This will immediately lower monthly living expenses for your survivors, and ensure that your basic death benefit will go as far as possible in taking care
of other financial needs.
Whatever option you choose, it may be wise to leverage any cash value in your unwanted life insurance policy to
meet other financial needs.
In addition, your retirement goals may be competing with
many other financial needs — both expected and unexpected — that you'll potentially need to save for or protect against.
In the case of mortgage insurance, the death benefit is paid directly to the bank and your family has no say, even
if other financial needs are more dire.
These funds may be used in the future
for other financial needs and they could be accessed via withdrawals or through policy loans.
This will immediately lower monthly living expenses for your survivors, and ensure that your basic death benefit will go as far as possible in taking care
of other financial needs.
According to the 2018 Life Insurance Needs Survey * from Allianz Life Insurance Company of North America (Allianz Life ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist
with other financial needs.
If you don't have the money to cover your bills and
other financial needs today, what makes you think you'll have enough PLUS extra to repay the loan two weeks from now?
When you plan for life's uncertainties by having a life insurance policy, you provide your family the opportunity to help replace lost income, eliminate debt, pay for college, keep a business afloat, protect family wealth, or
address other financial needs and goals while they adjust to a new life.
Both plans can safeguard two lives under one single policy, and they can boost cash value
for other financial needs while the insureds are living.
It can also help
with other financial needs, such as ensuring that there is money available for retirement, and / or for a child or grandchild's future college education.
If you die prematurely and don't have the full death benefit available for your loved ones it can have devastating effects, as your family may not have enough money to replace your income, pay down debt or
meet other financial needs.
When balancing important decisions around investing, caring for your family, paying for education, saving for retirement, and
other financial needs, you may benefit from the guidance of a Financial Advisor with the tools and know - how to tailor financial strategies around your needs.
Even splitting that benefit 50 - 50 between teachers and schools»
other financial needs, the pay increase potential remains large.
If you build enough equity, you may be able to borrow against it for
other financial needs.
You may also use the money from yourhome 2nd mortgage for expenses not entirely related to house expenditures, like school tuition, car repair, vacations, debt consolidation and
other financial needs.
Our loans are not intended to provide a solution for longer - term credit or
other financial needs.
They can use this benefit as a replacement for your lost income, to make mortgage payments or for
other financial needs.
Alaska USA was especially helpful to our children when starting out with their first credit cards and
other financial needs.
All that money you saved with your smaller payment can then be devoted to
other financial needs, Price says.
By using a debt repayment calculator, you can better manage your debts, loans, and
other financial needs.
If that's the case, your college or university will estimate the annual cost of attendance, including tuition, living expenses and
other financial need and you'll be able to borrow up to that amount.
Unfortunately for those people who are already having difficulty in paying excessive debt, they quite often have to stop paying medical insurance to cover
their other financial needs.
It also offers the opportunity for pre-tax investments and tax - deferred growth for retirement and
other financial needs.
Graduate students often have
other financial needs, including housing, food, and commuting costs that increase the amount needed for a degree program.
A lot of
other financial needs will go unmet during that time.
But given Judy's and Mel's discomfort with risk and
the other financial needs they anticipated, they probably did what was right for both their pocketbooks and their peace of mind.
Starting from medical expenses, wedding expenses or
any other financial need, personal loan seems to be the 1st option available and also the most preferred option to all of us.
He also points out that I have
other financial needs (like student loans) besides overseas travel.
In fact, according to a recent survey by Allianz Life Insurance Company of North America, more than half (51 %) of respondents said they were either unsure or did not believe life insurance could provide living benefits such as access to potential cash value accumulation to help fund college education, supplement retirement or
other financial needs.
For this reason, having a final expense insurance policy may be necessary — even if you already have life insurance coverage in place for
your other financial needs.
This is because you may have
other financial needs that your current coverage is earmarked for — and because you also have final expense insurance, the total amount that is received from the other coverage can be used for its intended purpose.
In its basic form, a life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and
other financial needs that a family may have if you — the policyholder — should die unexpectedly.
This type of policy offers one component for permanent death benefit proceeds whereby funds will be available to a beneficiary (or beneficiaries) for paying off final expenses and
other financial needs of the insured's survivors.
Paying yourself first makes saving money a priority without sacrificing
your other financial needs.
It will cover loss of income, funeral expenses, and
other financial needs that might come up after one of you passes away.
There's a Nationwide insurance agent nearby who can help with your life insurance and
other financial needs.
This means that loved ones can count on a certain amount of proceeds for paying off debt and / or
any other financial need that they may have.
They can use this benefit as a replacement for your lost income, to make mortgage payments or for
other financial needs.
This is a huge opportunity for you to accumulate wealth over time, which can be used for college, retirement or
any other financial need you may have.
In fact, in some cases, retirees will opt to use the cash value from an indexed universal life policy for supplementing retirement income and / or
other financial needs.
In addition, life insurance can also be used as a tool for
other financial needs — even while the insured is alive — such as tax - deferred savings that can be used for supplementing retirement income, making large purchases, or paying for a health or long - term care need.
The policy's cash value can be used to supplement retirement income or for
any other financial need.
Phrases with «other financial needs»