Sentences with phrase «which subsequent premium»
Auto Cover — Auto Cover period of 2 years is available on a policy of at least 5 full years on which subsequent premium is not dully paid.
http://www.mydailylifetips.com/ Not exact matches
Ashwin Alankar of Janus Henderson articulated a view that central bank induced term premium suppression is akin to the killing of wolves in Yellowstone that fueled the overpopulation of elks, and the subsequent overgrazing which decimated the ecosystem is similar to present day's rise in market distortions and vulnerability to volatility
The committee that wrote the report also included further findings on topics examined in its March 2015 report, which discussed how NFIP premiums are set and the changes called for by the Biggert - Waters Act and the subsequent Homeowner Flood Insurance Affordability Act (HFIAA) of 2014.
We receive several requests from fixed and indexed annuity shoppers about which insurance companies offer the best premium bonuses on first year and subsequent yearly deposits.
which may also be financed, and the subsequent monthly premiums that are added into your mortgage payment.
The Biggert - Waters Flood Insurance Reform Act of 2012 and subsequent legislation require these subsidies to be phased out, which will result in substantial premium increases for nearly 1 million of the 5.5 million NFIP policies nationwide.
Deposit term insurance: A form of term insurance in which the first - year premium is larger than subsequent premiums.
This variant of pension plan needs you to pay a one time premium, subsequent to which you start getting regular annuities for a specified term or the rest of your life.
This is a form of Term Insurance in which the premium paid in the first year is more than the subsequent premiums.
There is a feature of profit sharing which reduces subsequent years» premium if the claim experience of the group is favorable in any year from the viewpoint of the insurer
There is an Automatic Life Cover option under which if the premium for 2 years or 3 years is completely paid, the plan will run for 2 years and 3 years respectively if the subsequent premiums are unpaid.
In case his death happens immediately after paying 7th annual premium, i.e. when he has turned 41 years old, his nominee would start receiving Rs 80,000 every month in the 7th policy year, which will increase every subsequent year, at a simple rate of 10 % of the monthly payout chosen at inception, till such time when Jeevan would have attained 60 years of age.
After premiums are paid for a certain defined period or beyond and if subsequent premiums are not paid, the sum assured is reduced to a proportionate sum, which bears the same ratio to the full sum assured as the number of premiums actually paid bears to the total number originally stipulated in the policy.