Sentences with phrase «if policy benefits»

However, if policy benefits include an accidental death benefit rider, except this additional benefit, only the base insured sum assured will be payable.

And if the policy benefits are never used, their is a residual tax - free life insurance benefit to the named beneficiaries.

If your policy benefit period goes to age 65, then typically it will be guaranteed renewable to age 65.

If your policy benefit period goes to age 65, then typically it will be guaranteed renewable to age 65.

Not exact matches

If you have an international version of the card, rather than the US version, be sure to double check the guest policy for your card's Priority Pass benefit.

Whether it's a good policy or not, if more states adopted systems like E-verify, the cost - benefit calculation for immigrants from Latin America would look decidedly grimmer for the immigrant.

And if one person has domestic partner benefits for medical or dental through the other person's employer, that person will need to enroll in COBRA to continue coverage or buy another insurance policy.

If his successor pushes the same policy agenda minus the $ 50 - a-night Washington condo rentals, the benefit of getting rid of Pruitt will be merely symbolic.

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

While some remain defiant and plan to continue their work, one party in particular stands to benefit if the new policy restricts legal sales and pushes prices up — Mexican drug traffickers who see marijuana as a kind of cash crop.

This way, you're not locked into one airline if its policies change to provide fewer benefits.

But if you owned a partnership policy with a maximum benefit of $ 500,000, for example, you will be allowed to keep $ 500,000 of your assets after your long - term - care insurance runs out and still be eligible for Medicaid.

Research suggests that both companies and staff can benefit from open payrolls, if such policies are handled carefully.

The policy rationale is that if a company believes the tax relief would be temporary, it would make short - term investments to maximize benefits within the window while eschewing long - term investment that could reap benefits in the longer - term.

Large companies «need to attract and retain employees and they'd be at a competitive disadvantage if they stopped offering health benefits,» said William Kramer, executive director for national health policy for the Pacific Business Group on Health.

If structured correctly, Simmonds explained, the life insurance policy can benefit both you and the recipient of your gift.

The auditor general has found major flaws in the state government's Buy Local policy, with concerns regarding data collection leaving agencies unsure if the policy is benefitting local businesses.

If countries implement the right set of policies for their domestic welfare, the whole world will get to benefit.

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

The Canadian economy benefitted from a recovery in the US and the emergence of China as a major global economy There is a lot at stake and Canada will not be immune to the consequences if policy makers in the EURO area and the U.S. fail to take decisive action.

AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.

Policy can help to minimise adjustment costs and maximise the benefits that arise from commodity booms, but like any treatment, it is more likely to be successful if the original diagnosis is correct.

(Keep in mind, however, that withdrawing or borrowing funds from your policy will reduce its cash value and death benefit if not repaid.)

However, the policy only pays a death benefit if you die due to a covered accident, such as a plane crash or sudden fall.

¹ Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

(Warren went on to expound on how Trump's lack of financial transparency makes it borderline impossible to know if a policy will benefit him.)

There are certain market segments that are more sensitive to changes in monetary policy and may benefit if the Fed delays liftoff further.

While this makes term life insurance significantly less expensive than permanent life insurance, it also means that you will not receive any benefit if you outlive the policy.

Why, in circumstances where Canada's security, policies and companies are already as fully protected as they can be, do we maintain a net - benefit test that does not show a bottom - line impact on Canada, imposes an unnecessary burden on investors and gives Canada a dubious (if generally undeserved) international reputation?

However, this benefit is available only if you've paid enough into the policy that it has a sizable cash value.

Consult your investment professional to find out if this whole life insurance policy, which features a death benefit, is the right product for your financial situation.

Further, if the death benefit exceeds the policy cash surrender value, the proceeds received by the beneficiary after the client's death will also be income tax - free.

Enacted in 2003 as part of legislation providing drug benefits under Medicare, the tax preference is only available if the individual purchases a high - deductible health insurance policy.

If you work for a company that does not offer a qualified retirement plan (or does not offer a life insurance option in an existing plan) or if you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plaIf you work for a company that does not offer a qualified retirement plan (or does not offer a life insurance option in an existing plan) or if you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plaif you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plan.

This strategy is appropriate if you want to maintain access to the policy's cash surrender value during your lifetime but want to leave the death benefit proceeds to charity.

In addition, some mortgage protection policies will only pay a death benefit if you die from an accident, similar to accidental death insurance.

If you were to die before paying back your policy loan, the loan balance plus interest accrued is taken out of the death benefit given to your beneficiaries.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in 12 - 24 months or less to live.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

Many life insurance policies come with the option of accelerating a portion of your death benefit if you become terminally or chronically ill.

For example, if you have a 30 - year mortgage for $ 300,000, you can purchase a term life insurance policy with a matching death benefit and term length.

If you die during these years, the term policy is there to provide a lump sum death benefit to your survivors.

If you are diagnosed with an illness after purchasing coverage, the insurer will pay you a portion of the policy's death benefit.

If a partial benefit payment is claimed, the life insurance policy can continue with a reduced death benefit and lower premiums.

However, this means that if something happens down the line that causes the owner of a policy to not want their initial beneficiary to receive their death benefit (such as divorce), it'll still go to the beneficiary they chose during their application.

If the entire benefit is claimed, the policy is then terminated.

This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.

If either a business or a society pursues policies that benefit its interests at the expense of the other, it will find itself on a dangerous path.

In the creation of this act, it was suggested that insurers should be able to offer accelerated benefits to policyowners if they discover the policyowner plans on viaticating, or selling, his or her policy.

Banner Life's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or less.