Sentences with phrase «using life insurance owners»

Does this mean current marijuana - using life insurance owners will be able to get better rates down the line?

Not exact matches

People who need permanent life insurance protection but wish to take advantage of possible cash accumulation via an equity index might use IULs as key person insurance for business owners, premium financing plans or estate - planning vehicles.

Using life insurance to fund a buy sell agreement provides the needed liquidity to make sure the business can survive the loss of an owner.

Cash value life insurance is more applicable to wealth building discussions because cash value is typically used during the policy owner's lifetime and is forfeited upon death in lieu of the death benefit being paid to surviving beneficiaries.

Term life insurance can be used to fund buy - sell agreements so that on the death of a business owner, surviving partners can use the proceeds to purchase the business from the deceased owner's beneficiaries.

Term life insurance is affordable, perfectly matched to the needs of most business owners, and simple to apply for if you use Quotacy.

If you are involved in a business with a partner, it's possible that you have a buy / sell agreement in which each business owner purchases a life insurance policy on the other owner and then uses the death benefit to buy out the deceased owner's share of the business.

California: The ACME Foundation: Clearlake (veterinary care assistance for senior and disabled pet owners) Actors and Others for Animals: Greater Los Angeles area (pet food, spay / neuter assistance, assistance for necessary veterinary medical care) Animal Assistance League of Orange County: Orange County (pet food, transportation and veterinary care assistance) Animal Health Foundation: Los Angeles and Orange Counties (veterinary care assistance) AnimalSave: Green Valley (pet food, spay / neuter assistance) Animal Welfare Assistance Group: Monterey County (veterinary care assistance, spay / neuter; pet food and supplies for seniors, disabled veterans, owners of service dogs and others; pet care resources and referrals) Bad Rap: San Francisco (pit bull - specific assistance for finding rental housing and insurance) California Department of Social Services Assistance Dog Special Allowance (ADSA) Program: Statewide (provides monthly stipend to eligible persons who use a guide, signal, or service dog) Cat People: Bakersfield (cat food / litter, spay / neuter assistance, vaccination assistance) 661-327-4706 Cats in Need (of Human Care): Southern California, multiple locations (spay / neuter assistance) The Chester Foundation: Sacramento region (veterinary care assistance) FACE Foundation: San Diego (grant assistance for pets in need of emergency or critical care) FixNation: Los Angeles (spay / neuter assistance for cats) Friends of Long Beach Animals: Long Beach (spay / neuter assistance) Haven Humane Society: Redding (low - cost spay / neuter, pet food assistance, emergency veterinary grants for residents receiving Medi - Cal or Medicare) Clinic: 530-241-1658; Shelter: 530-241-1653 Helen Woodward Animal Center: Rancho Santa Fe (pet food) Helen Woodward Animal Center Animeals program: San Diego County (free pet food for the dogs and cats of elderly or disabled people) Humane Society of San Bernardino Valley: San Bernardino (low - cost spay / neuter) Humane Society of Truckee - Tahoe: Truckee, Sierra County, Eastern Placer County or Eastern Nevada County (pet food pantry and low cost / free spay & neuter programs for Pit Bulls, Chihuahuas, and those that qualify) Keep Your Pet: Sacramento (behavior assistance, veterinary care assistance, services for seniors) LA Animal Services: Los Angeles (spay / neuter, vaccination and microchip assistance) Marin Humane Society: Novato (pet care assistance to low - income seniors, persons living with HIV / AIDS and those receiving hospice services; please see website for complete list of services) Mercy Crusade's Spay and Neuter Clinic: Oxnard (spay / neuter and vaccination assistance) Mojave Desert Animal Rescue: Western Mojave Desert (pet food & supplies and veterinary assistance for homeless, unemployed, disabled, and senior pet guardians) Mountains» Humane Society: Lake Arrowhead (pet food, spay / neuter assistance) Napa Humane: Napa (spay / neuter assistance) Ohlone Humane Society Special Assistance Program: Fremont, Union City, and Newark (veterinary care assistance, pet food, spay / neuter assistance) Orange County SPCA Animal Rescue Fund: Orange County (assistance for veterinary care including spay / neuter) Palo Alto Humane Society: Palo Alto (spay / neuter assistance, assistance for emergency veterinary care) PALS: Pets Are Loving Support (veterinary care assistance programs for senior, disabled or ill pet owners) Pasadena Humane Society: Pasadena (spay / neuter assistance) PAWS / LA: Hollywood (pet food and supplies, veterinary medical care assistance, grooming, spay / neuter, veterinary care assistance programs for senior, disabled or ill pet owners, and other services) PAWS San Francisco: veterinary care assistance programs for senior, disabled or ill pet owners Peninsula CatWorks: veterinary care assistance for cats only Pet Assistance Foundation: Multiple Locations, Southern California (spay / neuter assistance for dogs, cats, and rabbits) Pet Orphans of Southern California: Van Nuys (veterinary care assistance) The Pet Rescue Center's Pet Pantry: Orange County (pet food, litter, and flea treatments for unemployed, senior, or disabled pet owners) Pets Are Wonderful Support: San Diego (pet food / litter, pet supplies, veterinary assistance, animal transport, temporary foster program, veterinary care assistance programs for senior, disabled or ill pet owners) Placer SPCA SOS Program: Placer County (rental deposits, temporary boarding, pet food and veterinary care assistance) Rescuing Unwanted Furry Friends (RUFF): Laguna Beach (pet food) Riverside County Department of Animal Services: Riverside (spay / neuter assistance) Sacramento SPCA: Sacramento (pet food, spay / neuter assistance) The Sam Simon Foundation: Los Angeles (free surgery for non-orthopedic procedures; free spay / neuter operations, including vaccinations, flea control, deworming, nail trims, and antibiotics) Sammie's Friends: Grass Valley (veterinary care assistance) San Francisco SPCA Animal Hospital: veterinary care assistance programs for senior, disabled or ill pet owners, spay / neuter assistance Santa Cruz SPCA: Santa Cruz (pet food, spay / neuter assistance) Santa Maria Valley Humane Society: Santa Maria (spay / neuter assistance, microchips, pet food bank) SEAACA: Downey (veterinary medical care assistance, spay / neuter, vaccination assistance) Sequoia Humane Society: Eureka (spay / neuter assistance) SHARE Marin Humane Society: veterinary care assistance programs for senior, disabled or ill pet owners Spay Neuter Animal Network (SPAN): Ventura (spay / neuter assistance) SPCA for Monterey County: Monterey (pet food, spay / neuter and vaccination assistance) Tony La Russa's Animal Rescue Foundation: Walnut Creek (pet food, spay / neuter assistance, emergency veterinary assistance) VET SOS: San Francisco (free veterinary care and supplies for pets of the homeless) Voice for the Animals Foundation: Santa Monica (veterinary care assistance)

