Sentences with phrase «end of the surrender period»

If you are beyond your free - look period but miles away from the end of your surrender period, you are basically hosed, as my neighbors to the north say.

This value grows at a stated percentage rate and can provide an increase to the contract value at the earlier of the first owner's death or at the end of the surrender period.

At the end of the surrender period, the money is fully available to you, or you can transfer it to another annuity and hopefully at a higher rate.

If the policyholder cancels the policy before the end of the surrender period, it is not likely the policyholder will receive any amount of the cash value because these costs are incurred by the insurance company to set up the policy.

This value grows at a stated percentage rate and can provide an increase to the contract value at the earlier of the first owner's death or at the end of the surrender period.

What makes these an attractive option over traditional LTC is they provide monies to beneficiaries if the LTC benefits are not needed and even an option for full return of premium at the end of the surrender period.

If the policyholder cancels the policy before the end of the surrender period, it is not likely the policyholder will receive any amount of the cash value because these costs are incurred by the insurance company to set up the policy.

The surrender charge is the percentage of your cash value that the carrier keeps if you cancel your coverage before the end of the surrender period.

The surrender value is the actual amount of money you will receive if you cancel your policy before the end of the surrender period.

At the end of the surrender period the surrender value will equal the cash value.