These policies are provided for an additional premium that pays out for the cost of care and treatment, rehabilitation aids as well as
outstanding financial liabilities including the mortgage payments.
Moreover, if you find a different company that offers you more or simply fits your expectations better, it may be difficult to switch either because of job contract or
outstanding financial liability for the training provided to you, which is much more money compared to independent school.
Not exact matches
The assets come over unencumbered by
outstanding liabilities, so the new debt on these and the accompanying interest payments on this new loan could be a very good fit with the overall
financial picture of the post-deal enterprise.
It is also important to note that
liabilities, such as
outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these
liabilities, and potentially leaving family members in
financial distress.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our
outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with
outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated
financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current
liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our
outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with
outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated
financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current
liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
On the other hand, because you now have a clean slate upon which to write your
financial future, other creditors see you not as a
liability to be avoided, but as a borrower who has no
outstanding debt.
The purpose of this plan is to pay for any
outstanding loans and
liabilities in case of premature death, and thereby reduce the
financial burden on your loved ones.
The need to cover your
financial liabilities, debts and / or
outstanding loans is especially important if you had your parents cosign any loans.
Since most seniors have no
financial dependents and minimal
outstanding loans or
liabilities, the accelerated benefit of senior life insurance can help cover the costs of a final illness with minimal
financial impact on surviving family members.
In case you find this too technical to arrive at an amount take a multiple of your annual salary (say 15 times or 20 times) and add your
financial responsibilities (like child education, child marriage, spouse retirement) and add your
financial liabilities (value of all loans
outstanding) and accordingly arrive at the insurance amount.
Post this, add the corpus required for your key
financial goals — children's education, marriage etc., and add the
outstanding loan
liabilities.