Sentences with phrase «usually guarantees a minimum your cash value»

The insurance company usually guarantees a minimum your cash value can be reduced to even if the interest rates would make your investments worth less, but make sure you verify this with your insurance company.

Not exact matches

Insurance companies guarantee a minimum return rate on the cash value that is usually between 3 and 5 percent.

The cash value of a policy can increase over the years (or decrease), but usually a whole life insurer offers a guaranteed minimum interest.

You can change the death benefit the premium you pay and the interest in the cash value account grows at an amount subject to market conditions (there is usually a guaranteed minimum though).

The cash value of a policy can increase over the years (or decrease), but usually a whole life insurer offers a guaranteed minimum interest.

When you're dealing with a cash value product like whole life insurance, you usually have a guaranteed minimum growth set in your contract.

The rate of return for universal life insurance's cash value is usually set by the market, but you may also have a minimum guaranteed interest rate.

Note that while the cash value may be much higher due to the return on investment, you are usually guaranteed a minimum payout regardless of how well the investments perform.