Sentences with phrase «one's existing life insurance policy»

A private bank asked me to review six existing life insurance policies with a total death benefit of over $ 70 million.

Do you have existing life insurance policies in your name?

Do you have any other existing Life insurance policies?

It is a benefit which is added to an already existing life insurance policy or a mortgage insurance policy, and it comes in the form of a rider or an attachment.

Do you have any other existing life insurance policies?

Traditional life insurance and 98 % of existing life insurance policies will only pay out if you pass away or partial is you are diagnosed with terminal illness (12 months or less to live).

Other candidates may find this to be an attractive option if they are looking for an opportunity to supplement existing life insurance policies that have been ravaged by inflation, to help cover burial expenses, or to help loved ones pay taxes related to your estate.

Life settlement companies buy existing life insurance policies from insureds for less than the face value and then receive the full value when the insured dies.

Dear Maninder, Do you have any other existing life insurance policy?

If you buy an already existing life insurance policy (and you're not the insured person, a partner of the insured, etc.), then the death benefits become taxable to the extent they exceed the buyer's tax basis.

To avoid buying too much coverage, factor in your savings accounts, investments, retirement accounts, pensions, survivor's benefits, existing life insurance policies from employers, and other sources of income.

Add up the balances in your 401 (k) s, IRAs, 529 college savings plan, emergency reserves and estimated Social Security survivor benefits, as well as any existing life insurance policies (perhaps through your employer).

Dear Sandeep, You may share your existing life insurance policies details (Plan name, term & commencement date).

Dear Anand, If possible, kindly share more details about your existing life insurance policies (plan name, commencement date & tenure).

Use Quick Pay to conveniently and securely make an online payment on an existing life insurance policy.

What is much more common, is when people come across a wonderful new annuity or permanent life insurance product, and then says «I wonder if I could replace my existing life insurance policy with a new one?»

When adding together your current assets, you should include brokerage accounts, savings accounts and any existing life insurance policies.

A burial insurance policy can be an ideal way to manage your final burial and funeral expenses, especially if you do not have an existing life insurance policy.

Depending on your coverage, you may already be adequately protected by your existing life insurance policy.

May I know if you have any existing life insurance policies?

An AD&D life insurance policy rider can sometimes be added to an existing life insurance policy or purchased as a standalone life insurance policy.

AD&D can sometimes be added as a supplementary coverage rider on your existing life insurance policy, or as a stand - alone insurance policy.

You want to supplement an existing life insurance policy.

The addition of this rider to the existing life insurance policy provides the policyholder an additional protection in case of an unfortunate accident.

Keep in mind that if a long - term care insurance policy does not accept lump - sum premium payments, you would have to make several partial exchanges from the CSV of your existing life insurance policy to the long - term care insurance policy provider to cover the annual premium cost.

A tax - free method of exchanging an existing life insurance policy or annuity contract for a new one.

A mature secondary market for existing life insurance policies to be bought and sold can greatly benefit the consumer in each of these common cases.

What is the total value of your existing life insurance policies including any group coverage through work?

Lastly, we would strongly encourage you to keep your existing life insurance policy in place until you have time to find alternative coverage elsewhere.

A life settlement is the sale of an existing life insurance policy to an institutional investor at a price higher than the current cash surrender value, but lower than the face amount of the policy.

When thinking about how much added coverage to purchase, consider what amount will be enough to help your family pay bills, debts or other expenses that may not be covered by other financial resources or an existing life insurance policy.

If a creditor puts life insurance as a requirement for applying for a loan, you could use an existing life insurance policy to make the application.

A Life Insurance Rider (also known as an endorsement) is an addition to an existing life insurance policy.

We would recommend that you contact Globe directly and see exactly what they can do for you and your existing life insurance policy.

You would want to contact Lincoln Heritage directly and ask them what you will be able to do with your existing life insurance policy.

An existing life insurance policy can be used to satisfy the lenders requirements as long as the amount of death benefit on the policy is enough to cover the loan amount required.

This type of policy is used either as a supplement to an existing life insurance policy, or for someone who otherwise can not get life insurance due to a pre-existing medical condition.

Section 1035 of the IRS code permits you to transfer the cash value of an existing life insurance policy to a new policy similar in type... and the best part is there are no tax implications to do so!

Some lenders will consider using an existing life insurance policy for an assignment.

Travel life coverage can be added to an existing life insurance policy to cover the costs of a death abroad and the expenses of promptly returning remains and personal effects home.

A viatical settlement is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.

Life Settlement A life settlement is a transaction in which an existing life insurance policy that is no longer needed or is in danger of lapsing is offered for sale to institutional investors in the secondary market.

Irda said the priority of agents and insurers should be to keep the existing life insurance policy in force.