Sentences with phrase «charge of their life insurance»

Meaning, they are taking charge of their life insurance needs by conducting research, obtaining quotes and ultimately securing coverage — all online.

Not exact matches

Before purchasing a variable universal life insurance policy, you should carefully consider the investment objectives, risks, charges, and expenses of the policy and its underlying investment choices.

When comparing two separate term life insurance policies, you may notice that — even with the same exact coverage amounts of each of the policies — the amount of premium that is charged to the policyholder could be quite a bit different.

They've impacted how insurance companies decide who to cover and how much to charge — some people can't get insured now if they're on flood plains or if they live in the path of a likely forest fire.

BOSTON — January 16, 2018 — GE (NYSE: GE) announced today that the comprehensive review and reserve testing for GE Capital's run - off insurance portfolio, North American Life & Health (NALH), will result in an after - tax GAAP charge of $ 6.2 billion for the fourth quarter of 2017, and GE Capital expects to make statutory reserve contributions of ~ $ 15 billion over seven years.

Charges add up while the cost of living constantly rises, from higher bank fees and insurance premiums to rising property taxes and commodity and food prices.

The FHA charges upfront mortgage insurance premiums as well as annual premiums, and some FHA loans require that these premiums are paid for the life of the loan.

Of 118 charges, the judge dismissed all but three: not giving some employees enough work, improperly canceling life insurance policies, and improperly renting out cafeterias at the library.

Under terms of the Patient Protection and Affordable Care Act (ACA), health insurance companies can no longer refuse to provide health coverage to living kidney donors or charge them a higher rate.

A surrender charge is a hold back amount that an insurer charges against the cash values of a life insurance policy for the first 8 to 10 years, if funds are withdrawn early.

In addition to the interest rate, the APR factors in other finance charges such as, certain loan fees, and mortgage insurance premiums, if applicable, to show the total cost of financing over the scheduled life of the loan.

In the current investing environment, the lion's share of the sales charge is paid to the investment company or life insurance carrier offering access to the investment.

Unfortunately, for those who made the minimum FHA down payment of 3.5 %, paying for mortgage insurance for the life of the loan is a necessary service charge for taking out an FHA mortgage.

Pet Life Cover Pet Insurance is committed to charging the right price for the right risk — so you would not be subsidising the premiums of owners with higher risk pets in more expensive areas.

Lifetime limits are now illegal and as of 2014, it will likely be illegal for insurance companies to deny coverage or charge exorbitant premiums to people living with pre-existing conditions.

Some universal life plans have escalating costs of insurance charges that make the plan very expensive to continue in the later years.

The main distinction is that FHA loans charge both upfront and monthly mortgage insurance premiums, often for the life of the loan.

Surrender charges exist on life insurance policies to allow insurers to recover the cost of the commission that they have not amortized.

It has been argued over the years by insurance firms that mortality fees should not be taken into account as such charges are meant for provision of life coverage to the holder of the policy.

Also, you will be charged an annual Mortgage Insurance Premium («MIP») that equals 1.25 percent of the mortgage balance over the life of the loan.

With no surrender charges, this is a fantastic option for anyone considering life insurance, who wants to make use of money earning next to nothing sitting in a bank.

There are fees and charges associated with variable universal life policies, including cost of insurance charges, surrender charges, administrative and investment management fees, mortality and expense risk charges, and charges for optional benefits.

In the initial years, the life insurance company deducts lot of charges from premium amount, and then it invests the remaining amount in various financial securities (depending on the type of fund you choose).

While the insurance company does charge interest on your loan, because your remaining cash value continues to earn life insurance dividends, the adjusted interest rate on the loan can often be lower, sometimes much lower, than you would pay on a comparable personal loan from a bank, home equity line of credit, or by using a credit card.

Both annuities and life insurance contracts have expense charges that rely on assumptions of the future interest to be earned on contract funds.

As a result, private placement life insurance products generally have no surrender charges and the commissions range from 1 — 3 % which is much lower compared to the standard commission rates of most conventional public life insurance products.

The cash value held in a life insurance policy is determined by subtracting the cost of insurance and other charges levied by the insurance company from the total amount of premiums paid plus any interest or capital appreciation earned on the cash value.

Life insurance companies can handle high risk activities in one of two ways — either they can charge higher premiums, or they can decline the application altogether.

