered, supplement benefits, whole life

Posted in beneficiary, business life insurance, claim, death benefit, insurance, life insurance, life insurance non taxable Tagged insurance life insurance, life insurance check income tax free, life insurance proceeds subject to probate, life insurance proceeds to actual beneficiary, make a trust the beneficiary, mistake to deduct premium.

If the premiums for the policy were not deducted as a business expense then the income from the disability policy should be received tax free.

If you deducted life insurance premiums in your business from your tax return and now receive life insurance dividends you should reduce your current tax years life insurance premium tax deduction on your tax return by the amount of the life insurance dividends, or claim them as taxable income on your tax return.

72 Months Income Cover for [only salary / business / professional income considered and not rent, dividends, etc] Accidental Death Permanent Disability Permanent Partial Disability Compensation for temporary total disability 10 % family discount wide all india branch network all with very competetive premium rates and discounts on case to caseIncome Cover for [only salary / business / professional income considered and not rent, dividends, etc] Accidental Death Permanent Disability Permanent Partial Disability Compensation for temporary total disability 10 % family discount wide all india branch network all with very competetive premium rates and discounts on case to caseincome considered and not rent, dividends, etc] Accidental Death Permanent Disability Permanent Partial Disability Compensation for temporary total disability 10 % family discount wide all india branch network all with very competetive premium rates and discounts on case to case basis

«Some agents have a focus on incoming referrals and offer a premium to get the business,» he says.

Section 1031 exchanges contribute to the velocity of the economy by stimulating a broad spectrum of transactions ancillary to the actual exchange which, in turn, generate jobs and taxable income through business profits, wages, commissions, insurance premiums, financial services, and discretionary spending by gainfully employed workers.