Sentences with phrase «in a policy year»

The maximum partial withdrawal allowed in a policy year is up to 20 % of the fund value at the beginning of that policy year.

No there is no limit on number of switches in a policy year but some companies put restriction on free switches.

You can make any number of claims in a policy year.

Only the first partial withdrawal in a policy year is free.

There is no limit on number of switches done in a policy year i.e..

This option is available once in a policy year, subject to a maximum of three times during the entire policy term.

This plan automatically gives back the basic sum insured in case it is exhausted in a policy year.

The total charge on the policy can be as low as 1 % and the insured has the option to redirect premiums to different funds up to two times in a policy year.

There is also a maximum ceiling on the number of hospitalization days in a policy year for which the allowance is payable.

It also offers access to cash value via policy loans and withdrawals — which include net - zero cost loans in policy years six and later.

A whole life insurance policy continues to gain cash value in all policy years, but this comes from higher premiums paid by you.

It is payable for a maximum of 15 days in a policy year.

12 switches can be done in a policy year under this plan.

After the first five policy years, a maximum of two partial withdrawals are allowed in a policy year without any additional charges.

If you want to secure permanent life insurance, or if you have a reason to access cash later in policy years, a term product is not the right solution for you.

You can submit claims at any point in the policy year they occurred, plus 60 days into your next policy term.

With a super top - up plan, the policyholder can make multiple claims in a year, because it covers all hospitalization expenses and all hospital bills in a policy year.

What if you have to file a very large claim or your pet is treated for multiple conditions in a policy year?

There is a 0 % loan spread in policy years 11 +.

But if he needs it longer, the premiums will increase in policy year 16 substantially.

An exchange can take place in policy years 2 - 5.

Because there is no underwriting, a life insurance company has no way to judge how likely a client is to die in any policy year.

Generally your health insurance policy allows you to utilize only sum insured limit in a policy year.

In the event of the demise of the life insured, the nominees receive 12 times of the monthly income benefit in the policy year of death will be paid as lump sum immediately.

Insurance providers usually offer a bonus to policyholders for not making claims in a policy year.

A maximum of 2 withdrawals are allowed in each policy year.

Change in the allocation of premiums can be done free of charge once in every policy year.

You are entitled to 52 free switches in any policy year.

It can be done up to 2 times in a policy year.

The total partial withdrawals in a policy year can not exceed 20 % of the fund value available at the beginning of that policy year.

The maximum partial withdrawal amount is 20 % of the fund value in a policy year.

There is access to the cash value via loans and / or withdrawals — which includes the opportunity to take net - zero cost loans in policy years six and beyond.

Key new features include an account interest multiplier, which bumps up the interest credit by 10 percent beginning in policy year six, as well as a guaranteed 1 percent interest bonus on the index account that kicks in at policy year 111.

This plan assures guaranteed annual payouts until Maturity (except in the policy year coinciding with maturity).

Guaranteed * Survival Benefits: The product assures Guaranteed * Survival Benefits until Maturity (except in the policy year coinciding with maturity).

Premium Re-direction: You can avail 1 free premium re-direction in a policy year.

By keeping your policy in - force, you earn bonus interest on the money in your policy every year starting on your fifth policy anniversary

Immediately thereafter and on each subsequent monthly anniversary, the Fund Value of [1 / (13 - month number in the Policy Year)-RSB- Units available at the beginning of the month shall be switched to Growth Super Fund automatically by canceling Units in the Secure Plus Fund and purchasing Units in the Growth Super Fund.

The Annualised Base premium is the sum of premiums payable in a policy year and excludes modal factors and underwriting extra (if applicable).

Earn bonus interest on the money in your policy every year starting on your fifth policy anniversary

Carry Forward Bonus - If any available Entitlement Certificates are not used by Insured Person in a Policy Year, then50 % of these Entitlement Certificates is carried forward to the next Policy Year except for Annual Health Check - Up.

The reset will trigger only for claims within the same policy year excluding the first claim, and if it is unrelated to the illness / disease / injury for which a claim has been paid in that policy year for the same person.

Is it worth to buy health insurance from appolomunich where wording says you will not be paid for more than once in a policy year in case of critical illness

Partial Withdrawal Charge — This policy allows one partial withdrawal free of cost in a policy year from the Top Up Fund or the Single Premium.

In - force Illustrations We reserve the right to charge $ 25 for each in - force illustration requested after the first in a policy year

Unlimited Free Switches - There is no limit on number of switches done in a policy year i.e. you may switch any number of times without any charges being levied.

If you cancel your policy within 14 days of the start date or renewal date, we'll make a full refund of any payment you made in that policy year.

Wenger has said it enough times about how difficult it is to try and bring in half a dozen players at once — surprised people are expecting any sort of quantum shift in policy this year.

For Premier and Premier Plus plans, the excess will be applicable in each policy year.