Sentences with phrase «tenure till the end of the term»
Regular Guaranteed Income is paid after the completion of the Premium Paying Tenure till the end of the term @ 11 % - 13 % of the Sum Assured depending on the premium amount paid and the premium paying term chosen.
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There will be no maturity benefit payable to the policyholder if he survives till the end of the LIC online term plan tenure because it is a pure LIC term insurance plan
The Sum Assured under the Max Life term plan increases every year at a simple rate of 5 % till the end of the plan tenure
Survival benefits are paid post the completion of the premium paying term till the end of the tenure except on maturity equal to 150 % of the annual premium
At the end of the term, if the policyholder survives, he gets a regular monthly income till the end of the policy tenure, as specified in the policy (note: in case of MIPs policy tenure is longer than premium payment term).
Max Life Partner Care rider can be availed under the plan wherein the aggregate of all future premiums payable till the end of the term or till the insured attains 60 years of age is payable immediately if the insured dies during the tenure of then plan.
DHFL Pramerica Family Income Plan is a decreasing term plan offered by DHFL Pramerica Life Insurance wherein the death benefit may either be payable in a lumpsum to the nominee or in equal monthly installments till the end of the policy tenure.
The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term) till policy maturity and also pays lump sum amount at the time of maturity (or) on death of the policyholder (during the policy tenure).
In term plans offering premium waiver beneifit rider, in case of physically disabled or income stopped, your future premiums would be waived, however your term insurance would continue till the end of the tenure without any disruptions.