Sentences with phrase «opted under a life insurance policy»
Medical insurance may include any type of health insurance policy, such as regular health policy, top up / super top up, critical illness fixed benefit health plans and also the critical illness rider opted under a life insurance policy.
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Mahesh, aged 30 years, opts for Reliance Nippon Life Smart Savings Insurance Plan with annual premium of Rs. 1,00,000 under regular pay option with a policy term of 30 years along with a life insurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualised premLife Smart Savings Insurance Plan with annual premium of Rs. 1,00,000 under regular pay option with a policy term of 30 years along with a life insurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualisedInsurance Plan with annual premium of Rs. 1,00,000 under regular pay option with a policy term of 30 years along with a life insurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualised prpolicy term of 30 years along with a life insurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualised premlife insurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualisedinsurance cover of Rs 15,00,000 (For entry age less than 45 years, calculated as higher of (i) 10 times of annualised premium or (ii)(Policy term divided by 2) times the annualised prPolicy term divided by 2) times the annualised premium.
An individual should opt for a traditional life insurance policy under the following circumstances:
Suresh, aged 35, is a successful entrepreneur who opts for Reliance Nippon Life Premier Wealth Insurance Plan with annual premium of Rs. 2,50,000 under regular pay option with a policy term of 20 years along with a life cover of Rs 25,00,Life Premier Wealth Insurance Plan with annual premium of Rs. 2,50,000 under regular pay option with a policy term of 20 years along with a life cover of Rs 25,00,life cover of Rs 25,00,000.