Sentences with phrase «nominee after the settlement»
The first installment is paid to the nominee after the settlement of the claim and the remaining 10 installments are paid on the following death anniversaries of the Life Assured.
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The first instalment will be paid to the nominee after the settlement of claim and the remaining 10 instalments will be paid on each of the following death anniversary of the Life Assured plus Additional benefit shall be payable along with the last annual instalment.
Not exact matches
A higher claim settlement ratio indicates higher chances of the nominee / family receiving the claim amount after the passing away of the policyholder.
objective of my buying is i just want my nominee to get 1cr after i die due to any reason i have found many crap in policy document saying accidental death cover, Claim settlement amount highest of 3, -10 times the annualized premium — 105 % of all the premiums paid as on date of death — Sum Assured Also there are some monthly payout plans.