Sentences with phrase «from available cash value»

The AUTOMATIC PREMIUM LOAN option automatically borrows from the available Cash Value to pay for your premium due.
Whole life policy would allow you to borrow from available cash value for any reason and pay it back.
If a client forgets to make a premium payment, the Familylife Automatic Premium Loan feature will pay their premium from the available cash value provided it is sufficient to cover that premium amount.
A policy owner who takes a loan against the available cash value may choose to pay back the loan with interest, or to have the amount owed deducted from the death benefit at the time of payout, or to surrender the policy and have the amount owed deducted from the available cash value.

Not exact matches

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The potential tax benefits from investing in MLPs depend on their being treated as partnerships for federal income tax purposes and, if the MLP is deemed to be a corporation, then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund's value.
It's simple to borrow against the cash value of a permanent life insurance policy as there are no loan requirements or qualifications aside from the amount of cash value you have available.
I understand the idea of deducting the excess cash because it could be used to immediately reduce the debt and boost the equity value but... On one hand it seems logical to avoid deducting the cash that is not available for distribution (i.e. couldn't be extracted from the operations), on the other hand that is exactly the part of the cash that is less likely to bear interests.
And rather than having to move certain segments from an indexed fund to the fixed account, variable net cost loans are available which allow crediting from index strategies to be applied to the portion of the cash value being used as collateral.
There are different types of life insurance policies available, ranging from term life insurance, which is pure death insurance, to traditional dividend paying whole life insurance, which provides cash value growth in the policy.
Tax free life insurance loans are available from the company using your cash value as collateral.
In the above situation the first advance of funds for the construction (based on the estimated value of the completed house on the land) can be assessed depending on the funds available from the owners own cash to bring the construction to 40 % complete (airtight).
Tax free life insurance loans are available from the carrier by using your cash value as collateral.
Anyone on a legitimate search for the top cash value life insurance companies would benefit from getting acquainted with the best life insurance companies available before deciding on the right company that will be the right fit for you.
Customers redeeming from a pool using a Platinum product may redeem from any of the Platinum redemptions options available; including Cash - back credits at a face - value of 1.00 % even if the points being redeemed in the pool were earned by a Signature cardholder.
Customers redeeming from a pool using a Signature product may redeem from any of the Signature redemptions options available; including Cash - back credits at a face - value of 1.25 % even if the points being redeemed from the pool were earned by a Platinum cardholder.
For those with children, any available cash value that a life insurance policy may have accumulated can be accessed through policy loans and withdrawals to help fund a variety of expenses ranging from day care to supplementing college funding.
This keeps the policy from expiring, but also lowers the cash value amount available to you, so it's important to know how your policy handles a lapse.
It's simple to borrow against the cash value of a permanent life insurance policy as there are no loan requirements or qualifications aside from the amount of cash value you have available.
With universal life, the policyholder has the right to borrow or withdraw from any available cash surrender value.
You can borrow against (or make a withdrawal from) that cash value to pay for tuition, books and other college expenses while not reducing the amount of federal financial aid available to your child.
For example, under option A, a $ 50,000 universal life policy with $ 20,000 available in the cash - value account will pay out $ 50,000 to the beneficiary — $ 20,000 from the cash - value account and $ 30,000 from the insurer.
While policy owners are allowed to withdraw funds from the cash value component of a permanent life insurance policy — subject to the amount of the available funds that are in the account — a withdrawal that exceeds the amount of cumulative premiums that have been deposited can be taxed.
Withdrawals from variable life insurance policies are only restricted by the amount of cash value available.
The policy owner controls all functions of the policy, can borrow any available cash value from the policy, can reassign ownership of the policy and can terminate the policy.
So - called «non-forfeiture» laws ensure that if a consumer walks away from the policy, that reserve is available in the form of a policy cash value that can be paid if / when the policy is surrendered.
Tax free life insurance loans are available from the carrier by using your cash value as collateral.
Tax free life insurance loans are available from the company using your cash value as collateral.
And rather than having to move certain segments from an indexed fund to the fixed account, variable net cost loans are available which allow crediting from index strategies to be applied to the portion of the cash value being used as collateral.
You can get a loan only from a whole life (CWL), Universal Life (VUL, etc) only if there is a cash value available.
Policy loans are generally available from the accrued cash value.
Life insurance companies are in business to make money, and when you withdraw cash value from a policy, the insurance company no longer has that money available to invest, cover overhead, or pay other beneficiaries claims, and so they charge interest to make up the difference.
The cash value accrued in the policy is available to borrow from and use as you see fit.
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