Sentences with phrase «value over the lifetime of the policy»

Not exact matches

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

When enough cash value has accumulated in your policy, you can use it to make premium payments over the lifetime of the policy, eliminating the need to make out - of - pocket payments.

Lifetime Builder ELITE also offers the potential to accumulate greater cash values over the life of the policy than other fixed - interest permanent insurance products.

Whole life or permanent insurance provides coverage for your entire lifetime and has a savings element that builds cash value over the life of the policy.

A permanent life insurance policy could provide you with a lifetime of protection, while building cash value over time.

Below are illustrations of how much cash value a 35 - year - old nonsmoking male with a preferred - rate $ 100,000 whole life insurance policy could build up over his lifetime.

On the other hand, whole life insurance policies, such as the Gerber Life Whole Life Plan, can cost more because they provide up to a lifetime of coverage and build cash value over time.

When enough cash value has accumulated in your policy, you can use it to make premium payments over the lifetime of the policy, eliminating the need to make out - of - pocket payments.

Cash Value — Most types of life insurance contracts have a cash value which builds over the lifetime of the poValue — Most types of life insurance contracts have a cash value which builds over the lifetime of the povalue which builds over the lifetime of the policy.

Your premium would remain the same amount for your lifetime, and the cash value of your policy accumulates over time.

You get both the death benefit and the cash value, and typically, the death benefit and premium remains the same over the entire span of the policy, which is carried over during your lifetime.

A whole life insurance policy from State Farm has many benefits, including lifetime coverage, access to cash value (tax deferred), guaranteed death benefit and level premium amounts over the life of the policy.