Sentences with phrase «death benefit under»

Adoptive Benefit Bereavement Grant Blind Pension Carer's Allowance Carer's Benefit Child Benefit (See Note1) Constant Attendance Allowance (OIB) Death Benefit under the Occupational Injuries Scheme (OIB) Disability Allowance Disablement Benefit (OIB) Domiciliary Care Allowance Family Income Supplement Farm Assist Guardian's Payment (Non-Contributory) Health And Safety Benefit Illness Benefit Incapacity Supplement (OIB) Injury Benefit (OIB) Jobseeker's Allowance Jobseeker's Benefit Maternity Benefit One - Parent Family Payment Pre-Retirement Allowance State Pension (Non-Contributory) Scheme Widow's Widower's or Surviving Civil Partner's (Non-Contributory) Pension Widowed or Surviving Civil Partner Grant
In case of accidental death, the Accident Benefit Sum Assured will be payable as lump sum along with the death benefit under the basic plan.
Death Benefit under PMJDY Scheme: The nominee of the account holder will be entitled to receive death benefit of Rs. 30,000 / - in case of the unfortunate death of the account holder on account of any cause.
Death Benefit under this plan = 10 times of tabular premium amount ie Single premium amount — Service Tax.
A death benefit under this plan is tax free.
In case of Total Permanent Disability suffered by the life insured due to an accident either immediately or within 90 days from the date of Accident, the benefit payable to the nominee will be same as Death Benefit under the plan.The policy will terminate on occurrence of Accidental Total and Permanent Disability (ATPD).
The death benefit under this plan is subject to a minimum of 105 % of total premiums paid.
Death benefit under this plan is not less than 105 % of total premiums paid (as on the date of death).
This amount is in addition to the Death Benefit under the Base Policy.
Even if the relationship is terminated, as long as she continues to pay the premiums she will be able to collect the death benefit under the policy.
The Rider Sum Assured in addition to the Death Benefit under the Base Policy will be paid to the nominee and the rider will cease to exist.
The Death Benefit under a Unit Linked plan contains a Fund Value, which will be released within 48 hours of the intimation.
If no option is designated, the beneficiary (ies) of the life insurance plan may choose to receive the death benefit under the options shown below.
In this plan, if the Life Insured dies within the Policy Tenure, the nominee would receive the Death Benefit under:
For example, the whole life insurance policy that might cost you an annual premium of $ 2,000, might be just $ 200 or $ 300 for an equivalent death benefit under a term life insurance policy.
You are entitled for a tax free maturity / death benefit under Section 10 (10D) only if the minimum sum assured throughout the policy term remains 10 times the single premium paid.
Premiums paid and maturity / surrender / death benefit under this policy provides tax benefits under section 80C & 10 (10D) of the IT Act, 1961.
The death benefit under this payout option is higher of 10 times the annualized premium, 105 % of total premiums paid, or the basic sum assured.
Child life insurance is typically sold as a whole life insurance policy with a death benefit under $ 100,000.
Any money that is not spent on nursing care benefits will be distributed to your heirs as an income tax - free death benefit under Internal Revenue Code Section 101 (a)(1).
This may eventually reduce the death benefit under the policy.
The death benefit under the plan can be taken in lump sum, as annual incomes and as increasing annual incomes.
Unlike other LIC plans, you don't get any death benefit under this plan.
We recommend applying with another life insurance company if you're unwilling or unable to provide tax returns, or apply for a death benefit under $ 1 million if you're under age 67.
Income tax benefit on the premium paid as per Section 80CCC and on the death benefit under Section 10 (10D) of the Income Tax Act.
Income tax benefit on the premium paid as per Section 80CCC of the Income Tax Act, on the commuted part under Section 10 (10A) and on the death benefit under Section 10 (10D)
Decreasing Term Life Insurance: where the death benefit under the plan decreases with time and the renewal premium is constant.
The death benefit under this Reliance term insurance plan will be calculated as the higher of the Sum Assured or 10 times the annual premium or 105 % of all premiums paid till the date of death.
On death of the policyholder, the death benefit under both the options will be higher of the SA on death or 105 % of all premiums paid + vested reversionary bonuses, Guaranteed Additions and terminal bonus, if any
Tax benefits can be availed on the premiums paid and the Death Benefit under sections 80 (C) and 10 (10D) of the current Income Tax Act.
The death benefit under this plan is the sum assured + return on premium excluding the extra riders and the first year's premium + loyalty addition.
Timely payments guarantee that your beneficiaries will receive the death benefit under the two month settlement time frame.
If you are a casualty of war, you insurance company is not responsible for paying the death benefit under this clause.
Any death benefit under the Unit Linked Group Gratuity Plan is tax - exempt under section 10 (10D) of the Income Tax Act, 1961
Even if paid by a modified endowment contract, a death benefit can still be passed on to beneficiaries tax free, assuming that the normal requirements for a tax free death benefit under life insurance rules are met.
There is only death benefit under the standard term plan.
Any sum received other than as death benefit under an insurance policy which has been issued on or after April 1 2003 and if the premium payable in any of the years during the term of the policy does not exceed 20 % of the sum assured.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
Are there any insurance companies that will pay a full death benefit under the two year period if all of the correct and updated information is provided?
Usually, when you collect a death benefit under a life insurance policy, it will be exempt from federal or state income tax, adds Hamilton.
There are two preferences of payment of death benefit under this HDFC child plan which are Save Benefit and Save - n - Gain Benefit and the death benefit will be paid as per the Benefit Payment Preference chosen by the policyholder at the time of buying the plan
The death benefit under any case shall not be lower than 105 % of all premiums paid till the date of death.
Two modes of payment of death benefit under this HDFC child plan: Save Benefit and Save - n - Gain Benefit
A contract falls within the cash value corridor of this subsection if the death benefit under the contract at any time is not less than the applicable percentage of the cash surrender value.
«insured person» includes a person who is claiming funeral expenses or a death benefit under the Statutory Accident Benefits Schedule; («personne assurée»)
The Death Benefit under a Unit Linked plan contains a Fund Value, which will be released within 48 hours of the intimation.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
Child life insurance is typically sold as a whole life insurance policy with a death benefit under $ 100,000.
This amount is in addition to the Death Benefit under the Base Policy.
The Rider Sum Assured in addition to the Death Benefit under the Base Policy will be paid to the nominee and the rider will cease to exist.
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