Take a look at the illustrations - they should have a "caveat" similar to this. Guaranteed Contract The guaranteed Accumulated Value is equal to the net amount of premiums accumulated Values and Benefits: at the minimum guaranteed interest rate of 2.00% for ten years since receipt of premium and 3.00% thereafter. The Withdrawal Value is equal to the Accumulated Value, less any applicable Withdrawal Charges. Non-Guaranteed Contract Values and Benefit: The non-guaranteed portion of the illustration assumes higher interest rates than guaranteed. Each premium payment assumes interest is credited at 3.50% (with an interest rate bonus of 3.75% that will be credited for the first year only). This is not likely to occur. Actual results may be more or less favorable than those illustrated. Interest rates illustrated will not be less than the Minimum Guaranteed Interest Rate at any given duration. The non-guaranteed Accumulated Value is equal to the net amount of premiums accumulated at the interest rates described. The Withdrawal Value is equal to the Accumulated Value, less any applicable Withdrawal Charges.
Current is based on todays rates, guaranteed is a minimum rate. Look at the guaranteed side as worst case scenario. You really should have had this explained to you by your agent. Fire him. 4lifeguild
GAP Insurance is not a specific company. GAP or Guaranteed Auto Protection is a type of insurance that covers the difference between the cash value of a vehicle and the balance still owed on financing for that vehicle.
difference of motor and marine insurance
What is the difference between voluntary life insurance and life, ad/d?
There is no difference.
Difference between h03 and h05 home owners insurance?
individual insurance is for you, business insurance is for your business
the difference between a warranty and insurance, is a warranty is when you can return it to either get another or to just return it. insurance is when you have coverage over the object or living being.
Yes, Saga Insurance has guaranteed life insurance policies. You must live in the U.K. and they specialize in covering people between 50 and 85. When you visit their Website and you click insurance you may not see the guarantee life policy options. You will have to click on the small word "Home" under the word Saga and then run your pointer over "Insurance" next the word Saga, when you do this a bunch of insurance options will show up then click "Guaranteed Life Insurance" and you will find all you need to know about their services. Or go to saga.co.uk/money/guaranteed-life-insurance.aspx
Variable is a scurity and has risk. Whole life is all guaranteed. If you are considering between the two you should be sitting down with an agent that is a Registered Rep and licensed to sell securities! This is never something that should be done on your own or over the internet!
One is guaranteed to have no microorganisms on it inside the sterile packaging, the other is clean but is not guaranteed to have no microorganisms on it.
the difference between a proposer and the insured is that a proposer is a person or an entity who is seeking insurance and an insuerd is someone or an entity covered by an insurance policy
The difference between indirect and direct quote life insurance is that the insurance level will differ. Direct is when someone dies, indirect involves other factors.
The main difference between children's and adults health insurance is that children may be eligible for low- or no-cost insurance through Medicaid or the Children's Health Insurance Program.
your not covered for damages
Usually the only difference between accidental death life insurance and regular life insurance is the name, although sometimes an accidental death life insurance will pay out more money if the death is accidental.
There isn't a real difference between life annuity and an insurance annuity. Both are a form of life insurance and deal with the same issues. I would go with either one.
There is no difference. These are just two different terms referring to the same thing.
No difference. It's the same thing
The difference between term life insurance and whole life insurance is that a term policy covers the insured for a "term of years" whereas a whole insurance policy covers the insured for the entire life period.
difference between third party liability and public liability
Homeowners insurance is often referred to as Hazard Insurance. They are the same thing.
The key difference between life insurance and whole life insurance is that regular life insurance carries a fixed term while whole life insurance covers one's entire lifetime. Whole life insurance also accumulates a cash value that one can borrow money against.