Sentences with phrase «premium as your insurance company»

If you decide at some point in the future that you need to take out a new policy, you may have to pay a much higher premium as insurance companies base their rates in large part on your age on the date of issue.

Not exact matches

Several prominent insurance companies have cited uncertainty as one rationale for their premium hikes this year.
The Graham - Cassidy bill would not erase the protections under the Affordable Care Act, the healthcare law also known as Obamacare, preventing insurance companies from outright denying coverage to those with preexisting conditions, but it could allow for more expensive premiums.
As a fast - growing company, Bunn Coffee's health - insurance premiums had been rising by 40 % to 60 % annually in recent years, prompting Shindler and Trapani to consider scrapping the coverage entirely.
Prior to joining TD Ameritrade, Sadowsky served as Vice President, Finance in the corporate offices at The BISYS Group, Inc., which provided business process outsourcing to bank, insurance, and investment companies, and later joined Columbus Circle Capital, where he specialized in annuity arbitrage and life insurance premium financing.
As well, Flaherty cut in half an Employment Insurance premium hike scheduled for Jan. 1, a move that will cost Ottawa $ 600 million a year, but will leave that cash in the pockets of workers and companies — a shift from deficit - shrinking austerity to stimulus.
And insurance companies, very smartly, they raised their premiums as a result.
Insurance companies take money — premiums, the insurance version of revenue — as payment for insuring things like businesses, equipment, health, liInsurance companies take money — premiums, the insurance version of revenue — as payment for insuring things like businesses, equipment, health, liinsurance version of revenue — as payment for insuring things like businesses, equipment, health, life, etc..
Some finance companies even offer no - interest auto loans but think of factors such as higher auto insurance premiums, high repair bills, and depreciation.
Well as heard in the news that those arriving to the west are being well trained on sophisticated equipment's and combat training and then sent back to Somalia to fight as opposition to prolong suffering for the area and others sent to lead pirate operations in the area and that is all done to give an excuse for the western Navy to be present in the area as well as to cause the raise of the insurance premium against the ships passing the area raising therefore the costs of commodities as well as an opportunity for private security companies to flourish guarding the passing ships?
The problem, as Krauthammer and Rahe point out, is that the premiums of the insurance company will still be paid by the Catholic institution.
The status of having millions uninsured, why the insurance companies could charge as much in premium as they choose was more beneficial for their base.
The requirement would fundamentally alter New York's exchange, which is among the most successful of the state run marketplaces, and could cripple newly formed insurance companies, drive doctors out of networks and increase premiums on the state's exchange by as much as 30 percent.
years; exempts vehicles owned by firefighter first responders used in the performance of duty from motor vehicle registration fees and vehicle use taxes; authorizes local volunteer fire companies and ambulance companies to offset the cost of health insurance for their volunteers through the use of funds collected from a 2 percent fire insurance premium tax from out - of - state insurers; allows fire companies to select up to three candidates to participate in the state's college tuition assistance program, known as Volunteer Recruitment Service Scholarships; and directs the state Higher Education Services Corp. to create a volunteer recruitment service college loan forgiveness program.
I wouldn't advise doing so even if it does fit - insurance companies tend to take a dim view of it, as it marks you out as what they would consider a «boy racer», so they'll whack your premium right up - and if you're going to be paying Type - R premiums, you might as well get a real Type - R!
Having your sole proprietorship or individually owned company pay your life insurance premiums so as to deduct these expenses from your business» taxable income would be just such an attempt and is therefore not legal.
If you are the majority owner of the company and the firm provides life insurance for a group of employees, as opposed to only you the boss, the premiums may be deductible depending on the specifics of the situation; you should consult a tax specialist before making a final determination on how to account for these premiums for tax purposes.
As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiumAs you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiumas you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.
You (the annuity owner) make a lump - sum payment or a series of premium payments to an annuity issuer (the insurance company), which will accumulate earnings at a fixed interest rate (a fixed annuity) or a variable rate determined by the growth (or losses) in investment options known as subaccounts (a variable annuity).
Guaranteed renewable to age 65 simply means, as long as you pay your insurance premiums, the insurance company can not cancel your policy until the policy expiration date.
The premium could be paid to the life insurance company as a lump sum, an annual or semi-annual payment, or monthly amount, for example.
