Sentences with phrase «policy benefit options»
The long term care insurance policy benefit options include 2 or 3 years on the base policy.
https://www.insuranceandestates.com/ Not exact matches
ACA planners attempted to undermine the insurance company model by proposing a public option - government - managed insurance that officials could deck out with generous benefits while subsidizing coverage to hold down policy prices.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.
«The panoply of public policies offering «voluntary» options for saving - such as RRSPs, TFSAs, group RPPs, and the most recent Pool Registration Pension Plans - have demonstrated their inadequacy to address the shortcomings in declining workplace pensions and a Canada Pension Plan with limited benefits,» the study concludes.
Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.
If you work for a company that does not offer a qualified retirement plan (or does not offer a life insurance option in an existing plan) or if you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plan.
Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.
Clark Insurance offers a variety of business insurance options, including everything from a business owner's policy and liability protection to complete employee benefit plans and key person life insurance.
Many life insurance policies come with the option of accelerating a portion of your death benefit if you become terminally or chronically ill.
While the cash value feature is an attractive option it's important to remember, though, that tapping into the cash value of a life insurance policy reduces its value and death benefit and increases the chance the policy will lapse.
Before these accelerated benefits were an option, desperate insured individuals began selling their policies to the highest bidder.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
Cost varies by age and benefit amount with options ranging up to $ 250,000 — not to exceed policy face amount.
A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and
«The COAG report is based on four years of exhaustive analysis of the costs and benefits of policy options including CDL and is regarded as the most independent and reliable advice on this matter available.
Brooke ensures that the policies and practices of Maryland state and local agencies and school districts are designed to allow low - income families and individuals maximum access to nutrition programs; and that the state, counties, school districts, and community - based providers take advantage of options in federal law to maximize access and benefits.
Your company may have specific policies that provide you with flexible scheduling, work from home options, pumping breaks, or other benefits that you can't take advantage of if you don't know they exist.
Trump's dismissal of Shulkin, and the nomination of a Navy doctor with no known policy views to take his place, has brought renewed focus to an increasingly contentious debate over whether to give veterans the option of using the benefits they earned through military service to see private doctors rather than going to government hospitals and clinics.
Mrs Villiers also said that the Party was not looking at the option of building an airport in the Thames Estuary (a policy favoured by London Mayor Boris Johnson and Kit Malthouse, a Deputy Mayor) but added that the Conservatives «acknowledge the possibilities and benefits that could come from the proportionate and carefully considered expansion of regional airports».
«Our interactive application,» the researchers say, «provides a flexible tool for informing public health policy via a rigorous cost - benefit analysis of available options.»
«Ms. Kapustij has the poise and leadership to provide sound policy analyses and develop policy options to promote the use of genomic information for societal benefit.»
James A. Edmonds • Member, IPCC Steering Committee on «New Integrated Scenarios» (2006 - present) • Lead Author, Working Group III, «Framing Issues,» IPCC Fourth Assessment Report (2007) • Lead Author, Working Group III, «Global, Regional, and National Costs and Ancillary Benefits of Mitigation,» IPCC Third Assessment Report (2001) • Lead Author, Working Group III, «Decision - Making Frameworks,» IPCC Third Assessment Report (2001) • Lead Author, Working Group III, Summary for Policy Makers, IPCC Third Assessment Report (2001) • Lead Author, Working Group II, «Energy Supply Mitigation Options,» IPCC Second Assessment Report (1996) • Lead Author, Working Group II, «Mitigation: Cross-Sectoral and Other Issues,» IPCC Second Assessment Report (1996) • Lead Author, Working Group III, «Estimating the Costs of Mitigating Greenhouse Gases,» IPCC Second Assessment Report (1996) • Lead Author, Working Group III, «A Review of Mitigation Cost Studies,» IPCC Second Assessment Report (1996) • Lead Author, Working Group III, «Integrated Assessment of Climate Change: An Overview and Comparison of Approaches and Results,» IPCC Second Assessment Report (1996) • Lead Author, IPCC Special Report, Climate Change 1994: Radiative Forcing of Climate Change and An Evaluation of the IPCC IS92 Emission Scenarios (1994) • Lead Author, IPCC Special Report, Climate Change 1992: The Supplementary Report to the IPCC Scientific Assessment (1992) • Major contributor, IPCC First Assessment Report, Working Group III, Response Strategies Working Group (1991).
