Sentences with phrase «chosen policy tenure»
Policyholders are offered discounts of up to 25 % plus an additional 15 % (as per chosen policy tenure), if security systems are installed in their homes.
https://www.policybazaar.com/
Most term plans allow you to choose your policy tenure as per your desire among the fixed options of 15, 20, 25, or 30 years of policy term.
The policyholder chooses the policy tenure, the premium paying frequency, the premium paying term and the Sum Assured.
Not exact matches
Aside from tenure - track positions, postdocs chose other career paths such as consulting, grants management, science policy, and more.
Seniority, tenure, bumping rights, LIFO — all of these policies make it easier for teachers to choose (and remain in) the schools they want and harder for administrators to assign them — especially the most senior and likely most effective among them — to schools where they might do more good in classrooms with more challenging (but needier) kids.
Charter policy is not only an argument for, but even an implementation of «no tenure» (regardless that some choose it anyway), as is the call for lifting charter caps.
The policy should be flexible enough to allow you to choose the tenure, the sum assured and the means by which you want to pay the premium annually or half yearly.
As per the suitability of the insured, one can choose from a variety of premium payment option and variety of policy tenure.
If you choose a policy that has a long tenure, the premium rates of the policy will automatically cost you more.
When you choose the tenure of the policy according to the age of your child, you can plan it in such a way, that you get a lump sum amount when the child reaches 18 years of age.
One of the key benefits of this policy is that it allows flexibility to choose between fixed and flexible loan tenure coverage.
Bajaj Allianz Life targeted the low - income market with the launch of a micro insurance product that allows customers to choose between fixed and flexible loan tenure coverage, an exclusive feature of the plan is that the policy term ranges from as less as 6 months to 120 months, with option of single life and joint life coverage
Step 1 — the policyholder chooses the Sum Assured, the tenure, the premium paying term and frequency and whether he wants to opt for the Life Stage Protection benefit in the policy.
Watch out if the policy you wish to opt for offers flexibility to choose the tenure of your choice, the sum assured amount, inbuilt features like terminal / critical illnesses, accidental death benefit and the premium payment modes.
She chooses a term of 25 years and pays regular premiums throughout the policy tenure.
This way, you will be paying a very low premium for the entire tenure by choosing the term insurance policy early in your life.
This varies from policy to policy and also on the policy tenure chosen at the time of policy inception.
Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee
On maturity of the policy, if the insured is still alive, the premiums paid will be returned based on the tenure chosen.
SBI Life — Smart Money Planner also offers the flexibility to choose from four plan options with different policy tenures and premium payment modes.
Premium needs to be paid only for a period of 8 or 9 years while the policy continues for the entire policy tenure of 12, 16 or 21 years as chosen
On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.
The policy tenure can be chosen between 10 and 35 years.
Some insurers give consumer the option to choose the tenure of the policy.
They can choose the premium payment option for a limited or single period of premium payment and can continue to take advantages of the benefits offered by the policy throughout the tenure of the policy.
It is extremely essential to choose the right tenure for your term plan as it plays a major role execution of your financial plan.Before choosing your policy's tenure, keep in mind, that a policy should cover you at least till your retirement.
It is very important to choose the right tenure of your term insurance policy and many of things and benefits are associated with the same.
Based on the policy term chosen, guaranteed additions will accrue for each completed policy year at the rate of 7 % of the sum assured for policy tenure of 5 years and 9 % of the sum assured for policy tenure of 10 years
If you feel you need to choose a policy with a tenure up to the age of 70 and 75 years, think about it!
When you buy this plan, the life cover and the premiums that you choose based on your needs and liabilities remains constant for the entire tenure of the policy.
The Sum Assured would also depend on the policy tenure, age and the monthly premium chosen.
For example, Endowment Policies have a lump - sum maturity benefit, Money Back Plans have regular payments during the entire policy tenure as pre-defined schedule and Unit Linked Insurance Plans have an opportunity to choose your investments even in equity!
In this plan, you can choose Loan Tenure, i.e. the Policy Term, Loan Interest Rate, i.e. Appropriate Fixed Interest Rate of the Loan, Loan Principle, i.e. the Sum Assured and Premium Payment Mode.
The policy should be flexible enough to allow you to choose the tenure, the sum assured and the means by which you want to pay the premium annually or half yearly.
One can also choose a return of premium term plan, which ensures that you get back all the premiums you paid, in case you outlive the policy tenure.
«While choosing a life insurance policy, one should consider their need, the type of policy and whether it suits their need, understand all terms and conditions of plan like cover amount, premium paying term, policy tenure and hence the date of maturity, tax benefits, flexibility etc. and not depend on claim settlement ratio alone,» says Deepak Yohannan, CEO, MyInsuranceClub.com.