Sentences with phrase «until death of»

My mother was a very talented self - taught artist until the death of my beloved younger brother and Dementia took her mind away.
A person starts paying social insurance on 1st January 2008 and continues to do so up until the death of their spouse on 1st April 2013.
In the event of death of the Life Insured, Death Benefit will be higher of 105 % of the premiums paid until the death of the policyholder OR eleven times of the annualised premium OR guaranteed sum assured on maturity OR any assured amount that has been earlier agreed to be paid in case of death
Annuity contracts traditionally provide a guaranteed distribution of income over time, until the death of the person or persons named in the contract or until a final date, whichever comes first»
The death benefit is not paid to the beneficiary until the death of the second insured.
For couples that utilize this approach to their estate planning, there is no tax payable until the death of the survivor.
Whole life policies provide insurance until the death of the insured person.
The pension benefit will commence from the age of 60 years onwards until the death of the insured.
Married couples can sometimes defer this tax until the death of the surviving spouse.
An owner can still put a significant amount of money into a life insurance contract, have it grow tax deferred until death of the insured, and pass on a significant amount of money to the next generation free of taxes.
In fact, the reality that the only way to use a life insurance policy's cash value to repay a loan tax - free is via the death benefit leads to a number of «rescue» strategies for life insurance policies with substantial loans, specifically to help ensure that the policy remains in place until the death of the insured.
Funded with after tax dollars, the life insurance contract's value will grow tax deferred until death of the insured, in which case the entire amount can be handed down free of any taxes to the next generation.
Life Coverage: Whole life plan provides coverage until the death of the life assured.The insured is covered against the risk of death for his entire life or up to the age of 100 years.
A whole life insurance policy or permanent life insurance provides life coverage until the death of the life assured.
The policy can not be cancelled by the insurance company as long as your premiums are paid and remains in effect until the death of the insured person.
The appeal of such transactions is that, where the original policyowner has had an adverse change in health since the policy was originally issued, a third - party buyer may be willing to pay more for the policy — and hold it until the death of the original insured — than the insurance company is willing to offer as a cash surrender value.
Like all annuities, a straight life annuity provides a guaranteed income stream until the death of the annuity owner.
If the age of the insured is misstated and is not discovered until death of the insured, the insurance company has the contractual right to adjust the death benefit to reflect the face amount that would have been paid with the corrected age and actual premiums paid.
When payments are made based on joint lives, the payments continue until the death of the second annuitant.
Joint - life and joint - survivor annuities make payments until the death of one or both of the annuitants respectively.
An annuity can be a single life annuity or a joint life annuity where the payments are guaranteed until the death of the second annuitant.
The user gets 80 % of the premiums paid until the death of the policyholder.
Beyond that, premiums are no longer required and coverage remains in force until the death of the insured.
Assuming required premiums are paid on time, a whole life policy continues until the death of the insured.
The policy can be used to provide coverage permanently *, until the death of the insured, like whole life.
Since the policies are being purchased as investments and will be kept active until the death of the insured, age requirements are at minimum individuals over 65 with some degree of health history.
The policy can be used to provide coverage for a limited time like term insurance or permanently, until the death of the insured, like whole life.
Misstatement of Age If the age of the insured is misstated and is not discovered until death of the insured, the insurance company has the contractual right to adjust the death benefit to reflect the face amount that would have been paid with the corrected age and actual premiums paid.
With permanent life insurance, this is an important option because it lasts until the death of the insured.
Level Premium Whole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insured).
It was perhaps thought in the past that the arrangements could lie dormant, usually until the death of the surviving spouse.
When the injury does not occur until the death of the recipient of legal services, the action may be commenced within 2 years of death.
A deliberate or fixed and final intention is not the equivalent of an irrevocable intention, given that a will, by its nature, is revocable until the death of its maker.
In re Marriage of Thornton, No. 149529 (California Court of Appeals, Second District, January 16, 2002): The separation agreement of the parties, incorporated into the judgment of divorce, provided that the husband shall pay alimony until the death of either party, or until March 2003.
Included in the agreement was a provision that the husband would pay $ 4,333.33 per month to the wife as alimony until the death of either party or the wife's remarriage.
The selection of works, dating from 1947 to 2007, comes from the private collection of Karsten Greve and reflects the long - standing collaboration with Louise Bourgeois, which, in numerous exhibitions, illuminated all the phases of this œuvre of a century with its wealth of allusions, until the death of the artist at the age of 98.
He is best known today for his final works, the so - called black paintings, which he focused on from 1954 until his death of a heart attack in 1967, at age 53.
Title and number of existing copes remains undefined until the death of Phung Vo.
In exchange for premiums paid, annuity contracts traditionally provide a guaranteed distribution of income over time, until the death of the person or persons named in the contract or until a final date, whichever comes first.
While initial premiums are higher than with a typical term policy, it is possible for coverage to continue until death of the insured, and cash value may accrue in the policy on a tax - deferred basis that can be used to help meet financial needs during your life.
(With a joint annuity, payments continue until the death of the second spouse.)
Life annuity payments that continue until the death of both annuitants.
The policy can be used to provide coverage for a limited time like term insurance or permanently, until the death of the insured, like whole life.
A reverse mortgage doesn't do anything to your home's equity that any other mortgage wouldn't do; the only difference is that you don't have to repay a reverse mortgage until the death of the last surviving spouse, and assuming the amount you owe on the reverse mortgage is less than the property's value, your heirs would inherit the difference.
To pay for home improvements is one increasingly common use for a reverse mortgage, because unlike a home equity loan, reverse mortgages don't require the borrower to repay the loan until death of the last surviving spouse.
A Single Premium policy is the one in which the premium amount is paid in lump sum at the beginning of the policy as a return for the death benefit which is guaranteed to be paid up until the death of the policyholder.
That is until the death of a loved one brings Nina and Alex out of hiding and into a whirlwind of kidnapping, betrayal and murder.
IMO - they release the e-reader (hopefully it's worth the wait) and basically allow that device to be the end all end all - B&N nook book reader until the death of time.
That is until the death of a friend prompts Lucius Hunt (Joaquin Phoenix) to seek permission from the head elder, Edward Walker (William Hunt), to cross the forbidden woods in search of emergency medicine.
Mathilde explains that the apartment is a viager, which refers to an old French real estate system allowing buyer's to purchase property at a decreased value from the owner, but agreeing to pay the owner a monthly sum while allowing them to live on the property until the death of the owner, whereby the buyer would finally be allowed to move in.
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