Sentences with phrase «end of the policy term provided»

A return of premium life insurance policy refunds premiums at the end of the policy term provided that the death benefit has not been paid out.

Maturity Benefit: The Basic Sum Assured, along with the vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.

On survival of the life insured till end of the policy term provided the policy is in - force, the policyholder will receive Sum Assured plus vested Simple Reversionary Bonus and Terminal Bonus.

On survival of the life assured to the end of the policy term provided the policy is kept in - force and all due premiums are paid, you will receive the Guaranteed Maturity Benefit mentioned below:

Benefits payable at the end of policy term: Basic Sum Assured, along with vested Simple bonuses and Final additional Bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.

Not exact matches

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Although Malloy is the only Democratic Governor in the nation to propose doing away with teacher tenure and repealing collective bargaining for teachers in «turnaround» schools, the announcement that Stefan Pryor will be leaving his position at the end of this year was seen by some as a signal that Malloy was going to shift away from his corporate education reform industry and privatization policies and would use a second term to provide more support for Connecticut's real public education system.

Savings through Maturity Benefit: At the end of your policy term, you will get Sum Assured on Maturity provided all due premiums have been paid and policy is in - force.

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bePolicy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bepolicy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

It also provides comprehensive protection until the end of the policy term.

In addition to allaying the concerns regarding the disadvantages of term insurance, an ROP policy can also provide the advantage of supplementing retirement benefits to the policy owner / insured at the end of the term period.

Lastly, a policy owner does not collect anything at the end of the term, provided that he / she is still living.

As they have matured, climate models are being increasingly used to provide decision - relevant information to end users and policy makers, whose needs are helping define the focus of model development in terms of increasing prediction skill on regional and decadal time scales.

The term life policy will expire at the end of its term after providing a buffer for those critical years.

«Return of Premium» is a common feature in many term life insurance policies that provides a full or partial refund of the premium paid at the end of the coverage period if nothing was paid out on the policy during that time.

If you purchase a «return of premium term life policy» then the premiums that you pay are refunded provided you are still living at the end of its term.

Other insurance companies charge for insurance as they do now, but provide a rebate if, at the end of the policy term, a vehicle's mileage is below certain limits.

In addition to providing a return of premium option at the end of the term period, most ROP term policies build a cash value beginning at the end of the 5th policy year.

If you have to provide proof of insurability again, poor health at the end of your term may prevent an insurer from renewing your policy.

PNB MetLife Income Protection Plan provides dual benefits of financial protection and guaranteed saving upto 150 % of premium paid on survival till the end of policy term.»

It will cover the risk, but will not provide returns after the end of the policy term.

Option C provides the full amount at end of the policy term.

If the insured is diagnosed with carcinoma in situ and provided that the policy is still in effect and premiums paid up to date, all future premium payments will be waived till the end of the policy term.

These plans are essentially of two types, Unit Linked Insurance Plans or ULIPs that provides returns based on market performance, and traditional endowment plans that offer a lump sum or annuity payout at the end of the policy term when the life insurance policy matures.

Depending on your state, if your insurance company chooses to nonrenew your policy at the end of the policy term, it must notify you and provide an explanation within a specified time period.

The Guaranteed Growth plan provides Terminal Bonus benefits at the end of the policy term.

ROP offers lower premiums and a guaranteed refund of the life insurance premiums paid during the term of the policy, provided the insured doesn't die prior to the end of the term period.

Term life insurance policies provide the least expensive means of life insurance coverage because the policy has a set end date upon the expiry of the tTerm life insurance policies provide the least expensive means of life insurance coverage because the policy has a set end date upon the expiry of the termterm.

If all you can afford is a 10 - year term policy then you should get one because if it's hard to make ends meet now you don't want to think of what would happen if you were no longer around to provide for your loved ones.

At the end of your policy term, your life insurance company may require you to provide proof that you are still insurable, if you want to purchase another term insurance policy.

An annual term policy provides protection one year at a time and renews at the end of each year.

There are health insurance plans, especially those provided by life insurance companies that provide you with return of your premiums at the end of the policy term.

Insurance companies also provides the investment cum insurance plan in which the policyholder get the maturity value at the end of term of the policy i.e. benefit of your investment even when you are alive.

Return of premium term life insurance is term life insurance with the added benefit of a return of all premiums paid at the end of the policy term, provided you outlive the policy.

Money back policies are quite similar to endowment insurance plans where the survival benefits are payable only at the end of the term period, plus the added benefit of money back policies is that they provide for periodic payments of partial survival benefits during the term of the policy so long as the policy holder is alive.

The reason why money back policy is important is that it provides funds on regular intervals after a certain period of time till the end of the policy term.

Bharti AXA Life Elite Advantage Plan This plan offers guaranteed payouts and provides comprehensive protection till the end of the policy term.

In case the Life Assured survives till the end of the Policy Term, provided all due premiums have been paid, the Sum Assured plus accrued bonus and Terminal Bonus, (if any) will be payable.

Base Sum Assured along with the vested Simple Reversionary Bonuses shall be used to provide an annual income benefit at the end of every subsequent policy year after the premium payment term, i.e. (Base Sum Assured + vested Simple Reversionary Bonus) x Income Benefit Factor

This combination provides financial protection against death throughout the life time of the Policy holder with the provision of payment of lumpsum at the end of the selected policyPolicy holder with the provision of payment of lumpsum at the end of the selected policypolicy term.

These policies cover your funeral and end of life expenses, but do not provide the larger face values that some term policies can.

Maturity benefit is the amount payable at the end of the policy term which is equal to your Fund Value * as on Date of Maturity, provided Settlement Option has not been exercised.

You can buy a 20 - or 30 - year term policy with the expectation that your kids will be able to provide for themselves by its end, and when you and your partner will also hopefully be reaping the rewards of prudent investing, not to mention Social Security and pensions.

• Income on the maturity: Like traditional life insurance, money back insurance policy provides the sum assured at the end of the policy term.

These contracts are designed to provide lump sum maturity benefits at the end of the policy term or upon the death of the life insured.

Loyalty Additions are provided at the end of the tenth policy year (for policy terms of ten years) and also at the end of the tenth and fifteenth policy years (for the fifteen year policy term).

There are some policies which continue till the end of the policy term even though the loan is repaid, such policies are provided by life insurance companies.

Survival Benefit: Provided the policy is active, the guaranteed monthly income shall be payable monthly starting from the end of the next month after the completion of the premium payment term.

Guaranteed Maturity Addition: On survival of the Life Assured to the end of the policy term, the Guaranteed Maturity Addition will be payable, provided that the Policy is in - policy term, the Guaranteed Maturity Addition will be payable, provided that the Policy is in - Policy is in - force.

Guaranteed Loyalty Addition: On survival of the Life Assured to the end of the premium payment term, the Guaranteed Loyalty Addition will be payable, provided that all due premiums are paid and the Policy is in - force.