Sentences with phrase «accumulates cash value over time which»

Not exact matches

Whole life insurance policies come with an added benefit: cash value which accumulates over time as premium payments are made.

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.

A whole life policy accumulates cash value which is guaranteed to increase over time.

The policy over time can accumulate a substantial amount of cash value which can be used for whatever you desire down the line.

Like other permanent policies, a burial insurance policy can accumulate tax - deferred cash value over time, which can be either withdrawn or borrowed against at the policy owner's discretion.

The death benefit and policy premium are fixed and unlike term insurance, this coverage has a cash value which accumulates over time.

As you pay the premiums, a certain amount is designated for the cash value accumulation portion which grows and accumulates interest over time.

Additionally, you may elect to purchase the policy so that a level death benefit is purchased and the cash value accumulates «on top of» or in addition to the death benefit or you may choose to purchase a level death benefit in which the cash value acts as a reserve against the death benefit (thus lowering the actual cost you pay for the death benefit over time).

Policy premium payments are typically fixed, and, unlike term, whole life has a cash value, which functions as a savings component and may accumulate tax - deferred over time.