Sentences with phrase «case of lump sum payments»

Not exact matches

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

In this case, your bank will provide a lump - sum loan payment or extend a line of credit based on this amount.

This coverage provides a lump sum to repay outstanding payments in case of death or fatal illness.

Of course, this was not the case and the lump sum payments would end up in the hands of the scammeOf course, this was not the case and the lump sum payments would end up in the hands of the scammeof the scammer.

1) Bharti AXA Life Hospi Cash Rider (UIN: 130B007V02): This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

If all of your property was destroyed, as could be the case in a home fire, you will likely receive a lump - sum payment within the limit specified on your policy.

You hand over a lump sum to an insurer and begin receiving guaranteed monthly payments for the rest of your life immediately with an immediate annuity or, in the case of a longevity annuity, payments that start at later time, say, 10 or 15 years after you retire.

Hospi Cash Rider: - This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

In all common sense the present value of a loan is the value that you can pay in the present to avoid taking a loan, which in this case is the lump sum payment of $ 2495.

Get a lump - sum payment on top of your normal health plan coverage in case you're hospitalized due to an accident or illness.

The amount of these payments may be offset by a lump - sum insurance settlement (in the case of an accident), or by workers» compensation payments.

c) two Superior Court cases decided by Justice T.R. Lofchik in Cromwell V. Liberty Mutual Insurance Co. 3 and Vanderkop v. Personal Insurance Co. of Canada4 essentially concluding that lump sum payments pursuant to a settlement of a long term disability claim not specifically broken down do not constitute «a payment under any income continuation plan» in accordance with section 7 of the SABS, and consequently need not be deducted from an income replacement benefit that may be ongoing.

Lawyer negotiates $ 50,000 lump sum alimony payment to Wife despite claim of adultery during marriage in contentious divorce case.

Mr. MacLean succeeded in having the court use all of the companies pre-tax profits for the SSAG calculation based on BCCA law from the cases of Klukas and Teja, defeating the husband's spousal support claim that double dipping applied to BC spousal support and a lower BC spousal and BC child support payment should thus be paid, blocking any $ 350,000 cap argument where BC spousal support is not increased on high salaries above $ 350,000 per year and finally in having the child support portion of the order made retroactive so a large lump sum payment was received for the children's benefit.

In some cases, the beneficiary of a family income rider may choose a lump sum rather than receiving monthly payments.

In the majority of cases, a named beneficiary will receive the death benefits as a lump sum payment and these proceeds are not subject to income tax.

If the company Dennis worked for had a workers» compensation insurance plan in place, it would cover the cost of all medical procedures; in cases such as this, it would also pay out a lump sum payment for a permanent disfigurement.

For example, in case of death, the beneficiaries can opt for lump - sum payment or monthly payment for up to 10 years.

Lump sum payment to the quantum of 100 % of capital sum insured in case of job loss caused due to accident.

While auto insurance covers you in case, you get in an accident and health insurance covers your medical expenses if you go to the hospital, life insurance will provide your beneficiaries with a lump - sum payment in the event of your death.

If all of your property was destroyed, as could be the case in a home fire, you will likely receive a lump - sum payment within the limit specified on your policy.

In some cases, policyholders have a choice as to how the benefits are paid; they may receive either a lump - sum or periodic payments, depending upon the type of claim and benefit, but they are still entitled to any remaining cash value and death benefit in the policy.

Extra Life Option: Nominee receives a lump sum as well as an additional one - time payment in case of accidental death.

Bharti AXA Life Hospital Cash Rider - allows payment of a fixed benefit for each day of Hospitalization, and a lump sum payout in case of surgery

Shriram New Shri Raksha Plan: This plan pays a lump sum payment in case of unfortunate accidents that might lead to death and helps your family in clearing debts.

There are mortgage protection plans that can also pay your monthly mortgage payments instead of just one lump sum, in some cases you can be covered for up to 2 years.

ICICI Pru Cash Advantage: ICICI Pru Cash Advantage is a unique savings and protection focused plan offering guaranteed amount every month after the end of the premium payment term, a guaranteed lump sum amount on maturity, along with bonuses and life cover to take care of your loved one in case of your death.

The premium payment is annual for 30 years of the policy tenure In case of all the above 9 options, the death benefit amount will be paid in lump sum on diagnosis of terminal illness.

The benefit is that there will not be any lump sum payment due at the time of issue, as there will be with an original age policy in most cases.

Hospital Cash Rider — allows payment of a fixed benefit for each day of Hospitalization, and a lump sum payout in case of surgery

Though child insurance plans are varied in nature, what they all have in common is that in case of your unfortunate demise, your ward shall be paid a lump sum payment (death benefit), and the insurer continues to deposit money on your behalf in your ward's account under the» waiver of premium benefit».

In case, any of the mentioned Critical Illness occurs, the Benefit is paid to you as a Lump sum amount, as selected during the inception, heedless of the death benefit payout option you choose, subject to the policy being in function and the payment is made for all the due payments.

In deferred annuity, money is invested for some period before payments are made.It can be chosen by individuals who are working and still have some years of work before retirement.It may also come with a «life cover» which implies that in case of death of the policyholder, a lump sum amount is paid to the nominee.

This is because in case of one - time or annual premium payments, the insurance company saves on administrative costs and also gets a lump sum amount in advance for the full year, as opposed to the quarterly or monthly payment options.

This combo offers fiscal protection against the demise all through the lifetime of the insured with the proviso of payment of the lump sum amount at the termination of the term of the chosen policy in the case of his survival.

This combo offers financial protection aligned with demise during the term of the policy with the proviso of payment of lump sum at the end of the term of chosen policy in the case of survival of the policyholder.

In some policies of this type of joint life insurance, in case of one partner's death, the beneficiary may opt to receive either a lump sum or monthly payments for up to 10 years.

Policyholders have the option to commute 1/3 of their pension, in which case they will receive a lump sum payment equal to the amount thus commuted.

A pure term insurance plan that provides life Insurance cover to you by paying a lump sum benefit to your family in case of an unfortunate death.Choice of single or regular premium payments and an additional amount in case of an accidental death.

A normal ULIP terminates on payment of a lump sum amount in case of death of the policy holder.

Critical illness insurance provides a lump - sum payment in - case the policyholder is diagnosed of a health related condition of a serious nature.

Term insurance plans offer a lump sum payment of the death benefits to your family in case of your demise.

1) Bharti AXA Life Hospi Cash Rider (UIN: 130B007V02): This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

It pays a lump sum payment in case of unfortunate death helping... Read more

Bharti AXA Life Hospi Cash Rider: - This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

Hospi Cash Rider: - This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

It pays a lump sum payment in case of unfortunate death helping your family to take care of the financial loss occurred due to your unfortunate demise.

Option A — Life Protection Choose this option if you foresee a need for lump sum payment of large sum of money to your family in case you are not around.We offer differential rates for Smokers, Non-smokers and preferred rates for (Healthy) Non-smokers.

This combination provides financial protection against death during the policy term with the provision of payment of lump sum at the end of the selected policy term in case of his / her survival.

This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lump sum at the end of the selected policy term in case of his / her survival.