Sentences with phrase «assured as a lump»

Its actually an additional cover, 1 crore sum assured as lump sum and 40ooo per month for next 10 years, total cover amounting to 1.48 crores.

This online term plan is designed to pay out the entire sum assured as lump - sum on death of the policy holder or on diagnosis of Terminal Illness.

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

The policy offers 100 % sum assured as a lump sum on death of the policyholder in case of life protection.

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

The coverage for the particular disease at various stages (initial, middle, and critical) is provided by offering a sum assured as the lump sum to the patient (i.e. the policyholder).

Accidental Total and Permanent Disability Cover: In case the life assured suffers an accidental total and permanent disability, the insured will receive the sum assured as lump sum.

When you opt for a combination of payout under the income replacement term insurance plan, the nominee receives a part of a sum assured as a lump sum payout at the time of claim, and the rest of the money is paid in monthly installments.

At the time of maturity, you will get the whole sum assured as a lump sum and that maturity time should synchronize with your big future expenditures.

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.

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.

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.

o Death Benefit LumpSum + Increasing Monthly Income Option: 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 increasing monthly installments (@ 12 % per annum at the simple rate of interest) for a period of 10 years.

A child insurance plan offers the death sum assured as a lump sum that caters to your child's immediate needs.

In the event of demise of Mr. Raman during any policy year, the nominee will receive Death Sum Assured as a lump sum is payable.

Immediate Benefit: Base sum assured as a lump sum is payable.

This term plan provides 100 % sum assured as a lump sum plus monthly income as applicable under the plan.

Not exact matches

The company not only pays a lump sum assured at the time of your death, but it also pays back all the premiums you paid as the maturity amount.

After we brought her home at 3 months of age, we took her to 2 different vet's that both assured us that her belly button lump was not something to worry about, as they were able to push it in without any physical resistance or discomfort.

Under the option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in equal monthly instalments for a period till which the policyholder's child attains 21 years of age.

Under the second option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in equal monthly instalments @ 0.58 % of the Sum Assured for 10 years.

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

Under the third option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in increasing monthly instalments increasing at a simple rate of 12 % per annum for 10 years.

The nominee can avail the death benefit in lump sum or choose to receive the monthly Family Income Benefit of 1.5 % of the Sum Assured as and when it accrues, i.e. following the date of death of the insured till the end of the tenure.

In case the insured dies after the completion of first 5 years of the policy, the nominee of the policy receives the basic sum assured + accrued guarantee addition + simple reversionary bonus + final reversionary bonus (if any), which can be paid as a lump - sum or as an annuity, or as a combination of two.

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

For instance, If the sum assured is Rs 5 lakh and the insured suffers an eventuality, death or disability, as the case may be, the beneficiary will be paid out a lump sum of Rs 5 lakh.

Death Benefit - In case of the demise of the insured within the initial 5 years of the policy issued date (i.e. before the vesting date), a basic sum assured plus accrued guaranteed addition in paid to the policy beneficiary either in a lump - sum or as the annuity or as a combination of two.

In the event that something untoward happens to the policyholder, the insurance company pays out a lump sum, referred to as the «sum assured, to the «nominee» specified in the policy.

However, she finds some solace when she receives the lump sum amount of Rs 3,30,076 as death benefit, which is calculated as higher of Sum Assured on Death or 105 % of premiums paid (excluding any extra premium).

As per this option, the policyholder can choose the proportion of death benefit sum assured to be received as lump sum and the rest of the sum assured will be paid as regular incomAs per this option, the policyholder can choose the proportion of death benefit sum assured to be received as lump sum and the rest of the sum assured will be paid as regular incomas lump sum and the rest of the sum assured will be paid as regular incomas regular income.

In case of an untimely demise of the life assured the nominee shall receive the rider benefit as lump sum.

PNB MetLife Mera Term Plan offers four sum assured pay out options to select from either full lump sum payout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnslump sum payout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnslump sum + Regular monthly income, Payout as lump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnslump sum + Increasing Monthly Income and Payout as Lump sum + Regular Monthly Income till your child turnsLump sum + Regular Monthly Income till your child turns 21.

Offers 4 sum assured pay out options to select from either full lump sum payout, payout as lump sum + Regular monthly income, Payout as lump sum + Increasing Monthly.

■ The additional death benefit can be taken as lump sum or as 25 % of basic sum assured paid at the end of the each last four years and family income benefit as 1 % of the basic sum assured at the end of every month following the date of death till the end of the policy term but not less than 36 monthly payments.

Option 4 - «Enhanced sum assured on Death» as lump sum benefit on death and monthly income for next 10 years

For instance, if the life assured is diagnosed as suffering from a cancer of defined severity, a percentage of the policy sum assured, subject to applicable limits, is paid in lump sum.

If you are beset with any of the 7 pre-listed critical illness, you will receive the amount of 10 lacs as a lump sum and the policy will continue as a term policy with a Sum Assured of 40 lacs.

Full lump sum payout: Offers your nominee the basic sum assured in lump sum as specified in the policy schedule in case of an uncertainty.

It simply means, that on the first diagnosis of any of the listed 7 or 35 critical illnesses during the policy term, the critical sum assured is paid as lump sum.

FG Heart & Health Insurance Plan is an Individual / Non - Linked / Non - Participating / Fixed Benefit Health plan which pays lump sum to the life assured on diagnosis or undergoing the surgical procedure of the listed Minor, Moderate or Major stage Critical Illness as per options chosen

This is a plan that provides the nominee with a lump amount as sum assured in case of the death of the insured.

The life assured while buying the plan can opt the death benefit payout either as lump sum payout or installment.

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.

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.

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

Despite the fact that, the sum assured by many of the term plans is paid in a lump sum as a death benefit.

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

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

The policyholder receives a percentage of the sum assured for a specific period of time or as a one - time lump sum payment.