Sentences with phrase «of surrender of the policy»

In case of surrender of the policy, the policy requires surrender value post 1 year completion.

The beneficiary will get the loyalty addition at the time of surrender of the policy or in case of insured's death.

This bonus will not be obtained in case of any surrender of the policy.

The beneficiary under this plan gets the loyalty addition at the time of surrender of the policy or in case of insured's death.

Surrender of policy before maturity in case of ULIPs and Traditional plans The tax implication on the amount received in case of surrender of policy depends on the number of premium paid.

In the event of surrender of the policy, the Surrender Value calculated on the accrued bonuses will be payable.

The deduction claimed earlier will become chargeable to tax in the year of surrender of the policy.

Payouts in a ULIP are possible either a) at the time of maturity, b) at the time of surrender of policy, c) at the time of death of the Life Assured.

In case of surrender of policies, service tax is charged at 12.36 %.

The value accrued at the time of surrender of the policy is calledcash surrender value of the policy.