Sentences with phrase «of special surrender value»

Surrender Value is higher of the Special Surrender Value or Guaranteed Surrender Value, after deducting loans under the policy.

The amount payable on Surrender is higher of the Special Surrender Value or the Guaranteed Surrender Value, after deduction of loans under the Policy.

Loan amount up to 60 % of the special surrender value, provided the policy has acquired the surrender value.

Surrender Value is higher of Special Surrender Value (SSV) or Guaranteed Surrender Value (GSV).

Surrender Value payable is higher of Special Surrender Value and Guaranteed Surrender Value.

The plan offers a loan facility which is 90 % of the special surrender value of the policy at the end of the relevant policy year less any unpaid premiums for that year.

Loan facility under this policy can be availed up to 80 % of the special surrender value and it is available after payment of 3 full policy years» premiums.

The maximum Loan Benefit that can be availed under this policy is up to 90 % of the special surrender value.

The minimum loan amount of Rs 10,000 can be granted under this policy, subject to a maximum of 50 % of Special Surrender Value.

Surrender benefit is higher of Special Surrender Value or Guaranteed Surrender Value.

The SBI Shubh Nivesh policy loan is limited to a maximum of 90 % of the Special Surrender Value (SSV).

The policyholder can avail of a policy loan that is a maximum of 90 % of the Special Surrender Value of the policy at the end of the relevant policy year.

Surrender Value is stated as the higher of Special Surrender Value or the Guaranteed Surrender Value.

The Surrender Value is higher of the Special Surrender Value or the Guaranteed Surrender Value.

The surrender benefit is higher of special surrender value and guaranteed surrender value.

For the plan under consideration, there was mention of Guaranteed Surrender Value Factors for premium and guaranteed additions and non-guaranteed surrender value factors for calculation of special surrender value.

The amount which is higher of the Special Surrender Value (SSV) and the Guaranteed Surrender Value (GSV) will be offered as the surrender benefit.

Loans can be availed against this HDFC child plan which will be for a maximum of 80 % of the Special Surrender Value applicable under the plan

The Surrender Value will be higher of the Special Surrender Value or the Guaranteed Surrender Value.

If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.

The term «proceeds and avails», in reference to policies of life insurance, includes death benefits, accelerated payments of the death benefit or accelerated payment of a special surrender value, cash surrender and loan values, premiums waived, and dividends, whether used in reduction of premiums or in whatever manner used or applied, except where the debtor has, after issuance of the policy, elected to receive the dividends in cash.

Not exact matches

The right of a judgment debtor to accelerate payment of part or all of the death benefit or special surrender value under a life insurance policy, as authorized by paragraph one of subsection (a) of one thousand one hundred thirteen of the insurance law [* see below], or to enter into a viatical settlement pursuant to the provisions of article seventy - eight of the insurance law, is exempt from application to the satisfaction of a money judgment.

Gain on a full surrender Gain on partial distributions IRA distributions TSA / ORP distributions Correction of excess contributions to IRAs Conversion of IRA assets to a Roth IRA Gain on surrender of Paid Up Additions (PUAs)(Note: Automatic surrender of PUAs for Value Pay is not a taxable event) Processing of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not apply

The Company, from time to time, may declare special Surrender Value, subject to prior approval from IRDA of India, which could be higher than or equal to the Guaranteed Surrender Value.

The policyholder will be entitled to the higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV)

The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value.

The Surrender Value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV).

The surrender value payable will be the higher of the guaranteed surrender value (GSV) or the special surrender value (SSV).

The Surrender Value shall be a higher of the Guaranteed Surrender Value or the Special Surrender Value.

After three policy years, the policy acquires Surrender Value, which is the higher of the Guaranteed Surrender Value and the Special Surrender Value If the policyholder fails to reinstate the lapsed policy within the revival period of two years from the date of the first unpaid premium, the policy is terminated.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policy year.

