Sentences with phrase «significant amount of cash value»

If the policy had been in effect for many years, and if the investments went well, then the policy could accumulate a significant amount of cash value.

Lastly, comprehensive auto insurance makes the most sense for vehicles with a significant amount of cash value.

Not exact matches

It can take a significant amount of time for the cash value of a whole life insurance policy to accumulate in value.

It is important to note that policies that are less than five years old will rarely carry a significant amount of underlying cash value.

Due to the single premium payment the policy will have an immediate cash value and loan value which could be significant depending on the amount of the single premium payment.

However, when you consider the significant amount of cash in your cash value account along with the interest that has been credited, your total cash value has grown to $ 750,000, the policy is really only insuring $ 250,000.

With whole life, an insured has both life insurance and a cash value component where they can build up a significant amount of savings over time.

If the cash value is what is shielded from lawsuit garnishing, then to be significant in planning there would have to be large amounts of cash value stuffed away in the policy.