Sentences with phrase «time of claim settlement»

Now he / she may not take the effort to put it all the details, and may skip a few questions in the bargain, some of which could be important at the time of claim settlement.

It begins right from the on - boarding, to premium payment reminders, connecting at different life stages to meet their changing needs and finally - the moment of truth at the time of claim settlement.

For Recurring Payout - 250000 paid as lumpsum benefit at the time of claim settlement and Rs. 150000 will be paid annually or Rs. 12330 will be paid monthly for the next 15 years dependin on the option chosen at the time of claim settlement.

Every year, many claims are rejected by the insurer on the grounds that the nominee was not present at the time of claim settlement.

So opt for a zero depreciation cover to protect yourself from paying high costs at the time of claim settlement.

A compulsory excess is an amount that your insurance company has decided that you will pay at the time of claim settlement.

For example, in case of disputes with the insurer at the time of claim settlement, your agent might act as a mediator and make the situation better.

If you are a regular smoker, it is advised that you do not lie about this on your proposal form, as this could lead to complications at the time of claim settlement.

The amount where policyholder agrees to pay at the time of claim settlement is a voluntary discount.

Get the bumper to bumper insurance plan if you need an extensive coverage at the time of claim settlement, or comprehensive car insurance policy with a recommended add - on to minimize your Audi A3 insurance premium amount.

Get zero depreciation cover to avail the optimum benefits at the time of claim settlement, get rid of depreciation on the expense of plastic, fiber, rubber and glass parts.

We do not like the unnecessary harassment at the time of claim settlement and so it is prudent to know the claim settlement process and ease of any car insurance policy which you are intending to invest in.

A compulsory excess is a measure that your insurance company has decided that you will pay at the time of claim settlement.

The nominee has the option at the time of claim settlement to take lump sum Death Benefits as the discounted value of outstanding instalments.

While purchasing home insurance, you must take care about the exclusions as well as it will assist you at the time of claim settlement.

The voluntary deductible is the amount payable at the time of claim settlement as agreed at the time of purchasing a policy.

The contribution clause — This disclosure is required because insurers can opt for a contribution clause at the time of claim settlement.

Such buyers are disappointed at the time of claim settlement as the coverage covers only a part of the expenses and the insured is supposed to bear the remaining amount from his / her pocket.

Co-payment is a part of medical expenses that an insured has to bear by himself at the time of claim settlement.

At the time of claim settlement, if the insurer finds any gap between what is declared and the reality, your health insurance claim can be rejected.

This annual income is expressed as a fixed percentage of Death Benefit at the time of claim settlement and then increases at the rate of 5 % per annum simple on each death anniversary of the life insured for the chosen payout term.

Corporate insurance advisors will not only help you at the time of purchasing the insurance policy but also at the time of claim settlement.

The deductible is the certain amount policy - holder needs to pay from his own pockets at the time of claim settlement.

Either the sum assured value or 10 % of sum assured at the time of claim settlement & the 6 % of sum assured value for next 15 years.

Insurance representatives hide the specific clauses, this, in turn, reflects you at the time of claim settlement.

Your nominee also has an option to take the monthly payouts as a Lump Sum benefit at the time of claim settlement.

Deductible: The specific amount policyholder agrees to pay at the time of claim settlement is deductible.

Alternately, Jeevan's nominee has an option to take all monthly instalments as a lump sum at the time of claim settlement.

Staggered payment, wherein, 20 % of Death Benefit is received immediately at the time of claim settlement, with the balance being received as a fixed Annual income, expressed as a fixed percentage of Death Benefit, on each death anniversary of the life insured over the chosen payout term.

Staggered payment with increasing annual income @ 5 % p.a, wherein 20 % of Death Benefit is received at the time of claim settlement with the balance proceeds being received as an annual income.

Staggered payment, whereby, 20 % of «Sum Assured on Death» is received at the time of claim settlement, with the balance being received as an Annual income, expressed as a fixed percentage of the Sum Assured on Death, on each death anniversary of the life insured over the chosen payout term.

A policyholder who required full insurance coverage for his new car and who are not adjusted to bear the risk factor involved in the policy at the time of claim settlement, best bumper to bumper car insurance plan is proposed.

This will ensure that there is no problem at the time of claim settlement, irrespective of the company that you go for.

Failure to comply may lead to interruption at the time of claim settlement.

Under this payout option, the nominee / beneficiary receives 10 % of the entire sum assured at the time of claim settlement.

These companies also come to the aid of insurers at the time of claim settlement to ensure that the money efficiently reaches the customer, irrespective of the change in their location.

The most useful feature of SecureNow is that it gives a complete insurance experience by helping you in choosing the right policy and then helping at the time of claim settlement as well.

I read such policies are entitled to bonus at the time of claim settlement or maturity.

In order to avoid hassles at the time of claim settlement it is better to declare all information in the proposal form like date of birth, age, medical history, habits correctly.

There is no differentiation made by the life insurance company at the time of claim settlement, irrespective of whether the claim has come from an online term plan or an offline term plan.

However, at the time of claim settlement, he implied, that the insurers reject the claim by stating that it was a pre-existing condition, etc which would not be the case if I did all the paper - work (and paid higher premium).