Sentences with phrase «invested by the policyholder»
The premium net of applicable charges can be either self - invested by the policyholder or invested under the Systematic Transfer Plan or Automatic Asset Allocation option.
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Like any variable life policy, variable survivorship life insurance has a cash value component in which a portion of each premium payment is set aside to be invested by the policyholder, who bears all investment risk.
One has to lodge a lump - sum amount and pension will start instantly, based on the lump - sum amount invested by the policyholder.
The premium net of applicable charges can be invested by the policyholder in a choice of seven funds for investment.
The premium net of applicable charges can be invested by the policyholder in a choice of three funds for investment.
Not exact matches
Your premium not only pays for the cost of insurance, but is also invested in an account managed by the insurance company and shared with all other par policyholders in Canada.
Since the premiums that are paid by the policyholders is an important chunk of their earning, it is, therefore, important to invest and put in money smartly without ripping the financial condition.
The policyholder has no control over how these funds are invested; funds are managed by the insurance company's professional portfolio managers.
Dividends are a portion of the life insurance company's profits that is paid to policyholders who, by purchasing life insurance, are investing in the life insurance company's growth.
Top - up premiums are invested under the «Save for Tomorrow» feature where the policyholder is allowed to increase the amount of top - ups by 5 % p.a. subject to a maximum of 150 % of the regular premium
The balance is invested in the investments chosen by the policyholder
The premium paid net of charges is invested as per the investment option chosen by the policyholder from a choice of 3 options namely — Return Optimizer Option, Systematic Transfer Option, and Self - Managed Option.
A good financial plan with returns and life coverage invest the premium as paid by the policyholder in the stock market and gives them returns which are comparatively volatile as they depend on the performance of the stock markets.
This portfolio strategy helps the policyholder to invest his / her money in a systematic manner over the years by automatically transferring it every month, from a low risk fund to fund (s) of his / her choice.
The premium paid net of charges is invested as per the investment option chosen by the policyholder from a choice of 4 options namely — Smart Option, Return Optimizer Option, Systematic Transfer Option, Self - Managed Option.
c.Ulips which offered capital guarantee, i.e., they assured the policyholder to return the capital invested by him, less of any charges
A portion of the premium paid by the policyholder is utilized to provide insurance coverage to the policyholder and the remaining portion is invested in equity and debt instruments.
Certain life insurance policies — such as universal life insurance — also allow policyholders to accumulate tax - deferred funds by investing the maximum allowable amount into the cash value portion of their insurance policy.
If any top up premium shall be paid under the policy in which loan is availed of, the top up premium will be first adjusted towards outstanding loan and interest on outstanding loan, if any, and the balance available shall be invested in the fund (s) chosen by the policyholder after deduction of applicable charges.
(The difference between these policies mostly has to do with the amount of control a policyholder can exert over the way policy funds are invested by the insurer - more on that later).
The policyholder has no control over how these funds are invested; funds are managed by the insurance company's professional portfolio managers.
The premium which is paid by the policyholder will be invested in funds the company has as per the choice of the policyholder which would be influenced by his risk - taking ability.
Premium is invested after adjusting the required charges as per the decision made by the policyholder in a choice of 5 funds namely Secured Fund, Balanced Fund, Smart Fund, Growth Fund and Prima Fund
In deferred annuity, money is invested for some period before payments are made.It can be chosen by individuals who are working and still have some years of work before retirement.It may also come with a «life cover» which implies that in case of death of the policyholder, a lump sum amount is paid to the nominee.
Under the Auto Funds Rebalancing option, the funds rebalance themselves every 3 months in the ratio chosen by the policyholder at the commencement of the plan while investing money.
The premiums paid after adjusting the applicable charges are invested in a choice of fund chosen by the policyholder.
The premiums paid net of charges are invested as per a choice of three investment options chosen by the policyholder namely Self - Managed Option, Automatic Asset Rebalancing Strategy and Systematic Transfer Plan
SHIKSHA PLUS SUPER gives policyholders an option to invest premiums in five investment funds offered by Max Life Insurance with a choice of Dynamic Fund Allocation and Systematic Transfer Plan.
The policyholder may choose to invest in any of the fund himself or ask the company to do the investments on his behalf where the last 3 funds are chosen by the company
For example, in an Endowment Plan, premiums are invested by the Insurance Company and profit earned on it is again distributed back to the policyholders in the form of bonuses, whereas in a pure Term Plan, the policyholders are not entitled to participate in the profit of the Insurance Company.
The premiums are invested under Automatic Asset Allocation (AAA) strategy wherein the company allocates the premium to three funds depending on the choice of investment objective chosen by the policyholder.
Ideally designed for couples, variable survivorship life insurance has a cash value component where the insurer sets aside a portion of each premium payment for the policyholder to invest from various investment options provided by the insurer.
Freedom to choose the kind of Funds: The part of the premiums paid by the policyholders are invested into funds like bonds, stock markets etc..
A certain amount of the premiums paid for the insurance coverage is invested on the policyholder's behalf by the insurance company.
Since a portion of policy holder's premium is invested in market instruments, that portion is not free from risk and all associated risks for this market invested portion has to be borne by the policyholder.
The policyholder pays the premiums and aims to create a corpus by investing in the child plan.
Dividends are a portion of the life insurance company's profits that is paid to policyholders who, by purchasing life insurance, are investing in the life insurance company's growth.
Unlike traditional savings plans, the risk of investment in this case is borne completely by the policyholder as the policyholder chooses the investment options in which he / she wants to invest in.
A portion of the money is used to invest in stocks, bonds, and debt funds as chosen by the policyholder.
The premiums minus the policy charges will get invested in funds selected by the policyholder.
The premium, net of charges, is invested in the fund as selected by the policyholder and being a ULIP, the risk of investment is borne by the policyholder.
After deduction of applicable charges of Rs 3,000 the amount of Rs 97,000 is invested in the fund chosen by the policyholder.
Some like Bajaj Allianz Life Insurance provide a portfolio strategy called «Wheel of Life» that manages the investment of the units in a predefined manner with automatic switches by gradually investing in a mix of debt and equity, according to the policyholder's outstanding term.
In case of traditional policies, the insurance company is bound by rules of how they can invest the policyholder's money.