Sentences with phrase «before policy anniversary»

Allowed within 6 months of Marriage, Child Birth / Legal Adoption or availing a Housing Loan by giving a written notice at least 30 days before the policy anniversary

Any increase in sum assured is allowed before the policy anniversary on which the life assured attains 60 years of age.

You need to intimate the company at least 2 months before the policy anniversary from which you want to change the premium payment term.

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 earlier.

Request for any change in sum assured should be given at least 2 months before the policy anniversary.

Loyalty Addition except the last loyalty addition is a percentage of simple average of fund values on the last day of previous eight calendar quarters, before the policy anniversary in which the loyalty additions are payable.

The benefit under this rider will be available during the policy term or before the policy anniversary where the age of the insured is closer to 70 years, whichever is earlier.

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 earlier.

The benefit under this rider will be available during the policy term or before the policy anniversary where the age of insured is closer to 70 years, whichever is earlier.

You need to inform the company about such change at least two months before the policy anniversary.

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.

Risk cover begins one day before the completion of 2 years of the policy inception or one day before the policy anniversary that coincides with or follows the child's 8th birthday

If the entry age of assured is less than 8 years of, then the risk under this plan will begin either one day before the completion of 2 years from the date of inception or one day before the policy anniversary, immediately following the completion of 8 years of age.

Decreasing term insurance option avail within 60 days before any policy anniversary after the 20th year.

If the disability starts before the policy anniversary when the insured is age 60 and the disability continues without interruption to age 65, then all future premiums are waived.»

If the disability starts before the policy anniversary when the insured is age 60 and the disability continues without interruption to age 65, then all future premiums are waived.»

Not exact matches

1 For insureds born on or before Dec. 31, 1956, the normal policy termination date is the policy anniversary on or following the 66th birthday.

Before one - year anniversary of the wreck, we obtained on the client's behalf full payment from the at - fault driver's insurer, as well as full payment from the client's uninsured motorist policy.

Low cost Term life insurance covers only a specific period of time before it terminates on the anniversary of the policy.

This special rule allows Medicare beneficiaries to switch Medicare supplement providers every year in the period 30 days before the anniversary of their existing policy's renewal.

This is because it has a guaranteed death benefit that won't terminate before the first policy anniversary following the insured's 120th birthday.

The policy can be even further customized by adding riders such as the estate protection rider — which increases the amount of the death benefit by up to 100 percent should both of the insured individuals pass away before the fourth anniversary of the policy — and / or the guaranteed policy split rider — which allows the policy to be split into two individual policies should the insured individuals divorce each other, or if the tax laws change.

Generally speaking life insurance companies will allow you to withdraw the excess premium if this amount is exceeded, as long as it is done before the next policy anniversary.

The Annual Income Benefit equivalent to 10 percent of the Basic Sum Assured that must be payable from the anniversary of policy going along with or following the date of the demise of the Life Assured, until the anniversary of the policy before the maturity date.

The risk cover will start one month before second policy anniversary.

The first survival benefit is payable at the end of the premium paying term and thereafter on completion of each year till the survival of life insured or till the policy anniversary before maturity, whichever is earlier.

Life insurance premiums due after the date of the Annual Statement but before the next policy anniversary date and the next Annual Statement date.