Group life insurance is used by business owners to cover employees or specific individuals.

The other main kind of life insurance is permanent life, which builds up cash value that policy owners can borrow against and eventually use to cover premiums for the rest of their lives.

One of the other things indexed universal life insurance policies are commonly used for is funding buy - sell agreements between two business owners.

Many business owners could use life insurance.

Life insurance is often used to make sure that the money is available to purchase the business interest at the owner's death.

The advantage of using universal life insurance to fund a buy sell agreement is that the cash value can be used for various purposes, such as a buyout of an owner for retirement or due to disability.

A common benefit option on life insurance policies wherein the policy owner allows the dividends from policy to be used for the purposes of accumulating cash values.

Many small business owners do not undertake the essential process of proper business succession planning based upon their ignorance of the ability to use life insurance as a tool to fund the buy - sell agreement.

Life insurance on the owners is often used to provide the funds to purchase the share from the deceased owner's estate.

However, it is not uncommon to see a buy / sell arrangement that has nothing but funding, meaning that, should one of the business owners die, a life insurance death benefit would be payable to the business (in an entity buy / sell) or the surviving partners (cross-purchase), which can be used to purchase the deceased business owner's shares or interests.

If an owner is using life insurance to buy out the partner in case he or she dies, permanent insurance like whole life or universal are likely the best choices to consider.

