Sentences with phrase «need additional life cover»

It does not matter whether you need additional life cover or not.

Not exact matches

We then calculated the annual retirement income needed to cover these living expenses, with an additional 20 percent to account for the «comfortable» aspect of retirement.

First of all, additional living expense coverage kicks in to cover the immediate need for a place for your family to sleep.

If you live in an area that's prone to earthquakes or floods, a standard renters policy won't cover you for those disasters, so you'll need to get additional coverage, Larkin - Thorne says.

Knowing whether your insurance covers your family and all of the people living with you that you consider to be your family tells you whether you might need an additional endorsement for someone or if there are limitations on the coverage.

We then calculated the annual retirement income needed to cover these living expenses, with an additional 20 percent to account for the «comfortable» aspect of retirement.

Increasing your expected death date will show you how much you'd need to reduce your monthly spending now to cover the additional living years later.

When you buy a new house, for example, you may want an additional term life policy that can cover the mortgage payments if need be.

Paula decides she needs some additional life insurance cover, so she compares the cover and cost of increasing her insurance through super with getting a separate policy outside super.

Filing a dangerous drug lawsuit can allow you to hold an SSRI manufacturer liable while providing your family with the financial resources you may need to help your child heal from or live with his / her condition, while covering necessary costs and additional damages.

Another type of coverage you might buy as part of an earthquake policy would provide «additional living expenses,» money to cover the costs of temporary housing and other basic needs after a disaster.

Since this only covers accidental death and does not cover natural causes (such as heart disease, stroke, or cancer), this life insurance rider is best purchased when the insured is maxed out on the amount of life insurance they can qualify for and he or she need some additional coverage.

Only a few people don't need life insurance; most people need it because they do not have the funds readily available to cover all debts and funeral expenses, they want to offset the loss of their income to their spouse and / or children, or simply because they want to leave additional money to extended family or a charity.

Make it a habit to review your life insurance needs and change your life insurance cover whenever there is a change in the financial situation, such as a rise in your income or a rise in financial responsibility by way of an additional family member or the need to take care of aging parents or a large house loan.

When you buy a new house, for example, you may want an additional term life policy that can cover the mortgage payments if need be.

Additional living expenses (ALE) covers the extra costs incurred if you need to live elsewhere because your home is rendered uninhabitable as the result of a hurricane (or any other insured disaster).

Additional living expenses — If a covered peril causes sufficient damage that you need to move out, we cover the extra living expenses until repairs are complete or you find a new home.

If you live in an area that's prone to earthquakes or floods, a standard renters policy won't cover you for those disasters, so you'll need to get additional coverage, Larkin - Thorne says.

Most policies cover additional living expenses, which are the extra charges over and above your customary living expenses incurred when you are displaced from your home and need temporary shelter.

If your home is destroyed by a disaster that your policy covers and you need to live elsewhere, renters insurance covers your additional living expenses.

A 15 year term life insurance policy could provide the ideal solution for additional proceeds in order to cover this potential need.

If you purchase final expense life insurance early enough in life, and your dividend payments are high enough, you may be able to have your dividend payments cover your cost of insurance and you may not need to make additional payments.

But yes, you need to purchase additional life cover.

Cheap rates and flexibility also make term life insurance a perfect choice when additional protection is needed to cover debts and liabilities.

They can help you decide if you need any additional riders or policies to cover things like earthquakes, depending on where you live.

Also, it is cost - efficient if you choose a policy term of 30 years rather than 20 years because later in life i.e. after 20 years if you feel you need to take an additional 10 years of cover your premium will increase because after so many years, it is obvious your age will increase and your health may be impacted.

First of all, additional living expense coverage kicks in to cover the immediate need for a place for your family to sleep.

If you buy a pension plan with life cover, you need to pay higher premiums, as it provides additional benefits of insurance, the rate of premium charged by your insurer depend on the type of plan and its benefits offered.

Additional features: Now a days there are many term insurance plans are coming with various additional features like additional riders, monthly income option, additional life cover, term insurance plan with return of premium etc. now you can explore them and choose the one as per you need and also you think it will beAdditional features: Now a days there are many term insurance plans are coming with various additional features like additional riders, monthly income option, additional life cover, term insurance plan with return of premium etc. now you can explore them and choose the one as per you need and also you think it will beadditional features like additional riders, monthly income option, additional life cover, term insurance plan with return of premium etc. now you can explore them and choose the one as per you need and also you think it will beadditional riders, monthly income option, additional life cover, term insurance plan with return of premium etc. now you can explore them and choose the one as per you need and also you think it will beadditional life cover, term insurance plan with return of premium etc. now you can explore them and choose the one as per you need and also you think it will benefit you.

By making sure you take out the best policy to suit yours and your families needs with the correct amount of life cover now, you avoid additional charges or new policies if you decide that you need additional coverage or a different policy later.

Sometimes you may need an additional life insurance to cover a temporary need.

Condo tenant insurance covers your contents (should they be damaged through fire, theft, etc.), third party liability, and additional living expenses (the costs of the hotel room or rental unit you would need to stay in if the condo unit you were renting became unliveable (due to fire, flooding, etc.).