Sentences with phrase «often surrender charges»

On top of that, there are often surrender charges for policies that are dropped within the first ten to fifteen years, which can further eat into your cash value.

Not exact matches

Surrender Charge — There's often a fee that you have to pay if you withdraw any funds within the first few years.

Variable annuities, for example, often have surrender periods during which you face charges of 5 to 9 percent for selling.

Finally, equity - indexed annuities often carry steep surrender charges, though some insurers waive them for medical reasons or other emergency expenses.

Often, surrender charges are waived when you die.

Since converting to the Safe and Predictable world of Fixed Annuities, I find that clients are not used to the concept of Surrender Charges and this topic often comes up for discussion.

Teachers must often select from a confusing array of options, and their choices are often overloaded with insurance products like annuities and variable annuities that have low returns and expensive fees and surrender charges.

Often, whole life policies come with a surrender charge period, during which you would pay a penalty if you surrender your policy.

The value of the investment is often subject to a surrender charge in determining the cash value.

The determination of the cash value, both the base amount and the applicable surrender charge, in the contract can be explicit by determining the value for each surrender date (guaranteed cash values), by referring to the value of specific investments or subject to the discretion of the insurance company, which is often executed to bring cash values in line with values of the investments of the insurance company.

Withdrawals are often also subject to a small charge in addition to the surrender schedule.