Sentences with phrase «value at a guaranteed rate»

An endowment policy builds cash value at a guaranteed rate and has level premiums, similar to a whole life insurance policy.

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).

In the case of whole life insurance, when the policy is issued, you will receive a schedule showing the growth of the cash value at the guaranteed rate.

Not exact matches

With whole life insurance, the policy's cash value is guaranteed to grow at a certain rate each year and you can:

This guaranteed minimum value may be the premiums paid (or a percentage of them) improved at an interest rate such as 0 to 2 percent.

The Grow - Up Plan's cash value grows at a guaranteed rate over time so that, after 25 years, it should equal or be greater than the amount you've paid in premiums.

With whole life insurance, the policy's cash value is guaranteed to grow at a certain rate each year and you can:

Prepaid Tuition Plan A college savings plan that is guaranteed to rise in value at the same rate as college tuition.

87.5 % of premium accumulated at the contract's guaranteed minimum interest rate (Guaranteed Minimguaranteed minimum interest rate (Guaranteed MinimGuaranteed Minimum Value).

While the policy's cash value is guaranteed to grow at a certain rate, this can be lower than other investment vehicles and you need to determine what fees are applied

If you know how much you plan to invest each year and the fixed rate of return your annuity guarantees — or, for loans, the amount of your payments and the given interest rate — you can easily determine the value of your account at any point in the future.

The cash value is basically an investment account inside your whole life insurance policy that grows at a guaranteed rate over time.

30 Year Fixed Rate USDA Rural Housing Mortgage Loan: The principal and interest payment on a $ 204,000 ($ 200,000 loan amount + $ 4,000 upfront guarantee fee added to the loan) 30 year fixed rate USDA mortgage at an interest rate of 5.5 % and 100 % loan - to - value is $ 1,203.76 ($ 1,135.58 P&I + $ 68.18 Monthly MRate USDA Rural Housing Mortgage Loan: The principal and interest payment on a $ 204,000 ($ 200,000 loan amount + $ 4,000 upfront guarantee fee added to the loan) 30 year fixed rate USDA mortgage at an interest rate of 5.5 % and 100 % loan - to - value is $ 1,203.76 ($ 1,135.58 P&I + $ 68.18 Monthly Mrate USDA mortgage at an interest rate of 5.5 % and 100 % loan - to - value is $ 1,203.76 ($ 1,135.58 P&I + $ 68.18 Monthly Mrate of 5.5 % and 100 % loan - to - value is $ 1,203.76 ($ 1,135.58 P&I + $ 68.18 Monthly MIP).

Your cash value accumulates inside your policy at a rate guaranteed by the life insurance company.

A portion of your premium will be applied to the policy's cash value and grow at a minimum rate guaranteed by the issuing insurance company.

However, series EE bonds are always guaranteed to at least double their value after 20 years, regardless of the interest rate.

Prepaid tuition plans are college savings plans that are guaranteed to increase in value at the same rate as college tuition.

Additionally, the cash value will grow at a minimum guaranteed interest rate.

With a whole life insurance policy, the death benefit is guaranteed, and the cash value funds will grow at an interest rate that is set by the insurance company.

Other highlights of the Guaranteed Account for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at rGuaranteed Account for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at rguaranteed lifetime income at retirement.

Including Colorado's only FDIC - insured 529 savings plan ³ eligible for the state's tax deduction on contributions, and a stable value plan that guarantees a minimum annual rate of return (currently at 2.29 %) ⁴.

The rate will never fall below a contractually - guaranteed minimum and the accumulated cash value can be accessed at any time through policy loans or surrenders.

Even though the Amex Platinum has more transfer partners, the Reserve also has the ability to redeem points for travel at a rate of 1.5 cents apiece, guaranteeing that you can get some great value out of the program.

Even though the Amex Platinum has more transfer partners, the Reserve also has the ability to redeem points for travel at a rate of 1.5 cents apiece, guaranteeing that you can get some great value out of the program.

The cash value builds by deferring a portion of your premiums, and depending on the type of coverage you buy, is invested in securities or grows at a fixed rate guaranteed by the insurance company.

