Sentences with phrase «benefit by paying some additional premium»

Under Option A «Pure Term Cover - Lump Sum Benefit», primary Member of an employer - employee group can opt for spouse cover as an additional voluntary benefit by paying an additional premium.

Not exact matches

b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.

However, the death benefit payable shall never be lower than 105 % of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).

Paid - Up Additions Amounts of life insurance purchased either by policy dividends or by additional premium, and added to the original life insurance policy to increase the death benefit and cash values.

The benefits can be added to the term plan by paying an additional premium amount.

You can avail additional benefits by paying 10 % more premium.

Additional protection is available in the under the Critical Illness Benefit rider, that may be added to the policy by paying extra premiums.

All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid

* This exclusion can be removed if the appropriate additional premium has been paid and the optional benefit is indicated on the Schedule or attached by an endorsement.

Additional point to note is that if you do not pay premium for 5 years in ULIP, tax benefits availed by you in the previous years will be reversed.

By age 65, in this example, the benefit is projected to be $ 990,000 and the cash value $ 475,000, which can be borrowed, withdrawn or tapped to keep the policy in force without paying additional premiums.

One will also get Accidental Death and Disability Benefit Rider (AD and DB) as optional by paying additional premium to extend the policy bBenefit Rider (AD and DB) as optional by paying additional premium to extend the policy benefitbenefit.

Riders can be attached to the base policy by payment of additional premium called Rider Premium over & above the premium paid to secure the death benefit.

An LIC single premium policy lets you opt for additional riders such as the Accident Benefit Rider and Critical Illness Rider by paying small additional premiums.

Offering zero allocation and administration charges, additional allocations are added to the fund on every premium paid by you during the premium paying term, Option for Rising Star Benefit to ensure that your child's future financial needs are taken care of even in your absence and tax benfits.

If all the regular premiums for decided term are paid with no balance premium, the Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additionalbenefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final AdditionalBenefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional Bonus.

A pure term insurance plan that provides life Insurance cover to you by paying a lump sum benefit to your family in case of an unfortunate death.Choice of single or regular premium payments and an additional amount in case of an accidental death.

Also, with Life Stage Protection benefit the policyholder can increase your Sum Assured (by paying revised extra premium) or reduce the additional cover later during the policy term (which will result in a proportional decrease in future premiums).

Riders: The additional benefits linked with the base policy taken by paying extra premium by the policyholder.

The insured may enhance the protection by opting for SBI Life - Accidental Death Benefit Rider and SBI Life - Accidental Total and SBI Life - Permanent Disability Benefit Rider by paying additional premium amount.

Death benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeBenefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BenefitBenefit).

Riders / add - ons is the additional benefits, which can be added to the basic policy by paying marginal additional premium.

b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.

However, the death benefit payable shall never be lower than 105 % of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).

Riders: The additional benefits linked with the base policy taken by paying an extra premium by the policyholder.

If you buy a pension plan with life cover, you need to pay higher premiums, as it provides additional benefits of insurance, the rate of premium charged by your insurer depend on the type of plan and its benefits offered.

Extended Life Cover Benefit: An option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium payinBenefit: An option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium payinbenefit at inception of the policy by paying additional premium throughout the premium paying term.

You can choose from various available riders such as Accidental Death Benefit, Critical Illness rider, Family Income Benefit, Waiver of Premium, etc. by paying additional rider premium amount.

A rider is an additional benefit you obtain by paying an additional / higher premium.