Sentences with phrase «receive insurance money»

In this case, the bank becomes the policy owner whereas the original policyholder continues to be the life assured on whose death the bank or the policy owner is entitled to receive the insurance money.
You won't have to worry about your policy going up in that case — but nor will you receive any insurance money to help fix your car or replace your possessions.
During this time it is important to receive insurance money FAST.
But they can't pay his $ 20,000 upfront fee, so Dottie is put up as «a retainer» until they receive the insurance money.
MacArthur also took flack for how he earned his millions in an ugly GOP primary to succeed retiring Rep. Jon Runyan, R - N.J. MacArthur's primary opponent, former Bogota Mayor Steve Lonegan, said insurance adjusters affiliated with MacArthur made families «jump through hoops» to receive insurance money after their homes and properties were destroyed from a natural disaster.
And while they received insurance money, the Neelys are still paying property taxes and utilities to keep the lights on to show the house.

Not exact matches

But for a business owner, your private insurance or an SBA loan will be your best chance at receiving money fast.
These parts include the funding for Medicaid expansion given to states, subsidies for people who receive their health insurance through the ACA marketplaces, and money for outreach to get Americans to sign up through the exchanges.
A life insurance policy's cash value is essentially the amount of money you would receive if you decided to give up the policy to the insurer, or surrender your coverage.
The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.
On Friday, Kendrick received a check for half of the insurance money he is due from Selene Finance.
If you want to take control of your own financial success, and receive training without having to spend money on marketing, insurance, inventory, or equipment, then consider The Commercial Capital Training Group your low - cost alternative to what franchise companies are offering.
In addition to all of the benefits that are given to a person with aCiTrades VIP Managed Account this level user will also get an optional corporate account feature, have interest added to the account balance, have insurance protection on the account, receive a 150 % cash back bonus if desired and have a personal debit card tied to the account for instant access to the money placed in it at any time.
One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.
Unless the amount of money you receive in dividends exceeds the amount you've paid in premiums, life insurance dividend payments are not taxable.
Once the money is received, your lender will set aside the funds in your escrow impound account until they are due to your local municipality or insurance provider.
I receive emails from women on a regular basis who have heard that I have had successful VBAC unassisted births and want some direction and advice because their insurance company won't cover the birth they want and they don't have money to pay out of pocket.
HELENA — As Sen. Max Baucus has taken the lead on health - reform legislation in the U.S. Senate, he's also become a leader in something else: Campaign money received from health - and insurance - industry interests.
The measure would offer individuals refundable tax credits to purchase health insurance and restructure the country's Medicaid program so that states receive a set amount of money from the federal government every year
The governor's executive budget had other proposals designed to garner revenue from the health insurance industry, including a 14 percent tax on the money companies received as a result of the recently passed Republican tax plan.
She got the fellowship, and as part of it, Gelhaus has been receiving a stipend as well as a small amount of money for travel, research supplies, and health insurance.
Using the publicly available data from the Federal Emergency Management Agency and private insurance companies on how much money was spent on storm recovery, the scientists were able to show the volume of tweets about Sandy in New Jersey and New York was associated with how much money people in the area received for damages.
Insurance claims are clear indicators that something drastic enough occurred to the vehicle that the policy holder is requesting to receive money from the insurer for the loss.
Iris hasn't had to work for years, since receiving sizable insurance money from her husband, who died in his sixties.
He or she will get paid in the amount of insurance coverage you purchased and will have two options to receive the money:
«Your insurance company has a range of expenses they expect to receive,» says Brian Allred, a Liberty Mutual agent in Ontario, Calif. «This is not free money; it's money that's available to help you survive in an emergency.»
A life insurance policy's cash value is essentially the amount of money you would receive if you decided to give up the policy to the insurer, or surrender your coverage.
For example, then, if you died from a heart attack or other medical issue, your family would receive little money in life insurance proceeds.
Once you have the three values, subtract your insurance deductible from your cars actual cash value since your deductible is money that you won't be receiving from your insurance company.
A) Both policyowners would need to pay extremely high premiums to make up for the money the life insurance company would lose in death benefit payouts, or B) the life insurance company would go bankrupt with both policyowners paying such low premiums and then no families would receive death benefits.
Annuity: Money is paid (usually to an insurance company) to someone who invests the money for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he / she reaches a certainMoney is paid (usually to an insurance company) to someone who invests the money for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he / she reaches a certainmoney for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he / she reaches a certainmoney to the annuitant (the one receiving the annuity) when he / she reaches a certain age.
If you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you die.
If after someone dies, you receive life insurance as the beneficiary, is the estate entitled to any of that money?
She's now trying to decide on a future investment strategy, both for the RRSP as well as the life insurance money she will soon receive.
Imagine receiving all your money - back that you have paid for your Life Insurance premiums over the years.
Surrender value is the amount that a person will receive from the insurance company if s / he decides to terminate a life insurance policy (with an investment component such as money back, endowment or ULIP) before its maturity date.
Like traditional life insurance, the death benefit of a second - to - die policy can ensure your beneficiaries receive a minimum amount of money, even if savings and other retirement income is spent during the lives of you and your spouse.
Throughout the financial crisis, USMI member companies never stopped paying claims, never received any bailout money from the Federal government, and continued to write new insurance.
Net income is the amount of money you receive after taxes and other deductions (health and life insurance, 401k contributions, etc.).
Below, we explain how to make a life insurance claim and explore the ways in which you can receive the money once you do.
What was great about NCCC is that it allowed me to work part - time, learn about many different types of non-profit jobs, receive a living stipend, paid room and board, paid food and health insurance expenses, money toward my student loans, and they even paid the loan interest that accrued while I was employed by them.
Our savings are now drained as well as money received from insurance — the town house was part of a condo and is being rebuilt.
Secondly, if your beneficiary is not disciplined financially, receiving a large amount as lump sum payment being the proceeds from your life insurance policy may encourage him to spend the whole money carelessly.
With money we received from our father's life insurance, we were able to pay for our first year of college with only the aid of one loan each valued at about $ 2,500.
The amount you will receive every month depends on a number of factors: your age, gender, state of residence, how much money you invest in the annuity and what different insurance companies are quoting for their particular annuity products.
From This is Your Life Insurance Co.'s, our annuity issuer, point of view those living longer and receiving more money will be offset by those living shorter lives and receiving less.
Most insurance companies and most pension plans are continually reinvesting money received from maturing obligations into new obligations and also investing new moneys into new obligations, the vast bulk of which will be performing loans held to maturity.
Note on minor children: They can not receive life insurance money directly.
If they do go ahead with a reverse mortgage and assuming she only use's the money she receives to pay off the original mortgage (she's very stable on her living expenses and between my father and I the insurance and taxes will be taken care of) would I be looking at a 208,000 loan when this is all said and done or something much higher?»
«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Actinsurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Actinsurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License ActInsurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License ActInsurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.
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