Sentences with phrase «fund value of the policy»

The regulator said the fund value of the policy will be credited to the discontinued policy fund and the proceeds would refunded only after completion of the lock - in period.

Death benefits to the nominee which will be higher of the fund value of your policy at the time of death or 105 % of premiums paid till then

In case of death, the nominee will get a higher fund value of the policy or 105 % of the premium amount paid till the death of the policyholder.

In this plan death benefits given to the nominee is the fund value of your policy or 105 % of the premium paid till the end, whichever is higher.

For instance, a few of them may offer pension plans with sum assured of say 10 times the premium amount, while others may provide a sum assured that equals the fund value of the policy taken by the individual.

In case the policyholder dies during the policy term, the nominee shall receive sum assured and fund value of the policy

You can check the Fund Value of your policy under Policy Summary Section of My Account.

Policy Administration Charge: Monthly policy administration charge is 1 % of single premium and it is deducted by cancelling Units from the Fund Value of the policy.

Not exact matches

An adviser who earns a flat fee - such an hourly rate or a set percentage of your portfolio value - is much better aligned with you than an adviser who earns commissions for selling you particular mutual funds, insurance policies, or other products.

«If you have ample funds and are looking to get rid of a little every month, it would not be irrational to buy a whole - life, universal - life or variable - life policy, where the cash value grows income tax - free as long as the policy is held until death,» Hunt said.

An advisor who earns a flat fee — such an hourly rate or a set percentage of your portfolio value — is much better aligned with you than an advisor who earns commissions for selling you particular mutual funds, insurance policies, or other products.

Consider these risks before investing: The value of securities in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer, industry, or sector and, in the case of bonds, perceptions about the risk of default and expectations about changes in monetary policy or interest rates.

Speaking to the High River Times in April 2015, Mr. Fraser was quoted as saying «I will emphasize the Pro-Life values of Albertans, making constituents and other candidates aware of the issues surrounding abortion and how they are directly relevant to provincial policy... We should de-fund abortion and fund the life affirming alternatives of crisis pregnancy support, parental support, and adoption.»

The Global Economic Policy Uncertainty (EPU) Index is calculated as the GDP - weighted average of monthly EPU index values for the U.S., Canada, Brazil, Chile, the U.K., Germany, Italy, Spain, France, the Netherlands, Russia, India, China, South Korea, Japan, Ireland and Australia, using GDP data from the International Monetary Fund's (IMF) World Economic Outlook Database.

Today, these values shape the public debate and policy of most industrialized countries and have been imposed on many others through the structural adjustment required by the International Monetary Fund and the World Bank.

These incentives and policy instruments could be financial, but they could also be lighter - touch regulatory and market mechanisms that help SMEs (unlike mechanisms such as auctions that are barriers to small players who do not have corporate back - up and who need to know the value of their product in advance if they are to raise funds).

A Labour policy rooted in those values might be that no state - funded school should be allowed to select pupils on the basis of the professed faith of their parents, or privilege children of the same religious background over those whose parents do not believe in a god.

To harness the energy already generated by the March for Science, «clear, science - based messages must be presented repeatedly to both those making policy and to the broader public, and these messages should focus on the value of scientific knowledge that results from well - funded research,» added Rovito.

Some pro-lifers thought that even this policy fell short of full respect for human life, but Bush was attempting to make the best of a bad situation: for embryos that had already been destroyed, funds would be made available for research that tried to salvage some value out of their destruction.

Table 2 highlights provisions in several states and computes their value as the portion of total state education funding to represent the relative scale of these policies.

Space limits an extended discussion here, but we note two conclusions from a 2012 article by Economic Policy Institute researcher Monique Morrissey, who explains that «the logical implication of Richwine and Biggs's [pension] position is that public employers and taxpayers would be indifferent between current pension funding practices and investing in Treasury securities, even though this would triple the cost of pension benefits» and that R & B «selectively alternate between the cost of benefits to employers and the value to workers, and inappropriately equate the latter with the often much higher cost to individuals of obtaining equivalent benefits.»

• The Business, Innovation and Skills (BIS) Select Committee in the House of Commons should monitor and report on higher education funding and provision each year, assessing the impact of changes on disadvantaged students, as well as mature and part - timers; • Better co-ordination between higher education ministers from England, Scotland, Wales and Northern Ireland to rationalise student funding policies across the UK; • An investigation by the Office for Budget Responsibility (OBR) into the impact of the latest changes to grants and loans, to ensure value for money for students and taxpayers; • Stronger evaluation of university spending of # 750m a year on outreach and access programmes to maximise their impact.

