Sentences with phrase «structured whole life policy»

Now apart from the obvious fact that no one actually practices this, Ramsey is simply muddying the waters here because a properly structured whole life policy is not really an investment at all.

With a properly structured whole life policy that is built for max cash value accrual, it may only take a couple years before the bank is of sufficient size, but it's not an overnight process.

A properly structured whole life policy offers guaranteed cash value growth.

You don't mind paying more money per month because you can see the value of a properly structured whole life policy

With a properly structured whole life policy that is built for max cash value accrual, it may only take a couple years before the bank is of sufficient size, but it's not an overnight process.

Although the initial death benefit is lower than with the guaranteed universal life policy, overtime the death benefit of a properly structured whole life policy may far surpass what other insurance policies will offer.

A properly structured whole life policy offers guaranteed cash value growth.

You don't mind paying more money per month because you can see the value of a properly structured whole life policy

Now apart from the obvious fact that no one actually practices this, Ramsey is simply muddying the waters here because a properly structured whole life policy is not really an investment at all.

Not exact matches

Whole life insurance policies are usually structured to mature when you turn 100 years old, at which point the cash value should equal the death benefit.

Permanent life insurance policies, often called «whole life» insurance policies as a general term, are life insurance plans that are structured to last for a person's entire life.

You see, when a participating whole life insurance plan is properly structured to maximize the cash value, the cash value can become available relatively quickly depending upon the amounts deposited and the other details of the policy.

While these products are all structured differently, the term and whole life insurance policies would fall within the category of final expense insurance, as they have limited payouts that are better suited to covering end - of - life costs than income replacement.

A whole life policy that is properly structured would have given Han and Leia the option of banking as a family.

This structure of a whole life policy will allow the majority of your premium to go toward the cash value savings, while very little goes toward agent commissions and the cost of insurance.

Similar to its whole life policies, Northwestern Mutual's universal life insurance policies are fairly traditional but offer multiple payment structures:

Well, when it comes to a properly structured participating whole life policy, it definitely is in the name.

Basically, a universal life insurance policy is a plan that offers the same death benefit as a whole life plan, but with a very flexible payment structure.

A properly structured infinite banking participating whole life policy provides a few incredible guarantees, such as

With a properly structured dividend paying whole life policy designed for infinite banking you don't have to worry about market volatility.

However, New York Life offers a wider variety of structures for whole life insurance policLife offers a wider variety of structures for whole life insurance policlife insurance policies.

As we touched on above, this strategy of borrowing from a properly structured whole life insurance policy allows you to continue to accrue cash value, tax free, regardless of the amount borrowed and at reasonable market rates.

As an example, a properly structured cash value whole life insurance policy that is purchased from a mutual company, is one that has tremendous liquidity, low cost (majority of the cost is buying lifelong level insurance — not to be compared to term), no tax on the growth of the account, tax free loans, tax free withdrawals (up to basis), tax free to survivors, no contribution limits, no required withdrawals, is free from creditors, and has minimum guarantees.

However there are some situations when a competitive and well structured whole life insurance policy from an A rated carrier can make sense.

The premiums for guaranteed universal life insurance policies will be less expensive than whole life insurance, coverage amounts are flexible, and a guaranteed universal life insurance policy can be structured to provide final expense coverage up to age 90, 95, 100, and even 121 years of age.

There are many ways that you can structure your gift to the charity — including making them the beneficiary, and assigning the charity the dividends of a whole life insurance policy.

Whole life insurance or a properly structured universal life insurance policy is our recommendation for clients.

The «life» of a whole life insurance policy is typically structured to be paid until age 100 if you can live that long.

This type of policy is typically less expensive than Whole Life Insurance, and can be structured to deliver level premiums and guaranteed death benefit... for lLife Insurance, and can be structured to deliver level premiums and guaranteed death benefit... for lifelife.

If you're older than 50, a whole life policy or properly structured universal life policy would be our primary recommendation.

We can help you with whole life insurance or a properly structured universal life insurance policy.

Further, a properly structured participating whole life policy will focus more on cash accumulation than death benefit, which allows for lower premiums and fees, and quicker cash accumulation.

Other life policies, such as whole life, universal life, or variable life, are more complex because of their structure and investment features.

In contrast, universal life policies (a flexible premium whole life substitute) may be structured to pay cash values in addition to the face amount, but usually do not guarantee lifetime coverage in such cases.

Whole life insurance policies are usually structured to mature when you turn 100 years old, at which point the cash value should equal the death benefit.

Besides 10 or 20 pay whole life insurance, there are other ways to structure your policy to maximize death benefit and cash value.

Basically, a universal life insurance policy is a plan that offers the same death benefit as a whole life plan, but with a very flexible payment structure.

Because of the different options available, a whole life insurance policy can be an excellent tool for structuring your finances in retirement, as well as planning your legacy.

Permanent life insurance policies, often called «whole life» insurance policies as a general term, are life insurance plans that are structured to last for a person's entire life.

The significance of adjustable or universal life insurance is that the policy may be structured so that it functions more like whole life or more like term insurance.

I believe using the whole life to leverage investments in real estate can help you minimize the effect of interest paid to banks and by doing it right and structuring the policy to maximize the cash value it can compound pretty well over time.

As such, the death benefit is structured similarly to a traditional whole life insurance policy.

These are all examples of how the same policy can be structured in many different ways, and this is important to keep in your mind when you are looking at a whole life insurance illustration.

In the case of whole life policies, where the death benefit and cash value structure is less flexible, there's no way to take a non-taxable withdrawal from the policy, nor to just reduce the death benefit; however, it is possible to engage in a «partial surrender» of the policy, which liquidates a portion of the policy, returns a portion of the cash value, and reduces the death benefit accordingly.

A whole life policy can be structured in many different ways, including becoming paid up after a certain amount of time or using dividends to offset premium payments.

For whole life policies, by definition of the policy structure, payment of the premium is guaranteed to keep the policy in force and the cash value increasing, although the net return may still be extremely low.

In a low interest rate environment a client may be better served from a rate of return standpoint with a properly structured whole life insurance policy.

A universal life insurance policy allows a more flexible funding structure than a whole life insurance policy while still providing permanent coverage.

You see, when a participating whole life insurance plan is properly structured to maximize the cash value, the cash value can become available relatively quickly depending upon the amounts deposited and the other details of the policy.

A properly structured infinite banking participating whole life policy provides a few incredible guarantees, such as