Sentences with phrase «dependents financial well»
Many consumers do have life insurance to protect their dependents financial well - being, but in many cases no real thought or planning went into the design of their portfolio and there are many loose ends and shortcomings that can lead into problems down the road.
https://www.bestchoicelifeinsurance.com/ Not exact matches
And your ability to secure a loan and get favorable terms will be partly dependent on existing debt as well as other elements of your financial and business profile.
How successfully you are going to be when trading with binary options is in other words dependent on how well you can predict the movement of other financial instruments.
It is required that surrogates have no history of criminal activity, are not dependent on government assistance, and are in good financial standing overall.
Taurus woman is a sensual being, dependent on touch and emotional, as well as financial security.
When deciding how long you need the policy to be in place, consider how long your children will be dependent upon you as well as when other financial benefits that will help support your spouse will kick in.
What you will pay though will be dependent on your personal credit and financial situation, as well as interest rates fluctuations.
Cash value whole life insurance offers a contractual rate of return as well as likely dividends and additional growth that is not dependent upon the financial markets.
By the 407 refusing license plate renewals until the debt was paid in full they were refusing the financial relief these debtors needed in this challenging financial time in life as well as potentially preventing debtors from continuing to earn a living if their job is dependent on having a valid driver's license.
To begin with, ask your parents to consider taking one policy out each so that you as their child as well as your siblings and other dependents are assured of a financial cushion should they die prematurely.
And, well, the financial payoff for that solar hot water will be relatively quick (dependent on fuel prices, installation cost, etc, perhaps 5 - 8 years).
In cases of serious injury that cause a fatality, compensation may be awarded to those dependent on the deceased, for the loss of their financial, as well as things like expenses to cover funeral costs.
Financial Disclosure and Child Support Every parent has a legal duty to support their dependent children to the best of their ability.
Better to increase the attractiveness of legal services by enabling lawyers to provide related services accompanying their legal services, e.g., family law lawyers providing financial planning advice, and law firms providing accounting and tax advisory work, and litigation lawyers working with experts who improve and maintain their clients» electronic records management systems, because records are the most frequently used kind of evidence and are completely dependent on their records management systems for everything, particularly their «integrity» （ which is what the electronic records provisions of the Evidence Acts require be proved for admissibility; e.g., section 31.2 （ 1 ） （ a ） of the Canada Evidence Act - see: Ken Chasse, «Electronic Records as Evidence,» and the other «records as evidence» articles on «my SSRN authors page, for free download ） 。
Where there are dependent children, different calculations and projections are necessary, and there will be claims for loss of parental services and perhaps the cost of private childcare as well as for the loss of financial dependancy.
Your eligibility to pay or receive spousal support and the recommended amount payable are dependent upon your unique marriage and financial circumstances, federal and provincial guidelines, as well as specific rules, criteria, formulas and time limitations.
While many people think that only young families with dependent children are good candidates for this type of insurance coverage, the reality is that people of all ages could end up leaving loved one at risk for financial hardship.
Their income being lost to a sudden demise could easily become a financial tragedy to their family dependents well being.
Depending on your financial responsibilities and dependents, you'll want to explore the benefits of each to determine how to best protect what's important to you.
Many people feel that the only people who need life insurance coverage are those who have children and / or other dependents who rely on them for their financial support — and, in most instances, this primarily includes those who are young, as well as those who may be in their peak earning years.
If you have dependents and want to make sure they have financial security until a certain age, then term life insurance from Phoenix may be the best bet for you.
When choosing life insurance, consider your health and age, and the needs of your financial dependents to determine which policy is best suited for you.
While many young professionals may not realize the value of life insurance when they do not have any dependents relying on them for financial security, however early on is the best time to apply for term life insurance.
Term life is probably a better fit for you than permanent life insurance if: ⦁ You don't have any dependents who will need financial support for the rest of your life and beyond, such as a special needs child.
Should you die, the financial impact on your dependents is the loss of your income as well as the immediate expenses associated with your death.
Ideally, Insurance is a good fit for those who have financial dependents and liabilities.
