Sentences with phrase «sudden death of the insured»

It is useful post the sudden death of the insured especially if he is the sole earning member of the family.

• The insured person did not share the policy details with his / her family members and in the event of a sudden death of the insured, family members did not make any claim for the insured amount.

The plan continues to provide coverage in case of the sudden death of the insured and even after the maturity of the plan.

Not exact matches

This group life Accidental Death Benefit Rider offers better protection for the family, in case of loss of life of the Life Insured due to any sudden accident.

Term insurance is a typical form of insurance that offers death benefit to the family of insured in the event of the latter's sudden death.

This plan provides adequate compensations in cases of visit by an immediate family member of the insured in cases of hospitalization or due to repatriation of the insured person owing to a sudden death or any kind of medical emergency in the family, resulting in disturbance in the study.

Covers trip cancellation cost - you will be provided with compensation for the loss of accommodation due to trip cancellation as a result of death, serious injury or sudden sickness of the insured or any close family members

And in the event of a sudden loss, the AD&D coverage provides additional benefits to beneficiaries if the insured suffers an accidental death, or additional payment to the insured if they suffer a qualified loss as a result of accidental injury.

In case of sudden demise of the insured parent, the death benefit payable is higher of 10 times the annual premium or 105 % of all premiums paid till death or maturity Sum Assured or the absolute Sum Assured.

This rider is also meant to offer additional protection to the insured person's family in case of sudden death.

What it means is that in case of an untimely death, a term plan ensures that the insured person's dependents get some financial security to recover from sudden loss of income.

This is the best option for providing income to the family of the insured, in the event of sudden death within the «term» period for which the insurance is done.