Sentences with phrase «assured under your life insurance policy»
For example, imagine that the Sum Assured under your life insurance policy is Rs. 30 lakhs and the annual premium you pay is Rs. 1.5 lakhs.
https://www.maxlifeinsurance.com/ Not exact matches
In a life insurance policy, sum assured comes under Star Union Dai ichi Assured Income Plan rassured comes under Star Union Dai ichi Assured Income Plan rAssured Income Plan returns.
This duty places a responsibility on the life assured to declare in utmost good faith, all material facts impacting the risk under the insurance policy.
Life Insurance is an agreement between an insurance company and a policyholder, under which the insurer guarantees to pay an assured some of the money to the nominated beneficiary in the unfortunate event of the policyholder's demise during the term of thInsurance is an agreement between an insurance company and a policyholder, under which the insurer guarantees to pay an assured some of the money to the nominated beneficiary in the unfortunate event of the policyholder's demise during the term of thinsurance company and a policyholder, under which the insurer guarantees to pay an assured some of the money to the nominated beneficiary in the unfortunate event of the policyholder's demise during the term of the policy.
Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the policyholder's family on his demise during the policy term.
The life insurance coverage is defined as the sum assured that you buy under the policy.
So, if you're buying a life insurance policy under the MWPA for the benefit of your wife and children, the sum assured will always be their property.
Also, the rider Sum Assured shall not exceed the Sum Assured under the base individual life insurance policy / ies to which this rider would be attached.
Any benefit as sum assured received under a life insurance policy including the bonus amount is exempted from the tax deduction.
Under the guidelines of IRDA, if a person aged less than 45 years buy a life insurance policy of 10 years tenure then the sum assured will be 10 times the yearly premium.
All life insurance premium paid under a money back policy qualifies for tax deductions under section 80C of the Indian Income Tax Act, up to the specified limit, as long as the premium is less than 10 % of the sum assured.
Under this plan, if the life assured is deceased during the term of the policy, the life insurance cover double folds itself.
Select an Adequate Sum Assured and Avoid Being Under - Insured There are no strict rules but a general assumption of people that sum assured for life insurance policy should be 8 to 12 times your present annual Assured and Avoid Being Under - Insured There are no strict rules but a general assumption of people that sum assured for life insurance policy should be 8 to 12 times your present annual assured for life insurance policy should be 8 to 12 times your present annual income.
(The rider benefit shall not exceed the Sum Assured under the base individual life insurance policy to which this rider would be attached.
Tax Benefit: Most of the Life insurance policies give you the benefit of tax deduction on premium payment and Tax - Free sum assured under Section 80 C and 10 (10) D of the Income Tax Act, respectively.
In a life insurance policy, sum assured comes under IndiaFirst Guaranteed Retirement Plan returns.
A Term plan with Return of Premium is a contract between the applicant and the Life Insurance Company, under which the applicant agrees to pay a certain amount of money (Premium) per year for a fixed period in order to receive a guaranteed amount of money (Sum assured) in the event of his death during the policy term, payable to his nominee (any family member).
The maximum aggregate limit of assurance under all policies including policies with in - built Accident Benefit taken with Life Insurance Corporation of India under individual policies as well as group policies on the same life to which following benefits apply shall not in any event exceed Rs. 100 lakhs of Accident Benefit Sum AssuLife Insurance Corporation of India under individual policies as well as group policies on the same life to which following benefits apply shall not in any event exceed Rs. 100 lakhs of Accident Benefit Sum Assulife to which following benefits apply shall not in any event exceed Rs. 100 lakhs of Accident Benefit Sum Assured.
Since this term plan is for life, the insurance company has to pay the Sum Assured under the policy (unless the policyholder chooses not to renew the policy during his life) at some point.
In a life insurance policy, sum assured comes under Canara HSBC Smart Future Income Plan returns.
In a life insurance policy, sum assured comes under Edelweiss Tokio Group Employee Benefit returns.
