Sentences with phrase «of a lump sum»

A term life insurance payout is another form of a lump sum payment, once it's paid out to your beneficiary they can use it to pay for anything.

Some insurers offer monthly payouts instead of a lump sum payment.

Limited payment includes payment of premium for a specific amount of time say 3 to 5 years whereas Single payment refers to payment of a lump sum amount of money in one go.

The nominee can also opt for combination of lump sum and monthly payout together.

Terms calling for payment of a lump sum in lieu of alimony at an increasing scale according to the length of the marriage are common.

I would much rather get a lump sum of points with a rewards credit card instead of a lump sum of interest with a store credit card.

The beneficiary may opt to receive all future outstanding annual payouts in the form of a lump sum benefit.

The policyholder pays a regular premium, and upon their death, the survivor receives a monthly income for life, instead of a lump sum death benefit.

You will also be required to use part of any lump sum payments you receive.

The use of lump sum payments to help accelerate the process often goes overlooked.

It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival.

This policy offers payout in the form of lump sum for the nominees or even as a regular monthly income.

The parties agreed that a «clean break» by way of lump sum was the most appropriate.

They provide financial security to the family of the deceased person in the form of lump sum money assured in order to cover all the financial needs and requirement.

The long - term care benefit is usually a percentage of the lump sum amount of dollars in the policy.

This is a combination of lump sum payout and annuity payout methods.

This calculator is also referred to as a future value of lump sum calculator or retirement annuity calculator.

The plans are offering good options of lump sum payment or monthly income as death benefits.

A term plan will provide death benefits to the nominee in the form of a lump sum pay - out.

The cancer stage needs to be clearly established by the medical report for the pay - out of the lump sum benefit.

It can take veterans years to save that kind of lump sum.

Do you have specifics on if there is a target for the size of that lump sum?

Therefore I'm considering holding off on contributing much of anything and doing a couple of lump sum contributions in the last quarter of next year.

First decide how much of a lump sum you want to invest initially.

Rather, the civil damages are reduced by the amount of the lump sum received.

However, instead of a lump sum loan, the borrower can borrow what they need up to the determined credit limit.

The claimant argued that, but for the firm's negligence, he would have had to pay a third of the lump sum ordered by a district judge on his divorce.

You can opt to receive the amount in full, as a yearly payout for the next 5 years after maturity or a combination of lump sum withdrawal and regular payouts.

It depends on your insurance company and the contract you have with them, but many policies allow you to nominate multiple beneficiaries particular in the case of lump sum payments.

That's one heck of a lump sum for any player to forgo.

The after - tax amount available is in the form of lump sum distribution after the deduction of federal taxes and the original investment amount in a 32 % tax bracket.

This change will ensure consistent treatment of lump sum death benefits across all super funds.

Generally, you'll need to offer up some sort of lump sum payment, but there may be situations where a payment plan might be set up.

The amount they actually contribute to the plan has nothing to do with the value of the lump sum though.

These types of lumps sums shouldn't be treated like birthday gifts and blown on something fun and frivolous.

Upon retirement, employees have a choice of a lump sum or a series of monthly payments.

Outside of these lump sums, the royalty streams for sound recording do not offer a living wage for most musicians.

Compensation of a lump sum and substantial lifetime payments were recovered for the child.

Unfortunately, many companies will want injured workers to give up medical benefits as part of a lump sum resolution.

Once I'm retired, my house will be paid off and my investment portfolio will take the place of that lump sum.

You can also have the flexibility of choosing a mix of a lump sum money back amount and pension under these plans.

Under this term plan, you can choose to get a monthly income paid out instead of a lump sum when the policyholder passes away.

It brings them the security of a lump sum that can ensure your debts or any other financial commitments are taken care of.

Critical illness insurance for organ transplant is an utmost necessity because of the lump sum amount received post diagnosis.

It is a conventional plan which comes with a proposition of lump sum payment at the end of the policy term.

Advance tax implies the income tax that is paid well in advance, in lieu of lump sum tax payments made at the year end.

Another option is to do a combination of a lump sum and monthly payments.