Sentences with phrase «years during the term»

A term life policy that increases the death benefit each year during the term.
Any sum received other than as death benefit under an insurance policy which has been issued on or after April 1 2003 and if the premium payable in any of the years during the term of the policy does not exceed 20 % of the sum assured.
For insurance policies issued on or after April 01 2012, exemption would be available for policies where the premium payable for any of the years during the term of the policy does not exceed 10 % of the actual capital sum assured.
In this plan risk cover is automatically increase after every 5 years during the term of the policy.
This death benefit increases after every five years during the term of the policy.
However any sum (not including the premium paid by the assessee) received under an insurance policy issued on or after the 1st day of April, 2003 in respect of which the premium payable for any of the years during the term of the policy exceeds 20 % of the actual capital sum assured will no longer be exempted under this section.
Hence, for any new policy purchase, where annual premium for any year during term of the policy exceeds 10 % of the sum assured, the insurance proceeds (other than in case of death) will be taxable.
This is only of the lic plan where the sum assured on death increases every five year during the term of the policy.The minimum term is 12 year and maximum term is 20 year.
ON DEATH: If insured dies before 5 year during the term nominee will get SUM ASSURED, But if insured dies during the term or after five year nominee will get SUM ASSUERD + LOYALTY ADDITIONS.
For each year during the term of policy, LIC declares Bonus (Per Thousand of Sum Assured) for that particular year.

