It is a term life insurance plan wherein the sum
assured keeps increasing as the policy period proceeds.
Here, the sum
assured keeps increasing every year.
Not exact matches
Sprint will
increase the price of its unlimited data plan, but the company
assures that customers can still avail of and
keep the $ 60 plan before the update.
The company says a major component of that goal is providing
increased availability of products and services from a single - source distribution facility, as well as
assuring that its retailers are
kept in stock with fresh product and are up to date with the newest brands.
Many term Insurance plans also offer you a possibility to
increase your sum
assured to an X % year on year, thus
keeping you adequately insured.
The sum
assured remain same throughout the policy term, but fund value
keeps increasing.
Increase or Decrease in Sum
Assured is allowed at policy anniversaries and it helps to
keep your cover relevant.
Also, in case of some plans, the sum
assured keeps on
increasing every five years.
The sum
assured keeps on
increasing with bonus and other benefit which makes your endowment policy, an ideal investment tool.
The plan
increases your sum
assured by 10 % every year upto 200 % of the basic sum
assured keeping in mind the rising cost of the treatment.
Therefore, if you are interested in pursing a career in dentistry then you should consider taking a diploma or certificate for a period of 2 years in dental assistant programs and you will rest
assured of getting employed because year in year out the workload of dentists
keeps on
increasing.