Sentences with phrase «if one's financial situation changes»

It's the buffer that shows mortgage lenders you can cover upcoming mortgage payments even if your financial situation changes.

A possible disadvantage is that the premiums of a variable life insurance policy generally are fixed and can not be adjusted if your financial situation changes.

You may agree on alimony now but could disagree later on if your financial situations change.

This value can be wholly or partially surrendered for cash or converted to an annuity at any time, or it can be used to cover your premiums if your financial situation changes.

For example, you can increase its death benefit if your financial situation changes with the birth of another child or a new business venture.

The numbers will change if your financial situation changes.

It's the buffer that shows mortgage lenders you can cover upcoming mortgage payments even if your financial situation changes.

A possible disadvantage is that the premiums of a variable life insurance policy generally are fixed and can not be adjusted if your financial situation changes.

On the other hand, there is no way to lower or change your premiums if your financial situation changes.

So, if your financial situation changes over time and you want a greater amount of coverage, you would be able to increase your policy's death benefit without demonstrating your insurability.

Remember that signing up for a repayment plan such as IBR does not mean you have to stick with it forever; you can always reevaluate in a few years if your financial situation changes.

Your assets remain in your control during your lifetime and you have the peace of mind of knowing you can modify your bequest if your financial situation changes.

There are large penalties if you break them, and there's little flexibility to renegotiate if your financial situation changes.

If your financial situation changes while your IVA is still active and as a result, you find yourself no longer able to keep up with your agreed monthly payments, the first thing you should do is to contact your insolvency practitioner.

So if your financial situation changes, you can always adjust your pre-authorized contribution amount.

Setting up your own account protects you by giving you your own history of how you handle debt, to rely on if your financial situation changes because you are widowed or divorced.

Fourth, you might trim your stock holdings if your financial situation changes and you can no longer afford to take so much risk.

If you no longer need life insurance and are sufficiently well, or if your financial situation changes where you can no longer pay the premiums, you can always surrender the policy rather than let it lapse.

If your financial situation changes over time, your refinanced loan terms may not work for you any longer.

Remember that signing up for a repayment plan such as IBR does not mean you have to stick with it forever; you can always reevaluate in a few years if your financial situation changes.

If your financial situation changes, please submit a new application to the school.

If your financial situation changes, you can surrender the policy and receive its cash value back from the insurer

This means that if your financial situation changes that payments can be lowered in interest rates adjusted if need be.

The IRS also allows you to re-characterize your Roth IRA back to a traditional IRA, which may be valuable if your investment value declines further down after you have done the conversion or if your financial situation changes and you do not want to pay your tax bill that year, as you can recoup the taxes paid for the conversion.

If your financial situation changes, you can always change your goal, too, moving it forward or backward as circumstances dictate.

Still, if your financial situation changes, the ability to change the death benefit amount within your policy is appealing.

Refinancing may also be difficult at a later time if your house declines in value or if your financial situation changes and you can't get approved for a loan.

Still, if your financial situation changes, the ability to change the death benefit amount within your policy is appealing.

But what many don't realize is that this subsidy is speculative — if your financial situation changes, so does your premium subsidy.

So, if your financial situation changes over time and you want a greater amount of coverage, you would be able to increase your policy's death benefit without demonstrating your insurability.

If your financial situation changes, or if you retire and have a fixed income, having the ability to reduce your policy for affordability may prevent you from losing coverage altogether.

If your financial situation changes, you can surrender the policy and receive its cash value back from the insurer

If your financial situation changes, or you haven't budgeted for those higher payments, you could have difficulty making payments and could lose your house to foreclosure.