Sentences with phrase «allowed during the policy term»

Please note - You can choose your investment option only at inception and no change in the option is allowed during the Policy Term.

Please note that you can choose the option only at inception and no change in the option is allowed during the policy term.

Not exact matches

As Bush's domestic policy adviser during his first term, Spellings took a hard line, refusing to allow states to deviate from NCLB's direction.

There are very limited circumstances that allow an insurance company to cancel a policy for claims history or anything else other than misrepresentation and the like during the policy term.

Many, but not all, term life insurance policies include a provision that allows policyowners to convert to a permanent policy at some point during the policy's 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.

• Policy Conversion: This feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the guaranteed level premium, up to aPolicy Conversion: This feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the guaranteed level premium, up to apolicy to a Universal policy at anytime during the period of the guaranteed level premium, up to apolicy at anytime during the period of the guaranteed level premium, up to age 70.

This policy allows policyholders to have their premiums returned to them if they outlive their coverage term, and also allows them to access cash value during the life of the policy.

Most term insurance policies will not allow you to decrease the death benefit or the premium during the policy 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.

Most insurance companies will allow you to cancel your policy at any time during the policy term.

Many carriers will allow policyholders to reduce the amount of the policy should their income or needs change during the term.

While a renewable term life insurance policy allows you to simply extend your current coverage, having a convertible term life insurance policy means that, at any point during your term or before your 70th birthday (whichever comes first), a policyholder may convert term life coverage to whole life coverage.

It allows the customer to partly encash his accumulated corpus during the policy term.

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.

Top - up premium is allowed at anytime during the term of the policy, provided all premiums are paid.

A convertible term life insurance policy just allows you to convert the policy into a whole life policy during a particular period.

The short - term universal life insurance policy allows its clients to pay for their coverage during the time when they can most afford to make the payments.

As the name implies, this rider will allow term life insurance policyholders to recover all or part of their premiums paid over the life of the policy if they do not die during the stated term.

Most companies allow you to buy it anytime during the term of the policy, as long as the base policy is in force.

A convertible term life insurance policy allows you to change it to a permanent policy at some point during the life of the policy.

Cancelling homeowners insurance during the policy term does not allow these items to be covered.

Many term life policies do allow prorated refunds at some point during the life of the policy, during the insured's lifetime, although such refund is usually «short rated», that is, it is significantly less than the imputed value of the refund if calculated using conventional tables, using the rate of return specified in the insurance contract.

There are very limited circumstances that allow an insurance company to cancel a policy for claims history or anything else other than misrepresentation and the like during the policy term.

Standard practice for most insurance companies is to allow you to cancel your policy at any time during the policy term by sending written notice stating the date of cancellation.

Term life insurance lasts for a designated period of time and allows the insured to covert to permanent insure at any time during the policy period (before the age of 70).

A conversion provision allows the owner of the term life policy to convert from the term life insurance policy to a permanent life insurance policy during a specified period of time without having to show that the insured is in good health.

Most term life insurance policies do allow for conversions to a permanent form of life insurance (as long as the conversion takes place during the specified allowed conversion period).

The rates of most term policies are level, meaning that they are not allowed to rise after the policy is issued during the coverage period (prices may rise if you choose to extend, or renew the policy).

Most term policies have conversion privileges, which allows you to convert your term policy to a permanent policy during the term period (in some cases, the conversion option period is shorter than the term period).

This policy offers great convenience to its users as they have the leverage to increase their savings and offers more coverage during the term of the policy as it allows the users to pay the premium through top - ups also.

During this period, the insured person is allowed to review the policy thoroughly and if they are dissatisfied with the coverage or any other terms and conditions of the policy, then the insured person can cancel the policy and can get the refund.

The policy allows policyholders to change the mode of premium payment at any time during the policy term by submitting a written request for the same.

Decreasing your term life insurance generally provides you with more flexibility than layering your life insurance, but it's important to note that not all life insurance companies allow policy reductions, and some companies only allow one policy reduction during the term of your policy.

This option will allow you to change the term life policy to a permanent life policy, either during a set period or at any point in the term.

Multiple claims are allowed during the full policy term, up to a total payment of 300 % of the Major Surgical Benefit Sum Assured.

If you are single who's about to get married in near future, you can opt for a plan that allows you to add your spouse after marriage during the remaining policy term.

A maximum of 15 partial withdrawals is allowed during the entire policy term, in case of policy term more than 10 years.

Many life insurance companies will also allow to convert a portion of your term policy into permanent coverage, or decrease your face amount and premiums if you become over-insured during your term.

The investment plan allows you to build a robust corpus to meet your future financial goals along with providing financial protection to your loved ones in case of your unfortunate death during the policy term.

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.

Top - up Premium is allowed to increase your investments at any time during the policy term.

Switching from Lifestyle Portfolio Strategy to Self Managed Portfolio Strategy is allowed anytime during the Policy Term and it is free of charge.

It offers a dual benefit of life cover and investment for the policyholder which allows him to get regular periodic income as money back with a life cover during the policy term.

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.

The maximum number of top - ups allowed is upto 99 during the entire policy term.

You can decrease the sum assured at any policy anniversary during the policy term and such alteration in sum assured is allowed in multiples of Rs 1000, subject to limits.