Sentences with phrase «amount of your premium allocated»

The minimum amount of premium allocated to any investment fund should be at least 15 % of the annual premium.

Not exact matches

By purchasing large quantities of high - end spirits directly, the New Orleans Spirits Exchange elevates the future amount of premium spirits allocated to the city.

To sum it up, annuities systematically allocates accrued assets, lessens the financial uncertainty of living too long, provides the annuitant an income for life in exchange for a premium wherein a premium is ascertained by sex, age, class of annuity, amount of income and health.

These policies are subject to market risks and they allocate your premium amounts in equity and debt depending on the type of funds you choose ranging from equity, debt and balanced fund depending upon you risk profile.

All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid

The total monetary value of the units allocated is invariably less than the amount of premium paid because the charges are first deducted from the premium collected and the remaining amount is used for allocating units.

Likewise, they will also usually have a set amount of premium during the allocated time frame.

Cash value allocated to the variable investment options is subject to market fluctuations so that, when withdrawn or surrendered, it may be worth more or less than the amount of premiums paid.

One reason for this is because the insured on a universal life policy can, within certain guidelines, allocate the amount of his or her premium that will go towards the death benefit and the amount that will go towards the cash value portion.

Free look In the event the policyholder disagrees with any of the terms and conditions of the policy, he / she may return the policy to the Company within 15 days of its receipt for cancellation, stating his / her objections in which case the company will refund an amount equal to the non allocated premium plus the charges levied by cancellation of units plus fund value as on the date of receipt of the free look cancellation request less proportionate risk premium for the period the company has been on risk, less the expenses incurred by the company on medical examination of the life assured and less the stamp duty charges..

Under this option, your premium is initially allocated to the very low risk bearing Liquid Plus fund, followed by monthly transfers of 1 / 12th of the allocated amount to a segregated fund of your preference.

ULIPs like Edelweiss Tokio Life — Wealth Plus give you the option of investing 100 % of your premium and further allocating additional amount to your policy.

Under the Systematic Transfer Option, your premium shall be first allocated to Liquid Plus fund option and thereafter 1 / 12th of the allocated amount (on monthly basis) shall be transferred to a fund of your choice.

The more amount of the premium is allocated into the Investment, the better returns the plan would provide.

A premium allocation charge of 2 % of top - up premium is levied and the balance amount is allocated to units.