Sentences with phrase «policy holder wants»

If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the Fund Value net of any discontinuance charge, if at least 5 years» premiums have not been paid, will be transferred to the Discontinued Policy Fund.

You want to surrender the policy — If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the fund value net of any discontinuance charge will be transferred to the Discontinued Policy Fund.

So, if policy holder wants, he can cover his spouse but he can not cover his children.

If the policy holder wants to extend the benefits to the entire family, a family floater plan with varying premium rate may have to be taken.

If a policy holder wants to surrender and encash the policy in between the tenure, it is possible, however the maturity amount will be based on the tenure of the policy and the amount has been paid against the policy until encashing.

But no free look cancellation policy is applicable if the policy holder wants that at the time of renewal.

When planning for a funeral insurance it is also important to consider specific details such as the type of burial the policy holder wants.

Well, today I will pull back the curtain and extinguish the curiosity that many life insurance shoppers and policy holders want to know, «So Mr. or Mrs. Agent, what type of life insurance do you have on yourself?»

A universal life insurance policy can help to meet the needs of policy holders wanting longer term life insurance coverage.

If the policy holder is having some doubts and there is a case of dissatisfaction, policy holder want to cancel the policy he or she buy then the insurance company will offer the refund of the premium amount that is paid.

∙ OPTION 2: If policy holder want to get 5 % of money back in 4 intervals between 20 to 24 year then he / she will get 75 % of basic sum assure + bonus + final additional bonus (if any) on maturity 25th year.

∙ OPTION 3: If policy holder want to get 10 % of money back in 4 intervals between 20 to 24 year then he / she will get 50 % of basic sum assured + bonus + final additional bonus (if any) on maturity 25th year.

No - those beneficiaries were named because the insurance policy holder wanted them there and chose them, no one can change them but that person.

Not exact matches

Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.

We want to make it transparent to our policy holders about where their money is being invested.

We want to alert our vacation rental policy holders that if they have incurred financial losses and have not received compensation by their vacation rental companies or property owners, they can submit a claim by visiting our website or by calling our dedicated hotline at 800-816-9454.

We understand the frustration that this is causing for many travelers and we want to ensure our policy holders that we are covering this event due to the mandatory evacuation that is still in place and has cancelled, interrupted, or delayed people's travel plans in the area.

Most insurance companies typically do not want to have a lawsuit on their hands, but companies will still try to offer policy holders the least possible amount that you are entitled to receiving in order to turn a profit.

As a policy holder of a guaranteed issue life insurance plan, you will also want to ensure that you have the ability to own your policy for at least 24 months.

No insurance want policy holders to have accidents, that is understood.

Policy - holders want to be sure they are covered for any unforeseen accidents.

For this reason though the policy holder may need to pay a higher premium for inflation protection in their insurance contract, they may consider it wise to do so because in the event of a claim they will want to ensure their standard of care is not compromised in the long - term.

This is of particular benefit to policy holders in that their premiums are a reflection of the risk that the insurance company is exposed to, and while no - one wants to pay higher premiums this can be balanced against the need to ensure that premiums actually provide the benefits set out in the policy rather than going unpaid if the insurer were to fall into insolvency.

Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.

Policy Termination or Surrender Benefit: In case the insurance holder wants to surrender the policy before completion of the first 5 years of the policy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is ePolicy Termination or Surrender Benefit: In case the insurance holder wants to surrender the policy before completion of the first 5 years of the policy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is epolicy before completion of the first 5 years of the policy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is epolicy term, then the plan will be ceased and the fund value will be transferred to the discontinued policy fund where a minimum 4 % per annum growth is epolicy fund where a minimum 4 % per annum growth is earned.

We understand the frustration that this is causing for many travelers and we want to ensure our policy holders that we are covering this event due to the mandatory evacuation that is still in place and has cancelled, interrupted, or delayed people's travel plans in the area.

«The renewable term life insurance was set to mature, and the policy holder may want to continue having the coverage.»

To avoid this possibility, the custodial parent may want to negotiate the need to be the named policy holder.

While it is important to consider both the tax implication and death benefit considerations when borrowing funds from a life insurance policy, there are many viable reasons why a policy holder would want to do so.

The money from a permanent life insurance policy's cash value can typically be used for any need or want for the policy holder, such as taking a vacation, paying off debts, supplementing retirement income, or even paying for a child's or a grandchild's future college education costs.

I work hard to advise my policy holders about their policy and help all of them to discover the protection they want.

You'll also want to know that the insurer has a reputation of paying out its policy holder claims in a timely manner.

And the insurance companies want to ensure that the policy holder is not going to be a liability to them.

Insurance regulator Irda said Ulip - holders will have to pay up to Rs 6,000 if they want to discontinue a policy within the first four years.

«The insurer simply does not want to pay so is making excuses», «my insurer took almost six months to settle my claim», «it was really cumbersome and painful to claim insurance», are some of those grievances expressed by policy holders when submitting a claim.

Ulip - holders will have to pay up to Rs 6,000 if they want to discontinue a policy within the first four years.

That is because you want to ensure that the insurer is secure and stable financially and that it has a reliable, positive name for paying out its policy holder claims.

If I set up an estate or Last will that indicates where I want things to go or who I want to inherit specific benefits, can that be done for my life insurance policy even if someone else is a lein holder on my policy and I don't want them to control it?

Policy holders may also choose to add an accelerated death benefit rider — with chronic and terminal illness provisions — if they want to customize their coverage further.

For those term policy holders that decide down the road they want to keep their life insurance, it is best to exercise the polcy's conversion option.

You will also want to make sure that the underlying insurance carrier is durable and stable from a fiscal standpoint, and that it has a good, positive reputation for paying out its claims to policy holders.

If the insurance holder is having some doubts and there is a case of dissatisfaction, policyholder want to cancel the policy he or she buy then the insurance company will offer the refund of the premium amount that is paid.

Free look means that as a new life insurance policy holder in Pennsylvania, you are entitled to really consider if you want to keep the coverage for ten days after your purchase your plan and sign all the documentation.

This is the right opportunity those who want the company to pay bumper to bumper damages without any additional cost borne by the policy holder.

Free look period: If the policy holder doesn't want to continue with the policy, he can cancel it by giving the reason of cancellation of policy.

Company is not responsible for the investment risk in this case as policy holder has the control to decide about where he / she want to invest.

If policy holder died, the nominee person will get the cover.otherwise you won't get any money.if you want to know more aboutyour query, just visit the bankbazaar.com

Limited tort attempts to address this cost factor, but does so with a trade - off that policy holders have to swallow if they want to take advantage of these reduced rates.

To get the most out of your auto insurance policy, get an auto insurance tune up at least once a year and make sure your policy performs the way it ought to so that it delivers the kind of coverage you want and need as a covered policy holder.

I take time to advise my policy holders about their policy and help them all to identify the financial services they want.