Sentences with phrase «policy year of death»

In the event of the demise of the life insured, the nominees receive 12 times of the monthly income benefit in the policy year of death will be paid as lump sum immediately.
In case of your death during the policy term, the increased monthly amount corresponding to the policy year of death will start getting paid to your nominee and this amount will still continue to increase every year for the period till you would have attained 60 years of age or for 120 months from date of death, whichever is higher.
On death, the purchase price is returned entirely if the policy year of death is 30 years or less otherwise the purchase price less the annuity payouts already made are returned to the nominee
In case of your unfortunate demise during the policy term, your family will receive Death Sum Assured * + Accrued Guaranteed Additions + Accrued Reversionary Bonuses (including any guaranteed addition and bonus pertaining to policy year of death) and terminal bonus, if any and the policy gets terminated immediately.
Where the mode of premium payment is monthly, the outstanding premium instalments for the remainder of the policy year of death are deducted from the Death Benefit.

Not exact matches

In addition, pursuant to our outside director equity compensation policy, in the event of the termination of a non-employee director's service to the Board as a result of death, disability or retirement, all of the non-employee director's equity compensation awards will become fully vested, provided that the non-employee director served as a member of the Board for at least three years prior to the date of termination and the non-employee director satisfied our equity ownership guidelines during his or her service as a Board member.
In this case, you would probably want to consider a guaranteed universal policy, since it provides a death benefit until 121 years of age (or whatever age you choose).
No medical exam life insurance policies usually have no waiting period, but the company will investigate the circumstances of your death if it occurs during the first two years of coverage.
With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.
At a conference on transplantation last year sponsored by the American College of Legal Medicine, Thomas Starzl endorsed a policy of presumed consent, which allows physicians to retrieve organs unless the deceased opted out by specifically stating an opposition to organ donation prior to death.
According to Davison Budhoo, an economist who had worked with both the World Bank and the IMP before he quit the latter in protest against its policies, on the basis of the figures released by UNICEF, it is estimated that those policies led directly to the death of 70 million children under 5 years in the Third World between the years 1982 - 1990 and indirectly to the destitution and impoverishment of several hundred millions more 8.
Fox tells the story from beginning to end: childhood in the German - American parsonage; nine grades of school followed by three years in a denominational «college» that was not yet a college and three year's in Eden Seminary, with graduation at 21; a five - month pastorate due to his father's death; Yale Divinity School, where despite academic probation because he had no accredited degree, he earned the B.D. and M.A.; the Detroit pastorate (1915 - 1918) in which he encountered industrial America and the race problem; his growing reputation as lecturer and writer (especially for The Christian Century); the teaching career at Union Theological Seminary (1928 - 1960); marriage and family; the landmark books Moral Man and Immoral Society and The Nature and Destiny of Man; the founding of the Fellowship of Socialist Christians and its journal Radical Religion; the gradual move from Socialist to liberal Democratic politics, and from leader of the Fellowship of Reconciliation to critic of pacifism; the break with Charles Clayton Morrison's Christian Century and the inauguration of Christianity and Crisis; the founding of the Union for Democratic Action, then later of Americans for Democratic Action; participation in the ecumenical movement, especially the Oxford Conference and the Amsterdam Assembly; increasing friendship with government officials and service with George Kennan's policy - planning group in the State Department; the first stroke in 1952 and the subsequent struggles with ill health; retirement from Union in 1960, followed by short appointments at Harvard, at the Center for the Study of Democratic Institutions, and at Columbia's Institute of War and Peace Studies; intense suffering from ill health; and death in Stockbridge, Massachusetts, in 1971.
However, when it comes to child protection, routine engagement with fathers and father - figures has seemed a distant ideal: safeguarding policy has repeatedly failed to identify this as an issue despite the fact that Serious Case Reviews over a twenty year period (most recently the Ofsted Serious Case Review summary of 46 cases, as well as both of the Baby Peter Serious Case Reviews) have found failure by practitioners to engage with the men in children's lives to be a major factor in child abuse and deaths.
On a side note, in 1999, the AAP's issued a stern policy on Youth and Trampolines for parents, parks and schools after a high number of injuries and six deaths over a 9 year period.
Experience in Oregon in the USA where assisted dying has been legal for 15 years shows that the law works safely and that dying people take comfort from having the «insurance policy» of the choice of an assisted death, whether or not they actually use the law.
His death comes after years of destructive government policies, leaving a desperate situation affecting every community, writes the Labour MP Neil Coyle
De Blasio and incoming NYPD commissioner James O'Neill said Tuesday they would examine the city's policy on the matter after POLITICO New York reported that Officer Daniel Pantaleo boosted his salary by more than 20 percent in the two years since he was placed on modified duty following his role in the 2014 death of Eric Garner.
It is to be hoped that as a result of this policy, come 2015, a UK government will no longer turn a blind eye to the obscenity of the preventable deaths each year of those who can not afford to pay for the unreasonable profits of energy company executives and their shareholders.
In South Africa, the researchers found that, for any given level of budget cutting, policies that delay the presentation of the healthiest patients to care would do the least harm in terms of deaths, years of life lost and new HIV transmissions.
«Similar alcohol tax increases implemented across the country could prevent thousands of deaths from car crashes each year,» said Alexander C. Wagenaar, Ph.D., a professor in the department of health outcomes and policy at the UF College of Medicine.
