Sentences with phrase «discontinued during policy years»

When the policy is discontinued during policy years of one to four, the holders of the policy would be charged in this range.

Not exact matches

On surrender during the lock - in period of first 5 years of your policy, the Fund Value less the discontinuance / surrender charge, as on the date of surrender, will be transferred to the Discontinued Life Policy fund (maintained by the Company), and the risk cover under the policy shall policy, the Fund Value less the discontinuance / surrender charge, as on the date of surrender, will be transferred to the Discontinued Life Policy fund (maintained by the Company), and the risk cover under the policy shall Policy fund (maintained by the Company), and the risk cover under the policy shall policy shall cease.

On surrender during the lock - in period of first five years, the single premium fund value, less the discontinuance / surrender charge plus the top up premium fund value, if any, as on the date of surrender, will be transferred to the discontinued life policy fund (maintained by the company), and life cover shall cease immediately.

If surrendered during the first 5 years, the Fund Value is invested in the discontinued policy fund where it remains till the completion of 5 years.

If the policyholder is unable to pay the due premiums during the first five policy years, the policy shall be converted to a discontinued policy and the fund value will be transferred to a discontinued policy fund, wherein it will continue to earn applicable returns.

Discontinuance Charge: This charge is levied, in case the policy is discontinued during the first 4 years.

If your policy is discontinued any time during the first five policy years, discontinuance value will only be payable after completion of five policy years.

If your policy is discontinued any time during the first five policy years, discontinuance values displayed will only be payable after completion of five policy years.The past performance of any of the unit linked funds is not necessarily an indicative of the future performance of any of these funds.The mortality charges and rider premium rates are subject to underwriting of the proposal, and may increase before the acceptance of the risk.

Discontinuance Charge: This charge is levied, in case the policy is discontinued during the first 4 policy years.

Discontinuance Charges: This charge is levied, in case the policy is discontinued during the first 4 policy years.

The maximum Fund management charge can be revised up to 1.35 % p.a for any fund excluding Discontinued Policy Fund for which it will be 0.50 % p.a. Discontinuance Charge: This charge is levied, in case the policy is discontinued during the first 4 pDiscontinued Policy Fund for which it will be 0.50 % p.a. Discontinuance Charge: This charge is levied, in case the policy is discontinued during the first 4 policy Policy Fund for which it will be 0.50 % p.a. Discontinuance Charge: This charge is levied, in case the policy is discontinued during the first 4 policy policy is discontinued during the first 4 pdiscontinued during the first 4 policy policy years.

Discontinuance Policy Fund is only available in case policy is surrendered / discontinued during the first 5 policy Policy Fund is only available in case policy is surrendered / discontinued during the first 5 policy policy is surrendered / discontinued during the first 5 policy policy years.