Sentences with phrase «self banking purposes»
This simple premise accounts for much of the confusion, even among life insurance professionals, concerning how soon a policy can be utilized for self banking purposes.
https://www.insuranceandestates.com/ Not exact matches
In a nutshell, while most whole life insurance is fixated on maximizing the death benefit of a policy and just allowing cash values to grow over time, strategic self banking focuses on maximizing life insurance cash values, so the whole life insurance plan can be used strategically as a savings and personal financing vehicle for the purpose of recapturing your cost of capital incurred when having to deal with third party lenders or using your own cash.
I am thinking about moving the plan to a self - directed plan at TD (where we are already «private clients» for banking purposes) and look at a combination of «cash» (MMF or high - interest savings), a GIC «ladder» and the rest in e-series funds (say, 1/3 -1 / 3-1/3 CDN, US, INT)
2 Shanghai Gold Exchange (SGE) is a non-profit self - regulatory organization, approved by the State Council, organized by the People's Bank of China, and registered with the State Administration for Industry & Commerce, for the purpose of trading gold, silver, platinum and other precious metals.