Sentences with phrase «simple reversionary bonus gets»
Non-guaranteed annual simple reversionary bonus gets accrued to the policy at the end of each year provided all due Premiums are paid and is payable at Maturity.
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Non-Guaranteed Annual Simple Reversionary bonus gets accrued to the policy at the end of each year provided all due premiums are paid and is payable at Maturity.
Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.
Not exact matches
A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.
The insured either gets the death benefit or the survival benefit as the case may be.The returns from a monthly income plan is fixed and guaranteed as it is untouched by market fluctuations.The insured also gets terminal bonus and simple reversionary bonus.
When the policy tenure ends, the insured gets terminal bonus and simple reversionary bonus.
In case of survival till the policy end, one will get Basic Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as maturity benefit.
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.
Bonuses — Any Simple Annual Reversionary Bonuses get accrued to your plan from the end of the first year of the policy and are eligible to be paid upon Maturity, Death or Accidental Total Permanent Disability
Beneficiary gets Death Sum Assured plus Vested Simple Reversionary Bonus as on the date of death
In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benefits.
Get Guaranteed Sum Assured plus vested simple reversionary bonus till the end of premium payment term 10 equal installments starting from the 11th policy year till maturity of your policy.
On death, the nominee gets higher of the SA on death and vested Simple Reversionary Bonuses if any subject to a minimum of 105 % of all premiums paid till death
Most money back plans offer a simple reversionary bonus that is declared at the end of a year and gets added to the overall bonus that the insured receives at the end of the policy period.
The reversionary bonus is generally of the nature of simple interest where the bonus of the previous period does not get added to the sum assured.
Bonus: This is a participating policy as the policyholder gets Final Additional Bonus and Simple Reversionary Bonuses.
Simple Reversionary Bonus and Final Additional Bonus: These are the technical terms to describe the share of profits of LIC that you get under this policy.
If Mr. Ashish survives as said in the first case, then he gets the maturity benefit as follows: Maturity Benefit = Sum Assured on maturity + Vested simple Reversionary Bonus + Final Additional Bonus.
But if unfortunate death happens after commencement of risk, then nominee will get Sum Assured on death + Vested Simple Reversionary bonuses and Final Additional Bonus (if any).
On maturity, the policyholder will get Basic Sum Assured plus vested Simple Reversionary Bonus plus Final Addition Bonus.
Death Benefit: In case of death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).
In the event of death of the policy holder during the policy term, the policy holder gets the sum of Sum Assured, vested Simple Reversionary Bonus and Final Additional Bonus, if any.
If you survive the policy term, you get Sum Assured + Vested Simple Reversionary Bonus + Final Additional Bonus, if any.
Do note the simple reversionary bonus merely gets vested.
a) Death Benefit: In case of death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).
Maturity Benefit: At the maturity, policy holder would get Basic Sum Assured + vested simple reversionary Bonuses + Final Additional Bonus (if any).
On survival till the end of the policy tenure, the policyholder gets the remaining 40 % of the Sum Assured + accrued simple Reversionary Bonus + Terminal Bonus as Maturity Benefit and the policy terminates.
A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.
A non-guaranteed simple annual reversionary bonus gets accrued to the policy from the end of 1st Policy year and will get paid out on Maturity or on death.
Non Guaranteed Simple Annual Reversionary Bonuses get accrued to the policy from the end of 1st policy year and get paid out on Maturity or on death.
Potential Upside through Bonuses: Non-Guaranteed Simple Annual Reversionary Bonuses (if any) get accrued to the policy from the end of 1st policy year and get paid out on Maturity, Death or Accidental Total Permanent Disability.
On the maturity date, you will get the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus, if any.
Simple Reversionary Bonus will start getting declared and attached to all in - force Policies from sixth policy year onwards.
On the unfortunate event of death, the beneficiary will get Death Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus, if any.
ON DEATH: After the commencement of risk if insured dies, nominee will get SUM ASSURED on death and vested simple reversionary bonuses and final additional bonus, if any, shall be payable.
ON DEATH: On death of insured during the policy term, nominee will get sum assured on death, vested simple reversionary bonuses and final additional bonus, if any, shall be payable.
ON MATURITY: On maturity insured will get, sum assured along with vested simple reversionary bonuses and final additional, if any, shall be payable.
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.