Sentences with phrase «chosen by the policyholder»

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding loadings for modal premiums, if any, and applicable taxes.

Dollar - amount deductibles are a set amount chosen by a policyholder when they purchase a home insurance policy.

* Annualised Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

2) After designing a living benefit for an annuity, you notice that one option is being chosen by policyholders, and the rest not.

The plans are designed in such a manner that from a specific date, which is chosen by the policyholder, the insurance company will pay pensions or annuities regularly till the policyholder is alive.

The benefit is payable at the rate of 25 % of the Basic Sum Assured chosen by the policyholder and 25 % of the accumulated Simple Reversionary Bonuses.

The rate of the benefits payable is 1 % of the Sum Assured every month or 11.5 % of the Sum Assured every year as chosen by the policyholder.

If the life insured dies during the term of this LIC online term plan chosen by him at the starting of the plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy

Discovery Life Group Risk LIFE PLAN: The Discovery Life Group Risk LIFE PLAN includes various combinations of benefits that can be chosen by the policyholder.

The annuity payments will then start immediately from the next frequency which was chosen by the policyholder and will be payable for his entire lifetime.

Fund Management Charges are deducted on a daily basis and varies according to the funds chosen by the policyholder.

If the annuitant commits suicide, no benefit will be payable but if the Return of Purchase Price Option is chosen by the policyholder, then, on suicide, the Purchase Price is paid back to the nominee

The balance is invested in the investments chosen by the policyholder

On maturity, the maturity benefit will be paid as per the Maturity Option chosen by the policyholder.

The premium paid net of charges is invested as per the investment option chosen by the policyholder from a choice of 3 options namely — Return Optimizer Option, Systematic Transfer Option, and Self - Managed Option.

Fund Management Charges are deducted annually and varies according to the funds chosen by the policyholder.

There are two preferences of payment of death benefit under this HDFC child plan which are Save Benefit and Save - n - Gain Benefit and the death benefit will be paid as per the Benefit Payment Preference chosen by the policyholder at the time of buying the plan

The premium paid net of charges is invested as per the investment option chosen by the policyholder from a choice of 4 options namely — Smart Option, Return Optimizer Option, Systematic Transfer Option, Self - Managed Option.

The Child Benefits differ depending on the plan option chosen by the policyholder.

The variable survivorship product ties the cash value to underlying investments chosen by the policyholder.

Variable universal life ties the cash value growth to underlying investments, similar to mutual funds, chosen by the policyholder.

Annualised premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums, loadings for modal premiums, service tax and cess, if any.

Variable universal life ties the cash value growth to investments chosen by the policyholder.

These funds can be chosen by the policyholder.

If any top up premium shall be paid under the policy in which loan is availed of, the top up premium will be first adjusted towards outstanding loan and interest on outstanding loan, if any, and the balance available shall be invested in the fund (s) chosen by the policyholder after deduction of applicable charges.

Guaranteed Death Benefit + Accrued Paid - up Additions (if any) + Terminal Bonus (if any) Here, the Guaranteed Death Benefit is computed as the highest of 11 times the Annualised Premium or 105 % of all premiums paid by the Policyholder as on the date of death of the Life Insured or Guaranteed Maturity Sum Assured chosen by the Policyholder at the time of taking the policy.

This death benefit is 10 % of the Sum Assured chosen by the policyholder when buying the plan.

A lump sum amount is paid on death of the life insured which is equal to 10 % of the Sum Assured chosen by the policyholder.

The coverage offered to spouse shall be equal to 50 % of the Sum Assured chosen by the policyholder subject to a maximum of Rs. 50 lacs.

Under the Unit linked plans the fund option is chosen by the policyholder.

Death benefits - incase of the death of the policyholder before maturity, the sum assured is paid in accordance «mera family payout» option chosen by the policyholder.

In addition, a monthly income equal to 0.5 % of the Sum Assured shall be payable for a period of 10 years.The monthly income can be level or increasing at 10 % p.a. as chosen by the policyholder.

In the earlier version, Sum Assured = X times the annualized premium, where annualized premium is the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

In case of death of the life insured, the nominee will receive a lumpsum payout that was chosen by the policyholder, which is 100 % of Sum Assured.

Thereafter the incomes are paid as per the benefit option chosen by the policyholder.

The payouts start immediately after the PPT is over and continue for 8 - 15 years (as chosen by the policyholder).

The funds are allocated to the Flexi Cap Fund and Protector II Fund in proportions chosen by the policyholder.

These can be customized and chosen by the policyholder as per their preferences.

Under the Auto Funds Rebalancing option, the funds rebalance themselves every 3 months in the ratio chosen by the policyholder at the commencement of the plan while investing money.

Suicide: In case the insured commits suicide within the first year of the iMaximize Single Premium plan, the policy will terminate immediately and the fund value till date will be paid out to the beneficiary chosen by the policyholder.

Every three - policy months, the policy automatically rebalances the allocation of the investments in various funds to the allocation proportions as chosen by the policyholder.

Depending on the Sum Assured chosen by the policyholder, comprehensive protection is provided by the policy.

Every three - policy months, the policy automatically rebalances the allocation of the investments in various funds to the allocation proportions that were chosen by the policyholder.

There is mode discount for yearly and half - yearly premium payments and for higher sum assured chosen by the policyholder.

The premiums paid after adjusting the applicable charges are invested in a choice of fund chosen by the policyholder.

The premiums paid net of charges are invested as per a choice of three investment options chosen by the policyholder namely Self - Managed Option, Automatic Asset Rebalancing Strategy and Systematic Transfer Plan

Death benefit option shall be chosen by policyholder at inception and it can not be changed during the Policy Term.

Step 2 - after the premium paying term is over Guaranteed Cash Benefit is paid monthly or annually as chosen by the policyholder till the term is over.

The benefit would depend on the option chosen by the policyholder when the plan was bought.