Sentences with phrase «policy at certain intervals»
The initial illustration assumes that clients will fund the policy at certain intervals and with a certain sized premium, and if clients fail to meet these expectations the policy will not often perform as well as they anticipate.
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Some term policies allow you to do this only at certain intervals or dates, so check your policy.
In these policies, policyholders get a certain amount of money as payback at regular intervals during the tenure of the policy.
Some term policies allow you to do this only at certain intervals or dates, so check your policy.
The child gets the money at certain specific intervals as per the policy.
One thing about some term life policy premiums that you need to know is that it may increase at certain intervals, for example, every 5 years there may be an increase in the amount of premiums you pay for your term life policy.
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Some child insurance policies do allow intermediate withdrawals at certain intervals.
Disability: If an employee meets with an accident causing a disability due to which he / she is unable to work, a group personal accident policy pays a fixed sum to the employee at regular intervals for a certain period.
A term insurance policy is a time - bound insurance plan that requires you to pay a certain premium towards your policy at regular intervals.
Under money back plans, survival benefits are spread over the term of the policy i.e., certain percentage of sum assured is paid at regular intervals.
The money back life insurance policy pays you money at certain fixed time intervals across the tenure of the policy.
A money - back plan is also an endowment plan, in which a certain fixed proportion of the sum assured is payable at fixed intervals during the policy term.
You should also be avoiding the type of policies that increase, in terms of the premium, after a certain amount of time.For the most part, this will be every five years which means that your premiums could increase significantly at regular intervals.