Sentences with phrase «6th policy year»

The policy shall participate in profits from the 6th policy year onwards till the end of the deferment period and at such rates as may be declared by the corporation provided the policy is kept in force for full Sum Assured.
It is 0.10 % / 0.30 % of annualized premium for 1st to 5th / 6th policy year onwards, respectively.
Loyalty Addition in the form of additional units is payable every year from the end of 6th policy year onwards.
Wealth Boosters in the form of additional units are added under the policy, starting from the end of 6th policy year (11th Policy Year for Band 1) till maturity of the policy.
For regular / limited pay, the Premium Allocation Charge is 4 % / 3 % / 2.75 % / 1.50 % or 1st policy year / 2nd to 4th policy year / 5th policy year / 6th policy year & onwards, respectively.
The Premium Allocation Charge is 4.5 % / 5 % / 4 % of the annualized premium for 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.
Policy Administration Charge: The Policy administration charge is 6.30 % / 3.15 % per annum during 1st to 5th policy year / 6th policy year onwards, subject to a maximum of Rs 6000 per annum.
Policy Administration Charge: The Policy administration charge is 0.50 % / 0.25 % per month during 1st to 5th policy year / 6th policy year onwards.
Partial Withdrawal is allowed from 6th policy year onwards and in case of minor lives, the life assured attains 18 years.
Policy Administration Charge: The Policy administration charge is 0.10 % / 0.05 % per month during 1st to 5th policy year / 6th policy year onwards, subject to a maximum of Rs 500 per month.
For Regular Premium payment policies (annual mode), it is 9 % / 2.5 % / 2 % for 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.
For regular pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.
Policy Administration Charge: Policy administration charge is 0.25 % / 0.30 % of annualized premium per month for 1st to 5th policy year / 6th policy year onwards, respectively subject to a maximum of Rs 500 per annum.
Increase or Decrease in Sum Assured is allowed from 6th policy year onwards.
This charge increases by 20 % every five years from the 6th policy year, subject to a maximum of Rs 500 per month.
It is 0.07 % of Single Premium per month increasing @ 5 % per annum on each Policy Anniversary from 6th policy year onwards.
This charge increases @ 20 % after every five years starting from 6th policy year.
For Limited / Regular Pay, the policy administration charge is 0.39 % per month of the annualized premium increasing @ 5 % per annum on each Policy Anniversary from 6th policy year onwards.
For regular / limited pay (annual mode), the premium allocation charge is 6 % / 5 % / 4 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th policy year onwards, respectively.
You have the option to Increase / Decrease the Sum Assured from 6th policy year onwards.
Scenario II: In case of demise of Rajeev during the 6th policy year, the nominee receives a benefit of Rs 2,29,660 as lumpsum, and the policy then terminates.
For Single Premium policies, it is 1.50 % / 0.75 % for 2nd to 5th policy year / 6th policy year onwards, respectively.
There is an option to increase / decrease in sum assured at each policy anniversary starting from the 6th policy year.
Loyalty Additions is allocated as extra units at the end of every policy year, starting from the end of the 6th policy year.
Loyalty Additions as 0.5 % is made in the form of extra allocation of units at the end of each policy year, starting from 6th Policy year till end of the policy term.
Increase in Policy Term is available at each policy anniversary starting from the 6th policy year.
Partial Withdrawal is allowed from 6th policy year onwards wen the policy holder attains 18 years.Minimum Partial Withdrawal amount is Rs 10,000.
15 % of the basic sum assured is payable at the end of each of 3rd & 6th policy year / 3rd, 6th & 9th policy year / 3rd, 6th, 9th & 12th policy year for policy term 9, 12 & 15 years respectively.
For five pay / regular pay (annual mode), the premium allocation charge is 4 % / 2 % for 1st to 5th policy year / 6th policy year onwards, respectively.
For regular / limited premium, it is Rs 60 per month from 6th policy year onwards.
In 6th policy year, the sum assured increases to Rs 5,50,000 and by 30th year, the sum assured would be increased to Rs 7,50,000.
Simple Reversionary Bonus: You can avail Simple Reversionary Bonus from 6th policy year onwards at a rate, as declared by the Corporation.
From 6th policy year onwards, Rs. 52.17 in 6th year and escalating at 3 % p.a. thereafter.
Additional units will be added to the fund value from the end of 6th policy year in the following manner: End of 6th policy year: Loyalty Additions = 0.5 % of average fund value End of 7th policy year: Loyalty Additions = 0.5 % of average fund value End of 8th policy year: Loyalty Additions = 0.75 % of average fund value End of 9th policy year: Loyalty Additions = 0.75 % of average fund value End of 10th policy year: Loyalty Additions = 1.50 % of average fund value
It is 0.02 % / 0.20 % of annual premium during 2nd to 5th / 6th policy year, respectively.
subject to Policy being in - force, a percentage of Fund Value is added at the end of every Policy year from 6th Policy Year to end of Policy Term.
Partial Withdrawal is allowed from 6th policy year onwards.
Partial Withdrawal is allowed from 6th policy year onwards or on attaining 18 years of age, whichever is later.
When opted for semi annually or monthly mode, It is 4 % / 3 % / 2 % for 1st to 3rd policy year / 4th & 5th policy year / 6th policy year onwards, respectively.
Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives Rs 15,000 is payable at the end of each of 3rd & 6th policy year, as the survival benefit.
Partial Withdrawal is allowed from 6th policy year onwards (in case of minor lives, life assured attains 18 years or above).
Policy Administration Charge: For single pay policies it is 0.12 % of single premium (1st to 5th policy year), 0.07 % increasing at 5 % per annum (6th policy year onwards).
In case you invest in BSLI Wealth Max Plan, you can receive Guaranteed Additions that starts from 6th policy year onwards.
Policy Administration Charge: The charge is 0.40 % per month inflating from 6th policy year at 5.50 % p.a subject to a maximum of Rs 500 per month or 0.5 f premium per month whichever is lower.
The premium allocation charge is 7.5 % / 5 % / 3 % during the 1st policy year / 2nd to 5th policy year / 6th policy year onwards, respectively.
Sum Assured Multiplier Factor can be changed at each policy anniversary starting from the 6th policy year.
For policy term 9 years: 15 % of the Sum Assured at the end of each of 3rd & 6th policy year For policy term 12 years: 15 % of the Sum Assured at the end of each of 3rd, 6th & 9th policy year For policy term 15 years: 15 % of the Sum Assured at the end of each of 3rd, 6th, 9th & 12th policy year
The plan provides Guaranteed Additions @ Rs. 50 / - per thousand Sum assured for each completed year, for the first five years and reversionary bonus from the 6th policy year.
Partial Withdrawal is allowed from 6th policy year onwards (in case of minor lives, the life assured attains 18 years).
Partial Withdrawal is allowed from 6th policy year onwards (in case of minor lives, life assured attains 18 years).
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