Sentences with phrase «as a lump sum along»

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.

The accrued Non-Guaranteed Annual Reversionar y bonuses and Non-Guaranteed Terminal bonus are paid out on death as a lump sum along with the first monthly income Instalment.

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.

Not exact matches

Designed as a downloadable Excel spreadsheet (no macros), this calculator lets you input your household budget (add up all your cable, phone, food, etc. costs and input as one lump sum) along with property taxes, water, heat, condo and other fees.

Whether you're choosing between selling your home and getting a second mortgage or taking a pension as a lump sum, Quinn finds a way for you to stretch your retirement fund and invest along the way.

There is a guaranteed sum assured along with bonuses which would be given in lump sum as the death benefit to your nominees.

Pension plans act as a tool to invest regularly during your work life span and returns you your investment in lump sum at your retirement along with annuity income which is provided in regular intervals.

Death benefit: In case of the death of the policyholder, the family of the of policyholder receives a lump sum amount as long as the policy term continues, which is 250 times the premium paid on monthly basis along with the loyalty additions.

In the unfortunate event of death of the policyholder or parent invested in a child plan, future premiums are waived off while the child receives a lump sum beneficiary amount as life cover along with maturity cover benefits at the end of policy tenure.

Any life insurance plan that has a saving component along with a lump sum benefit is called as an endowment plan.

In the event of the policyholder's death, the sum assured is immediately payable to policyholders» nominee or legal heir as a lump sum, along with the bonuses.

The non-guaranteed vested simple Reversionary Bonus along with Terminal Bonus (if any), shall be payable as lump sum immediately on Death of Life Insured.

Under this option, the benefit is payable as a single lump sum on the date of maturity along with the guaranteed addition of 5 % of Sum Assured.

On survival of the life assured till maturity of the policy, Sum Assured on Maturity along with vested simple reversionary bonuses and final additional bonus is payable as a lump sum, provided the policy is in - force.

Higher of sum assured along with non guaranteed simple reversionary bonuses and non guaranteed terminal bonus paid as a lump sum or 105 % of all premiums paid

Death after first five policy years: Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested simple Bonuses and final additional bonus, if any, shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee / legal heir at the then prevailing immediate annuity rates.