Sentences with phrase «staggered payments»

The phrase "staggered payments" refers to splitting or dividing a payment into smaller amounts and spreading them out over a period of time, rather than paying the full amount all at once. Full definition
But there is an option of staggered payment which allows you to receive a portion of the sum assured at once and rest as monthly income for a particular period of time.
If you are taking a term insurance policy as a protection against loan and debts, then there is no need to go for staggered payment as in such situations, you need the sum assured at once not on a monthly basis.
If you choose to take out an instalment cash loan, then you can benefit from a number of staggered payments over a period of months, rather than one lump sum at the end of the month.
Staggered payment with increasing annual income @ 5 % p.a, wherein 20 % of Death Benefit is received at the time of claim settlement with the balance proceeds being received as an annual income.
This rider provides staggered payments which is a percentage of the total sum assured of the insurance policy.
It wipes out the hassle for the nominee of investing a huge amount of claim money optimally and helps the nominee to receive the payment as staggered payment.
With an instalment loan, you pay back what you owe in staggered payments over a longer repayment window.
Increasing Monthly Income - This option of staggered payment allows your monthly income to increase annually by 10 - 20 %.
A permanent and partial disability rider is the best - suited option for you as it offers staggered payments to you if you have met with an accident because of which you are unable to work.
With the option of staggered payment, you get to customize the plan as per your family's needs.
The rest of Europe's elite would have to stagger a payment over a number of years to meet the # 170m valuation.
Finally, Spark is also exploring a much - discussed idea for paying for expensive, one - time treatments: staggered payments that would spread costs out over time.
«But it also helps us stagger our payments, over days or weeks.»
Change the payment terms and send out invoices at least twice a month to stagger payments.
United are the best place English side at least to plot a move for Messi but would most likely have to stagger the payments for him to ensure they had finances to spare for other potential deals.
«Staggering the payments would certainly make it easier for Chelsea, Manchester City, PSG and Bayern Munich but Manchester United demanded the fee up front when they sold Cristiano Ronaldo and I strongly suspect it would be the same for Messi,» Wilson said.
Perhaps it's not just a straight cash deal and they don't like the staggered payments or anything?
You can pay via instalments for this course making it easier to stagger payments and for you to get started on your study now.
Typically longer than a «classic» payday loan (typically from three to 12 months), an instalment loan allows you to repay a small loan amount (ranging widely from # 50 - # 10,000), plus interest and over a series of staggered payments, broken down into chunks designed to make repayment more manageable.
In addition, by taking out a private loan you give up the repayment programs available with a federal loan, such as income - based repayment plans and staggered payments.
An Xbox Live Gold account costs # 40 per year, if you buy it up front, or # 15 for three months if you prefer to stagger payments.
The Birla Sun Life Protect @Ease Term Plan offers the nominee the death benefit by opting either for Lump sum payment or Staggered payment with fixed annual income or Staggered payment with increasing annual income @ 5 % p.a.
Staggered payment, wherein, 20 % of Death Benefit is received immediately at the time of claim settlement, with the balance being received as a fixed Annual income, expressed as a fixed percentage of Death Benefit, on each death anniversary of the life insured over the chosen payout term.
Staggered payment, whereby, 20 % of «Sum Assured on Death» is received at the time of claim settlement, with the balance being received as an Annual income, expressed as a fixed percentage of the Sum Assured on Death, on each death anniversary of the life insured over the chosen payout term.
The nominee has the option to take the sum assured on death as a lump sum payout or staggered payment, as per the terms applicable under the plan.
The nominee has the option to receive the sum assured on death as a lumpsum or staggered payment, as applicable under the plan.
So understand the staggered payment option of your policy and take advantage of it because it will allow you to customize your term insurance policy according to your family's need and financial goals.
If you have financial plans which can only be fulfilled with a continuous monthly income like education of your child, then always go for a staggered payment option under term plan.
So instead of making mistake regarding payout option in insurance like Mr.Sharma, let us understand the staggered payment option of term insurance through this article, so that you can take advantage of your policy.
If you know that your family can not make the right financial decision and will face the problem of investment and saving after receiving the huge amount of the death benefit at once then going for a staggered payment is the best option.
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