Sentences with phrase «reduced face amount»

If less than 100 % is paid, the life policy continues at the reduced face amount and premiums are adjusted accordingly.

The option of renewing coverage when your term ends (typically resulting in a higher premium and possibly a reduced face amount) 2

The impact of the premium increase at renewal can be partially alleviated by simultaneously reducing the face amount.

Most insurance companies allow you to reduce your face amount if you give them a notice.

You can withdraw any amount of at least $ 500, provided the withdrawal does not reduce the Face Amount to an amount below $ 50,000.

It's usually worth shopping around and sometimes paying a slightly higher premium for a policy that allows you to reduce the face amount of coverage, if desired, as well as to convert all or a part to a permanent policy through at least age 65.

You can also reduce the face amount of a loan or surrender a certain amount of cash value to avoid incurring tax liability from a policy's lapse.

Withdrawals — when you take a withdrawal from your policy, you will permanently reduce the face amount of your policy.

Keep in mind that some of the carriers will allow you to reduce your face amount if need be down the road which will in turn lower your premiums.

Keep in mind that if you ever have a financial problem with paying the premium, you can always contact the insurance company and reduce your face amount which will lower your premium vs. cancelling the policy.

«You may be able to reduce the face amount rather than dropping the policy outright,» Salka says.

When the premiums increase, you're allowed to reduce the face amount of the policy, allowing you to pay the original amount.

Coverage may continue after the level premium term but typically at higher premiums or with reduced face amounts.

If you contact your life insurance company and explain the situation they can help you lower your premiums by reducing your face amount otherwise known as your death benefit.

Loans allow the owner to access money without reducing the face amount of the policy.

A withdrawal will reduce your cash value and surrender value by the amount of gross withdrawal, and will also reduce the face amount of the contract (the amount paid to beneficiaries upon the insureds death) by the amount of the withdrawal as well.

(This loan will reduce the face amount payable to your beneficiary.

Also, loans and withdrawals reduce the face amount of the policy and increase the chance a policy may lapse.

You can also reduce the face amount of a loan or surrender a certain amount of cash value to avoid incurring tax liability from a policy's lapse.

Also, you can lower the term or reduce the face amount if necessary.

«If the loan is not paid back before death, the insurance company will reduce the face amount of the insurance policy when the claim is paid,» says Ted Bernstein, CEO, Life Insurance Concepts, Inc., a life insurance consulting and auditing firm in Boca Raton, Fla..

Each time you take a check for $ 2000 it reduces the face amount of the policy by that much, so if you were in a nursing home for four years you wouldn't have any life insurance, or LTC left.

If you forgot to tell us something, and your life insurance rate comes back at a rate higher than you wanted, we can still help you find something that will fit your budget by either adjusting the years of the insurance coverage or reducing the face amount.

Not exact matches

There is no doubt that the extra weight makes this razor glide effortlessly over the face, which reduces the amount of pressure you have to apply to get a close shave.

The patented system overcomes many of the challenges facing materials handling: it reduces the number of pallets and amount of shrink wrap needed, eliminates the need for corrugated materials and enables an attractive, durable and effective display of the product.

To complement... Every team would face each other two times a year (home / away), that would reduce the insane amount of games in a season, it would also make it easier to have a balanced schedule with no back - to - back games and I believe it would make it possible to have fixed game days (like Saturdays, Sundays, Tuesdays and Thursdays, and obviously if a team play on Saturday they wouldn't play on Sunday and the next weekend would be reversed).

One of the biggest challenges facing parents today is how — and how much — to reduce the amount of time their children spend on electronic devices such as cell phones, tablets, video games, TV, and computers.

Top tethers greatly reduce the amount of head movement a forward - facing child may experience in a crash.

The health secretary has warned restaurants they face being publicly named and shamed if they do not «step up» and reduce the amount of sugar in their food.

City officials are glad to know that 120 leaks in its water system have been identified and can be repaired, reducing the amount of water being lost as Newburgh continues to face its contamination crisis.

The sponsors want to reduce the number of people who face criminal prosecution over small amounts of the drug.

The UK is under pressure from the EU to reduce the amount of household waste or face substantial fines.

NIFA board member Chris Wright responded to the suit by citing board projections that Nassau already faces a $ 150 million deficit, counting borrowings: «The administration and the legislature should understand that reducing revenues in any amount... probably isn't a good idea.

These biodegradable particles could be the basis for reduced risk conventional pesticide products that have the potential to reduce the amount of chemicals used in plant protection by as much as 90 percent, save farmers more than 25 percent on pest - control initiatives and, in a world facing looming food shortages, help increase crop yields for more and better food.

Use makeup remover towelettes before washing face, reduces the amount of cleanser needed.

This spray helps reduce the amount of oil I have on my face while keeping my makeup in place.

Faced with the prospect of lean financial times, the West Chicago Elementary District 33 school board decided it would be prudent to reduce automatic annual pay increases and lengthen the amount of time it takes for teachers to reach the top of the pay scale.

Option to lower face amount to reduce the premium, which would be great should your life situation change

The payment of the accelerated death benefit reduces the stated face amount and stated cash value.

If you settle for less than the face value, that says something different entirely; not only could you not pay the original creditor, you had to negotiate to reduce the amount to pay the debt collector.

That's meant that few politicians have really taken action on the issues facing millennial grads or done anything to reduce the amount of student loan debt they graduate with.

By letting qualified borrowers into the program — borrowers with smaller loan amounts and lower monthly payments than they now face — we should be able to reduce foreclosure levels and thus the inventory of unsold homes which is holding down home prices.

Has the face amount been reduced by loans against the policy?

Amortization works much like depreciation, in that it reduces the discount amount over time, so that when the bond matures, the bond's carrying amount matches its par or face value.

Risk mitigation is the part of personal risk management where you do the things reasonably in your power to reduce the amount of risk that you face.

One problem Mr. Carney faces is that in the current global credit crunch, financial market interest rates are volatile so there's no assurance Canadian banks will pass along the full Bank of Canada rate cuts by reducing their prime lending rate by the same amount.

If there are any loans against the life policy, then these amounts will reduce the face value of the death benefit when the insured passes away.

Spaying & neutering prevents unwanted births which greatly reduces the amount of cats & dogs facing euthanasia in shelters.

I think the real question facing Single Player games going forward - particularly in the difficult economic climate of today - is how to reduce the cost of getting the game world into the hands of players, and increase the amount of high - profit - margin content we release post-launch into these stable, proven platforms.

The effect is measurable: for example, reduced runoff from snow melt has caused an annual 5 percent decrease in the amount of water entering the Colorado River, which experts say already faces the risk of significantly drying up.