Sentences with phrase «additional cash value»

Additional cash value growth is available through life insurance dividends.

Annual dividends share the insurance company's profits with the insured and can be accumulated for additional cash value.

Your family simply gets the death benefit if you die, and you accumulate additional cash value.

To avoid taxation on policy distributions in excess the policy's basis, loans can be used to access additional cash values tax free.

These dividends provide many advantages, including additional cash value or increased death benefit.

Normally, term insurance does not have additional cash value features, thus, marking it as a purchase, and not an investment.

Additional cash value growth is available through annual dividends paid to participating policyholders.

Your family simply gets the death benefit if you die, and you accumulate additional cash value.

The policy builds cash value and premium and face amount stays the same.The policy has a feature called «excess credits» which help build additional cash value.

This policy would, essentially never acquire additional cash value, and the cash value you brought into the policy would likely soon evaporate (over 5 - 10 years) or be used to «buy - down» the premium, but as long as you paid the premium, there would be a $ 75,000 death benefit available.

This not only covers the interest rate fixed by the insurance company but can allow for additional cash value growth due to additional amounts paid back into the policy, or to fund a new policy if your existing policy is at its limits.

This not only covers the interest rate fixed by the insurance company but can allow for additional cash value growth due to additional amounts paid back into the policy, or to fund a new policy if your existing policy is at its limits.

This will ensure an owner can stop making payments after the paid up period ends, and the policy will remain in force, and continue to accumulate additional cash value, until the insured dies.

Theoretically, this allows for additional cash value growth because nothing is being removed from the account to pay taxes.

The additional cash value growth is further compounded through the accumulation of annual dividends paid by the carrier.

Additional cash value and death benefit growth is possible through the use of dividends paid on participating whole life policies.

However it is important to know that, unlike permanent life insurance, term life insurance has no additional cash value.

However, it's important to know that, unlike permanent life insurance, term life insurance has no additional cash value.

One reason is because term life offers death benefit coverage only, and no additional cash value or savings component.

Additional cash value growth is available through dividends.

So if he dies at age 70, the beneficiary would receive a total of $ 500,000 death benefit, plus the additional cash value amount of $ 600,000.

However, Universal Life is more flexible than whole life, allowing the premium and face amount to change.This can be advantageous if you have either limited funds and you can not make a large premium payment or you have excess funds and you want to store up some additional cash value in your policy for a «rainy day».

However, for those who want some additional cash value, then AAA Life has another option.

However it is important to know that, unlike permanent life insurance, term life insurance has no additional cash value.

However, it's important to know that, unlike permanent life insurance, term life insurance has no additional cash value.

Bonuses are the additional cash value that is paid at the time of death or the end of the tenure of the policy.

However, the policy does not provide any returns beyond the death benefit (the amount of insurance purchased); the policy has no additional cash value, unlike permanent life insurance policies, which have a savings component, increasing the value of the policy and its eventual payout.

Also, tax - free withdrawals can be made through internal policy loans offered by the insurance company, against any additional cash value within the policy.

Lump sum payments to beneficiaries and additional cash value built over time are generally not taxed.

It consists of pure death benefit protection, with no additional cash value or investment component.

Additional cash value and death benefit growth is possible through the use of dividends paid on participating whole life policies.

Additional cash value growth is available through annual dividends paid to participating policyholders.

In other words the dividend payment is not taxable when paid if used to purchase additional coverage, only the additional cash value is taxable if withdrawn.

Additional cash value growth is available through life insurance dividends.

One reason is because term life offers death benefit coverage only, and no additional cash value or savings component.

A loan will not default unless there is no additional cash value in a life insurance policy to add to the loan.

The additional cash value growth is further compounded through the accumulation of annual dividends paid by the carrier.

Giving away all of the additional cash value that has been paid into your policy over the years doesn't make financial sense.

Theoretically, this allows for additional cash value growth because nothing is being removed from the account to pay taxes.

The additional paid - up face amount and the additional cash value will be less than it otherwise would have been.

Depending on the type of policy, the policyowner may have several options as to how they may use these additional cash value increases.