Sentences with phrase «money upon the death»

Life insurance is a contract between you and a life insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the policy is still in force.

If you would like to will your kids some money upon your death, then why not leave them the remains of your Roth 401k?

Life insurance is a promise by an insurance company to pay those who depend on you a sum of money upon your death.

However, you might not even need to go to a bookmaker: A contract that pays money upon the death of a specific person is known commercially as «life insurance.»

Furthermore, conventional life insurance pays out a set lump sum of money upon death.

All life insurance policies work on the same basic premise; make payments, called premiums, to the insurance company, which guarantees to pay chosen beneficiaries a sum of money upon the death of the insured.

You can name any beneficiary, typically a family member, who would make the claim and receive the money upon your death.

It defines life insurance «as a contract between and insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.»

Life insurance is insurance that pays out a sum of money upon the death of the insured person.

Term insurance is a type of policy that pays a predetermined amount of money upon the death of the person insured.

Life insurance refers to a contract between the insured and the insurer, where the latter agrees to pay a beneficiary a specific amount of money upon the death of the insured.

Not exact matches

Upon your death, the beneficiaries file claims and are paid directly by the insurer, as the money isn't considered a part of your estate.

So basically: «Give me your money, leave me alone with your little boys and I will make believe with you that upon your death, your soul will magically ascend into infinite bliss with your loved ones forever».

@Barmar Based on the wording of the question -LRB-» I see no reason why the government should tax the money a parent wishes to endow upon their children»), I interpreted his question to be regarding the estate tax, sometimes derogatorily referred to as the «death tax.»

It even trickles down to the children who live there: Owen, who desperately wants to fit in with JT's crowd, tries to impress them with his new iPod, bought from the money his family received upon his father's death.

But the real motive is money, which she expects to collect upon his death.

If You're Bored 88 Minutes A Cinderella Story: Once Upon a Song Blood Diamond Cleverman: Season 2 Death Sentence Don't Be a Menace to South Central While Drinking Your Juice in the Hood Eagle vs. Shark Generation Iron 2 Ghost Patrol Ice Guardians Lockup: Disturbing the Peace: Collection 1 Made of Honor Miss Congeniality 2: Armed and Fabulous No Reservations Penelope PJ Masks: Season 1 Set Up Tokyo Idols Vanished Veronica Mr. Dynamite: The Rise of James Brown (Oct. 2) Sleeping with Other People (Oct. 2) The Survivalist (2017)(Oct. 3) Schitt's Creek: Season 3 (Oct. 5) The Fosters: Season 5 (Oct. 5) Chris Brown: Welcome To My Life (Oct. 7) Middle Man (2016)(Oct. 7) The Skyjacker's Tale (Oct. 10) LEGO: City: Season 1 (Oct. 15) Money (Oct. 15) OtherLife (Oct. 15) She Makes Comics (Oct. 15) West Coast Customs: Season 6 (Oct. 15) Wedding Unplanned (Oct. 19) The Mist: Season 1 (Oct. 24) The Final Master (Oct. 25) La Querida del Centauro: Season 2 (Oct. 25) Strange Weather (Oct. 26)

Adams's life story encapsulates the history of the founding era, for she defined herself in relation to the people she loved or hated (she was never neutral): her mother, whom she considered terribly overprotective; Benjamin Franklin, who schemed to clip her husband's wings; her sisters, whose dependence upon Abigail's charity strained the family bond; James Lovell, her husband's bawdy congressional colleague, who peppered her with innuendo about John's «rigid patriotism»; her financially naïve husband (Abigail earned money in ways the president considered unsavory, took risks that he wished to avoid — and made him a rich man); Phoebe Abdee, her father's former slave, who lived free in an Adams property but defied Abigail's prohibition against sheltering others even more desperate than herself; and her son John Quincy, who worried her with his tendency to «study out of spight» but who fueled her pride by following his father into public service, rising to the presidency after her death.

Life insurance policies pay money to a beneficiary upon the policyholder's death.

At its most basic, life insurance provides a sum of money, called a death benefit, to the beneficiary of a life insurance policy upon the death of the insured.

If you're not familiar a term life insurance policy is a contract that pays a specific amount of money upon the policy - holder's death.

I plan to leave money to my friend upon my death.

This beneficiary is the individual who will receive the policy's benefits (money payout) upon your death.

Upon your death, generally none of the money you invested in the annuity will pass to your heirs, unless you accept a lower payout.

Benefit: For life insurance, it is the amount of money specified in a life insurance contract to be paid to the beneficiary upon the death of the insured.

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 you wish to give your TFSA (tax - free savings account) money to a designated person upon your death, this can be done using one of two options available through the TFSA.

Other popular reasons for having life insurance include: Income replacement for dependents; to pay off debt like a mortgage or a line of credit; to create an emergency fund; to cover final expenses incurred upon your death; for estate planning reasons or to leave money to a favourite charity.

To do this, you can stipulate in your will that upon your death the cottage should be sold and, once all taxes and transaction costs are paid, the remaining money should be split among your kids.

Death benefit The money paid out upon the event of the policyholder.

A premium is paid monthly to keep the policy active, covered in full or in part by the employer, and upon the death of the employee a lump sum of money, the death benefit, is paid out to a designated group or person known as the beneficiary.

Even if you have enough money, you can call upon a resident deity which can perform miracles such as decimating your foes, giving you buffs, or even reversing a game over entirely for one instance of your death.

Blinged Out Ride had you trying to upgrade your team car from level 1 to level 4 before the opposing team, using the money they dropped upon death.

Upon your death, what will happen to all of your hard - earned money?

While some may claim that a Living Trust will assure that your heirs receive money more quickly upon your death, the fact is that assets have to be collected and often sold; debts and taxes must be paid and a Living Trust does not change that.

The mortgage may be paid off, but what if the best decision upon your death is to do something different with the money?

The life insurance cash value is the amount of money you are given if you cancel (surrender) the policy before you die, while the face amount (death benefit) is the amount your beneficiaries will be paid upon your death.

Or is it just another way for your mortgage company to siphon extra money out of your wallet each month while protecting itself upon your death?

You can name any trusted family member as a beneficiary and they will be responsible to make the claim and use the money to carry out your wishes upon your death.

This is the amount of money, sadly, paid out upon the insured's death.

Life insurance is a contract where, in exchange for premium payments, a lump sum of money is paid upon the death of the insured person.

Life insurance will pay money to your beneficiaries upon death.

Life insurance is financial coverage that pays a specified amount of money to a chosen beneficiary upon the death of the main policy holder.

A premium is paid monthly to keep the policy active, covered in full or in part by the employer, and upon the death of the employee a lump sum of money, the death benefit, is paid out to a designated group or person known as the beneficiary.

The death benefit of a life insurance policy is the amount of money that is paid out to your beneficiaries upon your death and is determined by the life insurance contract.

In other words, how much money would it cost to replace your pet (pain and suffering excluded) upon their death?

Death benefit The money paid out upon the event of the policyholder.

Life Insurance or assurance is a legal contract between the insurer or the insurance company, and policy owner / holder who is the person availing of the plan and whose family will receive money upon his / her death or any other event such as terminal disease.

This beneficiary is the individual who will receive the policy's benefits (money payout) upon your death.

Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).