Sentences with phrase «known as insurance premiums»

Insurance rates (also known as Insurance premiums) appear to be a vexed question.

A monthly fee is paid to the insurance companies by the vehicle owner usually known as insurance premium.

Not exact matches

The Graham - Cassidy bill would not erase the protections under the Affordable Care Act, the healthcare law also known as Obamacare, preventing insurance companies from outright denying coverage to those with preexisting conditions, but it could allow for more expensive premiums.

This insurance, which is known as private mortgage insurance (PMI) for a conventional loan and a mortgage insurance premium (MIP) for an FHA loan, protects the lender in the event that you default on your loan.

There are two types of mortgage insurance: private mortgage insurance, or PMI, and mortgage insurance premiums paid to the government, which covers USDA loan borrowers and loans obtained through the FHA (this type of insurance is also known as MIP).

However, mortgage insurance fees (otherwise known as premiums) are often lower for HomeReady ® mortgages than traditional mortgages.

years; exempts vehicles owned by firefighter first responders used in the performance of duty from motor vehicle registration fees and vehicle use taxes; authorizes local volunteer fire companies and ambulance companies to offset the cost of health insurance for their volunteers through the use of funds collected from a 2 percent fire insurance premium tax from out - of - state insurers; allows fire companies to select up to three candidates to participate in the state's college tuition assistance program, known as Volunteer Recruitment Service Scholarships; and directs the state Higher Education Services Corp. to create a volunteer recruitment service college loan forgiveness program.

The bill, commonly known as Act 10, limited public workers» ability to collectively bargain on any topics other than base wages, increased their contributions to public pensions, and raised their insurance premiums.

Whole Life Insurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and witInsurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and witinsurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and witinsurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawals.

FHA loans come with their own form of mortgage insurance, known as mortgage insurance premiums (MIP).

The IRS also wants to know about your car payments, health insurance premiums, and court - ordered payments such as repayments for a Chapter 13 bankruptcy or child support payments.

You (the annuity owner) make a lump - sum payment or a series of premium payments to an annuity issuer (the insurance company), which will accumulate earnings at a fixed interest rate (a fixed annuity) or a variable rate determined by the growth (or losses) in investment options known as subaccounts (a variable annuity).

Cash value life insurance, also known as whole life insurance, once issued, is in force for life, assuming all required premiums are paid when due.

Whole Life Insurance guarantees a minimum death benefit (also known as the face amount), no matter how long you live, as long as premiums are paid.

One of the most popular types of low down payment mortgage loans known as a Federal Housing Administration loan, or FHA loan for short, will be making changes to the mortgage insurance premium collection policy (you may know it as mortgage insurance, or MI).

In order to understand return of premium insurance or premium return life insurance, as it is also known, you need to know how term life insurance works.

These tests dictate how much premium can be paid into a policy and how quickly the cash values can build up inside of a cash value policy before the policy is no longer treated as a life insurance policy.

First, because it is no longer considered life insurance, the policy can be funded with as much premium as you want.

A non-forfeiture benefit option is provided, allowing you to continue your life insurance plan as either extended term insurance or reduced paid - up life insurance if you choose to no longer make premium payments.

Whole Life insurance, also known as permanent life insurance, is structured so part of your premium pays for the insurance, and part goes to a separate cash value account.

In exchange for premium payments, a life insurance policy provides a tax - advantaged lump - sum payment, known as a death benefit, to the beneficiaries when the insured passes away.

Whole life insurance (also known as permanent life insurance) covers policyholders for their lifespan (assuming they pay their premiums on time and in full) and may generate cash value over time.

The dividend can be used to purchase additional insurance, a combination of additional insurance and yearly term insurance (known as enhanced coverage), or reduce the premium.

You are allowed to continually add to your policy in addition to your normal premium through vehicles known as life insurance supplement riders, additional life insurance riders, or paid up additions.

This insurance, which is known as private mortgage insurance (PMI) for a conventional loan and a mortgage insurance premium (MIP) for an FHA loan, protects the lender in the event that you default on your loan.

