Sentences with phrase «1st year premiums»

Is it all in your best interest or will it genertate new 1st year premiums for your agent?
My father had paid only 1st year premium (1lac + 1 lac + 50k = total 2.5 lacs for 1st year) on all the 3 policies and per this policy if at least 1st year premium is paid the policy gets paid up (usually its 3 but for this policy it is at least 1 year).

Not exact matches

It was just about a year ago that Square Enix announced a proper sequel to their mobile - exclusive premium RPG Final Fantasy Dimensions, known as Final Fantasy Legends in Japan, and it was just last Friday that they announced that the game would be launching on November 1st.
I had already paid 6 years premiums (around 2lacs till date) and next 7th year 1st premium is due on May 2018.
It was just about a year ago that Square Enix announced a proper sequel to their mobile - exclusive premium RPG Final Fantasy Dimensions, known as Final Fantasy Legends in Japan, and it was just last Friday that they announced that the game would be launching on November 1st.
For most life insurance shoppers, term life is the best option, says Todd Juliano of 1st Option Insurance in Jacksonville, FL. «For the overwhelming majority of situations, a 10 - to 30 - year level - premium term policy is sufficient,» he says.
By age 37, you have paid 21,798 + 21,798 x (1 +12 %) + 21,798 x (1 +12 %) x (1 +12 %) = 73,555, i.e. returns for 2 years on 1st premium, for 1 year or 2nd premium,... and so on.
The insurance company will pay the guaranteed surrender value to the policyholder of 30 % of the total premium1st year's premium.
According to IRDA, there is a commission to be paid along with service charges to continue the post sale services of the policy under CSC and the maximum commission would 5 % of the premium paid which is to be submitted only for the 1st year and nothing to be deposited from 2nd year onwards.
It is 30 % of all premiums paid — 1st year's premium after 3 policy years for Regular Premiums and (90 % of Single Premium) after the first polipremiums paid — 1st year's premium after 3 policy years for Regular Premiums and (90 % of Single Premium) after the first poliPremiums and (90 % of Single Premium) after the first policy year.
Get 8 %, 9 % & 10 % Fixed Regular Addition of Annualized Premium, respectively in 1st year, 2nd year and 3rd year, onwards (Provided all due premiums have been paid in full)
Premium Allocation Charge: It is 4 % of the premium for 1st year for both 5 pay, Single Pay and regular pay.
It is 2 % for top - up premium and for regular premium - yearly mode, it is 8.5 % / 5 % / 2 % during 1st policy year for the annualized premium of Rs 50,000 to 99,999 / Rs 1,00,000 to Rs 1,99,999 / Rs 2,00,000 to Rs 2,99,999 respectively.
For Single Premium pay policies, when single premium is less than Rs 5 Lacs, the Premium Allocation Charge is 2 % during the 1st policy year and when single premium is equal to or more than Rs 5 Lacs, the Premium Allocation Charge is 1 % levied during the 1st policy year.
When annual premium is equal to or more than Rs 5 Lacs, the Premium Allocation Charge is 2 % for 1st to 5th policy year, respectively.
For Platinum Option, the Policy administration charge is 3 % / 2.45 % of annualized premium for 1st policy year / 2nd policy year onwards, respectively.
Policy Administration Charge: For Gold Option, the Policy administration charge is 3.75 % / 2.85 % of annualized premium for 1st policy year / 2nd policy year onwards, respectively.
For single premium payment policies, surrender value can be acquired anytime from 1st policy year.
Policy Administration Charge: The policy administration charge is 0.42 % / 0.83 % / 0.83 % per month of the annual premium is deducted monthly for 1st to 5th policy year / 6th to 10th policy year / 16th policy year onwards, respectively.
Policy Administration Charge: The Policy administration charge is 4.5 % / 4.20 % of annualized premium, subject to a maximum of Rs 6000 per annum for 1st to 5th policy year / 6th policy year onwards, respectively.
The premium allocation charge is 5.25 % / 2 % for 1st policy year / 2nd policy year onwards, respectively.
The premium allocation charge for 1st policy year is 7 % / 6 % / 4.5 % for Band 1 / Band 2 / Band 3, respectively.
For regular / limited premium, PAC is 2.5 % during 1st to 5th policy years.
