This is the sum of money the shareholders pay into which is called the share capital This is the sum of money the shareholders pay into which is called the share capital
reliance company in warking capital policy
premium
When a policy is taken out, it is taken out with an agreed sum assured. If you allow your policy to lapse due to the stopping of premium payments then the sum assured is reduced to give you a lower value (this is seen as a contract breach and is effectively the penalty you have to pay)The reduced sum assured is referred to as "the paid up value"
You need a life insurance policy to cover the risk of death and a health insurance policy as a cushion against hospitalisation expenses. Buy Personal Accident Insurance Coverage :
Following are the criteria for compensation Under the Individual Personal Accident Policy: 1. If the accident results in death, the full Capital Sum Insured must be paid to the Insured beneficiaries. 2. In accident if the insurer get permanent disability i.e The total loss of both the eyes or two limbs or one eye, the full capital sum insures is payable. 3.In case of the accident result in partial disablement of certain parts of the insures's body, then only the specific percentage of the capital sum insured will be paid. 4.If there is disability excluding injuries that are not visible through medical test like sprain, muscular spasms, etc Then all the benefits listed above have to be paid plus 1 percent of capital sum insured.
An accident policy is an insurance policy that will pay all or a portion of medical expenses incurred in the course of an accident.
In life insurance policy, you can have accidental coverage equal to the sum insured amount, by paying extra premia. By this way, you can avail accidental coverage policy in a life insurance policy.
Suppose Sum Assured (SA) on your insurance policy is Rs. 1 crore. Then if it has a Double Accident Benefit (DAB) rider then, in case of your accidental death, the nominee would get double the SA i.e. Rs. 2 crore.
An Accident Policy - 1915 is rated/received certificates of: USA:Approved
the policy that covers the car that is being driven.
If you have an accident in the first 60 days of your policy,, Yes They can cancel your policy
This is the sum of money the shareholders pay into which is called the share capital This is the sum of money the shareholders pay into which is called the share capital
reliance company in warking capital policy
That will be the policy holder.
no
The term "accident insurance" applies to life and health insurance policy's that will only pay claims that result from an accident. Example: A person who owns an accident-only disability policy falls ill from cancer. The policy will not pay any claims as a result of the cancer. If the same person fell down a flight of stairs, the policy would pay.