Sentences with phrase «guaranteed death benefit payable»

Family Income Benefit Option: It is 110 % of Guaranteed Death Benefit payable in 60 monthly installments.

50 % of Guaranteed Death Benefit payable is payable as lumpsum and an assured monthly income for the next 5 years.

The Guaranteed Death Benefit payable is 105 % of the total premiums (including top - up premiums) paid.

The variable life insurance policy can offer a guaranteed death benefit payable under the policy.

Not exact matches

The minimum amount payable under death benefits or maturity guarantees provided for under the terms of the segregate fund contract.

On death of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomdeath of the policyholder, an amount which will be higher of the fund value as on the date of death or the Guaranteed Death Benefit is payable to the nomdeath or the Guaranteed Death Benefit is payable to the nomDeath Benefit is payable to the nominee.

Death Benefit — Benefit payable to the nominee shall be Sum Assured + Guaranteed Additions Accrued to date of death + Accrued Assured Income if oDeath Benefit — Benefit payable to the nominee shall be Sum Assured + Guaranteed Additions Accrued to date of death + Accrued Assured Income if odeath + Accrued Assured Income if opted.

In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.

Provides the benefit of waiver of all future premiums payable Guarantees security of income to the family on earlier occurrence of untimely death, accidental permanent total disability or critical illness.

With North American Life Insurance Company's Custom Guarantee universal life insurance policy, an insured has the ability to have guaranteed death benefit protection up to his or her age 120, with no premiums payable after age 100.

On death, the Sum Assured on death is payable which is higher of 125 % of the Single Premium is age is less than 45 years or 110 % of the Premium for ages equal to and above 45 years or the Guaranteed Maturity Benefit

The guaranteed death benefit is not payable in case the life insured (whether sane or insane) commits suicide within 12 months from the date of policy commencement.

Death Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is payDeath Benefits: In case of the insured's death, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is paydeath, Higher of, Sum Assured Or, Guaranteed Maturity Benefits are subject to a minimum 105 % of all premiums paid till death is paydeath is payable.

The Custom Guarantee universal life product that is offered through North American Life Insurance Company provides a guaranteed death benefit up to the insured's age 120, with no premiums payable after age 100.

The company's Simplified Life is a graded death benefit whole life insurance policy is issued to those aged 50 — 80, providing death benefits from $ 2,500 to $ 25,000, level premiums guaranteed never to increase and a full death benefit payable after two policy years.

With both life insurance and key man life, there is a policy owner who makes premium payments to a life insurance company for the guarantee a specified amount of money, referred to as the death benefit, will be payable to the beneficiary.

Premiums are generally payable for the rest of your life and most policies designed for seniors offer guaranteed death benefits.

Our Golden Life Advantage is similar to the Guaranteed Life Plan, possessing the same reliable and effective Life and Accidental Death benefits, but payable in only 10 years.

The policyholder enjoys the Guaranteed Death Benefit which is payable to the person nominated at the time of the death of the policyhoDeath Benefit which is payable to the person nominated at the time of the death of the policyhodeath of the policyholder.

Fund Value Guaranteed Death Benefit = 105 % of Total Premiums Paid till death is payDeath Benefit = 105 % of Total Premiums Paid till death is paydeath is payable.

In case of death of the insured during the tenure of the plan, the death benefit will be payable which will be higher of the Guaranteed Sum Assured or 10times the annual premium paid or 105 % of all premiums paid till the date of death.

Term insurance is the simplest form of life insurance plan that offers comprehensive life coverage over a period of time and in case the insured person dies during the tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.

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

Over time, the guaranteed cash value, and dividends (when payable) can be used for the trust's immediate use, or the dividends could purchase paid - up additional insurance to increase the total death benefit payable to the trust.

