Sentences with phrase «policy after a certain point»

This means that, many people will not actually have to pay into their whole life policy after a certain point, the policy will pay for itself.

A policy that is well funded early has the potential to perpetuate itself over time without premium payments being made into the policy after a certain point.

Not exact matches

* All permanent policies can be surrendered for their current cash value after a certain number of years, at which point the insurer pays the accumulated cash value minus any loans and fees.

A driver with a learner's permit may be easily added to the policy, as long as the driver receives a regular driver's license after a certain point.

After a certain point in the life of the policy, you are allowed to borrow against that cash value.

As you can see, there is a quite a bit of variation when insurance companies have age cut - off points where certain types of term life insurance policies will no longer be sold after you reach a designated age.

A term insurance policy is only going to be effective for a certain period of time, and after that point, they are no longer going to be active, which means that you won't have insurance protection.

* All permanent policies can be surrendered for their current cash value after a certain number of years, at which point the insurer pays the accumulated cash value minus any loans and fees.

In addition, you pay many of the costs of whole life policies up front, so after a certain point it may become more efficient to hold on to it.

Many policies will have a dividend payment which becomes high enough to pay the entire premium due after a certain point.

This is because the intent of the policy is to build cash value at a faster rate for a higher internal rate of return, or because premium payments are meant to stop after a certain point, and sufficient cash value must be built up to end payments.

This is a more forgiving policy than offered by our competitors, who do not allow refund requests after a certain point in the Oregon internet driver education course.

This is a more generous policy than offered by our competitors, who do not allow refund requests after a certain point in the Michigan internet driver education course.

This is a more flexible policy than those of our competitors, who will not allow refund requests after a certain point in the Mississippi online learners permit course.

Continuing from the previous point, Metlife Final Expense insurance policy will also have a graded death benefit which means that the death benefit will not be active until a certain amount of time after you open the policy.