Sentences with phrase «allowed during a policy year»
Partial Withdrawal: 2 free partial withdrawals are allowed during a policy year.
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Partial Withdrawal: One free partial withdrawal is allowed during a policy year.
Partial Withdrawal: A maximum of 2 partial withdrawals is allowed during a policy year.
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.
A maximum of 6 premium redirections is allowed during a policy year.
Partial Withdrawal Charge: 2 free partial withdrawals are allowed during a policy year and no further withdrawals are allowed in the same policy year.
Partial Withdrawal: 1 free partial withdrawal is allowed during a policy year.
Partial withdrawals are allowed after five policy years and up to a maximum of 2 partial withdrawals are allowed during a policy year.
Not exact matches
Many policies allow you to suspend your teen's coverage - and save some cash - during the school year if he attends a campus 100 or more miles from home and is not taking a car.
Arlington Heights Park District approved a new policy that officially allows unattended, private displays on park property, but only at North School Park and Memorial Park during certain parts of the year.
The new policies would have allowed the dismissal of tenured professors who, after receiving unsatisfactory evaluations 2 straight years, failed to improve their performance during the following 2 years.
The new policy allows schools to substitute an assessment of English language proficiency for the assessment of reading competency during a student's first year in U.S. public schools.
Some insurance contracts only allow «conversion» in the first few years of the policy, while others allow it at any point during the term.
Some insurance contracts only allow «conversion» in the first few years of the policy, while others allow it at any point during the term.
My professional opinion of the ten pay option is that it may allow consumers to pay down (and off) the participating whole life policy during the course of their working years.
That extra allows you to increase the size of your death benefit at preset times, usually when you reach a certain age or your policy's been in - force for X numbers of years, or during major life events, like marriage or the birth of a baby.
Future Generali Life Insurance offers a systematic fund transfer option that allows the insured to switch their policy from aggressive equity - oriented funds to more balanced debt oriented funds during the last 3 years of a policy.
The contestability period is the one to two years after your life insurance policy goes into effect when the life insurance company is allowed to review your coverage for anything you misrepresented during the application process.
The conversion rider should allow you to convert the term coverage to any permanent policy the insurance company offers with no restrictions (i.e., having to convert by a certain age during the first five to 10 years that the term policy is in force, or limiting partial or multiple conversions).
An annually renewable term life insurance policy can be renewed at the end of each year, but its price will increase, and people diagnosed with terminal illness during the year are not usually allowed to renew.
You also can «layer» protection, allowing you to expand or decrease your coverage as needed, such as opting for $ 500,000 during the first 10 years of a policy and then reducing it to $ 250,000 for the last 10, points out Phil Russo, an actuary with Allstate Financial.
Annual Premium paid during the financial year towards a life insurance policy is allowed as deduction from the total income, subject to a maximum amount of INR1, 50,000.
These policies allow a positive return on the cash value — typically up to a certain set maximum or «cap» — when an underlying index performs well during a given 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.
Switching charge: The policy allows 52 free switches during any policy year.
A maximum of 15 partial withdrawals is allowed during the entire policy term, in case of policy term more than 10 years.
Life insurance policies come with a two - year contestability period after purchase, during which time the insurer is allowed to, and will often, investigate and contest the circumstances around your death.
Partial withdrawals under base plan are not allowed during the first 5 policy years or when the life assured is a minor.
A maximum of 10 partial withdrawals is allowed during the entire policy term, in case the policy term is above 10 years.
A maximum of 10 partial withdrawals is allowed during the entire policy term, in case the policy term is 15/20 years.
A maximum of 15 partial withdrawals is allowed during the entire policy term, in case the policy term is 15 years & above.
Switching from Self Managed Portfolio Strategy to Lifestyle Portfolio Strategy is allowed once every Policy Year, except during the last 12 Policy years and it is also free of charge.
No top - up premiums are allowed during the last two years of the policy.
A maximum of 2 partial withdrawals can be done in a policy year and not more than 5 such withdrawals are allowed during the entire policy term, in case of policy term 10 years.
Top - up Premium is allowed to increase your investments at any time during the policy term, except the last 2 years under the policy.
A maximum of 10 partial withdrawals is allowed during the entire policy term, in case of policy term 15 years & above.
Top - up premiums are not allowed during the last 5 years of the policy term.
If Fred died during the 30 year policy period, his wife would receive a tax - free death benefit of $ 400,000 to pay off the mortgage and allow her to continue living in the home as long as she wants to.