Sentences with phrase «better after the death of insured»

This helps the family to survive better after the death of insured.

Not exact matches

The death benefit of a whole life insurance policy can be received tax free by the beneficiaries, and for this reason whole life insurance is used for estate planning purposes as well as providing income for beneficiaries after the insured passes away.

Now after 5 year's of the policy if the person is not in the job and does not have regular income and in case a claim is made on death of the insured, should the nominee prove that the person was earning that CTC at the time of death.Also please suggest a best term policy for 1 crore iam 38 yrs now and non tobacco user.Also is there any term policy which settles sum assured in case of permanent disability.