Sentences with phrase «assured during the term of the plan»

Not exact matches

Top up for Star Union D I Elite Assure and IndiaFirst Employee Benefit Plan premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Shriram Life Secure Plus Plan and Smart Wealth Assure premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Bajaj Allianz Save Assure and IndiaFirst Employee Benefit Plan premiums, is an extra amount of money that you can pay at any time during the policy term.

In case of death of the insured during the term of the plan, the Sum Assured is paid subject to a minimum of 105 % of the total premiums paid till death

If the life insured dies during the term of this LIC online term plan chosen by him at the starting of the plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy

When the insured person who is the parent faces death within the term of the SBI child plan, the Sum Assured is paid to his nominee which should not be lower than 105 % of the premiums paid during his lifetime.

Availed with the LIC online term plan, the rider promises double the amount of the Sum Assured paid to the nominee in case the policyholder dies during the chosen tenure of this LIC term plan.

On death during plan term, the Sum Assured on death is payable and it is higher of Sum Assured, 105 % of total premiums paid up to death or the maturity Sum Assured

On death of the insured during the term of the plan, higher of the Sum Assured or 10 times the annual premium is paid along with vested reversionary bonuses and terminal bonus, if any subject to a minimum of 105 % of all premiums paid till death

The rider benefit promises to pay an extra amount which is the rider Sum Assured in case the insured dies during the term of the LIC term plan.

Under this Max Life term plan, in case of death during the chosen tenure, the death benefit is paid which is equal to the Sum Assured

Under this Max Life term plan, in case of death of the life insured during the term of the plan, the Sum Assured is immediately paid to the nominee.

In case of death of the life insured during the term of this Max Life term plan, the Sum Assured chosen at the inception of the Max Life term plan is paid to the nominee

This plan offers guaranteed addition of 5 % of the sum assured to the customer's savings every year, during the premium payment term.

During the term of the plan the insured receives fixed amount of the sum assured on regular intervals, these amount are tax exempted.

Top up for HDFC Assured Pension and Classic Plan 2 premiums, is an extra amount of money that you can pay at any time during the policy term.

If the plan buyer dies during the term of the plan, then the rider sum assured is paid to the nominee.

Option 1 — if Ram dies during the term of the plan, 15 % of the Sum Assured is paid in lump sum to the nominee.

Especially when it is a pure protection plan like TERM INSURANCE offering higher sum assured at a nominal cost and where the insurance company has to pay a death benefit in case of insured dies during the term of a polTERM INSURANCE offering higher sum assured at a nominal cost and where the insurance company has to pay a death benefit in case of insured dies during the term of a polterm of a policy.

As the name suggests, the plan pays you back a fixed percentage of the basic sum assured say 15 - 20 % called Survival Benefits at certain policy milestones say 5th, 10th, 15th year during a policy term of 15 years.

On death during the term of plan, the Sum Assured applicable in the year of death is paid to the nominee.

If Mohan dies anytime during the term of the plan, the available Sum Assured (post reduction) would be paid.

Under the single life option of the plan, the Sum Assured is paid to the nominee in case of death of the policyholder during the term of the plan

In Future Generali Education Plan, the beneficiary will receive 5 % of the sum assured, each year during the policy term.

Level Term Assurance — the chosen Sum Assured remains the same throughout the tenure of the SBI term insurance plan and on death of the life insured during the term, the Sum Assured is paid to the nomTerm Assurance — the chosen Sum Assured remains the same throughout the tenure of the SBI term insurance plan and on death of the life insured during the term, the Sum Assured is paid to the nomterm insurance plan and on death of the life insured during the term, the Sum Assured is paid to the nomterm, the Sum Assured is paid to the nominee

Increasing Term Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nomTerm Assurance — an option under which the Sum Assured chosen at the time of inception of the SBI term insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nomterm insurance policy increases every year @ 5 % and on death of the insured during the SBI term insurance plan tenure, the Sum Assured as on the date of death is paid to the nomterm insurance plan tenure, the Sum Assured as on the date of death is paid to the nominee

One of the advantages offered by this rider is that in the case of death of the insured during the term of the policy, an additional amount equivalent to the sum assured of the term assurance rider is liable to be paid to the policyholder as long as the applicability of the coverage of the plan rider is there.

