Sentences with phrase «paid out of an insurance policy»

These benefits are paid out of an insurance policy held by the employer which protects both employer and employee.

Not exact matches

Property and casualty insurance companies invest a substantial percentage of book value and policyholder «float,» which is money they hold until policy claims are paid out but do not own, in investment - grade bonds, particularly corporate bonds.

But we sometimes hedge our asset class views through the adoption of a currency - hedged ETF — the cost of that is essentially the insurance premium you pay in case our broad asset class views turn out to be incorrect due to monetary - and macro-regime policies.

That's money that insurance companies get from premiums years before they pay out policies, and it's played a major role in the success of Berkshire since it owns several insurance companies.

Medical care expenses are a big category, and you should check out the IRS list of what qualifies, such as fees to doctors, dentists, surgeons, chiropractors, psychiatrists, psychologists and nontraditional medical practitioners, as well as insurance premiums you paid for policies that cover medical care or for a qualified long - term care insurance policy.

This insurance will pay all sums up to the policy limits which NAYS Officials become legally obligated to pay for claims arising out of bodily injury, property damage, and personal injury as outlined in the policy of insurance.

Trump will scrap subsidies to health insurance companies that help pay out - of - pocket costs of low - income people — a decision disclosed hours after he ordered potentially sweeping changes in the nation's insurance system, including sales of cheaper policies with fewer benefits and fewer protections for consumers.

He tells of «senior professors whose partners had cancer and no health insurance; researchers who left the commonwealth, taking major grants with them; faculty who, unlike their straight colleagues, are paying out of their pockets for costly individual policies for their partners and who resent the discrimination; young professors and administrators who are looking to leave the state; and so forth.»

Add to that 34 vacation days, 30 days of paid consulting time (which come out of her vacation or personal days), and perks like a car and premiums toward a $ 1 million life insurance policy.»

An umbrella insurance policy can prevent liability lawsuits from forcing you to pay out a large portion of the wealth you have worked so hard to build.

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

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.

Policyholders choose a limit, or maximum dollar amount, that their medical payments coverage will pay out, and that determines the increased cost of their auto insurance policy.

A return of premium life insurance policy is one where, minus very negligible fees, your premium payments are refunded to you at the end of the term (assuming the death benefit hasn't been paid out, of course).

The same would apply to some degree if you were responsible for the fire — your renters insurance policy would defend you against those claims rather than you having to pay for a defense and the judgement out of pocket.

Gap insurance is a supplemental health insurance policy that helps you pay for out - of - pocket costs associated with your healthcare expenses.

Every motorcycle insurance policy limits the amount of money it will pay out to others for bodily injury and property damage, respectively.

If you have a policy of your own, that will cover the personal property loss and then it's up to the insurance company to decide if they'll proceed against your neighbor or not to try to recover what they paid out.

Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the policy.

The idea behind requiring Dallas Renters Insurance is that if there is a loss within the community, the person who caused the loss will be able to resolve it with their policy, rather than having to pay for it out - of - pocket.

Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the policy.

With most term life insurance policies, the death benefit — the portion of money that's paid out to beneficiaries — works the same way.

The main difference between term life and permanent insurance is that term insurance only pays death benefits to your beneficiaries, while permanent life insurance pays out death benefits and accumulates cash value which will continue to build up over the life of the policy.

On the other hand, if I were to stay as a contractor and get my own insurance, as I do now, I would continue to pay the very same premium for me and my wife that I currently do, out of my pocket, and not suffer «change in policy».

These are incidents or types of damage that your insurance company will not pay for out of that particular policy.

Although some policies may pay out directly to health facilities, most critical illness insurance policies provide a lump sum of money to the policyholder.

If you decide at some point in the future that you need to take out a new policy, you may have to pay a much higher premium as insurance companies base their rates in large part on your age on the date of issue.

While life insurance rates will vary according to your particular health and risk profile, term policies are typically the least expensive form of coverage, since they only pay out if you die during a certain period of time (the «term» of the policy).

Participating policies essentially participate in the profit of the insurance company and pay out a dividend, which is added to the guaranteed cash value.

This means that the insurance company only had to pay out $ 300,000 at the time of your death, because you had accumulated $ 200,000 in cash value during the life of the policy.

With a number of ways to use the money that builds up in the cash value account, such as taking out a life insurance loan or paying insurance premiums, the flexibility these policies offer make them attractive to individuals looking to build up savings while at the same time securing insurance coverage providing leverage in the form of a death benefit payout.

Cash value life insurance refers to a type of life insurance that, in addition to paying out a death benefit to your beneficiary or beneficiaries upon your death, accumulates cash value inside the policy while you are alive, that you can use for whatever you please.

The downside is that if your cash value runs out, you can get stuck paying the full cost of insurance and there's no surrender value to the policy.

Life Insurance is a type of insurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have bInsurance is a type of insurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have binsurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have been paid.

These second - to - die life insurance policies will pay out the proceeds following the second of two insureds to pass away.

To save on Escondido insurance, consider installing an improved security system on your property, opting for a higher deductible, paying out of pocket for minor problems, such as a broken window or small plumbing problem, and insuring your car and auto on the same policy.

Of course, the less an insurance company is likely to pay out on your policy, the lower the rate they can offer you.

Your insurance company will likely proceed to recover the money they paid out to you from your landlord's insurance policy (or that of his contractors who caused the loss).

Insurance prices are set based on the amount of money that the insurance company expects to pay out, and a policy without a limit to that number is going to be more expensive for obviousInsurance prices are set based on the amount of money that the insurance company expects to pay out, and a policy without a limit to that number is going to be more expensive for obviousinsurance company expects to pay out, and a policy without a limit to that number is going to be more expensive for obvious reasons.

On an auto insurance policy, a deductible is an amount you must pay out of pocket before an insurance company will pay any expenses.

You're entitled to go fishing (for eligibility requirements): A traditional fully underwritten whole life or universal life policy gives you coverage for life, pays out the insurance benefit upon your death and includes an investment component of accumulated cash value.

By purchasing a policy, you can help ensure their financial well - being while granting yourself some peace of mind, knowing that an insurance policy will pay out a death benefit if you pass away.

If you are covered by a life insurance policy but your death falls under one of these exclusions, the insurance company may not have to pay out the benefit.

The insurance company pays out a lump sum death benefit to the beneficiary of the policy upon the death of the insured.

Although it is not easy to substantiate, It is estimated that roughly 1 % of term life insurance policies pay out.

The cash value policy pays out a lump sum cash benefit upon the death of the insured for the benefit of the life insurance beneficiary.

(1) The reason for such a low percentage of term insurance coverage actually paying out is either due to a policy lapse for non-payment of premiums, the policy is cancelled or the term expires.

The insurance part of the death benefit shrinks over time as the cash value grows, until eventually the cash value makes up all of the money the insurance policy will pay out.

Each of these policy changes can make a marked difference in your yearly auto insurance costs, but as each can also leave you paying more out - of - pocket if an accident occurs, none of these changes should be taken lightly.

If you have an outstanding loan on your whole life insurance policy when you die, the death benefit that is paid out to your beneficiary (or beneficiaries) will be reduced by the unpaid amount of..