Does this cause any problem in the event of
Death of the insured due to Illness?
In case of
death of insured due to an accident then beneficiaries are entitled to a higher compensation.
Accidental deaths cover in the event of
death of the insured due to an accident wherein the entire Sum Insured will be paid to the nominee.
Accidental Death coverage in the event of
death of the insured due to an accident within the plan period, Sum Insured is paid to the nominee as mentioned in the plan.
The Life Benefit is paid upon
the death of the insured due to natural causes while the Accidental Death Benefit, is paid when death is due to an accident.
Not exact matches
a.
Death Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable t
Death Benefit (other than
death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable t
death due to Accident)-- During Waiting period
of 90 days: In case
of the
death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable t
death (other than
due to Accident)
of the Life
Insured during the Waiting Period
of 90 days, the
Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable t
Death Benefit payable will be 100 %
of premiums paid till the date
of death, exclusive of applicable t
death, exclusive
of applicable taxes.
Bharti AXA Life Accidental
Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in f
Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case
of death of the Life Insured due to an accident subject to the rider policy being in f
death of the Life
Insured due to an accident subject to the rider policy being in force.
Generally, if you receive the proceeds under a life insurance contract as a beneficiary
due to the
death of the
insured person, the benefits are not includable in gross income and do not have to be reported; any interest you receive is taxable and you should report it just like any other interest received.
Bharti AXA Life Accidental
Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - f
Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case
of death of the Life Insured due to an accident subject to the rider policy being in - f
death of the Life
Insured due to an accident subject to the rider policy being in - force.
This non-linked and regular pay insurance rider provides 100 % Sum Assured in case
of death of the Life
Insured due to an accident, subject to the rider policy being in - force.
In case
of the
death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be pay
death of the Life
Insured during the grace period allowed for payment
of due premium, the
Death Benefit less the outstanding charges shall be pay
Death Benefit less the outstanding charges shall be payable.
This group life Accidental
Death Benefit Rider offers better protection for the family, in case
of loss
of life
of the Life
Insured due to any sudden accident.
Three
of the top factors used in evaluating a policy include the face amount (
death benefit), the amount
of premiums
due each year on the policy, and the life expectancy
of the
insured.
The legislatively established bright line rule roughly captured the results
of those disputes, with much less litigation cost, while giving
insureds more confidence that they would not be cheated
of their premiums when they died
due to reasons trumped up after the
death by the insurance company.
This rider can provide an additional amount
of death benefit coverage to the policy beneficiary if the
insured dies
due to accidental injuries that occur while he or she is riding as a fare - paying passenger on a common carrier, such as an airplane, a bus, or a train.
Generally, for federal income tax purposes, life insurance proceeds
due to the
death of the
insured are not taxable and don't even have to be reported on a federal income tax return.
With the accidental
death benefit rider, should the
insured die
due to a qualifying accident, his or her named beneficiaries would receive an additional amount
of death benefit.
Once the proper insurance company forms have been completed and recorded by the insurance company, repayment
of any outstanding loan can be paid from the policy cash surrender value or
death benefit should the
insured pass away and the loan becomes past
due.
The beneficiary is entitled to any excess
of policy proceeds over the amount
due the creditor in the event
of the
insured's
death.
In this case, the beneficiary (or beneficiaries) will receive the amount
of the paid - in premiums, plus 7 percent interest compounded annually — if the
insured's
death was
due to natural causes.
This policy provides a graded benefit, which means that if
death of the
insured that is
due to natural causes — in other words,
death that is caused by means other than an accident — during the first two years in which the policy has been in force, the named policy beneficiary will only receive back all
of the premiums that were paid in, plus 10 percent, as versus the face amount
of the policy.
Provides an accelerated
death benefit if the
insured is certified by a physician within the last 12 months as unable to perform two
of six Activities
of Daily Living (ADLs) for 90 consecutive days, or requires substantial supervision to protect himself or herself from threats to health and safety
due to severe cognitive impairment.
It has the ability to advance a portion
of the
death benefits to the
insured due to a terminal or chronic illness.
I always
insure with Allianz and appreciated how sympathetic and helpful they were when I had to cancel
due to the
death of my spouse.
The Janata Personal Accident Policy provides compensation to the
insured or his / her family in the event
of death, permanent disablement, loss
of limbs or loss
of eyesight
due to an accident.
Compensation towards the continuity
of education for the dependent children in case
of death or permanent total disablement
of the
Insured due to accident
There is a trip cancellation benefit wherein the plan will compensate the
insured person against any unforeseen delays, cancellations that may occur
due to
death, hospitalization or an act
of God.
This Oriental Insurance policy provides compensation if one
of the persons in the
insured group sustains injuries, solely and directly because
of an accident caused
due to a visible act
of violence and results in
death, or temporary or permanent disablement.
