Sentences with phrase «accumulation feature»

The cash accumulation feature also requires management fees that add to the cost of your policy.

Can Borrow Against the Cash Value of a Whole Life Policy Another convenient feature of a whole life policy is that you can borrow against the cash value accumulation feature.

It has been a standout product in the industry because it not only guarantees a death benefit to age 121, but at no lapse UL prices it also has a cash value accumulation feature not unlike -LSB-...]

A permanent life insurance policy contains a cash value accumulation feature which can strengthen your overall portfolio.

Permanent life insurance policies have a cash value accumulation feature, but term insurance provides death benefits only.

This assumes you have had the policy long enough to benefit from the cash value accumulation feature.

If you are risk adverse when it comes to investing money, and are seeking a risk free investment vehicle which is not taxable, then a the cash accumulation feature of a permanent policy can be the ideal choice.

The supporters of permanent insurance suggest that this type of insurance will give you peace of mind because of the cash accumulation feature involved.

Accumulator Universal Life Insurance offers permanent life insurance protection to help you with your present needs, plus a cash value accumulation feature that can provide much - needed funds later in life.

It will not include a cash value accumulation feature.

The is because they provide death benefits as well as a cash value accumulation feature and cover you for life.

With whole life, the insurance company sets your premiums, death benefits and investment portion of the cash accumulation feature.

They also have a cash value accumulation feature.

In addition to paying death benefits, it also has a cash value accumulation feature which grows over the life of the policy.

They all offer a cash value accumulation feature which is absent in term life policies.

The reason is that they not only incorporate the death benefits but also have a cash value accumulation feature as well.

The cash value accumulation feature in a universal life insurance policy offers several choices:

This is not the case as both the death benefits and the cash value accumulation feature are joined together for a total of $ 250,000 and not a cent more.

The main difference between term life and permanent insurance is that a whole life or universal life insurance policy not only pays death benefits but also has a cash value accumulation feature which grows over time.

Those with more complex estates or who want a guaranteed savings plan can take advantage of the cash accumulation feature offered by permanent policies such as through Indexed Universal Life, Universal Life or Whole Life.

Permanent life insurance combines 2 features which include the death benefits but also has the added advantage of a cash accumulation feature.

The cash value accumulation feature can provide a tax free supplement income for your retirement and added income for your beneficiaries.

These types of policies are mostly available as term life insurance policies, although there are some available as a whole life policy which has a cash value accumulation feature.

A whole life or universal life policy is different because not only do they pay out death benefits but they both also have a cash value accumulation feature which is a form of savings plan.page 2......

Some people are mistakenly under the impression that you get the face value of the policy PLUS the cash value accumulation feature.

The reason is that this type of policy not only covers you for death benefits but it also has a cash accumulation feature as well.

You are given a guaranteed fixed rate of interest for the cash value accumulation feature and that is how much you earn.

The big difference between a term life insurance policy and a permanent life policy is that the permanent policy has a cash value accumulation feature.

The cash accumulation feature will be paid to you if you cancel the policy.

A permanent or universal policy will continue for the rest of your life and offers an accumulation feature which means that it generates cash as it grows.

They not only include the death benefits, but also have a cash value accumulation feature that builds up over the life of the policy.

Whole life also includes many more administrative fees because of the cash value accumulation feature.

Whether you opt for the most basic life insurance policy such as term or desire a permanent life insurance policy that has a cash value accumulation feature such as whole life or indexed universal life insurance, you want to buy a policy when you are young.

A permanent life insurance policy like a universal policy has a cash value accumulation feature which can be taken out as a loan down the road.

Permanent policies have a cash value accumulation feature not found with term life insurance.

Because not only does a permanent policy provide your loved ones with death benefits but these types of policies also come with a cash value accumulation feature which build up over the life span of the policy.

The cash value accumulation feature will pay out what it has accumulated.

Not only does a whole policy provide death benefits, but it also provides a cash value accumulation feature which grows through the life of the policy.

A whole life insurance policy can be described as providing life insurance protection with an accumulation feature, and might be a good choice if you want a policy with:

Permanent insurance offers the same type of death benefits as term insurance but it comes with the additional advantage of providing you with a cash value accumulation feature which is based on interest or depends on how well the market performs.

Whole Life insurance has both death benefits and a tax sheltered cash value accumulation feature.

Option 2 Death Benefit: The other option is a combination of a specific death benefit plus the cash value accumulation feature which builds over the life of the policy.

Not only does it provide death benefits, but it also comes with a cash value accumulation feature which builds as it matures.

Permanent life insurance policies come with a cash value accumulation feature.

Whole life is considered the most rigid type of permanent life insurance, as the insured has few or no options when it comes to altering death benefits, premiums or the cash value accumulation feature.

The cash value accumulation feature allows the insurer to take a portion of the premium for investment purposes, so you earn interest which builds over time.

As a form of permanent life insurance, this plan provides death benefits and a cash value accumulation feature which grows through the life of the policy.

Cash value life insurance is a type of permanent insurance policy consisting of a «death benefit,» which is a standard part of all life insurance policies, as well as a cash value accumulation feature.

You could also describe the cash accumulation feature as a fixed form of a savings plan.

Permanent life insurance is more expensive because of the cash value accumulation feature and can easily cost 10 times more than what you would pay for a term policy.