Sentences with phrase «accrued cash value increases»

Not exact matches

2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.

On death, the beneficiaries receive an increased death benefit from the cash value amount that was accrued within the policy.

However, a second option is that the policy instead has a cash value, and that value increases over time as more premiums are paid in and interest is accrued.

It went on to suggest the $ 10,000 cash from this miraculous increase in value would accrue to the buyer.