Sentences with phrase «other life insurance benefits»

Like other life insurance benefits, an accelerated death benefit is typically paid out as a tax - free lump sum.

And just like other life insurance benefits it has advantages over other basic retirement vehicles.

Not exact matches

In addition to payroll, Namely can help with a number of employee benefits like health insurance, life and disability insurance, wellness programs, commuter benefits, and other less traditional plans as well.

In addition, its life and health subsidiary, Desjardins Financial Security and other units will allocate $ 250 million for the State Farm Canada life insurance, mutual fund, lending and living benefits operations.

Other measures include: • remove rule limiting Child Tax Credit (CTC) to one claimant per household (to allow two or more families sharing a house to claim the CTC); • repeal $ 10,000 cap on medical expense tax credit claims made on medical costs incurred for an eligible dependent; • easier access to funds in Registered Disability Savings Plans for beneficiaries with shortened life spans; • improved Employment Insurance benefits to parents of gravely ill, murdered, or missing children; and • enhanced ability to make transfers between individual RESPs, and better access to RESP funds for post-secondary students studying outside Canada.

There are countless other fringe benefits you can offer, such as achievement awards, adoption assistance, dependent care assistance, educational assistance, health savings accounts, group - term life insurance, retirement plans and moving expense reimbursements.

For instance, if your spouse died, you'll want to locate a will, if there is one, and obtain a death certificate so that you can begin the process of claiming any life - insurance death benefits and other possible benefits.

Through the VEBA, you buy life insurance for yourself and your employees, as well as other benefits.

As with our other employees, we also paid life insurance premiums for the benefit of our named executive officers (other than Larry and Sergey).

All other compensation generally consists of Google's 401 (k) company match of up to $ 8,750, life insurance premiums paid by Google for the benefit of the named executive officer, personal use of company aircraft, and the market value of a holiday gift given to each employee, net of tax withholding, unless otherwise noted.

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

We believe that our named executives» compensation program, including competitive annual and long - term incentive pay along with comprehensive team member retirement, health care, disability, group life insurance plans, and other welfare benefits offered to team members, provides adequate reward to our executives without the need for significant additional perquisites.

Thousands of retirees (and younger folks, too) are benefiting from a higher quality of life and a lower cost of living in places overseas where even a little goes a long, long way — whether it be filling a tank of gas, getting the week's groceries, paying for health insurance, or making all the other ends of a monthly budget meet.

MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits.

However, permanent life insurance solutions that focus on providing lifetime guaranteed death benefits, such as these, are typically less expensive than other types of permanent life insurance that emphasize savings opportunities.

On the other hand, if you have severe enough health problems to not qualify for term life insurance, mortgage life insurance will offer larger death benefits than many alternatives.

Indexed universal life insurance is similar to other universal life insurance in that it is a permanent life insurance policy that provides protection for loved ones — with a death benefit plus the potential for cash accumulation.

If your primary objective in obtaining life insurance is to have a death benefit in place which will help to cover your family's expenses if you passed away, our analysis shows that other products are likely a better fit given the cost of whole life insurance.

CREATIVE USE OF INSURANCE SOLUTIONS FOR HNW AND UHNW CLIENTS Awarded to: This category is open to private banks, asset managers and others who use insurance solutions, whether private placement life insurance or high death benefit life insurance, for the benefit of theirINSURANCE SOLUTIONS FOR HNW AND UHNW CLIENTS Awarded to: This category is open to private banks, asset managers and others who use insurance solutions, whether private placement life insurance or high death benefit life insurance, for the benefit of theirinsurance solutions, whether private placement life insurance or high death benefit life insurance, for the benefit of theirinsurance or high death benefit life insurance, for the benefit of theirinsurance, for the benefit of their clients.

While term life insurance and permanent life insurance policies provide a death benefit, they differ in many other respects.

Selecting beneficiaries for retirement benefits is different from choosing beneficiaries for other assets such as life insurance.

Work - life balance ranked second at 75 percent and salary came in as the third most important factor (74 percent), ranked well above other factors such as health insurance (43 percent), company reputation (40 percent), and 401 (k) / retirement benefits (31 percent).

