Sentences with phrase «card on a life insurance policy»

Before you swipe your card on a life insurance policy, make sure you understand what exclusions your policy will have.

Not exact matches

When you run the numbers (depending on your debt, of course) a term life insurance policy is a better investment than a credit card protection plan.

You need a life insurance policy that will cover outstanding balances, especially if a loved one is a co-responsible party on a loan, credit card, etc..

On most other credit cards, this benefit acts more like a life insurance policy — paying out in the event of death or dismemberment.

Even if there is no life insurance policy, you can charge the funeral costs on a 0 percent APR credit card with a 12 - to 15 - month promotional offer and take the year to pay off the balance.

For example, let's say you bought a life insurance policy online, paid your first month's premium with your credit card on March 1st, and printed out the policy.

By having a final expense life insurance policy in place, loved ones are much less likely to have to dip into savings, sell off other family assets, or worse yet, put these expenses on a high - interest credit card, putting them in long - term debt at an already difficult time in their lives.

You need to register online only once and you can visit insurer's website and check life insurance policy status on a daily basis if needed, you can even pay the premium online through net banking, credit card etc..

Funds that are in a permanent life insurance policy's cash value can be either borrowed or removed by the policy holder for any purpose, such as supplementing retirement income, paying off debt (typically higher interest debt such as credit card balances), purchasing a new vehicle, paying for a child or grandchild's college education, or for going on a long - awaited vacation.

Non-United States citizens or any visa holders (e.g. L / H / B1, B2, etc.) as well as person on Green Card living outside of the U.S. can also purchase the plan for temporary coverage in the U.S.. For someone below 65 years of age, coverage must begin within 6 months of arrival in the U.S. and for someone 65 years of age and older, coverage must begin within 30 days of arrival in the U.S. (restriction waived with proof of previous valid insurance within 30 days of the policy start date).

Repaying the principal of a mortgage doesn't have tax consequences, repaying the balance on a credit card doesn't have tax consequences, and repaying a personal loan for which a life insurance policy is collateral doesn't trigger any tax consequences either.

The mortgage was only $ 300,000 (in Los Angeles that's considered cheap, since the median house sales price is now around $ 700,000), but I decided on a $ 500,000 term life insurance policy because I had additional debts like student loans and credit cards that I wanted to make sure would be taken care of.

I have a $ 150,000 term life insurance policy, would like to borrow on it to pay off credit cards, the policy is with Primerica Llife insurance policy, would like to borrow on it to pay off credit cards, the policy is with Primerica LifeLife.

A Davie renters insurance policy can protect just your belongings, or you can buy a policy that would protect additional items stored offsite, unauthorized credit card purchases, or even add a liability policy that would protect you in the event of a family member not living with you getting injured on the property.

Credit card receipts are also possible, and if the policy was paid in full there may be regular statements, such as dividend or performance notices issued on permanent life insurance accounts.