Sentences with phrase «of lost income»

A spouse passing away at a young or at any age causes many years of lost income potential.
If the injured party is self - employed or owns his or her own business the value of lost income for the duration of his / her injury or disability may be claimed.
These are financial products that provide a portion of your lost income if you become disabled and can not work.
Disability insurance can replace a portion of your lost income if you are unable to work due to sickness or injury.
Workers comp is an excellent stop - gap, but it only covers your medical bills and a percentage of your lost income.
We don't want to leave prematurely and have our spouse and children suffer because of the lost income.
This coverage pays for all of the insured driver's medical costs and up to 85 percent of any lost income.
Even a less serious injury accident will be costly in terms of lost income from work, medical treatments and rehabilitation.
Disability insurance is financial protection against the risk of losing your income when you're unable to work due to a disability or illness.
People with fewer resources are more likely to encounter difficulty staying current on obligations in the event of lost income, or unexpected expenses.
A good rule of thumb is that you should incorporate around six months of lost income into the benefits of the life insurance policy.
These policies offer coverage such as business liability and replacement of lost income, and homeowners coverages such as fire, theft and personal liability.
For instance, they could say that your negligence led to a lot of lost income for them since they couldn't go to work.
Disability insurance is meant to protect you from the financial burden of losing your income in the event that you become disabled and can't work.
You don't need to live in fear of losing your income or job.
Although she can only produce 50 % of her typical income due to her illness, her disability policy makes up for the majority of her lost income through her claim.
Long - term disability insurance provides you with income replacement and protects you against the possibility of losing income for an extended period of time due to an illness, injury or accident.
There may be a number of different sources of lost income coverage available to you.
This can result in a substantial amount of lost income until the condition is properly treated.
If you are self - employed, you may have a more difficult time gathering proof of lost income.
It could pay for a lot of lost income due to not being able to work while recovering.
Such policies are also designed to help replace a portion of their lost income while they are unable to work.
Typically, your medical bills will be paid for right away and you should receive a check covering a portion of your lost income within a couple of weeks.
The taxation rules are constantly changing, and the nature of the damages you recover may be taxable, especially if your claim includes allegations of lost income or punitive damages.
You should not have to pay for any medical bills nor should you have to suffer as a result of lost income.
If a disability is preventing you from working, the financial stress of a lost income can be devastating.
Not only do you face the prospect of lost income, but your business also faces potential losses related to property damage.
Some insurers may allow you to increase the amount or duration of your lost income coverage, although you may have to call your insurer directly to get a quote tailored to your needs.
Life insurance provides a financial safety net that will protect your family from the devastating effects of losing your income.
A hardship license will allow you to drive to and from your place of employment so that you aren't in jeopardy of losing your income.
To be clear, we will be discussing life insurance as a leverage device and not a provider of lost income.
And the longer you wait, the more a sluggish job search is costing in terms of lost income opportunity.
After all, keep in mind that a life insurance policy is meant to help cover funeral and burial costs in addition to years of lost income.
Disability insurance protects you from the financial burden of losing your income if you become so disabled or ill that you can't work.
At this point, there is no longer a risk of losing income.
Disability insurance is protection against the financial burden of losing your income should you become disabled and can't work.
Long - term disability insurance provides you with income replacement and protects you against the possibility of losing income for an extended period of time due to an illness, injury or accident.
To avoid this, buy a term life insurance policy so that your family need not suffer a financial hit in terms of losing the income that you bring to the family.
Without adequate proof of lost income, the insurance company will not be willing to offer you compensation for lost wages and lost compensation.
He was able to work part - time, and the policy covered a portion of his lost income.
Those damages — for which they'll receive money — could take the form of lost income from actual layoffs, from employees being «bumped» to lower - paying positions by workers with more seniority who'd received layoff notices, or from employees opting to retire rather than be laid off, Golub said Saturday.
Typically, DI insurance will replace a portion of the lost income depending on profession and income.
If you are working past the traditional retirement age, then you should have a term life insurance policy that will protect your loved ones from the impact of your lost income when you are gone.
For medical expenses alone, not including the value of lost income, the CDC estimates that a spinal cord injury victim can expect to pay between $ 15,000 and $ 30,000 per year, and between $ 500,000 and $ 3 million over the course of a lifetime.
If you think you may be a part of this group who is working past the traditional retirement age, then you should have a term life insurance policy that will protect your loved ones from the impact of lost income when you are gone.
The benefits cover up to 75 per cent of lost income, compared to 55 per cent through EI, and can last for 55 weeks.
With Dortmund out of the Champions League qualifying picture for the first time in five years, the revelation on the Bloomberg business media platform that the Ruhr giants had insured themselves against missing out on elite European action — and would thus be recouping much of their lost income — did not particularly startle the Bundesliga community.
Most new parents understand the importance of life insurance, but few realize that their odds of losing their income because of disability are far greater than dying young, says Mike Haggerty, director of financial planning services at Community America Credit Union in Kansas City, Mo..
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