Sentences with phrase «access to the cash value through»

¹ Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

¹ Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

Access to cash values through borrowing or partial surrenders can reduce the policy's cash value and death benefit, increase the chance that the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

UL also allows access to the cash value through loans and partial surrender.

Access to cash values through borrowing will reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

Not exact matches

As the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement income.

Whole Life Insurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawals.

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.

It's important to note that accessing the cash value through loans and partial withdrawals will reduce the cash value and death benefit.

If you decide to access the cash value through a loan or a withdrawal you will be taxed income - out - first like an annuity and if you do so before reaching age 59 1/2, you could face a 10 % income tax penalty.

Your NYL UL and NYL SUL policies have the potential to earn cash value, which can increase the death benefit your beneficiaries receive.2 Provided it's sufficient, your cash surrender value can be accessed through policy loans and partial surrenders1, 3 to buy a home, fund a child's education, or supplement retirement income.

You might need to access your policy's cash value through loans or withdrawals to meet wealth transfer or retirement planning needs.

The cash value of a whole life insurance investment policy can be accessed without having to jump through the various hoops that are necessary for a bank loan, including a credit check and reams of paperwork.

And in the meantime we have significant opportunity to bring in additional cash that exceed our expenses, both through the transaction related to AV411, both through keeping up with potential Genzyme milestone payments, and then basically giving us a free look at these M&A opportunities that could create significant value for the shareholder base and give them a chance to choose something that they might not otherwise have access to.

Whole life insurance policies also offer the ability for you to access your cash value through loans for future needs.

For those with children, any available cash value that a life insurance policy may have accumulated can be accessed through policy loans and withdrawals to help fund a variety of expenses ranging from day care to supplementing college funding.

You can also access you cash value through tax free life insurance loans, which allow you to borrow the funds from the carrier, using your cash value as collateral.

Clients can access the cash value through tax free loans and withdrawals, and they can choose how to build their portfolio.

Cash value can be accessed tax free through withdrawals up to your basis or via life insurance loans.

Contributions to a cash value option allow you to build a reserve that you may have access to through loan and withdrawal options.

Access to Cash: Once the premiums are accumulated, you can access your life insurance cash value through policy loan or withdrawals, for family opportunities, education, emergencies,Access to Cash: Once the premiums are accumulated, you can access your life insurance cash value through policy loan or withdrawals, for family opportunities, education, emergencies, eCash: Once the premiums are accumulated, you can access your life insurance cash value through policy loan or withdrawals, for family opportunities, education, emergencies,access your life insurance cash value through policy loan or withdrawals, for family opportunities, education, emergencies, ecash value through policy loan or withdrawals, for family opportunities, education, emergencies, etc..

The variable life products are offered through registered representatives to consumers who are looking to more aggressively grow cash value inside of their life insurance for later access or policy growth.

You might need to access your policy's cash value through loans or withdrawals to meet retirement planning needs.

Access the money through paid up additions withdrawal — it allows you to withdraw the cash value of the same in case of any need.

Your NYL UL and NYL SUL policies have the potential to earn cash value, which can increase the death benefit your beneficiaries receive.2 Provided it's sufficient, your cash surrender value can be accessed through policy loans and partial surrenders1, 3 to buy a home, fund a child's education, or supplement retirement income.

As the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement income.

This policy is issued to those aged 40 — 85, providing death benefits (from $ 2,500 to $ 50,000 depending on underwriting status), immediate full death benefit and level premiums, with accumulating cash value that can be accessed through policy loan or cash surrender.

You are also able to access your cash value that has been accumulated through withdrawals and policy loans.

Employees may choose to pay only the cost of insurance premium or to make additional payments to the cash value of a policy, which can be accessed through loans or withdrawals.

Affordable coverage for your entire life Level, fixed premium rates that will never change Building of cash value on a tax - deferred basis Access to policy's loan value1 through policy loans and withdrawals, if needed An option as part of your estate planning / funeral expenses The comfort that comes from knowing that you have secured the future for those counting on you

In many cases, unless there is a «restricted or controlled executive bonus», the key executive will have immediate access to policy cash value and may access that cash value without income tax through policy loans and withdrawals.

Had she used a combination of irrevocable trusts and cash value insurance to shelter $ 500,001 of her estate's value, her net worth would have remained the same, she could have accessed her investments through sheltered withdraws from her life insurance policies, and her estate would have been immune to the estate tax.

Non-resident alien has income - tax free access to the policy's cash value through loans and withdrawals up to the basis of the policy (the accumulated premiums paid).

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

Permanent life insurance policies generally enable a policyholder to build up a cash account; and, in an emergency, that money can be accessed through a loan against its value.

As discussed above, whole life insurance, as well as other types of permanent life insurance with cash value, allows access to the cash value in your policy through policy loans.