Sentences with phrase «assured lumpsum benefit»

Not exact matches

His life cover is a Sum Assured of Rs. 1 crore and he chooses the lumpsum plus monthly income death benefit payout option.

^ On survival, at the end of the policy term, receive lumpsum benefit as aggregate of: i) Sum Assured of Maturity ii) Accrued Guaranteed Additions.

* Online Premium for Extra Life, Male Life Assured, 25 years of Age, Lumpsum Benefit of Rs. 1 Crore for premium payment term of 40 years, Annual Frequency, Exclusive of Taxes.

All of this with multiple payout options for the death benefit Sum Assured in the form of lumpsum, monthly payouts and combination of the two.

Edelweiss Tokio Life — Group Accidental Death and Dismemberment Benefit Rider provides Rider sum assured in full in lumpsum on death or dismemberment due to accident.

Extra Life Option (Accidental Death Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum benefit is paid as lumpsum along with extra sum assured

Viswanand said, this plan further offers 10 % of the sum assured along with the lumpsum benefit in case of demise of the parent.

Lumpsum + Increasing Monthly Income Benefit: This benefit assures a 10 % of the death benefit at the time of death and the remaining as monthly income over a period of 15Benefit: This benefit assures a 10 % of the death benefit at the time of death and the remaining as monthly income over a period of 15benefit assures a 10 % of the death benefit at the time of death and the remaining as monthly income over a period of 15benefit at the time of death and the remaining as monthly income over a period of 15 years.

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 nominee.

When the policyholder will be diagnosed with either of the 7 critical illnesses, the critical illness benefit shall be paid as a lumpsum and if that amount is less than the base sum assured, the policy will continue with lesser death sum assured.

These plans offer sum part of the sum assured to be taken at the time of death as lumpsum benefits and the remaining as monthly income benefits for a specified period of time to the nominees as per the plan specifications.

1) Lumpsum benefit option: Here the entire sum assured is paid on the death of the life insured and the plan terminates.

Death Benefit Option 2 - 50 % Lumpsum sum assured (paid immediately on acceptance of death Claim) + 50 % sum assured paid out on an annual basis in increasing installments over a period of 10 years.

50 % of Guaranteed Death Benefit payable is payable as lumpsum and an assured monthly income for the next 5 years.

In case of unfortunate death of the life insured, Sum Assured on Death plus Vested Simple Reversionary Bonuses plus Terminal Bonus is payable as a lumpsum death benefit and the policy then terminates.

Under Assure variant, death benefit is payable as a lumpsum and the policy will terminate on death of the life insured.