Settlement options

Settlement options

The various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.

Settlement Options

Any of a number of possibilities for the beneficiary of a life insurance policy to receive payment. Among the options are the reception of a lump sum, monthly payments for a certain number of years, smaller monthly payments for the remainder of the beneficiary's life, and leaving the benefit with the insurance company and collecting interest with the option of withdrawing the principal at any time.
References in periodicals archive ?
On the other hand, debt to asset swap solutions are on the rise as financing companies continue to offer alternative settlement options to defaulting clients although such solutions only provide temporary relief considering regulatory requirements to unwind 'acquired' assets in the short term which emphasises the need for a specialised team to manage and wind-down such non-strategic assets that are usually left without proper attention as focus is usually driven towards bread and butter of the core business operations.
The three nations' central banks said that the move would cut transaction costs, offer trade settlement options and boost efficiency.
India not only refused to accept any of the amendments proposed by Pakistan but also refused to agree to any of the dispute settlement options proposed by the World Bank," an official source said.
The settlement came on the eve of what would have been the fourth in a series of test trials intended to help the automaker and the plaintiffs define settlement options in 234 injury and death lawsuits consolidated in Manhattan federal court.
These transactions could include annuitized settlement options, IRC Section 1035 exchanges, changes of ownership, payment to a beneficiary upon the death of the annuitant/owner, lifetime withdrawals from the annuity contract etc.
Some of such projects have fully been sold after less than a day of their launch, with easy settlement options of 1% interest over seven years.
While courts in New York and London are still the preferred settlement options, DIFC has decided more than 500 cases.
A Markman ruling will give the parties a meaningful roadmap for the ongoing litigation, including a useful tool in assessing settlement options.
The seminar was attended by over 500 immigration aspirants and the experts provided customised solutions on various avenues of career opportunities and employment, attractive job offers for aspirants and spouses coupled with settlement options in Canada, Australia, the United States, the UK and Europe.
I commend both the union and management who are both open and receptive to the proposals to exhaust all possible settlement options, Baldoz added.
As a Certified Divorce Financial Advisor, I work with clients and their attorneys to evaluate the short- and long-term financial and tax implications of proposed settlement options.
As a CDFA, Michelle is trained to provide financial information and assistance to those going through divorce to include evaluating the implications of dividing property and the settlement options for dividing pensions, retirement plans, marital property, and awarding of child and spousal support.