Sentences with phrase «lumpsum benefit option»

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

Customers are advised to choose the lumpsum benefit option rather than the regular income option), as this money could be invested in a portfolio of instruments that could potentially generate higher returns than the regular income option would provide.

Not exact matches

His life cover is a Sum Assured of Rs. 1 crore and he chooses the lumpsum plus monthly income death benefit payout option.

All of this with multiple payout options for the death benefit Sum Assured in the form of lumpsum, monthly payouts and combination of the two.

Lumpsum: When one opts for lump sum payout option, the nominee receives the death benefit as lump sum one - time pay.

You have the flexibility to choose the following options - Pro Care - Lumpsum Benefit and Pro Care Plus - Lump sum Benefit with Income Loss Benefit.

Extra Life Option (Accidental Death Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum benefit is paid as lumpsum along with extra sum assured

Death Benefit Pay - out Options: You can choose the manner in which your life cover (death benefit) would be paid to your nominees i.e. you can go for Lumpsum Pay - outs, Lumpsum + Annual Income, Monthly Income, Increasing Monthly / Annual IncomeBenefit Pay - out Options: You can choose the manner in which your life cover (death benefit) would be paid to your nominees i.e. you can go for Lumpsum Pay - outs, Lumpsum + Annual Income, Monthly Income, Increasing Monthly / Annual Incomebenefit) would be paid to your nominees i.e. you can go for Lumpsum Pay - outs, Lumpsum + Annual Income, Monthly Income, Increasing Monthly / Annual Income, etc..

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.

Lumpsum plus Regular Income: The plan offers the option to divide the death benefit in two parts: Lumpsum amount and regular income.

You can choose the death benefit payout options as lumpsum or income along with the number of months you want the death benefit to be paid and also between equal or increasing monthly sums compounded @ 5.00 % per annum.

Return of Premium Option: If the policyholder survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nominee.

Lumpsum + Fixed Monthly Income Benefit: This option shall help the nominee to receive 10 % of the death benefit at the time of death and remaining amount as part of regular monthly income over a period of 1Benefit: This option shall help the nominee to receive 10 % of the death benefit at the time of death and remaining amount as part of regular monthly income over a period of 1benefit at the time of death and remaining amount as part of regular monthly income over a period of 15 years

Edelweiss Tokio Life - Wealth Plus also offers an additional option - the Rising Star benefit wherein a lumpsum amount will immediately be paid to the family in the event of demise.

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

Even during the Payout Period, you will have an option to receive the present value of the outstanding Survival Benefit as lumpsum (Commutation Opoption to receive the present value of the outstanding Survival Benefit as lumpsum (Commutation OptionOption).

There is also an option to receive the Maturity Benefit in monthly instalments over a period of 5 to 10 years instead of lumpsum.

Someone who is looking for a term plan with a range of cover options like: a) Additional accidental death benefit or b) Increasing life cover during important milestones of life or c) Partial lumpsum payment to family members after death and remaining in monthly payments or d) Big lumpsum payment to family members after death and additional monthly payments If you also have one or more of the above listed requirements, then HDFC Life Click 2 Protect Plus plan is for you.

3) New Settlement Option in this plan makes this plan as unique where one can get the death benefit or maturity benefit in installments instead of lumpsum amount

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.

While receiving the Death Benefit in monthly installments, the beneficiary can also choose at a future date to commute all outstanding payouts and receive the present value of future outstanding payouts as a lumpsum as provided under the commutation option.

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.

Insurers give options like lumpsum, instalment and part - payment in case of death or survival benefits

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.

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.

You have an option to collect your Maturity Benefit in lumpsum or in instalments by choosing the Settlement Ooption to collect your Maturity Benefit in lumpsum or in instalments by choosing the Settlement OptionOption.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a Lumpsum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a Lumpsum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.