Sentences with phrase «years of the policy exceed»

Whole life insurance premiums in the early years of the policy exceed the insurance costs of the company.

Whole life insurance premiums in the early years of the policy exceed the insurance costs of the company.

Not exact matches

Because the higher standard deduction will exceed the value of itemized deductions for many taxpayers, the Tax Policy Center estimates that more than 25 million families will stop itemizing in 2018 — that's more than half the number of people who have itemized in recent years.

Our fundamental findings from an analysis of the 3rd - and 4th - grade data for these two years indicate that the performance of students identified for retention, regardless of whether they were retained or exempted and promoted, exceeded the performance of low - performing students from the previous year who were not subject to the retention policy; and students who were actually retained made the larger relative gains.

The rider terms range from 5 years to 57 years, however the term can not exceed the Premium payment term of the Base Policy.

If more than one withdrawal is taken in a policy year and the sum of all withdrawals taken during that year exceeds the above limitation, the withdrawal charge and MVA will apply to each withdrawal, including the first one.

During the first seven years of the policy, the total you pay into it must not exceed amount that would spend to pay off the policy in seven years.

In the policy later years when costs exceed your premiums, those reserves are then used to handle the additional cost of life insurance at the later ages.

Because the higher standard deduction will exceed the value of itemized deductions for many taxpayers, the Tax Policy Center estimates that more than 25 million families will stop itemizing in 2018 — that's more than half the number of people who have itemized in recent years.

For example, a single person can purchase a qualified plan with a $ 5000 deductible; however, that person's maximum HSA contribution would still be limited to that year's cap (see above) for single coverage (Note: the in - network out - of - pocket max, including the deductible, for your HSA qualified policy may not can not exceed the out - of - pocket maximum allowed by federal law.

In this example, the present value of the death benefit exceeded the present value of the premium payments — i.e., the sum total of each year's discounted cash inflows / outflows is positive — and so the policy is sellable.

(Sec. 145) Amends the Energy Policy Act of 2005 to: (1) revise the energy efficiency public information program to make it into a Smart Grid and energy efficiency program and extend such program to 2020; (2) require the Secretary to report to Congress on such program for each year when appropriations exceed $ 10 million; (3) change such program's termination date to December 31, 2020; and (4) authorize $ 90 million for such program for each fiscal year through FY2020.

The policies of internal management in our organization met all the declared targets last year, which yielded results that exceeded expectations desired for us and for our clients.

You also run the risk that the claims made against you in any one year could exceed the $ 1 million per claim / $ 2 million in the aggregate policy limits of the primary LAWPRO insurance program.

For a period of time during the 1980s and» 90's, it was not uncommon for the annual dividend to exceed the total premium at the 20th policy year and beyond.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policyPolicy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policypolicy's Special Surrender Value at the close of the relevant policypolicy year.

In the other 48 states, the coverage limits are $ 1 million per occurrence, per policy year, each location is limited to $ 1 million and the aggregate of a policies claims can not exceed $ 10 million.

Annual policies cover unlimited trips of the insured made during the entire year provided each trip does not exceed a certain number of days (usually 90 days).

Oregon PIP insurance will provide coverage for all necessary and reasonable medical expenses incurred within two years of the accident, so long as they don't exceed your policy limit.

Any sum received other than as death benefit under an insurance policy which has been issued on or after April 1 2003 and if the premium payable in any of the years during the term of the policy does not exceed 20 % of the sum assured.

According to the new norms, in case of short - term Ulips with a policy term of 10 years or less, the spread between the gross yield and the net yield can not exceed 3 per cent or 300 basis points.

For insurance policies issued on or after April 01 2012, exemption would be available for policies where the premium payable for any of the years during the term of the policy does not exceed 10 % of the actual capital sum assured.

For long - term Ulips with a policy term of more than 10 years, this spread can not exceed 2.25 per cent or 225 basis points.

If the cash value in a contract exceeds the specified percentage of death benefit, the policy no longer qualifies as life insurance at all and all investment earnings become immediately taxable in the year the specified percentage is exceeded.

In the policy later years when costs exceed your premiums, those reserves are then used to handle the additional cost of life insurance at the later ages.

In case if the life insurance policy is issued after 01.04.2003 but before 31.01.2003 then as per section 10 (10) D the policy proceeds are taxable if the premium paid any year exceeds 20 % of the actual sum assured.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policyPolicy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policypolicy's Special Surrender Value at the year end of the relevant policypolicy year.

Premium The premium for policies for the elderly is usually high, because the age of the life to be insured exceeds 60 years.

