Sentences with phrase «guaranteed annual payouts at»

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

Not exact matches

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.)

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.

Star Union Dai - ichi's Guaranteed Money Back Plan is a traditional money back plan that provides cash payouts at regular intervals along with guaranteed annual Guaranteed Money Back Plan is a traditional money back plan that provides cash payouts at regular intervals along with guaranteed annual guaranteed annual additions.

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.

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.

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.

The Guaranteed Annual Payouts (GAPs) received under this plan depend the annual premium and the age at the policy commencAnnual Payouts (GAPs) received under this plan depend the annual premium and the age at the policy commencannual premium and the age at the policy commencement.

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.

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.