Sentences with phrase «policy accrue»

Loans against the policy accrue interest and decrease the death benefit and cash value by the amount of the outstanding loan and interest.

In addition to providing a death benefit, whole life policies accrue cash value.

I equate this with the life insurance policy accruing equity in a way similar to real estate.

This type of policy accrues cash value.

All of them come with different advantages but they each offer the death benefit and the life policies all accrue cash value.

Another key difference between permanent and term life insurance is that various types of permanent life insurance policies accrue cash value that can be accessed while the policyholder is living.

Permanent policies accrue a cash value that can offer protection in later years.

The reason is because the policy accrues no cash value (except in the case of Return of Premium Term Life Insurance, where you can get a full refund for all the premiums you've paid at the end of the policy period).

A whole life insurance policy accrues cash value and pays dividends which can be used in different ways while the policy is in place.

Based on the investment performance of the insurance company, the cash value equivalency worth of your policy and the length of time that your policy accrues value you can adapt the policy to become supplementary payments for yourself, pay bills and so much more.

Of course, taking money against the policy will reduce the death benefit but this isn't a problem if your needs have adjusted, your policy accrues interest greater than your loan, or you have the ability to repay the loan.

The cash value worth that your indexed universal life insurance policy accrues is all taxation deferred.

Some policies accrue a cash value over time.

Bonus: This policy participates in the bonuses of the company and the policy accrues Simple Reversionary Bonuses and Final Additional Bonus

Bonus: This policy participates in the bonuses of the company and the policy accrues simple Reversionary Bonus and Final Addition Bonus, if any

The higher the rates, the more money your policy accrues over time.

In addition to providing a death benefit, whole life policies accrue cash value.

This policy accrues Simple Reversionary Bonus compounded annually.

Not exact matches

An unlimited paid time off policy, on the other hand, will not have accrued time off.

Since she has left the academic world and is not now contributing to a 403 (b), he says, she could probably make the move without having to pay «surrender charges» — penalties for terminating a policy or withdrawing funds from the accrued value before a set time.

These policies are not as common as banked or accrued systems, but are gaining some traction in certain industries like technology.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

What's actually true is that yield - seeking speculation in response to quantitative easing and zero - interest rate policies has elevated current valuations, giving investors returns (at least on paper) that they would have waited many more years to accrue.

If you were to die before paying back your policy loan, the loan balance plus interest accrued is taken out of the death benefit given to your beneficiaries.

«A better alternative may be to purchase a permanent life insurance policy that accrues a cash value,» he explained.

Under a traditional vacation policy, employees either accrue vacation time over the course of the year, or start off the year with a bank of days that are owed to them.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and

Finally, the likelihood of accruing unambiguously positive benefits from an active population policy devoted to shaping the demographic composition of society seems extremely low.

Each deliver foreign policy advantages that trump any benefits that might accrue from rights promotion.

DECC need to further quantify what benefits accrue as a result of decarbonisation policies and be frank about the uncertainties surrounding them.

Until the state changes its policy, local efforts have been underway to lower the number chargeback fees accrued by keeping students here in Erie County.

The fund has so far accrued almost $ 300 million, and some civil society groups have projected it will cost government an estimated 3.5 billion Ghana cedis annually to implement the policy.

New Patriotic Party (NPP) Member of Parliament for Effutu, Alex Afenyo Markin, has said that government could consider taxing Ghanaians in order to accrue funds to finance its flagship free Senior High School (SHS) policy.

Senior Minister, Yaw Osafo Maafo on Tuesday [14th February] told the media that government will get the necessary legislation to enable it use the Heritage Fund which is 9 percent of the revenue accrued to Ghana from its crude oil proceeds to finance the president's Free Senior High School policy.

Such near - term benefits provide the basis for a no - regrets GHG - reduction policy, in which substantial advantages accrue even if the impact of human - induced climate change turns out to be less than current projections show.

Since the benefits of large - scale investments in human talent accrue powerfully to society as a whole, and are not necessarily visible to individual parents, students, local or state officials, it is important for the national government to keep policy focused on this level of aggregation.

The indeterminate nature of leadership in the course of policy making, and the slippage that occurs as policy refinements accrue during implementation, help to explain how policies succeed or fail.243 Particular instruments used to reformulate policy are less important, according to this perspective, than understanding how a particular policy issue got the governor «s or the legislative committee «s attention in the first place.244 A third image, the practitioner perspective, emerges from studies of publicsector administrators; it examines the tendency of administrators to seek flexibility and autonomy in interpreting policies, and ways in which this tendency affects the broader process of change.

Each district school system must provide a policy under which a district employee may authorize his or her spouse, child, parent, or sibling who is also a district employee to use sick leave that has accrued to the authorizing employee.

Educational personnel in Department of Children and Family Services residential care facilities who are employed by a district school board under the provisions of s. 402.22 (1)(d) may request, and the district school board shall accept, a lump - sum transfer of accumulated annual leave for each person employed by the district school board in a position in the district eligible to accrue vacation leave under policies of the district school board.

A district school board may establish policies to provide for a lump - sum payment for accrued vacation leave to an employee of the district school board upon termination of employment or upon retirement, or to the employee's beneficiary if service is terminated by death.

Each district school system may provide a policy under which a district employee may authorize any district employee to use sick leave that has accrued to the authorizing employee.

We are entitled to accrue and withhold payments until the total amount due is at least Ten U.S. Dollars ($ 10) or for payments in other currencies, at least those amounts we set forth in the Service Policies.

Sometimes, however, the amount of liability coverage offered by your policy is not enough to fully cover both the expenses accrued by the damaged party and your legal defense costs.

Part of the strategy is to work with mutual life insurance companies that allow flexibility in borrowing from the policy and allow the cash value to accrue regardless of outstanding policy loans.

While term life insurance doesn't accrue a cash value over time, meaning you can't borrow against it, a term policy has a low cost by comparison and is still customizable to an individual's situation.

I agree with Accrued Interest; a bailout is bad policy.

2) Guaranteed Additions: Subject to the Policy being in force and all due premiums being paid, Guaranteed Additions, equal to 10 % of the Sum Assured shall accrue as per the schedule given in the table below:

Unlike permanent life insurance policies — like whole or universal life — term policies do not accrue cash value.

Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.

Or you may wish to lock in a steady rate with a permanent life insurance policy, which accrues cash value, and pays a guaranteed death benefit, even if you live to be 100 years old.