Sentences with phrase «term disability insurance policy as»

Which is why you may also want to check out our article that focuses on the benefits of owning a Long Term Disability Insurance Policy as well.

Then again, you may also want to consider a stand - alone long - term disability insurance policy as well.

Additionally, once you've been approved for coverage and you're fully insured, we generally like to also provide you with a quote for Long Term Disability Insurance Policy as well, because suffering from a premature death isn't the only way that your family's financial security can be jeopardized.

Not exact matches

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

Paired with a health insurance and long - term disability insurance policy, it can help cover the costs of medical expenses, as well as related costs from being unable to work during recovery, providing you with a full financial safety net.

Some long - term disability insurance policies pay for extra services, such as training to go back to work.

However, disability, dental plans, vision, long - term care and catastrophic - disease policies, such as cancer insurance, will not disqualify you from having an HSA.

Short term disability insurance policies pay out benefits for reasons such as the following:

Our lawyers also help our disabled clients with disability claims against employer - sponsored long - term disability insurance policies such as AFLAC and pension benefits.

Comment: Several commenters agreed with the proposal to exclude «excepted benefits» such as disability income insurance policies, fixed indemnity critical illness policies, and per diem long - term care policies from the definition of «health plan,» but were concerned that the language of the proposed rule did not fully reflect this intent.

Our primary areas of expertise include term life insurance, universal life and equity indexed universal life, disability income insurance, in - force policy review, insuring tough health issues, business insurance including business succession and key man life and disability insurance, as well as estate planning.

Representing over 80 of the nation's highest rated and most respected life and disability insurance companies, MEG's primary areas of expertise include term life insurance, universal life, disability income insurance, in - force policy review, insuring tough health issues, business insurance including business succession and key man life and disability insurance, as well as estate planning.

Additionally, most companies that underwrite ROP term policies offer policy riders such as accidental death and dismemberment (AD & D), children's term insurance, and waiver of disability and accelerated death benefits.

Both Term and whole life insurance policies have optional riders such as disability waivers, spouse riders, children's riders, additional accidental coverage, and so forth.

Most people who have disability insurance purchase coverage in the form of a long - or short - term disability insurance policy from a private company or from their employer, either as an employer - subsidized plan or through group disability insurance at a discounted premium rate.

The waiting period (also known as the elimination period) is the time after you become disabled until a long - term disability insurance policy begins to pay.

But they can work together if your policy has a long - term disability social benefits offset rider, also known as a social insurance supplement rider (or SIS rider), a Social Security Offset rider, or a Social Insurance Offsinsurance supplement rider (or SIS rider), a Social Security Offset rider, or a Social Insurance OffsInsurance Offset rider.

Coupled with the fact that the average disability outlasts short - term policies, and how difficult it is to qualify for SSDI, long - term disability insurance makes sense as part of a financial safety net.

Short - term disability insurance policies are typically gotten through an employer as a free or low - cost benefit.

As a general rule of thumb, we recommend opting for a long - term disability insurance policy that'll pay you up to 60 % of your gross salary tax - free, because that should come close to 100 % of your current take - home pay.

A. Individual and group life insurance policies, as well as individual annuities, long - term care and disability income insurance policies are covered by life and health guaranty associations.

Most short - term disability insurance policies are offered as an employer benefit, and in some cases that coverage may even be free.

Sometimes an insurer will shake things up and recombine the requirements in an uncommon way, but so long as you understand the concepts listed above you should be able to unpack this critical part of any long - term disability insurance policy so you can better compare it to others.

A 3 - 6 month emergency fund would provide the same protection as a 3 - 6 month short - term disability insurance policy, with the added benefit of not having a monthly premium.

The best solution may well be income replacement insurance, otherwise known as a long - term disability policy.

Individual long - term disability insurance policies are portable, meaning that they're yours as long as you continue to pay the premiums, even if you change jobs.

The provision will continue to waive the life insurance premium as long as the disability persists, or until the term of the policy matures.

On the life / health side, combination products often use life insurance, deferred annuities, immediate annuities or disability income insurance as the base policy, and then they add long - term care or critical illness insurance.

In contrast, long term disability insurance is ideal before retirement, as most policies have an end date by age 65 or to age 67.

That in addition to purchasing a life insurance policy, we also recommend that all folks in their 20's take a look at what a long term disability insurance policy would cost as well.

Short term disability insurance policies pay out benefits for reasons such as the following:

Life insurance companies writing term insurance usually offer policy riders such as spousal term, children's insurance, waiver of disability, accidental death and dismemberment (AD & D) and accelerated death benefits.

It is better to take the riders such as personal accident, physical disability, etc. at the time of taking the policy as they offer a comprehensive cover right from the time of signing up for the term insurance return of payment policy, and that too at a very low additional cost.

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

Disability insurance is meant to last the duration of the period you can't work as a result of an injury or illness, which could mean until you reach the age of retirement if you buy a long - term disability insuranDisability insurance is meant to last the duration of the period you can't work as a result of an injury or illness, which could mean until you reach the age of retirement if you buy a long - term disability insurandisability insurance policy.

As always, we recommend finding the right solution for you and this policy and company has been chosen just to gain insight, although we do believe it is a solid option for both short - term and long - term disability insurance.

Sales or policy illustrations are used with products such as whole life insurance, universal life insurance, variable universal life insurance and long - term disability insurance.

You will need to be aware of a few features of your long term disability insurance policy, such as how long it is guaranteed renewable, the type of occupation it covers and if it is non-cancelable.

Longer elimination periods can be buffered when they coincide with other insurances such as worker compensation benefits, state disability or other short term disability insurance policies.

As a policy owner of a life insurance, annuity, long - term care, or disability policy, it is natural to be concerned about what would happen to your benefits if your insurance company goes bankrupt.

Our group personal accidental insurance plan pays a pre-specified proportion as per the policy terms of the sum assured based on the extent of disability.

In case any insured member suffers from an Accidental Total and Permanent Disability *, the the Sum Assured as per the certificate of insurance shall be payable and the contract will continue on 2nd life till ATPD of 2nd life or expiry of policy term for that member whichever is earlier.

Unlike regular term policies, return of premium term life insurance rewards you for keeping the policy by giving a guaranteed return of your total cumulative premium paid on the policy during the level term period, not including substandard (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the level term period if the policy is then in force.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.