The death benefit is comprised of
the full accumulated cash value of the account minus any previous withdrawals.
Not exact matches
This allows the investment return from dividends to be immediately invested for the purpose of price appreciation and compounding, without incurring brokerage fees or waiting to
accumulate enough
cash for a
full share of stock.
For homeowners who are undertaking home improvement projects and need a couple of months to
accumulate enough
cash to pay for them, the card could be a great option as long as they're committed to being vigilant about paying off the balance in
full and on time.
The idea is to stuff it
full of
cash and let it
accumulate in the early years, so you can pay lower premiums or no premiums in the later policy years.
This policy is issued to those aged 40 — 85, providing death benefits (from $ 2,500 to $ 50,000 depending on underwriting status), immediate
full death benefit and level premiums, with
accumulating cash value that can be accessed through policy loan or
cash surrender.
And when you decide you don't want the «term» policy anymore, simply surrender the policy and receive a
full distribution of your
accumulated cash value without any surrender charges; on the other hand, if it turns out that you do need the policy for longer than the original term time horizon, you have a permanent policy that can be maintained and receive additional deposits as necessary, without the hassles and hazards of seeking out a term conversion.