Sentences with phrase «riya during any policy year»

If the premiums paid during any Policy Year exceed the maximum amount permitted under the GPT, we will return to you the excess amount.

At the end of the policy term the motorist receives a rebate of up to 50 % of their premium for lower mileage (in this case, a rebate up to $ 250 if they drive less than 10,000 kms), or their premiums can increase up to 50 % if they drive more than the current maximum (in this case, they could pay up to $ 750 if they drive 30,000 kilometers during the policy year).

For Pet insurance, the excess must be paid by you for each illness or injury that is treated during the Policy Year.

If you switch from one health plan to another during the policy year, the amount you had already paid toward your annual deductible in the health plan you had early in the year is not credited toward the annual deductible in the health plan you have later in the year.

The regain benefit provides automatic availability of basic sum insured upon exhaustion during the policy year.

Claim History: If you make no claim during your policy years, you can get discount which is called no claim bonus and it ranges from 10 % to 50 %.

It is defined as the number of times that you decide to pay premium during the policy year.

This feature allows an individual to reinstate the basic sum insured, in case he has already exhausted the basic sum insured and multiplier benefit during the policy year.

When the policy is discontinued during policy years of one to four, the holders of the policy would be charged in this range.

If you don't make any claim during the policy year.

The maximum claim limit during a policy year is limited to 10 % of Original Sum Insured and maximum claim limit during the policy term is limited to 30 % of Original Sum Insured for both Non-ICU and ICU benefits

Ans: The documents mentioned below are required while changing the company name during the policy year:

Convertible to a permanent policy during policy years 1 — 5, without the need to demonstrate insurability.

On acceptance of claim during any policy year, entire cumulative bonus earned shall be withdrawn in subsequent policy year.

In case of death during the policy year, the available Sum Assured is paid towards loan repayment thus taking care of your loan.

Switching charge: The policy allows 52 free switches during any policy year.

NCB (No Claim Bonus)-- Discount provided to the policy holder if he does not make any claim during the policy year.

If the death of the policyholder occurs during the grace period then the full sum assured will be paid to the beneficiary after the deduction of the premium due and all the premiums falling due during the policy year.

If you exhaust the entire sum insured during the policy year, the same will be re-0instated up to a maximum of 100 %.

Your Mahindra Bolero car insurance companies will reward you with a hefty bonus for counting zero claims during the policy year.

provides for an automatic availability of basic sum insured upon its exhaustion (inclusive of any cumulative bonus) during the policy year

Switching Charge: Unlimited switches are available during any policy year or throughout the policy term.

Partial Withdrawal: 2 free partial withdrawals are allowed during a policy year.

Switching Charge: You can avail 12 free switches during a policy year.

You can exercise this option up to 4 times during a policy year.

In the event of demise of Mr. Raman during any policy year, Rs 2 Lacs plus vested Simple Reversionary Bonuses and Final Additional bonus is payable as the death benefit to the nominee.

Partial Withdrawal: One free partial withdrawal is allowed during a policy year.

The minimum partial withdrawal amount is Rs 5,000 and the maximum limit for such withdrawal during a policy year should not exceed 25 % of the total fund value available at the beginning of the policy year.

Partial Withdrawal: A maximum of 2 partial withdrawals is allowed during a policy year.

There might be additional restrictions placed such as only one claim (ICICI iHealth Plus) during the policy year.

The insured can cancel the policy if there has not been any claims made during the policy year.

Annualized Premium is defined as the total premium payable during a policy year.

Insurance Company shall arrange and pay for a second opinion, on your request, from their medical panel for listed «Critical Illness» suffered during the policy year.

Less mortality charges and rider charges (if any) due during the policy year in which death occurs, which were not recovered already

Scenario B - Death Benefit: In the event of non-accidental death of Mr. Raman during any policy year, the higher of Base Sum Assured or 105 % of the single premium paid or the single premium fund value.

Scenario B - Death Benefit: In the event of his death during any policy year, the Death Benefit payable is higher of Sum Assured plus top - up premium, 105 % of the total premiums paid, Balance in your Individual Policy Account (IPA), or Total premiums paid.

Scenario B - Death Benefit: In the event of his death during any policy year, the Death Benefit payable is higher of Sum Assured on Death or Policy Account Value.

Scenario B - Death Benefit: In the event of death of Mr. Raman during any policy year, the higher of Sum Assured, 105 % of the regular premiums paid, or the regular premium Fund Value is payable to the nominee.

In the event of demise of Mr. Raman during any policy year, Rs 3 Lacs along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.

Premium Re-direction: 2 free premium redirections are allowed during a policy year.

Partial Withdrawal Charge: 1 free partial withdrawal is allowed during a policy year.

Premium Re-direction: 2 free premium redirections are available during a policy year.

In the event of demise of Mr. Raman during any policy year, the nominee will receive Death Sum Assured as equal monthly payouts.

You have the option to pay additional premium as Top - up Premium and you can exercise this option up to 4 times during a policy year.

In the event of demise of Mr. Raman during any policy year, the nominee will receive Rs 1.5 Lacs plus Accrued Reversionary Bonus plus Final Bonus.

Scenario B - Death Benefit: In the event of death of Mr. Raman during any policy year, higher of Basic Sum Assured less all Deductible Partial Withdrawals, 105 % of the Single Premium paid, or the Single Premium Fund Value is payable to the nominee.

In the event of demise of Mr. Raman during any policy year, the nominee will receive Rs 1 Lac plus Accrued Maturity Additions.

A maximum of 6 premium redirections is allowed during a policy year.

Scenario B - Death Benefit: In the event of his death during any policy year, the higher of Sum Assured plus Policy Account Value is payable or 105 % of the total premiums paid, as on the date of death.

In the event of demise of Mr. Raman during any policy year, the nominee will receive Death Sum Assured as a lump sum is payable.