Sentences with phrase «life policies pay»

Whole life policies pay more, because the higher premiums provide the room for that to happen.

In most cases, whole life policies pay a tax - free death benefit to beneficiaries when the insured dies.

Some permanent life policies pay a dividend in addition to the cash value if the company with which you have your policy does a good job with their investments and are good at keeping their expenses down.

Most universal life policies pay a minimum guaranteed rate of return.

A whole life policy will cost more than a term policy because ALL whole life policies pay death benefits (as long as you pay the premiums and do not cancel the policy).

Permanent life policies pay death benefits, but (unlike term insurance) cover you for your entire life.

Most term life policies pay a simple death benefit.

Term life policies pay only the fixed face value of the contract at the time of death.

Some universal life policies pay a guaranteed return, while others fluctuate with the financial climate.

The fact is that term life policies pay out only if the insured party dies.

Whole life policies pay both a fixed death benefit and a «living benefit.»

Some whole life policies pay out annual dividends (money paid to you off the insurer's profits).

Take note that not all whole life policies pay dividends.

Some whole life policies pay dividends, and they are also not taxed because they are considered a return of the premium.

When you consider the fact that two single life policies pay twice compared to once with joint first - to - die life insurance, it makes more sense to go with single life policies.

A whole life policy pays a guaranteed lump sum death benefit to your beneficiary.

A dividend - paying whole life policy pays an annual dividend.

A Participating Whole Life policy pays monetary dividends.

While a first to die joint life policy pays out upon the death of the first covered person, a second to die life insurance policy will not pay out benefits until both of the insureds have passed on.

With 10 pay whole life policy you pay premiums and paid up additions for 10 years.

«Does a Whole Life Policy Pay Out a Death Benefit With Cash Value?»

When the insured dies, it's vital to understand how the whole life policy pays a claim.

When a death claim is filed, the whole life policy pays an amount equal to the death benefit minus any existing life insurance policy loans.

A survivorship life policy pays out to the second person in the event of the death of the first.

A Term Life policy pays a benefit to the beneficiaries only if the policy holder dies during the time period for which the policy was initially contracted and has remained current on their annual or monthly premium payments.

The whole life policy pays dividends every year, and by purchasing additional paid up insurance, the dividend payment compounds in value and the death benefit rises more and more.

A participating whole life policy pays dividends.

If the investment portion of the insurance policy is sufficient to cover payments for it, the holder of an extended term insurance can simply modify their whole life insurance policy into a term life policy paid for through the whole life policy's cash accumulation.

A dividend - paying whole life policy pays an annual dividend.

A whole life policy pays a guaranteed lump sum death benefit to your beneficiary.

Guaranteed Bonus: The endowment life policy pays a guaranteed bonus (% of the sum assured), for the first 5 years of the policy.

Not exact matches

Anyone holding a leverage life insurance annuity, or a 10/8 arrangements (another leverage insurance product) will now be subject to accrual - based taxation and no deduction will be allowed for any portion of the insurance premium paid on the policy.

Specifically, Hunt recommends a survivorship - whole life or - universal life policy, more commonly called a second - to - die policy, since it pays out to heirs only after both parents pass away.

For retirees who are still paying off large loans (think failed business ventures or real estate deals), a guaranteed level - premium term life policy is ideal, said Scott Simmonds, a fee - only insurance consultant in Saco, Maine.

Such policies also pay out a death benefit to your heirs when you die, but they are far more expensive than term life.

One solution: «We're trying to live up to our policy of paying only from invoices.»

These insurance policies are less pricey than traditional life insurance, since they pay benefits only after the death of both husband and wife.

Another thing you are paying a higher premium for when you buy a traditional whole life insurance policy is consistency.

He has repeatedly name checked countries like Denmark and Sweden in interviews and debates, arguing that we should copy policies like mandatory paid leave for new parents and free healthcare and college education to improve the economic lives of ordinary Americans.

The key to the successful use of universal life coverage is paying attention to your policy and adjusting as needed.

This means that unless you cash in your permanent policy, you will be paying the annual premium for the rest of your life.

The downside to paid - up whole life insurance policies is that each premium payment is also deducted from the policy's death benefit.

Variable and universal life insurance policies are often favored because they allow you to use the policy's cash value to pay premiums.

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.

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

As with other whole life insurance policies, guaranteed issue policies will build a cash value over time and coverage lasts as long as you continue to pay the premiums.

While dividend paying whole life policies aren't actually guaranteed to pay a dividend, should they do so, you don't have to pay income tax on the money as it's considered a return of premium.

Cash value life insurance policies are typically permanent, meaning you have coverage for the entirety of your life so long as premiums are paid.

Similarly, if you have a participating whole life insurance policy from a mutual insurer, you can also use any dividends you receive to purchase paid - up additions.

This rider adds to the cost of your premiums but ensures that you'll receive a portion or the sum of premiums paid if you live past the term of the policy.