Sentences with phrase «of policy premium»

The Centre pays 75 paise of every rupee of policy premium for the Rashtriya Swasthya Bima Yojana and the states pay the rest.

Whether you are living in an apartment or you rent a townhouse, the protection you gain from a Washington, DC renters insurance plan is worth much more than the cost of the policy premium.

Chief among them is probably the prospect of having to pay a sales commission as part of your policy premium.

Please refund the unused portion of my policy premium, and cease charging my bank account for payment of monthly premiums.

For example, non-payment or late payment of your policy premium can get you canceled.

If you have never been through these sorts of circumstances, take it from those who have: the risk of loss more than justifies the low cost of a policy premium.

Each factor will have a direct relationship to the final amount of the policy premium.

Fee paid to an agent or insurance salesperson as a percentage of the policy premium.

Unearned Premium: That portion of the policy premium that represents the unexpired policy term

First one at the end of policy premium paying term and 2nd one after completing 100 years.

75 paise of every rupee of policy premium for RSBY is paid by the Centre and rest is paid by the states.

Premium: 10 % of the policy premium.

In case of monthly payment mode, the grace period is 15 days from the due date of the policy premium payment date.

You can return the policy to the company for cancellation and get refund of the policy premium.

Rather than purchasing equities outright, the insurance company typically enters into options contracts using some portion of the policy premium, which enables them to pass on the upside gains without the downside losses — but at the cost of an additional counterparty risk.

If the cancellation request is made after your effective date, the unused portion of the policy premium may be refunded, minus a cancellation fee, provided that no claims have been filed.

If you become disabled and your policy has a waiver of premium rider, all or part of the policy premium will be paid by the insurance company.

This is the portion of your policy premium that will determine how large your death benefit will be, as well as what the actual cash value of the policy is.

So total premium is the sum of policy premium and rider premium.

They may also decide how much of their policy premium will go into the cash value and how much will go towards funding the death benefit insurance protection.

Non-payment of the policy premium may result in cancellation of your policy.

Guaranteed Term Life Insurance — For this type of policy the premium you will be paying is guaranteed to remain unchanged for the length of the term you purchase.

It might seem odd that an insurer would use your credit score for determining the price of the policy premium.

Throughout the life of the policy the premium is guaranteed to remain exactly the same.

A: How much you'll pay depends upon several factors: how much of a down payment you'll make, the kind of loan you select, term and the type of policy premium structure available.

Under the agreement Suncorp retains 70 per cent of policy premiums, coverage limits and losses and reinsures the remainder.

Riders aren't typically worth the extra cost on top of the policy premiums, but they do allow you to customize your policy if you have special circumstances that you think you'll need additional protection for.

Dear Meera, I believe that if you have paid less than 50 % of all policy premiums, it is better to Surrender and re-invest in other better fin products to get decent returns.

In a typical split - dollar agreement, the employer pays all or most of the policy premiums in exchange for an interest in the policy cash value and death benefit.

This will presumably help consumers, but hurt agents, whose compensation is typically a percentage of policy premiums.

Beware of your policy premiums.

Disability Rider — Provides coverage of policy premiums in the event you are totally disabled and unable to pay premiums.

Fraud has driven up the cost of PIP coverage so that it may account for 20 percent of your policy premiums, costing up to $ 2,000 in some parts of south Florida.

Waiver of Premium rider offers the waiver of all policy premiums in case the life insured is diagnosed permanent disability or critical illness.

This is a level term product which means that throughout the length of the policy your premiums will not increase nor decrease and is guaranteed to stay locked in.

However, remember that such a conversion can lead to cost increase in terms of your policy premiums.

Payment Options — Consider setting up automatic payment of your policy premiums from your savings or checking account so you do not miss paying your premiums on time.

While the payer of the policy premiums does not necessarily have to be the owner, the value becomes the owner's to control.

However, as you age, the costs of your policy premiums will go on increasing, if you extend the tenure.

Don't forget: With universal life plans, the cash value is often being used to pay all or some of the policy premiums.

Renters insurance companies assume this risk and the corollary likelihood of paying out for a claim in exchange for the monetary fees paid out in the form of policy premiums.

Their biggest worry is group health insurance, where claims are as high as 200 per cent of the policy premiums paid.

If you are unsure whether the price of your policy premiums will increase you can check the «cost index» page of your policy and you should be able to see if the price increases over time.

Not exact matches

For all of the segments, renewal rate change represents the estimated change in average premium on policies that renew, excluding exposure changes.

In Personal Insurance, net written premiums grew 8 %, benefiting from renewal premium change of 10 % in agency auto and continued momentum in our leading homeowners business where we grew policies in force by 5 %.

Anyone holding a leverage life insurance annuity, or a 10/8 arrangements (another leverage insurance product) will now be subject to accrual - based taxation and no deduction will be allowed for any portion of the insurance premium paid on the policy.

Enrollees in the state exchanges had a choice of three policies ranging from basic to rich levels of coverage, all of which had premiums dependant on costs in different geographies.

It must (1) understand all exposures that might cause a policy to incur losses; (2) conservatively assess the likelihood of any exposure actually causing a loss and the probable cost if it does; (3) set a premium that, on average, will deliver a profit after both prospective loss costs and operating expenses are covered; and (4) be willing to walk away if the appropriate premium can't be obtained.

Premiums for cyber policies brought in a total of $ 1.35 billion last year and total premiums could surpass $ 10 billion by 2020, says Stroz Friedberg, a risk management Premiums for cyber policies brought in a total of $ 1.35 billion last year and total premiums could surpass $ 10 billion by 2020, says Stroz Friedberg, a risk management premiums could surpass $ 10 billion by 2020, says Stroz Friedberg, a risk management company.

The cyber insurance policy is the hottest insurance product in the market, but it is untested for wide - range, catastrophic cyber events, and many risk managers and security experts warn the days of low premiums and cover - everything policies are numbered.