Sentences with phrase «beneficiaries of group insurance»

Private life insurer SBI Life Insurance plans to appeal to the Insurance Regulatory and Development Authority (Irda) against the regulator's directive to refund Rs 275.29 crore to the beneficiaries of the group insurance schemes.

Recently, SBI Life Insurance had planned to appeal to Irda against the latter's directive to refund Rs 275.29 crore to beneficiaries of group insurance schemes.

Not exact matches

I don't think I would put them to the average layperson in a small group setting, but to a pastor or deacon, a question or two at a time... for the record, I am a high school grad, have had three jobs in my entire life (church custodian, newspaper pasteup [pre-computer pagination], and grocery deli clerk), am on SSDI for complications of Marfan's Syndrome, and a Medicare beneficiary, no secondary insurance because I am about $ 20 over the income limit for Medicaid.

As with other types of life insurance, group life insurance allows you to choose your beneficiary.

You can contact Servicemembers» Group Life Insurance to see if, perhaps, you were the beneficiary of his SGLI policy.

If you've been unable, for example, to be the philanthropist you wished, you can name an institution, a group or a school as a beneficiary of your insurance policy (see Life insurance can be a charitable gift worth giving).

Group Term Life Insurance: A group insurance plan that provides a lump sum to a beneficiary in case of death of a covered member during the defined covered peGroup Term Life Insurance: A group insurance plan that provides a lump sum to a beneficiary in case of death of a covered member during the defined covereInsurance: A group insurance plan that provides a lump sum to a beneficiary in case of death of a covered member during the defined covered pegroup insurance plan that provides a lump sum to a beneficiary in case of death of a covered member during the defined covereinsurance plan that provides a lump sum to a beneficiary in case of death of a covered member during the defined covered period.

• You own the policy • You choose the beneficiary • You select the amount of insurance protection • Your insurance does not decrease unless you decide to reduce it • Your insurance is not part of a group and you decide how to tailor it to your needs • Your insurance does not lapse when is in default • Your protection is portable and does not lapse when you change mortgage companies or sell the property • Your insurance is guaranteed re-newable to age 80 and after issue, you will never have to provide medical evidence

Irda asked the company to distribute wrongful payments of Rs 84.31 crore to the members / beneficiaries of respective group insurance policies.

In passing that Act, Congress declared that employers with 20 or more full time employees (or equivalent) who also provide their employees with health insurance must continue to provide the insurance at the group rate to an employee or their spouse or dependents (all are «qualified beneficiaries») when one of six «qualifying events» occurs (termination of employment, reduction in hours [disqualifying from insurance eligibility], death of the employee, separation / divorce of employee and spouse, dependent child who loses dependency through age (19 or 23 is still a student) or marriage (becomes someone else's problem).

The company has been told to issue death claim cheques directly in favour of the nominee or beneficiary of the deceased member of a group insurance scheme.

The National Association of Insurance Commissioners also suggests using specific language such as «per stirpes» or «per capita» when deciding to allocate policy benefits among a class or group of beneficiaries.

Group term life insurance provides a death benefit of predetermined sum to the beneficiaries of the employees that sign up for it.

In case the insured member commits suicide whether sane or insane, within 12 months from the policy inception date or from the date of inception of the member under the group insurance scheme, whichever is later, then higher of 80 % of the premiums paid or surrender value in respect of concerned insured member is payable to the nominee / beneficiary.

Suicide exclusion under Death Benefit: - In case the insured member commits suicide whether sane or insane, within 12 months from the policy inception date or from the date of inception of the member under the group insurance scheme, whichever is later, then higher of 80 % of the premiums paid or surrender value in respect of concerned insured member is payable to the nominee / beneficiary.

Group Personal Accident Insurance policy provides your beneficiary with a benefit in the unfortunate event of your accidental death and disability.

The company has been asked to issue death claim cheques directly in favour of the nominee or beneficiary of the deceased member of a group insurance scheme.

Group term life insurance is a type of life insurance provided by an employer or association to employees or beneficiaries.

Unless the policy owner changes the beneficiary, or the primary beneficiary is deceased before the life insurance policy owner that is the person or group of people who will receive the settlement.