Sentences with phrase «policy under this option»

Exactly when you can convert a term policy under this option depends upon the insurance company and the specific policy.

Not exact matches

Policy is no longer an option, at least under current conditions.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
stock ownership policy under which all executive officers are required to retain 50 % of their after - tax profit shares acquired upon exercise of options or vesting of stock awards for a period of one year following retirement, and all other employees are expected to retain that number of shares while employed by the Company.
Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
The research provides insight into the policy options under consideration in Ottawa and how federal officials are testing various ways that those ideas could be sold to the public.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and
The governor recalled his own work in Washington for under former President Bill Clinton and said he was up to date on all federal policy options — as a result, he felt that Trump needed to understand how those options affected the state.
Prof. Joost Pauwelyn, a law professor at Duke University subsequently published U.S. Federal Climate Policy and Competitiveness Concerns: The Limits and Options of International Trade Law, which holds out strong hope that border tax adjustments could pass muster under WTO and GATT (General Agreement on Tariffs & Trades) rules.
The main point being that under this new policy, an IVF clinic, sperm bank, etc. can confirm that donors received information regarding research as a dispositional option.
I worked hard to pick options under $ 300, from retailers like Nordstrom, Target + more because nothing is more important when gifting than shopping at places with great prices + a great return policy just in case you or the recipient wants to return it: p
In addition to it's fantastic custom programming before each screening, up - scale food and drink options, and not allowing children in under the age of six, Alamo Drafthouse has a strict no talking / no texting policy.
Our analysis focuses on new school options — traditional public, charter, and private — that families might gain access to under different kinds of choice policies.
In this report, we use nationwide data on the locations of public and private elementary schools to calculate the percent of American families that could potentially gain access to new school options under different national school choice policies.
In this report, we begin to fill this gap by using nationwide data on the locations of public and private elementary schools to calculate the percent of American families that could potentially gain access to new school options under different national school choice policies.
This California - centric volume contends that many middle - class families live under the illusion that their kids» schools are swell and that it's only poor families whose children are trapped in bad schools and therefore need charters, vouchers, open enrollment plans, and other policies and programs designed to afford them access to better options.
Publicly funded school choice has increased considerably in recent years, helped by a variety of initiatives, including public charter schools, transfer options for students under the No Child Left Behind Act (NCLB), inter-district enrollment programs, and a variety of policies to subsidize private - school tuition.
With respect to the third option listed above, it is a significant change from past policies to explicitly allow states and LEAs to use their own family income surveys for purposes of school ranking and allocations under Title I. However, a major reason why use of such surveys has not been specifically authorized in the past is that they were rarely available.
With some of the options allowed under USED's policy guidance for Title I school selection and allocations in LEAs with CEP and non-CEP schools, there is potential concern about a lack of comparability in the low - income student data used for CEP and non-CEP schools.
Section II explains the uses of data on students from low - income families in the allocation of Title I funds to states, LEAs, and individual schools within LEAs; the implications of CEP implementation for Title I allocation policies; and the options provided under USED policy guidance to support CEP implementation.
State and Local Implementation of the No Child Left Behind Act, Volume V — Implementation of the 1 Percent Rule and 2 Percent Interim Policy Options (2009) presents findings about the implementation of regulations and guidelines issued under the No Child Left Behind Act that provide flexibility for the treatment of certain students with disabilities in state assessment and accountability systems.
Furthermore, our gap estimates only compare the number of seats available with the number needed under different policy options — not whether the associated programs match with individual families» needs and preferences.
(Kan.) School administrators would have the option of banning less healthy snacks from fundraising events next year under a proposed wellness policy being considered by the state board of education.
Under universal life insurance option B, the policy proceeds increase over time and are equal to the cash value plus the death benefit.
Choose your own coverage period as there are multiple Policy Term options available under the product.
This means that, if you decide to leave the company, you'll be offered the option of converting your coverage to an individual policy under the same terms.
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're looking for a more affordable short - term option, a few insurance companies we work with will offer a 10 - year term policy for ages 75 and under or a 5 - year term policy for ages 80 and under.
There are two types of coverage options under a typical renters policy: Actual Cash Value coverage and Replacement Cost coverage.
Commutation Right: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance policy.
This term also refers to the settlement of a life insurance policy under the contract's annuity options.
Under either option, a higher death benefit may apply if the value in the Policy Account reaches a certain level relative to the Face Amount.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
Universal life insurance structured under Option B is designed so that proceeds of the policy rise in value over time and equal the death benefit plus the cash value.
Damage to your land, such as landscaping or a sinkhole, are also are usually not covered but some policies include «engineering cost» options which these would fall under.
The policyholder under some policies can have the option at some point to switch his or her dividend option to reduce or pay premiums in full.
The insurance experts for Texas renters at Effective Coverage can help you to understand exactly what's covered under a particular policy form, and why a given underwriter is the best option for your policy.
Of course, one could also argue that the only reason either of the opposition leaders can even mull such policy options is because of the continuing strength of the Canadian economy under the current government.
«You have a limited set of options under these circumstances: Raise fees [for borrowers] or make policy changes,» Stevens said in an interview.
A child or young adult's coverage often falls under the parent's policy but in cases that it doesn't and they are a student, one option is student health insurance.
These investment options are intended to be sold to certain asset allocation portfolios and to separate accounts of Transamerica Life Insurance Company or Transamerica Financial Life Insurance Company to fund the benefits under certain individual flexible premium variable insurance policies.
Obviously, paying less tax on a settlement will make it more attractive under the new tax reform, but we expect the other elements mentioned to also encourage policy owners and their advisors to actively consider life settlement options.
The insurance provider should clearly spell out the details of your coverage, including any limitations or exclusions (what is not covered under the policy) and additional options that may be offered (for example, wellness care like annual exams, vaccinations, etc.).
Children policy Children under 5 are not permitted in upstairs suites but, options are available on Shaka's Suite or Beach Cottage.
This appears to be an ongoing policy debate — there are lots of options under consideration — but they are being discussed quite seriously.
But if one simply asserts nature is fragile and then implements environmental management or policy under that assumption, one could be closing the door on many options that might serve both humans and nature well.
But what I would like to do in the forthcoming series on decision making under climate uncertainty is to explore how we might approach reframing the strategy for identifying robust policy options for dealing with climate change in the context of the broader challenges to sustainability.
This paragraph...: «But what I would like to do in the forthcoming series on decision making under climate uncertainty is to explore how we might approach reframing the strategy for identifying robust policy options for dealing with climate change in the context of the broader challenges to sustainability.»
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