Sentences with phrase «rider policy being in force»

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in force.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in force.

This benefit is payable if the rider policy is in force as on the date of the death of the life assured.

Not exact matches

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - force.

This non-linked and regular pay insurance rider provides 100 % Sum Assured in case of death of the Life Insured due to an accident, subject to the rider policy being in - force.

This rider allows the policy owner to change the insured on the policy while it's in force.

The length of time (usually 31 days) after a premium is due and unpaid during which the policy, including all riders, remains in force.

Provides level - term insurance to age 25 on the insured's children who are listed on the original application and children born to or adopted by the insured while the policy and this rider are in force.

You should be aware of the different riders available to you before you choose your policy since most companies require the rider prior to your policy going in force.

The rider will offer all eligible children protection until the child's 25th birthday or the insured's 65th birthday — whichever comes first — as long as the policy is still in force.

If you're diagnosed with a terminal illness while your life insurance policy is in force, this rider enables you to collect all or part of the death benefit while you're still alive.

Available riders include Disability Waiver of Premium, Children's Term, Living Benefits Rider, and an automatic premium loan option which can take a small loan from the policy to keep it in force when payments are missed.

The conversion rider should allow you to convert the term coverage to any permanent policy the insurance company offers with no restrictions (i.e., having to convert by a certain age during the first five to 10 years that the term policy is in force, or limiting partial or multiple conversions).

This is a term life policy which includes a conversion rider: The rider guarantees you the right to convert an in - force term policy (or one about to expire) to a permanent policy without going through underwriting or proving insurability.

A No Lapse Guarantee benefit is effective at issue and guarantees the policy, including any level term riders, will remain in - force for five years, provided the minimum premium, underwriting and insurance requirements are met.

In order to be eligible to exercise this rider, the insured must be at least 75 years old, the policy must have been in - force for at least 15 years, the Death Benefit Option must be Option A Level, the policy must be in corridor, and the outstanding loan balance must be the smaller of 93 % of the policy value after monthly deductions or (100 % minus the OLPR charge percentage) of the policy value after monthly deductionIn order to be eligible to exercise this rider, the insured must be at least 75 years old, the policy must have been in - force for at least 15 years, the Death Benefit Option must be Option A Level, the policy must be in corridor, and the outstanding loan balance must be the smaller of 93 % of the policy value after monthly deductions or (100 % minus the OLPR charge percentage) of the policy value after monthly deductionin - force for at least 15 years, the Death Benefit Option must be Option A Level, the policy must be in corridor, and the outstanding loan balance must be the smaller of 93 % of the policy value after monthly deductions or (100 % minus the OLPR charge percentage) of the policy value after monthly deductionin corridor, and the outstanding loan balance must be the smaller of 93 % of the policy value after monthly deductions or (100 % minus the OLPR charge percentage) of the policy value after monthly deductions.

Even after claiming critical illness rider proceeds on a heart ailment, the policy as also the rider continues to be in force.

This return of premiums paid does not include any substandard charges (extra charges for health problems) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the life insurance policy period, if the life insurance policy is still in force at that time.

Some term life policies are available with a «Return of Premium» (ROP) rider that states if you keep the policy in force to the last day of the 20 year policy term, the insurance company will send you a check for the value of the premiums you paid in all those years.

The waiver of premium rider keeps the insurance policy in force by waiving the periodic premiums if the insured becomes disabled and is unable to pay the premium.

The waiver of premium rider is a type of disability insurance that provides that your insurance policy will remain in force if you become disabled and unable to pay your periodic premium.

The waiver of premium rider will keep the insurance policy in force without any premium payments for as long as the owner remains disabled, or until age 60 or 65, whichever is first.

Rider Sum Assured will be paid to the policyholder in 10 equal half - yearly installments wherein each installment amount will be equal to Rider Sum Assured multiplied by 10 %, provided the policy is in force (as on the date of occurrence of event) and the rider contract ceases after payment of the last installment.

This rider waives off all future premiums to keep the policy in force when you are incapacitated to pay the premium owing to physical disability.

The critical illness rider is only paid once during the term of the policy while the policy is in force.

The company will only return 80 % of the premiums paid excluding any taxes, extra premium and rider premium other than Term Assurance Rider, only if the policy is in force.

Disclaimer - * provided the base policy is In - force and all due premiums under the base policy are paid, subject to the satisfaction of age, policy term and other rider limitations.

Generally, the rider is available on policies that have been in force for 15 years or more.

This return does not include any substandard charges (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the policy period, if the life insurance policy is still in force at that time.

Under this rider, all future premiums are waived - off and the policy continues to remain in force.

A total disability is the incapacity of the insured that is caused by sickness or injury and begins while both the policy and disability benefit rider are in force.

The length of time after a premium is due and unpaid during which the policy, including riders or add - on benefits, remains in force.

It will provide that if both the policy and the rider are in force until the maturity date of the policy (usually at age 100), the policy proceeds will be paid at the death of the younger insured.

Unlike regular term policies, return of premium term life insurance rewards you for keeping the policy by giving a guaranteed return of your total cumulative premium paid on the policy during the level term period, not including substandard (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the level term period if the policy is then in force.

If you are unable to pay your life insurance premiums due to total disability then with the help of this rider, you can stop paying your premiums until you are healthy enough to work full - time again.Your policy will still be in - force just as if you were still paying premiums.