Sentences with phrase «assured on completion»
In case, of a term insurance plan, the policyholder only receives death benefit i.e. in the event the person survives the policy term, the person will not receive the sum assured on completion of the policy term.
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One, your child will receive 20 % of the sum assured on the completion of 18 years, 20 years and 22 years.
Not exact matches
Israel, composed largely of Jewish American minor leaguers and former major leaguers, will next face Brazil on Friday in a game scheduled for noon, a starting time that assures completion before sunset and the Jewish Sabbath.
Ondo State governor, Dr Olusegun Mimiko, on Saturday, assured the people of the state of the completion of the ongoing projects across the state.
«From my experience with Micrologic Global Services, you can be rest assured to receive a professional service that measures up to a high standard on their quality of work and fast as well as courteous communication that keeps you updated at all times from the start to the completion of the project.
Survival Benefit — 10 % of the chosen base sum assured is paid out on the completion of the 5th policy year up to 9th policy year.
Conquering the King's Fall raid on Hard Mode, at the 11th hour with Bender and an awesome group of Destiny strangers, to assure completion of my Moments of Triumph Year 2 Record Book is a gaming memory I won't soon forget.
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This LIC child plan policy will vest in the name of the child who is the life assured and will then become the policyholder on the policy anniversary following the completion of 18 years of age
On completion of the term of this Kotak Life pension plan, the vesting benefit is payable which is the Sum Assured plus the accrued reversionary bonuses and accrued guaranteed additions subject to a minimum of 105 % of the sum of premiums paid
If the policyholder survives till the completion of the Premium Paying Term, the Sum Assured on Maturity is paid and in case of death during this period, the Sum Assured on death which is higher of the Sum Assured on maturity or 11 times the annual premium is paid with the accrued reversionary bonuses.
Under this LIC child plan, the policy will vest in the name of the child who is the life assured and will then become the policyholder on the policy anniversary following the completion of 18 years of age
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However the partial withdrawal value is payable only after the completion of five years from the date of payment of each top up or on attainment of age 18 by the life assured whichever is later The maximum partial withdrawal amount under top up should not exceed 20 % of the fund value at the time of withdrawal.
On completion of Policy term, maturity will be Sum Assured + Bonus accumulated during policy term.
The policy will vest in the name of the Life Assured on the policy anniversary following the completion of 18 years of age.
Policy Termination or Surrender Benefit: On completion of 3 years with Save Assure plan, a surrender value gets enabled.
Survival Benefit: On the Life Assured surviving the policy anniversary after the completion of ages 18 years, 20 years and 22 years, with 20 % of the Basic Sum Assured on each occasion shall be payablOn the Life Assured surviving the policy anniversary after the completion of ages 18 years, 20 years and 22 years, with 20 % of the Basic Sum Assured on each occasion shall be payablon each occasion shall be payable.
Regular Guaranteed Income is paid after the completion of the Premium Paying Tenure till the end of the term @ 11 % - 13 % of the Sum Assured depending on the premium amount paid and the premium paying term chosen.
On successful completion of the term policy while the assured is alive i.e. when all the due premiums have been paid, Sum Assured on Maturity along with Loyalty Addition is paiOn successful completion of the term policy while the assured is alive i.e. when all the due premiums have been paid, Sum Assured on Maturity along with Loyalty Addition iassured is alive i.e. when all the due premiums have been paid, Sum Assured on Maturity along with Loyalty Addition iAssured on Maturity along with Loyalty Addition is paion Maturity along with Loyalty Addition is paid.
On the successful completion of the term policy i.e. when all the due premiums have been paid, Sum Assured on Maturity along with vested reversionary bonuses and final additional bonus is paiOn the successful completion of the term policy i.e. when all the due premiums have been paid, Sum Assured on Maturity along with vested reversionary bonuses and final additional bonus is paion Maturity along with vested reversionary bonuses and final additional bonus is paid.
On death after completion of five policy years but before the date of maturity: «Sum Assured on Death» and Loyalty Addition, if any, is paiOn death after completion of five policy years but before the date of maturity: «Sum Assured on Death» and Loyalty Addition, if any, is paion Death» and Loyalty Addition, if any, is paid.
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20 % of the basic sum assured is payable on each of coinciding with or on completion of 18, 20 & 22 years of age.
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On survival of the life insured till completion of the premium payment term, 10 % of Sum Assured at the end of every year after the Premium Payment Term over a period of 9 years.
Survival benefit as 5 % / 10 % / 15 % of the sum assured every year for 5 years, on survival, of the life insured on coinciding or completion of 20 years of age and subsequently on each of the next 4 policy anniversaries.
Maturity benefit is payable on the survival of the Life Assured till the completion of the policy term.
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Death Benefit: In case of death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).
In the event of demise / death after the completion of five years but before maturity: Sum Assured on Death + Accrued Guaranteed Additions + Loyalty Addition, if any.
In case of death of the life assured after the date of surrender but before the completion of 3 years from the date of commencement of policy the monetary value payable on completion of 3 years shall be payable to the nominee / legal heir immediately on death.
a) Death Benefit: In case of death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).
Life Insurance Corporation of India is going to launch its new plan Jeevan Umang (Table No: 845) is a non-linked whole life assurance plan which provides fixed yearly amount (8 % of Sum Assured / Year) after completion of premium payment up to 100 year of age and on maturity lump sum amount on maturity (completion of 100 years) or death.
On survival of the life assured till completion of the premium paying term, Guaranteed Cash Benefit as 1 % & 11.5 % of Guaranteed Maturity Benefit for monthly & Annually cash benefit mode, respectively.
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If the life insured survives till completion of the policy term, the guaranteed maturity benefit equal to Sum Assured on Maturity plus Guaranteed Additions plus Loyalty Benefit.
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On completion of the policy term, a lump sum benefit of 104 % to 110 % of the basic sum assured is payable and this payout depends on age at entrOn completion of the policy term, a lump sum benefit of 104 % to 110 % of the basic sum assured is payable and this payout depends on age at entron age at entry.
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