Sentences with phrase «addition to the cash surrender»

Not exact matches

In addition, withdrawals from some policies may be subject to surrender charges and could have a permanent effect on the cash value and the death benefit.

In addition, withdrawals from some policies may be subject to surrender charges and could have a permanent effect on the cash value and the death benefit.

In addition to withdrawals and policy loans, you can surrender (cancel) your policy and use the cash any way you see fit.

It's entirely possible that a $ 250,000 policy bought at age 35 could accumulate a cash surrender value of $ 100,000 by the time you reach age 65 — a nice addition to your retirement nest egg if you decide you don't need the insurance anymore.

In addition to paying a death benefit, a whole life policy allows accumulation of cash value that the policy owner receives if the policy is surrendered.

In addition to the potential of a partial surrender, it's notable that a participating life insurance policy that has previously been purchasing PUAs can do a partial surrender of just the PUAs to free up cash to repay the loan.

Permanent life insurance policies build a cash value (sometimes known as a cash - surrender value) over time in addition to providing a death benefit to beneficiaries.

The net surrender value is the gross cash value shown in the policy minus any identifiable surrender charges, outstanding policy loans, and unpaid interest on policy loans plus any prepaid premiums, dividends accumulated at interest, cash values attributable to paid - up additions, and any additional terminal dividends.