I believe that the death benefit
is payable on death of each life.
The sum assured
is payable in lump sum as per the policy contract.
The accrued bonuses
is payable at the end of policy term along with the first installment irrespective of the option chosen.
From 2nd policy year, the surrender value
is payable as applicable.
Under option B, 50 % of sum assured on
death is payable as lump sum and an assured monthly income for the next 5 years.
In case of unexpected demise of the policyholder before the maturity of the policy, full sum assured along with
bonus is payable by the insurance provider to the nominee chosen by the insured.
No surrender
value is payable if life insured discontinue in first three policy years.
This benefit
is payable for only one occurrence during the entire plan tenure.
Part of the sum
assured is payable in the event of the insured person's death, while the rest is paid as a monthly income to the beneficiaries for 10 — 15 years.
All contracts have a death benefit which
is payable if an insured person dies while the policy is in effect, but the terms and conditions differ.
The death benefit
which is payable at any point in time would be the prevailing sum assured.
The highlight of the plan is that
premium is payable for limited period and risk is covered for the whole policy term.
Optional accidental death and disability benefit and term assurance rider are also available while loyalty
addition is payable on certain conditions.
Please note that all listing
fees are payable in advance and are non refundable.
It implies that the term insurance plan only offers a death benefit and if the person survives the policy term, no maturity benefit
is payable under a pure term plan.
For other types of life insurance policies such as endowment policy, the maturity
amount is payable at the end of the policy term on survival of the policy holder.
Notes An accommodation
tax is payable locally by all guests for a maximum of 7 nights.
The fund value
is payable after completion of the fifth policy year, and then the policy is terminated.
The proceeds of the life insurance policy
are payable upon the death of the first person, allowing the surviving spouse to go on in following the death of his or her partner.
Successfully defended against a claim that incentive
pay was payable during an employee's notice period.
If the insurance company later discovers that you lied on the application, your coverage may be cancelled or your death benefit may
not be payable when your family needs it the most.
Our consultation fee
is payable when we find an itinerary within the parameters of your request (at right).
When a
dividend is payable, a policyholder can take it in cash, use it to purchase more insurance, or use it to pay or reduce premiums.
In some instances, you'll face certain fees which
are payable up front, including appraisals, closing costs and home insurance.
We will continue to take instructions from the trustee, but redemption and transfer proceeds may only
be payable directly to the beneficiary.
The benefit will
be payable till the time the sum assured have attained the age of 60 years or 120 months whichever is higher.
A booking charge of $ 10
is payable during appointment booking (this constitutes half of the fitting fee of $ 20 **).
The upside to this is that sum assured of the accident benefit will
also be payable as a lump sum along with the death benefit.
This benefit
is payable from the date of death till the rider term end or 10 years whichever is later, before the plan maturity.
There are certain features of this premium policy: - The premium
is payable monthly, quarterly, half - yearly or yearly.
The total sum assured amount as chosen under the
plan is payable in case of demise or total permanent disability of the life insured.
This is because the card is a charge card, and your
charges are payable at the end of the billing cycle.
On death of the life assured, 50 % of the
annuity is payable to the nominated spouse as long as the spouse is alive.
Whole life insurance: A plan of insurance offering protection for the whole of life,
proceeds being payable at death.
The benefit amount
is payable once the disease is diagnosed and the insured survives 30 or 60 days after diagnosis.
Cash has to be accepted for a debt, but
rent is payable in advance not as a debt.
The balance on a charge card
account is payable in full when the statement is received and can not be rolled over from one billing cycle to the next.
Phrases with «to be payable»