Sentences with phrase «guaranteed maturity benefit for»

On survival of the life assured till completion of the premium paying term, Guaranteed Cash Benefit as 1 % & 11.5 % of Guaranteed Maturity Benefit for monthly & Annually cash benefit mode, respectively.

Option 1 — After the premium paying term is over Karim gets 1 % of the Guaranteed Maturity Benefit for the remaining term of 10 years.

Aviva Dhan Samruddhi: It provides guaranteed cash back after every 5 years in addition to the guaranteed maturity benefit for short and long term needs.

Not exact matches

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

You get 270 % of «Sum Assured on Maturity» for Super 6 option and 396 % of «Sum Assured on Maturity» for Super 10 option as total guaranteed benefits.

Survival benefits under the plan start to accrue once the insured attains 61 years of age @ 7.5 % of the Guaranteed Maturity Sum Assured and continues for 15 years thereafter.

Some benefits offered the plan are like providing life Insurance coverage till the age of 75 years, Money back feature where in once receives 7.5 % of the guaranteed Maturity Sum Assured per annum for 15 years to take care from 61 years to 75 years and lastly Maturity benefits at the age of 75 years.

Whereas in Super 10 the premiums are needed to be paid for 10 consecutive years where guaranteed money back benefits will be 10 years i.e. 396 % of the assured sum over maturity.

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 Maturity Benefit is 115 % of the Basic Sum Assured for a policy term of 15 years and 120 % of the Basic Sum Assured for a policy term of 20 years.

Max Life Insurance has launched Max Life Monthly Income Advantage Plan, a traditional, participating, money - back plan that provides guaranteed monthly income for 10 years and lump sum benefit on maturity.

You have to pay premium for few years and you get guaranteed benefits like regular income at an attractive rate of 11 % - 13 % p.a., lump sum amount on maturity and life cover throughout the policy term.

You have to pay the premium for a few years and you get guaranteed benefits like regular income lump sum amount on maturity and life insurance cover throughout the policy term.

You receive a lump sum benefit on maturity and are also eligible for Guaranteed Yearly Additions and Bonuses that further maximize your savings.

The bonus, if used to enhance the Sum Assured can also be withdrawn for emergency use.The plan has an inbuilt Terminal Illness benefit wherein 50 % of the Guaranteed Maturity Benefit is paid on request if the insured suffers from any terminal benefit wherein 50 % of the Guaranteed Maturity Benefit is paid on request if the insured suffers from any terminal Benefit is paid on request if the insured suffers from any terminal illness

People who are looking for safe guaranteed returns can use this tax benefit to further increase their money as they will now also save on tax in addition to getting the survival benefits, sum assured on maturity as well the bonus from the insurance company.

He chose a Guaranteed Maturity Benefit (GMB) of Rs 3,00,000, for which he will have to pay a premium of Rs 24,363 p.a..

Under the Aspiration option for Maturity Benefit payout, lump sum is paid on Maturity which is the Sum Assured and Guaranteed Additions where the total benefit received is equal to 125 % ofBenefit payout, lump sum is paid on Maturity which is the Sum Assured and Guaranteed Additions where the total benefit received is equal to 125 % ofbenefit received is equal to 125 % of the SA

For a policy term of 15 years, the Guaranteed Maturity Benefits shall be 15 % of the Sum Assured under the Basic Plan.

Discount in premium is allowed for choosing higher Guaranteed Maturity Benefit levels of Rs. 5 lakhs and above

On maturity, guaranteed benefit of 2 * single premium for ages 18 - 35 yrs., 1.90 * single premium for ages 36 - 40 yrs.

Reliance Money Multiplier Plan is a non-participating Endowment Policy that provides Guaranteed Benefits at maturity to build up a strong corpus for future financial needs.

However, any extra premium paid would be deducted from the total premium amount for computing the minimum Guaranteed Maturity Benefit.

For a policy term of 20 years offers a guaranteed benefit up to 120 % of sum assured on maturity and 115 % for 15 years poliFor a policy term of 20 years offers a guaranteed benefit up to 120 % of sum assured on maturity and 115 % for 15 years polifor 15 years policy.

* Death Sum Assured = 10 times of the Annualized Premium (excluding extra premium, GST and loading for modal factors, if any) or 105 % of all the premiums paid (excluding GST and extra premium, if any) as on the date of death of the Life Assured or Guaranteed Maturity Benefit (For 10 years premium payment term = 10 X Annualized Premium # and for 15 years premium payment term = 15 X Annualized Premium #) or Absolute amount assured to be paid on death (for 10 years premium payment term = 11 X annualized premium rounded up to next Rs. 1000 and for 15 years premium payment term = 16 X annualized premium rounded up to next Rs. 1000), whichever is the highefor modal factors, if any) or 105 % of all the premiums paid (excluding GST and extra premium, if any) as on the date of death of the Life Assured or Guaranteed Maturity Benefit (For 10 years premium payment term = 10 X Annualized Premium # and for 15 years premium payment term = 15 X Annualized Premium #) or Absolute amount assured to be paid on death (for 10 years premium payment term = 11 X annualized premium rounded up to next Rs. 1000 and for 15 years premium payment term = 16 X annualized premium rounded up to next Rs. 1000), whichever is the higheFor 10 years premium payment term = 10 X Annualized Premium # and for 15 years premium payment term = 15 X Annualized Premium #) or Absolute amount assured to be paid on death (for 10 years premium payment term = 11 X annualized premium rounded up to next Rs. 1000 and for 15 years premium payment term = 16 X annualized premium rounded up to next Rs. 1000), whichever is the highefor 15 years premium payment term = 15 X Annualized Premium #) or Absolute amount assured to be paid on death (for 10 years premium payment term = 11 X annualized premium rounded up to next Rs. 1000 and for 15 years premium payment term = 16 X annualized premium rounded up to next Rs. 1000), whichever is the highefor 10 years premium payment term = 11 X annualized premium rounded up to next Rs. 1000 and for 15 years premium payment term = 16 X annualized premium rounded up to next Rs. 1000), whichever is the highefor 15 years premium payment term = 16 X annualized premium rounded up to next Rs. 1000), whichever is the highest.

