Sentences with phrase «assured upon maturity»

It is paid along with the Sum Assured upon maturity or death, whichever occurs earlier.

They are entitled to get 60 % of the sum assured upon maturity.

firstly sum assured upon maturity, secondly the survival benifits @ 5.5 % of the sum assured till the time you are alive, and third and last upon your death Sum assured + Loyalty additions paid to your nominee.

Here it is important to remember in endowment policies, you get the sum assured upon maturity, whereas in term plans no maturity benefit is paid out.

Not exact matches

Upon maturity of the PNB MetLife Endowment Savings Plan, you will receive the Base Sum Assured and any accrued bonus, if any

Upon maturity, the insured receives the sum assured plus the bonus for the term of the policy, if any.

The policy pays a guaranteed * amount of 40 % of the Base Sum Assured plus accrued bonuses upon maturity.

Sum assured is a fixed amount that the insurer agrees to pay upon happening of the contingency (i.e. either death or maturity) as mentioned in the policy document.

Maturity Benefits On surviving the term of the policy or upon the end of the policy or maturity, the insured receives the sum assured plus bonus for the term of the inMaturity Benefits On surviving the term of the policy or upon the end of the policy or maturity, the insured receives the sum assured plus bonus for the term of the inmaturity, the insured receives the sum assured plus bonus for the term of the insurance.

The premium depends upon two things - age of the insured and maturity sum assured.

The sum assured at maturity depends upon the monthly paid premium.

The benefits are paid out, to the policyholders or nominees, in the form of sum assured and vested bonuses, if any, upon death of maturity.

Maturity Benefits - upon maturity, the beneficiaries are assured funMaturity Benefits - upon maturity, the beneficiaries are assured funmaturity, the beneficiaries are assured fund value.

The premium to be paid for the plan depends upon two things: age of the insured and maturity sum assured.

The premium payable amount of the Jeevan Sangam Plan depends upon the age of the policyholder, the maturity sum assured amount selected and needs which change from time to time The plan is also providing a death benefit that would be ten times of the tabular single premium along with some loyalty addition.

Upon maturity, the company will grant the sum assured, alongside bonuses, and even a terminal bonus if any.

Note: Sum Assured on Death being the highest of 10 times of annualized premiums, or, amount assured on maturity, or absolute amount assured uponAssured on Death being the highest of 10 times of annualized premiums, or, amount assured on maturity, or absolute amount assured uponassured on maturity, or absolute amount assured uponassured upon death.

Upon survival of the policy term, the insured person gets the remaining amount of sum assured in the form of maturity benefit.

In case of certain proposals, depending upon the age of entry, age at maturity, sum assured, family history and personal history, special medical reports may be necessary for consideration of a risk.

In case the Life Insured is found to be suffering from a disease that is likely to lead to the Death of the Life Insured within 6 months of diagnosis in the opinion of a Registered Medical Practitioner and the concurrence of Company's appointed doctor, the Company will advance 50 % of the Guaranteed Maturity Sum Assured (up to maximum of Rs. 10 Lakhs across all policies which provide this benefit) immediately upon Policyholder's request.

Guaranteed Lump Sum Benefit (GLB) is a survival benefit payable only upon the survival of the life insured at the end of the Premium Paying Term and at the end of policy year when Life Insured attains age 75 and is equal to Sum Assured on Maturity.

Through this policy, you can be assured that you will receive a considerable amount upon maturity.