Sentences with phrase «without life insurance policy plan»

Top 10 Best Life Insurance Companies for Seniors Children really can not do without life insurance policy plan.

Not exact matches

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligatplan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligatplan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligatPlan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligatPlan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

You have the right to convert all or part of your CoverMe Term Life insurance policy to a permanent insurance plan without providing medical information or undergoing a medical examination at the time of conversion.

Many of the term life insurance policies that are offered through Mass Mutual can be transformed over into permanent life insurance plans, typically without the insured having to take a medical exam or prove insurability.

Because of its long lasting nature, a whole life insurance policy holder will never find himself or herself without a life insurance plan — regardless of how long they need the coverage or any adverse health conditions that they may acquire over time.

In some cases, you can convert your term life insurance plan into a whole life policy, without having to take a medical exam or answer any additional health questions.

Special needs or pre-Medicaid estate planning may be accomplished by making an irrevocable special needs trust the beneficiary of a life insurance policy, thereby providing necessary support to a dependent beneficiary without disqualifying them from public benefits.

Beneficiaries can be named on policies and plans such as life insurance, RRSPs, RRIFs (Registered Retirement Income Fund), and TFSAs (Tax - Free Savings Account) and those funds can pass directly to a beneficiary without going through probate.

But it comes with a drawback when you are looking for a term policy without medical exam as you will be proposed a guaranteed acceptance life insurance which is one of the most expensive plans out in the market.

The whole life insurance policy is a plan that you buy for a fixed number of years with a fixed premium rate, and it has the additional advantage of qualifying you for investment benefits against which you can borrow without being taxed.

If you've reached that stage, a burial insurance policy is an excellent option to still have insurance coverage without paying the massive premiums of a large life insurance plan.

When considering a final expense life insurance policy with other financial planning needs, these plans can serve as good alternatives for individuals who simply need a way to pay for their funeral and other related costs without disrupting estate assets and other savings or inheritance that is earmarked for their loved ones.

However, with a universal life insurance policy, you have the flexibility to adjust the death benefit (within the plan limits) up or down - without having to buy a separate policy.

And it goes without saying that no future planning for your family would be complete without seriously considering some kind of life insurance policy to ensure your survivors are financially set.

In certain cases, the insurance policy will include a provision that allows the business to change the insured individual, without the need to cancel the existing life insurance plan should there be a change in the company's employees.

So, if you have the conversion option and you are uninsurable for life insurance with another company, your exisiting company will allow you to exchange your term policy for a new plan of insurance usually offering a level rate without proof of health.

No financial planning is complete without a properly structured life insurance policy.

They also offer term life insurance plans they have a lot of potential add ons and conversion privilege, which means that you can always turn your Term Policy into a permanent plan without any new underwriting, so basically on a guaranteed - issue basis.

Conversion: Your term life plan may be converted to a permanent life insurance policy without evidence of insurability.

If you are planning to get a term life insurance policy without a medical exam, it probably isn't just a matter of convenience.

Without additional planning, the life insurance policy's death benefit will be include - able in the key executive's taxable estate.

Most life insurance policies without the medical exam are going to be term insurance plans, but you can find a whole life plan if you look hard enough, but those plans are going to be rare and much more expensive.

However, without understanding the different life insurance policies and how they fit into your overall financial plan you could make a mistake that will stick with you for the rest of your life.

Make sure your life insurance policy's rules specifically provide for automatic renewal of your life insurance without requiring a medical exam, before you sign up for your term life plan.

If you're planning on switching to whole life or universal life insurance once your term ends, it's best to choose a company that allows you to convert your term life policy, preferably without any medical exam required.

Special needs or pre-Medicaid estate planning may be accomplished by making an irrevocable special needs trust the beneficiary of a life insurance policy, thereby providing necessary support to a dependent beneficiary without disqualifying them from public benefits.

That means a single term plan will protect your life from all 3 types without looking for separate term plan, disability insurance and critical insurance policies.

With these term life insurance plans, a policyholder can obtain coverage with death benefits as low as $ 25,000 and a maximum face amount of $ 999,999 — and there is also the option to obtain a policy without the need for a medical exam for policies of up to $ 249,999.

Oftentimes, these plans are marketed to those who believe that term life insurance is the best type of coverage to own, yet don't want to take the chance that they will pay premiums into the plan for years without any type of return should they outlive the term of the policy.

Because term insurance policies provide only life insurance protection without any type of cash value or investment fund build - up, the premiums on these plans are typically quite low.

In some cases, you can convert your term life insurance plan into a whole life policy, without having to take a medical exam or answer any additional health questions.

There are, however, some term life insurance plans that will allow the insured to covert the policy over into a permanent life insurance option — sometimes even without the need to prove evidence of insurability.

In addition, there are some plans that offer you the option of buying a life insurance policy without having to take any health exam.

\ nA renewable policy allows the policyowner to renew the coverage simply by paying additional premiums before the termination date without having to provide evidence of insurability (i.e. proving good health) Note: most insurance providers limit the number of times you can renew such a policy or set an age limit for renewals so make sure to pay attention to this when shopping for term life insurance if you plan on renewing your policy for some time.

If you already have an insurance policy, and want to enhance the total live cover without spending too much, a term plan will suit you best.

Because term life insurance provides only death benefit protection, without any cash value or investment build up within the policy, these plans can typically be very affordable — especially if the applicant for coverage is young and in good health at the time that he or she is applying for such coverage.

It can be attached to select Exide Life Insurance traditional plans without any need of buying a new policy.

In Select Traditional Life Insurance Plans: You can save more in your existing policy to build a bigger maturity corpus without having to buy a new plan

With Nationwide Guaranteed Level Term you have the ability to convert your term life policy to a permanent life insurance plan without having to take a medical exam to prove your insurability.

Some term insurance plans allow you to convert your term life coverage to a permanent life insurance policy such as whole life without providing evidence of insurability.

The option of renewability allows you to renew your term life insurance plan at the end of the term, without having to take a physical exam to qualify for the new term life insurance policy.

F: There are different types of insurance plans, with and without investment.This child policy comes with a «life cover» as well as a «sum assured at maturity».

When using a term life insurance policy, the company will receive pure life insurance protection, without any type of cash value or investment build up within the plan.

The former is the kind of plan where the advantages are compensated to the known as recipients upon the lack of life of the cheap life insurance without medical exam policy holder.

A close relatives really can not do without Assurity life insurance for elderly over 70 policy plan.