Sentences with phrase «keeping the policy in»

For months, the market had been pricing in a win by Clinton, and the idea that a Republican controlled Congress would keep her policies in check placated normally Republican Wall Street.
Though Mayor Michael Bloomberg had warned of great chaos if the law was not renewed, his allies on the Board of Education kept his policies in place and the law was eventually renewed, with tweaks like giving the Independent Budget Office more oversight over spending.
That does not mean that keeping a policy in force has not impact on your rating.
Just because one of your relatives kept a policy in force for decades, does not mean that it remained in force when he or she passed away.
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.
You only need to pay your premium each year to keep the policy in effect.
If you fund the contract with more premium than is necessary to keep the policy in force over any seven - year period, the life insurance policy fails the seven - pay test.
The policy also offers an overloan protection benefit that will keep the policy in force when excessive loans are taken.
A car insurance premium is what you pay regularly to keep your policy in force.
If your lease requires renters insurance, you need to make sure that you keep a policy in force.
Policy loans or withdrawals will reduce the policy's cash value and death benefit, and may require additional premium payments to keep the policy in force.
There are many good ways to keep your policy in force so that you don't even have to worry about trying to backdate renters insurance.
* Of course, depending upon policy performance and factors such as loans and withdrawals, the policy may require a minimum premium (s) to keep the policy in force.
Monthly or annual payments, called premiums, are required to keep the policy in force.
What this really means is that if the base premium of the policy is not paid, and there is cash value in the policy, then the cash can be used to pay the base premium in order to keep the policy in force.
Protection for your entire life (provided premium payments are timely made to keep the policy in force)
There are a number of other ways to make sure you get good tenants who will keep their policies in force, but when they refuse to get renters insurance that's required throughout the entire building, that's a bad sign of a tenant you don't want to be hassled with.
One way or another, it will cost you more money to be without the coverage than to keep a policy in force.
The amount of protection you'll receive from your policy — and even just if you can keep your policy in force — will be determined by your life insurance budget and your ability to pay your premiums.
Even though you must put enough money into the bucket to keep the policy in - force (otherwise it will lapse), there is complete discretion as to when premium payments will be made — annually, semiannually, quarterly, or monthly — and in what amounts — depending on how often payments are made and whether you have the option (as with some policies) to choose your payment amount based on a range provided by the insurance company.
You'll already have paid for your year's worth of coverage during the riding season so you might as well make sure it's protected for all four seasons by keeping a policy in place.
The cash value can be used to keep the policy in force for as long as the cash amount covers the policy costs.
When you purchase a whole life policy, you traditionally pay a fixed premium for as long as you live or for as long as you keep the policy in force.
To make universal policies more attractive, insurance companies began adding a secondary guarantee that would keep the policy in force even if cash values dropped to zero.
There are typically some limitations to this, like only being able to do it after you've held the policy for a year or a requirement to have enough money in the cash value to keep the policy in force for two months.
Loans and withdrawals from a permanent life insurance policy will reduce the policy's cash value and death benefit, and may require additional premium payments to keep the policy in force.
Basically, although you have a minimum premium to keep the policy in force, you can use the cash value to pay the premium.
Permanent life insurance (also called whole life) offers lifetime protection and a guaranteed death benefit as long as you keep the policy in force by paying the premiums.
Is there any way to keep the policy in force without continuing to pay premiums?
While you don't have to continue paying premiums, you must technically still pay to keep the policy in force.
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.
With these policies, if you keep the policy in force for the entire term, say 20 years, the insurance company will refund the premium payments you made over that 20 - year period.
But permanent policies such as whole life insurance typically provide a lifetime death benefit, regardless of your health, as long as you pay the premiums to keep the policy in force.
So for a policyowner who simply doesn't want to — or can't afford to — keep the policy in the first place, a life settlement may still be a more appealing exit than just letting the policy lapse away!
To ensure we keep this policy in place (and not have to revert back to 8 & older), we strongly encourage parents / guardians to help us by observing the rules of the lounge at all times!
But the Uber driver has to buy it and keep the policy in place.
The contract will state the amount of the premiums that the policyholder must pay periodically to keep the policy in force.
In some case it may be possible to work out a payment schedule to keep the policy in force while partial payments are being made.
The benefit to universal life is you may be able to pay far lower premiums to keep the policy in force for life than in whole life.
The catch is you have to keep your policy in force the entire term.
If the policy is a term policy and premium payments must be made to keep the policy in place, the nonprofit must have the cash flow to make those payments.
The target premium is the minimum premium that will keep the policy in - force as long as all of the insurer's assumptions turn out to be true.
No, you can keep the policy in force and your family protected at the same time.
The risk to the company is low because they know they can afford the $ 10,000 death benefit, and you get the advantage of keeping the policy in tact with all the benefits associated with an IUL.
This rider will will keep the policy in force for the duration, eliminating the burden of having to worry about paying for your premiums during these times.
A period of prolonged lower - than - expected interest rates could wipe out all of your cash value, and could leave you holding the bag monetarily to make up the difference, in order to keep the policy in force.
Your obligation is to pay the agreed upon premiums to keep your policy in good standing.
You are protecting your loved ones by keeping your policy in force and not letting your policy lapse like so many others who do.
Additional premium payments may be required to keep the policy in force.
Lapse Rates Drive Profits Individuals should do everything in their power to keep their policies in force.
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