Sentences with phrase «additional lump sum amount»

b) Extra Life Option (Accidental Death Benefit): A additional lump sum amount is paid in case of death, over and above Sum Assured in case of death due to accident.

Reliance Accidental Death and Total and Permanent Disablement Rider (Regular Premium)-- the rider promises payment of an additional lump sum amount if the insured dies or suffers total and permanent disability directly due to an accident.

The insurance company also pays an additional lump sum amount in case the insured has to undergo of any surgeries Premium Waiver rider: This rider offers waiver of future premiums in case of critical illness of the life insured, death or total and permanent disability

The insurance company also pays an additional lump sum amount in case the insured has to undergo of any surgeries.

Moreover, if there is any surgery undertaken on the insured, an additional lump sum amount is also paid by the company.

An anti-detriment payment is an additional lump sum amount that may be paid to an eligible dependant when a lump sum death benefit is paid.

Personally, I follow a mix of both, I let my SIPs continue and at the same time invest additional lump sum amounts once in a while when markets are in downward trend.

Dear Maninder, I judiciously follow markets and when I see the indices are below 200 day moving average (or) if I believe that markets have fallen too much (personal judgement), I invest additional lump sum amounts.

Not exact matches

In some cases the additional amount may be a lump sum due at a specific date in the future.

If you have interest & time to follow financial markets, you can surely consider investing lump sum (or additional amounts) when markets fall.

Its actually an additional cover, 1 crore sum assured as lump sum and 40ooo per month for next 10 years, total cover amounting to 1.48 crores.

You can finance the cost of the insurance, paying an additional amount on top of your mortgage payment, you can pay the insurance premium in one lump sum each year, or you may be able to set up separate monthly payments with the lender or the private mortgage insurance company.

This Critical Illness policy provides a lump sum amount to cover costs towards treatment, recuperation aids and also gives additional funds to take care of changes in lifestyle and loss of income due to decreased ability to earn.

If the death benefit face value is $ 250,000 (for example), and the beneficiary elects to receive monthly payments instead of the lump sum amount, the additional interest received above the $ 250,000 face amount is taxable.

These diagnosis statements are produced by a physician with an expertise in that illness and the insurer is bound to pay out a lump sum amount to the insured without any additional charges on premiums.

Critical Illness Insurance policies give you the additional financial benefits and provide a lump sum amount to cover the costs incurred during treatment and care, recuperation aids and even offer funds in case you are not in a position to earn money due to your health problem.

After the death of policyholder, lump sum amount is given to the nominee, equal to the total of sum assured of the policy + simple reversionary bonus + additional bonus if any.

Accidental Death Rider: In the case of an accidental death of the insured, an additional amount equal to the sum assured plus the original sum assured in the lump sum will be paid to the nominee.

Accidental Death Rider: In case of an accidental death of the insured, an additional amount along with the sum assured in the lump sum is given the nominee.

Offers additional financial security as well as 100 % of the sum assured as a lump sum amount in case of accidental death.

A pure term insurance plan that provides life Insurance cover to you by paying a lump sum benefit to your family in case of an unfortunate death.Choice of single or regular premium payments and an additional amount in case of an accidental death.

I would have preferred an additional explicit option where you can take part amount as lump sum and remaining as monthly payout.

By adding an additional amount to a monthly principal payments or making an additional yearly lump sum payments, homeowners gain thousands of dollars in equity.