Sentences with phrase «life insurance cover then»

If you want to save some taxes, and do not have sufficient life insurance cover then you may buy a good Term insurance plan.

Not exact matches

If you are teaching full - time as a profession and as a main source of income, then the number of classes you should be teaching is directly related to how much revenue you need to bring in, in order to cover your living costs, savings and other line items (like retirement savings and insurance).

Once you add up the expenses you want your term life insurance to cover, you can then deduct any assets, such as savings and investments, that would also help to cover those costs to help you arrive at an appropriate coverage amount.

If you do not have adequate life cover, kindly buy a term insurance plan and then discontinue this plan.

For example, if you intend to retire at 70 and have determined that you'll need $ 750,000 to cover your family's costs post-retirement, but you're 60 and have only saved $ 600,000, you may choose a term life insurance policy that offers $ 150,000 of coverage should anything happen to you before then.

Dear Kapil, Suggest you to buy a Term insurance plan with adequate life cover and then discontinue these policies.

This differs from term life insurance, the other main kind of life insurance, which covers you for a set period of time and then expires.

Term life, unlike permanent life insurance, doesn't last your whole life — rather, it covers you for a set period of time and then expires.

If your life insurance policy will be insufficient to cover all of these expenses, then you should set a New Year's resolution to fill in the gaps.

Many people say it and if you have ever listened to a sales pitch from a life insurance agent then no doubt covering the tax advantages of life insurance was one of their key talking points.

If you decide to purchase term life insurance, then you will need to decide how long the policy will cover you.

So I'm basically being forced to turn down the opportunity to make an awesome wage (the garlic - we'll only ever live off his income so if I have a bad farm year no big deal - just save during the good years, and his will be enough to cover the requisite monthly expenses mine would be retirement, health insurance (his work ins was $ 1,800 per month so we couldn't do it), kids» college, paying off that mortgage asap so we could be truly debt free (aside from the PLSF, but that will be gone eventually too, or if I get enough from a great harvest pay it off then), etc..

As a child living at home we lost everything during the 1972 flood caused by hurrican Agnes so I know how important flood insurance is, but Ido not need it, nor will I ever where I live, but if you feel so strongly about it, why do nt you buy it, then if we are ever flooded your investment in our home will be covered.

Therefore, if the insured wishes to remain covered by life insurance, he or she will need to re-qualify for insurance at their then - current age and health condition.

If you have shared this knowledge with you insurance provider then certainly your life insurance cover would be applicable even outside India.

If your primary goal in getting a life insurance policy is to cover burial costs, then I'd recommend you buy a final expense life insurance policy.

Term life insurance only covers for a limited time, and then, when the term is up, you no longer have coverage.

If you're not completely sure what term insurance means, then to put it simply, it is a life insurance which solely covers death benefits and which is only payable if you die during the life of the policy.

If you are looking for a life insurance policy that not only covers funeral expenses, but also pays off debt and perhaps leaves a legacy to a loved one, then Lincoln Heritage is not the company for you.

You can cover yourself with Term life insurance for the greater face amount and then have a smaller Universal life policy for the long haul when many of your financial liabilities are no longer present later on in life.

Buying term and invest the difference means you will use an amount equivalent to what it will cost to purchase a permanent life insurance plan, and then compare this to the expense of a term policy for a similar face amount covering the time period it is required.

Since all U.S. life insurance companies require that you quit smoking for a full year before you can get non smoker ratings, we recommend you take out a policy to cover your needs now, and then if you can quit for 12 consecutive months, you can either apply for a new policy, or apply for a health class reconsideration with your existing insurance company.

If you're buying life insurance because you want to make sure that your final expenses are covered — burial expenses, final debts paid off — then you might be looking for what's called final expense insurance.

Then, establish a life insurance policy that can cover the expenses your family will face — for example, everyday living and funeral costs, as well as medical bills and loans that you may leave behind.

