Sentences with phrase «policy for the surrender»

Surrender means you give up the policy for the surrender value... you can contact the carrier to find out what the surrender value is at this time.

You can also surrender the policy for the surrender value.

The policyholder may terminate the policy anytime by surrendering the policy for a surrender value.

Short of dying, you could surrender the policy for its surrender value.

Not exact matches

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.

The State Department's inspector general releases a report criticizing Mrs. Clinton's use of the private server, saying that she should have asked for approval and that she had violated department policies by not surrendering her emails before leaving office.

Their financial surrender policy endorses the European Central Bank's lobbying for the neoliberal deregulation that led to the real estate bubble and debt leveraging, as if it were a success story rather than the road to national debt peonage.

SAN FRANCISCO — Uber CEO Travis Kalanick temporarily surrendered the reins of his $ 70 billion empire Tuesday, launching a new era for the embattled ride - hailing giant as it vows to reform everything from its alcohol and drug policy to its corporate power structure.

As the policyowner accumulates cash value inside the policy, the person can access the cash value, through loans or partial surrenders, which can be used for a variety of personal needs, such as quick cash for an emergency or to help supplement retirement income.

Another benefit of permanent life insurance is that unless the policy is surrendered prior to death, the policyholder is insured for life.

[citation needed] In a speech two days later Mrs. Thatcher attacked Labour's defence policy as a programme for «defeat, surrender, occupation, and finally, prolonged guerrilla fighting... I do not understand how anyone who aspires to Government can treat the defence of our country so lightly.»

Bell and Saatchi and Saatchi produced memorable posters for the Conservatives, such as a picture of a British soldier's arms raised in surrender with the caption: «Labour's Policy On Arms» — a reference to Labour's policy of unilateral nuclear disarmPolicy On Arms» — a reference to Labour's policy of unilateral nuclear disarmpolicy of unilateral nuclear disarmament.

In the same E&E ClimateWire interview, Bast criticized the American Enterprise Institute (AEI) as climate science capitulators who committed what he called «pre-emptive surrender» for admitting there is serious man made warming and engaging the policy arena.

If you surrender a life insurance policy for cash, you must include in income any proceeds that are more than the cost of the life insurance policy.

Dear VIKASH, You can surrender the policy only if you had paid the premium for three years.

Had Tom purchased a market - priced universal life (low - expense version) with slightly higher target premiums in the first place, the loan or surrender value would be about $ 1 million and he could continue the policy or surrender it for the cash.

A surrender charge is a hold back amount that an insurer charges against the cash values of a life insurance policy for the first 8 to 10 years, if funds are withdrawn early.

The difference between the cash and the surrender value is that if you surrender your policy (for example, if you choose to cancel and cash out the life insurance policy), you will receive the cash value that has accumulated less any applicable surrender charges; these charges are pre-determined by the life insurance company, and are stipulated in your policy contract.

Apparently, it is every direct broker s stated policy not to be responsible for informing its client, you the shareowner, particularly when proceeding to execute a compulsory sale and surrender of the client s holdings, without the client s knowledge or authority.

The amount (stated in the policy) that is available in cash upon the surrender of a policy for cancellation before or after the policy matures.

Terminal Illness / Nursing Home Care Rider After the first policy year, the withdrawal charge on withdrawals up to 50 % of the Cash Surrender Value ($ 1,000 minimum) is waived upon the occurrence of one of the following events for the Owner: (a) Terminal illness (life expectancy of 12 months or less).

A great benefit for both single premium whole life insurance policies is that, if you decide later on that you want to surrender the policy and cancel your coverage, you'll get a full return of your premium.

You can surrender the policy for virtually any reason, such as the need for the cash to cover a specific need, the unaffordability of the premium or because you no longer feel you need the policy.

The return of premium rider, available for return of premium life insurance policies, and also on certain long - term care policies, disability insurance, etc., will return all of your premiums paid over the life of your policy should the term come to an end or should you wish to surrender the policy.

