Sentences with phrase «withdrawal during the term of the policy»

The regulator has banned partial withdrawal during the term of the policy.

But the bumper addition will be payable only if there are no partial withdrawals during the term of the policy and all regular premiums have been paid as per the policy terms.

Not exact matches

Moreover, the sum assured payable on death will not be reduced at any point of time during the term of the policy except where partial withdrawals have been made during the two - year period immediately preceding the death of the life assured.

However, at any point of time during the policy term, the minimum fund balance after the partial withdrawal should be at least equal to 125 % of the annualised premium.

However, at any point of time during the policy term, the minimum fund balance under top up after the partial withdrawal should be at least equal to 50 % of the top up premiums paid.

In the event of death of the life insured during the term of the policy, the highest of Basic Sum Assured less applicable partial withdrawal, 105 % of the Premiums paid, or Fund Value in the Main Account including Loyalty Additions is payable.

Scenario A - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured including top - up sum assured (less partial withdrawals if any), Fund Value including top - up fund value, Or 105 % of total premiums paid including top - up premiums paid as on the date of death.

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured (less Partial Withdrawals), Fund Value, or 105 % of the total premiums paid (less Partial Withdrawals) till the date of death.

A maximum of 15 partial withdrawals is allowed during the entire policy term, in case of policy term more than 10 years.

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured under the Base Plan less partial withdrawals, 105 % of Total premiums paid, or Fund value under the Base Plan.

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Basic Sum Assured less applicable partial withdrawal, Fund Value in the Main Account, or 105 % of the Premiums paid.

Scenario B - Death Benefit: In the event of his death during the policy term, the highest of Basic Sum Assured less applicable partial withdrawal, 105 % of the Premiums paid, or Fund Value in the Main Account including Loyalty Additions is payable.

Scenario B - Death Benefit: In the event of his death during the policy term, the highest of Basic Sum Assured less applicable partial withdrawal, 105 % of the Premiums paid, or Fund Value in the Main Account is payable.

A maximum of 10 partial withdrawals is allowed during the entire policy term, in case the policy term is above 10 years.

A maximum of 10 partial withdrawals is allowed during the entire policy term, in case the policy term is 15/20 years.

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured (less Partial Withdrawals), Fund Value, or 105 % of the basic premiums paid till the date of death.

A maximum of 15 partial withdrawals is allowed during the entire policy term, in case the policy term is 15 years & above.

Scenario B - Death Benefit: In the event of his death during the policy term, Before age 60 years, the Death Benefit payable is higher of Sum assured less partial withdrawals (in preceding two years), 105 % of all premiums paid or Fund value.

Scenario B - Death Benefit: In the event of his death during the policy term, the nominee is entitled to receive the higher of Sum Assured (less applicable partial withdrawals) or Fund Value.

In the event of death of the life assured during the policy term and the policy is in - force, the nominee will receive the higher of Basic Sum Assured less all Deductible Partial Withdrawals, 105 % of the Single Premium paid, or the Single Premium Fund Value.

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum assured (less partial withdrawals, made 12 months prior to death), Policy Fund Value or 105 % of all premiumspolicy term, the Death Benefit payable is higher of Sum assured (less partial withdrawals, made 12 months prior to death), Policy Fund Value or 105 % of all premiumsPolicy Fund Value or 105 % of all premiums paid.

In the event of death of the life assured during the policy term and policy is in - force, the nominee will receive the higher of Basic Sum Assured less all Deductible Partial Withdrawals, 105 % of the total Regular / Single premiums paid, the Regular / Single Premium Fund Value, or 10 times of the annualized premium.

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Fund Value or Sum Assured (less applicable partial withdrawals) is payable to the nominee.

Scenario A - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured including top - up sum assured (less partial withdrawals), Fund Value including top - up fund value, Or 105 % of total premiums paid including top - up premiums paid as on the date of death.

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals) or Fund Value is payable to the beneficiary (nominee / legal heir).

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured less partial withdrawals or Fund Value.

A maximum of 2 partial withdrawals can be done in a policy year and not more than 5 such withdrawals are allowed during the entire policy term, in case of policy term 10 years.

Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Base Sum Assured (less partial withdrawals), 105 % of the total premiums paid, or Base Fund Value.

Scenario B - Death Benefit: In the event of his death during the policy term, the nominee will receive the higher of Sum Assured (less partial withdrawals) or the Total Fund Value.

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals), Fund Value in your investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal heir).

In the event of death of the life assured during the policy term and the policy is in - force, the nominee will receive the higher of Basic Sum Assured less all Deductible Partial Withdrawals, 105 % of the total Regular / Single premiums paid, the Regular / Single Premium Fund Value, or 10 times of the annualized premium in case of limited premium payment term.

A maximum of 10 partial withdrawals is allowed during the entire policy term, in case of policy term 15 years & above.

Also, the regulator banned partial withdrawal during the tenure of the policy to encourage long - term savings and accumulation.