Sentences with phrase «family of the insured»

It covers the cost of an individual as well as family of the insured.

A family travel Insurance plan insures the entire family of the insured individual from travel related emergencies.

If the hypothetical family of the insured is not entitled to the death benefit of a life insurance policy and the hypothetical person passes away, they now are stuck paying for a very expensive burial process, paying taxes on the remaining estate, and dealing with maintaining their lifestyle and providing for their well being.

Term insurance covers the risk of dying and pays a lump sum to the family of the insured person if he dies during the policy tenure which typically will be till the age of 65 or maximum of 70 years.

A comprehensive term insurance plan intended to provide financial assistance to the family of insured life, in the event of sudden demise and that too at an affordable premium.

As we all know that it provides life protection to the family of the insured in case of any eventuality but apart from this there are a plethora of other benefits, let's take a look at various benefits below.

CSC Suraksha HDFC life term plan provides a lump sum amount to the family of the insured upon his or her demise.

Term insurance is a typical form of insurance that offers death benefit to the family of insured in the event of the latter's sudden death.

Term life insurance is one of the oldest forms of insurance where benefit is paid out to the family of the insured upon the event of their death....

Term insurance offers financial protection to the family of insured in case of demise.

A rider is an add - on cover to a base Life Insurance Policy that provides Financial Benefits to the Insured Person or the family of the Insured Person, in case of unfortunate events, at a nominal additional cost.

Thus, term life insurance plan provides financial help to the family of the insured and secured their future.

In case of the demise of the breadwinner of the family, term insurance plans provide fiscal backup and financial support to the family of the insured so that they can fulfill their day today responsibilities and live a substantial life style.

Policies secured income for the families of the insured in the event of the untimely death and helped to subsidize retirement planning.

In this case the family of the insured gets twice the amount, thus, the name double indemnity.

It is the simplest and cheapest insurance policy available in the insurance market that provides financial benefits to the family of the insured in case of untimely death of the policy holder.

Term plans are set of devised insurance plans which help in providing financial benefits to the family of the insured after his / her death.

Here, the family of the insured gets a certain part of the sum assured in advance as a compensation towards the insured's medical treatment and associated costs.

The plan provides financial backup to the family of the insured in case of an eventuality.

Personal Accident Cover offers financial assistance to the family of the insured in case of unforeseen events such as an accident.

A pure term plan which provides high coverage at minimal cost to provide financial assistance to the family of the insured on demise of the insured.

E-term plan of LIC India is a regular non-participating online term assurance plan that offers fiscal protection to the family of the insured after his / her demise.

This gives enough time to the family of the insured to plan alternate sources of income or figure out the ways to earn income from the assets that the policy holder has left.

Although, HDFC Click to Protect is a non-participating term insurance plan the benefits offered by it is ample and surely provides a secured financial future to the family of the insured.

PNB Metlife has launched a new Term Insurance Plan which ensures a guaranteed monthly income to the family of insured after his / her death.

Life insurance plans not only provide financial protection to the family of the insured but also offer tax benefit under section 80C of Income Tax Act, 1961.

A plan with premium waiver benefit will not only keep the policy active but will also provide financial assistance to the family of the insured.

With simple eligibility criteria, the plan offers maximum protection to the family of the insured at the most affordable premium rates.

Term plans offered by LIC offers comprehensive financial protection to the family of the insured, thereby ensuring complete peace of mind for the policyholders.

Through a release, K Srinivasa Rao, Deputy General Manager, Syndicate Bank, said, «All account holders are requested to enroll under both the above mentioned insurance schemes as they provide social security to the family of the insured in case of any untoward incident.»

Thus a life insurance offers complete financial assistance to the family of the insured person after his / her demise.

A term plan provides financial stability to the family of the insured.

The basic principle of life insurance is to provide financial protection to the family of the insured person.

The lump sum payout helps the family of the insured to get stabilize financially immediately in the absence of a bread - winner without worrying about expenses and other basic needs.

Under the same, the insurer will pay an amount to the family of insured in case of his / her demise or any accident that leads to permanent disability.

It is especially useful and beneficial, for in case of unforeseen emergencies and untimely deaths, the family of the insured is guaranteed to acquire monetary help from the insurance company, depending on the policies that the customer paid for.

This amount will then be used to pay death benefits to be forwarded to the family of the insured individual.

This form of insurance offers financial help to the family of the insured in case of his death.

A term insurance policy is a type of insurance plan that offers financial security to the family of the insured, in case of his / her death.

In the event of death of the life Insured, a death benefit is paid to the nominee / family of the insured.

Family Travel Insurance plan covers the family of the insured during travel against the travel related contingencies.

Some of the policies of term life insurance in Ireland include fixed rates for a certain amount of time and a lump sum provided to the family of the insured after death.

This is the best option for providing income to the family of the insured, in the event of sudden death within the «term» period for which the insurance is done.

ICICI Prudential term plans have been designed to financially secure the family of the insured individual by paying out a lump sum benefit should the individual pass away.

It can also cover the family of the insured if they get injured by another car while walking or riding a bicycle.

When the family of the insured person intimates the insurance company about the loss (death) of the insured, the company start reviewing the details and after verification, the payment is made.

Under this plan, if the insured meets unforeseen demise, this scheme will provide financial security of the family of the insured not only during the term of the policy but also ahead of the policy term all through the extended cover period.

This plan caters a combo of protection and income to the family of the insured.