Sentences with phrase «interest on your cash value accumulation»

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Still, if a cash value life insurance policy is being used, then tax advantaged cash value accumulation is being realized regardless of the interest on the loans.

The Sage universal life insurance no medical exam policy also offers a minimum guaranteed interest rate on the cash value accumulation portion of 2.5 % which is guaranteed payable over the life of the policy.

Permanent insurance offers the same type of death benefits as term insurance but it comes with the additional advantage of providing you with a cash value accumulation feature which is based on interest or depends on how well the market performs.

With a flexible premium and cash values that can grow based on the rise of a stock index or guaranteed interest rate, universal life insurance policies offer a tool for both death benefits and cash value accumulation.

Cash Value — the accumulation of interest on a percentage of your premium.

Instead of using dividends to augment guaranteed cash value accumulation, the interest on the policy's cash value varies with current market conditions.

These policies provide flexibility in premium amount and benefits as well as market rates of interest on cash value accounts and tax deferred accumulation.

A universal life contract provides access to cash value accumulation like that of a whole life policy; however, cash value within a universal life policy includes a guaranteed minimum interest rate plus an additional interest payment if and when the life insurance carrier experiences higher returns on its own investments.

Mutual of Omaha's AccumUL is a fixed universal life policy that offers a guaranteed interest rate of no less than 2 % per year on the cash value accumulation.