Sentences with phrase «during the tenure of the policy survival»
Not exact matches
It offers periodical payment of partial survival benefits during the tenure of the policy as long as the policyholder is alive.
https://www.policybazaar.com/
The policyholder will have the option to take the survival benefit at any time on or after its due date but during the tenure of the policy.
If the policyholder survives the policy tenure, then no maturity or survival benefit is payable at any time during the policy tenure or after the culmination of the policy.
The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term) till policy maturity and also pays lump sum amount at the time of maturity (or) on death of the policyholder (during the policy tenure).