Sentences with phrase «guaranteed additions depending»
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Guaranteed additions of up to 10 % (depending on plan term chosen) regularly added during the plan term.
In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance company).
Guaranteed Additions expressed as a percentage of the Sum Assured are added in the first 5 years of the Kotak Life policy depending on the premium mode chosen.
This policy has the added benefit of Guaranteed Additions, which grows at 4 % - 6 % depending on the policy term.
On maturity, the premium paid is returned along with a Guaranteed Addition added at the time of maturity calculated as a percentage of the single premium paid and depends on the tenure and the amount of coverage chosen.
Guaranteed Additions accrue under the plan for each completed policy year which depends up on the policy tenure.
The rate of Guaranteed Additions will depend upon the policy term and will accrue during the first 5 years of the policy.
• Guaranteed returns: Your policy earns a Guaranteed Addition of 7 % per annum to 9 % per annum of the Annualized Premium (excluding taxes and any other extra premium), depending upon the policy term chosen by you, till the end of the policy term which is payable at maturity.
It also offers return of premium at the time of maturity grouped with guaranteed additions, however this depends on the policy terms and conditions
The Guaranteed Additions that accrue at the end of every policy year in your policy depends on the policy term chosen by you and are as follows
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
Guaranteed Additions accrue @ 5.5 % or 6 % of the cumulative premiums paid depending on the premium range
The Guaranteed Addition percentage depends up on the term chosen and the premium payment option chosen.
Accrued Guaranteed Loyalty Additions of up to 315 % of Guaranteed Maturity Benefit, depending on the premium payment term chosen
The Guaranteed Maturity Additions depends on the policy term as mentioned below:
Guaranteed Additions are expressed as a % of annual Premium and depend on the PPT and premium amount
Guaranteed Additions are added every year as a percentage of the chosen Sum Assured depending on the plan tenure chosen
Guaranteed Additions from the end of the first policy year depending on the instalment premium selected
Depending on the situation, most applicants will purchase a term policy in addition to a guaranteed universal life insurance policy.
Depending on the plan term you choose, guaranteed additions of up to 10 % are regularly added during plan term
The amount of Guaranteed Loyalty Additions depends on Policy Term, Premium Paying Term, Annualized Premium, Entry Age and Gender of the Life Insured.
Guaranteed Addition varies from 2 % to 6 %, depending on the annualized premium, policy year & premium payment term chosen.
Guaranteed additions of up to 10 % (depending on plan term chosen) regularly added during the plan term.
(Policy Term / 2) % * Basic Sum Assured is payable as Guaranteed Loyalty Addition on death or maturity and it depends on the policy term chosen.
Guaranteed Addition as 9 % on your total premiums paid during first 2 / 4/6 plan years depending on the premium payment term chosen.
Guaranteed Accrual Additions (GAA) depends on policy term, premium paying term, annualized premium, entry age and gender of the life insured.