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?