Sentences with phrase «unexpected loss of income»

Union plus provides interest - free mortgage assistance loans in case you suffer an unexpected loss of income.

Just over half of over 1,000 respondents to a recent CreditDonkey.com survey said that if they ever have to face an unexpected loss of income, they would not be able to support their current lifestyle for even a month.

An unexpected loss of income or big household expense is the most common.

Unexpected loss of income is the main reason people fall behind on credit card bills.

Your goal should be to have a minimum of three to six months of living expenses saved, so you are prepared for sudden emergencies or an unexpected loss of income.

Not exact matches

Because of this, an unexpected breakdown can represent not only a major expense, but also a loss of income.

The security that comes from this increase in wealth may have great future bearing on these households» ability to weather an unexpected major expense or loss of income.

In essence, what an emergency fund does is cover a contingency — a temporary loss of income, or the unexpected arrival of a big expense or two.

People from all walks of life experience financial difficulties for numerous reasons, whether it's an unexpected illness, sudden job loss, or change in income.

Seniors on limited income, unfortunately, are often good candidates for filing bankruptcy, especially when a tragic events like a divorce, a sickness, sudden loss of income, or a variety of other unexpected events occur.

A loss of income, a large medical bill, or some other unexpected expense can quickly force large credit card bills into unmanageable expenses.

According to a SunTrust survey, one - third of family households that have an annual income over $ 75,000 live paycheck - to - paycheck which can mean disaster if there's a job loss or unexpected bills come up.

With a life insurance policy you can protect your loved ones from the financial burden of an unexpected death, help pay off debts, help cover the loss of income, and can help them to lead a financially secure life.

Although there are several mechanisms in place to prevent double taxation, the many differences between the two tax systems can still lead to unexpected tax liabilities — for example, capital gains or losses on the sale of capital property, exempt municipal bonds, income earned in a TFSA and RESP, and many others.

It should provide income incase of unexpected job loss, or a source of funds in a -LSB-...]

You may experience a loss of income, face unexpected costs for medical care in the future, need to pay for physical therapy or rehabilitation, or be left to cope with mental and emotional challenges.

A loss of income, unexpected future medical costs, and other events or circumstances may not be apparent at first, so before you attempt to arrive at an amount for a personal injury claim settlement, it's important to speak with one of our personal injury attorneys.

It allows you to deduct damage, destruction or loss of property due to a «sudden, unexpected or unusual» event in a federally declared disaster area from your taxable income, starting with the amount your renters or homeowners insurance didn't cover.

Insurance coverage helps consumers recover financially from unexpected events, such as car accidents or the loss of an income - producing adult supporting a family.

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.

And you stand to risk losing your livelihood if you lose your rental income while your building undergoes repairs after an unexpected loss from a fire, flood, earthquake or another type of natural disaster.

The unexpected loss of a loved one is difficult enough to deal with, but when that loved one is providing income for a family to survive it can be near impossible to make it from paycheck to paycheck.

To protect their family financially from an unexpected death and resulting loss of income, most people purchase term life insurance.

Unemployment insurance, for example, offers compensation in the event of a loss of income; health coverage pays for private healthcare in the event of a sickness or disease; life insurance pays for unexpected deaths in the family while Merion Village renters insurance pays for unexpected costs to your rental home.