Sentences with phrase «assured loyalty bonus»

The maturity benefit from the plan is the higher amongst the Fund Value on the date of maturity along with an assured loyalty bonus or 101 % of the total premiums paid.

Not exact matches

For those that have already paid for SwiftKey, the consolation is that the company assures their users that they will not have to pay again for any functionality that they already have — plus they are offering a loyalty bonus featuring a free pack of premium themes to download.

Despite the sum assured, one can possibly get the loyalty bonus as a single payout made if you stick to the insurer.

Thus, if the Life Insured survives till the age of 100 years, then the entire Sum Assured + Loyalty Bonus is paid out and the policy terminates.

If the policyholder survives till 100 years, then the entire Sum Assured + Loyalty Bonus is paid out and the policy terminates.

On death of the insured during the plan tenure, higher of the Guaranteed Maturity Benefit or the Sum Assured along with the Guaranteed Loyalty Additions, vested bonuses, interim bonus and any Terminal Bonus isbonus and any Terminal Bonus isBonus is paid

Bonus, guaranteed additions and loyalty additions are usually added to the Sum Assured in case of maturity or death.

Loyalty Additions & Guaranteed Additions (GA): Again both are 2 different types of bonus which is also calculated as per 1000 of sum assured value.

Plan: Jeevan Saral Sum Assured: 5,00,0000 date of Commencement: 26/12/2009 Policy Term: 21 Yrs Premium Amount: 24,020 Scenario - 1: I have paid premium for 7 years now, will I get my maturity amount along with Loyalty Bonus if I surrender my policy now or is that I get loyalty bonus only after premium payment for 10 years, If So If I am Surrendering my policy this year, How much will I get as Maturity Amount, Appreciate if you can calculate and let me know the exact figure Scenario - 2: If I Paid up my Policy instead of Surrendering, How much will be the insurance Coverage or Sum Assured, In paid up I think I will not get my money back but would like to know by how much amount will my insurance coverage gets reduced from 5Loyalty Bonus if I surrender my policy now or is that I get loyalty bonus only after premium payment for 10 years, If So If I am Surrendering my policy this year, How much will I get as Maturity Amount, Appreciate if you can calculate and let me know the exact figure Scenario - 2: If I Paid up my Policy instead of Surrendering, How much will be the insurance Coverage or Sum Assured, In paid up I think I will not get my money back but would like to know by how much amount will my insurance coverage gets reduced from 5 lBonus if I surrender my policy now or is that I get loyalty bonus only after premium payment for 10 years, If So If I am Surrendering my policy this year, How much will I get as Maturity Amount, Appreciate if you can calculate and let me know the exact figure Scenario - 2: If I Paid up my Policy instead of Surrendering, How much will be the insurance Coverage or Sum Assured, In paid up I think I will not get my money back but would like to know by how much amount will my insurance coverage gets reduced from 5loyalty bonus only after premium payment for 10 years, If So If I am Surrendering my policy this year, How much will I get as Maturity Amount, Appreciate if you can calculate and let me know the exact figure Scenario - 2: If I Paid up my Policy instead of Surrendering, How much will be the insurance Coverage or Sum Assured, In paid up I think I will not get my money back but would like to know by how much amount will my insurance coverage gets reduced from 5 lbonus only after premium payment for 10 years, If So If I am Surrendering my policy this year, How much will I get as Maturity Amount, Appreciate if you can calculate and let me know the exact figure Scenario - 2: If I Paid up my Policy instead of Surrendering, How much will be the insurance Coverage or Sum Assured, In paid up I think I will not get my money back but would like to know by how much amount will my insurance coverage gets reduced from 5 lakhs?

The Maturity benefit is calculated as follows: Maturity Benefit = Sum Assured on maturity + Loyalty Bonus Here the Sum Assured on maturity is nothing but Basic Sum Assured.

In the event of death of the life insured during the policy term, provided all due premiums are paid, the death benefit payable is sum assured on death plus guaranteed loyalty additions plus vested bonus plus interim bonus plus terminal bonus.

Additional features - You should also check if the plan has additional features like withdrawal facility at important milestone of your child's life, assured bonus and loyalty additions.