Many term policy holders age 70 or older may be able to «sell»
their term policies for cash and permanent insurance policy holders may be able to get more money than their cash surrender value.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential
for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences
for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals
for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand
for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price
for our announced acquisition of Asco on favorable
terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our
cash flows and our credit facility may not be adequate
for our additional capital needs or
for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions
for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government
policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities
for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of
cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade
policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade
policies and currency exchange rates in the near
term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The following benefits are not subject to the HP Severance
Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided
for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments
for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the
terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long -
term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long -
term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the
terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
The
policy loan provision stipulates the amount you can borrow against your
cash value, the rate of interest, and other
terms for policy loans.
Specifically, benefits subject to the HP Severance
Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or
cash amounts payable
for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer
for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long -
term cash incentives that is inconsistent with Company Practices.
The stance of monetary
policy is expressed in
terms of a target
for the
cash rate — that is the interest rate on overnight loans between financial institutions, which is determined in the
cash market.
The following benefits are not subject to the HP Severance
Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided
for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments
for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the
terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long -
term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long -
term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and
The Chancellor's commitment to protect the Science Budget in real
terms over the life of this Parliament is a positive first step but sadly does not go far enough to compensate
for the # 1 billion lost to the research base over the past five years due to the Government's flat -
cash policy.»
Jeremy Farrar, director of the Wellcome Trust, a private medical foundation based in London, is «reassured» by the protection of science funding, but cautions that «
policies that essentially amount to flat
cash — even if protected in real
terms — can only be absorbed
for a limited time.»
If you have a
cash value
policy and can no longer afford to pay the contract's premiums but still need insurance,
for example, your carrier may be able to continue insuring your life by using your
policy's
cash value to buy
term life insurance.
To get an accurate assessment and evaluation, I would take this to your financial planner or a fee -
for - service advisor so they can evaluate if you would be better off in the long -
term by
cashing in the
policies and investing your money elsewhere.
If the Ranjans feel strapped
for cash, insurance expert Jack Bendaham says they should consider cancelling their whole life
policies and replace them with
term insurance.
For those unfamiliar with the idea, it suggests that buying cheaper term life insurance and investing the difference in a mutual fund is a better financial option than purchasing a whole life policy and cancelling it at age 65 for the cash valu
For those unfamiliar with the idea, it suggests that buying cheaper
term life insurance and investing the difference in a mutual fund is a better financial option than purchasing a whole life
policy and cancelling it at age 65
for the cash valu
for the
cash values.
In the long
term, many infinite banking practitioners suggest that whole life is far superior
for cash value accumulation and usage because of the stability and predictability of the
policy; and, we haven't talked about dividends yet.
If you have a
term life
policy,
for example, you have a death benefit only, with no
cash value.
And while
term insurance is sold
for specific periods of time, typically anywhere from 5 to 30 years, a
cash value insurance
policy is usually considered to be a permanent life insurance
policy, as these products are designed to remain in force
for your entire life.
Choices
for key person insurance could then range from a simple
term life
policy to an indexed universal life
policy (IUL) to a more traditional whole life
policy (
cash value life insurance).
For example, if you are cashing in your policy for short term financial needs and will be left without life insurance, it may be best to look for other ways to increase your cash fl
For example, if you are
cashing in your
policy for short term financial needs and will be left without life insurance, it may be best to look for other ways to increase your cash fl
for short
term financial needs and will be left without life insurance, it may be best to look
for other ways to increase your cash fl
for other ways to increase your
cash flow.
Initially, the premiums paid on
cash value insurance, such as whole life insurance rates, are higher than those associated with
term insurance, given that
term insurance payments are used just to pay
for current insurance coverage and not to build up
cash value in the
policy.
With a new
term policy, you won't have access to accumulating
cash values like permanent
policies offer, but you can be insured
for another
term at a significantly lower cost compared to permanent insurance.
For a cash value life insurance policy, premiums are higher at the beginning than they would be for the same amount of term insuran
For a
cash value life insurance
policy, premiums are higher at the beginning than they would be
for the same amount of term insuran
for the same amount of
term insurance.
For purposes of the
Policies and Procedures, the
term «portfolio holdings» means the equity and debt securities (e.g., stocks and bonds) held by the Fund and does not mean the
cash investments, derivatives, and other investment positions (collectively, other investment positions) held by the Fund, which are not disclosed.
By switching to
term insurance, we lowered our monthly bills and got a
cash payout
for the accrued value of the
policy — going straight to our credit cards, but helping us get closer to being able to save more money.
No more lapses As the
policy premium is single and is paid up in a lump sum, therefore, you do not have to stress over
policy getting lapsed in a case of premium non-payment hence, making the
policy valid
for the entire
policy term, which creates a good
cash value while you render
policy benefits in the end.
