EKAM KASOTI PAPER OCT 2020

EKAM KASOTI PAPER OCT 2020

EKAM KASOTI PAPER OCT 2020  DATE:- 26 OCT TO 28 OCT 2020 IN ALL OVER GUJARAT
 IN STD 3 TO 8

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EKAM KASOTI PAPER OCT 2020

           Each life insurance contract pays the death benefit on the condition that the premiums have been paid for the current period and the policy is executed.  “The exemption period provision gives the policyholder an additional period to pay the premium even if he misses the last date. 


 The important thing is that the standard length of the discount period is one month or 31 days.  This provision enables the policy to be enforced during the exemption period instead of being suspended due to non-payment of premium.  

        However, the payment of premium is considered outstanding and if the policyholder dies during this period.  In case of death, the insurance company can deduct the premium from the death benefit.  

If the premium is not paid even after the exemption period has expired, the policy is deemed to have lapsed and the company is not liable to pay the death benefit.  Only the amount due under non-foreclosure provisions remains payable.  This therefore means that the insured is said to have received free insurance during the exemption period.   

EKAM KASOTI PAPER OCT 2020

     Undoing is a process by which a life insurance company re-enforces a policy that has been canceled due to non-payment of premiums or is running under one of the non-caste provisions.  However, revoking or reviving the policy may not be the unconditional right of the insured.  It can be re-implemented only under the specific conditions given below.

Note: Plz always check and confirm the all above details with the official website and Advertisement/ notification.

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VACATION DATE:- 29/10/2020 TO 18/11/2020
EKAM KASOTI PARAT LEVANI DATE:- 25/11/2020

EKAM KASOTI PAPER OCT 2020

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