Sentences with phrase «combined accumulated cash»
Over time, the combined accumulated cash value and earned interest can grow into a substantial amount.
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A truly flexible product, index universal life insurance combines the death benefit of traditional life insurance with the ability to accumulate cash value over time.
Permanent life combines that with investment features, so the policy accumulates a cash value.
Genworth has recently introduced a new universal - life insurance product that combines a death benefit that has a tax - deferred accumulated cash value.
A truly flexible product, index universal life insurance combines the death benefit of traditional life insurance with the ability to accumulate cash value over time.
Given such a schedule, one can determine how much additional money must be added to a fund each year so that the current insurance level, combined with the accumulated cash in the fund, exactly equals the original amount of insurance coverage.