Sentences with phrase «death benefit value»

The following figures will provide a rough idea of what you might expect to pay for a whole life policy with death benefits valued at $ 250,000.

The following figures will provide a rough idea of what you might expect to pay for a whole life policy with death benefits valued at $ 250,000.

But unlike term policies which simply guarantee a specific death benefit value, whole life policies have an investment component and retain their cash value.

The maximum death benefit value for guaranteed issue life insurance usually tops out at $ 25,000.

The death benefit of the Comp Life policies are 7 % of the total death benefit value of all insurance.

After you reach 70 or 80, the policy may pay for itself by siphoning payments from your premium cash value, reducing death benefit value until the policy cannibalizes itself.

In general, Term Life insurance offers you the most in death benefit value for your monthly premium — but, remember that Term Life insurance has no cash value, and pays out to your beneficiaries only if you pass away before the end of the term.

With Legacy Lock IV, the death benefit value protected from withdrawals (Enhanced Return of Premium portion) terminates at age 90, and a traditional Return of Premium benefit is provided to age 95, reduced proportionately for all withdrawals.

This death benefit value is a separate calculation from the accumulation (mutual funds or index) value, and at your death your beneficiaries will receive the higher of the two amounts.

With Legacy Lock IV, the death benefit value protected from withdrawals (Enhanced Return of Premium portion) terminates at age 90, and a traditional Return of Premium benefit is provided to age 95, reduced proportionately for all withdrawals.

In some cases, if you use 100 % of the allowable funds, then you used 100 % of the policy death benefit value.

The accumulated value of the new account (including bonus) can help match the death benefit value or initial investment value of the undesirable variable instrument.

A Life Settlement is the sale of a life insurance policy to a third party for a value in excess of the cash surrender value, but less than the death benefit

The investment risk in these policies lies with the policy owner; as a result, the death benefit value may rise or fall depending on the success of the policy's underlying investments.

With VUL, you can lose your cash value as well as your death benefit value during market declines.

A guarantee that your beneficiaries will receive at least the death benefit value of the policy *

The amount received from selling a policy will always be greater than the cash surrender value and less than the death benefit value.

This offers annuity owners more flexibility as they can access the death benefit value (if needed) by creating a lifetime income stream.

However, you can usually get a policy with a death benefit value as low as $ 5,000 (best for basic funeral expenses) and as high as $ 50,000.

The premiums for these policies vary, depending on the death benefit value and the policyholder himself.

Those who apply for a cash payment will know how much they receive and how it will affect their death benefit value immediately.

This is an alternative to other types of life insurance where both premium prices and death benefit values can both change significantly over the course of the policy period.

The ability, in certain cases, to add cash value accumulation potential in addition to the death benefit

If the policy is whole life or universal life policy, the policy may have a cash surrender value and a death benefit value.