Sentences with phrase «lump sum of money if»

You pay a premium and in return the insurer guarantees to pay your beneficiary a lump sum of money if you die while the policy is in effect.

You pay a monthly premium - $ 500,000 of coverage for a twenty - year term will cost around $ 30 per month for a healthy male in their mid-30s - and, in return, your survivors will receive a tax - free lump sum of money if you die during the term.

Not exact matches

If there's a winner or winners in Wednesday's drawing, they will be given a choice of how to take the money: as an annuity or as a lump sum.

If there aren't many options, consider refinancing your private student loans or trying to settle them with your lender if you have a lump sum of money you can afford to pay at oncIf there aren't many options, consider refinancing your private student loans or trying to settle them with your lender if you have a lump sum of money you can afford to pay at oncif you have a lump sum of money you can afford to pay at once.

Yes we owe the banks around 230 million it's a long term loan we pay back around 25 million a year, this season 2014/15 we ar going to turn ower around 330 + million And our outgoing is going to be around 220 million or less, this season and the next 5 seasons we will be malikng around 110 million profit a year, we had 170million in the bank in April which was confirmed by the club we have spent some money on players 70 + million leaves you with 100 million in the bank then in June we recived 3 new sponsership deal worth around 130 million (wether or not it was paid lump sump or spread across the season to lower profit margin that I haven't looked at) all in all we can spend ready cash ower 200 milion if we realy want we can spend double and more of that sum and we still be within the FFP rules becouse they look at accounts 3 years acumalation

However, if you do decide to go with the lump sum, it's important to carve out the amount of money you'd realistically need to maintain a reasonable standard of living (no, the purchase and upkeep of 19 Ferraris doesn't count).

«In much the same way investment advisors and the investment industry preach dollar - cost - averaging and investing small increments of money over a long period of time, as opposed to one lump sum of money all at once, I think that just goes to justify the benefit of taking the payments over the long run,» says Heath, «Especially if one didn't have a lot of financial aptitude.»

«If you have a lump sum of money and do nothing with it — put it under a mattress, inside a TV or in a chequing account — you're losing purchasing power every single year,» says Preet Banerjee, a personal finance expert.

If a borrower needs the bulk of their reverse mortgage payment immediately, they can receive it as a lump sum payment.6 A lump sum is recommended if the borrower has an immediate need to use a large amount of money to pay down existing debts, make renovations to the home, pay for healthcare expenses, or for any other reasoIf a borrower needs the bulk of their reverse mortgage payment immediately, they can receive it as a lump sum payment.6 A lump sum is recommended if the borrower has an immediate need to use a large amount of money to pay down existing debts, make renovations to the home, pay for healthcare expenses, or for any other reasoif the borrower has an immediate need to use a large amount of money to pay down existing debts, make renovations to the home, pay for healthcare expenses, or for any other reason.

If you can get access to a lump sum of money, from a family member or some other source, it's worthwhile to call up a creditor yourself and simply ask whether it will accept less than the total amount you owe if you pay a lump suIf you can get access to a lump sum of money, from a family member or some other source, it's worthwhile to call up a creditor yourself and simply ask whether it will accept less than the total amount you owe if you pay a lump suif you pay a lump sum.

If you have a lump sum of money and don't need to access it routinely, you might pick from CD or MM accounts that have high APYs.

So, one school of thought would be if you get this lump sum of money, pay down that car loan even though it's at no interest to get it to the point where the car's worth more than what you owe against it.

Similarly, if you've recently come into money be it through a work bonus, surprise inheritance, redundancy pay out or such like, making the most of this lump sum is crucial to your financial wellbeing in the future.

You can also reduce your mortgage by making an extra payment if you find yourself with an extra lump sum of money, such as at tax time.

Alternatively, what if you could receive a lump sum of money that is a portion of the equity in your home for much - needed financial expenses?

It makes a lot more sense for anyone that has a chunk of cash sitting in the bank and are planning on slowly drawing from it because you technically still have all that money in a property (or multiple properties) and can sell them if you really need the lump sum of cash but you'll earn great interest payments until you do that.

If you receive a lump sum of money, like a tax refund, and decide to apply that to your proposal, you can be done even quicker.

If you have a lump sum of money, you can convert it into a safe and steady income stream that lasts for years — or even the rest of your life.

If the policyholder dies while the policy is active, the insurer pays out a tax - free lump sum of money — the death benefit.

When you take out a personal loan, you will apply for a specific amount of money, and if approved, receive this amount as a lump sum.

