Sentences with phrase «paid life insurance benefit»

The nominee will be paid the life insurance benefit, in the case of unforeseen demise of the life insured before you attain an age of 85 years, subject to the policy being in operation and all the due premiums are paid.

A split dollar plan is a business paid life insurance benefit that provides cost recovery for the business.

Life Insurance: B&H provides a company - paid life insurance benefit to qualifying employees, as well as the opportunity to purchase additional life insurance for themselves and their families.

It is important that any denial of life insurance benefits be reviewed by a lawyer to determine if the refusal to pay the life insurance benefit is valid or improper.

Survivorship policies insure two lives, typically a husband and wife, under one life insurance policy and pays a life insurance benefit after the surviving insured

Not exact matches

One advantage C corporations have over unincorporated businesses and S corporations is that they may deduct fringe benefits (such as group term life insurance, health and disability insurance, death benefits payments to $ 5,000, and employee medical expenses not paid by insurance) from their taxes as a business expense.

These insurance policies are less pricey than traditional life insurance, since they pay benefits only after the death of both husband and wife.

All forms of compensation are covered, including salary, overtime pay, bonuses, stock options, profit sharing and bonus plans, life insurance, vacation and holiday pay, cleaning or gasoline allowances, hotel accommodations, reimbursement for travel expenses, and benefits.

Like all Googlers, our named executive officers are eligible to participate in various employee benefit plans, such as medical, dental, and vision care plans, flexible spending accounts for health and dependent care, life, accidental death and dismemberment, disability, and travel insurance, survivor income benefit, employee assistance programs (e.g., confidential counseling), and paid time off.

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

Like all employees, our named executive officers are eligible to participate in various employee benefit plans, including medical, dental, and vision care plans, flexible spending accounts for health and dependent care, life, accidental death and dismemberment, disability, and travel insurance, survivor income benefit, employee assistance programs (e.g., confidential counseling), and paid time off.

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.

The downside to paid - up whole life insurance policies is that each premium payment is also deducted from the policy's death benefit.

Part of the Dignity Health network, Marian Regional Medical Center offers employees a «Total Rewards» benefits program that includes medical insurance, dental and vision coverage, healthcare spending accounts, life and disability insurance, paid vacation and holidays, a 403 (b) savings plan with employer match, tuition reimbursement, and more.

Buying paid - up additions is similar to buying a small single - premium life insurance policy as you increase the policy's cash value and death benefit but don't have ongoing payments.

(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.

Its competitive employee benefits plan includes medical, dental, and vision plans, life and disability insurance, paid time off, a 401 (k), flexible spending accounts, tuition reimbursement, and internal training.

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.

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

Because your life insurance premiums are paid with after tax dollars, the death benefit is able to be paid out in lump sum without any state or federal taxes being withheld.

Unlike term life insurance, mortgage life insurance typically pays the death benefit directly to your mortgage lender.

Furthermore, a full two - thirds (66 %) are unsure or don't believe benefits paid from life insurance are not taxable.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

Whole life insurance pays out the death benefit at any time death occurs, after all, the whole life is covered.

The transfer for value rule essentially says that, when you pass away, the third party would have to pay taxes on the life insurance death benefit.

There are a lot of costs that go into insuring someone including administrative costs, the medical exam and testing costs, and potentially having to pay out a large death benefit, so life insurance companies weigh all the risks for those who apply for coverage.

Employees at Ettain Group receive competitive benefits, including healthcare, life and disability insurance, a 401k with company match, paid time off, and more.

Settlements, as they occur, are covered in complete detail with pertinent information on wage adjustments, paid holidays, vacations with pay, shift premiums, medical benefits, dental plans, weekly indemnity, life insurance, pension plans, cost - of - living allowances and rates of pay.

Allianz Life paid out more than $ 2.7 billion in benefits to its policyholders and contract owners via life insurance and annuity payments, up 4 percent from the prior yLife paid out more than $ 2.7 billion in benefits to its policyholders and contract owners via life insurance and annuity payments, up 4 percent from the prior ylife insurance and annuity payments, up 4 percent from the prior year.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

As an employer, Cintas offers competitive pay and benefits packages, which include a 401K; medical, dental, and vision insurance; disability and life insurance; and paid vacation and holidays.

While the law does not require that companies provide retirement plans, health plans, dental or vision plans, life insurance plans, or paid vacation time, many firms still provide these benefits and many candidates have come to expect at least some of these benefits, especially as they progress to the higher management positions,» said Andrew Challenger, vice president of global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc..

Full time employees receive a number of competitive benefits, including Medical, Dental, Vision insurance, Basic Life Insurance, Short - Term Disability and Long - Term Disability insurance, 401 (k), Vacation, Sick, and Holiday pay, and Fitness Reimbinsurance, Basic Life Insurance, Short - Term Disability and Long - Term Disability insurance, 401 (k), Vacation, Sick, and Holiday pay, and Fitness ReimbInsurance, Short - Term Disability and Long - Term Disability insurance, 401 (k), Vacation, Sick, and Holiday pay, and Fitness Reimbinsurance, 401 (k), Vacation, Sick, and Holiday pay, and Fitness Reimbursement.

«In addition, each of them receives a benefit package that includes 100 % paid health insurance, short term and long tern disability insurance and a life insurance policy for free, two weeks paid vacation, plus 8 paid personal or sick days and 50 cents on a dollar matching contribution to a retirement plan.

The settlement included a wage increase on par with the rising cost of living, but in exchange, there was reform to the employees» active health insurance, retiree health insurance, paid time - off benefit package and employee work hours.

Immune Design team members enjoy competitive salaries, equity participation and an excellent benefits package including health, life, and disability insurances, a 401 (k) with a company match that is vested immediately, generous paid time off benefits and supplemented commuting costs.

Under that provision, such benefits as life - insurance annuities and paid health - care plans will become taxable in January if they are found to be part of a program that discriminates against lower - paid workers.

Benefits include: paid sick leave; excellent health benefits package with employer contribution to benefits; Optional Flexible Benefits Plan; 403b Retirement Savings Plan with Employer match; Commuter Check Plans; Life Insurance at no cost to eBenefits include: paid sick leave; excellent health benefits package with employer contribution to benefits; Optional Flexible Benefits Plan; 403b Retirement Savings Plan with Employer match; Commuter Check Plans; Life Insurance at no cost to ebenefits package with employer contribution to benefits; Optional Flexible Benefits Plan; 403b Retirement Savings Plan with Employer match; Commuter Check Plans; Life Insurance at no cost to ebenefits; Optional Flexible Benefits Plan; 403b Retirement Savings Plan with Employer match; Commuter Check Plans; Life Insurance at no cost to eBenefits Plan; 403b Retirement Savings Plan with Employer match; Commuter Check Plans; Life Insurance at no cost to employee.

Another charter network gave teachers a set amount of flexible money to pay for benefits (such as optional healthcare, vision, dental and required disability and life insurance).

Term life insurance is affordable because it does not accrue a cash value and only pays the death benefit.

One great benefit of the Penn Mutual Guaranteed Choice Whole Life insurance policy is that you can choose how long you pay premiums.

A few policies offer a lifetime benefit — meaning the insurance will pay out for as long as you live and remain disabled.

According to the National Association of Insurance Commissioners (NAIC), mortgage insurance lenders pay out only about 40 cents in benefits for every dollar spent by consumers on this type of policy, while it is 90 cents on the dollar paid out to consumers with regular term life insuranceInsurance Commissioners (NAIC), mortgage insurance lenders pay out only about 40 cents in benefits for every dollar spent by consumers on this type of policy, while it is 90 cents on the dollar paid out to consumers with regular term life insuranceinsurance lenders pay out only about 40 cents in benefits for every dollar spent by consumers on this type of policy, while it is 90 cents on the dollar paid out to consumers with regular term life insuranceinsurance policies

If you have a life insurance policy, and you've been keeping up with your premiums, your insurer will pay out a death benefit when you die.

Life insurance annuities will be fixed - interest annuities, but as a beneficiary you can choose whether you want the benefit paid out throughout a fixed period or your lifetime.

The last reason an insurance company might not pay out the death benefit is if you commit suicide within the first two years of taking out the life insurance policy.

However, the death benefit and cash value can continue to grow with participating policies since the dividend can be applied to purchase additional paid - up life insurance coverage.

To illustrate, understand that very few «term life policies» ever pay a death benefit because the insurance company has determined that the policy will likely expire before the death benefit is ever paid... and most do.

The downside to paid - up whole life insurance policies is that each premium payment is also deducted from the policy's death benefit.