Sentences with phrase «cover increased living expenses»

If your house is uninhabitable after a roof collapse, the additional living expense coverage in a homeowners insurance policy may help cover increased living expenses, such as hotel bills, while your home is being repaired.

Not exact matches

Rather than looking to emulate the English model of the 1990s, the U.S. might instead consider emulating some key features of the modern English system that have helped moderate the impact of rising tuition, such as deferring all tuition fees until after graduation, increasing students» ability to cover living expenses, and automatically enrolling all graduates in an income - contingent loan repayment system that minimizes both paperwork hassle and the risk of default.
Rather than looking to emulate the English model of the 1990s, the U.S. might instead consider emulating some key features of the modern English system that have helped moderate the impact of rising tuition, such as deferring all tuition fees until after graduation, increasing liquidity available to students to cover living expenses, and automatically enrolling all graduates in an income - contingent loan repayment system that minimizes both paperwork hassle and the risk of default.
After all, if you're really able to cover your annual living expenses by drawing roughly 3 % ($ 81,000 in your case) from your nest egg and then increasing that amount each year by the inflation rate to maintain purchasing power, there's a high likelihood your nest egg will be able to support you for upwards of 40 years.
Once again, if you realize that the loans you've taken out won't cover your living expenses, you can close that gap through reduced expenses and increased income.
Coverage for increased living expenses if you're living away from home due to a covered loss — includes theft of personal property in your temporary residence
A savings plan that provides increasing income every year ensuring that the rising expenses are taken care of and Life Insurance coverage in case of an unfortunate event to keep your family covered even in the worst eventuality.
Renters insurance may also help pay for increased living expenses, such as if you have to temporarily relocate if your rented home becomes uninhabitable due to a covered loss.
Either they exhaust Federal loan limits due to their school's cost, they need more funds to cover living expenses while attending school, or they need more time to complete their education (which increases cost).
If you find it difficult to cover your living expenses, increasing your income can provide extra cash that you need to fill your savings account.
Additional living expenses coverage may help cover the reasonable increase in living expenses, such as the cost of hotel stays and food, after a fire or other covered loss.
Additional living expenses coverage may help cover the reasonable increase in living expenses, such as the cost of hotel stays and food, after a fire or other covered loss.
Finally, coverage for additional living expenses may help pay for temporary housing and certain other increased costs, such as restaurant bills, if your rented home becomes uninhabitable due to a covered peril.
Additional Living Expenses coverage can help reimburse you for reasonable increases in living expenses, including payments for the cost of a hotel, food and other expenses you incur as a result of the coveredLiving Expenses coverage can help reimburse you for reasonable increases in living expenses, including payments for the cost of a hotel, food and other expenses you incur as a result of the coverExpenses coverage can help reimburse you for reasonable increases in living expenses, including payments for the cost of a hotel, food and other expenses you incur as a result of the coveredliving expenses, including payments for the cost of a hotel, food and other expenses you incur as a result of the coverexpenses, including payments for the cost of a hotel, food and other expenses you incur as a result of the coverexpenses you incur as a result of the covered loss.
Renters insurance may also help pay for increased living expenses, such as if you have to temporarily relocate if your rented home becomes uninhabitable due to a covered loss.
Cost — of — Living Adjustment (COLA)-- A wage adjustment that covers the increase in general expenses.
With uncertainty over the future of Social Security in the current White House cabinet, and an increasing strain on the system by aging Baby Boomers, a more prudent approach is to think of Social Security as an insufficient means of covering your retirement living expenses on its own.
Also, if your rented home ever needs serious repairs, and you're unable to live there, it also covers the reasonable and necessary increase in living expenses (housing, food, etc.) you may incur.
Your renter's insurance policy will pay for the «reasonable and necessary increase in living expenses (housing, food, etc.) you incur to maintain your normal standard of living until your home is repaired or until you permanently relocate after a covered loss.»
Additional living expense coverage will cover the necessary increase in cost to maintain your standard of living.
Your Renters policy will pay for the reasonable and necessary increase in living expenses (housing, food, etc.) you incur to maintain your normal standard of living while your residence is being repaired, or until you permanently relocate after a covered loss, subject to 12 or 24 months, depending on your policy type.
If you purchased additional living expenses coverage as part of your policy, and a covered loss makes your home uninhabitable, your policy will cover a reasonable increase in living costs to maintain your normal standard of living.
During the 2015 LIRMA survey, 51 % of the respondents said that the main reason for buying life insurance was to cover burial and other final expenses, an increase of 3 % in just four years.
After the first year of ownership, universal life policyholders have the option to increase, decrease or skip premium payments, so long as the cash value balance is sufficient to cover all policy expenses.
The coverage comes with a limit, which is the maximum dollar amount your policy will pay for increased living expenses after a covered loss.
Max Life Online Term Plan Life Cover + Increasing Monthly Income: It provides lump sum with growing monthly income to take care of rising living costs and expenses.
Renters insurance may also help pay your increased living expenses (which can keep you from schlepping home to Mom and Dad) if you temporarily have to live somewhere else while your place is being repaired due to a covered loss at your rental home or apartment.
This pension scheme is launched in the purview of the increasing life expectancy that needs a robust insurance cover while successfully meeting the financial expenses of daily lifestyle.
You can add coverage by endorsement / rider for things such as expensive personal items, identity theft protection or increased additional living expense limits should you have to move out of your apartment for repairs due to a covered loss.
The technical answer to what is loss of use coverage on Manhattan, NY renters insurance is «If a loss by a peril insured against under this policy to covered property or the building containing the property makes the residence premises not fit to live in, we cover at your choice either of the following:... any necessary increase in living expenses incurred by you so that your household can maintain its normal standard of living; or... the fair rental value of that part of the residence premises where you reside...»
With life insurance cover increasing every year at 5 % simple rate without any increase in the premium, your family can meet future expenses, while beating inflation
Reverse mortgages are expected to be an increasing option that baby boomers turn to as they age to cover living expenses, but heirs may get stuck with the final bill, The New York Times reports.
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