Sentences with phrase «over the policy term»

The policy offers a single premium payment or regular payments over the policy term, as per the convenience of the policyholder.

In case of Participating plans, the investment returns are primarily dependent on the bonuses declared over the Policy term by the life insurance company.

A fixed sum of money - the sum assured — is paid to the beneficiaries if the policyholder expires over the policy term.

On maturity you get a tax free amount which is equal to sum assured and bonuses accumulated over the policy term.

By investing funds in the portfolio of your choice, you can get better returns over the policy term.

If you like to pay your premium in short period and want to enjoy the benefits from the plan over the policy term.

In case of death over the policy term, the beneficiary gets the full sum assured.

Go over your policy terms and exclusions with your agent.

Also, once you have bought a policy, the premium rate usually does not change over the policy term.

Under participating insurance plan, only a minimum amount is guaranteed (upfront) at maturity and the rest depends on the quantum of bonuses announced over the policy term by the insurance company.

The premium charged to you is based on how likely you are to pass over the policy term, as determined during underwriting.

The policy offers a single premium payment option or regular payment option over the policy term, as per the convenience of the policyholder.

A best saving plan is a type of endowment plan which gives periodic cash payouts to investors over the policy term.

Provides a fixed life cover over the policy term.

Generally, money back plans also offer a bonus to the insured person which is accrued over the policy term and paid along with the last instalment.

The sum assured under this term plan decreases every year in collaboration with the decreasing debt amount at the specified rate over the policy term.

Term life insurance that provides a death benefit that decreases in amount over the policy term.

In case the policy holder expires over the policy term, the fixed sum assured is paid to the beneficiaries as a payout.

These bonuses are accumulated over the policy term and are paid on maturity.

By investing funds in the portfolio of your choice, you can get the better returns over the policy term.

In case of death over the policy term, the beneficiary gets the full sum assured irrespective of the payouts already made.

HDFC Life Pension Super Plus Plan, is a unit - linked pension plan designed to build an audacious corpus over the policy term so that you can enjoy post-retirement life.It helps you get great returns to enjoy the post retirement life with ease and pride.The plan safeguards your investments after your retirement.

Deferred Annuity: IA deferred pension scheme allows you to accumulate a corpus through normal charges or single premium over a policy term.

HDFC Life Pension Super Plus Plan, is a unit - linked pension plan designed to build an audacious corpus over the policy term so that you can enjoy post-retirement life.It helps you get great retur... Read more

The GMSA is always higher than the sum of the total annualised premiums payable over the policy term for all entry ages and is guaranteed.

GSAM is always higher than the sum total of annualized premiums payable over the policy term for all entry ages and is guaranteed.

1 A Terminal Bonus may be added to a policy and enables the company to pay a fair share of the surplus provided all due premiums are paid, based on the actual experience over the policy term and allowing for the reversionary bonuses already attached.As the Terminal bonus depends on the actual future experience it is not a guaranteed benefit.

Unlike term plans which pay out the sum assured, along with profits, only in case of an eventuality over the policy term, endowment planspay out the sum assured under both scenarios — death and survival.

In Level cover, death sum assured remains constant and it reduces over the policy term in reducing cover.

Even for the smallest claim you make, you lose the distinct advantage of the No Claim Bonus (NCB)-- the bonus accrued for every consecutive «claim - free» year over the policy term.

Over a period of 30 years these numbers really start to add up — that's nearly a $ 6000.00 increase over the policy term and these figures continue to escalate as you grow older.

Your total multiyear premium will be spread over the policy term, which can make it easier for you to cover the cost of your insurance without noticeable losses in your budget.

Owing to low premium allocation charges, you can tap maximum returns on your investments over the policy term

Policy should have option to increase sum asured over a policy term 3.

With level term your rates are guaranteed to remain the same over the policy term, and your death benefit remains the same, so your family has more proceeds available than just being able to pay off your mortgage.

HDFC Life Single Premium Pension Super Plan is a market linked a one time investment plan that creates a fund over the policy term to generate post-retirement income for life.

Based on your income and financial plan, you can choose to pay regularly over the policy term or pay for limited numbers of years (5/7/10 years) while the plan continues for the chosen policy term.

Under this option, the Sum Assured (SA) reduces uniformly over the Policy Term and the applicable Sum Assured as on the year of unfortunate death is paid to the nominee.

Presenting, HDFC Life Pension Super Plus Plan, a unit - linked pension plan designed to build a corpus over the policy term so that you can enjoy post-retirement life.

It gives periodic payments over the policy term.

They are ideal if one wants to pay premium for a short period and wants to enjoy benefits from the plan over the policy term

Terminal Bonus is not guaranteed and is added to the policy on vesting and enables the company to pay a fair share of the surplus at the end, based on the actual experience over the policy term

Unlike term plans which pay out the sum assured, along with profits, only in case of an eventuality over the policy term, endowment plans pay out the sum assured under both scenarios — death and survival.

o Option C - Loan Protection: Under this payout option, the sum assured reduces every year over a policy term.

In a term plan, a fixed sum of money - the sum assured — is paid to the beneficiaries if the policyholder expires over the policy term.

On maturity your child gets a tax free amount which is equal to sum assured and bonuses (if any) accumulated over the policy term.

The premium allocation in this plan ranges from 95 % to 98.5 %, meaning that most of the insurance premium goes towards investment, helping maximise returns over the policy term.

The GMSA is always higher than the sum of the total Annualised Premiums payable over the Policy Term for all entry ages and is guaranteed

Deferred Annuity: A deferred pension scheme allows you to compile a corpus through regular premiums or single premium over a policy term.