Sentences with phrase «maximum age of insured»

The maximum age of insured should be of 75 years at the end of policy term.

Not exact matches

Besides income, the maximum issue limits for disability insurance also depend on the occupation class and age of the insured.

Provides coverage for eligible emergency medical expenses incurred while traveling outside your Canadian province or territory of residence, for the first 15 consecutive days of each trip, up to a maximum of $ 5,000,000 per insured person, for all insured persons under the age of 65.

Return of Minor Child (ren): Should the Insured Person be traveling alone with a Minor Child (ren) and is hospitalized because of a covered Illness or Injury and the Minor Child (ren), under age 19, is left unattended, the Company will arrange and pay, up to the maximum stated in the Schedule of Benefits, for one way economy fares to their Home Country.

Premiums are paid for the «whole life» of the insured person, continuing until he or she dies or reaches a specified maximum age.

Education expense are covered up to 10 % of sum insured or Rs 5000 till the age of 23 years for one child and for more than two it is covered up to 10 % or maximum up to Rs 10,000.

The family floater plan by HDFC ERGO travel insurance covers the insured and his / her spouse, up to the age of 60 years and a maximum of two children from ages of 3 months onwards until the age of 21 years.

This life benefit is for the primary life insured only with maximum 50 years of age for the eligible person as per medical underwriting.

The maximum amount is defined by several factors, like the age of the insured, the amount of coverage, and the type of policy they elect.

In the event an insured person experiences a Stroke or Myocardial Infarction (Heart Attack) while the certificate is in force, and the condition is deemed to be pre-existing, the plan will cover those expenses associated with said condition up to a maximum of $ 5,000 per period of coverage for ages 0 - 69 and up to $ 2,500 per period of coverage for ages 70 +.

The yearly maximum deductible amount for each individual depends on the insured's attained age at the close of the taxable year (see Table 1 for current limits).

The waiver of a premium rider is an optional policy provision that provides for the life insurance policy's premium payment in case of the total disability of the insured to pay; age restrictions and coverage maximums apply as per usual.

Max Life Partner Care Rider: (UIN: 104A023V01) Under this rider, in the event of death of the insured, the nominee gets an additional sum of all the future premiums payable under the base policy, subject to a maximum age of 60 years.

Fortunately, policies issued in the past 10 years or so primarily use the newest 2001 CSO mortality tables, which were extended to a maximum life span of age 121, to reduce the risk of the insured outliving the end of life insurance mortality tables.

Examples of when this may happen is if a prospective insured has had cancer, a heart attack, a stroke, or is over the acceptable maximum age.

If the insured dies due to an accident before attaining age 65 years, an additional Sum Assured is payable which is equal to the Sum Assured on death subject to a maximum of Rs. 2 crores

On renewal, the maximum sum insured for individuals above the age of 70 years is restricted to Rs. 5,00,000 only.

The maximum entry age of the policy is 60 years and the minimum sum assured amount paid to the insured is 180 times your monthly base premium.

The minimum and maximum Sum Assured is then calculated using the age of the insured and the plan term.

The maximum coverage is $ 150,000 if the insured's age is 18 - 55, with a minimum coverage of $ 25,000.

Frequently, the maximum term of 20 yearsfrom the date of issue, although it is sometimes stated as beingthe attainment of a fixed age by the insured.

Per Baggage maximum 50 % and per item in the baggage 10 % Only 50 % of the Sum assured in respect of the death of the insured person below age of 18 years

o Children's Education Bonus in case of Accidental Death or Permanent Total Disablement of parent of Rs. 5000 / - for 1 child or Rs. 10,000 / - maximum for 2 children below the age of 19 or 10 % of capital sum insured, whichever is less

For an insured person aged 17 years or below, the maximum sum payable is 10 % of the principal sum insured.

Variable maximum premium for plan 1: Depends on the Sum Assured, Policy Term and Age of the insured.

There is an option to extend / deferment of accumulation period, provided the life insured is aged below 55 years and maximum vesting age is not more than 80 years.

There is an option to extend / deferment of accumulation phase, provided the life insured is aged below 55 years and maximum vesting age does not exceed beyond 80 years.

Option III: On the occurrence of first critical illness of life insured before the age of 65 years and during the first 30 policy years, the insurer pays 50 % of the sum assured on death (maximum of Rs 50 lacs) and the future premiums are waived off.

o Option III: On the occurrence of first critical illness of life insured before the age of 65 years and during the first 30 policy years, the insurer pays 50 % of the sum assured on death (maximum of Rs 50 lacs) and the future premiums are waived off.

Variable maximum premium for plan 1: Depends on sum assured, age of the insured and policy term..

Variable maximum premium for plan 2: Depends on sum assured, age of the insured and premium payment term.

Variable maximum premium for plan 1: Depends on age of the insured, policy term and the policy year.