Sentences with phrase «charges against the cash»

A surrender charge is a hold back amount that an insurer charges against the cash values of a life insurance policy for the first 8 to 10 years, if funds are withdrawn early.

Surrender Charge Typically applicable to adjustable life, indexed universal life, and variable universal policies, a generally declining schedule of charges against the cash value may be imposed on the policy for a certain number of years from policy inception if the policy is surrendered, the death benefit is reduced, or in some instances, the surrender charge is taken into account in the monthly calculation to determine if the policy is still in force.»

The annual investment or management investment fees charged against your cash value are designed to make sure the universal life insurance company is profitable even when their portfolios perform poorly.

Not exact matches

The accounting basis is not the same — the Estimates are on a cash basis of accounting while the Budget is on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax expenditures are not included in the Estimates; and the Estimates are on a net basis, netting off revenues against applicable spending, while the Budget is on a gross basis, recording such charges / fees as revenues.

I can not tell you how often I tell one of my customers that even though they have no debt and all of their equipment was paid in cash, their bank still has a first charge against everything via a GSA (General Security Agreement).

The five - count complaint against Mr. Silver on charges of wire fraud, mail fraud, conspiracy, and extortion outlines two schemes Mr. Silver used to leverage his official position as the Assembly speaer to rake in cash, which he presented as legitimately earned income for representing private clients.

An indictment scheduled to be unsealed today by Manhattan DA Cy Vance Jr. will contain a long - expected charge against Queens GOP operative John Haggerty in connection with $ 750,000 worth of Mayor Bloomberg's cash he received through the state Independence Party, multiple sources

City Hall news has the following scoop in the ongoing Manhattan DA's case against GOP operative John Haggerty, who was indicted on charges of stealing hundreds of thousands of dollars worth of cash Mayor Bloomberg contributed to the state Independence Party:

The hedge fund at the center of a scandal involving corruption charges against former Correction Officers Benevolent Association president Norman Seabrook was able to convince a Manhattan judge that it has the cash to repay a $ 30 million loan.

The hedge fund at the center of a scandal involving corruption charges against former Correction Officers Benevolent Association president Norman Seabrook was able to convince a Manhattan judge Monday that it has the cash to repay a $ 30 million loan.

This is the second time a jury was asked to rule on the charges brought against Seabrook, nicknamed «Cash and Carry» Larry.

Cash advance fees are charged to your account when your card issuer determines that you've borrowed cash against your creCash advance fees are charged to your account when your card issuer determines that you've borrowed cash against your crecash against your credit.

A fee that is charged whenever you borrow cash against your credit.

A cash advance fee might be charged if you withdraw cash from an ATM using your credit card or write a check against your card.

Most cards charge a fee when you transfer a balance from another card or take a cash advance against your account.

You can save money on late charges or bounced checks by securing a cash advance against your next payday.

When redeeming against travel expenses you'll receive a bonus of $ 220 in cash, when redeeming against other charges you'll only receive $ 100.

Mortality and expense charges assessed against cash values can range from.6 to.9 percent.

If they depreciate in a corporation, that depreciation charge is accounted for against income and it's not a big deal — the company just distributes the cash that it can based on retained earnings which accounts for depreciation expense.

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.

Just like with other types of permanent life insurance policies, cash can be withdrawn or borrowed from the policy, however, an unpaid balance will be charged against the death benefit should the insured die prior to the money being repaid.

If you redeem these miles against charges that are not travel related they are only worth 0.5 cents each which would make this a straight 1 % cash back card and rather ordinary.

There may be interest charged against your account if you do a cash advance, perform an overdraft advance or balance transfer on the date the transaction was made.

It does not account for the service charge levied against your transactions, and does account for the idle cash.

Given that most credit cards charge 21 % on cash advances, without an additional $ 5 fee, taking the $ 300 payment from your credit card may be a slightly better option, as long as you put funds against your credit card balance as soon as you can.

very bad and waste of money against service provide Location is good... very close to eiffel tower... Room internet is very good Rest everthing hopeless... STAY AND WASTE YOU MONEY Also on check out i paid CASH for 2 extra breakfast i had taken for my guest... After 2 days I came to know you had charged my credit card... can u give explanation for this stupid billing

Let's run through the numbers and examine how an airline card (the American / Citi card in this case) would stack up against a cash - back card that offers 2 percent back on every charge.

If, however, a policyholder does remove cash from the policy — regardless of whether it is through a withdrawal or a loan — any unpaid balance will be charged against the death benefit proceeds.

The main purpose of the legal reserve is to provide lifetime protection, but because more money is collected in premiums in the early years of a policy than is needed to cover the mortality charge, level - premium policies develop a cash value, which the policyholder can borrow against, or can surrender the policy for its cash value if the policyholder no longer wishes to continue the life insurance policy.

It is important to note, however, that even though a withdrawal or a loan is not required to be paid back, if there is an unpaid balance in the cash - value component of the policy at the time of the insured's death, then the amount of that balance will be charged against the death benefit that is paid out to the policy's beneficiary.

(It is important to note, though, that any amount of un-repaid cash will be charged against the sum of the death benefit that is ultimately paid out to the policy's beneficiary).

If you decide to decrease the coverage, you must be aware of the fact that a decrease below the required minimum may lead to a surrender charge applied against the cash value.

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.

Missed premiums are deducted as loans against the cash value and often charge an interest rate upon repayment.

It is important to note here, though, that any un-repaid balance in the cash value that remains at the time of the insured's death will be charged against the amount of the death benefit that is paid out to the policy's beneficiary.

Colonial Penn Guaranteed Issue policies do build cash value and can be borrowed against; however, Colonial Penn charges an 8 % interest rate on any loans made against the cash value.

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.

Interest incurred on indebtedness has historically been deductible, (although the deduction of «personal» interest was largely eliminated in 1986), and in the 1950s a type of «leveraged insurance» transaction began being marketed that permitted an insurance owner to in effect deduct the cost of paying for insurance by (1) paying large premiums to create cash values, (2) «borrowing» against the cash value to in effect strip out the large premiums, and (3) paying deductible «interest» back to the insurer, which was in turn credited to the policy's cash value as tax - deferred earnings on the policy that could fund the insurer's legitimate charges against policy value for cost of insurance, etc..

It is important to note, though, that any amount of unpaid cash balance upon the death of the insured will be charged against the amount of the death benefit that is paid out to the policy's beneficiary.

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.

However, it is important to note that if there is an unpaid balance in the cash component at the time of the insured's passing, then the amount of this balance will be charged against the amount of the death benefit that is paid out to the named beneficiary.

Any amount of an unpaid cash value balance, however, will be charged against the death benefit that is paid out to the policy's beneficiary at the time of the insured's death.

Just like with other types of permanent life insurance policies, cash can be withdrawn or borrowed from the policy, however, an unpaid balance will be charged against the death benefit should the insured die prior to the money being repaid.

Mortality and expense charges assessed against cash values can range from.6 to.9 percent.

It is important to note, however, that any unpaid cash value balance will be charged against the death benefit if the insured passes away before the balance is repaid.

A policy loan is a loan against your cash value that you would have to pay back and they charge you an interest on the money you took out.

The investment component serves as «bank» of sorts for the amounts left over after charges are applied against the premium paid, namely charges for mortality (to fund the payouts for those that die with amounts paid beyond the cash values), administrative fees (it costs money to run an insurance company (grin)-RRB- and sales compensation (the advisor has to earn a living).

Mark Karpeles, the chief executive of the now defunct Mt. Gox bitcoin exchange, has denied the embezzlement charges slapped against him in connection with the disappearance of millions of dollars» worth of virtual currency and cash.