Sentences with phrase «providing financial cushion»

The purpose of a term insurance policy is not providing financial cushion to you but to protect financial future of your family if you're not around.

In addition to life insurance proceeds providing a financial cushion to loved ones who are left behind, there are also a number of advantageous tax benefits that go along with owning certain types of life insurance plans.

This means choosing a level that covers funeral expenses, outstanding debt, and providing a financial cushion or legacy.

Setting up a line of credit with a reverse mortgage gives peace of mind to seniors by providing a financial cushion for unexpected expenses.

Generally speaking, though, you should cancel your policy immediately if your spouse — for whom the policy was intended to provide a financial cushion — dies before you, he said.

It might seem counter-intuitive to focus on saving money instead of paying off debt, but having a $ 1,000 emergency fund in place first provides a financial cushion so that unplanned expenses, such as medical bills and home repairs, don't completely derail your debt - repayment plan.

They generally are intended to pay final expenses and perhaps provide a financial cushion as the family adjusts to the loss of income, but won't be sufficient to meet such expenses as funding higher education or paying off a mortgage.

With regard to permanent life insurance with a guaranteed insurability option, this feature, in addition to the customary death benefit, may provide a financial cushion for children well into their adult years.

It can provide a financial cushion to help cover many things like medical bills, funeral costs, credit card debt and other bills that are left behind.

Beyond immediate and obvious expenses, you can also provide a financial cushion for your dependents, whether it's money so your spouse doesn't have to worry about work and can focus on the kids, or you want to make sure the retirement fund is filled when you're not around to make contributions to it any longer.

They're meant to provide a financial cushion to your family, in the event of your death, while they're dependent on your income.

This rider provides a financial cushion for the family if and when the need for Long Term Care arrives.

They provide a financial cushion if someone dies or is seriously injured in an accident that occurs at the home.

It does so because the funds that are received from life insurance can provide a financial cushion — in some cases, a fairly sizeable one — so that beneficiaries can carry on financially.

With a protection plan, a small sum annually provides a financial cushion with a big sum assured in the event of the death of the policyholder (example based totally on a policyholder aged 25 years).

Our mission is to educate, guide, and connect with senior homeowners who seek a safe, reliable way to access some of the wealth stored in their home to improve cash flow and provide a financial cushion.

Not exact matches

A teacher pension fund reserve, he said, would provide districts with greater predictability in their budgeting, because it would give them a financial cushion in years when pension costs rise.

With an aggressive marketing strategy and the financial cushion provided by rainmakers like Tripathi's Shiva trilogy, it managed to get on board bestselling author Anuja Chauhan last year, who parted ways with HarperCollins India after eight years and three books.

Our value proposition is also based on the reinvestment of high income which compounds rapidly in all economic and financial market environments providing a strong cushion in the portfolio.

These institutions, as well as certain regulated banks, had also assumed significant debt burdens while providing the loans described above and did not have a financial cushion sufficient to absorb large loan defaults or MBS losses.

Having a cushion of savings protects against unforeseen expenses and can provide financial security during times of economic difficulties.

«This will provide a good financial cushion.»

It is the most fundamental type of savings that you can have, because it is there to provide a cushion against sudden and unexpected financial issues.

This can provide you with a financial cushion if that first job doesn't work out.

This provides you with a cushion in the event of a financial emergency.

Whichever way you decide to go, you want to settle on a mix of stocks and bonds that can give you the long - term growth you need to build a decent retirement nest egg and provide true financial security, yet provide enough cushion from short - term market downturns so that you don't panic and sell when stock prices head south.

In other cases, growth of some investments might provide opportunities to build a larger financial cushion by transferring gains to products that help protect a portion of a portfolio, such as annuities.

If the court decides that the answer is «no», then Alice Kramer may be afforded the financial cushion that life insurance was initially intended to provide to those who lose a loved one.

Cushion yourself against financial pressure with funeral insurance from Hollard that protects you and your loved ones with a lump sum paid within 48 hours - provided we've received all the required documents and your claim is valid.

The death benefit should be so high as to cover living expenses such as a mortgage, your kids» college tuition, and provide a favorable financial cushion, and you can get all that covered for the cost of about six lattes a month.

Term life insurance plans, whether they are popular or not, are a very important part of our financial planning process because they provide aid during those rainy days where the family needs a financial cushion to soften the blow of the death of the bread - winner.

Larger policies can provide a temporary financial cushion to help your family with the sudden loss of income where need, also.

Affordable burial insurance provides more than just a financial cushion for funeral expenses as it creates a path towards proper personal estate planning.

It is available in two variants Wealth Plus and Wealth Plus Care, which provides the cushion of security and growth to meet future financial goals.

If that person were to suddenly be gone due to an unexpected death, the life insurance policy could provide the company with added financial «cushion» if the customer opts to take his or her business elsewhere.

Doing so can help to provide a financial «cushion» for your loved ones, just in case.

Presenting Bajaj Allianz Life Future Wealth Gain, a unit linked insurance plan (ULIP) which provides the cushion of security and growth to meet future financial goals».

Short - term disability insurance provides a welcome financial cushion, a safety net, in the event of an employee's short - term disability.

To help you take a decision, Bajaj Allianz Life Insurance has launched Future Wealth Gain which will provide you the cushion of growth and protection to meet future financial goals.

HDFC Life ClassicAssure Plus is a participatory saving cum insurance plan that provides guaranteed benefits along with the growth of your money.The plan helps in meeting long term financial goals as well as creating a financial cushion to secure the happiness of your loved ones.

Buying a critical illness plan provides a cushion against financial burden that arises due to treatment of critical illness.

This is ideal for those who want to provide a requisite financial cushion to their family / beneficiaries against the adversities in life due to a premature death of the life assured during the policy term.

If an economic correction or even a minor recession comes along, that equity provides a nice financial cushion.

She hopes that the rental income from the investment will provide her with a financial cushion when she stops working.