Sentences with phrase «accrues cash when»

Unlike other insurance options, whole life insurance premiums don't increase with your age and includes an investment option that accrues cash when you pay into it.

Not exact matches

Also when bills get way out of hand we send a letter saying that students are no longer allowed to receive a meal unless they have cash to pay for it, they may no longer add to the charges that they have accrued.

She will receive 25 vacation days, 18 sick days, and three personal days a year and will have the ability to cash in a portion of her accrued leave at the end of the year or when she leaves the job.

When the check is cashed, your card issuer pays it off, and you start accruing interest immediately.

When the CD matures, you can cash out the money you originally deposited, along with the accrued interest, or you can roll the funds into a new CD.

A cash - out refinance is when a borrower refinances their current mortgage for more than they owe in order to pull out the built up equity that has accrued in the home.

* When you take advantage of the 2.9 % APR (annual percentage rate) promotional offer, Visa ® balance transfers will be treated as a cash advance and will accrue interest at 2.9 % APR from the time that the transaction posts until 12/31/19; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.9 % APR and subject to change.

The terms of the bond establish when the bond matures (when it can be exchanged for cash) and the interest that it will accrue.

Yes, the cash value in the policy takes some time to accrue in the same way that any other business requires start up capital to get going... but when the policy is funded, the magic begins.

When the company receives the cash interest payment, it debits cash, credits accrued interest receivable and credits interest revenue.

High - quality bonds tend to go up in value and accrue more interest, similarly to cash — which has no yield — but does appreciate dramatically, when everything else goes down.

When the company receives the cash, the accounting entries move the balance in accrued interest receivable to cash, which increases net cash flow for the period but has no impact on the net income calculation.

3 PSECU Visa ® Founder's Card: When you take advantage of the 3.9 % APR (annual percentage rate) promotional offer, Visa ® Founder's Card balance transfers will be treated as a cash advance and will accrue interest at 3.9 % APR from the time that the transaction posts until 12/31/19; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is a variable APR equal to the Prime Rate plus a margin of 9.15 %.

2 PSECU Visa ® Classic Card: When you take advantage of the 2.9 % APR (annual percentage rate) promotional offer, Visa ® balance transfers will be treated as a cash advance and will accrue interest at 2.9 % APR from the time that the transaction posts until 12/31/19; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.9 % APR and subject to change.

We should also incorporate a year's worth of cash burn — rather astonishingly, the company's cash on hand is actually sufficient (easy when you accrue bills, rather than pay them!).

When permanent cash value life insurance is used for an executive bonus plan, as opposed to term life insurance, the accruing cash value of the policy can offer an additional incentive to the employee (know the difference between term life vs whole life).

Ideally, when you are beginning to accrue miles and points through credit card spending and travel, you have an idea of both what card is going to benefit you the most in terms of earning rewards and also how you might cash in those points.

When Discover it ® Cashback Match ™ says it will match all your cash back accrued during your first year, it means that new cardholders could earn a staggering amount of cash back on purchases made within the rotating 5 percent cash - back categories in their first year.

Some travel rewards cards that accrue points allow you to convert points or miles into cash as well, but the value of travel rewards points are often diluted when used as cash back instead of redeeming them for travel expenses.

With the Citi Double Cash you have no categories to track, just 2 percent back on all your spending — half accrues when you swipe your card, and the other half comes in when you pay your bill.

When activated, the Overloan Protection Rider converts the policy to a «paid - up» status and prevents the policy from lapsing when the policy's cash surrender value is insufficient to cover monthly deduction charges due to significant loans or if any outstanding loans plus accrued interest exceed cash vaWhen activated, the Overloan Protection Rider converts the policy to a «paid - up» status and prevents the policy from lapsing when the policy's cash surrender value is insufficient to cover monthly deduction charges due to significant loans or if any outstanding loans plus accrued interest exceed cash vawhen the policy's cash surrender value is insufficient to cover monthly deduction charges due to significant loans or if any outstanding loans plus accrued interest exceed 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.

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.

The two main selling points are that it locks in insurability for when you're an adult and it accrues a cash value.

When you start to break down the different types of life insurance you will see that all the different types fall into two distinct categories; policies that accrue a cash value and those that do not.

However, it will also accrue a cash value that offers additional protections to your family or gives you money when you need it.

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.

You can pay back the money plus accrued interest or, if you choose to not pay back the money borrowed, it will simply be deducted when the policy's death benefit is paid, or else deducted from the cash value when the policy is cashed in.

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

The cash value account accrues through premiums paid into the policy, when premiums are paid in larger amounts than the actual cost of insurance.

Yes, the cash value in the policy takes some time to accrue in the same way that any other business requires start up capital to get going... but when the policy is funded, the magic begins.

Some funds accrue interest over time, so when it's time for the insurance carrier to pay the cash benefit to the family members the principal amount has already grown due to the interest rates.