For single premium payment option, it is 4 % for 1st policy year.
In case the policy is issued on or after 1st April 2013, and the insured is suffering from disability or disease, then the limit of premium payment during a year is up to 15 % of the sum assured amount.
The Premium Allocation Charge is 3 % / 2.5 % / 2 % / 0.5 % during the 1st policy year for the single premium of Rs 50,000 to 99,999 / Rs 1,00,000 to 4,99,999 / Rs 5,00,000 to 9,99,999 / Rs 10,00,000 & above, respectively.
For regular / limited premium payment option, it is 8.5 % / 5.7 % for 1st policy year / 2nd to 5th policy year, respectively.
However any sum (not including the premium paid by the assessee) received under an insurance policy issued on or after the 1st day of April, 2003 in respect of which the premium payable for any of the years during the term of the policy exceeds 20 % of the actual capital sum assured will no longer be exempted under this section.
Policy term is for 20 years, subsequently it will continue next 12 years as I got 12 policies, one of my relative is a LIC agent so blindly I took it, I paid one premium 28900 (as 15 % discount in 1st year), Can you please suggest me if I should drop at this point of time / should continue till 3 years to get withdraw this paid amount.
It has 7.5 % premium allocation charges for 1st year and later at 5 % and 3 %.
However the policy is surrendered after paying 1st or 2nd year's premium, there is Early Termination Value that is paid since the policy does not accrue any Surrender Value.
Guaranteed Surrender Value is (30 % of all premiums paid — 1st year's premium) after 3 policy years for Regular Premiums and 90 % of Single Premium after 1 polipremiums paid — 1st year's premium) after 3 policy years for Regular Premiums and 90 % of Single Premium after 1 poliPremiums and 90 % of Single Premium after 1 policy year.
4 annual payouts of 1.5 times the annual premium shall be payable each year for four years starting from the end of 1st year after the end of policy term.
The premium allocation charge is 7.5 % / 5 % / 3 % during the 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.
For limited premium, the premium allocation charge varies from 9 % to 3 % from 1st to 10th policy year, depending on the chosen premium pay term.
Policy Administration Charge: For single pay policies it is 0.12 % of single premium (1st to 5th policy year), 0.07 % increasing at 5 % per annum (6th policy year onwards).
For regular premium, the premium allocation charge varies from 9 % to 3 % from 1st to 10th policy year.
Policy Administration Charge: The policy administration charge is 0.46 % per month of the annual premium is deducted monthly from 1st to 5th policy year.
PAC is 2 % for top - up premium, for regular premium, it is 9 % / 7 % / 6 % / 2 % during the 1st / 2nd / 3rd to 10th / 11th policy year onwards, respectively.
For five pay / regular pay (annual mode), the premium allocation charge is 4 % / 2 % for 1st to 5th policy year / 6th policy year onwards, respectively.
For single premium pay policies, it is 0.2 % of single premium for 1st to 5th policy year.
Policy Administration Charge: Policy administration charge is 0.05 % per month on the annualized premium during 1st to 5th policy years.
Policy Administration Charge: The Policy administration charge is 1 % / 0.75 % of the single premium, subject to a maximum of Rs 6,000 p.a / Rs 4,000 p.a levied for 1st policy year / 2nd to 5th policy year respectively.
Policy Administration Charge: For the 1st policy year, the Policy administration charge is 0.13 % per month of the total premiums paid.The charge will be deducted monthly, subject to a maximum of Rs 500 per month.
Policy Administration Charge: Policy administration charge is 0.05 % per month on the annual premium during 1st to 5th policy years.
For regular / limited pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.
The premium allocation charge is 5 % / 3.5 % for 1st policy year / 2nd to 5th policy year, respectively.
For single premium pay policies, it is 0.18 % from 1st to 5th policy year.
Policy Administration Charge: Policy administration charge is 0.05 % per month of the annualized premium during 1st to 5th policy years.
For annual premium band of Rs 2,50,000, the premium allocation charge is 4.50 % / 4 % for 1st & 2nd policy year / 3rd policy year onwards, respectively.
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