Sentences with phrase «policy account values»

A date on which policy account values - typically in variable policies - are contractually determined.

That rate of interest doubles policy account values every six or so years.

The interest rate that AXA Equitable credits to the Interest Sensitive Whole LifeSM Policy Account Value is declared periodically.

The Policy Account Value may be enhanced by additional interest credited at current rates.

The interest rate AXA Equitable / MLOA credits to the Policy Account Value is declared periodically.

Additional interest can be used to increase the Policy Account Value.

The Policy Account Value may also be enhanced by additional interest.

Withdrawals also will reduce the policy account value and cash surrender value.

Withdrawals also will reduce the policy account value / cash surrender value.

Provides a death benefit that varies with your policy Account Value.

Your death benefit is the amount of life insurance plus the policy Account Value.

(Although the policy account value may be enhanced by additional interest).

Money you borrow from your policy account value continues to earn interest, as if it were never taken out.

In case of death due to suicide within 12 months from the date of inception of the policy or from the date of revival of the policy, the nominee or beneficiary of the Policyholder shall be entitled to Fund Value / Policy Account Value, as available on the date of death.

IncentiveLife Legacy ® III offers you the opportunity to direct how a portion of your premium payments and Policy Account Value are invested among a wide array of investment options that include equity portfolios, bond portfolios and a money market portfolio.

Survivorship Incentive Life LegacySM offers you the opportunity to direct how a portion of your premium payments and Policy Account Value are invested among a wide array of investment options that include equity portfolios, bond portfolios, and a money market portfolio.

The Policy Account Value may also be enhanced by additional interest.

The interest rate of the bonus shall be expressed in terms of percentage rates and shall apply to the policy account value.

If the policyholder commits suicide within first 12 months of the policy inception or renewal, then the Policy Account Value shall be paid to the nominee.

The policyholder can withdraw his policy account value partially during the policy term.

On the death of the policyholder, higher of the policy account value or the base sum assured, which is subject to a minimum of 105 % of the total premiums paid is payable under the Gold Option.

The Policy Account Value may be enhanced by additional interest credited at current rates.

The interest rate AXA Equitable / MLOA credits to the Policy Account Value is declared periodically.

Policy Account Value is the amount of regular premiums paid less applicable charges.

In the event of death of the life insured during the policy term, the Death Benefit payable is higher of Sum Assured on Death or Policy Account Value.

Policy Account Value, or Basic Sum Assured, or 105 % of all the premiums paid till the time of death, excluding any extra premiums (if any) of the individual member shall be paid.

This charge will be deducted from the Policy Account Value of each member of the group scheme at the rate of 1.35 % p.a.

Scenario B - Death Benefit: In the event of his death during any policy year, the Death Benefit payable is higher of Sum Assured on Death or Policy Account Value.

Guaranteed Interest Rate, Additional Interest Rate & Non-Zero Positive Residual Addition also boosts the Policy Account Value.

Guaranteed Interest Rate, Additional Interest Rate and Residual Additions add - up to the Policy Account Value.

The Surrender Value will be the Policy Account value, less the Market Value Adjustment amount (if any) and the surrender charges

You have the option to withdraw from your Policy Account Value after the 5th policy anniversary.

Upon surrendering the policy with - in first 5 policy years, the Policy Account Value is payable at the end of the 5th year.

On survival of the life insured till the end of the policy term, the Policy Account Value is payable.

In the event of death of the life insured, the beneficiary is entitled to receive following benefit: For Gold Option: The higher of Sum Assured less partial withdrawals #, Policy Account Value, or 105 % of the total premiums paid, as on the date of death.

It is deducted on each Policy Month Anniversary from the policy account value by cancellation of units.

On survival of the life insured till the end of the policy term, the Policy Account Value including terminal bonus interest rate as calculated on the maturity date and it is payable as a lump sum.

Scenario B - Death Benefit: In the event of his death during any policy year, the higher of Sum Assured plus Policy Account Value is payable or 105 % of the total premiums paid, as on the date of death.

Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Policy Account Value including terminal bonus interest rate as calculated on the maturity date and it is payable as a lump sum.

For Platinum Option: Higher of Sum Assured plus Policy Account Value is payable or 105 % of the total premiums paid, as on the date of death.

Not exact matches

Here's how: Suppose that after you hold your insurance policy within your retirement account for three or four years, it builds a cash value of $ 20,000.

Cash value life insurance refers to any life insurance policies that not only have a death benefit but also accumulate value in a separate account within the policy.

It is not applied to the Interest Bonus or any portion of the Account Value that is Policy Debt or the Minimum Account Value.

The majority of permanent life insurance policies also have a cash value component, which is similar to an investment account.

Each time you make a permanent life insurance premium payment, a portion of the money goes into a cash value account, and this account grows at a rate specified by the policy.

(2) Reflects 2015 Merger - related adjustments including the change to align Kraft to Kraft Heinz's accounting policy for postemployment benefit plans; incremental amortization resulting from the fair value adjustment of Kraft's definite - lived intangible assets; incremental compensation expense due to the fair value remeasurement of certain of Kraft's equity awards; and, certain deal costs related to the 2015 Merger.

The Company will account for the transaction by using its historical information and accounting policies and adding the assets and liabilities of Streetcar as of the acquisition date at their respective fair values.

While the policy allows for access to the account value in the short - term, through loans and withdrawals, there are costs and risks associated with those transactions.

Since the growth of your policy's cash value is tax - deferred, variable life insurance might be a good consideration if you've maxed out your retirement account contributions, have a sizable portfolio of more liquid assets (such as in your brokerage and savings accounts), and are looking for an additional investment vehicle that also offers coverage to your dependents should anything happen to you.

However, given the complexity of the policy, the additional costs correlated with permanent life insurance policies, and the potential to lose the entirety of the account's cash value, it's not recommended if your primary intent is to provide financial coverage in the case of your death.