Sentences with phrase «accumulate cash value based»

It also provides the opportunity to accumulate cash value based on positive changes in the underlying market index of the policy.

IUL policies accumulate cash value based on interest crediting tied to the S&P 500 or other such indexes.

For example, fixed index universal life insurance is a universal life insurance policy that allows for an opportunity to accumulate cash value based on positive changes in an external market index or a fixed interest allocation.

Not exact matches

The cash value of a universal life insurance policy accumulates based on the amount of premium paid, monthly deductions for policy costs and an interest rate that is declared by the insurance company.

In later life stages, permanent life insurance may offer, depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse needs.

Another feature of permanent insurance is that it accumulates a cash value on a tax - deferred basis.

In the world of annuities, there are a few different types of contracts which vary based upon how the cash value is accumulated on a tax deferred basi...

For both universal life and whole life policies, cash value accumulates in a tax deferred environment, which means that no taxes on gain are realized until cash is withdrawn (above your basis) from the policy.

Next time around, you may want a permanent policy so you can accumulate cash value on a tax - deferred basis or just for the hassle - free life coverage at a guaranteed premium amount.

Over time, the cash value of the policy will accumulate on a tax - deferred basis.

The cash value accumulates on a tax - deferred basis in most cases, but this is based on current tax law, which could change.

In addition to the life insurance coverage that is provided with a permanent plan, this type of policy will also include a cash value component where cash can accumulate on a tax deferred basis over time.

The cash value accumulates tax deferred, you can access the cash value tax free (up to the cost basis ̶ the amount paid in policy premiums), and the death benefit from your policy is generally paid out to your heirs income tax free.

Permanent life insurance policies provide a death benefit as well as other unique features such as lifelong protection and the ability to accumulate cash values on a tax - deferred basis, similar to assets in most retirement - savings plans.

In the case of permanent life insurance policies, cash values accumulate on an income tax - deferred basis.

Whole life insurance accumulates a cash value on a pre-tax basis.

Paid - Up Additions Rider: The PUAR allows you to make premium payments in addition to your base premiums to increase your face amount and accumulate more cash value.

Cash values, which accumulate on a tax - deferred basis just like assets in most retirement and tuition savings plans, can be used in the future for any purpose you wish.

Permanent coverage will also include a cash value build - up where the cash can accumulate on a tax - deferred basis.

Cash values, which accumulate on a tax - deferred basis just like assets in most retirement and tuition savings plans, can be used in the future for any purpose you wish.

If your policy is accumulating cash value, the cash surrender values grow on a tax - deferred basis.

Permanent insurance provides lifelong protection, and the ability to accumulate cash value on a tax - deferred basis.

It accumulates the cash value which is based upon the interest, expenses and any mortality charges assumed.

Over time, this cash value accumulates on a tax - deferred basis.

In a different situation, if you have accumulated a sufficient cash value and there is enough money on your account to cover the premium, you may still want to pay the amount you find appropriate to earn interest which is credited on a tax - deferred basis.

Your premium payments on a permanent life insurance policy may accumulate cash value on a tax - deferred basis.

Whole life policies do accumulate a cash value on a tax - deferred basis, however, the net rate of return is low when compared to a balanced investment portfolio and the insurance cost, expenses and method of determining the dividend scale / interest rate are not disclosed.

The cash value of whole life (and other permanent) insurance policies accumulates on a tax - deferred basis, just like a 401 (k) or other retirement savings account.

Cash value, however, is positive equity which accumulates on a tax - deferred basis.

In later life stages, permanent life insurance may offer, depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse needs.

Another advantage to this option, you will accumulate cash value on your tax - deferred basis.

The cash value accumulates on what's known as a tax deferred basis and can give you liquidity via loans or withdrawals.

You could have a taxable gain if the accumulated cash value exceeds your cost basis.

The cash value in your policy accumulates on a tax deferred basis.

Over time, the cash value of the policy will accumulate on a tax - deferred basis.

You can lock in the premium for life for a much lower premium than a whole life policy and still accumulate cash value on tax favored basis.

These policies also allow the policy holder to accumulate cash value on a tax - deferred basis over time.

Participating life insurance is a permanent coverage which allows policy owners to earn dividends and accumulate cash value on a tax - preferred basis.

With this type of life insurance policy, the cash value can accumulate based upon a floating rate of interest — yet it will have a minimum rate guarantee.

Also, permanent life insurance allows you to accumulate cash value on a tax - deferred basis.

In fact, many policies are sold based on the concept of accumulating cash value rather than guaranteed death benefit.

You can typically borrow against your policy's cash value, which accumulates on a tax - deferred basis.1

Non-resident alien has income - tax free access to the policy's cash value through loans and withdrawals up to the basis of the policy (the accumulated premiums paid).

The interesting thing is that this company that showed such a dislike for cash value life insurance soon was selling mutual funds in order that their vast policy owner base would have an intelligent vehicle through which they could accumulate some money.

Universal life insurance on the other hand (often called a UL policy for short) is a type of permanent insurance that provides lifelong protection with an ability to accumulate a cash value on a tax - deferred basis.

The ability to accumulate this cash value on a tax - deferred basis and borrow from it without any income tax consequences has made whole life insurance a popular option for many.

Only permanent policies, such as whole life or universal life, feature a cash value component, which is an accompanying savings account that accumulates on a tax - deferred basis.

The small life insurance contracts had a small cost of insurance, and could still accumulate significant gain based on the dividend payments made into the policy by the insurance company (dividend payments grow larger as cash value is higher).

In this case, you may have requested a loan based upon the face value of the policy rather than the accumulating cash value.

As with other kinds of permanent life insurance policy, Indexed UL policies have the potential of building up cash value that can accumulate on a tax - free basis that a policyholder can access on a tax - free basis later in life.