Sentences with phrase «event of a financial hardship»

The chances of keeping your place of residence are much better in the event of financial hardship.

In the event of financial hardship, Earnest has policies set in place that allow for temporary deferment or forbearance.

Your policy may also provide you with a sum of money that you can use for retirement expenses or in the event of financial hardship.

Not exact matches

While you're still employed, you can only withdraw money from your plan in the event of death, disability or financial hardship.

When people think of «financial protection,» they often think of insurance first, making certain that those they love are protected against financial hardship in case of unexpected events.

Aware of the financial burden that attending such a program might cause for early childhood educators, McCartney explored several ways to ease the hardship, and ultimately succeeded in providing the event free - of - charge.

Claims should be filed when the cost of the covered event (damages or a lawsuit) would create significant financial hardship.

Higher risk of financial hardship: Substantially higher mortgage payments can increase the risk of foreclosure or bankruptcy in the event of long term hardship.

These include income - driven repayment options, deferment and forbearance, and protections in the event of disability, death, or financial hardship.

Borrowers should feel confident in their ability to absorb higher monthly payments in the event of a temporary loss of work or other financial hardships.

These minimums are designed to protect you from financial hardship in the event of a motor vehicle collision, and they also ensure that those not responsible for the collision are suitably compensated for their losses.

When these events occur, sometimes bankruptcy or a consumer proposal is the only option to get out of the financial hardship.

You'll also lose out on the benefit of forbearance and deferment, which temporarily allows you to pause payments in the event you experience financial hardship.

Don't let the joyous event of buying an engagement ring bring you financial hardship.

Canadians households are stretched thin already, and heavy debt burdens are putting more Canadians at risk of financial default in the event of interest rates increases, unemployment or other economic hardships.

Positive events such as the birth of a child can also create financial hardships at times too, especially if there are unexpected medical complications.»

Donna Holmes, financial counselor with SAFE Federal Credit Union says, «Financial hardship can be caused by several unfortunate life events, such as a divorce, job loss, furloughs, layoffs, moving, or a death of a lfinancial counselor with SAFE Federal Credit Union says, «Financial hardship can be caused by several unfortunate life events, such as a divorce, job loss, furloughs, layoffs, moving, or a death of a lFinancial hardship can be caused by several unfortunate life events, such as a divorce, job loss, furloughs, layoffs, moving, or a death of a loved one.

There are several events that allow you to qualify for a deferment; these include being enrolled at least half - time in an eligible college or career, being enrolled in an approved graduate fellowship program, being unemployed, certain types of financial hardships and more.

The loss of a mother during childbirth is a devastating turn of events that can leave families with grief, financial hardship, and lingering questions.

Typically you would choose to buy a term life insurance policy to protect your family from financial hardship in the event of your death.

If your answer is yes, the money you are saving on your insurance premium may not be worth the financial hardship you would create for yourself in the event of an auto accident.

But if your income is vital to someone other than you alone — a spouse, child or even an aging parent — the sad event of your death would be an even bigger hardship once the financial impact hits home.

Life insurance is the best way to protect your family from undue financial hardship in the event of your unexpected death.

Generally, the purpose of life insurance is to provide peace of mind by assuring that financial loss or hardship will be alleviated in the event of the insured person's death.

While not required, home insurance is a smart purchase, as it will protect you and your family from financial hardship in the event of theft, vandalism or fire.

Because people suffer severe economic hardships in the event of the death of a loved one or close business associate, life insurance is a key part of financial planning.

The economic conditions present in Pennsylvania and across the country are no excuse to beg out of coverage; if anything, they are all the more reason to insulate yourself from financial hardship that could occur in the event of a loss or liability.

By having this important coverage, you can help to ensure that your loved ones won't need to face financial hardship in the event of the unexpected.

Aside from being a requirement for an SBA loan, life insurance is meant to protect your family from potential financial hardship in the event of your death.

Having a Massachusetts life insurance policy may not seem necessary to you now, but if you have loved ones who depend on you, a policy has the potential to save them from financial hardships in the event of a sudden tragedy.

Term: Want to protect your family from financial hardship in the event of your death.

A policy may not seem necessary now, but if you have loved ones who depend on you for income or care, having a policy in place may save them from financial hardship in the event of a tragedy.

These minimums are designed to protect you from financial hardship in the event of a motor vehicle collision, and they also ensure that those not responsible for the collision are suitably compensated for their losses.

Through FHA's «Back To Work — Extenuating Circumstances Program,» borrowers who have gone through bankruptcy, foreclosure, deed - in - lieu, or short sale, may be eligible for an FHA - backed mortgage sooner if they can prove their financial hardship was the result of an economic event, such as job loss or a significant decrease in income.

Watch this video about the program that allows borrowers who gone through bankruptcy, foreclosure, deed - in - lieu, or short sale, to apply for an FHA - backed mortgage sooner if they can prove their financial hardship was the result of an economic event.