Sentences with phrase «policy under the same terms»

This means that, if you decide to leave the company, you'll be offered the option of converting your coverage to an individual policy under the same terms.

During the term period, you will have access to cash value that you can borrow from and you are able to convert to a permanent policy under the same terms as TermSmart described above.

This means that, if you decide to leave the company, you'll be offered the option of converting your coverage to an individual policy under the same terms.

This will allow you to cover two lives in a single policy under same terms and conditions.

Not exact matches

At the same time, a higher - level body charged with defining those policies (the so - called «Ad Hoc Working Group on Long - term Cooperative Action under the Convention ``, or AWG - LCA) hadn't even considered the matter because it was waiting for word on which methodologies worked best.

«Term cost» is simply the cost of a one - year term policy on the insured employee with the same death benefit, i.e., what it would cost the employee to buy the same amount of insurance protection for one year under a term policy.2 In some arrangements, the employee actually pays the term coTerm cost» is simply the cost of a one - year term policy on the insured employee with the same death benefit, i.e., what it would cost the employee to buy the same amount of insurance protection for one year under a term policy.2 In some arrangements, the employee actually pays the term coterm policy on the insured employee with the same death benefit, i.e., what it would cost the employee to buy the same amount of insurance protection for one year under a term policy.2 In some arrangements, the employee actually pays the term coterm policy.2 In some arrangements, the employee actually pays the term coterm costs.

Comprehensive long - term care insurance policies come under the same rules as the two above mentioned policies.

The annually Renewable Term Life policy is a foundation for longer - term policies, which basically operate under the same principles but allow variatiTerm Life policy is a foundation for longer - term policies, which basically operate under the same principles but allow variatiterm policies, which basically operate under the same principles but allow variations.

Additional insured status does not give the same rights under the policy terms as a «named insured» or «insured» and these are technical distinctions that need to be reviewed with your local insurance agent.

In comparison, a maximum term policy under LIC Bima ensures a death benefit of Rs. 16 lakhs at most, for the same yearly premium.

The premiums for a term life policy should stay the same for the entire term, but they may decline under a decreasing term policy.

It remains in force until the expiry of the policy and may renew under the same terms and conditions as the rest of your policy.

Your existing auto insurance policy is automatically renewed at the end of the term under the same conditions.

Mrs Sharma is surprised to know about portability through a friend who describes it as a provision implemented by IRDA that allows the policyholder to switch over to a new insurance service provider under the same terms those exist under the present policy.

As under joint term insurance plan, both husband and wife are covered under the same policy, it is easy to keep track of the plan.

Premium paying terms are same as under base plan, where regular premium policies range between 5 - 35 years.

Short term life insurance policies often have the option of being renewable, meaning each year (or 5 years, depending on the term) you essentially purchase a new policy with the same insurer, under the same terms.

Under the same, on survival of the Pensioner during the policy term of 10 years, pension in arrears (at the end of each period as per mode chosen) shall be payable.

Policy term is same as under base plan, where regular premium policies are for 5 to 35 years and limited premium policies are for 10 to 35 years.

As long as you're under the age of 70, the convertible term life insurance policy can be converted into a permanent option and the premiums will remain the same from the first day to the last.

You can use this payout in purchase a Single Premium Deferred Pension Plan, commuting the maturity proceeds or extending the term under the same policy.

Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.

A healthy 40 - year - old could expect to pay about $ 77 per year for a $ 50,000 term life insurance policy; the same amount of coverage under a «credit life» policy would cost $ 342 per year.