For a 54 year old, whole life insurance can be very expensive but if all you need is your burial and other final expenses to be covered then it is quite cheap actually.

With impaired risk, we need to gather a lot more detailed information and then submit a cover letter to the life insurance company that paints your risk in the most favorable light possible.

If you need immediate life insurance cover to secure the loan, then a no medical exam insurance policy is for you.

We then expanded into the life insurance market in August 2010, providing comprehensive death, disability and critical illness cover.

If you've been making the necessary adjustments to your coverage over the years (see above), then when this happens you'll no longer need a life insurance policy, either because you no longer have large financial obligations or because you've built up enough savings to cover them yourself.

For instance, if you are living in an earthquake prone area and your car damages due to the earthquake shock then the insurance company will provide you cover for the loss.

A regular term life insurance policy allows you to cover your mortgage and then some.

We will help you assess the right level of life insurance required to cover your bond or mortgage, then compare the life cover quotes to find the best bond life insurance deal for you.

For instance, if you are an individual whose life is going to be covered under the insurance policy then you will be called proposed insured.

Term life, unlike permanent life insurance, doesn't last your whole life — rather, it covers you for a set period of time and then expires.

If your employer is covering the cost of your life insurance entirely, whether from the goodness of their heart or because they can write of the premiums as a business expense (hint: it's probably the latter), then it doesn't make sense to not have it.

If you are looking for a financial product that provides dual benefit of life insurance cover & investment returns under one umbrella, then look no further than a Unit Linked Insurance Plainsurance cover & investment returns under one umbrella, then look no further than a Unit Linked Insurance PlaInsurance Plan (ULIP).

Even if you are a first - time homeowner, if you have insurance as a renter where you are currently living, then you may benefit from the clause that covers your items for basic perils while in transit if you are sticking with the same insurance company.

If you have enough assets that you have complex financial needs, or you're going to need the cash value of a whole life insurance policy to cover, say, your endowment plan or estate plan, then congratulations!

If you do this, you can pay standard premiums on your life insurance and then purchase a special accident policy that covers skydiving but does not cover other things like disease or illness.

Again, if you wait too long then age and related diseases will make your policy more expensive.Experts believe that a life insurance policy has to cover a person till the age of 65.

Whether you live in Pearl City or Kahului, Waipahu or Kaneohe, or anywhere else on any of the islands, Effective Coverage offers easy and affordable renters insurance in Hawaii that lets you get covered and then get on with your life.

If the basic protection is what you are looking for, then you may opt for the disability / accidental death riders which you can buy as an add on to your Life Insurance cover.

After assessing how much you need to cover final expenses, outstanding debts, your outstanding mortgage, college funding for your kids, income replacement, and estate taxes, you then need to determine which type of term life insurance policy is right for you.

If you do not have someone dependent on your income then get enough life insurance to cover your debts and the funeral.

If your Universal Life Insurance policy says that you are covered until age 100, then the policy coverage lifespan will be contract specific.

If they already have a PPF or another pension fund that will help them live in the style and comfort they prefer, and also have an insurance cover that will insure them well into their nineties, then these plans may not be an ideal option.

However, if you do not have a traditional life insurance policy and your assets are not sufficient to cover the average $ 9,000 for funeral expenses and any additional medical expenses associated, then final expense insurance becomes a viable option.

For those who are interested in covering their expenses if the unexpected happens, but they do not have a large income, then a decreasing term life insurance policy is the perfect answer because it provides considerable benefits with very low premiums that may actually decrease as time goes on.

An option for Kathy would be a possible low cost Term life insurance plan for $ 250,000 with a 20 - year Term policy which would cover her mortgage and then as the years go by and the total payoff on the mortgage goes down and down she can convert her policy into a Universal life policy to cover any debt for the rest of her life.

However, if you are looking to cover a considerable amount of debt or leave behind a substantial legacy, then you might want to consider term life insurance instead.