Sentences with phrase «die during the policy tenure»

It will be in use when the policyholder dies during the policy tenure, for which it is designed.

Not exact matches

if «X» included his wife in term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

if «X» included his wife in joint life term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

In this scenario, if the proposer dies during the tenure of the policy, there is no need to pay further premiums and the child will get all the benefits upon maturity of the policy.

If the insured person dies during the tenure of the policy, then the death benefit is paid to the nominee of the policy i.e. the child as the sum assured amount, which is 105 % of the total premium paid till demise.

If the insured dies or suffers permanent disability, during the tenure of the policy, the beneficiaries will receive benefits to make up for loss of income or unpaid debts left behind.

A term plan pays a benefit only if the insured dies during the tenure of the policy.

Term insurance is the simplest form of life insurance plan that offers comprehensive life coverage over a period of time and in case the insured person dies during the tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.

However, if he happens to die during the tenure of the policy, his nominees will receives the corresponding sum assured and the policy terminates.

If the life insured dies during the tenure of the policy, then the nominated person receives the death benefit and this policy terminates

If the insured person dies during the tenure of the policy, the lump sum benefit will be passed on to the beneficiary.

In case if you die during the tenure of your plan, the nominee as per stated in the documents of the policy will be able to receive tax - free cash payouts of a predetermined amount.

Buy a plan which waives off the premium for the remaining policy term if the policyholder dies during the tenure of the policy.

The plan provides Coverage for the entire policy tenure, i.e. in case the Life Assured dies anytime during the policy tenure, the Death Benefit is paid to the nominee and the policy terminates.

if «X» included his wife in joint life term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?