Sentences with phrase «at end of each policy year»

Term life insurance that gives you the right to continue the coverage for another year at the end of each policy year.

subject to Policy being in - force, a percentage of Fund Value is added at the end of every Policy year from 6th Policy Year to end of Policy Term.

At the beginning the sixth year, a premium booster is added to the fund at the end of each policy year.

Term life insurance that gives you the right to continue coverage for another year at the end of each policy year.

This amount would reset to $ 10,000 when you renew your policy at the end of the policy year.

These are 3 % of Base Sum Assured and will accrue at the end of policy years.

The plan offers assured benefit and built a corpus which is provided as accumulated bonus at the end of every policy years.

Any money left over at the end of the policy year will be donated to the cause.

As a survival benefit, 20 % of the Base Sum Assured is payable at the end of each policy year, for three policy years prior to policy maturity.

Renewal: At the end of your policy year your policy will renew automatically.

GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.

Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy

0.20 % of Fund Value shall be added to the Fund by the creation of additional Units, at the end of every Policy Year starting from 11th Policy Year.

Any declared dividends are credited to policies based on their share of any surplus apportioned by Navy Mutual at the end of each policy year.

The Guaranteed Additions that accrue at the end of every policy year in your policy depends on the policy term chosen by you and are as follows

It is credited to the policy at the end of every Policy year starting from the sixth year to the tenth year.

GLA, as % of GMB, will be attached to the policy at the end of each policy year starting from the end of 10th policy year.

It is paid at the end of every policy year excluding the last year of the policy term.

AGA's accrue at the end of each policy year on the condition that all premiums have been paid.

Guaranteed Additions are added to the policy at the end of each policy year for the first five policy years.

At the end of every policy year, guaranteed additions of up to 10 % p.a. and payable at the time of death or at maturity

Annual Payout — A fixed amount equal to 5 times the Monthly Payout is payable at the end of every policy year during the payout period and will not be payable during the last policy year (at maturity).

The Insurance Company in this case is the insurer of the amount invested and the maturity amount at the end of the Policy year.

A terminal reserve is the leftover reserve of a life insurance company at the end of the policy year.

At the end of every policy year, loyalty units will accrue on the fund under management under each scheme.

Starting from 11th policy year, additional units of 0.30 % of the Fund Value will be allocated to the policy fund at the end of every policy year.

For Single Pay policies, Guaranteed Enhancers equal to 0.25 % of last 12 months» average Fund Value, are added at the end of every policy year from 6th policy year onwards till the policy maturity.

It is added at the end of each policy year, starting from the end of the 5th policy year.

It is added at the end of each policy year, starting from 5th policy year.

Loyalty Additions are allocated at the end of every policy year, starting from the 6th policy year.

2) Loyalty additions: Loyalty addition, units are added at the end of the policy year from the 6th year onwards.

So, you will have to keep all the receipts / reports / consultation papers safe for that one claim at the end of the policy year.

3 types of Guaranteed payouts options a) Monthly Income (as opted) b) Annual Income - 5 times of monthly income at the end of each policy year of payout period, c) 40 times / 70 times of monthly income as Guaranteed Maturity Benefit.

0.20 % of Fund Value shall be added to the fund by creation of additional units, at the end of every Policy year starting from 11th Policy year.

0.50 % of the Fund Value shall be added to the fund by creation of additional units, at the end of every policy year starting end of 10th policy year.

Non-Zero Positive Residual Addition may be added at the end of each policy year starting from 5th policy year.

subject to Policy being in - force, a percentage of Fund Value is added at the end of every Policy year from 6th Policy Year to end of Policy Term.

Loyalty Additions is allocated at the end of every policy year, starting from the end of the sixth policy year.

Non-Zero Positive Residual Addition is done to ensure maximum reduction in yield criteria and it is added at the end of each policy year, starting from 5th policy year.

Guaranteed additions will vary as per the policy term.The guaranteed additions will accrue at the end of each policy year during the policy term.The accrued guaranteed additions are payable either on death or maturity, whichever happens first.

At the end of every policy year, it automatically rebalances the allocation of your investments in various funds as per the allocation proportions opted by you.

Annual Guaranteed Addition is accrued (as specified) at the end of every policy year.

Loyalty Additions as 0.5 % is made in the form of extra allocation of units at the end of each policy year, starting from 6th Policy year till end of the policy term.

Loyalty Additions is allocated as extra units at the end of every policy year, starting from the end of the sixth policy year.

A non-zero positive regular addition is added at the end of every policy year starting from the 5th policy year.

Loyalty Additions is allocated as extra units at the end of every policy year, starting from the end of the 6th policy year.

A fixed amount equals to the 20 % of the base sum assured is payable as the survival benefits at the end of each policy year in the last 3 years before the completion of the term.

It is accrued at the end of every policy year and is payable either on death or vesting.

In case of survival of the life assured during the benefit payout period, you will receive the regular payouts at the end of each policy year.

For Endowment Option: A Guaranteed payout (GP) as a multiple of the annualized premium is payable at the end of the policy year following the year of maturity.