The plan offers annual payouts on survival of the life insured till the end of each year starting from
the 8th policy year up to the 14th policy year.
It is available in the form of additional units are added under the policy, starting from the end of
8th policy year.
This charge is not levied from
8th policy year onwards.
When opted for other mode of premium payment, the premium allocation charge is 5 % / 4 % / 3.5 % / 3 % / 2 % for 1st policy year / 2nd policy year / 3rd to 5th policy year / 6th & 7th policy year /
8th policy year onwards, respectively.
In the event of demise of Mr. Raman during
the 8th policy year, a lump sum amount of Rs 20 Lacs or above is payable as the death benefit to the nominee.
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
Premium allocation rate is 96 % / 99 % for 1st to 7th policy year /
8th policy year onwards, respectively.
Scenario B: Kiran dies during the Term of the Policy In the event of the demise of Kiran at the end of
8th policy year, her nominee will receive the following benefits.
Scenario 2: Mr. Bajaj was diagnosed with Early stage cancer in
8th Policy year.
In the event of demise of Mr. Raman during
the 8th policy year, a lump sum amount of Rs 5 Lacs plus Accrued Guaranteed Loyalty Additions is payable as the death benefit to the nominee.
Survival benefit is paid @ 20 % of SA in the 3rd and 6th policy year for the 9 - year term, in the 4th and
8th policy year for the 12 - year term and in the 5th and 10th policy year for the 15 - year term plan.
Scenario II — In case of unfortunate demise of Nikhil at the end of
the 8th policy year (during the premium payment term):
In case of her unfortunate death in
the 8th policy year, the death benefit, based on the assumed investment returns, are as per the table given below:
Not exact matches
The report, «Vision Zero: How Safer Streets In New York City Can Save Over 100 Lives A
Year,» was issued on June
8th by the Drum Major Institute for Public
Policy and Transportation Alternatives.
As initially implemented, the
policy affected primarily those who were a
year below national norms in 3rd grade, or a
year and a half below norms in 6th and
8th grades.
Nearly two thirds of the public favor the federal government's requirement that all students be tested in math and reading each
year in 3rd through
8th grade and at least once in high school, and only 24 % oppose the
policy.
Another study, by Eric Hanushek and Margaret Raymond, both also at Stanford, evaluated the impact of school - accountability
policies on state - level NAEP math and reading achievement measured by the difference between the performance of a state's
8th graders and that of 4th graders in the same state four
years earlier.
In the first several
years under the
policy, more than one - third of all 3rd, 6th, and
8th graders failed to meet the promotion test - score cutoffs by the end of the school
year.
In the first several
years of the
policy, the CPS retained 20 percent of eligible 3rd graders and approximately 10 percent of 6th - and
8th - grade students — compared with an almost negligible retention rate before the ending of social promotion.
In
8th State of the State Address, Governor Cuomo Advances Far - Reaching Agenda to Build on Seven
Years of Progressive
Policy
Guaranteed annual returns are provided from
8th to 13th
year of the
policy.
Typically, a 20
year traditional plan (money - back or endowment) will break even around
8th year of the
policy term.
For the
policy tenure of 24
years, 12 % of the basic sum assured at the completion of 4th,
8th, 12th, 16th and 20th
policy year.
For the
policy tenure of 16
years, 15 % of the basic sum assured is paid at the end of 4th,
8th and 12th
policy year.
Money back
policy offers guaranteed returns with maturity benefits and bonuses timely at fixed intervals such as 4th,
8th, 12th
year and at the maturity of the
policy.
The plan protects your family for 15
years through payout of death benefit in case of your death and gives 3 Guaranteed Money Back payouts of 15 % of the Sum Assured each in the 4th,
8th and 12th
policy year.
Risk cover begins one day before the completion of 2
years of the
policy inception or one day before the
policy anniversary that coincides with or follows the child's
8th birthday
For 20
year policy term, 10 % / 15 % / 20 % / 25 % of sum assured is payable at the end of 4th /
8th / 12th / 16th
policy year, respectively.
For
policy term 16
years, The money backs are paid at the end of 4th /
8th / 12th
policy year.
For
policies having PPT of 10
years and above, the Loyalty Addition is 0.25 % / 0.40 % at the end of 6th & 7th
year /
8th year onwards, respectively.
For 16
year policy term, 10 % / 15 % / 25 % of sum assured is payable at the end of 4th /
8th / 12th
policy year, respectively.
You pay premiums only for the first 7
policy years and enjoy Guaranteed Annual Payouts from the
8th to the 14th
policy year.
Mr.Rajesh would get Rs 150,000 (150 % of Rs 100,000 premium paid) per annum every from
8th year to 14th Year (Since the policy tenure is for 7 ye
year to 14th
Year (Since the policy tenure is for 7 ye
Year (Since the
policy tenure is for 7
years)