If you need some money to take care of your emergency but you are not sure whether you can pay in a lump sum, you might consider the small installment loans.

By taking a lump sum, you could run out of money if you withdraw too much or live longer than you ever expected.

These illustrations prove that you'll actually make more money if you invest throughout the course of a down market that eventually recovers, than if you invest regularly during a market that instead, grows steadily (again, results are different from lump sum investing, which will favor consistently upward trending markets):

It is usually only an option if you have a reasonable amount of money available every month to pay your creditors or you have a lump sum or assets that you can include.

Doug Hoyes: Yeah, and I think a debt settlement works if you've got a lump sum of money sitting right there.

You are correct that the sequence of returns makes no difference if you are dealing with a lump sum of money.

So the odds of getting all your money in that single month, if you were to take everything in a lump sum was about 0.08 %.

If you're asked to pick your plan level I'd suggest the Standard Plan, which can be paid in one lump sum instead of monthly, and it'll save you quite a bit of money.

Term life insurance is a kind of life insurance policy that covers you for a set period of time — not your whole life — and pays out a lump sum of money to your beneficiaries if you die while the policy is in effect.

IF YOU HAVE MAJOR COLLECTIONS >> > SETTLEMENT CAN OFTEN WORK if you get a lump sum of money after being in collections... take that amount... split it up at about 60 percent per debt... offer them 40 % and then they will often talk you back up to that 60 and be able to accept iIF YOU HAVE MAJOR COLLECTIONS >> > SETTLEMENT CAN OFTEN WORK if you get a lump sum of money after being in collections... take that amount... split it up at about 60 percent per debt... offer them 40 % and then they will often talk you back up to that 60 and be able to accept iif you get a lump sum of money after being in collections... take that amount... split it up at about 60 percent per debt... offer them 40 % and then they will often talk you back up to that 60 and be able to accept it.

If the policyholder dies during the policy term, the death benefit, a tax - free lump sum of money, is paid out to named beneficiaries.

Indeed, only 14 % of workers have a defined benefit pension plan, according to the US Department of Labor.2 If you're one of those people, you'll want to weigh the pros and cons of how you withdraw the money — as a lump sum or stream of income.

Alternatively, if you get a lump sum of money, it could be wise to put something into a savings account to cover any unexpected costs in future.

Ask yourself if you will be in the same situation, just delayed by a few months or a year, after receiving the lump sum of money that you might get initially.

In either case, you should consider using any increase in your income to pay these off faster, or if you have a lump sum of money available, consider paying them off in full.

And, if you do have a lump sum to invest and you're worried about a market drop, diversify your money into several different asset classes to minimize the impact of a big decline in one asset class.

If a lump sum is provided, then there is always the question of whether the money will be used for the care of the pets and / or whether the caregiver agreed to the arrangement because it was funded.

As the Markoulakis demonstrates, where employees do push back to receive more money, between the use of a salary continuance structure and the duty to mitigate one's damages, an employee can actually receive less money than he otherwise would have received had he accepted the lump sum amount, even if the court agrees that the notice period should be longer.

In case you have enough money lying idle or if you receive a huge amount of money as lump sum, you can opt for one time premium.

So if you can be disciplined enough to save up over the year and make a lump sum payment it can save you a lot of money in the long term.

The lump sum of money assured by the Insurer will be given to the Insured if he survives until the policy matures.

If the insured dies before the term ends, the insurance carrier agrees to pay any beneficiaries a lump sum of money.

If you die while the policy is active, the life insurance company pays your beneficiaries a lump sum of money called a death benefit.

This will pay out a lump sum of money to cover expenses associated with any condition outlined in the policy, and will allow temporary residents some flexibility in their coverage if their disability policy is limited.

If you are traveling abroad and you get into an accident which results in your death, your family gets paid a lump sum of money.

If you have a typical life insurance policy, your family receives a lump sum of money and must decide how to spend it.

For example, if you're near retirement and you have a lump sum of money you want to avoid spending all at once, an income annuity may help you manage your spending by spreading that money out into payments over time.

Most insurance companies in India offer online money income plans that help the insured and his or her nominees to get a guaranteed monthly income along with a lump sum payment, if the plan allows, at the end of the plan tenure.

If you can afford to pay your premium in one lump sum each year, you'll save a bit of money.

This means if the family needs the money to come in the form of a lump sum, regular payments or a mix of regular payment and lump sum, the life insurance company should be able to provide it.