Sentences with phrase «on age of the policy holder»

Little did they know that once this term policy ends, renewing it or acquiring another would cost more, depending on the age of the policy holder.

Variable minimum premium for plan 1: Depends on age of the policy holder.

In case, you decide to buy one more ULIP, the mortality charges can be higher as it is based on the age of the policy holder.

Minimum variable premium for Aegon Life iGuarantee Insurance Plan is Depends on age of the policy holder and minimum variable premium for LIC Bhagya Lakshmi Plan is Depends on sum assured, age of the insured and premium payment term.

For this policy, value for minimum sum assured is Depends on the age of the policy holder at entry.

Minimum variable premium for Aegon Life iGuarantee Insurance Plan is Depends on age of the policy holder and minimum variable premium for Birla Sun Life Vision Star Plan is Depends on various factors.

Not exact matches

Whether or not a long - term care policy is eligible for income tax deduction depends on the nature of the specific policy and the age of the policy holder, however, some states offer tax credits.

The cost of term life insurance for seniors will vary depending on the benefits, age and health of the policy holder.

(Technically, coverage on current policies lasts until the policy holder reaches the age of 120 — if you think you may live even longer, check with your insurer to see if you will receive benefits beyond that age).

Cost is based on the length of trip, destination, and age of policy holder.

Non-United States citizens or any visa holders (e.g. L / H / B1, B2, etc.) as well as person on Green Card living outside of the U.S. can also purchase the plan for temporary coverage in the U.S.. For someone below 65 years of age, coverage must begin within 6 months of arrival in the U.S. and for someone 65 years of age and older, coverage must begin within 30 days of arrival in the U.S. (restriction waived with proof of previous valid insurance within 30 days of the policy start date).

As the policy holder, you would first be assessed for «insurability,» which is a term for the overall risk of insuring an individual based on a number of factors such as age, occupation, lifestyle and overall health.

With this type of coverage, the policy will renew each year, meaning that the yearly premium that is paid will be determined every year, based on the policy holder's current age.

Hence why the costs of life insurance vary, depending on the policy holder's age, gender, and other lifestyle choices — insurance companies use this information to estimate their claim totals each year.

Apart from this, you may require undergoing Medical Test depending on the sum assured along with the age of the policy holder.

Child Plans are a combination of investment and insurance.The parent is the Policy holder on behalf of the child who is a minor, and on the completion of 18 years of age the money is passed on to the child.

The premiums are based on flat rates and can be calculated online by mentioning type of plan required, the sum assured, policy tenure, policy holder age, number of members.

Maturity Benefits: As discussed earlier the maturity benefit depends on the survival age of the policy holder.

The cost of Life Insurance depends on the policy holder's age, Medical History, nature of work, type of policy selected, sum assured, policy terms, premium amount and the payment frequency.

Premiums for new plans will be based on policy holder age and our standard rate at the time of the conversion.

Life insurance premium is dependent on age and health condition of the policy holder, sum assured and the policy term.

On attaining the retirement age, the policy holder can withdraw 33 % of the maturity amount for some immediate financial needs.

As per above policy details, the policy holder is require to pay premium for 30 years and once this premium paying term of 30 years completed, the policy holder starts receiving 2,00,000 (8 % of BSA) per year up to his 99 years of age and on completion of 100 years of age or completion of policy term maturity will be paid.