Sentences with phrase «holder during the tenure of the policy»

Not exact matches

ULIP policy holders can make use of features such as top - up facilities, switching between various funds during the tenure of the policy, reduce or increase the level of protection, options to surrender, additional riders to enhance coverage and returns as well as tax benefits.

Unit linked policy holders are given features like top up facilities along with an option of switching funds during the tenure of the policy.

Term Cover: It refers to the tenure of a term insurance plan wherein the sum assured is only paid to the nominees if the policy holder passes away during the plan tenure.