Sentences with phrase «life insured due»

In case of Total Permanent Disability suffered by the life insured due to an accident either immediately or within 90 days from the date of Accident, the benefit payable to the nominee will be same as Death Benefit under the plan.The policy will terminate on occurrence of Accidental Total and Permanent Disability (ATPD).

In the event of death of the life insured due to accident, the lump sum accidental death benefit sum assured is payable.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in force.

In case of death of the life insured due to an accident, an additional 50 % of the Sum Assured will be payable to the nominee.

In the event of death of the life insured due to natural causes during the term of the policy, Sum Assured on Death plus accrued Reversionary bonuses and Terminal bonus is payable to the nominee.

In the event of death of Life Insured due to an accident, the Sum Assured under the Rider will be paid to the Policyholder / nominee in addition to the Sum Assured under the base policy and the rider will cease to exist.

In the event of death of the life insured due to an accident, an additional Basic Sum Assured is paid along with the Death Benefit.

In this case in the event of death of life insured due to accident Rs. 2 crore (Rs. 1 crore base sum assured + Rs. 1 crore accidental death benefit) will be paid.

In case of death of life insured due to actual or attempted suicide within 12 months No benefit is payable, except to the extent of a maximum of 90 % of single premium paid excluding any extra premium (in case of single premium policies).

a) Death Benefit (On death of life insured, sum assured is paid) or b) Death Benefit + Accidental Death Benefit (On death of life insured due to accident, sum assured is paid + additional amount is paid as «Accidental Death Benefit».

Some policies also offer riders to provide financial aid to the family in case of death of the life insured due to some accident.

BSLI Accidental Death Benefit Rider Plus (UIN: 109B023V01): In the unfortunate event of death of the life insured due to an Accident, within 180 days of occurrence of the accident, the nominee is provided with 100 % of the rider sum assured.

In case of death of life insured due to suicide within 12 months: i. From the date of inception of the policy, the nominee or beneficiary of the Policyholder shall be entitled to 80 % of the premiums paid excluding any payment for taxes and extra premiums, provided the policy is in force or ii.

Kotak Accidental Death Benefit Rider (Linked): In the event of the death of the life insured due to an accident, the rider pays the Rider Sum Assured in addition to the Death Benefit

Accidental death and disability benefit rider: Here, you will receive an additional sum assured in case of death of the life insured due to an accident

Accidental Death: In the case of the unfortunate event of death of the Life Insured due to an accident an additional amount will be paid to the nominee along with the sum assured.

Here, you will receive an additional sum assured in case of death of the life insured due to an accident

Accidental Death Benefit Rider — you will receive an additional sum assured in case of death of the Life insured due to an accident

This group life Accidental Death Benefit Rider offers better protection for the family, in case of loss of life of the Life Insured due to any sudden accident.

This non-linked and regular pay insurance rider provides 100 % Sum Assured in case of death of the Life Insured due to an accident, subject to the rider policy being in - force.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - force.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in force.

Not exact matches

An insured person can use these financial payments to cover the cost of any living expenses she incurs while unable to work due to illness or injury.

a. Death Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable taxes.

Maturity Benefit: In case the Life Insured survives till maturity and all due premiums have been paid till the date of maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum Assured.

Generally, if you receive the proceeds under a life insurance contract as a beneficiary due to the death of the insured person, the benefits are not includable in gross income and do not have to be reported; any interest you receive is taxable and you should report it just like any other interest received.

However due to the fact that people are living longer and need more savings to insure your lifetime financial support than previously.

Insurance Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of the insured.

In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payable.

All forms of home insurance also provide additional living expenses (ALE) coverage for the extra costs of living away from home if it is uninhabitable due to damage from an insured disaster.

Another benefit of term life insurance is that you will continue to be insured in the future as long as you meet the premium payments when due, regardless of any changes to your health, occupation or pastimes.

As mentioned earlier, due to the fact that two lives are insured instead of just one, it is less risky for the life insurance company.

Additional living expenses: If you're forced to evacuate your home, or are unable to live in it due to an insured loss, your tenant insurance policy will help offset the extra costs you'll face.

If you can't live in your home due to a fire, severe storm or other insured disaster, ALE pays the additional costs of temporarily living elsewhere.

The amount of money paid or due to be paid when a person insured under a life insurance policy dies, after adjustments for any outstanding policy loans, dividends, paid - up additions or late premium payments (if applicable) are made.

Three of the top factors used in evaluating a policy include the face amount (death benefit), the amount of premiums due each year on the policy, and the life expectancy of the insured.

a sweeping assumption that the different life expectancies of male and female insured persons, the difference in their propensity to take risks when driving and the difference in their inclination to utilise medical services — which merely come to light statistically — are essentially due to their sex.

The owner must provide written evidence from a licensed physician that the insured has been certified as; (1) Being unable to perform at least two activities of daily living for at least 90 days, as defined in the rider, or (2) Requiring substantial supervision due to severe cognitive impairment for at least 90 days, as defined in the rider.

Generally, for federal income tax purposes, life insurance proceeds due to the death of the insured are not taxable and don't even have to be reported on a federal income tax return.

Provides an accelerated death benefit if the insured is certified by a physician within the last 12 months as unable to perform two of six Activities of Daily Living (ADLs) for 90 consecutive days, or requires substantial supervision to protect himself or herself from threats to health and safety due to severe cognitive impairment.

Once an individual has been approved for a burial insurance plan with Americo, the premium will remain level throughout the life of the policy — and, provided that the premium continues to be paid, the coverage can not be canceled due to the insured's age or health status.

We could try and have you own a small whole life plan for funeral expense with her as the insured and you as the beneficiary, but that option has its challenges due to insurable interest.

Because this is a whole life insurance policy, the amount of the premium that is due is also locked in, not to increase — even as the insured gets older, and / or whether or not they contract an adverse health condition.

Waiver of Premium is an additional provision (sometimes also called a rider) in most Life Insurance policies which allows to stop paying premiums after the insured person has been disabled for a given period of time (usually six months) due to an illness or an injury.

A grace period provision is also defined within a life insurance policy that provided for a period of time, usually 30 or 31 days in which an insured must pay a premium payment beyond the date of which the premium is usually due, without losing coverage.

This benefit is often included with a policy's AD&D protection, but if it is separate, it pays an indemnity up to the covered amount if the insured loses their life or is critically injured due to a flight accident.

Life insurers can't risk insuring someone who may develop life - threatening health conditions due to smoking without charging them more, and a nicotine test helps them double chLife insurers can't risk insuring someone who may develop life - threatening health conditions due to smoking without charging them more, and a nicotine test helps them double chlife - threatening health conditions due to smoking without charging them more, and a nicotine test helps them double check.

All forms of home insurance also provide additional living expenses (ALE) coverage for the extra costs of living away from home if it is uninhabitable due to damage from an insured disaster.

The Max Life term plan has an inbuilt Accidental Death Benefit Rider which states that if the insured dies due to accident during the term of this Max Life term plan, an additional death benefit will be paid to the nominee.

Individuals may find whole life less attractive, due to the relatively high premiums, for insuring: