Sentences with phrase «guaranteed cash value of»

For example, let's say you have a current cash value of $ 50,000, a guaranteed cash value of $ 400,000 20 years from now, and you're paying $ 10,000 per year.

So, let's say you have a current cash value of $ 50,000, a guaranteed cash value of $ 400,000 20 years from now, and you're paying $ 10,000 per year.

Further cash value growth can (and typically does) occur beyond the guaranteed cash values of a whole life insurance illustration.

Further cash value growth can (and typically does) occur beyond the guaranteed cash values of a whole life insurance illustration.

Not exact matches

Should the policy offer attractive guaranteed rates of return, over time the cash value will grow to a reasonable level without being subject to market volatility or capital gains taxes.

It's interesting to note that our nation's banks own billions of dollars of guaranteed, high - cash - value permanent life insurance — about $ 135 billion of it, according to the latest available statistics.

While life insurance is not a college funding vehicle and does not provide a source of guaranteed income in retirement, it does provide the opportunity to accumulate cash value.

But see my question in 1 b) regarding the guarantee of stable digital cash value — this is exactly an area that is regulated (or ought to be).

While the opportunity for point value is lower, cash back programs are simple and cardholders are guaranteed a predictable rate of return from their credit card rewards, without having to decipher loyalty programs or search for award availability.

Some permanent policies are eligible to receive dividends, and although they aren't guaranteed, they help to increase the cash value and death benefit of the policy.

Variable life insurance is also similar to whole life insurance but, instead of having a guaranteed rate of growth, the cash value of the policy can be invested in sub-accounts offered by the insurer.

If you're considering permanent life insurance, but are wary of the complexity of the policy and not interested in the cash value or investment benefits, guaranteed universal life insurance is a less expensive way to purchase nearly - lifelong coverage.

Whole Life Insurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawals.

Guaranteed Asset Protection (GAP) with Auto Advantage covers the difference between the cash value of your vehicle at the time of theft or total loss and what you actually owe on your loan.

Assuris will guarantee up to $ 60,000 or 85 % of the promised cash value, whichever is higher.

The exception may be guaranteed universal life which is similar to whole life in terms of offering conservative cash value growth.

Guaranteed Universal Life Insurance ties policy cash value growth to a fixed interest rate of return

Variable annuities were introduced in the 1950's as an alternative to fixed index annuities which offer a guaranteed contractual rate of interest in terms of the cash value growth of the account, similar to dividend paying whole life insurance.

Participating policies essentially participate in the profit of the insurance company and pay out a dividend, which is added to the guaranteed cash value.

This means that you could borrow 100 % of the cash value, and the guaranteed return on the cash as well as the dividends will continue.

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.

«Participating life insurance» is only possible with a cash value life insurance policy as distinguished with other types of life insurance that do not accrue cash value such as convertible term life insurance or most guaranteed universal life insurance policies.

Variable life insurance is also similar to whole life insurance but, instead of having a guaranteed rate of growth, the cash value of the policy can be invested in sub-accounts offered by the insurer.

Take a look at this chart of a sample whole life policy that pays dividends and offers a guaranteed minimum cash value.

Whole life insurance tends to have a guaranteed rate of growth for the cash value component of the policy and often pays annual dividends.

And here is an illustration of a properly designed 10 pay whole life policy for a 4 yo boy with a guaranteed insurability rider with an A + rated carrier focused on cash value growth.

While it's not the core benefit of the policy, Symetra's guaranteed universal life insurance also builds a cash value with a guaranteed 2 % annual interest rate.

If you're considering permanent life insurance, but are wary of the complexity of the policy and not interested in the cash value or investment benefits, guaranteed universal life insurance is a less expensive way to purchase nearly - lifelong coverage.

* Guaranteed cash value growth is based on an interest rate of 4 %.

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.

The cash value of a VUL policy is not guaranteed.

Asset based LTC insurance coverage provides a guaranteed death benefit, long - term care coverage, cash value accumulation and potential return of premium.

However, cash value accumulation isn't the usual emphasis of guaranteed universal life insurance, policies do allow for the accumulation of some cash value and allow you to access it.

With these cash value accounts growing in the range of 4 % guaranteed, they have rewarded policyholders with highly competitive performance for policyholders.

Instead of buying term and investing the difference, why not buy whole life and use your cash value to invest with, while also receiving guaranteed return and dividends on your cash value?

At the end of the guarantee period, if only the required premium has been paid, the policy may lapse for insufficient cash surrender value.

• Earnings potential The issuing insurance company may guarantee a minimum growth rate on the cash value of the policy in some cases.

All Asset - Care plans include a guaranteed death benefit, guaranteed cash value growth and access to 100 % of the death benefit for qualifying long - term care expenses.

On top of that, your cash value actually has a guaranteed minimum growth rate.

A portion of your premium will be applied to the policy's cash value and grow at a minimum rate guaranteed by the issuing insurance company.

Traditional whole life insurance offers a contractually guaranteed rate of return based upon the cash value deposited.

Interest Sensitive Whole Life Insurance — Interest sensitive whole life insurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of cash value.

With whole life, the amount of the death benefit is guaranteed, and the cash value that is within the policy is allowed to grow on a tax - deferred basis.

Cash value life insurance coverage usually guarantees a rate of return around 4 % with today's interest rates and this return should be viewed as a baseline because the non-guaranteed portion of the policy includes dividends that are tax free and reinvested.

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.

In order to discuss the potential growth of the cash value, a detractor will typically cherry - pick some guaranteed whole life illustration and then bring up inflation or agent commissions to further make their point «obvious.»

With these two «bookends» in place your policy cash value (the account that you are relying on for retirement) has the ability to grow up to 13 % per year, while also have a guaranteed minimum «floor» of around 1 %.

2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.

Penn Mutual's participating whole life insurance policy provides all the guarantees of whole life, with an opportunity for increased cash value accumulation through annual dividends paid to policyholders.

The Accumulation Builder from Penn Mutual is an indexed universal life policy that builds cash value, with the peace of mind of up to 20 year no lapse guarantee based on your age.