Sentences with phrase «partial withdrawals benefit»

The buyer can also avail partial withdrawals benefit for meeting unplanned expenses.

Not exact matches

Loans and partial withdrawals will decrease the death benefit and cash value of your life insurance policy and may be subject to policy limitations and income tax.

In analyzing the benefits of a possible Roth conversion, the proper tax rate comparison is between the lowest tax rate that may apply to a partial conversion and the highest tax rate that will apply to withdrawals if you don't convert.

In addition, loans and partial withdrawals may cause certain policy benefits or riders to become unavailable and may increase the chance your policy may lapse.

It's important to note that accessing the cash value through loans and partial withdrawals will reduce the cash value and death benefit.

Pay once or for 5 years while accruing benefits for 10 along with the flexibility of partial withdrawals.

If you take a loan, withdrawal or partial or whole surrender, your death benefit may be reduced, your policy may lapse or you may face tax consequences.

Charges for IndiaFirst Employee Benefit Plan and Birla Sun Life Empower Pension - SP Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for DHFL Pramerica eSave and IndiaFirst Employee Benefit Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for Single Premium Pension Super and Group Employee Benefit Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for BSLI Protector Plus and Secure Return Employee Benefit include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for Max Life Guaranteed Income and IndiaFirst Employee Benefit Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for IndiaFirst Simple Benefit Plan and Metlife Loan and Life Suraksha include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for Edelweiss Tokio Group Credit and IndiaFirst Simple Benefit Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for Credit Assure Plan and Group Variable Employee Benefit include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for Bajaj Allianz Save Assure and IndiaFirst Employee Benefit Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for BSLI Protector Plus and IndiaFirst Employee Benefit Plan include premium allocation, policy administration, switching, partial withdrawal etc..

Charges for IndiaFirst Employee Benefit Plan and Smart Pension Plan include premium allocation, policy administration, switching, partial withdrawal etc..

The policy features guaranteed death - benefit protection and flexibility to make partial withdrawals while maintaining pro-rated benefits.

Then there are loyalty additions that boost retirement savings and benefits for partial withdrawal along with vesting and surrender benefits.

Any cash value that may accumulate in your policy can be withdrawn or borrowed against and used for any purpose (important note: any outstanding loans or partial withdrawals that aren't paid back will reduce your policy's death benefit)

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured net of partial withdrawals or the Fund Value including loyalty additions or 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured net of partial withdrawals or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

On death of the policyholder, under Benefit Option 1, higher of the Sum Assured including the top - up SA net of any partial withdrawals made in the last 2 years or Fund Value including the Top - up Fund Value or 105 % of premiums paid is payable to the nominee

Also, know that any loans, withdrawals, and surrenders, partial or whole, can adversely affect the death benefit, may have adverse tax consequences, and could result in the policy lapsing.

It's potentially useful if you need it, but any partial withdrawal (systematic or non-systematic) may reduce your annuity's benefits, such as your death benefit, which allows you to pass on the contract to your beneficiaries in the event of your death.

Loans and partial withdrawals will reduce the cash value and the death benefits payable to your beneficiaries, and withdrawals above the available free amount will incur surrender charges.

On death of the policyholder, higher of the Sum Assured including Top - up Sum Assured net of Partial Withdrawals or Fund Value including Top - up Fund Value or Minimum Death Benefit is payable

2Policy loans and partial withdrawals may reduce or eliminate Index Credits, generate an income tax liability, result in surrender charges, reduce available surrender value and reduce the death benefit, or cause the policy to lapse.

2Policy loans and partial withdrawals may reduce or eliminate index credits, generate an income tax liability, reduce available surrender value and reduce the death benefit, or cause the policy to lapse.

Both the new products would have the benefits of higher protection, option of partial withdrawals and portability facilities amongst others.

As long as sufficient premium payments are made on a timely basis (exactly as illustrated), no unscheduled loans or partial withdrawals are taken, no increase in face amount or changes in death benefit options are made, and policy loan value does not exceed the policy's cash surrender value, the insurance coverage will remain in effect.

If you take a loan, withdrawal or partial or whole surrender, your death benefit may be reduced, your policy may lapse or you may face tax consequences.

However, unlike other contracts wherein fulfilling certain obligations from both sides will generally be simultaneous, in life insurance contracts, the customer fulfils his obligations of payment of premium either immediately (single premium) or periodically (annually) with a hope and belief that the other party (insurer) will be fulfilling his part of the obligation in due course through multiple events like partial withdrawals, loans, survival or maturity benefits, surrenders or any live or death claim as per contractual obligations.

Withdrawals, policy loans and partial surrenders will reduce policy values and may reduce death benefits.

If you choose to take loans or partial withdrawals, the death benefit payable to your beneficiaries will be reduced

Assured Maturity Benefit = (101 % * «Total Premiums» paid till date) less the Total Partial Withdrawals made till date (if any).

(Included in the Policy) Guaranteed Refund Option • Accelerated Death Benefit for Terminal and Chronic Illness Rider • Waiver of Surrender Charges for Partial Withdrawals Rider

1All withdrawals, or partial surrenders, will reduce the death benefit in the same proportion the contract value was reduced.

1Loans or partial withdrawals can reduce the policy's cash value and death benefit, can increase the possibility of policy lapse, and may result in a tax liability.

In the case of whole life policies, where the death benefit and cash value structure is less flexible, there's no way to take a non-taxable withdrawal from the policy, nor to just reduce the death benefit; however, it is possible to engage in a «partial surrender» of the policy, which liquidates a portion of the policy, returns a portion of the cash value, and reduces the death benefit accordingly.

But fortunately, it's often feasible to sustain the policy with some combination of restructuring the policy's dividends and death benefit, engaging in partial surrenders or withdrawals, contributing some additional dollars into the policy (either as premiums, or to pay loan interest or repay principal), or even exchanging to a new «life insurance rescue policy» that transfers the policy's cash value — along with the loan itself — in a tax - free 1035 exchange.

Can you get a partial withdrawal without paying surrender or other charges and is there a death benefit?

The Death Benefit will be the higher of the following: (a) the Fund Value or (b) the Sum Assured minus all Partial Withdrawals, or (c) 105 % of the Total Regular Premiums paid.

If the insured dies, the death benefit will be higher of the chosen Sum Assured deducting any partial withdrawals made in the 2 years prior to death or the Fund Value is paid

The death benefit paid on death will bean amount which is higher of the chosen Sum Assured deducting any partial withdrawals made in the 2 years prior to death or the available Fund Value is paid with a minimum of 105 % of total premiums paid until the date of death

On demise of the policyholder, higher of the sum assured including top - up sum assured excluding the partial withdrawals or fund value including top - up fund value or minimum death benefit is payable.

If the policyholder dies at the age of 50 years or above, the nominee will receive the Sum Assured including Top - up sum assured net of partial withdrawals or Minimum Death Benefit or Fund Value including Top - up Fund Value (Whichever is higher).

It provides the option of partial withdrawals and benefits on death of the life assured or on maturity of the policy.

The best tax saving investment plans allows one to make partial withdrawals by surrendering a certain portion of the policy while retaining other benefits.