Sentences with phrase «special surrender value less»

Not exact matches

Special Surrender Value is equal to the 80 % of the Maturity Sum Assured for 3 years or more, but payment of premiums for less than a period of 4 years have been; 90 % of Maturity Sum Assured, if 4 years or more, but payment of premiums for 5 years have been made and 100 % of the Maturity Sum Assured if payment of premiums for 5 years or more have been made.

Special surrender value: 80 % of Maturity Sum Assured if 3 or more years but less than 4 years premiums have been paid; 90 % of the Maturity Sum Assured, if 4 or more years» but less than 5 years premiums have been paid and 100 % of the Maturity Sum Assured, if 5 or more years premiums have been paid.

The plan offers a loan facility which is 90 % of the special surrender value of the policy at the end of the relevant policy year less any unpaid premiums for that year.