Sentences with phrase «in lump sum»

The death benefit is paid in lump sum or a monthly payment.
This plan offers $ 25,000 maximum amount in lump sum.
Children under the age of 15 years, however, qualify for at least $ 50,000 in a lump sum, with at least 50 % of the amount paid if the child survives the juvenile stage.
The benefits are paid in a lump sum and non-taxable, so beneficiaries are able to use proceeds as they wish.
This company will allow only one election per policy for terminal illness and the payment will be paid in a lump sum.
Accelerated death benefit rider — pays 92 % of the death benefit in a lump sum if life expectancy is less than 24 months.
How a chronic illness rider works is the policy owner can access a portion of their death benefit in a lump sum to cover expenses.
The payment will be paid in a lump sum.
$ 500,000 Term Life Insurance Term life insurance is a financial security product that pays out funds in a lump sum upon death of the insured.
Upon remarriage of the surviving spouse a payment of two years compensation is made in a lump sum before benefits end.
If, however, a settlement is reached, the benefits may be paid in a lump sum at a «present value» rate.
While a majority of personal injury settlements are paid in a lump sum, a structured settlement is a legal settlement paid out as an annuity — over time — rather than in a lump sum.
The question then becomes whether the plaintiff should receive the net settlement in a lump sum, or whether some part of the net settlement should be «structured.»
As a result, with larger settlements, it is often beneficial for a plaintiff to take a portion of the settlement in a lump sum and use a portion of the settlement to purchase a structure.
If entitled, terminated employees are to be paid severance in a lump sum amount equivalent to one week of non-overtime wages per completed year of employment up to a maximum of 26 weeks, within 7 days of termination.
If someone is awarded a lump sum from the DWP for asbestosis or pleural thickening and that condition later deteriorates, he / she can not apply for an increase in the lump sum.
In other words, if you need to set up a special needs trust for your personal injury settlement, you will not receive the cash in a lump sum.
Baroness Deech's Divorce (Financial Provision) Bill does not seek to put a cap in lump sum payments.
If your loved one was fatally injured at work, you may also be able to recover permanent total disability as death benefits for a period of time or in a lump sum amount.
The degree of your injury can also affect the type of compensation you receive, possibly leading to permanent disability payments which can be paid out to you over time or in a lump sum.
So develop a program offering a usage license or royalty fee for the life of the patent either payable in a lump sum, as annual payments or as monthly payments to make it easier for the infringing party to budget for.
In our example, the government should set the tax less than $ 20 / ton — perhaps it should only be $ 10 / ton (if receipts are returned to citizens in lump sum fashion).
For example, we have already said that the tax interaction effect might reduce the «optimal» Pigovian tax from $ 20 / ton down to $ 10 / ton, if the receipts are distributed in lump sum form back to citizens.
iNSIDERS can elect to contribute annually in a lump sum, or monthly using auto pay.
Each Circle of Hope member makes a tax - deductible gift of $ 2,400 or more per year with a minimum one year commitment (payment can be made in a lump sum or by a monthly payment of $ 200).
(Note that the Fixed rate requires borrowers so pull all funds available in a lump sum so it is not the best option for everyone.)
Two, rates are comparable to traditional mortgage with both fixed and variable rates available depending on how you prefer to draw funds, whether in a lump sum or in smaller monthly stipends like an annuity.
An Iver Capital payday loan debt settlement is a negotiation made between the party who borrowed the money and the payday lender that the borrower will pay back a (usually greatly) reduced amount of the total debt in a lump sum or over a period of time.
A contract sold by a life insurance company in which an insured makes contributions into a fund that can then be withdrawn in a lump sum or a series of future payments.
The payment can be paid upfront in a lump sum or blended in installments with your regular mortgage payments.
After payments begin, recipients have the option to sell all or a portion of their structured settlement payments to a third - party funder, such as a structured settlement / factoring company, in order to access cash in a lump sum.
If you have less than 10 years of creditable service or no eligible survivor, any contributions remaining in the retirement fund are paid in a lump sum (with interest) to your designated beneficiary or an individual in order of precedence as set by law.
It also displays this cumulatively to show running totals of how much more money will be needed in a lump sum both now, and at the year the first investor retires.
With debt settlement services your creditors will not get paid on a monthly basis, but rather in lump sum payments at the time when settlements occur.
QUESTION: Nigel says his father just received his retirement in a lump sum of $ 90,000.
You can never get the money out in a lump sum format.
I can either pay $ 2495 in a lump sum payment, or $ 997 over 3 x monthly installments.
They take a portion of the anticipated income stream, and pay it in a lump sum to their agents as a commission.
By comparison, a typical workplace plan offers one to two times your annual salary, typically in a lump sum.
I have the ability to pay off up to 15 % ($ 18,700) of the original mortgage annually in a lump sum without fees.
The rules governing how much borrowers can increase payments or put down in a lump sum vary depending on the mortgage contract, so it's important to read the fine print.
With 27 years left on the loan, we'll need to start making early payments now, pay it off in a lump sum in the future, or do some combination of the two.
A standard fixed annuity is an insurance contract that allows an individual to pay premiums — either in a lump sum or by monthly installments — and obtain set income payments for life.
A life insurance policy for your child can protect you from financial ruin by providing enough cash to pay off the debt in a lump sum.
I can tell you that all the research says that you're better off investing all of your cash right away in a lump sum, rather than dollar cost averaging it in over a lengthy period.
If you did tackle the old debt you might want to consider settling them for a portion of the balance and pay that in a lump sum.
HELOC funds can be drawn when you need the money instead of taken in a lump sum, as is common with second mortgages, which also are called home equity loans.
Some retirement plans require that a deceased employee's account be distributed in a lump sum.
In a deferred fixed annuity, you may elect to withdraw your money in a lump sum or you may want to select a lifetime income option, which provides you with a flow of income that you can not outlive.
You can't access that calculation in a lump sum, or peel off the interest.
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