Sentences with phrase «expenses upon the passing»

Do you have outstanding debt or anticipate expenses upon your passing?

Life insurance is meant to protect the people you love from incurring large expenses upon your passing.

All you have to do is prove that you will be financially responsible for such expenses upon the passing of your elders.

In such instances, you, as a dependent, * may be able to purchase elderly insurance that covers your financial expenses upon the passing of your parents.

Not exact matches

Whether you are the sole breadwinner, one half of a joint - income couple, or a stay - at - home - parent, a term life insurance death benefit (the funds that your beneficiaries will receive upon your passing) can do much more than add a temporary boost to family finances and pay for funeral and burial expenses.

As much as families want to do all that they can upon the passing of a loved one, in many cases, the expense can be a hindering factor.

Nothing will ever change, and it pays out your death benefit upon passing so your family isn't stuck with your final expenses.

Death benefit is provided upon the passing of the last surviving partner, at which time the full benefit is paid out so it can be used to cover a number of expenses, including estate taxes

Pyramid's Senior Life which is a whole life insurance policy was developed to pay for final expenses, care for surviving spouse, mortgages and financial obligations or for charitable contributions upon the insured's passing.

The policy will pay out the set death benefit tax free to your beneficiaries upon your passing (unless you have their Modified plan) which gives them the money to pay for your final expenses.

Deciding on the right amount of final expense coverage is important, as you don't want to leave your loved ones with large bills upon your passing.

Final expense insurance is specifically designed to cover the bills, debts, and expenses that will be left for your loved ones upon your passing.

The fact that you will one day pass away and leave expenses behind you makes it incumbent upon you to prepare for these costs in advance, especially knowing that life insurance costs more every year you wait to get a policy in place.

To self - insure simply means that upon your passing, the money that you have accumulated will be used for all final expenses and needs.