Sentences with phrase «subsequent policy year»

- Coverage will not be extended for the same Critical Illness for any subsequent Policy Year, however, the remaining critical illnesses will continue to be covered.

The policyholder can not carry forward unused partial withdrawals for the subsequent policy year.

On acceptance of claim during any policy year, entire cumulative bonus earned shall be withdrawn in subsequent policy year.

Base Sum Assured along with the vested Simple Reversionary Bonuses shall be used to provide an annual income benefit at the end of every subsequent policy year after the premium payment term, i.e. (Base Sum Assured + vested Simple Reversionary Bonus) x Income Benefit Factor

If the subsequent policy year commences outside this 3 - month window, the group policyholder of a non-Federal governmental plan must distribute the subscribers» portion of the rebate within 3 months in the form of a cash refund or by applying a mid-policy year premium credit to the subscriber's portion of premium.

Under this proposal, plans will continue to be able to use the rebate to reduce the subscribers» portion of premium for the subsequent policy year (including by spreading it over the 12 months of the policy year) as long as the subsequent policy year commences within 3 months of receipt of the rebate by the group policyholder.

Our maximum liability will be subject to 1 % of the Sum Insured for this Policy Year or the subsequent Policy Years upto a maximum of Rs 5,000.

Since then, the regulator Insurance Regulatory Development Authority of India (IRDA) and the industry itself have conducted a major clean - up, capping charges and stopping the loss of premiums due to missed payments in subsequent policy years (low persistency).

Not exact matches

With unemployment falling steadily through the year, there has been less justification for crisis - era policy, and a sense among policymakers that they could balance the higher rates sought by «hawks» with a slow pace of subsequent increases.

The speech goes on to outline some of the economic surprises that came to pass in the intervening years, including: the «mining boom mark II»; the further significant rise and then subsequent fall in Australia's terms of trade; and the search for yield in global capital markets driven by ongoing ultra-easy monetary policy in the major economies.

The red line is the actual subsequent 10 - year return earned by holding this particular policy portfolio.

Fox tells the story from beginning to end: childhood in the German - American parsonage; nine grades of school followed by three years in a denominational «college» that was not yet a college and three year's in Eden Seminary, with graduation at 21; a five - month pastorate due to his father's death; Yale Divinity School, where despite academic probation because he had no accredited degree, he earned the B.D. and M.A.; the Detroit pastorate (1915 - 1918) in which he encountered industrial America and the race problem; his growing reputation as lecturer and writer (especially for The Christian Century); the teaching career at Union Theological Seminary (1928 - 1960); marriage and family; the landmark books Moral Man and Immoral Society and The Nature and Destiny of Man; the founding of the Fellowship of Socialist Christians and its journal Radical Religion; the gradual move from Socialist to liberal Democratic politics, and from leader of the Fellowship of Reconciliation to critic of pacifism; the break with Charles Clayton Morrison's Christian Century and the inauguration of Christianity and Crisis; the founding of the Union for Democratic Action, then later of Americans for Democratic Action; participation in the ecumenical movement, especially the Oxford Conference and the Amsterdam Assembly; increasing friendship with government officials and service with George Kennan's policy - planning group in the State Department; the first stroke in 1952 and the subsequent struggles with ill health; retirement from Union in 1960, followed by short appointments at Harvard, at the Center for the Study of Democratic Institutions, and at Columbia's Institute of War and Peace Studies; intense suffering from ill health; and death in Stockbridge, Massachusetts, in 1971.

He was concerned that the problems associated with the Free SHS policy will escalate because in subsequent years it will be expanded to cover continuing students and more funds will be needed to sustain the programme.

The new policy on social promotion caused a large number of low - performing students in these grades to be retained, substantially changing the student composition in these and subsequent grades beginning in the 1997 - ’98 school year.

But in the years since A Nation at Risk, the rhetoric of high expectations, accountability, and ensuring that all students - especially those from disadvantaged backgrounds - have an equal opportunity to receive quality education has been accompanied by a series of federal initiatives including Clinton's 1994 re-authorization of the 1965 Elementary and Secondary School Act, subsequent education «policy summits,» and George H. W. Bush's Goals 2000.

These new policies are layered on top of No Child Left Behind and the subsequent years of narrowed curricula and teaching to the test.

It is anticipated that this rate hike will be the first of a few this year but as we have come to learn, the plan Fed policymakers present in one quarter can be significantly different from the actual changes in the policy rate in subsequent quarters.

The red line is the actual subsequent 10 - year return earned by holding this particular policy portfolio.

Once each individual pays their deductible for the year, the policy fully covers subsequent bills.

After that subsequent vaccination boosters are given every 1 to 3 years or based on antibody levels depending on the policy of the supervising animal hospital.

In the first weeks of this 10th anniversary year of the September 11th attacks and the subsequent invasions of Iraq and Afghanistan, with global economic and political policies fueling conflict and prompting revolt, there have been numerous programs, talks, and debates around the city about walls: metaphorical walls created by censorship, physical walls dividing Israeli and Palestinian territories or Mexican borders, but also boundaries that some artists insist are essential to maintaining the integrity of cultural expression and identity.

