Sentences with phrase «of joint life»

The number of joint life options are limited.

Variable Survivorship Life Insurance also is known as Survivorship life insurance is a type of joint life insurance policy that insures two people.

Here comes the concept of joint life term insurance policy.

As the concept of joint life term insurance plan is new, there could be many advantages and disadvantages of doing a joint life term insurance policy.

In this article I will share more details about such policies and also share the existing list of joint life term insurance policy available in current market.

If one partner passes away, the surviving spouse is not only entitled to receive the full assured sum on the primary policyholder's cover, but he / she also does not have to pay future premiums to keep his / her cover for this type of joint life insurance in force.

After weighing the specific utility and convenience of joint life covers, it may be a good idea to split your insurance requirements between a regular term plan and a joint life insurance policy.

PNB MetLife, AegonReligare and State Bank of India (SBI) Life have recently launched this type of joint life insurancethat cover couples under one policy.

In some policies of this type of joint life insurance, in case of one partner's death, the beneficiary may opt to receive either a lump sum or monthly payments for up to 10 years.

However, in the case of a joint life insurance policy, this may turn problematic.

In case of the Joint Life Last Survivor Annuity option, the policy terminates on the death of both annuitants.

In this type of joint life insurance, if one of the partners passes away, the surviving partner can claim for the life cover amount, after which, the cover expires.

Some of the joint life and term insurance plans currently available in the market are the PNB Metlife Mera Term Plan, Aegon Life iSpouse Insurance Plane, Baja Allianz iSecure Plan, HDFC term Assurance Plan, SBI Life Smart Hamsafar, LIC Jeevan Sathi Plus, and others.

Joint Term Plan: In this type of joint life insurance, both individuals pay a single premium for a fixed period.

Some policies of this type of joint life insurancehave a limit on the claimable cover amount.

In some cases, the company might also return the single premium which was paid to secure the pension after the death of the annuitant and in case of a joint life annuity, on death of the spouse.

To illustrate, a couple — husband aged 36 and wife aged 35, choose from the many types of joint life insurance policies for INR 50 lakhs and INR 25 lakhs respectively.

Financial planners opine that covers for homemakers are not really necessary because the core objective of joint life insurance is to replace the life insured's income for his / her dependents» benefit.

In this type of joint life insurance, the couple receives an assured sum after the policy's expiration.

Moreover, beneficiaries of a joint life insurance policies can receive a payout on the death of one of the partners or both.

Before you explore the key features and benefits of Joint Life Insurance, it is important to know the different types of joint life insurance.

There are two forms of joint life insurance, first to die and second to die.

Aegon Religare's iSpouse is the latest addition in the kitty of joint life term insurance plan in India.

However, the flurry of joint life cover launches warrants an evaluation of their utility value.

I am not a big fan of joint life plans.

The biggest disadvantage of joint life insurance is that if you were to part ways with the other person on the policy you have to both be willing to get out of it.

There isn't enough of a market yet for this particular type of joint life insurance to drive premiums drastically lower, says Finneran.

Both versions of joint life insurance policies have benefits and drawbacks.

A survivorship life insurance policy is a type of joint life policy that can simplify the life insurance shopping process for spouses and can help in cases of estate planning and providing for special needs children.

Survivorship life insurance is a type of joint life insurance.

Pension plans also have the feature of a joint life annuity especially in case of immediate annuity plans.

Annuity payments stop when the annuitant (or his spouse in case of joint life annuity) dies.

The standard definition of a joint life policy is one that is used to cover two people through a single policy.

The issue of joint life insurance policy is in the wording or the pay out of the policy.

Yet the problem isn't just adding 5 years of joint life expectancy in light of the client's family longevity.

After all, as the chart below indicates (from Spending Flexibility and Safe Withdrawal Rates by Michael Finke, Wade Pfau, and Duncan Williams from the March 2012 issue of the Journal of Financial Planning, and based on the Social Security Administration period life table for 2007), the probability of a joint life expectancy of 30 years for a 65 - year - old couple (to age 95) is already as low as 18 %.

There are two types of joint life insurance, and your family's circumstances will dictate which one is a better fit.

«The court can also order one person in a marriage to pay maintenance to the other person and this could be for the rest of their joint lives.»

In case of Joint Lives, Sum Assured is paid on death of first life and policy stands cancelled and no further benefits are payable.

Not exact matches

Source: Advancing Workplace Learning Project: a joint initiative of Canadian Literacy and Learning Network & ABC Life Literacy Canada

Not only did Tim McGraw and Faith Hill, both 50, celebrate 21 years of marriage this year, but they did so by releasing a joint album «The Rest of Our Life,» inspiring others both in their career moves and their commitment to each other.

In the event of a spouse's death, creditors can not automatically remove the deceased person's name from the joint account and make the debt the sole responsibility of the living spouse.

«All of the same responsibilities fall on about half the number of people who were there before, and that creates a pretty high demand on these guys and their work life,» Colonel Pete Fesler, the commander of the 1st Fighter Wing at Joint Base Langley - Eustis, told VOA.

«As more and more of our lives happen online, data protection and privacy are critical,» Acton highlights in a joint statement with Signal Protocol Moxie Marlinspike.

This was the first South American joint venture between a multinational company and the Yunus Social Business — the project's aim is to improve the quality of life of Colombian farmers.

If you live near Joint Base Elmedorf - Richardson, you've likely heard the sounds of the military base in action; the guns firing, the planes taking off everyday like clockwork, and the base - wide sound system relaying everything from alert messages to the national anthem.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.

[VANCOUVER, April 11, 2018] It was revealed today that a joint initiative between Living Goods and Last Mile Health — two organizations working to make healthcare available to all through mobile technology — is part of the first class of The Audacious Project.