Sentences with phrase «of nominal premium»

In consideration of nominal premium amount, it provides a death benefit in the form of guaranteed Sum Assured to the dependants upon the demise of the policyholder during the policy tenure.

Just to remind you one thing that the concept of term plan has come to provide you only death benefit with a huge lump sum amount at the cost of a nominal premium every year.

With the payment of nominal premium (that is deducted from the approved loan amount) the borrower can avail of a credit shield equal to the outstanding loan amount.

It is possible because the insurance company creates a big pool of funds via a collection of nominal premiums from individuals who face a similar risk.

Not exact matches

In addition, they observe that investors may have had a benign outlook for inflation and may not have demanded much, if any, of an inflation risk premium to hold nominal securities.

At least part of this, however, reflects the winding back of inflation, with a corresponding reduction in the inflation premium built into nominal interest rates, which in earlier years was being consumed — ie retirees were effectively running down their real capital, often without realising it.

Even if part of this decline was driven by a heightened liquidity premium the implication is the same: it indicates an increased demand for highly liquid and safe assets which, in turn, implies less aggregate nominal spending.

And, despite turning out 30 additional horsepower and a 45 percent higher EPA city fuel economy rating as compared to the conventionally - powered MDX SH - AWD, the MDX Sport Hybrid carries a nominal premium of only $ 1,500 over the conventional MDX SH - AWD ®.

But with that being said I do see ur point of being farsighted and the advantages of lower premiums when starting early.Thank you for pointing out the aspect of the accident cover my term cover also has a rider (clause) with a nominal additional premium for disability and death benefits due to accident.

As always, one last point to remember is that one of the advantages of TIPS over nominal bonds is that you can take maturity risk with TIPS and earn the term premium without taking inflation risk.

The additional amount added to the premium is nominal if you'll try to compare it with the amount of uncovered damage caused by underemployed or unemployed drivers which may cause serious accidents which in turn cause heavy damages on property and multiple injuries to the people involved.

Riders are optional clauses in insurance policies which offer additional financial security by payment of a nominal extra amount over and above the premium to cover disability, death etc..

This is where GAP insurance comes in — for a nominal premium, you are guaranteed that you can finance another vehicle as soon as possible, because the GAP insurance will help cover you repay the full amount owed to the dealer or lienholder of your leased vehicle.

While many people have taken out life insurance policies, a standalone personal accident policy is highly recommended as it will cover the insured person at a nominal premium rate, especially when compared to life insurance policy and also provides the advantage of covering minor injuries and the loss of income.

Farmers will have to pay a nominal amount of the insurance premium which will fortify them in the event that they should suffer any losses during any stage of farming activity — from the sowing of crops to the post-harvest season.

Attractive add - ons are available on payment of nominal additional premium.

Since term plans are the least expensive ways of ensuring your family with a high life cover at a nominal cost, it's prudent to include its premium as an essential expense for the family's well - being.

HDFC ERGO understands the rising cost of medical treatments and to meet the growing costs there's a requisite for higher coverage by paying a nominal premium.

What is the best company for her to look at, for the purpose of a nominal permanent policy premium, the minimum term cost, and to maximize the cash value growth early?

Although some policies may generate nominal amounts of cash value, their primary benefit is the guaranteed nature of the premium and face amount, also known as the death benefit.

You pay a nominal premium every year for a certain period of time to buy a life insurance cover, and in case of your unfortunate death during this time, your family is paid the amount promised to you by your insurer.

At a nominal premium, the plan will feature an annual coverage of 5 lakh and will cover all the specified family members.

According to industry watchers and insurers, the impact of this rise in premium will be nominal for car owners.

Under this plan, you can enhance the protection by opting for riders for a very nominal amount of extra premium.

In case of complete cancellation of the trip, your travel insurance company is liable to reimburse the premium amount paid by you, but can deduct some nominal charges.

E.g for a 1 crore life insurance you may have to pay a nominal yearly premium of Rs 10,000 — Rs 15,000 max.

Opt for riders at an extra nominal cost for enhanced coverage and facility of waiver of future premiums in the occurrence of any untoward incident

That way by paying a nominal premium, life cover till 55 years can be availed, after which policy can be renewed till cover ceasing age of 70 years that is for a term of another 15 years.

For a very nominal annual premium, you can protect yourself, your family and your belongings against the risk of the unknown.

For Regular / Limited Premium: Fund Value less (125 % of Annualized premium amount + cumulative nominal Top Up amount received in the last 60 calendar months).

Waiver of Premium — This rider comes with a nominal fees policy which states that if the life assured becomes permanently disabled, then the insured does not have to pay any future premiums.

For a nominal annual premium, you can protect yourself and your personal belongings from a wide range of possible circumstances.

For a nominal monthly premium, you and your family can be protected from a wide range of named events.

You may take add on coverage known as Riders which offer Accidental death benefit, waiver of premium benefit, Disability benefit, critical illness coverage benefit, etc. at a nominal cost to enhance protection

But with that being said I do see ur point of being farsighted and the advantages of lower premiums when starting early.Thank you for pointing out the aspect of the accident cover my term cover also has a rider (clause) with a nominal additional premium for disability and death benefits due to accident.

The cost of annual premiums are nominal, generally ranging from a few hundred dollars a year to a couple of thousand, depending on the coverage needs of the particular business.

A Florida title insurance owner's policy and a Florida title insurance lender policy are generally issued simultaneously, with the policy of lesser value having only a nominal premium rate.