Japan's energy policy has been dominated in recent years by its efforts to overcome the impact from the 2011 Great East Japan earthquake and the subsequent Fukushima nuclear accident.

Commissions for agents are front - loaded on your policy, and estimates are that they can make anywhere around 100 % of the annual premium, with a single - digit premium in subsequent years.

If this policyholder chose to increase the policy's value by $ 3,000, this would increase the dividend for the subsequent year by $ 120, for a total of $ 2,120.

Option A offers 40 % of sum assured at end of the policy term when a child is 17 years, and then pays 30 %, 20 % and 10 % of sum assured in each subsequent year.

The best course of action would be to raise a claim on the other party's policy so that the No Claim Bonus in your policy would not be harmed and you can continue receiving premium discounts in subsequent years.

In case you fail to purchase the scheme in the initial years you can join the policy in the subsequent years by paying the annual premiums and submitting a self - attested health certificate.

Partial Withdrawal Charge — There is one free partial withdrawal in a policy year, after which subsequent partial withdrawals are charged at Rs. 100.

The third party premium may increase as per regulatory guidelines every year, by buying long term policy, the Third Party component of your premium gets fixed at the current rate resulting in effective saving overall during subsequent years.

Each subsequent year, the policy renews at a higher rate based on the insured's next age.

If the Regain SI is not utilized in a policy year, it shall not be carried forward to any subsequent insurance policy year.

Graded policies provide limited coverage for the first few years, with each subsequent year providing increased coverage until the policy reaches maturity, at which point it will pay out 100 percent of death benefits upon the policyholder's death.

Subsequent Partial Withdrawal in a policy year shall attract a charge of 200 per withdrawal.

If policy is surrendered before the completion of lock - in period of 5 policy years from the policy commencement date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in the Discontinued Policy Fund and no subsequent charges other than Fund Management Charges for discontinued policy fund will be dedpolicy is surrendered before the completion of lock - in period of 5 policy years from the policy commencement date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in the Discontinued Policy Fund and no subsequent charges other than Fund Management Charges for discontinued policy fund will be dedpolicy years from the policy commencement date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in the Discontinued Policy Fund and no subsequent charges other than Fund Management Charges for discontinued policy fund will be dedpolicy commencement date, the Surrender Value equal to Fund Value less applicable Discontinuance Charge will be kept in the Discontinued Policy Fund and no subsequent charges other than Fund Management Charges for discontinued policy fund will be dedPolicy Fund and no subsequent charges other than Fund Management Charges for discontinued policy fund will be dedpolicy fund will be deducted.

Immediately thereafter and on each subsequent monthly anniversary, the Fund Value of [1 / (13 - month number in the Policy Year)-RSB- Units available at the beginning of the month shall be switched to Growth Super Fund automatically by canceling Units in the Secure Plus Fund and purchasing Units in the Growth Super Fund.

In the subsequent years as per the policy the monthly income will keep increasing Rs. 5000 every year.

If premiums for a minimum of three years have been paid and subsequent payments have not been made, then benefits under the policy are reduced proportionately.

If premiums for a minimum of three years have been paid and subsequent payments have not been made, then the policy acquires «Paid — Up» Value and the Sum Assured under the policy is reduced.

If 3 full premiums are paid and subsequent premiums are missed, the policy continues with full insurance cover for 2 years under the Auto Cover Continuation feature

Ans: If you've paid regular premiums for at least three years and have stopped paying subsequent premiums, your policy wouldn't completely lapse; however, your Sum Assured is decreased and your policy will continue as Paid - up plan for a decreased Sum Assured.

The Loyalty Addition is 2 % at the end of every subsequent tenth policy year.

The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.

In case of premium fully paid for three years and any subsequent premium is not duly paid, then the policy won't be ceased but continued as a paid - up policy.

If premiums for a minimum of two years have been paid and subsequent payments have not been made, then benefits under the policy are reduced proportionately.

Non forfeiture provision: States that if a policy has been in force for a minimum of three full years and subsequent due premiums are not paid, then the policy will have proportionately reduced sum assured along with vested bonus.

In case his death happens immediately after paying 7th annual premium, i.e. when he has turned 41 years old, his nominee would start receiving Rs 80,000 every month in the 7th policy year, which will increase every subsequent year, at a simple rate of 10 % of the monthly payout chosen at inception, till such time when Jeevan would have attained 60 years of age.

Auto Cover — Auto Cover period of 2 years is available on a policy of at least 5 full years on which subsequent premium is not dully paid.

By opting in for this policy, you can secure yourself against the revision of Third Party rates every year, resulting in significant savings in subsequent years.

A charge of Rs 100 is levied when opted for subsequent switching in the same policy year.

The subsequent withdrawals in the same policy year is charged at Rs 200.