Sentences with phrase «universal policy features»

This universal policy features a guaranteed death benefit and can be used toward key man business life insurance.

Universal policies feature a cash value account, which serves to supplement your premium payments to keep policies in force in later years.

Not exact matches

This study from the Century Foundation is a two - part study, including «background on how universal pre-K programs fit into the national landscape of early childhood policy, outlines the main features of New York City's current UPK expansion efforts, and draws lessons for other cities and states interested in expanding their programs,» and «an in - depth look at the issue of preschool classroom diversity in UPK, highlighting the opportunities and obstacles for integration embedded in current policies and recommending policy changes to address this issue in New York City and beyond.»

Additional features: · Powered by Android ™ 2.3 Gingerbread · Mirror mode allows you to view and share photos, videos and movies on a larger TV via HDMI output (requires HDMI cable) · Global ready, allowing customers to enjoy wireless voice and data service in more than 200 countries, including more than 125 with 3G speeds · Enterprise ready with advanced security policies, device and SD card encryption, complex password support, remote data wipe of device and SD card; document and presentation viewing and editing with Quickoffice ® · Citrix ® GoToMeeting ® for Android, gives users the ability to attend online meetings while on - the - go, and Citrix Receiver ® for Android, a universal software client that allows companies to deliver corporate apps, desktops and data to any corporate - or employee - owned device · ESP smart dock technology for a tailored experience based on whether DROID 3 is docked in home, office or car settings · Adobe ® Flash ® Player 10 · Front - facing camera for still shots and video chat · Video playback in 1080p HD in mirror mode

Variable Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium universal life policies, such as flexible allocation of premium payments.

The flexibility of a universal life policy — specifically your ability to change payment dates and premium and coverage levels — is a valuable feature, but it's also dependent on your policy having enough cash surrender value to cover the monthly policy charges.

An attractive feature of Indexed Universal Life policies is a floor rate, which represents the minimum an index - linked subaccount can earn (or the maximum it can lose) in any one period.

At first look, term and universal life policies are the only plans available from Banner Life, but what they lack in variety, they make up for by providing term and universal policies with features unlike any others.

Although whole and universal life policies have their own unique features and benefits, they both focus on providing your loved ones with the money they'll need when you die.

Variable Universal Life is that Variable Universal Life allows you to accumulate policy cash value through an investment feature called an underlying investment option.

While this can be done with term life insurance policies, this feature is, along with the premium flexibility, one of the main selling points of a universal policy.

This feature is so popular that you will often hear these policies called cash value life insurance instead of permanent life insurance, whole life, or indexed universal life.

Universal means you can easily tinker with the main features without having to alter the policy in writing (e.g., face value, premiums, bells and whistles, etc.).

Variable Universal combines the best features of a universal and a variablUniversal combines the best features of a universal and a variabluniversal and a variable policy.

A universal life insurance policy has the following features:

More on NBC Universal's green policies: NBC Universal's Green Week on TV Enviro Themes Will Be Scripted Into NBC U Storylines Away We Go Green: Focus Features Production Embraces More Sustainable Filmmaking Universal Studios Hollywood Gets a Little Bit Greener Sitcom»30 Rock» To Go Green Floating «Almighty» as NBC Universal Gets On Board Green

One common feature you find with both the Term and Universal Life insurance policies is that you can get the policies for different terms of time such as anywhere from 5, 15, or 25 years for example.

As you can see, these features create what could be considered a hybrid between a universal policy and a term life policy.

• Policy Conversion: This feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the guaranteed level premium, up to aPolicy Conversion: This feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the guaranteed level premium, up to apolicy to a Universal policy at anytime during the period of the guaranteed level premium, up to apolicy at anytime during the period of the guaranteed level premium, up to age 70.

Most companies offer their UL policies with an optional «No Lapse Guarantee» feature, which essentially cancels out the «adjustable» features of a universal life policy and the need for cash value to sustain the policy.

