Sentences with phrase «full policy period»

Third party premium by regulator gets fixed today for full policy period i.e. buy two or three year policy today to realize your saving

Third party premium by regulator gets fixed today for full policy period i.e. buy two or three years policy today to realize your saving

Not exact matches

The rate of new firms entering the marketplace has fallen by nearly half over the 40 - year period from 1978 to 2012, to 8 percent, compared with a steadily increasing rate of new firm closures, up two full percentage points, to about 10 percent, over the same period, according to the Brookings Institution, a policy think tank.

Policy - makers around the world responded in a timely and aggressive manner in the autumn of 2008, when what had previously been characterized as a period of «extreme market turbulence» developed into a full - blown crisis.

[1] The «on average» specification allows the Bank to take account of the fact that it can not finetune inflation over short periods, and of the obligation to promote, insofar as monetary policy can, full employment, which is another of the Bank's charter obligations.

If you die during the grace period, your beneficiary will receive the full value of the death proceeds of your life insurance policy minus any premium that is owed to your life insurance company.

The current BCPI methodology, as presented in the July 2012 Monetary Policy Report, projects individual commodity weights from the Input - Output reference year (currently 2012) through the last period in which full - year historical price and production data is available (currently 2015).

In domestic policy during the Fifth Party System (1932 — 66), liberals seldom had full control of government; for that matter, conservatives never had full control in that period.

A person who receives such leave may be paid one - half of his or her ordinary salary during the period of such leave, or in accordance with negotiated agreement or district school board policy, and shall receive full benefits during such period.

Choose our Disablement Premium Waiver option, which pays the premiums of your pure life and dread disease policy on your behalf for a period of up to five years if you become disabled and the full cover amount of your disablement policy is paid out

Life insurance can be bought either as a permanent life insurance policy, covering your entire life (as long as your premiums are paid on time and in full), or a term life insurance policy, covering a given period of time.

Just keep in mind that these policies come with a waiting period, or graded benefit, meaning your beneficiaries won't receive the full death benefit if you die soon after purchasing.

The way insurance companies get around this is by having a 2 - 4 year waiting period before the full policy amount goes active.

Anytime during the Flexi benefit period, you can decide to with draw your savings and avail the full benefits due in the policy

Anytime during the Flexi benefit period, you can decide to pre-pone the Maturity benefit of your policy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (ifpolicy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (ifPolicy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (if any).

Free Look Period: The period of time in which a policy owner has the legal right to examine a newly issued policy and return it for a full refund of premium if not satisfied for any rPeriod: The period of time in which a policy owner has the legal right to examine a newly issued policy and return it for a full refund of premium if not satisfied for any rperiod of time in which a policy owner has the legal right to examine a newly issued policy and return it for a full refund of premium if not satisfied for any reason.

Immediate (again term usage varies by carriers) benefit means exactly what the term implies: Once approved the full amount of the policy is immediately in force and will be paid in its entirety should the insured die during the policy's active period.

If death is by accident, some carriers will pay the full face amount, regardless of the in force policy graded period.

They also may feature graded death benefits, meaning you won't receive the full benefit amount if you die during an initial period of time (usually the first year or two of the policy).

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.

However, you may not get the full refund if you want to cancel the policy and you will have to do it in writing within the cooling - off period.

If a pet owner chooses continued coverage after the 30 - Day Certificate, the wait periods for the full - term policy will be waived and they will be able to use their insurance immediately.

Last minute bookings: for reservations received within the cancellation policy period, and should the booking be cancelled, full cancellation fees will apply.

Taxpayer funded data — especially that which is subject to being used to decide policy — belongs in the full light of public view, period.

These tend to offer full or almost - full salary for the duration of the policy period or disability, whichever ends first.

If the policyholder makes it past the initial two - year waiting period, the benefits stated in the policy will go into full force and the beneficiary will receive the amount listed on the life insurance.

Second, they will impose a two year waiting period before their policy will pay the full death benefit.

This required provision gives policyowners the right to return the policy for a full premium refund within a specified period of time, if they decide not to purchase the insurance.

That would mean substantially higher rates, and a full two year waiting period before your policy went into effect.

«Return of Premium» is a common feature in many term life insurance policies that provides a full or partial refund of the premium paid at the end of the coverage period if nothing was paid out on the policy during that time.

After the two - year Graded Death Benefit period, if you die for any reason the full face amount of the policy shall be paid to your beneficiary.

This «free look» period continues for 10 full days after your policy is delivered to you.

These type of policies are designed for individuals with pre-existing health conditions and have typically have a 2 - 3 year waiting period before the full death benefit goes into effect.

It pays the full face amount of the policy in case the insured dies within the term (coverage period), but pays nothing if the insured outlives the policy.

In this scenario, you are not subject to a full waiting period where your policy pays no death benefit during the first 24 months.

Final Expense policies typically do not have a waiting period, meaning that full coverage starts immediately.

You're most likely going to have to apply for a guaranteed acceptance life insurance policy, which has a built - in 12 to 24 month waiting period before full benefits would pay out.

These are types of insurance policies that have a waiting period, sometimes two or three years, until the full death benefit goes into effect, and they're designed for people that have some kind of preexisting health condition.

We got Robert and Pauline each a $ 15,000 whole life policy with a two - year waiting period before the full final expense death benefit became available.

Guaranteed issue policies usually have a waiting period of one to three years before the beneficiary can collect the full death benefit.

Burial insurance with no waiting period is a policy that will pay out the full death benefit starting from the very first day.

Full convertibility to a permanent life insurance policy of the company's choosing, up to the end of the level - premium period or age 75 of the insured, whichever comes first.

Every ordinary life insurance policy (term, universal life and whole life) that is approved and issued today contains a «contestable clause» that is in effect for a full two year period from the policy date.

Unlike many other types of dental plans which impose waiting periods from 6 months up to 2 years on major dental procedures, DHMO plans, on the contrary, enable you to make full use of your coverage right from the moment your policy comes into force.

The reason is because the policy accrues no cash value (except in the case of Return of Premium Term Life Insurance, where you can get a full refund for all the premiums you've paid at the end of the policy period).

Only resort to a two - year waiting period policy after you have determined that full or partial coverage in the first two years isn't an option.

Keep in mind these policies have a two year graded benefit period, which means they do not pay the full death benefit until 24 months.

Often, these policies are graded, meaning there is a two year exclusion period for them to pay out in full.

The disadvantages may be limits on coverage amount, possible waiting period for full coverage, potentially a higher cost, and a riskier payout in first two years (some policies).

The 15 year level term policies let you pay one, consistent premium for a full 15 year period so you don't have to worry about increases in rates.