Entry Age: the age of the Life
Insured at the commencement of the Policy.
Entry Age - the age of the Life
Insured at the commencement of the Policy.
Entry Age: the age of the Life
Insured at the commencement of the Policy should be between 18 to 65 years of age.
Entry Age: the age of the Life
Insured at the commencement of the policy should be between 18 and 60 years of age.
Not exact matches
With respect to debts or liabilities incurred for necessaries furnished the
insured after the
commencement of disability, the exemption shall not include any income payment benefits payable as a result of any disability of the
insured, and with respect to all other debts or liabilities incurred after the
commencement of disability of the
insured, the exemption of income payment benefits payable as a result of any disability of the
insured shall not
at any time exceed payment
at a rate of four hundred dollars per month for the period of such disability.
It is the sum
insured and is fixed
at the
commencement of the policy period for each
insured vehicle.
Permanent country of residence means that country in which the
insured person has his / her principal place of residence and in which country the
insured person has been resident in for
at least 6 of the 12 months prior to
commencement of a period of travel.
The
Insured's Declared Value (IDV) of the vehicle will be deemed to be the «SUM INSURED» and it will be fixed at the commencement of each policy period for each insured v
Insured's Declared Value (IDV) of the vehicle will be deemed to be the «SUM INSURED» and it will be fixed at the commencement of each policy period for each insured v
Insured's Declared Value (IDV) of the vehicle will be deemed to be the «SUM
INSURED» and it will be fixed at the commencement of each policy period for each insured v
INSURED» and it will be fixed at the commencement of each policy period for each insured v
INSURED» and it will be fixed
at the
commencement of each policy period for each
insured v
insured v
insured vehicle.
If the Life
Insured person commits suicide within a year of the policy
commencement only the Total Fund Value in the unit account as
at the time of demise, would be refunded.
In case of temporary total disablement, the company will pay a sum
at the rate of 1 % of the capital sum
insured stated in the schedule as existing at the inception of the plan per week, however the same will not exceed Rs 5000 / - per week under all plans and also provided that the compensation shall not be payable for more than 104 weeks with respect to any one injury calculated from the date of commencement of the disablement and under no case the same will exceed the Capital Sum I
insured stated in the schedule as existing
at the inception of the plan per week, however the same will not exceed Rs 5000 / - per week under all plans and also provided that the compensation shall not be payable for more than 104 weeks with respect to any one injury calculated from the date of
commencement of the disablement and under no case the same will exceed the Capital Sum
InsuredInsured.
At the
commencement of the Policy, the Life
Insured has a choice to pick any one of the following Death Benefit Payout options:
Co-pay applies, in case the
insured person is aged over 55 years at commencement of the policy, continuous coverage incepts in the policy, who does not have 4 years of continuous policy coverage, company pays 80 % of the admissible claim amount, or Sum Insured whichever is less will b
insured person is aged over 55 years
at commencement of the policy, continuous coverage incepts in the policy, who does not have 4 years of continuous policy coverage, company pays 80 % of the admissible claim amount, or Sum
Insured whichever is less will b
Insured whichever is less will be paid.
E.g. 1) if life
insured is 5 years age, then
commencement of risk is
at the age of 7 years of the life
insured (2 years completed).
Where the life to be
insured is a minor
at the date of
commencement of policy, there shall be a proposer to propose Life Insurance cover on the life of the minor.
Date of
commencement of risk: In case the age
at entry of the life
insured is less than 8 years, the risk cover is available either one day before the completion of 2 years from the date of
commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlier.
IDV is considered as the sum
insured and it is fixed
at the
commencement of each policy period for a motor vehicle.
In accordance with Section 45 of the Insurance Act, 1938, «No policy of life insurance effected before the
commencement of this Act shall after the expiry of two years from the date of
commencement of this Act and no policy of life insurance effected after the coming into force of this Act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the
insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policy - holder and that the policy - holder knew
at the time of making it that the statement was false or that it suppressed facts which it was material to disclose: