Sentences with phrase «policy account»

That rate of interest doubles policy account values every six or so years.
Monthly Anniversary Adjustable life, indexed life, universal and variable universal life insurance policies account for expenses and credits on a monthly basis.
In case of death or maturity benefit, the balance in the Individual Policy Account is reduced by an amount equal to the interest credited in advance for the remaining part of the quarter.
Adjustable life, indexed life, universal and variable universal life insurance policies account for expenses and credits on a monthly basis.
The current least guaranteed interest rate for discontinued fund / discontinued policy account is four per cent a year.
My remarks will focus on the following question: Should a central bank's decisions on monetary policy account for the stability of the financial system and, if so, how?
Combined policies account for nearly three quarters of household premiums.
A cash equivalent policy account is setup to house interests from excess premium payments after policy payments.
Thus, in this method, policy account appears on the asset side and policy reserve account appears on the liabilities side of the balance sheet until it is realised.
Policy Account Value is the amount of regular premiums paid less applicable charges.
The best life insurance policy accounts for your income, assets, major debts, and future obligations, like the cost of college or your funeral expenses, at the time of underwriting.
A solid life insurance policy accounts for your income, assets, major debts, and future obligations (like sending your kid to college), among other things.
Maturity Benefits are equal to the balance in policy account.
Insurers will have to provide a statement of policy account to the policyholder at least once at the end of each financial year to the policyholder, which will give the breakup of the closing balance, premium received, deductions towards charges, minimum floor interest earned, variable interest earned and closing balance.
In case the policy is not in - force, a Lump Sum amount equivalent to the balance in Individual Policy Account at the end of the policy term is payable.
The interest rate that AXA Equitable credits to the Interest Sensitive Whole LifeSM Policy Account Value is declared periodically.
Valuation Date A date on which policy account values - typically in variable policies - are contractually determined.
Upon surrendering the policy with - in the lock - in period of 5 years, the Individual Pension Account (IPA) Value after deducting Policy Discontinuance Charges are credited to the Discontinued Pension Policy Account.
Mangubhai will use a social science approach to investigate how global fisheries policies account for small - scale fishers in the western Pacific Ocean.
A July 2008 World Bank report argued that biofuel policies accounted for as much as two - thirds of the 2007 - 2008 price spike.
With Kemper, you have the option to set up a Paperless Policy account and receive all of your policy correspondence electronically.
Option to setup the policy with a single policy account or with individual member level accounts
Mortality Premium: This will be payable through cancellation of units from master policy account towards the cost of life cover.
The interest rate that AXA Equitable credits to the Interest Sensitive Whole LifeSM Policy Account Value is declared periodically.
An Additional Interest Rate (AIR) of 4 % per annum on the balance in Policy Account is credited at the beginning of each financial quarter for the first 5 policy years and thereafter, it will be 0.5 % per annum.
The interest rate of 1 % p.a of the balance in Individual Policy Account (IPA) is credited at the beginning of each financial quarter to the IPA till maturity, surrender, or death, whichever occurs earlier.
A date on which policy account values - typically in variable policies - are contractually determined.
A minimum guaranteed interest rate is applicable to the Discontinued Pension Policy Account.
«Life Insurance Policy Account Value Vs. Surrender Value» accessed April 13, 2018.
You pick your deductible (the number of the damages you'll be able to pay out of pocket), as well as your collision insurance policy accounts for kicking in the remainder of the price to fix or replace your automobile.
However, you should receive regular notification of the cash value of your policy — how much all that investing has contributed to your policy account.
These earnings go into your policy account.
The Policy Account Value may be enhanced by additional interest credited at current rates.
The interest rate AXA Equitable / MLOA credits to the Policy Account Value is declared periodically.
Under either option, a higher death benefit may apply if the value in the Policy Account reaches a certain level relative to the Face Amount.
IncentiveLife Legacy ® III offers you the opportunity to direct how a portion of your premium payments and Policy Account Value are invested among a wide array of investment options that include equity portfolios, bond portfolios and a money market portfolio.
You add your policy accounted finance.
Additional interest can be used to increase the Policy Account Value.
Taking a loan out means those funds will not draw interest in the policy account and that will affect how quickly the cash value will accrue.
The Policy Account Value may also be enhanced by additional interest.
Accordingly, she ordered Great - West Life and London Life to pay approximately $ 390 million to the participating insurance policy accounts.
Insurers will have to give a minimum maturity benefit, which will be at least equal to the balance in the unit fund or policy account.
All unit - linked insurance products (Ulips) will have to provide a minimum death benefit, which will have to be at least equal to the guaranteed minimum sum assured, plus the balance in the unit fund or policy account.
The cost of collecting data for the policy accounts are greatly decreased since data are already centralized in the existing groups.
Complaints related to claim and policy account for only 40 % of the total complaints.
You would be directed to the homepage of your policy account.
The UL plan may be surrendered for its cash surrender value equal to the policy account value less any applicable market value adjustments on guaranteed investment accounts.
Withdrawals also will reduce the policy account value and cash surrender value.
Withdrawals also will reduce the policy account value / cash surrender value.

Phrases with «policy account»

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