Sentences with phrase «surrender benefit»

Surrender benefit available on request either through master policy holder or individual members subject to premium payment of two years.

The sum amount provided as surrender benefit will be higher of the special surrender or the guaranteed surrender value.

Several insurers offer surrender benefit only when you have paid all the due premiums in full for at least 3 policy years.

Under this clause, the beneficiary can not receive a lump sum benefit or assign proceeds directly to a creditor, nor can a beneficiary surrender benefits for a present value lump sum.

You are entitled to receive surrender benefit value, provided you have paid all due premiums for at least three policy years.

You want to surrender the policy — There are Surrender Benefits after completion of 2 policy years.

Other benefits include surrender benefit, paid up benefit, varying sum assured as per need and grace period.

Surrender benefit paid, will be higher of the minimum guaranteed surrender value and special surrender value.

What is the termination period of the policy and what surrender benefits are provided on policy termination?

They also have a partial surrender benefit, meaning you can receive a portion back early if you decide not to keep the policy to its contract completion date.

Their minimum surrender benefit is 30 % of total premiums paid.

However, if your financial plan demands, you may choose to surrender your policy after 5 years to receive Surrender Benefits (value of fund investments) without any charges.

With health insurance portability, one can change his / her insurance company without fear of surrendering the benefits of waiting period.

You want to surrender the policy — There are Surrender Benefits in this plan after payment of first full year's premium

Term insurance plans provide only death benefit.There is no maturity benefit or surrender benefit under this plan.

Surrender value: You may surrender your PNB MetLife Mera Term Plan anytime and get the below surrender benefits:

Ans: If you have completed three full policy years and have paid timely premiums for three full years, you are liable to get surrender benefits of the policy (as discussed above).

In case of purchase of annuity from death / surrender benefit proceeds of the pension accumulation plan of the Company: The minimum entry age can be less than 50 years and the minimum purchase price can be less than Rs. 1,00,000.

Different premium plans have diverse surrender benefits:

Surrender benefit value is payable under this plan.

The policy acquires surrender benefits as per the plan terms and conditions for single and limited pay policies.

Avail surrender benefit, provided you have paid first two full years» premiums if the premium paying term is less than 10 years and first three full years» premiums if the premium paying term is 10 years or more.

The single pay policies are eligible for surrender after completion of 3 policy years.The surrender benefit is payable as per the policy contract.

However, for Single Premium Payment, there is Surrender Benefit available after the 3rd Policy year.

Surrender benefit under this plan is equal to 40 % * premiums paid * (unexpired term / total term).

Single Premium policies can avail the option of Surrender Benefit as per the following formula:

LIC Endowment plan also offers surrender benefit and loan facility to fulfill the liquidity needs.

The discontinuance value as at the end of the lock - in period will be available to you as surrender benefit.

Surrender value: You may surrender your TATA AIA iRaksha Term Insurance Plan anytime and get the below surrender benefits:

Surrender benefit for single pay policies equal to 40 % * premium paid * (unexpired term / total term).

Surrender benefit paid, will be higher of the Guaranteed Surrender Value and Special Surrender Value.

Policy Termination or Surrender Benefit: the policy can be surrendered provided 3 full years» premium has been paid.

The policy is terminated upon the earliest of the following: on payment of the Surrender Benefit, or Death Benefit or Maturity Benefit.

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 5 completed years.

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy if 2 full years» premiums have been paid under regular and limited pay plans and if 1 full year's premium is paid for single pay plans.

Policy termination or Surrender Benefit: This policy acquires Surrender Value on the completion of three full policy years with the provision that all premiums were paid.

Policy Termination or Surrender Benefit: There is no Surrender Value for policies that are under Regular payment mode.

This Future Generali Life Insurance plan does not offer any maturity benefit or surrender benefit.

Policy Termination or Surrender Benefit: the policy can be surrendered only in case of 3 options.

Policy Termination or Surrender Benefit: The policyholder can not surrender his plan anytime he wants to.

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 2 / 3 full years» premiums have been paid.

The plan has a surrender benefit after five years of starting with the plan.

Then there are loyalty additions that boost retirement savings and benefits for partial withdrawal along with vesting and surrender benefits.

Policy Termination or Surrender Benefit: This policy does not offer Surrender Value.

Policy Termination or Surrender Benefit: If the insured feels he is not satisfied with his plan then he can surrender it after completing 3 years with his plan by paying all the premiums.

Policy Termination or Surrender Benefit: The insured is allowed to surrender the policy only after the completion of first five years.

Policy Termination or Surrender Benefit: There are no surrender benefits available in this plan

Premium paid, maturity benefit, death benefit and surrender benefit are eligible for tax benefits as per extant Income Tax Act, subject to the provision stated therein.

Policy Termination or Surrender Benefit: There is no Surrender Value for policies that are under Regular Premium payment mode.