Sentences with phrase «time till the end of the policy»
The reason why money back policy is important is that it provides funds on regular intervals after a certain period of time till the end of the policy term.
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Guaranteed Renewal till the end of Premium payment Term of the base policy - No medicals at the time of renewal.
GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.
Limited Pay, i.e. for a limited period of time while the policy continues till the end of the policy tenure
Insurance providers will no longer be able to just sell off the policy and forget the customer till the end of policy or claim time.
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).
It is a one time bonus that the insurer declares for the policyholders who have carried their policy till the end of the term.
The plan provides for annual survival benefits from the end of the premium paying term till age 99 and a lump - sum payment at the time of maturity or on death of the policyholder during the policy term.
Guaranteed Renewal till the end of Premium payment Term of the base policy - No medicals at the time of renewal.
In case of survival of the life insured till end of the policy term, return of single premium plus guaranteed one time addition (as applicable), is payable.