Sentences with phrase «deducted on cancellation»
The mortality charges are deducted on cancellation of units at the beginning of every month of your plan.
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Policy Administration Charge, which is deducted by the cancellation of units on a monthly basis.
If you file a request for cancellation on 16th of January, the premiums of February and March will not be deducted from your account and you will not be charged any cancellation fee.
The Policy Administration Charges given above are deducted from the unit account on monthly basis at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of units.
The premiums paid are refunded back on such cancellation after deducting some relevant expenses
It is deducted on each Policy Month Anniversary from the policy account value by cancellation of units.
Service Tax Charges: The service tax on charges will be deducted by cancellation of units.
Upon cancellation of the policy, the insurer deducts the amount spent on medical checkup of the insured.
Accidental Death Benefit Charges: Annual Charge for Accidental Death Benefit up to age 65 is Rs 1 per 1000 Sum Assured and it is deducted on the monthly basis by cancellation of units.
Premium Payor Waiver Benefit Charges: A level charge is deducted on 1st day of each policy month by cancellation of units.
Mortality Charge: Mortality charge is levied on Sum at Risk and it is deducted on a monthly basis, by cancellation of appropriate number of units.
This is the charge for the administrative working of the policy and is deducted by cancellation of units on a monthly basis.