Sentences with phrase «of policy year»

A terminal reserve is the leftover reserve of a life insurance company at the end of the policy year.

The Insurance Company in this case is the insurer of the amount invested and the maturity amount at the end of the Policy year.

Annual Payout — A fixed amount equal to 5 times the Monthly Payout is payable at the end of every policy year during the payout period and will not be payable during the last policy year (at maturity).

At the end of every policy year, guaranteed additions of up to 10 % p.a. and payable at the time of death or at maturity

Guaranteed Additions are added to the policy at the end of each policy year for the first five policy years.

AGA's accrue at the end of each policy year on the condition that all premiums have been paid.

It is paid at the end of every policy year excluding the last year of the policy term.

GLA, as % of GMB, will be attached to the policy at the end of each policy year starting from the end of 10th policy year.

It is credited to the policy at the end of every Policy year starting from the sixth year to the tenth year.

The Guaranteed Additions that accrue at the end of every policy year in your policy depends on the policy term chosen by you and are as follows

Any declared dividends are credited to policies based on their share of any surplus apportioned by Navy Mutual at the end of each policy year.

All you need to do is choose a policy term as per your convenience and get 10 % annualized premium at the beginning of each policy year till the premium paying term.

0.20 % of Fund Value shall be added to the Fund by the creation of additional Units, at the end of every Policy Year starting from 11th Policy Year.

Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy

GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.

The premium will depend on the attained age at start of policy year, gender, the amount of insured death benefit, occupation class and health of the member.

However, starting day one of policy year three, the full amount of the policy's death benefit will be paid to the beneficiary should the insured pass away for any reason.

The change of bike insurance online policy can be done both in the middle of the policy year and at the time of your usual bike insurance online renewal.

Additionally, your deductible will stay at its current level even if you get into an accident for the rest of the policy year.

Porting of mediclaim insurance can be done only at the time of health insurance renewal and not in the middle of a policy year

While that helps the community to ensure that everyone has coverage, it also means that you won't have to give them a copy of the policy every year because they'll get the renewal documents automatically.

For example, if you own your home for the first three months of the policy year and then sell it, the insurance company will refund nine of twelve, or three - quarters of the premium.

Renewal: At the end of your policy year your policy will renew automatically.

You'll also earn interest on the cash value of your policy every year.

As a survival benefit, 20 % of the Base Sum Assured is payable at the end of each policy year, for three policy years prior to policy maturity.

Under this proposal, plans will continue to be able to use the rebate to reduce the subscribers» portion of premium for the subsequent policy year (including by spreading it over the 12 months of the policy year) as long as the subsequent policy year commences within 3 months of receipt of the rebate by the group policyholder.

The policy also allows the policyholder to redirect the future premiums towards different funds twice a year at any time of the policy year.

The insurance company can change the conditions of your policy every year, if they choose.

With traditional whole life policies, you generally forfeit the annual dividend if you surrender the policy before the end of the policy year.

Any money left over at the end of the policy year will be donated to the cause.

Where the mode of premium payment is monthly, the outstanding premium instalments for the remainder of the policy year of death are deducted from the Death Benefit.

After driving a car for many years, it may be more cost effective to lower the comprehensive and collision amounts on the vehicle if the payout in case of an accident will be less than the total amount you pay in premiums over the course of a policy year.

It is not just a question of whether they will continue in business until the end of the policy year on 30 September.

This means that if your pet gets sick or has an accident and your out - of - pocket expenses meet your deductible then you won't have to start over and pay another deductible for any future covered claims for the remainder of that policy year.

This amount would reset to $ 10,000 when you renew your policy at the end of the policy year.

Term life insurance that gives you the right to continue coverage for another year at the end of each policy year.

At the beginning the sixth year, a premium booster is added to the fund at the end of each policy year.

This provides the opportunity to offset inflation by increasing the face amount of the policy each year — at the same premium rate.

subject to Policy being in - force, a percentage of Fund Value is added at the end of every Policy year from 6th Policy Year to end of Policy Term.

While that helps the community to ensure that everyone has coverage, it also means that you won't have to give them a copy of the policy every year because they'll get the renewal documents automatically.

Term life insurance that gives you the right to continue the coverage for another year at the end of each policy year.

These are 3 % of Base Sum Assured and will accrue at the end of policy years.

The plan offers assured benefit and built a corpus which is provided as accumulated bonus at the end of every policy years.

They sell a lot of policies every year.

A term conversion may be available before a certain policy year, during a certain range of policy years, or after a given policy year.

Not exact matches

The Arctic policy is a consolidation of the world's second - largest economy's activities in the Arctic for the past five to 10 years, according to Zhang Zhixing, a senior East Asia analyst for geopolitical intelligence firm Stratfor.

On what he wants to see happen next: «I would advise [Obama] personally call for a special committee to review these interception programs, repudiate the dangerous «State Secrets» privilege, and, upon preparing to leave office, begin a tradition for all Presidents forthwith to demonstrate their respect for the law by appointing a special investigator to review the policies of their years in office for any wrongdoing.

Accenture has also worked on ways to get more women into senior leadership positions (they've changed the interview process so that candidates of both genders get to know more members in the executive ranks) and to retain them (implementing a one - year no - travel policy for employees who are new mothers and fathers).

Domestically, the Bank of Canada's April 2016 Monetary Policy Report projected real GDP growth of 1.7 % in 2016, rising to 2.3 % the following year.

The implementation of the new policy was delayed for a year.