Compare premiums from several companies based on the amount of insurance offered as well as the potential dividends.
Life insurance company underwriters - experts who predict risks of injury, illness and death - look at your age, health, occupation, hobbies and habits, as well as your credit report, in setting your premiums.
Life insurance companies vary considerably, as do the policies they offer, the rating systems used, and the premiums they charge.
As pointed out in KeithB's comment, you can not deduct any health insurance premium (or other medical expense) that was paid for out of pre-tax dollars, nor indeed can you deduct any medical expense to the extent that it was paid for by the insurance company directly to hospital or doctor (or reimbursed to you) for a covered expense; e.g. if the insurance company reimbursed you $ 72 for a claim for a doctor's visit for which you paid $ 100 to the doctor, only $ 28 goes on Schedule A to be added to the amount that you will be comparing to the 7.5 % of AGI threshold, and the $ 72 is not income to you that needs to be reported on Form 1040.
According to the Texas Department of Insurance and the Office of Public Insurance Counsel, some companies may use your credit history as a factor when calculating your insuranceInsurance and the Office of Public Insurance Counsel, some companies may use your credit history as a factor when calculating your insuranceInsurance Counsel, some companies may use your credit history as a factor when calculating your insuranceinsurance premium.
Profits earned by a mutual insurance company must be either kept within the company or distributed to policyholders as dividend distributions or reductions to future premiums.
In recent years, premiums spiked as low interest rates hampered insurance companies» investment returns.
Also, the policy can not be cancelled by the insurance company as long as the premium continues to be paid.
Lifetime limits are now illegal and as of 2014, it will likely be illegal for insurance companies to deny coverage or charge exorbitant premiums to people living with pre-existing conditions.
The insurance company will use the increased premium as insurance against an early term lapse in a policy.
On the other hand, if your credit score is bad, you may not get cheap home insurance premium as most companies will believe that you may find it difficult maintaining or repairing your home.
In addition to remaining in effect as long as you pay your monthly premiums and keep any other obligations per your contract with the insurance company, these type of policies also accrue «cash value».
If you are older, it's a good time to shop (for the best premiums): Among insurance companies, the discrepancies in the amount you pay as a premium are much larger for seniors than for younger applicants.
As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)
As a participant, the policy holder in a mutual life insurance company receives «dividends» on the cash value which is not income but rather a return of premiums.
As with any property and casualty insurance company, at Fairfax there is a portfolio of capital to be invested which comes mostly from the float provided by insurance premiums.
In exchange for a premium paid today, an insurance company will provide a guaranteed lifetime paycheck that continues for as long as you're alive.
Depending on your insurance company, coverage on your old home will generally remain in effect until the sale of the property is complete, as long as your premiums are paid.
As with any type of insurance, the greater the risk factor for the insurance company, the higher your premium will be.
Reserve: The amount of money an insurance company holds which, with future premiums and an assumed rate of interest, will pay all contractual obligations as they become due.
Insurance companies use credit scores as part of their risk profiling, so you get a higher premium when you pick up vehicle or home iInsurance companies use credit scores as part of their risk profiling, so you get a higher premium when you pick up vehicle or home insuranceinsurance.
Some insurance companies use attained age as a method of calculating insurance premiums.
You need to inquire with your insurance company about whether or not they use your credit score as a factor in determining your premium.
Essentially, your premium is waived, as the life insurance company pays your tab.
Many auto insurance companies have various milestones which result in significant insurance premium reductions such as hitting a certain age or getting married.
Even though you must put enough money into the bucket to keep the policy in - force (otherwise it will lapse), there is complete discretion as to when premium payments will be made — annually, semiannually, quarterly, or monthly — and in what amounts — depending on how often payments are made and whether you have the option (as with some policies) to choose your payment amount based on a range provided by the insurance company.
Your renters insurance company doesn't just take in premiums and pay them out as claims.
As with other types of life insurance, you pay regular premiums to your insurance company, in exchange for which the insurance company will pay a specific benefit to your beneficiaries upon your death.
The costs of all this aging infrastructure is initially felt by insurance companies and, as a result, Canadians have watched their home insurance premiums rise — sometimes quite dramatically — in the last few years.
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