Sentences with phrase «option for policy holders»

Yes, good option for policy holders (or rather nominees of the policy holder).
Annuitization is a handy option for policy holders who wish to achieve a guaranteed level of income, and who wish to allow their insurance company to shoulder the responsibility for that income.
We also offer Roadside Assistance as an option for policy holders, so you can ride with peace of mind.
To be sure, the tax advantages combined with the availability of life insurance policy loans to fund various needs and ventures presents an attractive option for policy holders.
The VUL is still with us today, and the options for policy holders are far greater than when it was introduced.
American General also recognizes different people prefer different styles of policies for their different aversions to risk, so they've offered the Elite Survivor Index II, which boasts multiple options for the policy holder to choose from.
The VUL is still with us today, and the options for policy holders are far greater than when it was introduced.

Not exact matches

The upheaved options for the American policy option holder, in this case, can only be in a simulacrum to the European options, and this stage of the heightened option is only realized at the maturity date.
Hi Vipul, on maturity of ulip for Type 2 option on a ulip do you get funds value + sum assured or is it only in case of death of policy holder.
That's why Effective Coverage encourages every policy holder to take advantage of the option for electronic policy documents.
Like Max's plan, Kotak's plan also has the option called «Recurring payout» wherein part of the claim is paid on policy holder's death and a fixed monthly / yearly amount is paid for next 15 years to the nominee.
Guaranteed universal life insurance is an attractive option for many that bridges that gap of financial insecurity, allowing policy holders to lock in a guaranteed death benefit and premium payments while providing flexibility and stability for households.
Because it offers flexibility and a cash value option, guaranteed universal life insurance offers policy holders many possible ways to put the cash value and death benefit to work for them, some of which include:
Whether an applicant decides to go with whole life or guaranteed universal life, a couple of options worth exploring with an agent include possibly setting up a lifetime of guaranteed monthly income for beneficiaries or including a rider that gives a policy holder the ability to waive premiums if they become disabled and can't work.
There is also an option in some policies for policy holders to get separate coverage for legal expenses.
Also known as the Pay as You Drive car insurance, this new system of auto insurance policy helps policy holders and car owners with their problems on expenses by introducing an option that lets them pay for their insurance rates based on how much they use their car.
Here a policy holder can get the option to pay a level premium to guarantee the coverage for his or her entire life.
There are other policy options as well, including one for return of premium, as well as a term conversion option that allows the company's term life insurance policy holders with additional flexibility as their policy ages.
ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments.
ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds.
We also offer Roadside Assistance as an option for AZ motorcycle insurance policy holders, so you can ride with peace of mind.
For those term policy holders that decide down the road they want to keep their life insurance, it is best to exercise the polcy's conversion option.
Like Max's plan, Kotak's plan also has the option called «Recurring payout» wherein part of the claim is paid on policy holder's death and a fixed monthly / yearly amount is paid for next 15 years to the nominee.
Voya Variable Universal Life — CV — With this policy, there are 55 + different investment options; allowing the policy holder to build substantial cash value for supplementing retirement income, paying college tuition, paying off debt, or building funds for any other reason that they see fit.
STP allows policy holder to invest the portion of premium or top — up premium (s) meant for Life Equity Fund 3 initially into Life Money Market Fund 1 and then systematically transfer (i.e automatically switch) every week (not less than 1/4 part of the amount initially invested) into Life Equity Fund 3 option.
The opportunity for upside potential can be gained via the index - linked option while at the same time the policy also provides downside market protection of the policy holder's principal.
The terms and conditions as specified in the opted policy document would apply to the policy holder opting for the «Exchange Option».
If a policy holder has opted for the option of renewal then he / she do not need to give any type of extra information or go through any medical test.
As you compare your options, inquire about discounts and reduced rates for policy holders who take out both auto affordable Missouri insurance and homeowners Missouri insurance online.
Annuitization is not for every policy holder and care should be taken before selecting the appropriate option for your scenario.
The flexibility and affordability of short term life quotes makes this type of coverage a popular option for life insurance policy holders of all ages.
For many policy holders in Hawaii, insurance discounts are a far better option for lowering ratFor many policy holders in Hawaii, insurance discounts are a far better option for lowering ratfor lowering rates.
Settlement Options: The option entitled to the policy holder for selecting the mode of settlements, for instance, lump sum or instalments, is called a settlement option.
If you are pricing out plans for the first time, or even if you are a long time policy holder checking out this option for the first time, you might be surprised at what you can save as a consumer.
Comparing quotes and switching insurance providers has been a quick path to savings for many policy holders, but it's not your only option.
Unit Linked Fund provides a risk cover for the policy holder and options to invest in various avenues such as stocks, mutual funds, and bonds.
This article briefly lists the auto insurance requirements for motorists in the state of DE and summarizes some of the options policy holders have for coverage to add to their policies.
Another option is available for policy holders in certain tort states.
That's why Effective Coverage encourages every policy holder to take advantage of the option for electronic policy documents.
But even though there are not strictly separated policies set aside and earmarked for each of the many different housing options you have to choose from as a renter, the type and characteristics of the home you live in will influence the choices you make as a policy holder in terms of the coverage you carry.
There are other options available for policy holders as well.
With coverage options for medical costs and legal fees that may come up as a result of in - home accidents and extra replacement protection available for treasured valuables, this type of plan gives policy holders a significant web of protection for an affordable price.
The second option for the insurance policy seeker is to opt for the «Term Assurance» plan, under which the policy holder is eligible for an Endowment Assurance plan and the sum assured is paid in case of survival of the assured within the stipulated period, or in the event of his / her earlier death.
The low cost of the plans and the high limits of liability protection make it an attractive option for many policy holders.
So if policy holder does not not want to received maturity or death claim amount in one go, costumer has option for equal amount over period of 5, 10 and 15 years.
d) Income Plus Option: 100 % of Sum Assured is paid on death of the policy holder and monthly income of 0.5 % of the sum assured is paid for next 10 years.
The Agreed Value Option is an excellent tool for policy holders to avoid the penalty of the coinsurance clause in both property and business income insurance.
A pension plan is a plan in which you pay once and you start receiving pension at a pre-decided frequency (choice of yearly, half yearly, quarterly, monthly payout options) for life with a guarantee of return of full purchase price in case of death of policy holder.
c) Income Option: 10 % of Sum Assured is paid in case of death of the policy holder and balance is paid in equal monthly instalments for the next 15 years of time frame.
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