Fund Value means the market value of the units as on date of Intimation excluding sum assured and any other death benefit after
deducting applicable charges as per «policy bond» as on date of Intimation.
Refund will be made to the debit card account / credit card account / cash card account / net banking account / online wallet, after
deducting the applicable charges.
Fund Value means the market value of the units as on date of Intimation excluding sum assured and any other death benefit after
deducting applicable charges as per «policy bond» as on date of Intimation.
Not exact matches
If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after
deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any
applicable taxes or other governmental
charges).
When an Account Owner purchases Class A Units, the
applicable Initial Sales
Charge is
deducted from the dollar amount of the contribution.
In case you do not renew the policy, we will pay you the fund value * after
deducting applicable surrender
charges if any.
Every day, the fund uses the market prices of its holdings,
deducts all
applicable expenses /
charges and arrives at the Net Asset Value or NAV.
For Aviva New Group Leave Encashment Plan, premium allocation
charge is
deducted from the fund value and policy administration
charge is not
applicable.
The refunds will be directly credited in your bank account, after
deducting applicable cancellation
charges.
At the end of the policy term, on the date of maturity, the total amount of mortality
charge deducted throughout the policy term w.r.t regular premium and top - up premium, if any, will be added back, respectively, into the Regular Premium Fund Value and into the Top up Fund Value, as
applicable.
Determined by a formula that measures the change in the U.S. Treasury Constant Maturity yield plus the
applicable Barclays Capital U.S. Corporate Bond Index, the MVA will add or
deduct an amount from your annuity or from the withdrawal amount you receive.4 A MVA only applies when the policyowner surrenders or makes a withdrawal from the contract that is greater than the surrender -
charge - free withdrawal amount during the surrender
charge period.
Unlike traditional insurance policies, ULIP schemes have a list of
applicable charges that are
deducted from the payable premium.
If policy is surrendered before the completion of lock - in period of 5 policy years from the policy commencement date, the Surrender Value equal to Fund Value less
applicable Discontinuance
Charge will be kept in the Discontinued Policy Fund and no subsequent
charges other than Fund Management Charges for discontinued policy fund will be de
charges other than Fund Management
Charges for discontinued policy fund will be de
Charges for discontinued policy fund will be
deducted.
For Star Union Dai ichi Group Retirement Benefit Plan, premium allocation
charge is
deducted from the fund value and policy administration
charge is not
applicable.
During the extended deferment period, all
applicable charges will get
deducted.
In case of a Unit Linked Life Insurance Policy, if the policyholder chooses to withdraw the policy completely, before the completion of 5 years, then the Fund Value after
deducting the
applicable surrender
charges are transferred to the Discontinued Policy Fund.
For Birla Sun Life Empower Pension Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Exide Life Prospering Life Plus, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
If the surrender of the Policy is done within the Lock in Period, Co. will credit the Fund Value by creation of Units into the Discontinuance Policy Fund after
deducting applicable Discontinuance / Surrender
Charges.
However funds would move to pension conservative fund and all
applicable charges would be
deducted from thereon.
Surrender
Charges: A surrender
charge may be
deducted for premature partial or full encashment of units wherever
applicable, as mentioned in the policy conditions.
The premiums collected from you will be credited to your Individual Policy Account (IPA) after
deducting the
applicable premium allocation
charge.
You may cancel your current policy with the insurer and the insurance company will refund you the premium amount after
deducting minimal
applicable charges.
For Max Life Forever Young Pension Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For IndiaFirst Money Balance Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
The funds will move to the Pension Conservative Fund and all
applicable charges will continue to be
deducted.
If this Policy is surrendered during the Lock in Period, the Fund Value to the Pension Discontinuance Policy Fund is credited after
deducting the
applicable Surrender
Charges.
For Aegon Life Future Protect Plus Insurance Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Max Life Fast Track Super Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Max Life Shiksha Plus Super Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For TATA AIA Super Achiever, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Wealth Accumulation Cover Plus, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For ICICI Pru Guaranteed Wealth Protector, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For SBI Life Smart Elite, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Edelweiss Tokio Wealth Enhancement Ace, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For SBI Life Smart Wealth Builder, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Canara HSBC Dream Smart Plan, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Canara HSBC Shubh Labh, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Edelweiss Tokio Wealth Accumulation, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Bajaj Allianz Group Superannuation secure, premium allocation
charge is
deducted from the fund value and policy administration
charge is not
applicable.
For Edelweiss Tokio Group Wealth Accumulation, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Shriram Ujjwal life, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For TATA AIA Wealth Pro, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Future Generali Bima Advantage Plus, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For HDFC SL ProGrowth Flexi, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
Hello Sachin, In case you apply for the policy (premium paid) and later decide to discontinue due to premium being increased, the company may
deduct charges for 3 things: 1) Medical Examination Cost 2) Stamp Duty Charges (if already paid)-- Stamp Duty is applicable in case of Life Insurance Policies 3) Mortality Charge (cover for risk of death) for Life Insurance cover offered till the time of cancellation of the
charges for 3 things: 1) Medical Examination Cost 2) Stamp Duty
Charges (if already paid)-- Stamp Duty is applicable in case of Life Insurance Policies 3) Mortality Charge (cover for risk of death) for Life Insurance cover offered till the time of cancellation of the
Charges (if already paid)-- Stamp Duty is
applicable in case of Life Insurance Policies 3) Mortality
Charge (cover for risk of death) for Life Insurance cover offered till the time of cancellation of the policy.
For Aviva iGrowth, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For Sahara Utkarsh, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For TATA AIA Life Insurance Fortune Pro, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.
For LIC New Jeevan Nidhi, premium allocation
charge is
deducted from the fund value and some policy administration
charge is
applicable.