Sentences with phrase «chosen at inception»

Flexible Payout Option can only be chosen at inception of the policy

The nominee will receive monthly benefit amount chosen at inception till the end of the policy term, this amount increases by 5 % p.a. compounded annually from the very first year of the policy to beat inflation

The nominee from the next policy month onwards and continues for the next 8, 10 or 15 years, depending on the Policy Term option chosen at the inception of the policy.

At the end of the policy term, the maturity benefit payable is sum assured and it depends on the option chosen at the inception of the policy.

An Annuity option once chosen at the inception of the policy can not be altered at a later date.

In addition, Sum Assured as chosen at inception of the policy shall also be payable

If the death of the Life Insured happens after the Policy Term and during the Extended Life Cover Period, Sum Assured as chosen at inception of the policy shall be payable.

In case of the unfortunate death of the Life Insured, a percentage of Monthly Income is payable to the nominee from the next policy month onwards and continues for the next 8, 10 or 15 years depending on the Policy Term option chosen at inception of the policy.

The coverage option chosen at inception can not be changed during the policy term.

The Life Insurance benefit will be paid out depending on the option chosen at the inception of the policy:

Sum Assured chosen at inception, plus • Any increase in Sum Assured by exercising the Event based Life Stage Option prior to 12 months from the date of death (due to suicide); plus • 80 % of the premiums paid (excluding taxes) for the last increased additional Sum Assured.

The policyholder can claim for a maximum of two contingent events and the total payout will be limited to 100 % of the Lump - sum Rider Sum Assured chosen at inception.

In case his death happens immediately after paying 7th annual premium, i.e. when he has turned 41 years old, his nominee would start receiving Rs 80,000 every month in the 7th policy year, which will increase every subsequent year, at a simple rate of 10 % of the monthly payout chosen at inception, till such time when Jeevan would have attained 60 years of age.

Under Auto Rebalancing feature, the fund is rebalanced every year according to the ratio chosen at inception

The policyholder and his family receive annual income after the premium payment period for the length of the policy term that had been chosen at the inception of the policy.

Income Payout option has to be chosen at the inception of policy.

The income increases at an annual simple rate of 10 % of the original monthly income amount chosen at inception.

Auto Rebalancing Feature: Every year the funds are rebalanced according to the ratio chosen at inception

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 availing monthly instalments, a fixed monthly income chosen at the inception of the plan is payable following the month of death till the end of the plan tenure subject to a minimum of 3 years or 36 monthly payments.

Thereafter, a fixed monthly income which was chosen at inception is paid to the nominee following the month of death till the end of the term subject to a minimum period of 4 years.

The benefit payable will be as per the below mentioned coverage option chosen at inception of the policy:

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.

In a traditional SAA approach, a stock / bond allocation is chosen at the inception of the investment process, and the portfolio is altered at each rebalance date to move it back toward its long - term target allocation.

Flexible Payout Option can only be chosen at inception of the policy

These coverages come with maximum limits that you choose at the inception of your policy.

Not exact matches

At the inception of any moment in his life he can choose to order possibility differently than he does and differently than he did in past moments.

The trailer promises plenty of action and thrills on bicycles, and Gordon - Levitt has proven adept at choosing quality roles (i.e., 50/50, Inception and TDKR).

Yes, that sounds remarkably like «Inception,» however, Dorado smartly chooses to focus his suspense more on real - life personal relationships rather than pounding away at dreams and memories.

The BYO at inception was in no way mandated for any particular use, meaning teachers could choose to use student - owned devices for anything they wished or not at all.

Survival Benefit — Here, the regular monthly income that is chosen at the time of inception of the policy for 15 yrs after the end of the premium payment term is paid to the policyholder.

b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.

Option to choose Extended life cover at inception by paying additional premium throughout the premium paying term.

In regards to why Heihachi was chosen, as opposed to Kazuma, Heihachi was the poster child for the series at its inception on the PlayStation 1.

People will simply not choose to abandon extremely cheap, relatively convenient (yes, even now) air travel for surface travel until and unless air travel becomes prohibitively expensive again, as it was at its inception.

At its inception, the reform assumed that while the National Health Service Litigation Authority (NHSLA) and the Motor Insurers» Bureau (MIB) would choose to fund the income stream from their annual revenue and that most liability insurers would purchase an annuity, or otherwise reinsure their liability, as most of them do not possess the necessary expertise in life insurance.

Premium redirection is also allowed to redirect future premiums to a different fund than that chosen at the plan inception

Premium redirection facility is allowed from the second policy year to redirect future premiums into a different fund than that chosen at the time of policy inception under this SBI child plan

Premium redirection facility from second year such that future premiums go into a different fund than that chosen at time of policy inception

If the life insured dies during the term of this LIC online term plan chosen by him at the starting of the 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

The Guaranteed Death Benefit is defined as higher of 11 times the annual premium or 105 % of the total premiums paid till the date of death or the Guaranteed Maturity Sum Assured chosen at the time of inception of the plan.

ULIPS are flexible and dynamic in nature In case of ULIPS you can choose the sum assured at the time of policy inception.

Depending on the age of the child at policy inception and plan option chosen, a Benefit Booster is paid at the end of the policy term.

In addition to the sum insured on death, the nominee will receive the additional sum assured chosen at the time of inception in case of death due to accident.

You can choose any of the following annuity options at inception.

Extra Life Income Option: An extension to the income option, benefits include lump - sum payout in case of death due to accident & regular monthly income (level or increasing) chosen at the time of inception.

Deferment Period may be between 1 to 10 years (Integer values), as chosen by you at inception.

Limited Pay Period: You may choose a Premium Payment Term of 10 years or 15 years at inception of your Policy.

In case of insured's death, then the beneficiary will receive 20 times the monthly income chosen at time of inception as lump sum.

Under this plan you have to choose the option at policy inception.