Sentences with phrase «payment for life»

A fixed - rate mortgage provides a reliable and fixed monthly payment for the life of the loan.
Term life insurance quotes are estimates of monthly payments for life insurance, which pays for funeral expenses after death.
The payment mode is the frequency of premium payments for a life insurance policy.
But it can also be permanent fixed payment for the life of policy.
Either you or your employer will be responsible for making premium payments for your life insurance policy.
Both of these annuity options allow the receipt of guaranteed monthly income payments for life.
And whether you purchase a fixed or variable immediate annuity, you're guaranteed to receive payments for life if you elected that payout option, no matter how long you live.
Not only does it give you more equity in your home, but it also lowers your monthly mortgage payments for the life of the loan and helps you avoid paying mortgage insurance.
This raises your interest payments for the life of the loan.
He worker is entitled to have his medical bills paid and obtain regular payments for living expenses while he is off.
In this case, you'd have to endure those lower social security payments for life without the investments gains you'd hoped for.
My wife and I have a six figure annual pension payment for life, whoever lives the longest.
It assures you that you'll receive regular payments for life, no matter how long you live.
If you are purchasing your first home, you need to be absolutely certain you can afford the higher payments for the life of the loan.
As an income - driven repayment program, borrowers may be eligible for forgiveness after consecutive on - time payments for the life of the loan.
In this case, you'd have to endure those lower social security payments for life without the investments gains you'd hoped for.
The employee, however, can always choose at retirement to convert the accumulated funds into a stream of payments for life by buying an annuity.
Under the contract, if the annuity promises payments for life, the payments are calculated so that the insurer can uphold its end of the contract.
This means that you are looking more at income replacement and retirement protection than debt payment for the life insurance policy to cover.
The telephone support allowance is a means tested payment for those living alone and of limited means and is intended to assist in the cost of communications and / or a home alert solutions.
A standard fixed annuity is an insurance contract that allows an individual to pay premiums — either in a lump sum or by monthly installments — and obtain set income payments for life.
Continue paying your taxes and insurance and eliminate your monthly mortgage payments for the life of your loan.
However, a hybrid long - term care policy provides guaranteed fixed premium payments for life.
It includes all interest payments for the life of the loan, any interest paid at closing, your origination fee and any other charges paid to the lender and / or broker.
A fixed rate mortgage offers predictable monthly payments for the life of the loan.
You'll receive payments for life, with a minimum guaranteed payment period ranging from 10 to 30 years.
Even better, that inflated salary will translate into higher pension payments for life.
Typically, you will be offered a guaranteed or a renewable premium payment for your life insurance.
As an income - driven repayment program, borrowers may be eligible for forgiveness after consecutive on - time payments for the life of the loan.
This allows you to pay down principal while enjoying a predictable monthly payment for the life of the loan.
But a 65 - year - 0ld man could receive payments almost twice as large — $ 1,100 a month — by investing just $ 25,000 in a longevity annuity that would start making payments for life starting at age 85.
The confirmation is forwarded to the escrow agent, who then releases the funds in payment for the life insurance policy.
The amount of each annuity payment for life annuities is determined by the age and gender of the annuitant.
Longevity insurance, [1] insuring longevity, also known as a longevity annuity [2] or deferred income annuity, [3] is an annuity contract designed to provide to the policyholder payments for life starting at a pre-established future age, e.g., 85, and purchased many years before reaching that age.
In November 2016 I then settled her case for # 1m plus annual payments for life for care (periodical payments).
The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.
Assuming you manage to stick to that extra payment for the life of your mortgage, you would save exactly the same amount as a biweekly payment plan and finish repaying your loan at the same time.
Among the lawmakers eligible for daily expense payments for living at least 50 miles away from the Capitol, the Assembly Energy Committee chairman from Kingston was a relative bargain.
One of the most basic QM standards is that the mortgage must have substantially equal payments for the life of the loan.
Pension plan members in the private sector need to at least consider the risk of their company being able to fund their pension payments for life if they have the opportunity to commute their pension and otherwise take a lump - sum payout upon leaving the plan.
She received a $ 7.5 million payout, $ 240,000 a year in maintenance payments for life, and use of the apartment.
ALBANY --- Revelations that legislators are getting higher per diem payments for their living expenses in Albany have prompted a Long Island state senator to call for reforms.
As long as you don't exceed your MAWA, you'll receive guaranteed payments for life even if withdrawals deplete the accumulated value.
Typically, the understanding between the primary borrower and the cosigner is that the student will make full payments for the life of the loan; the cosigner is simply used to boost an application's chance of approval.
Refinance your variable rate credit line and lock into fixed rate payments for the life of the loan.
The lineup includes a Structured Investment Option, which offers your employees the potential for market gains up to a specified limit along with some protection against some market losses.4 We also offer the Personal Income BenefitSM, a «pension - like» benefit that provides guaranteed withdrawal payments for life and may help employees address inflation, longevity, and market volatility concerns.5
This means you could use 100 % of your benefit payment for your living expenses
Annuity payments for life: Make investments a lump sum amount and get hold of regular profits for the rest of your life.
Tenants can setup automatic rent payments for the life of the lease.
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