Sentences with phrase «premium plan»

There are numerous life insurance companies offering single premium plans for their customers.

This is covered under the term return of premium plan of the company.

This is a participating endowment regular premium plan with guaranteed educational benefits.

It is a single premium plan with a term of 5 years.

For very low premiums these plans offer very high levels of cover.

This is non participating single premium plan which offers assured guaranteed returns along with life cover to nominee after your death.

Senior citizens usually bear expensive medical costs and thus opt for higher premium plans.

Limited premium plans are suitable for investors who do not want to pay premiums continuously for a longer tenure.

A high deductible, low premium plan probably makes sense for you.

So, for all those who hate the fuss of premium payment, single premium plan also known as one time investment plans is like a surprise gift.

Charges however vary based on premium plan, size, frequency and mode of payment.

Return of premium plans cost more than a comparable standard term life insurance policy.

The 10 year, 20 year, and 30 year can be return of premium plans as well.

Grace period: In case the insured is not satisfied with his monthly premium plan then he is free to cancel it within 15 days since inception.

There are also premium plans available, which allow for multiple currencies and teams of users.

Other types of life insurance such as universal life policies, discussed above, offer flexible premium plans that may be more appropriate for those who need it.

I am looking to pay for the best premium plan.

Other, premium plans provide consumers with reports from all three agencies at regular points in time.

Second, a regular premium plan gives you the flexibility to discontinue the plan during the term of the plan.

If its a return of premium plan then you will get only 5 lakhs.

Or go in for regular premium plans from a best saving plan where one has to pay periodic premium where the frequency is determined as per one's convenience.

Another cost aspect of participating whole life is that these policies are fixed premium plans, so they should be deemed within the policy holder's budget.

Let us now check which one scores better — single premium policy or regular premium plan such as quarterly, half yearly, etc..

As a rule, the surrender value is generally more for single premium plans where the entire premium for the policy is paid at the beginning of the policy period.

While it is more difficult to find an affordable premium plan, there are some options open to you.

If, however, you choose a return of premium plan wherein the premiums paid are returned on maturity, the underlying premiums are higher.

The individual premium plan is among the most popular among individual investors.

With addition of compulsory coverage's, premium is all set to rise by 2.5 times higher than normal insurance premium plan for one year term.

For just a slightly higher premium these plan designs have influenced consumers to take advantage of the new plans.

The free version is severely limited, meaning you'll have to sign up for one of their pricey premium plans if you want to take full advantage of the service.

A person who will test positive for high - risk diseases may possibly have higher premium plans rather than another healthy individual who will not show any signs of medical issues.

The premium paying term will be same like that of a regular premium plan till the policy term or a single premium.

The single premium plan caters the rural and social sector customers.

Here's our pick of the 7 best single premium plan policies for the year 2013.

It is a single premium plan ideal for professionals and offers annuity on yearly, half - yearly, quarterly and monthly basis.

The extra amount you have to pay for a single premium plan becomes unavailable to you.

However, it is important to note that return - of - premium plans tend to have higher premiums as compared to the traditional term plans for the same sum assured and policy term.

You can cut your costs even further by sharing one premium plan with three of your closest friends.

So should you choose a high deductible, lower monthly premium plan, which entails more risk but could save you money if you never have to cash in your policy?

A good insurance broker or agent will be able to determine which companies offer no medical exam coverage and will also be able to compare the various coverage options and premium plans available.

Other types of life insurance such as universal life policies, discussed above, offer flexible premium plans that may be more appropriate for those who need it.

However, the return of premium plans gives survival benefits.

These plan terms usually low premium plans that accompany a large number of options to suit the insurance desires of consumers.

Another cost aspect of participating whole life is that these policies are fixed premium plans, so they should be deemed within the policy holder's budget.

This is a single premium plan where you pay a lump sum premium amount, and opt for a suitable annuity option as per your requirements.

Many of the return of premium plans pay back a percentage of the money paid after a certain number of years.

You might not want to pay for a high premium plan, but you'll hit your deductible quickly and save over the course of the year.

If it is single premium plan then the percentage of sum accrued is 1 % of the premium.

This is because the insurer can take higher risk in case of regular premium plans on account of continuous cash flows coming in.