Sentences with phrase «survival benefit scheme»
Not exact matches
This scheme caters to Annual Income benefit, which might help to fulfil the requirements of the insured's family, mainly for the children's benefits, in the case of unforeseen demise of the insured any time before the policy gets insured and a lump sum at the time of policy's maturity heedless of the policyholder's survival.
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This scheme is particularly designed to meet the requirements of the kids including, education, marriage, etc. via annual Survival Benefit payments from 20 - 24 years and Maturity Benefit at the attainment of 25 years of age.