Sentences with phrase «assured on death»

Scenario II - Death Payout: In the event of his death during the policy term, Rs 5,04,00 as Sum Assured on Death is payable.

Option A: Whole sum assured on death is payable as lumpsum.

Sum Assured on Death is higher of Basic Sum Assured or 105 % of all the premiums paid or 10 times of annualized premium.

Scenario B: Karan dies during the Term of the Policy In the event of death of Karan after paying 2 annual premiums, the death benefit payable is higher of Sum Assured on Death or 105 % of all premiums paid.

Sum assured on death is equal to 10 times of annual premium.

Then, 1 % of sum assured on death is payable as family income benefit every month over a period of 60 months following the death of the life insured.

Sum Assured on Death is higher of basic sum assured or multiple of annualized premium.

In case of death of the life insured during the term of the policy, the death benefit payable is higher of Sum Assured on Death plus vested simple reversionary bonuses plus terminal bonus or 105 % of the total premiums paid.

For single premium, the death benefit payable is Sum Assured on Death plus Vested Simple Reversionary Bonuses plus Terminal Bonus.

In the event of death of the life insured during the term of the policy, Sum Assured on Death is payable, which is higher of Base Sum Assured or 10 times the annualized premium.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on Death is payable to the nominee.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Simple Reversionary Bonus and Terminal Bonus is payable to the nominee.

If Mr. Raman dies during the policy term, his nominee will receive the Sum Assured on death (as applicable).

Here, Sum assured on death is higher of sum assured on maturity or multiple of annualized premium.

Death benefit option 10X: Death benefit is higher of 105 % of the premiums paid or Sum Assured on Death.

Sum Assured on death is higher of the Basic Sum Assured or 10 times the annualized premium.

Scenario B: Sameer dies during the Term of the Policy In the event of Sameer's death during the 5th policy year, a lump sum of Rs 10,00,00 is payable as Sum Assured on Death.

In the event of death of the life insured, the Death Benefit payable is Sum Assured on Death plus Vested Bonus, plus Interim Bonus, plus Terminal Bonus, subject to a minimum of 105 % of the total premiums paid.

Sum Assured on death is higher of Basic Sum Assured or multiple of annualized premium.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with accrued Guaranteed additions (GA) plus vested Compound Reversionary Bonus and Terminal Bonus is payable.

Scenario B: Sahil dies during the Term of the Policy In the event of demise of Sahil during the policy term, the Sum Assured on Death is payable to the nominee.

In the event of death of the life insured during the term of the policy, Sum Assured on Death is payable to the nominee.

On Death after the commencement of Risk: Sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bonus is payable.

Scenario B: Rajeev dies during the Term of the Policy In the event of the demise of Rajeev during the policy term, the Death Benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bonus is payable.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death is payable to the nominee.

Scenario B: Raman dies during the Term of the Policy In the event of demise of Mr. Raman during the policy term, Rs 2 Lacs as Sum Assured on Death is payable to the nominee.

Sum Assured on death is higher of Basic Sum Assured, Maturity Sum Assured, or 10 times the annualized premium.

Sum Assured on Death is higher of Guaranteed Maturity Benefit or 106 % of Basic Sum Assured.

Sum Assured on Death is higher of Sum Assured or 10 times of annualized premium.

Sum Assured on Death + Accrued Reversionary Bonuses + Terminal Bonus.

Scenario II: In the event of death of Ramesh, the policy pays his family the sum assured on death of Rs 80,000 and vested bonus till the date of death.

Sum Assured on death will be payable to the nominee, which is equal to the base sum assured of 5 lacs or death sum assured as specified in the policy.

In the event of death of the life insured during the policy tenure, the nominee will receive Sum assured on death plus Accrued Reversionary Bonuses plus Terminal Bonus.

In the event of death of the life assured during the term of the policy, Sum Assured on Death plus accrued Reversionary bonuses and Terminal bonus is payable to the nominee.

In case of an unfortunate demise of the life Insured during the policy term, Sum Assured on death along with vested Compound Reversionary Bonus and Terminal Bonus is payable to the nominee, provided the policy is in - force.

In the event of death of the life insured during the policy term, the Sum Assured on Death which is higher of 105 % of all the premiums paid, Sum Assured on Maturity, or multiple of annualized premium.

In the event of death of the life assured during the term of the policy, the higher of 105 % of all the premiums paid or sum assured on death plus vested simple reversionary bonuses plus terminal bonus is payable.

Death benefit option 7X: Death benefit is higher of Sum Assured on Death or 105 % of the premiums paid.

Sum Assured on death for option A is higher of 105 % of the Total Premiums Paid, 105 % of Basic Sum Assured, or Maturity Sum Assured.

Sum Assured on Death is higher of Base Sum Assured, 10 times of Annualized Premium or Guaranteed Sum Assured on Maturity.

Here, Sum Assured on Death is higher of absolute amount payable on death, sum assured on maturity, 105 % of all the premiums paid, or 10 times of Annualized premium.

Death Benefit payable is the Sum Assured on Death plus Assured Payouts plus bonuses accrued till policy maturity date.

In the event of death of the life assured prior the date of maturity, Sum Assured on Death plus vested Simple Reversionary Bonuses and Final Additional Bonus is payable, provided the policy is in - force.

Sum Assured on Death is maximum of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid excluding Tax & Cess, any applicable rider premiums and underwriting extras, if any.

Option 1: Lump sum Amount on death: Guaranteed Death Benefit (The Guaranteed Death Benefit is the Sum Assured on Death which is the highest of Sum Assured or Maturity Sum Assured or 10 times the annual premium payable or 105 % of total premiums paid to date)

A maximum of (Sum Assured on death) or (105 % of all the premiums paid, excluding the underwriting extra premiums, as of the date of death) along with accrued fixed regular additions till the time of death

Here Sum Assured on Death is higher of Absolute amount assured to be paid on death, Sum Assured on Maturity, or 10 times the Annualized Premium.

Here, sum assured on death is higher of sum assured on maturity or 10/7 times of annualized premium for entry age up to 50 years / entry age above 50 years.

Sum assured on death plus + Accrued reversionary bonus, if any + Terminal bonus.

In the event of death of the life insured before the date of maturity, Sum Assured on Death plus Vested Simple Reversionary Bonuses & Final Additional Bonus is payable to the nominee, provided the policy is in - force.