As an asset based
policy, it provides
cash indemnity
for long -
term care services and a lump sum life insurance death benefit.
Secure Solution long -
term care insurance provides tons of options, including a reimbursement benefit
for actual LTC costs and a
cash indemnity benefit which pays you a percentage of the
policy's home health care benefit each month, after the elimination period has passed.
Please give us a call today
for policy illustrations from many of these excellent
cash value life insurance companies and long -
term care insurance providers and receive a free strategy session to see which company and
policy is right
for you — based on your unique needs, goals and objectives.
For example, under a typical 30 - year ROP
term policy, the
cash available to the insured would approximate 50 % of the premiums paid by the end of the 20th year and 100 % of the premiums paid by the 30th year.
Similar to a
term life insurance
policy in that your beneficiaries receive a
cash payout in the event of your death, whole life insurance
policies are different in that they continue
for your «whole life».
A long -
term care insurance
policy provides coverage
for reimbursement or
cash indemnity income benefits of various care and services, including in - home care, or a long -
term care facility, such as an assisted - living facility or a nursing home.
Although
term life insurance does provide a guaranteed death benefit
for a period of time, the nerds (actuaries) at the home offices of the major insurance companies know very well you will likely never
cash in on the death benefit of a
term life
policy.
His conclusion is that tontine annuities should be added to the «approved and endorsed» menu of financial and insurance products available to de-accumulate wealth at retirement; in addition to stocks, bonds,
cash, real estate, long -
term care
policies and even conventional annuities, so long as the insurance companies don't charge too much
for the guaranteed.
The critical downside of
term life insurance,
for SBA loans (also applicable to other key man insurance) is that zero
cash value accrues within the
policy.
If a
policy with no
cash surrender value is sold (
for example a
term life insurance contract), the
policy premiums would have largely covered just the cost of insurance, so that the proceeds received from the sale of the
policy would all be capital gains.
Whole life insurance is a permanent *
cash value
policy that provides coverage
for your whole life, rather than
for a specified
term.
In this situation, consider having your children own the life insurance
policy, because, if the parent (s) become institutionalized, the
cash value of this
policy will be includable in their assets and may have to be withdrawn, or the
policy surrendered in order to pay
for long -
term care expenses.
A typical
term policy gives you coverage
for a specific period of time and when that time is up, if your family has not had to use the death benefit, the money that you have paid in is a sunk cost — no
cash value, and no more insurance coverage.
Whole life insurance is life insurance coverage that is life - long and accumulates a
cash value, which explains why you're going to be paying about 10x more
for a whole life
policy over a
term policy.
«A lot of people buy
term insurance early in their lives when they may not have the
cash flow to pay
for a permanent
policy, but as their income improves or expenses go down it may make sense to convert the
policy.»
Voya
Term offers the largest amount of coverage
for the least amount of
cash, making it ideal
for younger
policy holders looking
for affordable coverage.
On average, permanent
policies cost 5 - 10 times more than a
term policy because they last a lifetime and generate
cash value, but this type of
policy isn't necessary
for most individuals.
Part of the money will go towards paying
for your life insurance, basically a
term policy, and the rest of the money builds
cash value.
The main differences between
term and permanent life insurance are that permanent life insurance is in force
for your entire life (as long as you pay the premiums) instead of a certain «
term,» and permanent insurance accumulates
cash value over the life of the
policy.
A
term insurance
policy is useful in many situations and we may even suggest adding a
term rider to your
policy to increase its
cash accumulation efficiency and provide a larger initial death benefit
for your family.
For example, a common arrangement is for the employee to pay the cost of term insurance relative to the policy and if the policy is permanent life insurance, such as a cash value life insurance policy OR indexed universal life, the cost of term may be substantially less than the actual cost paid by the employ
For example, a common arrangement is
for the employee to pay the cost of term insurance relative to the policy and if the policy is permanent life insurance, such as a cash value life insurance policy OR indexed universal life, the cost of term may be substantially less than the actual cost paid by the employ
for the employee to pay the cost of
term insurance relative to the
policy and if the
policy is permanent life insurance, such as a
cash value life insurance
policy OR indexed universal life, the cost of
term may be substantially less than the actual cost paid by the employer.
A Long
Term Care Rider and a Chronic Illness Rider can be be added to a
cash value life insurance
policy and provide financing options
for the medical costs that will come during retirement.
Although a permanent life insurance
policy with a
cash - value component will help you save
for retirement, the best way to maximize your returns is to combine a
term life insurance
policy with a traditional savings account like a 401 (k) or an IRA.
Whole life,
for example, offers benefits not available on
term policies, such as a tax - advantaged
cash value account that builds up inside the
policy and the potential to receive dividends.
This is a
cash indemnity
policy, which means you receive
cash for many different long
term care needs, rather than having to request reimbursement of your long
term care costs.