Sentences with phrase «wipe out all of your cash value»

A period of prolonged lower - than - expected interest rates could wipe out all of your cash value, and could leave you holding the bag monetarily to make up the difference, in order to keep the policy in force.

Not exact matches

If you end up carrying a high balance, the interest you're paying could effectively wipe out the value of the cash back you're earning.

Depending on your policy and the size of your cash value, such a withdrawal could chip away at your death benefit or even wipe it out altogether.