If the consumer credit transaction is scheduled to be repaid in substantially equal installments which include a portion of the amount financed, the amount of credit life insurance at any time shall not exceed the greater of the approximate unpaid balance of the debt, excluding unearned finance charges, if any, or the approximate unpaid scheduled balance of the debt, excluding unearned finance charges, if any, plus the amount of one scheduled payment.

Life insurance policy premiums are determined based upon what a life insurer must charge to provide for company expenses, overhead, profits, and the cost of the insurance company's anticipated losLife insurance policy premiums are determined based upon what a life insurer must charge to provide for company expenses, overhead, profits, and the cost of the insurance company's anticipated loslife insurer must charge to provide for company expenses, overhead, profits, and the cost of the insurance company's anticipated losses.

You would then have full life insurance coverage without having to pay any additional premiums, as long as the cash - value account balance remains sufficient to pay for the pure cost of insurance and any other expenses and charges.

There are fees and charges for variable life insurance, including a cost of insurance based on characteristics of the insured person such as gender, health and age.

Travel accident insurance — Pay for travel fare with the card and receive automatic insurance for loss of life or limb at no extra charge

One downside of employer - sponsored life insurance plans is that they have level premiums; that is, employees are charged the same rates, regardless of age or differences in lifestyle.

This material must be preceded or accompanied by prospectuses for the Brighthouse Shield Level Select ℠ 6 - Year Annuity, Brighthouse Shield Level Select ℠ 3 - Year Annuity, Brighthouse Shield Level Select ℠ Advisory Annuity, Brighthouse Shield Level 10 ℠ Annuity, and Brighthouse Shield Level 10 ℠ Advisory Annuity, issued by Brighthouse Life Insurance Company and, in New York only, by Brighthouse Life Insurance Company of NY, which contains information about the contract's features, risks, charges, and expenses.

If you are going to charge me some outrageous rate for this flood insurance or add it on to our mortgage you might as well forclose on us now so we can start looking to live somewhere else, OR sell this mortgage to another company and do yourself a favor by getting rid of us.

The Interest Plus annuity from Bankers Life Insurance Company is designed for the individual who desires a higher than average rate of return, but with the ability to access funds for any reason or amount — without incurring an excessive surrender charge.

Just like with other types of permanent life insurance policies, cash can be withdrawn or borrowed from the policy, however, an unpaid balance will be charged against the death benefit should the insured die prior to the money being repaid.

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of variable universal life insurance products.

Investors should carefully consider the investment objectives, risks, charges and expenses of the applicable variable universal life insurance policy and its underlying investment options before investing.

Fees and charges associated with variable life insurance include mortality and expense risk charges, cost of insurance charges, surrender charges, administrative fees, investment management fees and charges for optional benefits.

«Before you invest in a variable life insurance or variable annuity product, be sure that you fully understand how the product works, the risk of loss, and the applicable fees and surrender charges,» said Victoria Pawelski, an FDIC Policy Analyst.

When comparing two separate term life insurance policies, you may notice that — even with the same exact coverage amounts of each of the policies — the amount of premium that is charged to the policyholder could be quite a bit different.

The only other type of «investment product» that returns such poor investment performance; while sucking your money away like cancer running a vacuum cleaner - with their never ending parade of loads, commissions, fees, expenses, and charges - is whole life insurance.

One of the criticisms of mutual life insurance company dividends is that the «overpaid premium» essentially means that they charged you too much during the year.

The annual rate of return is reset each year on December 1st by Brighthouse Life Insurance Company and will not go below a minimum of 2 % The minimum rate of return of 2 % is prior to any fees or charges payable to CollegeInvest, including an annual administrative fee not to exceed 0.99 %.

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.

Spay / neuter Microchip for permanent identification 30 days free ShelterCare pet insurance Rabies tag ($ 20 fee) Vaccinations Free vaccines for life for all cats adopted one year and older Member Patriot exclusive: no charge dog and cat adoptions (adopter responsible for cost of county tag only)

Travel accident insurance — Pay for travel fare with the card and receive automatic insurance for loss of life or limb at no extra charge

«If we had never created the National Flood Insurance Program (NFIP), the private market would be charging much higher premiums and it would be much more of a deterrent for people living in these places,» says Eileen Fretz, director of flood management at the non-profit, American Rivers.