Sentences with phrase «for modal premiums»
«Annualized premium has been replaced by «Annual premium», where annual premium is the premium payable in a year, including loadings for modal premium but excluding the underwriting extra premiums, if any.
edelweisstokio.in
There is usually a higher incremental cost for all modal premium options other that annual.
* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding loadings for modal premiums, if any, and applicable taxes.
* Annualised Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.
* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.
The reason is that insurance companies build in a «factor» for modal premiums to cover their cost of billing administration.
Annualised premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums, loadings for modal premiums, service tax and cess, if any.
* Annualised Premium is exclusive of extra premium, rider premium, loadings for modal premiums, Goods and Service Tax, if any.
* Annualised Premium includes extra premium (if any) but excludes any loadings for modal premiums and remains same irrespective of the premium payment mode.
1 Premium shall exclude any underwriting extra premiums, any loadings for modal premiums and any taxes paid such as service tax and cess as applicable.
Annualised Premium shall exclude any underwriting extra premiums, any loadings for modal premiums and any taxes paid such as service tax and cess as applicable.
In the earlier version, Sum Assured = X times the annualized premium, where annualized premium is the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.
* Annualized Premium shall be the premium payable in a year, excluding service tax, extra premiums and loadings for modal premiums, if any.
* Annualised Premium is defined as premium payable on an Annual Mode, including extra premium (if any) but excludes all applicable taxes, cesses and levies as imposed by the Government and any loadings for Modal Premiums.
* Annualised Premium is the premium payable in a year, excluding the loadings for modal premiums and underwriting extra premiums, if any.
annualized premium is the premium payable in a year chosen by the policyholder excluding the underwriting extra premiums and loadings for modal premiums, if any.
$ Annual Premium is the premium payable in a year, including loadings for modal premium and the underwriting extra premiums, if any.
For the purpose of computation of Death Benefit, the premiums shall exclude any underwriting extra premiums, any loadings for modal premiums and any taxes paid such as service tax and education cess.
* Annualized Premium includes extra premium (if any) but excludes all applicable taxes, cesses and levies as imposed by the Government as well as any loadings for modal premiums and remains same irrespective of the premium payment mode
* Annualised Premium includes extra premium (if any) but excludes all applicable taxes, cesses and levies as imposed by the Government as well as any loadings for modal premiums and remains same irrespective of the premium payment mode
* Annualised Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.
* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.
Maturity benefit is payable on survival of the policy term which is higher of (Guaranteed Maturity Benefit (GMB) + accrued Guaranteed Additions and bonuses plus terminal bonus, if any or 100.1 % X (annualized premium plus loadings for modal premiums, if any).