Sentences with phrase «aggregate policy value»

The insurance company offers a payout of 200 % or 300 % of the aggregate policy value over two or three years after the annuity account value is depleted.

The insurance company offers a payout of 200 % or 300 % of the aggregate policy value over two or three years after the annuity account value is depleted.

Not exact matches

Indexed universal life policy aggregate cash values are invested differently by the the life insurance company than participating policy cash values.

For example, a policyholder with a $ 100,000 annuity who had selected and aggregate benefit limit of 300 % and a two year benefit factor would have an additional $ 200,000 available for long term care expenses after the initial $ 100,000 policy value was depleted.

Results were based on an evaluation of the realized dividends and cash surrender values of a Whole Life policy issued 1/1/82 — 12/31/16 (35 - year old male, $ 250,000 face amount, select preferred rating, annual premium of $ 3,585) and the historical results of the S&P 500 and Bloomberg Barclays US Aggregate Bond Index.

The issue then becomes one of deciding whether the value of ideological purity surrounding the inviolability of animal rights, or of the biological interests of the individual whale, forecloses the pursuit of a policy with the potential to reduce these harms in the aggregate but not end them entirely.

Both, the contractor and the insurance company agree on a co-pay, the percentage related to what the insured will pay after the deductible and will establish an aggregate value, the maximum amount the insured will have to pay for a claim arising during the policy period.

A per - claim limit is the maximum amount that an insurer will pay on an individual claim made under a policy, in some cases this limit may be the same as the aggregate limit (but in this case if the first claim is at or above the threshold — no further claims may be made against the insurer on the policy) or it may be set at a fraction of the value of the policy.

This is usually because of the way that life insurance companies invest the aggregate cash value in all universal life insurance policies.

A super top - up plan is a better choice since it takes into account the aggregate value of all claims in a policy year, as a result of which, even smaller and more frequent claims are payable.

On the contrary, a super top - up plan considers the aggregate values of all claims made within a policy year and compares this total value against the deductible limit.

Indexed universal life policy aggregate cash values are invested differently by the the life insurance company than participating policy cash values.

Endowment policies only specify the aggregate surrender value depending on number of years of continuity.