Sentences with phrase «in the life insurance policy as»

At the time you purchase a life insurance policy, your insurance representative has an obligation to explain all of these clauses and policy conditions to you, as well as other exclusions in your life insurance policy as part of the purchasing process.

If You are Listed in a Life Insurance Policy as a Beneficiary Along With a Person That is Deceased, Who is Awarded the Benefits?

When a charity is named in a life insurance policy as the beneficiary, the policy owner pays the premiums.

Not exact matches

CBA is seen as a stable part of life in the country of 24 million where most people have had a mortgage, insurance policy or regular savings account with CBA at some point - often starting with its famed «Dollarmites» deposit account for school children.

Add up the balances in your 401 (k) s, IRAs, 529 college savings plan, emergency reserves and estimated Social Security survivor benefits, as well as any existing life insurance policies (perhaps through your employer).

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

A life insurance policy loan is just a loan from the insurer in which the cash value of your policy is used as collateral.

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

A renters insurance policy (known as an HO - 4) insures tenants living in almost any type of residence, including a manufactured home.

Universal life insurance is a flexible type of permanent life insurance policy in which the death benefit and premiums can be adjusted as your circumstances change.

As an indexed universal life insurance policy, Lifetime Builder Elite calculates and credits interest based, in part, on the upward movement of major stock market indices.

Suncorp may offload its life insurance division or switch to selling policies from other insurers as it became the latest financial services giant to be caught up in the turmoil smashing Australia's life insurance sector.

Since the growth of your policy's cash value is tax - deferred, variable life insurance might be a good consideration if you've maxed out your retirement account contributions, have a sizable portfolio of more liquid assets (such as in your brokerage and savings accounts), and are looking for an additional investment vehicle that also offers coverage to your dependents should anything happen to you.

Understandably, different churches practise it differently via salary structure, or some other mechanisms such as periodic love gifts, etc. (In the early church, salary structure as we know it today probably wasn't invented, just like computer, modern musical instruments and life insurance policy.)

Realizing that such an award would be rejected out of hand by a judge, Sparks moderated her demand, and Payton agreed to contribute $ 5,550 a month in child support, establish a $ 175,000 college trust fund and purchase a $ 1 million life insurance policy naming the child as beneficiary.

A study published in the International Journal of Obesity showed that nearly half of people diagnosed as obese using BMI measurements are actually healthy, leading some to believe that there is no value of a BMI measurement at all, except for life insurance policies to increase premiums.

Radiocarbon dating (also referred to as carbon dating or carbon - 14 dating) is a method for determining the age of an object containing organic material by ENDOWMENT INSURANCE PLAN: 14: Features of Plan: This policy not only makes provisions for the family of the life assured in the

In Killer Joe dimestore drug dealer Chris puts a hit out on his mother for her life insurance policy and offers up his sister to the hitman as collateral.

When Barri discovers Sylvia dead in her apartment, it sets off the murder mystery plot of the film, as she begins to suspect Sylvia's son Anthony (Kevin Corrigan, almost doing his best Christopher Walken impression) of foul play for the life insurance policy.

Every person who acquires a life insurance contract or any interest in a life insurance contract in a reportable policy sale during any taxable year shall make a return for such taxable year (at such time and in such manner as the Secretary shall prescribe) setting forth --

This is when Coverage D in your home insurance policy kicks in, better known as loss of use (LOU) or additional living expenses (ALE) coverage.

In a nutshell, while most whole life insurance is fixated on maximizing the death benefit of a policy and just allowing cash values to grow over time, strategic self banking focuses on maximizing life insurance cash values, so the whole life insurance plan can be used strategically as a savings and personal financing vehicle for the purpose of recapturing your cost of capital incurred when having to deal with third party lenders or using your own cash.

The cash value accumulates over time and earns tax - Only cash value life insurance policies will count as an asset in most cases.

Therefore, if you are on the younger end of the age spectrum, you might want to consider purchasing something that will be in place for longer, such as a 30 year term policy or permanent life insurance policy.

As you go through this exercise, you should also consider what other resources you may have to fall back on, such as cash value in life insurance policies or home equity that you could convert to income via downsizing or a reverse mortgagAs you go through this exercise, you should also consider what other resources you may have to fall back on, such as cash value in life insurance policies or home equity that you could convert to income via downsizing or a reverse mortgagas cash value in life insurance policies or home equity that you could convert to income via downsizing or a reverse mortgage.

