Sentences with phrase «policy ends at some point»

Not exact matches

Since things like college costs and mortgage payments usually end at some set point, a term policy is very useful for this kind of planning.

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

It is instructive to see what happened in a range of countries during this second period, that is between the turning point in US policy in 1965 and the OPEC shock at the end of 1973.

But with most fixed - term prisoners already automatically released at that point, the policy would almost certainly end up costing the Ministry of Justice (MoJ) money, as some would invariably fail to satisfy the requirements.

Fourthly, Lib Dem and swing voters especially will not forgive Lib Dems for precipitating the demise of the Coalition government, probably two years before it is due to end, not on a point of principle, such as on tuition fees, tax policy, social policy like gay marriage, Trident, the European treaty veto or the health or welfare bills but on... an issue of narrow partisan electoral self interest, i.e. unhappiness at boundary changes (which they had already voted for in February 2011).

«As a national model, we must maintain our upward momentum to end gender and racial inequality through public policy that celebrates our diversity,» Council Member Cumbo said at the rally, pointing to other city and state efforts like the municipal identification card program and a higher minimum wage.

Board members Lottie Beebe and Carolyn Hill have raised eyebrows at the state's policy that even F - graded charters may be renewed at the end of their first term if students have made major progress from a very low starting point.

The policy ends at age 121, at which point the non-guaranteed totals equal over $ 21,000,000 for the cash value and death benefit.

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

But anyway, we now have news of the sale of the entire policy portfolio & an imminent wind - down of TLI to return 51p per share (subject to FX risk) to shareholders — considering my lack of faith in management at this point, this is the best job & end - result they could / should deliver.

I stand by the points I made regarding the use of the extreme scenarios to drive policy without any clarification that they are both hypothetical and at the extreme end of the range.

How many took time to correct the commentators pointing out that the extreme scenarios used to whip up support for draconian climate change policies were merely hypothetical, and at the upper end of hypothetical?

Lomborg claims the often - repeated talking point that «Policies aimed at addressing climate change can easily end up punishing the poor,» pointing a finger at Germany and citing a study by the fossil - fuel - funded Institute for Energy Research (IER), claiming that renewable energy targets and emissions caps have resulted in «energy poverty.»

Markus Trilling, finance and subsidies policy coordinator at Climate Action Network (CAN) Europe, said: «The current approach of the European Parliament to the future EU budget is clearly pointed in the right direction as it recognises how vital it is to make all EU spending work for the climate and to end any support for fossil fuels.»

Now, a credible Plan requires at least two major components: an end point / target, and a series of actions / policies that will lead to the target.

You co-opted Hansen's and others targets and say «a credible Plan requires at least two major components: an end point / target, and a series of actions / policies that will lead to the target,» and then claim that more targets, such as sharp demand reduction, are the steps.

Otherwise, what is the point of paying on a policy for 10 or more years, only to outlive it because it ends at age 80?

If the policy is cancelled (lapsed or surrendered) at a point prior to the end of the term, a designated percentage of the premiums paid may be returned to the policy owner.

At the end of this 20 year term life insurance policy, you can decide to renew and at that point your rates can changAt the end of this 20 year term life insurance policy, you can decide to renew and at that point your rates can changat that point your rates can change.

At that point, the nominee appreciates the sum assured and the accumulated bonus, when nominee receives the whole amount, that's where the policy ends.

Since whole life has this cash value component, if you end up canceling your policy at some point, you'll probably get some cash back.

Personally, I'd rather keep the life insurance, use the cash values to supplement my investments and / or use the cash value to pay my income in the years the stock market goes down (like 2001, 2008, etc) so that I don't end up worse off than when I began because at the end of the day that account can't lose its value, I can't be sued for the value of it, I don't need to report it on my son's FAFSA form for college, AND if I pull money out of it for my son's school, the dividend still pays the same amount as if I hadn't drawn the money out in the first place (fun fact: that last point isn't something that a northwestern policy does, but new york life and massmutual's contracts do).

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

GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.

This is because the intent of the policy is to build cash value at a faster rate for a higher internal rate of return, or because premium payments are meant to stop after a certain point, and sufficient cash value must be built up to end payments.

Because the premiums are so much lower than permanent, if you decide to abandon the policy at some point before the term ends, you won't lose as much money as you would with a permanent policy.

So if you sign up for a 30 - year term policy when you are 25 years old and then your coverage ends when you turn 55, it will be much more expensive to get a new policy at that point.

Each life insurance policy ends at a different point, allowing you to effectively reduce your coverage over time while still locking in low rates while you're young and healthy.

This is the opposite of traditional term life insurance policy and many people prefer this since many don't need as much coverage at this certain point in the future, i.e. when the term ends and Protective allows the policy holder the same price as before just a lower face amount.

With a Level Term, the death benefit and the premium will both remain level until the end of a specified term at which point the policy will be terminated.

For some, the idea of purchasing a life insurance policy that is set to end at a specific point in time, AKA «term life insurance,» just seems like a total rip off.

What happens at the end of the level term is the premiums skyrocket through the roof and most people drop the policy at that point.

You may cancel a motorcycle insurance policy at any point, but it's simplest to do so near the end of your premium period.

It's easiest to wait until near the end of your policy term to end your coverage, but you can cancel a policy at any point.

A level term policy, the most common type, pays the same benefit amount if death occurs at any point during the term; while a decreasing term policy pays less the closer you come to the end of the term.