Sentences with phrase «policy on a permanent basis»

Not exact matches

Founded only in 2008 but measured earlier this year as the third-most valuable venture capital - backed group in the world at over $ 25 billion, Airbnb also said it would help prevent its service from causing housing shortages by «ensuring hosts agree to a policy of listing only permanent homes on a short - term basis».

Many types of permanent life insurance policies increase in value over time based on interest rates.

«You would never want someone of very modest income to buy a permanent life insurance policy that they couldn't afford on an ongoing basis.

In later life stages, permanent life insurance may offer, depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse needs.

The proposal is based on the federal government's email retention policy and would create standards for permanent preservation of records generated by statewide public officials, state lawmakers and those in senior agency positions.

The Cabinet Office's prescription for reform is a smaller and better fast - stream; more private sector experience; rotation on the basis of policy delivery, not career development; more expert special advisers (in short, kitchen Cabinets), and Permanent Secretaries chosen by Secretaries of State from a shortlist drawn up independently.

When you compare permanent life insurance quotes, the policies you compare must be based on your specific needs.

There are several types of permanent life insurance policies to choose from, each of which can be customized based on your goals.

One of the key benefits of the permanent life insurance policy, is that the cash value grows tax deferred and withdrawals are taken out on a First In — First Out (FIFO) basis.

Premium Waiver rider (UIN: 130B005V03): 100 % of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.

If you purchase a permanent life insurance policy on your child before all these factors even come into play, they will never have to worry about having increased rates or having their application denied based off of one of the factors stated above.

Next time around, you may want a permanent policy so you can accumulate cash value on a tax - deferred basis or just for the hassle - free life coverage at a guaranteed premium amount.

In addition to the life insurance coverage that is provided with a permanent plan, this type of policy will also include a cash value component where cash can accumulate on a tax deferred basis over time.

If you take a permanent policy, a guaranteed insurability clause will enable you to buy additional coverage in the future without needing to qualify based on the state of your health.

Permanent life insurance policies provide a death benefit as well as other unique features such as lifelong protection and the ability to accumulate cash values on a tax - deferred basis, similar to assets in most retirement - savings plans.

In the case of permanent life insurance policies, cash values accumulate on an income tax - deferred basis.

Indexed Universal Life is a permanent life insurance policy that credits you interest on your cash value based on a particular market index or a set of indices.

Permanent life insurance policies will also have a monetary value component, where money can grow and compound on a tax deferred basis.

Permanent life insurance policies are more complex with the added details of investment components and have many ways to customize your policy based on your goals.

«NECEC is committed to working with the Legislature and the Baker Administration to develop a permanent solution based on a long - term sustainable solar policy framework that reduces costs, benefits customers and recognizes the value that solar provides for all customers.»

Presentation to the WSIB Benefits Policy Consultation discusses fallacies in the Board's scenarios of «aggravation basis» and overcompensation, recurrences, permanent impairments; treatment of workers with degenerative conditions that is creating a windfall for employers; KPMG influence on proposed policies.

Universal Life Universal life insurance resembles whole life in that it is also a permanent policy providing cash value benefits based on current interest rates.

Knowing the difference between term life vs permanent life is critical in deciding what policy will be the right fit for you based on your specific needs and goals.

When it expires you have to either renew it for another term or convert the policy to a permanent policy before the expiration date.To renew the policy you will be required to undergo a medical exam and the cost will be based on the results of that exam and your age.

Taxes and Variable Life As in permanent life policies, the cash value of a variable life insurance policy grows on a tax deferred basis.

If you chose to elect the option to convert the policy you can choose permanent coverage based on the product offering of the life insurance company you are with.

If you can qualify based on your age and health, a guaranteed universal life insurance policy (GUL) will be the best way to get permanent coverage for the lowest cost.

While this type of employer - based insurance can be a great supplement to your permanent life insurance policy, it is not typically sufficient to rely on, and can leave you spending more money in the end.

The amount of these premium is based on several factors, including whether the policy is permanent or temporary, and then next face value, length of coverage, age, and your rate class.

The cash that is inside of a permanent policy is allowed to grow on a tax - deferred basis, so there is no tax due on this cash until the time it is withdrawn.

Your premium payments on a permanent life insurance policy may accumulate cash value on a tax - deferred basis.

Instead, the company converts the policy to permanent coverage based on your original health class rating.

The cash value of whole life (and other permanent) insurance policies accumulates on a tax - deferred basis, just like a 401 (k) or other retirement savings account.

Unlike a term policy, which as its name suggests has rates and coverage based on a set term or number of years, a Permanent Policy does not epolicy, which as its name suggests has rates and coverage based on a set term or number of years, a Permanent Policy does not ePolicy does not expire.

Flexibility to convert term life insurance to permanent life insurance based on the duration of the policy:

Unlike whole life insurance, which is considered a type of permanent life insurance, level term policies will eventually come to an end at a specific amount of time based on the policy you purchase.

Just as with other types of permanent policies, the cash that is in the policy is allowed to grow on a tax - deferred basis.

However, the fact that you'll never have to reapply for coverage based on age or health can make a permanent policy more cost effective compared to renewable term life.

Provides the benefit of waiver of all future premiums payable under the base Life Insurance Policy on the earlier occurrence of Untimely Death, Accidental Permanent Total Disability or Critical Illness.

You want to be able to extract money from your life insurance: Permanent life policies include a savings account known as cash value, which grows gradually on a tax - deferred basis.

The premium for the new permanent policy will be based on your age at the time of conversion.

«You would never want someone of very modest income to buy a permanent life insurance policy that they couldn't afford on an ongoing basis.

If you purchase a permanent life insurance policy on your child before all these factors even come into play, they will never have to worry about having increased rates or having their application denied based off of one of the factors stated above.

In later life stages, permanent life insurance may offer, depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse needs.

A State Farm ® agent can help you choose a permanent life insurance policy that builds cash value that could grow to a sizeable amount on a tax - deferred basis over time.1 The policy's cash value could be used to:

There are several types of permanent life insurance policies to choose from, each of which can be customized based on your goals.

b. Option to Convert - this is similar to the renewability with the sense that it will give you the ability to convert your term policy on guaranteed basis to one of the companies permanent life insurance options should your situation change and your health is no longer similar to what it was when your first applied.

The cash that is inside of a permanent life insurance policy can grow on a tax - deferred basis.

And, because it is a permanent life insurance policy, it will also include a cash value component that grows on a tax - deferred basis.

The premiums will be calculated based on the age of the insured at the time of conversion and the type of permanent policy being issued.