Sentences with phrase «5th years of policy»

After the policy is surrendered the total fund value is transferred to the discontinued policy fund and it is only payable after the completion of 5th years of policy term.

Let's say, Rajesh passes away in the 5th year of the policy purchase, the insurance company will pay Rs. 1 crore to the nominee, Savitri, the surviving partner.

IRDA has capped these charges from the 5th year of a policy.

Not every 5th year of the policy, but by age.

Not exact matches

Mr. Comey will be one of the keynote speakers at this year's 5th Annual Canada 2020 Conference, an annual gathering of Canada's progressive policy community.

Come October 5th at approx 4 pm after the away game at the Chavs when we have been humiliated again Wenger will use the same old excuses, why do the media not ask him about his poor transfer policy and his lack of tactical awareness.time for le fraud at 8m a year to be put into retirement.

* This article originally reported that for the first year of this new policy, 5th - year postdocs would still be eligible.

Survival Benefit — 10 % of the chosen base sum assured is paid out on the completion of the 5th policy year up to 9th policy year.

Kindly note that if you discontinue now, you will get the fund value after adjusting for some expenses at the end of the 5th policy year only.

* Policy Exception: Date Change Requests on booking done for stay between Christmas & New Year (December 19th to January 5th) and Easter Holiday (Holy Thursday, Good Friday, Easter Sunday & Monday) will be subject to the following changes in the above policy: 61 - 89 days prior to arrival date, guest will be subject to a US$ 450.00 rescheduling fee; 60 days or less will NOT be entitled to any change of date Policy Exception: Date Change Requests on booking done for stay between Christmas & New Year (December 19th to January 5th) and Easter Holiday (Holy Thursday, Good Friday, Easter Sunday & Monday) will be subject to the following changes in the above policy: 61 - 89 days prior to arrival date, guest will be subject to a US$ 450.00 rescheduling fee; 60 days or less will NOT be entitled to any change of date policy: 61 - 89 days prior to arrival date, guest will be subject to a US$ 450.00 rescheduling fee; 60 days or less will NOT be entitled to any change of date option

In addition to providing a return of premium option at the end of the term period, most ROP term policies build a cash value beginning at the end of the 5th policy year.

In case of Rahul's unfortunate death during the 5th policy year, his nominee will receive the Sum Assured of Rs. 2,50,000 as Death Benefit.

Once Mr. Vikash filed a claim at the end of the 5th year, the sum assured will be locked in at 15 lakhs without any further indexing for the remainder of the policy term.

The plan allows partial withdrawal of funds from 5th policy year onwards to meet any financial requirements or emergencies

If the surrender takes place during the 4th or 5th policy year, the policyholder is eligible for 98 per cent of the policy balance available in his or her account.

Scenario II: In case of Rohan's unfortunate demise during the 5th policy year, Death Benefit amount payable is Rs. 428,744.

What is the approximate amount of money i may expect if I surrender this policy after payment of the 5th year premium in Feb 2016?

If the Life Assured dies in the 5th year from the inception of the policy, the effective sum assured is Rs. 1.25 crore @ 5 % p.a.

Receive guaranteed loyalty additions as a reward for staying invested in the plan at the end of the 5th policy year and every 5 years thereafter.

As the name suggests, the plan pays you back a fixed percentage of the basic sum assured say 15 - 20 % called Survival Benefits at certain policy milestones say 5th, 10th, 15th year during a policy term of 15 years.

In case of any unfortunate event, if the husband dies in the 5th year from the inception date of the policy issuance during the policy period, the surviving partner will receive the sum assured of Rs. 1 crore as a lumpsum.

Survival benefit is paid @ 20 % of SA in the 3rd and 6th policy year for the 9 - year term, in the 4th and 8th policy year for the 12 - year term and in the 5th and 10th policy year for the 15 - year term plan.

In case of unfortunate death of Gautam during the 5th policy year, his son Arnav, who is the nominee, will receive Rs 3,00,000 (Guaranteed Maturity Benefit).

Scenario 2: If he survives the policy term he would be getting paid 20 % of the Sum Assured, which is rupees 40,000, at the end of completing each of the 5th, 10th and 15th year.

