Sentences with phrase «death benefits payable directly»

Death benefits payable directly to beneficiaries, avoiding the delays and costs of probate court.

Not exact matches

Subject to terms and conditions of the master policy, the Death Benefit will be directly payable to the Master Policyholder to the extent of outstanding loan amount; Death Benefit amount in excess of outstanding loan amount (if any), will be paid to the nominee / appointee / legal heir of the Insured Member.

Other value addition benefit includes Double Accident benefit which offers an additional benefit equal to sum assured shall be payable if death is caused within 180 days of any bodily injury sustained directly and solely from an accident

The Accidental Death Benefit is payable if death occurs directly as a result of an accident and is intimated within 90 days of the occurrDeath Benefit is payable if death occurs directly as a result of an accident and is intimated within 90 days of the occurrdeath occurs directly as a result of an accident and is intimated within 90 days of the occurrence.