Sentences with phrase «case life insured»

In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the Guaranteed Annual Payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.

§ In case the Life Insured dies within the Policy Tenure, higher of 10 times the Annualized Premium or the Sum Assured + accrued Bonuses would be paid to the nominee

Some exceptions to this rule that I can think of will be things like unpaid premium / s, loans outstanding, interest on such loans 4) In case the life insured and nominee die at the same time, the policy money will go to the legal heir.

In case the life insured is diagnosed with a critical illness (from a list of pre-defined critical illness covered under this benefit), a lump sum total of the guaranteed annual payouts, proportional to the premiums received, is paid out immediately to help with the treatment and other expenses.

In case the Life Insured survives till the completion of the policy term provided all premiums are duly paid, then 100 % of Sum Assured on Maturity is paid at the completion of policy term along with accrued Non-Guaranteed Annual Simple Reversionary Bonus and Non-Guaranteed Terminal Bonus.

In case the life insured survives at the end of the premium payment term, Guaranteed Monthly Income (GMI) is payable every month for the next 144 months, which starts from the end of the premium payment term.

o Disability Benefit (Disability Plus): In case the life insured suffers from accidental total and permanent disability, he / she receives Sum Assured + additional accidental death cover + cover against accidental total and permanent disability.

Life Annuity Certain for 10 Years: Annuitant receives annuity payout at a constant rate for the first 10 policy years and for life thereafter, in case the life insured survives beyond the period of 10 years.

In case of Rohit's survival, he receives annuity payout at a constant rate for the first 10 policy years and thereafter, the annuity is payable in case the life insured survives beyond the period of 10 years.

At maturity of the policy (in case the Life Insured survives till the maturity of the Policy and all premiums are duly paid), you receive:

and Sum Assured on Maturity as Maturity benefit at the end of the Policy term in case the Life Insured survives till that period and all premiums have been duly paid.

Maturity Benefit: In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the benefits as mentioned below will be payable to the Policyholder on the date of maturity:

In case the Life Insured is a minor at the time of the policy issuance, the ownership of the policy will vest in the Life Insured on attainment of 18 years of age, age last birthday.

In case the Life Insured is a minor at the time of policy issuance, the ownership of the policy will vest in the Life Insured on attainment of 18 years of age, age last birthday.

- In case the life insured dies within the policy tenure then the prevailing sum assured as on the date of death will be payable as Death Benefit to the nominee and the policy will terminate immediately.

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.

Sum assured / Guaranteed amount is paid as lumpsum amount in case life insured is diagnosed with any of the 40 listed Critical illnesses.

You can add accident benefit option where equal amount of sum assured would be paid in case life insured dies in accident.

For example in case the life insured suffers disability due to some accident or in case of demise of the policy holder due to some accident.

You will also find there are Term Insurance plans with the return of premium (TROP) which return the premium paid at the time of completion of the policy term in case life insured survives the policy term.

Permanent disability rider can be availed in case life insured suffers permanent disability due to some reason.

It also returns all the premiums, in case the life insured survives throughout the policy term.

In case the life insured survives till end of the policy term, he / she is entitled to receive all the premiums paid excluding taxes, rider premiums, and additional premiums, if any.

The plan can be taken for a basic cover or a cover with Critical Illness benefit inbuilt in the plan option which provides an additional Sum Assured in case the life insured suffers a critical illness during the plan tenure.

A terminal illness benefit is inbuilt in the plan which pays an additional benefit in case the life insured is diagnosed with any terminal illness.

BSLI Critical Illness Rider (UIN: 109B019V03): Under this Rider, in case the life insured is diagnosed with any of the 4 listed critical illnesses and he / she survives 30 days from the date of diagnosis, then 100 % of the Rider Sum assured is paid to meet the medical expenses.

Also, there are no benefits payable in case the life insured outlives the policy period.

Kotak Accidental Disability Guardian Benefit Rider (ADGB): This rider waves off the future insurance premiums in case the life insured becomes disabled as a result of an accident.

In case the Life insured under the policy commits suicide.

DHFL Pramerica Traditional Critical Illness Rider: This Rider provides protection cover in case the Life Insured is diagnosed with / undergoes any of the 10 critical illnesses / conditions / surgeries namely Aorta Surgery, Blindness, Cancer, Coronary Artery Bypass Surgery, Heart Attack, Heart Valve Surgery, Kidney Failure, Major Organ Transplant, Paralysis and Stroke.

The Critical Illness Rider provides a guaranteed Sum Assured in case the life insured is diagnosed with any of the mentioned critical illnesses.

Maturity Benefit: in case the life insured survives the entire tenure of the policy then a basic sum assured amount along with the accrued bonus or simple reversionary bonus is paid to the insured as maturity benefit after the completion of whole policy year.

The guaranteed death benefit is not payable in case the life insured (whether sane or insane) commits suicide within 12 months from the date of policy commencement.

Waiver of Premium rider offers the waiver of all policy premiums in case the life insured is diagnosed permanent disability or critical illness.

Policy benefits will not be paid in case the life insured dies within 7 days of a being diagnosed for the first time, be it carcinoma in situ or major stage cancer.

In case the Life Insured commits suicide within a year of Minor Revival, the nominee will receive the Death Benefit.

In case the Life Insured is a minor at the time of the policy issuance, the ownership of the policy will vest in the Life Insured on attainment of 18 years of age, age last birthday.

In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the benefits as mentioned below will be payable to the Policyholder

and Sum Assured on Maturity as Maturity benefit at the end of the Policy term in case the Life Insured survives till that period and all premiums have been duly paid.

Maturity Benefit: In case the Life Insured survives till the maturity of the Policy and all premiums are duly paid, then the Maturity benefit shall be paid as Sum Assured on Maturity to the policyholder for all premium payment term and policy terms.

Maturity Benefit: In case the Life Insured survives till maturity and all due premiums have been paid till the date of maturity, Maturity Benefit will be payable to the Policyholder as Sum Assured on Maturity equal to the chosen Sum Assured.

Not exact matches

In most cases, borrowers with FHA - insured home loans have to pay their FHA insurance premiums for the life of the loan, under the current guidelines.

a. Death Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable taxes.

In case of unfortunate event of death of Life insured (applicable even in case of minor lives), subject to the policy being in force the Sum Assured payable on death will be higher of:

This Life Term Rider pays out an additional Sum Assured in case of death of the Life Insured.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in force.

Bharti AXA Life Term Rider pays out additional Sum Assured in case of death of the Life Insured.

In case of unfortunate death of the Life Insured, the Sum Assured on Death which is explained below is payable to the Nominee:

3) Bharti AXA Life Premium Waiver Rider (UIN: 130B005V03): Under this rider in case of the unfortunate event of death, Total Permanent Disability or critical illness (in case of Policyholder) and Critical Illness (in case of Life Insured) the future premiums are waived off and the benefits under the policy will continue.

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - force.