Sentences with phrase «policy beneficiaries in»

Life insurance plans are essential as they compensate your dependents or the policy beneficiaries in the unfortunate event of the policy holder's death, provided he has been duly paying his premiums.
A life insurance policy is designed to pay a stated sum to the designated policy beneficiary in the unlikely event that the insured dies within the policy's coverage period.

Not exact matches

Beyond nurses and health policy planners, the two biggest beneficiary groups to date, pharmacists and the broader pharma sector, stand to see spikes in demand.
AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.
You have certain types of income (such as business or farm self - employment income; unreported tips; dividends on insurance policies that exceed the total of all net premiums you paid for the contract; or income received as a partner, a shareholder in an S corporation, or a beneficiary of an estate or trust)
Some 70 % of shares in U.S. - listed companies today are held by mutual funds, pension funds, insurance companies, sovereign funds, and other institutional investors, which manage them on behalf of beneficiaries such as households, pensioners, policy holders, and governments.
But the policy's beneficiaries are literally all over the map, from farmers finding a new market for their waste products to clean tech researchers in university labs.
The court filing also contends that Nikolas and his younger brother, Zachary, may be beneficiaries to money left in trusts and to proceeds from an insurance policy and an annuity.
With term and permanent life insurance, you make premium payments so that in the event of your passing, your loved ones and beneficiaries will receive the death benefit proceeds from the policy.
In that case you can help your beneficiaries defer funeral and burial costs with a life insurance policy.
In the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in ordeIn the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in ordein order.
The Oregon study's finding that expanding Medicaid had a statistically insignificant impact on the health of beneficiaries could be used by many Republican politicians as an excuse to ignore health care policy beyond making some gestures in the direction of repealing Obamacare.
«The belief that corruption is the important issue in the country is shared only by the minority living in urban areas and towns who have been beneficiaries of economic liberalization policies mandated by western countries.
In the New Economic Policy, only 10 % of the elites are the real beneficiaries.
Realizing that such an award would be rejected out of hand by a judge, Sparks moderated her demand, and Payton agreed to contribute $ 5,550 a month in child support, establish a $ 175,000 college trust fund and purchase a $ 1 million life insurance policy naming the child as beneficiary.
3) The entire mandate by the state bothers me, in fact, because while I support the idea of shoring up the nutrition of low - income children (who as you point out are the likely beneficiaries of the policy), I DO N'T support the idea of intervening in what parents choose to feed their children.
The research team, led by Dr Sarah Ayres, conducted interviews with senior Whitehall officials in which they found a growing awareness of the need to boost the competitiveness of England's economically weaker regions and to improve services through decentralisation and empowerment.Whitehall officials viewed the first round of RFAs in 2006 as generally positive - in particular, the main beneficiary had been the Department for Transport and transport policy.
The net effect of this not - thought - through policy is that, in many cases, children from rich and affluent homes who attend some of the best private schools for their primary education will be the beneficiaries of this scholarships, and children of less endowed schools and remote villages and towns will be disadvantaged.
While some believe that Nigeria and Africa should be weary of Trump «s victory, some believed that the Democratic policy in the last eight years was not beneficiary to Nigerians and Africa.
How can the public trust Cameron on the NHS when his health secretary is hand in glove with a big beneficiary of Tory health policy?
Effective teaching and learning have been hampered at the La Presby Senior High School, as students, including beneficiaries of government's Free SHS policy, are forced to study in uncompleted buildings without marker boards and adequate desks.
This can occur over time, as white women are quickly achieving parity in some scientific fields, as the group that is the main beneficiary of affirmative action policies that were fought for primarily by African Americans.
«Our study was able to compare differences in cancer screening for Medicaid beneficiaries in almost all states, providing a broad, national picture of the effects of state - level Medicaid policies on receipt of these critical medical care services among a large group of underserved individuals.»
«Shedding light on trends in the burden of stroke among Medicare beneficiaries may provide important information for policy purposes, including describing the past and current scope of the condition, assessing the potential effect of stroke prevention interventions on a national level, and identifying areas where resources can be targeted more specifically and effectively,» says lead investigator Margaret C. Fang, MD, MPH, an Associate Professor of Medicine at the University of California San Francisco School of Medicine, who also serves as the Medical Director of the UCSF Anticoagulation Clinic.
Although Medicare and Medicaid are playing a role in health care payment and delivery reform innovation, it will be difficult to enact large - scale program changes because of the conflicting priorities of beneficiaries, health practitioners and organizations, and policy makers, according to an article in the July 28 issue of JAMA, a theme issue on Medicare and Medicaid at 50.
Dr. O'Neill, director of Employment and Disability Research at Kessler Foundation, is the primary author of, «Return to work of disability insurance beneficiaries who do and do not access state vocational rehabilitation agency services,» published in the Journal of Disability Policy Studies.
A life insurance policy is cover that a person takes out, keeps up with the monthly premiums and in turn the insurer undertakes to pay their dependents / beneficiaries out upon their death.
If you are the beneficiary, the death benefits remain payable indefinitely provided the owner did not allow the policy to lapse, or cash it in before he or she passed away.
In the financial world, a beneficiary typically refers to someone who is eligible to receive distributions from a trust, will or life insurance policy.
In contrast, a standard term life insurance policy pays your policy amount to beneficiaries on death.
In case of death before retirement, your policy will pay a benefit to the beneficiary — in most cases, the spouse or childreIn case of death before retirement, your policy will pay a benefit to the beneficiaryin most cases, the spouse or childrein most cases, the spouse or children.
Although the contingent beneficiary is named in the life insurance policy, he or she won't receive a portion of the death benefit if any of the primary beneficiaries are still alive.
They'll make sure that you are, in fact, the beneficiary assigned to the policy so that they aren't paying out to the wrong person.
It's always best to seek the advice of your financial advisor, tax advisor or your insurance agent when you are buying a life insurance policy, naming your beneficiaries, and making any changes to your policy, as to whether those choices may result in tax consequences.
If you live a long life, your beneficiaries will eventually get back only what you contributed to the policy, plus a small amount of interest — probably less than your money would have generated in another type of retirement account.
Consider naming the person who would be responsible to pay off your loans in the event of your death (i.e. co-signer, spouse, etc) as the beneficiary of the policy so that they can receive the cash directly from the insurance company.
If you die while your policy is in force, your named beneficiaries will receive the policy's death benefit.
Key man life insurance differs from other life insurance policies in that the business is both the owner and the beneficiary of the policy.
An exception where creditor protection is not provided is in the case of a policy owner who is also the beneficiary of the policy.
AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.
Whether you die while the policy is in effect or outlive the policy, the money you put in will be distributed to your beneficiaries or to you, respectively.
Those payments are invested in the company's general account, which in turn, guarantees that you or your beneficiaries will receive at least the policy's guaranteed cash value or death benefit.
Basically, the death benefit is how much the life insurance policy pays to your beneficiary, untaxed and in a single lump sum, should you die.
Term life insurance offers a fixed payout to the policy holder's beneficiaries in the event of his or her death.
Keep in mind with most policies you can change your beneficiaries at any time.
This type of policy has a number of benefits as a life insurance solution, and can be used as a savings and investment tool in addition to providing death benefits to your beneficiaries.
Death Benefit - In case of uncertain demise of the insured person during the tenure of the policy the death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if any.
However, the way this works in real life is that the beneficiaries know that if they take the proceeds, they life insurance premiums will NOT get paid and they will no longer be the beneficiary of a life insurance policy.
Your husband can express his wishes to his sister, but in the end she has the right to decide the policy's beneficiaries.
In the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in ordeIn the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in ordein order.
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