Sentences with phrase «policy year onwards»

The policy shall participate in profits from the 6th policy year onwards till the end of the deferment period and at such rates as may be declared by the corporation provided the policy is kept in force for full Sum Assured.

An inflation of 6 % is levied from 7th policy year onwards.

It is 0.10 % / 0.30 % of annualized premium for 1st to 5th / 6th policy year onwards, respectively.

Simple Reversionary Bonus will start getting declared and attached to all in - force Policies from sixth policy year onwards.

Policy Administration Charge: Policy administration charge is Rs 10 per month from 1st to 5th policy year, Rs 20 per month during 6th year and inflation of 4 % from 7th policy year onwards.

For single pay policies, surrender is allowed from the second policy year onwards.

Loyalty Addition in the form of additional units is payable every year from the end of 6th policy year onwards.

Policy Administration Charge: Policy administration charge is Rs 30 per month during the first 3 policy year and further, it is increased by 6 % per annum from 4th policy year onwards.

The premium allocation charge is 9 % / 7 % / 6 % / 3 % for 1st policy year / 2nd policy year / 3rd to 10th policy year / 11th policy year onwards, respectively.

The Premium Allocation Charge is 6 % / 5.5 % / 5 % / 4 % for 1st policy year / 2nd to 3rd policy year / 4th to 10th policy year / 11th policy year onwards, respectively.

The Premium Allocation Charge is 4.5 % / 5 % / 4 % of the annualized premium for 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.

From 16th policy year onwards, for limited & regular pay, the top - up premium of up to 5 times the annual premium is allowed and for single pay, no top - up premiums are allowed.

Policy Administration Charge: The Policy administration charge is 6.30 % / 3.15 % per annum during 1st to 5th policy year / 6th policy year onwards, subject to a maximum of Rs 6000 per annum.

Policy Administration Charge: The Policy administration charge is 0.50 % / 0.25 % per month during 1st to 5th policy year / 6th policy year onwards.

For Plan Option A, It is 95 % / 98 % / 100 % when surrendered during 0 to 3rd policy year / 4th to 10th policy year / 11th policy year onwards, respectively.

Partial Withdrawal is allowed from 6th policy year onwards and in case of minor lives, the life assured attains 18 years.

This charge is not levied from 8th policy year onwards.

For top - up premiums, the premium allocation charge is 1.5 % Policy Administration Charge: For Regular Premium pay policies, the policy administration charge is 4 % of annual premium charged from 2nd policy year onwards.

Policy Administration Charge: The Policy administration charge is 0.10 % / 0.05 % per month during 1st to 5th policy year / 6th policy year onwards, subject to a maximum of Rs 500 per month.

For Regular Premium payment policies (annual mode), it is 9 % / 2.5 % / 2 % for 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.

For regular pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.

When opted for other mode of premium payment, the premium allocation charge is 5 % / 4 % / 3.5 % / 3 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th & 7th policy year / 8th policy year onwards, respectively.

Policy Administration Charge: Policy administration charge is 0.25 % / 0.30 % of annualized premium per month for 1st to 5th policy year / 6th policy year onwards, respectively subject to a maximum of Rs 500 per annum.

For Plan Option B, the surrender value payable is 95 % / 100 % when surrendered during 0 to 3rd policy year / 11th policy year onwards, respectively.

The Premium Allocation Charge is 5.15 % / 2.50 % for 1st policy year / 2nd policy year onwards, respectively.

Increase or Decrease in Sum Assured is allowed from 6th policy year onwards.

For Regular Premium and Limited Premium payment policies, it is 8 % / 5.5 % / 5 % / 3 % for 1st policy year / 2nd to 5th policy year / 6th to 9th policy year / 10th policy year onwards, respectively.

For annual premium band of Rs 2,50,000, the premium allocation charge is 4.50 % / 4 % for 1st & 2nd policy year / 3rd policy year onwards, respectively.

A single premium policy can be surrendered anytime from 2nd policy year onwards.

Guaranteed Loyalty Benefit equal to 10 % of the Annualised Premium is payable at the start of year from 2nd policy year onwards during the Premium Payment Term.

Simple Reversionary Bonus is declared every year and the bonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwards.

It is 0.07 % of Single Premium per month increasing @ 5 % per annum on each Policy Anniversary from 6th policy year onwards.

For Limited / Regular Pay, the policy administration charge is 0.39 % per month of the annualized premium increasing @ 5 % per annum on each Policy Anniversary from 6th policy year onwards.

For regular / limited pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.

You have the option to Increase / Decrease the Sum Assured from 6th policy year onwards.

For Single Premium policies, it is 1.50 % / 0.75 % for 2nd to 5th policy year / 6th policy year onwards, respectively.

No Premium Allocation Charge is levied from 11th policy year onwards.

Partial Withdrawal is allowed from 6th policy year onwards wen the policy holder attains 18 years.Minimum Partial Withdrawal amount is Rs 10,000.

No charge is levied from 2nd policy year onwards.

The Guaranteed Surrender Value, during the first policy year is 70 % of the single premium and from second policy year onwards, it is 90 % of the single premium.

This plan provides a regular monthly payout from the 21st policy year onwards.

For five pay / regular pay (annual mode), the premium allocation charge is 4 % / 2 % for 1st to 5th policy year / 6th policy year onwards, respectively.

Loyalty Additions is 0.30 % / 0.50 % (of the average of the Fund Values including Top - up Fund Value in the same policy year) from 6th to 10th policy year / 11th policy year onwards, respectively.

For regular / limited premium, it is Rs 60 per month from 6th policy year onwards.

Simple Reversionary Bonus: You can avail Simple Reversionary Bonus from 6th policy year onwards at a rate, as declared by the Corporation.

This facility can be availed from the 2nd policy year onwards.

From 6th policy year onwards, Rs. 52.17 in 6th year and escalating at 3 % p.a. thereafter.

These bonuses accrue from the 1st policy year onwards, until death or maturity.

Premium allocation rate is 96 % / 99 % for 1st to 7th policy year / 8th policy year onwards, respectively.

200 % of the Basic Sum Assured is payable from 16th policy year onwards.