Sentences with phrase «named death insurance»

Not exact matches

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

Like all Googlers, our named executive officers are eligible to participate in various employee benefit plans, such as medical, dental, and vision care plans, flexible spending accounts for health and dependent care, life, accidental death and dismemberment, disability, and travel insurance, survivor income benefit, employee assistance programs (e.g., confidential counseling), and paid time off.

Like all employees, our named executive officers are eligible to participate in various employee benefit plans, including medical, dental, and vision care plans, flexible spending accounts for health and dependent care, life, accidental death and dismemberment, disability, and travel insurance, survivor income benefit, employee assistance programs (e.g., confidential counseling), and paid time off.

Actually, the plot is a lot more convoluted than that; it involves a trio of corrupt detectives (Bill Paxton, Shea Whigham, Mike Epps), Nick's ex-wife's alcoholism, a life insurance policy that names Cate as the sole beneficiary, a drug kingpin (Jordi Mollà) out to avenge the death of his son, and plenty of clunky voice - over.

Term life insurance is designed to provide death benefits to the named beneficiaries of the policyholder.

Term life insurance is not taxable if the death benefits are payable to a named beneficiary (which must be a real person).

Although the contingent beneficiary is named in the life insurance policy, he or she won't receive a portion of the death benefit if any of the primary beneficiaries are still alive.

It'll have all the information you need: the name of the beneficiary, the number at which to contact the life insurance company, and the amount of the death benefit.

Consider naming the person who would be responsible to pay off your loans in the event of your death (i.e. co-signer, spouse, etc) as the beneficiary of the policy so that they can receive the cash directly from the insurance company.

Include the death benefit and cash surrender value — if any — of each policy, as well as the names of the insurance companies and the beneficiaries.

Take life insurance as an example: you pay for a policy, and if you die during the term then that money (the death benefit) goes to the person you named as your beneficiary on the policy.

So, even if in his will, your father stated that he wanted you and your siblings to receive life insurance death benefits, but the actual life insurance contract names your aunt as the sole beneficiary, the life insurance contact supersedes what he says in the will.

An added rider to some life insurance policies that pays upon the named insured's death, but only if that death is caused by an accident.

The person or entity that you name as beneficiary on your life insurance policy contract will receive the death benefit proceeds when you die.

In the event of the insured's death, a life insurance death benefit will be paid to the named beneficiary on the policy - provided a claim is filed.

The insurance company will pay the death benefit to your named beneficiary if you die while your policy is in effect.

Life insurance death benefits do not go through probate (unless you name your estate or a minor child as your beneficiary — don't do this) so your beneficiaries will receive the funds much quicker.

A beneficiary is the person or entity you name in a life insurance policy to receive the death benefit.

It is the type of insurance that protects your family, dependant or named beneficiary against the loss which might arise as a result of the death of the insured.

If you mean the death benefits of the insurance policy, then these funds are generally free from income tax to your named beneficiary or beneficiaries.

Another name would be «death» insurance, since the focus is on providing for the insured's beneficiary upon the death of the insured.

The policy is then maintained until death, at which point a named beneficiary receives the insurance proceeds.

Naming a beneficiary in a life insurance policy or leaving a bequest in a will only provides for cash after death, so it may not be the answer for everyone.

Therefore, if you don't have a named life insurance beneficiary, or they're deceased, your family may never receive the death benefit you paid to have in place.

If you are the named beneficiary of a spouse's life insurance policy and their death causes financial loss to you and your family, then you will likely receive the financial payout of their life insurance policy.

If you die, whoever you named beneficiary on your life insurance policy will get the death benefit or payout.

Accidental death and dismemberment insurance, as the name implies, protects you and your family financially in case of an accident that is fatal or results in dismemberment or disability.

A life insurance policy is a contract between you and an insurance company that provides your named beneficiaries with a death benefit payout upon your death (if your policy is in good standing).

In return for a premium payment, an insurance company will pay out a stated amount of tax - free death benefit to a named beneficiary — assuming, of course, the policy is in - force when the insured passes away.

If the policyholder dies within the term of the policy — and the policyholder has paid the premiums and the policy is in good standing — the insurance provider will pay a death benefit to policy's named beneficiaries.

Buying a term life insurance policy would provide your loved ones with a death benefit (paid to your named beneficiary upon your passing), which would help cover the costs that you normally covered.

In return for these premiums, the insurance company will provide a death benefit to a named beneficiary upon proof of the insured's death and a policy cash value.

Life insurance provides a tax - free cash payment to your named beneficiaries (such as your spouse or children) upon your death.

Include living trusts, life insurance policies with named beneficiaries and investment accounts that transferred on death, as non-probate assets.

If a trust is named as owner or beneficiary of the insurance policy, please complete the form called Certification and Acknowledgement of Trust Agreement for Death Claim Settlement.

In many ways, Final expense insurance works like any other type of life insurance policy in that a premium is paid for the coverage, and then upon the insured's death, the proceeds are paid out to a named beneficiary.

In many ways, Final expense insurance — which is also oftentimes referred to as funeral insurance or burial insurance coverage — works like most other types of life insurance in that, in exchange for a premium payment, a death benefit will be paid out to a named beneficiary (or beneficiaries).

An insurance policy provides a tax - free lump sum to a named beneficiary that could be used towards funding college in the event of the death of a parent.

When you purchase life insurance, you pay a premium to the life insurance company with the understanding that they agree to pay the face amount or death benefit to the beneficiary you have named.

When you have a final expense insurance policy, a death benefit is paid out to a named beneficiary upon the death of the insured.

No medical exam life insurance works in a similar manner to regular life insurance coverage in that in return for a premium payment; a death benefit amount is paid out to a named beneficiary.

In its most basic sense, funeral insurance actually works in a similar fashion to most other types of life insurance in that a person pays a premium to an insurance company in exchange for the payment of a death benefit to a named beneficiary in the case of the insured's death while the policy is in force.

Accidental Death & Dismemberment plans are similar to a life insurance policy, in that you would name a beneficiary upon purchasing your travel insurance.

Just like with other types of life insurance coverage, the death benefit proceeds that are received by the named beneficiary are not subject to income tax.

With the whole life insurance policy through Colonial Penn, the full amount of the death benefit will be paid out to a named beneficiary (or multiple named beneficiaries), regardless of when death occurs.

The insurance company pays a cash amount (called the coverage amount or death benefit) to the beneficiary (s) named in the policy upon the death of the insured person named in the policy.

Also known as mortgage life insurance, decreasing term insurance is what its name suggests: throughout the life of the policy, the amount of death benefit protection decreases at a predetermined rate.

Accidental death insurance also referred to as accidental death and dismemberment insurance (AD & D) is designed to pay a set amount to a named beneficiary if the covered individual dies as a direct result of an accident.

In a nutshell, term life insurance comes with a death benefit only, and this is only paid if you pass during the term of the policy, hence its name.

No matter how many different names they come under there are only two types of Oregon life insurance that will cover you for any type of death.