Sentences with phrase «life policyholders actually»
Oddly, according to insurance industry think tank LIMRA, only one to two percent of term life policyholders actually take advantage of this option — a mind - boggling statistic.
https://www.truebluelifeinsurance.com/ Not exact matches
Rather than growing at a set rate of interest, though, with variable universal life, the funds in the cash component are actually managed professionally (unlike variable life policies that are managed by the policyholder) in underlying «subaccounts» and can be in entities such as stocks, bonds, and mutual funds.
Policyholders who own a participating whole life policy with MassMutual can actually participate in the voting for the board of directors.
Secondly, in my years of insurance experience, I have sold many term life insurance policies, but I have seen very few policyholders who actually «invest the difference».
In deciding how much of the premium will go towards the cash value and the death benefit, a universal life insurance policyholder will oftentimes be able actually to move funds between the two sections of the policy.