Sentences with phrase «over life of the policy»

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

It also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Obtaining multiple quotes can help you find the best deal possible and save you quite a bit of money over the life of the policy.

Obtaining multiple quotes can help you find the best deal possible and save you thousands of dollars over the life of the policy.

The main difference between term life and permanent insurance is that term insurance only pays death benefits to your beneficiaries, while permanent life insurance pays out death benefits and accumulates cash value which will continue to build up over the life of the policy.

Another thing to consider is that a mortgage life insurance policy is often written as a decreasing term policy, so the death benefit decreases over time, (just as your mortgage payoff amount decreases as you pay your monthly mortgage payments), but the premium remains the same over the life of the policy.

In addition to paying death benefits, it also has a cash value accumulation feature which grows over the life of the policy.

Whole life insurance (cash value life insurance) offers a permanent accruing death benefit as well as accruing cash value within the policy over the life of the policy holder based upon mortality tables.

The return of premium rider, available for return of premium life insurance policies, and also on certain long - term care policies, disability insurance, etc., will return all of your premiums paid over the life of your policy should the term come to an end or should you wish to surrender the policy.

It also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

An interest rate that may change over the life of the policy but offers a minimum guaranteed rate

Over the life of the policy, you can borrow money against the accrued value.

In contrast, a life agent selling a $ 1,000,000 death benefit may make only 1 % of the total commission vs the total death benefit over the life of the policy.

As GAAP accounting would suggest, all revenues and expenses are spread over the life of the policies.

The significant cost of acquiring a life insurance policygets recovered over the life of the policy.

With Banner he was rated as a preferred policy, but AIG rated him as preferred plus saving him $ 3,312 over the life of the policy he chose.

These premium payments are calculated on an average over the life of your policy, making the payments fixed and easy to budget around.

Auto insurance quotes are based on how much you are likely to cost your provider over the life of the policy; if you make adjustments to your vehicle, your living situation, or your lifestyle that make you appear less of a risk, your premiums can be reduced.

A type of Permanent Life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.

Decreasing term life insurance is a life insurance option where the death benefits decrease on either a monthly or annual basis over the life of the policy.

Permanent life insurance never expires, and it includes a «cash value» component that grows (or in some cases shrinks) over the life of the policy.

Offers you a money - back guarantee on your term life insurance: If you outlive the policy, the premiums you have paid over the life of the policy will be returned to you.

Because the cash value portion is invested, there is a risk that you can end up losing cash value over the life of the policy.

If you keep your car for seven years, extrapolating, that week's worth of proactive work will net you savings of $ 1,400 over the life of your policy.

The death benefit shrinks over the life of the policy, either at a set rate or at a rate that matches your mortgage.

All of those costs would be spread over the life of the policies, rather expensed in the current year.

In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.

Determine your needs, shop around and look for ways to make your premium affordable over the life of the policy.

It's possible to adjust both the death benefit and the premium over the life of the policy.

One of the most useful features of permanent life insurance is the cash value that accumulates over the life of the policy, which can be:

The biggest penalty for this is you've likely paid more over the life of the policy then you should have.

The main differences between term and permanent life insurance are that permanent life insurance is in force for your entire life (as long as you pay the premiums) instead of a certain «term,» and permanent insurance accumulates cash value over the life of the policy.

Inflation protection riders can be purchased with a single premium, over a defined number of years, or over the life of the policy.

In addition, whole life policies build up tax - deferred cash value, or savings, over the life of the policy.

• Coverage is for life, eliminating the need to renew the policy • Provides death benefits • Cash value accumulation feature, which builds up over the life of the policy • Allows you to borrow against the policy • Allows you to surrender the policy

Part of each premium goes toward a cash value that gradually increases over the life of the policy.

Paying premiums annually can save you thousands of dollars over the life of your policy.

Decreasing term insurance is renewable term life insurance with coverage decreasing over the life of the policy at a predetermined rate.

The drawback with a term life insurance policy is that when you come to the end of the term, you have spent a lot of money over the life of the policy.

The death benefit will not decrease over the life of the policy but will remain fixed as long as you continue to make premium payments.

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.

So, taking this extra step may save you money over the life of the policy.

A type of Permanent Life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.

Did you know that paying once a year can save you thousands of dollars over the life of your policy?

This type of term life insurance policy is more expensive than traditional term life insurance, but the premiums remain level over the life of the policy.

The policy also provides cash value accumulation which grows over the life of the policy and should equal the death benefits at age 100.

The death benefit will decrease at a predetermined rate over the life of the policy, but premiums usually remain level throughout the term (which can range anywhere from one to 30 years).

Can vary your death benefit options so that they are fixed, increasing or decreasing over the life of the policy.

Add it all up, and 15 % to 25 % of all the premiums you pay over the life of the policy could go to commissions and other costs, such as office expenses, according to Daily.