Sentences with phrase «second policy year»

For gold plan members, health check - up vouchers are provided for 0.1 % of the sum insured from second policy year.

You can choose the monthly amount which will increase at a simple interest rate of 10 % from second policy year and thereafter every policy year.

The Guaranteed Surrender Value, during the first policy year is 70 % of the single premium and from second policy year onwards, it is 90 % of the single premium.

The policyholder receives an annual Guaranteed Loyalty Benefit during the premium payment term; it is paid from the start second policy year.

It offers valuable benefits like coverage for 130 day - care treatments, cashless hospitalization & a cover for any pre-existing ailments from second policy year.

10 % Free Withdrawal Rider Beginning in the second policy year, any withdrawal charges and MVA will be waived for the first withdrawal in a policy year of an amount up 10 % of the account value as of the last policy anniversary.

When you purchase a participating policy, it is expected that you will receive dividends after the second policy year — but they are not guaranteed.

When you purchase a participating policy, it is expected that you will receive dividends after the second policy year — but they are not guaranteed.

The policy pays life insurance dividends annually starting on the second policy year.

Premium redirection facility is allowed from the second policy year to redirect future premiums into a different fund than that chosen at the time of policy inception under this SBI child plan

In the case of limited premium payment option, the surrender value gets enabled on the completion of the second policy year.

Changes to the death benefit option are available at no charge after the second policy year.

Usually, bonuses start accumulating from the second policy year and make a substantial addition to the corpus.

If the insured is below 5 years when buying the plan, the risk cover starts one month before the completion of the second policy year.

Irda's draft has said partial withdrawals may be permitted from the second policy year onwards, subject to ensuring maintenance of a minimum balance equivalent to one annual premium in the policy account.

From the second policy year onwards, your installment premium will be Rs.

This charge increases at 5 % per annum at the start of every policy year from the second policy year onwards, subject to a maximum of Rs 500 per month.

The surrender value is acquired after paying all due premiums for 1 full policy year and it is payable on surrender or at the end of the second policy year, whichever occurs later.

The product also offer the benefit of premium reduction and facility of Top Up from the second policy year onwards and tax savings benefit under Section 80 C of the Income Tax Act.

Surrender value is acquired after paying all due premiums for 1 full policy year and it is payable immediately on surrender or at the end of the second policy year, whichever occurs later.

The surrender value is payable on surrender or at the completion of the second policy year, whichever is later.

For single pay policies, surrender is allowed from the second policy year onwards.