Sentences with phrase «which accrues cash value»

Or you may wish to lock in a steady rate with a permanent life insurance policy, which accrues cash value, and pays a guaranteed death benefit, even if you live to be 100 years old.

Or you may wish to lock in a steady rate with a permanent life insurance policy, which accrues cash value, and pays a guaranteed death benefit, even if you live to be 100 years old.

Not exact matches

SolarCity's recurring cash flows exceed a net present value of $ 2 billion [2] above and beyond non-recourse debt repayment, all of which will ultimately accrue to the combined company if the acquisition is approved.

This aggregate purchase price was comprised of (i) conversion of indebtedness of the registrant and interest accrued thereupon, the value of which conversion was $ 2,988,031 and (ii) cash payments to the registrant, which totaled $ 37,011,968.

In addition, universal life insurance builds cash value, which grows over time via premium payments and interest accrued.

Permanent life insurance has a savings or investment component called a «cash value,» which, true to its name, accrues value over time.

High - quality bonds tend to go up in value and accrue more interest, similarly to cash — which has no yield — but does appreciate dramatically, when everything else goes down.

Cash value can be accessed through loans and partial surrenders which accrue interest and, if not paid back, will reduce the policy's death benefit and cash vaCash value can be accessed through loans and partial surrenders which accrue interest and, if not paid back, will reduce the policy's death benefit and cash vacash value.

* Cash value is accessed via policy loans which accrue interest and reduce the cash value and death beneCash value is accessed via policy loans which accrue interest and reduce the cash value and death benecash value and death benefit.

A whole life insurance policy accrues cash value and pays dividends which can be used in different ways while the policy is in place.

The policy will accrue cash value which he'll have access to if needed.

Permanent life insurance has a savings or investment component called a «cash value,» which, true to its name, accrues value over time.

There is also a cash value component, which can help the child to accrue tax - deferred savings that he or she can borrow or withdraw in the future.

Permanent offerings tend to be pricier than term because part of the money goes toward investments that the insurer makes on your behalf, which allows your policy to accrue cash value over time.

The cash value is the savings part of the insurance policy which is based on the premiums paid and the returns from the investment that have accrued over the years.

However, besides lifelong coverage, it offers the added benefit of accruing a cash value, which you can liquidate or borrow against, if the need arises.

If cash value is not necessary, you will really be a better candidate for a guaranteed universal life policy to age 120, which still provides lifetime coverage protection, but will accrue little to no cash value.

Loans taken from the policies also accrue interest, which will further decrease the policy's cash value and death benefit.

With variable universal life insurance, you'll get permanent life insurance with an investment component that accrues a cash value which you can borrow against.

In addition, universal life insurance builds cash value, which grows over time via premium payments and interest accrued.

There is also something called guaranteed cash values on which dividends accrue.

Your premiums will pay for the insurance and accrue the cash value of the policy, which usually takes about two years.

Only whole life insurance, not term, accumulates cash value from which a loan may be taken While the loan does not have to be repaid, if it is not, the loan plus accrued interest will be deducted from the death benefit.

Most term policies are active for a period of 10 to 30 years, a time in which no cash value accrues.

For example, you can borrow against the accrued cash value on most permanent life insurance policies, and some types of policy will even allow you to participate in deciding where and how your premiums will be invested, which can yield a higher cash value.

In addition, cash value accrues as time passes which allows benefits to be paid out before death.

So for example, if you have a $ 300,000 life insurance policy, and you've been paying the expensive premiums of a whole life policy (which can be at least 5 times as expensive each month compared to a term policy) for years and years to accrue cash value, but then you die, your heirs only receive the $ 300,000 and the insurance company keeps the cash value you've built up.