Sentences with phrase «to accumulate that amount»

The phrase "to accumulate that amount" means to gather or collect a certain quantity of something over a period of time. Full definition
An ever accumulating amount of research is finding that what every religion and moral teaching has said about forgiveness is true.
Another option that the policyholder has is to invest the entire accumulated amount in another deferred annuity plan but where the premium payment should be done in one lump sum.
There is no guarantee that your income goal will be achieved or that the aggregate accumulated amount will ensure a specified annual retirement income.
But having the facts, such as knowing the effective rate of return required when investing excess premiums (above the level term premiums) to accumulate an amount equal to100 % of the premiums for the ROP option, is critical to determining which policy is best.
Mr Sundaram has to accumulate this amount for his Kid's education.
If the option of withdrawal which is also called commutation is not exercised, the customer can also choose to receive annuity from the entire accumulated amount.
You would have never guessed but a person with even a meagre salary of Rs 25,000 can easily accumulate an amount of Rs 1.65 crores in her / his PF account over the years (assuming that s / he starts savings at the age of 25 years and retires at the age of 60 years and gets a salary hike by 10 % every year).
One major advantage whole life has is that, while premiums for both products are much higher than a standard term policy, whole life provides protection for your entire life and potential dividends from these polices can build you cash value quickly and accumulate amounts greater than the face value.
Apart from paying the sum assured (or accumulated amount minus outstanding premiums, whichever is higher) to the beneficiary in case of the policyholder's demise, endowment plans also pay a lump sum maturity amount (adjusted after considering company performance and premium defaults) if the policyholder survives the policy tenure.
Now if you are a salaried person with a fixed income then it will take a quite time to accumulate that amount of money with a solid discipline of savings.
Once I accumulate the amount in my investment that I have left to pay on my home, I'll simply pay it off.
Indeed, the burden of debt, the accumulated amount of borrowing made by governments down the years, is rising relentlessly.
The Fund had accumulated an amount of GHS206.50 million when the NPP Government took over in January 2017.
Even though you accumulated some amount of fat, you would still be somewhat leaner than before.
Monthly membership is at an affordable price which is credited as a Romance Tour Credit that can be availed when the accumulated amount equals to any tour you like.
You can receive 1/3 of the accumulated amount as tax free & buy annuity with the the balance 2/3 of the amount.
However, with some discipline and time, first - time home buyers are able to accumulate the amount they need to purchase their very first home.
You donate money into the annuity, which is like an investment fund, and then you eventually get returns - either an accumulated amount, a set monthly payment, or some combination.
This means that, if the issuer can't pay your interest payment on the scheduled date, they will pay you an accumulated amount including interest on the next scheduled payment date.
For example, breeding healthier bulldogs takes generations because of the accumulated amount of issue there are to fix.
However, if she puts it off even for the next 5 years and increase the investment amount after 5 years, she would be able to accumulate an amount of approximately Rs 1.93 crores.
A simple tool that helps you know, how much you need to invest today, to accumulate the amount you need to realize your dreams tomorrow!
Accumulated Amount The accumulated amount refers to the value of life insurance policy or annuity based on your investment and how it has performed.
Also, if someone passes away during their stay in the US, the loved ones should get an accumulated amount to take care of funeral, medical and other essential expenses.
If the insured dies during this period, the insurance companies provide an accumulated amount to the beneficiaries who can utilize the same to pay for funeral - related expenses and pending mortgage or other debts.
These are the insurance plans that protect the visitors during their trip to the US and help with an accumulated amount in the event of a tragedy.
One of these reasons is that dividends on whole life insurance policies are only paid out the accumulated amount that you have in your cash account, not the total amount of premiums paid out.
The cash value of your policy is the accumulated amount of money that Gerber Life sets aside each time you pay your premium.
They can transfer or switch the accumulated amount among any of the 6 to 8 funds available.
The insurance company then invests the accumulated amount in the capital market i.e. in bonds, equities, debts, market funds, or a hybrid funds...
This accumulated amount can serve as a cash reserve, and can be used to pay insurance premiums if your disposable income is no longer sufficient to pay those premiums.
Considering the present age of your child is 1 year and you want to accumulate the amount, so he / she can go for an engineering course at 20 years of age.
After paying into a policy for many years, the accumulated amount is typically enough to cover the cost and fees of the policy.
Accumulated value is also referred to as accumulated amount or cash value.
This accumulated amount is handed over to the insurance company and the insurance company invests this amount on behalf of the annuitant and starts making regular annuity payments to the annuitant.
Answer: When your policy matures you will receive the accumulated amount.
In case an individual dies before the policy period is over, the beneficiaries are the heirs who receive the accumulated amount of the annuity.
• Experience in producing the bill to the customer and accumulate the amount and handover the collected amount.
If I needed a couple of million saved up to be a lender, and I knew when I needed that money, then I could work backwards and see how many deals I needed to do per year to accumulate that amount of wealth in that amount of time.
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