Sentences with phrase «payment under this rider»

Benefit payments under this rider reduce the policy's death benefit.

Benefit payments under this rider reduce the policy's death benefit.

There shall be no payment under this rider if the death were to happen due to say, natural illness.

The payment under this rider can be used to take care of such expenses.

The payment under this rider can be used by the policy holder to complete a few last wishes, say travel, donation to charity or perhaps more expensive treatment.

Not exact matches

We use the terms «income» and «lifetime income» to refer to any allowable withdrawals under the FlexChoice Access rider, as well as any lifetime income payments you would receive under the rider if your account value reduces to zero.

This rider can provide a monthly benefit in addition to any other disability benefit payments under the policy if you are catastrophically disabled.

Fares would be paid under a «proof of payment» system where riders would pay at stations and show a receipt if asked by on - board fare collectors.

In the commission's ruling it stated: «To receive a rebate payment following approval of a customer's application and installation of a customer - owned or leased solar photovoltaic (PV) system, the customer must submit to Duke a certificate of completion indicating that the installation is complete and confirming that billing under an eligible rate schedule and net metering rider has commenced.»

In the event that the Insured dies after a written request for an accelerated death benefit is submitted but before payment is made and we receive written notice at our home office of this death, the request for an accelerated death benefit will be considered void and no benefit will be paid under the rider.

1) War Risk Coverage In consideration of the payment of premium calculated in the manner stated in the policy to which the rider is attached, it is hereby agreed that for additional premium the policy is amended as follows: Any Exclusion under this Plan for «declared or undeclared war or any act thereof» is waived for an Insured Person's loss caused in whole or in part by, or resulting in whole or in part from, declared or undeclared war or any act of declared or undeclared war, subject to the following restriction: The waiver only applies with respect to accidents that occur within the geographic limits or territorial waters of, or airspace above the geographic limits or territorial waters of a Designated War Risk Territory (as defined herein).

This rider can provide a monthly benefit in addition to any other disability benefit payments under the policy if you are catastrophically disabled.

In consideration of the payment of premium calculated in the manner stated in the policy to which the rider is attached, it is hereby agreed that for additional premium the policy is amended as follows: Any Exclusion under this Plan for «declared or undeclared war or any act thereof» is waived for an Insured Person's loss caused in whole or in part by, or resulting in whole or in part from, declared or undeclared war or any act of declared or undeclared war, subject to the following restriction: The waiver only applies with respect to accidents that occur within the geographic limits or territorial waters of, or airspace above the geographic limits or territorial waters of a Designated War Risk Territory (as defined herein).

Lastly, the Critical Illness Cover Rider promises the payment of a lump sum amount if the insured is diagnosed with any of the illness covered under the scope of the rider during the tenure of the plan

Other riders and covers under SBI Shubh Nivesh continue till the end of chosen endowment term upon payment of premiums.

Under this, the policyholder can develop protection by choosing for riders by a normal additional premium payment.

The company offers three types of riders under the plan which includes Accident Benefit Rider which promises the payment of an additional Sum Assured in the event of accidental death of the life insured.

Rebate for mode of premium payment is same as mentioned under the base plan and there is no high sum assured under this rider.

Max Life Partner Care Rider which pays the sum of all future premiums payable under the base policy or till life insured attains 60 years age (whichever is earlier), immediately on the death of the life insured and after payment, the rider will terminate.

Choose only Required Riders: A Rider or add - on provide additional coverage under the policy, upon payment of additional rider premium.

The plan offers following riders on a payment of an additional rider premium can be opted under this plan.

LIC's Accident Benefit Rider can be opted under this plan, on payment of additional rider premium.

SBI Life - Accidental Death Benefit Rider can be opted under this plan, on payment of additional rider premium.

Under accelerated, the payment made for the rider is deducted from the death sum assured.

When is a payment made under a critical illness rider attached with a life insurance policy?