Sentences with phrase «lumpsum benefit on»

The protection offered under this plan is for the whole life.Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee.

Under this option your nominee will get a Lumpsum Benefit on death or diagnosis of Terminal Illness.

It provides a lumpsum benefit on the diagnosis of a Critical Illness that is predefined in the plan.

Future Criticare is a standalone critical illness health insurance plan which reduces your burden to a great extent.This plan offers lumpsum benefits on individual and family floater basis.

Not exact matches

^ On survival, at the end of the policy term, receive lumpsum benefit as aggregate of: i) Sum Assured of Maturity ii) Accrued Guaranteed Additions.

In that case, the lumpsum paid on account of the rider can take care of hospitalisation expenses, before the death benefits are paid to the family.

The annuity will be payable in arrears post deferment period as per payment frequency chosen by you, for as long as either of the primary or the secondary annuitant is alive.Death benefit is payable as a lumpsum to the nominee, on later of the deaths of the two annuitants.

• On death of the annuitant, death benefit is payable as lumpsum to the nominee and no further amount will be payable.

Edelweiss Tokio Life — Group Accidental Death and Dismemberment Benefit Rider provides Rider sum assured in full in lumpsum on death or dismemberment due to accident.

Furthermore, it provides four flexible options to ensure you have an ideal cover as per your health needs, ensures lumpsum payout on diagnosis, has an in - built death benefit, ensures high cover at low premium, and offers various other benefits.

Under this policy, one will get lumpsum amount benefit on diagnosis of Minor and / or Major Cancer which can be used for cancer treatment.

Death or disability Benefit: If the policyholder dies or suffers disability during the policy term, the nominee shall be paid a lumpsum amount that will be equal to 1.10 or 1.25 of the single premium paid or 5/7/10 times of the annual premium paid depending on the age of the insured and policy term.

On death / diagnosis of Terminal Illness during the Policy Term a Lumpsum benefit will be paid to your nominee.

1) Lumpsum benefit option: Here the entire sum assured is paid on the death of the life insured and the plan terminates.

Bajaj Allianz Critical Illness Plan is a critical illness benefit policy, which will pays a lumpsum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.

Death Benefit Option 2 - 50 % Lumpsum sum assured (paid immediately on acceptance of death Claim) + 50 % sum assured paid out on an annual basis in increasing installments over a period of 10 years.

In case of unfortunate death of the life insured, Sum Assured on Death plus Vested Simple Reversionary Bonuses plus Terminal Bonus is payable as a lumpsum death benefit and the policy then terminates.

Under this option, the claim is paid as a lumpsum benefit is paid on the survival of life insured for 28 days after the date of the confirmed diagnosis.

Under Assure variant, death benefit is payable as a lumpsum and the policy will terminate on death of the life insured.

On the other hand, DLF Pramerica's «Family Income Plan», also a protection plan, gives the option to choose from a regular monthly income or a lumpsum benefit in case the policyholder dies.