Sentences with phrase «of money back»

It is generally paid to acknowledge the consistent payment of the premium by the insured over the term of the money back policy.

These include the sum assured of the money back policy and the bonus accrued on the policy since it was taken by the insured.

You can get most of your money back and even something on top of that.

There is no fixed premium Payment frequency of money back plan.

The fourth instalment of the survival benefit will accrue at the 20th year of the money back plan when the insured shall also receive the maturity amount and the revisionary bonus.

Waiver of Premium: The waiver of premium rider guards against loss of the insurance cover of the money back plan if the insured is unable to pay the premium for any reason.

The riders available of money back policy are as follows: • Critical Illness rider: This rider offers a guaranteed sum if the Insured is diagnosed with some critical illness including major organ failure, coronary diseases, different types of cancer etc. • Accident rider: In case the policy holder's unexpected death due to accident the nominee receives a sum assured • Disability benefit rider: This type is rider helps in case the policy holder is left paralyzed due to some major accident in his life.

The maturity benefit of the money back plan may be slightly less than what an endowment plan offers.

BSLI Vision MoneyBack Plus Plan — This plan gives you the advantage of money back policy.

The main purpose of this money back plan is to provide maximum benefits in the form of savings, income and insurance cover to you and your family.

Terminal Bonus: This bonus is also known as persistency bonus, and is paid at the end of the term of the money back plan or as a death benefit.

This rider is helpful as it helps the insured to get the sum assured without having to keep paying the premium or having to wait for the whole term of the money back plan to get the insurance amount.

Both these types of bonuses help to increase the overall payout received by the policyholder of the money back plan.

To meet the financial requirements of the customers, the plan offers liquidity in the form of money back in regular intervals of time.

Many people don't like the fact that, with term life insurance, you pay premiums each month and don't see any of that money back at the end of the term.

These policies are generally more expensive than regular term insurance, but you get all of your money back, so it does not cost you anything.

Most of the Money back policy provides benefit in a 2 stage process.

Regular Returns: One of the unsurpassed features of money back policy is that the returns start to accrue just after few years of investment.

There are even term policies that give you all of your money back if you live past the term, which means that it cost you $ 0 for a term policy.

Offers guaranteed benefits of money back every 3 years, beginning from the end of the 3rd policy year

Today, there are number of money back plans available in India.

Hi Sreekanth, The tenure of Money Back policy is 25 yrs, Bima Kiran is 30 yrs and Jeevan Suraksha is 35 yrs.

The main advantage of money back policy is you get returns on regular intervals.

Money back policies are quite similar to endowment insurance plans where the survival benefits are payable only at the end of the term period, plus the added benefit of money back policies is that they provide for periodic payments of partial survival benefits during the term of the policy so long as the policy holder is alive.

But if you live beyond the term, you get all of your money back dollar for dollar.

The partial payment plan would be similar, in that it is divided by year, but instead of your money back with a stated interest amount, you'll receive a percentage of the actual death benefit.

Since she purchased an insurance policy with trip - cancellation coverage before the storm was named and her hotel is now uninhabitable, she can cancel the trip and get all of her money back.

With the return of premium rider, you pay higher premiums for the opportunity to get all of your money back if you live past the term on your life insurance policy.

«Cancel for any reason» coverage is the only coverage that allows a traveler to cancel for any reason at all and get 50 - 100 % of their money back.

At the end of this time, you get a huge lump sum amount of money back which will include the interest earned.

«Cancel for any reason» coverage will protect your trip investment, so if you become pregnant and decide to forgo your trip, you can get some or all of your money back.

Can you ever get some of that money back?

The policyholder may avail of the money back benefits monthly which will be paid @ 8.5 % of the annual payout amount every month for 12 months under this HDFC child plan

It's technically money you've already paid and not «new» money, but it can be a nice boon in retirement to get a large sum of money back (like an extreme version of finding five dollars in a jacket pocket).

If you are planning to get pregnant and are worried that you might not be able to travel because of a pregnancy, then consider «cancel for any reason» coverage which will allow you to cancel your trip and get up to 100 % of your money back if you, in essence, change your mind about the trip and decide not to go.

On maturity, the last installment of the money back, i.e. 20 % of the Sum Assured and the vested bonuses are paid

There are various types of money back policies offered by many insurance companies in the Indian market.

In the event a cruise - goer needs to cancel their trip, the waiver ensures they get a higher percentage or all of their money back (with some stipulations, of course).

Some companies offer «return of premium» mortgage protection policies, which allow you to get all or part of your money back at the end of a specified term.

You can access your ANNUITYLife cash value by cash surrendering your policy and receive all of your money back — both premium paid and interest earned — at any time.

In exchange, you get all of your money back.

The free look period means that once you own a life insurance policy (meaning — you have applied for, been accepted and paid your first premium), you have a certain number of days from the beginning of the policy to cancel your policy and get all of your money back.

Surrender value of Money Back Plan and Metlife Dhan Samriddhi is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.

Comparison of the plans can be based on details of Money Back Plus and ND like eligibility criteria, policy term, returns etc. for these two plans.

LIC New Money Back Plan 20 Years is one of the Money Back Insurance Plans provided by Life Insurance Corporation of India.

Eligibility and vesting age are main aspects of Money Back Plus and Exide Life Secured Income RP details.

Eligibility and vesting age are main aspects of Money Back Plus and ND details.

Bonus is an important part of Money Back Plan and Metlife Dhan Samriddhi benefits.

You may win costs which means you will get some of your money back.

Since security deposits often amount to more than a month's rent, you'll want to make sure to treat the property well so that you get this significant amount of money back when you terminate your tenancy.