Sentences with phrase «chooses return of purchase price»

The remaining fund will be paid to the beneficiary of the policy in case the annuitant chooses return of purchase price.

Not exact matches

If the annuitant commits suicide, no benefit will be payable but if the Return of Purchase Price Option is chosen by the policyholder, then, on suicide, the Purchase Price is paid back to the nominee

But if the Life Annuity with Return of purchase Price option is chosen, the purchase price is returned to the noPrice option is chosen, the purchase price is returned to the noprice is returned to the nominee

In case the policyholder chose the option with the return of Purchase Price, then the policy terminates when the purchase price that was paid by the policyholder is refunded to his or her Purchase Price, then the policy terminates when the purchase price that was paid by the policyholder is refunded to his or her nomPrice, then the policy terminates when the purchase price that was paid by the policyholder is refunded to his or her purchase price that was paid by the policyholder is refunded to his or her nomprice that was paid by the policyholder is refunded to his or her nominee.

The policy terminates on the death of the annuitant where the option of Life Annuity or Annuity for Life increasing @ 3 % per annum simple interest or Life Annuity with Return of Purchase Price is chosen.

Mr. Rajesh aged at 30 years buys Future Generali Immediate Annuity Plan with the purchase price of Rs 1,00,000 with «Life Annuity with return of Purchase Price» optionpurchase price of Rs 1,00,000 with «Life Annuity with return of Purchase Price» option chprice of Rs 1,00,000 with «Life Annuity with return of Purchase Price» optionPurchase Price» option chPrice» option chosen.

Mr. Mohan aged at 60 years buys Reliance Nippon Life Immediate Annuity Plan, chooses «Life Annuity with return of purchase price» annuity option.

He chooses to invest the entire corpus in Max Life Guaranteed Lifetime Income Plan with Joint Life with return of purchase price (ROP) option.She chooses to invest the entire corpus in Max Life Guaranteed Lifetime Income Plan with Single Life with ROP option.

Scenario 1: Maturity Benefit - Individual chooses to invest in Max Life Forever Young Pension Plan and after 20 years chooses to invest entire corpus in Max Life Guaranteed Lifetime Income Plan with Joint Life with Return of Purchase Price option.

Mr. Ashok, a 55 year old male invests $ 11 Lacs in Exide Life New Immediate Annuity with Return of Purchase Price and chooses to receive annuity in annual mode.