The premiums that are ongoing should be low enough that the purchaser can
keep the policy until he can find a suitable buyer, which means that policy should be affordable to the settlement agency to buy it from you and to sell it to another buyer.
So, if we consider a policy with a 10 - year benefit length, then you can
keep that policy until age 65 (and possibly beyond), however, a claim can only be made for a maximum of 10 years.
Finally, in our example — which uses actual quotes — if we assume Melanie
keeps the policy until she turns 65, she would save about $ 7,500 in premiums if she buys when she's 25 instead of 45.
If you have a policy, you can
keep the policy until you are 100 years old (hopefully, we all reach that point).
This is a very clever move which will force the policy owner to
keep the policy until the end of the term period in order to get back his or her money.
If you have a term insurance policy, you can just
keep the policy until the term ends, as long as you have enough cash to pay the premiums, or let it drop and use the money for a more pressing need, such as paying for long - term - care coverage.
«One of the things most people don't know about is that if every life insurance policy holder
kept their policies until the end, the companies wouldn't do as well as they do,» Bet - David says.
Whole life insurance is known as permanent insurance because you can
keep this policy until your death even if this should occur at age 100 or later.
The other thing they don't talk about is the fact that if you do happen to borrow from the cash value (which doesn't accumulate very quickly), you either have to pay it back or the loan plus interest will be deducted from your death benefit if
you keep the policy until then.
They'll
keep your policy until the payment due date not to give you your funds back.
Not exact matches
«This would allow policymakers to focus their efforts on absorbing the still elevated excess capacity in the economy,» she said, adding that she expects the central bank will
keep its trendsetting
policy interest rate at one per cent
until mid-2015.
That is putting downward pressure on inflation and likely will
keep the Bank of Canada from raising its
policy rate
until some time in 2018.
«This
policy is different, I think it will have the desired effect because it is open - ended and they intend to
keep that
until they achieve their target.»
Non-disclosure
policy: The Defense Alliance will
keep any information that you submit private
until your organization is accepted as a member.
Saudi Arabia is likely to continue its
policy of maintaining high crude production, which
keeps oil prices from rebounding
until high - cost producers like U.S. shale frackers curtail output, Kilduff said.
until wenger really stresses on defending and forgoes this «attack the whole game»
policy, arsenal do nt stand a chance to win major honours.also do
keep in mind, attacking whole game drains out the players.better to put handbrake on and play when team has a 2 or 3 goal lead focussing on
keeping posession and positioning... but i guess wenger will always go for the «u score 3, we score 4».
Absent a league - wide
policy or decision - making body in situations like this, I'm okay with the team
keeping him
until it plays out further, even if they look like bad guys in the process.
In a new
policy published in the April 2011 issue of Pediatrics (published online March 21), the AAP advises parents to
keep their toddlers in rear - facing car seats
until age 2, or
until they reach the maximum height and weight for their seat.
A
policy that helps children share The
policy I like best about helping children share disputed items is that the child who has the item gets to
keep it
until he's done.
But while the Conservative manifesto explicitly states the
policy would be
kept until 2020, increasing talk of an early general election calls into question whether it will remain a commitment for as long as many will have expected.
Let's
keep that big picture in mind as we strive to take on the biggest political challenge of our (and possibly any) generation, because
until enough people are aware of that, all the wonky
policy detail about which «actions» are needed, will count for nothing.
It should not be an inconvenience for Ministers to come here and tell the country about important
policy: it should be an honour and privilege to
keep the information to themselves
until they have told Members of this House.
It argues, in short, that the governor does not have the power to enact
policy through an emergency extender, which —
until Paterson — was traditionally used to
keep government running in the absence of a budget deal.
The UK has also ceased all other bilateral business with Iran
until the personnel are released and will
keep its other
policies towards Iran under review, the foreign secretary said.
Until the state changes its
policy, local efforts have been underway to lower the number chargeback fees accrued by
keeping students here in Erie County.
«Do you believe that the
policy of routinely closing schools after what seems in a lot of cases deliberate
policy by the department to let these schools deteriorate
until they are not worth
keeping open, do you think that is
policy that should be part of your vision?»
Revelation: It was also claimed this weekend that Ms Sturgeon has privately vowed to
keep voting down an Ed Miliband Budget
until he agrees to her party's
policy demands
«If going to court is the only way to force the administration to abandon this reckless
policy, then we will fight
until the 40,000 homeless people who look to shelters to
keep them from the streets no longer have to worry that they'll be turned away,» the speaker said in a statement.
It was also claimed this weekend that Ms Sturgeon has privately vowed to
keep voting down an Ed Miliband Budget
until he agrees to her party's
policy demands.
Though he lost a close race for the governorship to incumbent Lawton Chiles in 1994 (the same year brother George won the Texas gubernatorial bid), Bush set up a nonprofit, the Foundation for Florida's Future, which would
keep him focused on public
policy and education
until the next election, in 1998, which he won handily.
Senate Bill 97 required 96 districts to adopt a
policy to
keep students in school
until they turn 18 or graduate to trigger statewide implementation within four years.
State Superintendent of Schools Tom Torlakson confronted federal authorities about the federal
policy which has up
until now
kept authoritiesRead More...
Once you choose your, you will pay a premium to the life insurance company to
keep the
policy in force
until the end of the defined term, or the end of your life, whichever comes first.
We will pay all the future premiums on your behalf and
keep your
Policy cover in force
until Maturity.
But with the Fed's intention to
keep its zero - interest rate
policy in place
until at least mid-2015 and other major central banks, including the European Central Bank, flooding their economies with liquidity, that all might change.
In other words, with whole life you can
keep the coverage
until you die and you probably won't pay premiums on the
policy later in life, particularly if you chose limited pay life insurance.
Whole life is permanent and the
policy remains in force
until a person dies, as long as premium payments are
kept current.
They made the right choice
keeping the
policy even though they hadn't had a loss
until now.
Or maybe you've decided, like us, that it makes more sense to
keep your retirement investments separate from your life insurance, and you want to switch over to a lower cost term life
policy that will protect your family
until your child is through college.
Keep in mind that the insurance company's duty to defend you basically lasts
until the
policy limits are exhausted.
The longer you
keep the
policy, the more the cash component increases
until it eventually comprises all of your death benefit.
The money that is used to purchase the contract is placed into an escrowed trust account — typically an irrevocable trust — and that money makes premium payments to
keep the life insurance
policy in force
until the insured dies.
But if you neglect to pay your premiums yourself, your
policy will be
kept in force by the cash - value component, gradually depleting it
until the
policy lapses entirely.
You'll pay monthly or annual premiums to
keep the
policy in force, and it will stay active
until the end of your life as long as you
keep paying the premiums.
We do need to take every possible precaution to
keep ALL cats and kittens safe, which is a valid argument used by many «experts» for charging a substantial adoption fee; also, to offset a portion, at least, of the cost of sheltering (feeding, innoculations, exams, etc.)
until adoption, many shelters have that
policy.
Ask about their adoption
policies, including how long they will
keep your pet
until she is adopted.
Until we objectify the problem in public
policy, we'll
keep having babies and pile bones around us.
And we will
keep on being a victim to shifts in the oil market
until we finally get serious about a long - term
policy for a secure, affordable energy future.
Ambitious energy efficiency
policies can
keep global energy demand and energy - related carbon - dioxide (CO ₂) emissions steady
until 2050, according to a new report by the International Energy Agency.
Barring a dramatic slump in the Chinese economy (even more than we have seen
until now), oil and gas consumption are bound to
keep growing in the medium term, on the back of increased transport demand and government
policies to increase gas consumption to stem air pollution from coal burning.