Sentences with phrase «end of each policy year»

Survival Benefits which are 20 % of Base Sum Assured at end of each policy year in the last three years before maturity plus 40 % of Base Sum Assured along with accumulated earned bonuses, if any, are paid at maturity.

Till the end of PPT: Sum Assured on Death Plus accrued Reversionary Bonus (RB1) After the end of PPT till end of policy year when Life Insured attains age 75 years: Sum Assured on Death Plus accrued Reversionary Bonus (RB2) After attaining age 75 years: Sum Assured on Death.

(Note: Annuity is payable subject to the submission of a «Proof of Living» certificate, along with a self - attested identification proof, 30 days prior end of the policy year)

Term life insurance that gives you the right to continue the coverage for another year at the end of each policy year.

subject to Policy being in - force, a percentage of Fund Value is added at the end of every Policy year from 6th Policy Year to end of Policy Term.

At the beginning the sixth year, a premium booster is added to the fund at the end of each policy year.

Term life insurance that gives you the right to continue coverage for another year at the end of each policy year.

This amount would reset to $ 10,000 when you renew your policy at the end of the policy year.

It is not just a question of whether they will continue in business until the end of the policy year on 30 September.

Because our Professional Liability Insurance coverage is written on a claims - made basis, if you know of any circumstances which might possibly, at some point in the future, give rise to an insurance claim against you and you want coverage under your Insurance Policy, then you must report these circumstances to the Law Society's Professional Liability Claims Fund staff before the end of June, 2014 [the end of the policy year].

These are 3 % of Base Sum Assured and will accrue at the end of policy years.

The plan offers assured benefit and built a corpus which is provided as accumulated bonus at the end of every policy years.

Any money left over at the end of the policy year will be donated to the cause.

With traditional whole life policies, you generally forfeit the annual dividend if you surrender the policy before the end of the policy year.

The policyholder receives twelve annual installments of 1.5 times the annual premium, at the end of each policy year during the payout period.

As a survival benefit, 20 % of the Base Sum Assured is payable at the end of each policy year, for three policy years prior to policy maturity.

Renewal: At the end of your policy year your policy will renew automatically.

Your policy pays a guaranteed * amount of 20 % of Base Sum Assured, at the end of each policy year, in the last three years before the maturity.

Guaranteed additions are added at the end of each Policy Year during the Premium Payment Term (provided all due Premiums have been received for that Policy Year) Guaranteed Additions = Guaranteed Addition rate X Sum of all premiums received till date

The values are for the END of any policy year ($ 0 in years 1 and 2, probably a few thousand at this point in your parent's policy depending on the face amount and premium).

GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.

Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy

0.20 % of Fund Value shall be added to the Fund by the creation of additional Units, at the end of every Policy Year starting from 11th Policy Year.

Term life insurance that gives you the right to continue coverage for another year at the end of each policy year.

Any declared dividends are credited to policies based on their share of any surplus apportioned by Navy Mutual at the end of each policy year.

The Guaranteed Additions that accrue at the end of every policy year in your policy depends on the policy term chosen by you and are as follows

It is credited to the policy at the end of every Policy year starting from the sixth year to the tenth year.

GLA, as % of GMB, will be attached to the policy at the end of each policy year starting from the end of 10th policy year.

It is paid at the end of every policy year excluding the last year of the policy term.

AGA's accrue at the end of each policy year on the condition that all premiums have been paid.

This income will be paid regardless of whether the policyholder is present or not for 15 years till the end of the policy

Guaranteed Additions are added to the policy at the end of each policy year for the first five policy years.

At the end of every policy year, guaranteed additions of up to 10 % p.a. and payable at the time of death or at maturity

Annual Payout — A fixed amount equal to 5 times the Monthly Payout is payable at the end of every policy year during the payout period and will not be payable during the last policy year (at maturity).

The Insurance Company in this case is the insurer of the amount invested and the maturity amount at the end of the Policy year.

A terminal reserve is the leftover reserve of a life insurance company at the end of the policy year.

At the end of every policy year, loyalty units will accrue on the fund under management under each scheme.

For Single Pay policies, Guaranteed Enhancers equal to 0.25 % of last 12 months» average Fund Value, are added at the end of every policy year from 6th policy year onwards till the policy maturity.

Starting from 11th policy year, additional units of 0.30 % of the Fund Value will be allocated to the policy fund at the end of every policy year.

It is added at the end of each policy year, starting from the end of the 5th policy year.

It is added at the end of each policy year, starting from 5th policy year.

The additions are payable at the end of every policy year, starting from end of the 8th policy year onwards.

An insurance policy clause that allows the policyholder to shift losses from the end of the policy year to the next policy year or the previous policy year.

Loyalty Additions are allocated at the end of every policy year, starting from the 6th policy year.

0.30 % of Fund Value shall be added to the fund by creation of additional units, at the end of every policy year starting from 11th policy year.

Carryover provisions limit out - of - pocket expenses for policyholders that file a claim at the end of the policy year.

2) Loyalty additions: Loyalty addition, units are added at the end of the policy year from the 6th year onwards.

Guaranteed Loyalty Additions would be added to the policy at the end of each policy year starting from the end of the 10th policy year.

So, you will have to keep all the receipts / reports / consultation papers safe for that one claim at the end of the policy year.

You will receive additional percentage of fund value by addition of equivalent units to your unit account, at the end of policy year.