Sentences with phrase «growth of a life insurance contract»

This benefit is similar to what is allowed for the cash value growth of a life insurance contract.

This benefit is similar to what is allowed for the cash value growth of a life insurance contract.

Not exact matches

Whole life insurance is another form of permanent insurance, like universal, but has a higher level of guarantees and cash growth within the contract.

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.

They do this because of the growth potential and tax advantages of life insurance contracts.

However, universal life insurance policies will never go down, and certain whole life policies will actually increase over time due to the amount of cash growth inside the contract.

Whole life insurance is another form of permanent insurance, like universal, but has a higher level of guarantees and cash growth within the contract.

American General's Lifetime GUL 3 is the most straightforward universal life insurance contract available, offering the benefits of a level death benefit and possibility of cash growth.

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.

These policies are combination long - term care life insurance contracts that provide you with many benefits, such as a guaranteed lump sum death benefit, guaranteed long - term care benefit, cash value growth and potential return of premium.