Sentences with phrase «annual simple reversionary bonus»

In case the Life Insured survives till the completion of the policy term provided all premiums are duly paid, then 100 % of Sum Assured on Maturity is paid at the completion of policy term along with accrued Non-Guaranteed Annual Simple Reversionary Bonus and Non-Guaranteed Terminal Bonus.

In case of an unfortunate event of death of the Life Insured during the Policy Term, the sum of benefits will be payable to the nominee which is Basic Life Insurance Cover + Accrued Non-Guaranteed Annual Simple Reversionary Bonus + Non-Guaranteed Terminal Bonus accrued till death.

The Company may declare Non-Guaranteed Annual Simple Reversionary Bonus rate at the end of every financial year in accordance with its internal guidelines.

Enjoy accrued non-guaranteed annual simple reversionary bonus and non-guaranteed terminal bonus, if declared by the company.

Non-guaranteed annual simple reversionary bonus gets accrued to the policy at the end of each year provided all due Premiums are paid and is payable at Maturity.

Non-Guaranteed Annual Simple Reversionary Bonus and Non-Guaranteed Terminal Bonus is payable under the policy.

Non-Guaranteed Annual Simple Reversionary bonus gets accrued to the policy at the end of each year provided all due premiums are paid and is payable at Maturity.

Bonuses — Non-guaranteed Annual Simple Reversionary Bonus can be declared by the company and accrued to the policy at the end of each year, if all premiums are paid.

Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid.

The Maturity Benefit is 55 % of the Sum Assured plus the sum of all annual Simple Reversionary Bonuses and Terminal Bonus (if any).

It is a percentage of accrued Non-Guaranteed Annual Simple Reversionary bonuses.

Not exact matches

A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.

Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of 125 % of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid subject to a minimum of 105 % of all premiums paid till the date of death

Under this LIC child plan, in case of death post the deferment period, the Sum Assured on death which is higher of the chosen Sum Assured or 10 times the annual premium, vested simple reversionary bonuses and a Final Additional Bonus, if any, is paid, subject to a minimum of 105 % of all premiums paid till the date of death

On death of the policyholder, higher of the basic SA on Maturity including Simple reversionary bonuses and Terminal Bonus, if any, or 11 times the annual premiums subject to a minimum of 105 % of premiums paid is payable

GSV = GSV Factor * cumulative annual premiums paid including the GSV of Simple Annual Reversionary bannual premiums paid including the GSV of Simple Annual Reversionary bAnnual Reversionary bonuses

This plan offers basic sum assured along with accumulated non-guaranteed simple annual reversionary bonuses plus non-guaranteed terminal bonus to the nominee in case of death of the insured within the tenure of the policy

Bonuses — Any Simple Annual Reversionary Bonuses get accrued to your plan from the end of the first year of the policy and are eligible to be paid upon Maturity, Death or Accidental Total Permanent Disability

Base Sum Assured along with the vested Simple Reversionary Bonuses shall be used to provide an annual income benefit at the end of every subsequent policy year after the premium payment term, i.e. (Base Sum Assured + vested Simple Reversionary Bonus) x Income Benefit Factor

In case the insured dies post deferment period, the sum assured that is the higher of chosen sum assured or 10 times the annual premium, vested simple reversionary bonuses and final addition bonus, if any shall be paid, subject to a minimum of 105 % of all premiums paid till the date of death

Pure Income Benefit Option: If the life insured survives during the benefit payout period (starts immediately after completion of the premium payment term till maturity of the policy), he / she will receive Annual Guaranteed Income, Special Additional Bonus, & Simple Reversionary Bonus.

A non-guaranteed simple annual reversionary bonus gets accrued to the Policy from the end of 1st Policy year and will get paid out on Maturity or on death.

A non-guaranteed simple annual reversionary bonus gets accrued to the policy from the end of 1st Policy year and will get paid out on Maturity or on death.

Non Guaranteed Simple Annual Reversionary Bonuses get accrued to the policy from the end of 1st policy year and get paid out on Maturity or on death.

Potential Upside through Bonuses: Non-Guaranteed Simple Annual Reversionary Bonuses (if any) get accrued to the policy from the end of 1st policy year and get paid out on Maturity, Death or Accidental Total Permanent Disability.