Sentences with phrase «monthly modes of premium payment»

For monthly modes of premium payment the grace period allowed is 15 days.

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.

The insurance holder can pay a regular 6 monthly premium under the monthly mode of premium payment.

Monthly mode of premium payment is only available under ECS / SI mode.

Monthly mode of premium payment is available only under ECS / SI mode.

However, a grace period of one month but not less than 30 days will be allowed for yearly, half - yearly, quarterly modes and 15 days for monthly mode of premium payment.

Not exact matches

Most of the life insurance plan offers four mode of premium payment i.e. on monthly, quarterly, Half - yearly or yearly basis.

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.

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.

Grace Period: Grace period of 15 days is allowed for monthly mode and 30 days for other modes for the payment of premium.

Where the mode of premium payment is monthly, the outstanding premium instalments for the remainder of the policy year of death are deducted from the Death Benefit.

You are allowed to choose any mode of premium payment - monthly, quarterly or yearly installments

Grace Period: 15 days grace period is allowed for payment of premium in monthly mode and 30 days in other modes.

Grace Period: 15 days grace period is allowed for payment of premium in monthly mode and 30 days for other modes.

Grace Period: On failure of payment of the premium for monthly payment modes, a grace period is allowed for 15 days within which the policyholder can pay his premium dues.

Grace Period: 15 days grace period is allowed for payment of premium in monthly modes and 30 days in other modes.

Grace Period: 15 days grace period is allowed for payment of premium under monthly mode and 30 days for other modes.

Grace Period: A period of 15 days (for monthly payment mode) and 30 days (for other modes) is provided to the insurance holder during which he / she can pay off all the due premiums.

Your employee has to authorize transfer of a single premium and choose annuity payment modes - monthly, quarterly, half - yearly or yearly.

However, in case there is a delay in paying the premium, you are entitled to a grace period of 15 days for monthly premium payment mode and 30 days for quarterly, half - yearly and annually payment mode for paying premium without any interest.

The policy holder can makes a choice of paying monthly premium payment mode.

Also, if the premium is paid at one go for the whole year the funds are available (for investment) to the company for longer than in monthly mode of payment.

A grace period is an extended duration; of 15 days for monthly premium payment mode & 30 days for other premium payment modes, from the premium due date given to the life assured to pay his due premium.

Grace Period: A grace period of 15 days is allowed for policies under monthly payment mode and a grace period of 30 days is allowed for policies under all the other payment modes from the premium due date to pay the premium.

In case of monthly payment mode, the grace period is 15 days from the due date of the policy premium payment date.

Grace Period: If the insured fails to pay his insurance premium by the due date, then a grace period of 15 days is allowed for monthly premium payment mode and a grace period of 30 days is allowed for annual mode of premium payment.

In the case of premium payments via monthly payment modes the grace period allowed is 15 days.

Grace period is essentially an extension of your regular premium payment mode (monthly, quarterly, biannual or annual).

Grace Period: Grace period of 15 days in monthly mode and 30 days in other modes is applicable for due premium payments.

Grace Period: 15 days grace period is allowed for payment of premiums in monthly mode and 30 days in other modes after which the policy lapses

To ensure consistent coverage it is better to switch to a more manageable mode of payment (monthly or quarterly) in case the policy holder is unable to pay annual premium due to financial constraints.

Grace Period: For the payment of due premiums, a grace period of 15 days is provided for monthly mode and 30 days for other modes.

Grace Period: In case of failure of the premium payment within the given time, a 15 days» grace period is allowed to the insured to make payment of the due premium in monthly mode and 30 days in other modes.

Grace Period: 15 days grace period is allowed for payment of premium in monthly mode and 30 days in other modes in the HDFC Click To Protect Plus plan.

A grace period for payment of premium of 15 days applies for monthly premium payment mode and 30 days for other modes of premium payment.

Grace Period: A grace period of 15 days is allowed for payment of premium in monthly mode and 30 days for other modes.

The premium payment modes of the policy are monthly, quarterly, half - yearly, yearly and single pay.

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.

This grace period is of 15 days if your premium payment mode is monthly, else it is 30 days.

Grace Period: If the insured fails to pay his premium within the premium due date then he is allowed a grace period of 15 days for monthly premium payment mode and 30 days grace period in case of annual premium payment mode, failure to which the policy shall lapse.

You can make the premium payment for LIC Jeevan Lakshya monthly, quarterly, half - yearly and yearly modes and an ECS's facility is also available to make the payments of the premiums easier via mobile banking or internet banking.

Grace Period: The insured is allowed a grace period of 15 days for his monthly premium payment modes; and, if the insured fails to pay his premiums of other premium payment modes, then he is allowed for a 30 days grace period.

Grace Period: 30 days grace period is allowed for payment of premium in every mode except monthly mode where 15 days» grace period is allowed

Grace Period: On failure of monthly premium payments the policyholder is allowed for a grace period of 15 days and on the failure of premium payments of any other payment modes a grace period is of 30 days is allowed.

Grace Period: A 15 day grace period is allowed on the failure of monthly premium payment and a 30 day grace period is allowed on the failure of other premium payment modes.

Grace Period: SBI Shubh Nivesh allows a grace period of 15days for monthly premium payment and 30 days for other premium payment modes.

In case the mode of premium payments is monthly then only 15 days is allowed for the grace period.

Grace Period: If you choose the monthly mode of paying premiums then you would get a grace of 15 days should you miss a payment.

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

15 days grace period is offered for payment of premium through monthly mode.