Sentences with phrase «of all due premiums»

For policies with premium payment other than single pay, the surrender value can be acquired on payment of all due premiums for at least 2 full policy years.

For regular & limited premium policies, surrender value can be acquired on payment of all due premiums for at least 3 full policy years.

During these days, the policy will be valid and any claims will be subject to deduction of due premiums.

Rest of the due premium is to be paid by the insured in equal installments within 2 years along with the regular premium as per the tenure of the policy.

Permanent disability: ICICI takes care of all due premiums on the policyholder's behalf if he / she is permanently disabled due to an accident.

The surrender value is payable on payment of all due premiums for at least 3 full annualized years, if the premium payment term is equal to or more than 10 years.

The surrender value can be acquired on payment of all due premiums for at least first three policy years.

During these days, you will continue to be covered and be entitled to receive all the benefits subject to deduction of due premiums.

Once the policy has acquired a surrender value, in case of non-payment of due premiums till the expiry of the grace period, the policy will not lapse but will become Reduced Paid Up (RPU).

In case the premiums for 2 policy years have been paid and then the insured does not make a payment of the due premiums within the Grace Period, then the policy acquires its Paid - up Value.

Lapse: Failure to pay three years of due premiums within the Grace Period will result in the policy lapsing.

Once the policy has acquired a surrender value, in case of non-payment of due premiums before the expiry of the grace period

Once the policy has acquired a surrender value, in case of non-payment of due premiums till the expiry of the grace period, the policy will not lapse but will become Reduced Paid - Up (RPU).

Satisfactory evidence of insurability also has to be provided, along with payment of all due premiums with a 9 % compound interest at the time of reinstatement.

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.

Surrender Value can be acquired after payment of all due premiums for at least 1/2 full policy years, when the premium payment term is less than 10 years / premium payment term is 10 years or more, respectively.

Lapse: Failure to pay two years of due premiums within the Grace Period will result in the policy lapsing.

The life cover shall cease on the non-payment of the due premiums before the expiry of the grace period, given that the policy has not acquired any paid - up value yet.

During these days, you will continue to be insured and be entitled to receive the death benefits subject to deduction of due premiums.

In the absence of this rider, if the policyholder is disabled or faces income loss due to which premiums can not be paid, the policy will expire and no death benefit will be paid due to non-payment of due premiums.

The policy can acquire a Guaranteed Surrender Value after payment of all due premiums for the at least 2 full policy years, for premium payment term of 8 years.

In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payable.

There will be a grace period for payment of due premium of the policy.

Grace Period: A grace period of 15 days is allowedfor the payment of due premiums that the policyholder had failed to pay within the allotted period for premium payments.

Grace Period: A grace period of 30 days is allowed for the payment of due premiums.

The policyholder may revive a policy by the payment of the due premium (s) at any time within a period of 30 days from the date of receipt of the revival notice but before the maturity date of the policy subject to satisfactory medical and financial underwriting.

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.

But, the policy will continue for other benefits, including remaining amount of ACI benefit for the remaining CIs covered, subject to payment of all due premium.

Maturity Value: On payment of all due premiums, 90 % sum assured value will be provided as survival benefit & additional 110 % will be paid as maturity benefit.

This refers to those policies that have been terminated and are no longer in force due to non-payment of the due premium.

If a valid claim arises under the policy during the Grace Period, but before the payment of due premium, the claim will be honoured.

The Surrender value is the higher of guaranteed surrender value or special surrender value.Surrender value is payable on payment of all due premiums for at least 3 full policy years.

Surrender Value is acquired on payment of all due premiums for at least 2 full policy years.

In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payable.

Surrender value can be acquired on payment of all due premiums for at least 2 full annualized premiums, if the premium payment term is less than 10 years.

For policies with premium payment term of 5 years, the policy acquires surrender value after full payment of due premiums for two policy years and for policies with premium payment term of 10 years, the policy acquires surrender value after full payment of due premiums for three policy years.

For policies with premium payment term of less than 10 years, the policy acquires surrender value after full payment of due premiums for two policy years and for policies with premium payment term of 10 years, the policy acquires surrender value after full payment of due premiums for three policy years.

You can revive a policy by payment of the due premiums at any time within a period of 30 days from the date of receipt of the revival notice but before the maturity date of the policy.

Surrender Value can be acquired on payment of all due premium for at least three full policy years.

The AGA for a policy year is accrued to the policy, on payment of all due premiums.

Surrender Value can be acquired on payment of all due premiums for at least 2 full policy years.

The policy can acquire a Guaranteed Surrender Value (GSV) after payment of all due premiums for two full policy years.

The Guaranteed Surrender Value can be acquired after payment of all due premiums for the at least 3 full policy years, for premium payment term of 10 & 12 years.

For premium paying term of 10 years or more, payment of all due premiums for at least 3 consecutive years is required to get a guaranteed surrender value.