Sentences with phrase «covered under a single policy»

If you're looking to have your spouse and children covered under a single policy, the most common way to do so is using riders.

If a couple wants both partners to have insurance coverage but is running into difficulty for one of them, a joint policy can be a great way to cover them under a single policy.

Shriram General Insurance policies help to safeguard your home and are specially designed to meet the insurance requirements of a householder by combining all covers under a single policy.

A maximum of 6 members can be covered under a single policy, whether on an Individual or Family floater basis.

If you're looking to have your spouse and children covered under a single policy, the most common way to do so is using riders.

The number of insured covered under a single policy results to increase in premium.

Not exact matches

Under certain circumstances, people who would otherwise be uninsurable on a single life insurance policy due to their health can be covered with another individual.

Survivorship Builder is a flexible premium indexed universal life insurance policy that covers two lives under a single policy.

Accordingly, there is a very strong case to argue that under Community law where a compulsory motor insurance policy is in place, it covers civil liability for any use of the motor vehicle within the territory of the UK, save for the single instance of the «stolen vehicle» exclusion mentioned above.

It covers two people under a single policy and provides flexibility in terms of premiums and benefits.

For group basis single sum insured level for all family members can be covered under the policy and the parents can take a separate policy.

It combines a number of insurance covers generally taken by householders under one single policy.

This means your insurance company will pay up to $ 1 million for a single incident that's covered under your general liability policy.

Payments made under the Signature Claim Service Guarantee apply to a single loss covered under Collision or Comprehensive and apply no more than once per policy period.

They cover two individuals under just one single life insurance policy — and because of that, they are often less costly than purchasing two single policies.

A survivorship life insurance policy will cover two individuals» lives under one single policy.

Max Life Group Credit Life Premier Plan, a single pay group insurance product providing life cover to the borrowers of banks / financial institutions under one group master policy.

This policy covers both your parents under a single sum insured and there is discount of 5 % on the insurance premium

Therefore, portability request from a customer who wants to port out a single member from a floater cover with a higher sum insured than what is available under the existing policy is likely to get rejected.

National Insurance Parivar Mediclaim Policy covers your family under single floater sum insured against medical expenses and illnesses.

Covers maximum 5 family members (upto a maximum of 2 adults and 3 children under a single MediPrime family floater policy)

Many companies provide family floater policies that offer complete cover to the insurer's family under one single umbrella.

If more than one person is covered under a single critical illness policy, each member qualifies to get cover once during the policy tenure.

A family health insurance plans, therefore, is one that covers the entire family under a single umbrella policy protecting the primary insured, the spouse, children and any additional members.

If the person insured is less than 8 years of age than the risk cover under this plan will commence from 2 years after the start of the policy or from the anniversary of the LIC single premium policy coinciding with or immediately following the date of the person turning 8 years of age.

In addition, the low life insurance cover relative to your premium offered by single premium policies greatly reduces the tax benefits given to insurance under Sections 80C and 10 (10)(D).

This policy covers medical expenses incurred by the entire family under a single sum assured.

Family Discount: 5 % discount if 2 or more family members are covered under a single individual policy.

The plan offers a comprehensive plan benefits under single policy to achieve the milestones in your life like buying a house, child education, funds for retirement, etc.The plan offers extended life cover which exists even after the policy matures.

The policy covers all the major risks in a single policy which are otherwise needed to be covered under separate policies.

Provisions under Kotak Complete Cover Group and LIC Single Premium Group Insurance mainly include policy renewal and different types of riders.

Floater cover benefit is offered by insurances to get family (self, spouse, dependent parents, dependent children, brothers and sisters) covered for the same sum insured under a single policy by paying one premium amount.

Suresh Agarwal, executive vice-president and head, distribution and strategic initiatives, Kotak Life Insurance, says policies that assure returns are designed to give a higher cover under a single plan.

There is no divisible premium, so the policy holder pays a single premium to cover all risks named under the policy.

So in a nutshell, it is important to make sure that you buy the right amount of sum assured or life cover under a life insurance policy with a single premium to take tax benefits.

This will allow you to cover two lives in a single policy under same terms and conditions.

Family Floater Insurance Plan: With this plan, you can cover all your family members against diseases under a single policy.

If the whole family is covered under a single primary policy, then the named beneficiaries could only be changed and ultimately decided by the primary policy holder.

Single agents are typically covered under their broker's policy and do not secure individual policies unless their broker is uninsured.