Sentences with phrase «additional death benefit equal»

Option II comes with additional death benefit equal to Sum Assured or Rs 50 Lakhs (whichever is lower) in case of death due to accident.

If you should die in an accident while a fare - paying passenger on a common carrier (i.e. train), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.

Accidental Death Benefit Rider Provides an additional death benefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certain age.

Accidental Death Benefit: pays an additional death benefit equal to the policy face amount if death is due to an accident.

If the insured dies in an accident while he or she is a fare - paying passenger on a common carrier (e.g., airplane, train, or bus), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.

Common carrier death benefit provision — If the insured dies while on an airplane, train, or bus, this rider provides an additional death benefit equal to 100 % of the original face amount.

Not exact matches

The standard death benefit is equal to the contract value on the date of the claim and does not include any additional guarantees.

The standard death benefit is equal to contract value on the date of the claim and does not include any additional guarantees.

The additional term coverage rider provides a twenty - year term policy equal to the target death benefit.

A PerspectiveSM variable annuity includes a standard death benefit equal to the contract value on the date of the claim and does not include any additional guarantees.

The standard death benefit is equal to the contract value on the date of the claim and does not include any additional guarantees.

All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid

There is an inbuilt Accidental Death Benefit feature under which in case of accidental death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 Death Benefit feature under which in case of accidental death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 lakhs

His wife, who is his nominee, receives the Death Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown bDeath Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shownBenefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown bdeath benefit, as shownbenefit, as shown below.

Accidental Death Benefit (Life Insurance): Provision under a life insurance policy for payment of an additional amount — usually equal to the face amount of insurance — if the insured is killed in an accident.

Option to select accidental death benefit where in case of death of policy holder due to an accident, an additional equal sum assured would be paid to the nominee.

Accidental death benefit riders are also referred to as «double indemnity» when the additional amount of benefit payout is equal to the original death benefit amount, causing your carrier to pay out double your original death benefit.

Other value addition benefit includes Double Accident benefit which offers an additional benefit equal to sum assured shall be payable if death is caused within 180 days of any bodily injury sustained directly and solely from an accident

An additional Accidental Death Benefit equal to the SA is payable if the policyholder is killed in an accident.

In case of demise of the policyholder during the term of the policy, then the death benefit which is equal to the summation of «Sum Assured on Death», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficdeath benefit which is equal to the summation of «Sum Assured on Death», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficDeath», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficiary.

An additional Accidental Death Benefit equal to the SA is payable if the policyholder meets with accidental death under Extra Life ODeath Benefit equal to the SA is payable if the policyholder meets with accidental death under Extra Life Odeath under Extra Life Option

Accidental Death Benefit: As an additional benefit, an amount equal to sum assured shall be paid to the nominee if the policyholder dies due to an aBenefit: As an additional benefit, an amount equal to sum assured shall be paid to the nominee if the policyholder dies due to an abenefit, an amount equal to sum assured shall be paid to the nominee if the policyholder dies due to an accident

Policy holders above 18 years of age have option of availing LIC's Accidental Benefit Rider with this plan, which will provide additional amount equal to basic sum assured in case of death caused due to accident.

Additional Accidental Death Benefit is equal to the Basic Sum Assured of Rs 50 lakhs, whichever is lower

In case of accidental death if the accidental death benefit is taken, an additional benefit is payable which is equal to the basic Sum Assured subject to a maximum of Rs. 2 crores and 30 % of the premiums paid till death.

In case of death of the Life Assured due to an accident, additional benefit equal to 100 % of the Sum Assured will be paid subject to maximum of 1 Crore.

LIC's Accidental Death and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acciDeath and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acbenefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acBenefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the accideath due to accident, provided the rider is in full force at the time of the accident.

Death benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeBenefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BenefitBenefit).

Extra Life Option (Accidental Death Benefit): In addition to the death benefit mentioned above an additional benefit equal to Sum Assured is payable in case of death due to accDeath Benefit): In addition to the death benefit mentioned above an additional benefit equal to Sum Assured is payable in case of death due to aBenefit): In addition to the death benefit mentioned above an additional benefit equal to Sum Assured is payable in case of death due to accdeath benefit mentioned above an additional benefit equal to Sum Assured is payable in case of death due to abenefit mentioned above an additional benefit equal to Sum Assured is payable in case of death due to abenefit equal to Sum Assured is payable in case of death due to accdeath due to accident

What this means is that the cash value in the policy will then be equal to the amount of the death benefit and that no additional premium payment will be due.

Under this benefit, an additional amount equal to basic sum assured would be paid to the nominee in case the death is caused due to accident.

Accidental Death Benefit (Extra Life Option) In the event of your accidental death, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nomDeath Benefit (Extra Life Option) In the event of your accidental death, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nBenefit (Extra Life Option) In the event of your accidental death, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nomdeath, an additional benefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nbenefit equal to Sum Assured apart from the death benefit (as mentioned above) is payable to the nomdeath benefit (as mentioned above) is payable to the nbenefit (as mentioned above) is payable to the nominee.

The customer has the choice of opting for Accidental Death benefit options that pays an additional amount equal to the Basic Sum assured in case of unfortunate death due to acciDeath benefit options that pays an additional amount equal to the Basic Sum assured in case of unfortunate death due to accideath due to accident.

Additional benefit equal to rider sum assured if the death occurs as a result of an accident.

Additional Benefit equal to Sum Assured is payable in addition to the Death Benefit payable under the plan.

ACCIDENTAL DEATH BENEFIT: Provision for payment of an additional amount — usually equal to the face amount of insurance — if the insured is killed in an accident.