Sentences with phrase «annual mode»

As much as possible, go for annual mode of payments.

This option is available only for single premium policies or policies taken with annual mode.

He decides to pay regular premiums through annual mode.

If you have opted for monthly mode, a grace period of 15 days and if opted for annual mode, a grace period of 30 days is granted to pay the premium.

By choosing a semi-annual mode of premium payment, the policyholder will have to pay an additional amount of premium which is an extra of 2 % of the tabular premium for annual mode of premium payment.

Grace Period: 15 days grace is allowed for premium payment in monthly mode and 30 days in annual mode failing which the policy lapses

Discounts are given in premium for choosing annual mode of payment and for higher levels of Sum Assured.

Winds and great ocean gyres spin up in negative phases of the polar annual modes.

Mode of premium: The policy holder can choose the frequency of premium, i.e. annual mode, half yearly mode, quarterly mode and monthly mode.

For 5 pay and the regular pay — Non annual Modes, the charge is 0.24 % per month compounding @ 4 % p.a from 2nd policy year onwards subject to a maximum of Rs 500 per month.

* For non-annual modes the applicable maximum maturity age limit shall be less than 2 years of the corresponding age limits for annual mode as mentioned above.

The Systematic Transfer Option is available on opting annual mode policies.

* Annualized Premium is the amount of premium payable in annual mode that excludes extra premium, rider premium, and all applicable taxes, cesses and levies as imposed by the Government if any.

Grace Period: If the insured fails to pay his insurance premium by the due date, then a grace period of 15 days is allowed for monthly premium payment mode and a grace period of 30 days is allowed for annual mode of premium payment.

Minimum variable premium for Shriram Ujjwal Life SP is not available and minimum variable premium for ICICI Pru Guaranteed Wealth Protector is Rs. 24,000 p.a. for Annual mode, Rs. 48,000 p.a. for other modes..

Players can also choose from the usual slate of annual modes — training / practice, play now, online and offline franchise mode (as a player, coach or general manager), online head to head or league play, etc..

Guaranteed Cash Benefits @ 1 % of the Guaranteed Maturity Benefit in case of monthly mode or 11.5 % in case of annual mode is paid from the end of PPT till end of term or death whichever is earlier

The maturity benefit payout can be availed in monthly instalments the rate of which will be 2.5 % higher than the payout paid in annual mode.

Grace Period: 15 days» grace period is allowed for premium payment in monthly mode and 30 days in annual mode.

But, do note that an annual mode of payment will be less expensive than either of these three.

Rs. 2,200 (For Regular Pay variant, Age 18 years, Policy Term 10 years, Female, Sum Assured Variant, Non Smoker) excluding extra premium, modal extra, taxes and cesses as as imposed by the Government from time to time; annual mode).

Rs 2,18,44,600 (For Pay till 60 variant, Age 50 years, Policy Term 35 years, Male, Sum Assured + Increasing Monthly Iincome Variant, Smoker, Critical Illness cover of Rs. 50 Lakhs, excluding extra premium, modal extra, taxes and cesses as imposed by the Government from time to time; annual mode).

Mr. Bajaj, aged 40 years, invests Rs. 1,00,000 in Max Life Monthly Income Advantage Plan on an annual mode.

The modal premium for frequencies other than annual mode is arrived at by multiplying the annual premium by the frequency factors, given below:

You get a grace period of 30 days for annual mode / 15 days for monthly mode from the premium due date to pay your missed premium.

He invests Rs 1 Lac in Max Life Monthly Income Advantage Plan on an annual mode.

For 5 pay and the regular pay — annual Modes, the charge is 0.33 % per month compounding @ 4 % p.a from 2nd policy year onwards subject to a maximum of Rs 500 per month.

* Annualized Premium is the amount of premium payable in the annual mode that excludes extra premium, rider premium, and all applicable taxes, cesses, and levies as imposed by the Government if any.

It is Rs. 36000 for the annual mode, Rs. 18000 for semi-annual mode, 9000 for quarterly mode and 3000 for monthly mode.

Again, most ULIPs launched after September 2010 were pushing the annual mode and we also saw a large number of single premium policies being launched and pushed by life insurance companies aggressively.

His premium comes out to be Rs. 50,000 (without taxes, levies and loading extra) with the annual mode of premium payment.

Annuity can be taken monthly, quarterly, half yearly or annually but all modes other than annual modes are paid at a discounted rate

For five pay / regular pay (annual mode), the premium allocation charge is 4 % / 2 % for 1st to 5th policy year / 6th policy year onwards, respectively.

For 5 Pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % for 1st policy year / 2nd policy year / 3rd to 5th policy year, respectively.

Premium Allocation Charges: The Premium Allocation Charge is 8.4 % / 6.4 % / 5.4 % during the 1st policy year, 2nd & 3rd policy year, 4th to 10th policy year, respectively when opted for annual mode.

For annual mode, Loyalty Addition is 1.8 % / 1.2 % for 5 years premium payment term / other premium payment terms, respectively.

For regular / limited pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.

For annual mode, it is 3 % / 2 % from year 1 to premium payment term for annual premium less than Rs 5,00,000 / Rs 5,00,000 to Rs 9,99,999 respectively.

For regular pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.

For Regular Premium payment policies (annual mode), it is 9 % / 2.5 % / 2 % for 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.

Under Regular / Limited Pay, for annual mode, the Premium Allocation Charge is 8.4 % / 6.4 % / 5.4 % for 1st policy year / 2nd to 3rd policy year / 4th to 10th policy year or premium payment term (whichever is less), respectively.

For annual mode, the policy administration charge is 0.25 % / 0.10 % / 0.05 % per month for year 1 to year 5 when annual premium is less than Rs 5,00,000 / Rs 5,00,000 to Rs 9,99,999 / equal to or more than Rs 10,00,000, respectively.

For regular / limited pay (annual mode), the premium allocation charge is 4 % / 3 % / 2 % for 1st to 5th policy year / 6th & 7th policy year / 8th policy year onwards, respectively.

The amount of premium is less if you choose an annual mode of premium payment.

Variable minimum premium for plan 1: Rs. 24,000 p.a. for Annual mode, Rs. 48,000 p.a. for other modes..

Minimum variable premium for Aegon Life Future Protect Plus Insurance Plan is not available and minimum variable premium for ICICI Pru Guaranteed Wealth Protector is Rs. 24,000 p.a. for Annual mode, Rs. 48,000 p.a. for other modes..

Minimum variable premium for HDFC SL ProGrowth Super II is not available and minimum variable premium for ICICI Pru Guaranteed Wealth Protector is Rs. 24,000 p.a. for Annual mode, Rs. 48,000 p.a. for other modes..

For Non - Annual Modes, Modal Factors will be applicable:

Mr. Ashok, a 55 year old male invests $ 11 Lacs in Exide Life New Immediate Annuity with Return of Purchase Price and chooses to receive annuity in annual mode.