Sentences with phrase «guaranteed annual payouts of»

Moreover, all future premiums are waived and Guaranteed Annual Payouts of Rs 2,00,000 will be payable in the last four policy years before the maturity of the policy.

This means that if you pay a premium of «1,00,000 per annum for 5 years, you would receive a guaranteed annual payout of «1,35,000 from the end of the 6 th to the end of the 10 year.

In case of the unfortunate event of the death of Mr. Verma, Mrs. Verma will continue to receive the guaranteed annual payout of Rs. 65,530 throughout her lifetime, enabling her to be financially independent during the golden years.

Not exact matches

Educators» defined - benefit plans typically provide retirees with guaranteed lifetime benefits, with the annual payout based on the number of years of service and annual salary in the final years of active employment.

In our example, Patricia could buy a $ 300,000 annuity at age 65 and generate a yearly payout of $ 15,040 for life, based on a recent quote provided by Cannex Financial Exchanges Ltd. (This particular annuity includes annual payout increases of 2 % designed to compensate for inflation and a 10 - year guarantee period.)

A traditional participating endowment plan — Childsurance Savings Protection Insurance Plan which is with guaranteed annual payouts and inbuilt waiver of premium and a unit - linked endowment plan — Wealthsurance Suvidha Growth Insurance Plan are also included that focus on first time ULIP customer.

A Guaranteed Annual Payout called the Tuition Fee Support depending on the premium variant is paid out every year after the completion of the premium paying tenure and till the child reaches 17 years of age.

Once the policy term ends, the policyholder receives guaranteed annual payouts up to the age of 85 years.

Guaranteed Annual Payouts — once the 10th policy year is completed, you will begin receiving yearly payouts until maturity or death of the Life insured (whichever is ePayouts — once the 10th policy year is completed, you will begin receiving yearly payouts until maturity or death of the Life insured (whichever is epayouts until maturity or death of the Life insured (whichever is earlier)

Target Group For customers who are looking for a tax saving life insurance plan which guarantees Double Returns over the payout period in the form of monthly / annual stream of income.

It is paid out as guaranteed annual payouts either in the last 3 or last 5 years of the policy, depending on the policy term you choose.

Even in the unfortunate event of death, the guaranteed annual payouts and bonuses will be paid on their respective due dates.

Money backs are paid in the form of Guaranteed Annual payouts either in the last three plan years at 20 %, 20 % and 60 % of basic Sum Assured or in the last five years of the plan at 20 % of the basic Sum Assured every year.

In case of death of a policy holder during the policy term, future premiums are waived off and guaranteed annual payouts are payable to the nominee

3 types of Guaranteed payouts options a) Monthly Income (as opted) b) Annual Income - 5 times of monthly income at the end of each policy year of payout period, c) 40 times / 70 times of monthly income as Guaranteed Maturity Benefit.

Pure Income Benefit Option: If the life insured survives during the benefit payout period (starts immediately after completion of the premium payment term till maturity of the policy), he / she will receive Annual Guaranteed Income, Special Additional Bonus, & Simple Reversionary Bonus.

In the event of unfortunate death of the life insured during the term of the policy, an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.

This plan is designed to give the guaranteed annual payouts at important milestones of your child, even in your absence.

The guaranteed annual payouts are also payable in the last 5 years (20 % in each of the last 5 years) and it is applicable when the policy term is 15 to 25 years.

Guaranteed annual payouts are payable for the last 3 years (20 % each of the last 2 years from maturity and 60 % at policy maturity) and it is applicable when the policy term is 10 to 14 years.

Maturity sum assured is paid as guaranteed annual payouts to meet key milestones of your child.

Guaranteed annual payouts are paid every year from the 6 to 10 policy year and are expressed as a percent of annual premium (exclusive of service tax, education cess and mortality loading) depending on the age at entry.

Maturity benefit is equal to the Maturity sum assured is the sum of all the guaranteed annual payouts

The frequency of the guaranteed payout will be Annual / Semi - Annual / Quarterly as chosen by the insured.

In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the guaranteed annual payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.

Let us understand the plan with the example of Rameshwar: Life Insured: Rameshwar Age: 40 years Policy Term: 10 years Premium: Rs 1 Lakh per annum The guaranteed annual payout begins from the end of the 6 year to the end of the 10 year will be guaranteed at 135 % of the annual premium paid.

Incomesurance Guaranteed Money Back plan is a plan which ensures guaranteed income that enables you to attain a peace of mind and be assured about a safe financial future.The plan offers limited premium payment for 7 years and get life cover for 14 years.The plan offers guaranteed annual payouts irrespective of the market vGuaranteed Money Back plan is a plan which ensures guaranteed income that enables you to attain a peace of mind and be assured about a safe financial future.The plan offers limited premium payment for 7 years and get life cover for 14 years.The plan offers guaranteed annual payouts irrespective of the market vguaranteed income that enables you to attain a peace of mind and be assured about a safe financial future.The plan offers limited premium payment for 7 years and get life cover for 14 years.The plan offers guaranteed annual payouts irrespective of the market vguaranteed annual payouts irrespective of the market volatility.

In the unfortunate case of death of the life insured at any time during the policy term of 14 years, provided the policy is in force and all premiums have been paid in full, the beneficiary would be paid the death sum assured which would be the highest of: Guaranteed Sum Assured on maturity *, 10 times of Annualised Premium, 105 % of all premiums paid (including extra premiums and modal loading), Basic Sum Assured (An absolute amount of 10 times premium, including extra premiums and modal loading) or Sum of all Guaranteed Annual Payouts.

In the unfortunate event of your death during this period, your family will get a lump sum amount regardless of any Guaranteed Annual Payouts or Critical Illness Benefit received earlier.

In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the Guaranteed Annual Payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.