Sentences with phrase «person life insurance if»

It even has a few benefits as key person life insurance if a simple death benefit is the goal.

Not exact matches

If fewer than 100 people are covered by a pension plan, benefits plan (including medical, dental, life - insurance, scholarship, and disability), or fringe benefit, file Form 5500 C / R annually, listing details on membership, assets, and so on.

However, if you're not independently wealthy and you have people who depend on you and your income, you probably need life insurance.

Alternatively, if you co-signed someone's private student loans, you'll need life insurance to help the person whose loan you co-signed avoid a default.

No medical exam life insurance is also handy if you need instant life insurance in order to secure a person or business loan, a common requirement from institutional lenders.

They've impacted how insurance companies decide who to cover and how much to charge — some people can't get insured now if they're on flood plains or if they live in the path of a likely forest fire.

If one spouse or partner is working and the other is staying home to care for children or other family members, life insurance helps absorb the financial impact in the event of one person's death.

You can use life insurance funding if you are one of the parties specified in a buy - sell agreement to purchase all or part of the business interest held by another buy - sell participant at the other person's death.

I don't think it's so much about the levites being paid for their service it's about us doing what's right toward Pastors that must feed and tend to the flock of GOD if GOD has called them.JESUS even said in luke 10:7 that the laborers are worthy of their wages.In luke 8 1 - 4 it's says even JESUS HIMSELF recieved financial support from the women who ministered to him with their possessions.Now most people today would say he should have been ashamed of taking money from those poor women but JESUS accepted their support and they was blessed for sowing onto the LORD»S work.1 Corinthains 9:1 - 15 says dint muzzle the ox while it tread out the grain was GOD talking about oxes no he was talking about those who labor in the ministry.Who goes to war at their own expense.Or who goes to war but pay for their clothes, guns, etc.No one because the goverment if that country provide these things because of the soilders service.Who plants a vineyard and don't eat from it.Who tends a flock and don't drink the milk of it.I think it's just spiritual sense to support a pastor that's teaching you the word, casting out devils, laying hands and healing is manifesting in people lived, going to hospitails, prisons, and house calls to pray for the sick and shut in, going to graduations and funnerals, praying and fasting for himself and the flock.I think a person who think a pastor shouldn't be paid for their service either don't know they need to be paid and need to be taught or they are demonic in their thinking and either hate GOD, PASTORS, AND GOD»S PEOPLE.Why do nt you hear people saying anything against the dope dealers, strip clubs, dope houses, liquor stores, etc.It's only when people give into the LORD»S work that evil minded or misinformed people have a problem with it.No sir we don't have to use the old testament to show that we should support out pastors.You don't use the law, love tells me to support the pastor.Under the new testament LOVE is the greatest of all.Love for GOD and man.If GOD asked for 10 percent under the law to support the levites who didn't have all the responsibilities of Pastor today.Church rent, gas for vans of thd church, insurance fir the church and church vehicles, feeding and clothing the poor, light, gas, and water bill, mantience on the church or vehicles, not to mention the Pastor own house, cars, children, insurance, etc.If would be foolish for one to think that a pastor should take care if his house and GODS HOUSE without people supporting the work of the KINGDOM OF GOD.If we love GOD we are going to support HIS KINGDOM and HIS PASTOR.If under the law GOD asked for 10 percent how much should we give under the LOVE COVENANT?Example I love my wife and if I had 300 dollars I would surley give her more that 10 percent which would be 30 dollars because I love her.The law says you must give LOVE says I chose to give because I love GOD and man.Again we don't have to use the law just love and spiritual sense because hate and a carnal senses will not understand.Now I have given you scriptures please do the same when you respond not your opinion.Please respond right away I await your answer.GOD BLESS.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

If you tell someone that, added to almost null interest, they will have to pay for insurance to ensure the $ 20K that are their life savings, most probably many people will retire their money and store it at home.

They asked each person about their opinions on the game and if they had since engaged in advance care planning, which could include researching hospice care, obtaining life insurance or creating an advance directive, among others.

Term life insurance is not taxable if the death benefits are payable to a named beneficiary (which must be a real person).

Thanks to «the slayer rule», when you're «south of heaven» and your life insurance beneficiary is the one who put you there, most states show no mercy if there's a preponderance of evidence against the person trying to claim the death benefit.

Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the policy.

Assets owned individually by a decedent at death that don't pass to another person by trust (i.e. revocable living trust), contract / beneficiary designation (i.e. life insurance, annuity or 401 (k)-RRB-, or operation of law (i.e. joint tenancy with right of survivorship) may be subject to probate if the applicable threshold is exceeded.

