Sentences with phrase «payment allocation policy»

Usually, banks have their payment allocation policy.

This difference may bring you into trouble because of the Discover payment allocation policy.

In this period your different balances will have different APRs and according to Citi's payment allocation policy, your payment will go preferably to the balance with a lower APR..

Payment allocation policy.

And according to the most common payment allocation policy, this difference may result for you in extra charges.

Not exact matches

Variable Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium payments.

The fund apportionment option is used to monitor the next renewal payment allocation in the desired funds and also, to create a new fund (from the available / listed funds in the respective product) in the policy for the purpose of fund switching.

There are no allocation or policy administration charges payable and multiple premium payment options are available.

Premium Allocation Charges: For Limited / Regular Pay, the premium allocation charge varies from 3 % to 9 %, depending on the policy term, premium band and payment mAllocation Charges: For Limited / Regular Pay, the premium allocation charge varies from 3 % to 9 %, depending on the policy term, premium band and payment mallocation charge varies from 3 % to 9 %, depending on the policy term, premium band and payment mode opted.

When opted for other mode of premium payment, the premium allocation charge is 5 % / 4 % / 3.5 % / 3 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th & 7th policy year / 8th policy year onwards, respectively.

Under Regular / Limited Pay, for annual mode, the Premium Allocation Charge is 8.4 % / 6.4 % / 5.4 % for 1st policy year / 2nd to 3rd policy year / 4th to 10th policy year or premium payment term (whichever is less), respectively.

IndiaFirst Money Balance Plan Premium allocation charge is applied and its amount is Depends on Premium Payment Option and Policy Year.

The mentioned Benefit Illustration is for a male aged 30 years paying Rs. 10,000 p.m. for a premium payment term of 10 years and policy term of 10 years assuming 100 % investment in Exide Life Active Asset Allocation Fund.

Professional Experience Fortris Financial (Los Angeles, CA) 2008 — Present Portfolio Manager • Manage a universal life policy portfolio with 200 policies and over $ 800 million in face value, leading a three - person staff in the advisement of resource allocation to assets • Negotiate and effectively communicate loan re-payment and asset liquidation strategies to interested parties, including attorneys, institutional investors, brokers, agents and clients • Design and implement processes to sustain and grow AUM, while mitigating losses through effective crisis management • Document loan payments, policy values, medical records associated with policies under management • Resolve policy issues efficiently through effective communication with involved entities