Sentences with phrase «borrow against while»

This savings feature can be used to increase the policy's death benefit or you can borrow against it while you're still alive.

In addition, many permanent policies build cash value that you can borrow against while living.

Not exact matches

While some school administrators may frown on the practice of using borrowed cash for non-school expenses — and taking out student loans for risky investments seems like a great way to graduate with even more debt — per Student Loan Report there aren't any rules against it.

«While our competitors can use their surpluses to guard against turbulence, we borrowed in a boom and have no room for manoeuvre.»

On borrowing to cut taxes, Labour voters like the idea, while Conservative and Lib Dem voters generally against.

Fieldrunners 2 keeps the best aspects of the original title while borrowing from its brethren to come up with a fantastically fine - tuned challenge that remains rewarding whether you take the easy route or bash your head against its harder challenges.

Homeowners age 62 or over can apply for a reverse mortgage, a loan that allows them access a portion of their home equity while staying in their home and maintaining the title.4 The loan works by allowing seniors to borrow against the value of their home and defer mortgage payments until after the last remaining occupant has moved out or passed away.

You can then borrow against the value of your home's equity while staying in your home and maintaining the title.6

While term life insurance doesn't accrue a cash value over time, meaning you can't borrow against it, a term policy has a low cost by comparison and is still customizable to an individual's situation.

While you can invest in the same products as a Cash account, this account is for a more aggressive leverage strategy, allowing you to borrow against the securities held within your HSBC InvestDirect account.

While now the MCLR should factor in the repo rate, but how much really the weightage is of this cost of borrowing from RBI for the bank as against rest of the marginal costs.

A reverse mortgage allows qualified senior homeowners to borrow against their home equity tax - free2 while continuing to own and live in their house.3 The money can be received as a lump sum, 4 monthly payments, or a line of credit to access when needed.

With a Share Secured Loan you borrow against your savings at Preferred Credit Union and receive a low - rate loan, while still earning interest on your pleaded savings account.

And, the available funds in this type of line of credit grow over time, while HELOCs typically provide a fixed amount that the borrower can draw against and that the lender could freeze at any time to preclude further borrowing.

While your monthly premium usually won't change with whole life, you can generally borrow against the cash value of your policy with favorable terms.

While borrowing against it can give you a regular source of income, it s important to understand the disadvantages of a reverse mortgage.

Some of these types of plans allow you to withdraw the money early for an assortment of reasons while others won't, but they might allow you to borrow against what you have in them.

Term life insurance is usually limited to income replacement, while whole life insurance also includes an investment component and builds cash value against which you can borrow.

You'll then borrow against that collateral while your secured credit card account remains open.

While there are other types of secured personal loans available (an example would be pawn shop loans), a car title loan offers a unique advantage: unlike pawn loans, where you are required to provide the lender with possession of the jewelry or other valuable you are borrowing against, since all you need to hand over is the car title, you are able to drive your car while you make paymWhile there are other types of secured personal loans available (an example would be pawn shop loans), a car title loan offers a unique advantage: unlike pawn loans, where you are required to provide the lender with possession of the jewelry or other valuable you are borrowing against, since all you need to hand over is the car title, you are able to drive your car while you make paymwhile you make payments.

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.

Obtain liquidity today while preserving your equity upside by borrowing against your shares with a non-recourse loan.

Borrowing against your certificate account gives you access to cash while still earning dividends on your funds, and avoids withdrawal penalties that may apply prior to certificate maturity.

These loans are called second mortgages, since they allow you to borrow against the equity built while repaying a primary mortgage.

You are the owner and as such, you may borrow against the policy at any time while the insured is living.

«Unsecured» is based primarily on your credit while «secured» allows you to borrow against collateral.

You may access or borrow against these funds while you are alive.

There'll be plenty of single player tracks to try out but seamless online integration is the aim of the game with players being encouraged to race against a mix of AI and online racers while sharing their created or borrowed content.

While you can sometimes borrow against your life insurance policy or receive living benefits from consistently a paying your premiums, there is no such benefit from a burial insurance policy.

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.

While the funds that are borrowed from a permanent life insurance policy do not typically have to be repaid, if they are not, the shortfall — plus interest — will be charged against the amount of the death benefit that is ultimately paid out to the policy's beneficiary.

You can borrow against (or make a withdrawal from) that cash value to pay for tuition, books and other college expenses while not reducing the amount of federal financial aid available to your child.

With loans, money is simply borrowed against the value of the account, while the total value stays intact.

While a permanent policy's cash value can be borrowed against to help with expenses such as retirement or college tuitions, the loans can reduce the death benefit and cash value of the policy and the loan interest may be charged on the amount borrowed.

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.

Should you encounter any financial difficulties while your child is growing up, it's good to know that you can borrow against the policy's available cash value as long as all premiums are paid (policy loan interest rate is 8 %).

In contrast, the advantage to a universal policy is that the person is covered for their lifetime and while the monthly premiums are higher than term life, a portion of the premium are being invested for them and are available in the future to cash out or borrow against.

If you have borrowed against the cash value accumulation while still alive, any amount that has not been re-paid, along with interest, will be deducted from the death benefits when you die.

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.

The cash value accumulation portion of any permanent life insurance is only available to the insured person while they are still alive, and is available to borrow against (for which the policyholder will be charged interest) or for withdrawal.

Like whole life insurance, universal life insurance's cash value component grows over time and you can borrow against it tax - free, while you're still alive.

Perhaps you will be able to borrow more from a personal loan since the insurance loan amount will be decided by the cash value of your plan, but then your whole credit score will be put on the line, something that is not touched while taking a loan against your insurance policy.

While term life insurance doesn't accrue a cash value over time, meaning you can't borrow against it, a term policy has a low cost by comparison and is still customizable to an individual's situation.

Policyholders who have borrowed against their policies may receive reduced annual dividends while the loan is outstanding.

This means that if you borrow against it and die while the loan is outstanding, the death benefit is reduced by the amount of the outstanding loan.

if you borrow against it and die while the loan is outstanding, the death benefit is reduced by the amount of the outstanding loan

With whole life insurance, you can borrow against the amount you have paid in, called cash value, and some type of policies will even allow you play an active part in how the money you pay in is invested, which has the potential earn money for you while you are alive.

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.

While it builds some minor cash value, it is not meant to be used or borrowed against.

While Sweetbridge wants to start enabling liquidity for crypto assets, its aspirations are bigger, in that one day they hope to allow a trucking company that wants to install a gas - saving platooning system in its vehicles to be able to borrow against the value of the fleet itself to pay for those upgrades.