Sentences with phrase «policy on the lives of»

Let's suppose now that the family has a $ 1 million life insurance policy on the life of the deceased spouse.

Term life insurance is defined as a contract between the owner of the policy and the insurer, for a policy on the life of the insured, whereupon the insured's death, the insurer pays a lump sum death benefit to the beneficiary.

An irrevocable life insurance trust (ILIT) is a trust established to own a life insurance policy on the life of the insured.

Q. Hello, 100 % shareholder President and CEO of an S Corp. wanted to purchase individually as owner and beneficiary a life insurance policy on the life of a vice — president and COO of his company.

The site also explains how COLI originated, provides a list of companies that are believed to have bought insurance policies on the lives of their employees, and discusses employer disclosure obligations.

In this way, Company XYZ essentially has a policy on the life of the seller.

An insured person may enter into an arrangement with family members or a trust for the family's benefit, but most split - dollar plans involve a fringe benefit program in which an employer assists an employee in purchasing an insurance policy on the life of the employee for the benefit of the employee's family.

With key man insurance, the company buys a life or disability policy on the life of the key person.

100 % shareholder President and CEO of an S Corp. wanted to purchase individually as owner and beneficiary a life insurance policy on the life of a vice — president and COO of his company.

For years, companies both large and small have purchased and owned both key man life and key man disability insurance policies on the lives of their strategic people so that business continuity can be maintained in the unforeseen circumstances of a death or disability.

The principle of insurable interest on life insurance is that a person or organization can obtain an insurance policy on the life of another person if the person or organization obtaining the insurance values the life of the insured more than the amount of the policy.

The vice-president and COO wanted to purchase individually as owner and beneficiary a life insurance policy on the life of..

Therefore, business owners can set up a buy / sell agreement whereby each owner purchases a life insurance policy on the lives of the other owners.

To secure key man insurance, the business must apply for a life insurance policy on the life of the key person.

With both key man life and disability insurance, the business secures the policy on the life of the key person.

When using life insurance with a buy - sell agreement, either the company or the individual co-owners buy life insurance policies on the lives of each co-owner.

In a stock redemption plan funded by life insurance, each business owner is party to an agreement where the business purchases a life policy on the life of each business owner in an amount equaling their respective business interests.

If he takes the policy on the life of any other family member say his son under a child plan, then he is a proposer & his son is the life assured.

The S Corporation would own a life insurance policy on the lives of it's stockholders in amount of the stock owned.

Term life insurance is defined as a contract between the owner of the policy and the insurer, for a policy on the life of the insured, whereupon the insured's death, the insurer pays a lump sum death benefit to the beneficiary.

A Life Insurance policy on the life of a key employee whose death would cause the employer financial loss, owned by and payable to the employer.

A partnership firm may decide to take a Joint Life Policy on the lives of all partners.

The plan is developed by having the business acquire an insurance policy on the lives of every owner in the amount comparable to each owner's interest in the organization.

Key person life insurance is an arrangement by which a business buys a life insurance policy on the life of a key employee.

A term life insurance policy on the life of your child can provide the funds needed to repay private student loans in the event of a death.

Chelsea Bond, Senior Lecturer in Aboriginal and Torres Strait Islander Studies Unit (ATSIS Unit) at the University of Queensland wrote at The Conversation that Leak's cartoon was a reminder of the need interrogate and scrutinise «what white men are saying and doing to black Australia (men, women and children) and the lived consequences of these commentaries, caricatures and policies on the lives of black people in this country».

Not exact matches

An Australian banker caught on live TV showing a high interest rate in nearly - naked photos of supermodel Miranda Kerr has launched a viral video that has already drawn hundreds of thousands of views on YouTube — and fresh debate about employer Internet policies.

In a statement, the Strategic and Policy Forum members said they «believe the debate over Forum participation has become a distraction from our well - intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans.&Policy Forum members said they «believe the debate over Forum participation has become a distraction from our well - intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans.&policy discussions on how to improve the lives of everyday Americans.»

