If you signed for $ 100,000 mortgage to purchase a house, the
reducing term insurance benefit would start at $ 100,000 and decrease over time as you made your mortgage payments.
UIN for
Term Insurance Benefit Rider: 121C009V01, Accidental Death & Total and Permanent Disability Rider: 121C002V01, Reliance Money Guarantee Plan: 121L025V01 Product withdrawn with effect from 31 Dec 2009
Star Union Dai ichi Loan Suraksha and HDFC Group
Term Insurance Benefits also includes guaranteed surrender value and bonuses if applicable.
In the event of your untimely death,
term insurance benefits allow your family to accomplish and continue financial goals like child basic education, higher education, child» marriage, financial aid for your spouse and dependent parents.
One of the
many term insurance benefits is that its premiums and sum assured are exempted from tax, according to Section 80C of the Income Tax Act, 1961.
The
initial Term Insurance Benefit, when added to the initial Face Amount of the base policy equals the initial Target Face Amount, which is also shown on the Policy Data Page.
Therefore, if you need more than two to four hours per day of in - home care, your long -
term insurance benefit may provide more long - term - care if you are in a nursing home.
On the Issue Date,
the Term Insurance Benefit is the amount specified in the application.
Supplementary Term Rider This rider provides
a Term Insurance Benefit that is payable when the Insured dies while this rider was in effect.
These give you a one - time lump - sum amount along with
the term insurance benefit, in the event of an accidental death or an accident leading to permanent disability.
These give you a one - time lump - sum along with
the term insurance benefit, in the event of an accidental death or an accident leading to disability of the policyholder.
Variable returns can be in terms of IndiaFirst Group Credit Life Plan and HDFC Group
Term Insurance Benefits.
Another one of
the term insurance benefits of Aegon Life's term policies is that women and non-smokers are charged lower premiums.
The accidental death rider supplements your term plan by paying an accidental benefit in addition to
the term insurance benefit.
If I leave the company, can I pay my own premiums and continue enjoying
the term insurance benefit?
You will lose
the term insurance benefit when you shift companies as this benefit is not portable.
Term insurance benefits are largely uniform across insurers.
Instead,
the term insurance benefit becomes due.
Variable returns can be in terms of Basic Life Cover and HDFC Group
Term Insurance Benefits.
Variable returns can be in terms of Future Generali Pension Guarantee and HDFC Group
Term Insurance Benefits.
Variable returns can be in terms of Aegon Life iReturn Insurance Plan and HDFC Group
Term Insurance Benefits.