Sentences with phrase «financial safety net when»

If you still need that financial safety net when you're in your 60s or 70s, you'll need to shop for a new policy (which may be prohibitively expensive) or convert your term life policy to whole life to continue coverage — a feature typically offered by most carriers for free.

«Renters insurance provides a very important financial safety net when there is a disaster,» said Salvatore.

Your uninsured motorist (UM) coverage is intended to provide a financial safety net when you or another person covered by your car insurance policy is injured by an uninsured driver who is at fault.

If you still need that financial safety net when you're in your 60s or 70s, you'll need to shop for a new policy (which may be prohibitively expensive) or convert your term life policy to whole life to continue coverage — a feature typically offered by most carriers for free.

Not exact matches

College students without a financial safety net are in a tough spot when unexpected costs arise.

Having a financial safety net in place can ensure that you're protected when a financial emergency arises.

LAs also provide schools with a safety net when they experience challenging issues by providing advice and access to specialist staff, for example, around issues to do with asbestos, school budgets, redundancies, financial management, staff health, disability access or challenging parents.

Having a safety net in place ensures none of your hard work was done in vain, and you can be prepared when a financial calamity occurs.

A line of credit is available to RBFCU members, and it's often used for unexpected expenses when you need a safety net in a financial emergency.

When facing any sort of financial challenge, it's extremely reassuring to have a safety net.

But when you have no credit as a safety net, it becomes your number one financial priority to make sure the cash reserve you have is enough to live on.

An emergency fund is a financial safety net that catches you when you fall.

It's your financial safety net for when things go haywire.

For instance, many people purchase life insurance when they get married or have children to ensure their surviving loved ones have a financial safety net.

That term life insurance you bought when your kids were young was an important part of your financial safety net, providing maximum income protection at an affordable price.

Thus, while paying down credit cards should be a major priority for anyone with this type of debt, doing this in order to create a credit card safety net is not a good way to prepare for financial unknowns as available credit can disappear when it is needed most.

Having a financial safety net in place can ensure that you're protected when a financial emergency arises.

That's really scary - When this kind of story comes up, I always wonder, if I'm ever met with bad luck and end up spending everything, going bankrupt even, in legal fees to fight the charges and am finally acquitted, is there any safety net in the legal system to recoup all financial damages including interest on any loans I had to take out?

Health insurance ensures that when accidents do happen unexpectedly, you have a financial safety net to help with medical costs.

$ 50,000 is not a very big financial «safety net» to make sure your family will not have to make drastic financial cuts when you die.

These consumers should also look into life insurance as a means to distribute their assets when they pass away, as well as create another financial safety net to help support their families should they pass away.

It provides a critical financial safety net for your spouse, partner, or loved ones when you die.

But there are insurance products available that will create a financial safety net for your family and loved ones when the worst happens; mortgage protection does this for you.

A mortgage protection plan will be an important financial safety net; when a loved family member dies unexpectedly, some mortgage protection is better than no mortgage protection.

When you consider the educational cost of becoming an architect, as well as the earning potential, it's obvious some sort of financial safety net should be in place.

With disability insurance, a founder has a financial safety net that will allow them to return to their company when they recover instead of working elsewhere just for a paycheck.

But when you have no credit as a safety net, it becomes your number one financial priority to make sure the cash reserve you have is enough to live on.

When building a financial safety net, many people look to protect against the unknown with life insurance and health insurance.

Maybe some of you have caught on already, but for those of you who haven't: That means you should probably be wary if someone is trying to sell you a whole life insurance policy when all you want is a basic financial safety net so your family can pay bills and debts.

This is another reason that using term life insurance makes sense - you buy it for a period of time when the risk of not completing your financial goals is the highest and you stop paying for it once you no longer need that safety net.

It is essential to buy a term plan to provide a financial safety net to your loved ones for the days when you may not be around anymore.

Here's how to buy more life insurance when you're expanding your financial safety net to including another child:

There are many reasons why the best time to buy life insurance is when you're young and healthy, and a number of top carriers — Banner, Lincoln, Pacific Life, Protective, AIG, SBLI, and Principal — offer great options for millennials looking to create an affordable financial safety net.

Conway car insurance serves as a financial buffer and safety net when something goes wrong.