Sentences with phrase «premium goes towards»

Even if nothing goes wrong, the benefit of paying this premium goes towards your insurance score.
A part of the premium goes towards life cover (mortality charges) and other policy charges (premium allocation, administration, fund management etc) and the remaining is invested in funds as per policy holder's discretion.
One reason for this is because the policyholder can — within certain guidelines — decide how much of the premium goes towards the death benefit, and how much goes towards the cash value.
In case of ULIPs, a part of your premium goes towards providing you life cover.
In any insurance and investment combo product, a part of premium goes towards mortality charges (for life cover) and the remaining is invested.
A part of your premium goes towards providing the life cover (mortality charges).
Let's assume that Rs 25,000 of this premium goes towards the insurance amount and the remaining Rs 25,000 is invested in the markets.
In ULIPs, a fraction of the premium goes towards your life cover while the remaining is invested in equity and debt schemes.
In a traditional life insurance plan a part of the premium goes towards mortality charges (for life cover) and the remaining is invested primarily in Debt or Fixed Income Securities.
Part of the insurance premium goes towards providing a life cover and the rest is invested in different investment funds with a medium to long - term investment horizon.
The premium allocation in this plan ranges from 95 % to 98.5 %, meaning that most of the insurance premium goes towards investment, helping maximise returns over the policy term.
Combining insurance and investment, a portion of the premium goes towards providing a life cover, whereas the remaining is invested in equity and debt.
These policies offer more flexibility than whole life insurance because the policy holder may allocate — within certain guidelines — how much of the premium goes towards the death benefit and how much goes toward the cash value.
Within certain limitations, the insured is allowed to allocate when and how much of the premium goes towards the insurance portion of the policy and the cash value portion of the policy.
Your premium goes towards different indexed accounts that can provide a return based on the performance of certain indices, such as the S&P 500.
The remainder of the premium goes towards the policy's cash value, which is similar in structure to a brokerage account.
In addition, with permanent insurance policies, each time you pay premiums, a portion of the premium goes towards the policy's cash value.
The policy holder may also be able to decide how much of his or her premium goes towards the policy's cash value component, and how much goes towards the death benefit.
A portion of premium goes towards mortality charges i.e. providing life cover.
Part of the premium goes towards building a cash value.
They may also be able to determine how much of their premium goes towards the insurance component of the policy, and how much goes towards the cash value.
However, universal life is thought of as being more flexible than whole life because the policy holder has more control over when the premium due date is, as well as how much of the premium goes towards the death benefit, and how much goes towards the policy's cash value (within certain guidelines).
The premium goes towards a death benefit and a cash value account.
A portion of your premium goes towards the cash value feature.
The final portion of the premium goes towards the savings or cash value accumulation portion of your policy.
Your premium goes towards different indexed accounts that can provide a return based on the performance of certain indices, such as the S&P 500.
Universal Life Insurance — With universal life insurance coverage, policyholders can, within certain guidelines, choose how much of their premium goes towards the policy's death benefit, go to the cash value.
The remainder of the premium goes towards the policy's cash value, which is similar in structure to a brokerage account.
In addition, with permanent insurance policies, each time you pay premiums, a portion of the premium goes towards the policy's cash value.
Cash component riders: Some insurance policies, like whole life, have a cash component — one part of your premium goes towards life insurance and another part towards accumulating cash value via investments.
However, a portion of premiums goes towards the cash value, making whole life insurance significantly more expensive.
However, a portion of premiums goes towards the cash value, making whole life insurance significantly more expensive.
Variable universal life is offered directly from a registered representative, and offers both flexibility and the potential to accelerate growth of cash within the policy by a portion of the premiums going towards the stock market.
However, a portion of premiums goes towards the cash value, making whole life insurance significantly more expensive.
In other words, owners of this type of life insurance are having a portion of their premiums go towards things like mutual funds in an effort to maximize their gains in a tax deferred manner.
Michigan drivers often look over their policy to notice a large chunk of their insurance premium going towards the MCCA fee.

Not exact matches

Each time you make a premium payment, part of the money goes towards the:
Even if you buy into a premium plan which is offered by very few insurance companies thus far, the bill specifically prohibits any federal funds going towards it.
For alloy wheels, go for the LE Plus trim or if you fancy premium - like vinyl upholstery, then turn your attention towards LE Premium models.
He added that the Active Tourer is not evidence of the brand going downmarket, so much as it reaching down towards to top - end of the mainstream market and encouraging buyers to reach back up to a premium brand.
Written by authors, for authors with no bias towards any service, this goes through how you can evaluate premium self - publishing companies and how to do it yourself.
Each time you make a premium payment, part of the money goes towards the:
In some cases, the premium payments that you make towards a permanent plan are invested by the carrier, and the money generated by these investments goes back into your policy, increasing its value and its payout throughout your life.
When you pay premiums, a portion of the money goes towards the policy's cash value, which grows according to a rate specified in the policy.
When you pay whole life insurance premiums, a portion goes towards paying the cost of insurance, some is put towards sales and administrative fees, and the rest of the money goes towards the policy's cash value.
A portion of the insurance company's expenses incurred are fixed per contract such that incremental premium can go entirely towards buying income.
Each month some of the premium payment goes towards the insurance part of the contract, while any excess gets put towards the cash value.
One reason for this is because the policyholder is allowed, within certain guidelines, to determine how much of the premium will go towards the death benefit, and how much will go towards the cash value component.
When you pay monthly or annual premium into an endowment policy, part of that payment is used to buy life insurance, while the rest is pooled in an investment fund that goes towards your endowment payout upon maturity.
Those expenses go towards expensive meals, upgraded hotels and premium travel with everything being written off along the way.
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