Sentences with phrase «of paying additional premium»

Premium payments in a whole life insurance policy are level (will never rise during the life of a policy), but an owner may have the option of paying additional premium into the policy in order to build cash value faster.
In these cases, the policy owner may have the option of paying additional premium in the early years of the policy to create a tax deferred cash value.

Not exact matches

If you are alive when the misstatement is discovered, the insurance company can adjust the amount of your future premiums and demand payment of the additional premiums you should have paid before the misstatement was discovered.
While employers would be required to pay one half of the cost of the modest premium increase required to finance an enhanced CPP, companies which sponsor defined benefit pension plans would not face additional costs since the great majority of these plans are fully integrated, meaning that they would pay out less as CPP benefits were increased.
«We're a premium product and all of the additional features are paid for, but one thing we've tried to do from day one is have a really capable, really high - quality free app so essentially people can use our app to match, chat, message someone, and get married without paying a penny,» Shahzad said.
We do have a paid premium option that gives members a host of additional extras and unlimited usage of our VIP area, but that is optional and does not prevent anyone searching for members and interacting with them.
The PlayStation Network is free to use for everyone, but those who pay an additional membership fee for PlayStation Plus get access to a wide variety of premium features, including monthly free games.
But for the additional features, you also have to pay a premium of Rs 40,000 for petrol and Rs 30,000 for diesel over the Amaze E. And most of these features in the Freestyle Trend can be retrofitted on the Amaze too for around Rs 30,000.
While the other interior features offered on the Prius c are available on various trim levels, the comparable standard safety package of advanced safety technologies to boost your protection on the road is offered at an additional premium on the LX and Sport models, and you must pay more for higher trims as the Honda Fit charges you extra for peace of mind.
In terms of road noise, Subaru's efforts to quiet down the cabin with thicker glass, and acoustically treated windshield, and additional insulation have paid off as well, and the latest Forester feels more premium overall feel at speed for it.
Of course, you can always just avoid any of the hassle and pay for additional content (with top - ups and monthly premium memberships ranging from $ 1.29 - $ 6.99 that deliver 100 - 1,000 extra pagesOf course, you can always just avoid any of the hassle and pay for additional content (with top - ups and monthly premium memberships ranging from $ 1.29 - $ 6.99 that deliver 100 - 1,000 extra pagesof the hassle and pay for additional content (with top - ups and monthly premium memberships ranging from $ 1.29 - $ 6.99 that deliver 100 - 1,000 extra pages).
Specify the level of additional paid in premiums you would like to include in the instant estimate.
To cover some of those costs, you can buy a Medigap policy, for which you'll pay an additional premium.
The exact wording is below: «Upon thirty (30) days written notice to Resident, Landlord may alter rental payment to cover additional costs in operating the premises incurred by Landlord because of any increase in ad valorem property taxes, charges for the electricity, heating fuel, and water consumed at the property, or increases in premiums paid for liability, fire or worker compensation insurance.
b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.
However, the death benefit payable shall never be lower than 105 % of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).
HUD's real goal with FHASecure is to have as many people as possible paying risk - based premiums — this raises additional dollars for HUD and the Treasury Department and gets rid of risky borrowers who can not afford steep premium costs.
Even with the additional costs that they represent, you will still save a lot of money by not having to pay the private mortgage insurance premiums every month through the whole life of the loan.
Accelerator Paid Up Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividePaid Up Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividepaid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividepaid up additional life insurance through additional premium payments or dividends.
Return of premium life insurance gives you all the benefits of a traditional term life insurance policy, plus the additional benefit of having all of your cumulative premiums paid back to you at the end of the policy
Surrendered value we received is only 84 % of single premium which was paid initially + some additional payout, the total amount we received after surrender is only Rs 434000, only 34000 more than Single premium which we paid,
Mostly people choose to buy single premium policies; it is a one - time investment which then covers life for a specific term or whole life as per terms of contract with no additional premiums to be paid.
The Additional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valAdditional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valadditional participating paid up life insurance, increasing the policy's death benefit and cash value growth.
