Sentences with phrase «choosing joint life»

With wide range of annuity option to choose and an option of choosing joint life annuity, this plan can be bought with a single one - time payment of minimum Rs. 1 lakh.

If you choose a joint life rider, the withdrawal percentages are based on the younger of the annuitant or annuitant's spouse when withdrawals begin.

If you choose a joint life annuity with a period - certain payout, you are essentially estimating how long you will live.

Life insurance for couples and partners is an important component of financially supporting your spouse or partner, and buying a joint life insurance policy can be... Continue reading Why Choose Joint Life Insurance?

Not exact matches

(You can get payments for as long as either member of a couple remains alive by choosing the «joint life» payment option.)

You can typically choose (1) lifetime income, (2) income for a specified period, (3) income for a specified amount, (4) life income with a period certain, or even (5) life income for both joint and survivor.

* Joint life with someone other than your spouse — an annuity paid to you while you and a person chosen by you (but other than your spouse) are alive.

If you chose a benefit form that provides survivor benefits for the life of your beneficiary (such as a joint - and - survivor annuity) we will pay these benefits only to the beneficiary you chose when you retired.

The annuity options can be chosen for a single life (policyholder) or for joint life (policyholder and spouse)

Plan Choice: Term insurance provides flexibility in terms of choosing the plan on single life basis or joint life basis.

You may choose to receive annuity payments for a specific period of time, or for your life or joint lives of you and another person

Joint life insurance is an option many couples choose because of the convenience of having only one policy.

Bajaj Allianz Life targeted the low - income market with the launch of a micro insurance product that allows customers to choose between fixed and flexible loan tenure coverage, an exclusive feature of the plan is that the policy term ranges from as less as 6 months to 120 months, with option of single life and joint life coveLife targeted the low - income market with the launch of a micro insurance product that allows customers to choose between fixed and flexible loan tenure coverage, an exclusive feature of the plan is that the policy term ranges from as less as 6 months to 120 months, with option of single life and joint life covelife and joint life covelife coverage

One can choose from the single or joint life term insurance plans.

The annuity payment depends on the Joint Life Last Survivor options chosen.

To illustrate, a couple — husband aged 36 and wife aged 35, choose from the many types of joint life insurance policies for INR 50 lakhs and INR 25 lakhs respectively.

The annuity can be chosen to be payable to a single life, that of the annuitant himself or to a joint life which is the annuitant and his spouse until the last one dies.

You can customize the plan by choosing between an individual or a joint life cover.

For example, if your single - life pension payout at age 65 is $ 5,000 per month, and your joint life option is $ 4,000 per month, choose the higher single - life option.

o Joint Life Cover: Under this option, you have the flexibility to choose for you & your spouse.

You can customize the plan to suit your requirement by following the steps below: Step 1: Choose between an individual or a joint life cover Step 2: Choose your sum assured (s)(Life Cover) Step 3: Choose your policy term & premium payment frequency Your premium under the plan is based on your current age (s), sum assured (s), policy term and premium payment frequelife cover Step 2: Choose your sum assured (s)(Life Cover) Step 3: Choose your policy term & premium payment frequency Your premium under the plan is based on your current age (s), sum assured (s), policy term and premium payment frequeLife Cover) Step 3: Choose your policy term & premium payment frequency Your premium under the plan is based on your current age (s), sum assured (s), policy term and premium payment frequency.

By electing a single - life pension and purchasing a life insurance policy to protect your spouse instead of choosing the joint - pension plan, you may be able to save over $ 1,000 each month.

Right Pension Option: Choose the apt pension plan with suitable pension options like Annuity payable for Life, Life Annuity with Guaranteed Period, Increasing Annuity or Joint life annuity, etc. meeting your requiremLife, Life Annuity with Guaranteed Period, Increasing Annuity or Joint life annuity, etc. meeting your requiremLife Annuity with Guaranteed Period, Increasing Annuity or Joint life annuity, etc. meeting your requiremlife annuity, etc. meeting your requirement.

Available in six options, the plan gives provisions for payment of annuity to the spouse of the annuitant after his demise (either 50 % or 100 % annuity depending on the Joint Life Last Survivor options chosen).

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.

Option to choose from Single Life or Joint Life Annuity: Plan offers an option to receive lifelong payments for as long as you / your partner are alive.

This is an alternative that some couples choose if it is against their religious beliefs to divorce, or when they no longer want to live together but they want to remain equally responsible for their joint obligations and duties.