After the death of the contributor, his surviving spouse or common - law partner is eligible to receive 60 percent of the pension
amount till her death.
Not exact matches
Life insurance policy is a contract between the insurers or insurance provider wherein a lump sum
amount is promised as a
death benefit to the beneficiary in the event of the policyholder's
death, provided the policy was active and the premiums were paid
till the insured's
death.
The
amount of annuity will be paid for his lifetime and after his
death till the lifetime of his spouse
The
death benefit payable will be the
amount higher of the Sum Assured or 10 times the annual premium or 105 % of total premiums paid
till the date of
death for regular premium payment option and higher of Sum Assured or 125 % of the Single Premium paid under the Single Premium payment option.
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
A lump sum
amount is paid on
death of the insured and thereafter an increasing monthly payout is paid for 5 years or
till age 60 years whichever is later.
Death Benefit - In case of unfortunate death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till de
Death Benefit - In case of unfortunate
death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the death benefit as the sum assured amount, which is 105 % of the total premium paid till de
death of the policyholder during the tenure of the policy, the beneficiary of the policy receives the
death benefit as the sum assured amount, which is 105 % of the total premium paid till de
death benefit as the sum assured
amount, which is 105 % of the total premium paid
till demise.
If the insured person dies during the tenure of the policy, then the
death benefit is paid to the nominee of the policy i.e. the child as the sum assured
amount, which is 105 % of the total premium paid
till demise.
In case of «Whole Life Plan'the policy holder is obliged to pay a fixed
amount of premium on a regular basis
till the term of the policy, failing which will cease the
death benefit payable under the policy.
A whole life is a policy you pay
till death of the policy holder and term life is a policy for a fixed
amount of time.
In case of
death, the nominee will get a higher fund value of the policy or 105 % of the premium
amount paid
till the
death of the policyholder.
Should you pass away in the first or second year of your policy, your beneficiaries will receive the
amount you have paid in premiums
till your
death, less fees and expenses.
LIC agent has approached me for new endowment plan for 16 years, sum assured Rs. 9,00,000, premium is Rs. 60,000 pa, maturity benefits is Rs. 21,24,187 after maturity if I opt for pension plan Rs. 16,197 pm
till the
death of policy holder at his
death maturity benefit
amount will be paid to nominee.
Family Income Benefit (FIB)-- An
amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of
Death of the Life Insured
till the end of the Policy Term, but not exceeding 10 such installmentsa
If the life assured commits suicide within 12 months from the date of revival of policy, the policy shall terminate and an
amount which is higher of 80 % of premiums paid
till date of
death will be payable.
On
death of the insured, an
amount in lump sum is paid to the nominee post which, a monthly
amount is paid for 5 years or
till 60 years whichever is later.
On
death of the insured, a lump sum
amount is paid to the nominee post that, a monthly
amount is paid for 5 years or
till 60 years whichever is later.
The
death benefit which is payable under this HDFC pension plan will be the
amount which will be higher among the fund value on the date of
death or 105 % of premiums paid
till death
The life insured dies before the age of 60 years, the sum assured will be higher of the sum assured
amount and the total fund value
till date (having deducted all the withdrawals made within two years before
death).
In case of
death of the insured during the tenure of the plan, the Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid till the date of d
death of the insured during the tenure of the plan, the
Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum amount of 105 % of all premiums paid till the date of d
Death Sum Assured which is higher of 10 or 7 times the annual premium depending on the age of the insured or the basic Sum Assured multiplied by the Guaranteed Maturity Factor is paid to the nominee subject to a minimum
amount of 105 % of all premiums paid
till the date of
deathdeath.
Death Benefits: If the insured dies before the maturity, then the nominee gets the sum assured on death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Addi
Death Benefits: If the insured dies before the maturity, then the nominee gets the sum assured on
death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Addi
death subject to a minimum of 105 % of the total premium
amounts paid
till death + accrued Fixed Regular Addi
death + accrued Fixed Regular Additions
● If the policyholder commits suicide within 12 months of the revival plan, then the Corporation will only pay an
amount higher than 80 % premium paid
till date of
death and survival value which will be excluded from any service taxes and extra premium paid
till date.
On
death during the policy term higher of 10 times the annual premium or 125 % of annual premiums paid
till death or lumps sum
amount payable on maturity
In case of your
death during the policy term, the increased monthly
amount corresponding to the policy year of
death will start getting paid to your nominee and this
amount will still continue to increase every year for the period
till you would have attained 60 years of age or for 120 months from date of
death, whichever is higher.
Option 3 — in case of Mr. Sharma's
death during the plan term, higher of the Sum Assured on Maturity, 105 % of premiums paid
till death, 10 times the annual premium or absolute
amount assured payable on
death is paid to the nominee.
