Not exact matches
Because his term policy is still inforce, his wife, who is his beneficiary,
receives $ 250,000 which not only helps replace his lost Social Security benefits, but also covers
funeral expenses, medical bills, the remainder of their mortgage loan, and allows her to contribute money to their grandchildren's trust for college tuition.
Whether you are the sole breadwinner, one half of a joint - income couple, or a stay - at - home - parent, a term life insurance death benefit (the funds that your beneficiaries will
receive upon your passing) can do much more than add a temporary boost to family finances and pay for
funeral and burial
expenses.
You may be eligible to
receive compensation for medical
expenses, property loss,
funeral expenses, and other damages.
Close relatives of someone who was killed in an accident with a semi-truck may also be entitled to recover for their loved one's
funeral expenses and
receive other compensation.
In addition, family members or heirs can file wrongful death claims to
receive compensation for medical and
funeral expenses, lost future income and emotional suffering.
Certain relatives of someone who lost his or her life in an accident with a semi-truck may also be entitled to recover
funeral expenses and
receive additional financial compensation.
Negotiating with insurance companies to ensure victims and families
receive the money they need for medical bills, lost income, long - term care at home or in an assisted living facility, pain and suffering, rehabilitation costs and
funeral expenses;
Under North Carolina Law, if an employee dies as a result of a work - related accident or injury, or dies as a result of an occupational disease, his or her family may be eligible to
receive up to 500 weeks of benefits, up to $ 10,000 in
funeral expenses, and reimbursement for medical
expenses incurred prior to death.
In California, an employee's family is entitled to
receive two distinct types of compensation:
funeral expenses and death benefits.
Damages may include reasonable amounts for
funeral and burial
expenses, any medical
expenses that were incurred before the loved one succumbed to his or her injuries, the person's lost future income, loss of consortium, any pain and suffering the person may have
received, lost rights of inheritance and others.
If your attorney is successful in establishing liability, the estate will be entitled to
receive reimbursement for any medical
expenses incurred after the accident, as well as
funeral and burial
expenses.
The maximum amount surviving families may
receive in workers» comp death benefits in Florida, including compensation,
funeral costs and educational
expenses, is $ 150,000.
Our personal injury lawyers often take over the insurance portion for families, so that in a timely manner they
receive compensation for things such as
funeral expenses and to cover other
expenses related to losing a loved one.
You may be able to
receive compensation for medical care, loss of wages,
funeral expenses, and beneficiaries who experience mental and emotional pain and anguish.
Therefore, all of the funds that are
received are available for use by the beneficiary for paying
funeral costs and other related
expenses.
This is because the proceeds that are
received from life insurance coverage can be used for any number of different needs — from paying off large debts, paying for the insured's
funeral and other final
expenses, and / or for the payment of ongoing living
expenses.
• No changes have been made to death and
funeral benefits but the option to increase the benefit so that souses
receive $ 50,000, and each dependant can
receive $ 20,000 and up to $ 8,000 for
funeral expenses.
This insurance is well suited for protecting goals such as paying off a loan and / or covering
funeral expenses and provides customers with the opportunity to apply for coverage,
receive an underwriting decision, and if approved — purchase the policy on the same day at an agent's office.
Some people choose to
receive their life insurance payout all at once to help them pay for
funeral costs, medical bills and other
expenses that occur as a result of the insured person's death.
Since final
expense policies are purchased to pay for
funeral and other final
expenses, it's important the funds are
received rather quickly.
That is because life insurance proceeds, which are
received free of income taxation, can be used for the payoff of debt, the payment of ongoing living
expenses, and / or for paying the insured's
funeral and other financial
expenses.
For example, the funds that are
received by a beneficiary from life insurance can be used for paying off large debt such as a mortgage or credit card bills, the payment of
funeral and other final
expenses, and / or for the payment of ongoing living
expenses by survivors.
This is because the proceeds that are
received from a life insurance policy may be used for paying off debt — including the insured's
funeral and other final
expenses — as well as for ensuring that ongoing living
expenses can be paid.
Because his term policy is still inforce, his wife, who is his beneficiary,
receives $ 250,000 which not only helps replace his lost Social Security benefits, but also covers
funeral expenses, medical bills, the remainder of their mortgage loan, and allows her to contribute money to their grandchildren's trust for college tuition.
Because the surviving spouse does not
receive the death benefit, survivorship protection is primarily used for estate planning and intended to help heirs pay estate taxes or cover final
expenses, such as
funeral, burial and medical costs.
When they
receive the payment, it can be used to cover the cost of
funeral expenses, unpaid loans or debts such as credit cards or medical bills and any other related costs.
I didn't
receive a penny from the house sale or the Estate — in fact, I had to spend my own money to pay for the
funeral, bond, and other
expenses!