Sentences with phrase «tenure rider benefits»

Not exact matches

The benefits under the rider shall be paid even in case when accident happens during the policy term and disability occurs beyond the policy tenure but happens within 180 days from the date of the accident.

ULIP policy holders can make use of features such as top - up facilities, switching between various funds during the tenure of the policy, reduce or increase the level of protection, options to surrender, additional riders to enhance coverage and returns as well as tax benefits.

Understanding the tenure, the amount of premiums, sum assured, terms and conditions, benefits, riders and other details is important for a policyholder.

In the case of the new money back policy, this means that policyholder can opt for rider benefits on any policy anniversary within 20 years of subscribing the policy as the premium paying term for this policy is 20 years though the policy tenure is 25 years.

your explanation about tenure and riders is misleading the fact is that the longer the period, the premiums rate gets reduced as one pays for a longer period rider cost money no doubt, but it is a very small fraction of the base premium and the benefits that one can derive from riders far exceed the premium charged

This rider ensures that the tenure and benefits of your policy remain unaffected while waving off future premiums.

The premiums paid during the policy tenure (except for the service tax, rider premium or any extra premium, if charged) will be returned back as maturity benefit in case you survive the policy term and the policy is premium paying.