Sentences with phrase «life insurance policy in place for»

Whole life insurance is a good choice for you if you want to ensure that you have a life insurance policy in place for your entire lifetime and can comfortably afford the premiums, or if it fits within the framework of your estate or retirement plan.

In fact, in our experiences, the African American community already appreciates just how important it is to have a life insurance policy in place for their loved ones.

Not every illness or accident is unavoidable however, so in the off chance something bad should happen to you, you can have peace of mind knowing that you have a Paterson life insurance policy in place for the protection of your loved ones.

Not exact matches

New Zealanders travelling or living in Marshall Islands should have comprehensive medical and travel insurance policies in place that include provision for.

Therefore, if you are on the younger end of the age spectrum, you might want to consider purchasing something that will be in place for longer, such as a 30 year term policy or permanent life insurance policy.

Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.

Return of premium life insurance can be a great way to make sure you have insurance in place for your family in the event the worst happens, and can also fund a nice windfall if you outlive the policy, but an ROP is not for everyone.

Frank and his attorney put a plan in place that would allow Frank's survivors to use his life insurance policy to help pay for some of the potential estate taxes that might be owed at his death.

For many people in Los Angeles, insurance is easily viewed as another bill in an already tightly stretched budget; however, as many residents know all too well, having a home, car, life, or health insurance policy in place is a great benefit when unexpected troubles arise.

As previously mentioned, Sagicor life insurance policy is an excellent choice for those individuals wanting to get their life insurance in place quickly so they can continue on with their busy life.

The IRS places a limit on how much money can go into life insurance premiums for the policy and how quickly such premiums can be paid in order for the policy to retain all of its tax benefits.

You just can't own the place you live in to be eligible for a renters insurance policy on the HO - 4 policy form.

For instance, some people feel they are able to be more generous in their annual charitable donations knowing a life insurance policy is in place to help cover their family's needs in the event they pass away.

Having a life insurance policy in place is an essential step for pre-planning a funeral.

Therefore, by also having a pre-need funeral policy or burial insurance coverage also in place, the decedent can be assured that final costs are paid and that the other life insurance policy's proceeds will also be used for their original intended purpose.

Many people do in fact have more than one life insurance policies in place, but it is important to shop around carefully for each type of coverage.

From there we run into our second problem which is that guaranteed issue life insurance policies will only begin to cover «natural causes» of death after the policy has been in place for a minimum of 2 years (and sometimes 3).

That is why, if you don't already have a life insurance policy in place, it is time to start looking for Georgia term life insurance quotes.

But if the rate class on the fully underwritten policy comes back different than applied for due to some issue in your lab work, you can always turn down the offer and keep the no medical exam term life insurance policy you already have in place.

TIAA - CREF sells two types of term life insurance, which provides a death benefit for as long as the policy is in place:

When I refer to estate planning, I'm speaking specifically of advanced planning you may do with your attorney to provide for liquidity upon death, as well as putting a life insurance policy in place in preparation for estate taxes.

If your business must get a personal or small business loan, banks will often require a life insurance policy to be in place to act as collateral for the business loan.

This shouldn't be an issue for you since, once a life insurance policy is put into place all payments will generally go directly to the insurance carrier themselves which in this case is why you should contact American National life insurance directly at:

If you are going through the different types of life insurance to find the best possible policy for you and your family, then you are in the right place!

In fact, even if you currently have another life insurance policy in place, it is likely that this coverage is already earmarked for other potential financial needIn fact, even if you currently have another life insurance policy in place, it is likely that this coverage is already earmarked for other potential financial needin place, it is likely that this coverage is already earmarked for other potential financial needs.

Also, it is very important for people over 50 to have a life insurance policy because they need something in place to supplement their income if they are to pass away suddenly.

Term life insurance is a policy that will remain in place for a specific term length, anywhere from one year to as many as thirty.

One thing many people do is take out a life insurance policy until they retire but also have another one in place for their burial with rates that remain the same forever.

As an accounting professional, you are likely well aware of just how important it is to protect assets and income — and, one of the very best financial tools for doing so is to have a good, solid life insurance policy in place.

A majority of people don't need their life insurance policy to stay in place for their entire lives; once they pay off debts, have fewer dependents, and become self - insured, it's usually not worth paying for a policy.

There's a place in the world for joint life insurance policies, but they work best in specific situations.

You diligently did your research, you compared a bunch of life insurance quotes, you picked out the perfect policy with the perfect carrier, and you went on with your life — 10, 20, maybe 30 years — knowing that you had a safety net in place for your family.

In terms of financial protection for your family or estate — which is ostensibly why you bought life insurance in the first place — the level of protection you actually paid for will be very similar to if you'd just bought a term policy for those 3 years and then stopped paying on iIn terms of financial protection for your family or estate — which is ostensibly why you bought life insurance in the first place — the level of protection you actually paid for will be very similar to if you'd just bought a term policy for those 3 years and then stopped paying on iin the first place — the level of protection you actually paid for will be very similar to if you'd just bought a term policy for those 3 years and then stopped paying on it.

The best way to lay the groundwork for your child's financial future is to make sure that as parents you have a will, a living revocable trust, and the proper life insurance policy (I recommend term insurance with a death benefit equal to 20 times the income you want to replace if you die) in place in case something happens to you while your child or children are young.

In June, a survey of life insurance companies revealed that 80 % of companies have an underwriting policy in place for marijuana users, and 29 % of those companies classify marijuana users as non-smokerIn June, a survey of life insurance companies revealed that 80 % of companies have an underwriting policy in place for marijuana users, and 29 % of those companies classify marijuana users as non-smokerin place for marijuana users, and 29 % of those companies classify marijuana users as non-smokers.

Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.

Therefore, when estate taxes are a potential concern, a life insurance policy may be put in place for the purpose of paying such taxes.

Given life insurance policy prices are regulated, you can be assured that PolicyGenius will provide the best prices for you all in one place.

Many seniors with insufficient assets or life insurance already in place often choose to make sure these costs are covered by applying for a universal or whole life policy.

By taking these things into consideration, you will be better able to determine whether you only need a life insurance policy to be in place for a few years or for the long - term.

For anyone who does not have any coverage in place, a term life insurance policy may be something to consider.

With a life insurance policy in place, you become eligible for particular amount of cover which is paid out as a one - time payment in the event of your death.

Is your life insurance policy the only method of financial protection in place for your future?

It would be irresponsible for us to make any «recommendations» without knowing more about you or your life insurance policy that you currently have in place.

Cash value life insurance is good for permanent needs, meaning no matter how long you live, you want to know you have a policy in place that will pay out at your death.

Whole life insurance, or permanent life insurance, is a policy that is in place for your entire lifetime.

Personally, I'd rather keep the life insurance, use the cash values to supplement my investments and / or use the cash value to pay my income in the years the stock market goes down (like 2001, 2008, etc) so that I don't end up worse off than when I began because at the end of the day that account can't lose its value, I can't be sued for the value of it, I don't need to report it on my son's FAFSA form for college, AND if I pull money out of it for my son's school, the dividend still pays the same amount as if I hadn't drawn the money out in the first place (fun fact: that last point isn't something that a northwestern policy does, but new york life and massmutual's contracts do).

People who live in urban areas tend to pay more for Montgomery car insurance policies, because accidents and crime occur more often in these places, so your car won't be as safe.

Most guaranteed acceptance life insurance policies will generally require that the policy remain in place for at least 2 years before it will pay out due to death from a natural cause.

This is why in addition to helping all of our clients make sure that they have a proper life insurance policy in place, we also like to take a look at what a long term life insurance policy might cost and see if it makes any sense for you and your family.