Sentences with phrase «accumulation value»

Permanent life insurance policies such as whole life, for example, have a cash accumulation value.

After the surrender charge period is over, your full accumulation value may be available to you without any surrender charges.

Option 2, the death benefit is equal to the face amount plus the cash value accumulation value, which increases the death benefit.

The problem is consumers of annuities are confusing the accumulation of the income rider with the actual accumulation value within the annuity.

An annuity's accumulation value indicates the overall value of the annuity.

Second, a permanent life insurance policy has extra features like a cash accumulation value.

After the surrender charge period is over, your full accumulation value may be available to you without any surrender charges.

Option 2, the death benefit is equal to the face amount plus the cash value accumulation value, which increases the death benefit.

While much steadier, the Fixed Indexed Annuity accumulation value grew only 0.9 % per year during this period.

It offers all the benefits of universal life with accumulation values tied to the S&P 500 Index.

The market portfolio continues to grow indefinitely, whereas the FIA accumulation value begins to decline once income benefits begin at age 60.

Market Value Adjustment (MVA) Where applicable, the Market Value Adjustment (MVA) feature may be a positive or negative adjustment to the amount of a partial withdrawal or full surrender or to the remaining accumulation value in the policy after a partial withdrawal.

And lastly, let's take a look at how the FIA accumulation value compares to the market portfolio.

At the beginning of the index term that follows the end of the Marketing Value Adjustment (MVA) period, the annuity fund value is assured to reach the guaranteed minimum accumulation value, which is 105 %, 107 % and 110 % of original premium (net of withdrawals and applicable surrender charges) for the ISA 5, ISA 7 and ISA 10 respectively.

Life insurance policy ownership rights include the ability to: A) change beneficiaries B) reduce the policy death benefit C) change address D) change payment E) withdraw cash accumulation value F) cancel / surrender the policy

For example, a $ 100,000 premium will receive an immediate $ 1,000 bonus that results in a $ 101,000 initial accumulation value, which will begin accumulating interest from the beginning of the contract.

In this example, all of the FIA accumulation value is depleted by age 75.

Annuitants paid a small fee each year and in turn were offered a guaranteed death benefit that would equal a predetermined growth or accumulation value in the annuity policy.

Surrender charges are back - end fees calculated as a percentage of the amount withdrawn that is in excfter the surrender charge period is over, your full accumulation value may be available to you without any surrender charges.

Variable Universal Life — An option that combines term life insurance with cash accumulation value with flexible premium and death benefit options.

The measure, Senate Bill 426 (Leyva), requires that, when fixed deferred annuities are issued to consumers age 65 or older, the death benefit must at least equal the annuity amount or the accumulation value.

The growth of your money (referred to as an accumulation value) is based on the underlying indexes that you choose.

If this is the case on a policy anniversary, the guaranteed withdrawal base would «ratchet» up to meet the accumulation value.

So, the FIA attempted to address it by providing access to the contract's accumulation value.

For the Fixed Indexed Annuity in Option 1, there is also an opportunity for the income benefit to increase if the accumulation value grows to be greater than the guaranteed withdrawal base.

In comparison, the FIA accumulation value, which was invested in the same underlying index, experienced growth of only 14 % after applying the participation rates, caps, spreads, and fees.

These products combine the protection of term life coverage with an accumulation value.

The accumulation value grows as a result of the annuity's increase based on the increase of the indices the annuity is tied to after applying contractual caps, participation rates,...

There is an annual fee for an income rider that is deducted from the accumulation value, and is paid for the life of the policy.

Valuations can go up and down, and your accumulation value is only as good as the management of the separate accounts.

The accumulation value is what the annuity industry calls the amount within your annuity that you can access lump sum.

It is a separate valuation from the accumulation value, and should not be confused with that walk away amount.

If you draw a line down the middle of a blank sheet of paper, the left hand side of the ledger for a deferred annuity is what's called the accumulation value, and the right hand side is the separate benefits (aka: riders) valuation.

The accumulation value of a variable annuity is based on the performance of the separate accounts (aka: mutual funds) offered by the specific product.

These contracts are based on the accumulation value of the investments made inside of the contract rather than immediate payments.

The account balance (also called the «accumulation value») on any given day is your money.

Free Look Period A consumer protection feature, the free look period is the time period after an insurance or annuity policy's delivery date where the owner can examine or review the policy and submit a request for a full refund of premiums or the policy's accumulation value (depending upon state law)..

For a variable universal life or variable annuity policy, the accumulation value is equal to the sum of the amounts in the Separate Account, the Fixed Account and the Dollar Cost Averaging Advantage Account (if available) on that date.

It makes sense that it took a while to make interest here, but now that he has funded it for several years, I believe we'll start to see his accumulation value catch up to and surpass his premium outlay.

Current Interest Rate The interest rate that the insurance company declares at the beginning of each determined period that is credited daily to the unloaded portion of the accumulation value.

Increasing will be that amount plus the accumulation value.

Deduction Amount A monthly charge in a universal life policy, deducted from the accumulation value on each deduction day, which is comprised of the cost of insurance charge and any other expense charge shown on the policy summary and any charge for supplemental benefits.

Accumulation Value In adjustable, equity indexed, variable universal and universal life policies, the accumulation value is equal to the policy's cash value before the deduction of any applicable surrender charges when determining the policy's net surrender vale.

A policy service charge of $ 30 is not included in these charges, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the accumulation value is less than $ 100,000.00.

The investment return and the accumulation value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments.

A Market Value Adjustment (MVA) is a positive or negative adjustment to the policy's accumulation value, or the amount received in a withdrawal, when a partial withdrawal or full surrender is made during the surrender charge period and the withdrawal or surrender exceeds the policy's surrender - charge - free withdrawal amount.

Universal — This policy offers permanent life insurance along with a cash accumulation value.

Whole life insurance premiums are comprised of current cost of insurance fees as well as additional mandatory premium to build up what's called your cash value or accumulation value.

Foresters call the cash value «accumulation value».