Sentences with phrase «capital sum»

The total capital sum insured of a person should not exceed 60 month's salary / income from present occupation.

For Example, Mohit paid a life insurance premium of Rs 9,500 for the policy issued in the month of March, 2011 having sum assured of Rs 50,000, in such a scenario he can claim a tax deduction of Rs 10,000 (20 % of capital sum assured) towards premium payment of life insurance policy.

(15 % of actual capital sum assured in case of person with severe disability or specified ailment).

(For policies issued on or after 01 April 2013, 15 % of actual capital sum assured in case of person with severe disability or specified ailment).

If this route into the UK had not been available, it would have prevented many applicants that I have seen who, without large capital sums and through sheer hard work, have then gone on to establish flourishing businesses in the UK, employing many other people in the process.

Depletion time and remaining capital sum will depend on stock performance.

In the Ilott judgement Lord Hughes referred to an earlier similar case involving an adult child (Re Myers) in which the award made was not of an outright capital sum but of a life interest together with power of advancement designed to cater for the possibility of care expenses in advanced old age.

If the insured person sustains bodily injury within 12 months from the occurrence of the accidental bodily injury which is caused due to accident solely and directly by external, violent and visible means resulting in irrecoverable loss of use of two hands or two feet, or of one hand and one foot, or of such loss of one eye sight and such loss of use of one hand or one foot, then the plan covers the same for full capital sum insured.

For all life insurance policies issued on or after April 1, 2012, the tax exemption is available only if the premium amount in any financial year does not exceed 10 % of the actual capital sum assured.This applies to all single life insurance policies as well.

In the event of Death of the insured person due to accident outside her / his residence the expenses incurred for transportation of insured's dead body to the place of residence subject to a maximum of 2 % of capital sum insured or Rs. 2,500 / - whichever is less.

If the amount of premium paid in a financial year for a policy is in excess of 20 % of the actual capital sum assured, then deduction will be allowed only for premiums up to 20 % of the sum assured.

But I believe there are some subtle benefits in targeting income rather than a capital sum when making your investment plans:

In it, he argued that every citizen reaching 21 years of age should receive the capital sum of # 15.

A capital sum like the 2billion dollars in aid the American government give to Egypt every year

The Scunthorpe MP and former minister, who has been barred from standing for Labour at the next general election, said further examination by his own lawyers showed that taxpayers had paid for part of the capital sum of his mortgage.

For example, if you require $ 50,000 p / a before tax and are not receiving any other pension or investment income, you would need to invest a capital sum of $ 1,000,000.

I find it difficult to translate all this into reality without knowing the capital sum you are aiming for as sufficient to retire on.

By taking a loan from a bank, you'll pay back the amount you've borrowed plus interest on the capital sum.

W was therefore given 57 % of the parties» available capital and of their joint pensions and left to find a capital sum for H from the parties» former matrimonial home which she had hoped to retain, in part from which to run a business.

It is possible to carry out enforcement action across UK borders relating to payment of maintenance or payment of a capital sum, but not for property sales or transfers following divorce.

Under Section 28, the court can order payment of a capital sum by one cohabitant to the other.

The court can make a variety of orders, for example, for payment of a capital sum, transfer of property, a pension share, and for spousal maintenance.

Provision for housing could be maintenance and that is likely to be through a life interest rather than a capital sum.

If the court is satisfied that all of these requirements have been met, they can make an award of a capital sum to the surviving partner.

Maintenance post-divorce (termed «periodical allowance») can only be awarded in terms of sections 9 (1)(c), (d) or (e), and then only if a capital sum or property transfer would be inappropriate or insufficient to allow fair sharing.

In an action for divorce, either party may apply to the court for payment of a capital sum; an order for the transfer of property; payment of «periodical allowance» (i.e. maintenance post-divorce); payment of «spousal aliment» (i.e. maintenance pre-divorce); a pension lump sum order; and / or pension sharing, all in terms of s. 8 (1) of the 1985 Act.

Periodical allowance (i.e. maintenance post-divorce) is limited by the 1985 Act, s. 13 (2), to situations where it is justified by s9 (1)(c), (d) or (e) of the Act, and where an order for payment of a capital sum or property transfer would be inappropriate or insufficient.

For example, if the husband had a pension with a CETV of # 100,000, the wife could seek a capital sum of # 50,000 - the husband can not force her to accept pension sharing instead, or a discounted capital sum.

They say that to allow a capital sum as part of the award to fund expenses that will eventually be repaid by a government funded programme will result in double recovery.

The householder pays the registered social landlord a capital sum equivalent to half of what it would have cost to buy the property outright.

If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the outstanding mortgage.

Cover wil be provided under table C for a capital sum insured of Rs 10000 / -

Accidents causing death of the insurer would be compensated by 100 % of the capital sum insured under the policy.

In case of accidental death or permanent disablement that leads to loss of employment while in employment abroad, a capital sum insured Rs. 10 lakh is paid to the insured or his / her nominee or legal representative.

On accidental death or permanent total disablement of the insured, 100 % of the capital sum insured shall be compensated.

For any Permanent Total Disablement shall be eligible for the capital sum insured chosen by the proposer.

For Permanent Partial Disablement sustained in the event of accident, the insured shall be paid fifty percent (50 %) of the capital sum insured chosen by the proposer.

For Permanent Partial Disablement sustained in the event of accident, the insurer shall be fifty percent (50 %) of the capital sum insured chosen by the proposer

Capital sum insured shall be paid in the event of death caused due to any bodily injury within 12 months post sustaining the injury.

For any Permanent Total Disablement, the insured shall be eligible for the capital sum insured chosen by the proposer.

Use of a hand or a foot without physical separation, 50 % of the capital sum insured as mentioned in the schedule.

If the injury takes place within 12 calender months and the sole and direct reason is death of the insured / insured persons, the capital sum insured mentioned in the schedule.

A lumpsum of 2 % of capital sum insured will be paid for transportation in case of accidental death outside the residence (subject to maximum of Rs 2500).

In case of death of the insured person due to bodily injury resulting solely and directly from due to accident caused by external, violent and visible means, the company will pay a lump sum allowance of 1 % of the capital sum insured for transferring the insured person's dead body to the residence.