Sentences with phrase «life insurance contract with»

State regulators, knowing that some unscrupulous life insurance companies in the past would basically swindle people out of money by taking a payment and then delivering a life insurance contract with language that would allow them to deny many death claims, decided that serious protection for consumers was needed.

An individual who enters into a whole life insurance contract with an insurance carrier agrees to a specified death benefit amount in exchange for a fixed level premium.

Also called final expense insurance, burial life insurance is quite literally a life insurance contract with just enough death benefit to pay for burial fees.

But let's say you're age 47 today and are considering the purchase of a 20 year term life insurance contract with ING for $ 500,000.

In accordance with the prime feature of this Life Insurance plan which is loyalty to the consumer, ROP Term Insurance will provide that you receive all your investment back, not a portion of it, like under Permanent Life Insurance contracts with the cash value feature.

Loan — Life insurance contracts with a cash value typically allow the policyholder to borrow money against the cash value, tax free at time of loan and for any purpose.

Not exact matches

Steve Utkus: An income annuity is an insurance contract that provides you with a guaranteed income for life.

With an annuity, however, you enter into a contract with an insurance company to pay a certain amount for the rest of your life, giving you the peace of mind that comes from knowing your income will never run With an annuity, however, you enter into a contract with an insurance company to pay a certain amount for the rest of your life, giving you the peace of mind that comes from knowing your income will never run with an insurance company to pay a certain amount for the rest of your life, giving you the peace of mind that comes from knowing your income will never run out.

After entering into a contract with an insurance company, an investor can receive regular payments for a fixed period of time or for life.

Regardless of the company you currently maintain your life insurance policy with, canceling your life insurance will typically require you to do more than stop paying your contract's premiums.

Term life insurance with a return of premium rider allows the owner to get his or her money back at the end of the contract period.

Assets owned individually by a decedent at death that don't pass to another person by trust (i.e. revocable living trust), contract / beneficiary designation (i.e. life insurance, annuity or 401 (k)-RRB-, or operation of law (i.e. joint tenancy with right of survivorship) may be subject to probate if the applicable threshold is exceeded.

With an annuity, you pay an insurance company up front in exchange for a promise that they pay you a set amount for the rest of your life or for however long the contract specifies.

ForeCertain Income Annuity and ForeCertain Advisory Income Annuity are issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana and are available in most states with contract FL - FPA - 13, as applicable.

Plan completion life insurance: Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the insurance: Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the insurance policy will complete the purchase.

You'd have to qualify for the life insurance contract, but if you did, you'd find that your returns were competitive with other types of investments of the day.

With limited pay policies, particularly those that are funded using paid up additions, it is important to keep an eye on the MEC level where your policy changes from life insurance to a modified endowment contract.

For many it may feel like their permanent life insurance policy or annuity contract is a precious and fragile treasure in their bare hands and the idea of messing with it sends chills down their spine.

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.

Since an MEC can not be reversed, you need to understand that you are losing the tax advantages associated with a life insurance policy and that you will be left with, essentially, a life insurance policy that functions more as a non-qualified retirement account than a life insurance contract.

Since Mr. Gross stomped off, they've lost contracts — involving either the Total Return Fund or all of their services — with the state retirement systems in New Hampshire and Florida, the teachers» retirement system in Arkansas, Ford Motor's 401 (k), Advanced Series Trust, Massachusetts Mutual Life Insurance Co., Alabama's and California's 529 College Savings accounts, Russell Investments, British wealth manager St. James Place, Schwab's Target Date funds and a slug of city retirement plans.

MarketProtector Individual Modified Single Premium Deferred Fixed Annuity With Index - Linked Interest Option and Market Value Adjustment (contract form numbers FIA250, ICC17 FIA250) is issued by Jackson National Life Insurance Company ® (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC.

Elite Choice Single Premium Deferred Fixed Annuity With Index - Linked Interest (contract form number FIA400, ICC13 FIA400) is issued by Jackson National Life Insurance Company ® (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC.

Elite Choice Rewards Single Premium Deferred Fixed Annuity with Index - Linked Interest and Bonus Provision (contract form number ICC13 FIA450, FIA450) is issued by Jackson National Life Insurance Company ® (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC.

VRS has contracted with Minnesota Life as the insurer for the Group Life Insurance Program.

These plans are funded solely with insurance products such as cash value life insurance or fixed annuity contracts, and the plan owner can often deduct hundreds of thousands of dollars in contributions to these plans each year.

FedEx Corp. announced today it has entered into an agreement with Metropolitan Life Insurance Company to purchase a group annuity contract and transfer approximately $ 6 billion of the company's U.S. pension plan obligations.

The Contract contains a more detailed description of the limited relationship MSCI has with Jackson National Life Insurance Company and any related Products.

MarketProtector Advisory Individual Modified Single Premium Deferred Fixed Annuity With Index - Linked Interest Option and Market Value Adjustment (contract form numbers FIA255, ICC17 FIA255) is issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC.

