Sentences with phrase «accumulated in the policy»

As cash values accumulate in the policy, you also have the option to use these funds to pay the premiums; however, this is still considered a loan and the same factors exist.

When enough cash value has accumulated in your policy, you can use it to make premium payments over the lifetime of the policy, eliminating the need to make out - of - pocket payments.

As cash values accumulate in the policy, you also have the option to use these funds to pay the premiums; however, this is still considered a loan and the same factors exist.

But any money that you accumulate in the policy can only be accessed either by borrowing it out, or by terminating the policy.

With a permanent life insurance contract, you have the flexibility to surrender the policy and supplement your retirement income with the funds that have accumulated in the policy's cash value account.

If you miss a payment on your term insurance, it will most likely lapse for non-payment whereas the indexed universal life insurance policy will continue since insurance cost can be paid with the cash that has accumulated in the policy.

The longer you hold the policy, the more money accumulates in your policy.

Cash value growth is tax - deferred, meaning you don't pay any income taxes on it while it accumulates in your policy

Being able to take a loan against the cash value that accumulates in your policy can provide you with additional benefits while you're still living.

Any cash value that may accumulate in your policy can be withdrawn or borrowed against and used for any purpose (important note: any outstanding loans or partial withdrawals that aren't paid back will reduce your policy's death benefit)

If too little is left to invest, then little or no cash value will accumulate in the policy.

While a small cash value may accumulate in these policies, cash value growth is not an objective of this insurance.

A withdrawal of funds is restricted to universal life insurance type policies and whole life policies in which dividends have accumulated in the policy.

The frequency of withdrawals from your policy depends on how much money has accumulated in the policy and how you are accessing it.

When enough cash value has accumulated in your policy, you can use it to make premium payments over the lifetime of the policy, eliminating the need to make out - of - pocket payments.

As cash values accumulate in the policy, you also have the option to use these funds to pay the premiums; however, this is still considered a loan and the same factors exist.

In case you pass away unexpectedly while the policy is still active, your child will have access to the funds accumulated in the policy, thus ensuring he or she has a secure future.

Whole life insurance is most attractive because the death benefit is guaranteed for your lifetime as long as you pay your periodic premium, the premium does not change, and you can borrow the cash that accumulates in the policy.

The attorney will need to know the particulars of any life insurance policies that are in place, including the amount of any cash value that has accumulated in the policy.

In addition you have cash values accumulating in your policy.

During these calculations, actuaries determine the cash value accumulated in the policy at the beginning of the year.

The more you have accumulated in your policy, the more you can borrow.

Because the insurer invests some portion of the premiums paid in stock and / or bond markets, the cash value accumulated in these policies varies.

In making this kind of decision, it becomes important to review if the cash value you have accumulated in your policy is worth «cashing out» with your financial advisor.

In this category, the bonus gets accumulated in the policy account, but from second year onwards, the bonus is calculated on the sum assured plus the last year's bonus i.e. compounded.

8) Because cash value is accumulating in the policy, you are actually only paying for the difference between the face value and the accumulated value.

In addition, the cash value accumulated in your policy is never really your money, it's there to pay for future premiums.

Not exact matches

Cash value life insurance refers to any life insurance policies that not only have a death benefit but also accumulate value in a separate account within the policy.

In the event that you die with policy loans outstanding, your insurance company will deduct the unpaid amount plus any accumulated interest from your death benefit.

Xapo's policy in regards to forks is that, when there is a fork, we always follow the chain with the most accumulated difficulty and we make the minority chain available to our customers for them to sell or withdraw from Xapo.

The downside is that if you purchase your IUL in a strong market, the policy actually caps the amount of money it can accumulate — typically at around 10 % -15 %.

An Indexed Universal Life (IUL) insurance policy functions similarly to a standard universal life policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to grow.

A whole life policy increases in value based on your regular payments and the dividends that it accumulates.