On death, Guaranteed Death Benefit + vested bonuses + Terminal Bonus, if any is payable subject to a minimum of 105 % of all premiumsdeath, Guaranteed Death Benefit + vested bonuses + Terminal Bonus, if any is payable subject to a minimum of 105 % of all premiumsDeath Benefit + vested bonuses + Terminal Bonus, if any is payable subject to a minimum of 105 % of all premiums paid

On death of the life assured before the vesting date, the death benefit payable to the nominee will be higher of the total Fund Value as on date of receipt of intimation of death or the Guaranteed Death Bedeath of the life assured before the vesting date, the death benefit payable to the nominee will be higher of the total Fund Value as on date of receipt of intimation of death or the Guaranteed Death Bedeath benefit payable to the nominee will be higher of the total Fund Value as on date of receipt of intimation of death or the Guaranteed Death benefit payable to the nominee will be higher of the total Fund Value as on date of receipt of intimation of death or the Guaranteed Death Bedeath or the Guaranteed Death BeDeath BenefitBenefit

The above death benefit is payable irrespective of any guaranteed monthly income benefits already paid.

The plan offers guaranteed 115 % of the sum assured as maturity / death benefit which is payable under the policy benefits.

In the event of death of the life insured during the term of the policy provided all due premiums are paid, the Sum Assured on Death, subject to the guaranteed death benefit of 105 % of the total premiums paid till date of death, is payable immediately and the policy will be converted to a fully paid - up podeath of the life insured during the term of the policy provided all due premiums are paid, the Sum Assured on Death, subject to the guaranteed death benefit of 105 % of the total premiums paid till date of death, is payable immediately and the policy will be converted to a fully paid - up poDeath, subject to the guaranteed death benefit of 105 % of the total premiums paid till date of death, is payable immediately and the policy will be converted to a fully paid - up podeath benefit of 105 % of the total premiums paid till date of death, is payable immediately and the policy will be converted to a fully paid - up podeath, is payable immediately and the policy will be converted to a fully paid - up policy.

In the event of demise of Mr. Raman during the 8th policy year, a lump sum amount of Rs 5 Lacs plus Accrued Guaranteed Loyalty Additions is payable as the death benefit to the nominee.

On unfortunate demise of the life insured before the vesting date, the death benefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Benefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date of ddeath benefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Benefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date ofbenefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Benefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date of ddeath or the Guaranteed Death Benefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date of dDeath Benefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date ofBenefit.Guaranteed Death Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date of dDeath Benefit is 105 % of the sum of all premiums and top - up premiums paid till the date ofBenefit is 105 % of the sum of all premiums and top - up premiums paid till the date of deathdeath.

In the event of death of the life insured during the policy term, provided all due premiums are paid, the death benefit payable is sum assured on death plus guaranteed loyalty additions plus vested bonus plus interim bonus plus terminal bonus.

On the death of the life insured during the policy term, a death benefit is payable is Guaranteed Death Benefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (if death of the life insured during the policy term, a death benefit is payable is Guaranteed Death Benefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (if death benefit is payable is Guaranteed Death Benefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (ibenefit is payable is Guaranteed Death Benefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (if Death Benefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (iBenefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (if any).

In the event of death of the life insured during the policy term, lump sum death benefit as Guaranteed Death Sum Assured (GDSA) is payable to the nomdeath of the life insured during the policy term, lump sum death benefit as Guaranteed Death Sum Assured (GDSA) is payable to the nomdeath benefit as Guaranteed Death Sum Assured (GDSA) is payable to the nomDeath Sum Assured (GDSA) is payable to the nominee.

On unfortunate demise of Subhash before the vesting date, the death benefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Bendeath benefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Bbenefit payable to the nominee is higher of the Fund Value as on the date of intimation of death or the Guaranteed Death Bendeath or the Guaranteed Death BenDeath BenefitBenefit.

On Death of the Life Insured during the Policy Term, lump sum Death Benefit equal to Guaranteed Sum Assured on Death (GSAD) will be payable to the nominee.

Family Income Benefit: If you choose option B, 60 % of Guaranteed Death Benefit is payable in equal installments for a period of 60 months.

Option B Option: Guaranteed Death Benefit plus family income benefit is pBenefit plus family income benefit is pbenefit is payable.

