Don't forget to employ your discounts and bonuses that
you get during your policy period.
Not exact matches
«We should
get better at explaining science to laypeople, not just what we know and why it matters, but how we know it... and the imprudence of ignoring science,» said Holdren, who served as an assistant to the president for science and technology, a title that afforded him direct access to the president,
during both terms of the Obama administration and director of the White House Office of Science and Technology
Policy during the same
period.
Some insurers will stipulate that you don't
get any cash value portion returned if you surrender
during this
period, while other insurers will apply steep surrender penalties in order to recoup their own front loaded expenses in selling and setting up the
policy.
There is no cash value with a term insurance
policy but when you
get term life insurance quotes, the insurance company guarantees they will not increase the price you pay
during this level term
period (10, 15, 20, 25, or 30 years) to protect your loved ones.
I feel that the traditional insurance products gives an insurance coverage even
during the
policy period and still if the investor is alive, he
gets extra amount in form of Bonus + FAB which comes closer to 6 - 7 % which is an excellent option for long term (> 15 years) right whereas Term insurance is only till certain time or else the entire amount
gets wasted..
In case of his death
during the
policy period of 5 years, his nominee will
get Rs. 25,000.
If
during the
policy period you happen to die, your beneficiary
gets the death benefit.
Free Look
Period: During the initial 30 days of the policy coming into effect, the policyholder gets a free look p
Period:
During the initial 30 days of the
policy coming into effect, the policyholder
gets a free look
periodperiod.
This means that
policy holders will only
get financial compensation for losses that are incurred
during the
period of time that is specified in their
policies.
Some insurers will stipulate that you don't
get any cash value portion returned if you surrender
during this
period, while other insurers will apply steep surrender penalties in order to recoup their own front loaded expenses in selling and setting up the
policy.
If the
policy is not issued correctly, you'll usually have a «free - look
period»
during which you can reject the life insurance contract and
get your money back.
In case you die
during this
period, your family
gets the insured amount (called Sum Assured) and the
policy ends.
If you recently applied, you have a «30 Day Free Look»
period during which time you can cancel your
policy and
get a complete refund of any monies paid.
I want to purchase a term life insurance
policy, please suggest me how it will be beneficial for me and if made my wife as nominee how she will
get benefit if any thing happens
during the
policy period.
However, if you do
get sick any time
during the
policy period, it will be after the 5 years is up when you will run into problems.
During this
period, if you change your mind, you can return the
policy, and
get your initial premiums back.
NCB is a discount that you
get on your premium amount when you have made any claims
during your previous
policy period.
Lapsed
Policy Reinstatement: If the premium due remains unpaid by the end of the grace period, the policy gets lapsed and no life cover will be provided to you during lapse p
Policy Reinstatement: If the premium due remains unpaid by the end of the grace
period, the
policy gets lapsed and no life cover will be provided to you during lapse p
policy gets lapsed and no life cover will be provided to you
during lapse
period.
All unit linked
policies have a lock - in
period of 5 years and hence you will not
get any liquidity
during this
period.
During the grace
period, the
policy remains in force and the life assured continues to
get the risk cover as per the
policy terms without any interruption or penalty.
If the
policy is cancelled
during this
period, the policyholder will
get the fund value and the total unallocated premiums, after deducting the proportionate risk charges.
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.
For instance, tourist guides have the highest earning
during the vacation
period (i.e. May - June, December - January), so he can
get the
policy he bought in his off season, backdated to some date in the aforementioned vacation season.
If anything were to happen to you
during the
policy period, your nominee would
get the death benefit that would be paid out of this fund.
The people who bought the
policy in question
during the
period of 2008 - 09 and 2010 - 11 would be the main beneficiaries of the refund order, according to which the policyholders will
get 44 % of the Rs 625 crore premiums that was collectively paid by them for the plan.
During this
period, the insured person is allowed to review the
policy thoroughly and if they are dissatisfied with the coverage or any other terms and conditions of the
policy, then the insured person can cancel the
policy and can
get the refund.
Remember, it is better to return your
policy and
get the refund
during the free look
period, than to wait for the complete year to lapse the
policy by not continuing to pay the premium.
• Death Benefit, here a sum of money equalling the amount assured will
get paid to the nominee of the policyholder if the policyholder happens to experience an unfortunate sudden demise
during the active
period of the
policy
In case of your death
during the
policy term, the increased monthly amount corresponding to the
policy year of death will start
getting paid to your nominee and this amount will still continue to increase every year for the
period till you would have attained 60 years of age or for 120 months from date of death, whichever is higher.
SO, for instance, if you buy a tern plan of Rs., 50 lacs as the Sum Assured, your family will
get the said amount if you pass away any time
during the
policy period.
The rationale is that if the owner of the
policy does not die
during the mortgage
period the homeowner would
get back all the premiums paid for the mortgage protection
policy.
Also know that if you do purchase a
policy that you're unhappy with, there's a free look
period during which you can
get a refund, but it only lasts about a month after purchase.
•
Policies are available to applicants aged 50 to 85 • Monthly rates are extremely competitive • Coverage is guaranteed to age 100 • Rates do not increase as you
get older • Gerber is a recognized brand and the company carries an «A-rating» by AM Best •
During the two - year waiting
period, your beneficiary receives a refund of all premiums PLUS 10 % interest
Hi Josh, I am against ULIP
policies as they charge high charges
during initial
period and your investment amount would
get reduced to that extent.
If you are not satisfied with the insurance
policy then you can return the
policy by
getting full refund
during free look
period.
In short, it just does not make much sense to go without third party auto insurance when the cost is so low relative to the possible liability situation it can save you from if you should ever
get involved in an at fault accident
during the covered
policy period.
In the event of death of the life assured
during this
period, the available fund value is payable to the nominee and the
policy gets terminated.
You don't
get the full refund when you cancel your
policy during the free look
period.
After cancelling the
policy during the free look
period, the buyer
gets the refund of the initial premium which he has paid for the
policy.
This feature of an insurance
policy removes the danger of mis - selling by agents also as the buyer
gets the time for analyzing and reviewing the
policy during the free look
period.
SURVIVAL BENEFIT:
During the survival
period insured will
get 15 % of basic sum assured as a money back every 5 year of
policy term (5th, 10 th, 15 th, 20 th year).
Good drivers who avoid accidents and do not make a claim
during a
policy period,
get a discount on their premium when they renew their auto insurance
policy.
1) Benefit
during Policy Period: Pensioner would get regular pension during the policy term based on option chosen by them (Monthly, Quarterly, Half Yearly or Y
Policy Period: Pensioner would
get regular pension
during the
policy term based on option chosen by them (Monthly, Quarterly, Half Yearly or Y
policy term based on option chosen by them (Monthly, Quarterly, Half Yearly or Yearly)
This can quickly result in a targeted account
getting locked - out, as commonly used account - lockout
policies allow 3 - to - 5 bad attempts
during a set
period of time.
This can quickly result in a targeted account
getting locked - out, as commonly used account - lockout
policies allow 3 - to - 5 bad attempts
during a set
period of ti...