Sentences with phrase «subject to a life insurance»

Essentially, it guarantees that you will have the right to renew the term without being subject to a life insurance medical examination.

Essentially, it guarantees that you will have the right to renew the term without being subject to a life insurance medical examination.

Not exact matches

Anyone holding a leverage life insurance annuity, or a 10/8 arrangements (another leverage insurance product) will now be subject to accrual - based taxation and no deduction will be allowed for any portion of the insurance premium paid on the policy.

Indexed Universal Life products are not an investment in the «market» or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insuraLife products are not an investment in the «market» or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insuralife insurance.

In addition, the cash value buildup on a life insurance policy is generally not taxed currently, although this buildup could cause the business to be subject to the alternative minimum tax (AMT) in certain circumstances.

Investments in SMART529 are not guaranteed or insured by the State of West Virginia, the Board of Trustees of the West Virginia College Prepaid Tuition and Savings Program, the West Virginia State Treasurer's Office, Hartford Life Insurance Company, The Hartford Financial Services Group, Inc., the investment sub-advisors for the Underlying Funds or any depository institution and are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

As the seller, you would also be subject to taxes on the sale of your life insurance policy.

Although the relevant authorities have made it clear over the past few months that all insurance policies — with the exception of life insurance — are subject to the levy,...

However, life insurance proceeds received by C corporations could cause the corporation to be subject to the alternative minimum tax (AMT) or increase the corporation's AMT liability.

WORLD: Never doubt the psychology of healing, but yes we do live in the modern world where our psychology has also taught us to trust science and doctors... insurance companies and profit motives are another subject.

He accepts the bribe of a ten - million dollar insurance policy from an industry political operative (Sorvino), sets up a hit on his life and goes off to offend various political interest groups, from Jews to African - Americans, by committing not adultery, but the worst sin of all in politics: subjecting the already - committed to a dose of unfettered, unfiltered honesty.

Life insurance offers tax benefits as well as typically not being subject to probate administration.

Assets owned individually by a decedent at death that don't pass to another person by trust (i.e. revocable living trust), contract / beneficiary designation (i.e. life insurance, annuity or 401 (k)-RRB-, or operation of law (i.e. joint tenancy with right of survivorship) may be subject to probate if the applicable threshold is exceeded.

However with universal life the interest rate earned on the cash value is subject to change, whereas it is fixed with whole life insurance.

Since the life insurance proceeds go through your estate, they are subject to probate fees and claims from creditors.

Loans and partial withdrawals will decrease the death benefit and cash value of your life insurance policy and may be subject to policy limitations and income tax.

The reasoning behind this is simple: life insurance proceeds are meant to be property of the beneficiary and as such shouldn't be subject to the claims of creditors of the insured.

You can choose whether to receive guaranteed payments for life, for a set period of time — or both.Guarantees apply to certain insurance and annuity products and are subject to product terms, exclusions and limitations and the insurer's claims - paying ability and financial strength.

Investments in CHET Advisor are not guaranteed or insured by the State of Connecticut, the Connecticut Higher Education Trust Program, the Connecticut State Treasurer's Office, Hartford Life Insurance Company, The Hartford Financial Services Group, Inc., the investment sub-advisors for the Underlying Funds or any depository institution and are subject to investment risks, including the loss of the principal amount invested, and may not be appropriate for all investors.

In the event of multiple Accidental deaths per account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit of insurance equal to two times the Benefit Amount for loss of life.

This non-linked and regular pay insurance rider provides 100 % Sum Assured in case of death of the Life Insured due to an accident, subject to the rider policy being in - force.

Also, as permanent insurance, the cash value account in universal life grows tax - deferred and can be accessed by the policyholder in the form of loans or withdrawals, subject to any applicable policy provisions.

Homeowners» Insurance: Required for all mortgage loans, protects the home from damage and theft Owner's Title Insurance: Optional policy ensuring the title will not be subject to a claim of ownership, lien or other encumbrance Private Mortgage Insurance (PMI): Required by most lenders when the down payment is less than 20 % Federal Housing Administration (FHA) Mortgage Insurance Premium: Required on all FHA loans Mortgage Life Insurance: Optional policy that protects family and estate by paying off the loan in case of death Disability Insurance: Optional policy that guarantees loan payments will be made in case of disability

As the seller, you would also be subject to taxes on the sale of your life insurance policy.

