Sentences with phrase «additional death benefit payable»

The amount of an additional death benefit payable under section 93 (2)(a) in respect of an accident occurring on or after January 1, 1987 is $ 145 a week.

Not exact matches

However, the death benefit payable shall never be lower than 105 % of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).

• Accidental Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250,000.

Note that this is not necessarily the same as the actual death benefit payable Please refer to your policy's terms and conditions for additional information on the factors that may increase or decrease the actual death benefit payable, which may include loans taken or additional coverage purchased.

The term «death benefit» means the amount payable by reason of the death of the insured (determined without regard to any qualified additional benefits).

The Additional Death Benefit is calculated by adding up the discounted value of the money - back benefits payable in the last 4 years of the policy and the inbuilt Family Income Benefit

If death occurs, the benefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal Bdeath occurs, the benefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminalbenefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal BDeath Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any TerminalBenefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal Bonus.

The benefit of this rider is that it will pay out an additional benefit on top of the death benefits payable to your beneficiary.

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

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.

Over time, the guaranteed cash value, and dividends (when payable) can be used for the trust's immediate use, or the dividends could purchase paid - up additional insurance to increase the total death benefit payable to the trust.

The fixed Final Additional Bonus and the Simple Reversionary Bonuses, if any, contained in the Death Benefit must be payable on the maturity due date.

If the death or the first diagnosis of cancer (subject to waiting period **) occurs during the premium payment term, then, an additional benefit as Income Benefit will be pbenefit as Income Benefit will be pBenefit will be payable.

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

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.

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.

In case, death occurs after claim has been paid for cancer and income benefit being triggered, no additional benefit will be payable on death and outstanding income benefits (if any) will be payable to the nominee.

In the event of demise of Mr. Raman during any policy year, Rs 2 Lacs plus vested Simple Reversionary Bonuses and Final Additional bonus is payable as the death benefit to the nominee.

The first instalment will be paid to the nominee after the settlement of claim and the remaining 10 instalments will be paid on each of the following death anniversary of the Life Assured plus Additional benefit shall be payable along with the last annual instalment.

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

In the event of death of the life insured before the date of maturity, the Death Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - fdeath of the life insured before the date of maturity, the Death Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - fDeath Benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - fDeath plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - force.

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

In the event of accidental death during the tenure of the policy (provided the life assured is aged 18 years & above on the date of death), an additional sum assured is payable apart from the death benefit mentioned above as per the policy terms and conditions.

Additional Sum Assured is payable on death occurring due to an accident is Rs 1,00,000 along with the basic death benefit.

However, the death benefit payable shall never be lower than 105 % of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).

In the event of the demise of the life assured during the term of the policy, the death benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bdeath benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bDeath, vested Simple Reversionary Bonuses and Final Additional bonus.

In addition to the core death benefit that a policy offers, one can opt for an additional cover payable in case the death or permanent disability is due to an 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.

Scenario B: Rajeev dies during the Term of the Policy In the event of the demise of Rajeev during the policy term, the Death Benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bonus is payable.

Accidental death benefit: In case of death due to an accident, an additional amount up to 50 % of the sum assured is payable to the nominee along with the base sum assured.

However, if policy benefits include an accidental death benefit rider, except this additional benefit, only the base insured sum assured will be payable.

Maturity Benefit Options (a) Enhanced Cash Option: · Sum Assured + Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) + · Enhanced Terminal Bonus OR (b) Enhanced Cover Option: · Sum Assured + Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) · And Additional Sum Assured payable on death of Life Assured upto the age of 99 Years.

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

Provided all due premiums have been paid, the following death benefit shall be paid: On death during the policy term: Death benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be paydeath benefit shall be paid: On death during the policy term: Death benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be paydeath during the policy term: Death benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be payDeath benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be payDeath» and vested Simple Bonuses and Final Additional Bonus, if any, shall be payable.

Death Benefit in Bhandari's case: If Mr Bhandari passes away, the Death Benefit which is the total of «Sum Assured on Death «+ Vested Simple Reversionary Bonuses + Final additional bonus, if any, shall be payable to the nominee.

On death after the date of commencement of risk: Death benefit, defined as sum of «Sum Assured on Death» and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be paydeath after the date of commencement of risk: Death benefit, defined as sum of «Sum Assured on Death» and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payDeath benefit, defined as sum of «Sum Assured on Death» and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payDeath» and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable.