Sentences with phrase «at policy anniversary date»

The policy will be renewed at Policy Anniversary date every year and will be in force unless it is specifically terminated by Master Policyholder or Exide Life Insurance.

The policy will be renewed at Policy Anniversary date every year and will be in force unless it is specifically terminated by Master Policyholder or us

Not exact matches

Kathleen — at Healthy Paws, any premium increase would occur once a year at your policy's anniversary date.

This is a charge expressed as a percentage of Annualised Premium and is levied at each monthly anniversary by canceling proportionate Units starting from the date of commencement of Policy.

The frequency change will be effected in our records within 2 working days after receipt of the request and complete documents at our branch subject to the request being received 15 days prior to policy anniversary date.

The company will inform the policy holder about the change in premium at least 30 days prior to the policy anniversary date.

The Policy Administration Charges given above are deducted from the unit account on monthly basis at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of Policy Administration Charges given above are deducted from the unit account on monthly basis at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of policy commencement date) of a policy by cancellation of policy by cancellation of units.

The Mortality Charges are determined using 1 / 12th of the Annual Mortality Charge and are deducted from the unit account monthly at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of units.

At any of the policy anniversary date, the insured can choose to alter his premium paying frequency into any other premium paying mode, available under the plan, given minimum premium limits allowed under the plan.

The mode of annuity payment can be changed on any policy anniversary by submitting a written request at least forty - five days prior to the policy anniversary date.

The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.

This can be requested at any time but will not begin until the anniversary date of the purchase of your policy.

Option 2: Receive 50 % of the Guaranteed Death Benefit as a lump sum and 0.42 % of Guaranteed Death Benefit as monthly income for the next 10 years increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of death of the life insured

How much will depend on whether or not you are being canceled for just cause like non-payment of your premiums or whether you are simply not being renewed at the anniversary date of your policy.

If the age at entry is less than 8 years, the risk will commence either one day before the completion of 2 years from the date of commencement of the policy or one day before the policy anniversary coinciding with or following the completion of 8 years, whichever is earlier.

Instead of taking the entire amount as lump sum, she plans to opt for the Settlement Option 2 where she will get Rs. 50 Lacs as lump sum immediately after death and the remaining Rs. 50 Lacs as monthly income (starting from next Policy Anniversary) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of Policy Anniversary) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the datAnniversary) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of policy anniversary following the datanniversary following the date of death.

His wife (or the nominee) can opt to take half the amount as lumpsum immediately and the remaining 50 % as monthly income (starting from next Policy Anniversary after the date of death) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of Policy Anniversary after the date of death) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the datAnniversary after the date of death) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of policy anniversary following the datanniversary following the date of death.

Date of commencement of risk In case the age at entry is less than 8 years, the risk will commence either one day prior to the completion of 2 years from the date of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlDate of commencement of risk In case the age at entry is less than 8 years, the risk will commence either one day prior to the completion of 2 years from the date of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earldate of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlier.

Date of commencement of risk: In case the age at entry of the life insured is less than 8 years, the risk cover is available either one day before the completion of 2 years from the date of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlDate of commencement of risk: In case the age at entry of the life insured is less than 8 years, the risk cover is available either one day before the completion of 2 years from the date of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earldate of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlier.