Sentences with phrase «accumulated guaranteed additions»

At maturity of the policy, the sum assured chosen plus accumulated guaranteed additions are payable.

Higher of 10 times the annualized premium or sum assured on maturity along with accumulated guaranteed additions

GSV = (Basic Premium paid excluding taxes * GSV Factor) + (Accumulated Guaranteed Additions * GSV factors of such additions)

The insured is paid the sum assured as chosen by him along with the Accumulated Guaranteed Additions as the maturity benefit, given that no claims have been done yet.

You will receive the Sum Assured chosen by you and the accumulated Guaranteed Additions as maturity benefit on the maturity date, provided all due premiums have been paid.

In case of death post the first 5 years, the chosen Sum Assured under the LIC pension plan including the accumulated Guaranteed Additions, Simple Reversionary Bonuses and Final Additional Bonus, if any till the date of death is payable to the nominee who can avail the death benefit whether in lump sum or annuity or partly in lump sum and partly in annuity depending on his choice

Offers higher of 10 times the annualized premiums or sum assured on maturity along with accumulated guaranteed additions in case of death of the life assured

Not exact matches

Under the added paid - up options the policyholders are allowed to get their paid - up additions using their bonuses which would accumulate in their plan making this plan an additional guaranteed assured - sum which is paid as maturity or death benefits.

Further, the policy gets converted into Paid - Up policy, where the Guaranteed Additions and the bonuses accumulate.

A lump sum amount equal to 10 times ** the annualized premium along with accumulated bonuses and Applicable Guaranteed Terminal Additions is paid immediately to the family members applicable

Death Benefit Available — the nominee receives Sum assured + guaranteed additions accumulated till death.

Baltimore Life's whole life insurance offers guaranteed death benefit, policy loans, and possible dividends that can be used as cash, paid up additions, accumulate, or lower premiums.

It helps you to accumulate the wealth with the help of bonuses or guaranteed additions available under the policy.

The death benefit paid under the plan is the sum assured plus the accrued bonus (if it is a with profit endowment policy) or only sum assured (if it is a non profit endowment policy) where as maturity benefits are sum assured plus accumulated bonus or guaranteed additions by the insurer.