With a Universal Life policy with Secondary Guarantees, the death benefit is guaranteed for life and you have the flexibility of adjusting your premiums, a valuable feature since estate tax rates and exclusion amounts keep changing from year to year.

The nice feature about Universal Life insurance is that it provides flexibility to the policy owner in regards to the timing and amount of premium payments.

While Protective Life doesn't offer a true term life policy, their Custom Choice Universal does have many term - like features.

Variable Universal Life Insurance (VUL) is a permanent type of Life Insurance combining the essential features of Variable Life Insurance and Universal Life Insurance, thus allowing the policyholder to allocate premiums to different investment options, to build up cash value and to determine when and how much you invest in your policy.

Additionally, most annual renewable term policies offer a conversion feature that allows you to exchange a term policy for a whole life or universal life policy without proof of health.

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

Although whole and universal life policies have their own unique features and benefits, they both focus on providing your loved ones with the money they'll need when you die.

Learning about some of the key features and options of a universal life insurance policy will help you decide whether this is the right coverage for your situation.

So, if a policyholder had purchased a Colony Term universal life 10 policy, and then they decided five years after purchasing it that they wanted to have coverage for the remainder of their lifetime, then the coverage extension feature would have allowed the insured to extend the death benefit protection guarantee to either age 90, age 100, or 105 — and, this could occur without the need for the insured to provide evidence of insurability.

Indexed universal life insurance is a traditional universal life insurance policy with an indexed feature.

Universal life policies continue to be popular because many offer a guaranteed death benefit coupled with an investment feature, says LIMRA spokeswoman Catherine Theroux, the latter feature which has helped to drive product sales in the past few years.

Most versions of universal life insurance do not feature a, «no lapse,» policy clause.

Permanent life insurance plans, such as whole life and universal life, may have policy features like financed premiums or loans against the policy that will need to be factored in before paying the beneficiary.

Much like Indexed Universal Life Insurance with similar options and features, Variable Universal Life attaches the cash value account inside the policy actual investment funds that trade largely in equities and bonds.

A permanent life insurance policy like a universal policy has a cash value accumulation feature which can be taken out as a loan down the road.

Whether you opt for the most basic life insurance policy such as term or desire a permanent life insurance policy that has a cash value accumulation feature such as whole life or indexed universal life insurance, you want to buy a policy when you are young.

A permanent or universal policy will continue for the rest of your life and offers an accumulation feature which means that it generates cash as it grows.

A universal life insurance policy has two main features that set it apart from whole life insurance.

In many ways, an indexed universal life insurance policy features a lot of the same coverage policies, benefits and actionable options available in a standard whole life insurance policy.

Most policies also have a conversion feature which allows you to convert your term policy to a permanent policy such as Whole Life, Universal Life or Indexed Universal Life for example.

This is the ONLY universal life policy I've ever seen that offers any sort of return of premium feature.

Many of the features and options inside an Indexed Universal Life Insurance policy mimics a Traditional Universal Life Insurance with the biggest difference being that gains are usually larger.

A whole life or universal life policy is different because not only do they pay out death benefits but they both also have a cash value accumulation feature which is a form of savings plan.page 2......

Those with more complex estates or who want a guaranteed savings plan can take advantage of the cash accumulation feature offered by permanent policies such as through Indexed Universal Life, Universal Life or Whole Life.

The Universal Life policy offers the cash value associated with a whole life policy with additional riders and features that can greatly enhance any retirement portfolio.

The main difference between term life and permanent insurance is that a whole life or universal life insurance policy not only pays death benefits but also has a cash value accumulation feature which grows over time.

While the basic policy features are near identical to above, there are some differences from the standard universal.

Conversion Benefit — This feature allows the policy owner to «convert» a term life policy into an approved permanent life policy from the same company, usually a universal life policy.

Cash values, more properly called cash surrender values (CSV), are features of permanent life insurance products that include whole life, universal life, variable life and universal - variable life policies.

The cash value accumulation feature in a universal life insurance policy offers several choices: