Addition of new members New members will be allowed to join at
any time during the tenure of the policy.
This bonus is generally dependent on the performance of the insurance company and based on the loyalty shown by the customer by paying all premium on
time during the tenure of the policy.
Not exact matches
Although Bo is identified with the elitist bloc for his
time in Liaoning and as Minister
of Commerce,
during his
tenure in the interior city
of Chongqing, he adopted a number
of populist
policies more typically associated with the left.
Top - up premiums can be paid any
time during the
tenure of the existing ULIP
policy and they enjoy the same tax benefits as regular premiums.
One can perform the process
of changing the nominee any number
of times during the
policy tenure.
The number
of times you can claim
during the
policy tenure is 3.
Increasing Term Assurance — an option under which the Sum Assured chosen at the
time of inception
of the SBI term insurance
policy increases every year @ 5 % and on death
of the insured
during the SBI term insurance plan
tenure, the Sum Assured as on the date
of death is paid to the nominee
Term insurance is the simplest form
of life insurance plan that offers comprehensive life coverage over a period
of time and in case the insured person dies
during the
tenure of the
policy, the guaranteed death benefit is payable to the nominee
of the
policy.
On death or terminal illness
of the insured
during the
policy tenure, the Sum Assured is given in equated monthly instalments for such
time which will be equal to the term
of the plan chosen.
Death Benefit: In case
of sudden demise
of the policyholder
during the
tenure of the
policy, the Sum Assured at the
time of Death along with the acquired Bonuses are paid to the person nominated by the policyholder.
If the
policy tenure has not exceeded 1 year and the policyholder commits suicide
during this
time, only 80 %
of premiums paid are refunded to the nominee.
By buying annual multi-trip insurance, you can enjoy travel outside India, for N numbers
of time during the
policy tenure for 1 year.
The policyholder will have the option to take the survival benefit at any
time on or after its due date but
during the
tenure of the
policy.
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.
This means that you can claim multiple
times during the
policy tenure, provided the illnesses belong to different groups
of illnesses.
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.
The main feature
of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end
of the PPT (Premium Paying Term) till
policy maturity and also pays lump sum amount at the
time of maturity (or) on death
of the policyholder (
during the
policy tenure).
Yahoo's quest to offload its Asian assets has been ongoing for some
time and it is a key focus for the company, and has been a
policy during the
tenure of a number
of company CEOs.