The cash value grows due to the guaranteed interest rate
credited by the insurance carrier and also through dividends paid in participating whole life policies.
Not exact matches
Insurance products are provided by various carriers and are obligations of the issuing insurance company are not obligations of Alaska USA Federal Cred
Insurance products are provided
by various
carriers and are obligations of the issuing
insurance company are not obligations of Alaska USA Federal Cred
insurance company are not obligations of Alaska USA Federal
Credit Union.
There are some cases where accidental death coverage may be purchased through
credit card offers, with the policy being underwritten
by the major
credit card issuers or an
insurance carrier.
Almost all of the life
insurance carriers I work with take payment either
by Monthly Bank Draft or
Credit Card.
You can reduce your rate further
by purchasing motorcycle
insurance through your auto
insurance carrier, owning a home, having good
credit, and taking a motorcycle safety course.
This exemption allows you to request
insurance carriers not to use your
credit score when calculating your rate, if you can show that your poor
credit was caused
by specific circumstances beyond your control, such as serious illness, divorce, unemployment, and similar life catastrophes.
What differentiates an Indexed UL policy from other types of permanent life
insurance used for cash accumulation is that the growth of the policy's cash value is based on the performance of an equity index (usually the S&P 500), excluding dividends, collared
by a cap and a floor — rather than based on a flat
crediting rate that is established
by the
insurance carrier and adjusted from time to time (a product referred to as «current assumption universal life»), based on a flat dividend rate that is established
by the
insurance carrier and adjusted from time to time (a product referred to as «whole life»), or based on the actual investment returns of specific equity investments (a product referred to as «variable universal life»).