Special Surrender Value = % of Paid - Up Sum Assured on Death + % of Guaranteed Maturity Benefit + Paid - Up Guaranteed Additions + % of Vesting Bonus

The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) if at least 3 full years» premiums have been paid else the GSV isvalue will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) if at least 3 full years» premiums have been paid else the GSV isValue (GSV) or Special Surrender Value (SSV) if at least 3 full years» premiums have been paid else the GSV isValue (SSV) if at least 3 full years» premiums have been paid else the GSV is paid

The surrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrendsurrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Vvalue shall be higher of the Guaranteed Surrender Value (GSV) and the Special SurrendSurrender Value (GSV) and the Special Surrender VValue (GSV) and the Special SurrenderSurrender ValueValue.

After the Premium payment term, if the whole premiums have been paid by the insured under Option B or Option C a special Surrender Value is payable on surrender of thSurrender Value is payable on surrender of thsurrender of the policy.

The value will be the higher of Guaranteed Surrender Value (GSV) or Special Surrender Value (value will be the higher of Guaranteed Surrender Value (GSV) or Special Surrender Value (Value (GSV) or Special Surrender Value (Value (SSV).

Policy Termination or Surrender Benefit: If the policyholder wishes to surrender the policy then the company pays the higher of Guaranteed Surrender Value or Special SurrendSurrender Benefit: If the policyholder wishes to surrender the policy then the company pays the higher of Guaranteed Surrender Value or Special Surrendsurrender the policy then the company pays the higher of Guaranteed Surrender Value or Special SurrendSurrender Value or Special SurrenderSurrender Value.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policy year.

The special surrender value shall be based on the expected present value of Guaranteed Sum Assured on maturity and expected present value of Accrued Fixed Regular Additions applicable at the time of surrender.

The surrender value shall be a higher of the Guaranteed Surrender Value and Special Surrendsurrender value shall be a higher of the Guaranteed Surrender Value and Special Surrender Vvalue shall be a higher of the Guaranteed Surrender Value and Special SurrendSurrender Value and Special Surrender VValue and Special SurrenderSurrender ValueValue.

The Surrender Value is higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV)

The policyholder is paid a higher of, Non-Guaranteed Special Surrender Value or the Guaranteed Surrender Value, if he decides to surrender hiSurrender Value or the Guaranteed Surrender Value, if he decides to surrender hiSurrender Value, if he decides to surrender hisurrender his policy.

The Special Surrender Value shall be the best - estimated policy value at the time of sSurrender Value shall be the best - estimated policy value at the time of surreValue shall be the best - estimated policy value at the time of surrevalue at the time of surrendersurrender.

The sum amount provided as surrender benefit will be higher of the special surrender or the guaranteed surrender value.

The surrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of thsurrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of the povalue shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of thSurrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of the poValue (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrenderthroughout the term of thSurrender Value (SSV) will be payable at any time of surrenderthroughout the term of the poValue (SSV) will be payable at any time of surrenderthroughout the term of the policy.

The Surrender Value that is paid is the higher of the Guaranteed Surrender Value and the Special Surrender Value.

Special Surrender Value is equal to the 80 % of the Maturity Sum Assured for 3 years or more, but payment of premiums for less than a period of 4 years have been; 90 % of Maturity Sum Assured, if 4 years or more, but payment of premiums for 5 years have been made and 100 % of the Maturity Sum Assured if payment of premiums for 5 years or more have been made.

The surrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of thsurrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of the povalue shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of thSurrender Value (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of the poValue (GSV) and the Special Surrender Value (SSV) will be payable at any time of surrender throughout the term of thSurrender Value (SSV) will be payable at any time of surrender throughout the term of the poValue (SSV) will be payable at any time of surrender throughout the term of thsurrender throughout the term of the policy.

The value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits alreadyvalue will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits alreadyValue (GSV) or Special Surrender Value (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits alreadyValue (SSV) where GSV = (GSV Factor * Total Premiums paid)-- Survival Benefits already paid

The higher of Guaranteed Surrender Value or Special Surrender Value is the Surrender Value of the plan.