Sentences with phrase «paid as a result of the death»

states gross income does not include proceeds received from a life insurance policy if such amounts are paid as a result of the death of the insured.

Not exact matches

This provision states that no death benefit will be paid if you die as a result of your dangerous career or hobby (e.g., skydiving).

As a result of the shutdown, military death benefits will not be paid to soldier's spouses.

Why in fact, here on outer Mongolia, insist that the county executive actually pay any attention to the daily operations of this overwhelmingly dysfunctional county and their separate and coequally dysfunctional departments that fails to serve the elderly in great need and I have my own story on how this perennial smiley - face character's office easily accomplished such which resulted in the death of someone by clear and consistent neglect, and then you tell me then why should we not just continue to speculate as to why this man is either fit or not for running for Congress and I will tell you to take your «relative trivia» and shove it where neither smart phones or their apps «SHINE»!!

It is to be hoped that as a result of this policy, come 2015, a UK government will no longer turn a blind eye to the obscenity of the preventable deaths each year of those who can not afford to pay for the unreasonable profits of energy company executives and their shareholders.

If you die as the direct result of a vehicular, air, or sea accident that you did not deliberately cause, your insurer will pay your beneficiary the accidental death benefit, which is normally twice the value of your insurance policy's face value.

If you have not reached preservation age but have permanently retired, a benefit can only be paid as a result of permanent incapacity, severe financial hardship, compassionate reasons or death.

By comparison, these expenses took a big bite out of Dave's estate, which had to sell valuable assets to pay the taxes and expenses that arose as a result of his death.

The additional 10 % tax generally does not apply to payments that are: • Paid after you separate from service during or after the year you reach age 55; • Annuity payments; • Automatic enrollment refunds; • Made as a result of total and permanent disability; * • Made because of death; • Made from a beneficiary participant account; • Made in a year you have deductible medical expenses that exceed 7.5 % of your adjusted gross income; * • Ordered by a domestic relations court; or • Paid as substantially equal payments over your life expectancy.For more info see: https://www.tsp.gov/PDF/formspubs/tsp-780.pdf Enjoy your retirement!

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.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

If a member has a terminal medical condition and two medical professionals certify that the condition is likely to result in the member's death in the next 24 months, the balance of their super account may be paid as a tax - free lump sum benefit.

At least what some of us are capable of, as we see the results of it every day - dogs with bite wounds that have been used as bait dogs because there are human beings despicable enough to pay to see dogs chew each other to death and they need passive innocent dogs to teach these dogs to kill.

(1) The insurer shall pay a death benefit in respect of an insured person who dies as result of an accident,

(1) The insurer shall pay a death benefit in respect of an insured person if he or she dies as result of an accident,

The defendants» insurance carrier initially expected to pay only a nominal amount to settle the case of these 80 - year - old parents who had no economic losses as a result of their son's death.

Under the ESA, an employee is entitled to both termination pay and severance pay, if she or he otherwise qualifies, where the contract of employment is frustrated due to an illness or injury, but not if the contract comes to end as a result of the death of the employee.

First, the coverage may be a form of accidental death and dismemberment (AD&D) insurance, which only pays the beneficiaries if the employee dies from an accident or loses a limb, hearing or sight as a result of an accident.

This rider offers an accidental death benefit that is equal to the policy's face amount — and pays out in addition to the whole life insurance benefit if the insured dies as the result of a covered accident.

Pays an additional death benefit if the insured dies as a result of an accidental bodily injury.

Also note that even during the initial 2 or 3 year period, if death occurs as a result of an accident, then the full death benefit would be paid.

If death should happen as a result of an accident, they will pay the death benefit.

Death in year three or later will result in the policy paying out the full face value also known as the death benefit of the poDeath in year three or later will result in the policy paying out the full face value also known as the death benefit of the podeath benefit of the policy.

Umbrella insurance covers any damages you are required to pay as a result of causing someone injury or death.

Accidental death insurance also referred to as accidental death and dismemberment insurance (AD & D) is designed to pay a set amount to a named beneficiary if the covered individual dies as a direct result of an accident.

