Sentences with phrase «entire premium amount»

If your father has attained 60 years of age, you can claim entire premium amount (excluding ST).

Should the 30 - year term policy end and you are still living, the insurance carrier gives back the entire premium amount you paid tax - free to you.

It also means the insurer have less money to deal with because they aren't working with the entire premium amount.

Should the 30 - year term policy end and you are still living, the insurance carrier gives back the entire premium amount you paid tax - free to you.

Premium Offset Plan Premium Offset Plan is the method of paying premiums due by surrendering enough paid up insurance for its cash value in an amount equal to the entire premium amount due.

If the insured has not died, the rider allows the return of the entire premium amount upon completion of the term.

Should the 30 - year term policy end and you are still living, the insurance carrier gives back the entire premium amount you paid tax - free to you.

Finally, some term life insurance policies will refund your entire premium amount if you come to the end of the term without claiming any benefits.

A single premium life policy cover will require you to pay the entire premium amount in one go, while the yearly premium life policy cover will require you to pay premiums every year for the number of years specified in the life insurance policy document.

It also means the insurer have less money to deal with because they aren't working with the entire premium amount.

In case such a claim is placed with the insurer, the company will refund the entire premium amount received till date, starting from the point of policy commencement, along with all late fees and interests paid in that context.

The entire premium amount is applied to buy units.

These plans on maturity would pay you back the entire premium amounts paid till the end of policy, provided the insured sees the term through.

A term plan is the cheapest life insurance product because everything that one pays (entire premium amount) goes towards covering only the life of the insured.

However, if the insured survives the term, the insurer will return the entire premium amount i.e, Rs 20,000 (Rs 2000x10).

The plan provides flexibility to pay the entire premium amount at once or in 12 instalments throughout the year.

● The death benefit under the plan should be a minimum of 105 % of the entire premium amount paid until death.

If you buy this plan and survive the policy duration, your entire premium amount is returned.

As the name suggests, a TROP is a variation of a term plan in which the policy holder is returned the entire premium amount that he has paid over the tenure of the policy, excluding taxes.

Most often, term life insurance is the best value for your money, as it retains the entire premium amount.