Below is a sample illustration showing the Guaranteed Cash Benefit, Guaranteed Maturity Benefit and Sum Assured under the plan for various combinations of premium amount and policy term.

A retirement solution which provides guaranteed maturity benefit, guaranteed addition of 5 % of cumulative premium p.a. for the first 5 years and a reversionary bonus from 6th year onwards.

Max Life Monthly Income Advantage Plan is a participating, money back life insurance plan that ensures guaranteed monthly income for 10 years plus provides lump - sum benefit of non-guaranteed bonuses at maturity that helps meet long term financial goals.

Sum assured applicable for death / maturity benefit is equal to or higher of 10 times of annualized premium, sum assured, minimum guaranteed sum assured on maturity, or 105 % of the total premiums paid.

Check out the Max Life Forever Young Pension Plan, which offers Maturity Benefit, Death Benefit, and Loyalty Benefit and guarantees a lifetime income for you and your partner.

However, for Endowment Plans, being Traditional in nature, the risk of investment lies with the insurer and the policyholder is provided a Guaranteed Return at the end of the Policy Tenure as Maturity Benefit.

Get Maturity Benefit, Death Benefit, Loyalty Benefit and guaranteed lifetime income for you and your partner

Guaranteed Survival Benefits is 7.5 % of the Guaranteed Maturity Sum Assured payable from age 61 to 75 yrs (for 15 years).

- Maturity Benefit for a RPU Policy: RPU Guaranteed Sum Assured at Maturity shall be payable on the maturiMaturity Benefit for a RPU Policy: RPU Guaranteed Sum Assured at Maturity shall be payable on the maturiMaturity shall be payable on the maturitymaturity date.

The returns are computed after considering yearly premiums from 1 to 10th year and outflow of 8 % of sum assured every year for subsequent 10 years + maturity benefit (Sum assured + 10.5 % guaranteed additions per year on sum assured).

Up to 50 % of the Guaranteed Maturity Sum Assured (Face Amount) at the date of intimation (or RPU Guaranteed Maturity Sum Assured if applicable), subject to maximum cumulative amount of «10 lacs under all policies which provide for the Terminal Illness Benefit

Get Guaranteed benefits (Maturity Benefit or Death Benefit) to ensure complete financial security for you and your loved ones throughout the Policy Term.

If Bajaj Allianz Guarantee Assure Plan offers tax benefit, then the premiums you pay are eligible for deduction on tax returns and so is a part of the money you get on maturity of the policy.

You get 270 % of «Sum Assured on Maturity» for Super 6 option and 396 % of «Sum Assured on Maturity» for Super 10 option as total guaranteed benefits.

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.

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

By choosing this plan you will gain peace of mind by ensuring the coverage for your life and guaranteed benefits at maturity.

Maturity benefit is payable on survival of the policy term which is higher of (Guaranteed Maturity Benefit (GMB) + accrued Guaranteed Additions and bonuses plus terminal bonus, if any or 100.1 % X (annualized premium plus loadings for modal premiums, ibenefit is payable on survival of the policy term which is higher of (Guaranteed Maturity Benefit (GMB) + accrued Guaranteed Additions and bonuses plus terminal bonus, if any or 100.1 % X (annualized premium plus loadings for modal premiums, iBenefit (GMB) + accrued Guaranteed Additions and bonuses plus terminal bonus, if any or 100.1 % X (annualized premium plus loadings for modal premiums, if any).

If Max Life Guaranteed Income Plan offers tax benefit, then the premiums you pay are eligible for deduction on tax returns and so is a part of the money you get on maturity of the policy.

Mukesh is looking to buy a plan that can ensure guaranteed maturity benefit plus financial cover for his family.

Guaranteed Maturity Multiple is the factor applied to the base sum assured for computing the benefit payable on the date of mMaturity Multiple is the factor applied to the base sum assured for computing the benefit payable on the date of maturitymaturity.

Scenario A: Sahil Survives the Policy Term If Sahil survives till the maturity of the policy term, he receives Rs 1,00,000 as the first payout under guaranteed money back benefits and it continues for the next 10 years.

For age at entry 45 years & above, it is higher of 7 times of annualized premium or base sum assured or guaranteed maturity benefit.

For non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the higheFor non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the highefor non-par products for those below 45 years), whichever is the highefor those below 45 years), whichever is the highest.

If you outlive the tenure of the policy, you are entitled to the maturity benefits (except for Term Plan without return of premium) which is your basic life cover plus additional guaranteed amount from your insurer.