Sentences with phrase «value insurance because»

This is useful in a few instances, but the vast majority of people shy away from purchasing cash value insurance because the premiums are significantly more expensive than Indiana term life insurance policies.

In fact, permanent insurance is often referred to as cash - value insurance because these types of policies can build cash value over time, as well as provide a death benefit to your beneficiaries.

In fact, permanent insurance is often referred to as cash - value insurance because these types of policies can build cash value over time, as well as provide a death benefit to your beneficiaries.

Not exact matches

That's because, as the name implies, cash - value life insurance policies accumulate value over the policyholder's lifetime.

Because of the company's ever - increasing book value, insurance costs are high, so Bunn is currently funding a portion of the shareholder - buyout agreement through a combination of tax - advantaged vehicles.

Variable and universal life insurance policies are often favored because they allow you to use the policy's cash value to pay premiums.

A primary reason whole life insurance is more expensive than term is because of its cash value.

This option is usually only available with universal life insurance policies and is somewhat risky because your policy will lapse if its cash value reaches zero.

That's important because a large part of Uber's value (maybe it's only true value) hinges on the fact that it doesn't employ its drivers — that means no payroll taxes, benefits costs or insurance.

The exception is homeowners who were forced to purchase taxpayer - backed mortgage default insurance from Canada Mortgage and Housing Corp. (CMHC), or its main private sector rival Genworth Canada, because they put down less than 20 per cent of their home's value.

Term life insurance is cheap because it's temporary and has no cash value; in most cases, your family won't receive a payout because you'll live to the end of the term.

In late 2016, Kim chose to resign her CFP certification because of her beliefs that the CFP Board does not recognize the importance and value of insurance planners who choose not to apply for CFP certification.

For seniors, the cash value of whole life insurance is less valuable because you have fewer years during which it will grow with interest.

However, because the premiums for term insurance become more expensive as you get older, cash value insurance, which has level premiums, may be the more economical option if you want coverage throughout your life.

Even using the $ 61 number, AIG stock at $ 58, to us looks inexpensive because we believe that an insurance company with a valuable brand name ought to be worth somewhat more than book value.

Because a key factor in the cost of auto insurance is your vehicle's value, used cars tend to boast lower premiums than new ones.

Term life insurance is affordable because it does not accrue a cash value and only pays the death benefit.

Conventional fixed - rate mortgages are a popular option because it allows to get rid of mortgage insurance once your loan balance is 80 percent or less of the home's value... MORE

Just because you got the couch for free doesn't mean replacing it will be free, and Ohio renters insurance pays for replacement cost, vs actual cash value, to replace your personal property after a loss.

Because the management values a peaceful and calm community, Denver, CO Renters Insurance is offered in order to make sure that everyone can make good on the cost if they cause injuries or property damage to another resident.

There are more claims because home values have been falling and unemployment levels have been rising, meaning that ALL mortgage insurance plans have faced more claims.

Variable and universal life insurance policies are often favored because they allow you to use the policy's cash value to pay premiums.

Because the average cost of renters insurance is not much different than the average cost of one pizza delivery a month, there is significant value in having renters insurance.

This could mean a substantial difference in the amount an insurance company pays out for a crash because new motorcycles significantly decrease in value the moment once they are driven off a lot.

Because you have renters insurance in Montana, you're covered to replace things like stolen items if someone steals something of value to you.

Can you imagine thinking you got a deal on your renters insurance in Allendale, and then realizing after a massive fire loss that the reason you got the deal is because you only have actual cash value coverage?

Some insurance companies promote these insurance policies as a college savings vehicle because the value of the policy is sheltered from financial aid need analysis formulas.

Because of the accounting rules, insurance contracts could be valued at book, not market, and so Guaranteed Investment Contracts [GICs] were sold to 401 (k) and other DC plans.

Your renters insurance policy is written with actual cash value because that's the base default coverage.

Here's the formula: Loan amount ÷ appraisal value or purchase price (whichever is less) For example: The home you want to buy has an appraised value of $ 205,000, but $ 200,000 is the purchase price The bank will base the loan amount on the $ 200,000 figure, because it's the lower of the 2 You have $ 40,000 for a down payment, so you need a $ 160,000 loan to meet the $ 200,000 purchase price Your loan - to - value equation would look like this: $ 160,000 ÷ $ 200,000 =.80 You multiply.80 by 100 % and that gives you an LTV of 80 % Private mortgage insurance (PMI) If your down payment is lower than 20 %, your loan - to - value ratio for conventional financing will be higher than 80 %.

If neither the insurance company nor you want or need the recovered property, for example because of its diminished value or condition, disposal of the property is on you as the insured once the company has consented to the same.

Because its value is higher, you will pay more in sales tax as well in insurance.

If you think an exchange rate is wrong (for example, if you think the value of the US dollar is being undermined by excessive spending and it's only temporarily high because of the demand created by bailouts) it might be cheaper to just hedge it separately and profit directly if you're right or get insurance at a lower cost.

As the nation's only full - service insurance provider dedicated to the needs of renters, we create these guides because we believe in education as part of our core values.

Unlike regular «forward mortgages,» a reverse mortgage is essentially a huge negatively - amortizing loan — the loan balance increases because borrowers are not making monthly payments — it follows that if the loan balance increases and the value of the property declines then the FHA can be stuck with big insurance claims.

That's an important consideration, because some actual cash value renters insurance in New Jersey will only pay you what the property is «worth» based on depreciation.

Because we advocate using permanent life insurance for tax advantaged cash value accumulation through paid up additions AND other approaches, we suggest that convertible term will allow you increase your base of permanent life insurance as your needs and budget increase.

Whole life is the optimists life insurance policy because you know you are going to live well into your 90s so having a policy that builds cash value and lasts your whole life is the far better choice.

Cash - value insurance is also known as «permanent» insurance because it is sold for indefinite periods.

A primary reason whole life insurance is more expensive than term is because of its cash value.

Make sure you ask for renters insurance replacement cost coverage — Effective Coverage strongly encourages this because you don't want the depreciated actual cash value of your property — you want an amount of money that will allow you to replace the property with new of like kind and quality.

People often wonder if it makes sense to get cash value life insurance because it costs more than term life.

When cash value accumulates inside a permanent life insurance policy, tax advantages are allowed under current rules because it is a life insurance policy.

By nature, term life insurance can not contribute to funding retirement or providing future capital for investment because it doesn't build cash value.

It is important to recognize that SIPC protection is not the same as protection for your cash at a Federal Deposit Insurance Corporation (FDIC) insured banking institution because SIPC does not protect the value of any security.

Failing to purchase a renters insurance policy because you don't own many valuables is a mistake for two reasons: Almost everyone's personal belongings are worth more than they estimate and this philosophy completely disregards the value in liability and loss of use coverage.

The float pools are valued separately because they are different types of insurance businesses and as such, may potentially have different float costs and growth rates.

All these policies are significantly more expensive, easily 10 times the cost of term insurance, because they offer lifetime coverage and have a cash value component.

But if you pay the minimum, and the policy struggles because there are a few bad years in the beginning, you may find yourself down the road with too little cash value to compensate for the increasing cost of insurance associated with your age.

But the borrower can never owe more than the value of the home because the lender and mortgage insurance, private or governmental, would have to absorb the difference.