Sentences with phrase «of the insured during»

Term Insurance: This type of policy guarantees the sum assured in case of death of the insured during the term of the policy.

They typically only respond to claims which first come to the attention of the insured during the current 12 month policy period and are reported to the insurer while the policy, or an extended reporting period they're under, is in effect.

In case of death of the insured during the tenure of the plan, the basic Sum Assured chosen at the time of buying the plan is paid subject to a minimum of 105 % of all premiums paid till the date of death.

Under another benefit called the Funding of Future Premiums, in case of death of the insured during the tenure of the plan, the company waives off the premiums and pays it towards the plan itself.

In case of death of the insured during the term of the plan, the Sum Assured is paid subject to a minimum of 105 % of the total premiums paid till death

In case of death of the insured during the plan tenure, higher of the Sum Assured including top - up Sum Assured or 105 % of all premiums paid including top - up premiums paid is paid immediately on death of the insured.

Under the LIC child plan, in case of death of the insured during the deferment period, i.e. when the risk has not begun, only the paid premiums are returned

In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of 10 times the annual premium or 105 % of all premiums paid till death or the Maturity Sum Assured.

The policyholder may additionally choose the disability benefit option under which, in case of death or disability of the insured during the tenure of the plan, the aggregate of all future premiums is paid which can be availed immediately in lump sum or can be invested in the fund where it will attract market linked returns.

In case of death of the insured during the term of the plan, the guaranteed payouts of 150 % of the premium will be paid as and when they fall due while the future premiums are waived off.

Under the second option, Option B, in case of death of the insured during the tenure of the plan, 30 % - 80 % of the Sum Assured can be availed by the policyholder as per his choice and 110 % of the balance amount is paid over a period of 5 years in monthly instalments.

On death of the insured during the term of the plan, higher of the Sum Assured or 10 times the annual premium is paid along with vested reversionary bonuses and terminal bonus, if any subject to a minimum of 105 % of all premiums paid till death

In case of death of the insured during the tenure of the plan, the Death Benefit is paid which is higher of the Sum Assured or 10 times the annual premium paid or 105 % of total premiums paid till the date of death or the maturity Sum Assured

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Sum Assured or 10/7 times the annual premium paid depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured net of partial withdrawals or the Fund Value including loyalty additions or 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, a death benefit which is higher of the minimum Sum Assured or 10 or 7 times the annual premium paid depending on the age of the policyholder is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit payable is higher of the basic Sum Assured or the Fund Value subject to a minimum of 105 % of all premiums paid till the date of death

In case of death of the insured during the plan tenure, the death benefit is higher of the basic Sum Assured including top - up Sum Assured net of partial withdrawals or the Fund Value including top - up fund value or 105 % of all premiums paid till the date of death

In case of death of the insured during the tenure of the plan, higher of the available Sum Assured as on the date of death or 10 times the annual premium or 105 % of all premiums paid till death is payable to the nominee

In case of death of the insured during the tenure of the plan, higher of the Guaranteed Sum Assured on death or 10 or 7 times the annual premium depending on the age of the insured is paid along with the vested bonuses subject to a minimum of 105 % of all premiums paid till the date of death.

In case of death of the insured during the tenure of the plan, higher of the chosen Sum Assured or 10 times the annual premium is paid to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

Under Option B, in case of death of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nominee.

In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.

In case of death of the insured during the tenure of the plan, all future premiums are waived off and the plan continues.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured or 105 % of all premiums paid till the date of death is paid immediately to the nominee.

Under Option A, in case of death of the insured during the tenure of the plan, the Sum Assured is paid to the nominee

A unit linked child insurance plan which provides market related returns while at the same time taking care of the child's future.Guaranteed Loyalty Additions are added to the fund @ 3 % of the average fund value in the preceding three years.The fund value is paid on maturity of the plan and in case of death of the insured during the tenure of the plan; the Sum Assured is paid immediately.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable which should be a minimum of 125 % or 110 % of the single premium paid depending on the age of the policyholder.

In case of death of the insured during the tenure of the plan, the Sum Assured is payable to the nominee subject to a minimum of 105 % of all premiums paid till the date of death.

Traditionally, liability insurance was written on an occurrence basis, meaning that the insurer agreed to defend and indemnify against any loss which allegedly «occurred» as a result of an act or omission of the insured during the policy period.

Like the ICICI plan the premium for this plan is slightly higher than the usual market rate, however in case of untimely death of the insured during the coverage period, the sum assured will be paid out in full to the beneficiary.

The nominees of the policy can claim death benefits from the insurer in the event of death of the insured during the tenure of the policy.

After a life insurance premium is missed, a policy will move into grace period status, where while technically delinquent, the insurance company is still responsible for paying a death benefit if a valid claim is filed for a death of the insured during this time.

The nominee receives the sum assured in the case of an untimely demise of an insured during the policy term.

In the event of death of the Insured during settlement period the fund value as on the date of intimation of death at the office will be paid to the nominee.

SBI will pay the Sum Assured to the nominee in the event of the untimely demise of the insured during the policy term.

SBI will pay the Sum Assured to the nominee in the event of the death of the insured during the policy period.

Definition: Life insurance that pays a benefit in the event of the death of the insured during a specified term.

In case of death of the insured during the policy period, higher of the base sum assured or 105 % of the total premiums paid plus guaranteed additions on the amount of the premiums are offered to the nominee

By definition, term life insurance is: life insurance that pays a benefit in the event of the death of the insured during a specified term.

The entire sum assured is paid to the nominee on the death of the insured during the policy period

This type of insurance plans serves the purpose of indemnity of the insured during the term of the policy and offers returns at the end of the policy term, but here returns depends upon the market value of the funds in which money had been invested.

In case of death of the insured during the policy period, death benefit is paid to the nominee which is highest of — 10 times of annualized premium (7 times for ages more than 45) or 105 % of all the premiums paid till the death of the insured, sum assured

Death Benefit: In case of death of the insured during the policy period, TATA AIA iRaksha Supreme Term insurance plan will pay your nominee death benefit which is higher of:

The sum assured is given to the nominee in case of an untimely demise of an insured during the policy term.

In case of death of insured during the policy term the insurer settles the claim by paying Sum assured along with bonus.

On death of the insured during the tenure of the plan, higher of the basic Sum Assured including any top - up Sum Assured net of partial withdrawals or 105 % of all premiums paid till the date of death and the Fund Value including any top - up fund value is paid to the nominee.

On death of the insured during the Premium Paying Term, higher of 10 times the annual premium or the chosen Sum Assured is paid.

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee