Sentences with phrase «continues till end of the policy term»
There are some policies which continue till the end of the policy term even though the loan is repaid, such policies are provided by life insurance companies.
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With the waiver of premium benefit, a child plan continues till end of the policy term, even after death and the maturity benefit is also payable.
You plan benefits remain continue till the end of policy term.
On death of the Life Insured anytime during the term of the policy, the policy shall continue till the end of the Policy Term and the nominee shall get the following benefits:
However the life cover continues till the end of the policy term.
Not exact matches
He continues to receive the maturity benefit in regular instalments from the end of the policy term till the end of the 19th year.
In the event of death of the policyholder, the future premiums are waived off through the inbuilt Waiver of Premium rider but the policy continues to run till the end of policy term
Extended Benefit if the life assured survives till the end of the policy term, the policy will continue till the life assured attains the age of 100 years.
The Policy will continue even after the Death of the Life Insured till the end of the Policy Term.
Policy Termination or Surrender Benefit: the policy may be surrendered by the Master policyholder but the member may continue the cover till the end of the term but there is no Surrender Value pPolicy Termination or Surrender Benefit: the policy may be surrendered by the Master policyholder but the member may continue the cover till the end of the term but there is no Surrender Value ppolicy may be surrendered by the Master policyholder but the member may continue the cover till the end of the term but there is no Surrender Value payable
The Policyholder will continue to receive these Benefits till the end of the policy term or in the unfortunate event of death, whichever is earlier.
He continues to receive the maturity benefit in regular instalments from the end of the policy term till the end of the 19th year.
Maturity benefits: Unlike traditional life insurance, term benefit policies offer total refund of premiums and additional bonus to the policy - holder, if the policy is continued till the end of the term.