Sentences with phrase «policy than the death»

Luk says some entrepreneurs may go further and consider a universal life plan, in which the policyholder pays more into the policy than the death benefit requires.

When / if the primary insured dies during the life of the policy than the death benefit will be paid to the beneficiary.

As long as you don't «over commit» by purchasing a life insurance policy that you can't afford, you'll rarely reach the point of paying more into the policy than the death benefit received.

After all, if you lived just 10 years, you would have already paid more premiums into the policy than the death benefit is worth.

Not exact matches

Other than making vague promises to place more police officers on the streets, encouraging DNA testing for death - row inmates and calling for the need to reduce recidivism by investing in «proven community - based law - enforcement programs,» the Democrats» policy solutions over the past eight years have done little to dismantle the carceral state that they helped create.

Such policies also pay out a death benefit to your heirs when you die, but they are far more expensive than term life.

These insurance policies are less pricey than traditional life insurance, since they pay benefits only after the death of both husband and wife.

Of course, the policy's cash value changes over time and is lower than the total sum of the death benefit it provides.

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

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.

However, few people actually need these policies, which are very expensive and restrict their death benefit to less than $ 25,000.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

And life insurance policies with limited underwriting, such as simplified issue or guaranteed acceptance policies, regularly restrict death benefits to be less than $ 100,000 to $ 250,000.

Whole life insurance policies are generally more expensive than alternatives, such as term life insurance, and the death benefit directly impacts that cost, so it's important to evaluate your family's needs before deciding to purchase.

If you don't have plans to save for final expenses in advance, and the financial burden caused by your death would hurt your family, a permanent life insurance policy might help you deal with those financial pressures to make sure that your passing isn't worse than it needs to be.

These policies all generally have a cash value component, which is essentially the surrender value of the policy (if you give it up before its maturity or your death), and is the primary reason permanent life insurance policies are more expensive than term policies.

The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.

This feature guarantees that the policy will not default, even if the cash surrender value falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy policy will not default, even if the cash surrender value falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy policy debt never exceeds the Policy Policy Value.

It's less about implementing policy than it is drawing attention to life and death issues that can be more complicated than bills and bans may suggest, she said.

Whether nonviolent resistance can always overcome aggression and whether its cost in suffering and death will in every case be less than that of war is difficult to say, but at least it can not be said that pacifism is merely a policy of capitulation.

N.J.S.A. 18A: 40 - 41.5 (2010) provides immunity from liability for school districts for the death or injury of a person due to the action or inaction of persons employed by or under contract with a youth sports team, provided there is an insurance policy of not less than $ 50,000 per person per incident, and a statement of compliance with the school district or nonpublic school's policies for the management of concussions and other head injuries.

According to a policy statement by the American Academy of Pediatrics (AAP), one - fifth of all SIDS deaths occur while the child is in the care of someone other than parents.

De Blasio and incoming NYPD commissioner James O'Neill said Tuesday they would examine the city's policy on the matter after POLITICO New York reported that Officer Daniel Pantaleo boosted his salary by more than 20 percent in the two years since he was placed on modified duty following his role in the 2014 death of Eric Garner.

The new clean air policy package is estimated to avoid an extra 58,000 premature deaths, protect an extra 123,000 km2 of ecosystems from nitrogen pollution (more than half the area of Romania), and save 19 000 km2 forests from acidification by the year 2030.

According to Gil Kerlikowske, director of the U.S. Office of National Drug Control Policy, prescription painkillers were responsible for 16,600 deaths in 2010 — well over five times more than those caused by heroin.20

LBJ never embraced Kennedy's policies more than after his death, where he made it a mission to do the right thing in the face of tragedy, dedicating all his energy to ensure history would think well of him.

Actually, the plot is a lot more convoluted than that; it involves a trio of corrupt detectives (Bill Paxton, Shea Whigham, Mike Epps), Nick's ex-wife's alcoholism, a life insurance policy that names Cate as the sole beneficiary, a drug kingpin (Jordi Mollà) out to avenge the death of his son, and plenty of clunky voice - over.

In a new publication, Quality Physical Education, Guidelines for Policy Makers, UNESCO urges governments and educational planners to reverse this trend, described by the World Health Organization (WHO) as a pandemic that contributes to the death of 3.2 million people every year, more than twice as many as die of AIDS.

Since Franco's death in 1975 Spain's Basque country now has more autonomy than any other region in Spain, including its own parliament, police force, education policies and ability to collect taxes, but hardline ETA members and supporters remain determined to fight for full independence.

Since Franco's death in 1975 Spain's Basque country now has more autonomy than any other region in Spain, including its own parliament, police force, education policies and ability to collect taxes, but hardline ETA members and supporters remain determined to...

With a whole life policy, initial premium is higher than what is needed to fund the pure risk of death.

The amount you receive will be greater than the policy's cash value and less than its death benefit.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

And life insurance policies with limited underwriting, such as simplified issue or guaranteed acceptance policies, regularly restrict death benefits to be less than $ 100,000 to $ 250,000.

This rider allows you to receive a portion of your policy's death benefit while you're still alive if you've been diagnosed with a terminal illness (meaning less than 12 months to live).

Death benefits are usually smaller than traditional life insurance policies.

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

With a family income policy, rather than a lump sum of money, the death benefit is paid out in monthly increments as a portion of the total death benefit.

This helps keep term life premiums lower for young people than permanent policies, which eventually will have to pay a death benefit.

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.

And if you are in need of a larger death benefit initially than your budget allows, you can add a term life rider to your policy to enhance your initial death benefit.

If you don't have plans to save for final expenses in advance, and the financial burden caused by your death would hurt your family, a permanent life insurance policy might help you deal with those financial pressures to make sure that your passing isn't worse than it needs to be.

In addition, Sagicor's simplified issue whole life and universal life insurance policies have higher options for death benefits than you can find almost anywhere else.

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.

Homeowners» Insurance: Required for all mortgage loans, protects the home from damage and theft Owner's Title Insurance: Optional policy ensuring the title will not be subject to a claim of ownership, lien or other encumbrance Private Mortgage Insurance (PMI): Required by most lenders when the down payment is less than 20 % Federal Housing Administration (FHA) Mortgage Insurance Premium: Required on all FHA loans Mortgage Life Insurance: Optional policy that protects family and estate by paying off the loan in case of death Disability Insurance: Optional policy that guarantees loan payments will be made in case of disability

These policies are typically selected to secure a permanent death benefit rather than for cash value accumulation.

Since they're better able to assess your risk through the health questions, this policy's death benefit can be as high as $ 50,000 in value, though this is still significantly lower than what is available through alternate insurers.

These qualifiers don't actually change how the policy works, though death benefits will often be restricted to less than $ 100,000.