Sentences with phrase «also accumulate cash value»

Permanent life insurance will provide coverage for the individual's entire life and also accumulate a cash value over time.

Many whole life insurance plans, in addition to providing the insured with fixed death benefits, also accumulate cash value as policyholders pay into the plans with their premium dollars.

Permanent policies also accumulate cash value over time, while term policies do not.

Whole life policies also accumulate cash value through annual dividends paid to participating policy owners.

In addition to providing a payout to beneficiaries upon the policyholder's death, permanent life policies also accumulate cash value that can be borrowed against.

They provide a death benefit and also accumulate cash value.

One of the benefits of a permanent life insurance policy (whole life or universal life) is that, in addition to providing a death benefit, it can also accumulate a cash value, which can be accessed in later policy years.

They usually also accumulate cash value which can then be paid out in dividends or applied to your account as a payment against your premium.

They are both whole life insurance which means that they pay a benefit on the death of the insured and they both also accumulate a cash value.

Whole life insurance policies also accumulate cash value over time.

Universal and variable universal life policies also accumulate cash value over time, but with the flexibility to adjust premiums and coverage.

In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.

Whole Life, Universal Life, and Variable Life also accumulate a cash value over time that can be used for retirement income... the cash value usually accumulates tax deferred.

Permanent policies may also accumulate cash value which you can access for any reason, including to pay college tuition, retirement funds, etc..

These policies not only provide a death benefit, but they also accumulate cash value over the course of the policy, which you can borrow against as you age.

In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.

Permanent policies also accumulate cash value over time, while term policies do not.

Whole life insurance stays in effect for your entire life and also accumulates cash value over time.

Whole life insurance policies also accumulate cash values.

Whole life insurance policies also accumulate cash values.

The second type, universal life insurance, also accumulates cash value over time.

It also accumulates a cash value, which means it provides both an investment vehicle and a death benefit.

In addition to the death benefit also provided by term - life insurance, permanent insurance also accumulates cash value.

It also accumulates cash value over time and offers the opportunity to earn dividends.

Whole life insurance stays in effect for your entire life and also accumulates cash value over time.

It also accumulates some cash value which you can access at future date for small emergencies.

This Fully Underwritten Universal Life offers flexible premium, adjustable benefit life insurance that also accumulates cash value tax - deferred.

Life insurance that pays a benefit of the death of the insured which also accumulates a cash value.

Premiums are typically higher than term insurance, but that is because you are also accumulating cash value in your policy.

In the event that you require it, the policy also accumulates a cash value.

This policy also accumulates cash value and can be possible to access the cash value as the funds grow.

Whole (permanent) life insurance provides a death benefit for the rest of your life and also accumulates a cash value.

Whole life insurance also accumulates a cash value, which can be accessed by the owner, during the life of the policy.

This type of life insurance policy also accumulates cash value, and can be used for other purposes than just life insurance protection.

Not exact matches

Cash value life insurance refers to any life insurance policies that not only have a death benefit but also accumulate value in a separate account within the policy.

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

It also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

As cash values accumulate in the policy, you also have the option to use these funds to pay the premiums; however, this is still considered a loan and the same factors exist.

Also, the cash value will accumulate sooner in certain policies.»

If $ 300,000 has been contributed on behalf of a teacher (including accumulated returns), then the cash value of an annuity provided to this teacher should also be $ 300,000.

It not only allows parents to pay for a funeral and time off work should the worst happen, but it also locks in their child's future insurability and the policy starts accumulating a cash value.

You can also terminate the policy (or «surrender» it) if you want to, and get part of the accumulated funds, or you can sometimes borrow money against your policy's cash value.

It also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Cash value life insurance DEFINITION: a permanent life insurance policy that provides a death benefit, which also has an account that accumulates cash vaCash value life insurance DEFINITION: a permanent life insurance policy that provides a death benefit, which also has an account that accumulates cash vacash value.

As cash values accumulate in the policy, you also have the option to use these funds to pay the premiums; however, this is still considered a loan and the same factors exist.

Not only would your beneficiary receive the death benefits, or «face value» of the life insurance policy, but you are also accumulating a «living» benefit — the cash value that accumulates in the saving / investment component of your policy.

For example, while whole life policies do provide a guaranteed death benefit, they also generally accumulate significant cash value that can be accessed during the insured's lifetime.

In addition to the life insurance coverage that is provided with a permanent plan, this type of policy will also include a cash value component where cash can accumulate on a tax deferred basis over time.

Permanent life insurance DEFINITION: permanent life, also known as cash value life insurance, is coverage that lasts your entire life and accumulates cash value.