Sentences with phrase «years of due premiums»

Lapse: Failure to pay three years of due premiums within the Grace Period will result in the policy lapsing.

Not exact matches

Samsung's premium smartphones typically release with software that was introduced the year prior, but due to Android's heavy version fragmentation, the Galaxy Note 9 would likely be one of few smartphones running Android Oreo.

Sales dived by 9 % in first quarter of its financial year, largely due to one big problem: A crackdown on corruption in China, which has led to plummeting sales in China for luxury brands and premium spirit makers.

Apple «s launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as fans held out for the premium iPhone X, due out in early November.

Of the $ 3.2 billion year - over-year improvement, budgetary revenues were up by $ 3.9 billion, primarily due to higher personal income tax revenues (up $ 3.4 billion, reflecting increases in employment and average wages) and employment insurance premiums (up $ 1.6 billion reflecting higher premium rates and an increase in maximum insurable earnings).

And many borrowers will end up paying the annual premium for the life of the loan, due to a new cancellation policy introduced last year.

A good portion of the turnover this year was due to several holdings being acquired at substantial premiums to our cost basis.

If you have a year with high income, even if it was due to a one - time event such as the sale of a piece of property, it may cause your Medicare Part B premiums to be higher two years later.

Since I went on obamacare in 2014, the premiums have gone up 110 %, and the two insurance providers where I live just applied for a 50 % hike, due by the first of the year.

Beyond this year's premiums, future New York taxpayers are on the hook for the rest — a quarter of a trillion dollars» worth of benefits, due to flow for decades to come.

Established 16 years ago, this platform has grown to one of the most popular mature websites mostly due to the presence of the inexpensive premium subscription solutions and the useful features.

However, I look forward to the revised car due next year for the interior — while it is very well executed, the black plastics on the center console and stack have always struck me as cheap - looking and too abundant for the interior of a premium luxury car.

From the sub - $ 20,000 pre-on-roads entry - level Go model to the premium CRDi and SR turbo - petrol T - GDi (both $ 33,950), the price spread is tightly contained — although the new 202kW N model, starting at $ 39,990 and due for launch at the end of this year, will stretch it a little more.

While the company replaced the older Passat with the new generation after some years, the premium sedan was then discontinued from the market owing to lack of sales, largely due to a lot of competition in the same price range.

Now in its final year of production (and due to be replaced by the XT5 for the 2017 model year), the Cadillac SRX provides a respectable amount of total cargo space for families seeking premium accommodations.

The 4th generation of the 5 Series Touring, due to arrive on Australian shores in October this year, stands out with powerful design aesthetics, modern premium - level functionality and typical BMW driving dynamics combined with exemplary efficiency.

It's important to note here that in addition to the 3 months of homeowners insurance collected for your escrow accounts, a full year of homeowners insurance will also be included in your closing costs as a prepaid item, since the first year's policy premium is due up front.

Prepays: The lender may collect certain expenses at closing in advance of when they are due, such as collecting one full year's premium for mortgage insurance and / or hazard insurance to set up the escrow accounts.

Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the customer.

Premiums are paid up - front at closing with nothing due over the remaining years of a loan.

The starting face amount is $ 800,000 on an annual premium of $ 9,355 a year for 10 years, at which point no more premiums are due.

Thereafter, 1 / 12th of the yearly premium will be paid each month so the lender has enough in your escrow account to pay for the next years premium when due.

At the end of the year, those eligible for premium assistance tax credits will be required to reconcile the actual credit that should have been earned based on actual income that year, with the amounts that were subsidized to the exchange, and receive either a refund (if more credits are due) or owe an additional tax obligation (if the subsidies were «overpaid» relative to the actual credit earned).

