Sentences with phrase «value of a policy decreases»

The face value of a policy decreases as the loan is paid off until both equal zero.

In practical terms, that means that the value of your policy decreases over time as your mortgage balance decreases.

With mortgage life insurance, the premiums may remain the same, but the value of the policy decreases over time as the balance of your mortgage declines.

A decreasing value term life insurance life policy such as mortgage insurance has the drawback of having equal premiums throughout the course of the policy while the face value of the policy decreases over the same period.

Not exact matches

Those charges may decrease the value of the policy substantially depending on how early the policy, or any portion of it, is surrendered or accessed.

But it also decreases the value of the benefits received by risk - averse employees, which needs to be taken into account when evaluating the effect of the policy change on benefits.

Political challenges and other education priorities have also led to slower progress toward implementing additional evaluation policies, particularly the use of student growth measures based on state assessments in evaluating teachers.59 60 States have responded to public backlash by decreasing the weighting of value - added scores or other student growth measures in teacher evaluation ratings.

You pay a flat premium over the duration of the policy, but the face value (death benefit) of the policy decreases over time.

The downside of a family income policy is that it decreases in value over time.

Loans and partial withdrawals will decrease the death benefit and cash value of your life insurance policy and may be subject to policy limitations and income tax.

That means you could possibly increase, decrease, or even skip a payment depending on such factors as the amount of premium you have paid into the policy, its cash value, and any policy loans or withdrawals that you may have taken.

Keep in mind that loans against the policy will accrue interest and decrease both death benefit and cash value by the amount of the outstanding loan and interest.

Depending on the type of permanent policy, you could see your death benefit shrink and / or premiums rise over time, or the cash value portion could decrease.

Additional out - of - pocket payments may be needed if actual dividends or investment returns decrease, if you withdraw policy values, if you take out a loan, or if current charges increase.

A decrease in the policy's cash value could decrease the amount of insurance protection.

These insurance instruments are structured the same as traditional insurance policies, but the value of the instruments increase and decrease with the stock market.

Additional out - of - pocket payments may be needed if actual dividends or investment returns decrease, if you withdraw policy cash values, or if current charges increase.

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

That is the present regime, Wouldn't a policy which penalizes continuing with low probability of success cases create incentives to settlement at rational values, and decrease the economic drag on defendants?

Unlike traditional mortgage life insurance whose value decreases as you pay down your mortgage balance, term life insurance plans pay the full original face value of your policy to your beneficiary.

Unlike traditional mortgage life insurance whose value decreases as you pay down your mortgage balance, the CoverMe Term Life plan pays the full original face value of your policy to your beneficiary.

The other variation — Decreasing term — is the least expensive of all because, while the premium remains unchanged, the face value drops every year, giving the company the greatest risk in the early years of the policy when you are least likely to die.

When the policy holder chooses the level death benefit, the value of the pure insurance component decreases over time to keep the death benefit the same while the policy's cash value increases.

Because this is whole life insurance, the benefit amount of the coverage can not be decreased — and the policy will also build up cash value.

Insurers offer a zero depreciation add - on cover with the comprehensive policy that factors in the decrease in value of this component and covers the entire cost of a new logo.

As neither the cash value nor the death benefit is predetermined or guaranteed, the policyholder bears the risk of a poor fund performance which results in the decreased amount of the death benefit and the cash value and the increased premiums the insured has to pay to keep the policy in effect.

Loans against the policy accrue interest and decrease the death benefit and cash value by the amount of the outstanding loan and interest.

Because of its potential to build a cash - value over time, your premium payments may be increased, decreased, or even skipped depending on the policy's cash value.

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

Keep in mind that loans against the policy will accrue interest and decrease both death benefit and cash value by the amount of the outstanding loan and interest.

With a universal life policy, your premium payments may be increased, decreased, or even skipped, depending on such factors as the amount of premium you have paid into the policy, the policy value, any loans or withdrawals, and the current interest rate.

As the policy matures, cash value will accumulate that Tim can use to pay for any needs that arise such as medical bills, but borrowing or removing cash values will increase the premiums or decrease the length of coverage.

While there is build up of cash value inside of the policy, similar to whole life, it decreases as the policy ages to offset the additional premium costs.

Plus, while the cash value increases over the life of the policy, the death benefit actually decreases.

Variable life policies may have increasing or decreasing value based on the investments that are part of the policy.

Like your mortgage balance, the death benefit decreases over the life of the policy, but it will never fall below 20 % of the original value, while premiums remain level.

Replacement Cost and Actual Cash Value: Replacement cost policies provides you with the dollar amount needed to replace a damaged item with one of similar kind and quality without deducting for depreciation (the decrease in value due to age, wear and tear, and other factValue: Replacement cost policies provides you with the dollar amount needed to replace a damaged item with one of similar kind and quality without deducting for depreciation (the decrease in value due to age, wear and tear, and other factvalue due to age, wear and tear, and other factors).

It will continue to decrease until it reaches 20 percent of the original face value of the policy.

After the first year of ownership, universal life policyholders have the option to increase, decrease or skip premium payments, so long as the cash value balance is sufficient to cover all policy expenses.

The face value amount of the insurance policy typically will decrease as the balance of the debt goes down — until both reach zero.

Many life insurance companies allow a one - time decrease in the face value of the life insurance policy.

The difference is that instead of offering a locked - in amount of coverage that lasts over the entire term — the duration of the policy — the coverage decreases in value at a set rate.

Determining amounts to be received by multiple beneficiaries should be done as a percentage of the amount to be dispensed at the time of expiry since the death benefit of permanent policies may change as their cash values increase or decrease over time.

In this type of policy, the monetary value of the coverage decreases as you pay down the loan.

Old - fashioned mortgage life insurance delivers a policy that starts with the full value of your mortgage and then declines as your mortgage balance decreases.

As the cash value builds up in the policy, the actual amount of death benefit you are purchasing decreases.

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The cash value portion of a universal policy will also reflect any increase or decrease in premiums payments.

Those charges may decrease the value of the policy substantially depending on how early the policy, or any portion of it, is surrendered or accessed.

It means the investor must «buy» the cash and sit on its low return, which decreases the prospective value of the policy for the investor.