Not exact matches

DURING the sustained economic boom that came to a screeching halt one year ago, business leaders were unanimous in advocating a long - term approach to dealing with the big strategic issues.
March 8, 2017: During a cybersecurity conference at Boston College, Comey says he plans to serve his entire 10 - year term, quipping, «You're stuck with me for another 6 1/2 years
During a public webcast on January 14 when the 10 - year yield was at around 3.0 % and when Wall Street said it would climb to 3.4 %, Gundlach predicted that it could fall as low as 2.5 % in the near - term.
He dismisses the unfortunate events of last year as the kind of short - term problems that any business undergoes during a transition.
Trudeau has emerged as a pipeline champion, with a good shot at seeing construction on two projects, Energy East and Trans Mountain, start during his first term in power — something his Conservative predecessor, Stephen Harper, didn't achieve in nine years.
«During the past year, management and the Board have been focused on launching the BlackBerry 10 platform and BES 10, establishing a strong financial position, and evaluating the best approach to delivering long - term value for customers and shareholders,» Dattel said.
The new site on the south bank of the river Thames near to the Palace of Westminster had been scheduled to open during Obama's term, but delays pushed back its formal opening until this year.
The carmaker's board said on Thursday it would ask shareholders in June to back Ghosn for another four - year term, during which he would «take decisive steps to make the alliance irreversible» and «strengthen the succession plan».
The simplified explanation for this aberrant investing disaster was a dramatic rise in interest rates during the period: Rates on long - term government bonds went from 4 % at year - end 1964 to more than 15 % in 1981.
China's President Xi Jinping waves to delegates as he is elected to a second five - year term during the fifth plenary session of the first session of the 13th National People's Congress (NPC) at the Great Hall of the People in Beijing on March 17, 2018.
Medium - term risks are still elevated as financial vulnerabilities, which have built up during the years of accommodative policies, could mean a bumpy road ahead and put growth at risk.
Stocks are unlikely to be derailed by a surge in interest rates, with the Federal Reserve Board expected to lift its benchmark short - term rate by only modest amounts two or three times during the rest of the year.
First, has been the significant decline in terms of trade during the first half of the year due to lower commodity prices.
Those considering current year charitable contributions who are also facing long - term capital gains tax on the sale of highly appreciated shares after an initial public offering may realize a much more favorable income tax result and charitable impact by making a timely donation of a portion of their IPO shares (either during or after the lock - up period) directly to charity.
In second - term election years, then, equities dipped an average 4 percent, compared to an average increase of 7 percent during all election years.
The figure shows clearly that the cash cost of a residential property in terms of weeks of labour time remained roughly constant all the way from 1970 to 1986, at which point housing prices in Canada (and in particular in the Toronto area) rose drastically during the next three years.
During these five years, Minister Flaherty and the Department ignored recommendation after recommendation that long - term fiscal analysis be released.
If history is any guide, it is more likely than not that the economy will go into recession during the next Fed chair's four - year term.
The term «applicable educational institution» refers to an educational institution which a) had at least 500 students during the preceding taxable year; b) the aggregate fair market value of the assets of which at the end of the preceding taxable year (other than those assets which are used directly in carrying out the institution's exempt purpose) is at least $ 500,000 per student of the institution; and c) more than 50 percent of the students are located in the United States.
The word «term» refers to the period of time during which you make the periodic payments (30 years is a common term for a home mortgage, for example).
It also found that during the same period, the average fixed - income investor earned only a 6.08 % return per year, while the long - term Government Bond Index reaped 11.83 %.
In the event you are taking withdrawals from your four year cash reserve due to being in a severe, long - term falling market, when the market turns up again, continue taking your withdrawals from the cash reserve for an additional 18 months to two years to allow the market to rise significantly (the market almost always rises fast during the first two years of an up market period) before switching back to taking withdrawals from your stock mutual funds.
While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.
Our approach was and continues to be to take a long - term approach, modeled after the way we experimented and invested in a lot of things during the early years at Zappos (and made a lot of mistakes along the way), and then eventually scaled from almost no sales in 1999 to over $ 1 billion in gross merchandise sales in 2008 (9 years)-- and continuing to grow and scale afterwards.
«I do think that the industry is off to a good start in terms of good behavior,» Allergan Chief Executive Officer Brent Saunders told investors here this week during J.P. Morgan's annual healthcare conference, the largest industry meeting of the year.
Athenex, which raised $ 68 million from a secondary stock offering during the quarter, finished the year with $ 51 million in cash and short - term investments, down from $ 69 million in September as the company spent heavily on clinical trials for the drugs it is developing and absorbed higher licensing fees at its specialty drug business, which has added 12 new drugs to its stable of products.
CommonBond's average savings methodology excludes refinance loans during the period mentioned above in which members elect a refinance loan with longer maturity than their existing student loans, the term length of the member's original student loan (s) is greater than 30 years, and the member did not provide sufficient information regarding his or her outstanding balance, loan type, APR, or current monthly payment.
As I have argued before, except under implausible scenarios (at least 2 - 4 % of GDP transferred every year from the state to households) I can not work out arithmetically any meaningful rebalancing process that is consistent with average GDP growth much above 3 - 4 % during President Xi's 2013 - 23 term in office.
During the financial crisis and its immediate aftermath, Dr. Piwowar served in a one - year fixed - term position at the White House as a senior economist at the President's Council of Economic Advisers (CEA) in both the George W. Bush and Barack Obama Administrations.
During the House committee hearing on Wednesday, Zuckerberg claimed not to know what «shadow profiles» are, even though this term has been used for years to describe Facebook's collection of data about people who don't use its services by harvesting the inboxes and smartphone contacts of active Facebook users.
CommonBond's average savings methodology excludes refinance loans during the period mentioned above in which members elect a refinance loan with longer maturity than their existing student loans, the term length of the member's original student loan (s) is greater is than 30 years, and the member did not provide sufficient information regarding his or her outstanding balance, loan type, APR, or current monthly payment.
The Hatch Waxman Amendments permit a patent term extension of up to five years for a patent covering an approved product or method of use as compensation for patent term lost during product development and the FDA regulatory review process.
«During the past year, management and the Board have been focused on launching the BlackBerry 10 platform and BES 10, establishing a strong financial position, and evaluating the best approach to delivering long - term value for customers and shareholders,» said Timothy Dattels, Chairman of BlackBerry's Special Committee of the Board.
[485][216] A Gallup poll, taken in the final days of Obama's term, showed that 68 % of Americans believed that the U.S. had made progress in the situation for gays and lesbians during Obama's eight years in office.
Yet on the whole, given their positive experience both with receiving more income than they could get from the fixed - income sector in recent years and the potential for capital appreciation over the long haul, dividend stocks and the ETFs that own them have demonstrated their long - term value to the investors who've gravitated toward them during the low - rate environment of the past decade.
Over the longer - term, we do not expect the Fund to have such a strong tilt towards economically sensitive sectors or exhibit the level of pro-cyclical volatility that we saw during this fiscal year.
Usually, a 15 - year home loan is amortized in such a way that the borrower pays mostly interest during the first few years of the term.
Though Navellier is still capable of trouncing the market, such as during the three years from 2003 - 2005, his strategy may no longer be sufficiently compensating investors for the volatility they must endure when following his advice over the long - term.
Trend line: Digital health venture fund Rock Health notes in its half - year report that corporate investors outpaced traditional venture funds in terms of the number of deals during the period.
A decomposition of 10 - year US Treasury yields into a future rate expectations component and a term premium suggests that declining term premia drove long - term rates lower both now and during the mid-2000s «conundrum» episode.
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