Sentences with phrase «payments equal sum»

Final payments equal sum assured plus bonuses and riders.

Not exact matches

Remember, even in China, the balance of payments has to balance — the sum of current and capital accounts must be equal to zero (with adjustments and statistical errors, of course).

At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.

The total amount paid as a lump sum and monthly payments will be equal to the amount that would have been paid had the member not elected to receive a lump - sum payment.

Why is the income stated on my 1099 - MISC or 1042 - S form not equal to the sum of my royalty payments for the calendar year?

But if you get laid off near the end of the year there is no harm in asking if a severance payment (usually a lump sum) can be divided into two smaller (equal) payments — one in the current year and one in the following year.

Colleges can choose to disburse grant funds in the form of a single lump sum payment or disbursement (equal installments) by sending federal financial funds to your school and crediting them to your account.

These minimum rates can be beneficial when rates are low or when rates drop below the level of the floor, since they act as assurance of a minimum coupon payment (i.e., the coupon is equal to the sum of the credit spread plus LIBOR or the LIBOR floor, whichever is higher).

The amount of the offer must be equal to the present net value of your assets plus the present value of the total sum the IRS could collect under a monthly payment plan.

It is important to keep in mind, however, that a lower monthly payments always equals a greater sum on the total amount a borrower will spend over the life of their loan.

At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.

Similar to an equity loan, you can receive the loan amount in a single lump sum or in equal monthly installments paid to you from the creditor, which is why it is a reverse mortgage — you receive payments rather than make them each month.

If you don't pay off the full amount of the loan by the end of the term, or if you can't afford to make equal payments over the life of the loan, the final payment must be made as a lump sum.

A state payment amount may not equal the sum of the county payment amounts because the state total is derived by adding unrounded county payment amounts.

(b) With respect to the deferral of one or more wholly unpaid scheduled payments in a consumer credit transaction, in which the finance charge was determined by the precomputed method, the creditor may collect, by agreement with the debtor either before or after default, an additional charge for each full month that any wholly unpaid scheduled payments are outstanding after the due date of each scheduled payment equal to that proportion of the finance charge which the amount of the deferred monthly scheduled payment bears to the sum of all monthly balances originally scheduled.

Instead of a one - time lump sum repayment, you'll make three equal monthly payments, with one payment each month.

This is equal to the lump sum payment, so the calculated interest is comparable to the stock market rate of return.

If the New Balance is $ 25.00 or more, your Minimum Payment Due will be equal to any amount that is past due on your Credit Account plus the greater of (i) $ 25.00 or (ii) the sum of 2 % of the New Balance, plus interest and Late Payment Fees (rounded to the next higher whole dollar amount).

But to provide one illustrative example, if 70 % of the carbon tax revenues were simply rebated back to the American people in equal, lump - sum payments, half of all households — and most of those whose income is below the mean — would be made whole for both the direct and indirect costs of the tax.

Community law required that the companies had to be provided with a remedy in domestic law which would enable them to recover a sum equal to the interest which would have been generated by the advance payments from the date of the payment of ACT until the date on which the MCT became chargeable.

It is equal to the sum of the Income Benefit Payments purchased with Discretionary Income Benefit Purchases or Automatic Income Benefit Purchases (GFIB Rider only).

Cash Refund Annuity Income Payment Option Any type of income annuity that guarantees should the annuitant die prior to receiving payments equal to the premiums paid, the difference will be refunded to the named beneficiary in a lump sum.

Accordingly, a QLAC may provide for a single - sum death benefit paid to a beneficiary in an amount equal to the excess of the premium payments made with respect to the QLAC over the payments made to the employee under the QLAC.

One - time payment equal to 10 % of sum insured per surviving dependent child for a maximum of 2 children subject to a limit of Rs. 10 lakhs per policy.

Universal SompoAapatSurakshaBima Policy provides onetime payment equal to sum assured to the insured or to the nominee in the case if the insured is diagnosed with the critical diseases like

At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.

Payment of top - ups would result in increase in sum assured by 125 % of the top up premium paid, in case the age of the life assured at the time of payment of top up premium is less than 45 years and 110 % of the top up premium paid, in case the age of the life assured at the time of payment of top up premium is greater than or equal to 45Payment of top - ups would result in increase in sum assured by 125 % of the top up premium paid, in case the age of the life assured at the time of payment of top up premium is less than 45 years and 110 % of the top up premium paid, in case the age of the life assured at the time of payment of top up premium is greater than or equal to 45payment of top up premium is less than 45 years and 110 % of the top up premium paid, in case the age of the life assured at the time of payment of top up premium is greater than or equal to 45payment of top up premium is greater than or equal to 45 years.

You can purchase a policy with a term equal to the length of your mortgage (10, 15, 20 or 30 years) and at the end of the term, your mortgage will be paid off and (if you outlive the policy) you will have the added bonus of a lump - sum payment of all the premiums you paid for the policy.

Universal Sompo Saral Suraksha Bima provides onetime payment equal to sum assured to the insured or to the nominee in the case if the insured is diagnosed with critical diseases like --

Policyholders have the option to commute 1/3 of their pension, in which case they will receive a lump sum payment equal to the amount thus commuted.

The limited payment term is 10 years to suit your finances and one receives guaranteed lump sum payout equal to 55 % of the sum assured.

Once you reach 80 years of age, you will receive another lump sum payment equal to 100 % of your Sum Assured which is called Extended Cover Payout

Once your policy matures, which is 5 years after your premium payment term, you will receive a lump sum payout equal to 50 % of the Sum Assured plus any declared Compounded Reversionary bonuses plus any Terminal Bonus, which is called the Maturity Benefit.

This type of term life insurance policy enables your death benefit to be paid out either in a lump sum, or distributed through regular equal payments to your family until the designated term ends.

Scenario B: Mr. Gupta dies during the Term of the Policy In the event of unfortunate demise of Mr. Gupta in the 3rd policy year after payment of 3 years» premiums, his family will receive a lump sum amount of Rs 1,014,000, Guaranteed Sum Assured on maturity equal to Rs 2,00,000 along with accrued Annual bonuses and Final bonus, is payable on maturity.