Sentences with phrase «avail policy benefits»

Firstly, it emphasises that, while comparing auto insurance policies, one must consider the annual premium amount that he / she has to pay to avail the policy benefits without any hurdle.
This insurance premium calculator enables you to calculate the premium you will have to pay to the insurance company to avail the policy benefits.
Based on this information, the premium payable for the coverage is calculated, which you have to pay to avail the policy benefits.

Not exact matches

Maturity Benefit — In case the policy holder survives the entire tenure of the policy then he / she will be liable to avail maturity benefit as final instalment of survival benefit along with terminal bonus plus vested simple reversionaryBenefit — In case the policy holder survives the entire tenure of the policy then he / she will be liable to avail maturity benefit as final instalment of survival benefit along with terminal bonus plus vested simple reversionarybenefit as final instalment of survival benefit along with terminal bonus plus vested simple reversionarybenefit along with terminal bonus plus vested simple reversionary bonus.
Anytime during the Flexi benefit period, you can decide to with draw your savings and avail the full benefits due in the policy
The term «proceeds and avails», in reference to policies of life insurance, includes death benefits, accelerated payments of the death benefit or accelerated payment of a special surrender value, cash surrender and loan values, premiums waived, and dividends, whether used in reduction of premiums or in whatever manner used or applied, except where the debtor has, after issuance of the policy, elected to receive the dividends in cash.
If you discontinue the policy then you will stand to lose the tax benefits availed in the previous year (s).
It is required in original at the time of any claim during the policy period or at the time of availing of the maturity benefit of the policy (if any).
Currently, to avail tax benefits, the yearly premium for the life insurance policy can not exceed 10 % of the sum assured or life cover.
Both of these offer tax deduction benefit under section 80C up to Rs. 1 lakh p.a.. However, tax benefit for one time premium policy can be availed only once whereas the regular premium policy will provide you tax deduction continuously.
For the regular premium policy, you can avail the tax benefits for Rs. 1.5 lakh over a period of 15 years.
Owing to lack of awareness, only 24 students have availed of an insurance policy introduced by the MCD that was meant to benefit 10 lakh of them over the last four years.
However, your spouse and other dependents in your family can avail benefits under this policy.
Invest in a health insurance policy that offers you comprehensive coverage at an affordable premium and avail tax benefit under section 80 of ITA.
No, you can't avail loan on term insurance plans because these policies do not have maturity benefits.
In such a case, it is advised to continue with your current policy and buy another policy after declaring your current insurance plans, thus availing benefits of both the plans.
Endowment policies help you avail tax benefits.
From 3rd year of policy, maternity benefit with new born baby cover can be availed up to sum insured.
The insured person can avail benefits of this policy on individual basis or can add family members to the policy.
In the former insurance plan, one can avail the cashless benefit in any of the hospitals covered by the insurance provider's cashless hospital network, as this policy enables the insured to get hospitalised for the treatment of any covered ailment without worrying about the expense out of their own pocket.
The bike insurance premium is a defined as an amount of money an insured requires to pay periodically to an insurer to avail the benefits under his bike insurance policy.
There are different benefits of availing this policy for your children.
Fact: It is not required to wait for the plan to end in order to avail the benefit of the policy.
Moreover, your policy also gets terminated if you avail the Death Benefit.
Single Premium policies can avail the option of Surrender Benefit as per the following formula:
Note that the policyholder should not have made any claim on the travel insurance policy, to avail this benefit.
The policyholder may also avail of the Education Support Benefit under which the death benefit can be availed as money - backs in the last 5 years of the policy after the death of the iBenefit under which the death benefit can be availed as money - backs in the last 5 years of the policy after the death of the ibenefit can be availed as money - backs in the last 5 years of the policy after the death of the insured.
If you have a pre-existing condition, the insurance company may impose one year waiting period in which you can not avail the benefits of the policy.
With additional premium feature, this policy gives you the opportunity to avail the benefit of double accidental imbursement.
The insured may nominate a minor at the policy inception, given he appoints an appointee to avail his benefits:
It also covers critical illness expenditure to ease the burden of paying multiple premiums across different insurance policies, for availing critical illnesses benefit.
You can now instantly purchase a HDFC ERGO motor insurance policy online, avail the benefit of calculating premium and choose the insurance plan that would best suit your vehicle type.
Either of the spouse can take the benefit, in case you are the premium payer and your spouse want's to take the tax benefit, you will need to declare that you are not availing any tax benefits from that policy premium payment.
All auto warranty companies list certain requirements that you need to follow, so that you can avail of the benefits from your policy.
Some may find it too complicated to avail for an auto insurance policy and most fail to compare car insurance rates, ending in the failure to reap out the financial benefits in finding the best and most affordable auto insurance available for them.
Since the life cover continues even after the incidence of critical illness, the family can avail of death benefit on Samir's unfortunate death over the policy tenure.
A cash benefit can be availed as reimbursement or direct cash benefit when the policy holder has got a major accidental injury.
Premiums are defined as easy payments which are paid from the insured party towards the insurer, in order to avail benefits of the insurance policy they opted for.
If you discontinue the policy then you will stand to lose the tax benefits availed in the previous year (s).
Hence, it is better to take a policy at an early age so that you can skip the waiting period clause or to make sure that you are eligible to avail full benefits of your medical insurance policy.
Moreover, tax benefits may be availed on investment in addition on returns as according to the income tax policies.
ULIPs are a great investment choice, as the policy holder can avail dual benefits of life insurance and investment returns from the equity / debt market.
These are the benefits of availing car insurance policy for Renault Captur, don't neglect to make a small investment in your car insurance for optimum protection.
If you avail the critical illness cover in the event of a pre-listed critical illness, the policy will continue with the Death benefit reduced by the extent of the Critical Illness Sum Assured paid.
In case you avail the life insurance policy in your parent's name, you will be eligible for an additional tax deduction benefit of Rs. 25,000 / -.
At 35 he bought a 20 - year money back policy, to avail cash benefits at various stages in Aman's life.
I want your help for financial planning, I want to avail 80c tax benefit, but didn't want to continue the policy which will return to bad investment.
Policy holder can also avail exemptions under section 80D for receiving any amount as part of maturity benefits.
It is also possible to surrender the policy in between, or take a loan on the policy to avail emergency financial benefits.
Policy Termination or Surrender Benefit: The LIC New Endowment Plan also comes with a surrender values under which a particular percentage of premium amount is paid back to the insured in case he / she decides to surrender the policy after the completion of 3 policy years and can also availPolicy Termination or Surrender Benefit: The LIC New Endowment Plan also comes with a surrender values under which a particular percentage of premium amount is paid back to the insured in case he / she decides to surrender the policy after the completion of 3 policy years and can also availpolicy after the completion of 3 policy years and can also availpolicy years and can also avail Loan.
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