Sentences with phrase «rights in a life insurance policy»

Similar to an assignment, certain rights in a life insurance policy can be assigned to a third party, typically as security for a loan or other transaction.
His opinion placed the ownership rights in a life insurance policy on the same legal footing as more traditional investment property, such as stocks and bonds.

Not exact matches

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
If you are interested in getting life insurance to cover your mortgage, whether mortgage life insurance is the right policy for you depends primarily on your health.
If you are interested in getting life insurance to cover your mortgage, whether mortgage life insurance is the right policy for you depends primarily on your health.
Contact a member agent in the Trusted Choice ® network to get the information you need to evaluate your options and find the right life insurance policy for your family's needs.
You spend countless hours researching the best life insurance companies, narrowing down your select few and the right policy, only to have all your careful planning go up in smoke due to a failure to properly designate your beneficiary or failing to update your policy.The following article will address the various concerns with naming different life insurance beneficiaries that you need to be aware of to avoid sabotaging your legacy.
If you don't already have a life insurance policy in place, you can always take a minute to run a free, no obligation term life quote right here.
If you are looking for a new life insurance policy and want a reliable, knowledgeable professional to help you make the right choice, contact an independent agent in the Trusted Choice ® network who specializes in life insurance.
When purchasing life insurance coverage, it is important to determine what type of policy — as well as how much in death benefit (face amount)-- will be right for you and your survivors.
When seeking out the best life insurance policies and companies it is important that you get familiar with the various companies available in order to find the right fit for you.
In many cases, the right choice is to buy a term life insurance policy.
Of course, there are many different variables that are involved in selecting the right type of business life insurance policy.
Commutation Right: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance poRight: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance poright of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance policy.
Through a nationwide association of life insurance agents, PolicyZip can help you find the exact policy that's right for you, whether you are in perfect health, or you are facing challenging health conditions.
Many universal life insurance policy's investment options crashed by 30 - 40 % in 2008 - 2009 right alongside the rest of the markets.
Provisions in your life insurance policy also stipulate the rights and obligations of both the insurer (insurance...
In most states, minors do not have the right to contract, and so can not own stocks, bonds, mutual funds, annuities and life insurance policies.
The guaranteed renewal clause is a provision in your term life insurance policy that guarantees you will have the right to renew your policy when the term expires.
In addition to policy design, choosing the right life insurance company for infinite banking is an important decision.
To make an informed decision on the right policy for you, find a local independent agent in the Trusted Choice ® network who specializes in life insurance.
An independent agent in the Trusted Choice ® network can help you learn everything you need to know to choose the right life insurance policy.
Your best approach is to work with an independent agent in the Trusted Choice network who can do the comparison shopping for you and help you buy the right permanent life insurance policy for your needs at the best rates.
For example, the law that vehicles should be driven on the right side of the road, the speed limits in various areas generally 15 — 65 mph depending, requirements of insurance, requiring testing and licences, making drunk driving illegal, etc. (George Will had written an article a few years ago comparing possible AGW policy to a global 5 mph speed limit; sure there would be fewer traffic accidents but would the cost be too great (what about lives, health and wellbeing, and wealth benifits from higher - speed transport?)
This evolved after many decades of litigation, in the late 1800s and early 1900s, between survivors of people who died and life insurance companies who sought the right to refuse to pay for any inaccuracy in the information provided to underwrite the policy (even if unrelated to the actual cause of death) due to fraud, and for suicide on the theory that it was a premeditated way to cheat the company.
In particular, the question was where a support payor owns a life insurance policy and is required to name the support recipient as irrevocable beneficiary of the policy, what rights does the support recipient have to the policy proceeds in the face of a competing claim of another dependant of the deceased payor brought under the Succession Law Reform Act («SLRA»In particular, the question was where a support payor owns a life insurance policy and is required to name the support recipient as irrevocable beneficiary of the policy, what rights does the support recipient have to the policy proceeds in the face of a competing claim of another dependant of the deceased payor brought under the Succession Law Reform Act («SLRA»in the face of a competing claim of another dependant of the deceased payor brought under the Succession Law Reform Act («SLRA»).
