Sentences with phrase «fixed amount of premium»

To avail the benefits of a health insurance policy, the insured has to pay a fixed amount of premium to the insurer.

In case of «Whole Life Plan'the policy holder is obliged to pay a fixed amount of premium on a regular basis till the term of the policy, failing which will cease the death benefit payable under the policy.

A Whole Life Insurance policy provides you with a fixed amount of benefits and also a fixed amount of premium or payments that you have to make to the life insurance company.

Not exact matches

The premiums of a term life insurance policy remains fixed for the length of its term, after which it will increase by a pre-specified amount.

the difference between the stated redemption price at maturity (if greater than one year) and the issue price of a fixed income security attributable to the selected tax year; NOTE: Tax reporting of OID obligations is complex; if acquisition or bond premium is paid during the purchase, or if the obligation is a stripped bond or stripped coupon, the investor must compute the proper amount of OID; refer to IRS Publication 1212, List of Original Issue Discount Instruments, to calculate the correct OID

The performance premium and the amount of fixed member bonds, which will be paid annually, will depend on the financial results achieved by FrieslandCampina.

As noted above, and like many mortgage - related things, your mortgage insurance premium is based upon several factors, including your credit score, the amount of your down payment as a percentage of the value of the home (LTV); your choice of mortgage product (fixed rate or adjustable rate — and how frequent the rate adjustment will be); the length of the term of your mortgage (15, 20, 25, 30 years), the amount of the mortgage and of course the level of coverage the investor requires for your kind of loan and borrower profile.

For instance the average borrower with a 30 - year fixed loan making a down payment of less than 5 % of the loan amount the annual mortgage insurance premium fee would be 1.2 % of the loan amount split between 12 monthly mortgage payments.

When you purchase this insurance policy, you are insured for a defined amount of coverage, at a fixed premium, over a specific period of time (10, 15, 20, or 30 years).

Interest Sensitive Whole Life Insurance — Interest sensitive whole life insurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of cash value.

For certain individuals, it may be more prudent to purchase a term life insurance policy with lower premiums for a fixed amount of time and take the difference in savings between the two policies and invest in different types of stocks, bonds and mutual funds which may lead to higher returns and a more diversified portfolio.

‡ ‡ There may be periods when Jackson restricts the amount of premium payments into, and the amount and frequency of transfers between, into and from, any fixed account option.

A type of Permanent Life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.

The premium in this kind of a plan is divided between a fixed amount, which your nominee will get in case of death, and another cash value that builds over time and is exempt of taxation.

You pay monthly or fortnightly premiums (ongoing payments) for a fixed amount of cover.

When you die, the insurance company pays out a fixed value to your dependents depending on the amount you had paid off in terms of your monthly premium amount.

What is different between whole life and universal life is that with whole life, premiums and the amount of the death benefit are fixed.

A Deferred Annuity is a single - premium annuity which grows at a fixed rate for a predetermined amount of time, very similar to CDs.

Other specialty products may include puppy cover (which locks in a fixed premium for a certain amount of time), illness - only cover for indoor cats, and more comprehensive seniors policies for older pets.

The premiums of a term life insurance policy remains fixed for the length of its term, after which it will increase by a pre-specified amount.

So really you do want it called away meaning you are in arising market (which to the undisciplined trader with no plan gets pissed he sees profits get away from him not the rational thinking he collected premium up from at a fixed amount instead of subjecting his pos to randomnenss) your position is safe.

The premium is linked to the amount of cover provided by the policy and not to the claim value, meaning that there is a fixed, quantifiable cost of insurance in the event of success, as opposed to a large percentage of damages.

Savings from caps have led to huge insurance industry profits, which «the insurance industry should pass... onto Florida physicians in the form of reduced malpractice insurance premiums, and it should no longer be necessary to continue punishing those most seriously injured by medical negligence by limiting their noneconomic recovery to a fixed, arbitrary amount.»

Top up for Fixed Savings and Aegon Life iIncome premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Money Back Plan and Fixed Savings premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Fixed Savings and Dhan Samruddhi premiums, is an extra amount of money that you can pay at any time during the policy term.

A type of Permanent Life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.

The monthly, semi-annual or the annual amounts of the premiums you pay are mostly fixed and rarely flexible.

Typically the premium and face amount are fixed for the life of the primary insured.

Your face amount is fixed for the life of your policy and will not be cancelled as long as you pay your premiums.

ADDvantage Term: Level term life insurance (meaning the face amount and premium remained fixed for the life of the policy), with term lengths of 10, 15, 20, and 30 year terms.

It is usually meant to be temporary, covering the insured for a fixed amount of time, with premiums that often increase as the insured ages.

It offers a guaranteed amount of life insurance at a premium rate that is fixed for the entire level term period.

The victims of accidents caused by non-insured vehicles could be compensated by the Road's Victim Warranty Fund (Fondo garanzia vittime della strada), which is covered by a fixed amount (2.5 %, as 2015) of each RCA insurance premium.

According to John Tough of Choose Energy, ESCOs can leverage their purchasing power to buy large amounts of energy at a fixed price, which it then resells to consumers at a slight premium.

While people often look to term life insurance to fit their life insurance needs, term life insurance has the limitation of offering a fixed premium and coverage amount for a set period of time, usually 10 to 30 years.

There is a feature of Automatic Transfer Strategy under the Fixed Portfolio strategy under which the policyholder may choose to invest all or a part of his premium in the Money Market Fund and from there a chosen amount may be transferred automatically to the Blue Chip Fund or Multi Cap Growth Fund or Opportunities Fund as per the policyholder's choice.

Fixed annuity: A deferred annuity contract in which the life insurance company credits a fixed rate of return on premiums paid or an immediate annuity in which the periodic amount is fFixed annuity: A deferred annuity contract in which the life insurance company credits a fixed rate of return on premiums paid or an immediate annuity in which the periodic amount is ffixed rate of return on premiums paid or an immediate annuity in which the periodic amount is fixedfixed.

The amount of premium depends on the current showroom price multiplied by the depreciation rate fixed by the Tariff Advisory Committee at the beginning of a policy period.

While the Tuition Fee Support Fee and the College Admission Fund is a fixed amount depending on the premium amount and variant, the Higher Education Reserve is calculated as the maturity Sum Assured net of the Tuition Support Fee and the College Admission Fund already paid.

Decreasing payoutsHow insurance premium is calculatedis influenced by whether you opt to have the quantum of protection decrease year after year, or whether you decide on having a fixed amount of cover for the entire policy duration.

The other important aspects of healthcare include your co-pay (the fixed amount you'll pay for prescriptions and services), your premium (essentially your monthly health insurance bill) and coinsurance (which is similar to a copay, but goes by percentages.

The fixed amount paid by latter to the former is referred to as the premium payment and the lump - sum amount paid to the nominee in the event of the death of the latter if referred to as the death benefit.

Decreasing term life insurance policies allow people to purchase insurance over a set amount of time for a low and fixed monthly premium.

Say a 40 - year - old nonsmoking male has a choice between a $ 250,000 Met Life universal policy with a $ 3,000 annual premium and a same amount of renewable term coverage with a 20 - year fixed premium of $ 350.

Premiums and face amounts are fixed for the life of the policy.

Fixed Premium — Where specific amount premiums are paid periodically and usually last less than the life of the policy

Flexible premiums, which can allow policyholders to adjust their payment (alternatively, a fixed, consistent amount of premium can be chosen)

You pay a fixed premium for a fixed amount of life insurance and both your premium and death benefits are guaranteed for your lifetime as long as premiums are paid on time.

In addition, the amount of the premium will typically remain fixed throughout the life of a permanent policy.