Sentences with phrase «existing cash value of the policy»

The loan will have to be equivalent to the existing cash value of the policy.

The amount paid by the dividend payment is dependent upon the performance of the company over the previous year, and the rate paid is multiplied by the existing cash value of the policy.

Whole life, variable universal life, and universal life insurance policies use existing cash values of policies if payments are missed.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

If you work for a company that does not offer a qualified retirement plan (or does not offer a life insurance option in an existing plan) or if you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plan.

The selling policyowner receives an upfront cash payment in exchange for transferring ownership of the life insurance policy — typically more than any existing cash value but less than the policy's full death benefit — and the investor as the new owner then continues to make the ongoing / annual premium payments.

As a result, investors are likely to discount the cash value more aggressively (i.e., to make a relatively less generous offer if it must include buying out existing cash value on top of the policy death benefit) than a policy with little or no cash value.

A life settlement is the sale of an existing life insurance policy to an institutional investor at a price higher than the current cash surrender value, but lower than the face amount of the policy.

Section 1035 of the IRS code permits you to transfer the cash value of an existing life insurance policy to a new policy similar in type... and the best part is there are no tax implications to do so!

A viatical settlement is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.

You can get so much more out of the existing policy, like extra coverage, increased cash equivalency value worth and so much more, if you account for the new income sources and adjust your coverage, or buy supplemental coverage, as needed.

Unlike permanent life insurance policies, the option to access the cash value of a policy does not exist with term life insurance coverage.

A viatical or a life settlement is the transfer or sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.

Those who are in the process of qualifying for Veterans Aid and Attendance and / or Medicaid benefits will fund an Irrevocable Funeral Trust with cash and / or the cash value of an existing policy in order to protect their estate.

A life settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value but less than its net death benefit.

A viatical settlement (from the Latin «viaticum»)[1] is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.

1 The maximum loan value is the cash value as of the date of the loan, less any existing loan and accrued interest and interest on indebtedness from the date of the loan to the next policy anniversary date.

Base policy and existing paid - up addition cash values are unaffected by IDO Annual IDO reallocation at policy anniversary projecting next year's dividend and stating the applicable «Dividend Maximizer Rate» and «Maximum Multiplier» Allocated Dividend is requested by percentage, this is the dollar amount of next year's projected dividend that is apportioned to IDO from 0 - 100 %

The Life Insurance Settlement Association says a life settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit.

Section 1035 of the IRS code permits you to transfer the cash value of your existing policy into a new cash value policy.

However, as illustrated in the recent case of Mallory v. Commissioner, the Tax Courts have long recognized that the gain on a life insurance policy is taxable, even if all the cash value itself is used to repay an existing policy loan!

Most consumers do not know that they can sell their life insurance policy — so it comes as a pretty big shock when you tell your clients that they could realize thousands of dollars for it (over and above any existing cash value).

The owner of the policy can chose to make payments or not make payments into the policy, as long as sufficient cash value exists in the account.

A nonforfeiture provision in a whole life policy that uses cash value to purchase term insurance equal to the existing amount of life insurance.

Loans never need to be repaid by the owner and the policy will always stay in force as long as sufficient cash value exists or payment are made to cover the cost of the insurance.

As a result, investors are likely to discount the cash value more aggressively (i.e., to make a relatively less generous offer if it must include buying out existing cash value on top of the policy death benefit) than a policy with little or no cash value.

A life settlement is the result of selling your existing life insurance policy for more than its cash surrender value, but less than its net death benefit.

If sufficient cash value exists in the policy, often times a missed premium payment will just reduce the cash surrender value by the amount of premium due.

The selling policyowner receives an upfront cash payment in exchange for transferring ownership of the life insurance policy — typically more than any existing cash value but less than the policy's full death benefit — and the investor as the new owner then continues to make the ongoing / annual premium payments.

Compare Benefits and Cash Value - Before switching policies, ask the company to send a breakdown of the policy to you so that you can compare items line by line with your existing policy.

A life settlement is typically the sale of an existing life insurance policy for more than its cash surrender value (if there is one) but less than its net death benefit.

A provision within a life insurance policy that allows the insured the option of continuing the existing amount of insurance as term insurance at a length of time according to how much the contract's cash value can purchase.