Sentences with phrase «by life insurers»

Usually, traditional policies offered by life insurers do cover the death benefit and may be supplemented with money return benefits.

Although term life insurance offers you the lowest - priced life insurance protection, rates do vary by life insurer and person, based on several rate factors.

The current yearly annual premium collection is standing at around Rs 5 crore for offering by life insurers in segments like critical illness covers and riders.

There are as many as 16 different table ratings used by life insurers.

A life insurance rider is simply an extra form of coverage provided by life insurers that you can buy and will cover you for specific situations.

Why are term insurance premiums charged by life insurers so widely different?

For an existing health insurance policy by life insurers, the policy shall continue until the policy term expires.

The risks most commonly covered by life insurers are accidental death and permanent total or partial disability.

The top - performing sector in the corporate bond market last year was financials, led by life insurers.

Bonus: - This is an additional amount given by a life insurer along with the sum assured either on maturity or death of the policyholder.

There are also many other health risks associated with these health conditions which are taken into account by all life insurers when evaluating you for a policy.

Also, healthy individuals, as defined by life insurers, can avail of the term insurance plan without time - consuming medical tests.

This could be due to an adverse health condition, or it may be because they participate in hobbies that are considered to be dangerous or risky by the life insurer.

The timeline on this varies by life insurer, however.

In case you are planning to protect your legal heirs from the home loan repayment obligations in the event of any contingency, you can consider mortgage redemption plans offered by life insurers.

Simply complete the Owner Change Request Form provided by your life insurer, and send it back to the company.

A paramedical exam is performed by a life insurer to get an idea of your current health.

Systemic risk comes from short - dated financing of long - dated assets, which is often done by banks, but rarely by life insurers.

This has been possible due to continuous efforts by life insurers, the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme and also the development of the digital platforms.

Thanks to the innovations by life insurers, NULIPs do not fight the perception by simply reducing allocation charges, instead they take the game to a different plane.

As a matter of fact, there has been an improvement in death claims settled by Life Insurers in terms of number of policies as also by amount in the past three most challenging years.

The total benefits paid to customers by life insurers has increased to Rs 1.91 lakh crore as March 31, 2013 as compared to Rs 1.41 lakh crore as on March 2011.

However, IRDA has initiated a step of prescribing standardised illustrations to be used by all life insurers at the point of sale to protect policyholder's interests.

Because of these staggering statistics, diabetics are considered a higher risk by life insurers, sometimes making it very challenging to find affordable life insurance coverage.

This is because it gives a peace of mind that in case of any unfortunate event such as death and critical illness; the sum assured paid by the life insurer will be sufficient to meet future goals of the policyholder or family.

Annuity payments based on a single life cease when the annuitant dies, and the remaining annuity balance is retained by the life insurer.

The IRDA has carried out a study of the practices relating to unit linked insurance followed by the life insurers and observed that majority of the insurers are following international best practices in vogue in international market.

The move follows a directive by the Department of Financial Services in the finance ministry as well as concerns by life insurers to set up a centralised registry.

ULIPs — a common insurance plan sold by life insurers, where the money collected from consumers is invested into equity and debt markets — have become a bone of contention between the two financial regulators, with both claiming regulatory authority over the scheme.

It's a product floated by life insurers like Edelweiss Tokio Life Insurance to provide you with a steady income flow during retirement.

Underwriting is the methodology applied by life insurers to examine or assess the insurance risks before accepting or rejecting coverage and determining the appropriate premiums for them.

Demonetisation and a push by life insurers were primarily responsible for this growth.

After getting a representation by life insurers, the Life Insurance Council sought an extension in the deadline.

A paramedical exam is performed by a life insurer to get an idea of your current health.

Individual accident insurance policies have several advantages — no pre-issuance medical tests, fixed premium at any age, and lower rates than rider premiums charged by life insurers.

The timeline on this varies by life insurer, however.

Some child's life insurance riders offered by life insurers are better than others.

A variety of term plans are offered by life insurers, as well as the traditional «interest sensitive» options which have become more common from around the mid-1980s onwards.

Death benefits extended by your airline or travel insurer would be lower than the one offered by your life insurer.

Redemption: When units are cancelled and they are encashed at the prevailing unit price offered by life insurer.

Critical illness plans offered by life insurers are distinct in four ways.

The main decisions when buying pension plans offered by life insurers are the vesting age, premium payment term, investment preferences and type of annuity.