Sentences with phrase «additional cash value features»

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

Not exact matches

Additional product features have been added to boost cash value growth.

Additional product features have been added to boost cash value potential.

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.

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.

It also includes an additional feature known as cash - value which can be borrowed against.

American National's indexed universal life insurance products offer the same features as the company's regular universal life — such as death benefit and cash value build up — but they also offer this ability to earn an additional amount of return.

The Universal Life policy offers the cash value associated with a whole life policy with additional riders and features that can greatly enhance any retirement portfolio.

Platinum boasts multiple new features at no additional cost, including a return of premium rider, guaranteeing the policy's cash surrender value will never be less than the premium payment; accelerated benefit riders for chronic illness, critical illness, and terminal illness; and a charitable giving rider, a unique feature that provides an additional death benefit of 1 percent of the policy face amount to the applicant's charity of choice.

Permanent life insurance is often also called «cash - value» insurance, which refers to an additional savings feature that increases the value of a policy.

Whole life insurance covers you not only for death benefits, but also comes with an additional feature which is a cash value accumulation component.