Sentences with phrase «as access to cash values»

If your budget will permit, a cash value life insurance policy can not only protect your family in the event of your death but also provide you with additional policy benefits, such as access to cash values for an emergency.

Not exact matches

As the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement incomAs the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement incomas quick cash for an emergency or to help supplement retirement income.

In this specific case it happens to be increased concerns with privacy and security After recognizing this an opportunity presented itself to create a stored value transaction system that would allow anyone with Internet access — even those without credit cards — to buy anonymously and safely online just as they would at a traditional retailer today with cash.

Whole Life Insurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawals.

You can use loans and partial withdrawals to access cash value to help for any life event, such as college loans, a down payment on a new home, a wedding, a potential business opportunity, or paying off college loans.

Also, as permanent insurance, the cash value account in universal life grows tax - deferred and can be accessed by the policyholder in the form of loans or withdrawals, subject to any applicable policy provisions.

The question of whether premiums are recognized as income for any of the above strategies is very fact specific, involving questions such as when the employee has access to the cash value in a insurance policy.

... because as the policy vests to your key employee, the premiums can become tax deductible for your business AND prior to vesting, while your business owns the policy, you can access the cash value for your business operations for all of the other reasons discussed above.

Moreover the flexibility of cash value life insurance allows you to access the funds for other investments when opportunities are made available, such as during market crashes and bubbles popping.

Over time, the cash value can grow and she could access it, in the form of a loan, to help with a major purchase such as a home or a car, or to meet any financial need that might arise.3

But what you gain is insurance that acts as an asset and that will grow in cash value and death benefit over time and allow you easy access to the funds for investments, paying off debt, or retirement planning.

Although the cash value in your policy is «your» money, you can't simply withdraw it as needed, as you would cash from a savings account; but you do have limited access to your funds.

LoanMart has a fast and simple solution for quick cash needs — an Auto Equity Loan that allows a borrower to gain access to money in a relatively short amount of time by using the value of a paid off automobile as collateral.

Our Car Title Loans is a fast and simple solution to fit your emergency cash needs that allows you to gain access to cash in a relatively short amount of time by using the value of your paid off automobile as collateral.

1 The information regarding access to cash value assumes the contract qualifies as life insurance under Internal Revenue Code (IRC) Section 7702.

Upon retirement, or some other mutually agreed upon date between the employer and employee, the employee can access the policy's cash value to use an additional income source, such as supplemental retirement income.

This specific type of whole life insurance offers substantial benefits to key people due to the steady accumulation of cash value within the policy and the flexible access to cash, as well as favorable tax treatment.

By contract, the employees access to the cash value can be restricted to a future date such retirement or after a set amount of time as an employee.

This future access to the cash value can act as «golden handcuffs» to provide additional security to the employer.

Keep in mind that this all refers to cash value withdrawals — there is another way of accessing your cash value as well, and it's tax - free.

Customers with a Signature Rewards Plus product pay a higher annual fee than Platinum Rewards Plus customers and as a result have access to more robust and valuable redemptions options; including Cash - back at a value of 1.25 %.

But throwing this emphasis on paying the subscription on top of charging a box price for a game whose cash shop is increasingly filled with some of the worst the market has to offer (though it mercifully falls short of full - on P2W) strikes me as wrong — and also completely unnecessary, considering The Elder Scrolls Online «s subscription already boasts some of the best value of any out there (including access to all DLC in addition to a cash shop stipend equivalent to the cost of the subscription itself).

A permanent life insurance policy with a cash value allows the lender access to the cash value to use as loan payment if the borrower were to default.

You can also access you cash value through tax free life insurance loans, which allow you to borrow the funds from the carrier, using your cash value as collateral.

A permanent life insurance policy with a specific cash value allows the lender access to that amount as repayment of the loan if the borrower were to default.

In fact, according to a recent survey by Allianz Life Insurance Company of North America, more than half (51 %) of respondents said they were either unsure or did not believe life insurance could provide living benefits such as access to potential cash value accumulation to help fund college education, supplement retirement or other financial needs.

If your life insurance is a permanent policy, also known as whole life insurance, that builds cash value over time, you may be able to access this cash value to help pay these bills.

During the term period, you will have access to cash value that you can borrow from and you are able to convert to a permanent policy under the same terms as TermSmart described above.

If funded correctly, you can build a policy strictly for the ability to access the cash value in the latter years, and use it as supplemental income.

There are also several unique tax benefits, such as tax - deferred cash value growth and tax - free access to the cash portion.

As the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement incomAs the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement incomas quick cash for an emergency or to help supplement retirement income.

It's possible to access that cash value as the funds grow.

There are more choices within the whole life umbrella with some offering a faster rate of growth for maximum cash value growth and others providing access to living benefits as well as the death benefit.

Affordable coverage for your entire life Level, fixed premium rates that will never change Building of cash value on a tax - deferred basis Access to policy's loan value1 through policy loans and withdrawals, if needed An option as part of your estate planning / funeral expenses The comfort that comes from knowing that you have secured the future for those counting on you

These advantages include tax deferred growth as well as the potential to access policy cash values without paying taxes via withdrawals and policy loans.

Plus, even though there will be interest due on your borrowed funds, accessing your policy's cash value by borrowing can allow you to benefit financially in other ways, such as:

You have access to the cash value by taking a withdrawal or by using the cash value as collateral and taking out a life insurance loan.

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

With its permanent policies, New York Life offers access to cash value via loans and / or withdrawals, as well as many plans that have guaranteed interest rates, and periodic dividends with paid up addition options.

Cash value is a separate savings component that you may be able to access while you're still alive.1 Permanent life insurance lasts from the time you buy a policy to the time you pass away, as long as you pay the required premiums.

The charity will name itself as beneficiary and the charity will have full access to the policy cash values prior to the insured's death.

Keep in mind that this all refers to cash value withdrawals — there is another way of accessing your cash value as well, and it's tax - free.

As discussed above, whole life insurance, as well as other types of permanent life insurance with cash value, allows access to the cash value in your policy through policy loanAs discussed above, whole life insurance, as well as other types of permanent life insurance with cash value, allows access to the cash value in your policy through policy loanas well as other types of permanent life insurance with cash value, allows access to the cash value in your policy through policy loanas other types of permanent life insurance with cash value, allows access to the cash value in your policy through policy loans.

Moreover the flexibility of cash value life insurance allows you to access the funds for other investments when opportunities are made available, such as during market crashes and bubbles popping.

But what you gain is insurance that acts as an asset and that will grow in cash value and death benefit over time and allow you easy access to the funds for investments, paying off debt, or retirement planning.

The AG Secure Lifetime GUL II provides a guaranteed death benefit, as well as guaranteed cash values — and guaranteed access to those cash values.

By contract, the employees access to the cash value can be restricted to a future date such retirement or after a set amount of time as an employee.

... because as the policy vests to your key employee, the premiums can become tax deductible for your business AND prior to vesting, while your business owns the policy, you can access the cash value for your business operations for all of the other reasons discussed above.

The question of whether premiums are recognized as income for any of the above strategies is very fact specific, involving questions such as when the employee has access to the cash value in a insurance policy.

These benefits can include eligibility to earn dividends, cash value access from partial surrenders and loans, and guaranteed cash value accumulation — as long as you pay your life insurance premiums.