Sentences with phrase «case of unfortunate death before»

Not exact matches

LIC's Aadhaar Stambh Plan also provides financial support to the family in case of unfortunate death of policyholder before maturity and a lump sum amount the time of maturity for the surviving policyholder.

LIC's Aadhaar Shila Plan also provides financial support to the family in case of unfortunate death of policyholder before maturity and a lump sum amount the time of maturity for the surviving policyholder.

After taking this plan, two cases are possible, Either Mr Ajay survives the policy term of 20 years or unfortunate death happens before policy term, both cases have been explained below.

In case of unfortunate death of the life assured before the date of maturity, Sum Assured on Death plus vested simple reversionary bonuses and final additional bonus is payable, provided the policy is in - fdeath of the life assured before the date of maturity, Sum Assured on Death plus vested simple reversionary bonuses and final additional bonus is payable, provided the policy is in - fDeath plus vested simple reversionary bonuses and final additional bonus is payable, provided the policy is in - force.

These payouts could serve as a second income and also help in paying his child's school expenses.The lump sum amount that he will receive at the end of the 20th year could be used for his daughter's higher education expenses.In case of the unfortunate event of his death before the maturity of the policy, his family will get higher of 100 % of Sum Assured or 105 % of the Premiums paid or 11 times the Annualised Base Premium.

Mohan will receive the maturity benefit when his kid requires it for her higher education In case of an unfortunate event of his death before maturity of the policy, his family will get higher of Sum Assured or 105 % of the Premiums paid, plus guaranteed additions on the premiums paid.

This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder.