Sentences with phrase «transfer policy benefits»

This option provides the policyholder the flexibility to transfer policy benefits to another plan wherein exchange option is available.
This option provides the policyholder an option to transfer policy benefits to another plan.
Under this option, the policy holder can transfer policy benefits (surrender, maturity etc.) to another plan wherein exchange option is available.

Not exact matches

Capital controls have historically been as much about preventing foreigners from buying local government bonds as it has been about preventing destabilizing bouts of flight capital, and living in China, where an aggressive demand for the privileges of reserve currency status coincide with equally aggressive policies that prevent the RMB from achieving reserve currency status (and that transfer ever more of the «benefits» to the US) made clear the huge gap in rhetoric and practice.
Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.
The Trump administration sounds serious about punishing the Chinese government and Chinese companies that allegedly have benefited from years of intellectual property theft and forced technology transfer policies.
Another factor in the modern data set we must bring before the model is the mass entry of women into the work force and the erection of social policies that transfer benefits other than through bonds with particular male breadwinners.
All aspects of employment including recruitment, selection, hiring, training, transfer, promotion, termination, compensation, and benefits conform to this policy in order to further the principles of equal employment opportunity and the spirit of affirmative action.
So the only clear effect of the automatic savings policy is a transfer of wealth from whoever pays for the employer match to employees, but no overall benefit to society.
However, we do recognize that we can benefit from credit cards with better balance transfers rates and more lenient late payment policies.
However, permanent life insurance can be structured as an employee benefit, as the policy, and its cash value, can be transferred to the insured after a certain number of years or at a particular milestone.
A key man policy can also be used as an employee benefit, since the life insurance policy can be transferred to the executive or insured employee by the company.
In case a policy holder no longer requires death benefits, a life insurance policy can 1035 - transfer to an annuity.
When the savings component of the insurance policy is separated from the death benefit, the risk is transferred to the policy holder.
Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.
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Any remaining benefit transfers to the remaining spouse at death, who continues to pay for his or her single premium policy.
individual who receives the benefit from an estate, trust, retirement account, life insurance policy, or account with a transfer on death (TOD) designation
Other policy benefits include college funding, retirement income and death benefits and tax free transfers to your heirs.
Increased estate value Control and access to your money for emergencies and opportunities through policy loans and withdrawals Living benefits to help pay for the expenses of chronic illness and care Transferring money efficiently to your heirs
Sophisticated index - linked crediting strategies for greater upside potential Increased estate value Control and access to your money for emergencies and opportunities through policy loans Living benefits to help pay for the expenses of a terminal condition or a chronic illness and care — Chronic Illness is not available in all states Transferring money more efficiently to your heirs
If any incidents of ownership occur by the person who transferred the policy, it may cause the policy to lose certain tax benefits.
For example, some balance transfer credit cards come with a credit dashboard that can help you monitor your credit score and the factors affecting many credit cards also come with travel and rental car insurance benefits that can potentially save you from having to buy your own policy.
When the policyholder passes away, the entire death benefit — which includes insurance, all transferred annuity funds and compounded market interest credits (less fees, spreads, withdrawals or any policy loans and interest)-- pass to beneficiaries completely income tax free.
Under an economic benefit arrangement, the policy would be transferred to the employee and the employer would be compensated pursuant to either the «equity» or «non-equity» approaches discussed above.
Tax advantages - In general, the death benefit of a life insurance policy is tax - free upon receipt so it can be an extremely efficient way to transfer wealth.
The selling policyowner receives an upfront cash payment in exchange for transferring ownership of the life insurance policy — typically more than any existing cash value but less than the policy's full death benefit — and the investor as the new owner then continues to make the ongoing / annual premium payments.
It is designed to reduce emissions in six provinces, working with provincial, district and commune authorities, local communities and the private sector, with the objective to «enhance Viet Nam's ability to benefit from future results - based payments for REDD + and undertake transformational changes in the forestry sector», with a focus on «the implementation of national policies, measures and national strategies or action plans that could involve further capacity - building, technology development and transfer and results - based demonstration activities».
