value policy in a sentence
Examples
- This kind of policy is more expensive than an Actual Cash Value policy, where the policyholder will not be compensated for the depreciation of an item that was destroyed.
- Insurance experts say any cash value policy would be a poor choice for soldiers trying to maximize the amount their families would receive in the event of their deaths.
- In addition to his accusations of misleading sales of insurance as retirement vehicles, Parry, in his lawsuits, says that Prudential misled consumers when selling cash-value policies with so-called vanishing premiums.
- Agents are also finding that more clients are opting for term insurance rather than the more lucrative cash-value policies, relying instead on mutual funds and other financial products to build wealth.
- People unsure of whether a term policy, which provides only a death benefit, or a cash value policy, which includes certain investment benefits, works best for them should do some homework first.
- Canceling or trading in a traditional cash-value policy in the first couple of years means throwing that money away because much of those early premiums are used to pay the agent's commission.
- For example : when a television is covered by a replacement cost value policy, the cost of a similar television which can be purchased today determines the compensation amount for that item.
- In 2008, Mikael Rothstein, author and professor of religious history at the University of Copenhagen, was highly critical of DR when it issued a Christian values policy, declaring that Muslims would feel excluded.
- They defend the treatment as justified because whole life insurance helps promote long-term savings and the death benefits provided under both term and cash-value policies help keep families off the public dole if a breadwinner dies.
- The biggest complaint in Parry's lawsuits against Prudential is that many of its agents " churned " insurance policies solely to generate new commissions by persuading customers to unnecessarily replace existing cash-value policies with new ones.