Sentences with phrase «mean increased premiums»
High - risk activities such as scuba diving can mean increased premiums, and sometimes «flat extras» — especially if you don't know which life insurance company to apply with.
https://www.lifeinsuranceblog.net/ Not exact matches
Possible reforms could include raising the full retirement age for Social Security to 70 for workers who are currently under age 40; cutting benefits; increasing payroll taxes on workers; increasing Medicare premiums; and making Social Security benefits more progressive — meaning cutting benefits for high - income workers, while preserving payouts for low - income earners.
Turns out, getting rid of one set of subsidies meant to lower poorer Americans» out - of - pocket health costs can actually raise premiums significantly — and consequently cost the government way more money to help subsidize the premium increases, to the tune of 23 % more spending relative to the cost savings.
It would also increase Medicare's eligibility age to align with Social Security's age, combine Parts A and B, and increase premiums and means testing.
If interest rates decline, however, bond prices usually increase, which means an investor can sometimes sell a bond for more than face value, since other investors are willing to pay a premium for a bond with a higher interest payment.
With these products, the term length is essentially just one year and premiums increase each time you enter a new age group, meaning they become incredibly expensive over the course of 15 or 20 years.
The payment of GST on insurance premiums has boosted those components of CPI inflation over the past year; the method of measurement based on premiums net of claims means that the recorded price of insurance in the CPI has increased by more than the GST rate.
Most bonds (not junk bonds) represent a less risky investment than most stocks, which means that stocks have to offer a higher return as a premium for increased risk.
While employers would be required to pay one half of the cost of the modest premium increase required to finance an enhanced CPP, companies which sponsor defined benefit pension plans would not face additional costs since the great majority of these plans are fully integrated, meaning that they would pay out less as CPP benefits were increased.
This means that the cost of home ownership in the immediate affected areas could be higher, as homeowner's insurance premiums may increase because of the catastrophe.
I am fine with having my insurance premiums increase if it means helping someone with a medical condition.
Critically, this means that Fairtrade Premiums, the extra that producers receive for business or social development, increased by over 10 % in 2011 compared with 2010.
«This will also mean that even with an increase in organic producers everyone will still enjoy those higher premiums because we have increased the demand that comes with an increase in supply.»
«Adding Concentrated Cold Brew to our line up means we are able to deliver all this and more right on the retail shelf — a delicious customizable coffee experience that can be had at home and that meets the increasing demand for personalized, premium, and healthful coffee drinks.»
At the same time, Australia's increasing difficulty in competing on price means that local businesses have little option but to target premium and high quality global markets.
That means the roughly 350 customers of Crystal Run Health Plans will see an 80 - percent increase in their premiums beginning in January, less than the 89 percent the company requested.
It means that we have to increase our premium element to come up a little to support what is there.»
And given the widespread consumer perception of sapphire as a very rugged, scratch resistant and a premium luxury item together with its rapidly falling production costs, means that sapphire will find its way into an increasing number of smartphones.
The $ 400 difference in annual premiums between the policy with a $ 500 deductible and a $ 1000 deductible means the money you save on your car insurance will be more than your increased deductible if you think you can go more than 2.5 years without an «at fault» car insurance claim ($ 1000 deductible / $ 400 annual savings = 2.5 years).
After the initial term, the policy converts into 1 - year annually renewable coverage, meaning your premiums increase each year according to your age.
A policy might replace or pay a rider the cash value of their stolen motorcycle, but that could mean an increase in the cost of premiums for a coverage that is already expensive relative to standard motorcycle insurance policies.
Most bonds (not junk bonds) represent a less risky investment than most stocks, which means that stocks have to offer a higher return as a premium for increased risk.
The premiums are incredibly high and increase over time (in contrast to «level term» policies, «level benefit» means the death benefit stays the same while rates rise), and coverage ends when you turn 80.
The next story about Medicare (arguably a topic many retirees care about), Laura Saunders discusses how many high - income Americans will be subject to increases in premium charges and the key number for planning is the modified, adjusted, gross income (AGI), which usually means a person's adjusted gross income.
Renewal premiums are not guaranteed, which means that they will increase at each 10 - year renewal (as you get older), but once your renewal premiums are set, they will remain the same for the next 10 - year term.1
This means that if you know that you want coverage for a longer period of time, you'll pay a higher average premium with Colonial Penn than if you purchased a longer term policy elsewhere (such as a 10 - year or 20 - year term) since your risk profile increases with age.
Skipping or reducing payments may increase the chance of the policy lapsing, and could mean you'll need to increase the premiums in the future.
Loss forgiveness means that the home insurer will not increase your premium due to the first loss on your home.
Renewal premiums are not guaranteed, which means that they will increase at each 10 - year renewal, but once your renewal premiums are set, they will remain the same for the next 10 - year term.
-- Increasing premiums on employers and employees by one per cent, meaning an extra $ 408 a year coming off paycheques.
That means you could possibly increase, decrease, or even skip a payment depending on such factors as the amount of premium you have paid into the policy, its cash value, and any policy loans or withdrawals that you may have taken.
Increasing a deductible lowers the cost of premiums, but also means a renter will need to have more money available in the event of a loss.
Some insurers, such as iKube and Co-op *, have curfews in place meaning driving at certain times (usually between 11 pm and 5 am but up to 6 am with the Co-op) could result in a fine or an increase in premiums.
This means if you have a few accidents and tickets out there and they weren't detected at the start, your premium will increase when it's time to renew.
The level part means that your premium payments will stay level and the cost won't increase as long as you keep the policy.
This typically means the company will not increase your premiums if you have just one accident and an overall good driving record.
According to the National Association of Insurance Commissioners (NAIC), the average cost of an auto insurance premium in the U.S. is $ 815, which means an increase of 41 percent would result in about a $ 335 spike.
That means that generally premiums are level for life, unlike term insurance premiums that increase over time.
More importantly, the value premium increases as we go to lower earnings quality firms, and this is primarily because of a decline in one year ahead mean returns of the growth stocks across the earnings quality quartiles and a corresponding rise in mean returns of the value stocks.
«Income» for the purposes of the premium assistance tax credit and the FPL is based on modified Adjusted Gross Income (AGI), which means AGI increased by any income not reported due to the foreign earned income or housing cost assistance exclusions, any tax - exempt interest (i.e., municipal bond income), and any Social Security benefits that were otherwise excluded from income.
It is also income for all other purposes as well — which means it increases Adjusted Gross Income (AGI) and can impact tax deductions (e.g., the medical expense or miscellaneous itemized deductions) or the phaseout of tax credits (from the American Opportunity Tax Credit, to the phaseout of premium assistance tax credits for health insurance).
Now what that means is it not only increases the cost of the product as part of that amount that you've got to pay at the start, but it means that you're paying interest on your premium as well, because it's part of the loan.
The PDS will tell you if your cover will increase by the Consumer Price Index (CPI) or by a predetermined amount - which means your premium will rise to cover the larger amount of cover.
While this means lower premiums overall due to increased competitiveness, it can lead to more questions because more options are available.
That means people who took out universal life insurance coverage in the 1980s and 1990s, when interest rates hit their peak, saw their premiums gradually increase and potentially become unaffordable.
This means that you can renew the policy for another term without having another medical exam, but your premiums will probably increase.
Does this mean that when I renew the policy the premium is likely to be increased or coverage restricted because of a diagnosed condition?
Airlines are increasingly turning to bidding as a way to sell remaining seats in their premium cabins, which means passengers hoping for an upgrade need to learn some new skills to increase their chances.
This is significant because it means that you can avoid filing a claim with an insurance company, which also means you'll probably be able to avoid fees along with an increase in your monthly premium.
Second, British Airways» Avios program underwent a major devaluation last April that meant some huge increases in redemption requirements for most premium - cabin and partner awards.