Sentences with phrase «values over the life of the policy»

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.

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

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

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.

Because the cash value portion is invested, there is a risk that you can end up losing cash value over the life of the policy.

In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.

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.

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.

In addition to providing lifelong protection, a whole life insurance policy will also accumulate cash value over the life of the policy.

Permanent life insurance policies contain a cash value investment which accumulates value over the life of the policy and is also distributed at the time of your death.

Term life insurance does not accrue any cash values over the life of the policy.

Emphasizing payment of only the base premiums results in a whole life policy with a maximized death benefit and extremely slow accrual of the cash value over the life of the policy.

Permanent Life insurance policies also have the additional benefit of accruing a cash value over the life of the policy.

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.

Not exact matches

Many types of permanent life insurance policies increase in value over time based on interest rates.

In a nutshell, while most whole life insurance is fixated on maximizing the death benefit of a policy and just allowing cash values to grow over time, strategic self banking focuses on maximizing life insurance cash values, so the whole life insurance plan can be used strategically as a savings and personal financing vehicle for the purpose of recapturing your cost of capital incurred when having to deal with third party lenders or using your own cash.

Whole life insurance is a type of permanent life insurance policy that accumulates cash value over time.

The main difference between term life and permanent insurance is that term insurance only pays death benefits to your beneficiaries, while permanent life insurance pays out death benefits and accumulates cash value which will continue to build up over the life of the policy.

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.

In addition to paying death benefits, it also has a cash value accumulation feature which grows over the life of the policy.

Whole life insurance (cash value life insurance) offers a permanent accruing death benefit as well as accruing cash value within the policy over the life of the policy holder based upon mortality tables.

Indexed universal life insurance offers greater control over the performance of your policy's cash value growth, since you're not relying on a figure determined by the insurer and their performance.

Because the death benefit amount of your cash value life insurance policy may change over time as its cash value grows, make sure to specify a percentage of the proceeds to go to your beneficiaries rather than selecting a dollar amount.

Sadly, over 70 % of the life insurance policies sold today are cash value policies.

The benefit of whole life insurance policies is that they build cash value over time, which is a fund that can be borrowed against or withdrawn.

Over the life of the policy, you can borrow money against the accrued value.

Whereas whole life insurance provides fixed rates of return on the account value, at rates determined by the insurance company, variable life insurance provides the policyholder with investment discretion over the account value portion of the policy.

Since a whole life policy offers the benefit of tax - deferred accumulation of cash value, the sooner Trish starts, the faster her cash value can potentially grow over the long term.

This is over $ 3,000 more than the cash value of the whole life policy.

Universal life insurance structured under Option B is designed so that proceeds of the policy rise in value over time and equal the death benefit plus the cash value.

Cash value life insurance refers to a wide variety of insurance policies that provide both a death benefit and the accumulation of cash value over a...

Permanent life insurance never expires, and it includes a «cash value» component that grows (or in some cases shrinks) over the life of the policy.

Over time, as you make more premium payments, a whole life policy becomes comprised entirely of the cash value.

In addition to the life insurance coverage that is provided with a permanent plan, this type of policy will also include a cash value component where cash can accumulate on a tax deferred basis over time.

One of the advantages of a whole life policy is that it accumulates cash value over time, thus creating an amount that a person can borrow against if needed.

One of the most useful features of permanent life insurance is the cash value that accumulates over the life of the policy, which can be:

You also don't have control over your investments when it comes to the cash value component of a permanent life insurance policy.

Even taking a loan from an annuity, unlike a loan from a cash value life insurance policy, is a taxable event because it considered either an early withdrawal of cash OR an additional withdrawal over the regular monthly payment.

For equity indexed universal life, the returns credited to the policy's cash value are based on the performance of an equity index (such as the S&P 500) over a specified period.

Permanent insurance builds up a cash value over time and continues to achieve steady growth over the life span of the policy.

In addition, whole life policies build up tax - deferred cash value, or savings, over the life of the policy.

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

We promote progressive policies for cats in communities all over America and we work towards a world that values the lives of all animals.

• Coverage is for life, eliminating the need to renew the policy • Provides death benefits • Cash value accumulation feature, which builds up over the life of the policy • Allows you to borrow against the policy • Allows you to surrender the policy

Part of each premium goes toward a cash value that gradually increases over the life of the policy.

The good news is, some companies will credit you for a portion of the premiums you paid into your term life insurance policy and carry it over when you decide to convert to assist the cash value accumulation.

On the other hand, because it takes time for the cash value of a whole life policy to grow, it may not be the best choice for every individual over 50 years of age.

The Sage universal life insurance no medical exam policy also offers a minimum guaranteed interest rate on the cash value accumulation portion of 2.5 % which is guaranteed payable over the life of the policy.

The reason is that they not only pay out on death benefits, but they also have a cash value accumulation feature which accumulates over the life span of the policy.

A permanent or whole life policy will last for the rest of your life, payments never change, and the policy builds cash value over time that you may access tax - free.