Sentences with phrase «maximum policy payment»

Partial withdrawal feature after the completion of maturity age or maximum policy payment term.

Whereas, the maximum policy payment term may vary from 35 years to 40 years.

Not exact matches

Policyholders choose a limit, or maximum dollar amount, that their medical payments coverage will pay out, and that determines the increased cost of their auto insurance policy.

Most of these policies offer much greater flexibility for payment of premiums and provide a maximum gain in booming markets as well as a stop loss point (such as 1 or 0 %) in down markets.

Some policies may just pay for the additional expenses you incur due to the fact that you lost your luggage and pay for reimbursement of those items (up to their stated maximum amount) and ask you to collect the payment from the travel provider (such as airline) because they lost your luggage.

To get the maximum benefit, when you purchase a universal life insurance policy, you should pay higher premiums while young; that way the money can gain interest and which may allow your payments to go down as you get older.

For insured passengers who purchased Cancel for Any Reason coverage, we remind you that cancellations must be made 48 or more hours prior to scheduled departure and payment is limited to 75 % of the non-refundable trip cost up to the stated policy maximum limit.

Extension of policy is available on payment of additional premium, subject t0 a maximum of two extensions; however request for such case is to be made 7 days in advance.

One - time payment equal to 10 % of sum insured per surviving dependent child for a maximum of 2 children subject to a limit of Rs. 10 lakhs per policy.

The policy terms could be for minimum of 5 years for Single and Regular Premium option, Premium Payment term +3 Years for Limited Pay option and maximum 30 years in all the plans

Most universal life policies accumulate cash - value over time that you can borrow1 against (up to a maximum limit), for whatever you like, such as a down payment on your first home or preparing for a new baby.

Policy Term: The minimum policy term is 5 years, with the maximum varying from 25 years to whole life span for equated monthly premium payPolicy Term: The minimum policy term is 5 years, with the maximum varying from 25 years to whole life span for equated monthly premium paypolicy term is 5 years, with the maximum varying from 25 years to whole life span for equated monthly premium payments.

Like universal life, the premium payment might vary, but not above the maximum premium guaranteed within the policy.

One thing you may want to consider if you're thinking about buying a motorcycle insurance policy with medical payments coverage is the limit, or the maximum amount of money your insurance company will pay toward costs covered by this type of protection.

Typically with these policies there is a maximum monthly benefit that is defined in the contract — and as the long - term care coverage is paid, the death benefit will be reduced by the amount of those payments.

In the case of fixed coverage plans, payment goes according to the schedule of benefits based on a given policy maximum.

Sec 80CCE — Maximum amount of deduction that an assessee can claimNotification to an insurance company that payment of an amount is due under the terms of the policy.

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.

Maximum: Rs. 71,300 for sum assured of Rs. 50,00,000 for a standard life under single premium payment option for 47 years policy term.

But I couldn't understand what do you mean by «unless a policy has a cap on maximum payment».?

Minimum Sum Assured: Rs. 100,000 Maximum Sum Assured: Rs. 5 crores Policy Term = 10, 15 or 20 years, subject to maximum maturity age Premium Payment Term = 10 years for all policMaximum Sum Assured: Rs. 5 crores Policy Term = 10, 15 or 20 years, subject to maximum maturity age Premium Payment Term = 10 years for all policyPolicy Term = 10, 15 or 20 years, subject to maximum maturity age Premium Payment Term = 10 years for all policmaximum maturity age Premium Payment Term = 10 years for all policypolicy terms

Dear Raghav, I believe that If you hold multiple PA policies, in case of an admissible claim, you shall get compensation from all policies, unless a policy has a cap on maximum payment.

The maximum entry age however, is affixed as per the term of the policy as well as the premium payment term, as explained in the table below:

Some policies will limit coverage to some particular conditions, or cover them only up to an insanely low maximum payment.

Policyholders choose a limit, or maximum dollar amount, that their medical payments coverage will pay out, and that determines the increased cost of their auto insurance policy.

Variable Universal Life policies also continue to accept premium payments up to the maximum guidelines.

Trip cancellation coverage will reimburse prepaid nonrefundable payments if the trip has to be cancelled for any of the reasons covered by your policy up to the maximum allowable limit as stated on your Confirmation of Benefits.

As a universal policy, VUL allows flexibility on premium payments — you have the option to pay nothing one month up to the maximum amount allowed by the Internal Revenue Code for life insurance.

* Rider policy term will be same as the premium payment term of the base plan, subject to maximum maturity age of 70.

For limited pay option, the term will be premium payment term + 3 years and 30 years for maximum policy term.

The policy owner can request payment of up to 75 percent of the eligible death benefit, with a maximum of $ 250,000.

Because the policy details states that «Surrender: After 3 years of full premium payment» and «Guaranteed Surrender Value: 30 % after 3 years, 50 % after 5 years, Maximum 80 % of total premium paid» Its really confusing to understand..

the MAXIMUM length of time a life insurance company may LEGALLYhold your payment of cash value on a SURRENDERED policy is 6 MONTHS.

Uninsured motorist coverage must comply with your state's requirements; however, its payments can not exceed the maximum amount of coverage on your liability policy.

In these cases, the health plan will stop payment when they reach the benefit maximum, and the policy - holder must pay all remaining costs.

The policyholder has an option to choose the Maximum Sum Assured offered under CI benefit starting with the minimum CI Benefit of Rs. 5 Lac, in intervals of Rs. 5 Lac, up to 50 % of Sum Assured or Rs. 50 Lac, whichever is lower.This feature will cease after payment of the claim and the base policy will continue with a reduced premium.

Variable maximum premium for plan 1: Depends on the policy term, premium payment term and sum assured band.

Any payment made towards such a policy is allowed as a deduction from the total taxable income subject to a maximum of Rs. 1.5 lakh.

Variable maximum premium for plan 2: Depends on the chosen base sum assured, age at entry, policy term and premium payment term.

Variable maximum premium for plan 2: Depends on the chosen sum assured, age at entry, policy term and premium payment term.

We have fixed, minimum, and maximum sum assured (life cover) values depending on the Policy Term (10 or 20 years) and Premium Payment Term, which you can choose according to your convenience and needs.

Prior to this announcement, there was wide - spread speculation that the government was going to change current mortgage policies to include a minimum 10 per cent down payment, an increase from the current five per cent, and a reduction in amortization from a maximum of 35 to 30 years.