Sentences with phrase «policy than premiums»
If there is enough cash value to cover the cost of insurance in the policy than premiums can be drawn from the cash value.
http://www.paramountlifeinsurance.com/ Not exact matches
If policy developments in advanced economies make the path for growth and debt less benign than expected, risk premiums and volatility could rise sharply.
Premiums that are higher than those in the baseline projections would tend to boost the budgetary savings under this policy by increasing the estimated per - person savings from people no longer enrolling in nongroup coverage.
This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.
Level term policies are usually more affordable since premiums can vary based upon factors other than age, and the insurer can better price your risk profile.
You wouldn't owe any taxes if the life insurance policy's cash surrender value was less than the amount you had already paid in premiums.
If you withdraw from your policy, you will owe income taxes if the amount is more than what you have paid in premium payments.
Bill Hammond: «As health plans across the state announce their requested premium increases for 2018, the Cuomo administration's policy decisions are taking more blame than Washington's.»
The analyses found that the policy change would help support immigrant families by expanding job opportunities, while modestly lowering insurance premiums for all state drivers and improving public safety on roadways, with the fiscal costs of implementing the proposal more than offset by added revenues.
As health plans across the state announce their requested premium increases for 2018, the Cuomo administration's policy decisions are taking more blame than Washington's.
«With the savage cuts that will undoubtedly be announced by the Chancellor in the autumn Comprehensive Spending Review, the introduction of the pupil premium will represent nothing more than a Pyrrhic victory for the Liberal Democrats who originally advocated this policy.
The IG also found that, despite those promises of price competition, many co-ops had set premiums higher than policies sold by commercial insurers.
«Mr. Cox: To ask the Chancellor of the Exchequer if he will bring forward measures to ensure that elderly people paying towards a funeral plan can be issued with a paid - up policy rather than continue to pay premiums in excess of the sum assured.
That is not so much because the detail of these policies is awry (although the tax threshold is badly targeted, and the pupil premium is smaller than the pro-poor funding which Labour introduced).
With a whole life policy, initial premium is higher than what is needed to fund the pure risk of death.
Premiums for our sample policy were 25 % lower than the Indiana average.
(a) The premium for a whole life insurance policy is generally much higher than that of a term life insurance policy.
Pay taxes on the smaller amount (the premium) rather than the bigger amount (the maternity leave benefit) to make the most of this policy purchase decision.
Regardless of the company you currently maintain your life insurance policy with, canceling your life insurance will typically require you to do more than stop paying your contract's premiums.
Premiums quoted for our sample motorcycle policy and rider in Aberdeen and Brookings were both 4 % cheaper than the South Dakota average.
If you buy a 10 year term policy and want to renew it at the end of that term, the premiums will be higher than what you were originally paying, so choose the length of the term carefully.
For example, whole life insurance policy premiums tend to be far more costly than the premiums associated with term life insurance policies.
The $ 400 difference in annual premiums between the policy with a $ 500 deductible and a $ 1000 deductible means the money you save on your car insurance will be more than your increased deductible if you think you can go more than 2.5 years without an «at fault» car insurance claim ($ 1000 deductible / $ 400 annual savings = 2.5 years).
The place with the most expensive premiums was Yankton, where quotes for our sample policy were 11.2 % higher than the state average.
Rated policy: An insurance policy issued at a higher premium rate than standard because of undesirable lifestyles or health conditions.
Premiums for out sample policy and rider were 21.9 % higher in Vancouver than the state average.
However, since there's no medical exam, premiums will be significantly higher than if you purchased a policy from an insurer with full underwriting.
The city with the highest premiums in our study was Vancouver, where quotes for the sample policy were 21.9 % higher than the state average.
Premiums quoted for our sample policy were 5.9 % higher than the state average.
When a policy lapses, you not only lose your coverage but also will have to pay income taxes if the outstanding loan is greater than the amount you've paid in premiums.
Given the median tenure for employees at a particular job is less than 5 years, it's likely you'll move to a new company within the term of coverage, and you'll have to get a new policy which is likely to have higher premiums since your age has increased.
When you opt for a level premium multi-year policy, it is structured so that in earlier years you are paying more than you would for a single - year policy, and in later years you are paying less than what you would pay for a single - year 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.
«It's better to buy a smaller policy with premiums you can comfortably afford than to buy a bigger policy that you have to let lapse because you can't pay the premium,» says Ewanich.
Your insurance company can not cancel your policy more than 60 days after it was purchased unless you fail to pay your premium, commit fraud, significantly alter your home so that the carrier deems it is no longer insurable, or if the home is vacant.
This helps keep term life premiums lower for young people than permanent policies, which eventually will have to pay a death benefit.
But, this isn't an apples - to - apples comparison, since whole life insurance is usually significantly more expensive than term life insurance, whereas a return of premium policy is usually only slightly more expensive than a basic term policy (depending on your age and profile).
A healthy 30 year old can get a $ 250,000 10 year term life policy for less than $ 10 in monthly premiums.
This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.
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.
«Your personal possessions will cost tens of thousands of dollars to replace in the event of a total loss, yet the annual premium for a renters insurance policy is usually no more than $ 200.»
If you withdraw from your policy, you will owe income taxes if the amount is more than what you have paid in premium payments.
This is allowed due the payment of whole life dividends which are basically defined as a «return of premiums» to the policy holders rather than regular income.
Your premiums with a non owner policy will likely be greater than what you paid before the incident associated with the SR - 22, but less expensive than a rate you would be quoted if you still had a car, along with your flawed driving record.
The good news about high - deductible plans is that monthly premiums are typically much lower than they are for health insurance policies with standard deductible levels.
Motorcycle insurance premiums quoted for our sample policy in Laurel were 5.6 % higher than the state average.
A large portion of your premiums payments will be invested in the insurance company's investment fund in whatever asset class you prefer (stocks, bonds, mutual funds, money market funds, etc.) Over time, this has the chance to generate a much larger cash value in your insurance account than a traditional whole life policy does.
Premiums for our sample policy and rider were only 0.4 % higher than the state average.
The place with the most expensive motorcycle insurance premiums was Kearns, where quotes for our sample policy were 5 % higher than the state average.
Premiums are level for the entire length of coverage and you can purchase a policy with no medical exam if the death benefit isn't greater than $ 400,000.