Sentences with phrase «special surrender value of the policy»

The policyholder can avail of a policy loan that is a maximum of 90 % of the Special Surrender Value of the policy at the end of the relevant policy year.

The plan offers a loan facility which is 90 % of the special surrender value of the policy at the end of the relevant policy year less any unpaid premiums for that year.

Not exact matches

The right of a judgment debtor to accelerate payment of part or all of the death benefit or special surrender value under a life insurance policy, as authorized by paragraph one of subsection (a) of one thousand one hundred thirteen of the insurance law [* see below], or to enter into a viatical settlement pursuant to the provisions of article seventy - eight of the insurance law, is exempt from application to the satisfaction of a money judgment.

The term «proceeds and avails», in reference to policies of life insurance, includes death benefits, accelerated payments of the death benefit or accelerated payment of a special surrender value, cash surrender and loan values, premiums waived, and dividends, whether used in reduction of premiums or in whatever manner used or applied, except where the debtor has, after issuance of the policy, elected to receive the dividends in cash.

If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.

After three policy years, the policy acquires Surrender Value, which is the higher of the Guaranteed Surrender Value and the Special Surrender Value If the policyholder fails to reinstate the lapsed policy within the revival period of two years from the date of the first unpaid premium, the policy is terminated.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policyPolicy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policypolicy's Special Surrender Value at the close of the relevant policypolicy year.

After the Premium payment term, if the whole premiums have been paid by the insured under Option B or Option C a special Surrender Value is payable on surrender of thSurrender Value is payable on surrender of thsurrender of the policy.

Policy Termination or Surrender Benefit: If the policyholder wishes to surrender the policy then the company pays the higher of Guaranteed Surrender Value or Special Surrender Policy Termination or Surrender Benefit: If the policyholder wishes to surrender the policy then the company pays the higher of Guaranteed Surrender Value or Special SurrendSurrender Benefit: If the policyholder wishes to surrender the policy then the company pays the higher of Guaranteed Surrender Value or Special Surrendsurrender the policy then the company pays the higher of Guaranteed Surrender Value or Special Surrender policy then the company pays the higher of Guaranteed Surrender Value or Special SurrendSurrender Value or Special SurrenderSurrender Value.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policyPolicy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policypolicy's Special Surrender Value at the year end of the relevant policypolicy year.

The policyholder is paid a higher of, Non-Guaranteed Special Surrender Value or the Guaranteed Surrender Value, if he decides to surrender hiSurrender Value or the Guaranteed Surrender Value, if he decides to surrender hiSurrender Value, if he decides to surrender hisurrender his policy.

The Special Surrender Value shall be the best - estimated policy value at the time of sSurrender Value shall be the best - estimated policy value at the time of surreValue shall be the best - estimated policy value at the time of surrevalue at the time of surrendersurrender.

The surrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of thsurrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of the povalue shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of thSurrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of the poValue (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of thSurrender Value (SSV) will be payable at any time of surrenderthroughout the term of the poValue (SSV) will be payable at any time of surrenderthroughout the term of the policy.

The SBI Shubh Nivesh policy loan is limited to a maximum of 90 % of the Special Surrender Value (SSV).

The surrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of thsurrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of the povalue shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of thSurrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of the poValue (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of thSurrender Value (SSV) will be payable at any time of surrender throughout the term of the poValue (SSV) will be payable at any time of surrender throughout the term of thsurrender throughout the term of the policy.

The Surrender value is the higher of guaranteed surrender value or special surrender value.Surrender value is payable on payment of all due premiums for at least 3 full poliSurrender value is the higher of guaranteed surrender value or special surrender value.Surrender value is payable on payment of all due premiums for at least 3 full polisurrender value or special surrender value.Surrender value is payable on payment of all due premiums for at least 3 full polisurrender value.Surrender value is payable on payment of all due premiums for at least 3 full poliSurrender value is payable on payment of all due premiums for at least 3 full policy years.

The minimum loan amount of Rs 10,000 can be granted under this policy, subject to a maximum of 50 % of Special Surrender Value.

Higher of Guaranteed surrender value or Special surrender value will be paid to you as Cash Surrender Value, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if appsurrender value or Special surrender value will be paid to you as Cash Surrender Value, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if applicavalue or Special surrender value will be paid to you as Cash Surrender Value, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if appsurrender value will be paid to you as Cash Surrender Value, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if applicavalue will be paid to you as Cash Surrender Value, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if appSurrender Value, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if applicaValue, after deduction of any outstanding amount on the policy (Policy Loan or any amount payable against your policy) and TDS * (if applicpolicy (Policy Loan or any amount payable against your policy) and TDS * (if applicPolicy Loan or any amount payable against your policy) and TDS * (if applicpolicy) and TDS * (if applicable).

The surrender Value is higher of the Guaranteed Surrender Value or Special Surrender Value, after deducting loans under thsurrender Value is higher of the Guaranteed Surrender Value or Special Surrender Value, after deducting loans under thSurrender Value or Special Surrender Value, after deducting loans under thSurrender Value, after deducting loans under the policy.

The maximum Loan Benefit that can be availed under this policy is up to 90 % of the special surrender value.

The Guaranteed Surrender Value is expressed as a percentage of premiums paid and this policy is also eligible for Non-Guaranteed Special Surrender Value.

Loan facility under this policy can be availed up to 80 % of the special surrender value and it is available after payment of 3 full policy years» premiums.

Surrender Value is higher of the Guaranteed Surrender Value or Special Surrender Value, after deduction of any loan under the policy.

Loan amount up to 60 % of the special surrender value, provided the policy has acquired the surrender value.

The amount payable on Surrender is higher of the Special Surrender Value or the Guaranteed Surrender Value, after deduction of loans under the Policy.

Surrender Value is higher of the Special Surrender Value or Guaranteed Surrender Value, after deducting loans under the policy.

Surrender Value is higher of the Guaranteed Surrender Value or Special Surrender Value, after deducting loans under the policy.

Surrender Value is higher of the Guaranteed Surrender Value or Special Surrender Value, after deducting any loan under the policy.