Sentences with phrase «term guarantees a lump sum»

Level Term guarantees a lump sum paid on the event of death.

Not exact matches

For the uninitiated, an annuity is a long - term contract between an individual and an insurance company which guarantees that in exchange for a lump - sum premium or a series of premiums the insurance company will guarantee an income stream that can last for a certain number of years — or even for an entire life.

lump sum, installment etc), the terms of the agreement's termination, confidentiality, and whether or not the provider of services will guarantee the quality of work.

A life insurance policy is designed to pay out a cash lump sum if the person (s) insured dies during the term of the plan; this will guarantee that the beneficiaries will not be faced with financial difficulties even though they now face a loss of income.

Apart from offering guaranteed lump sum benefit on maturity, the plan also offers guaranteed income during the income term that increases every year.

ICICI Pru Cash Advantage: ICICI Pru Cash Advantage is a unique savings and protection focused plan offering guaranteed amount every month after the end of the premium payment term, a guaranteed lump sum amount on maturity, along with bonuses and life cover to take care of your loved one in case of your death.

You have to pay premium for few years and you get guaranteed benefits like regular income at an attractive rate of 11 % - 13 % p.a., lump sum amount on maturity and life cover throughout the policy term.

You have to pay the premium for a few years and you get guaranteed benefits like regular income lump sum amount on maturity and life insurance cover throughout the policy term.

A non linked participating plan offering Non-Guaranteed Cash Bonuses, Guaranteed Survival Benefits, and a lump sum at the end of the Policy Term

On policy maturity, you get a guaranteed lump sum amount along with bonuses accumulated during the policy term.

If you stay invested for the policy term you choose, then on maturity you become eligible to receive a guaranteed lump sum amount.

On death during the first 5 years of the term, basic Sum Assured + accrued Guaranteed Additions are paid in lump sum or annuity or partly in lumps sum and partly in annuity.

These policies are combination long - term care life insurance contracts that provide you with many benefits, such as a guaranteed lump sum death benefit, guaranteed long - term care benefit, cash value growth and potential return of premium.

This product provides guaranteed money back payouts during the policy term along with guaranteed lump sum on maturity and bonus (es) which can be utilized by the customer to fulfill various planned milestones.

The limited payment term is 10 years to suit your finances and one receives guaranteed lump sum payout equal to 55 % of the sum assured.

Guaranteed lump sum at the end of policy term.

They provide reasonable coverage while investing your money and offer a guaranteed lump sum payout, called an endowment, at the end of the policy term.

Max Life Monthly Income Advantage Plan is a participating, money back life insurance plan that ensures guaranteed monthly income for 10 years plus provides lump - sum benefit of non-guaranteed bonuses at maturity that helps meet long term financial goals.

In the event of death of the life insured during the policy term, lump sum death benefit as Guaranteed Death Sum Assured (GDSA) is payable to the nominee.

On Death of the Life Insured during the Policy Term, lump sum Death Benefit equal to Guaranteed Sum Assured on Death (GSAD) will be payable to the nominee.

This is a regular plan, non linked scheme offers long term protection and savings along with guaranteed lump sum payment every 3 years.

A plan that offers you Non-Guaranteed Cash Bonuses from the 7th year, Guaranteed Survival Benefits from the 10th year onwards, as well as a lump sum at the end of the Policy Term.

A plan that offers a lump sum at the end of the premium payment term followed by increasing guaranteed payouts until maturity and a lump sum payout at maturity.

A traditional non linked participating plan that offers you Non-Guaranteed Cash Bonuses from the 7th year, Guaranteed * Survival Benefits from the 10th year onwards, as well as a lump sum at the end of the Policy Term.

This plan also provides guaranteed lump sum at maturity along with life cover for the entire policy term.

Edelweiss Tokio Life — Triple Advantage Plan is a non-linked & participating life insurance plan that helps you earn a guaranteed lump sum benefit and payable twice within the term of the po... Read more

Scenario B: Mr. Gupta dies during the Term of the Policy In the event of unfortunate demise of Mr. Gupta in the 3rd policy year after payment of 3 years» premiums, his family will receive a lump sum amount of Rs 1,014,000, Guaranteed Sum Assured on maturity equal to Rs 2,00,000 along with accrued Annual bonuses and Final bonus, is payable on maturity.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.

In the event of unfortunate death of the life insured during the term of the policy, an immediate lump sum benefit plus Guaranteed Annual Payouts plus Guaranteed Sum Assured on maturity plus Bonuses are payable.

The percentage of Guaranteed Payout depends upon the Policy Term, Premium Payment Term and the Premium Amount as mentioned below: (The Policyholder has an option to take the above mentioned maturity benefit as a lump sum.

Edelweiss Tokio Life — Triple Advantage Plan is a non-linked & participating life insurance plan that helps you earn a guaranteed lump sum benefit and payable twice within the term of the policy.

On staying invested for a chosen policy term, you get a tax free guaranteed lump sum amount on maturity, which is paid to you as a combination of: