Sentences with phrase «guarantee the monthly income payments»

One of the most common misconceptions about annuities is that to guarantee the monthly income payments you forego access to your principle in an emergency or to pass on as an inheritance.
The Guaranteed Monthly Income Payment starts immediately from the next month anniversary if Premium Paying Term has not been completed and continues for a total period of 15 years.
After completion of the Premium Paying Term, the Guaranteed Monthly Income payment starts from the next Month Anniversary and continues for 15 years.

Not exact matches

Unique to Sales Talent Agency, this option allows you to pay 12.5 % of your candidates guaranteed income * on - hire, followed by 12 equal monthly payments.
That's because when you invest a lump sum with an insurer today, the insurance company guarantees you will receive a monthly income payment for the rest of your life.
The College Cost Reduction and Access Act, 9/2007, helps public service lawyers in two main ways: It lowers monthly student loan payments on federally guaranteed student loans (Income Based Repayment or IBR) and secondly, it cancels remaining debt for public servants after 10 years of public service employment.
For instance, going back to the $ 50,000 investment, you can guarantee a monthly income based upon the coupon payments from the laddered bonds by picking ones with different coupon dates.
Start receiving guaranteed Monthly income after the completion of the Premium payment term, until Maturity, provided the policy is still in force.
Guaranteed Retirement Income Options — You may elect to convert your contract value into a stream of income using one of several available options, including an income option that provides monthly payments forIncome Options — You may elect to convert your contract value into a stream of income using one of several available options, including an income option that provides monthly payments forincome using one of several available options, including an income option that provides monthly payments forincome option that provides monthly payments for life.
Unlike the typical private loan, federal loans come with guaranteed benefits such as deferment while the borrower is in school, forbearance during times of economic hardship, and in some cases a right to put the loan on an income - driven repayment plan with a capped monthly payment.
* The Guaranteed Income commences after the end of Premium Payment Term and will be paid out on a monthly basis.
And if you decide that you would like more guaranteed lifetime income than Social Security alone will provide, you can always consider converting a portion of your nest egg to an immediate annuity in return for lifetime monthly payments.
Survival Benefit: Subject to the policy being in force, the Guaranteed Monthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policyMonthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policymonthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policy term.:
It guarantees payments up to «$ 2,000 per month or 85 % of the promised monthly income benefit, whichever is higher.»
Annuities certainly aren't for everyone, but generally I think people who feel they need more guaranteed income than Social Security alone can provide should consider putting some (but not all) of their savings into two types of annuities that are relatively easy to understand and evaluate: immediate annuities, which convert a lump sum of savings into monthly payments that begin immediately, and longevity annuities, which allow you to convert an investment now into payments that will start later, say, 10 or more years down the road.
Guaranteed Monthly Income — Guaranteed monthly income for 10 years immediately after completion of Premium PaymenMonthly Income — Guaranteed monthly income for 10 years immediately after completion of Premium PaymentIncomeGuaranteed monthly income for 10 years immediately after completion of Premium Paymenmonthly income for 10 years immediately after completion of Premium Paymentincome for 10 years immediately after completion of Premium Payment Term.
If you have a traditional policy that pays a lump sum amount or have a guaranteed income plan that makes payments after every few years, then it's time you choose a plan that ensures your family and loved ones receive a monthly income to help them pay for the living expenses.
Most insurance companies in India offer online money income plans that help the insured and his or her nominees to get a guaranteed monthly income along with a lump sum payment, if the plan allows, at the end of the plan tenure.
Income Benefit: You will start receiving a guaranteed monthly income totaling to 1 / 12th of 10 % of Sum Assured, immediately after completion of the Premium PaymentIncome Benefit: You will start receiving a guaranteed monthly income totaling to 1 / 12th of 10 % of Sum Assured, immediately after completion of the Premium Paymentincome totaling to 1 / 12th of 10 % of Sum Assured, immediately after completion of the Premium Payment Term.
You may receive a guaranteed monthly income post the end of the premium payment term on survival of the life assured a.) Income with maturity benefit b.) Only income post the end of the premium payment term on survival of the life assured a.) Income with maturity benefit b.) Only Income with maturity benefit b.) Only incomeincome
f insured is struck by total and permanent disablement due to an accident or illness, he or she may get future premiums payable waived off, additional monthly income of 1 % of Guaranteed Sum Aassured till the end of premium payment term, income benefits as per schedule and maturity benefits on maturity.
Guaranteed Monthly Income is paid every month after the completion of the premium payment term
Survival Benefit: Provided the policy is active, the guaranteed monthly income shall be payable monthly starting from the end of the next month after the completion of the premium payment term.
You will receive a Guaranteed Monthly Income (in arrears) after the end of the premium payment term on survival of the Life Assured at the end of every month till the end of the policy term.
And AARP's immediate annuity, which converts a lump - sum payment into guaranteed monthly income for lifelong, generates a lesser payment stream than an investor 75 or younger might get elsewhere.
Get guaranteed monthly income for 10 years immediately after the completion of Premium Payment Term.
On completion of Policy Term / Premium Payment Term, you will get a Terminal Benefit and start getting guaranteed monthly income for 10 years
You start receiving Guaranteed Monthly Income after the completion of the Premium Payment Term, until Maturity, provided the policy is in force.
Survival Benefit: Subject to the policy being in force, the Guaranteed Monthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policyMonthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policymonthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policy term.:
It offers guaranteed money back benefits every five years throughout the policy period along with an increasing monthly income that starts after the premium payment term
Regular guaranteed income as monthly or yearly payout after completion of the premium payment term.
In case the life insured survives at the end of the premium payment term, Guaranteed Monthly Income (GMI) is payable every month for the next 144 months, which starts from the end of the premium payment term.
The plan offers guaranteed money back benefits to policyholders every five years throughout the policy period along with an increasing monthly income that starts after the premium payment term.
Guaranteed Monthly Income on Survival will be payable monthly starting from the end of the next month after the completion of the Premium PaymenMonthly Income on Survival will be payable monthly starting from the end of the next month after the completion of the Premium Paymenmonthly starting from the end of the next month after the completion of the Premium Payment Term.
After the completion of the premium payment term, the guaranteed monthly income is paid for 96 months for a 15 year policy term, for 120 months for 20 year policy term and for 180 months for 30 year policy term.
At the end of the premium payment term of 25 years, the policy holder enjoys a guaranteed increasing regular monthly income till the end of the policy term.
Premium payment options for IDBI Federal Guaranteed Money Back Insurance Plan and Max Life Monthly Income Advantage also include premium paying modes.
Premium payment options for Metlife Monthly Income Plan and IDBI Federal Guaranteed Money Back Insurance Plan also include premium paying modes.
Monthly maintenance payments, or support checks from one party to another, aren't guaranteed, so factor your budget based on the possibility that you may have to solely rely on your own income for a period of time.
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