Sentences with phrase «along with the death benefit»

In this case, the sum assured of accidental benefit is also paid along with death benefit in a lump sum.
It offers profits to the policyholder in the form of loyalty benefits, which are terminal bonuses payable along with death benefit or maturity benefit.
The upside to this is that sum assured of the accident benefit will also be payable as a lump sum along with the death benefit.
If death occurs due to a critical illness listed out in the policy, the nominee is paid an additional amount of money along with the death benefit.
Unlike term life whole life provides an element of investment along with the death benefit.
This permanent life insurance policy is for investment - minded individuals looking for potential cash value gains along with death benefit coverage.
A cash value policy is a permanent life insurance policy that builds a cash reserve along with a death benefit.
All other policies comes with an investment part along with death benefit resulting higher premium.
And that rate of return increases over time along with your death benefit.
These types of policies guarantee that the premium remains level along with the death benefit.
In case your unfortunate death is caused by an accident, this rider guarantees to pay your family an additional sum along with the death benefit.
In case of accidental death during the policy term, Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan
Any charges recovered subsequent to the date of death shall be paid back to the nominee or beneficiary along with Death Benefit.
In case of accidental death of either of the insured's, 50 % of sum assured is payable to the surviving life along with the death benefit restricted upt0 100 lacs.
Endowment plans offer you guaranteed returns upfront along with death benefit.
In case of accidental death, the Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan.
An endowment plan is one that gives you assured returns on maturity along with death benefit in the event of your untimely demise.
A «Term Life Policy» will pay death benefits only, but if you get a «Permanent» Life Policy», there is also the cash value accumulation along with the death benefits that is also available to the surviving partners and / or heirs.
The Guarantee Builder IUL plan offers long - term guarantees, along with death benefit protection for loved ones and survivors.
If, however, you are looking for a policy that will provide various living benefits like the ones previously mentioned along with a death benefit, then you should consider a Universal Life product that not only provides many living benefits but is also flexible enough to accommodate the financial changes in your lifetime.
In that case, the aggregate of the monthly incomes payable discounted @ 5 % per annum would be payable along with the death benefit which is 12 times the monthly incomes in the year of death.
Any charges that are recovered subsequent to the date of death will be paid back to the nominee along with the Death Benefit.
Along with the death benefit offered to group members during the tenure of the policy, the plan also offers many more additional benefits like:
Endowment plans do provide guaranteed maturity benefit along with death benefit.
To ensure their financial protection Tata AIA offers term plan with return of premium which is TATA AIA Life iRaksha TROP which is an online term plan that ensures the return of premium in case the insured survives the policy term along with the death benefit.
In this case, an Extra Life Sum Assured is paid along with the death benefit upon death of Life Assured due to accident.
Rahul's nominee will receive an additional sum assured of Rs 5 Lacs along with the death benefit as the accidental death benefit rider benefit is inbuilt in the plan.
Any charges recovered subsequent to the date of death will be paid back to the nominee or beneficiary along with Death Benefit.
Vested guaranteed additions, reversionary bonuses, interim bonus and any Terminal Bonus are also paid along with the death benefit.
Also any outstanding annuity installments till date of death shall be payable along with Death Benefit.
In case of accidental death during the policy term, Accident Benefit Sum assured will be payable as lump sum along with the death benefit under the basic plan.
Transamerica offers a very special line of life insurance products that have excellent benefits for the living along with the death benefits that would be contained in conventional life insurance.
Endowment plans like Edelweiss Tokio Life — Wealth Builder offers you guaranteed returns upfront along with death benefit.
In case of accidental death, the Accident Benefit Sum Assured will be payable as lump sum along with the death benefit under the basic plan.
Along with the death benefit and cash elements, the insured has the option to participate in investment vehicles like stocks.
It is a good option for people who want that their life policies to make money for them along with the death benefit.
Along with the death benefit and maturity benefit the plan provides terminal bonus (if any) and simple reversionary bonus.
Some investment - cum - saving plans are ULIPs, endowment policy and money back plans — along with death benefits, such plans also provide periodic returns that serve as a financial buffer during a crisis or to finance key life events (marriage, education, etc.)
Along with the death benefits, permanent life insurance policies also include a cash value accumulation component which can be considered as an asset.
Along with a death benefit, policyholders get a fixed contract with no direct investment in the market.
The plan offers superior life protection as it includes death due to an accident in which case an additional Basic Sum Assured is paid along with the Death Benefit.
Along with the Death Benefit that is paid to the nominee, the policy offers an additional benefit in the form of a Maturity Benefit for policyholders who survive until the end of the policy term.
Additionally, BSLI will refund the premiums collected after the date of accident till the date of death with interest as informed by them along with death benefit payable.
You are buying coverage for life, along with a death benefit but with an additional investment component that is — just like the name implies — non-guaranteed.
Any charges recovered subsequent to the date of death shall be paid back to nominee or beneficiary along with Death Benefit.
With level term life insurance, the policy premiums remain level throughout the entire term of the policy, along with the death benefits.
If you can afford to pay a higher premium for your entire life, a whole life policy is the one for you as it also brings with it a cash value along with the death benefits.
In the event of death of the life insured due to an accident, an additional Basic Sum Assured is paid along with the Death Benefit.
In the case of linked product regulations, Irda clarified when in the event of a death due to suicide within 12 months from the date of inception or revival of the policy, any charges recovered after the date of death would be paid back to the nominee, along with the death benefit.
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