Sentences with phrase «policyholder under the tenure»

Not exact matches

The Policyholder can opt for this Rider either at inception along with Base Policy or at any Policy Anniversary under the Base Policy during its tenure.

The policyholder may additionally choose the disability benefit option under which, in case of death or disability of the insured during the tenure of the plan, the aggregate of all future premiums is paid which can be availed immediately in lump sum or can be invested in the fund where it will attract market linked returns.

Under the second option, Option B, in case of death of the insured during the tenure of the plan, 30 % - 80 % of the Sum Assured can be availed by the policyholder as per his choice and 110 % of the balance amount is paid over a period of 5 years in monthly instalments.

The rider states that if the parent who is the policyholder and life insured under the plan dies during the tenure of the plan, all future premiums payable under the plan will be waived and paid for by the company.

Yes, HDFC Life Critical Illness Plus Rider is available under the plan which covers 19 critical illnesses and pays an additional Sum Assured if the policyholder is diagnosed with any of the covered illnesses during the plan tenure.

There are various benefits available under this plan which a policyholder can enjoy only after finalizing the insurance contract but it should be during the tenure of the insurance.