Sentences with phrase «death during deferment»

In case of death during deferment period, the nominee can utilize this benefit proceeds through any of the following manner:

Not exact matches

Under the LIC child plan, in case of death of the insured during the deferment period, i.e. when the risk has not begun, only the paid premiums are returned

In case the child dies during the deferment period, the premiums paid till the date of death are returned because the life cover is not applicable during that period.

Deferred annuity plans on the other hand provide for a death benefit during the deferment period when annuity payments do not accrue

During the deferment period death of the insured child would include the return of premiums since the Sum Assured is not active during thatDuring the deferment period death of the insured child would include the return of premiums since the Sum Assured is not active during thatduring that time.

This plan provides for death cover during the deferment period and offers annuity on survival to the date of vesting.

The guaranteed death benefit, guaranteed vesting benefit and option to pay top - up premiums will continue during this deferment period.

LIC's New Jeevan Nidhi Plan is a conventional with profits pension plan which provides for death cover during the deferment period and offers annuity on survival of the date of vesting.