Sentences with phrase «value of the policy without»

Every policy and insured is unique which makes it impossible to estimate the value of a policy without an application, medical questionnaire, and in - force illustration.

The charity benefits by receiving the full face value of the policy without taxes.

If the policy can not be maintained affordably, or the cash value is needed, a life settlement may still provide an alternative mechanism to harvest the value of the policy without the ongoing obligation to maintain it.

That means you can build up the cash value of your policy without paying any taxes whatsoever.

There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.

Additionally, many permanent life insurance policies provide a financial vehicle that can be useful to you while you are still alive, allowing you to borrow against the cash value of the policy without a credit check or the need of putting up collateral.

Not exact matches

Should the policy offer attractive guaranteed rates of return, over time the cash value will grow to a reasonable level without being subject to market volatility or capital gains taxes.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

The impossibility of comparison may exist in some cases, but incommensurability fails to justify the ethics behind the ranking of values in policy matters; without compromise, the valuation of equal human welfare ought to be the chief concern in politics.

Term - to - 100 is similar to whole life, except without any refund of the cash surrender value if you cancel your policy.

Conversion to a cash value policy is available without proof of insurability.

To determine the value of the inflation rider, we charted the payouts available with and without inflation riders for a policy.

All the while you are taking advantage of the principle of compound interest, without disturbing the cash value principle in your policy!

However, some people are fortunate as they can tap into their savings or cash value life insurance policy for their survival for a few months without working, while other can't afford to stop working for long periods of time.

Mortgage brokers lying, banks not reviewing paperwork, applying policies designed for first time buyers to 3 times as many folks buying their 2nd, 3rd, 4th etc home, appraisers giving banks whatever values they wanted on appraisals, rating agencies doing likewise for CDO's, insurers issuing credit default swaps without even a fraction of the backing needed.

If you happen to borrow money from the cash value of your life insurance policy, you can often do so without penalty.

You may withdraw up to 10 % of your policy's accumulated contract value each year after the first year without incurring a surrender charge.

All types of permanent cash value policies typically have a specified cash surrender period that must lapse before you can completely withdraw the cash value in the policy without paying penalties to the life insurance company.

Without recapping our many articles highlighting the amazing benefits of cash value life insurance, we will provide 6 benefits to converting your term policy.

The selling point is that at any time you can take out part of that cash value without impacting your insurance policy.

Cash value life insurance offers the incentive of tax free growth of the Roth IRA AND greatly increases flexibility in that the policy proceeds may be borrowed without penalty or tax consequences and none of the other restrictions of Roth IRAs are applicable.

The proceeds of a life insurance policy are payable immediately, allowing heirs to take care of these taxes, funeral costs and other debts without having to hastily liquidate other assets, often at a fraction of their true value.

The cash value of a whole life insurance investment policy can be accessed without having to jump through the various hoops that are necessary for a bank loan, including a credit check and reams of paperwork.

Some of these offer the guarantee of a minimal amount of interest, as well as the ability to take a loan out against the cash value, without lapsing the policy.

Marriott Rewards has the right to terminate the Marriott Rewards Program or to change, limit, modify or cancel the Marriott Rewards Program Rules, regulations, policies, procedures, conditions of participation, benefits, awards, and special offers, in whole or in part, at any time, with or without notice, even though such changes may affect the value of points or miles.

However, without the scientific community providing expertise and authority in policy prescriptions, anti-science campaigns, driven by conflicts of values (as in evolution) to conflicts of investment and wealth (as in climate change) subvert real scientific knowledge, prevent the implementation of responsible policy, and put the future of our country in jeopardy.

Can an insurance company arbitrarily raise the amount of insurance on my homeowner's policy (replacement cost value) without my consent?

Avoid Modified Endowment Status: If the subsequent premiums paid into the new policy, other than the exchange proceeds, are within the new 7 - pay limit, then a 1035 Exchange of a life insurance policy allows the policy owner to place the original contract's entire value in the new policy without creating a modified endowment contract, or MEC.

At that point, the policy will either terminate without value or fall under one of the non-forfeiture options (reduced paid - up coverage, extended term coverage, etc.).

The convertible insurance policy provides the option to change the face value of the policy into a cash - value policy offered by the insurer in case you reach 65 years of age and are not financially secure enough to go without insurance.

In the event that you happen to experience financial setbacks and allow your policy lapse, without reaching the stage of cash value accumulation, the huge sum of money you spent on expensive premiums will be flushed down the proverbial toilet.

American National continues to rank very high as most affordable term life insurance providers and offers one of the highest policy face values without a medical exam in the industry.

Depending on the insurance company, at the end of the level term period, you may have the option to use the policy cash value to purchase a guaranteed paid - up «whole life policy» without having to prove your health.

-- As opposed to a term policy, which expires with no payout or cash value at the end of the term, a permanent policy covers the policy owner throughout all of his / her life without an unwanted adjustment in premiums.

The accrued cash value of a whole life policy has another benefit; you can use the accrued value without affecting the guaranteed payout amount.

The net surrender value of any contract shall be determined with regard to surrender charges but without regard to any policy loan.

An adjustable life policy gives you the flexibility to adjust the face value, premium, and length of coverage without having to completely change policies.

If the policy surrendered after the completion of 5 years, the insurer will pay out the total fund value without deducting any charges.

If the policyholder surrenders his policy after completing 5 policy years, then the entire fund value as on the date of surrender is payable without any additional charges applicable.

For example, cash value from a permanent policy can be used for purposes other than the original intent of the insurance.1 Also, many term policies can be converted to a permanent policy over time, and some policies provide the option to increase insurance without a medical exam.2

With term life insurance, there is death benefit coverage only, without any type of cash value or savings build up — and because of that, term life insurance can often be much more affordable than a comparable permanent life insurance policy option (with all other factors being equal).

You may convert all or part of a Yearly Convertible Term policy into a permanent, cash value policy without furnishing evidence of insurability.

Also, if the coverage is convertible (the coverage can be «converted» to a comparable cash value policy, without the need to provide evidence of insurability), you can get the coverage you need today — with the ability to obtain permanent coverage in the future.

With interest - sensitive whole life insurance, you can have more flexibility with your life insurance policy such as increasing your death benefit without raising your premiums depending on the economy and the rate of return on your cash value portion.

«Don't buy a policy without getting quotes from several agents or companies — you could end up paying thousands of dollars more than you need to,» the group states on its website, adding consumers should compare not only premiums, but cash value (where relevant), death benefits and fees.

The tax - free nature of these factors enable you to grow the value of the money you put into your life insurance policy without paying taxes on the growth.

Term life insurance provides the most basic form of life insurance coverage, as these policies provide death benefit protection, without any cash value or savings build up.

The following are not considered a settlement under state insurance regulations: • A loan from an insurer under the terms of the life insurance policy (e.g., a policy loan) • A loan from a third party where the policy's cash value is used as collateral (collateral assignment) • A beneficiary designation without a transfer of value • A beneficiary designation of someone with an insurable interest in the insured

Typically a universal life policy will have two options for the death benefit payout which are option A and option B. Option A is your normal fixed death benefit payout without any cash value, usually this is the amount of coverage you got when you first bought the policy.

Term life offers pure death benefit protection only, without any cash value build up inside of the policy.