Sentences with phrase «of policy inception»
If the insured takes his own life within 12 months of the policy inception date, the beneficiary of the policy receives the 80 % of the premium paid.
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This needs to be selected at the time of policy inception.
Only 80 % of the premiums paid or acquired surrender value is returned to the beneficiary in case the policyholder commits suicide within the first year of the policy inception.
Guarantee is applicable only when - From date of policy inception o the date of death of insured, the policy should have completed 2 years.
In case of suicide committed within 12 months of policy inception only premiums paid are returned to the nominee.
In case of suicide committed within 12 months of policy inception l only 80 % of premiums paid are returned to the nominee.
It also provides no - claim benefits and covers pre-existing diseases after one year of no claims from the date of policy inception with the company.
The nomination made at the time of policy inception can be changed later using endorsement and by giving the notice of such modification to the office of the insurer.
In case of suicide committed within 12 months of policy inception only 80 % of premiums paid are returned to the nominee.
Suicide: In case of suicide within first 1 year of policy inception, 80 % of total premiums paid will be paid.
No ailments are covered during the first 30 days of the policy inception.
In case of suicide committed within 12 months of policy inception only 80 % of premiums paid are returned to the nominee if the Life Assured was aged more than 8 years.
The interest is paid only if the policy has completed its 2 years from the date of policy inception to the date of death of the insured.
Premium redirection facility is allowed from the second policy year to redirect future premiums into a different fund than that chosen at the time of policy inception under this SBI child plan
If the life insured dies during the chosen tenure of this LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
Suicide: If the insured commits suicide within first year of the policy inception, then his nominees are paid 80 % of the premiums paid till the date of death and the term insurance cover remains void.
Premium redirection facility from second year such that future premiums go into a different fund than that chosen at time of policy inception
In case of suicide committed within 12 months of policy inception only the total premiums paid is returned to the nominee and in case of 12 months of policy revival, the acquired Surrender Value is paid to the nominee
Free Look Period: If the insured is not satisfied with his insurance plan, then he is free to cancel it within 15 days of policy inception, given that no claims have been made so far.
The following list of medical conditions are not covered by the Bharti AXA Health Insurance plans for the first two years from the date of policy inception: -
In case of suicide committed within 12 months of policy inception only 90 % of the single premium paid are returned to the nominee.
Two Policy Term & Premium payment term options: The product offers you the choice of two Policy Terms of 20 years and 25 years with premium payment terms of 10 years and 15 years respectively at inception of your policy
When it comes to suicide committed within 12 months of policy inception, only 80 % of premiums paid are returned to the nominee.
Star health insurance company also provides coverage for pre-existing diseases after a waiting period of 11 months of policy inception.
In case of suicide committed within 12 months of policy inception or revival only 80 % of premiums paid are returned to the nominee.
In case of suicide committed within 12 months of policy inception or policy revival only 80 % of premiums paid are returned to the nominee and no Death Benefit will be paid under the LIC term plan.
If the life insured dies during the term of this LIC online term plan chosen by him at the starting of the plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
In case of death of the life insured during the chosen tenure of the LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
In case of suicide committed within 12 months of policy inception or policy revival only 80 % of premiums paid are returned to the nominee and no Death Benefit will be paid under this LIC term plan.
In case of suicide committed within 12 months of policy inception or policy revival only 80 % of premiums paid are returned to the nominee and no Death Benefit will be paid under this HDFC life term plan.
If suicide is committed with 12 months of policy inception or revival, the Fund Value as on that date is payable
For a single pay plan, 90 % of the premium paid is refunded, in case the insured commits suicide within 12 months of the policy inception.
If the insured commits suicide within 12 months of policy inception, the company only pays 80 % of the premium paid to the nominee
If the policyholder commits suicide within 12 months of policy inception, then only 80 % of the premium paid is repaid to the beneficiary.
If the insured commits suicide within 12 months of policy inception or revival, the company refunds higher of the premiums paid or the acquired Surrender value
If the policyholder commits suicide within the first 12 months of the policy inception or even renewal, then the Fund Value as on the date is payable to the policy beneficiaries.
For suicides within 12 months of policy inception, total premiums paid is returned to the nominee and if suicide is committed within 12 months of policy reinstatement, higher of total premiums paid or the acquired Surrender value is paid to the nominee
The benefit paid in case of suicide within 12 months of policy inception is the fund value as on that date
The benefit paid in case of suicide within 12 months of policy inception or revival is the fund value as on that date.
In case of suicide committed within 12 months of policy inception, only the Fund Value as on that date is payable
In case of suicide within 12 months of policy inception or revival only 80 % of the premiums paid is refunded
The benefit paid in case of suicide within 12 months of policy inception or revival is the fund value including Top - up Fund Value as on that date.
In case the policyholder comits suicide within 12 months of the policy inception, 80 % of the premiums paid till date shall be returned to the nominee.
The benefit paid in case of suicide within 12 months of the policy inception is the fund value as on that date.
ULIPS are flexible and dynamic in nature In case of ULIPS you can choose the sum assured at the time of policy inception.
Suicide: In case of suicide within 12 months of policy inception or renewal of the plan the fund value as on the date of death is paid to the beneficiaries.
* The word «Guaranteed» and «Guarantee» means that annuity payout is fixed at inception of the policy