Sentences with phrase «allows flexible premium»

The universal life policy allows flexible premium funding, however, which is unlike a whole life insurance policy.

Fixed Premiums - Some types of insurance exist, like universal life insurance, which allows flexible premium payments.

Fixed Premiums — Some types of insurance exist, like universal life insurance, which allows flexible premium payments.

VUL allows flexible premium payments, allowing you to choose the amount and the frequency of your payments within certain limits.

VUL allows flexible premium payments, allowing you to choose the amount and the frequency of your payments within certain limits.

Not exact matches

A premium quality printing surface meanwhile allows both flexible and rigid pack elements to be branded with high - resolution graphics for superb customisation.

Faso believes the existing health care law should be repealed and replaced with a plan that allows for flexible spending or HSA accounts for all people — not just those who work for big companies or government; that there should be more insurance options with fewer mandates that drive up premiums but also cover catastrophic care without crippling deductible payments; and that there should be more incentives for doctors, nurses, nurse practitioners and physician assistants.

To overcome the financial barriers we have a range of strategies: we advertise our trips three years in advance along with our suggestions as to the most beneficial (language trips, outdoor education trips and trips linked specifically to their GCSEs) so that parents can prioritise accordingly; we reduce the costs for pupil premium students by using the additional money given to us by the government; we are flexible with payment plans; we allow in - school fundraising for certain trips; and we keep supplemental costs (for example kit and transport) very low by doing our own fundraising for those items.

The policy should be flexible enough to allow you to choose the tenure, the sum assured and the means by which you want to pay the premium annually or half yearly.

Universal life offers flexible premiums, allowing you to make more or less premium payments.

This is a more flexible option that allows you to change your premium payments and your payout amount (death benefit) as your life or needs change.

Universal life insurance policies offer flexible premiums that may allow you to adjust how much you'll pay each year by accessing some of the policy's cash value (though you will need to pay the minimum premium amount or the policy will lapse).

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

Variable Universal Life insurance is a flexible premium, permanent life insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and reward.

Accumulator Universal Life — Also provides you with a cash value and death benefits but has the added advantage of allowing you to make flexible premiums.

-- Also provides you with a cash value and death benefits but has the added advantage of allowing you to make flexible premiums.

Universal is similar to whole life except that its main feature allows you the option of having more flexible premiums.

The flexible premium and coverage guarantees allow you to design a premium payment over the number of years that you choose.

These policies are much more flexible than Whole life because they allow you to adjust your premiums, death benefits or coverage.

A universal life insurance policy, also known as a permanent policy, is a flexible type of life insurance that allows the policyholder to adjust the premium and amount of coverage.

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».

Variable Universal Life insurance is a flexible premium, permanent life insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and reward.

The best thing about RiverSource's universal life insurance policies are the flexible options that allow you to change premium payments and adjust your death benefit.

Our variable universal life products (VUL) are flexible — and allow you to adjust premiums and death benefits as your needs change.

Universal life insurance is a flexible permanent coverage option that allows premium payments to increase or decrease, assuming you have enough cash value in your policy to meet your monthly premium charge.

Universal life allows for a flexible premium but also allows for potential cash build up.

You can purchase flexible premium variable life insurance, which allows you to adjust your premiums.

Among its products are Term Life Insurance, which offers higher coverage for lower premiums, the Universal Life Insurance, which allows adjustable payments and makes funds accessible, the Whole Life Insurance, which offers long term coverage, and Annuities, which are tax - deferred and flexible.

Simply put, a flexible life insurance policy can allow you to change certain components of your plan, including the face amount, premium, and coverage period, in response to your changing needs and circumstances.1

As with a regular universal life insurance policy (UL), IUL allows for a flexible premium.

Flexible Bonus Option — it allows you to choose from a few bonus options — Bonus paid in cash, Premium Offset — Bonus declared is used to offset future premiums payable, paid up Additions — in this case, bonus declared is used to purchase additional sum assured, which helps to boost the maturity value through power of compounding.

You can learn more about the differences between variable and universal life insurance (it's essentially the manner in which the cash value grows), but know that universal policies tend to be a little more flexible, as they allow you to adjust your premium and death benefit, within limits.

Flexible premium policy or annuity: A life insurance policy or annuity contract that allows the amount and frequency of premium payments to be varied.

This is a more flexible option that allows you to change your premium payments and your payout amount (death benefit) as your life or needs change.

Universal life insurance is also flexible in nature, in that the policyholder is allowed, within certain guidelines, to alter the timing of when the premium is due.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

Universal life insurance is a more flexible policy that allows you to adjust the premium amount and death benefit.

However, this type of coverage is considered to be more flexible than whole life insurance, as the insured is allowed — within certain guidelines — to alter the timing and amount of the premium, based on their specific needs.

The universal and variable universal options both allow you to get a permanent death benefit, with flexible premiums, but the cash accumulation portion is invested differently.

Flexible premiums, which can allow policyholders to adjust their payment (alternatively, a fixed, consistent amount of premium can be chosen)

Flexible term life insurance plans are available, which provide high life covers at affordable premiums and allow you to increase your life cover after milestones like birth of a child, and decrease it after accumulation of ample assets or fulfilment of major responsibilities like child's higher education.

Universal Life Insurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to pay.

Variable universal life is a variation of the flexible premium policy that allows for cash value to be allocated in equity accounts similar to mutual funds.

The difference is that a universal life policy allows for the option of flexible premiums.

This flexible premium allows the policy holder to plan a premium payment over the number of years that he or she chooses.

If you want a flexible plan that allows you to build cash value, change your premium payments, and adjust your death benefit, then universal life may be a good option for you.

With the regular universal life insurance policy, the policy holder will attain flexible premiums — which can allow them to change their payment based on their changing needs (within certain policy guidelines).

A more flexible version of variable survivorship life insurance called «variable universal survivorship life insurance» allows the policyholder to adjust the policy's premiums and death benefit during the policy's life.

Universal life is another, more flexible type of permanent policy, allowing the policyholder to increase or decrease the death benefit at any time, and decide how much or little to pay in premiums, within limits set by the company.

Flexible Paid Up Rider: paid up additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividends.