Sentences with phrase «premiums under the policy»

The cash value increases every year as you pay the premiums under these policies.
Sum Assured plus Vested Bonus plus Terminal Bonus, if any, if you have paid all due premiums under your policy.
If all the premiums under the policy are paid up to date, at maturity, the sum of all mortality charges (Life Cover charges), including mortality on Top - up SA, if any, deducted during the policy term will be added to the Fund Value.
Kindly check if there is any «grace period» to pay renewal premium under the policy.
For a regular premium policy, the premium will remain the same as the existing premium under the policy and will be paid during the extended period.
Goods and Service Tax will be collected over and above the premium under the policy.
The minimum annual premium under this policy is Rs. 1.5 Lacs in case of the single pay option and Rs. 50,000 in case of the limited pay option.
the remaining premiums under this policy would be waived off, while the other insurance benefits will continue.
2) The entire future premium under the policy will be waived off and the policy will continue along with its all remaining benefits.
If you have paid all due premiums under your policy, you will receive the Survival Benefit as Money Backs on each due date and the Maturity Benefit on the maturity date.
Content Insurance (Applicable for Section A): The Policy also provides for home content insurance up to Rs 15,000 against burglar and fire and allied perils is taken by all the Parents for the benefit of the Child undergoing studies at no additional premium under the Policy.
In cases of «Money Back Policies», these documents are not asked for; provided the premiums under the policy are paid till the date of the anniversary.
All future outstanding premiums under the policy will be waived.
Waiver of all future premiums under the policy.
In case of accident that leads to a total permanent disability, all the future premiums under the policy will be waived, and the policy will continue.
You can, decrease any or all of the risk covers within the specified limit once in a year during the Policy term, provided all due premiums under the Policy have been paid.
In case of accidental disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit sum assured will be paid in monthly instalments spread over 10 years or up to death or maturity, if earlier, and all future premiums under the policy will be waived.The disability should be total and the life assured is not able to carry out any work to earn his living.

Not exact matches

Premiums that are higher than those in the baseline projections would tend to boost the budgetary savings under this policy by increasing the estimated per - person savings from people no longer enrolling in nongroup coverage.
In 2013, FHA revised its mortgage insurance premium policy so that all new FHA mortgages with down payments under 10 % have to pay mortgage insurance premiums for the whole loan term.
Therefore, curve flattener reflects the consensus bearish volatility view where asset prices continue to boom under policy accommodation, while curve steepener expresses a bullish volatility thesis where higher term premium (as a result of «quantitative tightening») would reverse policy - induced private capital displacement and «financial adventurism.»
Under the current policy, employee premiums were rising each year by 5 cents per $ 100 earned.
Under the agreement Suncorp retains 70 per cent of policy premiums, coverage limits and losses and reinsures the remainder.
schools have been criticised for not updating their sites with information required under the School Information Regulations (2012), including details about how pupil premium funding is being used and the school's behaviour policy.
Waiver Premium Rider The monthly premium specified under the rider is credited to the policy if the insured becomes totally disabled for at least 6 months before age 65.
In fact, according to the Insurance Information Institute, under most standard auto policies, gap insurance with collision and comprehensive coverage adds about $ 20 to a yearly premium.
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A workspace must qualify for a home office deduction and be covered under a person's homeowners insurance policy in order for them to write off any portion of their premiums.
3) Bharti AXA Life Premium Waiver Rider (UIN: 130B005V03): Under this rider in case of the unfortunate event of death, Total Permanent Disability or critical illness (in case of Policyholder) and Critical Illness (in case of Life Insured) the future premiums are waived off and the benefits under the policy will contUnder this rider in case of the unfortunate event of death, Total Permanent Disability or critical illness (in case of Policyholder) and Critical Illness (in case of Life Insured) the future premiums are waived off and the benefits under the policy will contunder the policy will continue.
Under Vested ROP, a vested percentage of premiums will be paid if you decide to surrender the policy.
Waiver of Premium Rider The monthly premium specified under the rider is credited to the policy if clients become totally disabled for at least 6 months before age 65.
Under current federal tax rules, you generally may take federal income tax - free withdrawals up to your basis (total premiums paid) in the policy or loans from a life insurance policy that is not a Modified Endowment Contract (MEC).
Premium Waiver rider (UIN: 130B005V03): 100 % of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.
Survivorship Builder is a flexible premium indexed universal life insurance policy that covers two lives under a single policy.
It has a tax deduction benefit under section 80C up to Rs. 1lakh p.a, however, the this has a tax reduction only once wherein a regular premium policy will have deductions continuously.
Under current tax law, you can not use your HSA to pay your combination long term care life insurance policy premiums.
Items of high value: Expensive valuables may not be covered under your renters insurance policy, like antiques, art or jewelry, vintage family heirlooms, a rare autograph collection, premium appliances, etc..
For example, under a typical 30 - year ROP term policy, the cash available to the insured would approximate 50 % of the premiums paid by the end of the 20th year and 100 % of the premiums paid by the 30th year.
Under current tax law, hybrid long term care life insurance policy premiums are not tax deductible.
The key risk for these kinds of policies is usually under - funding resulting from a lack of discipline in paying premiums and having the policy reviewed, thus resulting in the policy lapsing.
Expensive items - such as jewelry, antiques, collectibles or premium electronics — are typically covered under a renters insurance policy, but only up to a certain dollar amount.
insurance premiums where, under the policy, your loan will be paid out in the event that you die, become disabled or unemployed (this is a private expense)
Lapsed is a policy status under which all benefits of the policy stops due to non-payment of the premium due within the grace period.
The premium payment on Life insurance policy can be claimed as a tax deduction under section 80c.
The policyholder under some policies can have the option at some point to switch his or her dividend option to reduce or pay premiums in full.
While most insurers are vague about the conditions surrounding premium increases due to at - fault accidents, Wawanesa clearly outlines the circumstances under which your auto insurance policy will be affected so that there are no surprises and ambiguity.
On the other hand, claims made under the comprehensive coverage of your policy, such as windshield damage from rocks or other airborne objects, do not impact premiums.
On the other hand, if you find yourself under a financial strain, you can reduce your premiums, or you may even be able to deduct premium payments from the cash value of the policy.
What might come standard under one policy will be added for a premium under another.
Some discounts available include multiple policy bundling discounts, protection devices, premium paid in full, mature homeowners and renters, 100 % replacement cost, under construction dwellings, renovated homes or seasoning dwellings.
However, because you do not have to qualify, premiums are typically higher than what a healthy person would pay for the same amount of coverage under a policy that went through medical underwriting.
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