Sentences with phrase «additional cover equal»
Not exact matches
And if you're an option - seller, either with cash - secured puts or covered calls, then the additional volatility of the equal weighted indices can be turned from a disadvantage into an advantage.
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The reason for this, is that selling below average variable costs results in losses that are higher than when not selling at all; because when not selling at all, the loss equals the fixed costs and when selling below average variable costs means an additional loss for each unit sold, whereas the fixed costs are still not covered at all.
As an example, if a company applies for a large insurance policy equaling $ 20 million and an insurance company is only able to cover a single loss up to $ 10 million, the insurer will purchase additional insurance from a reinsurer for the remaining $ 10 million to adequately cover the applicants $ 20 million request.
The employer pays for the policies via a pay raise to the employee (s) equal to the policy premium, and in some cases an additional bonus to cover the income tax on this additional pay.
Comprehensive life insurance coverage — Get coverage of 10 times the annualised premium (for Limited and Regular Pay options) of base policy and get additional life cover, equal to sum of all future premiums payable under the policy till the age of 60 years, with Partner Care Rider.
Offers an additional life cover which is same as equal to the sum assured in case of accidental death
For marriage, additional life cover equal to 50 % of the original life cover is paid, subject to a maximum of INR 50,00,000
On birth or legal adoption of second child, additional life cover equal to 25 % of the original life cover is paid, subject to a maximum of INR 25,00,000
Comprehensive Life Insurance Coverage — The customer may get coverage of 10 times the annualized premium (for Limited and Regular Pay options) of base policy and get additional life cover, equal to sum of all future premiums payable under the policy till the age of 60 years, with Partner Care Rider.
In this case, you can take an additional life cover through a term plan equal to the amount of home loan.
In case of accidental death, additional amount equal to Sum Assured along with Sum Assured + Bonus + Final Addition Bonus (Accidental Life Cover) will be paid to nominee.
In case of accidental death, additional amount equal to sum assured is also added death claim amount, the calculation is indicated as Accidental Life Cover.