The loan will not become due and subject to repayment as long as you continue to meet loan obligations such as living in the home as your primary residence, maintaining the home according to the Federal Housing Administration (FHA) requirements, and paying property taxes and homeowners insurance.

So, if your company is the beneficiary, which is kind of the point of key person insurance, then the premiums are not deductible (similar to a personal life insurance contract) because the death benefit is not subject to taxation.

Whether you're a young driver, live in a big city, or own a car that's subject to high insurance rates, usage - based insurance policies can lower the cost of your premiums by rewarding you for good driving habits.

1Effective January 1, 2018, accumulations (including contributions and earnings) under the Funding Agreement for the Principal Plus Interest Option will be credited to the MAP with an effective annual interest rate of 1.85 %, and are guaranteed to earn this rate through December 31, 2018, subject to the claims - paying ability of TIAA - CREF Life Insurance Company.

3 Effective January 1, 2018, accumulations (including contributions and earnings) under the Funding Agreement for the Principal Plus Interest Option as of December 31, 2017 will be credited to MESP with an effective annual interest rate of 1.85 %, and are guaranteed to earn this rate through December 31, 2018, subject to the claims - paying ability of TIAA - CREF Life Insurance Company.

In most cases, a life insurance death benefit isn't subject to taxes, according to the IRS.

With an exempt life insurance policy, the annual growth of the cash value is not subject to taxation, providing tax - sheltered growth similar to RRSPs and TFSAs.

Life insurance is not a subject many are eager to discuss, but it's an important option to consider if you are concerned about the welfare of your family.

Wondering if a life insurance policy can be subject to taxes?

Life insurance proceeds may be subject to estate taxes.

Additionally, you can gift life insurance cash value to your account beneficiaries without the gifts being subject to income or gift taxes providing the cash stays in the policy.

As the most popular permanent life insurance in the market right now, Indexed Universal Life is a great option for many who want to participate in stock market returns, without actually being invested in the market and subject to risk of llife insurance in the market right now, Indexed Universal Life is a great option for many who want to participate in stock market returns, without actually being invested in the market and subject to risk of lLife is a great option for many who want to participate in stock market returns, without actually being invested in the market and subject to risk of loss.

Life insurance is subject to underwriting; your insurability and premium amount are dependent upon many factors, including age and your health.

1Withdrawals from life insurance policies may be subject to fees, penalties, and income taxes depending on the specific life insurance policy and the policyholder's tax situation.

It goes to your life insurance beneficiaries income tax free, but may be subject to estate tax if your estate is above the current federal estate exemption limit.

Life insurance is subject to exclusions, limitations and terms for keeping it is force.

Life insurance dividends are actually a return of premium and are not subject to income taxation.

** Certain product designs combine term insurance and whole life insurance, and may be subject to premium increases.

Life insurance is usually a downer of a subject, so I'm going to try to avoid that here.

At death, your life insurance becomes part of your estate and could be subject to tax if the value of your estate exceeds the estate tax threshold.

This term life insurance benefit is paid subject to the policy being inforce and the premiums for 2 consecutive term insurance policy years from the date of issuance or the date of latest reinstatement have been paid

If you do not qualify for term life insurance, then accidental death insurance may make more sense because it's guarantee issue and means you will not be subject to medical exams or underwriting.

Also, if you get a life insurance policy through your employer, you most likely won't be subject to a medical examination or a urine test.

The proceeds of your life insurance policy may be subject to federal estate taxes if you have what's known as incidents of ownership in the policy.

For life insurance policies that pay death benefits in the form of a lifetime payout, the portion of the payout that is not subject to tax if the policy has no refund provision or stated time period guarantee which is determined by dividing the amount of the death benefit by the life expectancy of the beneficiary.

As with all our top life insurance companies lists, it is a fluid one, subject to change at our whim based on the different product offerings available in the marketplace.