Compound Reversionary Bonus: Starting from
1st policy anniversary, Compound Reversionary Bonus is declared based on the performance of the company.
Top Up Option: he policyholder may opt for a systematic increase of your cover from
1st policy anniversary onwards.
The compounded reversionary bonus will accrue every year from
the 1st policy anniversary and will be payable on death or maturity.
Top up Option: In the Top up Option you may opt for a systematic increase of your cover from
1st policy anniversary onwards.
With this option you may opt for a systematic increase of your cover from
1st policy anniversary onwards
1st policy anniversary in New York and Florida.
Not exact matches
On the birth or legal adoption of a child and the
1st, 3rd and 5th
policy anniversaries, the maximum increase in the original Basic Sum Assured is 25 %.
IOR Option 1 (available only at issue) If the 10 - year Treasury rate increases by 0.50 % (50bps) or more on your
policy's
1st semi-
anniversary or
1st anniversary, your guaranteed interest rate will automatically increase by 0.50 % (50bps).
IOR Option 2 (available only at issue) If the 10 - year Treasury rate increases by 1.00 % (100bps) or more on your
policy's
1st semi-
anniversary,
1st anniversary, 2nd semi-
anniversary, or 2nd
anniversary, your guaranteed interest rate will automatically increase by 1.00 % (100bps).
iii) For someone who is looking for a Step - up option to increase insurance cover at certain important stages in life like marriage, purchase of house, child birth,
1st, 3rd and 5th
policy anniversary etc. or Step - down option at a later stage in life, ePreferred from Kotak Life fits the requirement and is a good choice.
It allows you to increase cover by 25 % during event of child birth and on the
1st, 3rd and 5th
policy anniversary.
During events like
1st, 3rd and 5th
policy anniversary, child birth the original sum assured can be increased by 25 %.
1.25 % of the average fund value of the last 36 monthly
policy anniversaries is payable for both
1st & 2nd Loyalty Addition.
1.25 % of the average fund value of the last 36 monthly
policy anniversaries is payable for both
1st & 2nd Loyalty Addition at the end of the 10th / 15th
policy year, respectively.
For someone who is looking for a level cover or Step - up Option to increase insurance cover at certain important stages in life like marriage, purchase of house, child birth,
1st, 3rd and 5th
policy anniversary etc. ePreferred from Kotak Life fits the requirement and is a good choice.