The first instalment is paid to the nominee after the settlement of claim and the remaining 14 instalments are paid on each the following death anniversaries of the Life Assured. (policybazaar.com)
The first installment is paid to the nominee after the settlement of the claim and the remaining 10 installments are paid on the following death anniversaries of the Life Assured. (policybazaar.com)
Step 4 — from the next death anniversary of the life insured, 6 % of the Sum Assured is paid to the life insured's nominee or beneficiary for 15 years. (easypolicy.com)