Sentences with phrase «than the interest rate guaranteed»

The vast majority of traditional universal life insurance policies do not earn more than the interest rate guaranteed by the insurance company.

Not exact matches

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In return for that time guarantee, the bank pays you a higher rate of interest than a typical savings account.

Insurers like structured VAs because these hybrid products require less capital to support than traditional VAs that come with lifetime income guarantees, which some insurance companies have found difficult to honor with interest rates still historically low.

«In our opinion, the only thing that is guaranteed with a bond that has a lower interest rate than the rate of inflation is impoverishment.

With interest rates currently ticking up on mortgages, there is no guarantee that a HELOC will provide a better interest rate than a student loan.

The tactic was credited with boosting the confidence of consumers and businesses to borrow and spend, knowing that interest rates were guaranteed to stay low for more than a year.

There is no guarantee that the company will declare an interest rate greater than the guaranteed minimum effective interest rate.

There is no guarantee that the index interest rate will be greater than zero percent.

Indexed annuities are designed specifically to create the possibility of higher interest earnings than traditional fixed rate products and to protect premium (sometimes called principal) from loss due to market downturns, all the while creating a reliable, guaranteed lifetime income.

Thinking that you have a deferred guaranteed annual income stream is decieving as the issuer can call the bonds and will discount the bond at a much higher rate than the coupon interest rate.

Such loans carry guarantees for lenders against default by the federal government, along with lower interest rates than for conventional mortgages and low (or no) down payment requirements.

First, the guaranteed interest rate will likely be lower than that of a comparable MYGA.

Bank or Post office Time Deposits may offer you guaranteed and fixed income, but do note that the interest rates on these deposits can be lower than all the above options and also the interest income is taxable.

Because Stafford loans are guaranteed by the full faith of the United States government, they are offered at lower interest rates than you would be able to obtain through a private lender.

The initial interest rate credited to the 3 — and 5 — year extended guaranteed periods will be lower than that credited to a contract with a 1 - year interest rate guaranteed period.

Paying off student loans early provides a GUARANTEED rate of return, because you are definitely going to be paying less interest than if you went with just minimum payments.

Rather than paying a fixed interest rate, these offer you a range of returns: if the stock market performs well you get some of that upside, and even if the market goes down your principal is guaranteed.

Still, in today's low interest rate environment with banks and government offering little more than 1 % return on guaranteed investments, 4 % is nothing to sneeze at.

The new rate may be higher or lower than the interest rate of the initial rate guarantee period.

Although it is up to you to decide what is the best thing to do, the pros of prepayment outweigh the cons as you will end up being debt free faster and there are no other risk free financial instruments that offer guaranteed returns that are higher than the rate of interest you will pay on your home loan.

Interest rates on reverse mortgage loans are typically lower than other mortgages as the loans are guaranteed by the home equity in the property.

What is the benefit of the Interest Plus + annuity over other guaranteed fixed rate annuities?The Interest Plus + annuity is designed for the consumer who desires a higher - than - average rate of return, but with the ability to access funds for any reason or amount — without incurring an excessive surrender charge.

Since the insurer guarantees a lower interest rate and offers a range of premiums, universal life insurance policies are typically less expensive than whole life insurance policies.

For corporations the story is similar except that companies typically pay a higher interest rate than the highest rated governments because companies can not offer the same guarantee of repayment.

For the remaining years of an extended guaranteed period, the interest rate credited will remain fixed and may be higher or lower than that credited to contracts where an extended guaranteed period was not selected.

For loans of more than $ 144,000 made for the purchase or construction of a home or to purchase a residential unit in a condominium or to refinance an existing VA guaranteed loan for interest rate reduction, the maximum guaranty is 25 percent up to $ 50,750.

Since the VA guarantees a portion of every VA loan, financial institutions can offer lower interest rates to VA borrowers that are typically 0.5 to 1 percent lower than conventional interest rates.

Even after the deduction (4 % interest rate) I'd rather take the guaranteed payoff than the unknown of what my money might do in the market.

The principal of a GIC is guaranteed — as well as the promised interest payments — and the GIC rates are generally higher than a high - interest savings account.

But with the FHA guarantee, they are willing to lend, at low interest rates to less - than - perfect homebuyers with 3.5 percent down.

Fixed indexed annuities can offset those shortcomings: In addition to earnings that grow on a tax - deferred basis, they guarantee a set interest rate and provide exposure to stock market returns, which tend to be higher than bond market returns, according to Ibbotson's white paper.

Their primary use is to hold cash until it is needed for another purpose, and they typically pay fairly low rates of interest, although their yields are usually slightly higher than other types of guaranteed savings accounts.

Your interest rate could be fixed or variable and is typically higher than with federally guaranteed education loans but lower than with other debts like credit card debt.

1) The debt must be paid back in 10 yrs 2) The debt must bear an interest rate charge that is not less than the government's prescribed amount at the time it is taken out 3) Interest on the debt must be paid not longer than 60 days after the end of the each year 4) There can be no covenant, guarantee, or indeminity to forgive the debt (i.e. — the debtee must have the full legal right to come after the debtor if the debtor dinterest rate charge that is not less than the government's prescribed amount at the time it is taken out 3) Interest on the debt must be paid not longer than 60 days after the end of the each year 4) There can be no covenant, guarantee, or indeminity to forgive the debt (i.e. — the debtee must have the full legal right to come after the debtor if the debtor dInterest on the debt must be paid not longer than 60 days after the end of the each year 4) There can be no covenant, guarantee, or indeminity to forgive the debt (i.e. — the debtee must have the full legal right to come after the debtor if the debtor defaults)

With interest rates currently ticking up on mortgages, there is no guarantee that a HELOC will provide a better interest rate than a student loan.

The interest rate on a CD is higher than on a savings account because the investor, in exchange for receiving a guaranteed rate of return, commits to a specified period of time (the «term») during which he will not withdraw his investment.

Voya IUL offers death benefit protection and market index cash accumulation at a guaranteed interest rate, providing higher growth potential than tradition universal life plans.

There is no guarantee that the Company will declare an interest rate greater than the guaranteed minimum effective interest rate.

There is no guarantee that the index interest rate will be greater than zero percent.

However, longer - dated U.S. Treasuries (guaranteed by the federal government as to the timely payment of principal and interest) tend to be more rate - sensitive than other types of bonds.

There is no guarantee that the company will declare an interest rate greater than the guaranteed minimum effective interest rate.

Pools created by such nongovernmental issuers generally offer a higher rate of interest than government and government - related pools because there are no direct or indirect government or agency guarantees of payments in the former pools.

Guaranteed interest rates are usually considerably lower than current rates.

Your money earns a renewal rate of interest guaranteed to never be less than the minimum rate established in the year of issue.

The insurance company adds up the number of term premiums that will be required on the policy in total, divides by the number of years for which a level premium is guaranteed, discounts for the time value of the money using the interest rates available at the time, and charges the resulting level premiums rather than the actual yearly renewable term rate.

With an alternative loan from any of these companies, you can secure a fixed rate loan, often at a much lower interest rate than your traditional credit card would offer, and guarantee that your payment will remain the same each month.

Death benefit amounts of whole life policies can also be increased through accumulation and / or reinvestment of policy dividends, though these dividends are not guaranteed and may be higher or lower than earnings at existing interest rates over time.

After the initial guaranteed interest rate period, the policy will receive a renewal interest rate that is guaranteed for one year which will never be less than your GMIR as stated in your policy.

By electing IOR, your initial guaranteed interest rate will be less than if you had not elected it.