Sentences with phrase «complete tenure of the policy»

The policy holder can get the maturity benefit only if s / he is able to survive the complete tenure of the policy.

Not exact matches

Also, you have completed almost 60 to 75 % of policy tenure for both the policies.

If the child has survived throughout the tenure of the policy, you can get 20 % of the sum assured after the child completes the age of 18.

Also, you have completed almost 60 to 75 % of policy tenure for both the policies.

So, in case the insured dies while the policy is active the beneficiary can claim complete or at least the guaranteed maturity sum whichever is higher., The guaranteed maturity value is calculated based on gender, age, tenure and amount of premium.

You can pay lump sum for the premiums at the beginning of the policy or for the complete tenure of the plan

Loyalty addition: LIC Bima Bachat policy declares loyalty addition after the policy has completed a tenure of 5 years.

If you have completed the maturity period of the policy, then an incentive is given to you by your insurer as the loyalty addition, for keeping the policy active throughout the tenure of the policy.

Based on the policy term chosen, guaranteed additions will accrue for each completed policy year at the rate of 7 % of the sum assured for policy tenure of 5 years and 9 % of the sum assured for policy tenure of 10 years