Sentences with phrase «offers lump sum payout»

While an indemnity health insurance plan can cover the treatment costs of a critical illness, a critical illness policy offers you a lump sum payout to not only help cover treatment costs, but to also act as an income supplement and cover long - term medical care.

It offers Lump sum payout on death and regular monthly income to your family for 15 years and several other beneficial options to choose.

Offers lump sum payout equal to 50 % of sum assured in the event of a claim plus regular monthly income till your child turns 21 years.

Child plans also offer a lump sum payout as death benefit to the child on maturity.

Critical illness plans offer a lump sum payout of the coverage amount upon diagnosis.

Not exact matches

The chances that you'll be able to do better than the monthly payments offered by your employer are low — a 2015 General Accounting Office on pensions and lump sums found that the payouts on company pensions are generally much more generous than those offered by private insurers — but it doesn't hurt to check.

That said, lump sum payout offers often are attempts by the plan sponsor to reduce overall pension liability.

While most lump - sum payout plans have a fixed Sum Assured benefit, some may offer higher or lower benefit depending on the time of death.

Accidental death and invalidity: Offers a lump - sum payout to the insured for personal disability or to their survivors in the event of accidental death.

Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.

These plans are essentially of two types, Unit Linked Insurance Plans or ULIPs that provides returns based on market performance, and traditional endowment plans that offer a lump sum or annuity payout at the end of the policy term when the life insurance policy matures.

Again, some annuities will offer this value in a lump sum while other accounts will require a 5 year payout.

PNB MetLife Mera Term Plan offers four sum assured pay out options to select from either full lump sum payout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnslump sum payout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turpayout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turpayout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnslump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turPayout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnslump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turPayout as Lump sum + Regular Monthly Income till your child turnsLump sum + Regular Monthly Income till your child turns 21.

Offers 4 sum assured pay out options to select from either full lump sum payout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Mopayout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Mopayout as lump sum + Regular monthly income, Payout as lump sum + Increasing MoPayout as lump sum + Increasing Monthly.

Edelweiss Tokio Life - MyLife +: A non-participating, non-linked Term Insurance plan which offers the flexibility to choose the death benefit as a lump sum or monthly payout or a mixture of both.

It offers survival payouts of up to 130 % of sum assured at regular intervals throughout the term and also offers lump sum maturity addition to meet your needs.

Full lump sum payout: Offers your nominee the basic sum assured in lump sum as specified in the policy schedule in case of an uncertainty.

One can either go for a money back option which offers guaranteed payouts every year after a few years or a lump sum payout at the end of maturity of the insurance.

In case you are worried about facing a sudden financial crisis, it is better to choose a plan that offers a lump - sum payout option.

Few companies asks same premium amount irrespective on the type of payout, but some companies may offer a lower annual premium when you opt for a lump sum benefit as compared to the staggered monthly payouts.

The ICICI term insurance cover offers need based benefit payout option available in the form of lump sum or monthly income for 10 years

Offers different payouts options on maturity - lump sum and installments.

DHFL Pramerica Smart Cash Protect: This policy offers a regular income in the form of annual cash benefits in addition to lump sum payouts.

Offers lump sum and regular income facility of cash inflow with payout period as 10/15/20 or 25 years.

They provide reasonable coverage while investing your money and offer a guaranteed lump sum payout, called an endowment, at the end of the policy term.

They now offer a variety of options, such as monthly instead of a one - time lump sum payout option to increase sum assured, premium waiver in case of critical illness or total and permanent disability, and cover for whole life.

To make this option more enticing to policyholders, some life insurance companies will offer a discount to clients that opt for an annuitized payout, rather than a one - time lump sum.

Four options offered by HDFC Click 2 Protect Plus are — 1) Life Option - Lump sum payout of Death Benefit 2) Extra Life Option (Accidental Death Benefit)- Lump sum payout of Death benefit in addition extra Sum Assured is paid in case of death due to accident.

A plan that offers a lump sum at the end of the premium payment term followed by increasing guaranteed payouts until maturity and a lump sum payout at maturity.

Some insurers offer monthly payouts instead of a lump sum payment.

There are few term plans which offer the flexibility to the nominees to take the death claim as lump sum at a discounted rate even if in the plan benefit is opted as staggered payout.

Offers life insurance cover, lump sum benefit at maturity, regular guaranteed payouts for 15 years after maturity

One can choose for the money back option which offers guaranteed payouts every year and after a few years, a lump sum amount is paid out at the end of the maturity of the policy.