Sentences with phrase «on policy commencement»

Not exact matches

Staten Island Assemblyman Ronald Castorina and Women's March organizer Linda Sarsour collided on social media this week over the latter's upcoming commencement address at the City University of New York's Graduate School of Public Health and Health Policy — a speech that the Republican lawmaker argued the public institution should cancel, given Sarsour's political and religious views.

If the listing on the stock exchange is successful, MTN Ghana would be exempted from the capital market local content policy which enjoins companies operating in specific areas including telecom, mining, oil and gas to list a minimum percentage of their shares on the Ghana Stock Exchange within 5 years of commencement of operations in Ghana.

With our Legal Cover product you will have access to advice on any private, legal or labour matter, regardless of whether the cause of dispute arose before or after the commencement of your policy.

LIC Jeevan Chaya commencement from 2009 other is TATA AIA commencement on 2003 it's possible I can slender both the Policy if Possible please let me know and what is the steps I have to follow

Dear Avinash, Kindly provide more details on your LIC policy (Policy commencement date, Sum assured and policy tepolicy (Policy commencement date, Sum assured and policy tePolicy commencement date, Sum assured and policy tepolicy tenure).

On 22 May 2007, the Communities Minister, Ruth Kelly, announced of yet another policy shift in respect of the commencement date for home information packs (HIPs).

Yes, your cover begins on the day we accept your application for cover and the «commencement date» will appear on your Policy Schedule.

Your premium, net of premium allocation charge, will be allocated by the Company to Balanced Equity Fund and Builder Bond Fund, based on the proportion and the outstanding years to maturity (as at policy commencement date) as per the table below:

Your first annuity payment will be paid one month / three months / six months or one year after the commencement of this policy, depending on the annuity payment mode chosen by you - monthly, quarterly, half - yearly or yearly respectively.

If suicide is committed by the person insured within a year of the commencement of policy or the date of the last reinstatement, only the Fund Value in the unit account as on the date of death would be refunded.

Where 18 minus age on last birthday on the date of commencement lies between two available policy terms, the next higher policy term is offered.

Deferment period is the period that lasts from the date of commencement of the policy to the date of commencement of risk on the child's life.

Commencement The date indicated in the policy schedule on which the insurance commences, unless otherwise stated in the Policy Condipolicy schedule on which the insurance commences, unless otherwise stated in the Policy CondiPolicy Conditions.

Partial Withdrawals under the base plan: You are allowed to make partial withdrawals after 5 years from the date of commencement of the policy or on attainment of age 18 by the life assured whichever is later.

(age at entry 0 - 17 years) ** For monthly mode, 3 monthly premiums will be required to be paid on the commencement of the policy.

** For monthly mode, 3 monthly premiums are collected in advance on the date of commencement of the policy.

In such case 3 months premium amount will be collected in advance on the date of commencement of the policy and adjusted towards only on the policy due dates.

The Policy Administration Charges given above are deducted from the unit account on monthly basis at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of Policy Administration Charges given above are deducted from the unit account on monthly basis at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of policy commencement date) of a policy by cancellation of policy by cancellation of units.

For example: There is a standard exclusion for claims on suicide in the first 12 months from date of commencement of a life insurance policy.

LIC Jeevan Chaya commencement from 2009 other is TATA AIA commencement on 2003 it's possible I can slender both the Policy if Possible please let me know and what is the steps I have to follow

The deductions that have been claimed earlier shall become taxable if life insurance policy is terminated by any failure on the part of the policy holder to pay premium or by notice for single premium policy in two years since the date of commencement and for regular premium policy for which premiums have not been paid for more than two years.

Subsequently, if there is a claim made after 3 years post the commencement of risk or issuance or reinstatement of the policy, the insurance service provider loses the right to cancel the policy on the basis of false statements made in the insurance form.

The risk cover on the child starts after he completes 8 years of age or 2 years from date of policy commencement, whichever is earlier

In addition, surrendering within 2 years of the commencement of the policy will lead to the tax deduction on the premium paid under 80C being added back to your income in the year of surrender.

On survival of the life assured till maturity, 200 % of the annual premium will be paid at the end of each year from 16th to 30th year from policy commencement.

Suicide Exclusion: If the Life Assured commits suicide within one year from the Policy Commencement Date, whether sane or insane at the time, the Company will limit the Death Benefit to the Fund Value as available on the date of death and no insurance benefit will be payable.

Form the date of commencement of the base policy which the rider is attached, the critical illness benefit rider rate are guaranteed for the first 5 years and later wards are revised depending on the Corporations experience under the rider.

«No policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years from the date of the policy, i.e., from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later.».

Example — Suppose Mr. Kumar buys the policy with date of commencement of risk as 1st January 2018, then the Critical illness benefit will not be paid if the date of diagnosis of the Critical illness falls on or before 1st April 2018.

In case of death of the life assured after the date of surrender but before the completion of 3 years from the date of commencement of policy the monetary value payable on completion of 3 years shall be payable to the nominee / legal heir immediately on death.

i) where the policy is not revived during the period of revival, the policy shall be terminated after completion of 3 years from the date of commencement of the policy or on expiry of revival period, whichever is later.

However, if you discontinue paying your premiums after 2 years from commencement of your policy, tax will not be deducted on premium paid in the year when your policy ends.

Where the life to be insured is a minor at the date of commencement of policy, there shall be a proposer to propose Life Insurance cover on the life of the minor.

Sum assured plus accrued bonuses and the terminal bonuses, if any, on the policyholder attaining age 80 years or on expiry of term of 40 years from the date of commencement of the policy whichever is later

In the form of maturity claim on completion of age 80 years or on expiry of term of 40 years from date of commencement of the policy whichever is later.

On death during the term of the policy and on or after the date of commencement of risk, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payablOn death during the term of the policy and on or after the date of commencement of risk, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payablon or after the date of commencement of risk, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.

Pre existing conditions of Diabetes mellitus and Hypertension are covered from the commencement of the policy, but only on payment of additional premium.

On death during the policy term after the date of commencement of risk: Sum Assured along with vested Simple Bonuses and Final Additional Bonus, If any.

In accordance with Section 45 of the Insurance Act, 1938, «No policy of life insurance effected before the commencement of this Act shall after the expiry of two years from the date of commencement of this Act and no policy of life insurance effected after the coming into force of this Act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the policy - holder and that the policy - holder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose:

If Life Insured is diagnosed with CiS or Early Stage Cancer or Major Stage Cancer or dies during the Waiting Period, then no benefit is payable apart from refund of 100 % of the premium paid since the date of commencement or reinstatement of policy (as the case may be) excluding all applicable taxes, cesses and levies asimposed by the Government along with any other cess and late fee and / or interest payment paid on reinstatement.

On death during the policy term before the date of commencement of risk: Return of single premium excluding service tax and extra premium, if any.

On death within 5 years from the date of commencement of policy: Sum assured i.e. 10 times the single premium (net of service tax) excluding any extra premium charged would be payable