Sentences with phrase «accrue cash value such»
«Living Benefits» apply to Permanent Life Insurance polices that accrue cash value such as Whole Life insurance.
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«Participating life insurance» is only possible with a cash value life insurance policy as distinguished with other types of life insurance that do not accrue cash value such as convertible term life insurance or most guaranteed universal life insurance policies.
«Participating life insurance» is only possible with a cash value life insurance policy as distinguished with other types of life insurance that do not accrue cash value such as convertible term life insurance or most guaranteed universal life insurance policies.
Not exact matches
Specifically, under a discounted cash flows methodology, the value of a company's stock is determined by discounting to present value the expected returns that accrue to holders of such equity.
As opposed to using the traditional cash value (replacement cost minus depreciation), the broad evidence rule can take into account such factors as the age of the property, its tax value and any possible profits the item may have accrued.
Permanent life insurance: Generally, insurance that can stay in force for the life of the insured and accrues cash value, such as whole life or endowment.
In such a situation, the remainder of the accrued cash equivalent value of the premium, or a percentage of such, could be paid out.
A permanent life insurance policy, such as whole life or universal life, can offer you this option, and can be used as loan collateral, or to accrue cash value to be used in case of emergency.