Worldwide Personal Accident covers for self and family member in case
of death or disablement
of the
insured person
due to accidental bodily injury anywhere in world.
It does not provide any claim amount in case
of the
death of insured person
due to taking intoxicated liquor or drugs.
There is a Double
Death benefit or Permanent Total Disablement Benefit, in which there is payment of double benefit (200 % of the Sum Insured) for the death or the Permanent Total Disablement due to the accident while travelling as a passenger on public tran
Death benefit or Permanent Total Disablement Benefit, in which there is payment
of double benefit (200 %
of the Sum
Insured) for the
death or the Permanent Total Disablement due to the accident while travelling as a passenger on public tran
death or the Permanent Total Disablement
due to the accident while travelling as a passenger on public transport
This HDFC Ergo plan offers insurance to a wide range
of commercial vehicles, protecting businesses from financial loss
due to accidents or damage to the vehicles, and legal liability towards third parties for personal injury,
death and property damage in case
of an accident involving the
insured vehicle.
It does not provide any claim amount in case
of the
death of insured person
due to self injury, or suicide or attempt to suicide.
Trip when cancelled or gets interrupted
due to reasons like sickness, injury or
death of a travelling companion, then the original tickets
of the
insured and the travelling companion indicating travel to the same place for the same dates needs to be submitted.
In case
of death of the
insured during the term
of the plan, the guaranteed payouts
of 150 %
of the premium will be paid as and when they fall
due while the future premiums are waived off.
In the event
of death caused
due to accident or
due to any consequence
of injury within 12 Months post occurrence
of accident is covered up to the full sum
insured amount.
In the event
of Death of the
insured person
due to accident outside her / his residence the expenses incurred for transportation
of insured's dead body to the place
of residence subject to a maximum
of 2 %
of capital sum
insured or Rs. 2,500 / - whichever is less.
Payment
of compensation in respect
of death, disablement, injury, illness disease hospitalization
of the
insured person
due to or arising out
of, directly or indirectly
due to
Payment
of compensation in respect
of Death, Injury or disablement
of the
insured due to arising out
of or directly or indirectly connected with or traceable to war invasion, act
of foreign enemy, Hostilities (whether war be declared or not) War, Rebellion, Revolution, Insurrection, Mutiny, Military or usurped Power, Seizure, Capture Arrests, Restraints and Detainment
of all Kings, Princes and people
of whatever nation, condition or quality so ever.
Capital sum
insured shall be paid in the event
of death caused
due to any bodily injury within 12 months post sustaining the injury.
Third Party Insurance: Under this plan, the
insured individual is protected against the loss / damage that occur
due to bodily injury or
death to a third party or any damage to property because
of the
insured person's vehicle.
Payment
of compensation in respect
of death, disablement, injury, illness disease hospitalization
of the
insured person
due to or arising out
of, directly or indirectly
due to prolonged childbirth or pregnancy.
This plan provides adequate compensations in cases
of visit by an immediate family member
of the
insured in cases
of hospitalization or
due to repatriation
of the
insured person owing to a sudden
death or any kind
of medical emergency in the family, resulting in disturbance in the study.
Payment
of compensation in respect
of death, disablement, injury, illness disease hospitalization
of the
insured person
due to or arising out
of, directly or indirectly
due to war irrespective
of declared or not, invasion, hostilities, civil war, martial law, act
of foreign enemy, rebellion, revolution, insurrection, military or usurper power, riot or civil commotion, seizure, capture, arrests, restraints and detainments.
If the chosen Benefit Payment Preference is Save - n - Gain under any
of the plan option, in case
of death or critical illness suffered by the
insured during the tenure
of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 %
of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium
due date and the plan continues.
In case
of death of the
insured person
due to bodily injury resulting solely and directly from
due to accident caused by external, violent and visible means, the company will pay a lump sum allowance
of 1 %
of the capital sum
insured for transferring the
insured person's dead body to the residence.
The Max Life term plan has an inbuilt Accidental
Death Benefit Rider which states that if the insured dies due to accident during the term of this Max Life term plan, an additional death benefit will be paid to the nom
Death Benefit Rider which states that if the
insured dies
due to accident during the term
of this Max Life term plan, an additional
death benefit will be paid to the nom
death benefit will be paid to the nominee.
Covers trip cancellation cost - you will be provided with compensation for the loss
of accommodation
due to trip cancellation as a result
of death, serious injury or sudden sickness
of the
insured or any close family members
Many insurers charge twice as much to
insure a smoker
due to the high risk
of cancer related
deaths.
Accidental cover, on the other hand,
insures you against financial risk that could occur
due to accidental permanent disability or loss
of income in case
of a
death of the earning member.