Sentences with phrase «unscheduled premium»
Since FPDAs accept multiple and unscheduled premium contributions, the interest rate for each premium will be determined and guaranteed at the time of payment.
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Since FPDAs accept multiple and unscheduled premium contributions, the interest rate for each premium will be determined and guaranteed at the time of payment.
Not exact matches
In addition, if cash value accumulation is a high priority for you, you can increase your regular premium payments or make additional unscheduled payments into your policy.5 Paying additional premiums provides you with the opportunity for greater cash value accumulation — which can then be used3 if needed in the future.
As long as sufficient premium payments are made on a timely basis (exactly as illustrated), no unscheduled loans or partial withdrawals are taken, no increase in face amount or changes in death benefit options are made, and policy loan value does not exceed the policy's cash surrender value, the insurance coverage will remain in effect.