Sentences with phrase «first year of the policy inception»

Only 80 % of the premiums paid or acquired surrender value is returned to the beneficiary in case the policyholder commits suicide within the first year of the policy inception.

Not exact matches

Certainly, the urge to get women involved some 60 years ago can not be downplayed with the involvement of Dr. Nkrumah himself in affirmative action policies and appointment of women propaganda secretaries and organisers right from inception of his government, It is remarkable that parliament under the CPP in 1960 passed Representation of the People (Women Members) Bill into law which amongst others made it possible for women to stand for parliamentary elections unopposed and subsequently saw the election of first ten female parliamentarians into the first session of the first parliament.

The following list of medical conditions are not covered by the Bharti AXA Health Insurance plans for the first two years from the date of policy inception: -

If no claim has been made during the first policy year, the Original Sum Insured opted for at the inception of the policy shall increase by 10 % p.a. starting from the first policy anniversary

A waiting period of 15 days from the date of inception of policy is applicable in the first policy year.

The following list of medical conditions are not covered by the Future Generali Health Insurance plans for the first two years from the date of policy inception: -

If the policyholder, whether sane or insane commits suicide during the first year from the date of the inception of the policy, then the nominee is not entitled to receive any sum assured.

Pre existing Disease Waiting Period: Any pre-existing disease until 4 years of continuous policy coverage, from date of inception of the first policy.

The nominee will receive monthly benefit amount chosen at inception till the end of the policy term, this amount increases by 5 % p.a. compounded annually from the very first year of the policy to beat inflation

However, if natural causes leads to death of the insured person and that too within the policy's inception within the first two years.