For others they have the peace of mind of knowing that as long as they continue to pay the premiums on a permanent insurance product, their beneficiaries will eventually receive a death benefit.

George didn't know the insurance policy had started as he was waiting to get information about the policy in the post, so he wasn't expecting the monthly insurance premium ($ 75) to be deducted from his bank account.

Effective June 19, 1996, an existing precomputed consumer credit transaction contract and a subsequent precomputed consumer credit transaction document may be consolidated provided that the consumer can not be required to consolidate the contracts as a condition for the extension of credit nor can the creditor be required to extend credit; and provided further, that if such contracts are consolidated, the annual percentage rate resulting from the consolidation can be no greater than the annual percentage rate on the prior existing consumer credit transaction contract nor can the consumer be charged any duplicate fees or expenses that originated in the existing consumer credit transaction contract, provided, however, that finance charges and other charges and fees rebated in accordance with applicable law and those charges as permitted by Section 5 -19-4 (f) and UCC filing fees or nonfiling insurance premiums in lieu thereof are excluded from this provision.

You know your risk is relatively high but the insurance company sees you as relatively low risk and aren't able to price that extra risk into your premium.

Sure, the shopping process can get a little complicated, especially if your health situation is a little complicated, but at the end of the day, term life insurance is made up of three basic components: your coverage (also known as your death benefit), your term (how long the policy lasts), and your premium (how much you're paying for it).

For those that don't know, mortgage insurance premium is similar to private mortgage insurance, also known as PMI.

A medical exam allows the insurance company to know exactly the health status (and risk) of every customer they insure — without that data, the risks are unknown, and premiums tend to be higher as a result.

As a result, the insurer knows more about your health, which reduces the insurers risk and offers lower premiums than the other insurance types described below.

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.

In return for investing a lump sum (or premium, as it's known in annuity - speak) with an insurance company, you receive payments that begin at once and continue for life.

I knew the medical cost for pets are crazily high, especially compared to where I'm from, so I purchased insurance for my dogs as soon as we settled in (got the premium that covers 90 %).

As readers will know, insurance companies often justify higher premiums based on a criterion of «risk factors», such as age, geographic location, vehicle make and model, etcAs readers will know, insurance companies often justify higher premiums based on a criterion of «risk factors», such as age, geographic location, vehicle make and model, etcas age, geographic location, vehicle make and model, etc..

I can not be the only one getting pretty sick of hearing about compensation culture, increasing motor insurance premiums caused by greedy Solicitors in «grubby offices», and the fact that society as we know it is sagging to its collective knees under the weight of personal injury claims.

If you want to claim the credit, you must attach the Credit for Small Employer Health Insurance Premiums, also known as Form 8941 with your tax return.

Permanent life insurance usually has no fixed time limit; as long as the premiums are paid, the benefit will be paid no matter when the insured dies.

Insurance A legal contract between you and the insurer that transfers a specified covered risk to the insurer in exchange for a premium (also known as consideration).

Most insurance providers have a standard excess (known as a compulsory deductible) as well as a voluntary excess where drivers can choose a higher amount as a way to lower your premium.

The reason for this is quite simple it's because a no lapse universal life also known as guaranteed universal life offers the most affordable permanent life insurance protection with a guarantee that your policy won't lapse if you pay your premiums regardless of how the market is performing.

Also known as «Term for Life», this is a permanent life insurance policy that has level premiums for the rest of your life.

A universal life insurance policy, also known as a permanent policy, is a flexible type of life insurance that allows the policyholder to adjust the premium and amount of coverage.

If you need a high face amount otherwise known as your death benefit, Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

Dividends can be paid to you in case, used to reduce your premium, or to buy additional insurance, known as «paid up additions».

With more than 14 billion dollars in auto insurance policies in effect, Progressive is known as one of the more innovative insurance companies, and has the distinction of being the first to introduce monthly premiums to policy holders.

You purchase what is known as a premium, which can be paid upfront or in installments, and that premium buys you an insurance policy.

In exchange for paying premiums on a policy, the insurance company provides a lump - sum payment (far in excess of what you paid in), known as a death benefit, to beneficiaries upon the insured's death.