Sentences with phrase «premiums of a variable life insurance policy»

A possible disadvantage is that the premiums of a variable life insurance policy generally are fixed and can not be adjusted if your financial situation changes.

Not exact matches

Policies such as variable universal life insurance combine components of the above, blending the investment flexibility of variable life with the ability to use the cash value to pay monthly premiums offered in universal life.

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Variable Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymeLife (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife policies, such as flexible allocation of premium payments.

Variable universal life insurance policies have the cash value structure of variable life insurance, but you can use the cash value to pay pVariable universal life insurance policies have the cash value structure of variable life insurance, but you can use the cash value to pay pvariable life insurance, but you can use the cash value to pay premiums.

The cash value of variable life insurance policies can grow at a much faster rate and in certain cases can be used to pay premiums.

Whole life insurance policies don't offer the flexible premiums of variable universal life insurance policies.

Flexible Premium Variable Life Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymeLife Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymelife insurance policy in which the policy owner may vary the amount or timing of premium insurance policy in which the policy owner may vary the amount or timing of premium payments.

IncentiveLife Legacy ® III is a flexible premium variable universal life insurance policy designed to provide cash to your beneficiaries upon your death so that they may use it to help preserve their quality of life.

Note: Variable life insurance policy values are not guaranteed, will fluctuate based on performance of the underlying investments, and may be worth more or less than the premiums paid.

IncentiveLife Legacy ® III, a flexible premium variable universal life insurance policy, is issued in New York and Puerto Rico by AXA Equitable Life Insurance Company (AXA Equitable), New York, NY 10104, and in all other jurisdictions by affiliate MONY Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey City,life insurance policy, is issued in New York and Puerto Rico by AXA Equitable Life Insurance Company (AXA Equitable), New York, NY 10104, and in all other jurisdictions by affiliate MONY Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey insurance policy, is issued in New York and Puerto Rico by AXA Equitable Life Insurance Company (AXA Equitable), New York, NY 10104, and in all other jurisdictions by affiliate MONY Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey City,Life Insurance Company (AXA Equitable), New York, NY 10104, and in all other jurisdictions by affiliate MONY Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey Insurance Company (AXA Equitable), New York, NY 10104, and in all other jurisdictions by affiliate MONY Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey City,Life Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey Insurance Company of America (MONY America), an Arizona Stock Corporation, with the main administrative office in Jersey City, NJ.

A variable universal life insurance policy takes the best (or worst, depending on how you look at it) of the other two policies: you can adjust the premium and death benefit amount while investing the cash value in the policy's sub-accounts.

The cash value of variable insurance isn't guaranteed if your investments underperform, and the cash value of a universal life policy is protected from risk but can be depleted if it's accessed to pay the policy premiums (explained below); neither offers dividends.

These investment options are intended to be sold to certain asset allocation portfolios and to separate accounts of Transamerica Life Insurance Company or Transamerica Financial Life Insurance Company to fund the benefits under certain individual flexible premium variable insurance Insurance Company or Transamerica Financial Life Insurance Company to fund the benefits under certain individual flexible premium variable insurance Insurance Company to fund the benefits under certain individual flexible premium variable insurance insurance policies.

Variable Universal Life insurance is a flexible premium, permanent life insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and rewLife insurance is a flexible premium, permanent life insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and rewlife insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and reward.

Minimum variable premium for Aviva Corporate Life Plus is Not Mentioned and minimum variable premium for IDBI Federal Loansurance Group Insurance Plan is Depends on age of the insured, policy term, gender and sum assured..

A variable universal policy brings many of the benefits of other universal life types, including flexible premiums, and includes an annually renewable term life element to provide permanent life insurance.

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Variable Universal Life insurance is a flexible premium, permanent life insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and rewLife insurance is a flexible premium, permanent life insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and rewlife insurance policy that allows you to have premium dollars allocated to a variety of investment options, offering varying degrees of risk and reward.

But since the costs of insurance and rate of interest the cash value may earn are both variable, universal life is usually purchased and premiums are determined by «illustrating» these variables to see how the policy will perform.

Flexible Premium Variable Life Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymeLife Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymelife insurance policy in which the policy owner may vary the amount or timing of premium insurance policy in which the policy owner may vary the amount or timing of premium payments.

For instance, for an American, there may be term insurance, permanent insurance, whole life, universal life, long term care insurance, accidental death, critical illness insurance, disability insurance, variable products, graded and modified, guaranteed premiums, living benefits, return of premium, policies for 5,10,20,30, or for life coverage — all very confusing to a potential customer.

