In a case of suicide committed by the insured within the first 12
months of the plan inception, 80 % of the premium paid is payable to the beneficiary.
Suicide: If the insured dies by committing suicide within 12
months of plan inception or renewal then the nominees are settled by paying the fund value as on the date of death.
Suicide: If the insured commits suicide within first 12
months of plan inception or renewal then the settlements are done by paying the fund value as on the date of death.
Not exact matches
(2) If an individual assents to an agreement that contemplates that creditors will settle debts for less than the principal amount
of the debt, a provider may charge: (A) subject to Section 19 (d), a fee for consultation, obtaining a credit report, setting up an account, and the like, in an amount not exceeding the lesser
of $ 400 and four percent
of the debt in the
plan at the
inception of the
plan; and (B) a monthly service fee, not to exceed $ 10 times the number
of creditors remaining in a
plan at the time the fee is assessed, but not more than $ 50 in any
month.
In case
of suicide committed within 12
months of policy
inception or policy revival only 80 %
of premiums paid are returned to the nominee and no Death Benefit will be paid under the LIC term
plan.
In case
of suicide committed within 12
months of policy
inception or policy revival only 80 %
of premiums paid are returned to the nominee and no Death Benefit will be paid under this LIC term
plan.
For a single pay
plan, 90 %
of the premium paid is refunded, in case the insured commits suicide within 12
months of the policy
inception.
In case
of availing monthly instalments, a fixed monthly income chosen at the
inception of the
plan is payable following the
month of death till the end
of the
plan tenure subject to a minimum
of 3 years or 36 monthly payments.
Suicide: In case
of suicide within 12
months of policy
inception or renewal
of the
plan the fund value as on the date
of death is paid to the beneficiaries.
If the policyholder commits suicide within first 12
months of the policy
inception or the policy renewal, then 80 %
of the total premiums paid till date are refundable to the entitled beneficiaries
of the insurance
plan.
In case
of suicide committed within 12
months of policy
inception or revival only 80 %
of premiums paid are returned to the nominee under HDFC Click To Protect Plus
plan.
Suicide: If the insured commits suicide within 12
months of the
plan since
inception, then the fund value as on the date
of death shall be paid.
● Single Pay
plan: If the person commits suicide within 12
months of the policy
inception, only 90 %
of the premium paid is refunded.
● Regular Pay
Plan: If the person commits suicide within 12
months of the policy
inception, only 80 %
of the premium paid is refunded.
In case
of suicide committed within 12
months of inception or revival
of the
plan, the available Fund Value is paid to the nominee.
In case
of suicide committed within 12
months of inception or revival
of the
plan, the available Fund Value and any top - up premium Fund Value is paid.
Hi Suresh, Suicide is covered after 12
months from the
inception date
of the policy in most
of the term insurance
plans.