If the SCC can be shown to be negative at current levels of abatement (and bear in mind that your excellent chart of net benefits for various abatement paths refers to benefits relative to the 2010 policy stance) then I'd be content to freeze policy at current levels but to steadily transfer all policies to a carbon tax, or at least to cost them on a common basis, ie to treat renewable subsidies as implicit carbon taxes.
IMO, the effort should be transferred from discussing temperatures ad nauseam (which is only relevant to reducing the uncertainty in just one of the four key inputs to cost - benefit analyses) to working on a robust policy — i.e. a «no regrets» policy (one that will cut global GHG emissions at no cost or negative cost).
This policy applies to all aspects of employment, including recruitment, placement, promotion, transfer, demotion, compensation, benefits, social and recreational activities and termination.
A «buy - out» annuity is an insurance policy pursuant to which the liability to pay benefits is «transferred» to the insurance company upon payment of a single premium.
The CMS Policy also confirms that benefits for chronic mental stress will not be available when the mental stress arises out of work - related decisions made by employers, such as decisions related to demotions, terminations, transfers of location and changes in working hours.
Personal Data held by the Firm will be kept confidential but the Firm may transfer such data to any of the Mayer Brown Practices * (which may be updated from time to time) and / or third parties performing services for the Firm, on a confidential basis and solely for the Firm's use and benefit in accordance with our Privacy Policy.
Make sure the policy includes the description and PINs for all the land described in the transfer, including easements benefiting the property for access and other purposes.
Life Settlements - a contract or agreement in which a policyholder agrees to sell or transfer ownership in all or part of a life insurance policy to a third party for compensation that is less than the expected death benefit of a policy.
policy so their estate transfers intact to their heirs, with the life insurance benefit used for paying the taxes.
Instead, you should set up a trust to benefit the child and name the trust as the beneficiary of the policy, or name an adult custodian for the life insurance proceeds under the Uniform Transfers to Minor Act (UTMA).
The Chronic Illness rider allows you to use the policy's death benefit if you are unable to perform two of the six daily living requirements of bathing, continence, dressing, eating, toileting, and transferring.
In general, it states a business owned policy can be transferred to the covered individual personally and the death benefit remains non-taxable.
This means that the life insurance policy purchased to fund the death portion of the buy - sell agreement can not be transferred to the disabled owner or dropped until the end of the installment period, because the death benefit will be needed to complete the transaction in the event of death during the buyout period.
Portability — Shifting to the policy from another company is hassle free and due allowances are provided for delay and transfer of most of the accrued benefits.
Benefit from transfer - friendly policies, and even receive transfer - grants that could allow you to earn your degree for less.
Instead, it's best to set - up a trust to benefit the child and name the trust as the beneficiary of the policy, or name an adult custodian for the life insurance proceeds under the Uniform Transfers to Minor Act.
Portability: Easy Health policy offers you transfer the accrued benefits and make due allowances for waiting periods as per guidelines on portability if you are insured continuously and without interruption under an indemnity based health insurance policy of any Indian non-life insurer and you want to shift to us on renewal.
One option since your young you could take the case value of the current policy and do a 1035 exchange (tax free transfer of the cash value from one policy to another) to a plan that has a lower death benefit and little to no premium.
This particular judgment held that benefits under any in - force insurance policy would stand transferred automatically to new purchasers.
What documents do I need to submit as a proof of no claim benefits (NCB) at the time of policy transfer?
Policy Termination or Surrender Benefit: In case the insurance holder wants to surrender the policy before completion of the first 5 years of the policy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is ePolicy Termination or Surrender Benefit: In case the insurance holder wants to surrender the policy before completion of the first 5 years of the policy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is epolicy before completion of the first 5 years of the policy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is epolicy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is epolicy fund where a minimum 4 % per annum growth is earned.
However, permanent life insurance can be structured as an employee benefit, as the policy, and its cash value, can be transferred to the insured after a certain number of years or at a particular milestone.
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