Sentences with phrase «premiums over the life of the contract»

Not exact matches

It gives you your core BlackBerry functions - that premium email service that BlackBerry users know and love - but you can't help feeling that over the life of your next BlackBerry contract, the Storm 2 and the BlackBerry OS is going to age quite fast.

The main benefits of using option B are that this option enables cash value to grow more rapidly over the contract's life and that the IRS allows higher levels of excess premium contributions under option B.

The premiums - called advanced feed - in tariffs - are what the government guarantees to pay over the life a 20 - year contract with sellers of electricity produced from the sun, wind, water and biomass, regardless of project size.

The defining feature of this form of term life insurance is that the premiums paid over the life of the policy are paid back to policyholders at the end of their contracts if they are still alive.

Over time, less premium will be paid into a whole life contract when compared to an annual renewable term life insurance policy because the whole life insurance uses premium plus investment interest to hold down the cost of insurance and the annual renewable term does not.

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.

Whole life insurance provides a set amount of death benefit protection, as well as a premium that will not increase over time — even as the insured ages, or if they contract an adverse health issue.