Sentences with phrase «selected by the policyholder»

# Annualized premium is the premium selected by the policyholder at risk commencement date, excluding GST

The Driver and Family Protection Act establishes that the amount of supplementary uninsured / underinsured motorist (SUM) coverage for any new auto insurance policy must be the same as the amount of bodily injury coverage selected by the policyholder.

Variable Life Insurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie the policy.

The LIFE FUND is used to fund benefit payments for the benefits selected by the policyholder.

The previous administration took steps to restrict access to this market by reducing the allowable coverage period from less than 12 months to less than 3 months and by preventing any extensions selected by the policyholder beyond 3 months of total coverage.

Nominee is the person selected by the policyholder to receive the benefit in case of death of the life insured.

The benefit paid would depend on the benefit option selected by the policyholder when buying the plan.

Death benefit — the death benefit is paid as per the coverage option selected by the policyholder.

The premium level and death benefit are also selected by the policyholder.

Step 3 — in case of death, whether normal or accidental, the death benefit would be paid according to the plan option selected by the policyholder.

The premiums minus the policy charges will get invested in funds selected by the policyholder.

The premium, net of charges, is invested in the fund as selected by the policyholder and being a ULIP, the risk of investment is borne by the policyholder.

# Annualized premium is the premium selected by the policyholder at risk commencement date, excluding GST

Not exact matches

While it's not technically a discount, Mercury's policyholders can also lower their insurance rates by selecting a higher deductible.

Third party administrators are selected by IRDA to ensure that the policyholders get better services.

Coverage limits and deductibles identified as «most common» in the chart above are the most popular limits and deductibles selected by Allstate policyholders in Rhode Island.

Coverage limits and deductibles identified as «most common» in the chart above are the most popular limits and deductibles selected by Allstate policyholders in Texas.

Policyholders are entitled to claim tax exemptions under the numerous sections by selecting an insurance policy.

Registered policyholders can pay online in 3 easy steps Step1: Enter your Policy Number and Date of Birth to login into e-portal Step2: Select the payment option - Debit / Credit Card or Net Banking Step3: Print / save the premium deposit receipt upon successful payment Alteranatively, you can renew by Mobile

Rebate on Premium Payment Mode: Policyholders are given rebates on the basis of premium payment modes selected by them, under LIC jeevan Labh plan.

These critical illness insurance policies directly pay health providers for the treatment costs of critical and life - threatening illnesses covered by the policyholder's insurance policy, including the fee of specialists and procedures at a select group of high - ranking hospitals up to a certain amount per episode of treatment as set out in the policy.

What is not covered varies from state to state, between companies and also by what coverage options the policyholder has selected.