Sentences with phrase «features of the policy»
Let's check out few of the key features of this policy.
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It can change your disability definition, total benefit, ability to receive claims, and many other features of your policy.
The word «modified» simply means that several features of the policy could change over time.
Here we will list out the main features of this policy below and also try to analyse the how much return one can really get from this policy.
The best feature of the policy is that even when the maturity is paid and the policyholder is surviving then the insurance coverage continues with the payment of premium amounts.
Life insurance riders are policy add - ons offered by insurers to let you adjust your coverage or edit standard features of a policy.
Free Look Period: During the initial 15 days of the policy coming into effect, the policyholder gets a free look at the various features of the policy.
An insurance broker can compare features of policies from competing companies; similarly, a mortgage broker can offer you deals from dozens of small lenders that you would have otherwise missed.
One of the major features of this policy is that the sum assured is indexed for every claim free year.
The option of taking a loan is a specific feature of policies allowing building up cash value.
One feature of this policy allows the insured to accumulate cash value.
This plan has a special feature of policy extension, in which if your study period is extended for some reason you can extend your plan accordingly.
A level premium for 20 years is one of the important features of this policy.
A unique feature of this policy is that it supplements lost income by providing income replacement (for a maximum of two years) when one becomes disabled.
Done right, it's the second most valuable feature of your policy.
This is a free feature of your policy that can only help in ensuring that your death benefit goes to the people you intend.
At senior levels blame avoidance is a regular feature of the policy process.
Your policy's benefit length is one of the most critical features of your policy.
One of the cooler features of my policy is that I receive a 25 percent premium refund for being claim - free for three years.
Let us look into the amazing features of this policy.
Return of premium with your term plan provides fantastic benefits and is a desirable feature of any policy, which you should consider when going for term insurance policies in the online medium.
This is a really great feature of this policy.
This is where the «restoration» feature of your policy comes in picture.
This is not the only feature of this policy, there are many such attracting feature which make this policy beneficial to customers.
A blanket additional insured endorsement is most commonly found in liability insurance policies, though it is typically not a common feature of the policy language.
The main feature of this policy is the double death benefit option.
Life insurance riders are policy add - ons offered by insurers to let you adjust your coverage or edit standard features of a policy.
Compare the quotes and features of policies from a few different companies, and then decide which policy is most suitable for you.
There may be limits or exclusions that you should be aware of regarding the number of times you can utilize a specific feature of the policy.
One of the special features of this policy is the coverage on emergency dental treatment in case of an accidental injury or severe dental pain to the insured student.
It's the second most valuable feature of your policy.
A Kirkwood Community College student sharing an off campus apartment with some friends and living away from the family home for the first time should enroll in Cedar Rapids renters insurance, for the protection it gives your belongings as well as the other key features of a policy including liability insurance.
This is the main point or feature of this policy with which LIC agents generally try to sell this policy.
The following are the salient features of the policy, along with certain specific terms and eligibility conditions that need to be fulfilled in order to avail of this policy --
One needs to minutely differentiate between the various features of policies according to specific needs and then choose a policy which best suits their needs.
However we didn't fully understand the interaction between the trip interruption and missed connection features of the policy and couldn't figure out whether the requested «trip cost» figure was per person or for the two of us.
Remember that you will share in every loss because of the deductible and coinsurance features of the policy, so choose the clients you will work with on credit wisely.
For example, some universal policies allow the policyholder to dictate how much of the premium goes toward the insurance portion of the policy and how much goes toward the cash investment feature of the policy.
He could also use the extended term feature of the policy, which if exercised, at age 65 would give him a $ 500,000 term policy that would last 20 years without ever making a premium payment again.
Some of the most prominent features of the policy include quick claim settlement procedure, 24/7 support and a wide range of cashless network garages.
The basic features of this policy are: ● Fixed minimum basic sum assured ● Death benefit is higher of 10 times the annualized premium or absolute amount assured ● On maturity, sum assured and bonus is payable ● The death benefit amount is tax - free
You remain being covered by the «Auto Cover» feature of this policy even if you miss paying a few premiums
You should always read through your renewal each year to make certain you're up - to - date on the latest features of the policy, any changes in premiums or other vital information.
Conclusion While the overall features of the policy are good, investors should opt for insurance only for pure risk cover and invest the remaining investible surplus amount into other investment products like normal mutual funds or ELSS plans, instead of insurance.
ease of doing business with insurer features of policy premium cost month on month business growth of insurer avoid new insurance companies (as they lack past data for comparison) buy only term insurance (low cost), for profits buy balance mutual fund
Because insurance agents must be able to explain features of the policies they are selling, and be capable of analyzing a client's existing policies, your CV should accentuate your excellent sales and marketing abilities.
The benefit of term life insurance policies is that they can be structured to fit your financial situation, as you can customize several features of the policy:
Here we have discussed some of the best features of the policy: -