Sentences with phrase «on payment of all due premiums»

The Surrender value is the higher of guaranteed surrender value or special surrender value.Surrender value is payable on payment of all due premiums for at least 3 full policy years.

For policies with premium payment other than single pay, the surrender value can be acquired on payment of all due premiums for at least 2 full policy years.

Surrender Value is acquired on payment of all due premiums for at least 2 full policy years.

The surrender value is payable on payment of all due premiums for at least 3 full annualized years, if the premium payment term is equal to or more than 10 years.

The surrender value can be acquired on payment of all due premiums for at least first three policy years.

Surrender value can be acquired on payment of all due premiums for at least 2 full annualized premiums, if the premium payment term is less than 10 years.

The AGA for a policy year is accrued to the policy, on payment of all due premiums.

Surrender Value can be acquired on payment of all due premium for at least three full policy years.

Not exact matches

23 %: The average additional level of premium increase requested by Idaho's PacificSource Health Plans (on top of a regularly planned 23 % hike), due to threats to cut off insurer payments.

There's an upfront premium that is due at closing, as well as an annual premium that is paid monthly on top of your mortgage payment.

footnote ** IRA distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if the distribution is due to your disability or death; is distributed by a reservist who was ordered or called to active duty after September 11, 2001, for more than 179 days; or is for a first - time home purchase (lifetime maximum: $ 10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain unreimbursed medical expenses, an IRS levy on the IRA, or health insurance premiums (after you've received at least 12 consecutive weeks of unemployment compensation).

Direct Payments allow on - time payments of insurance premiums, utility bills (power, phone, cable, water, etc), maintenance fees, and service dues, just to namPayments allow on - time payments of insurance premiums, utility bills (power, phone, cable, water, etc), maintenance fees, and service dues, just to nampayments of insurance premiums, utility bills (power, phone, cable, water, etc), maintenance fees, and service dues, just to name a few.

Insurance Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of the Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of the premiums are the payment due to keep the policy active and in force on the life of the insured.

There should not be any dues in payment of premiums on date, in order for the renewal to take place.

With respect to effective dates other than regular effective dates, meaning retroactive or accelerated coverage effective dates resulting from enrollment under certain special enrollment periods (including birth and marriage), resulting from the resolution of appeals, or resulting from amounts newly due for prior coverage based on issuer corrections of under - billing, we considered a premium payment deadline of 10 - 15 business days from when the issuer receives the enrollment transaction.

We like Gerber Life because they offer clients the flexibility of changing the due date of their premium payments based on individual needs.

Universal life is considered to be more flexible than whole life in that the policyholder is able — within certain guidelines — to change the due date of the premium payment, based on his or her needs.

In case of your failure to pay premiums on time, you will get a notification from the insurer to make sure that you have made payments of all the due premiums within a fixed grace period.

On failure of payment of the premiums for other payment modes, a grace period is allowed for 30 days within which the policyholder can pay his premium dues.

Grace Period: On failure of payment of the premium for monthly payment modes, a grace period is allowed for 15 days within which the policyholder can pay his premium dues.

If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.

And, a grace period of 30 days is allowed on the failure of other premium payment modes from their due date.

With respect to effective dates other than regular effective dates, meaning retroactive or accelerated coverage effective dates resulting from enrollment under certain special enrollment periods (including birth and marriage), resulting from the resolution of appeals, or resulting from amounts newly due for prior coverage based on issuer corrections of under - billing, we are considering a premium payment deadline of 10 - 15 business days from when the issuer receives the enrollment transaction.

Gerber Life offers you the flexibility to change the due date of your premium payments based on your individual needs.

Due to the single premium payment the policy will have an immediate cash value and loan value which could be significant depending on the amount of the single premium payment.

All you need to do is to ensure that you have paid all your due premiums on time and your policy is active on the date of payment of Loyalty Additions.

If you don't pay the premium on or before the due date, the company will provide you a grace period of 30 days to make the payment (in case of monthly premiums, the grace period is only for 15 days).

Non-payment & late payment of premium In case the premium is not paid on the due date, the policy is considered as lapsed and the policyholder loses its benefits.

f insured is struck by total and permanent disablement due to an accident or illness, he or she may get future premiums payable waived off, additional monthly income of 1 % of Guaranteed Sum Aassured till the end of premium payment term, income benefits as per schedule and maturity benefits on maturity.

On expiry of 2 years from the date of policy lapse due to the failure of premium payments, where the policy has not been reinstated and the policy has not acquired any Paid - Up value.

In case, any of the covered critical illness occurs, depending upon the selected coverage options, the Life Insured is paid the Sum Assured on Critical Illness, subject to Policy being operational on the date on which the critical illness occurs of the life insured and the payment of all the due premiums have been made.

The annual premium excludes any loading included by the company due to the mode of premium payment or any service tax charged on the premium.

Guaranteed Loyalty Addition: On survival of the Life Assured to the end of the premium payment term, the Guaranteed Loyalty Addition will be payable, provided that all due premiums are paid and the Policy is in - force.

Due to the rapid nature of paying on the policy for a limited time you will pay a higher premium than a policy that has its premium payment schedule stretched out to age 100.

Your monthly payment will be automatically deducted from your bank account on your premium due date, which reduces the amount of administrative overhead involved, and that savings can be passed on to you.

If your auto insurance provider does elect to cancel your policy right away — for example due to a history of late payments — don't count on them reinstating the policy once the premium is received.

Depending on the type of life insurance policy, if a premium is due there is a grace period while payment can still be made to keep the policy in force.

This policy acquires a Surrender Value after paying at least two full policy years» premium, under 5 pay / 7 pay option and the Surrender Value can be acquired on payment of all the due premium for three full policy years, under 10 pay option.

Under this policy, surrender value can be acquired on payment of all the due premiums for one full policy year and it is payable at the end of the 2nd policy year or payable immediately on surrender, whichever occurs later.

Surrender Value is acquired on payment of all the due premiums for at least two consecutive policy years.

Surrender Value can be acquired on payment of all the due premiums for at least 3 policy years.

You can revive a discontinued policy within 2 consecutive years from the discontinuance of the policy, on payment of all due and unpaid premiums.

Surrender Value (as applicable) can be acquired on payment of all the due premiums for at least 2 full policy years.

Update the revised rates on the OneInsure App to make sure that there is no confusion during the time of premium payment and you will be able to see the correct premium amount due in the dashboard.

This administration includes, among other tasks, providing customer service, maintaining accurate records of your outstanding loan balance (including the interest and mortgage insurance premiums, etc) at all times, tracking your property taxes and your hazard insurance, certifying your occupancy status, issuing your statements of account, issuing and collecting payments, collecting on the loan when it becomes due, and discharging the mortgage.