Sentences with phrase «made during the policy tenure»

Some insurers do not allow renewal of the policy if any claim is made during the policy tenure.

They might cover the claims made during the policy tenure but the event or incident that caused the significant financial loss happened before the period.

It assures to return all premiums paid incase no claim is made during the policy tenure and upon survival, as stated in the official statement released by the insurer.

Not exact matches

Stavisky also pointed out that Braunstein no longer worked for Silver and, during his tenure at the Assembly speaker's office, he worked in constituent services, not policy making.

During his tenure, he made the MTA the voice of the profession and established the teachers union as a partner in developing and implementing state and federal policy such as teacher - evaluation frameworks, new curriculum standards, district and school accountability measures, while strengthening labor - management collaboration focused on improving student achievement.

«Almost universally, Board members recognize that there is an issue of «community» confidence in the Board related to fundamental policy and financial decisions that were made during the tenure of the previous administration.»

Let's take an example, if a policyholder doesn't make a claim during the tenure of his auto insurance policy, he becomes eligible for No Claim Bonus, on the basis of which, a certain rebate is offered on the payable premium.

During the course of this long policy tenure, you may need to get in touch with your insurer for various purposes like updating details about significant changes in your life, making a fund switch or any other query on the product.

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.

If the insured dies or suffers permanent disability, during the tenure of the policy, the beneficiaries will receive benefits to make up for loss of income or unpaid debts left behind.

The insured can make a lump sum investment into his fund any time during the policy tenure except the last 5 years with the plan.

So, events happened during the retro - active period could be claimed if the claim is made during the tenure of the insurance policy.

It means that the professional indemnity insurance policy will only cover the claims that are made during the tenure of the policy.

Upon renewal, No Claim Bonus is applicable where no claim has been made during the New India Car Insurance policy tenure.

Hence, there's no question of making another claim during that policy tenure.

Also, any financial loss due to a false advice, the negligence, or the faulty analyses will only be covered if those mistakes were made during the tenure of the insurance policy.

In case the applicant passes away during the tenure of the child plan, certain insurers offer the benefit of premium waiver or self - funding of premium, thereby making it easy to continue the policy without burdening the family member for premium payment.