Accidental Death and Dismemberment Rider A life policy rider that pays a percentage of the death benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an acciDeath and Dismemberment Rider A life policy rider that pays a percentage of the death benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an accideath benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an accident.

Accidental death life insurance only pays out if you die as the result of an accident.

As neither the cash value nor the death benefit is predetermined or guaranteed, the policyholder bears the risk of a poor fund performance which results in the decreased amount of the death benefit and the cash value and the increased premiums the insured has to pay to keep the policy in effect.

«No benefits will be paid due to Injury or death caused by, contributed to by or related to the following and / or their treatments and / or complications thereof: Sickness; Suicide or intentional self - inflicted Injury or poisoning; War, declared or undeclared; Acts of terrorism; While committing or attempting to commit a crime; Taking of illegal or non-prescribed drugs, or addiction or misuse of prescription drugs; Alcohol abuse or addiction, or being under the influence of alcohol, as defined by the vehicle code of the state or province in which the Accident has occurred; Mental or Nervous Disorders; Pre-Existing Conditions; Subjective Pain or other symptoms unless supported by objective medical findings; Pregnancy and pregnancy - related conditions including but not limited to fertility, pre-natal care, childbirth, miscarriage, abortion or postpartum conditions; Nuclear, biological or chemical exposure as a result of war, declared or undeclared or terrorism.»

If you are visiting a new country and try out a new sport, your medical costs, evacuation expenses, and even repatriation charges will not be paid by your travel insurance company if the injury or death was the result of your participation in a sport listed as excluded in your travel insurance plan document.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

If death occurs as a result of an accident in the first 2 years, the full death benefit is guaranteed to be paid to your beneficiary.

Payment of compensation in respect of death, injury or disablement of insured (a) from intentional self - injury, suicide or attempted suicide (b) whilst under the influence of intoxicating liquor or drugs (c) whilst engaging in aviation or Ballooning, whilst mounting / dismounting from or traveling in any Balloon or aircraft other than as a passenger (fare - paying or otherwise) in any duly Licensed Standard type of aircraft anywhere in the world (d) directly or indirectly caused by venereal disease or insanity (e) arising or resulting from the insured committing any breach of the law with criminal intent.

With accidental death coverage, there is a death benefit paid out to a named beneficiary if the insured dies as the result of a covered accident.

If you die as a direct result of an injury due to a covered accident, the death benefit paid to your beneficiary will be doubled.

This can increase the amount of death benefit coverage that is paid out to the beneficiary, provided that the insured dies as a result of injuries that were sustained in a covered accident.

For example, a racecar driver faces increased risk of death and, as a result, may pay high life insurance premiums or be denied coverage.

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.

While an insurance company will cover the former, it will not pay a death benefit from a death as the direct result of the latter.

With accidental death insurance, an amount of death benefit is paid out to beneficiaries if an insured die as the result of a covered accident.

The accidental death or double indemnity rider pays the beneficiaries twice the face value of a life insurance policy in the event the insured dies as the result of an accident.

However, the death benefit is only paid out if you die as a result of an accident.

Life Insurance Terms Accidental death insurance: Life insurance that is paid only if the insured's death is as a result of an accident.

It's important to note, the death must be as a result of an accident, or it will not pay any benefits to your beneficiaries.

Accidental death policies only pay out the death benefit you if you die as result of an accident.

Accidental death benefit insurance is not usually included in a basic life insurance policy, so adding it to a standard policy as a rider will likely result in a somewhat higher premium; however, it will pay double the amount of the regular death benefit if the insured dies in an accident.

Some people choose to receive their life insurance payout all at once to help them pay for funeral costs, medical bills and other expenses that occur as a result of the insured person's death.

Still, even if death occurs during the initial period as a result of an accident, the full death benefit will still be paid.

Bodily injury liability pays for expenses related to the injuries or death of others resulting from an accident for which you are legally responsible, as well as your legal expenses if you're sued.

As a result, the chances of the insurer having to pay a death claim increases.