Sentences with phrase «total policy tenure»

Not exact matches

Policy details is as follows - Premium - 37300 (Yearly) Tenure - 20 Years Sum assured - 7,75000 Premiums paid till date - 3, Total amount paid - 1.11 L

Death Benefit: In case of the demise of the insured person the beneficiary of policy LC Jeevan Anand is payable of total sum assured amount along with the simple reversionary bonus and the tenure of the policy continues to be inforce.

Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till demise.

Maturity Benefit - If the insured person survives the whole tenure of the policy, then the maturity benefit, i.e. the total sum assured amount + reversionary bonus + final additional bonus is paid after the completion of the whole tenure of the policy.

Before backdating a policy, evaluate carefully to ensure that the total savings in premium over the policy tenure is more than the extra premium paid for the backdated period.

If the insured person dies during the tenure of the policy, then the death benefit is paid to the nominee of the policy i.e. the child as the sum assured amount, which is 105 % of the total premium paid till demise.

Secondly, the plan offers an assured premium return, which means total premiums paid during the tenure of the policy are paid back to the policyholder.

For Single trip worldwide including USA and Canada, and for single trip excluding USA and Canada, the policy can be extended for a maximum period of 180 days, subject to 360 days of the total policy period including both the extension as well as the original plan tenure.

In case of death of the Life Insured within the Policy Tenure, the nominee gets (10 X Annualized Premium) or (Sum Assured + accrued bonus, if any), subject to a minimum of 105 % of total premiums paid.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive 101 % of Total Premiums paid till date + Bonuses

However, on unfortunate Death of the Life Insured within the Policy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit and the policy would be termiPolicy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit and the policy would be termipolicy would be terminated.

However, if the Annuitant dies within the policy tenure, the higher of Fund Value or 105 % Total Premiums paid, are accumulated as Death Benefit.

Death Benefit — In case of death of the Life Insured within the Policy Tenure, the nominee gets (10 X Annualized Premium) or (Sum Assured + accrued bonus, if any), subject to a minimum of 105 % of total premiums paid.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive 101 % of Total Premiums paid till date + Bonuses, subject to a minimum of 105 % of total premiums paid till date as Death Benefit which can be taken by the nominee as a lumpsum or as annTotal Premiums paid till date + Bonuses, subject to a minimum of 105 % of total premiums paid till date as Death Benefit which can be taken by the nominee as a lumpsum or as anntotal premiums paid till date as Death Benefit which can be taken by the nominee as a lumpsum or as annuity.

On unfortunate Death of the Life Insured within the Policy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit

The calculation of surrender value depends on various things like total tenure of the policy, number of premiums that you have paid, surrender charge applicable etc..

In case of death of the Life Insured within the Policy Tenure, the nominee gets the higher of the Fund Value or the Sum Assured as Death Benefit, subject to a minimum amount of 105 % of the total Premium paid and the policy termPolicy Tenure, the nominee gets the higher of the Fund Value or the Sum Assured as Death Benefit, subject to a minimum amount of 105 % of the total Premium paid and the policy termpolicy terminates

At the end of the Policy Tenure of 20 years, (Total of all Monthly Basic Premiums paid) + (All Bachat Additions earned) + (Loyalty Addition)--(Survival Benefits already paid) is paid as Maturity Benefit.

Death Benefit — In case of death of the Life Insured within the Policy Tenure, the nominee gets the higher of 10 times the Annualized Premium or the Sum Assured + accrued Reversionary Bonuses + Interim Bonus + Terminal Bonus, if any, subject to a minimum of 105 % of total premiums paid as Death Benefit and the policy termiPolicy Tenure, the nominee gets the higher of 10 times the Annualized Premium or the Sum Assured + accrued Reversionary Bonuses + Interim Bonus + Terminal Bonus, if any, subject to a minimum of 105 % of total premiums paid as Death Benefit and the policy termipolicy terminates.

In case of death of the Annuitant within the Policy Tenure, the nominee will receive the Total Premiums paid to date accumulated at a Guaranteed Rate of 6 % p.a. compounded annually as Death Benefit which can be taken by the nominee as a lumpsum or as annuity and the policy termiPolicy Tenure, the nominee will receive the Total Premiums paid to date accumulated at a Guaranteed Rate of 6 % p.a. compounded annually as Death Benefit which can be taken by the nominee as a lumpsum or as annuity and the policy termipolicy terminates.

In case of death of the Life Insured within the Policy Tenure, the nominee gets higher of Sum Assured, 105 % of the total premiums paid and Fund Value as Death Benefit.