Level Cover — the chosen Sum Assured remains the same throughout the tenure of the SBI Life eShield plan and on death of the life insured during the term, the Sum Assured is paid to the nominee

Technically, term plans can be described as a contract between the person insured and the insurance company wherein the company agrees to payout the lump - sum amount, referred to as the Sum Assured if the policy holder expires during the term of the plan.

A sum assured amount is paid to the children in the case of unfortunate demise of insurer during the term of the plan.

On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.

Under this plan, if the life assured is deceased during the term of the policy, the life insurance cover double folds itself.

In case the policyholder survives the policy term, sum assured amount and additional bonuses accumulated during the term are also paid further highlighting the benefits of endowment plans

Under Option A which is Life Protection, the nominee gets the Sum Assured in case of pre-mature death of the insured during the term of the plan.

Decreasing Term Assurance (Family Income Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nomTerm Assurance (Family Income Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nomterm insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nominee

In case of death of the life insured during the term of the plan, the calculated Sum Assured will be paid to the nominee

Option 1 — if Krishna dies during the plan term, higher of the guaranteed maturity Sum Assured or 11 times the annual premium or 105 % of premiums paid is paid as guaranteed death benefit.

Life Option: This is an online term plan option under Click 2 Protect 3D Plus, wherein if the life assured dies during the policy term or he / she is diagnosed with any of the mentioned Terminal Illness, the nominee receives the death benefit.

Death Benefit: In a situation where policyholder dies during the term of the plan, the nominee shall be paid the higher of sum assured or fund value or 105 % of all premiums paid till the date of the death

A pre-specified amount is paid if the policyholder dies during the term of the plan, called the «Sum assured» A term insurance plan differs from a traditional Life Insurance Policy in the way that no Maturity Benefit is provided if the policyholder outlives the term of the policy.

Option 3 — in case of Mr. Sharma's death during the plan term, higher of the Sum Assured on Maturity, 105 % of premiums paid till death, 10 times the annual premium or absolute amount assured payable on death is paid to the nAssured on Maturity, 105 % of premiums paid till death, 10 times the annual premium or absolute amount assured payable on death is paid to the nassured payable on death is paid to the nominee.

Return of Premium Option: If the policyholder survives till the end of the policy term, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nomiterm, he will receive the total premiums paid under this plan option.In case of life assured's death or being diagnosed with any of the Terminal Illness during the Policy Term a Lumpsum benefit will be paid to the nomiTerm a Lumpsum benefit will be paid to the nominee.

In case the policyholder dies during the term of the plan, the policy continues, the nominee / beneficiary doesn't have to pay any further premiums and at the time of maturity, the sum assured and other benefits as promised in the insurance policy are paid to the child.

InvestoBite Replied: 28-08-2017 10:39:16 In your case, 750000 is death sum assured which is minimum guaranteed amount to be paid in case of death during policy term and it 250 times of monthly premium for all ages (up to 49), while maturity sum assured of this particular plan depends premium, term and age.

Top up for Classic Assure Plus and Guaranteed Savings Plan premiums, is an extra amount of money that you can pay at any time during the policy term.

Life Cover: If the policyholder dies during the term of the plan, the sum assured shall be paid to the nominee and death pay - out shall be paid as per pre-decided option.

Top up for BSLI Income Assured and Assured Education Plan premiums, is an extra amount of money that you can pay at any time during the policy term.

Life Cover: If the policyholder dies during the term of the plan, the nominee shall be paid the sum assured on a lumpsum basis at one go

For instance, if you take a term plan with a Sum Assured of Rs. 1 crore for a term of 30 years and God forbid if you meet with an untimely demise during this tenure, your family will receive this amount as a lumpsum or regular monthly income, as the option selected by you.

The nominee / beneficiary receives the sum assured, if the insured passes away during the tenure of the term plan.