The company pays to the survivor, survival benefits after completion of every five years of completion of policy till the 20 th policy year, i.e. the company pays survival benefits on the 5th, 10th, 15th and 20th policy years.

When a customer surrenders a policy any time after the fourth policy year, there is no surrender charge and they will receive 100 % of the fund value at the end of the 5th policy year.

These will be added from the end of 5th policy year and then every 5 years thereafter

Kindly note that if you discontinue now, you will get the fund value after adjusting for some expenses at the end of the 5th policy year only.

It is added each year from the end of 5th policy year.

The claw - back addition, if required, are added to the fund value that ensures compliance with the regulatory criteria of maximum reduction in yield from 5th policy year onwards.

It is added at the end of the 10th policy year and every 5th policy year thereafter till maturity / vesting of the policy.

o Increasing Cover: Under increasing cover option the sum assured increases by 10 % of the base sum assured at the rate of 10 % simple interest after every 5th policy year.

It is added at the end of each policy year, starting from the end of the 5th 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, respectPolicy 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, respectpolicy 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, respectpolicy year / 6th to 10th policy year / 16th policy year onwards, respectpolicy year / 16th policy year onwards, respectpolicy year onwards, respectively.

It is added at the end of each policy year, starting from 5th policy year.

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, respectPolicy 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, respectPolicy 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, respectpolicy year / 6th policy year onwards, respectpolicy year onwards, respectively.

Scenario B: Guatam dies during the Term of the Policy In the event of demise of Gautam during the 5th policy year, his son (nominee) will receive a Guaranteed Maturity Benefit of Rs 3,0Policy In the event of demise of Gautam during the 5th policy year, his son (nominee) will receive a Guaranteed Maturity Benefit of Rs 3,0policy year, his son (nominee) will receive a Guaranteed Maturity Benefit of Rs 3,00,000.

You can withdraw money after completion of 5th policy year.

Sum Assured during 1st to 5th policy year is 100 % of initial sum assured.

iii) Increasing Cover: In this option the basic sum assured is increased by 10 % (@simple rate and NOT compound rate) at the end of every 5th policy year, without any increase in annual premium.

Protector Plus offers you the option to increase the sum assured by 5 % or 10 % every year and ePreferred Term offers you to increase the sum assured at certain important events like buying a new house, marriage, child birth, 3rd and 5th policy anniversary etc. and at a later stage of life when your financial liabilities and financial responsibilities have reduced you can even reduce the cover.

In case of Life Assured surviving to the end of the specified durations 15 % of the Basic Sum Assured at the end of each of 5th, 10th, 15th & 20th policy year.

Partial Withdrawal is allowed after completion of 5th policy year onwards with a minimum partial withdrawal amount allowed is Rs 10,000.

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 onwPolicy 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 onwpolicy year), 0.07 % increasing at 5 % per annum (6th policy year onwpolicy year onwards).

4 annual payouts of 2 times the annual premium shall be payable each year for four years starting from the end of 5th year after the end of policy term.

Non-Zero Positive Residual Addition may be added at the end of each policy year starting from 5th policy year.

Scenario B: Rajesh dies during the Term of the Policy In the event of Rajesh's death at the end of the 5th policy year, the death benefit is the Sum Assured payable immediately and all future premiums are wPolicy In the event of Rajesh's death at the end of the 5th policy year, the death benefit is the Sum Assured payable immediately and all future premiums are wpolicy year, the death benefit is the Sum Assured payable immediately and all future premiums are waived.

You have the option to withdraw from your IPA on completion of 5th policy year.

He will receive 4 annual payouts of Rs 40,000 each year for four years starting from the end of 5th year after the end of policy term.

Policy Administration Charge: The policy administration charge is 0.46 % per month of the annual premium is deducted monthly from 1st to 5th policyPolicy Administration Charge: The policy administration charge is 0.46 % per month of the annual premium is deducted monthly from 1st to 5th policypolicy administration charge is 0.46 % per month of the annual premium is deducted monthly from 1st to 5th policypolicy year.