Sentences with phrase «higher yearly premium»

If the surviving spouse earns well and manages all household finances, paying a higher yearly premium simply for the premium waiver benefit does not make much sense.

Not exact matches

In 2017, those reporting at least $ 214,000 in yearly income on an individual tax return (or $ 428,000 on a joint tax return) fell into the bracket paying the highest monthly Part B premium of $ 428.60.

If you look at the above graph and compare the blue line (the cost of life insurance on a yearly basis) with the white line (permanent insurance, premiums level for life), you'll see that in the early years, the whole life premiums far exceed the actual cost of insurance — the company is taking in premiums far higher than they need.

Note that Texas average yearly premium rates are quite a bit higher than they are in the nation.

Yearly premiums can be as low as $ 50 and as high as $ 200.

The death benefit is higher of Sum Assured chosen or 10 times the yearly premium or 105 % of premiums paid till death or the total premium paid till death.

By now you probably know about the penalty for not having health insurance, which in 2016 is the higher of $ 695 or 2.5 % of your annual income (up to a maximum penalty of the national average yearly premium for a bronze plan).

Discounted Premiums: Yearly and half - yearly premium payments and for higher sum assured cYearly and half - yearly premium payments and for higher sum assured cyearly premium payments and for higher sum assured chosen.

If your yearly income is higher than 138 % of the federal poverty level but less than 400 % of the poverty level (for 2017 coverage, that's about $ 47,500 for an individual), you will get a tax credit to help you pay your health plan's premiums.

If you look at the above graph and compare the blue line (the cost of life insurance on a yearly basis) with the white line (permanent insurance, premiums level for life), you'll see that in the early years, the whole life premiums far exceed the actual cost of insurance — the company is taking in premiums far higher than they need.

Yearly renewable term is a one year level death benefit policy which is renewable each year at a higher premium.

The premium for this policy is a little higher than that of the initial premium of the yearly renewable term policy but it remains level for the entire 5 year period...

In 2016, the average yearly premium for a car owner in West Virginia was around $ 1,456, a bit higher than the national average, which was $ 1,347 at the time.

The insurance agent promised me a higher amount while purchasing the policy & now I realize that the maturity amount after 16 years (2028) is only 1745000.00 which is much lesser that the amount promised.I went back to the insurance agent & he tells me that you can surrender the policy post paying all the 16 yearly premiums till 2028 & receiving the maturity amount of 1745000.00 & you will inturn get 5L to 6L as your surrender amount as Jeewan Anand gives you a Life Coverage Insurance of 10Lakhs which you are claimimg.

The single premium or premium for only a part of the policy tenure are higher sums than the yearly payments but provide the assurance that once they are taken care of, the insured person will not have to worry again about the premium for the Term insurance return of payment plan.

This will ensure that your yearly premiums won't be too high and you won't be stressed financially.

If the insured dies, the Death Sum Assured which is higher of 10 or 7 times the yearly premium depending on the age of the insured or 125 % of basic Sum Assured is paid to the nominee provided a minimum of 105 % of premiums paid.

As the death benefit the death Sum Assured is paid which is higher of the maturity Sum Assured or 10 or 7 times the premium payable yearly depending on the age of the policyholder.

There is mode discount for yearly and half - yearly premium payments and for higher sum assured chosen

There is mode discount for yearly and half - yearly premium payments and for higher sum assured chosen by the policyholder.

Also called yearly renewable term, it guarantees coverage for one year, and can be renewed annually at a higher premium or converted to permanent life.

There are a few others worth mentioning, these are decreasing term life for your mortgage and yearly renewable term which is really a one year term that you renew each year at a higher premium.

Massachusetts yearly premiums are slightly higher than the national average.

The state is prone to some types of severe weather, and that may be why the average yearly Oklahoma homeowners insurance premium is higher than the southern state or national average.

North Dakotans can expect average yearly premiums right around the national average, although your specific premium may be slightly higher or lower depending on where you live in the state.

On the occurrence of the demise of the life assured during the term of the policy, the death benefit payable is higher of 105 % of the total premiums paid, or sum assured on death plus accrued guaranteed yearly additions plus vested compound reversionary bonus plus terminal bonus.

With a higher than average yearly premium rate, Massachusetts residents need to ensure they are protected by having a comprehensive Massachusetts homeowners insurance policy.

Insurance21 Replied: 02-12-2016 22:00:19 I would suggest 2 plans for you, Jeevan Lakshay 833, which will secure your family financial need by means of yearly income in case of your absence and second suggested plan is term plan which will provide high risk cover in low premium.