Sentences with phrase «insurance purposes then»

If people WILL NEVER BUY a policy only for insurance purposes then let's change their perception & viewpoint, for their good.

Not exact matches

If you avail a life insurance plan with inadequate sum assured then the entire purpose of securing your family is defeated.

If the purpose of the permanent life insurance policy is for death benefit only, then a 1035 typically will have no benefit.

Using cash value life insurance for this purpose, then offers a secure source of tax advantaged financing as also discussed.

Aaron Street: Yeah, I guess rather than an analogy to cars I think maybe a more useful way of thinking about this is more like an insurance sales person or even more a financial advisor, wealth manager, where you are engaging them for the purpose of giving you advice and it turns out that their business model, though it involves giving advice, also includes things like selling you product and this isn't to denigrate law firm IT consultants, or tech consultants in general, it's just to make sure that people are aware of how their business model works and then to make sure that you're using them in a way that acknowledges that.

If the purpose of buying a term insurance plan is to cover large debts or loans, such as a home loan, even then going beyond retirement age is not ideal.

So, if you need coverage quickly — such as for the approval of a loan or other similar purpose — then going with a no exam life insurance plan may be a good option for you.

If you occasionally use your personal car for business purposes such as transporting clients, going to and from meetings or hauling business equipment, then you will more than likely need to extend your personal car insurance to cover your business use as well.

A very common strategy with ILIT's, is to use your annual gift tax exclusion to effectively remove assets from your estate and the trustee can then use the funds to purchase a life insurance policy for the sole purpose to pay your federal estate tax bill.

When someone puts money into a life insurance contract for the purpose of growing their cash value, then the goal is actually to buy as little life insurance as possible.

So, as long as the train you are traveling on during your trip is operating under a valid license for the purpose of transporting passengers for a fee, then your travel insurance coverage will provide benefits.

If such a credit has been issued, then you would have not experienced financial loss, which is the purpose of the insurance plan you purchased.

If you are looking for insurance information for a commercial purpose (for example, if you are an insurance agent), you may not use SimplyInsured to find information and then use that information to bind policies through another website or service.

This was related to the financial crisis of 2008 because hedge funds and others allegedly helped produce bad subprime mortgages on purpose so that they could buy insurance on them, and then profit when the home buyers failed to make payments.

If you were medically stable during the look - back period, then your medical conditions would not be considered pre-existing conditions for travel insurance exclusion purposes.

These thefts are engineered on purpose so that they can then claim theft insurance from their auto insurers.

However, if you need life insurance for such things as estate purposes, inheritance taxes, business reasons, or to set up a trust or donate to a charity, then you might be better advised to look at some other form of permanent insurance plan such as whole life or a universal life insurance policy.

While the person has enough income to live off of and then money left over they make the decision to purchase an insurance policy that will serve the purpose to leave a sizable inheritance to their heirs.

If the purpose of buying life insurance is to pay estate taxes, then you'll need permanent life insurance, which is in - force as long as you live and pay the premiums.

If the purpose of the permanent life insurance policy is for death benefit only, then a 1035 typically will have no benefit.

However, if you are driving your own vehicle to and from work without using it for commercial purposes, then it would only be covered by your personal auto insurance policy.

If your purpose is insurance then you should go for term insurance plan.

If a person already has term and or whole life insurance policy, then final expense serves a very specific purpose.

If you intend to use your car for commercial purposes, then you should buy a commercial car insurance policy.

If it does not, then during medical emergencies, you may end up bearing a major chunk of the medical expenses, thus defeating the very purpose of a good health insurance plan.

Although if you are buying a term insurance for saving income tax, then your purpose may not be 100 % achieved as the premiums of any term plan is very less.

Using cash value life insurance for this purpose, then offers a secure source of tax advantaged financing as also discussed.

This is when someone partners with an investment firm to «doctor» their medical report to improve their health on paper and then buys a life insurance policy they otherwise would not have been able to get, for the purpose of selling it to an investor.

If the death claim proceeds are not received by the nominee of the insured (assuming the policy is in premium paying status) then the entire purpose of premium payment and buying an insurance policy goes in vain.

1) Assume that we consider 15K for term insurance plan (like my friend taken at ICICI) and balance as investment purpose, then max new York is paying 0.6 % per annum as returns for balance amount (Rs 59,000) which is very low.

If you have a small savings set aside for just this purpose, then even your Des Moines renters insurance deductible will not be as stressful to come up with.

When it comes to buying an Insurance policy for protection purpose, then there is nothing better than a pure Term Plan.

Many owners make a photo or video record of the home and their possessions for insurance purposes and then keep the records in a safety deposit box.