Sentences with phrase «on immediate death benefit»

Not exact matches

As per Insurance Laws (Amendment) Act, 2015 — If an immediate family member such as spouse / parent / child is made as the nominee, then the death benefit will be paid to that person and other legal heirs will not have a claim on the money.

Workers» compensation funds can provide substantial payments for permanent disfigurement or scars, vocational retraining if the injury prevents the worker from returning to their original job and death benefits for immediate family members if the worker was killed on the job.

Privacy is still important even after death, so you might not think you would have the right to inquire about a death benefit if you are not the immediate family member, however there are circumstances where even if you are not the next of kin you may have the right to information; For example, if you are the beneficiary named on the policy.

This policy is issued to those aged 40 — 85, providing death benefits (from $ 2,500 to $ 50,000 depending on underwriting status), immediate full death benefit and level premiums, with accumulating cash value that can be accessed through policy loan or cash surrender.

The maximum death benefit available for these is $ 25,000, and payout may not be immediate depending on the product chosen.

It's comparable to many other immediate death benefit whole life final expense policies on the market (but it can be beat price wise).

(However, as per Insurance Laws (Amendment) Act, 2015 — If an immediate family member such as spouse / parent / child is made as the nominee, then the death benefit will be paid to that person and other legal heirs will not have a claim on the money)

Traditional trip cancellation benefits often covers events that would prevent one from going on a trip, such as a medical emergency, death of an immediate family member, or a car accident on the way to a departing airport.

Something known as an Accelerated Death Benefit can be used against the face value of the policy for more immediate needs like an advance on the policy due to a terminal illness diagnosis or those costs associated with long - term care.

Death Benefit is equal to an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are pBenefit is equal to an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are pbenefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.

Upon choosing death benefit option II, 50 % of Death Benefit as an immediate lump sum on Death i.e. Rs 2,14death benefit option II, 50 % of Death Benefit as an immediate lump sum on Death i.e. Rs 2,benefit option II, 50 % of Death Benefit as an immediate lump sum on Death i.e. Rs 2,14Death Benefit as an immediate lump sum on Death i.e. Rs 2,Benefit as an immediate lump sum on Death i.e. Rs 2,14Death i.e. Rs 2,14,372.

In the event of unfortunate death of the life insured during the term of the policy, an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.