Sentences with phrase «insurance as a single person»

That's why it's a good idea to still have life insurance as a single person.

Not exact matches

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

As a single person, you know how important it is to manage your own finances well, and this involves getting the best deal possible on your insurance coverage.

As a single person you might determine that you don't have a great need for life insurance.

File - and - suspend also could function as a kind of insurance policy for people, whether they were married or single.

Lack of knowledge is often cited as the single most important reason that people don't have Poughkeepsie, NY renters insurance.

Annuity arbitrage tries to accomplish the same goal with the simultaneous purchase of a life insurance policy and a single premium immediate annuity (also known as a lifetime income annuity) on the same person, but from different carriers.

Although not further explored in this article, it should be noted that SLPs are also frequently used as vehicles for investment in Lloyd's, as their separate legal personality enables them to become «names» along with limited companies and individuals (that is, legal persons that carry on a single business of underwriting insurance).

While undoubtedly, you will require less coverage that someone who has a family to support, there are some important benefits of having a life insurance, even as a single person.

Life insurance is important for single people as well.

The insurance industry in China was nationalized in 1949 and thereafter offered by only a single state - owned company, the People's Insurance Company of China, which was eventually suspended as demand declined in a communist envinsurance industry in China was nationalized in 1949 and thereafter offered by only a single state - owned company, the People's Insurance Company of China, which was eventually suspended as demand declined in a communist envInsurance Company of China, which was eventually suspended as demand declined in a communist environment.

There are many ways as a single person that you could use life insurance to take care of financial obligations that might potentially burden those you love should you die unexpectedly.

With this minimum amount of liability coverage, your insurance company will pay up to $ 15,000 for injuries sustained by an individual that suffers bodily injury as a result of your actions while driving a vehicle and up to $ 30,000 for all persons injured in a single accident that you were found to have caused.

Many people buy life insurance while they are single and name their parents or even grandparents as beneficiaries.

To accomplish this, companies give the best deal to clients who will use their company to insure all three main lines of insurance, as people who buy one type of insurance usually have additional items that need insuring and end up paying much more in total annual premiums than the single - line customer who only insure a car or a house.

Most people think of life insurance as only insuring a single life.

As per the state insurance laws, all motorists must maintain a minimum coverage of $ 30,000 per injured person in a single accident up to a sum of $ 60,000 for the combined bodily injury expenses of two or more persons involved in any single accident.

A lot of people are also known to look for single premium insurance plans as it is far more cost effective than the regular recurring ones.

As life insurance is primarily geared toward those who have families and mortgages, are there any instances when a single person should consider purchasing a life insurance policy?

As the name itself suggests, a group term life insurance is designed to offer life insurance to a group of people under a single policy.

If you buy the minimum coverage, such as 10 / 20/5, then your insurance company will pay out $ 10,000 for a single person's injuries and $ 20,000 total for the injuries of two or more people combined.

Regarding marital status, married people are seen as more responsible and stable than singles, and thus pay lower auto insurance rates.

This type of insurance is either seen as appropriate for either single people or married couples; however, as more unmarried couples are increasingly sharing residences, then it is actually practical to share an Austin renters insurance policytogether too.

This type of Austin rental insurance is either seen as appropriate for either single people or married couples; however, as more unmarried couples are increasingly sharing residences, then it is actually practical to share a renters policy together too.

In the midst of the custody battles, divvying up assets, searching for a new home, ensuring the children adjust as smoothly as possible and just generally re-acclimating to life as a single person, figuring out what to do with life insurance sometimes falls by the wayside.

However, many people find that their insurance rates as a couple are lower than their combined insurance rates as two single individuals.

Similarly, married persons are held by insurance companies as more responsible drivers than single persons.

If you are married your insurance dues will surely be low as compared to a single person.

Research has long suggested that saying «I do» to a significant other is similar to saying «I do» to better health.1 Married people — especially married men — report better health and live longer than single people.2, 3 But marriage itself is not necessarily the reason for these differences; there are many explanations for the health benefits of marriage including increased social support, improved health behaviors by folks who are married, more positive attitudes about health by the married, as well as the benefits of having a partner to help provide health insurance.4, 5