The results of the study by Marc Baguelin and colleagues from the London School of Hygiene & Tropical Medicine in the UK, Public Health England, and Athens University of Economics and Business, show that the current flu vaccination policy that targets people aged 65 years and over and also those in high risk groups has reduced the number of flu infections and associated deaths in these groups over the past 14 years.
The current influenza (flu) vaccination policy in England and Wales should be expanded to target 5 to 16 - year - olds in order to further reduce the number of deaths from flu, according to a study by UK researchers published in this week's PLOS Medicine.
«Although we did not find the overall traffic - related fatality rate to predict policy adoption, the size of the population ages 15 to 24 years — the group most at risk for death and injury from impaired driving — was associated with first time policy adoption, suggesting that states might be initially more receptive to regulation when it involves protecting younger populations,» said study author Diana Silver, associate professor of public health at NYU Steinhardt and NYU College of Global Public Health.
«While science can teach us a lot about gun policy, research in this area is generally far behind where it is for most other causes of death that claim similar numbers of lives in the U.S. each year,» Morral said.
The new clean air policy package is estimated to avoid an extra 58,000 premature deaths, protect an extra 123,000 km2 of ecosystems from nitrogen pollution (more than half the area of Romania), and save 19 000 km2 forests from acidification by the year 2030.
Ghost is very much a film of its time, just as the also - Rubin - scripted Jacob's Ladder, from the same year, pinged off the cultural climate in another real, essential way by predicting not the death of the Eighties, but the transformation of the aggressive Eisenhower delusions of Reagan's voodoo cowboy foreign policy into the «history will teach us nothing» nihilism of the fast - digitizing, Luddite, Born - Again Nineties.
In a new publication, Quality Physical Education, Guidelines for Policy Makers, UNESCO urges governments and educational planners to reverse this trend, described by the World Health Organization (WHO) as a pandemic that contributes to the death of 3.2 million people every year, more than twice as many as die of AIDS.
The American Federation of Teachers also took action following the death of 25 - year - old Freddie Gray, forming a Racial Equity Task Force to outline how the union could move schools away from zero - tolerance policies, reform discipline practices, and create more supportive environments for youth, especially young black men.
The death of 14 - year - old Trevyan Rowe has shocked Rochester, and it has sparked calls for change in local school policy.
The release of Diane Ravitch's new book, The Death and Life of the Great American School System: How Testing and Choice Are Undermining Education, caused quite a stir in the education community because in it Ravitch does an about - face, criticizing the education policies she had fully supported over the years, including when she served as assistant secretary of education and counselor to Education Secretary Lamar Alexander from 1991 to 1993.
In a term life insurance policy, you pay an annual premium that covers the risk of death during that year.
The last reason an insurance company might not pay out the death benefit is if you commit suicide within the first two years of taking out the life insurance policy.
Once you complete the 10th Policy year, you will start receiving an annual payout until maturity or death of Life Insured, whichever is earlier, subject to policy being in Policy year, you will start receiving an annual payout until maturity or death of Life Insured, whichever is earlier, subject to policy being in policy being in force.
This means if you die within the first year or two of the policy (for example), you won't receive the full death benefit.
No medical exam life insurance policies usually have no waiting period, but the company will investigate the circumstances of your death if it occurs during the first two years of coverage.
This Non guaranteed benefit (as percentage of Sum Assured on Maturity) is paid out as a cash bonus every year starting from the 6th Policy year, until maturity or death, whichever is earlier.
In this case, you would probably want to consider a guaranteed universal policy, since it provides a death benefit until 121 years of age (or whatever age you choose).
Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custDeath Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit option selected by the customer.
A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.
A Guaranteed Acceptance policy can only be purchased between the ages of 50 to 85, and the policy's death benefit is limited for the first 2 years of coverage.
The fact that the cost of insurance rises as you age, and that there are some strategies for increasing death benefits and strategically managing the policy throughout the years to manage the various indexes and crediting options, means that it isn't simple.
But if you die while your policy is going through the initial funding period of 5 - 7 years, you will leave behind a larger death benefit.
A graded death benefit policy has quite high premiums and for the first couple of years the death benefit is equal to the premiums paid (or sometime double the premiums paid).
If your mom lives for at least two years, then the full death benefit of the policy will pay out.
Fifteen years ago, Alex purchased a participating whole life policy for the purpose of accruing cash value, planning for college funding and also securing a permanent death benefit for his family.
Lifestyle Income Solution — Starting at age 85, you can accelerate up to 10 % of the death benefit per year tax free up to your basis in the policy.
Policies with less than $ 1 million death benefit, if you're between the ages of 20 - 40 (for 15, 20, 25, and 30 - year term pPolicies with less than $ 1 million death benefit, if you're between the ages of 20 - 40 (for 15, 20, 25, and 30 - year term policiespolicies)
Thanks to the life insurance policy, your spouse can complete your financial goal, despite your death and the loss of those crucial working years.
i am 35 year old with a family of three, me, spouse and baby Policy term; 30 year life cover: 1,00, oo, 000 accidental death benefit: 63,00,000, Critical illness benefit 10,00,000 Total premium for this plan is 18,332.
Under IRC Section 2035, the death benefit of a life insurance policy can still be included in the owner's estate for three years if the policy is gifted to an Irrevocable Life Insurance Trust (ILIT).
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