Sentences with phrase «cover till death»

Not exact matches

If the child dies during this period, the aggregate premiums paid till death is returned since life cover is not available during that period.

In case the child dies during the deferment period, the premiums paid till the date of death are returned because the life cover is not applicable during that period.

On death after the risk cover has begun, the Sum Assured (SA) on death + vested simple reversionary bonuses + Final Additional Bonus, if any, is payable subject to a minimum of 105 % of all premiums paid till death.

Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability: If the policyholder suffers from an accidental total permanent disability, all the future premium till the end of policy term or death of policyholder, whichever is earlier, shall be waived and paid by the company itself.

Death Benefit: The policy covers the insured till 100 or 85 years of age and in case the insured dies within policy term, the nominee shall be eligible for a sum assured payable on death that is higher of sum assured on maturity or 11 times annualized premium or 105 % of all premiums paid till the date of Death Benefit: The policy covers the insured till 100 or 85 years of age and in case the insured dies within policy term, the nominee shall be eligible for a sum assured payable on death that is higher of sum assured on maturity or 11 times annualized premium or 105 % of all premiums paid till the date of death that is higher of sum assured on maturity or 11 times annualized premium or 105 % of all premiums paid till the date of deathdeath

I just bought Max Life with 1 cr cover + accidental death option and waiver of premium applicable till 75 years of age.

Hello sir, I am a 25 yr old female.recently I have inquired about the iterm forever plan from aegon life insurance.and they told me the premium amount is around Rs. 11000 yearly for me if I pay till death which will cover upto 100 yrs of age.

It is covered under whole life policy of LIC, but here there is premium payment up to a defined period and coverage is till death.

So, while maturity benefit is paid out at a certain age, say 80, even if the insured person lives to say 90 years, insurance cover will remain active till he is alive, and when he dies, his nominee gets the death benefit.

In a life annuity plan, annuity payments continue till the death of the person covered, irrespective of age.

In case of an unfortunate event of death of the Life Insured during the Policy Term, the sum of benefits will be payable to the nominee which is Basic Life Insurance Cover + Accrued Non-Guaranteed Annual Simple Reversionary Bonus + Non-Guaranteed Terminal Bonus accrued till death.

It is true that a pure life policy, such as a term life insurance does not provide returns, in case of your survival till end of the policy term, but this policy is aimed to getting an insurance cover that becomes helpful in the event of your death (life insured).

Departmental health Insurance cover available till death.

In the event of death (of child) before commencement of risk (life cover), you will get back total premiums paid till date excluding taxes and rider premium.

Hello Sachin, In case you apply for the policy (premium paid) and later decide to discontinue due to premium being increased, the company may deduct charges for 3 things: 1) Medical Examination Cost 2) Stamp Duty Charges (if already paid)-- Stamp Duty is applicable in case of Life Insurance Policies 3) Mortality Charge (cover for risk of death) for Life Insurance cover offered till the time of cancellation of the policy.

Till about some years back, insurance companies offered simple term plans wherein policyholder paid regular premiums throughout the plan tenure and got cover till 60 — 65 years and the claim was paid if death happened during the plan tenTill about some years back, insurance companies offered simple term plans wherein policyholder paid regular premiums throughout the plan tenure and got cover till 60 — 65 years and the claim was paid if death happened during the plan tentill 60 — 65 years and the claim was paid if death happened during the plan tenure.

All life insurance policies covering burial expenses should be permanent life insurance, meaning that the coverage exists till death.