Sentences with phrase «simple reversionary bonus for»

In 2015, the Simple reversionary bonus for policy term of 20 years was Rs 42 per thousand of Sum Assured.

Simple Reversionary Bonus for the first three years is guaranteed as at least 2.5 % of the basic sum assured.

If, under the policy, the Simple Reversionary Bonus for a particular financial year is Rs 30; the total bonus that Kanchan accrues during the plan will be: Bonus = 30/1, 000 X Sum Assured = 30/1, 000 X 10,00,000 = 30,000 for that particular year.

Guaranteed simple reversionary Bonuses for first 5 years; @ 2.50 % for first three years and @ 2.75 % for the next two years, of the Sum Assured.

Not exact matches

Simple Reversionary Bonuses (per thousand Sum Assured) are declared at the end of every financial year for the entire policy term until the final payment is done.

Guaranteed Smart Benefits are paid for 4 years @ 25 % of the Basic Sum Assured and 25 % of the vested Simple Reversionary Bonuses after the child attains 18 years and till he reaches 21 years

For example, whether it is cash bonus and the options allowed with it or in the case of reversionary bonus you may want to check if it is simple or compounded.

The policy has Guaranteed Additions, Simple Reversionary Bonus and Terminal Bonus, which help to generate more wealth for its customers.

If all the regular premiums for decided term are paid with no balance premium, the Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bonus.

Loyalty Addition: The policy should be eligible and it should incur profit for the Corporation, then the policy is entitled to Simple Reversionary bonus.

I want to share a detail on the Simple Reversionary bonus that LIC promises for most plans.

Profit of Participation: The policy should be eligible and it should incur profit for the Corporation, then the policy is entitled to Simple Reversionary Bonus.

The benefit illustration given in this example is based on simple reversionary bonus declared for 2015 - 16 (Latest).

A value of 50 per thousand of Sum Assured looks like an optimistic value for Simple Reversionary Bonus.

I have considered / assumed fairly generous values for Simple Reversionary Bonuses and Final Additional Bonus.

The plan is eligible for the bonuses declared by the company.A simple Reversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guarantReversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guarantreversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

For single premium, the death benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses plus Terminal Bonus.

As for the values of Simple Reversionary Bonus, LIC has announced bonus of Rs 44 per Rs. 1,000 of Sum Assured for the last six yBonus, LIC has announced bonus of Rs 44 per Rs. 1,000 of Sum Assured for the last six ybonus of Rs 44 per Rs. 1,000 of Sum Assured for the last six years.