Sentences with phrase «after policy inception»

A liability policy also covers parties added by an endorsement after the policy inception date.

Both afford some coverage for vehicles you acquire after the policy inception date.

Not exact matches

Survival Benefit — Here, the regular monthly income that is chosen at the time of inception of the policy for 15 yrs after the end of the premium payment term is paid to the policyholder.

However, if your pet had cruciate problems on the same leg or the opposite leg 18 months prior to policy inception or during the waiting period after inception, then they are considered pre-existing and not eligible for coverage.

A claim made before the policy inception date or after the expiration date is not covered.

Star health insurance company also provides coverage for pre-existing diseases after a waiting period of 11 months of policy inception.

In case of single pay, the policy can be surrendered any time after inception.

However, this cover is applicable only after 2 months of inception of the policy and is subject to a month of survival period.

If you get renters insurance the same day, it's intended to cover things that occur after the inception of the policy.

Those calculations are thrown into disarray when a policy cancels for non-payment a few months after inception.

The premiums are reviewable after five years from the inception of the Rider Policy and every five years thereafter.

Claims which may relate to incidents occurring before the coverage was active may not be covered, although some policies may have a retroactive date, such that claims made during the policy period but which relate to an incident after the retroactive date (where the retroactive date is earlier than the inception date of the policy) are covered.

Benefits will not be available for any condition, ailment or injury or related condition for which insured person has been diagnosed, received medical treatment, had signs and / or symptoms, prior to inception of his first Policy, until 48 consecutive months have elapsed, after the date of inception of the first Policy.

In case of suicide committed after 12 months of policy inception or revival, the death benefit payable to the nominee will be higher or Surrender Value, if applicable or 80 % of total premiums paid.

The policyholder and his family receive annual income after the premium payment period for the length of the policy term that had been chosen at the inception of the policy.

It also provides no - claim benefits and covers pre-existing diseases after one year of no claims from the date of policy inception with the company.

If you are not married at the inception of the policy, you can include your spouse at a later date, after marriage.

In case his death happens immediately after paying 7th annual premium, i.e. when he has turned 41 years old, his nominee would start receiving Rs 80,000 every month in the 7th policy year, which will increase every subsequent year, at a simple rate of 10 % of the monthly payout chosen at inception, till such time when Jeevan would have attained 60 years of age.

Claimant is in financial distress, worse off than they were when the policy started, or claiming shortly after the inception of the policy

If the death of the Life Insured happens after the Policy Term and during the Extended Life Cover Period, Sum Assured as chosen at inception of the policy shall be paPolicy Term and during the Extended Life Cover Period, Sum Assured as chosen at inception of the policy shall be papolicy shall be payable.

Hi Suresh, Suicide is covered after 12 months from the inception date of the policy in most of the term insurance plans.