Sentences with phrase «event of one's demise»

In case of unfortunate event of demise of policyholder, 10 % of sum assured will be paid on every policy anniversary till the policy maturity.

Death benefit is an amount of money paid to the family of the life insured in event of his demise before the end of the policy term.

In the unfortunate event of the demise of the policyholder, the nominee receives a Death Benefit.

In the unfortunate event of his demise during the policy term, his nominee will receive a lump sum amount as death benefit.

A term insurance plan is an insurance policy that will financially secure your loved ones in case of the unforeseen event of your demise.

They facilitate the payment process of insurance beneficiaries on event of the demise of a policyholder.

In the unfortunate event of the demise of the child beneficiary, the policyholder may nominate another child as the beneficiary.

It is essential to calculate the amount that will truly be able to balance the loss of income your family will have to face in unfortunate event of your demise.

In the unforeseen event of your demise, the policy's sum assured is awarded to your nominee.

In the unfortunate event of the demise of the person insured, the nominee receives the Sum Assured as the Death Benefit.

God forbid, in the unfortunate event of your demise during the policy coverage period, your nominee would be paid ten times the annualized premium or 125 % of the Basic Sum Assured along with simple vested reversionary bonuses and additional final bonus.

In the unfortunate event of the demise of the person insured, the nominee receives the Death Benefit.

The beneficiary is paid the Death benefit (sum assured) in case of an unforeseen event of the demise of the policyholder.

Beneficiaries: For every existing 401 (k), IRA, or investment account, individuals will have already listed a beneficiary in the event of their demise.

We spoke to senior economist Robert Kavcic with BMO, which has just released a report called the Day After NAFTA which details what would happen in the event of the demise of the agreement.

If you're late to the party like I am, it's all about getting rid of stuff that you wouldn't want to burden people with in the event of your demise.

This was a deviation from the Chinery - Hesse Committee Report (2001 - 2005) which said, former Presidents should receive «one fully furnished residence in the national capital and one out - of - capital at a location of the former President's choice; all of which should not revert to the state in the event of the demise of the former President.»

In the event of the demise of the employee and the uncommuted pension income being received by the nominee of the employee, one third of the pension amount or Rs. 15000, whichever is the two is a lower amount is tax exempted.

For Commuted Pension being paid to the nominee or the family member, in the event of the demise of the employee, no tax is required to be paid on the income.

However, if the uncommuted pension is received by the nominee of the employee, in the event of the demise of the employee, the pension income received is taxable as «Income from Other Sources.»

Life insurance policy acts as an investment that safeguards your family's financial needs in case of the unfortunate event of your demise.

s financial needs in case of the unfortunate event of your demise.

Most of our clients over 50 years old who need coverage are purchasing it because they are still working, and need to protect their wife or children from financial ruin in the event of their demise.

It also comprises of life assurance which will pay out in the event of your demise during the term.

This means that your family will have to fend for itself in the event of your demise.

In an event of demise of a person before the age of 100, then his or her nominee receives the sum assured amount from Future Generali Life Insurance.

In the event of the demise of a parent during the term of a child insurance policy, the insurance company provides a premium waiver.

They help to secure the family needs and monetary goals if the insured party is unable to earn a living or in the unfortunate event of his demise.

A fixed sum of INR 25,000, in the event of demise of any person resulting from a hit - and - run vehicle accident.

In the unfortunate event of the demise of the policyholder, the nominee receives the Sum Assured as the Death Benefit.

The policyholder can nominate a person (the beneficiary) to receive the Death Benefit in the event of the demise of the life insured or make a change in nomination at any time during the tenure of the plan, provided the plan is in force, by submitting a written request to the insurance company.

Life Insurance Advice If we love our families, it is very important to have life insurance coverage in place so that in the event of our demise, they will not be destitute.

A term life insurance policy is the most affordable ways to ensure that your family is protected in the event of your demise.

If you have a wife and maybe a few young children, you would want to provide for them financially in the event of your demise.

The policy ensures that the lifestyle and financial situation of the families of the policyholders are also protected in the unfortunate event of the demise of the policyholder.

In the unfortunate event of your demise, while the policy is still active & before the maturity date, your nominee will get the following death benefit

This is useful to simply provide for a family's survival in the unfortunate event of demise of the bread winner.

In case of an unfortunate event of demise, your nominee will get the death benefit which is the higher of the sum assured or the fund value at that time.

In the unfortunate event of your demise, all the future premiums are waived off, yet the child gets all the benefits.

In the unfortunate event of your demise the plan provides a lump sum amount to your nominee.

In the event of demise, the chosen life cover is paid to your family.

Death benefits - in the event of demise of the insured person, the nominee receives the benefits in accordance with the premium policy opted for

iIncome, a term assurance plan, has been designed to protect the household's income stream for a Rs.xed term, in the event of demise of the insured.

In the event of demise, the total life cover chosen under the classic variant plus the additional life cover is paid to your family.

All terms plans provide nominee the Sum Assured amount in the event of demise of the policy holder.

In the unfortunate event of the demise of an insured, the nominees stand to receive the sum assured as per the policy documents.