Sentences with phrase «free lump sum of cash»

GI policies will provide the insured's loved ones with a tax - free lump sum of cash to help cover these expenses after they pass away.

Not exact matches

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

They are generating a lot of net - free cash flow and need to determine what to do with monthly, quarterly or annual lump sums of cash that need to be saved long - term and put into their overall asset allocation plan.

More importantly, refinancing this type of loan into a traditional car loan allows you to turn that large payment into smaller payments paid out over time, freeing up a lump sum of cash you would have otherwise paid out.

The tax - free cash calculation will also give you an idea of the cash lump sum you could receive from your pension once you retire.

Terms used in the members» booklet you received on joining may be very different to those in use now: for example, a tax free cash became a pension commencement lump sum and then an uncrystallised funds pension lump sum — or taking «cash in chunks» according to Pensions Wise (which has the virtue of blunt simplicity though little linguistic elegance).

Their premiums are often lump - sum payments and significantly higher, especially early in, than that of a term life policy, but because once the investment has been made, it is made, they can be used as security for loans and leveraged in a variety of ways to free up liquid capital, and their cash value is tax deferred.

If you have permanent needs, or if you'd like to pass a lump sum of tax - free cash to your loved ones, permanent life insurance may be your answer.

Critical illness insurance is a type of insurance that provides you a tax - free, one - time, lump sum cash payment in the event you're diagnosed with a major illness or condition such as cancer, heart attack etc...

LifeCheque no - medical exam Critical Illness provides a tax - free lump sum cash benefit directly paid to you 30 days following the diagnosis of one of the 5 most common illnesses and conditions:

For more information on affordable critical illness insurance protection which can provide a tax - free lump sum cash payment upon diagnosis of a heart attack or stroke, viasit the American Association for Critical Illness Insurance's website < a href > http://www.crititcalillnessinsuranceinfo.org .

Used to preach, buy term, invest the difference... But a permanent death benefit, cash values, tax free loans, tax free lump sum payment to beneficiary, privacy of beneficiary info, very difficult for others to get at your cash value, ability to fund very high amounts with tax benefits, cheaper while you are younger / healthy, paid up additions, Potential less premium with IUL and index gains potential, or Whole Life and pay more for insurance, but higher dividends...

The heirs - If the insured will die, the heirs can opt to receive benefits through cash distribution, tax - free income death benefit and lump sum over specific span of time.

Take up to 1/3 of the benefit as tax - free cash lump sum as per the current tax regulations.

1 / 3rd of the benefit is tax - free cash lump sum as per the current tax regulations.

Take up to 33.33 % of the benefit as tax - free cash lump sum as per the current income tax regulations.