Sentences with phrase «year till the end of the policy»
Guaranteed Additions are calculated as a percentage of the Single Premium and will be added every year till the end of the policy term.
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Calculated as a percentage of the single Premium, the guaranteed additions will be added every year till the end of the Policy Term.
Further, 10 % of the Sum Assured is paid to the nominee, every year till the end of the Policy Term, as Income benefit.
In addition, the nominee also gets the Income Benefit, which is 10 % of the Sum Assured, every year till the end of the policy term, from the date of death of the policy holder.
This income will be paid regardless of whether the policyholder is present or not for 15 years till the end of the policy
This benefit shall increase at 5 % every policy year till the end of the policy term or 5 years, whichever is later
From 41st policy year till end of policy term, Death Sum Assured would be equal to 200 % of sum assured.
Calculated as a percentage of the single Premium, the guaranteed additions will be added every year till the end of the Policy Term.
Guaranteed Additions are calculated as a percentage of the Single Premium and will be added every year till the end of the policy term.
Loyalty Additions as 0.5 % is made in the form of extra allocation of units at the end of each policy year, starting from 6th Policy year till end of the policy term.
Not exact matches
The reason being that what you pay to insurance company quite a bit of this goes to agents as commissions [in India its around 25 % for first years, 15 % second and 5 % till the end] for normal endowment policy, or reitrement market linked ULIPS, there are further costs.
A percentage of the Sum Assured on Maturity will be paid during the Maturity pay - out period starting from the end of the Policy Term till the end of the 19th year.
He continues to receive the maturity benefit in regular instalments from the end of the policy term till the end of the 19th year.
Survival Payout *: On Survival of the Life Assured till the end of the premium payment term, Survival Payouts are paid as a percentage of ONE Annual Premium which increases every year at 10 % of annual premium from the end of the premium payment term till one year before the end of the policy term.
Survival Payouts are given as a percentage of ONE Annual Premium which increases every year at 10 % of Annual Premium from the end of the premium payment term till one year before the end of the policy term
Survival Payouts are given as a percentage of Annual Premium which increases every year at 10 % of Annual Premium from the end of the premium payment term till one year before the end of the policy term
At the end of the Policy Term which also is 12 years, he receives the entire premium that he has paid till the end of the Premium Payment Term.
Loyalty Additions: Get Loyalty Additions every year from end of 6th policy year till maturity for both premier and online options, provided your policy is in force and all due premiums till date have been paid.
Get Loyalty Additions every year from end of 6th policy year till maturity for both premier and online options, provided your policy is in force and all due premiums till date have been paid.
Money back benefits — Guaranteed money back benefits as a percentage of Sum Assured or Paid up will be paid at the end of every 5 policy years till maturity.
Simple reversionary bonuses accrue from the 3rd policy year and thereafter till the end of the term.
policy year and thereafter till the end of the term.
However, it is important to complete at least five policy years, or the policy holder must survive till the end of the policy.
A Guaranteed Cash Back payable @ 3 % of the Sum Assured is paid every year after the end of the Premium Paying Term and till the policy mature, i.e. the policyholder turns 99 years of age
The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.
Option 3 — Anant survives till 5 years of age When the policy term ends and Anant is alive, no benefit is paid as it is a term plan.
GA equal to 7 % per annum of BSA will accrue at the end of each policy year till the premium payment term, subject to all due premiums are paid and the policy is in - force till that point in time.
Offers an annual income at the end of each policy year post the premium payment till the maturity of the policy
Extended Benefit if the life assured survives till the end of the policy term, the policy will continue till the life assured attains the age of 100 years.
On diagnosis / undergoing the surgical procedure of the Minor or Moderate critical illness, premiums will be waived off for the period of 5 policy years or till the end of the policy term, whichever is earlier.
■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.
Get Guaranteed Sum Assured plus vested simple reversionary bonus till the end of premium payment term 10 equal installments starting from the 11th policy year till maturity of your policy.
If the policyholder dies within the annuity period of 5/10/15 or 20 years from the policy commencement date, annuity is payable till the end of 5/10/15 or 20 years to the nominee.
The risk cover of the term life insurance lasts till the end of policy period which could be as long as 35 years.
Furthermore, Guaranteed Income is paid for minimum 3 years or till the policy anniversary immediately preceding the end of the term
Fixed Regular Additions are accrued @ 8 % in the first year, 9 % in the second year and 10 % from the third year onwards till the end of policy term
Moreover, the premium of the policy is waived off till the end of the policy tenure or for next three years, whichever is more.
The survival benefit payment is paid at the end of the premium paying term and on successful completion of every subsequent year till the policyholder survives or policy anniversary prior to the date of maturity.
For every five years till the policy ends, guaranteed money back of 200 % of annualised premium.
Here the amount you have paid till 30 years will not get returned after your survive till the end of policy term.
On death of the life assured during the policy term, company pays chosen monthly benefit, increasing at 5 % every policy year to the nominee till the end of policy term or 5 years, whichever is later.
At the end of the premium paying term, in the example above, the LIC will start paying you 8 % of Rs 1 lakh or Rs 8000 every year till the policy matures.
On survival of the life assured till maturity, 200 % of the annual premium will be paid at the end of each year from 16th to 30th year from policy commencement.
This coverage is available till the end of the policy term that you choose: 20 years, 30 years, 45 years, etc..
Chosen «Monthly Benefit» will be paid monthly in arrear increasing at 5 % every policy year to the nominee till the end of the term OR 5 years, whichever is later on death of life assured, payable when the unfortunate event of death of life assured has been confirmed.
Guaranteed Money Back Option: If the policy is active and all premiums are paid till the premium payment term ends, a percentage of the sum assured on maturity will be paid at the end of year.
It provides monthly money - back from 21st policy year till 40th policy year and a lump - sum benefit at the end of 40th policy y...
For Single Pay policies, Guaranteed Enhancers equal to 0.25 % of last 12 months» average Fund Value, are added at the end of every policy year from 6th policy year onwards till the policy maturity.
It is added at the end of the 10th policy year and every 5th policy year thereafter till maturity / vesting of the policy.
Sum Assured: Rs. 1 crore which increases every year by Rs. 5 Lakhs (5 % of initial Sum Assured of Rs. 1 Crore) till the end of Policy Term