Sentences with phrase «there is cash»

Because there is no cash value and no cover for the whole life of the insured, then the cost or premiums are much lower.

These plans also have a cash value often called «Living Benefit» which essentially means that the premiums paid are not a dead cost and that there is a cash pot available at the disposal of the insured essentially also covering the risk of living too long!!

Unlike other permanent policies that terminate if there is no cash value, guaranteed universal life depends on a specified premium being paid as contracted for the coverage to remain in force, regardless of zero cash values.

Additionally, there is a cash value associated with the policy after you have been paying into the plan for several years.

With a GUL policy, there is no cash accumulation, which equates to no management fees or fine print.

If there is no cash value left and prices have begun to rise, take heart in the fact that while you lost the war, you're still alive and there are ways to fight on to protect your family.

There is no cash buildup in the policy.

There is no cash value build up within the policy — you pay only for the life insurance protection.

But there is a cash value component associated with a permanent life insurance that increases over time.

This is a safety feature in the policy because most people don; t consciously stop paying their life insurance premiums, especially when there is cash value in the life insurance policy.

In gambling, there is no cash value.

Most of the time, however, there is no cash value whatsoever.

In this kind of policy, there is no cash value of the policy for the insured.

If there is cash value in the policy, surrender charges will be deducted from the cash value and you will get the remaining balance.

There is no cash value build up within the policy, it is pure protection..

If you know that it is a Term policy, then there is no cash value.

You can get a loan only from a whole life (CWL), Universal Life (VUL, etc) only if there is a cash value available.

Furthermore, there is a cash value component to the policy that builds over time with no concerns over tax.

If it is Term Insurance, there is no cash value.

There is cash value attached to whole life insurance after a certain number of years, which the owner can avail of in times of need.

The cash value will pay the premiums for only so long before there is no cash left.

There is no cash value inside the life insurance policy.

There is no cash value that builds up within the policy.

Another advantage of the Survivorship life insurance policy, besides leaving money to heirs after both spouses die, is that when one spouse has died, if there is cash value built up in the Survivorship Life Policy, then the surviving spouse may be able to cash in on the cash value of the policy as needed.

Of the two types we have here today, term life is the cheaper option because it isn't permanent and because there is no cash value.

When a term life insurance policy is canceled, there is no cash value built up and no return of premium.

There is no cash value in this kind of set - up and the death benefits are given upon the death of the insured.

There is no cash value that builds within the policy.

There is no cash value because the cost of insurance is too high.

Term life is «pure» death insurance, meaning there is no cash value accumulation.

Insurance policy customers need to understand that choosing a term life plan to save money means that there is no cash value associated with the plan at all.

There is no cash value that builds up inside the term life policy it is «Pure Protection» with no investment feature.

How they differ is that there is cash value or a savings component to them.

Term insurance offers by far the lowest cost coverage because it is temporary insurance and it is pure protection, meaning there is no cash value inside the policy, it is life insurance only.

That there is a cash value accumulation and a dividend is not incidental... even though it is not guaranteed.

Aside from the guaranteed payout that your beneficiaries receive (assuming all payments are continually made), another benefit to the set - up of the whole life insurance policy is that there is a cash value account that gains interest as you make payments to your policy.

Since there is no cash value, it's not possible to cash in a term policy or take out a loan against it.

This means that there is no cash value or saving option included.

There is no cash value.

There is no cash value just basic insurance.

When structured so that there is no cash accumulation, this is most often the best priced type of coverage you can buy.

Although there is no cash value or investment component associated with term life insurance, the death benefit proceeds from these plans can be used just like any other types of life insurance.

Here, there is no cash value build - up or savings component included.

If you have a permanent type of policy such as whole life or universal life there may be some cash value to recover.If it is a term insurance policy there is no cash value so there is nothing to «cash out»..

Your 10 year life insurance policy has a level premium for 10 years... there is no cash value.

There is no cash value or investment component that is included with this type of coverage — and because of that, term life insurance is typically the most economical form of life insurance that there is.

There is no cash value that builds up inside the policy, so you get the maximum life insurance protection for the lowest cost.

This way, there is no cash value to claim during the application process.

Because unlike cash value life insurance, there is no cash accumulation to term life insurance.

With a term policy, there is only death benefit protection that is offered — and there is no cash value built up within the plan.