Sentences with phrase «event of the death of the policyholder»

In case of the unfortunate event of death of policyholder during the income benefit period, the remaining payouts will be made to the nominee.

In the unfortunate event of death of the policyholder during the policy tenure, a child insurance plan must continue and not lapse.

And in case of unfortunate event of death of the policyholder, the insurance fulfills this promises by providing the money.

In honor of National Life Insurance Awareness Month, Nationwide Financial Services conducted a survey to gauge the confidence level most policyholders have in their beneficiaries to properly handle matters in the event of their death

Protection for your family - Sum Assured is paid in case of an unfortunate event of death of the policyholder.

The outstanding loan amount will reduce the death benefit dollar for dollar in the event of the death of the policyholder before the full repayment of the loan.

In the event of the death of the policyholder under the specified policy terms, beneficiaries may choose to use financial proceeds to cover many areas, including:

Unlike traditional life insurance that provides a benefit only in the event of the death of the policyholder, accidental death and dismemberment insurance provides additional coverage in the event the policyholder becomes permanently injured in a number of specific ways.

In other words, it is the amount an insurance company pays from its own pocket in the event of the death of the policyholder.

In the event of the death of the policyholder, the nominee can opt for fund value held in different funds.

In the event of the death of the policyholder, the beneficiary will receive Rs. 50 lakh, the higher of sum assured (Rs. 50 lakh) or fund value (Rs. 28 lakh).

In the event of the death of the policyholder, the beneficiary or nominee will receive Rs. 78 lakh, i.e. sum assured (Rs. 50 lakh) plus fund value (Rs. 28 lakh).

In the event of the death of the policyholder, the nominee or nominees receive the sum assured.

In the unfortunate event of the death of the policyholder, the policy continues to be active and all the benefits will be passed on to the children at an appropriate time.

In the event of death of the policyholder where the life insured and policyholder are different individuals, the Death Benefit is as follows:

In the event of death of the policyholder, the future premiums are waived off through the inbuilt Waiver of Premium rider but the policy continues to run till the end of policy term

A term insurance usually pays only in the event of death of the policyholder.

[x] An insurance where there is an agreement between the insurer and the insured, where the insurer (insurance company) agrees to pay a certain amount of money in the event of death of the policyholder or to the policy holder after a certain period of time.

In the event of the death of the policyholder under the specified policy terms, beneficiaries may choose to use financial proceeds to cover many areas, including:

Life Insurance Benefit - Sum Assured is paid in the case of the unfortunate event of death of the policyholder

With a protection plan, a small sum annually provides a financial cushion with a big sum assured in the event of the death of the policyholder (example based totally on a policyholder aged 25 years).

In a case of the unfortunate event of the death of the policyholder, the nominee is supposed to file a claim to receive the amount as decided at the time of buying the term policy.

In the event of death of the policyholder, his / her family is entitled to receive the monthly income.

Life insurance policies can provide ideal coverage for the education of your child even in the unfortunate event of the death of the policyholders.

On the event of the death of the policyholder, the nominees receive the chosen monthly income for the benefit pay - out period.

In the event of death of the policyholder, sum assured is paid out to the nominee.

Edelweiss Tokio Life Protection is a pure Term Insurance Plan which provides a lump sum to the family in the event of death of the policyholder taking care of the income replacement needs.

In the event of the death of the policyholder, the family is eligible to get the death benefits throughout the period of the policy while such benefits are subject to the premium paid.

In the event of death of the policyholder, his or her family or nominee receives the sum assured (or the cover amount).

On the event of death of the policyholder during the policy term, the beneficiary will receive the amount chosen at the time of choosing the policy.

In the unfortunate event of death of the policyholder or parent invested in a child plan, future premiums are waived off while the child receives a lump sum beneficiary amount as life cover along with maturity cover benefits at the end of policy tenure.

In the event of the death of the policyholder during the tenure of the policy, the death benefit is payable as follows:

It is here the sum assured for the plan in the event of the death of the policyholder is well above 25,00,000.

This basic term life insurance plan offers the financial coverage to your loved ones against all financial obstacles in the event of the death of the policyholder.

However, it is the one of the most recommended low cost life insurance policy options that is meant to cover the beneficiaries in the event of death of the policyholder.

Life Insurance: It's a contract between the policy holder and insurance company, where the company promises to pay a stated death benefit in the event of death of a policyholder.

You can also choose immediate or recurring payouts in the future, in the event of the death of the policyholder.

Sum at Risk is the amount that the insurance company has to pay from its pocket in the event of the death of the policyholder.

Nature of child plans is such that in the event of death of the policyholder, future premiums are paid by the insurance company.

There is no expiry date and the death benefits are received by the beneficiary only in the event of death of the policyholder.

This benefit protects policyholder's family from burdensome loan obligations and the bank from the increased default due to the unfortunate event of the death of the policyholder.

Protection for your family - Sum Assured is paid in case of an unfortunate event of death of the policyholder.

In the event of the death of the policyholder, your insurer will pay the corpus accumulated in the pension plan to the nominee.

(say, a term plan) is payable in the event of death of the policyholder.

The sum assured under the life insurance plans (say, a term plan) is payable in the event of death of the policyholder.

In the event of death of the policyholder, the death benefit is paid to the nominee.

In the event of the death of the policyholder during premium payment phase, your nominee will receive:

It is a traditional Insurance plan that pays out a lump sum amount of money after the event of the death of the Policyholder.