Sentences with phrase «life insured towards»

«Guaranteed 48 hours Fund Value release» means release of the cheque on intimation of death of Life Insured towards the Fund Value accrued under your policy, in the beneficiary's name within 48 hours and does not in any way indicate acceptance of any other policy liability.

«Guaranteed 48 hours Fund Value release» means release of the cheque on intimation of death of Life Insured towards the Fund Value accrued under your policy, in the beneficiary's name within 48 hours and does not in any way indicate acceptance of any other policy liability.

Not exact matches

A certain chunk of your life insurance investment will be channeled towards insuring your life while the other part will be invested in different plans of your choice on your behalf.

Depending upon the age and the amount of cover, the charges levied towards providing life insurance cover to the insured are called as Mortality Charges

Final expense life insurance policies are typically geared towards paying for an insured's funeral and other final expenses, such as a burial plot, headstone, flowers, and memorial service (although they do not have to be).

One reason for this is because the insured on a universal life policy can, within certain guidelines, allocate the amount of his or her premium that will go towards the death benefit and the amount that will go towards the cash value portion.

Presenting, Reliance Nippon Life Traditional Group Employee Benefits that provides you with Gratuity and Leave Encashment benefits fund management services to meet your liabilities towards your employees based on your Scheme Rules, along with life cover to insure your employees against future contingencLife Traditional Group Employee Benefits that provides you with Gratuity and Leave Encashment benefits fund management services to meet your liabilities towards your employees based on your Scheme Rules, along with life cover to insure your employees against future contingenclife cover to insure your employees against future contingencies.

A term plan is the cheapest life insurance product because everything that one pays (entire premium amount) goes towards covering only the life of the insured.

In the event of an accident to the Aircraft in which the Insured Person is traveling as a fare paying passenger and the body of the Insured Person can not be located within 365 days from the date of such accident, then a compensation of 100 % of the Sum Insured for Death Cover towards loss of life.

In this plan if the Life Insured, i.e. the parent dies or is diagnosed by a critical illness within the policy tenure, the nominee, i.e. the child would receive the Sum Assured in a lump sum to address the immediate needs of the family and the future premiums would be paid by the company either towards the fund or to the beneficiary.

While the insured person is alive, life insurance policies continue to take in money against the eventual payout, building value towards the eventual time when the cash value of the policy is due.