Sentences with phrase «accrues high cash value»

By cash value life insurance, I am referring to whole life insurance from a mutual company that accrues high cash value due to paid up additions and pays dividends.

By cash value life insurance, I am referring to whole life insurance from a mutual company that accrues high cash value due to paid up additions and pays dividends.

Not exact matches

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.

While initial premiums are higher than with a typical term policy, it is possible for coverage to continue until death of the insured, and cash value may accrue in the policy on a tax - deferred basis that can be used to help meet financial needs during your life.

While some travelers love the simplicity of «Cash Back» cards, others value accruing points in a flexible rewards program where they can be redeemed for high value experiences like luxury hotels and expensive flights.

So, if a policy's cash value has accrued substantially, it could be a good source for paying off higher interest debt and for supplementing retirement income in the future.

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.