With permanent plans, you have the option to surrender the policy for its accumulated cash value.

You can surrender the policy if you had paid the premium for three years.

You can choose to surrender your policy for a partial or full refund on all your premiums paid on the 15th, 20th and 25th policy anniversary.

With a life settlement, you agree to sell your policy to a third party for an amount greater than the surrender value but less than the face amount.

Cash value life insurance, whether whole life, IUL, or VUL, allows for the tax - free growth of funds in a policy's cash account unless the policy is canceled or surrendered, transferred or assigned to another owner, or the IRS no longer designates the policy a life insurance contract.

If the policy lapses, matures, is surrendered or becomes a modified endowment, the loan balance at such time would generally be viewed as distributed and taxable under the general rules for disbursement of policy cash values.

Some plans allow you to pay for the premium out of the cash value, so that even if your finances are tight, you will not need to surrender the policy and allow your coverage to lapse.

You will NOT have to pay tax on the surrender value of your policy nor reverse Section 80C benefits, if: You have paid your insurance policy premiums for at least 2 years after buying the policy.

Also, if you take withdrawals before the surrender period established by the policy ends you may have to pay a penalty for early withdrawal.

You may surrender the policy if you had paid the premium for three years.

Most permanent life insurance policies assess a surrender charge for accessing the money in the policy.

Surrender / Maturity proceeds of ULIPs whose Premium in any year is more than 10 % of Sum Assured (this is 20 % for Policies bought between Apr 2003 to Mar 2012) are taxable and do not come under EEE category.

The cash value of your policy typically isn't equal to its actual surrender value for the first 10 to 15 years of coverage.

With flexible requirements on the paid up additions options, the policy provides early high cash value surrender values, making Penn Mutual's whole life policy a top contender for anyone looking for the best cash value whole life insurance.

At the end of the guarantee period, if only the required premium has been paid, the policy may lapse for insufficient cash surrender value.

We target high cash surrender values in the early going so you can utilize the policy's cash value for other financial endeavors.

The policy also provides a guaranteed return of premium upon surrender for the premiums paid, plus any policy growth.

3 Failure to satisfy the Cumulative Required NLGR Monthly Premium Test will cause the rider and the guarantee to become inactive, and increase the potential that the policy may lapse for insufficient cash surrender value.

For the non-finance people and beginners out there, how should we go ahead with such plans and know what to invest so that we will not end up worse than what we could have had from insurance companies (the surrender value) if we hadn't signed up for term insurance, ie, signed up whole life, limited premium, ILP policies insteFor the non-finance people and beginners out there, how should we go ahead with such plans and know what to invest so that we will not end up worse than what we could have had from insurance companies (the surrender value) if we hadn't signed up for term insurance, ie, signed up whole life, limited premium, ILP policies instefor term insurance, ie, signed up whole life, limited premium, ILP policies instead?

Endowment mortgages include an insurance policy and, if you have had this policy for a few years, it may have a cash - in value (called a surrender value).

If a policy with no cash surrender value is sold (for example a term life insurance contract), the policy premiums would have largely covered just the cost of insurance, so that the proceeds received from the sale of the policy would all be capital gains.

We intend to buy term plans by surrendering our Traditional policies from LIC and also start investing in SIP for any shortfall in educational corpus of our child.

There are fees and charges associated with variable universal life policies, including cost of insurance charges, surrender charges, administrative and investment management fees, mortality and expense risk charges, and charges for optional benefits.

When life insurance policy owners no longer want, need, or can afford to continue to pay policy premiums, they traditionally have surrendered their policies to the issuer for their cash surrender value.

If, for some reason, you decide to surrender the policy, you would not receive your premiums back, but you would receive the cash value, if any has accumulated, minus any surrender fees and any outstanding loans plus interest.

The cash surrender value you can potentially accumulate within your policy may be protected from market downturns, and still offers some opportunity for growth.