The force has pursued a number of policies to correct the shortfall, she said, focusing on improving quality of life for fliers and on retaining those currently in uniform.

A middle - class policy agenda that over-focuses on income may miss opportunities to improve the quality of life for middle - class Canadians.

Anyone holding a leverage life insurance annuity, or a 10/8 arrangements (another leverage insurance product) will now be subject to accrual - based taxation and no deduction will be allowed for any portion of the insurance premium paid on the policy.

All young people can do is base their options on what the current health - care rules are today, said Carolyn McClanahan, both a certified financial planner and an M.D. «The number one thing young people need to do is continue to scream at the politicians to get some good health legislative policy in place,» said McClanahan, founder and director of financial planning at Life Planning Partners.

Additionally, China's one child per family social policy creates its own set of circumstances, including larger extended families that live together, and that dote on the youngest member of the family.

Buchholz also argues against policies like France's 35 - hour cap on the workweek, conceived to promote a better quality of life among its citizens.

But markets in those days were significantly concerned by an administration unable to address its policy agenda, bogged down as it was with problems that had taken on a life of their own, and a Congress preoccupied with the issue.

It is divided into classic IKEA sections — kitchen, bathroom, living room, and so on — with each containing a breakdown of a Podemos policy.

To «go on claim,» insurance - speak for using the benefit, you must be unable to perform at least two «activities of daily living,» such as bathing, dressing, feeding and toileting, for most policies.

Feeley went on to criticize many of Trump's signature national - security and foreign policies, including the travel ban, plans to build a wall along the US - Mexico border, decision to end legal protections for the children of people living in the US illegally, and withdrawal from the Paris climate agreement and the Trans - Pacific Partnership.

** PALM BEACH - Federal Reserve Bank of Chicago President Charles Evans and Federal Reserve Bank of Dallas President Robert Kaplan participate in moderated discussion on current economic conditions and monetary policy before the American Council of Life Insurers Executive Roundtable - 2000 GMT.

«The emphasis on sports is part of Kim Jong Un's strategy to construct and highlight more of what makes life fun, such as culture and entertainment,» explained Benjamin Katzeff Silberstein, associate scholar at the Philadelphia - based Foreign Policy Research Institute.

«It is unconscionable that politicians across this country continue to endanger the lives of Americans with sanctuary policies while ignoring the harm inflicted on their constituents.»

Also of interest, the groups that were the most negative on the new economic policies were those with college degrees and people living in the Northeast, both demographics that exit polls show voted more for Hillary Clinton.

And while the company obviously doesn't recruit specifically on their parental leave policies given the personal nature of applicants» family situations, Siegel believes that ZipRecruiter's overall commitment to work - life balance, of which this policy is a part, is a huge help when it comes to winning talent for the company — particularly senior talent.

«What we've seen is that the economic climate has had a huge effect on people being willing to take vacations,» says Karen Sumberg, vice president and director of projects and communications at the Center for Work Life Policy.

«The debate over forum participation has become a distraction from our well - intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans.»

While dividend paying whole life policies aren't actually guaranteed to pay a dividend, should they do so, you don't have to pay income tax on the money as it's considered a return of premium.

[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out of everybody [18:30] How to raise your probability of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20] Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work with people who are strong where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us together?

The UN Human Rights Committee, which regularly reviews whether states are living up to their obligations under the binding International Covenant on Civil and Political Rights, today made more than a dozen recommendations for fundamental changes in Canadian law and policy in respect to the treatment of First Nations, Inuit and Métis peoples.

Instead, the arithmetic of economic expansion - employment growth plus productivity growth - is already constrained by a 4.6 % unemployment rate and a deficit on current account, and seems unlikely to be helped by the current policy direction, aside from rather short - lived effects.

If you offer a work - from - home policy, your employees can work on their own time and deal with their work - life balance as they need to, meaning you still get your eight hours of work and your employees are happier.