Sentences with phrase «policy after completion»

The policy can be converted into an Endowment Assurance Policy after completion of one year and before 57 years of age of the insured.

If the policyholder surrenders the policy after completion of 5 policy years, then there is no Surrender / Discontinuance Charges and the Fund Value is paid to the policy holder and the policy will terminate immediately.

If the policyholder surrenders the policy after completion of 5 policy years, then the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated.

Upon surrendering the policy after the completion of the lock - in period of 5 years, the fund value is payable immediately.

Upon surrendering the policy after completion of the lock - in period, the Fund Value (including top - up fund value) as on the date of surrender is payable immediately.

Upon surrendering the policy after the completion of the lock - in period of 5 years, you are entitled to receive the fund value.

Under this benefit, fixed guaranteed additions declared as percentage of sum assured would get added every year to policy after completion of premium term until maturity of policy.

Upon surrendering the policy after the completion of the lock - in period of 5 years, the fund value as on the date of termination is payable.

There are options available to customers to make partial withdrawals (subject to withdrawal conditions) or surrender the policy after completion of first five policy years.

Policy holder can surrender this policy after completion of 1 year only and at that time insurer can get 90 % of premium aid back as surrender value.

Termination of the policy or Benefits after surrendering: The policyholder is allowed to surrender the policy after completion of five years, provided all the premiums have been paid.

Policy Termination or Surrender Benefit: The LIC New Endowment Plan also comes with a surrender values under which a particular percentage of premium amount is paid back to the insured in case he / she decides to surrender the policy after the completion of 3 policy years and can also avail Loan.

Surrender is a facility given to the policy holder to cancel the policy after completion of the lock - in period, completion of premium payment term or any other lock - in period prescribed by the product guidelines.

You may surrender your policy after the completion of a lock - in period as specified in the terms and conditions of your policy by submission of a duly filled and signed Surrender Request Form, your savings bank account details, a cancelled cheque leaf from the account and self - attested copy of KYC documents at the nearest branch location.

Partial Withdrawal is an option given to the Policyholder to withdraw certain amounts from the policy after completion of the lock - in period or after completion of premium payment term (as prescribed in the product guidelines).

If you want, you can discontinue the policy after completion of the lock - in period, after which the insurance cover will cease and your fund value shall be paid immediately and the policy would be terminated.

Not exact matches

After completing her master's degree in education policy and management at the Ed School, Smith became a serious «game changer» when she was appointed senior adviser for education for the White House Domestic Policy Council, playing a direct role in what some have called the Obama administration's boldest and most innovative higher education proposals including those related to college access, affordability, and complpolicy and management at the Ed School, Smith became a serious «game changer» when she was appointed senior adviser for education for the White House Domestic Policy Council, playing a direct role in what some have called the Obama administration's boldest and most innovative higher education proposals including those related to college access, affordability, and complPolicy Council, playing a direct role in what some have called the Obama administration's boldest and most innovative higher education proposals including those related to college access, affordability, and completion.

Start receiving guaranteed Monthly income after the completion of the Premium payment term, until Maturity, provided the policy is still in force.

I had surrender this policy on Sept - 15 i.e. after completion of 6 years.I got surrender value as Rs. 104000.

You start receiving guaranteed tax - free income after the completion of the Premium payment term, until Maturity, provided the policy is in force and all due Premiums have been paid.

A fixed guaranteed addition, declared as a percentage of the Sum Assured will get added to your policy each year after the completion of Premium payment term, until Maturity of the policy.

You can also withdraw money from your Policy Fund Value any time after the completion of five policy Policy Fund Value any time after the completion of five policy policy years.

A fixed guaranteed addition, declared as a percentage of Sum Assured gets added to your policy each year after the completion of premium payment term, until maturity of the policy.

Survival Benefit: Subject to the policy being in force, the Guaranteed Monthly Income on Survival (as displayed in the table below) will be payable monthly starting from the end of the next month after the completion of the Premium Payment Term and will be payable for 72 months for 12 year policy term, 96 months for 16 year policy term and 144 months for 24 year policy term.:

Group Life Assurance Policy The company provides a Group Life Assurance Policy to all staff, after successful completion of their probation period.

The plan provides the addition of Pension Boosters which are added after the completion of 10 policy years and thereafter every 5 years @ 5 % of the average daily total Fund Value over the last 12 months provided at least 5 years» full premium has been paid

b) Pension Boosters are added after the completion of 10 policy years and thereafter every 5 years at 2 % of the average daily total Fund Value over the last 12 months.

Pension Boosters are added after the completion of 10 policy years and every 5 years thereof @ 5 % of the average daily total Fund Value over the last 12 months provided at least 5 years» full premium has been paid

After completion of 5 years, the fund value in the Discontinued Policy fund as on that date will be paid to the policyholder.

If the policy surrendered after the completion of 5 years, the insurer will pay out the total fund value without deducting any charges.

The money invested will make a good return and will be paid back fully as sum assured either after the completion of the tenure of the policy or after the demise of the insured person.

The premium paying term is 5 years and one can opt for partial withdrawals after the completion of 5 years of policy or after attaining 18 years of age, whichever is later.

The validation of all the policies will be completed after completion of necessary checks with the agenda of your policy.

In case the insured dies after the completion of first 5 years of the policy, the nominee of the policy receives the basic sum assured + accrued guarantee addition + simple reversionary bonus + final reversionary bonus (if any), which can be paid as a lump - sum or as an annuity, or as a combination of two.

For Single Pay plans, Surrender Value is available only after completion of 3 policy years.

The Family Income Benefit pays 1 % of Sum Assured every month after the insured dies and till the completion of the policy tenure

Policyholders get to earn Loyalty Addition only after 5 years of successful completion of policy.

For the Single Premium mode, the policy acquires Surrender Value after completion of the first policy year and may be surrendered any time after that.

The fund value is payable after completion of the fifth policy year, and then the policy is terminated.

The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.

Since the financial requirements of the child change from time to time, this plan allows access to funds after completion of 5 policy years by way of partial withdrawals

Maturity Benefit - If the policyholder survives the entire tenure of the policy, then a maturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policy tenure.

Surrender Benefit or Policy Termination: This insurance policy can be surrendered after the completion of 2 policy years, provided all the premiums have been dulyPolicy Termination: This insurance policy can be surrendered after the completion of 2 policy years, provided all the premiums have been dulypolicy can be surrendered after the completion of 2 policy years, provided all the premiums have been dulypolicy years, provided all the premiums have been duly paid.

Only after the completion of 5 years of policy, the partial withdrawal is allowed.

Survival benefits as 20 % of the basic sum assured is payable in equal intervals of time i.e. after the completion of age 18 years, 20 years and 22 years, provided the policy is in full force.

Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole policy year.

We will provide You with a Driving Score by email after the completion of the First checkpoint andadditional communications will be provided across the duration of your policy cover with AIG.

Maturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of the policy.

Under this LIC policy, the risk cover on a child's life begins either after 2 years from the policy issuance date or after the completion of a child's 7 years of age, whichever is later.

These discounts can be applied to the premium rate after the policy holder produces the completion certificate.