Sentences with phrase «die policy used»

Not exact matches

Experience in Oregon in the USA where assisted dying has been legal for 15 years shows that the law works safely and that dying people take comfort from having the «insurance policy» of the choice of an assisted death, whether or not they actually use the law.

Duesberg's influence on President Thabo Mbeki of South Africa — who has cited his theories when denying the use of ARVs for HIV / AIDS patients in South Africa — makes Duesberg complicit, his critics charge, with a government policy responsible for what they call the «murder» of many Africans who have died without ARV treatment.

Life insurance companies use classifications to determine how risky you are for them to insure — what are the chances that you'll die over the course of your policy?

In the same way that a second to die life policy may be used for spousal tax planning, it may also be beneficial as part of a family business succession plan if both spouses are active in a family business.

The more important discussion is how a second to die life insurance policy may be used and when is it most advantageous for the consumer.

As you can see, there is not a huge cost savings to using joint first - to - die over two single life policies.

Since the surviving spouse may not be the breadwinner of the family, using a joint first - to - die policy can relieve the burden of debt payments.

A very common approach is to use a second to die life policy OR a guaranteed universal life policy to fund a stand alone special needs trust upon the trustmaker's death.

In fact, a joint last - to - die permanent life insurance policy is designed for this specific use case.

Since using a joint last - to - die life insurance policy can accomplish all the estate planning goals listed above, it's safe to say that it is a better option than purchasing two separate individual policies, especially considering the difference in cost.

A joint last - to - die policy can also be used to create a legacy.

They can use $ 866 to make the first monthly payment of a joint last - to - die universal life insurance policy with a $ 500,000 death benefit (1).

An accelerated death benefit rider lets you use money normally allocated for a death benefit (the amount a life insurance policy pays out) before you die.

It's important to note if you take out a loan on your whole life insurance policy and die while the loan is out, the death benefit may be used to pay back the outstanding amount, meaning your beneficiaries won't get the full amount.

The money that is used to purchase the contract is placed into an escrowed trust account — typically an irrevocable trust — and that money makes premium payments to keep the life insurance policy in force until the insured dies.

The bottom line, Donna, is that the answer to whether an authorized user can use rewards points is going to depend on a number of factors: What is the reward program's policy on points of people who have died?

New Paper on Land - use Change «Land - use Change in Australia and the Kyoto Protocol «by Dr Clive Hamilton, Exective Director, The Australia Institute and Visiting Fellow, Graduate Program in Public Policy, Australian National University.Abstract: In the dying hours of the Kyoto Climate Change Conference, the world's negotiators agreed to include in the Protocol what is now known as the «Australia Clause».

As for lying, I have observed many scientists seem to have no difficulty with lying when they connect, without a shred of evidence, supportive modeling or any data or often even any theory such things as extreme weather is getting worse or is linked to CO2, wet areas will get wetter and dry areas will get drier, that the ocean swallowed the «missing heat», using a proxy upside down doesn't matter, the models are still adequate for policy even after such a huge divergence from reality, coral die - back is due to manmade warming rather than fishing, all warming must be bad rather than beyond a certain threshold, etc, etc, etc..

Term life insurance can also be used for final expense policies, but if you die after the term period has ended, your loved ones will receive no payout from your life insurance contract.

Unlike standard life insurance policies where the surviving spouse is usually the beneficiary, second - to - die life insurance is generally used for estate planning purposes.

This is a measure used to prevent a terminally ill individual from purchasing a policy shortly before dying in order to secure a large payout for their family.

While life insurance is most commonly used to provide financial support for your spouse and dependents after you die, there are other reasons to have own a policy.

If you borrow money using the policy's loan features, and die with the loan not having been paid back, the balance of the loan will be deducted from your death benefit.

If you never use the chronic illness benefit in your hybrid policy, you can leave a tax free benefit to your beneficiary when you die, or you can surrender the policy for the cash surrender value at any time.

If you've accumulated wealth — say, $ 1 million to $ 1.5 million or more in assets — you can use the policy's death benefit to cover the cost of any taxes on your estate when you die.

The primary use for last - to - die policies is estate planning.

A survivorship life insurance policy, or second - to - die life, as it used to be called, insures two lives — usually a husband and wife.

It's important to note if you take out a loan on your whole life insurance policy and die while the loan is out, the death benefit may be used to pay back the outstanding amount, meaning your beneficiaries won't get the full amount.

When the policyholder dies, the beneficiary needs to contact the insurance company to alert them, using a death certificate, policy document, and claim form to get the money after the death.

«Senior life insurance» may be used to describe policies such as burial or final expense insurance which are often purchased by older Americans to cover funeral costs, as well as other final expenses when they die.

Much like term insurance, you can buy a policy with a death benefit equal to your home loan (or any other amount), and when you die, the proceeds go to your beneficiaries to use any way they want.

There are various strategies you can use to withdraw the cash value from your variable life insurance policy before you die, though they are typically less flexible than whole life insurance policies.

Life insurance companies use classifications to determine how risky you are for them to insure — what are the chances that you'll die over the course of your policy?

After you die, burial life insurance pays the death benefit of your policy directly to your beneficiary who can use the money in any manner.

This is done using aggregate data and actuarial tables — which basically display the probability a person will die at each age — to see how likely it is they'll die over the term of the policy.

The reason for these coverage limits is based on the same logic life insurance carriers use for classifying citizens: the higher the risk of dying during the term of a life insurance policy, the more concerned the carrier is.

An accelerated death benefit rider lets you use money normally allocated for a death benefit (the amount a life insurance policy pays out) before you die.

If you had a mortgage life insurance policy in effect when you died, your beneficiaries could use all of the benefits that they would receive from a regular policy for other things.

It's a benefit policy that's used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term.

Will that be enough to use against the insurance company if the policy holder dies within the 2 year period?

Final Expense Insurance — which is also commonly known as Burial Insurance — is a policy whose proceeds are used to pay for funeral services and burial expenses after you die.

Final expense insurance is an insurance policy used to pay for burial expenses and funeral services when the named insured dies.

A chronic illness rider lets the policy owner use the death benefit - before the insured dies — if the insured becomes chronically ill.

In the event an owner dies, the company receives the proceeds of the life insurance policy and uses the proceeds to purchase the deceased owner's business interest at a previously agreed upon price.

The lifetime chance someone who buys a policy at age 60 will use their policy before they die is 50 %.

Generally, when using a key man life insurance policy to secure a loan, a collateral assignment is utilized to ensure the bank or lending institution receives funds to cover the loan balance due in the event the key person or business owner dies.

Gone are the days of having to die to use your policy.

In the event the key employee dies, the business receives the lump sum policy proceeds that can be used at the company's discretion to stabilize the company until a replacement employee can be found.

With second to die life insurance, most applicants are planning to use these policies as estate planning.

If one of these vital people became disabled or died, you can use the death benefit or cash value from the policy to fund replacement and retraining expenses and help make up for lost business during the transition.