Sentences with phrase «guaranteed cash value features»

I don't think there is a topic I have ranted and raved about more than the universal life insurance products with non guaranteed cash value features that are collapsing left and right due to the low interest environment imposed by the Fed over the last 15 years.

Not exact matches

This feature guarantees that the policy will not default, even if the cash surrender value falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy Vvalue falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy VValue remains greater than zero and policy debt never exceeds the Policy ValueValue.

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.

Many permanent life insurance options include a guaranteed minimum death benefit and feature cash value growth over time.

Most companies offer their UL policies with an optional «No Lapse Guarantee» feature, which essentially cancels out the «adjustable» features of a universal life policy and the need for cash value to sustain the policy.

It features a fixed level premium, fixed death benefit and a fixed, guaranteed rate of cash value accumulation.

With the No - Lapse feature (or «Secondary Guarantee»), the policy promises to stay in effect for the guaranteed period (usually the insured's life) if the premium is paid on time, even if the cash value has run out.

You are given a guaranteed fixed rate of interest for the cash value accumulation feature and that is how much you earn.

Platinum boasts multiple new features at no additional cost, including a return of premium rider, guaranteeing the policy's cash surrender value will never be less than the premium payment; accelerated benefit riders for chronic illness, critical illness, and terminal illness; and a charitable giving rider, a unique feature that provides an additional death benefit of 1 percent of the policy face amount to the applicant's charity of choice.

The main features are that it lasts your whole life, and offers guaranteed premiums, death benefit, and cash value accumulation.

With universal life insurance, Erie Family Life offers several features including a guaranteed interest rate, guaranteed cash value, guaranteed level death benefit, flexible payments, tax - free policy loans, and more.

Whole life insurance features level premium payments and guaranteed death benefits as well as guaranteed cash values.

Whole life insurance is a kind of permanent coverage and features a fixed, level premium and guaranteed death benefit with a cash value that allows policyholders to save for retirement.

Whole life insurance offers a fixed premium, death benefit and an equity / cash value feature with a guaranteed rate of return.

Farmers EssentialLife Simple Whole Life features guaranteed level premiums payable to age 100 and guaranteed cash values.

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.

Looking at some of the key features, you will notice that there are low surrender charges, guaranteed issue classes, rewarding cash value accumulation, and an opportunity to add two life insurance riders.

It has been a standout product in the industry because it not only guarantees a death benefit to age 121, but at no lapse UL prices it also has a cash value accumulation feature not unlike -LSB-...]