There are four areas that could benefit from consideration in research, practice and policy: (in) the culture of recess, (ii) the importance of healthy role models on the playground, (iii) the necessity of activities, options and variety during recess and (iv) the significance of space and spatial layout (indoor and outdoor)
Blending and Braiding Early Childhood Program Funding Streams Toolkit The toolkit is designed to provide state advocates and policymakers with strategies, tools, resources and options to make policy choices that facilitate the blending and braiding of funding streams to improve access to and length of children's participation in full - workday, full - year, high - quality early learning programs that benefit vulnerable young children and working families.
They provide different options and benefits that allow you to customize your policy to your life.
Under universal life insurance option B, the policy proceeds increase over time and are equal to the cash value plus the death benefit.
We want to provide you the freedom to shop around and compare monthly costs to different policy options such as the death benefit, optional riders, and length of the contract.
Life Insurance policies issued in India come with added tax benefits that make these policies a cost - effective long - term protection cum investment option.
No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.
The benefits of this type of policy are that you can get coverage for a short period and have the option to renew without going through a lengthy underwriting process.
In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.
These can pay a benefit based on a percentage of death benefit (as you said, 2 % or 4 % and other options as well), and the benefit deducts right off the top of the policy.
Consider group insurance coverage options as well as professional associations and alumni benefits as they may offer lower premiums than an individual policy, albeit at some risk if you change jobs or if the rules or definitions of an alumni or professional association's coverage change.
b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.
Maturity Benefit Option A — 100 % of the premium paid Maturity Benefit Option B — 110 %, 115 % or 120 % of the premium paid depending on the policy term chosen
Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cuBenefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit option selected by the customer.
Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bBenefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bePolicy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bepolicy is in force (depending on the Maturity benefit Option chosen) as your Maturity bbenefit Option chosen) as your Maturity benefitbenefit.
Inside Insight — Options and incentives for consumers would concern the financial aspects of the policy such as «index caps», the «money sweep» policy, policy expenses, accelerated benefits, policy loan options, interest bonus options and «overloan» protOptions and incentives for consumers would concern the financial aspects of the policy such as «index caps», the «money sweep» policy, policy expenses, accelerated benefits, policy loan options, interest bonus options and «overloan» protoptions, interest bonus options and «overloan» protoptions and «overloan» protection.
And chances are, you are more likely to live longer, so a policy that maximizes your death benefit when you die may be the better option.
In addition, Sagicor's simplified issue whole life and universal life insurance policies have higher options for death benefits than you can find almost anywhere else.
A third option would be to name your estate as the beneficiary of your life insurance policy and then draft a will that states how you wish to divide your assets and you can name your significant other as the beneficiary of the life insurance benefit.
If you become seriously ill, Northwestern Mutual's whole life insurance policies give you the option of receiving your death benefit while still alive.
In addition, Northwestern Mutual offers the option of paying a higher premium to guarantee the death benefit, an option that's not standard for most variable universal policies.
Each policy will have different options for this rider when it comes to length of benefit payment and how much it will cost.
The fact that the cost of insurance rises as you age, and that there are some strategies for increasing death benefits and strategically managing the policy throughout the years to manage the various indexes and crediting options, means that it isn't simple.
Many life insurance policies come with the option of accelerating a portion of your death benefit if you become terminally or chronically ill.
With hybrid long - term care life insurance policies you get a death benefit payout along with the option to use the policy if you are faced with the need for qualifying long - term care services.