Sentences with phrase «policyholder during»

In case of unfortunate death of the policyholder during the policy term sum assured will be payable to the nominee.

No change of option and the RMI term can be exercised by the Master policyholder during the entire term of the policy.

In case of death of the policyholder during the policy period, the dependants receive the sum assured.

Also, the survival benefit paid during the survival of the policyholder during the policy term is not deducted from the amount paid on death.

After searching on the internet Jayant realized that a term insurance policy is a traditional life insurance plan which provides financial protection for the family of the policyholder in case of death of the policyholder during the policy term.

After death of the policyholder during the policy term, the policy is terminated after paying the sum assured as a death benefit to the nominee.

Term plans offer death benefit which is equal to the sum assured opted, by the policyholder during the policy term.

In case of death of the policyholder during the guaranteed payout period, annuity is payable to the nominee.

On the death of the policyholder during the policy term, the death benefit is payable to the nominee.

The plan provides for annual survival benefits from the end of the premium paying term till age 99 and a lump - sum payment at the time of maturity or on death of the policyholder during the policy term.

If an unfortunate event of death occurs to the policyholder during the policy term the nominee receives a sum assured also known as death benefit.

The amount which is payable to the policyholder during the maturity time is the Maturity amount.

In case of death of the policyholder during this period, the beneficiary is entitled to the sum assured.

In case of death of the policyholder during the policy term, the beneficiary receives this amount.

This plan provides annual survival benefits at the end of the completion of premium payment up to 100 years of age and a maturity lump sum amount at maturity of term or death of the policyholder during the term.

If the there's an unfortunate demise of the policyholder during the policy tenure, his nominee receives the entire sum assured.

From an insurance perspective, this is a type - 1 Ulip: on death of the policyholder during policy term, insurer pays higher of the fund value or the insurance cover subject to a minimum of 105 % of the premiums paid.

This is a type - 1 Ulip: on death of the policyholder during the policy term, the insurer pays higher of the fund value or the insurance cover.

On the event of death of the policyholder during the policy term, the beneficiary will receive the amount chosen at the time of choosing the policy.

In case of unfortunate demise of the policyholder during the term of the policy then the nominee receives the Sum assured and any Loyalty Additions.

This scheme caters to annual survival advantages from the end of the payment term of premium until maturity and payment of lump sum at the maturity time or on the demise of the policyholder during the term of the policy.

Death Benefit: In case of sudden demise of the policyholder during the tenure of the policy, the Sum Assured at the time of Death along with the acquired Bonuses are paid to the person nominated by the policyholder.

In case of demise of the policyholder during the term of the policy, then the death benefit which is equal to the summation of «Sum Assured on Death», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficiary.

When the policyholder during the endowment plan term, provided the SBI Shubh Nivesh is still active.

Under the single life option of the plan, the Sum Assured is paid to the nominee in case of death of the policyholder during the term of the plan

In consideration of nominal premium amount, it provides a death benefit in the form of guaranteed Sum Assured to the dependants upon the demise of the policyholder during the policy tenure.

In case of the unfortunate event of death of policyholder during the income benefit period, the remaining payouts will be made to the nominee.

So, if funds are needed by a variable life policyholder during his or her lifetime, these plans will typically allow the individual to either withdraw or borrow cash from the investment component of the policy.

Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till demise.

In the event of death of term insurance policyholder during policy term, the beneficiary can claim death benefits from the insurance company.

The maximum limit of liability payable by an insurance carrier on behalf of a policyholder during any given policy period

In the case of death of the policyholder during the policy period, the insurance company pays a death claim equal to the Sum Assured or Death Benefit.

In India, the word term insurance refers to a policy that provides financial cover by assuring an amount for the life of a person who is the policyholder during a specified interval of his life (called the term).

So, if funds are needed by a variable life policyholder during his or her lifetime, these plans will typically allow the individual to either withdraw or borrow cash from the investment component of the policy.

As a living benefit, any cash value may be drawn upon by the policyholder during their life.

Car insurance is a deal between the insured and the insurance company that covers the policyholders during a financial crisis, on the payment of a yearly premium.

Online travel insurance policies safeguards travel insurance policyholders during medical exigencies due to sickness and accident.

Retain 85 % of policyholders during annual renewal period, process applications, endorsements, cancellations and claims, prepare necessary paperwork to process renewals, pursue continuing education and training programs to continue professional development, managed approximately 200 policy renewals each year, research coverage and premium options and supply clients with the best coverage available, promote client retention through high - quality service and follow through, present account proposals in a professional and timely manner.

Retain 85 % of policyholders during annual renewal period, process applications, endorsements, cancellations and claims, prepare necessary paperwork to process renewals, pursue continuing education and training programs to continue professional development, managed approximately 360 policy renewals each year with premium of approximately $ 1,820,000, research coverage and premium options and supply clients with the best coverage available, promote client retention through high - quality service and follow through, present account proposals in a professional and timely manner.

Not exact matches

Unfortunately, the tech mishmash was also making it hard for MetLife to talk to policyholders, many of whom call the insurer during times of crisis.

Researchers pointed out that high bills during that time period could reflect policyholders paying off their plan deductible before coverage kicks in.

Nearly every insurer raises rates for drivers that have had a «lapse in coverage», meaning policyholders who had no auto insurance in place for a period of time following a period during which you had insurance.

It allows the insurer to make sure the information provided to them during the application process is true and wasn't misrepresented in favor of the policyholder.

She says that lower payouts during a policyholder's lifetime would mean a higher death payout.

Although the dividends are not guaranteed, most of the companies that pay dividends have not missed paying participating policyholders dividends in over 100 years, even during the Great Depression.

If the policyholder dies during the term — and he or she has paid the premiums on time and the policy is in good standing — the beneficiaries listed in the policy will receive a death benefit.

Term life insurance is more straightforward: you purchase a policy for a set term, and if the policyholder dies during that term, the beneficiary receives a death benefit.

They usually hire outside counsel to administer the examination, during which they ask the policyholder questions and ask them to bring forward documents and receipts proving ownership of the property claimed.

Many of the top mutual companies have paid dividends for over 100 years, paying dividends to policyholders even during the Great Depression, and more recently during the Great Recession.

Grossman said companies frequently hire outside counsel to administer the examination, during which they ask the policyholder questions and to bring forward documents and receipts.