Not exact matches
The policy
owner pays a
guaranteed fixed insurance premium in return for a
guaranteed death benefit and
guaranteed cash value growth.
Whole life insurance combines a level premium with
guaranteed cash values which the policy
owner may use to meet a variety of financial goals.3 Whole life insurance policies may also produce excess credits, which may be used to purchase additional paid - up life insurance, potentially increasing the available death benefit.
Universal life insurance can be advantageous for individuals and for business
owners, as it offers
guaranteed cash value, as well as the ability to get policy loans with tax free income potential.
The policy
owner pays a
guaranteed fixed insurance premium in return for a
guaranteed death benefit and
guaranteed cash value growth.
In addition to the
guaranteed rate of growth, the component that really hastens the growth of the
cash value account investment is dividend payments from the life insurance company to the policy
owner.
Even though the
owner is paying less and less money over time, the
cash value is still
guaranteed to grow by the illustrated minimums.
Accelerated Death Benefit Accidental Death and Dismemberment Actuary Annuity Application Beneficiary
Cash Value Coverage Death Benefit Endowment Life Insurance Extended Term Life Insurance Option Face Amount
Guaranteed Acceptance Life Insurance Health Class Insurance Agent Insurance Broker Life Insurance Life Insurance Policy Medical Exam Mortgage Insurance No Medical Exam Life Insurance Permanent Life Insurance Policy
Owner Premium Return of Premium Life Insurance Second to Die Life Insurance Survivorship Life Insurance Term Life Insurance Uninsurable Universal Life Insurance Variable Life Insurance Whole Life Insurance