Sentences with phrase «financial cushion as»

Return of Premium Term Insurance is therefore a convenient financial cushion as the insured or the indicated beneficiary is granted a financial reimbursement in any case.

They generally are intended to pay final expenses and perhaps provide a financial cushion as the family adjusts to the loss of income, but won't be sufficient to meet such expenses as funding higher education or paying off a mortgage.

Having extra money in the bank will also give you a financial cushion as you adjust to your new mortgage payments.

Having extra money in the bank will also give you a financial cushion as you adjust to your new mortgage payments.

Not exact matches

Sall also focused on building up a $ 1,000 emergency fund, which served as a type of financial cushion for him.

It might seem counter-intuitive to focus on saving money instead of paying off debt, but having a $ 1,000 emergency fund in place first provides a financial cushion so that unplanned expenses, such as medical bills and home repairs, don't completely derail your debt - repayment plan.

Inside China, the foreign exchange reserves have been seen as a financial cushion for times of trouble.

That's the beauty of having the financial cushion to fall back upon — failure doesn't hurt so much, since it's not as far to fall.

As a personal rule of thumb I would argue for the preservation of at least 30 % of your personal assets as a cushion against total financial ruiAs a personal rule of thumb I would argue for the preservation of at least 30 % of your personal assets as a cushion against total financial ruias a cushion against total financial ruin.

Your life will likely continue as you have established yourself and have a financial cushion to rely on.

I just published an article along the same lines of risk mitigation, advocating for a specific financial cushion to bullet - proof (as well as one can) early retirement plans and ease the stress of such a big life change.

I would want them to be able to pay off my student loan and other debts immediately with a cushion to help with the financial transition of having my wife take over as sole provider»

These institutions, as well as certain regulated banks, had also assumed significant debt burdens while providing the loans described above and did not have a financial cushion sufficient to absorb large loan defaults or MBS losses.

As it stands, though, Feigs recommends they stick with their planned retirement dates to give themselves more of a financial cushion.

Put down as much as you can while maintaining enough of a financial cushion to weather potential emergencies.

As with «when you should use your car title loan», LoanMart encourages their customers to use their newly obtained financial cushion for whatever life may throw at them, good or bad.

To figure out how much life insurance you need, add up your expenses, such as debt and loan payments, the cost of caring for your dependents, and how much of a financial cushion you want to leave your beneficiaries.

«Financial emergencies, such as a broken furnace or major car repairs, can crop up at any time and, without some form of financial cushion, can potentially cause households to take on more debt than is necessary,» said BMO's Janet PFinancial emergencies, such as a broken furnace or major car repairs, can crop up at any time and, without some form of financial cushion, can potentially cause households to take on more debt than is necessary,» said BMO's Janet Pfinancial cushion, can potentially cause households to take on more debt than is necessary,» said BMO's Janet Peddigrew.

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.

If you're in an absolute bind or unexpected circumstance without a financial cushion to back you up, use them as a last resort.

On top of her financial cushion the bank won't foreclose as quickly on Julie.....

In other cases, growth of some investments might provide opportunities to build a larger financial cushion by transferring gains to products that help protect a portion of a portfolio, such as annuities.

The cash value can be a convenient financial cushion for you as with it you can create your savings plan for the future.

The death benefit should be so high as to cover living expenses such as a mortgage, your kids» college tuition, and provide a favorable financial cushion, and you can get all that covered for the cost of about six lattes a month.

It gets you a life cover that acts as a financial cushion in case of a contingency.

I would want them to be able to pay off my student loan and other debts immediately with a cushion to help with the financial transition of having my wife take over as sole provider»

Affordable burial insurance provides more than just a financial cushion for funeral expenses as it creates a path towards proper personal estate planning.

2) Asset ownership: If you already own assets such as real estate, gold and fixed deposits, they will serve as a ready cushion for you, in terms of financial stability.

This policy offers flexible premium payments and death benefit options, including the ability to use cash value as a future financial cushion for things like retirement income and / or paying off debts.

The plan is ideal for meeting long term financial goals as well as creating a financial cushion to secure your family's future.

This will act as a financial cushion at the time of a crisis.

A life insurance plan can act as a cushion for your family's financial security against such uncertainties.

HDFC Life ClassicAssure Plus is a participatory saving cum insurance plan that provides guaranteed benefits along with the growth of your money.The plan helps in meeting long term financial goals as well as creating a financial cushion to secure the happiness of your loved ones.

Not only do you want to make sure your family avoids the undue stress of figuring out how to afford the average cost of $ 10,000 for an Arkansas funeral as they grieve their loss, but you may also want to leave them with a financial cushion to help them pay the mortgage, education expenses or other major, daily costs.

Be conservative with spending in the months prior to filing for divorce, and try to build up a financial cushion — your overall expenses may rise in the short - term as you deal with setting up separate residences.

The trend is being fueled primarily by the gap between incomes and rents, which have soared to historical highs in recent years, leaving many households with hardly any cushion for financial blows such as a medical emergency or job loss — events that can trigger homelessness.

By understanding home remodel cost pitfalls and conducting something akin a risk analysis, the homeowner will be wise to leave as little as possible to chance and build in ample financial cushions for unanticipated eventualities.