Sentences with phrase «of death benefits payable»

The benefit of this rider is that it will pay out an additional benefit on top of the death benefits payable to your beneficiary.

You can also borrow the funds or take a loan out against the cash accumulation portion, although this canreduce the amount of death benefits payable from the policy.

The graded death benefit feature limits the amount of death benefits payable in the early years to return of premiums with interest.

You can also borrow the funds or take a loan out against the cash accumulation portion, although this canreduce the amount of death benefits payable from the policy.

Where an ICBC insured at the date of death resulting from a motor vehicle accident comes within an age group set out in column A of the following Table and the insured has the status set out in column B, C or D, the amount of death benefit payable under section 92 is the amount set out below that status and opposite that age group.

Proceeds In life insurance or annuities, the net amount of death benefit payable by the company at the insured's death.

The amount of death benefit payable is determined by the terms of the policy or contract and any riders.

The rate of death benefit payable is as follows:

In such cases, a discounted value of the outstanding annual income is received by the nominee, subject to a minimum of the Death Benefit payable less annual income already paid.

The quantum of death benefit payable is also important to consider.

For a fixed - amount whole life insurance policy, the amount of the death benefit payable if the insured person dies while the policy is in force.

Not exact matches

Death benefits payable directly to beneficiaries, avoiding the delays and costs of probate court.

a. Death Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tDeath Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tDeath Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath, exclusive of applicable taxes.

It is also clarified that if the Accident occurs during the Policy Term and the death due to the said Accident happens after the expiry of the Policy Term (but within 120 days from the date of Accident), Death benefit will be paydeath due to the said Accident happens after the expiry of the Policy Term (but within 120 days from the date of Accident), Death benefit will be payDeath benefit will be payable.

No benefits are payable, if the death is due to the scenarios mentioned under Terms and Conditions - «Exclusions in case of death due to Accident» — refer Sales Literature.

During this period, 100 % of premiums paid till the date of death (excluding any taxes) will be payable as Death Bendeath (excluding any taxes) will be payable as Death BenDeath Benefit.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.

However, the death benefit payable shall never be lower than 105 % of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custDeath Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cuBenefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit option selected by the cubenefit option selected by the customer.

If death occurs after the «term» of coverage expires, no benefit is payable.

Under the terms of our annuity contracts currently being issued, if the annuity contract is owned by an individual other than the annuitant, no death benefit is payable in the event of the annuitant's death.

We'll pay a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.

Subject to the Policy being in force, as on the date of death, the death benefit payable under the product will be Higher of: 1.

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

In case of unfortunate event of death of the Life Insured during the Policy Term, the following benefits will be payable to the Claimant, subject to Policy being in force.

If the proposed insured or family can make / afford a single premium payment (single lifetime payment for the policy) they can have an immediate death benefit payable in month 7 of the policy!

The definition of life insurance death benefit is the amount of money payable to the beneficiary or beneficiaries listed on a life insurance policy upon the death of the insured, minus any policy loans.

4 Accidental Death Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily inDeath Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily indeath occurs prior to age 65 as a result of accidental bodily injury.

The minimum amount payable under death benefits or maturity guarantees provided for under the terms of the segregate fund contract.

In the event of death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on ddeath of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on dDeath Benefit payable shall be equal to the Sum Assured on deathdeath.

We'll pay a survivor benefit for three months beyond the date of the insured's death, if the insured dies while disability or recovery benefits are payable.

The death benefit payable at any point in time will not be less than 105 % of all premiums paid.

The twin benefits available on this rider are sum assured that is payable on the death of the policyholder and a monthly income for ten years.

Benefits that can be reduced under a critical status plan include certain post-retirement death benefits, subsidies that are payable in optional forms of benefit, early retirement subsidies, and benefit increases that were put into place less than 60 months before the plan first entered criticalBenefits that can be reduced under a critical status plan include certain post-retirement death benefits, subsidies that are payable in optional forms of benefit, early retirement subsidies, and benefit increases that were put into place less than 60 months before the plan first entered criticalbenefits, subsidies that are payable in optional forms of benefit, early retirement subsidies, and benefit increases that were put into place less than 60 months before the plan first entered critical status.

The death benefit coverage in force at December 31, 2011 (representing the amount payable if all of approximately 480,000 contractholders had submitted death claims as of that date) was approximately $ 5.4 billion.

The payment is only payable where the death benefit is being paid as a lump sum to an eligible dependant of the deceased member, who is either a:

Under the second variant, a death benefit consists of a Lump Sum benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your benefit consists of a Lump Sum benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your Benefit at the conclusion of the Term of your policy.

This provision pays a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.

The coverage amount payable to your beneficiary at the end of your life, called your death benefit, usually has a maximum limit of around $ 25,000.

If you borrow against an existing policy to pay premiums on a new policy, death benefits payable under your existing policy will be reduced by the amount of any unpaid loan, including unpaid interest.

The proceeds or benefit that is payable to the beneficiary of a life insurance contract upon the death of the insured.

The benefit is payable to a designated beneficiary in the event of death by a lump sum of 4 x annual basic salary.

In its decision, the court ruled in favour of a disabled daughter receiving a split of her deceased father's pre-retirement death benefit (which would have otherwise been payable... Continued

The amount of a survivor's death benefit payable under section 93 (2)(b) in respect of an accident occurring on or after January 1, 1987 is $ 35 a week.

The amount of an additional death benefit payable under section 93 (2)(a) in respect of an accident occurring on or after January 1, 1987 is $ 145 a week.

(2) Notwithstanding anything in this Act, but subject to subsections (2.1) and (2.2), an application for a benefit, other than a death benefit, that would have been payable in respect of a month to a deceased person who, prior to the person's death, would have been entitled on approval of an application to payment of that benefit under this Act may be approved in respect of that month only if it is made within 12 months after the death of that person by the estate, the representative or heir of that person or by any person that may be prescribed by regulation.

If death during the first two years of coverage is due to non-accidental causes (other than suicide), the benefit payable will be equal to all premiums paid plus 10 % interest compounded annually.

Eclipse Survivor Indexed UL — This type of policy gives coverage to 2 people and the death benefits become payable when the second one of the parties dies.

Terminal illness benefit is a one - time acceleration of up to 50 percent of the death benefit proceeds payable under the base policy, not to exceed $ 250,000.

If you're not completely sure what term insurance means, then to put it simply, it is a life insurance which solely covers death benefits and which is only payable if you die during the life of the policy.