Sentences with phrase «policy commencement date»

For single premium policies, surrender value can be acquired immediately after policy commencement date.

Pre-existing disease coverage and health conditions at proposal stage would be covered after 48 months from policy commencement date.

Second draw - back in this HDFC Life Health Assure Plan is that Pre-existing diseases are covered only after 3 years of policy commencement date.

Your premium, net of premium allocation charge, will be allocated by the Company to Balanced Equity Fund and Builder Bond Fund, based on the proportion and the outstanding years to maturity (as at policy commencement date) as per the table below:

Under this policy, you will be required to wait for a period of 180 days from policy commencement date or reinstatement date, whichever is later before you apply for a claim.

Policy Commencement date — Sep 2010 Premium yearly — 50,000 / -(25k for me + 25k for spouse) Sum Assured — 10,00,000 / -(5L from my policy + 5L from my spouse policy)

Kindly provide details of SBI unit plus plan (Policy commencement date, policy term etc).

Dear Pawan, What is the policy commencement date?

Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums paid will be payable as Death Benefits.

However, if the policyholder dies after the end of 5/10/15 or 20 years from the policy commencement date, no death benefit shall be payable

The Policy Administration Charges given above are deducted from the unit account on monthly basis at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of units.

If the life insured commits suicide within 12 months from the Policy commencement date or the date of revival of the policy, the company would pay an amount equal to 80 % of the premiums paid (excluding any underwriting extra) as death benefit.

If policy is surrendered before the completion of lock - in period of 5 policy years from the policy commencement date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in the Discontinued Policy Fund and no subsequent charges other than Fund Management Charges for discontinued policy fund will be deducted.

If the policy is surrendered before the completion of the lock - in period of 5 policy years from the policy commencement date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in the Discontinued Policy Fund of the company.

Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums paid will be payable as the Death Benefits.

Suicide Exclusions: If the Life Assured commits suicide within 12 months from the policy commencement date or revival date, whether sane or insane at that time, the Company will limit the Death Benefit to the Fund Value and no insurance benefit will be payable.

The Mortality Charges are determined using 1 / 12th of the Annual Mortality Charge and are deducted from the unit account monthly at the beginning of each monthly anniversary (including the policy commencement date) of a policy by cancellation of units.

An early death is where you die within three years from the policy commencement date.

Suicide Exclusion: If the life assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums paid will be payable as death benefit.

If policy is surrendered before the completion of lock - in period of 5 policy years from the Policy Commencement Date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in Discontinued Policy Fund and no subsequent charges other than Fund Management Charges for Discontinued Policy Fund will be deducted.

Suicide Exclusion: If the Life Assured commits suicide within one year from the policy commencement date, the policy will be void and only 80 % of the premiums will be payable as Death Benefit.

The proceeds of the discontinued policy will be paid only after the completion of 5 policy years from the Policy Commencement Date.

If the policyholder dies within the annuity period of 5/10/15 or 20 years from the policy commencement date, annuity is payable till the end of 5/10/15 or 20 years to the nominee.

The Death Benefit or Annuity Benefit is paid to the nominee if the annuitant commits suicide within one year of the policy commencement date.

Suicide Exclusion: If the Life Assured commits suicide within one year from the Policy Commencement Date, whether sane or insane at the time, the Company will limit the Death Benefit to the Fund Value as available on the date of death and no insurance benefit will be payable.

(Policy commencement date)

Iam Having LIC jeevan anand policy for SA - 10 Lacs, tenure 16 yrs, Policy commencement date is 01-01-2008.

A policyholder can claim at the first diagnosis of any critical illness, provided the critical illness has been diagnosed after 90 days of the policy commencement date or the date of reinstatement.

There is a waiting period of 30 days to cover the health insurance from the policy commencement date.