A policy that pays dividends is able to increase in value above and beyond the interest that other types of permanent life insurance policies accumulate.

Over the course of our conversations, I came to see Obama as a president who has grown steadily more fatalistic about the constraints on America's ability to direct global events, even as he has, late in his presidency, accumulated a set of potentially historic foreign - policy achievements — controversial, provisional achievements, to be sure, but achievements nonetheless: the opening to Cuba, the Paris climate - change accord, the Trans - Pacific Partnership trade agreement, and, of course, the Iran nuclear deal.

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.

Also, the cash value will accumulate sooner in certain policies.»

However, with 200 billion cedis accumulated by the Mahama led administration in the last seven years, the NHIS and all other policies introduced by the NPP have either collapsed or are on the verge of collapsing.

There's the ongoing special - counsel investigation into whether the Trump campaign aided a Russian campaign to aid Trump's candidacy and defeat his Democratic rival, Hillary Clinton; there's the associated inquiry into whether the president obstructed justice when he fired former FBI Director James Comey, whom he had asked not to investigate his former national - security adviser; there are the president's hush - money payments to women with whom he allegedly had extramarital affairs, made through his personal attorney, Michael Cohen, and facilitated by corporate cash paid to influence the White House; there is his ongoing effort to interfere with the Russia inquiry and politicize federal law enforcement; there are the foreign governments that seem to be utilizing the president's properties as vehicles for influencing administration policy; there's the emerging evidence that Trump campaign officials sought aid not only from Russia, but from other foreign countries, which may have affected Trump's foreign policy; there are the ongoing revelations of the president's Cabinet officials» misusing taxpayer funds; there is the accumulating evidence that administration decisions are made at the behest of private industry, in particular those in which Republican donors have significant interests.

Although it makes some important changes to NCLB, such as eliminating AYP mandates, the proposed ESSA would not accomplish important policy priorities of allowing states to make funding for Title I portable, allowing states to completely opt out through the A-PLUS provision, or cutting programs and spending that have accumulated over the decades in a manner that has failed students and burdened school leaders with red tape.

Consequently, they still stand to accumulate gaps in learning that the state's competency - based policies were intended to prevent.

Educational personnel in Department of Children and Family Services residential care facilities who are employed by a district school board under the provisions of s. 402.22 (1)(d) may request, and the district school board shall accept, a lump - sum transfer of accumulated annual leave for each person employed by the district school board in a position in the district eligible to accrue vacation leave under policies of the district school board.

She argues that school reformers assume that schools can do more to address poverty than is realistic, that accountability policies encourage narrowing of the curriculum and teaching to the test, that vouchers have accumulated no significant evidence of effectiveness, that «virtual charter schools» are a ripoff of taxpayers, and that there are more effective policy solutions that are far from test - based accountability and «school choice» policies: social services for poor families, early childhood education, protecting the autonomy of teachers and elected school boards, reducing class sizes, eliminating for - profit companies and chains from operating charter schools, and aggressively fighting racial and socioeconomic segregation in schools.

«The Motorola Locked / Encrypted Bootloader Policy petition was started on the 10th March 2011 and in just over a month has accumulated 8,500 signatures.

The cash value accumulates over time and earns tax - Only cash value life insurance policies will count as an asset in most cases.

He or she will never outgrow a low - price policy that accumulates cash value for use later in life.

The target buy may be in midlife with less time to accumulate cash value, but with a need for a permanent policy.

In addition, you don't have to pay the annual interest so long as the total outstanding loan (original loan plus accumulated interest) doesn't exceed the policy's cash value.

The difference between the cash and the surrender value is that if you surrender your policy (for example, if you choose to cancel and cash out the life insurance policy), you will receive the cash value that has accumulated less any applicable surrender charges; these charges are pre-determined by the life insurance company, and are stipulated in your policy contract.

Investing in other life insurance policies such as universal life and whole life, which are designed to accumulate cash, have other problems.