If you are involved in a business with a partner, it's possible that you have a buy / sell agreement in which each business owner purchases a life insurance policy on the other owner and then uses the death benefit to buy out the deceased owner's share of the business.

Funding vehicles such as life insurance and disability policies used to provide the liquidity needed if death or disability occurs or if an owner retires.

Many people use life insurance, and in particular cash value life insurance, as a source of benefits to the owner of the policy (as opposed to the death benefit, which provides benefit to the beneficiary).

Whole life insurance combines a level premium with guaranteed cash values which the policy owner may use to meet a variety of financial goals.3 Whole life insurance policies may also produce excess credits, which may be used to purchase additional paid - up life insurance, potentially increasing the available death benefit.

A business owner with permanent life insurance can use their death benefit to help ensure that the lights stay on long after their gone, but it can do more than that too.

For participating whole life policies, the interest charged by the insurance company for the loan is often less than the dividend each year, especially after 10 — 15 years, so the policy owner can pay off the loan using dividends.

Three key plans that are often used by business owners include buy / sell agreements, cross purchase plans, and the purchase of key person life insurance.

The government imposes limits to how much premium the owner can contribute to the policy in a given year in order to help ensure life insurance is used for its intended purpose, as opposed to a tax shelter.

Life insurance is frequently used for buy - sell arrangements, under which the proceeds of a policy are used to buy out the deceased owner's interest and compensate their heirs.

This rider is an excellent choice for a business owner in a buy / sell agreement uses life insurance as a funding source.

Additional Benefits Some life insurance policies include additional benefits that policy owners may use during their lifetimes.

High net worth individuals and business owners will often use permanent life insurance plans to account for estate taxes as well as business succession planning.

A life insurance policy can be used for business owners that require cash to begin a business or buy a company.

Life insurance is often used for business owners needing funds to purchase a company or begin a business.

The money received from accelerated death benefits may be used by the owner of the life insurance policy for any purpose he or she chooses.

Participating whole life policies (also called «par whole life») also issue a non-guaranteed dividend to policy owners, which is credited to their cash value, and is frequently used to purchase small amounts of fully - paid up life insurance.

Many businesses and owners use life and disability insurance to protect themselves from the risk associated with death or disability.

Successful business owners use life insurance as an essential means to protect their businesses but they also use life insurance as a vehicle to accumulate cash and future retirement income.

In the event an owner dies, the company receives the proceeds of the life insurance policy and uses the proceeds to purchase the deceased owner's business interest at a previously agreed upon price.

The type of life insurance policy to use depends on the desired objectives of the business or business owner.

Generally, when using a key man life insurance policy to secure a loan, a collateral assignment is utilized to ensure the bank or lending institution receives funds to cover the loan balance due in the event the key person or business owner dies.

However, an often overlooked use of key man life insurance is to provide supplemental retirement benefits to YOU, the business owner.

Business owner life insurance policies have long been a valuable tool for which small and large businesses use to reduce risk and to provide the basic financial foundation for continued success.

This way, if the sole business owner were to pass away, the life insurance proceeds could be used to keep the business afloat until the business is sold or a replacement is found.

Most business owners recognize the importance of life insurance and use it to solve many of the problems associated with maintaining and growing a successful company.

With the proper use of life insurance, a business owner can provide the liquidity needed to pay any estate taxes due at his or her death.

Additionally, in most states, cash value inside a life insurance policy is protected from creditors making it an especially effective tool for business owners to use to grow their assets.

Effective use of a buy - sell agreement funded with life and disability income insurance on the lives of each business owner can provide peace of mind and assure the owner's desires are satisfied.

Because there may be an undetermined amount of time in which the current owner will stay as a partner or shareholder, it is best to use permanent coverage to avoid any chances of lapsing where the life insurance wouldn't have the opportunity to take effect as planned.

Smart business owners use non-qualified executive benefit plans and other arrangements that use life insurance to provide tax managed benefits for themselves and their partners.

In addition to retirement planning, income replacement, and mortgage protection, Indexed universal life insurance is also quite common to use for funding a buy sell agreement between two or more business owners.