Sentences with phrase «payable at the commencement»
The first instalment is payable at the commencement of the policy.
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With respect to debts or liabilities incurred for necessaries furnished the insured after the commencement of disability, the exemption shall not include any income payment benefits payable as a result of any disability of the insured, and with respect to all other debts or liabilities incurred after the commencement of disability of the insured, the exemption of income payment benefits payable as a result of any disability of the insured shall not at any time exceed payment at a rate of four hundred dollars per month for the period of such disability.
Suicide Exclusion: If the Life Assured commits suicide within one year from the risk commencement date or revival date, if revived, whether sane or insane at that time, the Company will limit the Death Benefits to the Fund Value as available on the death date and no insurance benefit will be payable.
Suicide Exclusions: If the Life Assured commits suicide within 12 months from the policy commencement date or revival date, whether sane or insane at that time, the Company will limit the Death Benefit to the Fund Value and no insurance benefit will be payable.
In case of temporary total disablement, the company will pay a sum at the rate of 1 % of the capital sum insured stated in the schedule as existing at the inception of the plan per week, however the same will not exceed Rs 5000 / - per week under all plans and also provided that the compensation shall not be payable for more than 104 weeks with respect to any one injury calculated from the date of commencement of the disablement and under no case the same will exceed the Capital Sum Insured.
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.
It is equal to sum assured chosen at the commencement of the policy and it is payable at maturity of the policy term with the last guaranteed income payout.