Sentences with phrase «proportion of life insurance cover»
However, the user can change the proportion of life insurance cover between two components as per his / her requirements at the time of buying the product with both the components not being less than Rs. 10 lacs each.
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At fixed intervals during the period of the policy the life insurance company gives back a fixed proportion of the cover amount (sum assured) to the policyholder along with accumulated bonuses (if available) which are paid on maturity.