Sentences with phrase «listed policy beneficiaries»

Not exact matches

Some 70 % of shares in U.S. - listed companies today are held by mutual funds, pension funds, insurance companies, sovereign funds, and other institutional investors, which manage them on behalf of beneficiaries such as households, pensioners, policy holders, and governments.

Review the beneficiaries listed on your retirement accounts, life insurance policies, annuities and trusts, and make sure they're up - to - date.

Check the designated beneficiaries that are listed on your IRA (s) and life insurance policy (s).

For example, Cheryl lists her husband John as primary beneficiary for her life insurance policy and their two children as contingent beneficiaries.

Multiple contingent beneficiaries may be listed on a life insurance policy or retirement account.

If two beneficiaries are listed on an employment life insurance policy split up 50/50, and one of the beneficiaries are not found (due to no contact information or last name etc) would the other beneficiary receive the 100 % or only the 50 % originally placed?

my sister had two sons that she listed as beneficiaries, 50/50, of her life insurance policy through work.

If the policyholder dies during the term — and he or she has paid the premiums on time and the policy is in good standing — the beneficiaries listed in the policy will receive a death benefit.

This page lists the policy specifications such as the name of the insured, the policy owner, the beneficiary, the policy number, the amount of insurance and the premium amount among other things.

The definition of life insurance death benefit is the amount of money payable to the beneficiary or beneficiaries listed on a life insurance policy upon the death of the insured, minus any policy loans.

If the policyowner dies while the policy remains in effect, the death benefit is paid out to the listed beneficiary or beneficiaries, while the cash value becomes the property of the insurance company.

My step farther had several insurance policy in which some he listed his daughter as the beneficiary and on the rest he listed his son who is my younger brother.

One way to accomplish this goal is to take out a life insurance policy and list NHAR as the beneficiary.

Nationwide agreed to pay $ 7.2 million to seven states in order to settle allegations that it failed to pay death benefits to a significant number of people who were unaware that they were listed as beneficiaries on life insurance policies.

It could be a business loan requiring a life insurance policy at the last minute to secure the finalization or a divorce decree requiring life insurance coverage and listing the children as beneficiaries.

If the policyholder makes it past the initial two - year waiting period, the benefits stated in the policy will go into full force and the beneficiary will receive the amount listed on the life insurance.

With this product the business buys a life insurance policy, equal to the agreed upon purchase price, on the life of each of the partners with the other partner listed as beneficiary.

The Beneficiary of the term life insurance policy is currently listed under Sally's name.

Some life insurance company applications won't require you to list a social security number for your life insurance policy's beneficiaries.

Any primary, or first, beneficiaries listed on a term life insurance policy would receive the insurance benefit, provided they could be found and were living.

In regards to life insurance, commissioners say naming a policy beneficiary is an important task that should be on every couple's to - do list.

Second option is for your mother to purchase the policy and be listed as policyowner and insured, and you the beneficiary.

If you were listed as a beneficiary on a life policy and didn't know about it you definitely want to find out.

In some cases, a person may have taken out a life insurance policy and had no one close to list as a beneficiary, and chose you.

From reading up on this it seems my sister has rights over this policy, such as who is listed as the beneficiary as long as she is paying.

Sometimes, even if people lose touch over the years, they may still be listed on a policy, either because they were originally listed as irrevocable beneficiary and couldn't be changed, or because the person who passed away just wanted to leave it as a surprise gift.

As long as the mom isn't listed as an owner or beneficiary on the policies then she has no right to the policies.

If the person who passed away was very close to you or a member of your household, you may have access to papers that would help you figure out if there are hidden assets or unclaimed life policies that may list you as a beneficiary.

You can also call the life insurance company claims line, if you know who the life insurance company was, and ask to see if you are a beneficiary listed on the policy.

Those life insurance rates quoted by the bank are for a policy that lasts the length of the loan and which lists the bank as beneficiary, ensuring that proceeds are used to pay off the mortgage should you pass away unexpectedly.

Upon your death, the proceeds of your policy will be paid to the named beneficiaries that are listed on your contract.

A policy with a May 1, 2015, effective date means that if the insured passes away on May 1, 2015, or afterward, the policy will pay the death benefit to any listed beneficiaries.

Accounts and policies where you list beneficiary designations will bypass your will and probate directly to that person or entity listed at your death.

And they've also listed one another as beneficiaries on their life insurance policies.

For example, if you are the owner of a life insurance policy on your spouse's life, and list your adult child as the beneficiary, you are effectively creating a gift of the policy's proceeds to your child.

A life insurance policy that lists the co-owner (s) or business as the beneficiary instantly gives them the money needed to buy the family's share.

If two beneficiaries are listed on an employment life insurance policy split up 50/50, and one of the beneficiaries are not found (due to no contact information or last name etc) would the other beneficiary receive the 100 % or only the 50 % originally placed?

In the event that the deceased insured had a policy with us, we will begin the claim process and contact the beneficiary listed on our policy records.

This page lists the policy specifications such as the name of the insured, the policy owner, the beneficiary, the policy number, the amount of insurance and the premium amount among other things.

But if you purchase life insurance and list your heirs as the beneficiaries to the policy, you do not have to worry about any of this.

With the trust in place, the beneficiaries listed on the policy will receive the full benefit amount and not just a portion of the benefit after it is taxed by the government.

But many insurers did not use the same list to check whether any death benefit payments were due to beneficiaries of life insurance policies.

A good whole life insurance policy can be used to pay off the medical bills for any of your listed beneficiaries.

The death benefits associated with the policy are paid to the listed beneficiary -LRB-'s) and there are no guarantees that its benefit will be sufficient when needed to pay for any particular goods or services nor that those goods or services will be provided by any particular provider.

A term insurance policy will require a medical exam, but your family will be listed as the beneficiary of the policy, and they can use the money to pay off a mortgage debt, but still have control over any excess without having to worry about the bank as a middleman.

When you die, if your policy is still active, the people you've listed on your policy (called your beneficiaries) get paid the death benefit.

In most instances, the child will be able to be placed on the policy as the insured, while the parents can be listed as both the policy owners and the policy beneficiaries.

If You are Listed in a Life Insurance Policy as a Beneficiary Along With a Person That is Deceased, Who is Awarded the Benefits?

If your will and policy name different beneficiaries, the life insurance money will go to whoever is listed on the policy.

When setting up the donation, you should list the charity as the named beneficiary on your life insurance policy.