Sentences with phrase «going than the death benefit»

I know that if I live to be 99, I will have paid a certain amount to the insurance company for a death benefit of AT LEAST a certain amount, and I know that I will not have paid more in than I get out (I am dealing with my dad's whole life insurance policies that he has where he would have to pay more for the premium to keep the policy going than the death benefit is worth [he would end up paying $ 250K in premiums for a $ 175K death benefit if he lived long enough]-RRB-.

Not exact matches

His research concluded that only those with a high risk of death actually benefited from heart transplants, more than 80 \ % of donor hearts going to patients who were likely to live for longer without a transplant.

You seem to have highlighted particular sins as though some are worse than others all sin leads to death not just the big ones because we all are sinners.All have gone astray none are righteous.I believe the worst sin is pride idolatry is the first commandment we set ourselves as Gods.Regardless of what the sin is, our hearts are condemned by our pride.It wasnt the sin of homosexuality or sexual deviance that destroyed sodom.It was there pride and it is one of our biggest stumbling blocks in our christian walk or it certainly was for me.We look at the story of the adulterous woman and we think adultery is a terrible crime but the story is for our benefit to show that we all are sinners that Jesus does nt condemn us but came to save us.And when Jesus says go and sin no more he was not only talking to the woman but everyone else that was around judging her for her sin its a universal message that we all need to see that we all are condemned because of our sin that Jesus came to save us and that we turn from our sin and follow him.Because he is the way the truth and the life.brentnz

Luk says some entrepreneurs may go further and consider a universal life plan, in which the policyholder pays more into the policy than the death benefit requires.

Because the death benefit amount of your cash value life insurance policy may change over time as its cash value grows, make sure to specify a percentage of the proceeds to go to your beneficiaries rather than selecting a dollar amount.

However, the benefit of going with term life insurance is that you can choose a much higher death benefit than is typically available for products with limited underwriting.

Whole life insurance is much more expensive than term life insurance — often 4 times as expensive for the same death benefit — because the premiums are going toward: the accumulating cash value, fees and charges (more on this later), and the death benefit (i.e., the life insurance).

Some experts say that if you're less than 40 years old and don't have a family disposition for a life threatening illness, go for term insurance, which offers a death benefit but no cash value.

These policies are more flexible than whole life, however, as the policyholder — within certain guidelines — may choose the amount of premium that goes towards the death benefit and the amount that goes into the cash value.

However, universal life is thought of as being more flexible than whole life because the policy holder has more control over when the premium due date is, as well as how much of the premium goes towards the death benefit, and how much goes towards the policy's cash value (within certain guidelines).

Premiums are going to be higher than term insurance for the same death benefit.

But if you receive that as a death benefit and withdraw $ 75,000 a year to make up for your deceased spouse's lost income, that $ 500k will be gone in less than 10 years.

Whole life insurance is much more expensive than term life insurance — often 4 times as expensive for the same death benefit — because the premiums are going toward: the accumulating cash value, fees and charges (more on this later), and the death benefit (i.e., the life insurance).

In this case, the death benefit would go to Jane's estate rather than yours.

A business owner with permanent life insurance can use their death benefit to help ensure that the lights stay on long after their gone, but it can do more than that too.

This type of policy is considered to be more flexible than whole life, though, because the policy holder may choose — within certain parameters — how much of the premium will go towards the policy's death benefit, and how much will go into the cash value.

Cash - value insurance has higher premiums than term insurance because part of the premium pays for the death benefit coverage and part of it goes toward the policy's cash value.

As noted previously, this policy is a no - go immediately if you require more than $ 10,000 as a death benefit.

However, the benefit of going with term life insurance is that you can choose a much higher death benefit than is typically available for products with limited underwriting.

Some experts say that if you're less than 40 years old and don't have a family disposition for a life threatening illness, go for term insurance, which offers a death benefit but no cash value.

Some may even go as far to think that a company will resort to criminal activity in order to get access to the death benefit sooner rather than later.

The thinking goes that after a long enough period of time, this investment will add up to a higher value than the cash value on a whole life policy, and over a really long time will grow to be larger than the death benefit.

These policies offer more flexibility than whole life insurance because the policy holder may allocate — within certain guidelines — how much of the premium goes towards the death benefit and how much goes toward the cash value.

And if you're heading into retirement with a decimated investment portfolio, a mortgage and increased medical expenses, that cash in your policy may be more useful now than later — especially if your loved ones don't need the death benefit after you're gone.

This coverage is considered to be more flexible than whole life insurance coverage, however, because the policyholder can decide how much of the premium goes into the cash value component of the policy and how much goes towards the death benefit (within certain parameters).

At the same time, poor fund performance may mean premiums higher than expected and a decline in the cash value or death benefit, though it would not go below a predefined amount.

Because the death benefit amount of your cash value life insurance policy may change over time as its cash value grows, make sure to specify a percentage of the proceeds to go to your beneficiaries rather than selecting a dollar amount.

Since you pay more in premiums in the early years of the policy than you would in a term policy, the excess premium goes into the cash value of the policy, which represents the reserves the insurance company sets aside to cover the eventual death benefit.

For instance, a term plan with the feature of waiver of premium in case of accidental disability is certainly going to cost more and provide better comprehensive coverage than a term plan which offers only death benefit.

Just a few weeks ago I wrote about a lady that called, very distraught, because AARP had just informed her that rather than the $ 10,000 death benefit her father's policy was supposed to pay they were going to return the premium plus interest, about $ 1600.

The companies go even further than I can imagine any other industry going, by paying interest on the death benefit from the date of death to the date of payment (there's a lot of interest in just a few weeks on a million dollars), and returning all unused premium that was paid.

So, keeping in mind that single premium life insurance is going to buy more death benefit than any other mode, a liquid estate that can kick in a $ 2 - $ 3 million dollar one time premium could potentially increase the size of the estate significantly without any estate tax burden.