Sentences with phrase «death benefits payable from»

You can also borrow the funds or take a loan out against the cash accumulation portion, although this canreduce the amount of death benefits payable from the policy.

You can also borrow the funds or take a loan out against the cash accumulation portion, although this canreduce the amount of death benefits payable from the policy.

Not exact matches

It is also clarified that if the Accident occurs during the Policy Term and the death due to the said Accident happens after the expiry of the Policy Term (but within 120 days from the date of Accident), Death benefit will be paydeath due to the said Accident happens after the expiry of the Policy Term (but within 120 days from the date of Accident), Death benefit will be payDeath benefit will be payable.

The credit occurs 12 months from the day that the reversionary death benefit income stream first became payable to Brad.

This is 12 months from the day that the reversionary death benefit income stream first became payable.

Where an ICBC insured at the date of death resulting from a motor vehicle accident comes within an age group set out in column A of the following Table and the insured has the status set out in column B, C or D, the amount of death benefit payable under section 92 is the amount set out below that status and opposite that age group.

There is no benefit payable on death except in case of Deferred Annuity plans and if required only 1 / 3rd of the amount which has been accumulated can be withdrawn from the plan as commuted benefit.

The guaranteed death benefit is not payable in case the life insured (whether sane or insane) commits suicide within 12 months from the date of policy commencement.

In case of the Accidental rider, benefit is not payable for death from accidents which are self - inflicted or due to civil commotions, riots, war, participation in hazardous sport activities, criminal activities or if death occurs 6 months after the accident.

The company's Simplified Life is a graded death benefit whole life insurance policy is issued to those aged 50 — 80, providing death benefits from $ 2,500 to $ 25,000, level premiums guaranteed never to increase and a full death benefit payable after two policy years.

Keep in mind that taking money from your policy immediately reduces both the cash value and the death benefit payable, and can cause the need for more premiums to be paid into the policy in the future.

Which means there waiting period of anywhere from 1 — 3 years where you must survive before death benefits become payable to your beneficiary.

If the life assured commits suicide within one year from the revival date of the policy, if revived, the higher of, 80 % of the premiums paid till the date of death and surrender value, will be payable as death benefit.

Suicide Exclusion: If the Life Assured commits suicide within one year from the risk commencement date or revival date, if revived, whether sane or insane at that time, the Company will limit the Death Benefits to the Fund Value as available on the death date and no insurance benefit will be payDeath Benefits to the Fund Value as available on the death date and no insurance benefit will be paydeath date and no insurance benefit will be payable.

If the Life Assured commits suicide within one year from the revival date of the plan, if revived, the higher of, 80 % of the premiums paid till the date of death or surrender value, will be payable as Death Bendeath or surrender value, will be payable as Death BenDeath Benefit.

Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums paid will be payable as Death Benefits.

If the Life Assured commits suicide within one year from the revival date of the policy, if revived, 80 % of the premiums paid till the date of death, will be payable as Death Benedeath, will be payable as Death BeneDeath Benefits.

If the Life Assured commits suicide within one year from the revival date of the policy, if revived, the higher of, 80 % of the premiums paid till the date of death and Surrender Value, will be payable as Death Benedeath and Surrender Value, will be payable as Death BeneDeath Benefits.

Since the funds are not a loan to the policyholder, the amount paid out under the accelerated death benefit will be deducted from the death benefit payable to the beneficiary.

Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums paid will be payable as the Death Benefits.

If the Life Assured commits suicide within one year from the revival date of the plan, if revived, the higher of, 80 % of the premiums paid till the date of death and surrender value, will be payable as Death Bedeath and surrender value, will be payable as Death BeDeath Benefit

Suicide Exclusions: If the Life Assured commits suicide within 12 months from the policy commencement date or revival date, whether sane or insane at that time, the Company will limit the Death Benefit to the Fund Value and no insurance benefit will be pBenefit to the Fund Value and no insurance benefit will be pbenefit will be payable.

If the Life Assured commits suicide within one year from the revival date of the policy, if revived, the higher of, 80 % of the premiums paid till the date of death and Surrender Value will be payable as Death Bendeath and Surrender Value will be payable as Death BenDeath Benefit.

Suicide Exclusion: If the life assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums paid will be payable as death benefit.

Suicide exclusion under Death Benefit: - In case the insured member commits suicide whether sane or insane, within 12 months from the policy inception date or from the date of inception of the member under the group insurance scheme, whichever is later, then higher of 80 % of the premiums paid or surrender value in respect of concerned insured member is payable to the nominee / beneficiary.

Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums will be payable as Death Benefit.

^ ^ ^ Accelerated Critical Illness means the benefit payable on diagnosis of any specified Critical Illness wherein such benefit if paid will be deducted from the Sum Assured on death.

The other is the Immediate Annuity plan where the individual pays an amount and annuity payments start immediately from the next month or any other period as chosen and there is no benefit payable on death.

