In Level cover, death sum assured remains constant and
it reduces over the policy term in reducing cover.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or
reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable
terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control
over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government
policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In fact, the minutes note that «some participants viewed the actual and expected progress toward the [Fed's] goals as sufficient to call for a relatively prompt move toward
reducing policy accommodation to avoid overshooting the [Fed's] unemployment and inflation objectives
over the medium
term.»
At the same time, Congress and the White House should take steps that
reduce the short -
term and long -
term uncertainty
over fiscal
policy.
«Speed reductions, which are known to
reduce emissions, would need to be maintained
over a very long -
term period in order to produce regional air quality benefits,» said James Corbett, a professor of marine
policy at the University of Delaware, who has studied the impact of the shipping industry on human health.
Finally, the presence of vigorous climate variability presents significant challenges to near -
term climate prediction (25, 26), leaving open the possibility of steady or even declining global mean surface temperatures
over the next several decades that could present a significant empirical obstacle to the implementation of
policies directed at
reducing greenhouse gas emissions (27).
Tubman co-authored a recent C2ES report called «Leveraging Natural Gas to
Reduce Greenhouse Gas Emissions,» which recognized natural gas as a short -
term climate solution but called for more aggressive
policies and investments to promote zero - carbon sources like renewables
over the long haul.
For
policy - makers, the speed of climate change
over the coming decades matters as much as the total long -
term change, since this rate of change will determine whether human societies and natural ecosystems will be able to adapt fast enough to survive.New results indicate a warming rate of about 2.5 C per century
over the coming decades (assuming no attempt is made to
reduce GHG emissions).
The report also says that most of the benefits of climate mitigation
policies in the short
term will come in the form of public health co-benefits from
reduced air pollution, suggesting that climate advocacy will be well served to move away from debates
over climate science and apocalyptic doomsaying, instead focusing on the multiple benefits in the near
term of moving toward cleaner energy sources.
«Finally, the presence of vigorous climate variability presents significant challenges to near -
term climate prediction (25, 26), leaving open the possibility of steady or even declining global mean surface temperatures
over the next several decades that could present a significant empirical obstacle to the implemen - tation of
policies directed at
reducing greenhouse gas emissions (27).
This Massachusetts bright - line rule will likely
reduce litigation
over whether the duty to defend includes the duty to prosecute a counterclaim, and an insured in Massachusetts now knows that, if it wants its insurer to prosecute and fund the prosecution of a counterclaim, it should probably negotiate for that specific
term in its
policy.
The cost of insurance for the renewable
term element inside a universal life insurance
policy can be high in later years, but some companies
reduce the cost of insurance by paying the death benefit to beneficiaries
over an extended period of 30 years.
With a decreasing
term life insurance
policy, your premium usually will remain the same during the
term, but the death benefit is
reduced over time.
Alternatively, you can purchase a short - level
term policy — say, one to five years — for a lower premium, and then gradually
reduce your
term coverage
over time to manage costs, while your mortgage balance declines.
Over time, Fred has substantially paid down the mortgage and
reduced all other debt to a negligible amount, and decides to convert his
term policy to a Universal Life
policy at a much lower death benefit.
Reducing term life insurance was at one time predominantly used for mortgage insurance, but as level
term life insurance premiums decreased
over the years, it has become the
policy of choice for mortgage insurance.
It is similar to life insurance but differs due to the sum that is insured
reduces over the
term of the
policy to track your
reducing outstanding mortgage sum.
It's a cost that you really can do without and can
reduce by switching
over to a
term insurance
policy.
o Option C - Loan Protection: Under this payout option, the sum assured
reduces every year
over a
policy term.
Given the rate at which
term rates have
reduced over the past few years, I think you may find it cost - effective to purchase a new
policy for the total cover you need.
Under this option, the Sum Assured (SA)
reduces uniformly
over the
Policy Term and the applicable Sum Assured as on the year of unfortunate death is paid to the nominee.
Until a few years ago, many people purchased mortgage insurance, which is usually a
reducing term policy, which means the amount of coverage decreases with your mortgage
over the length of the mortgage (typically 30 years).
Over its 11 - year
term, it made changes to native title and land rights
policies to «normalise» Indigenous peoples» interests in the land, and in doing so,
reduced the recognition of Indigenous peoples» human rights.