Sentences with phrase «to guarantee payment»

Life insurance guarantees payment of a specified sum of money on the death of the insured person.
As an employer you have to select a default super fund to make super guarantee payments for your employees who have not chosen their own fund.
The borrower often has no lawyer or inadequate representation because lawyers are not guaranteed payment in arbitration cases.
Both whole life and term policies are financial contracts, in which the insurer guarantees payment on the death of the covered individual.
Banks will also guarantee your payments in and out of your new account are switched over in time so that you do not miss any regular bills and payments.
However, annuities are almost always sold with guaranteed payments for a minimum number of years.
You'll receive payments for life, with a minimum guaranteed payment period ranging from 10 to 30 years.
Her employer makes the necessary 9.5 % super guarantee payments into her chosen super fund.
Some policies only guarantee payment to care facilities, which could result in the traveler being forced to pay for certain expenses out of pocket.
Guaranteed payment upon death, free of income taxes.
Life insurance guarantees payment of a specified sum of money on the death of the insured person.
You'll receive payments for life, with a minimum guaranteed payment period ranging from 10 to 30 years.
A primary benefit of using an annuity as part of your retirement planning strategy is the creation of a stream of guaranteed payments when contract value is exchanged for them.
You may receive income in a number of ways, including guaranteed payments that will last for as long as you live.
For example, if you're age 65 and select 15 - year period certain payout, your annuity contract will guarantee payments until you reach age 80.
Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.
The former guarantees you payments so long as you can't return to your previous line of work.
Assuming that the owner of a lasting life continuously makes top quality expenses regularly and promptly, the plan guarantees a payment when the policy - holder dies.
Worse, verifying coverage with a specific policy didn't always guarantee payment.
The latter guarantees you payments only so long as you can't return to any type of work, even if it has nothing to do with your chosen profession.
Technically, an annuity is a financial vehicle where a lump - sum amount is exchanged for a stream of guaranteed payments going forward.
You can do this by buying annuities that provide a steady guaranteed payment for life.
The bank guarantees payment of your checks as long as you have sufficient funds in any one of your other accounts.
Variable annuities guarantee a payment; however, the amount of the payout will vary according to the performance of the underlying funds.
A large number of very low guaranteed payment games drove the mean project compensation down to under $ 5,000 and median to $ 1,500.
When your accumulation phase has ended and you are ready to begin distributions, you can choose guaranteed payments for a specific length of time or for the rest of your life.
During this set period, the life insurance carrier guarantees the payment of your death benefit so long as the policy premiums are paid.
Insurance is the process of transferring the risk of a large financial loss to a company willing to pay for the loss in exchange for a small guaranteed payment.
The app guarantees payment on the first of every month, reducing your stress when it comes to trying to collect.
We do not guarantee payment to a facility or individual until we determine that it is an eligible expense.
With several options that guarantee payment in exchange for a rather higher premium, the plan promises a good return for all those who wish to save taxes on investments.
By knowing the difference between a policy that will directly pay care providers, as opposed to one that only guarantees payment, travelers can be prepared to make educated decisions in their care.
You may receive income in a number of ways, including guaranteed payments that will last for as long as you live.
Private mortgage insurance is an insurance to protect lenders and guarantee payment when a borrower defaults.
You will also be guaranteed payment of up to 150 thousand dollars when the life insurance policy reaches maturity as long as your payments are made.
The most common of life insurance products, whole life insurance guarantees payment of a death benefit to beneficiaries in exchange for level, regularly - due premium payments.
Variable Annuitization An annuity is a great way to ensure that your retirement nest egg does not break in retirement, as you receive guaranteed payments with very little risk,
Generally, in estate planning, this is a document which guarantees payment in the event that a person responsible for money or property distribution does not act in accordance with the will or trust, the law, or his or her fiduciary duties.
Under it, electricity supply companies will offer guaranteed payments for electricity generated from renewable energy devices that consumers have installed their own homes, or to small projects installed by community organisation and the like, the limit being 5MW.
Rather, it asked Millennials if they would be interested in an investment that may not have as high returns as the stock market, but would provide guaranteed payments in retirement and guarantee that they would not lose money.
And although converting a portion of one's savings to an immediate annuity certainly isn't the right move for everyone, research shows that retirees who receive guaranteed payments from a pension or an annuity tended to have higher levels of retirement satisfaction than those without such income.
If the beneficiary is a minor, another option is an «interest income» payout, which makes guaranteed payments toward the interest on the death benefit for a specified time — for example, until the minor comes of age — at which point the benefit amount becomes available to that beneficiary.
A fixed index annuity (known for its tax - deferred benefits) is a contract between you and an insurance company that provides a guaranteed minimum interest rate, tax - deferred growth, and guaranteed payments through annuitization in retirement.
And healthcare costs were NOT rapidly increasing before Medicaid that came after the government guaranteed payments to the doctors.
If the beneficiary is a minor, another option is an «interest income» payout, which makes guaranteed payments toward the interest on the death benefit for a specified time — for example, until the minor comes of age — at which point the benefit amount becomes available to that beneficiary.
This particular bond guaranteed the payment of grain by the principal and the surety bond guaranteed reimbursement if the principal failed to make payment.
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