In case of
death during the policy term, Jeevan's nominee will receive a fixed
amount every month, similar to Jeevan's monthly Income, for a period
till Jeevan would have attained 60 years of age or for 120 months from the date of
death, whichever period is higher.
From the date of revival of the policy, your nominee or beneficiary shall be entitled to an
amount which is higher of 80 % of the premiums paid
till the date of
death or the surrender value as available on the date of
death.
In case of unfortunate
death of policy holder during policy term, this plan proivides 10 % of sum assured every year
till maturity and again at competion of policy term maturity
amount is also payable.
Death Sum Assured amount is higher of basic sum assured, maturity sum assured, 105 % of all the premiums paid (till the date of death), or 10 times the annualized premium if life insured is less than 45 years of age (7 times when 45 years & ab
Death Sum Assured
amount is higher of basic sum assured, maturity sum assured, 105 % of all the premiums paid (
till the date of
death), or 10 times the annualized premium if life insured is less than 45 years of age (7 times when 45 years & ab
death), or 10 times the annualized premium if life insured is less than 45 years of age (7 times when 45 years & above).
Higher Of 10 Times Of Annualized Premium, Sum Assured On Maturity, 105 % Of Total Premiums Paid
Till Date Of
Death, Or Any Absolute
Amount Assured To Be Paid On
Death
In case of
death of the life insured, this plan pays 50 % of the
death sum assured as a lump sum and the balance
amount is then paid as equal monthly installments for a period
till the nominated child attains 21 years.
5 % of the Sum Assured is also paid immediately and the same
amount is payable on every
death anniversary
till your child aged 17 years.
In fact, if you do not repay principal even
till maturity /
death, LIC will automatically square off the outstanding loan
amount against maturity /
death benefit and pay the balance to you / your nominee.
Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year
till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity
amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as
death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent
till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.
The main feature of LIC's New plan — Jeevan Umang is it provides annual Survival Benefits from the end of the PPT (Premium Paying Term)
till policy maturity and also pays lump sum
amount at the time of maturity (or) on
death of the policyholder (during the policy tenure).
Hello sir, I am a 25 yr old female.recently I have inquired about the iterm forever plan from aegon life insurance.and they told me the premium
amount is around Rs. 11000 yearly for me if I pay
till death which will cover upto 100 yrs of age.
This bonus
amount is added from the date of commencement of the policy
till death or completion of the policy term, whichever is earlier.
For life insured with the entry age of 5 years and above, the
death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid
till date of
death, or minimum guaranteed sum assured on maturity or absolute
amount assured to be paid on
death.
An
amount equal to the Annualised Premium is paid to the beneficiary at the start of every Policy year from the date of
death till the end of the Policy Term.
An
amount equal to annual payout
amount is payable every year commencing from the policy anniversary immediately after
death,
till the beginning of the Scheduled Annual Payouts.
With the unfortunate demise of the life insured before the vesting date, the
death benefit payable to the nominee is the higher of the Fund Value or 105 % of the total premiums paid
till date.The nominee has the option to take this
amount as annuity from us or to withdraw the proceeds.
Income Benefit - An
amount equal to the Annualized Premium is paid to the beneficiary at the start of every policy year following the date of
death till the end of the Policy Term.
ON
DEATH: In case of death of policy holder during policy term, 10 % of Sum Assured will be provided to nominee every year till one year prior to maturity, and On maturity, 110 % of Sum Assured + Simple Reversionary Bonus + Final Addition Bonus will be payable as maturity am
DEATH: In case of
death of policy holder during policy term, 10 % of Sum Assured will be provided to nominee every year till one year prior to maturity, and On maturity, 110 % of Sum Assured + Simple Reversionary Bonus + Final Addition Bonus will be payable as maturity am
death of policy holder during policy term, 10 % of Sum Assured will be provided to nominee every year
till one year prior to maturity, and On maturity, 110 % of Sum Assured + Simple Reversionary Bonus + Final Addition Bonus will be payable as maturity
amount.
Death benefit amount: Sum assured is higher of: 10 times of annualized premium for age at entry less than 45 years or 7 times annualised premium for age at entry 45 years and above or 105 % of total premium * paid till date of death or 1.25 times or 2 times of Sum Ass
Death benefit
amount: Sum assured is higher of: 10 times of annualized premium for age at entry less than 45 years or 7 times annualised premium for age at entry 45 years and above or 105 % of total premium * paid
till date of
death or 1.25 times or 2 times of Sum Ass
death or 1.25 times or 2 times of Sum Assured.
In case of
death of the any insured member after payment of Terminal Illness Benefit, remaining
amount of the Sum Assured is payable and contract will continue for the 2nd life
till death of 2nd life or expiry of policy term, whichever is earlier.
Maturity benefit
amount: Benefit payable under Endowment Option + Sum Assured on Maturity payable on survival
till age 100 years or
death whichever is earlier.