Other options include life income trusts and gifts of life insurance and retirement plan benefits.

Dating a Radiologist can be stressful, but their work is full of employer benefits, including better staff remuneration, insurance and other things that make your life better.

As we approach the end of the year, many companies are holding their annual benefit «open enrollment» periods where employees must decide on various health care, dental, FSA, stock purchase plans, life insurance, education reimbursement, and other employee benefits for 2012.

On the other hand, as long as premiums are paid, a permanent life insurance policy will always pay out a death benefit since it never expires.

While the College Plan provides life insurance coverage, it doesn't have all the benefits of other life insurance policies.

Section 7702 was created to limit what could be considered as a life insurance policy and make sure other investments weren't reaping the same tax benefits.

Final expense insurance is a type of life insurance that is designed to cover funeral costs and other end - of - life expenses, though the death benefit technically can be used for any purpose.

Contribution to annuity plan of LIC (Life Insurance Corporation of India) or any other Life Insurance Company for receiving pension from the fund is considered for tax benefit.

On the other hand, if you have severe enough health problems to not qualify for term life insurance, mortgage life insurance will offer larger death benefits than many alternatives.

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.

Learn how the cost of your life insurance premiums can depend on your age, your health, the value of your death benefit and other factors.

Simply put, second to die or survivorship life insurance differs from all the other types of life insurance because it insures the lives of two people AND only pays a death benefit upon the death of the last survivor.

Generally, if you receive the proceeds under a life insurance contract as a beneficiary due to the death of the insured person, the benefits are not includable in gross income and do not have to be reported; any interest you receive is taxable and you should report it just like any other interest received.

If the insured person is diagnosed with disease that limits his life expectancy to a year or less, in other words if he has a terminal illness, he can receive some of the life insurance benefit during his lifetime.

A third option would be to name your estate as the beneficiary of your life insurance policy and then draft a will that states how you wish to divide your assets and you can name your significant other as the beneficiary of the life insurance benefit.

But they are also extremely expensive relative to other forms of life insurance, and offer a relatively low benefit.

When you are still working, your employer pays for a portion of your monthly health care premiums, life insurance, and other benefits.

When going through bankruptcy you are only entitled to keep certain properties: A single vehicle up to a certain value, necessary clothing, tools you strictly need for your job, small personal belongings up to a certain value, insurance up to a certain value too, the property where you live, part of your earned (yet unpaid) wages, social benefits, necessary house appliances and other home equipment, etc..

Like traditional life insurance, the death benefit of a second - to - die policy can ensure your beneficiaries receive a minimum amount of money, even if savings and other retirement income is spent during the lives of you and your spouse.

Commonly, the death benefit from a survivorship life insurance policy is calculated to pay federal estate taxes and other estate - settlement costs owed after both spouses pass away.

What happens upon your death if your significant other also passes around the same moment, is that the life insurance policy will not pay out any benefit to your significant other.

One of the benefits is their rates for both life insurance and disability insurance are competitive with the other companies with similar plans.

View your MBP to see your VRS member account balance, your VRS service history, prior service eligible for purchase, life insurance coverage amount (if eligible), retirement benefit estimates and eligibility for other retirement benefits such as the health insurance credit.

The benefits of renters insurance include being able to file a claim and knowing that someone will pay you the replacement cost of your lost personal property, as well as the additional living expenses that arise from a fire, without having to worry about how many other people are looking to the same source of money.

When you make premium payments on a cash - value life insurance policy, one portion of the payment is allotted to the policy's death benefit (based on your age, health and other underwriting factors).

Rather, with a long - term care rider attached to your life insurance or annuity, you get the benefit of the other insurance product, using the long - term care benefit only if necessary.

This type of universal life insurance focuses LESS than other types of permanent life insurance on cash value accumulation and MORE on securing a permanent death benefit.

Back in the day, any form of flying was considered extremely hazardous and most life insurance companies would either force the applicant to pay an exorbitant amount or they would add an aviation exclusion clause to the policy, in other words, if you died as the result of a plane crash, your beneficiaries wouldn't receive the death benefit.