Sentences with phrase «mode of premium payment as»

Not exact matches

Frequency The scheduled mode (e.g. monthly, quarterly, etc.) for the payment of insurance premium or for income amounts as set forth in the annuity policy.

ULIP allows you to customise your saving's schedule by making use of its features such as withdrawals, multiple fund options, different premium payment options and modes.

Additionally, the policy owner has the right to change the mode of premium payment, i.e. annual, semi-annual, quarterly or monthly bank draft as well as the payout method, i.s. lump sum, lifetime annuity or period certain annuity.

The policy provides the flexibility to choose the length of the policy term, payment mode as well as affordable premium rates.

The monthly premium is expressed as 8.9 % of the annual premium and if the policyholder chooses the monthly mode of premium payment, 3 months» premiums have to be paid in advance.

Under participating and non-participating whole life insurance, there aredifferent types of premium payment modes.Youcan choose any of the premium mode as per the suitability.

If the policyholder fails to pay the premium within the due date, then a period of 30 days is provided as a Grace period from the first due date (15 days for those who have opted for monthly mode) of premium payment.

Life Insurance Corporation of India offers Jeevan Saral plan, an endowment plan that has a lot of flexibility and comes with a choice of the premium amount as well as the payment mode.

When the policyholder chooses to pay premium at regular intervals for a defined period as per the insurance policy, to keep the policy in force and avail its benefits, the mode of premium payment is called Regular Premium Paymenpayment is called Regular Premium PaymentPayment Mode.

One can avail rebate of premium payment up to 3 % as per payment mode chosen.

Rebate for mode of premium payment is same as mentioned under the base plan and there is no high sum assured under this rider.

When the policyholder has to pay premium only once, during the term of the life insurance policy, the mode of premium payment chosen is called as Single Premium Paymenpayment chosen is called as Single Premium PaymentPayment Mode.

Protection for your family: Get life cover of at least 10 times the annualised premium for the entire policy term Pay as you like: With yearly, half - yearly, quarterly and monthly premium payment modes Tax benefits: Get tax benefits on investment and on returns, as per the applicable income tax laws

Regular payment mode option and sum assured as 10 times of annualised premiums.

* 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

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

Then the calculator will return you the below table of premiums as per various premium payment mode.

11 times the Annualized Premium (which is the premium paid over an year, excludes all applicable taxes, cesses and levies as imposed by the Government and remains same irrespective of your premium payment mode)