Sentences with phrase «investing on behalf of the policyholder»

The child plan, however, would not only pay the lump sum, but would, in fact, continue to invest on behalf of the policyholder.

In that case, the term plan will pay the lump - sum amount and stop further investments but a Child Plan along with paying the lump - sum amount, continue investing on behalf of the policyholder.

Not exact matches

Both whole and universal / unbundled life insurance are types of permanent life insurance and have a cash value component in which a portion of each premium payment is saved and invested on the policyholder's behalf.

All the remaining premiums are waived off & the company continues to invest money on behalf of the policyholder.

The insurer continues investing this money on behalf of the policyholder waiving off all the future premiums.

A child insurance plan has certain feature that make it an ideal choice for parents.So if the policyholder dies, all the future premiums are waived.Also, in the case of this eventuality, the company not only offers a lump sum but also continues investing the money on behalf of the deceased.

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

With a variable life insurance plan, the majority of the amount paid in premiums is invested on the policyholder's behalf.

On death of the policyholder, the insurer invests the present value of all the remaining premiums at one go on behalf of the deceased policyholder, so that the maturity benefits accrue as planneOn death of the policyholder, the insurer invests the present value of all the remaining premiums at one go on behalf of the deceased policyholder, so that the maturity benefits accrue as planneon behalf of the deceased policyholder, so that the maturity benefits accrue as planned.

As explained above, first the company pays at the time of death of the policy holder and because of its Waiver of Premium (WOP) feature it continues to invest in the fund on the behalf of the policyholder.

In these policies, the insurance company utilizes a portion of the premium to meet administrative expenses and fund the death benefit, and it invests the remaining premium on behalf of the policyholder.

A certain amount of the premiums paid for the insurance coverage is invested on the policyholder's behalf by the insurance company.