Sentences with phrase «access to the cash value by»

With a surrender, you can gain access to the cash value by terminating the policy altogether, but you incur the taxes due on the gains within the policy.

You have access to the cash value by taking a withdrawal or by using the cash value as collateral and taking out a life insurance loan.

Not exact matches

Returns are guaranteed and, in the event you have an emergency and need access to money, you can either access the policy's cash value through a loan or by surrendering the policy.

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.

Universal life insurance policies offer flexible premiums that may allow you to adjust how much you'll pay each year by accessing some of the policy's cash value (though you will need to pay the minimum premium amount or the policy will lapse).

LoanMart has a fast and simple solution for quick cash needs — an Auto Equity Loan that allows a borrower to gain access to money in a relatively short amount of time by using the value of a paid off automobile as collateral.

Our Car Title Loans is a fast and simple solution to fit your emergency cash needs that allows you to gain access to cash in a relatively short amount of time by using the value of your paid off automobile as collateral.

By contract, the employees access to the cash value can be restricted to a future date such retirement or after a set amount of time as an employee.

Instead, he stated this negative spread was worth the value of the liquidity the consumer would have by having access to this cash.

This is accomplished by gaining access to a portion of your universal life policy cash value.

This is accomplished by using loans to access the cash value in the policy and allowing your money to continue to grow inside the policy.

In fact, according to a recent survey by Allianz Life Insurance Company of North America, more than half (51 %) of respondents said they were either unsure or did not believe life insurance could provide living benefits such as access to potential cash value accumulation to help fund college education, supplement retirement or other financial needs.

The policyowner has access to the cash value component by way of loans at any time.

Plus, even though there will be interest due on your borrowed funds, accessing your policy's cash value by borrowing can allow you to benefit financially in other ways, such as:

The life settlement industry now allows seniors who own policies that are no longer needed or affordable a way to get more cash from them than they could by simply accessing the policy's cash value.

You have access to your cash value in case of emergencies through loans or by borrowing against your policy.

If the option exists to to take a withdrawal equal to 100 % of the cash surrender value, at Life Ant we generally like to see our clients access the surrender value in this way rather than by actually surrendering the contract.

By contract, the employees access to the cash value can be restricted to a future date such retirement or after a set amount of time as an employee.

Cash values can accumulate and can be accessed by the policy owner in case he decides to stop the policy.

Here, both the benefit amount and the premium may be changed by the policyholder (within certain guidelines), and the policyholder can also have access to the cash value.

Ohio also offers to keep your dividend scale the same even if you choose to access your cash value by a life insurance loan.