Not exact matches
As you pay your premiums, over time you begin to
accumulate a
cash -
value component you can
borrow against.
The investment component builds an
accumulated cash value the insured individual can
borrow against or withdraw»
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.
Like other types of
cash value life insurance policies which allow policy loans, most annuity contracts allow owners to
borrow against the annuity contract's
accumulated cash value.
By contrast, a Term Life policy
accumulates no
cash, so there's no available
cash value to
borrow against.
A Whole Life policy
accumulates cash value throughout the life of the policy, which can be
borrowed against.
Much like universal life insurance, whole life has the potential to
accumulate cash value over time, creating an amount that you may be able to
borrow against.
While the premiums can be fairly pricey, the protection lasts your entire life and the policy will
accumulate cash value that can be
borrowed against.
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.
One of the advantages of a whole life policy is that it
accumulates cash value over time, thus creating an amount that a person can
borrow against if needed.
You can
borrow against the policy's
cash value, as it
accumulates over time, to help cover unforeseen expenses.
A Whole Life policy
accumulates cash value throughout the life of the policy, which can be
borrowed against.
As
cash value builds in a whole life policy, policyholders can
borrow against the
accumulated funds and receive the funds tax - free.
The policy
accumulates cash value that can be
borrowed against and used for whatever you need it for.
Although
borrowing against the
accumulated cash value is convenient, you have to pay it back.
By contrast, a Term Life policy
accumulates no
cash, so there's no available
cash value to
borrow against.
Whole life insurance
accumulates cash value, too, providing you the option of
borrowing against it1.
Whole (or permanent) life insurance remains in place no matter how long you live, and it can even
accumulate a
cash value that can be
borrowed against.
Certain life insurance contracts
accumulate cash values, which may be taken by the insured if the policy is surrendered or which may be
borrowed against.
While the premiums can be fairly pricey, the protection lasts your entire life and the policy will
accumulate cash value that can be
borrowed against.
Much like universal life insurance, whole life has the potential to
accumulate cash value over time, creating an amount that you may be able to
borrow against.
Any
accumulated cash value in your policy may be
borrowed against by way of a policy loan and used to provide living benefits.
Typically, dividends
accumulate inside a
cash value, and you can
borrow against it to pay for different things.
Any
cash value that may
accumulate in your policy can be withdrawn or
borrowed against and used for any purpose (important note: any outstanding loans or partial withdrawals that aren't paid back will reduce your policy's death benefit)
Premiums are fixed for the life of the policy, and there is a
cash account that
accumulates cash value and can be used to pay premiums for a period of time or
borrowed against.
These policies also include an investment component, which
accumulates a
cash value that the policyholder can withdraw or
borrow against.
The more time goes by the more
cash value your policy
accumulates and you will be able to «
borrow» funds
against the policy.
Permanent life insurance offers an insurance component that pays a stated amount of proceeds upon the death of the insured, while at the same time providing a
cash value or investment component that
accumulates cash value that the policy holder may withdraw or
borrow against.
Like other permanent policies, a burial insurance policy can
accumulate tax - deferred
cash value over time, which can be either withdrawn or
borrowed against at the policy owner's discretion.
As the
cash value in a policy builds, you can
borrow against the
accumulated funds.
You can typically
borrow against your policy's
cash value, which
accumulates on a tax - deferred basis.1
While not to take the place of a savings account, some permanent insurance products have a
cash value component that
accumulates interest which can be used, via surrendering the policy or
borrowing against it, for future expenses such as medical bills; however, the
value grows more slowly than a typical investment plan and if you don't repay the policy loans with interest, your death benefit will be reduced.
Accumulates Cash Value: Some of the funds from your premium payment will be placed in a cash account that you can borrow agai
Cash Value: Some of the funds from your premium payment will be placed in a
cash account that you can borrow agai
cash account that you can
borrow against.
It should be noted, whole - life policies tend to be relatively expensive, however, they do
accumulate cash value which can be
borrowed against should the need arise.
Whole - life policies have a level premium and
accumulate cash value (savings) within the policy that can be
borrowed against.
It also offers a
cash value portion that
accumulates cash that can be used by the policy holder to withdraw or
borrow against.
Some whole life policies are used as investments, because they can
accumulate a
cash value that can be
borrowed against or used to cover the cost of the premiums.
Value - accumulating whole life or universal insurance is often offered as death benefit protection with a cash value component that you can borrow against or eventually cash in by surrendering the po
Value -
accumulating whole life or universal insurance is often offered as death benefit protection with a
cash value component that you can borrow against or eventually cash in by surrendering the po
value component that you can
borrow against or eventually
cash in by surrendering the policy.
Accumulates tax - deferred
cash value that can be
borrowed against through an interest - bearing loan or receive if the policy is surrendered.
A portion of your payments gets
accumulated as
cash value which can be used for retirement or can be
borrowed against as a loan during the life of the policy.
As
cash value builds in a whole or universal life insurance policy, policy holders can
borrow against the
accumulated funds.
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.
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've heard that some kinds of insurance allow you to «
borrow»
against the
accumulated cash value as a tax - sheltered investment account.
Universal life policies allow policyholders may also
borrow against the
accumulated cash value without tax implications.
Permanent insurance
accumulates a
cash value, which the policyholder may
borrow against tax - free.
The investment component builds
accumulated cash value the insured individual can
borrow against or withdraw.
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.
Whole life insurance provides protection for your entire lifetime and
accumulates a
cash value that the policy owner can
borrow against.
The
cash value that is
accumulated inside the policy can be
borrowed against like a home equity line of credit.