Sentences with phrase «funded by a life insurance»

A Buy - Sell Agreement funded by a life insurance policy can help reduce the «what ifs» in your mind.

This is a big reason people purchase life insurance on their children, says Marvin Feldman, CEO of Life Happens, a consumer education group funded by the life insurance industry.

These types of agreements are commonly funded by life insurance.

In a stock redemption plan funded by life insurance, each business owner is party to an agreement where the business purchases a life policy on the life of each business owner in an amount equaling their respective business interests.

If the buy - sell agreement is funded by life insurance there will be sufficient cash for the transaction.

Moreover, the purchase of the business will be funded by life insurance thereby providing ready cash for the purchase.

Generally a buy sell agreement funded by life insurance is used for this purpose.

The business owners need to get together with their attorneys and accountants and set up buy - sell agreement funded by life insurance.

The surviving shareholders would be in big trouble had you not insisted on that agreement funded by life insurance policies.

It would be funded by life insurance as that would be the least costly for the corporation.

Although I am new to infinite banking, the use of participating whole life insurance as a financial tool, the fact that it is funded by life insurance means that the agent can make all the difference in whether the concept works to its» maximum.

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A special needs trust is usually funded by a life insurance policy purchased by the parent or guardian of the child with special needs.

Your wealth replacement trust will then be funded by the life insurance policy that you purchase.

If I have a business partnership and have a buy / sell agreement funded by life insurance, it isn't a permanent need unless we really believe that we will still be active partners at age 100 or beyond.

Strong gains in funding by life insurance companies were partly responsible for the surge in originations, while CMBS conduits also helped the drive them up.

Not exact matches

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

This works because the fee - only financial planner is compensated by you directly, and not by a third - party annuity, life insurance, or mutual fund company.

Allegations of excessive index fund fees in retirement plans are at the heart of a new proposed class action lawsuit brought by New York Life Insurance Co. employees against the company.

Since the early 1980s, the proportion of household financial assets held as deposits has fallen from about 50 per cent to below 30 per cent; this has been mirrored by a comparable rise in the proportion of household assets held as claims on life insurance and superannuation funds (Graph 11).

Investments in SMART529 are not guaranteed or insured by the State of West Virginia, the Board of Trustees of the West Virginia College Prepaid Tuition and Savings Program, the West Virginia State Treasurer's Office, Hartford Life Insurance Company, The Hartford Financial Services Group, Inc., the investment sub-advisors for the Underlying Funds or any depository institution and are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

Commission - based advisors earn their money by selling stocks, bonds, mutual funds, life insurance, annuities and other investments.

I can't be totally certain here, but I suggest that all major state insurance regulators should send Ben Bernanke, Tim Geithner, and Hank Paulson some really nice gifts, because had AIG's life companies failed, the state guaranty funds would have been hard pressed to come up with something north of $ 10 billion by surcharging the other insurance companies doing business in each state.

Variable annuities, variable life insurance, and mutual funds are offered for sale by prospectus only.

You can use life insurance funding if you are one of the parties specified in a buy - sell agreement to purchase all or part of the business interest held by another buy - sell participant at the other person's death.

In a typical split dollar arrangement, the employer funds all or part of the cost of providing an employee with life insurance protection and then recoups the cost by sharing in the insurance proceeds at the employee's death.

Realizing that such an award would be rejected out of hand by a judge, Sparks moderated her demand, and Payton agreed to contribute $ 5,550 a month in child support, establish a $ 175,000 college trust fund and purchase a $ 1 million life insurance policy naming the child as beneficiary.

The Wall Street Journal Financial Guidebook for New Parents shows you the way, with information on how to: safeguard your child's well - being with wills, trusts, and life insurance; best weigh your child - care options and decide whether to go back to work; save on taxes with child - friendly tax credits and deductions plus tax - advantaged benefits at work; manage your family's health - care costs; save for long - term costs by setting up a college fund; spend smart and save money at every stage of your child's development; continue to contribute to your own retirement savings

The pledge card, which mirrors New Labour's initiative in 1997, will promise free party membership for trade unionists, the building of 1m new homes over the course of a parliament, an increase in the minimum wage funded by a cut in employers» national insurance, a cost - of - living test for every policy item and a cabinet minister to «take action for the consumer against rip - off companies».

