Sentences with phrase «total scheduled premium»
These two elements vary over the life of the insured, but the total scheduled premium payment remains the same for the life of the traditional whole life policy.
https://www.dfs.ny.gov/ Not exact matches
In addition to the interest rate, the APR factors in other finance charges such as, certain loan fees, and mortgage insurance premiums, if applicable, to show the total cost of financing over the scheduled life of the loan.
A note of caution: if you miss a scheduled premium or pay less than the total premium due, you may lose the guaranteed death benefit.
Total premiums are calculated without the premium refund (non-guarantee) as well as with the premium refund option based on the 2008 schedule.
Life insurance with cash value is designed to grow in total value at a guaranteed rate of return (provided that you make your premium payments on schedule).
your scheduled premium will never go up for the entire 30 years... HOWEVER, upon reading the detailed info I received today, the «scheduled» monthly premiums are the same for all 30 years, but the «Maximum Monthly Premiums» start going up in year 21 — in year 21, they rates jump by a total of $ 500 apremiums are the same for all 30 years, but the «Maximum Monthly Premiums» start going up in year 21 — in year 21, they rates jump by a total of $ 500 aPremiums» start going up in year 21 — in year 21, they rates jump by a total of $ 500 a month!!
f insured is struck by total and permanent disablement due to an accident or illness, he or she may get future premiums payable waived off, additional monthly income of 1 % of Guaranteed Sum Aassured till the end of premium payment term, income benefits as per schedule and maturity benefits on maturity.
and a schedule of benefits showing your premium totals over the life of the policy.
A note of caution: if you miss a scheduled premium or pay less than the total premium due, you may lose the guaranteed death benefit.