Sentences with phrase «received by a life insurance»

Claim settlement ratio is calculated on calculating the percentage of total number of claims settled from the total number of claims received by a life insurance company in a particular financial year.

One of the biggest reasons for this is because the proceeds that are received by life insurance policy beneficiaries can be used for any number of financial needs, such as the payoff of debt (including a home mortgage), as well as the payment of everyday living expenses.

Not exact matches

A typical retired couple today receives around 220,000 yen a month, and over 80 % of the population thinks state retirement benefits already are not enough to live on, according to a survey by Japan Institute of Life Insurances.

Generally, amounts you receive under a life insurance contract paid by reason of the death of the insured are not included in your gross income; such proceeds are received tax - free.

It may seem odd to pay taxes on coverage that you've already paid for, but this rule is meant to account for cases in which you receive a discounted rate by purchasing group life insurance.

However, life insurance proceeds received by C corporations could cause the corporation to be subject to the alternative minimum tax (AMT) or increase the corporation's AMT liability.

«Whether or not an insurance exchange is established by the federal or state government,» Charmaine Yoest, AUL Action president, said, «it receives taxpayer dollars, which should not be used to pay for abortions and life - ending drugs and devices.»

Finally, through private and public insurance, as well as by direct provision of services, those whose health, old age or youth prevent them from fully supporting themselves receive the help they need to live in dignity.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

A survey of 500 Iranian donors who received $ 1,200 and a year of medical insurance from the government found that their quality of life, as measured by factors like financial condition and psychological health, remained poor three to six months after the donation.

African - Americans with Medicaid as their primary insurance were less likely to receive a living kidney transplant (LKT) than patients with private insurance, according to a new study by researchers at Wake Forest Baptist Medical Center.

The difference between the cash and the surrender value is that if you surrender your policy (for example, if you choose to cancel and cash out the life insurance policy), you will receive the cash value that has accumulated less any applicable surrender charges; these charges are pre-determined by the life insurance company, and are stipulated in your policy contract.

@keshlam I was asking as an individual and meant to convey that by saying «you receive life insurance as the beneficiary.»

It may seem odd to pay taxes on coverage that you've already paid for, but this rule is meant to account for cases in which you receive a discounted rate by purchasing group life insurance.

The death benefit of an exempt life insurance policy is received tax - free by the beneficiaries.

If the person covered by the life insurance policy dies within that term, the beneficiary (in this case, their parent) will receive a death benefit.

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.

«I did, however, assume that she will continue receiving a rental income of $ 20,000 annually for the rest of her life, plus full CPP and OAS benefits starting at 65,» he says, before adding a note of caution: As a single mom, Gueutal should buy disability and critical illness insurance policies so her income is never interrupted by an illness or accident.

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.

Life insurance companies are harmed by low rates because they need high income from their investments to pay future obligations to policy holders and those receiving annuities.

Term Life Insurance By Jeff does not assume any responsibility for any information received or extracted from any links.

The amount of protection you'll receive from your policy — and even just if you can keep your policy in force — will be determined by your life insurance budget and your ability to pay your premiums.

If you receive an email from Life Insurance By Jeff it is because (1) you expressly shared your email address with us for the purpose of receiving information in the future (also known as «opt - in»), or (2) you have purchased from us or have a current relationship with us.

Here is information on what types of personal information we receive and collect when you use visit Term Life Insurance By Jeff, and how we safeguard your information.

Income received by foster parents is exempt, as is strike pay, income exempt by statute, certain war veterans» allowances and pensions, life insurance benefits, inheritances, lottery winnings and gains calculated as exempt on the sale of a principal residence.

For a participating policy, such as whole life insurance, the ability to be eligible for dividends when they are declared by the company and optional methods by which dividends can be received.

If you have term life insurance, you generally will receive nothing if you surrender the policy or let it lapse by not paying premiums.

The death benefit from a permanent life insurance policy received by the beneficiaries is generally income tax - free.

Beneficiary A beneficiary is the person (s) selected by the policy owner to receive the life insurance payments upon the death of the insured.

Any benefits received by the Museum from life insurance plans are not subject to estate taxes.

Protected health information is any information created or received by care providers, health plans, life insurance companies, public health authority, employer, educational institution or healthcare clearinghouse in any form including oral or electronic.

By definition, the paid up value of a life insurance policy is the value an owner receives from the insurer upon default or surrender or early termination of the policy before its maturity or the insured's death.

As examples, an heir is given money in a will by someone who has died; a person who is named to receive the moneys from a life insurance policy.

• The spouses» income and ownership of property • The spouses» present and future earnings • The spouses» education and training levels • The hinderance of one spouse's job - seeking ability by the other spouse (for example: domestic violence) • The children's residency • The maintenance - seeking spouse's ability to support self • The spouses» living conditions prior to marriage • The maintenance - seeking spouse's lack of income due to remaining home to raise the children instead of being gainfully employed • The children's extra expenses (for example: schooling, day care or medical expenses) • Providing care for disabled children, adult children, elderly parents or in - laws • The maintenance - seeking spouse's contributions to the marriage (for example: becoming a homemaker and not receiving a fixed income) • Either spouse's loss of assets due to a risky behavior • Loss of health insurance benefits due to the divorce (The maintenance - seeking spouse will need to obtain insurance.

By far most of the policemen we insure will receive preferred life insurance rates.

Also, even though the Baltimore Life Insurance Company is not an accredited business through the Better Business Bureau (the BBB), this insurer has received a grade by the BBB of A +.

Submit your anonymous question and receive a detailed response within 3 business days by one of our life insurance experts.

When handled in this manner, those who stand to inherit can alleviate one of the biggest burdens to receiving estate property by having the taxes paid through the life insurance policy.

Your life insurance coverage is not in effect until your application is approved, and any outstanding policy requirements and your first premium payment have been received by us.

The death benefit proceeds, as with other life insurance policies, are received by the company on a tax - free basis.

Because life insurance policies are paid with after - tax dollars, the life insurance proceeds are not taxable when received by beneficiaries of business owners or employees.

Guardian Life Insurance has received great ratings by four of the most reliable rating agencies:

There are many methods that one may do so, in the event you'd like to get better rates out of your life insurance company, however among the top methods would be to enhance your quality of life by means of an eating plan and receiving regular exercise.

Just like with other types of life insurance coverage, the death benefit proceeds that are received by the named beneficiary are not subject to income tax.

One of the biggest reasons for this is because the proceeds that are received from life insurance may be used by loved ones and survivors for any number of financial needs.

A traffic violation will undoubtedly negatively affect your driving record, but it doesn't mean that you will be blacklisted by insurance companies for your entire life just for a speeding ticket you received when you were sixteen.

He further added, «Our earlier digital campaigns, used humor to communicate the subject of life insurance have been received well by our audiences.

By answering questions about family debt, college - bound children, inheritance plans and other financial obligations, you'll receive an analysis of whether you need term life or permanent life insurance (or both), and the amount of coverage you should buy.

So, for example, in the United States and elsewhere, often all employees of an employer receiving health or life insurance coverage pay the same premium amount for the same coverage regardless of their age or other factors, even though the total group premium will be calculated by reference to the actual (or estimated) age distribution etc. of the group.

For Example: A stunt pilot who knows they will receive a better individual life insurance rate by lying to the life insurance company about his occupation and omits this information from the application.