Sentences with phrase «lump payments typically»

Another great way to save some money in Park Ridge is to simply pay for your entire plan up front, and these kinds of lump payments typically lead to lower overall costs.

Not exact matches

Substitute costs are in addition to the financial burden of guaranteed leave time: teachers typically are given a lump sum payment for any unused leave when they retire.

Critical illness insurances works in a very simple way: if you are diagnosed with any of the critical illnesses listed in your policy and survive the waiting period (typically it is 30 days), you will receive a lump sum payment that you can use towards anything you would like.

While it is possible that your credit card issuer will refuse to accept a partial settlement of your debt, it is just as likely that you may be allowed to settle for either a lump sum payment, a renegotiation of your payment terms that may give you more time — typically an extra 90 days — or a combination of the two, in order to settle your account before it gets charged - off.

Typically, these large down payments will cause prospective home buyers to need to save for many months, or even years, to afford the lump sum down payment, but government guaranteed VA loans with no down payment will often eliminate this inconvenient need.

As with any alteration to your payment schedule, make sure you check with your lender about how many times a year you can make a lump sum payment on your mortgage, as there are typically terms surrounding this.

Settlements are agreements between the borrower and their lender (or their collection agency) in which the lender foregoes a percentage of the loan in exchange for what is typically a lump sum payment.

Furthermore, unlike installment loans that are repaid via multiple payments over the course of the loan, short - term cash advance loans are typically repaid as a single lump - sum payment that includes both the principal plus any and all applicable financing fees.

Unlike installment loans, which are repaid via multiple payments, short - term loans are typically repaid as a single lump sum at the end of the loan terms, which includes both the principal and all finance charges.

Typically, tax settlements result from a situation where the IRS has asked for more money than you could possibly afford to pay, especially since the IRS expects taxpayers to pay back all the money they owe in a single lump sum payment.

In return for proving that you simply can not afford their demands, the IRS will reduce the amount of money you owe, and offer you an easier repayment schedule, typically extending the payments out over a period of several years, rather than requiring that you pay everything all at once in a large lump - sum.

Even people who only owe a few thousand (or sometimes even a few hundred) dollars are able to enroll in repayment plans that stretch their single lump - sum payment out over a longer period of time — typically something like 36 months, or 3 years, with the total amount owed being divided into much smaller monthly payments.

Lump sum payments are generally made at a fixed interest rate, while the other options typically come with variable rates.

Typically, you pay a set amount — either in a lump - sum payment or smaller amounts over a number of years — and your child's tuition is set, regardless of when they go to college.

Don't take the lump sum; they typically lowball the offers; claimants would receive a lot more over time if they were patient and took the payments gradually.

Many of the claims were paid in «structured settlements», which were typically funded by annuities, which are paid in multiple payments over time (in contrast to one lump sum payment).

And while there are several different options for structuring a life insurance settlement, benefits are typically paid as a lump - sum cash payment.

One is to have motorists prepay for the miles they expect to drive during the term of coverage (typically a year), either in a lump sum or in several payments.

Protection policies — designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence.

Typically, you will receive a lump sum payment that you can use for anything you choose, from daily living expenses to healthcare costs and alternative therapies.

Critical Illness Insurance is a type of policy where the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illness on a predetermined list agreed upon in the policy.

This type of coverage typically provides a lump - sum payment — up to the policy limit — in the event that loss of life or limb happens during a covered trip.

For this reason, receiving installments instead of a lump sum payment typically means declaring your life insurance proceeds and paying tax on a portion of them.

A single premium immediate annuity allows you to make a lump sum payment and receive an income stream for life or for a certain period of time, typically 10 or 20 years.

Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.

Funding the Plan This type of LTC / life plan typically requires a one - time lump sum deposit amount rather than the traditional monthly or systematic premium payments.

Life based contracts tend to fall into two major categories: Protection policies - designed to provide a benefit in the event of specified event, typically a lump sum payment.

Critical illness insurances works in a very simple way: if you are diagnosed with any of the critical illnesses listed in your policy and survive the waiting period (typically it is 30 days), you will receive a lump sum payment that you can use towards anything you would like.

It works in a very simple way: if you are diagnosed with any of the critical illnesses listed in your policy and survive the waiting period (typically it is 30 days), you will receive a lump sum payment that you can use towards anything you would like.

Severance is typically a lump - sum or regular payment given to employees by some companies when they terminate employment.