Sentences with phrase «death of the insured except»

I think the company is liable to pay to insured nominee in case any reason death of the insured except mention above.

Not exact matches

Fundamentally, an annuity is an insurance policy, except that instead of insuring against an early death as life insurance does, an annuity is insurance against living so long that you run through your savings.

In the event of any death of or bodily injury to any person including occupants carried in the vehicle but except so far as it is necessary to meet the requirements of Motor Vehicles Act, the Company shall not be liable where such death or injury arises out of and in the course of the employment of such person by the insured under any its plans.

If the insured dies during the term, the beneficiaries will receive the death benefit regardless of the cause of death, except in the case of suicide.

In case of death of life insured due to actual or attempted suicide within 12 months No benefit is payable, except to the extent of a maximum of 90 % of single premium paid excluding any extra premium (in case of single premium policies).

Life insurance death benefits are generally tax - free — except when three different people play the roles of policy owner, the insured and the beneficiary.