Sentences with phrase «of the policy term»

TATA AIA Secure 7 allows surrender of policies before end of policy term.

Some Money Back Plus provisions are made to facilitate extension of the policy term.

10 % of sum assured will be payable from year of death till maturity and on completion of the policy term maturity benefit will be also provide.

The plan also offers loan after just one year of policy term for any liquidity needs.

In case of survival of the life insured till maturity of the policy term, 115 % of the sum assured chosen is payable, provided all due premiums have been paid.

So it is evident that staying invested for the entire length of the policy term is the most profitable scenario, while ensuring you and your family are adequately protected financially.

That means that you usually have a few months to prepare for it if you have a loss in the middle of the policy term.

Term life has rates that remain the same for the duration of your policy term if you have level term insurance coverage.

This means that close to the first half of the policy term length, you can convert your policy on a guaranteed basis.

Under this benefit, premium will be waived off from the date of diagnosis of the critical illness till the rest of the policy term on diagnosis of a covered critical illness.

Receive guaranteed income for 12 years after the end of policy term as per your life insurance plan option.

The payout period is defined as the period starting from one year after the end of the policy term for a period equal to the policy term.

Policy renewal is done at the end of the policy term in case you wish to extend it further.

The premium balance will decrease in value over the course of the policy term as the policyholder makes installment payments.

The insurer can also declare a «final additional bonus» at the end of the policy term which is also linked to the profit it makes.

If the investor survives the entire policy tenure, the entire premium submitted at the beginning of policy term along with the loyalty addition will be returned.

A maximum of 15 partial withdrawals is allowed during the entire policy term, in case of policy term more than 10 years.

A return of premium life insurance policy refunds premiums at the end of the policy term provided that the death benefit has not been paid out.

The premiums paid are returned to the insurer at the end of the policy term if the policy - holder survives.

After this amount is reached, the plan pays 100 % of covered medical services delivered in - network for the remainder of the policy term.

If your medical history review is conducted after the first 30 days of your policy term, you will be refunded any unused premium.

The policy offers a great bandwidth in the choice of the policy term.

It is essential that the insurance holder is aware of all the conditions of the policy terms.

You can receive a life insurance quote with a wide range of policy terms and coverage amounts to choose from.

With this option, your life cover starts increasing by 5 % every year at simple rate till the end of the policy term without any increase in the premium.

It also has a provision for a lump sum payment at the end of a policy term period.

Regular allocation charges would apply to the balance of the policy term.

The maximum sum assured is higher of ten times the annual premium or half of policy term multiplied by annual premium for people less than 45 years.

The insurance premium can be either paid for the duration of the policy term under the Regular pay option or for a short term under the Limited Pay option.

When a claim under major stage CI is accepted, all the future premiums are waived including the rider premium for rest of the policy term from the date of diagnosis.

This is a money back as well as an endowment plan where the premium is paid for the beginning 5 years of the policy term only.

There are some policies which continue till the end of the policy term even though the loan is repaid, such policies are provided by life insurance companies.

The accrued bonuses is payable at the end of policy term along with the first installment irrespective of the option chosen.

For people over 45 years, premium is higher of seven times the annual premium or a quarter of a policy term multiplied by the annual premium.

The length of your policy term ultimately depends on your carrier, but annual terms are most common.

As the end of the policy term approaches, contact your insurance company and notify them that you would like to take advantage of the conversion option.

The policyholder receives a variety of benefits with this policy in the form of a regular monthly income, intermediate annual income and a lump sum at the closure of the policy term.

At the end of policy term insurer will not get any bonus, but some guaranteed additional amount.

The percentage is a function of policy term and number of years of premium paid.

You are guaranteed a certain amount of money at the end of the policy term agreement in these types of insurance products.

For example, one plan may exclude coverage for pre-existing medical conditions for the first 12 months of the policy term.

Whole life coverage provides you with lifetime protection for as long as you live, while term insurance lasts for the duration of the policy term up to 30 years.

He will receive the maturity benefit in regular installments from the end of the policy term until the end of the 19th year.

Your premium obligation is limited to about 2 / 3rd of the policy term.

Create documentation of policy terms including coverage, guidelines, rate charts, fees and claims process.

Some Click2Protect provisions are made to facilitate extension of the policy term.

A Top - up premium is allowed anytime before completion of the policy term on the condition that all premiums have been paid.