Sentences with phrase «money upon your passing»

A $ 10,000 policy with one company will pay the same amount of money upon your passing as a $ 10,000 policy from another insurance company.

Life insurance is designed to protect your family's financial security after your end of life by paying out a sum of money upon your passing.

Not exact matches

Asked about why authorities do not issue receipts to visitors upon taking money from them, the PRO replied that they give back the pass to them, which serves as a receipt

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

Give piles of money to stink tanks, which can be relied upon to develop and pass along the clever anti-bike anti-mass transit talking points to news directors and astroturf groups.

In passing it should be said that I agree with the gathering voices who are demanding an explanation as to why the CPS, in the face of all this, considered that it was worth expending very many hours and thousands of pounds of taxpayers money upon taking this man through the whole panoply of criminal courts that this country has to offer.

It states: «That upon any land so granted by way of gift as aforesaid, or any part thereof, ceasing to be used for the purposes of the institution, the same shall thereupon immediately revert to and become again a portion of the estate or manor or possessions of the Duchy, as the case may be to all intents and purposes as fully as if this Act or any such grant as aforesaid had not been passed or made, except that where the institution shall be removed to another site the land not originally part of the possessions of either of the Duchies aforesaid may be exchanged or sold for the benefit of the said institution, and the money received for equality of exchange or on the sale may be applied towards the erection or establishment of the institution upon the new site.»

One key point to make here is that if two or more primary beneficiaries are selected, and one or more of them is dead upon the passing of the insured person, the money will be distributed to the remaining primary beneficiaries, rather than any of the funds going to the secondary beneficiaries.

Your Family Can Remain in Your Home Upon Your Passing — Your family will have the money necessary to help them remain on the home, instead of being in financial distress and having to find a less expensive place to live.

If you'll have a lot of assets to pass on or assets worth a lot of money, talk with your estate planner or attorney about the policy so that the money pays for estate taxes your heirs would have to contend with upon your death.

The policy will pay out the set death benefit tax free to your beneficiaries upon your passing (unless you have their Modified plan) which gives them the money to pay for your final expenses.

Upon your passing, your beneficiary or beneficiaries would receive the payout money — the coverage amount of the insurance policy.

This means that generally speaking an insured person can pass along money to heirs without incurring any additional taxes based upon life insurance proceeds.

To self - insure simply means that upon your passing, the money that you have accumulated will be used for all final expenses and needs.

TrafficSchool101, also offers the option of submitting an electronic verification of your passing of the course upon completion, saving you a lot of time, money, and hassle.

To put it in its most basic explanation, life insurance is a contract where you agree to pay a monthly premium and the insurance company agree's to pay your beneficiary an amount of money agreed upon in the contract when the covered person passes.

Florida lawmakers are poised to pass a bill that will add «virtual currency» to the state's money - laundering statute, a change hailed by law enforcement although frowned upon by some enthusiasts of bitcoins.