If you have other financial obligations, such as a mortgage and dependents who are counting on you to pay for college, you're better off buying a standard term life or whole life policy in an amount that can cover family needs, including final expenses.
Life insurance is a good idea for anyone who has financial dependents.
There is really no better way to remove a huge financial burden from dependents / family members than to ensure that a perfectly tailored insurance policy is purchased at the right moment.
Term policies may be a good fit for parents or for spouses who want to ensure the financial security of their dependents during a critical time in their life, such as paying a mortgage or paying for a child's education.
The financial well being of the dependents could very well be at risk.
• Chronic Pain, mild - moderate, fully functional, one healthcare provider prescribing pain medication, no increase in dosage, not more than one medication • Depression, moderate - severe, well managed, no in - patient hospitalization history • Diabetes • Heart / Cardiac Disease • Multiple Sclerosis • Renal insufficiency, mild - moderate, or progressing • Respiratory ailments, mild - moderate, not dependent on oxygen treatment or regular breathing treatments, minimal impact to pulmonary function • Stroke history within 5 years (uninsurable within last 12 months) • Surgical repair of heart valves, aneurysms, intracranial tumors, major organs after six months, including gastric bypass Life insurance is an essential part of financial planning in general.
«When discussing the financial aspects of a divorce or a break - up, insurance considerations should be a key component in ongoing and final decisions,» said Jeanne M. Salvatore, senior vice president and consumer spokesperson for the I.I.I. «Dividing up property, changing homes, and altering life insurance policies must be discussed to make sure that both parties, as well as children or other dependents, are financially protected after the separation is completed.»
Couples buy life insurance for a variety of reasons, including covering existing and anticipated debts and financial obligations as well as providing an income and / or inheritance for dependents in the event of the death of one or both of the spouses or partners.
There is a large variety of life insurance policies on the market to meet a wide range of policy holder needs, and choosing the best coverage for your specific situation depends on several factors including income, dependents, and additional financial priorities.
When deciding how long you need the policy to be in place, consider how long your children will be dependent upon you as well as when other financial benefits that will help support your spouse will kick in.
The amount of income you offer to your family members who are dependent on you, your loans and financial expenses would help you to know your coverage better.
Life insurance, whether term or cash value, is a way to protect your dependents in the event you're no longer able to contribute to their financial well - being.
Permanent life insurance provides lifelong protection for your family and financial dependents, as well as the ability to grow the cash value tax - deferred.
Term life insurance is best used as income replacement for a wage earner who has financial dependents, such as a spouse or kids.
Cash value life insurance offers a contractual rate of return as well as likely dividends and additional growth that is not dependent upon the financial markets.
ON YOUR TERMS * If you have kids who are not yet financially independent and your savings aren't big enough to quell concerns, you should get a term insurance even after 50 * Another situation where a term plan could come in handy is when you are officially retired but continue to work owing to financial responsibilities * If you don't want your wife to be dependent on anyone else or forced to lead a frugal life, term insurance could be a good investment for you.
This gets us to an imperative point — that simply leaves behind a considerable amount as a death benefit is not enough, your family and dependents should also have knowledge about how to put that lump sum to best and effective use, failing which, they might face financial problems.
Best policy type: Term life if the dependent will one day no longer need your financial assistance.
If you know monthly cash flow would be a better way to provide financial security to your dependents that would help them to carry monthly expenses
Life insurance is particularly important for people who have financial dependents, but can be beneficial for other people as well.
Permanent life insurance is a good option if you have a dependent who will rely on you for financial support for the rest of your life.
Even if you have enough money in savings or your spouse makes enough money on his or her own to cover your mortgage payments, life insurance is still a good idea if you have financial dependents or own a business.
Depending where you are in your life and financial situation, term may be your best option if you want to protect your family or dependents for a determined amount of time (until children finish college); or if you want to protect your dependents for as long as you live (up to age 120 is available) then Universal Life or Whole life are your best bet.
You have the flexibility of selecting a length that's realistically long enough to cover you until others aren't as dependent on you for their financial well - being.