Sentences with phrase «on diagnosis of any terminal illness»

On diagnosis of any Terminal Illness, future premiums are waived off and 25 % of the Sum Assured is paid immediately to a maximum of 100 lakhs.

Under all the plan options, the policy holder receives lumpsum payout on diagnosis of terminal illness.

This online term plan is designed to pay out the entire sum assured as lump - sum on death of the policy holder or on diagnosis of Terminal Illness.

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.

On diagnosis of any Terminal Illness, 25 % of the base sum assured will be paid (max.of Rs 1 Crore) & the base sum assured will be reduced by an amount equal to the benefit paid under this clause.

Sum assured is paid either on the death of the life assured or on the diagnosis of terminal illness.

The premium payment is annual for 30 years of the policy tenure In case of all the above 9 options, the death benefit amount will be paid in lump sum on diagnosis of terminal illness.

There is an in built Accidental Death Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal illness

On diagnosis of terminal illness, you will get 25 % of the sum assured value (max 1 crore amount) and equivalent amount will be deducted from the actual sum assured value which your family will get in case of your death.

On diagnosis of any terminal illness of any of the partner, 25 % of the sum assured value will be paid immediately (maximum 100 lakh) to the policy holders for continuing the treatment.

The death benefit is paid on the first occurrence of either death of the life assured (or) on diagnosis of Terminal illness.

* Payout of 100 % SA on diagnosis of Terminal Illness.

Under this rider 25 % of the base sum insured will be paid be paid on diagnosis of any terminal illness and the base sum assured amount will be reduced by that amount.

Provides 25 % of the death benefit on diagnosis of any terminal illness, and you pay no future premiums

25 % of the base sum assured is paid on diagnosis of any terminal illness and the base sum assured gets reduced accordingly.

Not exact matches

Death benefit is payable on earlier occurrence of either Death or diagnosis of Terminal Illness.

Along with this, a lump - sum benefit on death or diagnosis of Terminal Illness is paid and all future premiums are waived off in case of total permanent accidental disability.

On the first occurrence of either life assured's death or diagnosis of Terminal illness, the nominee will get the Death benefit.

Income replacement option this plan ensures that your income is replaced and continues to be paid to your nominee in case you're not around for the return of premium option if you survive your policy term then all your premiums paid till date will be returned on debt or diagnosis of terminal illness during the term a lump sum benefit will be paid to your nominee lifelong protection option this plan ensures that you are protected for your entire life.

Death benefit - this is payable on earlier of either death or diagnosis of terminal illness.

Terminal illness riders and critical illness riders on life insurance policies release a sizable chunk of the policy's death benefit to the policyholder while he / she is still alive, allowing the usage of the death benefit funds on valid diagnosis of one of the critical or terminal illnesses stated in theTerminal illness riders and critical illness riders on life insurance policies release a sizable chunk of the policy's death benefit to the policyholder while he / she is still alive, allowing the usage of the death benefit funds on valid diagnosis of one of the critical or terminal illnesses stated in theterminal illnesses stated in the policy.

on life insurance policies release a sizable chunk of the policy's death benefit to the policyholder while he / she is still alive, allowing the usage of the death benefit funds on valid diagnosis of one of the critical or terminal illnesses stated in the policy.These riders» critical / terminal illness payout is tax - exempt, and beneficiaries also receive the left over face value, untaxed, upon the policyholder's passing.

In case the policyholder is diagnosed with terminal illness, 25 % of the SA is paid immediately on diagnosis and the remaining as per the options selected

It's not uncommon to have this and the accelerated death benefit (ADB) considered one item on policies, but the qualifications for each are different: ADB requires a terminal illness diagnosis before being triggered; the LTC rider are triggered by chronic illnesses that leave you unable to take care of yourself.

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

Something known as an Accelerated Death Benefit can be used against the face value of the policy for more immediate needs like an advance on the policy due to a terminal illness diagnosis or those costs associated with long - term care.

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

This rider pays out the chosen percentage of the Rider Sum Assured on the diagnosis of the Critical Illness and / or Terminal Illness.

On diagnosis of the listed terminal illness, 25 % of the sum assured is paid to the life insured subject to the maximum of 100 lacs and the death benefit will reduce equal to the amount already paid to the insured.

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, the death benefit (equal to sum assured) is paid to the nominee / legal heir, on the first occurrence of death of the life insured, or diagnosis of terminal illness.