Additional funds will accumulate tax deferred and can be used to help pay the cost of the insurance or to reduce premiums.
Participating policyholders will have the option of purchasing paid up additional insurance, cash out, leave with the company to earn interest, or pay premiums for a period of time.
The insurance company may not be willing to take on the additional risk of having to pay out the premium on a policy on a high risk applicant.
If you're concerned about the possibility of being unable to pay your premiums due to not being able to work for 26 weeks or more, you should consider Waiver of Premium option at the outset for an additional cost.
Dividends are a great addition and can be used for purchasing paid - up additional insurance, taking the cash, paying premiums for a period of time and leaving with the carrier to earn taxable interest.
If you can afford the additional out - of - pocket expense that a $ 500 or $ 1,000 deductible would require, the premiums you'd pay for your San Angelo Insurance policy could be as much as 25 % less than you'd pay in a policy with a lower deductible.
This reduces the amount of premiums it pays to retrocessionaires, but increases the maximum effect a single death claim can have on its results, and therefore may result in additional volatility to its results.
I think that for life insurance the premium you pay goes up every year to reflect the additional risk of a mortality over the coming 12 months.
For instance, suppose as a self - employed individual I paid $ 1200 for health insurance premiums over the course of the year, but then at the end of the year it turns out my subsidy was in excess, and I now owe an additional $ 300 in premium tax credit repayment.
Full coverage auto insurance is not for all consumers but for those individuals with significant assets or an expensive automobile it may make sense to pay more in premiums for this type of additional coverage.
You pay at that level for 12 months, incurring a total of $ 530.40 in additional premiums as a result of that $ 1 increase in income.
You would then have full life insurance coverage without having to pay any additional premiums, as long as the cash - value account balance remains sufficient to pay for the pure cost of insurance and any other expenses and charges.
Borrowers often have to pay origination and appraisal fees, the cost of a title search, and additional mortgage insurance premiums.
Notably, these limits only apply if the amount of advanced tax credits was too high, such that the taxpayer was overcredited and needs to pay back the excess amounts received; if the credits were too low, there is no limit on what the taxpayer can receive in additional credits when the tax return is ultimately filed (beyond the limits of the premium assistance tax credit itself) in the event that income dropped significantly and a higher credit was due.
Of course, you can always highlight that this work has been completed when you go to sell the home, but don't expect that it will add any additional value to the home: People are not willing, yet, to pay a premium for a home with a repaired crack in the foundation — not when the comparisons in the market not only do not have a crack, but don't need the repair.
But the pros remind us that you'll pay a premium for the Honda name, and in a category where the competitors are so close in reliability, safety, cost of ownership and performance, you may not need to fork out the additional dough.
Later, some of the cost increase could be added to a borrower's additional annual mortgage insurance premium which is paid monthly.
You can finance the cost of the insurance, paying an additional amount on top of your mortgage payment, you can pay the insurance premium in one lump sum each year, or you may be able to set up separate monthly payments with the lender or the private mortgage insurance company.
New buyers who either outbid an existing buyer during the validation auction or win the assisted auction will be subject to pay an additional 5 % premium to auction.com as part of the short sale transaction.
And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.
Participating whole life pays dividends, which can be used to purchase additional paid - up insurance, take out the cash, leave with the carrier to earn taxable interest, or pay premiums for a period of time.
I read it's 30 % of premiums excluding first year and any additional term rider / accident rider premium.In that case the amount would be very low to what I have paid for these years.
If not, expect to pay an additional premium from 0.50 — 2.75 % of the mortgage value, depending on your Loan to Value ratio (LTV) and amortization period.
In this case, the 4500 Avios premium paid in each direction is having a direct savings of $ 75 in each direction, along with the additional benefits of sitting in business class.
There may also be additional taxes and fees to pay (on top of those that are already included in your original fare) if you're moving up from Economy Class to a premium cabin — flights out of the UK are a very good example of this.
Additionally, and this varies by person, I choose to compare the cost of the flight that I otherwise would have paid for, plus a slight premium for additional comforts like premium cabins or more direct flights.
The introduction of additional priority and premium services in some countries (such as the US and Australia) has made the process a lot more efficient for those willing to pay.
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