Sentences with phrase «purchasing additional paid up insurance»

By purchasing additional paid up insurance you are growing your cash value.

The whole life policy pays dividends every year, and by purchasing additional paid up insurance, the dividend payment compounds in value and the death benefit rises more and more.

By purchasing additional paid up insurance you are growing your cash value.

Dividends can be taken in cash, used to reduce the premium due, or used to purchase additional paid up insurance.

Whole life insurance does give the policy owner the option of using dividend payments to purchase additional paid up insurance, so hypothetically a whole life policy can have an increasing death benefit over time if this dividend option is chosen.

The dividends can be used to purchase additional paid up insurance, pay premiums (not necessary with an SPL), or be taken as a payment.

Some people grow their policies by using dividend payments to purchase additional paid up insurance.

Not exact matches

However, the death benefit and cash value can continue to grow with participating policies since the dividend can be applied to purchase additional paid - up life insurance coverage.

Dividends can be used to purchase additional paid - up insurance, further increasing the death benefit and cash value growth of the policy.

You can use your whole life insurance dividends for cash, to pay premiums, earn interest with the carrier or purchase paid - up additional insurance coverage.

Accelerator Paid Up Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividePaid Up Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividendUp Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividepaid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividendup additions allow the purchase of paid up additional life insurance through additional premium payments or dividepaid up additional life insurance through additional premium payments or dividendup additional life insurance through additional premium payments or dividends.

Dividends can be used as cash, pay premiums, pay back loans, buy term insurance, or purchase additional paid - up insurance.

For maximum whole life insurance cash value growth, choosing the paid - up additions option, which purchases additional paid - up insurance, will further enhance your policy's cash value and grow your death benefit.

Flex Pay PUA Rider — Paid - up additions riders allow you to pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash valPay PUA Rider — Paid - up additions riders allow you to pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash valpay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash value.

Value Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash value.

Paid - up additions allow you to use your dividend to purchase additional paid - up life insuraPaid - up additions allow you to use your dividend to purchase additional paid - up life insurapaid - up life insurance.

The Additional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valAdditional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valuInsurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valadditional participating paid up life insurance, increasing the policy's death benefit and cash valuinsurance, increasing the policy's death benefit and cash value growth.

Dividends can be used for many different things but ideally you want to use the dividends to purchase additional paid up life insurance.

You can include a paid - up additions rider in your policy, which allows you to make purchases of paid - up additional insurance with no proof of insurability, increasing the cash value and death benefit proportionately.

Participating policyholders will have the option of purchasing paid up additional insurance, cash out, leave with the company to earn interest, or pay premiums for a period of time.

Alternatively, using dividends to purchase additional paid - up life insurance allows you to grow your cash value and death benefit in a tax favored environment under IRC 7702.

Paid - up additions can be defined as additional insurance that is paid in full at the time of purchase, minus a deducted amount the insurance company charges as a load fee against paid - up additiPaid - up additions can be defined as additional insurance that is paid in full at the time of purchase, minus a deducted amount the insurance company charges as a load fee against paid - up additipaid in full at the time of purchase, minus a deducted amount the insurance company charges as a load fee against paid - up additipaid - up additions.

Dividends are a great addition and can be used for purchasing paid - up additional insurance, taking the cash, paying premiums for a period of time and leaving with the carrier to earn taxable interest.

Additional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cAdditional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cash vaPaid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cash valuUp Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and caInsurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cadditional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cash vapaid - up» life insurance, increasing your death benefit and cash valuup» life insurance, increasing your death benefit and cainsurance, increasing your death benefit and cash value.

Participating whole life pays dividends, which can be used to purchase additional paid - up insurance, take out the cash, leave with the carrier to earn taxable interest, or pay premiums for a period of time.

Should you die while the policy is in force, your beneficiaries will receive not only your the initial face value as a death benefit, but also it's common for dividends to buy additional insurance by way of what are called «paid up additions», so the death benefit could actually be higher than the face value at the purchase of the policy.

Dividends can be used to acquire interest, purchase additional paid - up insurance, pay premiums, and as cash to use however you like.

Accelerator Paid Up Additions Rider allows the insured to purchase paid up additional insurance with a guaranteed cash vaPaid Up Additions Rider allows the insured to purchase paid up additional insurance with a guaranteed cash valuUp Additions Rider allows the insured to purchase paid up additional insurance with a guaranteed cash vapaid up additional insurance with a guaranteed cash valuup additional insurance with a guaranteed cash value.

Paid - Up Additions Amounts of life insurance purchased either by policy dividends or by additional premium, and added to the original life insurance policy to increase the death benefit and cash values.

