Sentences with phrase «as a lump»

After the premium payment term: The nominee or legal heir will receive the sum assured as a lump sum amount will be paid.

On the first diagnosis of any of the six critical illness, the rider benefit will be paid as a lump sum benefit.

In the majority of cases, a named beneficiary will receive the death benefits as a lump sum payment and these proceeds are not subject to income tax.

Basically, money back plans give small amounts to the life insured at regular intervals instead of paying the entire amount as a lump sum amount at the end of the term.

The death benefit is payable as a lump sum of basic sum assured plus all the bonuses irrespective of all survival benefit paid earlier.

By assessing your needs, a broker will carefully weigh important decisions, such as lump sum payments and fixed versus variable rates, before they are made.

You can also opt for 50 % of the sum assured as a lump sum payout and the remaining sum assured amount is paid annually in increasing installments for 10 years.

You have the option to receive the maturity payout as a lump sum or choose the settlement option.

Whether your points end up a true bonus gift or as worthless as a lump of coal, though, is up to you.

Reverse mortgage proceeds can be taken as a lump sum, as regular monthly payments, or as a line of credit.

It pays out a death benefit, which you may receive as a lump sum payment with no income tax, to use for anything your family needs.

Please suggest three or four funds, I want to invest as a lump sum.

You can also specify whether a beneficiary should receive the life insurance proceeds as a lump sum payment or in monthly payments.

Most of these plans offer a monthly payout option as well as lump sum payout options after a certain interval of months or years.

You have the option to receive the fund value as a lump sum or choose the settlement option for maturity benefit payout.

However, the new fund must commence a death benefit income stream or pay the amount out of super as a lump sum (or a combination of these).

It appears as lumps and can grow for many years if they are not addressed immediately.

Critical illness insurance provides funds as a lump sum when you are diagnosed with an illness that is named in the policy.

Some employers offer retirees and future retirees the option to take their pensions as lump sum payments, but provide no guidance as to what payment option is best for each individual's situation.

In case demise of the life insured during the policy term, the death benefit is payable to the nominee as a lump sum amount.

In case you have enough money lying idle or if you receive a huge amount of money as lump sum, you can opt for one time premium.

Note: The beneficiary has the option to receive the entire or any part of the monthly income as a lump sum.

They often present as a lump in the throat that may indicate they are already present in the lymph nodes.

Under this plan, you need to pay premium as a lump sum only once and enjoy benefits throughout the policy term.

This strategy works best if you have the money available as a lump sum.

The company will pay the sum insured as lump sum on first diagnosis of any one of the critical illnesses mentioned, provided the insured person survives 30 days from the first diagnosis.

It pays out death benefits only but it goes to your chosen beneficiary as a lump sum payment and is usually tax - free.

Note: when comparing permanent plans, always assume that you are transferring the cash value of your current policy as a lump sum to the new policy.

As soon as any lumps, extreme bad breath, change in gum color, excessive drooling and bloody discharge coming out of mouth, consult and visit your veterinarian.

Aside from the obvious value of receiving a large amount of cash as a lump sum, there are some risks with choosing an annuity to receive the death benefit.

You can take the loan as a lump sum, regular income stream, line of credit or a combination of these options.

Of course, you can always withdraw more than the required minimum amount or even withdraw the entire balance as a lump sum.

This money is given as a lump sum after qualifying, and it is often received before five business days.

The remaining 20 % only can be withdrawn as lump sum.

You can receive regular periodic distributions on a schedule that is calculated based on your life expectancy, or you can collect your entire investment as a lump sum.

The federal government counts any cancelled debt as a lump sum of money handed to you to pay off the rest of the debt.

With assured returns, you can plan your purchase as you are well aware of the amount that you would get as lump sum after a certain period.

Life insurance proceeds are not taxable with respect to income tax, so long as the proceeds are paid out entirely as a lump sum, one time, payment.

The withdrawal base is used solely for income calculation and is not accessible as a lump sum value.

For simplicity, let's consider a reverse mortgage obtained as a lump sum amount with a fixed interest rate.

Some of these cats develop enlarged lymph nodes that one can feel as lumps under the skin.

Participants can choose to take distributions as a lump sum, annual installments or as an annuity.

Financial - control criteria include who provides equipment for the worker; how expenses are reimbursed; and whether payment is made as a lump sum, commission, or hourly wage.

The withdrawal phase can be structured as a lump sum payout or a monthly income stream.

For these reasons, it makes sense for the beneficiary to claim the death benefit as soon as possible as a lump sum.

100 - 120 % of premiums paid are returned at the end of the policy term as a lump sum survival benefit.

Most mortgages allow you to pay back a maximum of 20 % of the balance owing per year as a lump sum.

Once a home equity loan has been approved, you are only issued as a lump sum.

They pay back as a lump sum on maturity the sum assured and bonuses declared during the policy period.

The amount can be claimed independent of any other health insurance plan as a lump sum benefit irrespective of the actual bill amount.