Sentences with phrase «tenure of the policy then»

Maturity Benefit — In case the policy holder survives the entire tenure of the policy then he / she will be liable to avail maturity benefit as final instalment of survival benefit along with terminal bonus plus vested simple reversionary bonus.

Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole policy year.

If the life insured survives the entire tenure of the policy then on maturity the life insured doesn't get anything.

Not exact matches

«If going up early for tenure ends up becoming the norm, then you haven't solved the problem,» she says, adding that the policy could end up favoring men with stay - at - home wives or partners who do the actual work of child - rearing.

if «X» included his wife in term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

if «X» included his wife in joint life term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

Tenure: If your policy matures before you retire then it won't be of much help when you need it most.

Maturity Benefit - If the policyholder survives the entire tenure of the policy, then a maturity benefit as the sum of the guaranteed maturity benefit + vested bonus + interim bonus is paid after the completion of the policy tenure.

If the life insured survives the whole tenure of the policy, then the sum assured on maturity i.e. 40 % of the basic sum assured + simple reversionary bonus + final additional bonus (if any) is payable after the maturity of the policy.

Maturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of the policy.

If the insured person dies during the tenure of the policy, then the death benefit is paid to the nominee of the policy i.e. the child as the sum assured amount, which is 105 % of the total premium paid till demise.

In case the policy holder dies in between the term tenure, then the policy sum assured with bonus amount will be paid to nominee of the policy.

Tenure: If your policy matures before you retire then it won't be of much help when you need it most.

Only then will your policy still be effective and you will not have to pay the premium amount for the rest of the tenure.

However, on the other hand, if the buyer is above 45 years of age and the tenure of the policy is less than 10 years, then the minimum sum assured will be limited.

Under the guidelines of IRDA, if a person aged less than 45 years buy a life insurance policy of 10 years tenure then the sum assured will be 10 times the yearly premium.

A policy is then provided for a fixed tenure or for life that will benefit the insured individual's near and dear ones in the event of death or any ill happening.

If the death occurs after the completion of 5 policy years but before the completion of policy tenure or before the maturity date of the policy then the sum assured amount along with the loyalty addition is payable to the nominee of the policy.

If the life insured dies during the tenure of the policy, then the nominated person receives the death benefit and this policy terminates

If you have completed the maturity period of the policy, then an incentive is given to you by your insurer as the loyalty addition, for keeping the policy active throughout the tenure of the policy.

Moreover, if the insured dies within the tenure of the policy, then the nominee gets to receive the death benefits.

Saina Nehwal then goes on to explain the features of the product where you get the full amount of the policy on diagnosis of the illness up to three times during the policy tenure.

If the insured person survives the tenure of the policy, he / she would be paid Sum Assured + accrued Reversionary Bonus + Final Addition Bonus (if any) under the maturity benefits and the policy terminates there and then.

If the policyholder dies before the end of 5 years of the policy tenure, then only the sum assured is returned to the nominee.

Anytime during the entire tenure of the policy if the insured wants to change its financial priorities then the plan provides an option of unlimited free switches under which then he / she can change their financial plan with a facility of unlimited free switching.

If the policy holder survives the tenure of the e term plan, then nothing is given to the policyholder and his / her beneficiaries By a non-participating policy is meant that the policy does not participate in the profits through unit - linked schemes and no dividends are paid on this policy.

If the policyholder survives the policy tenure, then no maturity or survival benefit is payable at any time during the policy tenure or after the culmination of the policy.

If the policyholder dies after the completion of 5 years of the policy tenure, then only the sum assured along with the loyalty addition (if any) is returned to the nominee..

If a policyholder of the Amulya Jeevan II Plan meets with death during the tenure of the policy, then it may apply to the beneficiaries or nominees of the policyholder the sum assured by the policyholder.

If the policyholder dies within the period of the policy tenure and he has just paid a single premium, then, only that would be given to the nominee.

If no claim has been made under the Policy then the Company shall from the date of receipt of notice cancel the Policy and retain 15 % of the premium relating to the balance period for policy tenure more than 1 year and for policies with a tenure period of one year refund the premium as per the Table Policy then the Company shall from the date of receipt of notice cancel the Policy and retain 15 % of the premium relating to the balance period for policy tenure more than 1 year and for policies with a tenure period of one year refund the premium as per the Table Policy and retain 15 % of the premium relating to the balance period for policy tenure more than 1 year and for policies with a tenure period of one year refund the premium as per the Table policy tenure more than 1 year and for policies with a tenure period of one year refund the premium as per the Table below:

During the tenure of the plan, if the life insured is diagnosed with any of the above critical illness, then the premium for the remaining policy tenure is waived off.

- In case the life insured dies within the policy tenure then the prevailing sum assured as on the date of death will be payable as Death Benefit to the nominee and the policy will terminate immediately.

But if you take a term insurance plan for a longer period, then you don't have to worry about premium rates as they remain constant throughout the tenure of your policy.

if «X» included his wife in joint life term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

If the last survivor of the husband and wife dies within the policy tenure, then the Sum assured + accrued Bonus paid as Death Benefit and the policy is terminated.

In this Plan, there is a Guaranteed Monthly Income for a period of 15 years or till then end of the Policy Tenure, whether the Life Insured is alive or not.

It is a Monthly Income Plan where there is a Guaranteed Monthly Income for a period of 15 years or till then end of the Policy Tenure, whether the Life Insured is alive or not

The Australian Government first implemented its tenure reform policies in the Northern Territory, initially through township leases and then as part of the Northern Territory Emergency Response.