Sentences with phrase «after policy issue date»

The policy covers hospitalization charges for the insured and also offers optional cover of critical illness occurring 90 days after the policy issue date.

A graded benefit policy does not pay out the full death benefit until two years after policy issue date.

Monthly interest will begin 30 days after policy issue, or if requested, after the policy issue date the payments will be made monthly beginning one month after the monthly interest option effective date.

Not exact matches

Policies issued before December 2, 1982 are all classified as exempt, while policies issued after this date can either be exempt or nonPolicies issued before December 2, 1982 are all classified as exempt, while policies issued after this date can either be exempt or nonpolicies issued after this date can either be exempt or non-exempt.

You can convert all or a portion of the policy to permanent coverage by age 70 or 5 years after issue date, whichever is later.

Under this law, life insurance death benefits of employer - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements for an exception to taxation are met.

Under this proposed law, life insurance death benefits for business - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements are met.

Under this proposed law, life insurance death benefits of employer - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements for an exception to taxation are met.

Suicide clause: Most policies provide that if the insured commits suicide withijn a specified period, usually two years after the date of issue, the company's liability will be limited to a return of premiums paid.

Once an event is considered foreseeable, policies purchased after that date will not cover issues related to that event.

(Note: Claim for critical illness will only be accepted if the illness has occurred after the expiry of 90 days from the date of issue / date of revival of the policy.

In accordance with Section 45 of the Insurance Act, 1938, «No policy of life insurance effected before the commencement of this Act shall after the expiry of two years from the date of commencement of this Act and no policy of life insurance effected after the coming into force of this Act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policy - holder and that the policy - holder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose:

Partial withdrawal usually allowed after 3 years from the date of top - up without any penalty (in case your policy has been issued post Sep 2010 then it is allowed after 5 years) & switch between funds is allowed as and when required.

A binding contract with a title company to issue a specific title policy, showing only those exceptions contained in the commitment and any intervening matters after the date of the commitment and prior to the effective date of the policy.

Not later than 60 days after the date of enactment of this Act, the Director shall issue guidance to require the enterprises to make their refinancing guidelines consistent to ease the compliance requirements of qualified lenders, and in particular with respect to loans with less than an 80 percent loan - to - value ratio and closing cost policies of the enterprises, which regulations or guidance shall be put into effect not later than 90 days after the date of enactment of this Act.