Sentences with phrase «existing term policy»

If you have an existing term policy, and whether you're healthy or not, you most likely have the ability to convert the policy to a permanent policy such as whole life or universal.

• In case you become uninsurable at any point of time due to health or other reasons then new term insurance or renewal of an existing term policy will not be available.

You must read the language in the existing term policy.

However, if you have serious health issues or if you've been diagnosed with a life - threatening illness, converting your existing term policy may be your only option to continue coverage.

Most companies will allow you to convert up to the entire face amount of your existing term policy and you'll be guaranteed your original rate class.

If your term policy offers a «conversion» option, you'll have the ability to exchange your existing term policy for a permanent or lifetime policy before your current term expires.

Regarding your existing term insurance policy, if the difference between the premium for the online term policy and the existing term policy is high then it makes sense for you to first go for the new term insurance policy and then close the existing term plan.

For some people, converting their existing term policy into a smaller lifetime policy is a much more affordable than reapplying for a new life insurance policy when they're older.

Also many companies will offer a «term conversion credit» if converted with a certain number of years, this credit is generally the last 12 months of premium paid on your existing term policy.

We've worked with countless clients who would have been otherwise uninsurable had their existing term policy not provided them with this invaluable option.

An existing term policy may not be adequate if you purchase a larger home, invest in real estate, buy a small business, or have more children.

If you're in poor health, convert your existing term policy to permanent insurance.

There are many instances when replacing your existing term policy makes more sense than converting it to a permanent policy.

Secondly, most term policies cease renewing at around that age, i.e. even if you keep your existing term policy, eventually the coverage will simply expire.

If your existing term policy is coming to an end, one option is to take out a smaller policy that provides a safety net during your empty nest period.

You can keep the remaining existing term policy or cancel your life insurance.

Another life insurance coverage option that may appeal to people over 50 is to convert an existing term policy to permanent.

Therefore, if you choose term as your initial insurance policy, and you become sick due to some serious illness such as cancer, you can convert the existing term policy to a permanent policy and keep it the rest of your life.

Secondly, most term policies cease renewing at around that age, i.e. even if you keep your existing term policy, eventually the coverage will simply expire.

Those with an existing term policy and unable to get approval for a new permanent policy will have no choice but to convert term into permanent.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Where any direct conflict exists between these Terms of Service, or any Additional Terms, and the applicable Privacy Policy the terms of the Privacy Policy shall take precedence; however provisions unique to these Terms of Service (e.g., arbitration) will remain in effect as outlined Terms of Service, or any Additional Terms, and the applicable Privacy Policy the terms of the Privacy Policy shall take precedence; however provisions unique to these Terms of Service (e.g., arbitration) will remain in effect as outlined Terms, and the applicable Privacy Policy the terms of the Privacy Policy shall take precedence; however provisions unique to these Terms of Service (e.g., arbitration) will remain in effect as outlined terms of the Privacy Policy shall take precedence; however provisions unique to these Terms of Service (e.g., arbitration) will remain in effect as outlined Terms of Service (e.g., arbitration) will remain in effect as outlined here.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Despite apparently lamenting the breakdown in his relations with Facebook — telling the committee how he had worked with the company, in an academic capacity, prior to setting up a company to work with SCL / CA — Kogan refused to accept that he had broken Facebook's terms of service — instead asserting: «I don't think they have a developer policy that is valid... For you to break a policy it has to exist.

These Terms of Use, together with the Action Network Group's Privacy Policy, constitute the entire agreement between the parties pertaining to the subject matter hereof and supersedes in their entirety any and all written or oral agreements previously existing between the parties with respect to such subject matter.

The final Erie County plan will summarize results of greenhouse gas emission inventories, set short - term and long - term energy goals, define new operations policies and changes to existing policies, identify implementation strategies and projects, present a detailed timeline for implementation and identify funding opportunities.

«If any discouragement exists, it is related more to long - term benefits than to the amount received, a situation we can correct by applying the adequate measures in the area of active employment policies,» he clarifies.

Features that feed resistance to change within the legacy sectors, according to the two, include pricing structures that favor existing technology, powerful vested interests, financing structures that do not easily accommodate the long - term investment requirements of competitor technologies and longstanding regulatory and policy impediments to change.

Their views, combined with research on existing policy plans, were analyzed to rank possible policy options to identify those with the greatest impact on improving dementia long - term care.

This variation highlights the challenge of designing federal policies that work well in states that vary in terms of district size, charter enrollment, size of the private sector, and existing choice policies such as interdistrict choice, charters, and vouchers.

In the short term, the department has committed to integrating these components into its existing programs and policies.

In 2012, administrators there essentially had to navigate two evaluation systems: the pilot program and the one required by the terms of existing laws and board policies.

You can either sell an existing permanent policy or you can convert a term insurance policy to a permanent policy.

The Committee will complete its purchases of $ 600 billion of longer - term Treasury securities by the end of this month and will maintain its existing policy of reinvesting principal payments from its securities holdings.

In particular, the Committee is maintaining its existing policy of reinvesting principal payments from its securities holdings and will complete purchases of $ 600 billion of longer - term Treasury securities by the end of the current quarter.

Your question is a quintessential reason why term life insurance policies exist.

For the term insurance premiums, we assumed that at renewal (at the end of the term) that the owner would cancel the existing insurance and be accepted for a new policy at the older ages.

As you guided me to take term insurance first and then to discontinue the existing policy.

Should I buy another policy from Lic e - term / any other reliable private insurer or increase my existing cover.

Once you buy a term plan, you may discontinue the existing life insurance policy.

After the birth of their first born, they can add the child term insurance rider to their existing policy to cover burial costs.

While life insurance policies that do not require medical exams may cost more in terms of premium payment, these types of policies do exist.

If you have a temporary need for additional life insurance above the current face value of your existing policy and want an affordable way to have coverage, considering a term rider might be a solution for you.

If you do not have sufficient insurance cover, buy a term plan first and then surrender the existing insurance policies.

Purchasing a new Term policy at the expiration of your existing policy will result in a higher premium and you may not qualify if you have disqualifying health issues.

But the downside is that soon enough the term will expire and you'll be paying higher rates, either on the existing policy or on any new ones that you take.

Kindly first buy a term insurance policy and then you may discontinue the existing one.

Dear Maninder, 1 — Kindly first buy a term plan and then discontinue your existing policy.

In particular, the Committee is maintaining its existing policy of reinvesting principal payments from its securities holdings and intends to purchase $ 600 billion of longer - term Treasury securities by the end of the second quarter of 2011.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).