Sentences with phrase «debt against the policy»

If the Insured dies by suicide within two years from the Issue Date (one year in ND), the only amount payable by Gerber Life will be the premiums paid for the policy less any debt against the policy.
If the insured dies by suicide within two years from the Issue Date, the only amount payable will be the premiums paid for the policy plus 10 %, less any debt against the policy.

Not exact matches

Empirical research shows that a buildup of household debt in the economy makes a financial crisis more probable, so we wanted to understand the costs and benefits of leaning against financial imbalances through tighter monetary policy.
There were also some hints that there could yet be more London Stadium arrivals during the transfer window although this was offset against a «One In One Out» policy and the need to «balance the books» with that old chestnut the # 100m debt once again rearing its head.
Ms Burrow also warned against the dangers of austerity: «Given a choice of economic policies, two - thirds of people support government action to invest in job creation to allow economies to grow and pay off debts compared with less than one in four who want debts paid off now by cutting back on government spending.»
Even though United Nations (UN) independent expert on foreign debt and human rights, Cephas Lumina had warned that the introduction of a second austerity package could constitute a serious violation against the Greeks» human rights, this did not stop the government from going forward (OHCHR, 2011) A massive wave of protests and riots full of anger and desperation erupted within the country condemning Papandreou's policies and the austerity measures.
Medical bills and the cost of defending against a suit like that from a health insurer or an uninsured guest can be astronomical, and the policy can cover these losses so that you don't have to start your marriage out deeply in debt by paying for someone else's drunken broken bone.
However, a closely related strategy would be to «front - load» your cash value, then borrow against your policy to pay off the debt.
To hold a to - be-forgiven loan debt against borrowers like me doesn't just constitute shady actuarial science, but it's unjust social policy.
When Prudential (US) went public, they securitized the business associated with their oldest policies, and issued debt against it.
This student is fighting back against the new Department of Education policy making it harder to get forgiveness of debt for loans used to get degrees from for - profit schools that lost accreditat...
* A new bill would exempt law firms from laws against abusive debt collection practices because some people don't think the legal profession is objectionable enough and maybe a policy carveout allowing them to send Rocko out to crack client heads might just do the trick.
It might be more convenient for the doctor in terms of collection of bad debt, insurance policy claims (where an insurance card would normally be required, at least), protection against fraud claims from an insurer, and medical record keeping to have a name, so a doctor might make it a policy to require ID, but it is not required by law (except where a government benefit provider like Medicaid or Medicare is involved and has a regulation requiring it).
The executor of the patient's estate challenged the transfer as being void against public policy (as a wager on life — in prior U.S. Supreme Court decisions, life insurance policies could only be assigned to cover debts and only up to the amount of the debt; anything over that amount was considered a wager and against public policy) since Dr. Grigsby did not have an insurable interest in the patient's life.
To safeguard against the liability of handing debt over to your survivors in death, the right life insurance policy can financially protect your family in the event your debts outweigh your assets.
Policyholders can either withdraw or borrow against the cash value of the policy for any reason, including paying off high - interest debt, supplementing income, or even taking a nice vacation.
How much cash value a whole life insurance policy can build depends on such factors as your age, how long you've owned the policy, the policy's coverage amount (death benefit), and whether there's any outstanding debt from loans against the policy.
If the insured policy owner passes away while there is outstanding debt leveraged against the whole life policy, then the difference will be subtracted from any future death benefit payments.
A term life insurance policy can help protect your family against the woes of debt if you were to pass away.
The reason term insurance is so inexpensive is that most policyholders outlive the term, convert the policy to permanent insurance, or simply cancel it when the debts they are insuring against have been paid.
However, if you are trapped in one, loan against the policy is one feature you can explore if you are looking for low cost debt.
But with Private Mortgage Insurance, lenders require you to buy a policy in order to protect them (the lenders) against the possibility that you will default on the debt.
Medical bills and the cost of defending against a suit like that from a health insurer or an uninsured guest can be astronomical, and the policy can cover these losses so that you don't have to start your marriage out deeply in debt by paying for someone else's drunken broken bone.
If you are taking a term insurance policy as a protection against loan and debts, then there is no need to go for staggered payment as in such situations, you need the sum assured at once not on a monthly basis.
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