Sentences with phrase «loyalty additions =»
Additional units will be added to the fund value from the end of 6th policy year in the following manner: End of 6th policy year: Loyalty Additions = 0.5 % of average fund value End of 7th policy year: Loyalty Additions = 0.5 % of average fund value End of 8th policy year: Loyalty Additions = 0.75 % of average fund value End of 9th policy year: Loyalty Additions = 0.75 % of average fund value End of 10th policy year: Loyalty Additions = 1.50 % of average fund value
https://www.comparepolicy.com/ Not exact matches
GSV = (Basic Premium paid excluding taxes * GSV1 Factor) + (Vested bonuses and accrued loyalty additions * GSV2factor of bonus)
** Guaranteed Maturity Benefit = Sum Assured on Maturity + Accrued Guaranteed Additions + Loyalty Benefits
In case, death occurs after 5 years, death benefit = SA + GA + Loyalty Addition is payable.