Apart from this, if the insured owns a joint term insurance policy, then only one death payout is offered under the policy, even in the case of accidental death of both the insured persons, only one death benefit is payable to the beneficiary of the policy.

Other value addition benefit includes Double Accident benefit which offers an additional benefit equal to sum assured shall be payable if death is caused within 180 days of any bodily injury sustained directly and solely from an accident

If you commit suicide within one year from the revival date of the plan, if revived, only 80 % of the premiums paid till the date of death, will be payable as death benefit.

Suicide Exclusion: If the Life Assured commits suicide within one year from the Policy Commencement Date, whether sane or insane at the time, the Company will limit the Death Benefit to the Fund Value as available on the date of death and no insurance benefit will be payDeath Benefit to the Fund Value as available on the date of death and no insurance benefit will be pBenefit to the Fund Value as available on the date of death and no insurance benefit will be paydeath and no insurance benefit will be pbenefit will be payable.

Exclusions If you commit suicide within one year from the policy inception date, the plan will be void and only 80 % of the premiums paid will be payable as death benefit.

The highlights of the key features and benefits are as follows: ● There are maturity benefits with a sum assured at the end of the term plan ● There are death benefits ● Annual income payments to the family in case of an untimely death ● Maturity amount is free from tax under section 10D, and Premium payable is applicable for rebate under section 80C ● The Policy garners profits from LIC in the way of bonuses

The premium payable amount of the Jeevan Sangam Plan depends upon the age of the policyholder, the maturity sum assured amount selected and needs which change from time to time The plan is also providing a death benefit that would be ten times of the tabular single premium along with some loyalty addition.

Death Benefit Option 2: Regular Income Option: A fixed percentage of the death benefit is payable every month for a fixed number of months beginning from the next month policy anniversary from the date of dDeath Benefit Option 2: Regular Income Option: A fixed percentage of the death benefit is payable every month for a fixed number of months beginning from the next month policy anniversary from the date ofBenefit Option 2: Regular Income Option: A fixed percentage of the death benefit is payable every month for a fixed number of months beginning from the next month policy anniversary from the date of ddeath benefit is payable every month for a fixed number of months beginning from the next month policy anniversary from the date ofbenefit is payable every month for a fixed number of months beginning from the next month policy anniversary from the date of deathdeath.

The outstanding loan amount plus interest is deducted from the benefit payable on death / surrender / maturity.

Apart from the above, death benefit continues like an endowment plan i.e., full sum assured shall be payable on death within the term irrespective of earlier survival benefits.

Accidental Death Benefit In the event of your accidental death, an additional Sum Assured apart from the basic death benefit (as mentioned above) is payable to the nomDeath Benefit In the event of your accidental death, an additional Sum Assured apart from the basic death benefit (as mentioned above) is payable to the nBenefit In the event of your accidental death, an additional Sum Assured apart from the basic death benefit (as mentioned above) is payable to the nomdeath, an additional Sum Assured apart from the basic death benefit (as mentioned above) is payable to the nomdeath benefit (as mentioned above) is payable to the nbenefit (as mentioned above) is payable to the nominee.

Simple Reversionary Bonus vested annually from the end of the 1st policy year and is payable on survival during benefit payout term or death of the life insured / maturity of the policy, as applicable under Pure Income Benefit & Income with Maturity Benefit Option respecbenefit payout term or death of the life insured / maturity of the policy, as applicable under Pure Income Benefit & Income with Maturity Benefit Option respecBenefit & Income with Maturity Benefit Option respecBenefit Option respectively.

In the event of accidental death during the tenure of the policy (provided the life assured is aged 18 years & above on the date of death), an additional sum assured is payable apart from the death benefit mentioned above as per the policy terms and conditions.

Accidental Death Benefit (Extra Life Option) In the event of your accidental death, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nomDeath Benefit (Extra Life Option) In the event of your accidental death, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nBenefit (Extra Life Option) In the event of your accidental death, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nomdeath, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nbenefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nomdeath benefit (as mentioned above) is payable to the nbenefit (as mentioned above) is payable to the nominee.

With the unfortunate demise of the life insured before the vesting date, the death benefit payable to the nominee is the higher of the Fund Value or 105 % of the total premiums paid till date.The nominee has the option to take this amount as annuity from us or to withdraw the proceeds.

It also provides a death benefit of $ 2,000, aside from the $ 50,000 basic No - Fault limit, payable to the heir of one who is entitled for benefit, but was killed in a vehicular accident.

This benefit is payable when place of death is 100 kms or more from the insured's place of residence.

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 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 Benefit under the plan.The policy will terminate on occurrence of Accidental Total and Permanent Disability (ATPD).

The death benefit proceeds are often fully or partially exempt from state inheritance taxes unless payable to the insured's estate.

In case, policy holder expires during the policy term, within 5 years from the date of purchasing the policy then death benefit ie Basic Sum Assured on death (10 times of single premium amount) is payable to his nominee.