Sentences with phrase «permanent life insurance policyholders»

Accumulation options are available to participating permanent life insurance policyholders.

Many whole life or permanent life insurance policyholders choose to invest in equities in order to try to grow the cash value of the policy.

Northwestern permanent life insurance policyholders can expect to receive over $ 5.3 billion in dividend payments in 2018 according to its company representatives.

(Permanent life insurance policyholders may either borrow or withdraw cash value for any need that they see fit).

A permanent life insurance policyholder may be able to borrow or to withdraw these funds for any reason at all — including the payoff of debt, the supplementing of retirement income, or the assurance that a child or a grandchild will be able to pay for their college expenses.

Not exact matches

Another benefit of permanent life insurance is that unless the policy is surrendered prior to death, the policyholder is insured for life.

Permanent life insurance policies cover the policyholder for their entire life and build cash value beyond the death benefit.

Whole life insurance is a type of permanent life insurance that remains in effect for the entirety of the policyholder's life.

Also, as permanent insurance, the cash value account in universal life grows tax - deferred and can be accessed by the policyholder in the form of loans or withdrawals, subject to any applicable policy provisions.

All of Northwestern Mutual's permanent life insurance policies build cash value and you, as the policyholder, are eligible to receive dividends.

Whole life insurance (also known as permanent life insurance) covers policyholders for their lifespan (assuming they pay their premiums on time and in full) and may generate cash value over time.

Cash value insurance is permanent life insurance because it provides coverage for the policyholder's life.

Unlike term, a permanent life insurance policy will stay in force, unless it is canceled by the policyholder or the premium stops being paid for the coverage.

Permanent life insurance stays in effect until the policyholder dies and can accumulate cash value.

«Premiums paid to permanent life insurance grow tax - deferred and can be loaned back to the policyholder, tax - free in much the same way a Roth IRA works,» Price said.

With the AG Select - A-Term policy, the policyholder can also convert the policy into a permanent life insurance plan.

The first is a type of «whole life» insurance product (also called «permanent life» insurance) for which the policyholder's cash value is invested in one or more portfolios of securities.

Unlike term insurance, a permanent life insurance policy is good for the entire life of the policyholder.

With permanent life insurance policies, the policyholder receives both death benefit protection, and cash value build up.

This statistic leads me to believe that it only takes about three years before the term insurance policyholder realized they made a mistake and converted the policy to permanent insurance like indexed universal life.

A term conversion rider allows the policyholder to convert an existing term life insurance to permanent life insurance without a medical exam.

A universal life insurance policy, also known as a permanent policy, is a flexible type of life insurance that allows the policyholder to adjust the premium and amount of coverage.

Another key difference between permanent and term life insurance is that various types of permanent life insurance policies accrue cash value that can be accessed while the policyholder is living.

However, for anyone looking at permanent coverage options, there are significant benefits to working with provider, such as Mutual Trust Life Insurance Company; financial strength, diversity in product, and unique policyholder benefits are top notch.

Variable Universal Life Insurance (VUL) is a permanent type of Life Insurance combining the essential features of Variable Life Insurance and Universal Life Insurance, thus allowing the policyholder to allocate premiums to different investment options, to build up cash value and to determine when and how much you invest in your policy.

The policyholder can purchase additional permanent insurance at certain ages, or after various life events like getting married or having a baby without medical examination.

Other types of permanent life insurance are also alternatives; they last for the policyholder's entire life, as long as premiums are paid, rather than expiring.

A permanent life insurance policy where the policyholder controls the premium and death benefit amounts.

Surrendering a permanent life insurance policy results in the carrier paying the policyholder any cash value in the policy.

However, the right choice between permanent insurance / cash - value insurance products (whole life, universal life, etc.) and term life insurance also depends in large part on the circumstances and mindset of the policyholder.

Whole life is a type of permanent insurance that provides coverage for the entire lifespan of the policyholder.

For those who may wish to have permanent life insurance coverage in the future, the Lincoln TermAccel policy may be converted over into a permanent life insurance policy if the policyholder moves forward with such a conversion by the end of the term's coverage or by age 70 (whichever occurs first).

Permanent life insurance or whole life insurance provides coverage for the entire duration of a policyholder's existence.

Dividends are paid to the policyholders under a participating permanent life insurance policy.

Cash - value insurance is also known as permanent life insurance because it provides coverage for the policyholder's entire life.

Permanent life insurance coverage is very comprehensive and provides guaranteed lifetime coverage for the policyholder.

Because older policyholders will pay higher premiums on insurance in general, permanent life insurance offers very competitive premiums later in life if qualified for at a young age.

Whole life insurance is a type of permanent life insurance that remains in effect for the policyholder's entire life, as long as the premiums are paid.

Cash surrender value is the accumulated portion of a permanent life insurance policy's cash value that is available to the policyholder upon surrender of the policy.

Permanent life insurance never expires — as long as premiums are paid, it is valid for the entirety of the policyholder's life, and is only paid out when they die.

For example, under a Permanent Life Insurance contract a policyholder can be subject to increased premiums, decreased death benefits and decreased cash value.

Convertible Term allows the policyholder to convert from the Term policy to a Permanent Life Insurance policy without additional evidence of insurability.

We're a national life insurance agency licensed in all 50 states that helps term life insurance policyholders covert their policies into permanent ones.

At an older age and under different life circumstances this form of Term Life Insurance may not be insufficient and policyholders may decide to upgrade their coverage to a Permanent Life Insurance policy with investment value that will enable them to cater for their long - term nelife circumstances this form of Term Life Insurance may not be insufficient and policyholders may decide to upgrade their coverage to a Permanent Life Insurance policy with investment value that will enable them to cater for their long - term neLife Insurance may not be insufficient and policyholders may decide to upgrade their coverage to a Permanent Life Insurance policy with investment value that will enable them to cater for their long - term neLife Insurance policy with investment value that will enable them to cater for their long - term needs.

Because the dividends earned on the permanent life insurance are based on national interest rates, the policyholder could be on the hook if rates drop or term prices go up.

Convertible Term Insurance allows the policyholder to change the face value of the term policy in force into a permanent form of Life Insurance, such as Whole Life, Universal Life or Variable Life, without any penalties or evidence of insurability.

Both whole and universal / unbundled life insurance are types of permanent life insurance and have a cash value component in which a portion of each premium payment is saved and invested on the policyholder's behalf.

Permanent life insurance contracts differ from term not only in their duration but also in providing policyholders a benefit that can be used while they are still alive, known as a policy's cash value.

The advantage of term insurance is that even though premiums increase with the age of the policyholder, they are still cheaper than permanent life insurance.

All of Northwestern Mutual's permanent life insurance policies build cash value and you, as the policyholder, are eligible to receive dividends.