Sentences with phrase «as accidental death claim»

Suppose if, unfortunate death of policy holder happens in year 2027 (at age 40), then by that time total premium paid will be Rs. 6,52,620 and nominee will get death claim as Rs. 19,20,000 in case of normal death or Rs. 31,20,000 as accidental death claim in case of death due to accident and policy will stop.

Not exact matches

As you might guess, Globe Life's accidental death coverage only pays a claim if you die «accidentally», according to the company's definition.

2) Accidental Death (Not disability) due to any of following condition will settle claim a) Any type of natural calamity (such as Tsunami, river flood, earthquake.

As a result, it's extremely unlikely that a claim will be paid under an Accidental Death policy.

As you might guess, Globe Life's accidental death coverage only pays a claim if you die «accidentally», according to the company's definition.

Making a claim under accidental death may be a lengthy process as the deceased will in all likelihood undergo an autopsy and have the incident that caused their death investigated fully before the funds will be released.

In the year 2015, American Income Life Insurance Company paid out more than $ 172 million in life insurance clams, as well as more than $ 5 million in Accidental Death and Dismemberment (AD&D) claims.

2) Accidental Death (Not disability) due to any of following condition will settle claim a) Any type of natural calamity (such as Tsunami, river flood, earthquake.

objective of my buying is i just want my nominee to get 1cr after i die due to any reason i have found many crap in policy document saying accidental death cover, Claim settlement amount highest of 3, -10 times the annualized premium — 105 % of all the premiums paid as on date of death — Sum Assured Also there are some monthly payout plans.

Other than those main benefits mentioned above, any policyholder of this premium policy will gain some optional benefits as in, Rider benefits: ● LIC benefit under the claim for accidental death of the premium holder or even the disability after the accident.

This includes the necessary conditions to qualify as an accidental death and a valid claim, such as the specific cause of death and the time frame in which death occurs as a direct result of the accident; such restrictions as the age of the policyholder; and the amount of compensation that a beneficiary will receive.

1) earth quake why not considering as normal or accidental death claim in term plan?

In case of accidental death, additional amount equal to sum assured is also added death claim amount, the calculation is indicated as Accidental Laccidental death, additional amount equal to sum assured is also added death claim amount, the calculation is indicated as Accidental LAccidental Life Cover.

Based purely on price, the cheapest life insurance available for a high risk person would probably be accidental death insurance because it pays out a claim only if you die as a result of an accident.

Rider claims: - If you have availed any riders as part of your life insurance policy such as critical illnesses or accidental death benefit, you can claim these riders according to the need of the hour.

Introducing MedipacPLUS MedipacPLUS is five benefits for one low price, including first claim forgiveness to retain your Claim Free Discount, $ 5,000 accidental death benefit, return to Canada benefit, enhanced evacuation benefits and an increase of Policy Benefit Maximum to $ 5,000,000 U.S. Comprehensive Top - Up Coverage Medipac Travel Insurance provides comprehensive and cost - effective Top - Up coverage for Retired Teachers, Telephone and Hydro Retirees as well as Former Government Emploclaim forgiveness to retain your Claim Free Discount, $ 5,000 accidental death benefit, return to Canada benefit, enhanced evacuation benefits and an increase of Policy Benefit Maximum to $ 5,000,000 U.S. Comprehensive Top - Up Coverage Medipac Travel Insurance provides comprehensive and cost - effective Top - Up coverage for Retired Teachers, Telephone and Hydro Retirees as well as Former Government EmploClaim Free Discount, $ 5,000 accidental death benefit, return to Canada benefit, enhanced evacuation benefits and an increase of Policy Benefit Maximum to $ 5,000,000 U.S. Comprehensive Top - Up Coverage Medipac Travel Insurance provides comprehensive and cost - effective Top - Up coverage for Retired Teachers, Telephone and Hydro Retirees as well as Former Government Employees.

Understanding Following Table: Suppose if Death happens in Year 2023, then nominee will get death claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cDeath happens in Year 2023, then nominee will get death claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath claim amount as 10 times of single premium i.e. 2624500 + Loyalty Addition (LA) of year 2023 in case of normal death and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath and in case of accidental death, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath, an additional amount eqaul to sum assured (50000) will also paid along with normal death cdeath claim.