Sentences with phrase «life policy allows»

But where whole life insurance has fixed premiums and very little policyholder interaction, a universal life policy allows you to participate to a high degree.

An indeterminate premium whole life policy allows for adjustable premiums over the years.

A universal life policy allows you to pay premiums in any amount and at any time, subject to certain minimums or maximums set forth in the contract.

The universal life policy allows flexible premium funding, however, which is unlike a whole life insurance policy.

In addition to paying a death benefit, a whole life policy allows accumulation of cash value that the policy owner receives if the policy is surrendered.

Customized Whole Life policy allows the policyholder to select how long premiums are paid.

The conversion option in your term life policy allows you to convert over as much of the original face amount you would like to a permanent policy without taking a new health exam.

Like some other permanent life insurance options, a variable universal life policy allows you to withdraw funds or take out a loan against the cash value.

The difference is that a universal life policy allows for the option of flexible premiums.

A 20 year term life policy allows you to plan your payments for 240 months, with no unexpected increases.

Roughly assuming that whole life insurance is about 8 to 12 times the cost of a comparable 20 year term policy, the left over money NOT SPENT on a whole life policy allows the insured to save a huge amount of money in 401Ks, Roths, HSAs, Saving Accounts, and by paying down their mortgage early.

Technically speaking a Whole Life policy allows your money to potentially grow tax free for your beneficiaries, but NOT for your retirement.

Basically, this Universal Life policy allows you to change your premium payments based on how much you've already put into the plan.

If your term life policy allows conversion, there will be a deadline for conversion that's before the end of the policy.

This type of universal life policy allows you to manage different types of mutual funds directly through what's called «separate accounts» with the cash value that your policy has built..

Having said that, let's also look at the fact that a whole life policy allows you to WITHDRAW from your cash value tax - free (you already paid taxes on some of it) AND interest - free.

However, Variable Life policies allow you to choose where the money is invested such as into equity funds, a money market fund, bonds, stocks, or some combination of accounts.

For example, the term life policies allow for convertibility and level benefits / premiums and this is built into the policy itself.

Some term life and whole life policies allow for accelerated benefits in the event an insured individual needs long - term custodial care.

Some types of whole life policies allow you to pay premiums for shorter periods of time, such as 20 years, or until age 65.

Universal life policies allow you to fluctuate or even skip premium payments, which in turn adjusts your death benefit amounts.

However, Variable Life policies allow you to choose where the money is invested such as into equity funds, a money market fund, bonds, stocks, or some combination of accounts.

For traditional whole life insurance, the amount and duration of premium payments are the same for as long as the insured is alive, but some whole life policies allow you to pay premiums in a single installment, or for a shorter period such as 20 years or until age 65.

These limited pay whole life policies allow you to fund a p...

Permanent life policies allow you to withdraw money.

However, Lemonade's Live Policy allows customers to update their own coverage, whenever and wherever, on the Lemonade app.

Universal life policies allow policyholders may also borrow against the accumulated cash value without tax implications.

Term life policies allow you to purchase the greatest amount of coverage for the lowest premium compared to other forms of life insurance.

Unlike term and whole life insurance, which offer fixed premiums, guarantee universal life policies allow you to vary the amount and timing of your premiums — and even the death benefit — based on your individual circumstances.

Variable life policies allow the policyholder to adjust how the accrued cash is invested, and some types include dividend payouts of the interest earned without affecting the value of the policy.

Loans: Universal and Whole Life policies allow you to utilize some of your policy cash value for current needs in the form of a loan.

You can tack on a special rider to these Universal Life policies allowing early access to funds in the event of illness.

Not exact matches

Parenting will always be a challenge in the life of any ambitious entrepreneur and / or business leader, and there are many ways to raise a child: with hired help, with the support of extended family or working for a company with generous family policies that allow for flexible work hours and parental leave.

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.

«Our policies from the last Administration — and quite frankly the Democrat policies of today — of an open border and sanctuary cities allow and enables these drug smugglers who don't care about human life to put people in this horrific situation,» Patrick said.

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

Annual renewable term life insurance (ART) is a type of term life insurance policy that allows you to purchase one year of coverage at a time.

In social policy, the Party is committed to breaking the cycle of poverty by developing a «living wage» policy that is sufficient to allow workers to support their families; make changes to the welfare system to encourage people on social assistance to move beyond poverty, such as allowing some benefits to remain until they are firmly established in the workplace; and reviewing the housing component of Alberta Works social assistance to bring it in line with the current reality of the Alberta housing market.

The OPEC / non-OPEC deal is working, and the current underlying key assumption of Russia's economic policies — oil prices at US$ 40 — can allow it to live forever at that price or below, Russia's Economy Minister Maxim Oreshkin told Bloomberg in an interview on the sidelines of the St. Petersburg International Economic Forum on Thursday.

Banner Life's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or lLife's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or llife expectancy of twelve months or less.

Riders are useful as they allow you to tailor your life insurance policy and gain certain benefits that aren't available with the standard coverage.

According to the new policy, under certain circumstances, terminally ill children would be allowed to request that doctors intentionally end their lives.

For the first month of my daughter's life, I didn't work — my employer has a progressive paternity leave policy, which allowed me to spend every second with my wife and daughter all while collecting a paycheck.

Franklin may allow himself a few more slips or a little less guilt about the slips than Mather did but what Lawrence called the «barbed - wire of shalt - not ideals» is still up.10 Though now we can not tell for sure whether virtue is pursued for its own good or for the public seeming of good («Honesty is the best policy» clearly illustrates the problem) the impulse life is still tightly reined in.

I love America, but I worry about my nation as more and more of it's citizens allow ignorance and bigotry to not only control there lives, but attempt to turn it into public policy.

Under his preferred settlement, national public policy would allow abortion only in cases of imminent danger to the life of the mother, conception by rape or incest, and a few other extraordinary instances.

By allowing our political support for Haiti's President - for - Life Jean - Claude Duvalier to dictate U.S. immigration policy, we withdraw our traditional welcome for refugees and jeopardize the legal system which protects all of us.

I think most single moms would happily forego being called a hero if they had the right to govern their own body and lived in a country where their elected officials created policies that allowed them to raise their kids in healthier, happier ways — from affordable childcare to universal preK to paid sick leave to equal pay.

Arlington Heights library officials say one factor in this year «s crowded race is a flap over the board «s short - lived policy of allowing youngsters access to R - rated movies without their parents «consent.

«We can not allow the Government to continue these economically sadistic policies which are driving families into poverty, poisoning the optimism of our young people and derailing and degrading the life chances of children.»