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.
Not exact matches
if u have a lump -
sum, then after deciding on the equity fund to invest, u can invest the
lumpsum in a liquid fund of the same fund house and then start an STP from that liquid fund into your chosen equity funds.
Franklin India smaller co's fund (sip) HDFC mid cap oppurtunities fund (sip) Tata Balanced fund (sip & lump
sum) Birla MIP II wealth 25 (
lumpsum) Icici pru focussed bluechip eq fund (sip) Franklin India Prima plus (sip) Franklin India taxshield (sip) Franklin India high growth co's fund (sip)
The insured receives 10 % of the
sum assured every year for 5 years after the policy term in addition to a
lumpsum amount that equals 50 % of the
sum assured in addition to compounded reversionary bonus and terminal bonus, they have not been declared by Future Generali Life Insurance.
Life Option: This is the standard option, which gives your family the assured
sum as a
lumpsum in event of death or on diagnosis of terminal illness.
For «Increasing Monthly Income Variant» your coverage will be Rs. 75 lacs paid as
lumpsum + Rs. 52.2 lacs payable as Monthly income payable over 10 years which
sums upto Rs. 1.27 Cr.
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.
Edelweiss Tokio Life - Group Extended Critical Illness Rider provides you the full rider
sum assured in
lumpsum on diagnosis of any one of the 12 critical illnesses including Cancer, Heart Attack or Kidney Failure.
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.
For «Monthly Income Variant» your coverage will be Rs. 75 lacs paid as
lumpsum + Rs. 36 lacs payable as Monthly income payable over 10 years which
sums upto Rs. 1.11 Cr.
Edelweiss Tokio Life - Group Accidental Total and Permanent Disability Rider provides you the full Rider
sum assured in
lumpsum, in the event of total and permanent disability.
In case of any unfortunate event, if the husband dies in the 5th year from the inception date of the policy issuance during the policy period, the surviving partner will receive the
sum assured of Rs. 1 crore as a
lumpsum.
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 assured
Edelweiss Tokio Life — Group Critical Illness Rider provides you the full
sum assured, payable in
lumpsum on diagnosis of any one of 6 critical illnesses including Cancer, Heart Attack or Kidney Failure.
Viswanand said, this plan further offers 10 % of the
sum assured along with the
lumpsum benefit in case of demise of the parent.
The renewability is up to 55 years and the
sum assured under this plan is Rs 5 lakh, Rs 7 lakh, Rs 10 lakh or
lumpsum payout.
In case of an accidental death of the life assured, an additional
sum assured amount will be paid to the nominee, partly as
lumpsum and partly as monthly income.
Edelweiss Tokio Life — Group Critical Illness Rider provides you the full rider
sum assured is payable in
lumpsum on diagnosis of any one of the 6 critical illnesses like Cancer, Heart Attack or Kidney Failure.
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.
It is a simple and conventional kind of insurance wherein in the event of death of the Life Assured any time during the policy term, the beneficiary of the policy gets a fixed
sum either as a
lumpsum or a monthly payout or as a combination of the same.
If the policyholder dies during the policy term,
sum assured shall be paid as a
lumpsum amount or in the form of a regular income, as chosen
When the policyholder will be diagnosed with either of the 7 critical illnesses, the critical illness benefit shall be paid as a
lumpsum and if that amount is less than the base
sum assured, the policy will continue with lesser death
sum assured.
Life Cover: If the policyholder dies during the term of the plan, the nominee shall be paid the
sum assured on a
lumpsum basis at one go
These plans offer
sum part of the
sum assured to be taken at the time of death as
lumpsum benefits and the remaining as monthly income benefits for a specified period of time to the nominees as per the plan specifications.
The nominee has the option to receive the
sum assured on death as a
lumpsum or staggered payment, as applicable under the plan.
Step 3: Enter details regarding how you want your family to get the policy proceeds at the time of claim either the
lumpsum payout which is equal to the
sum assured or Level / Increasing monthly income term plans or Return of the premium amount at maturity, etc..
Under this option, 100 % of the
sum assured shall be paid as a
lumpsum upon death of the life insured.
10 % of
sum assured paid as
lumpsum + Remaining 90 %
sum assured is paid in the form of monthly income (0.5 % of
sum assured) over a period of 15 years
Option 3: Max Life Online Term Plan —
Sum Assured plus Increasing Level Monthly Income Under this option, in the event of death of the life insured during the plan term, the family gets 100 % of the
sum assured as a
lumpsum payment.
Under this option, in the event of death of the life insured during the tenure of the plan, the nominee will receive the
sum assured as a
lumpsum payment.
1)
Lumpsum benefit option: Here the entire
sum assured is paid on the death of the life insured and the plan terminates.
On the death of the life insured 100 % of the policy
sum assured is paid as
lumpsum amount along with an additional
lumpsum amount if the life insured dies due to an accident.
100 % of
sum assured paid as
lumpsum + Additional monthly income equal to 0.5 % of
Sum Assured becomes payable for a period of 10 years.
i) Max Life Online Term Plan Basic Life Cover: Under this plan, the
sum assured is provided as
lumpsum on the death of the life insured.
On maturity, you are entitled to receive the
sum assured plus the accrued bonus or guaranteed returns and on your premature death, the
lumpsum amount is paid to your nominee who is a «child» under a child plan.
, your nominee / beneficiary will receive the
sum assured amount as a
lumpsum in the event of your unfortunate demise.
This lump
sum amount is the highest of 125 % of annualized premiums paid (as on the date of death), 10 times of annualized premium, or
Lumpsum amount available at maturity.
Option A: Whole
sum assured on death is payable as
lumpsum.
Option 1: In the event of death, of life insured, the
sum assured is paid as
lumpsum to the designated nominee and the policy ceases.
If the life insured has bought a
sum assured of Rs. 1 crore, then on death, a
lumpsum amount of Rs. 1 crore will be paid to the nominee and the policy will terminate.
If you have got
sum lumpsum money either due to incentives or bonus or through FD maturity, you would like to invest in Single Premium Insurance Plans, then this article is for you.