Sentences with phrase «after the policy term»
Option B offers 10 % of sum assured for the first three years after the policy term ends and the remaining 70 % in the fourth year.
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The pension will start after the policy term gets over.
If the policyholder dies after policy term and after the commencement of the installments: Only the installments will be paid to the nominee.
Yes, cover will continue even after policy term.
This policy has unique feature of extended risk cover after policy term.
This is an extended benefit after the policy term.
After this policy term expires the term insurance cover is no longer valid.
You can get extended life cover whole of the life after the policy term.
In case life assured dies after the policy term or survives the age of 100 years, one basic sum assured will be paid.
The risk coverage under this plan continues even after the policy term and the death benefit is paid even if the insured dies after the completion of the policy term.
On death at any time after the Policy Term In case of unfortunate demise of Virat at age 75, his nominee will receive Basic Sum Assured of «3,00,000 and the policy terminates immediately.
Guaranteed Monthly Income for 10 years (Payout Period) immediately after Policy Term along with one - time guaranteed Terminal Benefit at the end of the Payout Period
In case of your unfortunate demise any time after the policy term, your family will receive Basic Sum Assured and the contract terminates immediately.
If the death of the Life Insured happens after the Policy Term and during the Extended Life Cover Period, Sum Assured as chosen at inception of the policy shall be payable.
In case of death after the policy term is over and under the Endowment with Whole Life option, the Sum Assured on Maturity is paid out.
SBI Life Smart Income Protect is a participating savings plan which provides regular annual payouts after the policy term along with insurance cover during the policy term.
Even a small item on a CLUE report may lead the company to deny coverage after a policy term has ended or when it is near its end.
The savings plans are also designed in a way that the premiums help you save enough by the time plan matures, so that you have enough savings after the policy term to meet any needs.
Gets a life cover even after the policy term i.e. during the extended period, equal to the higher of the Base Sum Assured or 105 % of the annualised premiums paid as on the date of death
The policyholder can choose to receive the Maturity Benefit in instalments after the policy term in 5 years.
So after policy term Sharmaji will earn total = 100000 + 82000 = 1,82,000.
Either Mr. Ashish gets the benefit of survivor after the policy term of 20 years, or unfortunately, his nominee gets the death benefit.
But as per my understanding I would not be getting any benefit (sum assured seems less than what I am paying) from this policy after my policy term.
Base sum assured of Rs 5 Lacs is payable as Maturity Benefit plus accrued Reversionary Bonuses and Terminal Bonus, are payable, if any.The extended term benefit will be applicable after the policy term.
#Provided the policy is in force, Guaranteed Payouts start after the policy term & depends upon Premium payment Term & premium band.
The insured receives 10 % of the sum assured every year for 5 years after the policy term in addition to a lumpsum amount that equals 50 % of the sum assured in addition to compounded reversionary bonus and terminal bonus, they have not been declared by Future Generali Life Insurance.
Max life guaranteed income plan offers a regular monthly payout immediately after the policy terms.
If the death of the Life Insured happens after the Policy Term and during the Extended Life Cover Period, Sum Assured as chosen at inception of the policy shall be payable.
In case of death after the Policy Term but before reaching age 80 years, Sum Assured is paid to your Nominee
In case, if Mr. Mathur dies after the policy term, then he won't get any benefit.
On death of policyholder at any time after policy term: Basic Sum Assured.
LIC Bima Diamond Plan, which is a money back plan with extended risk cover after policy term has been launched...
# Provided the policy is in force, Guaranteed Payouts start after the policy term & depends upon premium payment term & premium band.
The plan provides for a period of 10 years after the Policy Term.
Receive guaranteed income every year after the Policy Term and also receive Additional Benefits along with the last payout.
After the policy term is over, the pension will begin.
It carries with it the benefit of providing a guaranteed return to customers for a period of eight years, after the policy term.
iGuarantee offers guaranteed returns for a period of six years, after the policy term.
The plan provides a Guaranteed Income for a period of 10 years after the Policy Term.
# Provided the policy is in force, Guaranteed Payouts start after the policy term & depends upon premium payment term & premium band.
#Provided the policy is in force, Guaranteed Payouts start after the policy term & depends upon Premium payment Term & premium band.
This is an extended benefit payable after the policy term and the policy will not participate in profits after the policy term.
Immediate Payout After Policy Term - Start enjoying monthly Income Benefit immediately after the Policy Term (starting next year after all Premiums have been paid)
For 7 years policy tenure, assured Returns of 150 % of the annualized premium would be payable every year after the policy term.
For 10 years policy tenure, assured returns of 175 % of the annualized premium for policy tenure would be payable every year after the policy term