Sentences with phrase «assured under both scenarios»
Unlike term plans which pay out the sum assured, along with profits, only in case of an eventuality over the policy term, endowment planspay out the sum assured under both scenarios — death and survival.
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Sum assured under this scenario is Rs 5,84,240.
Unlike term plans which pay out the sum assured, along with profits, only in case of an eventuality over the policy term, endowment plans pay out the sum assured under both scenarios — death and survival.
Not exact matches
The actuarial model asks, «Can we assure that we will be solvent under a wide number of economic scenarios over the long run, some of which might be quite severe?»
The only difference is in the structure of charges which is resulting in higher sum assured under the 2 scenario in the HDFC ULIP.
As the sum assured available under the family floater plan is used by every member of the family, so chances are higher that it may exhaust early and in this scenario, it would be a wise move to opt for plans offering Auto restoration facility.
Scenario B - Death Benefit: In the event of his death during the policy term, the Death Benefit payable is higher of Sum Assured under the Base Plan less partial withdrawals, 105 % of Total premiums paid, or Fund value under the Base Plan.
Scenario B - Death Benefit: In the unfortunate event of his death within the policy term, the Death Benefit payable is higher of Sum Assured under Base Plan and top - up plus, fund value under Base Plan and top - up is payable.