Sentences with phrase «policy unaffordable»

Most of these policies will double in cost every 5 years, making the policy unaffordable when you need the insurance the most.
Even after paying the $ 10k, his annual cost of coverage has gone up substantially, rendering the policy unaffordable.
However, changing circumstances over a lifetime can make a policy unaffordable or redundant.
In some cases, this reflected a rise in premium of over 100 percent within just a short period of time — making these policies unaffordable for individuals who had been paying in premiums for many years.

Not exact matches

Once excluded from home lending by discriminatory policies, Five Points, other neighborhoods now faced with being unaffordable, study shows
Because the price isn't guaranteed, there is the possibility that a long streak of poor market activity could raise your premium and make your policy become unaffordable.
The other problem is that for as long as he is in place you will be stuck with the policy that unaffordable spending should continue.
That often makes it unaffordable so requiring out - of - network benefits would help many consumers shopping on the exchange, provided they could afford policies with higher premiums.
Nothing he said today will change that, in fact his agenda would make it worse... after overseeing seven years of Albany's culture of corruption and unaffordable policies, it's sad the Governor can only talk about inspiring citizens with a feeling of «management competence.
Business groups say such policies are unaffordable and will see businesses close down.
«New York City needs new financial leadership to end the unsustainable tax - and - spend policies that are making the city unaffordable for many of our citizens and putting the Big Apple at risk of financial distress,» said Faulkner.
«New York City needs new financial leadership to end the unsustainable tax - and - spend policies that are making the city unaffordable for many of our citizens and putting the Big Apple at risk of financial distress,» Faulkner said.
Former leader Charles Kennedy rebelled against the leader's desire to scrap the unaffordable policy of scrapping tuition fees and Steve Webb MP rebelled against the suggestion that child benefit might be means - tested.
Although some use research and development processes to justify the high prices of medicines, there are numerous loopholes in policies that are leveraged to inhumanely raise medicine costs until they are unaffordable for the poor.
And to be sure, it's hard in a sound bite to explain how collective bargaining rights lead to irresponsible priorities, bad policy, and unaffordable spending.
Conservatives advocate to keep community college unaffordable There are a lot of troubling policies that hold sway in the North Carolina education world these days.
When reviewing our policies, research has shown that these loans can result in unaffordable payment and high default rates for users so we will be updating our policies globally to reflect that.»
Because the price isn't guaranteed, there is the possibility that a long streak of poor market activity could raise your premium and make your policy become unaffordable.
as «seriously unaffordable» (the report generally blames «urban containment» policies for affordability issues, and favours more development).
«When you are done with school, there are lots of reasons why student loan debt may seem unaffordable,» said Karen McCarthy, director of policy analysis for the National Association of Student Financial Aid Administrators.
If the premium payments become unaffordable and you stop paying them, your policy is likely to be cancelled.
Given that my dogs will certainly continue aging, their policy is quickly becoming unaffordable (my dogs are 4 and 5 years old, hardly geriatric dogs).
(Brown, 2012b, p57) These arguments have included that proposed policies would destroy jobs, reduce US GDP, damage specific industries such as the coal and petroleum industries, increase the cost of fuel, or simply that proposed climate policies and legislation are unaffordable.
Last month former treasurer Peter Costello said the Coalition should abandon policies such as paid parental leave and Direct Action because they were unaffordable.
Garnaut criticised the government's green paper, saying it «shoots the breeze» instead of outlining a serious policy, and said Direct Action would quickly cost an unaffordable $ 4bn to $ 5bn a year.
As water becomes unaffordable for many Americans (just how many is hard to determine), the collections policies of many of our water utilities continue to assume it's cheap.
They will have relief from premium payments on an unneeded or unaffordable life insurance policy.
If your policy has become unaffordable, ask the beneficiaries to take over the premium payments, says John Skar, an actuary who works with Daily.
The increasing premium costs became unaffordable and he thought his only option would be to let the policy lapse.
While it's true that the smokers pay a higher insurance premium because smoking is an unhealthy habit it doesn't necessarily mean the policy will be unaffordable.
A Whole Life policy lasts for a lifetime, while Term Life insurance ceases, or becomes ridiculously unaffordable, after the specific policy's term ends, leaving you with no coverage.
For older applicants or those not in terrific health; this process may not be a lot of fun and may result in a policy that is unaffordable or unattainable altogether.
Also companies like AARP / NY Life or Globe have their premiums increase on every 5th birthday (on the step - rate policy) eventually making the prices unaffordable for many seniors on a budget.
If you wait until you are much older or until you have contracted a serious illness, you will likely find that a good policy is unaffordable or unattainable.
Should this occur, you may find that your policy becomes unaffordable.
If the premium payments become unaffordable for you and you stop paying them, your policy is likely to be cancelled.
The truth is most Globe policy holders lose their coverage in their 80s because the payments become unaffordable.
Every term policy will annually renew every year at expiration (at unaffordable rates)-- that's not a benefit unique to Primerica.
Keep up with Premiums There can be many reasons for discontinuing a policy — from unaffordable premiums to changed circumstances.
A recent WSJ article highlighted a persistent problem that I have previously noted on this blog: universal life insurance policies that become unaffordable for insureds, lapse due to insufficient funds, and leave their estate planning in shreds.
But while universal life policies do have their place, and are useful for some investors (usually those with a high net worth), they come with the peril that their costs can increase exponentially over time making them unaffordable, or at least non-worthwhile investments.
Premiums for both term and permanent policies may be unaffordable.
One possible source of cash might be to explore the possibility of selling an unwanted or unaffordable life insurance policy lying around in a file cabinet for years.
These policies will become unaffordable to me in future years.
If you have a life insurance policy that you no longer need, or if the premiums have become unaffordable, contact us.
For most of his clients on a fixed income, he says, «these life insurance policies become unaffordable when they need it most.»
After the term is up, premiums skyrocket and the policy becomes unaffordable.
Here again, it's likely that the cost of buying a new policy is unaffordable or you may not qualify because of health issues.
Today, without a health insurance policy, good quality healthcare is unaffordable.
Many final expense policies offer a low introductory price but double your rates every 5 years, until your policy becomes unaffordable.
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