Sentences with phrase «options during the policy tenure»

Partial withdrawal facility can help safeguard the child's financial future by not impacting the long term financial plan with its partial liquidity options during the policy tenure.

Not exact matches

Under regular premium paying option the insured can pay premium during the entire tenure of the policy.

ULIP policy holders can make use of features such as top - up facilities, switching between various funds during the tenure of the policy, reduce or increase the level of protection, options to surrender, additional riders to enhance coverage and returns as well as tax benefits.

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee

Money back policies are the most expensive insurance options offered by insurance companies as they offer returns to the insured during the policy tenure.

In case of the demise of the insured person during the tenure of the policy, 125 % of the single premium paid or the sum assured, whichever is higher, is paid to the beneficiary of the policy, under single premium mode option.

The policyholder will have the option to take the survival benefit at any time on or after its due date but during the tenure of the policy.

Anytime during the entire tenure of the policy if the insured wants to change its financial priorities then the plan provides an option of unlimited free switches under which then he / she can change their financial plan with a facility of unlimited free switching.

Unit linked policy holders are given features like top up facilities along with an option of switching funds during the tenure of the policy.