Sentences with phrase «cover immediate expenses»

A term life policy protects your loved ones in the event that you pass away, providing a death benefit (a payment) designed to cover immediate expenses by replacing your lost income.

Often builds equity — or a cash value — that you can use as collateral for a loan or withdraw to cover immediate expenses.

The average cost of a very basic funeral in the U.S. is $ 7,181.1 If you haven't set aside the funds to cover these immediate expenses — as well as any outstanding medical bills you may leave behind — factor funeral and other final costs into your life insurance needs.

The money from a life insurance policy can be used to cover immediate expenses, regular expenses, or even more long - term goals, like a college education for children.

If you're entitled to a claim after a rollover accident, an insurance company's settlement offer may only cover your immediate expenses.

I cover the basics like the limitation periods and the kinds of financial assistance that may be available to cover immediate expenses.

Some are designed to give you cash to cover an immediate expense.

Travel Guard covered our immediate expenses and we didn't miss a beat from the beginning of our vacation.

Not exact matches

The costs associated with losing a limb can be particularly high as you not only have to pay for the immediate hospital expenses, but may also have to cover physical therapy, a prosthetic, and income while you're out of work.

Are you able to accumulate an immediate safety net (cash on hand covering expenses for at least six months)?

If, on the other hand, your Social Security and any pension payments fall well short of covering your essential expenses, then you might want to consider closing or narrowing that gap by devoting some, but not all, of your nest egg to an immediate annuity that can generate additional lifetime income.

If those sources alone aren't enough to pay most or all your essential expenses, you may want to consider devoting a portion of your nest egg to an immediate annuity to cover of the shortfall.

If you want the guaranteed income to begin soon — say, to pay for essential living expenses beyond what income from Social Security alone will cover — then an immediate annuity would be a better way to go (although you may still want to hold off a bit to get a better handle on what your actual expenses will be after you retire).

Take the amount of money your family will need to cover any expenses — whether it's immediate cost of living expenses, long - term plans like paying off a mortgage, one - time big expenses like college tuition, and / or funding your partner's retirement — and that's the amount that you'll need to have on hand to be self - insured.

First of all, additional living expense coverage kicks in to cover the immediate need for a place for your family to sleep.

If the amount of guaranteed income you'll receive from Social Security and any pensions is enough to cover all or most of your basic living expenses in retirement, then you may not need an immediate annuity.

The costs associated with losing a limb can be particularly high as you not only have to pay for the immediate hospital expenses, but may also have to cover physical therapy, a prosthetic, and income while you're out of work.

The clients that we typically work with (working - age people with families, student loans and mortgages) can normally cover their immediate financial obligations through term coverage, and are able to deal with final expenses after retirement effectively by putting a dedicated savings plan into effect.

You might need immediate cash, for example, to cover a major expense.

Indeed, if Social Security (which is also essentially an annuity) is enough to cover all or most of your living expenses, you may not need an immediate annuity at all.

This immediate cash source can help pay final expenses, cover outstanding debts, and help ensure business continuation.

Upon your death, all your family may need is the readily available cash to pay for funeral, burial, and estate taxes - immediate expenses that could be covered by final expense life insurance.

Employees are automatically considered to have an immediate need if they require the money to cover certain medical care expenses, educational costs and payments needed to prevent eviction from a principal residence, as well as other conditions deemed necessary for hardship distributions by the IRS.

But if your Social Security payments fall well short of providing you with sufficient assured income to cover basic expenses — or, if you just prefer the emotional comfort of having a larger cushion of guaranteed income — then you may want to consider devoting a portion of your savings to an immediate annuity.

Perhaps the biggest reason people want an advance on their paycheck is to cover bills and other immediate expenses.

The cover - the - basics approach aims to match your fixed expenses with fixed sources of income, such as Social Security, pensions and immediate annuities.

General obligation bonds, issued to raise immediate capital to cover expenses, are supported by the taxing power of the issuer.

