Sentences with phrase «policy over the lifetime of the policy»

In insurance terms, an aggregate limit is a defined threshold that shows the maximum payout of a policy over the lifetime of the policy.

Not exact matches

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Or, does the Fed's easy - money policy deregulation of oversight open the way for asset - price inflation that puts home ownership even further out of reach — except at the price of running up a lifetime of debt to the banks that write the loans on their keyboard at steep markups over their cost of funding from the compliant Fed?

«Trends of an increasing lifetime prevalence of suicide attempts over the 10 - year period and of a higher prevalence of suicidal ideation and plans among military personnel than among civilians in 2012/13 is a concerning and important observation with public - policy ramifications,» writes Dr. Jitender Sareen, Department of Psychiatry at the University of Manitoba, Winnipeg, Manitoba, with coauthors.

«If all the coal - burning power plants that are scheduled to be built over the next 25 years are built, the lifetime carbon dioxide emissions from those power plants will equal all the emissions from coal burning in all of human history to date,» says John Holdren, a professor of environmental policy at Harvard University's Kennedy School of Government.

According to the American Academy of Pediatrics (AAP) policy statement on ultraviolet light, UV damage is cumulative over a lifetime.

Four months earlier, Weingarten demanded that U.S. Secretary of Education Arne Duncan to back down from his mild praise of the California superior court judge's ruling in the case to abolish near - lifetime employment and dismissal rules, complaining that he was adding to the «polarization» of debates over education policy.

According to Cultivating Demand for the Arts: Arts Learning, Arts Engagement and State Arts Policy, individuals who experience and learn about the arts at a young age are likelier to reap the benefits of the arts over their lifetimes.

However, for long term estate tax planning for liquidity, a guaranteed universal life policy should be considered as minimum protection due to the rising cost of term insurance over a lifetime.

When enough cash value has accumulated in your policy, you can use it to make premium payments over the lifetime of the policy, eliminating the need to make out - of - pocket payments.

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Additionally, with an annuity, policy holders have the option of collecting payouts from the annuity over the course of their lifetime, countering the risk that a retiree can outlive his / her income.

This Stanism (Stan The Annuity Man speak) is based on an industry estimation that over 60 % of lifetime income riders are never turned on by the policy owner.

What makes a short term universal policy great is the ability to pay for a lifetime of insurance over a short term, usually 10 - 15 years.

In order to serve the needs of the beneficiary of a RDSP, it is important that any financial assistance (RDSP, Trusts, Estate, Insurance policies, etc) be spread out as even as possible over their lifetime.

Multi-pay or life - pay policies are just what you would guess — policies that are funded over a set number of years or a lifetime.

Over the life of a 20 or 30 year term life policy, a difference of only two or three dollars per month can add up to thousands of dollars in lifetime premiums.

SPG reinvented the hospitality loyalty landscape when it launched in 1999 with its breakthrough policy of no blackout dates, and over the years has continued its tradition of innovation with enhancements such as Cash + Points, Your24 ™, SPG Lifetime ™, SPG Moments and 4 p.m. late checkout when available.

For example, in the IEA report that Chevron cites frequently, stranded assets are «capital investment in fossil - fuel infrastructure that ends up failing to be recovered over the operating lifetime of the asset because of reduced demand or lower prices resulting from climate policy» [3].

The higher your status, the more you can earn in potential premium savings over the lifetime of your policy.

Our service is free and we offer a lifetime guarantee that allows you to give us a call anytime after you obtain your coverage in case you want to go over a couple of things or years later you decide you want to change up your policy to fit your needs.

However, over the course of a lifetime, whole life insurance is a less expensive option than renewing or rewriting a term policy again and again.

Continuous Premium Whole Life — Same as Straight or Level Premium Whole life and simply means that the policyholder pays the same premium over the entire lifetime of the policy which is generally to age 100.

Since life insurance rates are based on the age and health of the individual when the policy is purchased, the sooner an individual buys protection, the cheaper the rates he / she will pay over the course of their lifetime.

Whole life or permanent insurance provides coverage for your entire lifetime and has a savings element that builds cash value over the life of the policy.

Lastly, a Protective Whole Life insurance policy grants you the most guarantees, with a stated, fixed rate of cash growth over the lifetime of the policy.

A policy's lifetime maximum is defined as the coverage limit the insurance will cover in the event of a major medical event, or series of events over the insured's lifetime.

A permanent life insurance policy could provide you with a lifetime of protection, while building cash value over time.

Below are illustrations of how much cash value a 35 - year - old nonsmoking male with a preferred - rate $ 100,000 whole life insurance policy could build up over his lifetime.

On an annual basis you would save $ 206, and $ 6,192 over the lifetime of your policy.

* The maximum amount that can be accelerated over the lifetime of the insured is the lesser of 90 % of the face amount of the policy or $ 500,000, and the minimum face amount that can be accelerated is $ 1,000 annually.

If the policy performs well and policy costs stay low, it's very possible that over the lifetime of a universal life contract, that substantially less premium may be paid into the contract than in the case of whole life.

Benefit periods are typically three to five years, and correspond to the lifetime benefit cap, or the maximum dollars that will be paid by the insurance company on the policy; these figures are related in terms of the maximum daily benefit over the number of years in the benefit period.

In addition, if the insured wishes to have a lifetime insurance policy in the future, he or she may also be able to convert the Non-Medical term policy over into a permanent form of life insurance coverage that is offered through American Amicable.

On the other hand, whole life insurance policies, such as the Gerber Life Whole Life Plan, can cost more because they provide up to a lifetime of coverage and build cash value over time.

This coverage can be purchased starting at age 0, and in many instances, the policy holder will have the opportunity of converting the term policy over into a permanent life insurance policy — which can then provide coverage for the remainder of the insured's lifetime.

Premiums are higher than those of term life but the policy is intended to be permanent and provide coverage over a person's lifetime — up until 100 years old or as much as 120 years old.

The first is that the actual cost of insurance, also known as the insurance charge deduction, rises every year over the lifetime of the policy.

When enough cash value has accumulated in your policy, you can use it to make premium payments over the lifetime of the policy, eliminating the need to make out - of - pocket payments.

The decreasing term policy has a death benefit that decreases in a uniformed manner over the lifetime of the policy.

Cash Value — Most types of life insurance contracts have a cash value which builds over the lifetime of the policy.

Comparing quotes online is so easy, it only takes a few minutes of your time, and it could save you thousands of dollars over the lifetime of your life insurance policy.

While insurance costs can drop slightly year to year based on the mortality rate statistical changes or a health ratings change, costs will rise over the lifetime of the policy.

With a level term life insurance policy, the amount of the death benefit will remain the same over the entire lifetime of the policy.

Unlike a standard life insurance policy that only pays an amount after the adulthood of the policy, the money back plan starts to pay an amount that is called a «survival benefit» over the lifetime of the policy.

Now while a «banking policy» is not designed to have a large death benefit at first (although over your lifetime it will grow and grow), a larger death benefit can be acquired through one of the life insurance riders discussed below.

Your premium would remain the same amount for your lifetime, and the cash value of your policy accumulates over time.

Finally, another benefit of a life policy is the ability to spend the money you've saved over a lifetime and still be able to leave your heirs an inheritance.

These moneys are paid to the policyholder every few years over the lifetime of the policy.

Unlike a standard life insurance policy that only pays an amount after the maturity of the policy, the money back plan starts to pay an amount that is called a «survival benefit» over the lifetime of the policy.