The study was funded by the American Heart Association, the National Institutes of Health, the Packard Foundation, the Life and Health Medical Insurance Fund and the Sandler Foundation.

The fund is backed by Kasikorn Bank and Cathay Life Insurance and has a total of $ 210m — exceeding its target size of $ 150m.

The AXA Retirement 360SM defined contribution program consists of a custodial account offered through Reliance Trust Company, LLC, within which plan participants» chosen mutual fund shares are held, as well as a group fixed annuity contract (Generic Form Number 2016FA - MFrev, 2016FA - MF403b) issued by AXA Equitable Life Insurance Company («AXA Equitable»).

By nature, term life insurance can not contribute to funding retirement or providing future capital for investment because it doesn't build cash value.

Fixed annuities offered by legal reserve life insurance companies like Liberty Bankers are further protected by various state insurance department guaranty funds.

Investments in CHET Advisor are not guaranteed or insured by the State of Connecticut, the Connecticut Higher Education Trust Program, the Connecticut State Treasurer's Office, Hartford Life Insurance Company, The Hartford Financial Services Group, Inc., the investment sub-advisors for the Underlying Funds or any depository institution and are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

Final expense life insurance can help protect loved ones by providing funds to cover these final expenses and save them from having to pay these costs out of pocket.

At a rate determined by the portfolio of sub-accounts (essentially, mutual funds) you choose to invest the money in, in the case of variable life insurance.

PL funds are managed by Pacific Life Fund Advisors LLC, a wholly owned subsidiary of Pacific Life Insurance Company of Newport Beach, CA.

And while perhaps not as exciting an investment as individual stocks or mutual funds, the flexibility of these policies in regard to withdrawing funds, along with their tax - favored nature, makes them worthy of consideration by investors who are looking for a means of building up additional savings, especially if they are also looking for life insurance coverage.

People looking to make funeral planning easier on family members by designating specific funds — outside of life insurance — that can be used

As difficult as the experience would be, a life insurance policy on your child can make it a little easier by providing the funds to cover these and other expenses.

Direct Equity Exposure — 2.5 Lakhs (Shares of Asian Paints) Life Insurance Term Plan HDFC Life Click 2 Protect — 1 crore (Insured value) Other Insurance plans LIC — 2000 / Month (all plans put together) PPF — 20000 / Year Health Insurance — Provided by Employer MF — SIP's ICICI Direct Focused Blue chip — 1000 / month (10 year horizon) Franklin India Smaller Companies Fund GROWTH — 2000 / month (10 year horizon)

Depending on how you want to invest the cash value, you can choose between traditional universal life insurance (rates determined by insurer), indexed universal life insurance (tracks an index), and variable universal life insurance (you pick from a set of mutual funds).

Tax - saving implies that there are certain provisions in the Indian Income Tax Act that allows an individual to save tax by investment in some particular investment instruments (like ELSS mutual funds or Life insurance premium etc., under Section 80c) or when the taxpayer has incurred some expenses on which tax liability can be minimized to some extent (Example — HRA, LTA etc.,).

Variable Life Insurance (VUL) provides the flexibility of Universal Life, but also the potential to increase your cash value by allocating your money into various sub-accounts that invest directly in the underlying asset class, similar to mutual funds.

When it comes to whole life insurance, that cash value is typically a savings account which is funded by a percentage of your premiums.

Using a venerable actuarial tool called the Linton Yield Method, these returns are derived by comparing the cash value policy to the alternative of buying lower premium term life insurance and investing the premium savings in a hypothetical alternative investment, such as a bank account or a mutual fund.

Securities (including mutual funds and variable life insurance), annuities and insurance products are not bank deposits and are not insured by the FDIC or any other agency of the United States, nor are they obligations of, nor insured or guaranteed by, Chemical Bank, or its affiliates.

But if you have enough wealth for your estate to be taxed - at either the state or federal level - you should consider the tax benefits of a life insurance policy to help provide funding to pay estate taxes by reducing or even eliminating them.

The insurance covers deposit accounts, but not losses suffered by investments in stocks, bonds, mutual funds, annuities and life insurance policies offered by credit unions or affiliated entities.