Sentences with phrase «premium apportionment»
Miscellaneous Charges: Each alteration request of premium mode, premium apportionment, change in premium paying term or decrease in sum assured attracts a charge of Rs 100, subject to a maximum of Rs 200.
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The premium apportionment to any fund should be at least 5 % and at any time, you have the flexibility to alter the proportion of premium invested into the funds.
Miscellaneous Charge: Rs 100 per transaction is levied towards alteration of premium payment term, premium payment frequency & change of premium apportionment.
The minimum premium apportionment to any fund is at least 5 %.
Not exact matches
In the above example, when Mr. Rajesh pays his renewal premium next year, the fund apportionment / allocation will be the same as his original apportionment that he had requested at the time of purchase (ie.
Premium apportionment is used to modify the allocation proportion of future premiums to various funds.