Sentences with phrase «life insurance premiums as»

Family history: Having a healthy family without any serious diseases lowers your life insurance premiums as you are less likely to face a critical illness.

You can think of term life insurance premiums as having premiums that look like a staircase, with steps going up every 5 or 10 years (or whatever the term is).

If you take out a policy on your life (or on the life of another person with a financial interest in your business) to get or to protect a business loan, you can't deduct the life insurance premiums as a business expense.

He just doesn't think the extra cost — he cites term life insurance premiums as costing about 5 % as much as whole life insurance premiums — justifies what you get (or, rather, what you don't get) from a whole life insurance policy.

Most employer - provided life insurance coverage is entirely paid for by the employer; companies can deduct life insurance premiums as a business expensive on their taxes.

Their decisions seemed to be mainly tied to the more affordable term life insurance premiums as well as the ability to get an online term life insurance policy.

You can think of term life insurance premiums as having premiums that look like a staircase, with steps going up every 5 or 10 years (or whatever the term is).

The provision will continue to waive the life insurance premium as long as the disability persists, or until the term of the policy matures.

So while you will pay a higher life insurance premium as a smoker than a non-smoker will, you'll still pay less for a policy with Banner than just about any other top 10 life insurance companies.

This bonus is the amount equal the life insurance premium as well as the tax liabilities.

Not exact matches

As with our other employees, we also paid life insurance premiums for the benefit of our named executive officers (other than Larry and Sergey).

Buying paid - up additions is similar to buying a small single - premium life insurance policy as you increase the policy's cash value and death benefit but don't have ongoing payments.

As with other whole life insurance policies, guaranteed issue policies will build a cash value over time and coverage lasts as long as you continue to pay the premiumAs with other whole life insurance policies, guaranteed issue policies will build a cash value over time and coverage lasts as long as you continue to pay the premiumas long as you continue to pay the premiumas you continue to pay the premiums.

Premiums for whole life insurance are consistent, though they can either be paid annually or for a predetermined period of time (such as 20 years), though they'll be significantly higher for that period.

Cash value life insurance policies are typically permanent, meaning you have coverage for the entirety of your life so long as premiums are paid.

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

Prior to joining TD Ameritrade, Sadowsky served as Vice President, Finance in the corporate offices at The BISYS Group, Inc., which provided business process outsourcing to bank, insurance, and investment companies, and later joined Columbus Circle Capital, where he specialized in annuity arbitrage and life insurance premium financing.

Permanent life insurance refers to a set of life insurance policies that provide coverage for your entire lifespan, so long as premiums are paid.

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

Dividends on a life insurance policy are generally treated as a return of investment and are not treated as taxable income to the policyowner unless they exceed the amount of the aggregate gross premiums paid on the policy.

Insurance companies take money — premiums, the insurance version of revenue — as payment for insuring things like businesses, equipment, health, liInsurance companies take money — premiums, the insurance version of revenue — as payment for insuring things like businesses, equipment, health, liinsurance version of revenue — as payment for insuring things like businesses, equipment, health, life, etc..

The paycheck you take home may be further reduced if you contribute funds toward a health or life insurance plan that your employer sponsors, as any premiums you pay will be deducted from your wages.

Term insurance is for a specific period of time whereas permanent is for life as long as the premiums are paid.

However, during this time frame, your premiums will be assessed each year and will increase as you get older, unlike level term life insurance.

Universal life insurance is a flexible type of permanent life insurance policy in which the death benefit and premiums can be adjusted as your circumstances change.

Since whole life insurance is a type of permanent life insurance, you will continue to have coverage for your entire lifetime so long as the premiums are paid.

The employer can deduct life insurance premium payments for up to $ 50,000 of coverage per employee, so long as the employer is not the beneficiary.

But, if you look at insurance more as an investment option and you can afford to the pay the long term premiums, whole life insurance is ideal for you.

Settlements, as they occur, are covered in complete detail with pertinent information on wage adjustments, paid holidays, vacations with pay, shift premiums, medical benefits, dental plans, weekly indemnity, life insurance, pension plans, cost - of - living allowances and rates of pay.

«As of today, customers have entrusted us with $ 5 billion in premiums, making Protection UL our number one selling permanent life insurance product.

Permanent life insurance covers you for your entire life so long as you continue to pay the premiums, and is a category that encompasses several distinct policies.

The FHA charges upfront mortgage insurance premiums as well as annual premiums, and some FHA loans require that these premiums are paid for the life of the loan.

A return of premium rider is particular to term life insurance products as it allows you to recoup a portion (or all) of the premiums paid if you live past the full term.

As with all life insurance policies, you pay premiums on your policy every year.

The two primary categories of life insurance policy are term and permanent, with term policies only offering coverage for a fixed period of time, while permanent policies last so long as you continue to pay the premiums.

However, because the premiums for term insurance become more expensive as you get older, cash value insurance, which has level premiums, may be the more economical option if you want coverage throughout your life.

but in the interest of education and accuracy, seat - belt laws are state laws — at least they started off as such — and they save millions of lives, billions of dollars, and they lower your insurance premiums just like mandatory helmet laws and mandatory auto insurance laws... and like the new requirement that everyone have health insurance.

A study published in the International Journal of Obesity showed that nearly half of people diagnosed as obese using BMI measurements are actually healthy, leading some to believe that there is no value of a BMI measurement at all, except for life insurance policies to increase premiums.

Having your sole proprietorship or individually owned company pay your life insurance premiums so as to deduct these expenses from your business» taxable income would be just such an attempt and is therefore not legal.

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

The IRS, in its Publication 502 titled «Medical and Dental Expenses,» specifically points out that life insurance premiums do not qualify as a medical expense.

The good news is that just as insurance premiums are not tax deductible for the individual insurance holder, the payouts of life insurance are also, usually, not taxable.

If you are the majority owner of the company and the firm provides life insurance for a group of employees, as opposed to only you the boss, the premiums may be deductible depending on the specifics of the situation; you should consult a tax specialist before making a final determination on how to account for these premiums for tax purposes.

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 withdrawLife 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 withdrawlife 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 withdrawlife 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.

On the other hand, as long as premiums are paid, a permanent life insurance policy will always pay out a death benefit since it never expires.

Cash value life insurance policies are typically permanent, meaning you have coverage for the entirety of your life so long as premiums are paid.

Policies such as variable universal life insurance combine components of the above, blending the investment flexibility of variable life with the ability to use the cash value to pay monthly premiums offered in universal life.

The Grow - Up Plan is a fairly typical whole life insurance policy, as it has level premiums and builds cash value, but there are a few key differences:

Buying paid - up additions is similar to buying a small single - premium life insurance policy as you increase the policy's cash value and death benefit but don't have ongoing payments.

Permanent life insurance refers to a set of life insurance policies that provide coverage for your entire lifespan, so long as premiums are paid.