Sentences with phrase «without premium allocation»
The plan benefits you by increasing the value of your wealth without any premium allocation charge.
https://www.policybazaar.com/ Not exact matches
However, the value of T - bills as a risk - free benchmark will remain intact - without it, risk premiums can't be calculated and the allocation of capital become less efficient.
A good ULIP will invest your entire premium without deducting any premium allocation charge.
Switching is the process that enables you to shift the existing units of your unit - linked policy into a new fund without changing your future premium allocation.
A premium redirection, on the other hand, allows you to change your allocation for all future premiums of your policy, without impacting your existing units.
Well, because of 2 reasons — Getting more units without having to compensate the high allocation charges (40 % of the regular premium, 1 - 2 % of the top - up) Additional life cover Top - up can't be made in the first year and the last five years of the policy term.
However,» premium redirection» allows you to change the allocation for all future premiums of your policy without influencing the existing units.
A» switch» will enable you to shift the existing units of your Unit Linked policy into a new fund without altering your future premium allocation.
You can maximise your investment as all the premiums you pay are invested in the funds of your choice without any Allocation Charges.