His reason for taking insurance from more than 1 insurance cos are 1) restriction of sum assured offered by LIC under their two policies, which are taken on the life of his father and 2) personal reasons.
In a life insurance policy, sum assured comes under TATA AIA MahaLife Gold Plus returns.
In a life insurance policy, sum assured comes under LIC Jeevan Labh returns.
In a life insurance policy, sum assured comes under Reliance Future Income returns.
In a life insurance policy, sum assured comes under Reliance Term Plan returns.
In a life insurance policy, sum assured comes under Metlife Dhan Samriddhi returns.
In a life insurance policy, sum assured comes under LIC New Endowment Plan returns.
In a life insurance policy, sum assured comes under Max Life Forever Young Pension Plan retulife insurance policy, sum assured comes under Max Life Forever Young Pension Plan retuLife Forever Young Pension Plan returns.
In a life insurance policy, sum assured comes under ICICI Pru Immediate Annuity Plan returns.
In a life insurance policy, sum assured comes under Birla Sun Life Vision Endowment Plan retulife insurance policy, sum assured comes under Birla Sun Life Vision Endowment Plan retuLife Vision Endowment Plan returns.
In a life insurance policy, sum assured comes under Birla Sun Life Vision LifeSecure Plan retulife insurance policy, sum assured comes under Birla Sun Life Vision LifeSecure Plan retuLife Vision LifeSecure Plan returns.
In a life insurance policy, sum assured comes under Edelweiss Tokio Pension Plan returns.
In a life insurance policy, sum assured comes under Star Union Dai ichi Wealth builder returns.
In a life insurance policy, sum assured comes under Reliance Fixed Savings returns.
In a life insurance policy, sum assured comes under Bharti AXA Life eProtect Plus retulife insurance policy, sum assured comes under Bharti AXA Life eProtect Plus retuLife eProtect Plus returns.
In a life insurance policy, sum assured comes under Kotak Credit Term Group Plan returns.
In a life insurance policy, sum assured comes under Shriram New Shri Life Plan retulife insurance policy, sum assured comes under Shriram New Shri Life Plan retuLife Plan returns.
In a life insurance policy, sum assured comes under LIC New Group Leave Encashment Plan returns.
In a life insurance policy, sum assured comes under IDBI Federal Loansurance Group Insurance Plan SPinsurance policy, sum assured comes under IDBI Federal Loansurance Group Insurance Plan SPInsurance Plan SP returns.
In a life insurance policy, sum assured comes under HDFC SL ProGrowth Super II returns.
In a life insurance policy, sum assured comes under Kotak Premier Endowment Plan returns.
Under IRDA guidelines, for a life insurance product (for a person aged less than 45 years) with a policy term of 10 years or more, sum assured shall be at least 10 times annual premium.
In a life insurance policy, sum assured comes under TATA AIA iRaksha Supreme returns.
In a life insurance policy, sum assured comes under Canara HSBC eSmart Term Plan returns.
Suresh Agarwal, executive vice-president and head, distribution and strategic initiatives, Kotak Life Insurance, says policies that assure returns are designed to give a higher cover under a single plan.
In the case of life insurance policies, if the death benefit is not 10 times the annual premium, it will not be eligible for tax exemption under Section 10 (10 D) or Section 80 C. «The basic sum assured, without any bonus, has to be 10 times the premium to be eligible for exemption under both sections,» says Sanjeev Gokhale, a Mumbai - based chartered accountant.
In a life insurance policy, sum assured comes under Bajaj Allianz iSecure returns.
In a life insurance policy, sum assured comes under HDFC Life Single Premium Pension Super Plan retulife insurance policy, sum assured comes under HDFC Life Single Premium Pension Super Plan retuLife Single Premium Pension Super Plan returns.
In a life insurance policy, sum assured comes under DHFL Pramerica Future Idols Gold Plus returns.