Sentences with phrase «time of buying the policy»

Auto Debit: Sign a mandate at time of buying the policy, thus your premium will be deducted automatically from the bank account
A typical period of coverage for a term life policy may be 5, 10, 15, 20, 25, or 30 years (terms available may vary by insurer and your age at the time of buying your policy).
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so...
At the time of buying a policy, you should search for the most affordable offer by just sitting in front of your personal computer.
In most cases riders are added into the policy at the time of buying the policy, they can not be added later on.
However, if any such trip is scheduled at the time of buying the policy then the same should be mentioned in the proposal form.
At the time of buying a policy on the basis of this calculation done in the Pension Calculator, you might need to submit documentary proofs supporting the same.
This is the reason why insurers require you to disclose these habits at the time of buying the policy.
However, it is advisable to keep the previous insurance policy and RC handy at the time of buying the policy so that all information can be updated correctly in the policy form.
This is the reason why insurers want you to disclose these habits at the time of buying the policy.
Moreover, term opted at the time of buying the policy can't be changed later.
If you have a pre-existing disease then your insurer will not provide you cover against it at the time of buying the policy.
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
The term period is fixed at the time of buying a policy, and if during the policy period any of the partners die unexpectedly, the surviving partner being the nominee gets the life cover amount.
Also, the premium chosen at the time of buying the policy must remain unchanged throughout the term of the plan.
Free look up Period safeguards the customer's interest in cases of mis - selling; any mismatches between what you had actually applied for and what was promised to you at the time of buying the policy does match or satisfy your requirements.
Pre-existing conditions and their waiting periods — If you are already suffering from a disease at the time of buying a policy, your health plan would obviously exclude the ailment from the scope of coverage for some years initially.
In case you have any pre-existing disease (s) at the time of buying the policy, they would be covered after the waiting period, which is usually between 1 - 4 years.
The minimum age at entry, i.e. at the time of buying the policy is 18 years and the maximum age up to which the coverage can be taken is 65 years.
Here we have outlined below some footnotes under different insurance heads that you should read at the time of buying the policy.
Whether it is at the time of buying the policy when we dig into researching the features of the plan or at the time of a claim when we run to and fro to get the claim settled, a health insurance policy demands little knowledge and understanding of its concepts and processes.
The amount for deductible expenses is specified at the time of buying a policy.
At the time of buying a policy, you should always confirm the benefits with insurer.
The insurers will seek the details at the time of buying the policy for new policies and in case of non-life policies, the details will be given at the time of renewals or claims.
However, many of us still shy away from a health insurance plan simply because of the idea of pre-entrance medical check - ups involved at the time of buying a policy.
In order to calculate the maturity amount, the Jeevan Saral Maturity Calculator evaluates the sum assured of maturity based on the Age (at the time of buying the policy) you enter, Premium and Term, and adds the Loyalty Addition to give you the approximate maturity value.
This Time frame is selected by the insurance buyer at the time of buying the policy.
However, the coverage allowed under the plan depends on the health of the insured at the time of buying the policy.
Waiver of Premium: If the policyholder dies within the policy term, all future premiums are waived off and the child continues to receive all the benefits as decided at the time of buying the policy
Instead, it will be paid out in instalments during the last 5 policy years and this benefit can be initiated at the time of buying the policy
With regards to submission of documents: Some companies ask you to upload this documents on their website at the time of buying the policy, some may ask you to email them the documents while some may ask you to submit the documents at the nearest branch while some may ask you to send the documents by post
The monthly income can be level or increasing @ 10 % p.a. as chosen by the policyholder at the time of buying the policy
The monthly income can be level or increasing at 10 % p.a. as chosen by the policyholder at the time of buying the policy
The policy holder has 2 options (in case regular premium mode has been selected) to decide on the death benefit payable to the nominee at the time of buying the
«Customers are spoilt for choices in terms of options available online and hence, need to be very cautious at the time of buying a policy and refrain from buying plans merely on the basis of its popularity.
Nominee can be declared at the time of buying the policy.
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