Sentences with phrase «policy inception under»

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

Not exact matches

Certainly, the urge to get women involved some 60 years ago can not be downplayed with the involvement of Dr. Nkrumah himself in affirmative action policies and appointment of women propaganda secretaries and organisers right from inception of his government, It is remarkable that parliament under the CPP in 1960 passed Representation of the People (Women Members) Bill into law which amongst others made it possible for women to stand for parliamentary elections unopposed and subsequently saw the election of first ten female parliamentarians into the first session of the first parliament.

The Policyholder can opt for this Rider either at inception along with Base Policy or at any Policy Anniversary under the Base Policy during its tenure.

Insurers can pay death benefit in installments over a definite period of time and at a defined rate of interest, as approved under the «file and use» procedure on the declining balance if such an option is provided at the inception of the policy.

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.

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.

In case the insured member commits suicide whether sane or insane, within 12 months from the policy inception date or from the date of inception of the member under the group insurance scheme, whichever is later, then higher of 80 % of the premiums paid or surrender value in respect of concerned insured member is payable to the nominee / beneficiary.

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

Option B - Income Protection Under this option, the Death Benefit shall be payable as Monthly Income (payouts made each month) to your nominee during the payout period as chosen by you at inception of policy.

The rider can be attached with our Group Term Life Insurance Schemes, provided 100 % of the members of the base policy are covered under the rider policy at inception.

Suicide exclusion under Death Benefit: - In case the insured member commits suicide whether sane or insane, within 12 months from the policy inception date or from the date of inception of the member under the group insurance scheme, whichever is later, then higher of 80 % of the premiums paid or surrender value in respect of concerned insured member is payable to the nominee / beneficiary.

Under the single pay option you can make lump sum payment at the inception of the 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

Under LIC Bima Bachat, in case suicide is committed within 12 months of policy inception, only 90 % of the single premium paid is returned to the nominee.

Premiums under the plan can be either paid for the entire duration of the plan under the Regular Pay option of premium payment or in one lump sum at the inception of the policy under the Single Pay option of premium payment.

In case of suicide committed within 12 months of policy inception or revival only 80 % of premiums paid are returned to the nominee under HDFC Click To Protect Plus plan.

DHFL Pramerica Unit Linked Accidental Death Benefit Rider is available under the plan which can be added at inception or at any time during the policy term

Under this plan the risk will commence immediately from the date of inception of policy.

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

If the entry age of assured is less than 8 years of, then the risk under this plan will begin either one day before the completion of 2 years from the date of inception or one day before the policy anniversary, immediately following the completion of 8 years of age.

If the Life Assured commits suicide for any reason whether sane or insane within 12 months from the date of inception of the Policy or within 12 months from the date of Revival / Reinstatement of the lapsed policy, the company will not be liable to pay the benefits under the policy other than what is specified Policy or within 12 months from the date of Revival / Reinstatement of the lapsed policy, the company will not be liable to pay the benefits under the policy other than what is specified policy, the company will not be liable to pay the benefits under the policy other than what is specified policy other than what is specified below:

Option I - Level Sum Assured: Under this option, the sum assured chosen by you at policy inception, remains constant throughout the entire policy term.

In case where the rider is not attached at the inception of the policy, but is added at a later Policy Anniversaries, the Rider Policy Term should be equal to the outstanding Policy Term under the Base Popolicy, but is added at a later Policy Anniversaries, the Rider Policy Term should be equal to the outstanding Policy Term under the Base PoPolicy Anniversaries, the Rider Policy Term should be equal to the outstanding Policy Term under the Base PoPolicy Term should be equal to the outstanding Policy Term under the Base PoPolicy Term under the Base PolicyPolicy.)

Under this plan the insured has to choose out of the following option at policy inception.

Under Free Asset Allocation Option, unlimited Top Up is allowed subject to underwriting and under Highest NAV Guarantee Fund Option, maximum Top Up allowed upto the Single Premium paid at policy incepUnder Free Asset Allocation Option, unlimited Top Up is allowed subject to underwriting and under Highest NAV Guarantee Fund Option, maximum Top Up allowed upto the Single Premium paid at policy incepunder Highest NAV Guarantee Fund Option, maximum Top Up allowed upto the Single Premium paid at policy inception.

Initial Waiting Period: A waiting period of 90 days from the inception date for all claims to be admissible, under this policy.

Policyholder at the inception of the policy, can opt any one of the three death benefit options available under this plan.

If the single pay life insurance policy is surrendered within two years since inception, the tax deduction allowed in the past under Section 80C will be considered as income of the policyholder in the year of surrender and applicable tax will be levied.