Sentences with phrase «death of the proposer»
Ensures guaranteed continuance of the policy and benefits in an unfortunate case of death of the proposer during the premium payment term.
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The agent also mentions that this product has future premium waveoff on death of the proposer.
In case you buy this one, then in case of unfortunate death of the proposer, all the future premiums will be waived off and the policy benefit will continue.
A term plan is a basic life insurance cover against death of the proposer or life assured.
This rider shall not operate in the event of death of the proposer by his own hands, whether sane or insane within 12 months from the date of issuance of First Premium receipt or within 12 months from the date of revival.
Under this benefit waiver of premiums will be provided on death of the proposer.
LIC's Premium Waiver Rider is available under the LIC child plan which promises waiver of future premiums in case of death of the proposer
This is a policy that covers expenses arising out of any accident that results in the disability or death of the proposer.
LIC's Premium Waiver Benefit Rider is available under the plan where the premium is waived off in case of death of the proposer.
In case of a death of the proposer, the premium will be waived off in the remaining period of the policy.
Waiver of future premiums riders is applicable in the plan where the future premiums shall be waived off and paid by the company after the death of the proposer
In case the proposer suffers any disability, accident or death of the proposer (not the insured), then the premiums for the base policy and riders will be waived.
BSLI Waiver of Premium Rider (UIN: 109B017V02): In the event of death of the proposer or any other eventuality, wherein, the proposer becomes completely disabled due to an illness or accident, or is diagnosed with any of the specified critical illnesses, then all the future premiums of the base plan along with the attached riders are waived off for the remaining policy term or till the proposer attains the age of 70, whichever is earlier.
If due to accidental total disability, first diagnosis of any critical illness or death of the proposer, the future premiums will be waived.
In the case of disability, accident or death of the proposer (not the insured), if the proposer is disabled to pay any future premiums, then the premiums for the base policy and riders will be waived.
Premium waiver rider is applicable under the plan so that after the death of the proposer, the future premiums are waived off and paid by the company
In case of death of proposer and life assured still a minor, all the future premiums are paid by the company and all the future benefits continues
In case of death of the proposer, the premiums under the basic plan falling due after the date of death shall be waived.
The agent also mentions that this product has future premium waveoff on death of the proposer.
Post the death of the proposer, the policy can not be surrendered until the child attains majority.