Sentences with phrase «ongoing living expenses»

Frequently, some or all of these proceeds will be used for paying off large debt obligations — such as a home mortgage — and / or for paying ongoing living expenses.

This can include the payoff of massive debts — including a mortgage balance — and the payment of ongoing living expenses.

It can help by providing a cash death benefit to pay off large debts and being able to pay for ongoing living expenses, in a case of the unexpected.

The funds are generally used to pay off existing debts, hire in home medical care, make home renovations, or to cover ongoing living expenses.

Some primary income earners buy life insurance to provide ongoing living expenses after their passing, while others buy a policy as business continuation coverage.

First, proceeds may be used to help a surviving spouse or other loved ones in paying rent or mortgage, as well as for other everyday ongoing living expenses.

This means that your loved ones or beneficiaries will have enough funds for paying final expenses, paying off big debts, or paying ongoing living expenses if or when the unexpected should occur.

The funds may additionally be used to replace the insured person's income and helping surviving loved ones to pay ongoing living expenses moving forward.

With this in mind, funds would be needed to pay ongoing living expenses month after month, year after year, for the mortgage, utilities, food, and other living expenses.

Start with the most urgent bills, making sure you leave yourself enough money to cover ongoing living expenses.

If an illness or injury occurred during your working years, income needed to pay ongoing living expenses and save for your future could be interrupted.

Just some of these can include the payoff of debt for survivors, and / or the ability to use the proceeds from a policy for paying ongoing living expenses in the event of the unexpected.

The proceeds from a life insurance policy can be used for many different things, including the payoff of final expenses or other large debts, as well as ongoing living expenses so that loved ones won't have to drastically change their lives.

This is because the proceeds from life insurance coverage can be used for a variety of different needs of one's survivors — including the payoff of large debts, the payment of the insured's funeral and other final expenses, and / or for the continuation of ongoing living expenses so that lifestyle does not have to be drastically altered.

This results from the higher allocation to fixed income near retirement, which may mean being more heavily exposed to the most overvalued sectors of the bond market, like U.S. Treasuries, at the same time that stability of retirement balances becomes most important to meet ongoing living expenses.

Difference purposes could include the payoff of massive debts (such as a mortgage), the payment of ongoing living expenses like utilities and food, and for making sure that a child or grandchild will still be able to pay for their future college education.

That is because the proceeds from a life insurance policy can be used for a variety of different needs, such as paying off large debts, continuing with ongoing living expenses, and / or paying off the insured's funeral and other final expenses.

Money that is inside of a universal life insurance policy (or any permanent life insurance policy) can either be borrowed or withdrawn by the policy holder for any reason that they see fit, such as for paying off debt, paying ongoing living expenses in retirement, or even for taking a nice vacation.

This means that 100 percent of the amount can be used for financial needs such as paying off debt, covering the funeral and other final expenses of the insured, and / or for the payment of ongoing living expenses by the insured's survivors.

One reason for this is because the proceeds from a life insurance policy may be used for numerous needs, including the payment of debt, the continuation of ongoing living expenses of the insured's survivors, and / or the payoff of the insured's funeral and other final expenses.

These payments supplement the borrower's income, helping to cover ongoing living expenses.

These include paying final expenses, paying off large debts, and / or paying for ongoing living expenses, so that loved ones do not need to face financial hardship, especially at an already difficult time for them.

After leaving Humber, Frank was unable to find steady employment, and unfortunately started to rely on credit cards to help cover his ongoing living expenses.

That is because the proceeds from a life insurance policy can be used for paying off large debts, ongoing living expenses by the insured's survivors, and for the high cost of the insured's funeral and other final expenses.

If you want to cover your family's ongoing living expenses, obviously you will pay more, but even then you can get affordable term life insurance that meets your needs.

Moreover, survey respondents from across the demographic spectrum clearly indicate that they are using the loans to deal with regular, ongoing living expenses.

That's because the proceeds from life insurance coverage may be used by loved ones and survivors for many different purposes, such as paying off debt, continuing to pay ongoing living expenses, and / or for keeping promises such as ensuring that a child or a grandchild has the funds that they need to attend college in the future.

These can include any mortgage and other personal debts that you've incurred, as well as the ongoing living expenses of those in your life who count on your income for their everyday living expenses.

If you qualify, The Kahler Law Firm is prepared and able to cover the costs of medical care, ongoing living expenses and necessary financial requirements you may have until your case is settled and compensation has been won.

When one spouse dies, the pension income may stop, leaving the surviving spouse with little or no income to continue paying their ongoing living expenses.

This is because the proceeds from a life insurance policy can be used for paying off debts, continuing to pay ongoing living expenses and to pay off the insured's funeral and other related final expenses.

These could include the payoff of a mortgage and / or other large debt, the continuation of paying ongoing living expenses, and / or for future monetary needs such as a child or a grandchild's college tuition.

For example, many people will purchase a larger amount of life insurance coverage with the intent of having the proceeds used for paying off their mortgage and / or for helping a surviving spouse or partner with continuing his or her ongoing living expenses.

These may include the payoff of debt (including a home mortgage balance), as well as the continued payment of ongoing living expenses — which can be highly beneficial if the insured is the family breadwinner.

Life insurance proceeds can be used for any number of different needs by survivors, such as the payment of large debts (including the balance of a mortgage), the paying of ongoing living expenses, and even future financial needs like ensuring that a child or a grandchild has the money that they need for college.

This is because the proceeds that are received from life insurance coverage can be used for any number of different needs — from paying off large debts, paying for the insured's funeral and other final expenses, and / or for the payment of ongoing living expenses.

This is because the proceeds from a life insurance policy can be used for a number of different things, such as paying off large debts, paying for the insured's funeral and other final expenses, and / or paying survivors» ongoing living expenses.

The proceeds from a life insurance policy can be used for a multitude of purposes — including paying off big debts, the payoff of an insured's funeral and other final expenses, and / or for the payment of loved ones» ongoing living expenses in the future.

If you have dependents, you may want additional life insurance coverage that will provide for their ongoing living expenses in the event that you pass away while they are still young and in school.

This is because the proceeds from a life insurance policy can be used for a number of different things, such as paying off large debts, paying for the insured's funeral and other final expenses, and / or paying survivors» ongoing living expenses... More

But not having enough money to meet immediate and ongoing living expenses, can make a very difficult situation even worse.

This is because the proceeds from a life insurance policy can be used for many needs that your loved ones and survivors may have, such as paying off debts, continuing to pay ongoing living expenses, and / or keeping a business afloat.

This is because the proceeds that are received from a life insurance policy may be used by survivors for paying off debt, continuing to pay ongoing living expenses, or for any other need.

These could include the payoff of debt, making sure that they can pay ongoing living expenses and the payment of your funeral and..

That is because the proceeds from a life insurance policy can be used for paying off large debts, ongoing living expenses by the insured's survivors, and for the high cost of the insured's funeral and other final expenses.

Depending on how the business is owned, the proceeds could also be paid to the deceased owner's survivors for paying the decedent's final expenses, as well as for the survivors» ongoing living expenses, as they will no longer have the deceased owner's income from the business.

That's because the proceeds from a life insurance policy may be used for any number of things, including the payoff of debt, the continuation of ongoing living expenses, and / or the payment of a child or grandchild's future education.

These could include the payoff of debt, making sure that they can pay ongoing living expenses and the payment of your funeral and other final expenses (which today can easily exceed $ 8,000).