Sentences with phrase «accumulate at guaranteed rates»

So not only will the cash accumulate at guaranteed rates tax free, but dividends and reliable non-guaranteed historically documented returns can enhance accumulation in these policies.

On the death of the life assured, the nominee will receive the death benefit which is the assured Death Benefit of total premiums paid to date accumulated at a guaranteed rate of 6 % per annum compounded annually.

b) Death Benefit: On the death of insured, the nominee would be paid assured death benefit of total premium paid to date accumulated at a guaranteed rate of 6 % per annum compounded annually.

Total premiums paid (i.e. Regular Premiums Paid plus Top - Up Premiums paid) to date accumulated at a guaranteed rate of 6 % per annum from the each of the premium due dates to the date of death.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive the Total Premiums paid to date accumulated at a Guaranteed Rate of 6 % p.a. compounded annually as Death Benefit which can be taken by the nominee as a lumpsum or as annuity and the policy terminates.

Not exact matches

The money you invest in a MYGA will accumulate at a fixed rate, which is specified upfront and guaranteed for the entire contract.

87.5 % of premium accumulated at the contract's guaranteed minimum interest rate (Guaranteed Minimguaranteed minimum interest rate (Guaranteed MinimGuaranteed Minimum Value).

90 % of premium, adjusted for withdrawals, accumulated at the contract's guaranteed minimum interest rate

Your cash value accumulates inside your policy at a rate guaranteed by the life insurance company.

When you accumulate over time, you typically get better rates and the benefits of vesting and compounding, as opposed to investing in a guaranteed income option at the point of retirement.»

The rate will never fall below a contractually - guaranteed minimum and the accumulated cash value can be accessed at any time through policy loans or surrenders.

The rate will never fall below a contractually - guaranteed minimum and the accumulated cash value can be accessed at any time through policy loans or surrenders.

These types of life insurance plans allow cash value to accumulate at a floating interest rate, which a minimum rate guarantee.

The guarantee is in effect if the paid premiums accumulated at a specified annual interest rate, such as 3 %, exceeds the applicable number in the Table of Limited No - Lapse Guaranteguarantee is in effect if the paid premiums accumulated at a specified annual interest rate, such as 3 %, exceeds the applicable number in the Table of Limited No - Lapse GuaranteeGuarantee Values.

You don't die and need cash for House, Kids College, Unforeseen Event, you have an accumulated cash account growing at a guaranteed yearly rate.

The minimum Sum Assured is guaranteed as an accumulated value of total premiums paid growing at a compounded rate of 0.25 % p.a.

The cash value accumulates at a minimum rate guaranteed in the policy, but it may also be more, based upon the investment returns realized by the insurance company.

The cash value that develops in a whole life insurance policy is not «insured» in the sense that it is not guaranteed to accumulate at a rate greater than the minimum rate set forth in the contract.