Sentences with phrase «policy during the tenure of the plan»

If you are not happy with the policy during the tenure of the plan, you can surrender this insurance plan and below would be paid:

Not exact matches

He served as Chair for the last two years, and he has also served as the Vice Chair, and as a member of the Loan Policy, ALM, Compensation and Strategic Planning committees during his tenure.

The plan offers a minimum return guarantee of 101 % of all premiums paid in addition to any bonus that are declared during the tenure of a policy.

These term plans are called level term plans in industry parlance as the nominees receive the same level of death benefit if the worst comes to pass during the tenure of the term policy.

The monthly income from these plans may start during the tenure of the policy payment period or after when the premium payment period ends.

you may change your nominee or the percentage of nomination during the tenure of the retirement plan You have to submit the duly filled and signed Policy Servicing Request Form along with the original policy document at any HDFC Life bPolicy Servicing Request Form along with the original policy document at any HDFC Life bpolicy document at any HDFC Life branch.

A term plan pays a benefit only if the insured dies during the tenure of the policy.

Secondly, the plan offers an assured premium return, which means total premiums paid during the tenure of the policy are paid back to the policyholder.

Like LIC Market Plus plans without cover, investors could move from one fund to another during the tenure of their LIC Market Plus 1 policy

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee

Term insurance is the simplest form of life insurance plan that offers comprehensive life coverage over a period of time and in case the insured person dies during the tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.

On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.

This hospital daily cash benefit will be paid once by the insurance company during the tenure of your policy, and can be used for certain number of days as mentioned in your health insurance plan.

Along with the death benefit offered to group members during the tenure of the policy, the plan also offers many more additional benefits like:

Anytime during the entire tenure of the policy if the insured wants to change its financial priorities then the plan provides an option of unlimited free switches under which then he / she can change their financial plan with a facility of unlimited free switching.

Child plans offer the benefit of waiver of premium, doing away with the premium obligation if the policyholder parent expires during policy tenure.

In case if you die during the tenure of your plan, the nominee as per stated in the documents of the policy will be able to receive tax - free cash payouts of a predetermined amount.

If a policyholder of the Amulya Jeevan II Plan meets with death during the tenure of the policy, then it may apply to the beneficiaries or nominees of the policyholder the sum assured by the policyholder.

Such plans enable your family members to repay the remaining debt amount in case of your untimely death during the policy tenure.

Money Back Insurance Plans is basically a variant of the Endowment Plans where a part of sum assured is paid at regular intervals during the tenure of the policy.

Term Cover: It refers to the tenure of a term insurance plan wherein the sum assured is only paid to the nominees if the policy holder passes away during the plan tenure.

Buy a plan which waives off the premium for the remaining policy term if the policyholder dies during the tenure of the policy.

In case the applicant passes away during the tenure of the child plan, certain insurers offer the benefit of premium waiver or self - funding of premium, thereby making it easy to continue the policy without burdening the family member for premium payment.

The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term) till policy maturity and also pays lump sum amount at the time of maturity (or) on death of the policyholder (during the policy tenure).

During the tenure of the plan, if the life insured is diagnosed with any of the above critical illness, then the premium for the remaining policy tenure is waived off.

Shriram New Shri Raksha Plan is a non linked participating plan which offers double insurance cover during the tenure of the policy.The plan offers protection during the policy term, at maturity and also after the completion of the policy term to provide comprehensive coverage to the customer and his famPlan is a non linked participating plan which offers double insurance cover during the tenure of the policy.The plan offers protection during the policy term, at maturity and also after the completion of the policy term to provide comprehensive coverage to the customer and his famplan which offers double insurance cover during the tenure of the policy.The plan offers protection during the policy term, at maturity and also after the completion of the policy term to provide comprehensive coverage to the customer and his famplan offers protection during the policy term, at maturity and also after the completion of the policy term to provide comprehensive coverage to the customer and his family.

I have concluded that I should go with Aviva i - Life plan but still confused if something happens to me during the tenure of the policy, will Aviva people provide the Sum Assured to my family or not.