Sentences with phrase «cash value of»

In addition, the cash value of that policy accumulates over time — and it's tax - deferred.

The cash value of a whole life policy grows on a tax - deferred basis — which can help it grow considerably.

Because the interest and other fees charged on any outstanding balance are greater than the cash value of the rewards points, you may pay more in fees and interest than the value of the points you earn if you do not pay your bill in full each month.

One of the key provisions of a universal life policy is that most will allow policy holders to take out a loan against the cash value of the policy.

However, if and when the cash value of a universal life insurance policy reaches zero, the policy lapses.

Most standard policies cover the cash value of your property — the original cost depreciated over the years.

Current dividend was only $ 67 on a cash value of $ 5000 and it was projected to be $ 150 at this point — that's about a 1.2 % return on my money — though I realize that's not how dividends are calculated.

The cash value of the contract after that would depend on how a total withdrawal rate of about 8 percent (payout plus product expenses) affected the value of the underlying account assets.

They hand you the cash value of the equity of your vehicle.

In addition, the policy holder can use some of the cash value of the policy to pay for insurance premiums.

Donations start at 4,000 Points, which equates to a cash value of $ 10 USD.

Supposing you have an auto loan of $ 22,000 while the cash value of your car is just $ 19,000.

Term life insurance is straightforward, but the cash value of whole and other permanent types can act as a forced investment vehicle.

The cash value of your car is usually lower than its purchase price because of depreciation which might be caused by wear and tear, damp, rot, damp, rust and corrosion or due to obsolescence.

The cash value of a life insurance policy accumulates tax deferred, but if you surrender the policy, you'll incur an income tax liability for funds that exceed the premiums you have paid.

You can elect for the death benefit to only pay out what has been accumulated in the cash value of the policy, which costs less than electing a fixed death benefit plus the cash value.

But if you have gap insurance, it will will help you pay the $ 3,000, which is the difference between your auto loan and the cash value of the car.

On the other hand, if your car is financed but you made a huge down payment or you have significantly paid down the loan to the extent that the loan balance is the same or lower than the cash value of your car, you don't need to buy guaranteed auto protection insurance again.

It's important to note that when you borrow against the cash value of your policy, interest will be charged on the loan, but in most cases the interest rate tends to be very low.

Please note that the cash value of your car is not the same as your car purchase price.

The cash value of a whole life insurance investment policy can be accessed without having to jump through the various hoops that are necessary for a bank loan, including a credit check and reams of paperwork.

If the car is involved in an accident beyond repair, your collision insurance coverage will help you pay $ 19,000 which is the cash value of the car.

Gap insurance is that type of insurance that covers the difference between your car loan and the cash value of your car in the event that the car is totalled.

There is an arithmetically calculated value for the difference, or spread, between the futures contract price and the actual cash value of the underlying stocks (in the appropriate weighting) comprising the S&P 500.

Two types of protection available: Replacement Cost Settlement, which pays to repair or replace your home without deducting for depreciation, and Actual Cash Settlement, which pays you for the cash value of your property based on its current condition.

My wife was offered a permanent policy that pays $ 100k which costs $ 83 / mo, and would have a cash value of $ 35k at age 65.

Cash settlement — a method of settling certain futures contracts by having the buyer (or long) pay the seller (or short) the cash value of the contract according to a procedure set by the exchange.

This includes coverage for the cost of repairs up to the cash value of your car after subtracting the cost of your deductible.

For example, if you know you're going to buy a $ 10,000 car in two years, your best move is to start putting $ 400 a month into a savings account right now, which will add up to nearly the cash value of the car.

If the car is irreparable, collision coverage will pay you to the cash value of the insured car.

Collision coverage settlements are usually based on the cash value of your car prior to an accident.

On the other hand, if you find yourself under a financial strain, you can reduce your premiums, or you may even be able to deduct premium payments from the cash value of the policy.

That's good, because the actual cash value of a six month old laptop has diminished significantly.

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

The actual cash value of that secondhand couch might be five dollars, but after suffering a loss it's going to cost you far more than that to replace it new.

The actual cash value of your property is minimal, which is why replacement cost is so important.

The actual cash value of personal property is the depreciated cost based on how long you've owned it and what condition it's in.

That means your claim will be paid based on the actual cash value of the items suffering a loss at the time it occurred.

This leaves the actual cash value of the television insured by your home policy to be $ 600 ($ 1,000 - $ 400).

You can borrow up to the cash value of the policy.

You don't want the actual cash value of your couch, you want to get the cost to replace it after a loss.

So if your portfolio does well, the earnings on the cash value of your policy may exceed what you would have earned through a standard UL.

If your assets are worth more than the exemption dollar amount, the item can be sold, and the court will give you the cash value of the exempted amount.

But with Variable Life policies, there's a direct link between the cash value of your policy and the performance of the portfolio of sub-accounts you choose.

Yellen advocates taking out a life insurance policy and then borrowing against the cash value of that policy.

Policies come with replacement cost coverage, so you don't have to worry about the actual cash value of your property while you're trying to replace it — you'll get what you need in order to replace it with property of like kind and quality.

In this situation, consider having your children own the life insurance policy, because, if the parent (s) become institutionalized, the cash value of this policy will be includable in their assets and may have to be withdrawn, or the policy surrendered in order to pay for long - term care expenses.

Always evaluate the cash value of the points to compare that with the cash equivalents that are available.

Receive coverage at no additional cost for covered damage due to collision or theft up to the actual cash value of most rental vehicles.

The law is plain; the # 100 is for the cash value of a «single item» (so excluding any fees, and charges such as delivery).