If you want to know what low cost life insurance policies are available in Texas, then you've come to the right place.
If you're interested in leveraging our MS life insurance underwriting expertise, please give us a call or complete the form on the right so that we may assist you in determining which insurance company will offer the most affordable policy available to you.
In order to be able to truly tell if Sun Life Financial — or any other life insurance company — has the right type of life insurance policy for you, we need to know things such as yLife Financial — or any other life insurance company — has the right type of life insurance policy for you, we need to know things such as ylife insurance company — has the right type of life insurance policy for you, we need to know things such as ylife insurance policy for you, we need to know things such as your:
The insurance company can also assist you in understanding the policy benefits, finding the right coverage, filling out the application, understanding policy options and provide continuing support and assistance on your life insurance policy.
You might want to check with an attorney who can explain to you how California law works regarding creditor rights to the cash value in an indexed universal life insurance policy.
The task faced by senior parents over 60 in finding the right life insurance policy is choosing one that balances their needs while remaining affordable.
But in the right circumstance, a second - to - die life insurance policy may be exactly what you need.
The key to finding the right company and type of policy is by establishing your goals with an agent that can guide you in the right direction with your no medical exam life insurance coverage.
In any case, before committing to a life insurance policy, make sure you have the right type and amount of coverage.
Revocable Beneficiary In life insurance, a beneficiary whose rights in the policy are subject to the policyowner's reserved right to revoke or change the beneficiary designation at any time and without the consent of the beneficiarIn life insurance, a beneficiary whose rights in the policy are subject to the policyowner's reserved right to revoke or change the beneficiary designation at any time and without the consent of the beneficiarin the policy are subject to the policyowner's reserved right to revoke or change the beneficiary designation at any time and without the consent of the beneficiary.
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10 (Ten) Year Term Life Insurance in 2016 Choosing the right term for your life insurance policy can be confusLife Insurance in 2016 Choosing the right term for your life insurance policy can be cInsurance in 2016 Choosing the right term for your life insurance policy can be confuslife insurance policy can be cinsurance policy can be confusing.
Non-forfeiture Values Cash values in a life insurance policy to which the policyowner has a right, even if he or she elects to stop paying premiums.
Absolute Assignment The transfer of all incidents of ownership (rights) in a life insurance policy to another individual or entity.
Incidents of Ownership In life insurance and annuities, the right to exercise any of the privileges of policy ownership, including the right to change beneficiaries, withdraw cash values, take policy loans, make assignment, etc.) Incidents of ownership can be major estate planning factors for policyowners who wish to transfer policy ownership from themselves to another person or a trust, thereby removing the policies from their estates.
We are here to help you find the right package with most affordable rate because we offer you a decent policy only from the top life insurance companies in the USA.
Commutation Right: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance poRight: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance poright of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance policy.
If you are going through the different types of life insurance to find the best possible policy for you and your family, then you are in the right place!
A benefit included or added to a life insurance policy with a rider that allows the policy owner the right to receive a portion of the death benefit as defined in the policy if the insured becomes terminally ill and furnishes proof.
Or she could change the beneficiary of the life insurance policy to you some day in the future as that is a right in the contract.
In determining which life insurance plan — as well as which premium rates — are right for you, it is important to compare coverage and cost of multiple different policies prior to moving forward with your purchase.
We can help you to find the right policy for your specific needs, even if you may have been turned down for life insurance coverage in the past.
A policy that offers just the right amount of coverage for just the right time frame, term life insurance policies feature an affordable premium that keeps the policy in force for the number of years you've selected.
Your best approach is to work with an independent agent in the Trusted Choice network who can do the comparison shopping for you and help you buy the right permanent life insurance policy for your needs at the best rates.
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