Sentences with phrase «basic life insurance covers»
Basic Life Insurance Cover — In the case of Death of the Life insured, you get the higher of Sum Assured on Maturity, or 11 times the base annualized Premium
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Basic Life Insurance Cover — In the circumstance of the death of the life insured, you get the higher of Sum guaranteed on Maturity, or 11 times the base annualized premium (for Super 6), or 15 times the base annualized premium (for Super 10)
In case of death, Basic life insurance cover along with accrued non-guaranteed reversionary bonuses and terminal bonuses, if any is given to the nominee of the plan
Option 1: The nominee of the policyholder is paid basic life insurance cover along with accrued non-guaranteed reversionary bonuses and terminal bonuses, if any
A term plan is a basic life insurance cover against death of the proposer or life assured.
Increase in cover: Under this option you can increase the basic life insurance cover (without any medical tests) when you reach certain milestones in life in the following ways:
In case of an unfortunate event of death of the Life Insured during the Policy Term, the sum of benefits will be payable to the nominee which is Basic Life Insurance Cover + Accrued Non-Guaranteed Annual Simple Reversionary Bonus + Non-Guaranteed Terminal Bonus accrued till death.
Not exact matches
A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.
If you are covered under the Basic Group Life Insurance Program, you are eligible to purchase additional life insurance for yourself as well as your spouse and dependent children through the Optional Group Life Insurance ProgLife Insurance Program, you are eligible to purchase additional life insurance for yourself as well as your spouse and dependent children through the Optional Group Life InsuranceInsurance Program, you are eligible to purchase additional life insurance for yourself as well as your spouse and dependent children through the Optional Group Life Insurance Proglife insurance for yourself as well as your spouse and dependent children through the Optional Group Life Insuranceinsurance for yourself as well as your spouse and dependent children through the Optional Group Life Insurance ProgLife InsuranceInsurance Program.
Suggest you to buy an independent term plan with basic life cover + a stand - alone Personal Accident Insurance plan.
A Life policy at its most basic level is a contract between you and the insurance company to pay a sum of money to your beneficiaries in the event of your death, to cover expenses and make up for the lack of your income.
As part of a series of posts covering the basics of life insurance, in this week's topic I will cover the 5 most common uses of term life insurance.
To have his TFSA throw off an annual income when he retires that will cover his basic living expenses, including property taxes, utilities, insurance and groceries — about $ 10,000.
Riders are modifications to your overall life insurance policy that turn a basic life insurance policy — you pay premiums and a death benefit is paid out if you die — into something that covers more exotic circumstances.
If you don't have life insurance, you should at least have enough of an emergency fund to cover funeral expenses or the basic necessities in case something happens.
Dear Gowtham, Term insurance is the basic form of life insurance cover.
Eligible employees are covered at no cost for basic term Life Insurance / Accidental Death and Dismemberment.
Premium waiver in case of critical illness or disability is a part of Basic Life Cover and Aegon Life Future Protect Plus Insurance Plan Provisions.
Surrender value of Basic Life Cover and Metlife 100 is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.
Basic Life Cover is provided by Max Life Insurance under Term Life Insurance Plan and SBI Life Smart Money Planner is provided by SBI Life Insurance under Endowment Plan.
For Basic Life Cover, policy renewal is allowed Policy renewal is allowed for Aegon Life Future Protect Plus Insurance Plan.
Policy term details for Bajaj Allianz Group Income Protection and Basic Life Cover include the minimum and maximum policy terms for the said insurance plans.
Bajaj Allianz Niyamit Sanchay Suraksha is provided by Bajaj Allianz Life Insurance under Group Life Insurance Plan and Basic Life Cover is provided by Max Life Insurance under Term Life Insurance Plan.
Renewal of Basic Life Cover and Bajaj Allianz Group Employee Benefit Plan helps you to extend policy term of these insurance policies.
Policy term details for Basic Life Cover and Future Generali Saral Bima include the minimum and maximum policy terms for the said insurance plans.
Some Basic Life Cover and Aegon Life Future Protect Plus Insurance Plan Provisions are made for a policy holder.
Premium payment options for Basic Life Cover and Aegon Life Future Protect Plus Insurance Plan also include premium paying modes.
Surrender value of LIC New Jeevan Anand and Basic Life Cover is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.
Renewal of LIC New Jeevan Anand and Basic Life Cover helps you to extend policy term of these insurance policies.
Renewal of Bajaj Allianz Group Employee Care and Basic Life Cover helps you to extend policy term of these insurance policies.
Surrender value of Metlife Superannuation and Basic Life Cover is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.
Policy term details for Basic Life Cover and SBI Life Smart Money Planner include the minimum and maximum policy terms for the said insurance plans.
Surrender value of Basic Life Cover and IndiaFirst Group Credit Life Plan is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.
Policy term details for Star Union Dai ichi Guaranteed Money Back Plan and Basic Life Cover include the minimum and maximum policy terms for the said insurance plans.
LIC New Bima Bachat is provided by Life Insurance Corporation of India under Money Back Life Insurance Plan and Basic Life Cover is provided by Max Life Insurance under Term Life Insurance Plan.
General term life insurance can provide your family with income, cover debts and basic needs and even help pay for the mortgage or college.
It allows individuals to create their own plan which can be either a Fixed Income Protection + Basic Life Cover plan from Future Generali Life Insurance or an Increasing Income Protection + Basic Life Cover policy.
The average cost of a very basic funeral in the U.S. is $ 7,181.1 If you haven't set aside the funds to cover these immediate expenses — as well as any outstanding medical bills you may leave behind — factor funeral and other final costs into your life insurance needs.
The insured has an option to opt for both basic cover as well the income protection cover under this Future Generali Life Insurance term plan.
For example, natural disasters aren't covered by basic renters insurance, so if you live in a place where there's a good risk of extreme weather, you may want to buy special additional coverage.
Riders are modifications to your overall life insurance policy that turn a basic life insurance policy — you pay premiums and a death benefit is paid out if you die — into something that covers more exotic circumstances.
For seniors, final expense life insurance or guaranteed issue life insurance are ways to get a relatively cheap whole life insurance policy to cover basic obligations.
Final expense life insurance is a no - frills, straight to the point policy designed to cover basic funeral costs and not much more.
Even if you are a first - time homeowner, if you have insurance as a renter where you are currently living, then you may benefit from the clause that covers your items for basic perils while in transit if you are sticking with the same insurance company.
The basic questions on a life insurance application cover your general health and lifestyle.
Electric Insurance associates are automatically covered at 2.5 times their salary under the GE Basic Life Insurance Plan, and 3.5 times their salary for accidental death.
You could purchase a permanent life policy that would provide for basic life insurance needs to last your lifetime to ensure your wife would have money in her retirement years to replace social security benefits, cover estate taxes, funeral costs, and any other final expenses.
If the basic protection is what you are looking for, then you may opt for the disability / accidental death riders which you can buy as an add on to your Life Insurance cover.
When you buy a term plan, you provide a basic protection cover to your family against any threat to your life; and the insurance company pays the sum assured to your nominee in the event of your death.
Buy your first Term Insurance Plan with basic life cover during Stage 1 when you start working and are single — from age 20 - 27 to go on till Stage 5, i.e. till age 51 - 55 years, or till 60 if you can get it.