Sentences with phrase «unexpected death of a spouse»

No one should ever have to experience the sudden and unexpected death of a spouse, child, parent or other family member in a fatal car accident.

You will rely on each other's finances for day - to - day living and an unexpected death of a spouse can be both emotionally, physically, and financially draining.

Not exact matches

But you might be forced to refinance or sell your home before you break even on your points if you face an unexpected life challenge like divorce, death of a spouse, disability or a job loss or transfer.

However, it might make sense to put a written income flooring plan in place in case of an unexpected death of the financial decision - making spouse.

The unexpected and wrongful death of a spouse, child, parent, or another person close to you, can leave you overwhelmed after your indescribable loss.

«Some of these factors are pretty predictable — such as the financial obligations brought on by dependents and mortgages — but your unexpected death could prove to be a huge financial burden for your spouse, reducing your Social Security benefits and possibly pension benefits and bringing about unplanned medical and funeral expenses,» he says.

The benefit to this is that because you are in charge of the policy on your spouse, you know you are financially protected should the unexpected occur and you have easy access to all the information required to receive the death benefit.

One of the most common is when an income producing spouse and / or parent wants to protect against his or her loss of income due to an unexpected death.

If, during a covered trip, there is an unexpected death of an immediate family member (spouse, child, parent or sibling), a break - in at the insured's principle residence, or the substantial destruction of the insured's principal residence due to a fire or natural disaster, Patriot GoTravelSM America pays to return the insured to the area of principal residence.

You and your spouse are covered against the risk of unexpected death in one single term insurance policy.

Some people do choose to carry both types of policies at one time; a small whole life policy that will be sufficient, should the insured live a very long time, to pay off existing debt and provide for their spouse (if applicable) and a term life policy that could cover everything should an unexpected death occur or the insured die young.

However, setting the «sub-prime debacle» aside, thousands of homes end up in foreclosure each year for reasons neither the homeowner or lender could have foreseen: job loss and business failures; divorce or sudden death of a spouse; health related issues and expenses; and myriad other expenses that are unexpected and unpreventable.