If the policy tenure has not exceeded 1 year and the policyholder commits suicide during this time, only 80 % of premiums paid are refunded to the nominee.

As you get older, the rising cost of a traditional universal life insurance policy often exceeds the cash value you have accumulated over the years and this may cause your policy to lapse.

The amount of a surrender charge varies by insurer and type of policy, but it is not uncommon for it to exceed the total amount of your first - year premium.

If the annual MEC limit is $ 5,000, then the policy owner will exceed the $ 24,000 limit in the fifth year of the policy.

The minimum partial withdrawal amount is Rs 5,000 and the maximum limit for such withdrawal during a policy year should not exceed 25 % of the total fund value available at the beginning of the policy year.

If the annual premium payable exceeds the specified percentage of the actual sum assured, then the whole amount of policy payouts would be considered as income and become taxable in the year of receipt.

Under section 10 (10D) of Income Tax Act, 1961 maturity benefits are tax free in the hands of policyholders if, at any point of time during the policy term, premiums paid in any year do not exceed 20 % of the basic Sum Assured.

However any sum (not including the premium paid by the assessee) received under an insurance policy issued on or after the 1st day of April, 2003 in respect of which the premium payable for any of the years during the term of the policy exceeds 20 % of the actual capital sum assured will no longer be exempted under this section.

Over the past many years NSA has grown organically; policy holder by policy holder, referral by referral with their mission of exceeding their client's expectations.

If the policy proceeds are not eligible for exemption under Section 10 (10D) of the Act and your total payout value (policy proceeds due to you from Exide Life Insurance) for a financial year exceeds Rs. 1 lakh, then the tax deductions will be as under:

The rider terms range from 5 years to 57 years, however the term can not exceed the Premium payment term of the Base Policy.

However the sum assured under the base plan and top up across all policies shall not exceed Rs 5 lacs, if the age of the life assured at the time of payment of top up is less than 12 years.

Hence, for any new policy purchase, where annual premium for any year during term of the policy exceeds 10 % of the sum assured, the insurance proceeds (other than in case of death) will be taxable.

The maximum rider premium for standard life is Rs 46,287 for age at entry of 65 years, rider term 5 years and SA 15 lacs.The Term Rider Plus Rider premium shall, in no case exceed 30 % of premiums (including extra premium, if any) payable under the base policy.

«That said, four years after the Office of Management and Budget issued its «Cloud First» policy, aspirations exceed implementations at many agencies,» he told the E-Commerce Times.

Front Desk Supervisor — Palm Tree Inn — Galveston, Texas — February 2015 to Present • Train employees to welcome, check in, and check out guests with patience and respect • Resolve guest concerns in accordance with hotel guidelines and policies for 178 - room establishment • Exceeded job requirements and expectations, as evidenced by two promotions in two years • Greet and assist all VIP guests • Monitor telephone, website, and e-mail communication, including reservations and cancellations Front Desk Supervisor — Hadley Historical Hotel — Austin, Texas — September 2011 - September 2014 • Coordinated with front desk team and various hotel departments to ensure consistency in delivering high - quality service • Oversaw and directed cash and credit handling policies • Assisted manager with hiring, training, scheduling, and reviewing staff of 14 employees • Implemented and conducted weekly meetings for front desk team to promote culture of inclusivity and communication for greater employee retention • Awarded Employee of the Year in 2012 and 2013

Professional Summary Technical customer service professional with over 10 years of experience in new... mentored new and existing employees in new accounts service processes and company policies in both classroom... floor support during system conversions Exceeded service levels and received numerous commendations throughout

Sales Manager — Duties & Responsibilities Experienced sales manager with expertise in sales, marketing, and customer service across a variety of industries Recruit, train, and direct staff ensuring they understand the brand and adhere to company policies and procedures Set and strictly adhere to departmental budgets and timelines Consistently exceed sales goals through networking, in personal sales, cold calling, and other tactics Increased new account generation and sales by 300 % within one year at Decisionmark Recognized and promoted for exceptional sales results, team management, and customer service Conduct research on prospective leads and existing clients to assist in developing sales strategies Craft effective sales presentations and proposals, tailoring them to clients based on their specific needs and styles Collaborate with junior level sales people to develop action plans to govern their performance Develop and lead training in customer service and sales best practices resulting in enhanced team skill sets Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Build and strengthen relationships with key clients, partners, and community leaders Provide exceptional customer service resulting in client satisfaction and repeat business Proficient in Photo Shop, SalesForce.com, Microsoft Office Suite, and other computer software Represent company brand with poise, integrity, and positivity