Sentences with phrase «anytime during the plan tenure»

If the policyholder commits suicide anytime during the plan tenure, the available single premium Fund Value and any top - up premium Fund Value would be paid to the nominee.

If the policyholder commits suicide anytime during the plan tenure, the available Fund Value would be paid to the nominee.

Not exact matches

Also there is a probability that your employer may decide to discontinue the group insurance plan and or may decide to cover only the employee at anytime during your work tenure which would leave you in a lurch.

Anytime during the entire tenure of the policy if the insured wants to change its financial priorities then the plan provides an option of unlimited free switches under which then he / she can change their financial plan with a facility of unlimited free switching.

If you can mention those two - three specific points that you are talking about then I will be in a position to clarify 3) It is advisable to split the cover among 2 companies 4) You always have the option to change the nomination anytime during the tenure of the plan 5) The term plan premium is eligible for deduction from taxable income under Section 80C of the Income Tax Act.

The plan provides Coverage for the entire policy tenure, i.e. in case the Life Assured dies anytime during the policy tenure, the Death Benefit is paid to the nominee and the policy terminates.