It's always best to seek the advice of your financial advisor, tax advisor or your insurance agent when you are buying a life insurance policy, naming your beneficiaries, and making any changes to your policy, as to whether those choices may result in tax consequences.

Policies such as variable universal life insurance combine components of the above, blending the investment flexibility of variable life with the ability to use the cash value to pay monthly premiums offered in universal life.

A life insurance policy loan is just a loan from the insurer in which the cash value of your policy is used as collateral.

As with flooding, if you live in an area at risk of this kind of damage, you should buy a separate earthquake insurance policy.

Life insurance can be bought either as a permanent life insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tLife insurance can be bought either as a permanent life insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tlife insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tlife (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of tlife insurance policy, covering a given period of time.

In addition, the Grow - Up Plan is similar to other whole life insurance policies in that it will often take three to four years before you have any cash value, as early premium payments are dedicated to paying the insurer's feeIn addition, the Grow - Up Plan is similar to other whole life insurance policies in that it will often take three to four years before you have any cash value, as early premium payments are dedicated to paying the insurer's feein that it will often take three to four years before you have any cash value, as early premium payments are dedicated to paying the insurer's fees.

Gerber's whole life insurance policies also can be purchased without undergoing a medical exam, so long as you are under 51 and are seeking less than $ 100,000 in coverage.

Term life insurance policies can be purchased to cover nearly any period of time, and will stay in effect for the entire period as long as you continue to pay the premiums (the cost of the policy, which can be paid on a monthly or annual basis).

As part of this commitment to best - in - class apartment community management, Peak Living and Effective Coverage have partnered to provide renters insurance policies.

The person living in the apartment still needs renters insurance for them as an individual, even if the company leasing the unit has a commercial policy.

Now that I've made my case for why I think Han Solo was a term life policy owner, let me suggest what might have happened if he had chosen the better option to invest in life insurance as an asset.

An independent agent in the Trusted Choice network who specializes in life insurance can help you review several different high quality companies, as well as the benefits of different types of life insurance policies.

As a bit of background, an annuity is a contract in the same way that a permanent life insurance policy is a contract.

Variable Universal Life Insurance ties policy growth to investments in the financial markets such as mutual funds or even hedge funds

As a result, under IRC section 7702 Congress passed legislation that created limits on the amount of money that can be put into a life insurance policy in a set period of time.

If you can afford to pay a little more for your coverage, you can lock in a rate on a permanent life insurance policy, such as whole life or universal life.

Investing in other life insurance policies such as universal life and whole life, which are designed to accumulate cash, have other problems.

This type of policy has a number of benefits as a life insurance solution, and can be used as a savings and investment tool in addition to providing death benefits to your beneficiaries.

The occurrence of a reorganization is highly unpredictable, as a result the potential for demutualization of some sort should generally not be a primary factor in determining what type of life insurance policy to buy.

Also, as permanent insurance, the cash value account in universal life grows tax - deferred and can be accessed by the policyholder in the form of loans or withdrawals, subject to any applicable policy provisions.

Also, flood insurance is nearly always excluded from home insurance policies so, if you live in an area that is prone to flooding, you will want to be sure to purchase an NFIP - backed flood insurance policy as well.

Variable Universal Life (VUL) is defined as a type of permanent insurance policy, in which the cash value can be invested into different accounts consisting, for example, of stocks, bonds and mutual funds.

Furthermore, a homeowners or renters policy pays for living expenses — such as hotel bills and restaurant meals — if you're unable to live in your home if it's been damaged or destroyed in a tornado, says Loretta Worters, a spokeswoman for the Insurance Information Institute.

Dave Ramsey has generalized whole life insurance, and never addresses the fact that a policy can be designed in such a way as to minimize costs and fees and maximize cash value growth in a tax incentivized environment.

As with most IUL policies, the primary benefit of IUL insurance is the early cash value growth, and the Accumulation IUL ranks as one of the best in class, competing with only Pacific Life and Lincoln National in terms of overall performancAs with most IUL policies, the primary benefit of IUL insurance is the early cash value growth, and the Accumulation IUL ranks as one of the best in class, competing with only Pacific Life and Lincoln National in terms of overall performancas one of the best in class, competing with only Pacific Life and Lincoln National in terms of overall performance.