Sentences with phrase «of young policyholders»

The new health insurance regulations, implemented by the Indian regulator in October last year, have certainly earned the wrath of majority of young policyholders as they will be the ones paying more premium.

Not exact matches

While a younger policyholder may have less money to invest in a policy, he or she can opt for a term plan instead of whole life insurance to avoid added costs.

As a rule of thumb, younger policyholders pay smaller premiums than older insureds.

Aviva Young Scholar Advantage is a Unit Linked Insurance Plan specifically designed to protect the beneficiary in the unfortunate event of the policyholders» death.

Also, there are plans that decide the premium amount depending on the age of the policyholder providing a cheaper policy to a younger customer.

Some 13 percent of male policyholders and 12 percent of female policyholders who received benefits were younger than 45 according to the data from 10 leading critical illness insurers.

December 19, 2013 - Esurance announced Wednesday the debut of a no - cost program that the auto insurance company said will help its policyholders who are parents to monitor their teen drivers and train those young motorists on the rules of the road.

Many young and healthy term life policyholders choose to purchase a convertible term insurance policy because of the low - cost premiums and basic coverage that it affords their family.

Max Life Forever Young Pension Plan help the policyholder to construct a strong master plan post-retirement and it also offers a guaranteed maturity benefit of 101 % on each premium amount.

Brokers are primarily interested in policyholders who are in their seventies, or younger if they have a serious illness, says Darwin Bayston, executive director of the Life Insurance Settlement Association.

Take, for instance, the recent 25 % rise in premiums of health insurance that has lately become the cause of concern for only young policyholders.

A family income policy is most useful for policyholders who have young children and would benefit from having the death benefit dispersed over a longer period of time.

Discounted premium rates for women policyholders, where the premium is calculated as per the premium rate of a 3 years younger male

For example, if a policyholder dies much younger than expected, this could result in the approval of an additional death benefit.

But instead of 20 years, if you buy a policy with a life cover up to age 80, you can have the advantage of a longer cover by paying a lesser premium because you are younger right now and insurance premiums are directly linked to the age of the policyholder.

Although a policyholder may enjoy extremely cheap premiums when he or she is young, term products expire after a certain number of years, or when the insured reaches a certain age.

This is particularly the case for those policyholders who are relatively young and in good health at the time of the policy application.

The Survivor Stories series reflects the range of backgrounds and life experiences of NFIP policyholders — from a young family to a retiree — but collectively, they demonstrate the positive impact of flood insurance and the peace of mind that comes with protecting your family and home.