The mall developer wanted the state Legislature to
guarantee the cash behind the tax breaks would come even if the controversial Empire Zone program was killed.
Not exact matches
Whether the return of
cash value is
guaranteed, as in a whole life or
guaranteed UL policy OR whether based upon the financial markets, as in IUL and Variable UL policies, the idea
behind permanent insurance is to accrue a nest egg of usable
cash value within a life insurance policy.
The original thesis
behind the investment, in the depths of the 2008/2009 financial crisis, was that the company had suspended its dividend but would most likely live through the tight money period because a majority of its production was hedged, and thus
cash flows were pretty much
guaranteed.
Whether the return of
cash value is
guaranteed, as in a whole life or
guaranteed UL policy OR whether based upon the financial markets, as in IUL and Variable UL policies, the idea
behind permanent insurance is to accrue a nest egg of usable
cash value within a life insurance policy.
Having access to a lump sum of
cash can prevent your family from struggling to pay for your final expenses, but if you want to leave $ 25,000 or more
behind,
guaranteed universal life insurance may be a much better option.