Death due to intoxicating substances like alcohol, drugs etc. are not
payable under life insurance policy.
Not exact matches
Proceeds: The amount
payable under the terms of a
life insurance policy upon the insured's death or upon the maturity of an endowment.
Provides the benefit of waiver of all future premiums
payable under the base
Life Insurance Policy on the earlier occurrence of Untimely Death, Accidental Permanent Total Disability or Critical Illness.
It is due in respect of premiums
payable under any such
life assurance
policy issued in respect of an
insurance made before 20 March 1968.
An Accelerated Death Benefit, may also be known as Accelerated
Life Insurance Policy, under which part of the death benefit of your life insurance policy (usually 25 % or more) becomes payable to the policy owner for a specific medical condition prior to de
Life Insurance Policy, under which part of the death benefit of your life insurance policy (usually 25 % or more) becomes payable to the policy owner for a specific medical condition prior
Insurance Policy, under which part of the death benefit of your life insurance policy (usually 25 % or more) becomes payable to the policy owner for a specific medical condition prior to
Policy,
under which part of the death benefit of your
life insurance policy (usually 25 % or more) becomes payable to the policy owner for a specific medical condition prior to de
life insurance policy (usually 25 % or more) becomes payable to the policy owner for a specific medical condition prior
insurance policy (usually 25 % or more) becomes payable to the policy owner for a specific medical condition prior to
policy (usually 25 % or more) becomes
payable to the
policy owner for a specific medical condition prior to
policy owner for a specific medical condition prior to death.
The act merely says that when a married man takes out
life insurance policy endorsed
under the MWPA, irrespective of his demise or bankruptcy, the benefits as a part of the
life insurance policy are
payable to those nominated
under this
policy.
Moratorium Period Exclusions No benefit will be
payable under this condition if within the first 90 days following the later of the effective date of the
policy or the effective date of the last reinstatement of the
policy, the
life insurance has any of the following: signs, symptoms or investigations that lead to a diagnosis -LSB-...]
Endowment
policy: A
life insurance policy in which the cash value and face value are equal to each other at the
policy's maturity date; a
policy under which the face amount is
payable on a specified future date (maturity date) if the insured is then
living, or at the insured's death, if that should occur sooner.
This is a traditional participating endowment plan
under which survival benefits
payable every year from 5th
policy anniversary till maturity and
life insurance benefit.
Comprehensive
life insurance coverage — Get coverage of 10 times the annualised premium (for Limited and Regular Pay options) of base
policy and get additional
life cover, equal to sum of all future premiums
payable under the
policy till the age of 60 years, with Partner Care Rider.
Comprehensive
Life Insurance Coverage — The customer may get coverage of 10 times the annualized premium (for Limited and Regular Pay options) of base policy and get additional life cover, equal to sum of all future premiums payable under the policy till the age of 60 years, with Partner Care Ri
Life Insurance Coverage — The customer may get coverage of 10 times the annualized premium (for Limited and Regular Pay options) of base
policy and get additional
life cover, equal to sum of all future premiums payable under the policy till the age of 60 years, with Partner Care Ri
life cover, equal to sum of all future premiums
payable under the
policy till the age of 60 years, with Partner Care Rider.
The variable
life insurance policy can offer a guaranteed death benefit
payable under the
policy.
An agreement between a
life insurance company and a
policy owner / beneficiary in which the insurer retains part of the cash sum
payable under a
policy and makes payments in accordance to the chosen settlement option.
Moreover, it provides survivorship
life insurance, also known as second - to - die
insurance, which insures both client and spouse
under one
policy, with earnings
payable after the second death.
A Term plan with Return of Premium is a contract between the applicant and the
Life Insurance Company,
under which the applicant agrees to pay a certain amount of money (Premium) per year for a fixed period in order to receive a guaranteed amount of money (Sum assured) in the event of his death during the
policy term,
payable to his nominee (any family member).
The amount of premium
payable is determined primarily by the amount of
life insurance purchased and the risk factors (age, medical history, etc) of the person to be insured
under the
policy.