Sentences with phrase «regular premium plan»

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.

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

The maximum sum assured limits stated above are based on the sum under consideration i.e. rated up sum assured during last two full years under regular premium plans.

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

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

For regular premium plans, death benefit is higher of the sum assured or 10 times the annual premium.

In case of regular premium plans, you will get the tax benefit every year since you are paying premium every year.

The minimum premium for regular premium plan is Rs. 20, 000 for yearly mode and Rs. 15, 000 for half - yearly mode

In case of a regular premium plan, you can pay premiums yearly, half yearly, quarterly or monthly.

Premiums can either be paid in lump sum at commencement under the single premium plan option or regularly for the entire duration of the term under the regular premium plan option in this HDFC term plan.

Depending on the insurance policy you select, you can opt for the single premium plan or the regular premium plan.

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

Child plans are regular premium plans, wherein premium is paid for limited period or throughout the term of the policy.

of years under «limited premium» or a regular premium plan.

However, while you are planning to buy a regular premium plan, you should consider buying it only when you have a steady flow of income to pay the premiums regularly.

HDFC Life Pension Plus: It is a regular premium plan that builds a corpus for a better post retirement life.

HDFC Life Pension Super Plus is a regular premium plan, whereas HDFC Life Single Premium Pension Super is a single premium plan.

Yes, grace period is allowed in regular premium plans.

The commissions for non-single premium insurance plans (regular premium plans) are much higher.

Regular premium plans may pass this criteria but some single premium plans may not meet this criteria.

If you were to buy a regular premium plan for Rs50 lakh coverage till the age of 75 years, that would cost about Rs9, 500 per year and would leave you with a much larger amount of money to invest.

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

Besides, there are complaints that agents do not explain the difference between single premium and regular premium plans, which results in high lapse rates.

For regular premium plans the premium is lower compared to limited premium plans.