Sentences with phrase «up life insurance purchases»

With paid up additions you can design your policy to allow additional paid up life insurance purchases.

The yearly difference between the gross premium of $ 2,001 and the yearly guaranteed cash value increase and the yearly increase of the nonguaranteed cash value of the additional paid - up life insurance purchased by the yearly declared paid dividend.

The cumulative total amount of reserve (i.e., the guaranteed cash value), including the nonguaranteed cash value of the additional paid - up life insurance purchased each year, starting at the beginning of year two, with the yearly declared paid dividend.

Not exact matches

France's AXA says it will spend $ 15.3 billion on buying New York - listed insurer XL Group and speed up its plans to spin off its American life insurance business — the IPO would give it $ 6 billion to help fund the XL purchase, with the rest coming in the form of cash and debt issuance.

Similarly, if you have a participating whole life insurance policy from a mutual insurer, you can also use any dividends you receive to purchase paid - up additions.

And you can purchase term life insurance coverage for a term of up to 35 years.

The North American Company for Life and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest raLife and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the loweInsurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest ralife insurance coverage that you can purchase up to age 85, and consistently has some of the loweinsurance coverage that you can purchase up to age 85, and consistently has some of the lowest rates.

You can purchase a whole life insurance policy up to age 70 for $ 50,000 death benefit.

However, the death benefit and cash value can continue to grow with participating policies since the dividend can be applied to purchase additional paid - up life insurance coverage.

Gerber Life's Grow - Up Plan is a whole life insurance policy that you can purchase on your kids, or your grandchild, if they're between the ages of 14 days and 14 years Life's Grow - Up Plan is a whole life insurance policy that you can purchase on your kids, or your grandchild, if they're between the ages of 14 days and 14 years life insurance policy that you can purchase on your kids, or your grandchild, if they're between the ages of 14 days and 14 years old.

Similarly, if you have a participating whole life insurance policy from a mutual insurer, you can also use any dividends you receive to purchase paid - up additions.

And you can purchase term life insurance coverage for a term of up to 35 years.

You can purchase a level term life insurance policy up to age 75 and coverage is renewable until you reach 95.

In order to reduce costs and increase the policy's value over time, Northwestern Mutual lets you use dividends to purchase paid - up whole life insurance.

You can use your whole life insurance dividends for cash, to pay premiums, earn interest with the carrier or purchase paid - up additional insurance coverage.

However, if an infinite banking strategy is preferred, this amount could be divided 60 % paid of additions, 40 % base premium, meaning 60 % of the monthly or annual premium is purchasing paid up life insurance.

Accelerator Paid Up Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividendUp Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividendup additions allow the purchase of paid up additional life insurance through additional premium payments or dividendup additional life insurance through additional premium payments or dividends.

As with most mutual insurance companies that offer participating whole life, a large percentage of the total dividend will go towards the purchase of paid up additions.

For maximum whole life insurance cash value growth, choosing the paid - up additions option, which purchases additional paid - up insurance, will further enhance your policy's cash value and grow your death benefit.

These dividends typically add 1 - 3 % return a year and can be used to purchase more paid up life insurance.

Flex Pay PUA Rider — Paid - up additions riders allow you to pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash value.

Value Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash value.

The North American Company for Life and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest raLife and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the loweInsurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest ralife insurance coverage that you can purchase up to age 85, and consistently has some of the loweinsurance coverage that you can purchase up to age 85, and consistently has some of the lowest rates.

Whether the consumer purchases it through a referral from their Mortgage Broker or perhaps has it already through their employment, Mortgage Life Insurance is a wise choice for anyone who wants to set their future up securely.

Paid - up additions allow you to use your dividend to purchase additional paid - up life insurance.

You can either receive a return of all your premiums paid income tax free or you can use the cash value that has accumulated to purchase paid - up life insurance.

One way this comes in handy is when the annual dividend offered by participating life insurance companies is used by the policyowner to purchase paid up additions.

You can purchase up to $ 25,000 of life insurance for children that can be converted to permanent coverage down the road.

But you also have the flexibility of making the annual premium, allowing your dividend to purchase more paid - up life insurance, further enhancing your policy's compound growth potentialities.

The Additional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash value groLife Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valuInsurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash value grolife insurance, increasing the policy's death benefit and cash valuinsurance, increasing the policy's death benefit and cash value growth.

Dividends can be used for many different things but ideally you want to use the dividends to purchase additional paid up life insurance.

A twenty five year old person could conceivably have life insurance coverage up to retirement at the age of sixty five should they so choose by purchasing a whole life insurance policy.

Alternatively, using dividends to purchase additional paid - up life insurance allows you to grow your cash value and death benefit in a tax favored environment under IRC 7702.

The I.R.S., of course, caught on to the trend and came up with a formula to assure that folks purchasing life insurance were in fact doing it for the purpose of acquiring life insurance.

There are many insurance and financial professionals who suggest that those who purchase a Term Life policy can make up for the investment component of a Permanent Life insurance policy by investing the cost savings between the two on their own.

With a life insurance contract that is collaterally assigned to a bank, your loved ones will not be obligated to repay anymore of the loan as it will be paid off in the amount of insurance you purchased up to the loan.

It's not just your age that factors in your life insurance premiums going up, getting insurance at 40 will benefit you even better than waiting to purchase life insurance over 50.

Our cost of life insurance infographic shows that you can pay up to 17 times more for life insurance purchased from a car yard than you would if you bought standard life insurance from a life insurance company or super fund.

If you already have a trust set up and are looking to purchase life insurance to supplement your estate plans, take a moment to run some term life insurance quotes.

When my husband's old life insurance policy premiums went up, he purchased a new life insurance policy thru MetLife in March 2011.

Under these provisions, a Vermont Life Insurance company can question any information you stated on your Vermont Life Insurance application for up to two years from the purchase of the policy.

And with hundreds of products offered by the top life insurance companies, it can be a challenge to stay up to speed on every aspect of every product and company for the benefit of our clients looking to purchase insurance, although we continue to strive to do so.

Additional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cash valuUp Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and caInsurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cash valuup» life insurance, increasing your death benefit and cainsurance, increasing your death benefit and cash value.

So, the point is that when using a properly designed permanent life insurance policy to build up cash value AND using policy loans effectively to fund other ventures, or even your home or vehicle purchases, you can achieve financial independence.

Participating whole life pays dividends, which can be used to purchase additional paid - up insurance, take out the cash, leave with the carrier to earn taxable interest, or pay premiums for a period of time.

Other times term life insurance policies are purchased to protect financial responsibilities that may crop up later in life, such as the purchase of a vacation home or your adult child's graduate school tuition.

Under these provisions, a South Carolina Life Insurance company can question any information you stated on your South Carolina Life Insurance application for up to two years from the purchase of the policy.

Supplemental Life Insurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for each chLife Insurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eaInsurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for each chlife insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eainsurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for each chlife insurance amount, and dependent life insurance of $ 10,000 for eainsurance amount, and dependent life insurance of $ 10,000 for each chlife insurance of $ 10,000 for eainsurance of $ 10,000 for each child.

As an example, a properly structured cash value whole life insurance policy that is purchased from a mutual company, is one that has tremendous liquidity, low cost (majority of the cost is buying lifelong level insurance — not to be compared to term), no tax on the growth of the account, tax free loans, tax free withdrawals (up to basis), tax free to survivors, no contribution limits, no required withdrawals, is free from creditors, and has minimum guarantees.

I purchased my pet's policy when he was 6 months old and assumed I'd locked in a certain rate based on signing up at an early age, rather than waiting until he was 2 (sort of like a life insurance policy).