Ms Baldwin also pointed to a «lack of policies and procedures» to «ensure public funds are protected and to secure best value for those funds», and said there had been «a significant number» of breaches of the academies financial handbook relating to a «lack of recruitment, independence checks, risk management and internal controls».

Sustaining our democratic values and improving our education system call for a host of more coordinated and widespread education, economic, and housing policies — including policies to raise curricular standards, tackle insufficient funding for schools with a large share of low - income students, promote access to education resources from early childhood to college, improve dual language programs, provide economic support for families, and create more integrated schools and neighborhoods.

If a policy is cancelled, the insurance company no longer needs to keep the reserve to fund the policy in the later years, so it will refund to you the overpayment of premiums, called the cash surrender value.

Hi Vipul, on maturity of ulip for Type 2 option on a ulip do you get funds value + sum assured or is it only in case of death of policy holder.

As in starting any other business, the cash value may not equal initial deposits for some time, however this will catch up as the policy is funded, with the help of paid - up additions.

The value of your policy will continue to increase over time and offers you a fund that you can tap into if needed.

Finally, if investors need funds, they may be able to withdraw or borrow from cash values of permanent policies.

A surrender charge is a hold back amount that an insurer charges against the cash values of a life insurance policy for the first 8 to 10 years, if funds are withdrawn early.

Cash value: This includes the cash value accumulated within a universal life or whole life policy, as well as the value of any segregated funds.

A large portion of your premiums payments will be invested in the insurance company's investment fund in whatever asset class you prefer (stocks, bonds, mutual funds, money market funds, etc.) Over time, this has the chance to generate a much larger cash value in your insurance account than a traditional whole life policy does.

You can take out a loan on a life insurance policy's cash surrender value if you're in need of immediate funds.

Variable Universal Life (VUL) is defined as a type of permanent insurance policy, in which the cash value can be invested into different accounts consisting, for example, of stocks, bonds and mutual funds.

I say theoretically because if you decide to abandon your hands - off policy at some point and sell shares because you need extra money, then the current market value of your fund may become an issue, especially if it has declined.

If the mutual fund to which the cash value is invested returns a rate that exceeds 20 %, the full amount is credited to the policy holder's account (minus fees of course).

Kindly note that if you discontinue now, you will get the fund value after adjusting for some expenses at the end of the 5th policy year only.

You can also terminate the policy (or «surrender» it) if you want to, and get part of the accumulated funds, or you can sometimes borrow money against your policy's cash value.

For each of these policies, Northwestern Mutual provides a wide variety of cash value investment options with low expense ratios, though the majority are their own mutual funds.

Cash value life insurance, whether whole life, IUL, or VUL, allows for the tax - free growth of funds in a policy's cash account unless the policy is canceled or surrendered, transferred or assigned to another owner, or the IRS no longer designates the policy a life insurance contract.

Access funds Your policy's cash value can be used for a variety of needs such as: education, retirement income and emergencies with no credit checks or application required.

Fifteen years ago, Alex purchased a participating whole life policy for the purpose of accruing cash value, planning for college funding and also securing a permanent death benefit for his family.

When this happens, if a cash value life insurance policy was used to fund a key person policy, the amount of the cash value can be taken out in the form of an easily accessible life insurance policy loan, with no origination costs, tax free.

In some cases, cash value insurance, specifically whole life insurance, features a minimum rate of return guarantee on funds held in a policy's cash account, which is one of many whole life insurance pros and cons.

The benefit of whole life insurance policies is that they build cash value over time, which is a fund that can be borrowed against or withdrawn.

From a strategic standpoint, the popularity of cash value life insurance stems from its ability to both provide insurance protection and grow funds on a tax - deferred basis — interest and earnings in policies of this type are not taxable unless a triggering event occurs, such as surrendering the policy.

High early cash values are based on the assumptions of current interest crediting rates and current charges which are not guaranteed, and are subject to change by the insurer, and assume the policy is optimally funded.

On top of the death benefit amount, this option allows any amount left in the policy fund to accumulate cash value and the total to be paid tax - free to the beneficiary.

You can also withdraw money from your Policy Fund Value any time after the completion of five policy Policy Fund Value any time after the completion of five policy policy years.

2Your policy's cash value typically becomes a useful source of funds only after several years of premium payments, which allows the cash value to build up.