The plan is eligible for the bonuses declared by the company.A simple Reversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

On the death of the life insured during the policy term, a Guaranteed Death Benefit is payable which is Highest of any of the Sum Assured plus accrued Guaranteed Additions and Bonuses, Guaranteed maturity benefit plus accrued Guaranteed Additions and Bonuses or Minimum Death Bendeath of the life insured during the policy term, a Guaranteed Death Benefit is payable which is Highest of any of the Sum Assured plus accrued Guaranteed Additions and Bonuses, Guaranteed maturity benefit plus accrued Guaranteed Additions and Bonuses or Minimum Death BenDeath Benefit is payable which is Highest of any of the Sum Assured plus accrued Guaranteed Additions and Bonuses, Guaranteed maturity benefit plus accrued Guaranteed Additions and Bonuses or Minimum Death BBenefit is payable which is Highest of any of the Sum Assured plus accrued Guaranteed Additions and Bonuses, Guaranteed maturity benefit plus accrued Guaranteed Additions and Bonuses or Minimum Death Bbenefit plus accrued Guaranteed Additions and Bonuses or Minimum Death BenDeath BenefitBenefit.

Bonuses once attached to the policy are payable on death, surrender or maturity as may be applicable.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

Option 1: Lump sum Amount on death: Guaranteed Death Benefit (The Guaranteed Death Benefit is the Sum Assured on Death which is the highest of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid to death: Guaranteed Death Benefit (The Guaranteed Death Benefit is the Sum Assured on Death which is the highest of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid to Death Benefit (The Guaranteed Death Benefit is the Sum Assured on Death which is the highest of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid to Death Benefit is the Sum Assured on Death which is the highest of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid to Death which is the highest of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid to date)

In the event of death of the life insured, the benefits payable to the nominee will be Basic Death Benefit, Plus guaranteed yearly additions accrued as on the date of ddeath of the life insured, the benefits payable to the nominee will be Basic Death Benefit, Plus guaranteed yearly additions accrued as on the date of dDeath Benefit, Plus guaranteed yearly additions accrued as on the date of deathdeath.

Death Benefit is equal to an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are pBenefit is equal to an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are pbenefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.

In the event of death of the life insured after the premium paying term, the Death Benefit payable is higher of 105 % of total premiums paid, 10 times the Annualized Premium, or 120 % of Sum Assured, irrespective of guaranteed cashback already death of the life insured after the premium paying term, the Death Benefit payable is higher of 105 % of total premiums paid, 10 times the Annualized Premium, or 120 % of Sum Assured, irrespective of guaranteed cashback already Death Benefit payable is higher of 105 % of total premiums paid, 10 times the Annualized Premium, or 120 % of Sum Assured, irrespective of guaranteed cashback already paid.

In the event of death of the life assured during the term of the policy (fully paid / premium paying policy), the Death Benefit payable is higher of Minimum Death Benefit, Sum Assured plus Bonuses, or Guaranteed Maturity Benefit plus Bondeath of the life assured during the term of the policy (fully paid / premium paying policy), the Death Benefit payable is higher of Minimum Death Benefit, Sum Assured plus Bonuses, or Guaranteed Maturity Benefit plus BonDeath Benefit payable is higher of Minimum Death Benefit, Sum Assured plus Bonuses, or Guaranteed Maturity Benefit plus BonDeath Benefit, Sum Assured plus Bonuses, or Guaranteed Maturity Benefit plus Bonuses.

If you choose option B, 60 % of Guaranteed Death Benefit (as Family Income Benefit) is payable in equal installments for a period of 60 months.

In the event of the demise of the life insured, the Death Benefit payable is higher of Defined Assured Benefit or 105 % of the total premiums paid plus sum guaranteed additions and bonuses.

Scenario B: On demise of Chirag within the policy term On the unfortunate death of Chirag, the Death Benefit payable is higher of Defined Assured Benefit or 105 % of the total premiums paid plus sum guaranteed additions and bondeath of Chirag, the Death Benefit payable is higher of Defined Assured Benefit or 105 % of the total premiums paid plus sum guaranteed additions and bonDeath Benefit payable is higher of Defined Assured Benefit or 105 % of the total premiums paid plus sum guaranteed additions and bonuses.

The total death benefit payable is subject to a minimum of Death Sum Assured plus Accrued Annual Guaranteed Additdeath benefit payable is subject to a minimum of Death Sum Assured plus Accrued Annual Guaranteed AdditDeath Sum Assured plus Accrued Annual Guaranteed Additions.