These policies carry a «cash value» component that grows tax deferred at a contractually guaranteed amount (usually a low interest rate) until the contract is surrendered.

Whole life insurance is a much safer product in that most whole life policies have a guaranteed premium which gets you a fixed death benefit and cash value that grows at fixed, guaranteed rate.

The cash value of your policy is tax deferred and grows at a guaranteed rate so long as your premiums are paid as they're due.

The rate will never fall below a contractually - guaranteed minimum and the accumulated cash value can be accessed at any time through policy loans or surrenders.

The insurance company adds up the number of term premiums that will be required on the policy in total, divides by the number of years for which a level premium is guaranteed, discounts for the time value of the money using the interest rates available at the time, and charges the resulting level premiums rather than the actual yearly renewable term rate.

Return of premium term provides a guaranteed amount of life insurance at a premium rate that is level over the term period but also builds cash value and returns 100 % of premiums paid at the end of the level term.

When you review the proposal with your agent, look for the guaranteed interest crediting rate, any premium changes throughout the lifetime of the policy, any fees or other charges that may be a part of the policy, and the illustrated value of the policy at the points in time significant to you.

These types of life insurance plans allow cash value to accumulate at a floating interest rate, which a minimum rate guarantee.

The guarantee is in effect if the paid premiums accumulated at a specified annual interest rate, such as 3 %, exceeds the applicable number in the Table of Limited No - Lapse Guaranteguarantee is in effect if the paid premiums accumulated at a specified annual interest rate, such as 3 %, exceeds the applicable number in the Table of Limited No - Lapse GuaranteeGuarantee Values.

The cash value grows at a guaranteed rate annually and can be borrowed against to pay for certain things (such as an emergency hospital bill), but is not added to the death benefit.

For example, if your cash value was guaranteed to grow at a rate that was within 2 % of your loan interest rate, which was 6 %, it would be guaranteed to be at least 4 %.

Biffis and Millossovich (2006) analyzed the value of being able to convert a deferred annuity into a life annuity at guaranteed rates.

While not guaranteed, almost all life carriers credit interest at a higher rate than the minimum guaranteed value.

If you still need life insurance when your price guarantee ends and you can't qualify for coverage for medical reasons, you'll want to be able to convert your term policy to a permanent, cash value policy at preferred rates.

With a whole life insurance policy, the death benefit is guaranteed, and the cash value funds will grow at an interest rate that is set by the insurance company.

The second product is a cash value account that grow at either a guaranteed interest rate or the current rate whatever is higher.

The primary differences are that the cash value for whole life insurance policies grows at a guaranteed interest rate and premiums are level for the life of the policy.

In addition, the cash value will grow at a guaranteed rate of interest.

This type of coverage is guaranteed in terms of the death benefit amount, regardless of the insured's increasing age, and whether or not the insured contracts a health issue — and, the cash value will grow at a set interest rate that is set by the insurance company.

The maximum premiums are set by the IRS guidelines such that the premiums paid within a seven - year period after a qualifying event (such as purchase or death benefit increase), grown at a 6 % rate, and using the maximum guaranteed costs of insurance in the policy contract, would endow the policy at age 100 (i.e. the cash value would equal the death benefit).

Meanwhile, the cash value will grow at a guaranteed crediting rate, tax - free.

AccountMax also offers a market value adjustment (MVA) on withdrawals taken during the guarantee period - if you decide to make a withdrawal, your account's value will adjust depending on the interest rate offered at that time.

The reason the premium payments are higher is because whole life insurance is guaranteed to build cash value at a certain rate, as long as all premium payments are made in a timely manner.

The cash value is guaranteed to accrue at a certain rate in a whole life insurance policy as long as the illustrated premium payments are made, but not necessarily with a universal life or variable universal life contract.

How much of it is due to the amount applied to it as a result of your premiums (Has to be looked at on a case by case as there are various different scenarios for how much is paid towards premiums and cash values and how much of the premiums is to line their pockets) and how much of the increase in the cash value is due to the percentage increase by way of so called investment or the guaranteed rate of increase.