Sentences with phrase «absolute minimum amount of time»

For other states, they only require the absolute minimum amount of time.

Not exact matches

The amount of time it takes to set things up is kept to an absolute minimum.

On death higher of 10 times the annual premium or 105 % of all premiums paid or Minimum Guaranteed SA on Maturity or absolute amount assured to be paid on death is payable

The basic features of this policy are: ● Fixed minimum basic sum assured ● Death benefit is higher of 10 times the annualized premium or absolute amount assured ● On maturity, sum assured and bonus is payable ● The death benefit amount is tax - free

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

For non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the highest.

Death Sum Assured is highest of 10 times of Annual Premium OR 105 % of all the premium (excluding taxes and extra premiums, if any) paid as on date of death, OR Minimum Guaranteed Maturity Benefit, OR absolute amount assured to be paid on death (11 times the Annual Premium rounded up to the next «1000), where, Annual Premium refers to premium payable in a year excluding any extra premium, service tax and loading for modal factors, if any.