Sentences with phrase «value of the policy instead»

How they benefit is by being able to obtain the true value of the policy instead of merely receiving the cash surrender value upon surrender or nothing upon letting the policy lapse.

For example, after a down year in the market, you can use the cash value of a policy instead of your IRA, allowing your savings to replenish.

So, be very cautious about taking this approach as it might be more advantageous to simply surrender the policy and take the cash value of the policy instead (Applies to permanent life insurance policies only as term policies have no cash value when surrendered).

Not exact matches

In other words, their policy will replace the product you ordered instead of paying the value of your order.

Variable life insurance is also similar to whole life insurance but, instead of having a guaranteed rate of growth, the cash value of the policy can be invested in sub-accounts offered by the insurer.

When policies do not presume or promote objective values, the resulting moral relativism, instead of leading to a society that is free, fair, just and compassionate, tends instead to produce frustration, despair, selfishness and a disregard for the life and liberty of others.

The added value of the European Union is instead to make niche capacity available and to combine different sorts of foreign policy instruments.

Instead, Labour activists and trade unionists wanted a return to core Labour values and left - leaning policies after the centrism of the 1990s and 2000s.

Instead of aiming «to organise and maintain in parliament and in the country a political Labour party», the party will «bring together members and supporters who share its values to develop policies, make communities stronger through collective action and support, and promote the election of Labour representatives at all levels of the democratic process».

These included a strong vision of and value for public education in which almost Finnish children participate as the creator of Finland's future society; resulting high status for the country's teaching profession whose members are stringently selected through rigorous university - based teacher education programs that confer Masters degrees on all of them; a widespread culture of collaboration in curriculum development among teachers in each school district; an equally robust culture of collaboration among all partners in strong local municipalities where most curriculum and other policy decisions are made; and a system of widespread cooperation and trust instead of US - style test - based accountability.

Instead, they should opt for a more comprehensive set of goals that address social and moral development, school and classroom climate, teacher training, school policies, and community values, along with student behavior.

What is needed instead is a fundamental shift in direction in federal education policy, and ESSA is not it; therefore every family that can afford it should opt out of state schooling whenever possible until No Child Left Behind's failed strategy for social improvement via annual testing and publishing the results is abandoned entirely, and until Sacramento gets serious about subsidiary devolution, which implies that assessing and reporting on the results of local schools should be left to the local districts, whose citizens may have different priorities and values that the state and federal governments should learn to respect.

First, instead of buying higher - cost permanent policies that generate cash values, many individuals can stick with much lower cost term insurance.

As part of our mission and our core values, we believe in educating renters about what they're buying instead of just selling a cookie cutter policy.

Variable life insurance is also similar to whole life insurance but, instead of having a guaranteed rate of growth, the cash value of the policy can be invested in sub-accounts offered by the insurer.

For those who are interested in using the policy for infinite banking, the work around would be to use the cash value as collateral with a separate financial institution, such as a local bank, instead of borrowing form the life insurance company.

Is there a way to make the policy able to replace the item instead of paying just for the current value?

This buildup in cash value is part of the reason the premiums on a whole life policy generally remain fixed instead of escalating to match the increased risk of death as you age.

The main differences between term and permanent life insurance are that permanent life insurance is in force for your entire life (as long as you pay the premiums) instead of a certain «term,» and permanent insurance accumulates cash value over the life of the policy.

This feature is so popular that you will often hear these policies called cash value life insurance instead of permanent life insurance, whole life, or indexed universal life.

Instead of premium payments going exclusively toward the insurance policy, they're split between funding the death benefit and funding the cash value.

Instead of using a «run of the mill» whole life insurance policy (that basically has no cash value for the first few years), we specialize in putting as much money into cash value as possible.

«There are ways to improve the existing policy with new rate designs that compensate for time of use and locational value instead of scrapping it.»

What I wish he would do - instead of making a priori assumptions about the value of ethanol for our energy policy - is put a task force together consisting of opponents and proponents - and let them document the pros and cons around all of the sticking points.

Climate science will be of greater relevance to policy and decision making once it dispenses with the adolescent pickup lines of «climate - proofing» and «rational action» and focuses instead on achievable aims of real value.

Variable universal life is much like universal life but instead of the cash value amount being invested in a safe low - interest - bearing account or utilizing an index option, a variable universal life policy is invested in higher risk opportunities like mutual funds or stock funds.

Instead of you paying premiums each month, money will be taken from the cash value to keep the policy open.

There is a critical difference if your policy is written for depreciated value instead of replacement value.

Instead of converting just the cash value that has accumulated, you may be able to get enough to purchase a small burial or whole life policy that will handle final expenses and put the rest into an annuity to build your legacy.

Instead, the actual face and cash values of your policy will depend on how well your «special fund» performs.

Instead of lapsing for no value or surrendering the policy for its available cash, it can be appraised to determine its potential fair market value and may then be sold in the secondary market subject to certain conditions.»

The remainder you owe would come from the umbrella insurance policy instead of your personal assets such as your home, salary, car, retirement funds, or other items of monetary value.

With a cash value life insurance policy, you can access the built - up savings component instead of dipping into your savings.

Instead of premium payments going exclusively toward the insurance policy, they're split between funding the death benefit and funding the cash value.

It's similar to UL insurance, but instead of earning a specific crediting rate on the cash - value component, VUL allows you to put some or even all of the cash - value you may have in your policy, into a «variable account» comprised of investment funds.

Instead, they'll explain the virtues of a policy that builds cash value — and how the lifetime benefit gives peace of mind.

Instead of using dividends to augment guaranteed cash value accumulation, the interest on the policy's cash value varies with current market conditions.

You want to evaluate all of these items instead of simply making a decision based on premium amounts because these things combined are what comprise the true value of a policy.

Here's how to make the cash value of your life insurance policy benefit you or your beneficiaries instead of the insurance company.

Check to see that your apartment insurance policy covers the replacement cost of your items, instead of the cash value.

Instead of cashing in the policy, you can use the accumulated cash value in permanent life insurance to handle your premium payments.

Instead, fixed universal life policies generally earn an interest rate in the cash value, while variable universal life policy returns depend on the performance of the funds offered within each policy's subaccounts, which are analogous to mutual funds, except that the insurance company owns the shares rather than the policy owner.

Additionally, you can borrow money against the cash value of your whole life insurance policy instead of taking out a loan elsewhere.

In fact, the controller alleged that John Hancock has a practice of avoiding paying death benefits, instead collecting premiums from the accrued cash value of a policy, even when the premium payments stop coming from the insured.

Instead of using a «run of the mill» whole life insurance policy (that basically has no cash value for the first few years), we specialize in putting as much money into cash value as possible.

It must mean that the dividends are being directed into a tax - deferred account which uses the money to buy what are known as «paid up additions» instead of accumulating in the cash value of the policy which could result in a tax liability.

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.

Mutual life insurance companies are owned by the policyholders and dividends are generally paid to the the policy holders on profits the company makes which can increase the value of the permanent policy; however, stock based life insurance companies (e.g. Allstate) pay these dividends to their share holders instead.

With this kind of policy, the insurance company only pays the amount that you still owe on the mortgage instead of the value of the house.

Or, they could choose to pump up their donation even more, and instead of selecting separate policies, choose one second - to - die policy, which offers the best value possible, since it only pays the death benefit upon the second death.