No medical exam life insurance is also handy if you need instant life insurance in order to secure a person or business loan, a common requirement from institutional lenders.

If people are living in the unit (either indicated by appraiser or the home owner's insurance policy with some type of «renter / tenant» description), then it must be documented that the manufactured home is permitted by local code

If the insured person departs within that time frame, the listed beneficiaries will receive funds from the life insurance company.

If your death will result in financial consequences to one or more people (i.e. spouse, children, business partners, etc) that you consider unacceptable, then you should probably purchase life insurance.

(Small businesses may wish to consider purchasing life insurance policies for key individuals, such as an owner or top employee, to help prevent financial distress if that person were to die.)

The person living in the apartment still needs renters insurance for them as an individual, even if the company leasing the unit has a commercial policy.

Take life insurance as an example: you pay for a policy, and if you die during the term then that money (the death benefit) goes to the person you named as your beneficiary on the policy.

Aside from contractual requirements, many people choose to purchase life insurance because it can provide financial relief to their families and loved ones if they pass away.

On the other hand, if your company decides to sell the key person life insurance policy, you may have to pay taxes, depending on the size of the settlement, cash value of the policy, and the amount that's been paid in premiums.

Call Effective Coverage at [phone] or go online where you can chat live with a Virginia Beach renters insurance expert or use our easy and quick self - service options to bind your policy online without ever having to even talk to a real person, if that's your preference.

What is much more common, is when people come across a wonderful new annuity or permanent life insurance product, and then says «I wonder if I could replace my existing life insurance policy with a new one?»

Key person life insurance is typically only required if your company wants to obtain a loan or investment.

If your life insurance policy states three different people as the owner, the insured, and the beneficiary, then the death benefit could count as a taxable gift.

People often wonder if it makes sense to get cash value life insurance because it costs more than term life.

If you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you diIf you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you diif you die.

For example, if a person's health declines, he or she may no longer qualify for renewable term and a permanent life insurance may be needed.

If you are like the majority of people, you overestimate what a typical term life insurance policy premium will cost.

Generally, if you receive the proceeds under a life insurance contract as a beneficiary due to the death of the insured person, the benefits are not includable in gross income and do not have to be reported; any interest you receive is taxable and you should report it just like any other interest received.

The value of a life insurance contract varies from person to person, even if major underwriting variables are the same.

If you are more comfortable having access to live people when dealing with an insurance agency, Haven Life is a great choice.

If the insured person is diagnosed with disease that limits his life expectancy to a year or less, in other words if he has a terminal illness, he can receive some of the life insurance benefit during his lifetimIf the insured person is diagnosed with disease that limits his life expectancy to a year or less, in other words if he has a terminal illness, he can receive some of the life insurance benefit during his lifetimif he has a terminal illness, he can receive some of the life insurance benefit during his lifetime.

If you are like most people, you have probably never heard of return of premium (ROP) term life insurance.

Term life insurance policies pay a death benefit if the insured person dies within the policy term, such as 10, 20, or 30 years.

Also, life insurance only pays out if the person insured dies.

With a life insurance policy, if the insured person dies, the life insurance company will pay out a death benefit to the beneficiaries.

Surrender value is the amount that a person will receive from the insurance company if s / he decides to terminate a life insurance policy (with an investment component such as money back, endowment or ULIP) before its maturity date.

Unfortunately, life insurance can be quite expensive, especially if the person being insured is older.

I know of a situation where a life insurance policy lists two people... one as Primary (check boxed) and one as secondary (checked boxed) but in the «primary» column it has 50 % and 50 % on the line by both person's names and mentions somewhere that if the Primary dies then the secondary would get 100 %.

When this happens, if a cash value life insurance policy was used to fund a key person policy, the amount of the cash value can be taken out in the form of an easily accessible life insurance policy loan, with no origination costs, tax free.

So, if your company is the beneficiary, which is kind of the point of key person insurance, then the premiums are not deductible (similar to a personal life insurance contract) because the death benefit is not subject to taxation.

If another person also becomes insured for Critical Illness and Life Insurance on the same mortgage, a 25 % discount will be applied to each of the individual premiums.

If the Insured Person told us that he / she was a smoker and it has been 12 months or more since he / she last smoked or used any substance or product containing tobacco, nicotine or marijuana, he / she can apply for non-smoker rates by completing a Business Credit Life Insurance Notification of Change Form.

If another person also becomes insured for Life and Disability Insurance on the same loan, a 15 % discount will be applied to each of the individual premiums.

We've already covered Why You May Want Life Insurance Even if You're Retired, but there is a growing reason that stands out above all the rest: more people are working in retirement years than ever before.