Sentences with phrase «value than traditional life insurance»

This type of policy has higher fees and costs of insurance but if the performance of the variable funds is strong the owner could end up with a higher cash value than a traditional life insurance policy.

While standard whole life insurance policies can provide funeral and burial coverage, final expense no medical insurance policies provide superior coverage given the facts they contain a lower face value than traditional life insurance policies.

Not exact matches

A large portion of your premiums payments will be invested in the insurance company's investment fund in whatever asset class you prefer (stocks, bonds, mutual funds, money market funds, etc.) Over time, this has the chance to generate a much larger cash value in your insurance account than a traditional whole life policy does.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

The HECV policy is designed for executives, such as key person insurance, with significantly higher early cash value than traditional whole life policies.

The face value minimums for traditional life insurance are very often no less than $ 25,000 - $ 50,000.

Because the policy is written for a specified value, it is usually easier to get than traditional term policies, and you will not have to undergo a medical exam to qualify for most mortgage life insurance policies.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

The index - linked feature6, 7,8 provides the potential for greater cash value accumulation than traditional universal life insurance and the guaranteed floor means less risk than variable universal life insurance.

Typically, life insurance policies that are used to supplement retirement benefits provide you with a low death benefit relative to the cash value and premium payments, but offer you a higher cash value than you would otherwise get with a straight whole life or a traditional universal life policy.

Not only does it provide universal life insurance coverage, but the policy's index - linked accounts provide more potential for cash value growth than traditional universal life insurance, with less risk than variable universal life insurance.

The company's Indexed Universal Life — Global Choice, issued through Security Life of Denver Insurance Company, provides index crediting potential based on a formula that tracks the performance of a major indices, such as the S&P 500, potentially generating higher cash value accumulation than traditional whole life or universal life, but without the potential negative returns of variable life insuraLife — Global Choice, issued through Security Life of Denver Insurance Company, provides index crediting potential based on a formula that tracks the performance of a major indices, such as the S&P 500, potentially generating higher cash value accumulation than traditional whole life or universal life, but without the potential negative returns of variable life insuraLife of Denver Insurance Company, provides index crediting potential based on a formula that tracks the performance of a major indices, such as the S&P 500, potentially generating higher cash value accumulation than traditional whole life or universal life, but without the potential negative returns of variable life iInsurance Company, provides index crediting potential based on a formula that tracks the performance of a major indices, such as the S&P 500, potentially generating higher cash value accumulation than traditional whole life or universal life, but without the potential negative returns of variable life insuralife or universal life, but without the potential negative returns of variable life insuralife, but without the potential negative returns of variable life insuralife insuranceinsurance.

No load life insurance allows your cash value to accumulate faster than a traditional whole life policy would, since more of your premiums are going towards that cash value rather than paying into commission.

Even with a minimum of 15 years to build cash value in it, there are many fees associated with this type of life insurance plan that makes it less appealing than traditional life insurance plans or other long term savings plans.

Life insurance companies often offer these cash - value loans at interest rates lower than a traditional bank loan.

In the early 1980s, new universal life insurance products started being regarded as investment vehicles — with cash surrender values — rather than traditional definitions of life insurance.