Sentences with phrase «final additional bonus if»

If the policyholder has paid all the premiums that is the full amount and survives till the end term of the policy than the Maturity Benefit will be included in the Sum quoted on the maturity plus the vested Simple reversionary benefits and the Final Additional Bonus if any is there will be added.

LIC generally declares Final Additional Bonus if a policy term is more than 15 years.

Death Benefit = Sum Assured on Death + vested Simple Reversionary Bonuses + Final Additional Bonus if any.

Besides, any simple revolutionary bonuses as well as final additional bonuses if any are paid off to the nominee.

Not exact matches

If you are able to reach $ 25K in total spend for the year, you will trigger the final bonus which is an additional 7.5 K anniversary bonus.

As in the previous Be Mine bundle, there will also be additional group bonuses unlocked as the donation total grows including «music from Urge Overkill, Falling Up and Moonlight Bride, indie film The Red Skulls + Chicken, and a special final bonus game if the promotion reaches its total meal goal».

Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of 125 % of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid subject to a minimum of 105 % of all premiums paid till the date of death

Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid, subject to a minimum of 105 % of all premiums paid till the date of death

If the life insured survives the whole tenure of the policy, then the sum assured on maturity i.e. 40 % of the basic sum assured + simple reversionary bonus + final additional bonus (if any) is payable after the maturity of the policIf the life insured survives the whole tenure of the policy, then the sum assured on maturity i.e. 40 % of the basic sum assured + simple reversionary bonus + final additional bonus (if any) is payable after the maturity of the policif any) is payable after the maturity of the policy.

Maturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of the policy.

In case of survival till the policy end, one will get Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as maturity benefit.

(approx data for analysis purpose) The final Bonus amount will be = 0.055 X 1,00,000 X 25 = Rs 137500 / - So on maturity the total amount will be = Rs 100000 + Rs 137500 = Rs 237500 / - You will also get Final Additional Bonus (FAB) with this amount (if final Bonus amount will be = 0.055 X 1,00,000 X 25 = Rs 137500 / - So on maturity the total amount will be = Rs 100000 + Rs 137500 = Rs 237500 / - You will also get Final Additional Bonus (FAB) with this amount (if Final Additional Bonus (FAB) with this amount (if any).

Death benefit will be Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Maturity benefit (Benefits payable on maturity) = Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benefits.

Maturity benefit will be Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.

Therefore, the Final Additional Bonus and the Simple Reversionary Bonuses, if any, must be paid under the policy on the maturity due date regardless of the survival of the Assured Life.

In the case of the demise of the policyholder, the policy must continue to take part in the profits up to the maturity date and the entire fixed Final Additional Bonus and Simple Reversionary Bonus, if any, must be payable on the maturity due date.

In case of death post the first 5 years, the chosen Sum Assured under the LIC pension plan including the accumulated Guaranteed Additions, Simple Reversionary Bonuses and Final Additional Bonus, if any till the date of death is payable to the nominee who can avail the death benefit whether in lump sum or annuity or partly in lump sum and partly in annuity depending on his choice

Maturity Benefit: On the Life assured surviving the stipulated date of maturity, Sum Assured on Maturity (40 % of the Basic Sum Assured) + Simple Reversionary Bonuses + Final Additional Bonus, if any, shall be payable.

At the end of the maturity period the Simple reversionary bonus and the Final Additional Bonus (if applicable) is paibonus and the Final Additional Bonus (if applicable) is paiBonus (if applicable) is paid out

The maximum maturity age as per the plan is 75 years If the policyholder survives till the maturity of the policy, then he would be entitled to the basic Sum Assured in addition to simple reversionary bonuses and Final Additional bonus (if anyIf the policyholder survives till the maturity of the policy, then he would be entitled to the basic Sum Assured in addition to simple reversionary bonuses and Final Additional bonus (if anyif any).

This policy participates in the profits of LIC and offers simple Reversionary Bonus and Final Additional Bonus, if any

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.

In case of demise of the policyholder during the term of the policy, then the death benefit which is equal to the summation of «Sum Assured on Death», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficiary.

The fixed Final Additional Bonus and the Simple Reversionary Bonuses, if any, contained in the Death Benefit must be payable on the maturity due date.

On Maturity, 40 % of the base Sum Assured + vested simple reversionary bonuses + Final Additional Bonus, if any, are paid.

On death after the risk cover has begun, the Sum Assured (SA) on death + vested simple reversionary bonuses + Final Additional Bonus, if any, is payable subject to a minimum of 105 % of all premiums paid till death.

On Vesting, basic Sum Assured + Guaranteed Additions + vested simple reversionary bonus + Final Additional Bonus, if any, is payable to the policyhobonus + Final Additional Bonus, if any, is payable to the policyhoBonus, if any, is payable to the policyholder.

If all the regular premiums for decided term are paid with no balance premium, the Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bonus.

At the end of this policy, the final additional bonus may be declared if the person insured has paid all the premiums on time.

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.

In addition to the above, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall also be payable.

If Mr. Ashish survives as said in the first case, then he gets the maturity benefit as follows: Maturity Benefit = Sum Assured on maturity + Vested simple Reversionary Bonus + Final Additional Bonus.

But if unfortunate death happens after commencement of risk, then nominee will get Sum Assured on death + Vested Simple Reversionary bonuses and Final Additional Bonus (if any).

If death of the insured occurs after the commencement of risk, death benefit amount including «Sum Assured on death + Final Additional Bonus + Accrued Bonuses will be paid.

Maturity Benefit: The Basic Sum Assured, along with the vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.

Being with the Profits Endowment Assurance plan, this policy collects profits made by the Life Insurance Corporation of India through the Simple Reversionary Bonus and Final Additional Bonus (if applicable) and these are paid out at when the maturity period finishes.

Maturity Benefit: The maturity benefit will be sum assured along with simple reversionary bonuses and Final Additional bonus, if any.

So, if you hear about simple reversionary bonuses, final additional bonus, and loyalty additions, you are most likely looking at a participating plan.

Death Benefit: In case of death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).

On maturity of the policy the child is paid the sum assured along with the accumulated annual bonuses and the final additional bonus (if any).

In the event of death of the policy holder during the policy term, the policy holder gets the sum of Sum Assured, vested Simple Reversionary Bonus and Final Additional Bonus, if any.

His family would get Rs 2 Lakhs as death benefit along with vested bonus + final additional bonus (if any).

If you survive the policy term, you get Sum Assured + Vested Simple Reversionary Bonus + Final Additional Bonus, if anIf you survive the policy term, you get Sum Assured + Vested Simple Reversionary Bonus + Final Additional Bonus, if anif any.

If the life insured survives till the end of the policy term, Sum Assured on Maturity + Vested simple reversionary bonus + Final Additional Bonus (if any) is payable to the policy holdeIf the life insured survives till the end of the policy term, Sum Assured on Maturity + Vested simple reversionary bonus + Final Additional Bonus (if any) is payable to the policy hobonus + Final Additional Bonus (if any) is payable to the policy hoBonus (if any) is payable to the policy holdeif any) is payable to the policy holder.

a) Death Benefit: In case of death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).

a) If Mr.Ramesh unfortunately dies before 45 years of age (before premium payment term, his family would get Rs 2 Lakhs + Vested Bonus + Final Additional Bonus (if anyIf Mr.Ramesh unfortunately dies before 45 years of age (before premium payment term, his family would get Rs 2 Lakhs + Vested Bonus + Final Additional Bonus (if anyif any).

Maturity Benefit: At the maturity, policy holder would get Basic Sum Assured + vested simple reversionary Bonuses + Final Additional Bonus (if any).