Dividend (Paid Up) Additions A life insurance policy dividend option whereby dividends are used to purchase additional, fully paid - up life insurance within a polPaid Up) Additions A life insurance policy dividend option whereby dividends are used to purchase additional, fully paid - up life insurance within a policUp) Additions A life insurance policy dividend option whereby dividends are used to purchase additional, fully paid - up life insurance within a polpaid - up life insurance within a policup life insurance within a policy.

OPP premiums are used to purchase additional, paid - up life insurance that has cash value and loan value, and is eligible for dividends.

Dividends can be taken in cash, used to reduce the premium, left to accumulate at interest, or used to purchase paid - up additional insurance.

This cash can be used to purchase additional life insurance (paid - up additions) that increases both the total death benefit and cash value of your life insurance policy.

Whole life insurance combines a level premium with guaranteed cash values which the policy owner may use to meet a variety of financial goals.3 Whole life insurance policies may also produce excess credits, which may be used to purchase additional paid - up life insurance, potentially increasing the available death benefit.

Paid - Up Additional Insurance Paid - up additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of the insureUp Additional Insurance Paid - up additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thAdditional Insurance Paid - up additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of theInsurance Paid - up additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of the insureup additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thadditional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of theinsurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thadditional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thadditional insurance within the same plan having the amount determine through the attained age of theinsurance within the same plan having the amount determine through the attained age of the insured.

Dividends can be used to purchase additional paid - up insurance, used to reduce premiums or received in cash.

Paid Up Additions (PUA) DEFINITION: paid up additional life insurance purchased with additional premiums or dividends, over and above required premiums, that will immediately contribute to your death benefit as well as the cash value of the policy, dollar for dollar, minus any applicable Paid Up Additions (PUA) DEFINITION: paid up additional life insurance purchased with additional premiums or dividends, over and above required premiums, that will immediately contribute to your death benefit as well as the cash value of the policy, dollar for dollar, minus any applicable feUp Additions (PUA) DEFINITION: paid up additional life insurance purchased with additional premiums or dividends, over and above required premiums, that will immediately contribute to your death benefit as well as the cash value of the policy, dollar for dollar, minus any applicable paid up additional life insurance purchased with additional premiums or dividends, over and above required premiums, that will immediately contribute to your death benefit as well as the cash value of the policy, dollar for dollar, minus any applicable feup additional life insurance purchased with additional premiums or dividends, over and above required premiums, that will immediately contribute to your death benefit as well as the cash value of the policy, dollar for dollar, minus any applicable fee.

One of the easiest ways to gain more paid up life insurance is by using your dividends to purchase more paid up additional insurance.

Paid Up Additions are additional life insurance purchased through life insurance policy dividends.

A level paid up additions rider allows a «set» amount to be used each and every year to purchase additional whole life insurance.

Dividends are either paid in cash, used to purchase paid up additional insurance, or left with the insurer to accumulate at interest (which causes a taxable event).

The huge advantage of 10 Pay Whole Life is that you no longer have to make premium payments but your cash value and death benefit can continue to grow if you elect to use your dividends to purchase more paid up additional life insurance.

Paid up additions: paid up additions allow the owner to purchase additional paid up life insurance, as well as allow dividends to purchase additional paid up life insuraPaid up additions: paid up additions allow the owner to purchase additional paid up life insurance, as well as allow dividends to purchase additional paid up life insurapaid up additions allow the owner to purchase additional paid up life insurance, as well as allow dividends to purchase additional paid up life insurapaid up life insurance, as well as allow dividends to purchase additional paid up life insurapaid up life insurance.

With paid up additions, you purchase additional paid up life insurance.

This option makes the most sense after premium payments are no longer due for a life insurance policy and there is no need to increase the death benefit through the purchase of additional paid up coverage.

For maximum whole life insurance cash value growth, choosing the paid - up additions option, which purchases additional paid - up insurance, will further enhance your policy's cash value and grow your death benefit.

I purchased a hell of a lot of low - cost paid - up additional insurance, in addition to the term insurance, through a special rider offered by the insurance company, which helps grow cash values quickly.

Flexible Paid Up Rider: paid up additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividePaid Up Rider: paid up additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividendUp Rider: paid up additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividepaid up additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividendup additions allow the purchase of paid up additional whole life insurance through additional premium payments or dividepaid up additional whole life insurance through additional premium payments or dividendup additional whole life insurance through additional premium payments or dividends.

Finally, the dividend payment can be directed towards the purchase of additional paid up whole life insurance.

Permanent Life Insurance has the cash buildup to provide the ability to purchase additional coverage, known as paid up additions.