Sentences with phrase «borrow against cash»

The seller who carries a loan as the bank can always sell the loan or borrow against the cash - flow.

Remember - if you borrow against the cash value of your life insurance or employee thrift plan, you will be making principal and interest payments for these separate from your mortgage.

Once the entire lifestyle plan has accumulated enough cash value you can borrow against that cash value to buy a house or cover some tuition bills.

Additionally, many permanent life insurance policies provide a financial vehicle that can be useful to you while you are still alive, allowing you to borrow against the cash value of the policy without a credit check or the need of putting up collateral.

If you own a VUL policy, you can borrow against the cash value build - up inside the policy.

Universal life behaves similarly to whole life, but allows you to borrow against the cash value as it accrues.

Can Borrow Against the Cash Value of a Whole Life Policy Another convenient feature of a whole life policy is that you can borrow against the cash value accumulation feature.

You are allowed to borrow against the cash value, but may need to wait for a certain period to be eligible for the same in a number of states.

You want to buy whole life insurance so you can borrow against the cash value.

Once your life insurance premiums are self - funded, your premiums vanish until such time as the mutual funds drop below the current value or you borrow against the cash value of the policy to the point where the dividends are no longer sufficient to make the premium payments.

You also have the option to borrow against the cash value accumulation of the policy at a lower rate than you would get at a bank.

You will only be able to borrow against the cash accumulation account.

Whole life and universal life insurance are types of permanent life insurance plans that accumulate cash value as the policy owner pays premiums, and the owner can borrow against that cash value.

It's simple to borrow against the cash value of a permanent life insurance policy as there are no loan requirements or qualifications... Read More

Depending on the terms of the whole life policy, a policyholder can borrow against the cash surrender value of the policy.

You can use the cash value as collateral for a loan, such as a small business loan, or you can borrow against the cash value to purchase other assets.

With a whole life policy, you can borrow against its cash value, which you've built up over time, to pay for big ticket expenses such as a wedding, college education, home purchase, or retirement.

Depending on the terms of the life insurance policy, you might be able to borrow against the cash surrender value of the policy.

Over time, after money has accumulated, you can withdraw or borrow against the cash value of the policy for emergencies (the available amount will vary by company) 1.

You can then borrow against the cash value in your policy giving you the opportunity to meet your future goals.

An incident of ownership includes the right to assign, to terminate, to name beneficiaries, to change beneficiaries and to borrow against the cash reserves.

For instance, permanent life insurance allows the insured to borrow against the cash value of the policy.

The policyholder receives dividends from the insurance company, and he or she can borrow against the cash value of the policy if the funds are needed.

The policyholder can borrow against the cash value, pay policy premiums with it later on, pass it on to their heirs, or use it as a non-taxable investment.

In theory, this savings mechanism accrues interest, and you can borrow against your cash value.

The insured can borrow against the cash value of his or her insurance policy, but the amount that will be extended as a loan is restricted to account for the fact that investments rise and fall in value.

They'll say that you can borrow against your cash value, use it to send your kids to college, or even retire on it.

If you borrow against the cash value of your life insurance policy through a loan, then you will not have to pay income tax on the money.

You can also borrow against your cash value, which typically doesn't require a credit check.

You have the right to borrow against your cash values.

Since a senior life insurance policy is a form of whole life insurance, you'll get many of the same benefits of a whole life policy: the policy lasts your entire life and builds cash value tax - free, you can borrow against that cash value for any reason and the death benefit is paid out tax - free to your beneficiaries.

You can also borrow against the cash value.

You can borrow against the cash value, but unpaid policy loans and interest will be subtracted from your death benefit.

It allows you to borrow against that cash value at any time during your life, tax - free.

An alternative to viatication is to borrow against the cash value of a permanent life insurance policy (this option is not available with term life insurance, however).

Policyholders can borrow against the cash savings in their plan, or use the savings to pay premiums.

Since whole life insurance will be with you until that inevitable day it will cost you more than other common types of life insurance.Whole life allows the owner to borrow against the cash in the policy.

This can be a big deal when your growth is high because you can borrow against your cash value and earn positive arbitrage due to your borrowed balance still earning interest crediting.

You can borrow against the cash value, use it to buy more coverage or surrender the policy for the cash.

Just keep in mind that if you borrow against the cash value of your whole life insurance policy, you should consider repaying it as soon as possible.

Where else can you receive «true» compound growth, except in a policy where you never need to withdraw the funds, but where you simply borrow against your cash value?

You can borrow against the cash value of the policy, or collect it when the policy is surrendered.

The policyholder can borrow against the cash value at any time to do any number of things: debt pay off, vacation, or even supplement retirement income.

You can borrow against the cash accumulation if have the need to do so, or use it pay for your premium for a certain period of time.

For example, a policy owner could turn in the policy for its available cash value, or borrow against the cash value and still keep the policy in force, or temporarily use the cash value to pay the policy's monthly premiums.

You can borrow against the cash value of your whole life insurance.

Another plus is you can borrow against the cash value at a decent interest rate, which will be deducted from the insurance policy if you die.

You can borrow against the cash value or cash in the policy.

Some whole life policies may allow you to borrow against the cash value of your life insurance policy rather than taking a withdrawal.

A better idea is to borrow against the cash value of the policy to help you through tough financial times without losing your coverage.