Sentences with phrase «time of inception of the policy»
This option has to be selected by you at time of inception of policy.
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Survival Benefit — Here, the regular monthly income that is chosen at the time of inception of the policy for 15 yrs after the end of the premium payment term is paid to the policyholder.
If the life insured dies during the chosen tenure of this LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
If the life insured dies during the term of this LIC online term plan chosen by him at the starting of the plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
In case of death of the life insured during the chosen tenure of the LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
While most of the policyholders choose them at the time of inception of the policy, some insurers offer you an option to buy riders later also to expand your insurance coverage.
In case of death of the life insured during the chosen tenure of the plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy
Select the annual income amount at the time of the inception of the policy.
The benefit amount depends on the type of benefits chosen at the time of inception of the policy.
However, you must select this option at the time of inception of the policy.
However, you must select this option at the time of the inception of the policy.
At the time of inception of the policy, the Basic Sum Assured (BSA) would be spread between life cover SA and CI SA in the ratio of 80:20.
4) One needs to select monthly income and its term at the time of inception of policy.
This option can be exercised only at the time of inception of policy.
Master Policyholder needs to opt for a payout period of 3, 5,10 or 15 years at the time of inception of the policy for the entire scheme.