Sentences with phrase «given the death proceeds»

Grace means that if you die during that period, your family will still be given the death proceeds (although they will reduce the proceeds by the premium due).

Not exact matches

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

The reply given by the Johannine Jesus appears at first to confirm this by saying, «If a man has faith in me, even though he die, he shall come to life», but then proceeds to add quite a new interpretation of the resurrection power of Christ in the words, «and no one who is alive and has faith shall ever die».13 C. H. Dodd concludes that «the «resurrection» of which Jesus has spoken is something which may take place before bodily death, and has for its result the possession of eternal life here and now... The evangelist agrees with popular Christianity that the believer will enter into eternal life at the general resurrection, but for him this is a truth of less importance than the fact that the believer already enjoys eternal life and the former is a consequence of the latter.»

I still kept a round of duties, and would not suffer myself to run into any open vices, and so got along very well in time of health and prosperity, but when I was distressed or threatened by sickness, death, or heavy storms of thunder, my religion would not do, and I found there was something wanting, and would begin to repent my going so much to frolics, but when the distress was over, the devil and my own wicked heart, with the solicitations of my associates, and my fondness for young company, were such strong allurements, I would again give way, and thus I got to be very wild and rude, at the same time kept up my rounds of secret prayer and reading; but God, not willing I should destroy myself, still followed me with his calls, and moved with such power upon my conscience, that I could not satisfy myself with my diversions, and in the midst of my mirth sometimes would have such a sense of my lost and undone condition, that I would wish myself from the company, and after it was over, when I went home, would make many promises that I would attend no more on these frolics, and would beg forgiveness for hours and hours; but when I came to have the temptation again, I would give way: no sooner would I hear the music and drink a glass of wine, but I would find my mind elevated and soon proceed to any sort of merriment or diversion, that I thought was not debauched or openly vicious; but when I returned from my carnal mirth I felt as guilty as ever, and could sometimes not close my eyes for some hours after I had gone to my bed.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

This gives the lender the right to receive death proceeds as primary beneficiary up to the amount of the loan.

In the event of death, all proceeds are given to the named beneficiary without charge.

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A terminal illness benefit, which can allow clients access to 40 percent of their death benefit proceeds after being diagnosed with a terminal illness that gives them a life expectancy of six months or less

At the same time, it gives coverage for the insured party's family, which means that beneficiaries will receive proceeds from the insurance claim upon death of the policy holder.

In the event of my death, I would like to give a small amount of my life insurance proceeds to my brother as well as a dear family friend - but the bulk should go to my significant other.

In the untimely event of death, his or her loved ones can obtain financial security, education funding, may give proceeds to one's preferred charity.

The proceeds from the policy provide coverage for your funeral expenses and give your family members an added bit of financial support during a difficult time, or you can choose to support your favorite charity upon your death.

Using the fixed amount settlement option, the death benefit proceeds will be given out in a fixed amount over time until both the principal and the interest have been totally paid out to the beneficiary.

This option is particularly enticing if you want to give the proceeds of your death benefit to a charity as well as your family, but can not afford to pay the premiums on a second policy.

As per section 10 (10D), the death proceeds given out to the nominee is exempted from taxation.

The person entitled to the proceeds must complete certain death claim forms giving due proof of the death and establishing the claimant's right to such proceeds.

The claim proceeds (death benefits) are given to his creditors.

Given that life insurance can make up a significant portion of the assets left by an individual to his or her heirs, it is important not to make the mistake of assuming that any instructions in your will can be used to determine how life insurance death benefit proceeds are distributed.

Forfeiting a Larger Sum That Could Be Left to Heirs: The most obvious disadvantage of a Life Settlement is that you are giving up the future insurance proceeds that your heirs might receive upon your death.