Sentences with phrase «insurance cash value increases»

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The Healthcare Reform Law, including The Patient Protection and Affordable Care Act and The Healthcare and Education Reconciliation Act of 2010, could have a material adverse effect on Humana's results of operations, including restricting revenue, enrollment and premium growth in certain products and market segments, restricting the company's ability to expand into new markets, increasing the company's medical and operating costs by, among other things, requiring a minimum benefit ratio on insured products, lowering the company's Medicare payment rates and increasing the company's expenses associated with a non-deductible health insurance industry fee and other assessments; the company's financial position, including the company's ability to maintain the value of its goodwill; and the company's cash flows.

Buying paid - up additions is similar to buying a small single - premium life insurance policy as you increase the policy's cash value and death benefit but don't have ongoing payments.

Participating whole life insurance is eligible to earn dividends, 1 which can increase the death benefit and the cash value.

Although the payment of the insurance premiums is not tax deductible, any increase in the cash value of the insurance policy due to investment gains is not taxed until you begin to withdraw the money after you retire.

Permanent life insurance policies (which include whole life insurance and universal life insurance, have the potential to accumulate guaranteed cash value that increases every year.

While the cash value feature is an attractive option it's important to remember, though, that tapping into the cash value of a life insurance policy reduces its value and death benefit and increases the chance the policy will lapse.

You can probably see how increasing property values might trigger an interest in refinancing as people drop mortgage insurance, combine their first and second mortgages, or cash out some home equity.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

Also, tapping into the cash value of a life insurance policy reduces its value and death benefit and increases the chance the policy will lapse.

Under universal life insurance option B, the policy proceeds increase over time and are equal to the cash value plus the death benefit.

A policy might replace or pay a rider the cash value of their stolen motorcycle, but that could mean an increase in the cost of premiums for a coverage that is already expensive relative to standard motorcycle insurance policies.

Buying paid - up additions is similar to buying a small single - premium life insurance policy as you increase the policy's cash value and death benefit but don't have ongoing payments.

You can probably see how increasing property values might trigger an interest in refinancing as people drop mortgage insurance, combine their first and second mortgages, or cash out some home equity.

Because we advocate using permanent life insurance for tax advantaged cash value accumulation through paid up additions AND other approaches, we suggest that convertible term will allow you increase your base of permanent life insurance as your needs and budget increase.

Term insurance is basic, generally inexpensive coverage with premiums that increase over time and no cash value component.

Adding a paid up additions rider or paid - up additional insurance rider allows you to make additional monthly or annual payments into your policy to increase the death benefit and cash value.

A major advantage of permanent life insurance is that cash value increase (or «gain») is not realized (for tax purposes) until it is withdrawn from the policy.

Dividends can be used to purchase additional paid - up insurance, further increasing the death benefit and cash value growth of the policy.

And the death benefit on a properly designed life insurance retirement plan increases each year as your cash value grows, so when you do die, your beneficiary receives the maximum death benefit possible.

But if you pay the minimum, and the policy struggles because there are a few bad years in the beginning, you may find yourself down the road with too little cash value to compensate for the increasing cost of insurance associated with your age.

Loans and withdrawals will reduce the cash value and the life insurance benefit and could increase the chance that the policy will lapse.

Flex Pay PUA Rider — Paid - up additions riders allow you to pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash value.

Value Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash vValue Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash valuevalue.

Interest Sensitive Whole LifeSM is a guaranteed fixed premium permanent life insurance policy with a Guaranteed Minimum Cash Value that increases each year and equals the Face Amount at age 100.

In the early years of coverage, fees and the cost of insurance use up the majority of your premium but, over time, an increasing amount is contributed towards the cash value.

As the cash value increases, the insurance company's risk decreases as the accumulated cash value offsets part of the insurer's liability.

Variable Life Insurance (VUL) provides the flexibility of Universal Life, but also the potential to increase your cash value by allocating your money into various sub-accounts that invest directly in the underlying asset class, similar to mutual funds.

And with features such as paid - up additions, you can greatly enhance your cash value accumulation, which also increases your whole life insurance death benefit.

An indexed universal life insurance policy, aka IUL insurance, or simply IUL, is similar to traditional universal life (UL) in that it offers a death benefit and a cash value account that increases over time.

The Additional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valuInsurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valuinsurance, increasing the policy's death benefit and cash value growth.

This strategy is highly favorable to utilizing a bank because it allows the individual to recapture all interest and expenses that are being paid to third parties, resulting in ever increasing high cash value life insurance.

A cash value life insurance policy is an asset that can be designed to increase in value, both cash value and death benefit, over time.

You can include a paid - up additions rider in your policy, which allows you to make purchases of paid - up additional insurance with no proof of insurability, increasing the cash value and death benefit proportionately.

Cash value life insurance offers the incentive of tax free growth of the Roth IRA AND greatly increases flexibility in that the policy proceeds may be borrowed without penalty or tax consequences and none of the other restrictions of Roth IRAs are applicable.

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.

7 Withdrawals reduce the death benefit and cash value and thereby diminish the ability of the cash value to serve as a source of funding for cost of insurance charges, which increase as you age.

Also called permanent life insurance, the policy has a cash value and could qualify for annual dividends that increase the cash value and death benefit.

According to an article published by U.S. News, «Whole life insurance can allow for a buildup of cash value and if held long enough can increase the value and face amount.

These dividends were then used to automatically create various other options including small units of paid up insurance, or increasing cash value, or one of 2 or 3 other options.

Additional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and caInsurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cainsurance, increasing your death benefit and cash value.

If the cash value is not enough to offset the rising cost of insurance the possibility of the policy lapsing increases dramatically.

Unlike other savings vehicles, such as a 401k plan, cash value life insurance also has a death benefit for increased leverage.

We can customize your policy to pay premiums only for a set period of time, or increase your insurance benefits and grow your cash value more quickly.

The additional paid up insurance (API) rider can also be used to increase the policy's death benefit and cash value.

There is no cash value with a term insurance policy but when you get term life insurance quotes, the insurance company guarantees they will not increase the price you pay during this level term period (10, 15, 20, 25, or 30 years) to protect your loved ones.

And although we believe that the best home base for your money is a cash value life insurance policy, you will enhance your wealth building capabilities outside of your policy through different opportunities that increase your velocity of money.

Withdrawals and loans reduce the death benefit and cash value, thereby diminishing the ability of the cash value to serve as a source of funding for cost of insurance charges, which increase as you age.

But keep in mind that loans from a life insurance policy will reduce the policy's cash value and death benefit, could increase the chance that the policy will lapse, and might result in a tax liability if the policy terminates before the death of the insured.

Burial or final expense life insurance is also available, which has a cash value that increases the longer you own the policy.

In addition to paying required premiums, universal life insurance policyholders can also pay in additional funds to increase the cash value of the policy.