Sentences with phrase «special surrender value»

The surrender benefit is higher of special surrender value and guaranteed surrender value.

However, I will ignore special surrender value for the purpose of this exercise.

Policy is eligible for a non guaranteed special surrender value.

There is something called special surrender value as well.

Policy is eligible for a guaranteed special surrender value.

The Surrender Value payable is higher of Non-Guaranteed Special Surrender Value or Guaranteed Surrender Value.

The Company, from time to time, may declare special Surrender Value, subject to prior approval from IRDA of India, which could be higher than or equal to the Guaranteed Surrender Value.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the close of the relevant policy year.

Loyalty addition shall also be considered in special surrender value calculation on surrender of policy during the policy term, provided the policy has completed five years.

Special Surrender Value = % of Paid - Up Sum Assured on Death + % of Guaranteed Maturity Benefit + Paid - Up Guaranteed Additions + % of Vesting Bonus

S.7196 - A / A.10876 - A: Prohibits accelerated payment of death benefits or special surrender value pursuant to a life insurance policy because of residency in a nursing home.

The Surrender Value acquires the higher among Special Surrender Value (SSV) or Guaranteed Surrender Value (GSV).

Loyalty addition is also considered during Special Surrender Value Calculation on surrender of policy during the term, only if the policy has completed five years and at least for five years full premium has been paid.

The Surrender Value payable is higher of Guaranteed Surrender Value or Special Surrender Value less survival benefits already paid.

Surrender Value is stated as the higher of Special Surrender Value or the Guaranteed Surrender Value.

The Guaranteed Surrender Value is expressed as a percentage of premiums paid and this policy is also eligible for Non-Guaranteed Special Surrender Value.

The Company, from time to time, may declare special Surrender Value, subject to prior approval from IRDA of India, which could be higher than or equal to the Guaranteed Surrender Value.

A Policy loan facility can be availed, provided it does not exceed 90 % of the policy's Special Surrender Value at the year end of the relevant policy year.

Special surrender value = (Original sum assured * (No.

I think this policy has «Special Surrender Value» too.

The policyholder will be entitled to the higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV)

Surrender value shall be higher of the Special Surrender Value or Guaranteed Surrender Value.

The Surrender Value will be higher of the Guaranteed Surrender Value or the Special Surrender Value.

The Surrender benefit will be higher of either the Special Surrender Value or the Guaranteed Surrender Value.

The Surrender Value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV).

The surrender value shall be higher of Guaranteed Surrender Value (GSV) and Special Surrender Value (SSV).

The Surrender Value will be higher of the Special Surrender Value or the Guaranteed Surrender Value.

The surrender value payable will be the higher of the guaranteed surrender value (GSV) or the special surrender value (SSV).

Loans can be availed against this HDFC child plan which will be for a maximum of 80 % of the Special Surrender Value applicable under the plan

The Surrender Value shall be a higher of the Guaranteed Surrender Value or the Special Surrender Value.

After three policy years, the policy acquires Surrender Value, which is the higher of the Guaranteed Surrender Value and the Special Surrender Value If the policyholder fails to reinstate the lapsed policy within the revival period of two years from the date of the first unpaid premium, the policy is terminated.

This value is equal to the maximum of Guaranteed Surrender Value (GSV) and the Special Surrender Value (SSV).

The amount which is higher of the Special Surrender Value (SSV) and the Guaranteed Surrender Value (GSV) will be offered as the surrender benefit.

The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) if at least 3 full years» premiums have been paid else the GSV is paid

For the plan under consideration, there was mention of Guaranteed Surrender Value Factors for premium and guaranteed additions and non-guaranteed surrender value factors for calculation of special surrender value.

The amount payable will be the maximum between guaranteed surrender value and special surrender value.

The actual surrender value will be higher of guaranteed surrender value or special surrender value.

Special surrender value is calculated by adding paid up sum assured and accrued bonuses and the multiplying the sum with special surrender factor.

The surrender value shall be higher of the Guaranteed Surrender Value (GSV) and the Special Surrender Value.

The Surrender Value is higher of the Special Surrender Value or the Guaranteed Surrender Value.

The Surrender value will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) where

The value will be the higher of Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV).

After the Premium payment term, if the whole premiums have been paid by the insured under Option B or Option C a special Surrender Value is payable on surrender of the policy.

The Surrender Value is higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) where both GSV and SSV is expressed as a % of total premiums paid

The insured person can surrender the policy after 2 full years» premium has been paid.Either the special surrender value or the guaranteed Surrender Value will be paid as the surrender value.

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy whereupon the Surrender Value will be paid which will be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV).