Sentences with phrase «cover during the term of the policy»

It is a unit linked non-participating endowment assurance plan which offers investment cum insurance cover during the term of the policy.

In case of an accident, an additional amount will be paid to you by your insurer along with the base life cover during the term of the policy.

Not exact matches

In a term life insurance policy, you pay an annual premium that covers the risk of death during that year.

Paired with a health insurance and long - term disability insurance policy, it can help cover the costs of medical expenses, as well as related costs from being unable to work during recovery, providing you with a full financial safety net.

Terminal illness cover is designed to cover you if you die or are diagnosed as being terminally ill during the policy term, and in the opinion of your hospital consultant and our medical officer, the illness is expected to lead to death within 12 months.

If you die during the policy term your insurer will pay the calculated amount of cover at that time.

You choose the amount of cover you want and the amount of cover reduces each month during the policy term and is calculated to be enough to equal the capital outstanding under a normal repayment mortgage.

Examples of «willful neglect» from the comments in The Federal Register help define the term: (1) disposal of a hard drive in an unsecured dumpster where the covered entity failed to implement policies and procedures to safeguard PHI during the disposal process; (2) failure to respond to an individual's request for restriction of the uses of PHI where the covered entity did not have any policies and procedures in place for consideration of the request for restriction; (3) a covered entity's employee loses a laptop that contains unencrypted PHI and the covered entity feared for its reputation if the incident became public and decided not to provide the appropriate notification.5 In each of the examples, the covered entity had actual or constructive knowledge of the violations.

The appellant was injured during his employment when he was covered by a Long Term Disability policy, but did not appreciate the significance of his injury during his employment.

Top up for CSC Saral Sanchay and Basic Life Cover premiums, is an extra amount of money that you can pay at any time during the policy term.

In India, the word term insurance refers to a policy that provides financial cover by assuring an amount for the life of a person who is the policyholder during a specified interval of his life (called the term).

Top up for Wealth Enhancement Ace and Basic Life Cover premiums, is an extra amount of money that you can pay at any time during the policy term.

If you're not completely sure what term insurance means, then to put it simply, it is a life insurance which solely covers death benefits and which is only payable if you die during the life of the policy.

The claim is not covered under your occurrence policy either, since Ed's injury did not occur during the term of that policy.

Term life insurance policies frequently last as long as 30 years, and whole life insurance policies can last the entire lifetime of the insured, so it's very likely that during that time the document has moved or become covered by other records and household items.

Often considered a temporary policy, term life insurance is only meant to cover you for a specific «term» or period of time during which the premiums may remain level.

This includes a short - term disability insurance policy, which can help cover costs during the first one to four months of your disability.

If all the premiums under the policy are paid up to date, at maturity, the sum of all mortality charges (Life Cover charges), including mortality on Top - up SA, if any, deducted during the policy term will be added to the Fund Value.

The longer the term, the more expensive the policy may become since it covers a longer time span, so the risk of the insured dying during the term will increase.

Economic conditions can also play a role for term life insurance rates as it did during the Great Recession when investors became wary of lending money at low rates as insurance companies, to cover a policy, must put up a large amount of capital.

In a term life insurance policy, you pay an annual premium that covers the risk of death during that year.

Term life insurance, as the name suggests, is a life insurance policy that covers a set number of years and would pay the lump sum death benefit to the beneficiary if the insured person died during the term of the polTerm life insurance, as the name suggests, is a life insurance policy that covers a set number of years and would pay the lump sum death benefit to the beneficiary if the insured person died during the term of the polterm of the policy.

It's a benefit policy that's used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term.

It is improper to deprive long term policy holders the value of the contract which they entered into with good faith fully expecting to be covered during the policy and to the maturity of the policy.

Young families often choose term insurance as their primary policy type, and business owners select this type of policy during the startup phase to cover key personnel.

For a claim to be covered, it must be made against an insured during the term of the policy.

Term policies are great for covering you during the years of your life where you need the highest face amount without having to pay excessive premiums to get it.

The best example of this is flight insurance - a term policy that covers you only while during the plane trip.

The occurrence form covers bodily injury or property damage claims that occur during the policy term, regardless of when the claim is reported.

If the policyholder dies during the term of the policy, company will pay full cover value.

In case of an unfortunate event during the course of the policy term, life cover amount of $ plus accumulated bonus is paid to the life insured's family

The policyholder is covered from mishaps like death during the specific time of the policy term.

Top up for Saral Shield Plan and Basic Life Cover premiums, is an extra amount of money that you can pay at any time during the policy term.

Accelerated CI benefit is payable on diagnosis of any of the specified Critical Illness during the CI Benefit cover period, provided the policy is in - force and meets the terms and conditions (Please refer to the detailed sales brochure for further details).

Auto Cover (available only once during the policy term)- After paying premium for minimum number of two years, if you are unable to pay the premium within the grace period, you will be eligible for an Auto Cover of one year.

In this plan risk cover is automatically increase after every 5 years during the term of the policy.

In the case of an unforeseen event of the demise of the insured, this scheme offers financial security for the loved ones not only during the term of the policy but also ahead of the term of the policy term all through the Extended Cover Period.

In case of your demise during the policy term, the decided cover amount is paid to your nominee.

Money Back Plans by LIC are life insurance policies that provide life cover during the policy term and payment of maturity benefit is made in instalments via survival advantages every 5 years.

Under this plan, if the life assured is deceased during the term of the policy, the life insurance cover double folds itself.

Add - on benefit of enhancement in protection by way of an Inflation Protection Cover during the policy term

If policyholder feels that he / she needs cover for additional risks, then he / she may opt for these rider features, and these include the accidental death and accidental disability riders and can be opted along with the basic plan during any policy anniversary of the premium paying term of the policy by payment of the additional premium amount.

In the event of insured surviving the policy term, there is no payment on maturity of the policy, as the term insurance is intend to cover only the risk of death during the term of policy.

So, for instance, if you buy a critical illness cover of Rs. 25 lakhs for a policy term of 20 years, you will receive the lumpsum amount in case you are diagnosed with an illness that is already specified in the policy document anytime during the policy term.

It provides life cover to the insured against the risk of untimely or pre-mature death during the policy term.

Top up for Basic Life Cover and Exide Life Immediate Annuity premiums, is an extra amount of money that you can pay at any time during the policy term.

This is a type - 1 Ulip: on death of the policyholder during the policy term, the insurer pays higher of the fund value or the insurance cover.

Particularly intended to meet educational, marriage and other needs of a growing children, it provides risk cover to the insured child during the policy term.

From an insurance perspective, this is a type - 1 Ulip: on death of the policyholder during policy term, insurer pays higher of the fund value or the insurance cover subject to a minimum of 105 % of the premiums paid.

Term life insurance covers you for a set period, such as 10, 15, 20 or 30 years, and will pay your loved ones the face value of your policy if you die during that time.