Sentences with phrase «accrued simple reversionary bonus»
On the unfortunate event of death, the beneficiary will get Death Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus, if any.
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On the maturity date, you will get the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus, if any.
Applicable and the accrued reversionary bonus is payable on death or surrender or maturity claim amount.Reversionary bonus is expressed as a percentage of the base sum assured.Terminal bonus is payable only on maturity and is expressed as a % of the accrued simple reversionary bonus.
The benefits payable to the nominee (Rahul's wife) will be sum assured on death (Rs 5 Lacs) plus accrued simple reversionary bonus plus interim bonus plus terminal bonus.
On survival till the end of the policy tenure, the policyholder gets the remaining 40 % of the Sum Assured + accrued simple Reversionary Bonus + Terminal Bonus as Maturity Benefit and the policy terminates.
The remaining 40 % of Sum Assured along with accrued simple Reversionary Bonus + Terminal Bonus would be paid as Maturity Benefit on survival till the end of the Policy Tenure.
The death benefit + accrued simple reversionary bonus + terminal bonus, if any.
Maturity Benefits: If the insured survives till the maturity date, the he shall receive the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus.
On Maturity, the Sum Assured with accrued Simple Reversionary Bonus and terminal bonus is paid in the form of annuity either immediately or it can be deferred to purchase a Single Premium Deferred Annuity plan.
The GSV depends on a percentage of the total Premiums paid and the rebated value of accrued Simple Reversionary Bonus.
Vesting Benefits If the insured survives and the policy is in - force till Vesting Date, the Vesting Benefit shall be: Base Sum Assured + Accrued Simple Reversionary Bonus + Terminal Bonus, if any.
Maturity Benefit is paid if the person whose life is insured is alive when the policy matures, he or she receives 40 % of the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus.
On the death of the policyholder, the beneficiary receives the following Death Benefits: (1) Death Sum Assured plus Accrued Simple Reversionary Bonus.
On maturation, the policy pays a guaranteed amount of 40 % of Base Sum Assured plus accrued Simple Reversionary Bonus and Terminal Bonus if applicable.
Terminal Bonus — A Terminal Bonus is a percentage of the accrued simple reversionary bonus which the company may declare.
Under the Endowment Option, 125 % of Sum Assured and accrued simple reversionary bonuses with any Terminal Bonus is paid on maturity
On maturity, the accrued simple reversionary bonuses and any Terminal Bonus is paid.
On maturity, the accrued simple reversionary bonuses and any Terminal Bonus is paid to the policyholder
In the event of the unfortunate death of the Life Assured, the nominee shall receive Sum Assured on Death (as described below) plus the accrued Simple Reversionary Bonuses plus Terminal Bonus, if any, subject to 105 % of all premiums paid as on date of death and the Policy shall terminate.
Bonus: This policy participates in the bonuses of the company and the policy accrues Simple Reversionary Bonuses and Final Additional Bonus
Bonus: This policy participates in the bonuses of the company and the policy accrues simple Reversionary Bonus and Final Addition Bonus, if any
Maturity Benefit: If the policyholder survives till the end of the policy term, he shall receive maturity sum assured, that'll be the 40 % of the base sum assured, plus accrued simple reversionary bonuses plus terminal bonus, if any
This policy accrues Simple Reversionary Bonus compounded annually.
Maturity Benefit is the maturity sum assured plus accrued simple reversionary bonuses plus terminal bonus is payable.
Maturity benefit is payable as a lump sum which is equal to the sum assured of Rs 5 Lacs plus Sum Assured plus accrued simple reversionary bonuses plus interim bonus plus terminal bonus, if any.The policy terminates thereafter.
Maturity benefit is payable as a lump sum which is equal to the sum assured plus accrued simple reversionary bonuses plus interim bonus plus terminal bonus, if any.
At the time of maturity of the plan, you get 40 % of the Sum Assured along with accrued simple reversionary bonuses and Final Additional Bonus.
Not exact matches
Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.
A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.
In case the insured dies after the completion of first 5 years of the policy, the nominee of the policy receives the basic sum assured + accrued guarantee addition + simple reversionary bonus + final reversionary bonus (if any), which can be paid as a lump - sum or as an annuity, or as a combination of two.
Simple reversionary bonuses accrue from the 3rd policy year and thereafter till the end of the term.
On Maturity the Guaranteed Sum Assured on Maturity is payable which is equal to basic SA including accrued Guaranteed Additions @ 7 % and vested Simple Reversionary Bonuses
Simple reversionary bonuses accrue from the 3
The principal sum amount created to provide pension to the old age is the sum assured + simple reversionary bonus + accrued guaranteed additions + terminal bonus.
Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole policy year.
Bonuses — Any Simple Annual Reversionary Bonuses get accrued to your plan from the end of the first year of the policy and are eligible to be paid upon Maturity, Death or Accidental Total Permanent Disability
Bonuses — Non-guaranteed Annual Simple Reversionary Bonus can be declared by the company and accrued to the policy at the end of each year, if all premiums are paid.
If Death occurred after 5 years, Basic Sum Assured, accrued Guaranteed Addition, Simple Reversionary, and final extra bonus if any is paid to nominee.
Simple Reversionary Bonuses will be declared during the policy term, starting from first policy year, which shall accrue at the end of each year.
On death after the first five years, basic Sum Assured + accrued Guaranteed Additions + vested Simple Reversionary Bonuses and Final Additional Bonus, if any is paid either in lump sum or in annuity or partly in lump sum and partly in annuity.
He or she receives the Minimum Guaranteed Sum Assured plus the accrued Guaranteed Additions and Simple Reversionary Bonus and Terminal Bonus if any.
The corpus thus made is a combination of Sum Assured + Accrued Guaranteed Additions + Simple Reversionary Bonus + Terminal Bonus.
After the policy matures, maturity amount which includes 40 % of sum assured + Accrued Bonuses (vested Simple Reversionary Bonuses) + Final Additional Bonus (FAB — if any) will be paid.
Benefit on Vesting would be provided under the policy in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Assured.
If, under the policy, the Simple Reversionary Bonus for a particular financial year is Rs 30; the total bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular Bonus for a particular financial year is Rs 30; the total bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular year.
The Simple Reversionary Bonus accrues during the term of the premium payment and is paid either at the end of the term or on death, whatever occurs earlier.
On death after the first five policy years, the Basic Sum Assured along with accrued Guaranteed Addition, Simple Reversionary and Final Additional Bonus is paid.
In addition, the surrender value of any vested Simple Reversionary Bonuses, if any, shall also be payable, which is equal to accrued bonuses multiplied by the surrender value factor applicable to accrued bBonuses, if any, shall also be payable, which is equal to accrued bonuses multiplied by the surrender value factor applicable to accrued bbonuses multiplied by the surrender value factor applicable to accrued bonusesbonuses.
Non-Guaranteed Annual Simple Reversionary bonus gets accrued to the policy at the end of each year provided all due premiums are paid and is payable at Maturity.
Scenario A: On survival of Mr. Raj In case of survival of the life insured till the vesting date, an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus is payable.