Sentences with phrase «equity accounts similar»
Variable universal life is a variation of the flexible premium policy that allows for cash value to be allocated in equity accounts similar to mutual funds.
https://www.keypersoninsurance.com/ Not exact matches
A HELOC, in short, is a line of credit (similar to a credit card account) where the family home is used as collateral to borrow money against the house (the equity) in order to pay bills, do renovations, or take a vacation.
These rules don't cover loans to build or buy your home, home equity lines of credit (similar to revolving credit accounts), or reverse mortgages.
Signing up for a forex account is similar to getting an equity account.
A home equity line of credit is treated similar to a revolving charge account, in that when you pay down some of the balance those funds become available to you again.
Margin debt on an equity brokerage account works in a similar fashion, but usually a 50 % down payment is needed (less risky than real estate).
Similar to an equity line these loans are held in managed accounts pending each renovation completed by licensed contractors.
Much like Indexed Universal Life Insurance with similar options and features, Variable Universal Life attaches the cash value account inside the policy actual investment funds that trade largely in equities and bonds.