Sentences with phrase «as a lump sum amount»

With insurance plans that offer cover for such illnesses, a certain percentage of the total sum assured is paid as a lump sum amount upon diagnosis.

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.

Offers additional financial security as well as 100 % of the sum assured as a lump sum amount in case of accidental death.

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

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

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

Building equity in a home is realized as a lump sum amount when the home is sold but before that time it can also be used to take out a loan.

The answer to the question of «who does better» completely changes when these same investors instead invest all their money in the beginning of the time period as lump sum amounts.

The benefits are paid as lump sum amount which remains constant throughout the policy period.

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

A unit - linked, retirement solution which offers you an option to get part of your fund value as a lump sum amount at your chosen retirement age and rest of the fund value as an annuity for regular inc...

Commuting the maturity proceeds as a lump sum amount to the extent allowed under Income Tax act and balance amount to be utilised to purchase an immediate annuity from Future Generali India Life Insurance Co. Ltd. (FGILICL), which shall be guaranteed for life, at the then prevailing annuity rate.

Similarly, if the insured has a Rs. 5 lakh plan and is diagnosed with a specified critical illness, then he or she is entitled to receive an amount of Rs. 5 lakh as a lump sum

The nominee receives 10 % of the Sum Assured on the death of the life insured as a lump sum amount.

In case of cancer diagnosis after proper diagnostic investigation or treatment by a qualified medical practitioner or surgeon, the insured is paid 50 % of the sum insured or Rs. 2.5 lakh, whichever is less as a lump sum amount on acceptance of claim under the policy.

** Policy holders above age 45 years at start of policy have an option to select 7 times the annualized premium as the lump sum amount.

Under this option, a guaranteed income as lump sum amount is paid to you once in a year.

With the flexibility to receive this income annually or monthly or even as a lump sum amount, policyholders find that they are spoilt for choice when it comes to managing their finances for their future needs.

The Maturity Benefit can also be received as a lump sum amount at the Maturity Date.

In the case of accidental death during the term of the policy, Accidental Benefit Sum Assured will be paid as a lump sum amount along with the benefit of death under the basic plan.

A premium waiver benefit offers such an offering where the insurer pays for the premium costs if the policyholder expires during policy tenure and also pays out a death cover as a lump sum amount to the child on maturity.

Pension plans help you to achieve this objective by providing you with a fixed annuity throughout your life as well as lump sum amounts that can be availed immediately post retirement or at a later date.

His wife (nominee) opts to take the entire proceeds of the Policy as lump sum amount.

In this case your family will receive 50 % of the GDB amount along with the accumulated bonus as a lump sum amount.

The Death Benefit payable is: Lump Sum Benefit: The higher of Sum Assured (including Top - up Sum Assured) or Minimum Death Benefit is payable as a lump sum amount.

The Policyholder / Nominee / Legal Heir can take all due future Monthly payouts as a lump sum amount.

Life Cover: If the policyholder dies during the policy term, the death benefits shall be paid to the nominee as a lump sum amount and future premium will be paid off and shall be paid by the company itself.

A unit - linked, retirement solution which offers you an option to get part of your fund value as a lump sum amount at your chosen retirement age and rest of the fund value as an annuity for regular income post retirement.

The Death Benefit is equal to the Sum Assured and paid as a lump sum amount.

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

Commuting the proceeds as a lump sum amount to the extent allowed under Income Tax act and utilizing the remaining amount to purchase an Immediate Annuity (guaranteed for life) from Future Generali India Life Insurance Co. Ltd. at the then prevailing annuity rate

This retirement solution offers you an option to receive a part of your fund value as lump sum amount at your chosen vesting age and the remaining fund value can be invested to purchase an annuity for regular income after your retirement.

Lump sum: The entire death benefit will be paid out as a lump sum amount to secure your family's financial future.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paid.

Investors can invest according to their own choice either as lump sum amount or can choose the systematic investment plan (SIP).

Additionally, 20 % of the sum insured or the index sum insured (whichever is payable) will be paid as a lump sum amount to the insured.

You can invest anything from Rs. 500 to Rs. 1.5 lakh (maximum) as installment or as a lump sum amount.

For a major stage cancer diagnosis, the entire sum insured or the indexed sum insured (whichever is applicable) will be paid as a lump sum amount, less any amount already paid up during the early stage diagnosis.

You can direct the insurance company to pay the death benefit (sum assured) as a lump sum amount or you can direct them to make a fixed monthly payment to your nominees.

If on the hand a policyholder opts for an installment option, then the 50 % of the sum assured is paid as a lump sum amount and the rest is paid in 5 equal annual installments.

In case, any of the mentioned Critical Illness occurs, the Benefit is paid to you as a Lump sum amount, as selected during the inception, heedless of the death benefit payout option you choose, subject to the policy being in function and the payment is made for all the due payments.

Some companies pay the sum assured (life cover amount) as lump sum amount to the surviving partner and the policy terminates.

In a lump sum term insurance plan, the nominee receives the sum assured as a lump sum amount, that is, the total payout of sum assured at once and the policy terminates.

o Option A: - Base: In the event of insured's unfortunate demise, the base sum Assured (less terminal illness benefit already paid) is payable to the nominee as a lump sum amount.

In the event of insured's unfortunate demise, the base sum Assured (less terminal illness benefit already paid) is payable to the nominee as a lump sum amount.

The Commuted Value is calculated by using a discount rate of 5.7 % per annum from the date of receipt of the request for opting commutation and it is paid as a lump sum amount to the policyholder or nominee.

Lump sum: The entire death benefit will be paid out as a lump sum amount to secure your family's financial future.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paid.