Sentences with phrase «case of death of policy holder even»

As per the above table, it is clear that premium for lesser term is more than that for higher term and total premium to be paid not to be confused with sum assured as it is minimum amount to paid to nominee in case of death of policy holder even single premium has been paid.

Not exact matches

Life insurance living benefits — also referred to as a policy's accelerated death benefits — can allow the policy holder to use some (or in some cases, even all) of the death benefit proceeds during his or her lifetime.

This benefit of amount is generally applicable after the maturity of the policy, but even at cases of death of the policy holder and sometimes during critical illnesses.