Sentences with phrase «policyholder in a child plan»

The parent is the policyholder in a child plan.

Not exact matches

Under this LIC child plan, rebate is given in premium rates if the policyholder chooses to pay yearly or half - yearly premiums @ 2 % and 1 % respectively

The Life Stage Protection feature in this HDFC life term plan enables the policyholder to increase the sum assured at significant stages in one's life such as 1st marriage, birth of 1st and second child, etc. without having to run from pillar to post.

The Life Stage Protection feature in this HDFC life term plan enables the policyholder to increase the sum assured at important milestones in life like marriage, child birth, etc. without having to undergo a medical test for coverage enhancement

This LIC child plan policy will vest in the name of the child who is the life assured and will then become the policyholder on the policy anniversary following the completion of 18 years of age

When the term of the SBI child plan completes, the fund value in the fund account will be again paid to the policyholder's nominee

These plans provide for the child's future in the form of financial help in case of the policyholder's death.

Under this LIC child plan, the policy will vest in the name of the child who is the life assured and will then become the policyholder on the policy anniversary following the completion of 18 years of age

Child plans usually invest funds collected from policyholders in capital markets to earn a higher return.

However, in the event of sudden demise of the policyholder, the insurance provider discontinues the plan and pays the lump - sum to the child.

Even when the policyholder dies or lose their job because of permanent disability, the child can continue with education in the same vein without problems, thanks to the child insurance plan.

The child plan, however, would not only pay the lump sum, but would, in fact, continue to invest on behalf of the policyholder.

However, there are child insurance policies where in policyholders are allowed to make periodic or occasional withdrawals before maturity of the plan.

The policyholder has an option to choose from 4 available funds for investing the premium in this HDFC child plan.

For policyholders of HDFC child plans, Cashless facility is permitted in case of hospitalization or surgery.

HDFC child plan policyholders must attach all the relevant policy documents along with a duly filled surrender form at any of the branch locations in their city.

DHFL PramericaRakshak + is a traditional Endowment plan to take care of the child's future needs in case of the unfortunate death of the policyholder.

Exide Life Mera Ashirvad is a traditional child plan which safeguards the child's future even in the absence of the policyholder by creating a guaranteed corpus

In case of insured's / Policyholder's sudden demise, the policy entails the following benefits to take care of the unexpected emergencies and future planning of the insured's / Policyholder's child.

Term plan is ideal for an individual to protect dependents from any liability, such as a home loan, child education in case of death of the policyholder.

Child Insurance Policies can be market - linked allowing policyholders to invest in equities and debt or they can be traditional plans allowing investing in debt only.

Investing in a child plan can be a good idea since Child plans are self - funded investment options with the benefit of the insurer taking up the future payment options of the plan in case of the policyholder's dechild plan can be a good idea since Child plans are self - funded investment options with the benefit of the insurer taking up the future payment options of the plan in case of the policyholder's deChild plans are self - funded investment options with the benefit of the insurer taking up the future payment options of the plan in case of the policyholder's demise.

A child insurance plan has certain feature that make it an ideal choice for parents.So if the policyholder dies, all the future premiums are waived.Also, in the case of this eventuality, the company not only offers a lump sum but also continues investing the money on behalf of the deceased.

A child plan is designed to provide financial assistance to parents in fulfilling educational goals at different stages, even in case of the policyholder's death.

In that case, the term plan will pay the lump - sum amount and stop further investments but a Child Plan along with paying the lump - sum amount, continue investing on behalf of the policyholplan will pay the lump - sum amount and stop further investments but a Child Plan along with paying the lump - sum amount, continue investing on behalf of the policyholPlan along with paying the lump - sum amount, continue investing on behalf of the policyholder.

Riders like the family income benefit also help the child in case the family member who is a policyholder dies, before the insurance plan reaches term.

In general, the nominee in a child plan, the child receives two payouts from the insurer in case of the policyholder's who is the parent or the guardain's deatIn general, the nominee in a child plan, the child receives two payouts from the insurer in case of the policyholder's who is the parent or the guardain's deatin a child plan, the child receives two payouts from the insurer in case of the policyholder's who is the parent or the guardain's deatin case of the policyholder's who is the parent or the guardain's death.

In case of child insurance plans the child gets dual benefit if the Policyholder dies during the currency of the policy.

In the unfortunate event of death of the policyholder or parent invested in a child plan, future premiums are waived off while the child receives a lump sum beneficiary amount as life cover along with maturity cover benefits at the end of policy tenurIn the unfortunate event of death of the policyholder or parent invested in a child plan, future premiums are waived off while the child receives a lump sum beneficiary amount as life cover along with maturity cover benefits at the end of policy tenurin a child plan, future premiums are waived off while the child receives a lump sum beneficiary amount as life cover along with maturity cover benefits at the end of policy tenure.

In case the policyholder dies during the term of the plan, the policy continues, the nominee / beneficiary doesn't have to pay any further premiums and at the time of maturity, the sum assured and other benefits as promised in the insurance policy are paid to the chilIn case the policyholder dies during the term of the plan, the policy continues, the nominee / beneficiary doesn't have to pay any further premiums and at the time of maturity, the sum assured and other benefits as promised in the insurance policy are paid to the chilin the insurance policy are paid to the child.

The policyholder pays the premiums and aims to create a corpus by investing in the child plan.

These plans cover the life of the parent (policyholder) and ensure that in case of his / her death, the child gets the cover amount.

Nature of child plans is such that in the event of death of the policyholder, future premiums are paid by the insurance company.

Child insurance plan provides a lump sum amount on the unfortunate demise of the policyholder (parent / legal guardian), provided the policy is in - force.

This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder.