This plan also offers
Loyalty Additions to policies with tenure of 15 or 20 years of 2 % and 3 % of Average Fund Value respectively.
Not exact matches
Loyalty Additions: Subject
to Policy being in - force, an additional 0.70 % of fund value gets added every year from 6th year onwards till one year before maturity and 1.40 % of fund value gets added on maturity.
The insured is offered a guaranteed payment of
loyalty addition once the
policy comes
to its completion.
Policyholders get
to earn
Loyalty Addition only after 5 years of successful completion of
policy.
The plan provides
loyalty additions which increases the fund value are is paid
to the beneficiary of the
policy in case of demise of the life assured.
Incentives given by an insurer as an additional benefit
to the insured for keeping the
policy in full force throughout the term of the contract is called
loyalty addition.
In
addition to this, the product also offers fund booster and
loyalty additions for paying premium regularly and staying invested in the
policy for 10 years and above.
Get increasing
Loyalty Additions from the end of the 6th
policy year onwards
to boost the Fund Value
Additional units
to be added
to the fund from the end of 11th
policy year
to increase Your Fund With Guaranteed
Loyalty Additions
The
policy grants a «
loyalty»
addition, a percentage of one premium from the 6th year onwards, provided all premiums have been paid up -
to - date.
Loyalty Additions shall be added
to the Fund Value on the applicable
Policy Anniversary.
All you need
to do is
to ensure that you have paid all your due premiums on time and your
policy is active on the date of payment of
Loyalty Additions.
Loyalty additions and additional loyalty additions are added from the 6th policy year at 0.30 % from 6th year to 10th year and 0.50 % from 11th year o
Loyalty additions and additional
loyalty additions are added from the 6th policy year at 0.30 % from 6th year to 10th year and 0.50 % from 11th year o
loyalty additions are added from the 6th
policy year at 0.30 % from 6th year
to 10th year and 0.50 % from 11th year onwards.
It brings the policyholder profits in terms of
loyalty points, in
addition to the lifelong benefits throughout the
policy term, which is payable after the
policy complete 10th year.
From the 6th
policy year onwards, the
loyalty additions are provided
to the insured, the plan is in force.
Guaranteed
Loyalty Additions: Every year correspond
to the
policy year like 1 % in 1st year, 2 % in 2nd year, 3 % in 3rd year and so on Guaranteed
Loyalty Additions shall be applicable.
If the death occurs after the completion of 5
policy years but before the completion of
policy tenure or before the maturity date of the
policy then the sum assured amount along with the
loyalty addition is payable
to the nominee of the
policy.
You will get additional
Loyalty Additions added
to your Fund Value on the original vesting date of your
policy.
The Company shall allocate
Loyalty Additions to the Regular Premium Fund Value as percentage of one Annualized th th Premium at the end of every 5
policy year starting from the 10
policy year, provided all due regular premiums have been paid up
to date.
In case the premium (s) are un-paid and the
policy is revived during the revival period by paying all due premiums, the Loyalty Additions due - but - not - allotted during the period the Policy was in Discontinuance will be added to the fund as on the date of re
policy is revived during the revival period by paying all due premiums, the
Loyalty Additions due - but - not - allotted during the period the
Policy was in Discontinuance will be added to the fund as on the date of re
Policy was in Discontinuance will be added
to the fund as on the date of revival.
Minimum death benefit is equal
to 105 % of all premiums paid till death plus
loyalty additions are added from the 6th
policy year at 0.25 %.
If you have completed the maturity period of the
policy, then an incentive is given
to you by your insurer as the
loyalty addition, for keeping the
policy active throughout the tenure of the
policy.
The
loyalty additions are equal
to the calculated percentage of the Annualized premium amount or the single premium amount which are subject
to differ as per the
policy terms.
Loyalty Addition: The
policy should be eligible and it should incur profit for the Corporation, then the
policy is entitled
to Simple Reversionary bonus.
The Sum Assured on Maturity along with
Loyalty Addition, if any, will be payable
to the
policy holder.
Guaranteed
Loyalty Addition: On survival of the Life Assured
to the end of the premium payment term, the Guaranteed
Loyalty Addition will be payable, provided that all due premiums are paid and the
Policy is in - force.
In order
to calculate the maturity amount, the Jeevan Saral Maturity Calculator evaluates the sum assured of maturity based on the Age (at the time of buying the
policy) you enter, Premium and Term, and adds the
Loyalty Addition to give you the approximate maturity value.
According
to the terms and condition of this
policy, it performs under the bonuses of the company so it always accumulates the
loyalty addition.
Loyalty Additions: Based on the policy term chosen, loyalty additions will be paid in the form of extra allocation of units to your unit linked fund (s), provided all premiums are paid til
Loyalty Additions: Based on the policy term chosen, loyalty additions will be paid in the form of extra allocation of units to your unit linked fund (s), provided all premiums are paid t
Additions: Based on the
policy term chosen,
loyalty additions will be paid in the form of extra allocation of units to your unit linked fund (s), provided all premiums are paid til
loyalty additions will be paid in the form of extra allocation of units to your unit linked fund (s), provided all premiums are paid t
additions will be paid in the form of extra allocation of units
to your unit linked fund (s), provided all premiums are paid till date.
From the end of the 6th
policy year,
loyalty additions (as percentage of the average fund value) will be added
to the fund value in the form of additional units
Option 1 — Guaranteed
Loyalty Additions are paid under the plan from the 16th
policy anniversary
to the 20th year.
For continuing with the
policy and paying regular premium, the company rewards you with
loyalty additions, which are percentage of fund value pertaining
to regular premiums at regular intervals.
If the policyholder dies after the completion of 5 years of the
policy tenure, then only the sum assured along with the
loyalty addition (if any) is returned
to the nominee..
At maturity of the
policy sum assured along with
loyalty addition, if any is given
to the insured.
Maturity Benefit: Upon survival at
policy maturity, the insured is entitled
to receive the Fund Value including
Loyalty Additions.
In traditional plans, a part of your premium is deployed in making investments
to grow your money.During the
policy term, you receive bonuses,
loyalty and other
additions.
Guaranteed
Loyalty Additions is a percentage of Accrued Annualized Premiums and it is paid up
to previous
policy year.
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.
Loyalty Addition is 3 % of the single premium and added
to the fund value at the maturity of the
policy.
Loyalty Additions added
to your Fund Value on the original vesting date of your
policy.
Scenario A - Maturity Benefit: In case of his survival till maturity of the
policy, full Fund Value plus
Loyalty Additions (as applicable) is payable
to the policyholder.
If the death of the sum insured has occurred after 5 years from the date of
policy, Death benefit which is equal
to 110 % of basic sum assured +
Loyalty additions (if any) would be paid.
Scenario B: Raman dies during the Term of the
Policy In the event of demise of Mr. Raman during the policy term, Rs 1,00,000 plus Loyalty Addition after completion of 5 policy years is payable to the no
Policy In the event of demise of Mr. Raman during the
policy term, Rs 1,00,000 plus Loyalty Addition after completion of 5 policy years is payable to the no
policy term, Rs 1,00,000 plus
Loyalty Addition after completion of 5
policy years is payable to the no
policy years is payable
to the nominee.
Maturity Benefit: Subject
to the
Policy being in - force, at the time of Maturity, you will get your
Policy Fund Value (including
Loyalty Additions).
If the life insured survives till completion of the
policy term, the guaranteed maturity benefit equal
to Sum Assured on Maturity plus Guaranteed
Additions plus
Loyalty Benefit.
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
Loyalty Additions is 0.30 % / 0.50 % (of the average of the Fund Values including Top - up Fund Value in the same
policy year) from 6th
to 10th
policy year / 11th
policy year onwards, respectively.
Loyalty Additions are added
to the fund value every alternate year starting from the end of 11th
policy year under limited and regular premium payment
policies.
For the
Policy Term equal to 15 years, Loyalty Additions of 5.6 % is payable at the end of the 10th policy year & 2.2 % is payable at the end of the 15th policy
Policy Term equal
to 15 years,
Loyalty Additions of 5.6 % is payable at the end of the 10th
policy year & 2.2 % is payable at the end of the 15th policy
policy year & 2.2 % is payable at the end of the 15th
policypolicy year.
Loyalty Addition is 0.025 % / 0.06 % (% of fund value) during 61st
to 120th
policy month / 121st
policy month till end of the
policy term.