Sentences with phrase «by a life insurance settlement»

The only downside is you won't always find a buyer and the process of being evaluated by a life insurance settlement company can take several weeks.

The only downside is you won't always find a buyer and the process of being evaluated by a life insurance settlement company can take several weeks.

The only downside is you won't always find a buyer and the process of being evaluated by a life insurance settlement company can take several weeks.

Not exact matches

Commuted Settlement Should immediate liquidity of remaining cash value be desired by the owner or a lump sum death benefit be desired by the beneficiary (ies), Bankers Life Insurance Company is willing to process a commuted Settlement Should immediate liquidity of remaining cash value be desired by the owner or a lump sum death benefit be desired by the beneficiary (ies), Bankers Life Insurance Company is willing to process a commuted settlementsettlement

You may face income and capital gains taxes if you decide to get rid of your policy through a life insurance settlement or by surrendering it to your insurer.

The right of a judgment debtor to accelerate payment of part or all of the death benefit or special surrender value under a life insurance policy, as authorized by paragraph one of subsection (a) of one thousand one hundred thirteen of the insurance law [* see below], or to enter into a viatical settlement pursuant to the provisions of article seventy - eight of the insurance law, is exempt from application to the satisfaction of a money judgment.

When you sell your life insurance policy, you do so by hiring a purchaser through a life settlement company.

Life insurance premiums are potentially on the rise because of stiffer reserve requirements set by the states, not because of life settlement activLife insurance premiums are potentially on the rise because of stiffer reserve requirements set by the states, not because of life settlement activlife settlement activity.

Liquidating their life insurance policy by taking the life settlement would also increase their chance of being able to file for Medicaid — all excellent reasons for taking a life settlement!

Acknowledgement of the transfer - of - ownership and release of the escrowed funds — when the transfer of the policy's ownership is completed and recorded by the insurance company, the insurer sends confirmation to the client and the life settlement provider (the new policy owner).

The remaining gain — the excess of the life settlement value over the cash surrender value, plus the addition gain triggered by subtracting out internal cost - of - insurance charges — is treated as a gain on property interest and is taxed at capital gains rates.

Claim settlement ratio is calculated on calculating the percentage of total number of claims settled from the total number of claims received by a life insurance company in a particular financial year.

According to the Life Insurance Settlement Association (LISA), «An astounding $ 100 billion + in face value of life insurance is lapsed or voluntarily surrendered each year by seniors over the age of 65.&raLife Insurance Settlement Association (LISA), «An astounding $ 100 billion + in face value of life insurance is lapsed or voluntarily surrendered each year by seniors over the age of 6Insurance Settlement Association (LISA), «An astounding $ 100 billion + in face value of life insurance is lapsed or voluntarily surrendered each year by seniors over the age of 65.&ralife insurance is lapsed or voluntarily surrendered each year by seniors over the age of 6insurance is lapsed or voluntarily surrendered each year by seniors over the age of 65.»

Negotiated a favorable settlement on behalf of a life insurance beneficiary for unfair claim settlement practices by life insurance company

Notable mandates: One of two negotiators for 50 Catholic entities parties to the Indian Residential School Settlement Class Action; lead counsel for Athabasca Potash Inc. during its IPO, and local counsel during its subsequent acquisition by BHP Billiton Canada Inc.; acted for Input Capital in a one - of - a-kind private placement of shares offering used to fund canola streaming contracts for farmers seeking capital; assisted Blake Cassels & Graydon LLP in the acquisition by the Great - West Life Insurance Co. of several shopping centres across Canada; involved in development of, and represents, Canadian Light Source Inc., the country's only national synchrotron research facility.

First policy is provided by Future Generali India Life Insurance Company Ltd. (Claim settlement ratio is 90.00 %) and second policy is provided by IDBI Federal Life Insurance (Claim settlement ratio is 72.00 %).

First policy is provided by Aviva India (Claim settlement ratio is 83.00 %) and second policy is provided by IDBI Federal Life Insurance (Claim settlement ratio is 72.00 %).

First policy is provided by IDBI Federal Life Insurance (Claim settlement ratio is 72.00 %) and second policy is provided by Kotak Life Insurance (Claim settlement ratio is 91.00 %).

A new report by the National Association of Insurance Commissioners (NAIC) Long - Term Care Subgroup includes life settlements among three options for paying for long - term care.

Fixed Period Option A life insurance proceeds settlement option whereby the number of payments is fixed by the policyowner.

No exam life insurance of this sort if particularly valuable for those required by the divorce court to buy life insurance as part of the divorce settlement.

Viatical settlement, arrangement by which a terminally ill patient's life - insurance policy is sold to provide funds while the insured (viator) is living.

Claim Settlement Turnaround Time — One thing that claim settlement ratio fails to take into account is the time taken by the life insurance company to settlSettlement Turnaround Time — One thing that claim settlement ratio fails to take into account is the time taken by the life insurance company to settlsettlement ratio fails to take into account is the time taken by the life insurance company to settle a claim.

A life settlement is the purchase of a life insurance policy by a third party as an investment.

A life settlement is the sale of a life insurance policy by a policy owner who no longer wants or needs his or her policy.

