Sentences with phrase «of death of policy holder happens»

The Beneficiary can claim the insurer when the event of death of policy holder happens only in the insured period.

Not exact matches

Moreover, the insurance company can always question if the death of policy holder happens within 3 years of purchase of the policy.

RaviReplied: 02-02-2016 20:46:16 Refund of single premium will be done in case where policy holder is less than 8 year old and death happens before completion of 8 years of age.

Suppose if, unfortunate death of policy holder happens in year 2027 (at age 40), then by that time total premium paid will be Rs. 6,52,620 and nominee will get death claim as Rs. 19,20,000 in case of normal death or Rs. 31,20,000 as accidental death claim in case of death due to accident and policy will stop.

Suppose if, unfortunate death of policy holder happens in year 2031 (at age 44), then Rs. 17,50,000 will be death claim amount in case of New Endowment Plan (814) and Rs. 22,06,250 death claim in case of New Jeevan Anand (815) plan.

Insurance21 Replied: 31-05-2017 00:13:31 As per your example, if death happens between 11th to 16th policy year, then policy holder's nominee will get sum assured + accumulated bonus up to year of death.

Insurance21 Replied: 30-03-2018 12:25:36 If the policy has been taken with premium waiver rider and proposer's death happens during premium paying term (for example 1 or 2 year after taking policy), then further premium will be waived off and all benefits will be paid to child (policy holder) at the time of money back and maturity.