Sentences with phrase «without life insurance in place»

You'll encounter many people asking for help with the costs of funerals and taking care of their children because a parent suddenly died without any life insurance in place.

Not exact matches

When you have a renters insurance plan in place, you will have the ability to avoid any large losses, and you can continue your day to day life in AL without unnecessary worry.

Avoid Modified Endowment Status: If the subsequent premiums paid into the new policy, other than the exchange proceeds, are within the new 7 - pay limit, then a 1035 Exchange of a life insurance policy allows the policy owner to place the original contract's entire value in the new policy without creating a modified endowment contract, or MEC.

It also protects your assets that you may deplete to cover living expenses without insurance coverage in place.

If your home burns to the ground, most of us would be in a bind to pay for a new place to live, replace all our belongings, and have the money to rebuild without the help of insurance.

It would be irresponsible for us to make any «recommendations» without knowing more about you or your life insurance policy that you currently have in place.

The most valuable feature of VGLI is that, so long as you have coverage in place, you can convert it to a whole life insurance policy at a top insurer without demonstrating your health.

New Orleans is the place that is famous for Mardi Gras and big parties but it's not a place to go without homeowner's insurance and flood coverage especially if you live in a low lying area.

The virtue of the endow - at - age - 100 structure of «permanent» life insurance is that it provides a means for coverage to remain in place for life, without having the cost of insurance charges become prohibitively expensive at the end.

Having sufficient life insurance coverage in place is absolutely essential — without it family members will suffer not only a devastating emotional loss but serious financial hardship as well.

Without recapping that entire article, some of the major reasons why someone would want to have permanent cash value life insurance in place would be for:

If you already have an amount of insurance in place, voluntary life insurance could be a way to supplement this for an affordable price and without having to worry about all the finer details of the agreement.

However, having a life insurance policy in place can help your family carry on and put you to rest without having to worry about future bills or the cost of your funeral.

And a senior citizen living in a place of her own who has spent her whole life gathering the things she owns would be hard pressed to move forward without Gaithersburg renters insurance in the event of a total loss.

Without a graded death benefit in place, insurance companies would simply be unable to offer guaranteed issue life insurance policies simply because they would have no way of knowing if they were accepting life insurance applications from individuals who were gravely ill.

Even if you are renting using second hand furniture or if you are living in a place in Arboretum that is fully furnished, you still have a lot to lose if you are without Texas renters insurance protection.

Having Austin rental insurance protection in place for those things you can not control in life allows you to continue on through without taking too many steps backwards.

If you don't have have a policy in place, you may wish to buy term life insurance to cover the years until your children are able to support themselves without help from you (or your former spouse).

Julie's situation is incredibly sad, but with good renters insurance in place, she could have safely moved on with her life and started over without this much difficulty.

If you plan ahead, and put the proper life insurance plan in place, your family will have the time they need to grieve your loss without worrying about how they will pay for your funeral, pay the bills, your outstanding debt, and still afford to maintain their lifestyle and remain in the home they shared with you.

Without the right business life insurance or buy / sell life insurance policy in place, the partnership can remain tricky long after the deceased partner is gone.

The thought goes against the grain of the concept of why we carry life insurance in the first place — to protect the family provider, the main breadwinner, or a spouse who provides caregiving services in the household — should they die and leave the family without financial support.

Another common practice is to include a clause in the separation agreement that if the person dies without a life insurance policy in place, then his or her ex has a first charge on the estate for the amount of the required policy.