Sentences with phrase «guaranteed simple reversionary bonus»

Guaranteed simple reversionary Bonuses for first 5 years; @ 2.50 % for first three years and @ 2.75 % for the next two years, of the Sum Assured.

Higher of sum assured along with non guaranteed simple reversionary bonuses and non guaranteed terminal bonus paid as a lump sum or 105 % of all premiums paid

Not exact matches

In case the insured dies after the completion of first 5 years of the policy, the nominee of the policy receives the basic sum assured + accrued guarantee addition + simple reversionary bonus + final reversionary bonus (if any), which can be paid as a lump - sum or as an annuity, or as a combination of two.

On Maturity the Guaranteed Sum Assured on Maturity is payable which is equal to basic SA including accrued Guaranteed Additions @ 7 % and vested Simple Reversionary Bonuses

The principal sum amount created to provide pension to the old age is the sum assured + simple reversionary bonus + accrued guaranteed additions + terminal bonus.

The insured either gets the death benefit or the survival benefit as the case may be.The returns from a monthly income plan is fixed and guaranteed as it is untouched by market fluctuations.The insured also gets terminal bonus and simple reversionary bonus.

On maturation, the policy pays a guaranteed amount of 40 % of Base Sum Assured plus accrued Simple Reversionary Bonus and Terminal Bonus if applicable.

These Simple Reversionary Bonuses become a part of guaranteed benefits, once declared.

Guaranteed Smart Benefits, Simple Reversionary Bonus and Terminal Bonus further increase the corpus built

Guaranteed Smart Benefits are paid for 4 years @ 25 % of the Basic Sum Assured and 25 % of the vested Simple Reversionary Bonuses after the child attains 18 years and till he reaches 21 years

If Death occurred after 5 years, Basic Sum Assured, accrued Guaranteed Addition, Simple Reversionary, and final extra bonus if any is paid to nominee.

Simple reversionary bonus (declared annually) and Final Additional Bonus (one - time) are not guaranbonus (declared annually) and Final Additional Bonus (one - time) are not guaranBonus (one - time) are not guaranteed.

Get Guaranteed Sum Assured plus vested simple reversionary bonus till the end of premium payment term 10 equal installments starting from the 11th policy year till maturity of your policy.

Vested simple reversionary bonuses and any Guaranteed Terminal Additions are also paid along with the Sum Assured on death.

On Maturity, Sum Assured on maturity + Guaranteed Terminal Additions + Simple reversionary bonus is paid subject to a minimum of 101 % of all premiums paid

The policy has Guaranteed Additions, Simple Reversionary Bonus and Terminal Bonus, which help to generate more wealth for its customers.

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

On death after the first five years, basic Sum Assured + accrued Guaranteed Additions + vested Simple Reversionary Bonuses and Final Additional Bonus, if any is paid either in lump sum or in annuity or partly in lump sum and partly in annuity.

If the life insured outlives the policy's maturity date, he or she receives a maturity benefit, which is equal to the guaranteed sum assured plus the simple reversionary bonus and terminal bonus (if any).

On maturity, the Sum Assured on maturity along with the Guaranteed Terminal Additions and vested simple reversionary bonuses is paid subject to a minimum of 101 % of all premiums paid

On Vesting, basic Sum Assured + Guaranteed Additions + vested simple reversionary bonus + Final Additional Bonus, if any, is payable to the policyhobonus + Final Additional Bonus, if any, is payable to the policyhoBonus, if any, is payable to the policyholder.

He or she receives the Minimum Guaranteed Sum Assured plus the accrued Guaranteed Additions and Simple Reversionary Bonus and Terminal Bonus if any.

The corpus thus made is a combination of Sum Assured + Accrued Guaranteed Additions + Simple Reversionary Bonus + Terminal Bonus.

Benefit on Vesting would be provided under the policy in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Assured.

As a survival benefit at the end of policy term the policyholder receives guaranteed sum assured, vested simple reversionary benefit, terminal bonus (if any).

The Simple Reversionary Bonus is guaranteed at a minimum of 3 %.

On death after the first five policy years, the Basic Sum Assured along with accrued Guaranteed Addition, Simple Reversionary and Final Additional Bonus is paid.

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.

Scenario A: On survival of Mr. Raj In case of survival of the life insured till the vesting date, an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus 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 guarantReversionary 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 guarantreversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

Moreover, the surrender value of accrued Guaranteed Additions and vested simple reversionary bonuses, is also payable.

At maturity, an amount equal to the Basic Sum Assured along plus accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus is payable to the Life Insured.

Non Guaranteed Simple Annual Reversionary Bonuses get accrued to the policy from the end of 1st policy year and get paid out on Maturity or on death.

Maturity Benefit = Sum Assured on Maturity + Guaranteed Terminal Additions + Simple Reversionary Bonus, (if any)

Raman will receive 20 % of Rs 5 lacs (Base Sum Assured) which is Rs 1 lac in the last three years plus Minimum guaranteed sum assured on maturity is 40 % of the base sum assured which is Rs 3 Lacs plus accrued terminal and simple reversionary bonus.

On maturity, the Minimum Guaranteed Sum Assured on Maturity plus vested Simple Reversionary Bonus plus Terminal Bonus is payable, provided the policy is in - force.

Simple Reversionary Bonus is declared every year and the bonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwBonus is declared every year and the bonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwbonus is guaranteed to be payable on vesting provided all due premiums are paid.Terminal Bonus may be declared from the 5th policy year onwBonus may be declared from the 5th policy year onwards.

In case of survival till vesting or maturity of the policy, the life insured will receive the higher of sum assured plus sum of all guaranteed additions plus Simple Reversionary Bonus and Terminal Bonus OR Defined Assured Benefit.

At maturity of the policy, the sum assured on maturity plus guaranteed terminal additions plus simple reversionary bonus is payable.

Simple Reversionary Bonuses is declared as a percentage of the basic sum assured and when declared become guaranteed benefit under the plan.

Simple Reversionary Bonus for the first three years is guaranteed as at least 2.5 % of the basic sum assured.