Sentences with phrase «family during the policy term»

In the event of the demise of the policyholder, this plan also offers financial cover for the family during the policy term and extended coverage period.

Not exact matches

However, depending on the cost, you may do better financially to save and invest the difference (plus the money would be available to you at any time and to your family should you die during the term, instead of locked up in the policy).

When selecting a term life insurance policy and the amount of coverage, the first factor to consider is the family's financial obligations during the policy term.

You may need an inexpensive term life policy, which lasts 20 - 30 years and provides a death benefit to your family if you pass away during the term.

In case something unfortunate were to happen to Sahil during the Policy Term, a Life Insurance benefit of Rs. 7,28,970 will be paid to help support the family and fulfil their goals.

Top up for DHFL Pramerica Family First and Flexi Smart Plus premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Smart Swadhan Plus and DHFL Pramerica Family First premiums, is an extra amount of money that you can pay at any time during the policy term.

If you need to have a $ 500,000 policy to protect your family during your working years, chances are you will be able to afford the term payments, but not permanent coverage.

A term life insurance policy provides one of the easiest, most cost - effective ways to help protect your family financially during the years they need it most.

Designed for military service members our term life policy includes exclusive benefits like an accelerated review to help protect your family before you deploy, coverage during war, and military severe injury coverage.

According to the plan, family / dependents of the life insured is / are eligible for a lump sum amount in case of death or critical illness, if applied for, of the life insured and during the term of the policy.

Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the policyholder's family on his demise during the policy term.

The coverage amounts, limited terms, and potential age restrictions all contribute to a strict policy that doesn't take into account the numerous changes you and your family will go through during the course of the policy.

However, depending on the cost, you may do better financially to save and invest the difference (plus the money would be available to you at any time and to your family should you die during the term, instead of locked up in the policy).

If the policy term expires before you die, think of it this way: The insurance still served its purpose by providing a safety net during those crucial years so you could focus on providing for your family, knowing they'd be OK financially without you.

Term policies enable you to secure coverage during crucial times in your life, such as when you're building a family, starting a business or caring for elderly parents.

You know your family will receive death benefits if you happen to pass away during the term of your policy.

Young families often choose term insurance as their primary policy type, and business owners select this type of policy during the startup phase to cover key personnel.

If you pass away during the term of your term policy, the death benefit is paid to your family (beneficiary).

Death Benefit in this plan secures your family in case of your unfortunate demise during the Policy Term.

Term insurance plans will provide financial support to the beneficiary's family if the insured dies during the policy tTerm insurance plans will provide financial support to the beneficiary's family if the insured dies during the policy termterm.

In case of an unfortunate event during the course of the policy term, life cover amount of $ plus accumulated bonus is paid to the life insured's family

Many people also buy a term policy because it covers them during the years they need to protect their income for their family should something happen to them.

In case of your unfortunate demise during the policy term, your family will receive Death Sum Assured * + Accrued Guaranteed Additions + Accrued Reversionary Bonuses (including any guaranteed addition and bonus pertaining to policy year of death) and terminal bonus, if any and the policy gets terminated immediately.

Top up for Family Income Protector Plus and CSC Suraksha premiums, is an extra amount of money that you can pay at any time during the policy term.

If one takes a life insurance policy and something unfortunate happens during that term, then your family will be entitled to get the set amount of the policy.

As we mentioned, if you were to die during the term of the life insurance policy, ROP life insurance companies would pay your family the death benefit amount you purchased.

Endowment Plan Basic features: Sum assured paid to family if policy holder dies during the policy term, or if policy holder survives the entire policy term.

In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benefits.

If you calculate your life insurance needs correctly, a 20 or 30 year term life insurance policy should cover your family's living expenses and liabilities during the most financially vulnerable time for you.

The family of a diseased policyholder is provided with the assured financial security, in case the insured dies during the policy term and fails to pay off a debt like education loan or even home loan.

Life insurance is one of the few products you buy that you'll never use for yourself: if you die during the term of the policy, your family is the one who gets the death benefit.

Insurance, as the name suggests, is the cover to shield you and your family against unfortunate risk or events during the policy term.

While there are situations where whole life or another more complex type of policy could fit your financial plan, most families would be better off with a simple term life insurance policy that provides income replacement during their working years.

As a result, the family members also share the sum assured and are able to avail a host of benefits if any untoward occurrence occurs during the policy term.

Top up for DHFL Pramerica Family First and Star Union D I Elite Assure premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for IDBI Federal Whole life Savings and DHFL Pramerica Family Income premiums, is an extra amount of money that you can pay at any time during the policy term.

If the insured dies during the policy term, the death benefit is, usually, paid to the family for dealing with the financial loss.

Term life insurance is a pure and traditional insurance policy that gives your family a fixed amount in the event of your unfortunate demise during the policy tTerm life insurance is a pure and traditional insurance policy that gives your family a fixed amount in the event of your unfortunate demise during the policy termterm.

If however, you pass away during the policy term without having had to claim for the critical illness Sum Assured, your family would be paid the Sum Assured of Rs. 60 lakhs.

Death Benefit: In the event of death of the life assured during the policy term, the family would receive a Death Benefit, which is calculated as the highest of:

Top up for DHFL Pramerica Family First and Guaranteed Income Advantage premiums, is an extra amount of money that you can pay at any time during the policy term.

Bharti AXA Life Elite Secure is a long - term life insurance product, providing financial protection for your family, in the event of your unfortunate death during the policy term.

Life insurance plans provide a financial assistance and in the event of your unfortunate demise during the term of the policy, an amount equal to sum assured is payable to the family.

A variety of permanent life insurance plan (which doesn't expire, unlike term life insurance), this sort of policy covers your family if you die during your working years, but also has the ability to build savings that can be drawn upon later in life.

If you die during the term of your policy, your family (beneficiary that you choose) receives the death benefit from your life insurance.

You would pay $ 350 each year and if you pass away during the 15 year term, your family (beneficiary) would receive the proceeds from your decreasing term policy.

A term insurance plan is a pure protection cover that pays your family a lump sum amount equal to the sum assured, in case of your unfortunate death during the policy term.

In the event of death of Rajesh during the term of the policy, Guaranteed Death Sum Assured is payable immediately to take care of the family's needs.

Term insurance plans provide coverage for a specific term and in the event of an unfortunate death during this term, the insurance company offers your family / beneficiary a death benefit as specified under the polTerm insurance plans provide coverage for a specific term and in the event of an unfortunate death during this term, the insurance company offers your family / beneficiary a death benefit as specified under the polterm and in the event of an unfortunate death during this term, the insurance company offers your family / beneficiary a death benefit as specified under the polterm, the insurance company offers your family / beneficiary a death benefit as specified under the policy.