Just like we saw with whole life insurance, the death benefit works in exactly the same way in that it will be paid to the beneficiary as long as the insured passes away within the dates of the policy, i.e. the contract.

If a policy with no cash surrender value is sold (for example a term life insurance contract), the policy premiums would have largely covered just the cost of insurance, so that the proceeds received from the sale of the policy would all be capital gains.

Jackson AscenderPlus Select Modified Single Premium Deferred Fixed Annuity With Index - Linked Interest (contract form numbers ICC15 FIA150, FIA150) is issued by Jackson National Life Insurance Company ® (Home Office: Lansing, Michigan) and distributed by Jackson National Life Distributors LLC.

A contract with a life insurance company that provides a guaranteed stream of income payments for a fixed period of time or life (or both) beginning at a specified date years in the future.

With a permanent life insurance contract, you have the flexibility to surrender the policy and supplement your retirement income with the funds that have accumulated in the policy's cash value accoWith a permanent life insurance contract, you have the flexibility to surrender the policy and supplement your retirement income with the funds that have accumulated in the policy's cash value accowith the funds that have accumulated in the policy's cash value account.

In some program designs, if the employer replaces MetLife GUL or GVUL with another group life insurance plan or otherwise terminates the MetLife group contract, employees» coverage may also be terminated, even after separation from employment or retirement.

With a life insurance contract that is collaterally assigned to a bank, your loved ones will not be obligated to repay anymore of the loan as it will be paid off in the amount of insurance you purchased up to the loan.

A life insurance policy is a contract between you and an insurance company that provides your named beneficiaries with a death benefit payout upon your death (if your policy is in good standing).

Since we are contracted with many life insurance companies in Canada, we can help you shop around for the best rates and value.

For those of you that are familiar with the Internal Revenue Code (IRC), or happen to know a little about the tax advantages of Life Insurance contracts, you probably know that IRC section 7702 defines the type of life insurance contract that receives tax advantaLife Insurance contracts, you probably know that IRC section 7702 defines the type of life insurance contract that receives tax adInsurance contracts, you probably know that IRC section 7702 defines the type of life insurance contract that receives tax advantalife insurance contract that receives tax adinsurance contract that receives tax advantages.

But once you sign any life insurance company contract, you are usually stuck with it for life with no hope of ever escaping.

I am contracted with many life insurance companies in Canada, so I can help you shop around for the best rates and value based on your insurance needs.

Annuities: A fixed - income annuity is a contract with an insurance company that, in return for an up - front investment, guarantees3 to pay you (or you and your spouse) a set amount of income either for the rest of your life (and the life of a surviving spouse in the case of a joint and survivor annuity) or a set period of time.

A type of life insurance where the contract is renewed each year with a premium payment.

Finally, and perhaps most importantly, P&C companies do not substantially inflate their book values with deferred acquisition costs (up - front costs to acquire a customer amortized over the expected life of a contract) like life or disability insurance underwriters do.

In this guest post, Lingke Wang — co-founder of Ovid Life, a technology firm aiming to create a centralized transparent marketplace for life settlements transactions — provides a «Financial Advisor's Guide To Life Settlements» with a detailed review of the life settlement industry, what a life settlement provider is and how life settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policLife, a technology firm aiming to create a centralized transparent marketplace for life settlements transactions — provides a «Financial Advisor's Guide To Life Settlements» with a detailed review of the life settlement industry, what a life settlement provider is and how life settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policlife settlements transactions — provides a «Financial Advisor's Guide To Life Settlements» with a detailed review of the life settlement industry, what a life settlement provider is and how life settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policLife Settlements» with a detailed review of the life settlement industry, what a life settlement provider is and how life settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policlife settlement industry, what a life settlement provider is and how life settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policlife settlement provider is and how life settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policlife settlements operate, and the mechanics of how an investor evaluates a prospective life settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policlife settlement contract purchase (which is important to understand for any policyowner who might be selling their life insurance policlife insurance policy!).

Aviation Ground Handlers: Liabilities, Claims, Insurance and Contracts Dentons Airline Symposium Webinar Series — October 2016, Tysons Corner John with other Dentons attorneys gave a live web presentation to hundreds of industry clients on the the special liability risks that impact airport and aircraft ground handlers.

22 The right under sections 1 and 3 to equal treatment with respect to services and to contract on equal terms, without discrimination because of age, sex, marital status, family status or disability, is not infringed where a contract of automobile, life, accident or sickness or disability insurance or a contract of group insurance between an insurer and an association or person other than an employer, or a life annuity, differentiates or makes a distinction, exclusion or preference on reasonable and bona fide grounds because of age, sex, marital status, family status or disability.

Meanwhile, we live with the anomaly that there is little consistency in the way insurance contracts are interpreted by our European partner states.

A life insurance policy is a contract with an insurance company.

When you purchase life insurance, you enter into a contract with a life insurance company that agrees to pay a death benefit to your beneficiary, which can be your spouse, children or anyone you choose.