Benefit Illustration definition
Benefit Illustration means an Annexure along with the Schedule that illustrates the premiums, guarantees, returns, benefits and values of the proposed policy. This Benefit Illustration complies with IRDA of India Regulations and contains clear disclosure of both guaranteed and non-guaranteed benefits, if any, of the Policy
Benefit Illustration means an Annexure that illustrates the premiums and guaranteed and non-guaranteed Benefits of the proposed Policy.
Benefit Illustration means a benefit illustration prepared by an insurer registered to carry on direct life insurance business under the Insurance Act (Cap. 142) pursuant to the Notice on Market Conduct Standards for Direct Life Insurer as a Product Provider [Notice No. MAS 318];
Examples of Benefit Illustration in a sentence
Please refer to the Benefit Illustration for your guaranteed surrender value.
More Definitions of Benefit Illustration
Benefit Illustration means an Annexure along with the Policy Schedule that illustrates the premiums and guaranteed and non-guaranteed benefits of the proposed Policy.
Benefit Illustration means an Annexure along with the Policy Schedule that illustrates the premiums, guarantees, returns, benefits and values of the proposed policy. This Benefit Illustration
Benefit Illustration means an Annexure that illustrates premium and guaranteed and non-guaranteed Benefits of the proposed Policy.
Benefit Illustration means an illustration prepared and provided by the authorized insurer to the customer of a life insurance policy showing the projected surrender values and death benefits of the life insurance policy and containing, at minimum, the information shown in the Standard Illustrations in the Appendices to this Guideline;
Benefit Illustration means an Annexure along with the Policy Schedule that ill ustrates the premiums, guarantees, returns, benefits and values of the proposed policy. This Benefit Ill ustration complies with IRDAI Regulations and contains clear disclosure of both guaranteed and non -guaranteed benefits, if any, of the Policy.
Benefit Illustration means a benefit illustration prepared by an