Term life insurance can be contrasted to permanent life insurance such as whole life, universal life, and variable universal life, which guarantee coverage at fixed premiums for the lifetime of the covered individual unless the policy is allowed to lapse.

Variable Life Insurance (VL) is a permanent Life Insurance plan that provides flexible premiums and death benefits dependent on the value of the separate accounts from the company's investment portfolio underlying the policy.

When it comes to premium payments, there is another convenient option sometimes offered under Variable Life contracts - a policy with a fixed premium, which justifies the feature of flexibility attributed to Variable Life Insurance.

Variable Universal Life Insurance (VUL) is a permanent type of Life Insurance combining the essential features of Variable Life Insurance and Universal Life Insurance, thus allowing the policyholder to allocate premiums to different investment options, to build up cash value and to determine when and how much you invest in your policy.

Moreover, with a Variable Life Insurance policy you can redirect the earned interest toward the premiums thus decreasing your expenses needed to cover the cost of the policy.

For those who want the protection of a life insurance policy and don't mind paying extra for the added benefit of potentially being able to earn cash - value growth on their premium dollars, the dual nature of a variable universal life (VUL) insurance policy may be a good choice.

The cash value of variable insurance isn't guaranteed if your investments underperform, and the cash value of a universal life policy is protected from risk but can be depleted if it's accessed to pay the policy premiums (explained below); neither offers dividends.

In particular, variable universal life insurance is a popular choice for growing families, as premiums and coverage can be adjusted throughout the life of policy.

When you buy a variable universal life insurance policy, you allocate your premium payments to a separate account, which is made up of variable sub-accounts.

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How to choose between term life insurance and whole life insurance, including universal life, variable life, and return - of - premium term life insurance policies.

When you make a premium payment on a variable universal life insurance policy, a portion of that payment will cover the cost of the policy.

Does an insurance broker receive a salary?That's a dirty little secret the insurance industry does not want you to know, for fear it could kill the sale.If the public knew that general agent gets 120 percent or which I get 85 percent associated with first - year premium, that could be an eye - opener,» admits one life agent, who spoke on condition of anonymity.For example, why don't we say you purchased an entire, universal, variable life or term life policy from Ann and paid $ 1,000 in premiums the initial year.

While you will pay premiums for a longer period of time, the annual premiums will be lower and the cash value may be significantly higher later in life as it has had additional years to grow with compound interest (assuming you don't choose poor investments with a variable life insurance policy).

Like any variable life policy, variable survivorship life insurance has a cash value component in which a portion of each premium payment is set aside to be invested by the policyholder, who bears all investment risk.

For example, an insured with a variable life insurance policy may decide to reduce monthly premium payments from $ 100 to $ 50 because a major expense may have impeded cash flow for a period of time.

The cash value of variable life insurance policies can grow at a much faster rate and in certain cases can be used to pay premiums.

Variable life insurance is a type of permanent life insurance policy, meaning coverage will remain in place for your lifetime so long as premiums are paid.

Variable universal life insurance policies have the cash value structure of variable life insurance, but you can use the cash value to pay pVariable universal life insurance policies have the cash value structure of variable life insurance, but you can use the cash value to pay pvariable life insurance, but you can use the cash value to pay premiums.

A more flexible version of variable survivorship life insurance called «variable universal survivorship life insurance» allows the policyholder to adjust the policy's premiums and death benefit during the policy's life.

* For a variable life insurance policies, if you withdraw a greater amount of cash value than the total amount you've paid in premiums, you pay taxes on the difference.

As with a regular universal life insurance plan, the policyholder of a variable universal life insurance policy can make adjustments to the premium payments and / or the death benefit as needed in order to meet their ongoing changing needs.

Although variable life insurance offers this flexibility, it is essential to understand that long - term remittance of reduced premiums can compromise the cash value and the overall status of the policy.

If premium payments are made well in excess of the cost of insurance early in a variable insurance policies life, the internal returns from the investments should grow the policy value significantly over time.

Variable life insurance policies allow you to invest a portion of your premium into the insurer's separate account, providing access to professionally managed investment options.

Note: Variable universal life insurance policy values are not guaranteed, will fluctuate based on the performance of the underlying investments, and may be worth more or less than the premiums paid.

IncentiveLife Legacy ® III is a flexible premium variable universal life insurance policy designed to provide cash to your beneficiaries upon your death so that they may use it to help preserve their quality of life.

Single premium variable life insurance allows policy holders to choose from a variety of different professionally managed sub-accounts.