Quick Tips to Consider Before You Sell Your Life Insurance Policy Fraud Commissions Consider Your Options A life settlement is the sale of a life insurance policy by a policy owner who no longer wants or needs his or her polLife Insurance Policy Fraud Commissions Consider Your Options A life settlement is the sale of a life insurance policy by a policy owner who no longer wants or needs his or heInsurance Policy Fraud Commissions Consider Your Options A life settlement is the sale of a life insurance policy by a policy owner who no longer wants or needs his or her pollife settlement is the sale of a life insurance policy by a policy owner who no longer wants or needs his or her pollife insurance policy by a policy owner who no longer wants or needs his or heinsurance policy by a policy owner who no longer wants or needs his or her policy.

Life settlements are often pooled together and owned by institutional investors, like banks or insurance companies, although some are owned by individuals.

The claims settlement practices of the insurance company are governed by the laws of the state you live.

That's because the profits from a life insurance policy can be used for a multitude of things, including the settlement of debt by survivors, ongoing payment of everyday bills by a spouse and other dependents, and / or for paying one's funeral and other financial expenses.

Candidates for life settlements are typically aged 70 or older, with a life insurance policy that has a death benefit of more than $ 100,000, although policies of all sizes owned by seniors of all ages may be sold if there are health problems involved.

By going with the joint and survivor income annuity life insurance settlement option, you and another individual, such as a spouse or partner, can receive an income stream that is also in the form of an annuity.

Death Claim settlement for Individual refers to the numbers of Life Insurance claims which were filed due to the death of any individual and are settled by the insuranceInsurance claims which were filed due to the death of any individual and are settled by the insuranceinsurance company.

Term Life Insurance for Divorce Decree — Settlement In almost all cases the type of life insurance policy that is required bLife Insurance for Divorce Decree — Settlement In almost all cases the type of life insurance policy that is requiInsurance for Divorce Decree — Settlement In almost all cases the type of life insurance policy that is required blife insurance policy that is requiinsurance policy that is required by...

Claim Settlement Ratio -LCB- Also Check Individual Death claim Settlement ratio for 2013 - 14 -RCB- is a ratio of claims settled by any Life Insurance Company out of the total claims submitted.

Kotak Life Insurance Company offers excellent on time claim settlement process with the claim ratio of 92.59 % (as stated by IRDA for 2016 - 17).

1) Kotak with claim settlement ratio of 92 % and good solvency ratio and premium of rs. 11736 Kotak has a consistent claim settlement ratio of above 90 % for 3 consecutive years 2) PNB metlife with similar claim settlement ratio of Kotak and same premium of rs. 11781 PNB is a big nationalised bank and Metlife is one of the largest insurance companies in the world 3) Aegon life with claim settlement ratio of 89 % and premium of rs. 11172 Aegon is in partnership with bennett coleman company which is a times group company Aegon doesn't have a very good claim settlement ratio in the past but by paying an additional premium of 500rs you can get a waiver of future premiums on discovery of critical illness.

It is also important to consider the claim settlement information of all the companies supported by the IRDA to get more knowledge about the life insurance companies.

Finally, there is the option to sell your insurance policy to a life settlement company who will give you cash for your policy — possibly even more cash than you would get by canceling — and then they would keep the policy and continue paying the premiums, collecting the death benefit when you die

The company offers not only range of products but ensures hassle - free and quick claim settlement service, and by doing so, it has become one of the leading life insurance companies of India.

Claim Settlement Ratio -LCB- Also Check Individual Death claim Settlement ratio for 2013 - 14 -RCB- is a ratio of claims settled by any Life Insurance Company out...

First policy is provided by Edelweiss Tokio Life Insurance (Claim settlement ratio is 57.00 %) and second policy is provided by IDBI Federal Life Insurance (Claim settlement ratio is 72.00 %).

The life settlement business is commonly regulated by the state's insurance department or the securities commissioner, but it is still good practice to ask the company if it's licensed.

First policy is provided by Shriram Life Insurance Company (Claim settlement ratio is 67.00 %) and second policy is provided by TATA AIA Life (Claim settlement ratio is 95.00 %).

First policy is provided by Future Generali India Life Insurance Company Ltd. (Claim settlement ratio is 84.00 %) and second policy is provided by Canara HSBC Life Insurance (Claim settlement ratio is 90.00 %).

Star Union Dia - ichi life insurance company has received many awards including as the Best Life Insurance Company in Private Sector and Company with highest claim settlement by ABP news BFSI awards in 2life insurance company has received many awards including as the Best Life Insurance Company in Private Sector and Company with highest claim settlement by ABP news BFSI awardsinsurance company has received many awards including as the Best Life Insurance Company in Private Sector and Company with highest claim settlement by ABP news BFSI awards in 2Life Insurance Company in Private Sector and Company with highest claim settlement by ABP news BFSI awardsInsurance Company in Private Sector and Company with highest claim settlement by ABP news BFSI awards in 2015.

Nominee is the person nominated by the policyholder to receive the benefit under a life insurance policy during settlement of claim.

First policy is provided by Bajaj Allianz Life Insurance (Claim settlement ratio is 92.00 %) and second policy is provided by Canara HSBC Life Insurance (Claim settlement ratio is 90.00 %).

This rank is based on the claim settlement percentage attained by Bajaj Allianz Life Insurance Co. in the respective financial years.

This rank is based on the claim settlement percentage attained by Star Union Life Insurance Co. in the respective financial years.

This rank is based on the claim settlement percentage attained by Aviva Life Insurance Co. in the respective financial years.