Sentences with phrase «of the insured person»

Some of the policy also offers accidental death benefit rider in case of accidental death of the insured person on top of the death benefit.

(1) The insurer shall pay a funeral benefit in respect of an insured person who dies as a result of an accident.

In the event of the demise of the insured person in hospital whilst under treatment, a fixed amount is paid towards children's education fund.

In many cases, third - parties file claims on behalf of the insured person, but usually only the person (s) listed on the policy is entitled to claim payments.

This policy takes care of hospitalization expenses of insured person as well as his / her family.

Unlike term life insurance, which must be renewed from time to time, permanent life insurance lasts for the entire life of the insured person.

The entry age is the age of the insured person at the beginning of the insurance policy.

In case of the insured person needs to be moved from one location to another to provide some specific kind of treatment, the costs involved would be covered.

This is a health insurance plan that meets the health insurance needs of the insured person and his or her loved ones with the benefit of specific sum insured amounts for each person.

It does not provide any claim amount in case of the death of insured person due to self injury, or suicide or attempt to suicide.

In the event of the insured person's trip cancellation or trip interruption, we will pay up to the trip cancellation or trip interruption benefit amount of $ 1,500.

The insurance cover amount is payable to the nominee in case of death of the insured person during the term of the policy.

An examination of the insured person was conducted under section 42 and the insurer gave to the insured person a copy of the report of the examination and the insurer's determination.

The policy provides coverage against expenses incurred before hospitalization of the insured person.

In case of accidental permanent total disability of the insured person, the policy continues to collect any guaranteed additional and vested bonus.

Thus a life insurance offers complete financial assistance to the family of the insured person after his / her demise.

The size of the death benefit will depend on the money invested and the age group and overall health of the insured person.

Pregnancy of the insured person including childbirth, miscarriage, abortion or any kind of such complications are not covered under this plan.

This coverage's secure the financial safety of the insured person if he meets with an accident.

This policy is designed to pay the hospitalization expenses of the insured person, in case he suffers an illness or accidental injury within the policy period.

The longer the length of coverage, the more expensive the annual premium generally is because the risk of the insured person passing away during the coverage period increases with time.

Term insurance gives benefits to family members of an insured person after his death.

Whole life insurance is where you keep paying the premiums and they'll pay out a death benefit upon the passing of the insured person whenever the death occurs.

One of most important responsibility of an insured person is to renew your policy within the specified time.

Risk of death for the whole group of the insured people under the company helps determine the cost to each member belonging to the insured group.

Term insurance is a type of life insurance policy wherein the nominee of the insured person gets death benefit if any uncertainty (death) occurs before the end of the policy term.

While most insurance policies provide a benefit to the policy holder, life insurance provides a benefit only to the beneficiaries of the insured person.

An individual whom the insured person has demonstrated a settled intention to treat as a child of the insured person's family.

A beneficiary is a person who receives insurance benefits at the time of the insured person's death.

In case of demise of the policy holder the spouse of the insured person will be entitled to receive the same amount of pension till he / she is alive.

And if the person, other than the insured is informing, keep place and contact details of the insured person handy.

They are also able to provide estimation of costs of insuring a person through instant car insurance quotes that can be taken online.

Life insurance proceeds paid to a beneficiary because of the insured person's death are not taxable.

There are fees and charges for variable life insurance, including a cost of insurance based on characteristics of the insured person such as gender, health and age.

The premium is fixed and won't increase during the lifetime of the insured person as long as premiums are paid as agreed, for the entire time the policy is in force.

The rate of premiums or payments is also affected by the health condition of the insured person.

This insurance plan can help getting rid of any loan burden after the demise of the insured person like a home loan.

Cost of travel of the insured person is covered.

There are fees and charges for variable life insurance, including a cost of insurance based on characteristics of the insured person such as gender, health and age.

Damage to property other than the property of the insured person or held in trust or in custody or control of the insured.

Some policy forms might make small changes to the definition of an insured person, or of a covered peril.

It will not pay the death benefit if only one of the insured people dies.

Liability insurance pays damages to other people and their property caused by the negligence of an insured person.

The choice between the two should depend on the convenience of the insured person, his ability to pay, and the discount provided in the lump sum amount.

All conditions and provisions of the insured person's certificate of insurance apply.

Because whole life policies are based on the life expectancy of the insured person, a whole life policy for a child allows you to have an excellent policy at a minimal cost.