Sentences with phrase «guaranteed maturity benefit i.e.»

At maturity, you will receive Guaranteed Maturity Benefit i.e. Sum of Basic Sum Assured (BSA), Accrued Guaranteed Yearly Additions (GYA) and Guaranteed Loyalty Addition (GLA).

Not exact matches

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.

Under such plans, you are aware of the death and maturity benefits upfront i.e. maturity amount is guaranteed upfront.

The death benefit is payable if the life insured dies during the term of the policy provided the policy is premium paying.The death benefit payable to the nominee is equal to the death sum assured under the policy.Death Sum Assured is defined as the higher of 10 times the Annualized Premium OR 105 % of all the premiums paid as on date of death of the Life Assured, OR Guaranteed Maturity Benefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum Asbenefit is payable if the life insured dies during the term of the policy provided the policy is premium paying.The death benefit payable to the nominee is equal to the death sum assured under the policy.Death Sum Assured is defined as the higher of 10 times the Annualized Premium OR 105 % of all the premiums paid as on date of death of the Life Assured, OR Guaranteed Maturity Benefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum Asbenefit payable to the nominee is equal to the death sum assured under the policy.Death Sum Assured is defined as the higher of 10 times the Annualized Premium OR 105 % of all the premiums paid as on date of death of the Life Assured, OR Guaranteed Maturity Benefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum AsBenefit (i.e. Basic Sum Assured), OR Absolute amount assured to be paid on death (i.e. Basic Sum Assured).

$ Death Sum Assured = 10 times the Annualised premium (where annualized Premium for the purpose of death sum assured refers to premium payable in a year excluding any extra premium, service tax and loading for modal factors, if any) or Guaranteed Maturity Benefit or Absolute amount assured to be paid on death (i.e. Basic Sum assured) or 105 % of all premiums paid (excluding any extra premium, and service tax, if any) as on date of death, whichever is higher.

IDBI Federal Guaranteed Money Back Insurance Plan Benefits are provided in the form of bonus i.e. an additional sum that a policyholder will receive during the policy term or after maturity.