Sentences with phrase «rest of the insurance benefit»

The rest of the insurance benefit would go to the policyholders beneficiary.

Not exact matches

1) same gender couples being legally covered by their spouses benefits i.e. insurance coverage 2) them having to endure divorce proceedings like the rest of us?

They are then paid into the National Insurance Fund, a proportion of which is allocated to the National Health Service, with the rest funding contributory benefits.

Each time you make a premium payment, a portion is put towards the cost of insurance (such as administrative fees and covering the death benefit) and the rest becomes part of the cash value.

«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.

One of the main advantages of life insurance benefits is that they are usually paid to named beneficiaries quickly, usually within 60 days of a claim, and do not have to wait to go through probate court with the rest of your legacy assets.

Anyone who wants their life insurance premiums and death benefit guaranteed level for the rest of their lives.

While whole life insurance will last for the rest of your lifetime, the benefits are simply not practical for seniors who have lived into their 80s.

Part of this premium builds up the insurance benefit, while the rest is invested in the savings account.

Then you can spend the rest of your money as you like knowing that a certain amount will be passed along no matter how long you live when you pass away through the life insurance death benefit.

Disability, leading to unpaid medical bills, is one of the leading causes of bankruptcy in the U.S. With disability insurance, you can receive a monthly income benefit that will help you stay solvent in your business or at home, paying the rent or mortgage, as well as staying on top of the rest of your finances.

Whole or permanent life insurance is designed to last the rest of your life, and the benefit level can grow thanks to the interest rates that are applied.

However, the tax laws dictate that the death benefit from your life insurance policy gets added into the rest of your estate when calculating your estate's value and the amount of estate tax you owe.

However, accident insurance policies frequently have deductibles, or an amount of money you have to pay out of pocket for care before you receive the benefit to take care of the rest.

Each Medicare Supplement Insurance plan offers a slightly different combination of benefits than the rest.

If progress is shown and the total disability moves to a partial disability, Combined Insurance will still pay a percentage for the next three months or the rest of the maximum benefit period depending on which is shorter.

The benefit of a conversion option is if you are diagnosed with a health ailment that may keep you from getting life insurance you can always convert your policy and keep it the rest of your life.

In our example above, even if our 50 - year old who had a $ 100,000 policy took out $ 100,000 of long - term care benefits, he would still end up with a $ 10,000 paid up policy for the rest of his life for life insurance purposes.

Each time you make a premium payment, a portion is put towards the cost of insurance (such as administrative fees and covering the death benefit) and the rest becomes part of the cash value.

This top rated life insurance company offers a $ 25,000 permanent policy that builds cash value, has fixed premiums and death benefit and lasts the rest of your life for only $ 66.35.

Whole (permanent) life insurance provides a death benefit for the rest of your life and also accumulates a cash value.

Nonetheless, the bottom line remains: if Barbara doesn't need the cash value (in this case she doesn't, as it's inside an ILIT anyway), and can afford to continue paying the premiums, maintaining the life insurance death benefit as a «fixed income substitute» actually turns out to be a remarkably appealing fixed income investment to maintain for the rest of her life... even if the reality is that the return will only accrue to her beneficiaries and not herself.

When you pay premiums on a cash value life insurance policy, a portion of the premium goes toward the cash value and the rest goes to cover the cost of insurance (remember, you are paying for a death benefit).

If you add the waiver of premium benefit to your policy and you should become disabled for at least 6 months the life insurance company will pay your premiums for you for as long as you are disabled, even if it is for the rest of your life.

Long term disability insurance policies provide benefits that range from a few years to the rest of your life after a waiting period that ranges from several weeks to several months.

The purpose of the life insurance policy is simply to provide a death benefit to the individual's beneficiaries so that they can go on with the rest of their lives.

Additional benefit: Some child insurance plans also provide a guaranteed yearly income to your children for the rest of the premium paying period in case of early death of their parents.

There are additional benefits such as hotel room assistance or rental assistance that can be purchased along with the rest of your Driving Park renters insurance plan.

In the long run, your insurance policy will probably provide more of a benefit to your charity than making the maximum annual donations each year for the rest of your life.

Then, you'll be able to confidently explain the Florida renters insurance benefits you expect to receive to the rest of your Ponte Vedra Beach family.

Before all this, though, you need to decide if you want a life insurance benefit for the rest of your life, for a defined number of years, or some combination.

There are plenty of reasons to run the other way from life settlements, but let me just throw out the idea that perhaps this (life settlements) is an industry that has a dark side to it and it could very well unbalance the rest of the life insurance products to the point where life insurance will lose its» most valuable owner asset, the tax free status of the death benefit.

For example, permanent life insurance works great for some people because it provides coverage for the rest of your life ensuring that your loved ones will get a death benefit on your passing.

Fortunately, members of the National Association of REALTORS ® (NAR) can rest easier while also enjoying substantial discounts on home warranties, homeowners insurance, errors and omissions insurance, and other insurance protection offered through the REALTOR Benefits ® Program.