Sentences with phrase «lump sum payment in»

Both processes also allow for solutions that differ from what a court might be able to order - such as a lump sum payment in lieu of alimony.

4) Income Option — This plan option is for those individuals who want a regular stream of income for their nominee apart from a lump sum payment in their absence.

It pays a lump sum payment in case of unfortunate death helping your family to take care of the financial loss occurred due to your unfortunate demise.

It pays a lump sum payment in case of unfortunate death helping... Read more

The main benefit with a cancer insurance type of policy is the ability to obtain a lump sum payment in the event of a diagnosis of a covered condition that is almost guaranteed to be financial burden.

A single premium immediate annuity is an annuity offered by insurance companies that requires one single lump sum payment in order to receive the benefit of regular payments for a certain amount of time.

The plan gives a total lump sum payment in the event of policyholder's demise.

This lump sum payment in child education plans can be foremost utilized towards education expenditure.

Shriram New Shri Raksha Plan: This plan pays a lump sum payment in case of unfortunate accidents that might lead to death and helps your family in clearing debts.

You can use this lump sum payment in any manner you choose.

These insurance policies can provide coverage in the form of a lump sum payment in the event that you are diagnosed with specific diseases considered life threatening, such as cancer, heart disease, diabetes, stroke, kidney failure or Alzheimer's disease.

Claimants are likely to find that the advantages of periodical payments will decisively outweigh that of the traditional lump sum payment in high value claims,» he says.

This notice may be provided as working notice, by salary continuance in life of notice, or as a lump sum payment in lieu of notice.

I agree to settle at this time in order to obtain a lump sum payment in order that I need not become compelled to attend on assessments, medical appointments, and participate in rehabilitation programs mandated by the accident benefit insurer and to avoid the risks of proceeding to arbitration.

People generally choose to set up this kind of annuity if they experience a large one - time lump sum payment in their lives, such as a significant inheritance, the sale of a business, or even winning the lottery.

A debt settlement for less than the full balance owed gives a debt collection company the opportunity to collect a lump sum payment in one big payment, and creditors often don't turn down a lump sum chunk of cash!

Permanently injured workers may also receive a lump sum payment in addition to monthly compensation.

• About 16 per cent of mortgage holders increased their mortgages payments in 2016 and 18 per cent made an additional lump sum payment in the last year.

Also it's my understanding the contribution rules changed to allow making lump sum payments in 2007 so I should get the grant for a bit of missed time and also going forward, right?

It is «fake news» to focus on the increased lump sum payments in clinical negligence actions without considering a periodical payments order.

Not exact matches

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through theIn some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through thein which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

These are financial products that provide you with a series of monthly payments in exchange for one lump - sum purchase, and some of them promise that regular income for life.

He stopped contributing to his RRSP when the market crashed, but plans to restart — with a lump sum for the payments he missed — in 2010.

You give an insurance company money in a lump sum or in payments over a period of years, then at retirement, the cash gets «annuitized,» or paid out in a string of payments based on your life expectancy.

Unlike purchase arrangements at other carriers, Sprint's leases require the customer to turn their iPhone in at the end of the 18 - month term or make a lump sum payment (customers can also upgrade their phone after 12 months).

Many enter into balloon car loans thinking that they'll see an increase in their income by the time the payment is due, often leaving themselves unable to pay down the lump sum.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.

In most cases, the SBA prefers a lump - sum payment offer over a payment plan.

You could buy a 5 - year MYGA, for example, for a lump sum payment of $ 75,000 that's currently sitting in a low - interest savings account, to guarantee a steady stream of income for the next five years.

In an immediate annuity, the purchaser gives an insurance company a lump sum of cash and receives payments until they die.

When you buy an income annuity, you turn over a lump sum in exchange for the payments, and you usually won't have access to that money anymore.

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

You can pay in a lump sum or opt into our payment plan.

In this case, your bank will provide a lump - sum loan payment or extend a line of credit based on this amount.

Single premium PMI allows the homeowner pay the mortgage insurance premium upfront in one lump sum, eliminating the need for a monthly PMI payment.

Disposable income was also boosted by the measures in the May 2004 Budget, particularly the lump - sum payments associated with the Family Tax Benefit and the income tax cuts from 1 July.

Some 18 per cent of respondents said they had increased their payments in the past year and 16 per cent said they had made lump sum payments.

You purchase the contract for a specific amount of money, either through a lump sum or periodic payments, and in exchange, the insurer agrees to pay you a set amount on a recurring basis.

Others simply prefer to make payments in a one - time lump sum.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

In exchange for a lump sum or a series of up - front payments, you will later receive a steady, predictable annual income.

If you bought a home at the median price of $ 255,990 and wanted to avoid paying private mortgage insurance, you'd need to put down a 20 percent down payment (more than $ 50,000) in one lump sum.

Note: Welfare is measured as equivalent variation — the lump - sum payment to households to leave them as well off without the TPP as with it; values are in Canadian dollars (millions) at 2017 prices.

The money in your annuity — which you invest as a lump sum or through a series of payments, depending on the policy you choose — generates a stream of income paid to you for your lifetime.

With an installment personal loan, a borrower receives the money in one lump sum and then repays it in regular (usually monthly) smaller payments.

Receive one lump sum and pay it back in fixed monthly payments.

Another method is the lump sum payment, in which the investor's funds are transferred to an insurance company to purchase a revenue stream.

Payment can be made in one lump sum, or via direct debit for non-students.

Tedisco's bill requires all member items, discretionary funds, and so - called «lump sum payments», which are controlled by the Speaker of the Assembly, Senate Majority Leader and Governor and negotiated in many instances behind closed doors, be made public and fully transparent within the state budget.