Sentences with phrase «year declining surrender»

Some additional benefits are a 14 year declining surrender charge rate.

Not exact matches

Furthermore, markets always decline faster than they rise, just as the Dow Jones Industrial Average surrendered 10 years of gains in just the 2 - year decline from 2007 to 2009.

Most MYGAs have pre-set declining surrender charge schedule which can start as high as 10 % in the first year and will then decline by typically 1 % per year.

These surrender charges typically start at 7 % to 8 % and decline gradually until they disappear after eight or so years (although many annuities allow you to withdraw up to 10 % of your investment each year penalty free).

Time series analysis showed a greater than expected decline in the number of cats surrendered to shelters in Santa Clara County during the years the voucher program was in effect (1994 — 2005).

Surrender Charge Typically applicable to adjustable life, indexed universal life, and variable universal policies, a generally declining schedule of charges against the cash value may be imposed on the policy for a certain number of years from policy inception if the policy is surrendered, the death benefit is reduced, or in some instances, the surrender charge is taken into account in the monthly calculation to determine if the policy is still in forcSurrender Charge Typically applicable to adjustable life, indexed universal life, and variable universal policies, a generally declining schedule of charges against the cash value may be imposed on the policy for a certain number of years from policy inception if the policy is surrendered, the death benefit is reduced, or in some instances, the surrender charge is taken into account in the monthly calculation to determine if the policy is still in forcsurrender charge is taken into account in the monthly calculation to determine if the policy is still in force.»

I explained the key provisions of the contract, including all of the charges and the right to adjust the premium payments, and I showed her that the declining surrender charge created a big incentive to keep the policy for at least a few more years.

Many universal life policies have a declining surrender charge, and the year - to - year drop can offset the policy's charges.

Surrender charges usually decline with each policy anniversary, until there is no surrender charge after severSurrender charges usually decline with each policy anniversary, until there is no surrender charge after seversurrender charge after several years.