Sentences with phrase «policy inception»

In case of suicide committed within 12 months of policy inception only premiums paid are returned to the nominee.

Risk strategy chosen at policy inception can not be changed thereafter.

In case of suicide committed within 12 months of policy inception only 80 % of premiums paid are returned to the nominee.

If you've had the pet longer than 18 months, then the collected medical records will date back 18 months prior to policy inception through any applicable waiting periods.

Guarantee is applicable only when - From date of policy inception o the date of death of insured, the policy should have completed 2 years.

In case of suicide committed within 12 months of policy inception l only 80 % of premiums paid are returned to the nominee.

It also provides no - claim benefits and covers pre-existing diseases after one year of no claims from the date of policy inception with the company.

Under this plan you have to choose the option at policy inception.

The interest is paid only if the policy has completed its 2 years from the date of policy inception to the date of death of the insured.

In case of suicide committed within 12 months of policy inception only 80 % of premiums paid are returned to the nominee if the Life Assured was aged more than 8 years.

Surrender Charge Typically applicable to adjustable life, indexed universal life, and variable universal policies, a generally declining schedule of charges against the cash value may be imposed on the policy for a certain number of years from policy inception if the policy is surrendered, the death benefit is reduced, or in some instances, the surrender charge is taken into account in the monthly calculation to determine if the policy is still in force.»

The process, especially for large face value policies, may require in - depth examination by the carrier to ensure that the death of the insured did not fall under a contract exclusion, such as suicide (usually excluded for the first few years after policy inception) or death resulting from a criminal act.

Claim with respect to any Critical Illness diagnosed or which manifested prior to Policy Inception Date

Pre-existing conditions for which the insured person has received consultation or treatment before policy inception will not be covered till four policy years have passed

Typically applicable to adjustable life, indexed universal life, and variable universal policies, a generally declining schedule of charges against the cash value may be imposed on the policy for a certain number of years from policy inception if the policy is surrendered, the death benefit is reduced, or in some instances, the surrender charge is taken into account in the monthly calculation to determine if the policy is still in force.»

Alternatively, monthly income for a predetermined period can also be paid to the nominee in case of death if so chosen by the member on policy inception

Premium redirection facility is allowed from the second policy year to redirect future premiums into a different fund than that chosen at the time of policy inception under this SBI child plan

Option to increase your insurance cover upto twice the Sum Assured at policy inception depending upon the policy term.

Option I - Level Term Assurance: Where your sum insured chosen at policy inception remains the same till the end of the policy term.

This option is available for all plan options has to be opted for at policy inception and is subject to BAUP.

The Rider is available for Limited Pay & Regular Pay variants and has to be attached at Policy inception only.

Flexible Payout Option can only be chosen at inception of the policy

It's common to do so at policy inception, but be aware of what it could mean for your NC Renters Insurance rates in the future!

Two Policy Term & Premium payment term options: The product offers you the choice of two Policy Terms of 20 years and 25 years with premium payment terms of 10 years and 15 years respectively at inception of your policy

However, if your pet had cruciate problems on the same leg or the opposite leg 18 months prior to policy inception or during the waiting period after inception, then they are considered pre-existing and not eligible for coverage.

Francesca has experience advising insurers on insurance coverage, recent notable cases involved material non-disclosure at policy inception and declinature for breach of condition precedent.

This electronic notification provides the state with the driver and vehicle information, coverage limits, and policy inception and expiration dates.

A claim made before the policy inception date or after the expiration date is not covered.

When it comes to suicide committed within 12 months of policy inception, only 80 % of premiums paid are returned to the nominee.

Single Life Annuity for Life — A fixed amount guaranteed at the policy inception to be paid throughout.

Star health insurance company also provides coverage for pre-existing diseases after a waiting period of 11 months of policy inception.

In case of suicide committed within 12 months of policy inception or revival only 80 % of premiums paid are returned to the nominee.

Premium redirection facility from second year such that future premiums go into a different fund than that chosen at time of policy inception

In case of suicide committed within 12 months of policy inception or policy revival only 80 % of premiums paid are returned to the nominee and no Death Benefit will be paid under the LIC term plan.

If the life insured dies during the chosen tenure of this LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy

If the life insured dies during the term of this LIC online term plan chosen by him at the starting of the plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy

In case of death of the life insured during the chosen tenure of the LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy

If any expenses has been incurred before the policy inception or otherwise outside the period of insurance plan.

In case of suicide committed within 12 months of policy inception or policy revival only 80 % of premiums paid are returned to the nominee and no Death Benefit will be paid under this LIC term plan.

The accountant will complete the form based on your prior, current and interim financial statements and will make a liberal estimate of your future «Gross Profit» to ensure the sum insured is enough to pay losses at least two years from the policy inception.

In case of suicide committed within 12 months of policy inception or policy revival only 80 % of premiums paid are returned to the nominee and no Death Benefit will be paid under this HDFC life term plan.

If suicide is committed with 12 months of policy inception or revival, the Fund Value as on that date is payable

The following list of medical conditions are not covered by the Bharti AXA Health Insurance plans for the first two years from the date of policy inception: -

If the insured takes his own life within 12 months of the policy inception date, the beneficiary of the policy receives the 80 % of the premium paid.

For a single pay plan, 90 % of the premium paid is refunded, in case the insured commits suicide within 12 months of the policy inception.

If the insured commits suicide within 12 months of policy inception, the company only pays 80 % of the premium paid to the nominee

If the policyholder commits suicide within 12 months of policy inception, then only 80 % of the premium paid is repaid to the beneficiary.

If the insured commits suicide within 12 months of policy inception or revival, the company refunds higher of the premiums paid or the acquired Surrender value

If the policyholder commits suicide within the first 12 months of the policy inception or even renewal, then the Fund Value as on the date is payable to the policy beneficiaries.

For suicides within 12 months of policy inception, total premiums paid is returned to the nominee and if suicide is committed within 12 months of policy reinstatement, higher of total premiums paid or the acquired Surrender value is paid to the nominee