Bank of Nova Scotia (NYSE:BNS) posted its earnings results on Tuesday, February, 28th. The company reported $1.19 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.57 by $0.38. The business had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.89 billion.
Policies are most valueable and most likely to be purchased when. 1  The policy holder is 60+ years old. 2  The policy holder has health impairments. 3  The face amount of the policy is $100,000.00+.
The other part adds to the cash value. If you buy a permanent life insurance policy when you're still young, the majority of your premium payment will go toward the cash value. As you get older, more and more of your premium will start going toward the benefit value. In a whole life policy â a kind of permanent life insurance â your premiums don't increase. This means that the cash value grows more slowly as you get older. As your cash value builds, you can draw money from it. This is usually done in the form of a loan against the policy's cash value. You can also withdraw money under some circumstances â but this may reduce the benefit value of the policy. The cash value in your policy draws interest â usually about 6% a year.