Sentences with phrase «towards policy charges»
Be advised, higher the amount that goes towards policy charges, the less is left for investment.
https://www.personalfinanceplan.in/ Not exact matches
Alongside fiscal policy and monetary policy, our approach towards the bailouts and the IMF shows that there has been remarkably little change in economic policy at the Treasury since Gordon Brown was in charge.»
Insurers will have to provide a statement of policy account to the policyholder at least once at the end of each financial year to the policyholder, which will give the breakup of the closing balance, premium received, deductions towards charges, minimum floor interest earned, variable interest earned and closing balance.
In case of cashless claims, one might have to pay the respective proportion of the loss towards depreciation, deductibles / excess as per the policy, charges towards the repairs authorized by one and take the delivery of the vehicle.
The customer will receive the policy premium minus a proportionate premium for the risk borne by the company, including as any extra expenses, such as towards a medical examination or stamp duty charges.
The customer will receive the policy premium expenses borne by the company, such as towards a medical examination or stamp duty charges.
If any top up premium shall be paid under the policy in which loan is availed of, the top up premium will be first adjusted towards outstanding loan and interest on outstanding loan, if any, and the balance available shall be invested in the fund (s) chosen by the policyholder after deduction of applicable charges.
After a small portion of the premium is deducted for policy administration, fund management and allocation charges, the rest of it goes towards life insurance and investment in mutual funds, bonds or stocks.
On receipt of the same, the policy will be cancelled and amount of premium paid will be returned minus the expenses incurred towards the proportionate risk premium for the period of cover, charges for medical examination, special reports, if any, and stamp duty.
These charges are deducted towards the cost incurred in servicing and maintaining the policy.
The age plays an important role in determining the premium amount charged towards the life cover for your unit linked insurance policy.
Premium Allocation Charge: This is a percentage of the premium appropriated towards charges before allocating the units under the policy.
Premium Allocation Charges: Charges levied to compensate for the expense incurred towards issuing of the policy which involves distributor fee, medical expenses, and cost of underwriting of funds
A part of the premium goes towards life cover (mortality charges) and other policy charges (premium allocation, administration, fund management etc) and the remaining is invested in funds as per policy holder's discretion.
Premium allocation charge is a charge levied to recover initial expense incurred towards issuing the policy as the distributor fee and the cost of underwriting.
Policy administration charge is levied so as to recover the administrative expenses incurred by the company towards maintenance of the pPolicy administration charge is levied so as to recover the administrative expenses incurred by the company towards maintenance of the policypolicy.
Never expect a full refund of the payment you have made towards buying the insurance policy as some charges are deducted from the refund amount.
Cancellation Policy: Cancel up to 2 weeks before event for a refund fee, minus a $ 15.00 administrative charge; Less than 2 weeks, credit applied towards a future workshop.