Sentences with phrase «amount of the premium»

Any dividends you receive that exceed the total amount of premiums paid on your policy are considered taxable.
When comparing total amount of premium paid for short period, term insurance would be less whereas whole life insurance would be high.
In most cases, an insurance company will usually charge a low amount of premium for term life insurance — especially during the first several years that the policy is in force.
As the name implies, the cost is insurance is the minimum amount of a premium payment required to keep the policy active.
There can be a vast difference between the performances of life insurance companies and thus a noticeable difference in amount of premium, cash value and dividend.
We'd be collecting the same amount of premium as we're buying, so even if coffee continued lower we'd lose nothing.
For example; if one is buying a life insurance cover for a long term and will be paying the premiums for longer duration, hence, they will pay lower amount of premium.
Unfortunately, you would need to pay high amount of premiums.
You pay the same amount of premium for a specific period to receive the death benefit.
A certain amount of the premiums paid for the insurance coverage is invested on the policyholder's behalf by the insurance company.
A small amount of the premium paid into an indexed universal life policy goes toward the cost of insurance charges while the majority of the premium goes to the cash value account.
It is similar to the universal life policy but the insurer determines the total amount of premiums payable.
This particular report ranked auto insurance companies by the total dollar amount of premiums written in a year.
The target premium is the minimum amount of premium required to keep the death benefit in force.
The minimum amount of premium allocated to any investment fund should be at least 15 % of the annual premium.
A top - up premium is an additional amount of premium over and above the basic premiums.
Upon the end of the term, the insurer would pay out the full amount of premiums paid.
Variable life insurance is different from permanent life insurance because a certain amount of your premiums go towards a separate account that invest your money in a variety of ways to benefit your savings.
Paying annually will enable you to pay the least amount of premium dollars.
The maximum amount of premium deductible from your health insurance is Rs 15,000 if you are under 60 years old.
The entire amount of premium goes into reimbursement of the policy if the insured person expires before maturity of the policy.
Such policies typically are also charged a higher amount of premium rate.
In this situation the extra amount of premium charged from this person is what is called loading or medical loading.
While many law firms used to target the most coveted high - end work, they have realized that there is a limited amount of this premium work available.
In the end, as it turns out, you need to pay large amount of premium just to pay the same policy because of the high risks in traffic.
And the best part of is you can withdraw from these funds tax - free as well — as long as the amount is under the total amount of premiums deposited.
I have read 2 - 3 forum with respect to term insurance and came across that everyone says please consider amount of premium while selecting insurance company.
Next important thing to check is what amount of premium you will have to pay and for how long in order to receive the sum assured you want.
In the term plan a fixed amount of premium is required to be paid at regular intervals till the maturity of policy.
This plan is cost effective i.e. lesser amount of premium as compared to the other plans with significant cover.
The investor has to pay a particular amount of premium regularly towards the plans for a definite period of time.
This is because these individuals can deposit a substantial amount of premium dollars into these accounts to build up a large cash value while they are still in their working years.
The investor has to pay a particular amount of premium regularly towards the plans for a definite period of time.
The Term Insurance calculator is a specialized tool which will enable you to know the appropriate amount of the premium or cost of purchasing the Best Term Plan.
Therefore, if the insured purchases the policy at a younger age, he or she can end up paying a relatively low amount of premium throughout the life of the plan.
This means you have the most choice among partner airlines and typically the highest amount of premium cabin award space availability.
Whole life insurance also provides a level amount of premium throughout the life of the policy.
The immunity system of human body gets the week with the age and that is why in the old age, one has to pay more amount of premium.
It is calculated as the total value of all claims paid by the company divided by the total amount of premium collected in a financial year.
Insurance carriers rate your risk of dying prematurely, thus resulting in the insurer having to pay the death benefit to your beneficiaries before you make a significant amount of premium payments.
The sum assured under these plans is generally higher than what is available for the same amount of premium under the traditional endowment policies.
Each month, you can have a certain amount of your premium allocated to that investment portfolio.
In addition to the extract grade vanilla beans, I also bought a much smaller amount of premium vanilla beans for baking with.
Paying for large amounts of premium video chat services should act as a red flag and spark the user to find more reputable relationship assistance.
In these policies you are required to pay a specific amount of premium regularly towards the premium for a defined period of time.
And vice versa, if you are trying to maximize the cash value for a given amount of premium then the death benefit should be low to reduce internal expenses of the policy.
This excess amount of premium goes into the cash value portion of the policy.
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