Sentences with phrase «pay immediate expenses»

Not exact matches

The costs associated with losing a limb can be particularly high as you not only have to pay for the immediate hospital expenses, but may also have to cover physical therapy, a prosthetic, and income while you're out of work.
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.
My main hustle pays really well, so I'm focusing on building my investments to a point where my passive income can sustain my immediate living expenses and fund the potential side hustle before I'll even consider it.
The Fed's earnings are supposed to be turned over to the Treasury at regular intervals so why isn't the Fed forwarding its gains to help the Treasury have more income to pay off the governments immediate expenses.
When a married client requires long - term care, the immediate worry is how the healthy spouse will manage to pay for both the ever - rising cost of long - term care and his or her own living expenses.
If those sources alone aren't enough to pay most or all your essential expenses, you may want to consider devoting a portion of your nest egg to an immediate annuity to cover of the shortfall.
If you want the guaranteed income to begin soon — say, to pay for essential living expenses beyond what income from Social Security alone will cover — then an immediate annuity would be a better way to go (although you may still want to hold off a bit to get a better handle on what your actual expenses will be after you retire).
Since this money is to be used for short - term relief — to help people pay for immediate expenses, such as accommodation and food, while displaced from their homes — the government wants to make sure that those in extreme situations get help first.
Take the amount of money your family will need to cover any expenses — whether it's immediate cost of living expenses, long - term plans like paying off a mortgage, one - time big expenses like college tuition, and / or funding your partner's retirement — and that's the amount that you'll need to have on hand to be self - insured.
The costs associated with losing a limb can be particularly high as you not only have to pay for the immediate hospital expenses, but may also have to cover physical therapy, a prosthetic, and income while you're out of work.
If a borrower needs the bulk of their reverse mortgage payment immediately, they can receive it as a lump sum payment.6 A lump sum is recommended if the borrower has an immediate need to use a large amount of money to pay down existing debts, make renovations to the home, pay for healthcare expenses, or for any other reason.
This includes if you were to become totally disabled, if you have excess medical bills that are more than 7 1/2 percent of your adjusted gross income, if you're unemployed and need to pay your health insurance premiums, if you owe taxes to the IRS, and if you want to pay higher education expenses for yourself or an immediate family member.
4 in 10 households without any life insurance would have immediate trouble paying living expenses if they were to lose their primary wage earner
Using the equity you have on your home for immediate cash allows you to pay for expenses of all kinds, whether it be home renovations, college tuition, or medical bills.
This immediate cash source can help pay final expenses, cover outstanding debts, and help ensure business continuation.
Upon your death, all your family may need is the readily available cash to pay for funeral, burial, and estate taxes - immediate expenses that could be covered by final expense life insurance.
Your checking account should have enough money to pay any immediate bills and day to day expenses.
Cash accounts are used to provide liquidity to pay bills, meet immediate cash needs, and provide emergency funds covering up to 6 months in living expenses.
Through the cash from a life insurance payout, the beneficiary has immediate liquid cash that can be used to pay off creditors and other debts or expenses that may arise.
Your immediate concern will most likely be the medical expenses and hospital bills you have been forced to pay as a result of the injuries you received.
First is accident benefits which are no fault and help pay for immediate medical expenses and income loss of up to $ 300.00 per week.
A Worker's Compensation claim will entitle you to immediately receive lost past and future payments for pay checks as well as immediate payment of all past and future medical bills and expenses related to the accident.
The proceeds of such policies provide immediate tax free liquidity to the beneficiaries who can use the proceeds to pay federal and state estate taxes or other expenses.
The death benefit from a life insurance policy can be used for immediate needs such as paying for medical expenses and a funeral as well as longer term needs such as mortgage assistance, funding educational expenses, replacing lost income and potentially maintaining other investments.
If you currently have no plan in place to pay off your final expenses, we couldn't encourage you more to take immediate action.
That means you will pay the absolute lowest that final expense companies offer, and you will have an immediate death benefit.
It can help pay for immediate medical expenses as well as legal costs if an incident leads to a lawsuit.
In other words, 1 in 3 households would have immediate trouble paying living expenses if a breadwinner died.
Upon your death, all your family may need is the readily available cash to pay for funeral, burial, and estate taxes - immediate expenses that could be covered by final expense life insurance.
Would your emergency fund (if you have one) be enough to pay for the immediate expenses associated with final medical bills and a funeral, or would they have to borrow from retirement or college savings accounts?
1 in 3 families would have «immediate trouble paying living expenses if the primary wage earner died,» according to LIMRA, and life insurance is the best way to protect your family against this risk.
What You Should Know About Buying Life Insurance Life insurance protects your financial future and provides the resources your family or business may need to pay immediate and continuing expenses when you die.
Put it this way: One in three households would have immediate trouble paying living expenses if the primary wage earner were gone.
But in a nutshell, it means you and the other party will be covered for immediate expenses, such as medical attention or lost wages, while the insurance companies arm - wrestle about who will pay for the accident itself.
We will pay the Usual and Customary level of charges for Transportation Expense for an emergency Medical Evacuation to the nearest Hospital or medical facility where suitable Medically Necessary treatment is available, provided: 1) Your local attending Physician and We or Our Program Assistance Provider determine that Your condition is acute, severe or life threatening; and 2) that adequate Medically Necessary treatment is not available in Your immediate area.
This immediate cash source can help pay final expenses, cover outstanding debts, and help ensure business continuation.
Four in 10 households without any life insurance would have immediate trouble paying living expenses if their primary wage earner died.
The plan will pay Covered Expenses incurred up to the maximum stated in the Schedule of Benefits if any covered Injury or Illness commences during the Period of Coverage and results in Your Medically Necessary Emergency Medical Evacuation or Repatriation (Your medical condition warrants immediate transportation from the medical facility where You are located to the nearest adequate medical facility where medical Treatment can be obtained).
A final expense policy with an immediate benefit pays out instantly.
The Policy will pay Covered Expenses incurred up to the maximum stated in the Schedule of Benefits if any covered Injury or Illness commences during the Period of Coverage and results in Medically Necessary Emergency Medical Evacuation or Repatriation of the Plan Participant (The Plan Participant's medical condition warrants immediate transportation from the medical facility where He or She is located to the nearest adequate medical facility where medical Treatment can be obtained).
Then there are money back plans wherein the insured pays regular premiums up to a tenure and gets back the money periodically to meet his immediate financial expenses.
This coverage helps to pay for any immediate medical expenses for you and your passengers.
The beneficiaries you choose can use the proceeds from your term life insurance policy to pay for immediate expenses, such as:
If someone outside of your immediate family gets injured on your property, your home insurance will pay for the medical expenses, but if that person turns around and sues you, the coverage may not be sufficient to protect your personal assets.
Covering your immediate living expenses like paying rent and food bills is good, but think about future - oriented tools like IRAs, 401k accounts, healthcare plans, and savings as well.
Some graduates can't afford to relocate or need immediate employment to pay for basic living expenses.
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