Sentences with phrase «simple reversionary bonuses along»
On death after the commencement of risk a definite sum of Sum Assured on Death and vested Simple reversionary bonuses along with final additional bonus are given.
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The non-guaranteed vested simple Reversionary Bonus along with Terminal Bonus (if any), shall be payable as lump sum immediately on Death of Life Insured.
Not exact matches
Maturity Benefit — In case the policy holder survives the entire tenure of the policy then he / she will be liable to avail maturity benefit as final instalment of survival benefit along with terminal bonus plus vested simple reversionary bonus.
Death Benefit - In case of uncertain demise of the insured person during the tenure of the policy the death benefit is provided to the beneficiary of the policy as basic sum assured along with vested simple reversionary bonus and terminal bonus if any.
It provides extensive life coverage till one's death, which means that the sum assured, along with all the simple reversionary and finally acquired bonuses, would be granted to her / his appointed nominee.
Simple reversionary bonus and terminal bonuses (if any) are paid out along with maturity benefit as well as death benefit.
Along with the death benefit and maturity benefit the plan provides terminal bonus (if any) and simple reversionary bonus.
Death Benefit: In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.
Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole policy year.
Beneficiary gets Death Sum Assured plus vested simple reversionary bonus as on date of death, along with Interim bonus, if any
Beneficiary gets Death Sum Assured plus Vested Simple Reversionary Bonus as on the date of death after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifBonus as on the date of death after deducting Reversionary Bonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifBonus already paid as a part of Income Benefit, along with interim bonus and terminal bonus, ifbonus and terminal bonus, ifbonus, if any.
This plan offers basic sum assured along with accumulated non-guaranteed simple annual reversionary bonuses plus non-guaranteed terminal bonus to the nominee in case of death of the insured within the tenure of the policy
Base Sum Assured along with the vested Simple Reversionary Bonuses shall be used to provide an annual income benefit at the end of every subsequent policy year after the premium payment term, i.e. (Base Sum Assured + vested Simple Reversionary Bonus) x Income Benefit Factor
Simple reversionary bonus and terminal bonuses (if any) are paid out along with maturity benefit as well as death benefits.
Vested simple reversionary bonuses and any Guaranteed Terminal Additions are also paid along with the Sum Assured on death.
On maturity, the Sum Assured on maturity along with the Guaranteed Terminal Additions and vested simple reversionary bonuses is paid subject to a minimum of 101 % of all premiums paid
God forbid, in the unfortunate event of your demise during the policy coverage period, your nominee would be paid ten times the annualized premium or 125 % of the Basic Sum Assured along with simple vested reversionary bonuses and additional final bonus.
Benefit on Vesting would be provided under the policy in full force, on vesting an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be made available to the Life Assured.
Sum Assured: 60 K along with vested simple reversionary bonuses.
If an insured person survives the policy term, he / she will be entitled to the maturity benefit that is, Sum Assured along with vested Simple Reversionary Bonus + Final Addition Bonus.
Maturity Benefit: The Basic Sum Assured, along with the vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.
Maturity Benefit: The maturity benefit will be sum assured along with simple reversionary bonuses and Final Additional bonus, if any.
The remaining 40 % of Sum Assured along with accrued simple Reversionary Bonus + Terminal Bonus would be paid as Maturity Benefit on survival till the end of the Policy Tenure.
On death after the first five policy years, the Basic Sum Assured along with accrued Guaranteed Addition, Simple Reversionary and Final Additional Bonus is paid.
On survival of the life assured till the end of the policy term, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
On death during the term of the policy and on or after the date of commencement of risk, Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
Scenario A: On survival of Mr. Raj In case of survival of the life insured till the vesting date, an amount equal to the Basic Sum Assured along with accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus is payable.
At maturity, an amount equal to the Basic Sum Assured along plus accrued Guaranteed Additions, vested Simple Reversionary bonuses and Final Additional bonus is payable to the Life Insured.
In the event of demise of Mr. Raman during any policy year, Rs 3 Lacs along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable.
In case of survival of the life assured till the maturity of the policy, a lump sum of basic sum assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided all the premiums have been paid.
On survival of the life assured till the date of maturity, sum assured on maturity along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided the policy is in - force.
If single or both partners are alive during the maturity, they receive basic sum assured, along with vested simple reversionary bonuses and terminal bonus.
If Mr. Raman dies during the policy term, his nominee will receive Rs 5 Lacs along with vested Simple Reversionary Bonus and Terminal Bonus.
In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Simple Reversionary Bonus and Terminal Bonus is payable to the nominee.
On survival of the life assured till maturity of the policy, Sum Assured on Maturity along with vested simple reversionary bonuses and final additional bonus is payable as a lump sum, provided the policy is in - force.
On survival of the life insured till maturity of the policy, Sum Assured on Maturity along with Vested Simple Reversionary Bonuses & Final Additional Bonus is payable.
In case the Life Insured survives till the completion of the policy term provided all premiums are duly paid, then 100 % of Sum Assured on Maturity is paid at the completion of policy term along with accrued Non-Guaranteed Annual Simple Reversionary Bonus and Non-Guaranteed Terminal Bonus.
In case of survival of the life assured till the end of the policy term, the basic sum assured along with vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided the policy is in - force.
ON DEATH: On death of insured AFTER COMMENCEMENT OF RISK, sum assured along with vested simple reversionary bonuses and final additional bonus, if any, shall be payable.
ON MATURITY: On survival till the end of policy term, sum assured along with vested simple reversionary bonuses and final additional bonus, if any, shall be payable.
Higher of sum assured along with non guaranteed simple reversionary bonuses and non guaranteed terminal bonus paid as a lump sum or 105 % of all premiums paid
ON MATURITY: On maturity insured will get, sum assured along with vested simple reversionary bonuses and final additional, if any, shall be payable.
In case of Life assured surviving the stipulated date of maturity, 40 % of the Basic Sum Assured along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable.
The Sum Assured along with vested Simple Reversionary Bonus + Final Addition Bonus would be paid to the Life Insured on survival till the end of the Policy Tenure as Maturity Benefit.
At the time of maturity of the plan, you get 40 % of the Sum Assured along with accrued simple reversionary bonuses and Final Additional Bonus.
At maturity (after 25th birthday), the child will get remaining 40 % of the Sum Assured, along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any.
After commencement of risk: Sum assured along with vested simple reversionary bonus and final additional bonus (if any) would be paid.
Insurance21 Replied: 02-06-2017 10:40:44 Here is plan feature text from LIC website: On the life assured surviving to the end of the policy term, provided all due premiums have been paid, «Sum Assured on Maturity» along with vested Simple Reversionary Bonuses (as mentioned in 2 below) and Final Additional bonus, if any, shall be payable.
On the life assured surviving the end of policy term (100 - Age at entry) provided all premiums have been paid Sum Assured along with vested simple reversionary bonus and FAB (if any) shall be payable.
Maturity Benefit: On the Life assured surviving the stipulated date of maturity, provided the policy is in full force, Sum Assured on Maturity (which is 40 % of the Basic Sum Assured) along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable.