Sentences with phrase «policy benefits until»

However, in case the beneficiary is under 18, the policyholder has to select an «Appointee», who will receive all the policy benefits until the nominee reaches 18 years.

The Surplus Rebate Account is a unique, non-vesting policy benefit until retirement or death.

Not exact matches

Determining how and when to begin claiming Social Security starts with an assessment of whether or not you can afford to delay benefits until your full retirement age, said Alison Shelton, senior strategic policy advisor with AARP.

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

In this case, you would probably want to consider a guaranteed universal policy, since it provides a death benefit until 121 years of age (or whatever age you choose).

In social policy, the Party is committed to breaking the cycle of poverty by developing a «living wage» policy that is sufficient to allow workers to support their families; make changes to the welfare system to encourage people on social assistance to move beyond poverty, such as allowing some benefits to remain until they are firmly established in the workplace; and reviewing the housing component of Alberta Works social assistance to bring it in line with the current reality of the Alberta housing market.

Altogether, these policies provided public - sector housing with its biggest - ever boost up until that point, while low - wage earners particularly benefited from these developments.

«We now have the ability to reach anyone, anywhere but the promise and benefits of telemedicine will not be fully realized until the changes are made in Medicare policy.»

Until very recently, most of these institutes and establishments have not had clear policies and guidelines on the sharing of benefits of such inventions.

The confusion will continue until the Ontario Ministry of Education takes the initiative to formulate the kind of policy that the Royal Society's expert panel calls for, and truly leverage the school library learning commons for the benefit of Ontario's K - 12 students.

So I will stick to my current policy until someone can demonstrate the real benefit otherwise.

The best policies have benefit periods that last until you reach retirement age.

This Non guaranteed benefit (as percentage of Sum Assured on Maturity) is paid out as a cash bonus every year starting from the 6th Policy year, until maturity or death, whichever is earlier.

Virtually all variable universal life policies I have reviewed have these characteristics: a.) illustrated (represented based on hypothetical assumptions) to have level death benefits from the day purchased until death; b.) invested in risky sub-accounts [primarily stocks]; and c.) a premium that the client believes is his or her «policy's premium.»

In this case, you would probably want to consider a guaranteed universal policy, since it provides a death benefit until 121 years of age (or whatever age you choose).

Even then, don't sign up for an insurance policy until you have crunched the numbers and figured out that its benefits are likely to offer you a better after - tax return on the premiums you pay than you would earn for CD rates or long - term investments.

Sagicor's guaranteed universal life insurance policy is somewhat similar to a term life insurance policy that lasts until you turn 120, making it a great choice if you just want a permanent death benefit.

You'll still have the same life insurance policy you bought - nothing will change about the term or death benefit - but your premiums will be waived until your disability ends.

For example, if you own a $ 500,000 life insurance policy and your parents co-signed on a mortgage loan worth $ 250,000, you can designate 50 % of the death benefit to your parents until the loan is paid off.

These policies offer much lower premiums as the death benefit is paid out on the passing of the second spouse (i.e. if you die, the death benefit is held until your spouse also dies).

A Single Premium policy is the one in which the premium amount is paid in lump sum at the beginning of the policy as a return for the death benefit which is guaranteed to be paid up until the death of the policyholder.

One common way to determine how much you need is to multiply the policy holder's income by 15 and purchase a policy with an equivalent death benefit for a term that lasts until the person would likely retire.

A Life Insurance with Single - premium benefits is a type in which the premium is paid in lump sum to the policy to which in return death benefits are promised to be paid until the policyholder die.

The insurance part of the death benefit shrinks over time as the cash value grows, until eventually the cash value makes up all of the money the insurance policy will pay out.

However, until I reach that point in life, I want a current tax policy that will benefit me.

This continues until policy maturity at age 121, when the cash value and death benefit are the same.

This type of life insurance policy allows those with disposable cash to pay a lump sum into a life policy for a death benefit that will be paid up until the insured dies.

A lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die.

If a couple sets up the trust jointly, the insurance policy purchased within the ILIT is usually a «survivorship» or second - to - die policy, so the death benefit won't be paid until the surviving spouse passes away.

Guaranteed * Survival Benefits: The product assures Guaranteed * Survival Benefits until Maturity (except in the policy year coinciding with maturity).

In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance company).

Essentially, I needed to accept the group offset amendment which meant, in effect, «We will increase your individual LTD policy benefits, but as long as you are part of your group LTD plan, those benefits will pay first and reduce additional benefits from your individual plan — until you are no longer part of the group.»

You will receive benefits until you exceed the policy's specified time limit or maximum coverage amount, or until you recover.

Depending on the policy, benefits may be paid for a specified number of years or until you reach retirement age.

Term Rider: Due to the higher initial cost of permanent policies, you can supplement your coverage with a term rider to increase your death benefit coverage until your cash value has a chance to catch up.

The longer you keep the policy, the more the cash component increases until it eventually comprises all of your death benefit.

Over the years, the more I learned, the more sceptical I became, I don't believe at this stage that the massive economic costs incurred by proposed anti-AGW policies can be justified, and that if it is proven to be a serious issue, then dealing with it is better deferred until economic growth and potential technological breakthroughs would make the cost more feasible, if and only if it had been demonstrated that (a) AGW were real; (b) the costs of inaction were enormous; and (c) the costs of action would bring commensurate benefits, e.g. would stop or long defer dangerous warming.

«Until we get an unbiased accounting of BOTH costs AND benefits of using fossil fuels, there is little hope in getting rational public policy that won't do more harm than good.»

It does not address the transitional provisions which provide optional benefits on existing policies until they are terminated or renewed.

Seriously injured claimants will never get fair treatment unless / until the quality of insurer assessments (IMEs) denying them policy benefits (including treatment benefits) finally improves.

Your benefits usually won't kick in until you have had the policy for 2 or, on some occasions three years.

It's quite possible to get a term life insurance policy that covers you until your particular life expectancy if all you are concerned about is a death benefit.

You may be able to get «level» coverage, in other words, you will receive the same benefit until the policy runs out, or you may be able to have «decreasing» cover for the period of the term which will keep your premiums the same.

You'll be paid whatever your benefit amount is, until the factors listed in the «What is a Policy Benefit Amount» sbenefit amount is, until the factors listed in the «What is a Policy Benefit Amount» sBenefit Amount» section.

So if you contract an infection during as an accident that doesn't take your life until six months later, your family would not receive the policy's accidental death benefit.

The Foresters Modified Benefit Plan is a whole life policy provides coverage until age 121 with level premiums.

The Foresters Level Benefit Plan is a whole life policy that provides coverage until age 121 with level premiums.

A key detail about Graded Benefit is that the death benefit is not entirely available until, typically, 2 — 3 years after your policy is Benefit is that the death benefit is not entirely available until, typically, 2 — 3 years after your policy is benefit is not entirely available until, typically, 2 — 3 years after your policy is issued.

The death benefit on this type of policy is not paid out until the second person dies however.

Until now, this was the maximum death benefit from a single no exam policy one could get, until Principal introduced their million dollar term without a physUntil now, this was the maximum death benefit from a single no exam policy one could get, until Principal introduced their million dollar term without a physuntil Principal introduced their million dollar term without a physical.