Sentences with phrase «accrued cash»

Universal life insurance is typically one of the more expensive types of whole life coverage, owing in large part to the way the accrued cash value can be manipulated by the policy owner.

Additionally, if the policy has an accrued cash value, any outstanding loans against the policy will be deducted before you receive the cash value.

As Long as you do have a positive cash value, you can also borrow against the accrued cash, effectively making yourself a tax - free loan.

You would still retain ownership of the policy and control over the accrued cash value, in the case of permanent life insurance policies.

By borrowing against the policy, you can use the accrued cash value of the policy to make the premiums or to help you get past other financial difficulties without losing the policy itself.

Variable life policies allow the policyholder to adjust how the accrued cash is invested, and some types include dividend payouts of the interest earned without affecting the value of the policy.

If a financial advantage is your goal, a whole life policy offers options not available in term life, including the ability to withdraw or borrow against the accrued cash value of the policy.

Premiums can be flexible, and once you have accrued some cash value you can even use the cash value of the policy to make future premium payments if necessary.

For example, you can borrow against the accrued cash value on most permanent life insurance policies, and some types of policy will even allow you to participate in deciding where and how your premiums will be invested, which can yield a higher cash value.

Policy loans are generally available from the accrued cash value.

Of course, you always have the option to surrender your policy and receive the accrued cash value.

You are charged interest on the loans; many folks pay that out of the policy's accrued cash value, too.

And just as you might pick peaches every year, you can take accrued cash from a whole life policy.

... you provide your key person with golden handcuffs by offering them ownership of the policy and the accrued cash value, say for example... after staying with the company for ten years?

Whole life insurance policies can also benefit retirees since they provide a fixed premium, allow the insured to borrow against the accrued cash value, and provide a guaranteed death benefit to the insured's beneficiary.

Step two of the conduit whole life insurance strategy is to locate an acceptable secondary investment asset in your area of interest / expertise and use your accrued cash value for this acquisition.

You may also get a loan based on the value of your permanent policy or withdraw accrued cash.

Don't make the mistake of thinking that your term life insurance policy has no value to you, just because it has no accrued cash value with the insurance company.

Yes, some types of life insurance can easily be cashed in before death for the accrued cash value.

If you cancel your life insurance policy, you will get the accrued cash value.

Later, when you have people you want to protect, your permanent life insurance premiums will still be inexpensive, and will have accrued cash value.

In fact, the controller alleged that John Hancock has a practice of avoiding paying death benefits, instead collecting premiums from the accrued cash value of a policy, even when the premium payments stop coming from the insured.

The interesting aspect of these policies is that you can surrender your policy and get the accrued cash value in your hands provided you have a substantial amount of cash value.

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 can provide access to accrued cash value that can be accessible while you are living.

This can be confusing to shoppers who believe that, when they die in old age, they will receive the death benefit provided by the term life insurance policy and the accrued cash value.

This can be confusing to people who think that, by buying a variable life insurance policy, they will receive both the accrued cash value and the term component's death benefit when they die.

The accrued cash value of a whole life policy has another benefit; you can use the accrued value without affecting the guaranteed payout amount.

If you decided that you do not want or need your permanent life insurance policy, you can give up the policy for the cash surrender value, or the accrued cash value.

You may also make a lump sum payment within certain limits or use your accrued cash value toward premium payments.

Universal life allows the policyholder to use money in the accrued cash value to pay premiums if the policyholder is unable to make the payments.

If your policy had accrued cash value, you may have limited coverage based on the «Non-Forfeiture Benefit» or «Options Upon Lapse» terms of your contract.

A few cash - back programs award accrued cash only once a year, on a predetermined schedule.

$ 100 in accrued cash dividends, raises meter reading $ 25.84

Step two of the conduit whole life insurance strategy is to locate an acceptable secondary investment asset in your area of interest / expertise and use your accrued cash value for this acquisition.

You may also forfeit your accrued cash rewards.

On top of these rates, Discover matches all accrued cash back after the first year, which effectively doubles the rewards for the first year.

The best part about this card is the cash reward match feature, which essentially doubles the accrued cash back on an account after the first year.

At the end of the first year of obtaining this card, all of the accrued cash back is doubled due to the cash back match offer from Discover.

For instance, after the initial twelve months, some cards double the amount of accrued cash back.

And typically, especially in the earlier years, the death benefit is several times the amount of accrued cash value.

If disqualified for any of these reasons, the cardholder will not receive any accrued cash back for that program year.

At the end of the first year, any accrued cash back is doubled due to a match deal from Discover.

Best option: Permanent life insurance that accrues a cash value is used by investors within a wealth management or retirement plan.

«A better alternative may be to purchase a permanent life insurance policy that accrues a cash value,» he explained.

Term life insurance is affordable because it does not accrue a cash value and only pays the death benefit.

Permanent life insurance provides lifelong protection and accrues cash value.

While term life insurance doesn't accrue a cash value over time, meaning you can't borrow against it, a term policy has a low cost by comparison and is still customizable to an individual's situation.

As cardholders spend money throughout the first year with the card, they accrue cash back points to their account.

Unlike permanent life insurance policies — like whole or universal life — term policies do not accrue cash value.