Sentences with phrase «modal premiums»

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding loadings for modal premiums, if any, and applicable taxes.

An amount equal to the sum of all the future Modal Premiums will be instantly credited to the Fund Value

National Life Group will draft your first modal premium payment to place the policy in force.

At any policy anniversary, you can opt to alter your premium payment frequency to any other frequency (i.e. yearly, and monthly) subject to availability of the frequency and minimum modal premium criteria applicable under the plan then.

* Annualised Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

2) An amount equal to the sum of all the future Modal Premiums (if any) shall be credited to the Fund Value.

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

The reason is that insurance companies build in a «factor» for modal premiums to cover their cost of billing administration.

Modal Premium The modal premium is the payment method selected by the insured to pay policy premiums.

The other extreme — the modal premium — is the premium that you would pay to keep your savings growing to age 100.

In most cases, it's best to pay the Modal premium, which will be higher than a Term premium, but still lower priced than Whole Life.

Modal premium is the premium that is payable on a premium due date.

The modal premium pays for the death benefit, builds cash and helps you avoid paying taxes.

You have the option to show all modal premiums or just the one you selected.

There is usually a higher incremental cost for all modal premium options other that annual.

The modal premium is the payment method selected by the insured to pay policy premiums.

Annualised premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums, loadings for modal premiums, service tax and cess, if any.

* Annualised Premium is exclusive of extra premium, rider premium, loadings for modal premiums, Goods and Service Tax, if any.

* Annualised Premium includes extra premium (if any) but excludes any loadings for modal premiums and remains same irrespective of the premium payment mode.

«Annualized premium has been replaced by «Annual premium», where annual premium is the premium payable in a year, including loadings for modal premium but excluding the underwriting extra premiums, if any.

1 Premium shall exclude any underwriting extra premiums, any loadings for modal premiums and any taxes paid such as service tax and cess as applicable.

Annualised Premium shall exclude any underwriting extra premiums, any loadings for modal premiums and any taxes paid such as service tax and cess as applicable.

In the earlier version, Sum Assured = X times the annualized premium, where annualized premium is the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

If you are paying $ 35.00 monthly premiums, your modal premium is $ 35.00.

The modal premium for frequencies other than yearly frequency is arrived at by multiplying the annual premium by the premium payment frequency factors, given below:

Modal premium is simply the premium paid on a policy, based on the frequency of premium payments, which could be annual, semi-annual, quarterly, monthly, or weekly.

* Annualized Premium shall be the premium payable in a year, excluding service tax, extra premiums and loadings for modal premiums, if any.

On the other hand, the modal premium is the maximum you can contribute and will pay for your death benefit as well as build cash value.

* Annualised Premium is defined as premium payable on an Annual Mode, including extra premium (if any) but excludes all applicable taxes, cesses and levies as imposed by the Government and any loadings for Modal Premiums.

The modal premium for frequencies other than annual mode is arrived at by multiplying the annual premium by the frequency factors, given below:

* Annualised Premium is the premium payable in a year, excluding the loadings for modal premiums and underwriting extra premiums, if any.

annualized premium is the premium payable in a year chosen by the policyholder excluding the underwriting extra premiums and loadings for modal premiums, if any.

$ Annual Premium is the premium payable in a year, including loadings for modal premium and the underwriting extra premiums, if any.

For the purpose of computation of Death Benefit, the premiums shall exclude any underwriting extra premiums, any loadings for modal premiums and any taxes paid such as service tax and education cess.

* Annualized Premium includes extra premium (if any) but excludes all applicable taxes, cesses and levies as imposed by the Government as well as any loadings for modal premiums and remains same irrespective of the premium payment mode

Used to find the APR (Annual Percentage Rate) related to the modal premiums you are paying on your policy.

* Annualised Premium includes extra premium (if any) but excludes all applicable taxes, cesses and levies as imposed by the Government as well as any loadings for modal premiums and remains same irrespective of the premium payment mode

* Annualised Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

Maturity benefit is payable on survival of the policy term which is higher of (Guaranteed Maturity Benefit (GMB) + accrued Guaranteed Additions and bonuses plus terminal bonus, if any or 100.1 % X (annualized premium plus loadings for modal premiums, if any).