Sentences with phrase «case of death of the life insured»

Death benefit — the death benefit is paid in case of death of the life insured during the plan tenure.

In case of death of the life insured during the defined policy term, the entire sum assured along with accrued bonuses is paid to the nominees of the life insured.

Some policies also offer riders to provide financial aid to the family in case of death of the life insured due to some accident.

You would get just 105 % of premiums paid in case of death of life insured apart from guaranteed additions.

In case of death of the life insured during the extended life cover period, full life cover would be payable.

In case of death of the life insured during the policy term, the nominee will receive death benefits on the basis of payout option chosen.

In case of death of the life insured within the duration of the plan, the Sum Assured chosen at the inception of the plan is paid to the nominee.

Loyalty Additions will also be given in case of Death of the Life Insured where premiums are being funded by the Company.

Death Benefit: In case of death of the Life Insured provided the policy is in - force and all due premiums till the date of death have been paid during the policy term, the sum assured on death will be paid to the nominee which is highest of:

Sum Assured is payable, in case of death of the life insured before the date of maturity and during the first five policy years.

Nominee is the person selected by the policyholder to receive the benefit in case of death of the life insured thus giving a valid discharge to the insurer on settlement of claim under a life insurance policy.

In case of death of the life insured when the money is in Pension Discontinued Policy Fund, the PDP Fund Value is payable to the nominee.

In case of death of Life Insured after discontinuance of a policy within lock - in period of first five policy years, the policy gets terminated by paying the fund value as per the discontinued policy fund to the nominee.

n case of death of the Life Insured, the nominee receives the full Sum Assured irrespective of what payment has already been provided + accrued Bonus.

In case of death of life insured within the last 4 years as well, there is a 48 months» Guaranteed Monthly Income available with this plan

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.

The product offers comprehensive death benefit to the nominee in case of death of Life Insured during the policy term, provided the policy is in force.

Loyalty Additions will also be credited in case of death of the Life Insured where the future premiums are paid by the company.

Death Benefit: In case of death of the Life Insured provided the policy is in - force and all due premiums till the date of death have been paid during the policy term, the sum assured on death will be paid to the nominee which is highest of:

Immediate financial support to the family In the unfortunate case of the death of the life insured, 100 % of the sum assured along with the accrued bonuses, if any, is paid to the nomineeA person or firm into whose name the policy is transferred in order to facilitate transactions, while leaving the customer as the actual owner..

Sum Assured plus Loyalty Addition is payable, in case of death of the life insured before the date of maturity and after completion of 5 policy years.

In case of death of the life insured within the policy tenure, the Sum Assured is paid to the nominee as death benefit and the policy terminates and nothing further is payable

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

Bharti AXA Life Term Rider pays out 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.

This non-linked and regular pay insurance rider provides 100 % Sum Assured in case of death of the Life Insured due to an accident, subject to the rider policy being in - force.

In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payable.

Family Care Benefit, is a unique proposition by way of which, a part of the life insurance benefit i.e. Rs 100,000 is paid as a lumpsum to the nominee in case of death of the life insured, within 48 hours ** of submission of all relevant claim documents.

Death Benefit: In case of death of the Life Insured during the policy term, the sum assured on death will be paid to the nominee which is highest of:

In case of death of the Life Insured during the Policy Term, the Sum Assured on Death will be payable to the Nominee or the Policyholder as the case may be, subject to Policy being in force.

Income Plus Option — under this HDFC term insurance plan, the entire death benefit which is the chosen Sum Assured is paid out in case of death of the life insured.

In case of the death of the life insured, the sum assured is immediately paid out as the death benefit.

In case of death of the life insured during the chosen tenure of the LIC term plan, the death benefit is paid which is equal to the Sum Assured chosen by the policyholder at the time of inception of the policy

Under this Max Life term plan, in case of death of the life insured, Sum Assured is immediately paid to the nominee.

Under this Max Life term plan, in case of death of the life insured during the term of the plan, the Sum Assured is immediately paid to the nominee.

In case of death of the life insured during the term of this Max Life term plan, the Sum Assured chosen at the inception of the Max Life term plan is paid to the nominee

In case of death of the life insured during the course of this Max Life term plan, the nominee has two options of availing the death benefit.

Nominee is the person selected by the policyholder to receive the benefit in case of death of the life insured.

In case of death of the life insured, the nominee will receive a lump sum (100 % of Sum Assured) plus Increasing monthly income for 10 years wherein the first year monthly income shall be 0.4 % of the policy sum assured.

Aviva's iLife Secure plan is a term insurance plan which pays a combination of lump sum and monthly incomes in case of death of the life insured.

Basic Life Insurance Cover — In the case of Death of the Life insured, you get the higher of Sum Assured on Maturity, or 11 times the base annualized Premium

In the case of Death of the Life insured, the unpaid premium will be deducted from the Death Benefit to get the total sum payable

The plan offers comprehensive coverage including family income benefit and funding of future premiums in case of death of the life insured

Accidental Death Benefit Rider — you will receive an additional sum assured in case of death of the Life insured due to an accident

A minimum of three such installments is guaranteed in case of Death of the Life Insured any time during the Policy Term.

In case of death of the life insured, the nominee will receive a lumpsum payout that was chosen by the policyholder, which is 100 % of Sum Assured.

In case of death of the life insured, the nominee will receive a lumpsum, and the policy will continue as before.

In case of death of life insured, the nominee receives the death benefit payout.