Sentences with phrase «accumulated over the policy»

These bonuses are accumulated over the policy term and are paid on maturity.

Not exact matches

That's because, as the name implies, cash - value life insurance policies accumulate value over the policyholder's lifetime.
Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.
It also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.
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.
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.
«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.
Whole life insurance is a type of permanent life insurance policy that accumulates cash value over time.
The main difference between term life and permanent insurance is that term insurance only pays death benefits to your beneficiaries, while permanent life insurance pays out death benefits and accumulates cash value which will continue to build up over the life of the policy.
A survivorship policy is generally more cost - effective than two separate policies, giving you the potential to have your cash value accumulate more quickly over time.
It also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.
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.
Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.
Over time, the cash value of the policy will accumulate on a tax - deferred basis.
Over time your child's policy will accumulate cash value.
The other provides permanent coverage until you die (this can now go up to age 120 + on newer policies; older policies may or may not have extended maturity dates / maximum ages) and often accumulates a cash value over time.
Whole life insurance is life insurance coverage that is life - long and accumulates a cash value, which explains why you're going to be paying about 10x more for a whole life policy over a term policy.
The insurance policy also includes an investment that accumulates value over time.
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.
Depending on your policy's potential cash value, it may be used to skip a premium payment, or be left alone with the potential to accumulate value over time.
Permanent policies also accumulate cash value over time, while term policies do not.
In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.
These policies not only provide a death benefit, but they also accumulate cash value over the course of the policy, which you can borrow against as you age.
One of the advantages of a whole life policy is that it accumulates cash value over time, thus creating an amount that a person can borrow against if needed.
One of the most useful features of permanent life insurance is the cash value that accumulates over the life of the policy, which can be:
The main differences between term and permanent life insurance are that permanent life insurance is in force for your entire life (as long as you pay the premiums) instead of a certain «term,» and permanent insurance accumulates cash value over the life of the policy.
In addition, the cash value of that policy accumulates over time — and it's tax - deferred.
Whole life insurance policies come with an added benefit: cash value which accumulates over time as premium payments are made.
You can borrow against the policy's cash value, as it accumulates over time, to help cover unforeseen expenses.
We also need to drive home that once a core body of understanding has accumulated over decades on an issue — as is the case with human - forced climate change — society can use it as a foundation for policies and choices.
To illustrate the problem with accusing judges of bias, given the term's various meanings, the article focuses on recent federal litigation over NYC police stop - and - frisk policy in which (1) the district judge found «implicit bias» in police practices based on accumulated evidence and expert analysis, (2) the Second Circuit found that the district judge engaged in disqualifying judicial bias because of her comments in a prior related lawsuit and in the media, and (3) critics accused the Second Circuit of bias in making decisions that were hard to justify on either procedural or substantive grounds.
Over time, the policy will accumulate cash value growth.
The reason is that they not only pay out on death benefits, but they also have a cash value accumulation feature which accumulates over the life span of the policy.
After years of saving and contributing to our whole life and variable universal life policies, we were able to take all of the accumulated cash value in our policies and move it to a policy that has been able to grow at over 7 % each year for the last 6 years.
These types of policies are great for protecting your loved ones from having to pay for your final expenses once you have died, but they're not a great way to accumulate cash over the years.
Cash accumulates (tax deferred) over the life of the policy.
When properly managed, tax - free features can accumulate over the years, and can be withdrawn from the policy exempt from any taxations, at the same time, the proceeds from the insurance can be passed on to the policyholder's estate without any tax.
While a permanent policy is always a possibility, and it will accumulate a cash value over time, a term life policy is a simple solution for this type of payout.
In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.
Permanent life insurance policies contain a cash value investment which accumulates value over the life of the policy and is also distributed at the time of your death.
Flexibility: This policy also offers the buyer a certain amount of flexibility in regards to its potential of accumulating cash value over a period of time, which the buyer can use for personal reasons.
Universal and variable universal life policies also accumulate cash value over time, but with the flexibility to adjust premiums and coverage.
Whole Life and other policies with an investment component accumulate cash value over time.
Whole life policies offer you a fixed level premium that won't increase, the potential to accumulate cash value over time, and a fixed death benefit for the life of the policy.
Whole life insurance has a cash value component that may accumulate over time, and is one of the key benefits of owning a whole life insurance policy.
Most universal life policies accumulate cash - value over time that you can borrow1 against (up to a maximum limit), for whatever you like, such as a down payment on your first home or preparing for a new baby.
Permanent life insurance policies also contain an investment component that allow the policy to accumulate cash value over time.
A whole life policy accumulates cash value which is guaranteed to increase over time.
The higher cost is because the insurance company invests your payments so that your policy accumulates interest over time.
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