Sentences with phrase «entry age of life insured»

If the entry age of the life insured is less than or equal to 45 years, the Sum Assured on Death is higher of the following:

Not exact matches

Entry Age: the age of the Life Insured at the commencement of the PoliAge: the age of the Life Insured at the commencement of the Poliage of the Life Insured at the commencement of the Policy.

Entry Age - the age of the Life Insured at the commencement of the PoliAge - the age of the Life Insured at the commencement of the Poliage of the Life Insured at the commencement of the Policy.

Entry Age: the age of the Life Insured at the commencement of the Policy should be between 18 to 65 years of aAge: the age of the Life Insured at the commencement of the Policy should be between 18 to 65 years of aage of the Life Insured at the commencement of the Policy should be between 18 to 65 years of ageage.

Entry Age: the age of the Life Insured at the commencement of the policy should be between 18 and 60 years of aAge: the age of the Life Insured at the commencement of the policy should be between 18 and 60 years of aage of the Life Insured at the commencement of the policy should be between 18 and 60 years of ageage.

The amount of Guaranteed Loyalty Additions depends on Policy Term, Premium Paying Term, Annualized Premium, Entry Age and Gender of the Life Insured.

For Life Insured with entry age of 5 years and above:

For Life Insured with entry age below 5 years: For minor lives, where the entry age is below 5 years, in case of death during the 1 year and 11 months from the date of commencement of the policy, 105 % of total premiums paid till date of death.

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

Date of commencement of risk: In case the age at entry of the life insured is less than 8 years, the risk cover is available either one day before the completion of 2 years from the date of commencement of policy or one day before the policy anniversary coinciding with or immediately following the completion of 8 years of age, whichever is earlier.

Guaranteed Accrual Additions (GAA) depends on policy term, premium paying term, annualized premium, entry age and gender of the life insured.

In case, age of the life insured at entry is less than 45 years, sum assured on death which is higher of minimum sum assured or 10 times of annualized premium is payable.

In case, age of the life insured at entry is less than 45 years, sum assured on death which is higher of 125 % of single premium or guaranteed amount on maturity or sum assured is payable.

If age of the life insured at entry is equal to or more than 45 years, sum assured on death which is higher of 110 % of single premium or guaranteed amount on maturity or sum assured is payable.