Sentences with phrase «paid over the entire term»

Since the plan also ensures that if he were to survive till the end of the policy term, he will receive all the premiums that he has paid over the entire term thus ensuring that he receives commensurate benefits for the premiums he invests whether it is in the form of the Death Benefit or Maturity Benefit.

Not exact matches

While the residents of Britannia rank 15th in terms of average net worth, their average annual income, at over $ 1.3 million, makes them the highest - paid on the entire ranking.

No single investment must last for the entire span of the investor's life, because the investor ideally has a diversified portfolio of several dividend - paying companies, but the better the investments perform over the long - term, the lower the turn - over rate of the portfolio needs to be.

Using the last row as an example, for a loan term over 15 years and an LTV over 90 %, the borrower must pay an MIP the entire duration of the loan term.

However, it's important to remember that most people do not keep the mortgage for the entire loan term and the added costs are usually paid upfront — not over the life of the loan.

This is the total interest that is paid over the entire mortgage term.

When you pay points for a purchase loan, you can usually deduct the points on your taxes; for a refinance, you must prorate the points over the entire loan term, such as 30 or 15 years of tax returns.

And eventually you will need to make higher payments to pay down the entire balance over the remaining term, or refinance the loan.

This is a great feature as it means you don't have to pay higher premiums over the entire term of the policy if you only need more coverage for a short period of time.

No more lapses As the policy premium is single and is paid up in a lump sum, therefore, you do not have to stress over policy getting lapsed in a case of premium non-payment hence, making the policy valid for the entire policy term, which creates a good cash value while you render policy benefits in the end.

However, shorter term fixed loans can result in you paying less interest, meaning the 25 - year loan could save you money over the entire term of the loan.

Plus, I should again stress longer holding periods can be a huge advantage (not just in terms of taxes): Generally, the better the company / investment, the longer you end up holding it — and if you hold a stock for 5 - 7 yrs +, for example, the broker fee to buy & to sell is obviously pretty irrelevant when you «spread» it over the entire period (& far cheaper than the annual / cumulative fees you'd pay on an investment fund).

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.

In a recent ten year transaction, the monthly price for services was flat lined over the entire ten year term, with the customer paying the same aggregate fee each month of the term for all of the services it received.

You can choose to pay over the entire policy term (Regular Pay) or pay for a shorter duration (Single / 5 Pay) while being covered for the full policy tepay over the entire policy term (Regular Pay) or pay for a shorter duration (Single / 5 Pay) while being covered for the full policy tePay) or pay for a shorter duration (Single / 5 Pay) while being covered for the full policy tepay for a shorter duration (Single / 5 Pay) while being covered for the full policy tePay) while being covered for the full policy term.

While you pay premium only during the first half, you enjoy Life Insurance Cover over the entire policy term.

But in case of an unfortunate event before the full term of the policy is over; the beneficiaries are entitled to receive the entire sum assured regardless of the number of instalments paid out.

Although «coinsurance» was the least understood term in the entire survey, more respondents without an employer - paid plan accurately defined it over those with one (24 percent vs. 22 percent).

This is a great feature as it means you don't have to pay higher premiums over the entire term of the policy if you only need more coverage for a short period of time.

You get flexibility to pay premiums in a single year, over five years or during entire Policy Term; Policy Term can vary from 10 years to 20 years.

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.

These are accrued over the entire policy term and paid to you at the end of the policy term

Peace of mind, same monthly payment over the entire term allows you to budget better however hefty penalties on early pay outs.