Cash accounts are used to provide liquidity to pay bills, meet immediate cash needs, and provide emergency funds covering up to 6 months in living expenses.

A couple of possibilities include, reducing your withdrawal rate and another is to have purchased a single premium immediate annuity so you have a predictable amount of income that covers for example, you life essential expenses.

If you want to get a card to cover some immediate travel expenses, you should consider the more expensive Venture Rewards card.

If something goes really, really wrong on a trip, the card will cover up to $ 2,500 in medical expenses for you or immediate family with you on the trip, and up to $ 100,000 in emergency evacuation expenses.

While homeowners insurance covered the cost, the claim wasn't processed instantly, so Raveneau - Bey had to find a way to finance the immediate expenses.

The LFTA would also help rein in lawsuit lending, where lenders provide «up - front» cash to individual plaintiffs to cover immediate living or medical expenses during litigation.

Lawsuit lending is a financial practice that provides «up - front» cash to individual plaintiffs to cover immediate living or medical expenses during litigation.

Depending on your financial needs, you may choose a benefit that only covers funeral expenses and any immediate debt that you might owe.

Emergency Benefits cover the expenses for sending an injured or sick person home or transporting him / her to a spot where immediate medical care is available.

Upon your death, all your family may need is the readily available cash to pay for funeral, burial, and estate taxes - immediate expenses that could be covered by final expense life insurance.

If you were to die tomorrow, would your family have the immediate funds to cover your final expenses?

If you die prematurely, it's your life insurance that can provide your dependents with the ongoing income they'll need to live on when your income ceases to exist, as well as immediate funds to cover your final expenses.

These covers not only take a long term view and look after future expenses, they also help the family to meet the immediate expenses like repatriation costs, funeral expenses, etc..

That's useful if he or she has any immediate expenses to cover, like your funeral or mortgage payments.

Insurance helps with that, but for immediate expenses that you need covered in a pinch, an emergency fund is much more useful.

But in a nutshell, it means you and the other party will be covered for immediate expenses, such as medical attention or lost wages, while the insurance companies arm - wrestle about who will pay for the accident itself.

This immediate cash source can help pay final expenses, cover outstanding debts, and help ensure business continuation.

The plan will pay Covered Expenses incurred up to the maximum stated in the Schedule of Benefits if any covered Injury or Illness commences during the Period of Coverage and results in Your Medically Necessary Emergency Medical Evacuation or Repatriation (Your medical condition warrants immediate transportation from the medical facility where You are located to the nearest adequate medical facility where medical Treatment can be obtCovered Expenses incurred up to the maximum stated in the Schedule of Benefits if any covered Injury or Illness commences during the Period of Coverage and results in Your Medically Necessary Emergency Medical Evacuation or Repatriation (Your medical condition warrants immediate transportation from the medical facility where You are located to the nearest adequate medical facility where medical Treatment can be obtcovered Injury or Illness commences during the Period of Coverage and results in Your Medically Necessary Emergency Medical Evacuation or Repatriation (Your medical condition warrants immediate transportation from the medical facility where You are located to the nearest adequate medical facility where medical Treatment can be obtained).

Policy benefits can be used to cover a home mortgage, college tuition, vehicles, debt and other liabilities while also providing immediate and reliable tax - free funds for a loved one's living expenses.

Emergency evacuation insurance covers expenses necessary for providing you with immediate medical care and to transport you to the nearest medical facility in case of an emergency.

The clients that we typically work with (working - age people with families, student loans and mortgages) can normally cover their immediate financial obligations through term coverage, and are able to deal with final expenses after retirement effectively by putting a dedicated savings plan into effect.

It is just meant to cover the expenses and short - term debts in the immediate aftermath of your death.

To figure that out, you need to do what you did the first time you bought life insurance: map out your expenses, both immediate and future, and calculate how much money your family would need to continue covering them without your income.