These sheets calculate the (annual) figures for: • Accrued interest that needs to be returned to the seller after settlement • Net bond basis • Original discount or premium • Annual (pro-rated) amortization of bond premium using both Constant Yield and Straight Line amortization, as required by the IRS • End - of - year basis • Annual coupons • Estimates of taxes due on coupons • Estimates of differences in taxes paid vs. not amortizing premiums • Capital loss or gain upon sale before maturity

And we're seeing portfolios that have bonds that are trading at premiums, that have higher coupons, that have 20 -, 25 -, 30 - year maturities, but the duration calculation is based on the current interest rate and those bonds coming due in the next two years or three years because of call provisions, etc..

Three of the top factors used in evaluating a policy include the face amount (death benefit), the amount of premiums due each year on the policy, and the life expectancy of the insured.

If death during the first two years of coverage is due to non-accidental causes (other than suicide), the benefit payable will be equal to all premiums paid plus 10 % interest compounded annually.

However, if your insurance policy lapses due to non-receipt of your insurance premiums within the first three years, it can be revived (re-instated) within two years from the date your life insurance coverage lapsed.

If total disability begins on or after the insured's age 60, premiums due will be waived while total disability continues and until the later of: the insured's age 65; or one year after total disability began.

Because 85 year old funeral insurance premiums are high due to your age, you may be pondering the idea of saving up your money instead of investing it into a burial insurance plan.

This policy provides a graded benefit, which means that if death of the insured that is due to natural causes — in other words, death that is caused by means other than an accident — during the first two years in which the policy has been in force, the named policy beneficiary will only receive back all of the premiums that were paid in, plus 10 percent, as versus the face amount of the policy.

The state of Texas has been hit hard with insurance premiums due to the storms in the past few years.

Nonforfeiture Values For more than 100 years, insurance regulators have required that permanent life insurance policies have certain equity rights, even when the policy might lapse due to non payment of premiums.

Loyalty Additions: Get Loyalty Additions every year from end of 6th policy year till maturity for both premier and online options, provided your policy is in force and all due premiums till date have been paid.

Get Loyalty Additions every year from end of 6th policy year till maturity for both premier and online options, provided your policy is in force and all due premiums till date have been paid.

We will not pay a Guaranteed Acceptance Benefit if your death is due to: • Use of drugs, impaired vehicle operation or commission of a criminal offence; or • Suicide within 2 years from the effective date or reinstatement date, in which case, we refund 100 % of the premiums paid up to that date without interest4.

The insured applies to renew his plan within 2 years from the date of first unpaid premium due date.

That average cost is due as premium for each of the twenty years to keep the $ 100,000 death benefit in force.»

The revival of a lapsed or discontinued policy is possible if the policyholder submits a request for reinstatement within a timeframe of two years from the date of the first unpaid premium and pays all due premiums.

Alternatively, some plans may ask the premium to be paid for a certain number of years and then a reduced premium paid as the rest of the premium are deducted from the payouts due to the insured party.

This is mainly due to the high percentage of the premiums paid out in commissions during the first 10 — 12 years.

The renewal of lapsed policy can be done if the insured submits a reinstatement request within a period of 2 years since the date due for the payment of first unpaid premium.

Provided all due premiums have been paid, Future Generali will declare a compound reversionary bonus starting from the first year, which will be applied as a percentage of the Sum Assured and all previous bonuses that may have been declared.

Limited pay policies may be either participating or non-par, but instead of paying annual premiums for life, they are only due for a certain number of years, such as 20.

Term life policies provide coverage for a set number of years — and usually, during this time period, both the proceeds and the premium due will remain the same.

The renewal request is received within 2 years from the first unpaid premium due date, before the date of maturity.

The policy acquires Paid Up Value if premiums are paid for a minimum of three policy years and no further due premiums are paid.

Term life insurance policies only cover the policyholder for a certain, preset number of years, after which they expire and the policyholder will have to buy a new policy, often at increased premiums due to advanced age.

On the other hand, Floridians pay an extra $ 1 billion per year due to fraud - inflated premiums for personal injury protection, a December report by the state's Office of the Insurance Consumer Advocate found.