Sentences with word «lapsation»

In fact, the rate of lapsation among Catholics has been considerable, though at a notional 16 percent of the population they manage to turn out as many Sunday worshippers as the Church of Scotland which represents a notional 34 percent — each having somewhere over 100,000 active worshippers.

The Catholic Church in both the UK and Ireland is now weaker than ever, wracked by the abuse scandals, and with massive lapsation among the young.

There is, as the excellent Mrs Daphne McLeod has pointed out, a «total failure to teach the authentic Catholic Faith in Catholic schools, resulting in a staggering 90 \ % lapsation rate among school leavers».

The regulator has also asked the life insurers to report the matters on lapsations regularly to it,» The proceeds of the lapsed policies shall invariably be refunded to the policyholder after the expiry of the revival period or at any time after completion of 3 years term as and when demanded by the policyholder.

You can re-instate the policy within 2 years of lapsation by paying up all due premiums with interest.

The insurance behemoth has started a special revival campaign that will inject life into lapsed policies even years after lapsation.

However, the insurer may deduct charges on account of pre-closure and lapsation which should, in any case, not exceed the charges which are prescribed in case of policy surrender.

The dismal statistics that are usually cited to substantiate this claim (widespread lapsation of young people, falling mass attendance, lack of vocations etc) are familiar to most people and do not need to be rehearsed yet again.

In my opinion, this subculture of the local «gang» is a major reason for the almost total lapsation of working class youngsters in many parishes.

The result, however, is rarely growth and often serious confusion along with a loss of faith that results in lapsation.

Our failure to do this over the last several decades has been a major contributory factor in the triumph of theological error in so many catechetical centres of the Church and the devastating lapsation of the faithful across the developed world.

The price of conformity is often, indeed mostly, spiritual lapsation and moral promiscuity.

Also, they try to build in enough policy flexibility that they can less favorable option terms to policyholders during times of high volatility (at the risk of higher lapsation).

It is always recommended to speak with your insurance agent, professional advisor or a life settlement broker or provider before beginning the life settlement process, especially if your policy is approaching lapsation or a premium payment is quickly forthcoming.

Pay your premiums regularly as and when due to avoid lapsation or other penalties.

It can however be re-instated the policy within 2 years of lapsation by paying up all due premiums with interest.

It can be re-instated within 3 years of lapsation by paying up all due premiums with interest.

NINETY PERCENT: it's higher than the lapsation rate among Catholic children who go to secular schools.

Our schools, through no fault of the many highly dedicated teachers, have become factories of lapsation, where the overall peer pressure to lapse from the Faith is too strong for most young people.

The statistics of lapsation, as well as the catechetical ignorance of so many, speak for themselves.

Should the sacrament be denied to a child on the basis of their parents» lapsation?

Deferred annuity is one where payments are deferred or delayed and are payable after the lapsation of the accumulation phase where the customer is supposed to pay premiums.

The IRDA's latest draft regulations provide for standardization of the approach to be followed on lapsation, revival and surrender of the linked policies so that the interest of a policyholder is protected.

It has been further observed by the Irda that the practices being followed especially for revival, lapsation and surrender of linked policies vary widely from insurer to insurer.

If the insured is unable to pay the premium on time, then the policy will lapse and he / she will have to renew the policy within 2 years from the day of lapsation.

If you pass over the premium, your plan will lapse and you may need to revive it within 2 years from the day of lapsation.

ppf is safe investment but no risk cover, in history of term insurance the ration of lapsation is very much higher than inforce policies

Generally, if the revival is done within 6 months of lapsation and the sum assured is low, then a simple health declaration is also required.

Beyond six months of lapsation, insurers do levy a penalty.

Any dispute arising in respect of payments directly or indirectly connected with lapse of policy due to payment beyond grace period shall not be entertained and Exide Life shall not accept any liability for the lapsation of the policy or any other loss of any nature whatsoever on payments made beyond the grace period.