Sentences with phrase «guaranteed interest rate period»

After the initial guaranteed interest rate period, the policy will receive a renewal rate that is guaranteed for one year.

After the initial guaranteed interest rate period, the policy will receive a new renewal interest rate that is guaranteed for one year, which will never be less than your GMIR, as stated in your policy.

After the initial guaranteed interest rate period, the policy will receive a renewal interest rate that is guaranteed for one year which will never be less than your GMIR as stated in your policy.

Not exact matches

Predictability Interest rate is set for guaranteed period of time regardless of how the market performs.

CDs offer you a guaranteed rate of return for a specified period of time; the interest rates will vary depending on current market conditions and the length of time to maturity (generally the shorter the period of time to maturity, the lower the rate).

When interest rates increase relatively quickly in a short period of time it typically results in a short term increase in the number of sales in the housing market as many buyers rush to buy before the interest guarantee they have with their mortgage pre-approval expires.

You are guaranteed an interest rate for a specific period of time, typically 1 to 10 years.

With a guarantee in place on the interest rate for this set period, you have a greater degree of certainty.

PICK YOUR TIMEFRAME Earn interest at a fixed rate for a guaranteed period of time... one that meets your needs.

The SecureFore series is a multi-year guaranteed annuity (MYGA) designed to help you add more stability and predictability to your fixed annuity strategy by locking in the current interest crediting rate for an initial period:

The SecureFore series is a multi-year guaranteed annuity (MYGA) designed to help you add more stability and predictability to your fixed annuity strategy by locking in the current interest crediting rate for an initial period:

PICK YOUR TIMEFRAME Earn interest at a fixed rate for a guaranteed period of time... one that meets your needs.

Fixed annuities offer guaranteed interest rates with income options for a certain period or even lifetime.

The structure of a Fixed Indexed Annuity is based on that of a MYGA, as it also offers a guaranteed interest rate over a set period of time.

A commitment issued by a lender to a borrower guaranteeing a specified interest rate for a specified period of time at a specific cost.

Rate Lock - In: A written agreement under which the lender will lock in or guarantee an interest rate / point combination for a period of time after taking the loan applicatRate Lock - In: A written agreement under which the lender will lock in or guarantee an interest rate / point combination for a period of time after taking the loan applicatrate / point combination for a period of time after taking the loan application.

Additional premium will be credited with interest rates in effect at the time premium is received, and the interest rate will be guaranteed for the same period as selected at the time of purchase.

With a CIBC TFSA GIC (Non-Redeemable), you deposit money with us for a period of 2 months to 5 years, and earn a guaranteed rate of interest.

Lock - in — A written agreement guaranteeing a homebuyer a specific interest rate on a home loan provided that the loan is closed within a certain period, such as 60 or 90 days.

The initial interest rate credited to the 3 — and 5 — year extended guaranteed periods will be lower than that credited to a contract with a 1 - year interest rate guaranteed period.

Your client may choose a 3, 5, 7 or 10 - year initial interest rate guarantee period and receive the rate in effect at the time they buy the annuity for the entire length of the guarantee period.

Whether your client chooses the Focused Growth Annuity's 3, 5, 7 or 10 - year guarantee option, the initial interest rate is guaranteed to remain level during the initial rate guarantee period.

The new rate may be higher or lower than the interest rate of the initial rate guarantee period.

At the end of each guarantee period, new interest rate guarantee periods and surrender - charge periods automatically begin.1 During the first 30 days of each subsequent surrender - charge period, your client may withdraw some or all of their funds without a surrender charge.

For instance, when you apply for a mortgage, the lender may offer you a «rate lock» for 30 to 45 days, meaning that your interest rate is guaranteed for that period.

After the initial rate guarantee period, your rate may be adjusted each year but may never fall below the guaranteed minimum interest rate at the time of issue.

For the remaining years of an extended guaranteed period, the interest rate credited will remain fixed and may be higher or lower than that credited to contracts where an extended guaranteed period was not selected.

A written agreement in which the lender guarantees a specified interest rate if a mortgage goes to closing within a set period of time.

Fixed annuities may have a higher initial interest rate, which is guaranteed for a limited time period only.

That means that, while the interest rate is just 0.1 % a year for those with shorter holding periods, you're guaranteed 3.5 % a year if you keep your EE bonds for 20 years.

A loan that it guaranteed to return a certain interest rate over a fixed period is one type of security, and that is what your mortgage is.

Rate Lock A commitment issued by a lender to a borrower or other mortgage originator guaranteeing a specified interest rate and lender costs for a specified period of tRate Lock A commitment issued by a lender to a borrower or other mortgage originator guaranteeing a specified interest rate and lender costs for a specified period of trate and lender costs for a specified period of time.

Certificates of deposit (CDs) are a type of deposit account used to guarantee the interest rate over a period of time.

Lock - In Period The guarantee of an interest rate for a specified period of time by a lender, including loan term and points, if any, to be paid at clPeriod The guarantee of an interest rate for a specified period of time by a lender, including loan term and points, if any, to be paid at clperiod of time by a lender, including loan term and points, if any, to be paid at closing.

With this type of annuity, your money will grow at a guaranteed interest rate for a set period of time.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

Lock - in: A written agreement guaranteeing the homebuyer a specified interest rate provided the loan is closed within a set period of time.

A rate lock is a written guarantee from a mortgage lender that they will give you a certain interest rate, at a certain price, for a certain period of time.

The MVA may be either positive or negative depending on the relationship between the current market interest rate and the interest rate in effect during the Guarantee Period.

There is a one - year interest rate guarantee period, which secures the crediting rate for that duration.

Guaranteed Investment Certificate (GIC): an investment sold by a financial institution that pays a fixed rate of interest for a set period, usually one to five years.

There is a one - year interest rate guarantee period on each deposit, which secures the crediting rate for that duration.

At the end of the guarantee period, your client benefits from competitive renewal rates based on the current interest - rate environment and current market conditions.

Rate Lock A written agreement guaranteeing the home buyer a specified interest rate provided the loan is closed within a set period of tRate Lock A written agreement guaranteeing the home buyer a specified interest rate provided the loan is closed within a set period of trate provided the loan is closed within a set period of time.

Interest Rate Lock - In: A written guarantee that a buyer will receive a specified interest rate from a lender, provided that the loan closes within a set period Interest Rate Lock - In: A written guarantee that a buyer will receive a specified interest rate from a lender, provided that the loan closes within a set period of tRate Lock - In: A written guarantee that a buyer will receive a specified interest rate from a lender, provided that the loan closes within a set period interest rate from a lender, provided that the loan closes within a set period of trate from a lender, provided that the loan closes within a set period of time.

The interest rate on a CD is higher than on a savings account because the investor, in exchange for receiving a guaranteed rate of return, commits to a specified period of time (the «term») during which he will not withdraw his investment.

A pre-approved mortgage provides an interest rate guarantee from a lender for a specified period of time and for a set amount of money.

But the effective annuity rate is also based on factors like current interest rates, mortality rates and optional extra features like inflation indexing, guarantee periods or joint - and - survivor benefits.

A Certificate of Deposit is a great choice if you want a guaranteed interest rate and you are willing to invest for a certain period of time.

They pay higher interest rates over a fixed period of time for a guaranteed return.