Sentences with phrase «paying an additional premium amount»

The benefits can be added to the term plan by paying an additional premium amount.
The insured may enhance the protection by opting for SBI Life - Accidental Death Benefit Rider and SBI Life - Accidental Total and SBI Life - Permanent Disability Benefit Rider by paying additional premium amount.
Personal accident plans are typically offered as a separate insurance cover by paying an additional premium amount.
Personal accident plans are typically offered as an add on cover by paying an additional premium amount.

Not exact matches

If you are alive when the misstatement is discovered, the insurance company can adjust the amount of your future premiums and demand payment of the additional premiums you should have paid before the misstatement was discovered.
Surrendered value we received is only 84 % of single premium which was paid initially + some additional payout, the total amount we received after surrender is only Rs 434000, only 34000 more than Single premium which we paid,
This reduces the amount of premiums it pays to retrocessionaires, but increases the maximum effect a single death claim can have on its results, and therefore may result in additional volatility to its results.
Since 2007, higher - income individuals and couples have been required to pay an additional income - related monthly adjustment amount (IRMAA) on their Medicare Part B premiums; a similar rule took effect in 2011 for Medicare Part D premiums.
Notably, these limits only apply if the amount of advanced tax credits was too high, such that the taxpayer was overcredited and needs to pay back the excess amounts received; if the credits were too low, there is no limit on what the taxpayer can receive in additional credits when the tax return is ultimately filed (beyond the limits of the premium assistance tax credit itself) in the event that income dropped significantly and a higher credit was due.
You can finance the cost of the insurance, paying an additional amount on top of your mortgage payment, you can pay the insurance premium in one lump sum each year, or you may be able to set up separate monthly payments with the lender or the private mortgage insurance company.
And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.
I read it's 30 % of premiums excluding first year and any additional term rider / accident rider premium.In that case the amount would be very low to what I have paid for these years.
Future Generali Group Gratuity premium top - up is an additional amount of money that can be paid along with the premium to get returns.
Shri Life premium top - up is an additional amount of money that can be paid along with the premium to get returns.
Paid - Up Additions Amounts of life insurance purchased either by policy dividends or by additional premium, and added to the original life insurance policy to increase the death benefit and cash values.
By consolidating a large amount of premium during a short period of time, the coverage can be paid - up for life, without the need to worry about making any additional premium payments in the future.
Depending on the table rating you're assigned, you'll pay an additional percentage on top of the standard premium amount.
The annuity amount can be increased anytime by paying additional premium and purchasing additional annuity.
Other Important extension covers are also available basis additional premium amount paid as per plan.
These additional covers can be purchased by paying an extra premium amount to the insurance company.
The policyholder can increase the annuity amount any time he or she wants by paying additional premium to purchase an additional annuity
Will you be responsible to pay any additional amount towards your health insurance while on maternity leave or refund any premiums paid by your employer?
The second type of deduction is additional deduction which is the premium paid for your parents, that also amounts to Rs. 15,000 / - till now and post this year will go up to Rs. 25,000 / -.
By paying an additional premium You can insure your personal luggae items, pairs or sets of items orth over $ 1000 up to a maximum amount of $ 4000 per item.
All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid
The amount of additional premium paid over and above the Regular / Limited Premium payable under this Policy
(These will require that an additional amount of premium be paid):
An additional factor that will influence the amount you pay in monthly premiums is your credit score.
Paid - Up Additional Insurance Paid - up additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thAdditional Insurance Paid - up additional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thadditional insurance is also referred to the option of the policyholder to use the dividends or the additional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thadditional premiums to purchase an additional insurance within the same plan having the amount determine through the attained age of thadditional insurance within the same plan having the amount determine through the attained age of the insured.
In most cases the full amount of premium that you have paid to the life insurance company will be returned in full and in some cases additional interested will be added on to the refunded amount.
(This rider will require that an additional amount of premium is paid).
These diagnosis statements are produced by a physician with an expertise in that illness and the insurer is bound to pay out a lump sum amount to the insured without any additional charges on premiums.
This limit would be based on the return of the amount of premiums that were paid into the policy, plus possibly a certain amount of additional interest.
Comment: Several organizations commented on the proposal to codify the provision related to premium payment threshold policies which allows additional issuer flexibility regarding when amounts collected will be considered to satisfy the obligation to pay amounts due, so long as issuers implement such a policy uniformly and without regard to health status and that the premium payment threshold adopted is reasonable.
In this case, for instance, if the insured dies within just the first two or three years, the beneficiary may only receive a return of the premiums that were paid in (and possibly a small amount of additional interest from the insurance company).
His wife, who is his nominee, receives the Death Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown below.
Accordingly, at new § 155.400 (g), we proposed to codify a provision related to premium payment threshold policies that would allow additional issuer flexibility regarding when amounts collected will be considered to satisfy the obligation to pay amounts due, so long as issuers implement such a policy uniformly and without regard to health status, and the premium payment threshold adopted is reasonable.
Dividends can be paid in cash, used to reduce your premium payments, left to accumulate at a specified rate of interest or used to purchase paid - up additional insurance which will increase your face amount of coverage.
I read it's 30 % of premiums excluding first year and any additional term rider / accident rider premium.In that case the amount would be very low to what I have paid for these years.
This means that, if the insured dies within just the first two or three years of owning the policy, the beneficiary may only receive back the amount that was paid in as premium (and possibly some additional interest as well).
The insurance company also pays an additional lump sum amount in case the insured has to undergo of any surgeries Premium Waiver rider: This rider offers waiver of future premiums in case of critical illness of the life insured, death or total and permanent disability
The value of the policy If you choose universal life, you may want to focus on using the flexible premium option to pay more than the amount of the monthly policy charges so the policy grows — this is particularly true as you receive additional income.
And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.
The medical insurance premium that is paid for guardians qualifies for deductions up to an amount of Rs. 25000 every year and if either your mother or father is a senior citizen then the limit for deductions increases by Rs. 5000 and becomes Rs. 30000 and this additional amount can be useful for annual preventive health check - ups.
By paying an additional amount of premium, a customer can opt for additional Add - on covers in the base plan to enhance the coverage on the vehicle.
He can make the additional investments by paying unlimited top up premium amounts to increase the fund value, given that all the claims have been done so far.
Mera Term premium top - up is an additional amount of money that can be paid along with the premium to get returns.
If all the regular premiums for decided term are paid with no balance premium, the Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bonus.
If policyholder feels that he / she needs cover for additional risks, then he / she may opt for these rider features, and these include the accidental death and accidental disability riders and can be opted along with the basic plan during any policy anniversary of the premium paying term of the policy by payment of the additional premium amount.
If the policyholder has paid all the premiums that is the full amount and survives till the end term of the policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be added.
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