Sentences with phrase «supplement lost income»

The money can be used to pay for private nursing, medication, or to supplement lost income.
This feature is available with most insurers and can be valuable if you would otherwise have difficulty paying for significant medical expenses or supplementing your lost income.
This feature is available with most insurers and can be valuable if you would otherwise have difficulty paying for significant medical expenses or supplementing your lost income.
A unique feature of this policy is that it supplements lost income by providing income replacement (for a maximum of two years) when one becomes disabled.

Not exact matches

Protection UL's guarantees, often to life expectancy and beyond, along with affordable premiums and cash value growth potential can help consumers replace lost family income and fund future expenses such as helping to pay for college or supplementing retirement savings.
Performance Anxiety A professional sportsman faces up to the fact that he might be banned from sport — and lose his income — as a result of the supplements given to him by his club.
If their retirement income ends up too high, the Guaranteed Income Supplement could be lost, as well as Old Age Security payments in part or income ends up too high, the Guaranteed Income Supplement could be lost, as well as Old Age Security payments in part or Income Supplement could be lost, as well as Old Age Security payments in part or whole.
Income from an RRSP in retirement may also cause you to lose income - tested benefits like the Guaranteed Income Supplement Income from an RRSP in retirement may also cause you to lose income - tested benefits like the Guaranteed Income Supplement income - tested benefits like the Guaranteed Income Supplement Income Supplement (GIS).
It can also be used to supplement income for a family who has lost a breadwinner due to an unexpected or untimely passing.
The first is that many seniors will be able to put significant wealth into TFSAs without losing Old Age Security, Guaranteed Income Supplement or other income - tested benIncome Supplement or other income - tested benincome - tested benefits.
This is particularly important when you might not only be paying more tax with delaying RRSP withdrawals, but also losing entitlement to government benefits like Old Age Security (OAS) and Guaranteed Income Supplement (GIS).
Someone earning $ 30,000 and expecting to withdraw $ 10,000 annually after age 65 is in danger of losing the Guaranteed Income Supplement if he or she uses an RRSP.
Personally, I'd rather keep the life insurance, use the cash values to supplement my investments and / or use the cash value to pay my income in the years the stock market goes down (like 2001, 2008, etc) so that I don't end up worse off than when I began because at the end of the day that account can't lose its value, I can't be sued for the value of it, I don't need to report it on my son's FAFSA form for college, AND if I pull money out of it for my son's school, the dividend still pays the same amount as if I hadn't drawn the money out in the first place (fun fact: that last point isn't something that a northwestern policy does, but new york life and massmutual's contracts do).
This is very irritating because I let these farmer financial advisors into my home and in two hours I was on my way to losing $ 2290.10; while they supplemented their income.
A deferred variable annuity can supplement other income sources after you retire or make up for the pensions you may have lost, as well as provide the advantage of guaranteed benefits.
Typical reasons for buying life insurance include paying funeral expenses, providing mortgage assistance, supplementing educational expenses for children and spouses, replacing lost income, and helping to protect the value of an estate after the insured passes on.
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