Sentences with phrase «most life insurance owners»

This is more complicated than most life insurance owners need, but it can be a useful option if available.

Not exact matches

Probably the most important role life insurance plays in your business is that of protecting the owner, employees and family members.

The sequel, easily one of the better films of the summer (and certainly it's most joyful), finds the eponymous conjurer living his dream as a small - business owner, complete with a single employee whom he can't afford to provide health insurance.

And in most instances the plans are referring to permanent life insurance plans that provide cash value to the owner.

Homeowners» Insurance: Required for all mortgage loans, protects the home from damage and theft Owner's Title Insurance: Optional policy ensuring the title will not be subject to a claim of ownership, lien or other encumbrance Private Mortgage Insurance (PMI): Required by most lenders when the down payment is less than 20 % Federal Housing Administration (FHA) Mortgage Insurance Premium: Required on all FHA loans Mortgage Life Insurance: Optional policy that protects family and estate by paying off the loan in case of death Disability Insurance: Optional policy that guarantees loan payments will be made in case of disability

Most loans and financial products come along with a life insurance premium but car loans can include other insurances to make sure that the loan is repaid if an unexpected event damages the vehicle beyond recovery or the owner is unable to repay the loan for a justifiable reason.

Like other types of cash value life insurance policies which allow policy loans, most annuity contracts allow owners to borrow against the annuity contract's accumulated cash value.

Term life insurance is affordable, perfectly matched to the needs of most business owners, and simple to apply for if you use Quotacy.

Most policies have a 2 - year contestability period, which means during the first two years after buying life insurance, if it is found your insurance policy was issued under misrepresentation, withholding of information by the insured or the owner, or similar reasons, the insurance company can declare your insurance policy and any associated riders void.

For this reason, it's important that all pet owners consider buying pet insurance to protect their loved ones from some of life's most unfortunate accidents...

Most term life insurance policies will allow the owner of the policy to renew until age 95.

Most of the time the insured is the owner of the life insurance policy.

Most term life insurance allows the policy owner to renew until age 95.

Under United States tax law, for example, most owners of variable annuities and variable life insurance can invest their premium payments in the stock market and defer or eliminate paying any taxes on their investments until withdrawals are made.

Finding affordable health care and life insurance is one of the most frustrating challenges for new business owners.

Reinstatement Provision Most life insurance policies will grant the policy owner the right for a limited period of time to reinstate a policy after it has lapsed.

The most common situation where you would have a policy owner is for children's life insurance.

Car owners should buy all their insurance policies such as personal life insurance, home insurance and auto insurance from one insurance company, as most companies offer good rates on combination packages.

Since, 1994, we have helped thousands of business owner's and companies of all shapes and sizes find the most competitive key man life insurance policies.

We work with business owners on a daily basis and one of the most common questions asked is, «what is the difference between a regular life insurance policy and a key man insurance policy?»

For example, with most ordinary life insurance policies, the policy owner and insured are the same person, and the beneficiary is usually a spouse or other family member.

As you can see, just over half of surveyed life insurance owners cite that covering the costs of their funeral / burial and other final expenses is a major reason as to why they purchased life insurance, replacing income is the second most common reason.

Most business owners recognize the importance of life insurance and use it to solve many of the problems associated with maintaining and growing a successful company.

Key man life insurance, also called key person life insurance, is protection designed to sustain a business or organization in the unfortunate event it loses one of its most valuable employees, executives or owners to a sudden and untimely death.

Additionally, in most states, cash value inside a life insurance policy is protected from creditors making it an especially effective tool for business owners to use to grow their assets.

Most life insurance premiums are not tax deductible, but there are a few exceptions for individuals and business owners.

Most 10 year term life insurance policies are also convertible, allowing the policy owner to convert to permanent life insurance, without a medical exam.

An accelerated long - term care benefit rider is the most common and allows the policy owner to draw down the existing life insurance death benefit.

Although sba.gov does not currently use mandatory language, most small business owners would be hard pressed to find a lender that does not require a SBA loan be covered by life insurance, unless there is no concern over whether the business could survive in the absence of an individual or small group of individuals.

Self proclaimed owner of one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation, Prudential Life is definitely a force to be reckoned with in the world of life insuraLife is definitely a force to be reckoned with in the world of life insuralife insurance.

Not the most popular of available term life insurance options and is usually offered as supplemental options to property owners, homeowner and multiple policy owners.

Term life insurance is affordable, perfectly matched to the needs of most business owners, and simple to apply for if you use Quotacy.

Most vehicle owners understand that having a safe driving record, a car with a lot of safety features, and a moderately priced vehicle will result in lower insurance rates, but what about where you live?

Most term life insurance policies include a conversion option rider allowing the owner to convert to a permanent policy with no proof of insurability, i.e. no health screening.

Owners can also take the dividend payments as income paid directly to them or buy more insurance with them, and they can also use the cash value to pay for the life insurance after a certain point in time (in most cases).

Most key person life insurance is structured with the business being the owner and beneficiary of the life insurance policy.

Life insurance contracts are long, can sometimes be confusing for less educated folks, and because they are delivered after payment is made in most cases it is impossible for an owner to review a contract before purchasing.

Most insurance companies send the owner of the whole life policy an annual statement.

Your own renters, auto and perhaps life insurance policies are the key types of protection most young adults may want to consider, says Tonia Maxwell, an Allstate agency owner with offices in Norwalk, Ohio and Vermilion, Ohio.

This rider offered by most life insurance companies will pay an income if the owner of the policy becomes completely disabled during the policies lifetime.

However, most existing permanent life insurance was issued under «old» mortality tables with a maximum age of 100 (or even age 96), which means most permanent life insurance owners still have to contend with the possibility that they can actually outlive their life insurance... and face the tax consequences that come with it!

However, most policy owners opt for a larger policy amount, like $ 100,000 of life insurance or even $ 500,000 of life insurance.

As a result, most prudent business owners opt for a 10 year term life insurance policy that extends across the life of the loan.

With few exceptions, most term life insurance contractually offers the ability for the owner of the policy to convert his / her policy into a «permanent» policy at the same health rating of their current policy without evidence of insurability.

Permanent life insurance can be one of the most versatile retirement tools available because the owner controls the contribution and distribution of the account value.

In fact, by purchasing term and investing the difference, most owners can save the same amount as the total death benefit by the time the term life insurance expires, negating the need for insurance coverage at all!

And in most instances the plans are referring to permanent life insurance plans that provide cash value to the owner.

Some consideration was also given to the owner of the life insurance policy which in most cases is the one who earns the larger portion of the family's income.

But here's the crucial difference: whereas the premiums paid into most standard UL polices earn interest within a life insurance company's General Account, as it's known, Variable Life policies earn interest on a portfolio of investments that you as the policy owner choose from a selection offered by the company (key: check the selectiolife insurance company's General Account, as it's known, Variable Life policies earn interest on a portfolio of investments that you as the policy owner choose from a selection offered by the company (key: check the selectioLife policies earn interest on a portfolio of investments that you as the policy owner choose from a selection offered by the company (key: check the selections).

For most people in their 30s, business life insurance will take the form of key man insurance, although some business owners may need to consider buy - sell life insurance.