Sentences with phrase «acquires guaranteed surrender value»

After 3 years, the insurance acquires a guaranteed surrender value which increases with time.

This policy acquires a Guaranteed Surrender Value after payment of at least three full policy years» premium.

This policy acquires Guaranteed Surrender Value if at least one full year's premium is paid.

The policy acquires the guaranteed surrender value on payment of all premiums for at least two full policy years.

This policy acquires a Guaranteed Surrender Value after payment of all the due premiums for at least three full policy years.

Products with a premium paying term of 10 years will acquire a guaranteed surrender value, provided premiums have been paid for at least three consecutive years.

The policy will acquire a Guaranteed Surrender Value (GSV) if the insured has paid three full year's premiums in Regular Premium (two full year's premiums in 5 Pay).

You want to surrender the policy — On payment of 3 years» premiums, the policy will acquire guaranteed Surrender Value and Surrender Value will be paid after the completion of 3 years.

Policy will acquire a guaranteed surrender value provided first 3 years» premiums have been paid.

The policy can acquire a Guaranteed Surrender Value after payment of all due premiums for the at least 2 full policy years, for premium payment term of 8 years.

Regulations require that all plans with premium - paying term of more than 10 years, should acquire a guaranteed surrender value after 3 years.

Not exact matches

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.

The Surrender Value acquires the higher among Special Surrender Value (SSV) or Guaranteed Surrender Value (GSV).

The policy needs to be in force for a specific term or certain number of years in order acquire the GSV (Guaranteed Surrender Value).

The Guaranteed Surrender Value can be acquired after payment of all due premiums for the at least 3 full policy years, for premium payment term of 10 & 12 years.

For premium paying term of less than 10 years, a guaranteed surrender value can be acquired on payment of all premiums for at least 2 consecutive years.

You want to surrender the policy — If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 5 or 7 years the policy acquires Surrender Value which depends on the Guaranteed Surrender Value Factor as a percentage of the premisurrender the policy — If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 5 or 7 years the policy acquires Surrender Value which depends on the Guaranteed Surrender Value Factor as a percentage of the premiSurrender Value which depends on the Guaranteed Surrender Value Factor as a percentage of the premiSurrender Value Factor as a percentage of the premiums paid.

If least 3 years» premiums have been paid for a Premium Paying Term of 10 years and 2 years» premiums have been paid for a Premium Paying Term of 5 or 7 years the policy acquires Surrender Value which depends on the Guaranteed Surrender Value Factor as a percentage of the premiums paid.