Sentences with phrase «policyholders get a return»

That means the policyholders get a return of premium in the form of dividends.

That means the policyholders get a return of premium in the form of dividends.

Not exact matches

Usually, a travel insurance policy provides medical coverage for up to 180 days after travelers have returned home, and policyholders can get financial recovery for medical expenses that are incurred for the treatment of post-surgery infections within this period of time.

In a stock company, shareholders get the returns of profits and not the policyholders.

ICICI Pru Life Insurance is giving returns of more than 4.5 % and any regulation on putting a cap on the minimum guarantee on the return will only mean that the policyholders will be getting reduced returns from September 1, said a senior ICICI Prudential officer.

According to the agreement, the policyholder pays a premium amount for the term of the policy and in return gets a cover for a specific amount.

If this happens, the policyholder can get the premiums returned.

Policyholders of return of premium term life insurance are able to get back all of their premium payments if they live past the end of the policy term.

A term policy is a very cost - effective measure to save your family, even if the term insurance does not promise any significant returns and there is no other add - on and additional benefits for the policyholder as they get in the normal and regular life insurance covers.

Prospective policyholders want RETURNS on their insurance investments (don't like to say it as an investment) & most of the intermediaries also try to sell (mis - sell) traditional plans to meet the demands of their prospects and also they do get higher commissions.

Money Back Policy: Money back policy is a plan where policyholder gets a life cover against the death along with periodic returns on sum insured.

In return, the policyholder will get the fund value as on the date of the surrender.

Due to this lapse, policyholders do not get a clear picture of the possible returns.

These let the policyholder decide where to invest their money as per their investment preferences and saving plan needs, including the time frame they are looking to get returns.

These types of plans only cover the risk of death and on expiry of the Policy Term the policyholder does not get anything in return on survival.

Insurance companies are allowed by the regulator to illustrate the money that policyholders will get using 4 % and 8 % as gross investment rates of return.

Return of life cover Charges: This feature guarantees that a policyholder will get back the cost of the life cover when the policy matures.

Insurance21 Replied: 28-11-2017 19:13:06 In option 6, the purchase price is returned to the nominee of the policyholder in case of policy holder's death whereas in case of option 10, after policy holder's death his / her spouse starts getting same pension as long as he or she is alive and In case of spouse death nominee gets the purchase price returned..