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+.
As the cash value accumulates over the years, the amount of your actual insurance coverage is reduced by an equal amount. For example, say you buy a $100,000 policy at age 30. Since you have no cash value in the beginning, you are paying for $100,000 of insurance coverage. If you have $10,000 of cash value by age 40, you'll then be paying for $90,000 of coverage.