Sentences with phrase «entire accumulated cash value»

During the first several years of coverage, there are surrender charges, so you wouldn't get the entire accumulated cash value.

During the first several years of coverage, there are surrender charges, so you wouldn't get the entire accumulated cash value.

Not exact matches

Whole life insurance is designed to last your entire life, often has fixed premiums, and accumulates a cash value over time.

Whole life insurance is designed to last your entire life and accumulate cash value.

Whole life insurance stays in effect for your entire life and also accumulates cash value over time.

Contrast whole life vs term life insurance, where term life pays a death benefit only, does not accumulate cash value and may not last your entire life.

Whole life insurance is designed to last your entire life, often has fixed premiums, and accumulates a cash value over time.

While the premiums can be fairly pricey, the protection lasts your entire life and the policy will accumulate cash value that can be borrowed against.

Whole life offers protection for your entire life and accumulates cash value in addition to paying out a death benefit.

The main differences between term and permanent life insurance are that permanent life insurance is in force for your entire life (as long as you pay the premiums) instead of a certain «term,» and permanent insurance accumulates cash value over the life of the policy.

Term insurance is an affordable option for life insurance because it only covers you for a period of time, not your entire life and it doesn't accumulate any cash value.

Permanent life insurance DEFINITION: permanent life, also known as cash value life insurance, is coverage that lasts your entire life and accumulates cash value.

At the time of issue, the entire $ 100,000 is at risk, but as cash value accumulates, it functions as a reserve account, which reduces the net amount at risk for the insurance company.

A whole life policy is a permanent policy and, in addition to accumulating a cash value, will last your entire life.

While the premiums can be fairly pricey, the protection lasts your entire life and the policy will accumulate cash value that can be borrowed against.

Permanent life insurance offers you protection throughout your entire lifetime, and helps accumulate your cash value.

Whole life insurance stays in effect for your entire life and also accumulates cash value over time.

Term insurance is an affordable option for life insurance because it only covers you for a period of time, not your entire life and it doesn't accumulate any cash value.

Contrast whole life vs term life insurance, where term life pays a death benefit only, does not accumulate cash value and may not last your entire life.

Whole life insurance provides protection for your entire lifetime and accumulates a cash value that the policy owner can borrow against.

The main differences between term and permanent life insurance are that permanent life insurance is in force for your entire life (as long as you pay the premiums) instead of a certain «term,» and permanent insurance accumulates cash value over the life of the policy.

Permanent life insurance will provide coverage for the individual's entire life and also accumulate a cash value over time.

Once the entire lifestyle plan has accumulated enough cash value you can borrow against that cash value to buy a house or cover some tuition bills.