Sentences with phrase «earn guaranteed cash value»

Permanent life insurance policies can earn guaranteed cash value in addition to the death benefit protection.

Not exact matches

Earn an annual guaranteed performance credit you can use to buy more insurance and build your cash value

The cash in your policy continues to earn interest that is guaranteed plus any potential dividends, even though you took out a loan against your life insurance cash value.

Now here is a huge benefit; the cash in your policy continues to earn guaranteed interest and potential dividends, even though you took out a loan against your life insurance cash value.

This contrasts with a fixed deferred annuity, which earns a fixed, guaranteed rate of return on cash values.

The cash value portion also allows you to earn a minimum guaranteed rate of interest along with receiving a higher rate of interest in certain scenarios, the most common of which, when the S&P 500 goes up, in the example of an equity indexed UL.

Annuity, Fixed Deferred An annuity that earns a fixed, guaranteed rate of return on cash values.

Cash values earn an interest rate that is set periodically by the insurance company and is generally guaranteed not to drop below a certain level.

You are given a guaranteed fixed rate of interest for the cash value accumulation feature and that is how much you earn.

In turn, paid up additions help build your cash value very quickly as the additional insurance earns the policy's guaranteed rate, plus dividends.

It offers the following guarantees: guaranteed death benefit, guaranteed cash value, guaranteed level premium, and the potential to earn annual dividends.

But therein lies the problem — your policy's interest rates fluctuate and soon enough, your cash value is only guaranteed to earn 1 or 2 percent.

You earn a guaranteed interest rate on these cash values.

The cash value is guaranteed and also earns a minimum amount of interest.

A whole life insurance policy costs more than term life — usually a lot more — because you're not only paying the premium on the insurance policy, you're also paying to build up cash value for the policy, which typically earns a fixed, guaranteed rate of return.

Whole life policies have guaranteed cash values on which you may earn dividends.

These benefits can include eligibility to earn dividends, cash value access from partial surrenders and loans, and guaranteed cash value accumulation — as long as you pay your life insurance premiums.

The guaranteed rate of return is the interest rate that the life insurance company is actually willing to guarantee you'll earn on your policy's cash value.