Sentences with phrase «while accruing cash value»

Funding a split dollar plan is a way to reward a key employee while accruing cash value in a whole life insurance policy that can serve as a ready source of funding for the employer.

Funding a split dollar plan is a way to reward a key employee while accruing cash value in a whole life insurance policy that can serve as a ready source of funding for the employer.

While stock market investors NOW attempt to catch up, whole life policy owners never missed a beat and their wealth continued to compound, ALL THE WHILE accruing cash value growth to the policy owner.

Not exact matches

While term life insurance doesn't accrue a cash value over time, meaning you can't borrow against it, a term policy has a low cost by comparison and is still customizable to an individual's situation.

Sometimes, this strategy is accomplished by using supplemental term life insurance to boost the amount of death benefit while the cash value is accruing.

While initial premiums are higher than with a typical term policy, it is possible for coverage to continue until death of the insured, and cash value may accrue in the policy on a tax - deferred basis that can be used to help meet financial needs during your life.

While some travelers love the simplicity of «Cash Back» cards, others value accruing points in a flexible rewards program where they can be redeemed for high value experiences like luxury hotels and expensive flights.

Another key difference between permanent and term life insurance is that various types of permanent life insurance policies accrue cash value that can be accessed while the policyholder is living.

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

A permanent life insurance policy can provide access to accrued cash value that can be accessible while you are living.

While it does accrue cash value, it is very minimal and usually just kept to keep the premium level throughout the life of the policy.

While term life insurance doesn't accrue a cash value over time, meaning you can't borrow against it, a term policy has a low cost by comparison and is still customizable to an individual's situation.

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.