Sentences with phrase «in event of death»

The Huffington Post reported that despite tough economic times and tightened household budgets, families must invest in life insurance to prevent further economic burden on surviving loved ones in the event of a death.

That person would receive the benefit in the event of your death or dismembering injury while traveling.

A life policy can help to provide for a special needs dependent in the event of your death.

2016 — Top 10 Life Insurance Companies Life insurance helps you provide for your loved ones in the event of your death.

Life insurance is designed to protect those you care about and give them the financial stability they need in the event of your death.

One can assume that «most» folks who end up purchasing a term or whole life insurance policy do so, so that their loved ones would be protected «financially» in the event of their death.

Life insurance offers financial protection in the event of a death.

The contract agrees to pay out, a specified amount of money, in the event of the death of the insured person to a listed «beneficiary.»

Insurable Interest: The existence of potential financial loss on the part of the policy owner and / or beneficiary (s) in the event of the death of the insured.

In the event of your death during the period of the term, the insurers will make a payment to your beneficiary of the face amount.

Many homeowners worry about leaving behind a huge debt in the event of their death or a disability resulting in the inability to work and thus draw the same amount of income.

A Mortgage Protection Life Insurance policy or Mortgage Term policy helps guarantee your family or loved ones a TAX FREE benefit in the event of your death that they may use to:

-- Protect lost wages in the event of a death?

For spouses, this is an excellent option as it allows one to gain death benefit protection in the event of the death of the other while at the same time increasing the monthly pension payout at retirement.

So, in the event of your death, your loved ones might struggle to keep your home.

You would rather buy that car than invest in something that will protect your loved ones in the event of your death.

An insurance policy provides a tax - free lump sum to a named beneficiary that could be used towards funding college in the event of the death of a parent.

To illustrate, suppose Bob has a term life insurance policy that covers him financially in the event of death until the age of 40.

By buying in a term life insurance policy, you seek to provide a safety net for your family in the event of your death.

In the event of death, your beneficiary can choose to spend the benefit however he or she sees fit.

Business Continuation Insurance Life or disability coverage intended to help a business remain operational in the event of the death or disability of an owner.

In such a term insurance plan, in the event of death, the claim amount is divided in equal installments and paid over a fixed period of time.

Typically you would choose to buy a term life insurance policy to protect your family from financial hardship in the event of your death.

With term life insurance, in the event of death, the beneficiary generally receives the death benefit income - tax free.

Like all life insurance, term life insurance no exam policies provide financial security for your loved ones in the event of your death.

Certainly the primary reasons to obtain — or maintain — life insurance over age 50 include protection for your family, and protection for your business in the event of your death.

Nothing is more important to your family than YOU, but life insurance can help replace your financial impact, in the event of your death.

Whether it's through a buy - sell agreement, key employee insurance, or even executive bonus plans, you need to have full control of your business and you need to know what happens in the event of the death of a key figure and this is something Southern Farm does very well.

What good is paying cheap premiums if they never pay out in the event of your death?

Having this rider attached to your life insurance policy can give your family greater peace of mind in the event of your death due to an accident.

In the event of your death, the mortgage life insurance policy covers your home mortgage loan to the bank and your mortgage is fully repaid.

In the event of death, the proceeds are distributed to your beneficiaries generally income tax - free.

Typically lenders just want their stake secured in the event of death and term policies are often fine.

The ABA Standing Committee on Ethics and Professional Responsibility's Formal Opinion 92 - 369 on Disposition of Deceased Sole Practitioners» Client Files and Property (December 7, 1992) dictates that all solo attorneys have a plan in place in the event of their death or incapacitation.

People expect Google to keep their information safe, even in the event of their death... We recognise that many people pass away without leaving clear instructions about how to manage their online accounts.

If there is support to be paid, it is important to ensure that there is a plan in place for that support to continue in the event of the death of the person who is paying support, called the «payor», prior to the termination of support obligations.

Learn about having a contingency plan in place for your practice in the event of death, illness or disability.

If you want to protect your beloved in the event of death so long as you are a successful couple, but not to waive an interest in your valuable assets if the relationship fails, use a revocable trust!

In the event of the death of one of the parties, the agreement may include inheritance rights.

A prenuptial agreement (or premarital agreement) is an agreement between prospective spouses that deals with their property rights in the event of death, divorce or both.

While many people think a simple will is enough to protect their best interests in the event of death, the reality is estate planning law can be incredibly complex.

We can create or update your will and powers of attorney to declare your wishes and guide your loved ones in the event of death or incapacity.

A prenuptial agreement (or premarital agreement) is an agreement between prospective spouses outlining their property rights in the event of death, divorce or both.

In the event of the death of the victim as a result of an act of torture, his dependents shall be entitled to compensation.

When advising on the terms of a financial settlement / consent order, clients should be advised of the possibility that an ex spouse may be able to pursue a claim for financial provision from their estate in the event of death if they continue to live, or resume living together, after they have legally separated.

Common economic damages include medical bills, ambulance costs, rehabilitation, prescriptions, nursing care, lost wages, loss of future wages, and, in the event of death, funeral costs.

In the event of your death the proceeds of your insurance is automatically used to pay off your mortgage.

If you have recently added to your family, you should revisit your estate plan to ensure you are taking full advantage of wealth transfer opportunities and protecting your assets in the event of death.

In the event of death, is the estate of your ex-spouse still obligated to pay you spouse support?

If one or both of the spouses have children from a prior relationship, a prenuptial agreement can be used to structure a situation that could protect the children from the prior relationship in the event of the death of their parent.