Sentences with phrase «completion of the policy term»

10 % of sum assured will be payable from year of death till maturity and on completion of the policy term maturity benefit will be also provide.

But in this policy you will get life insured covered even after completion of the policy term till death.

On survival of the life insured till completion of the policy term, the maturity benefit payable is the sum of accrued guaranteed additions and guaranteed maturity benefit.

A Top - up premium is allowed anytime before completion of the policy term on the condition that all premiums have been paid.

Upon completion of the policy term, you can choose to receive the bonuses accumulated as a lump sum or use it to increase your monthly income sum for the next 15 years.

The loyalty benefit is payable on completion of the policy term.

Also this plan will provide lump sum payment on maturity after completion of policy term OR on death of insured.

On survival of the life insured till completion of the policy term, the maturity benefit equal to the sum assured is payable.

In case of the death of the insured, before completion of the policy term, the sum assured and accumulated bonuses are paid to the nominee.

Offers flexible cover options that is standard that offers lump sum amount on maturity and extended cover that offers extended life cover for the entire life post completion of the policy term

As per above policy details, the policy holder is require to pay premium for 30 years and once this premium paying term of 30 years completed, the policy holder starts receiving 2,00,000 (8 % of BSA) per year up to his 99 years of age and on completion of 100 years of age or completion of policy term maturity will be paid.

You will also find there are Term Insurance plans with the return of premium (TROP) which return the premium paid at the time of completion of the policy term in case life insured survives the policy term.

Endowment plans are those in which the sum assured plus accumulated bonuses, if any, are payable on completion of the policy term.

LOYALTY ADDITIONS: Loyalty addition are paid on maturity, it depends on company performance loyalty addition have been paid after completion of policy term or death provided that the policy has completed at least 5 years.

If the life insured survives till completion of the policy term, the guaranteed maturity benefit equal to Sum Assured on Maturity plus Guaranteed Additions plus Loyalty Benefit.

Sum assured is the minimum amount of money that you get from the insurance company upon completion of the policy term.

Income Benefit: Monthly income payable during the 10 year Payout Period post completion of the Policy Term.

Life insurance benefit: The sum assured is payable to the nominee in case of the policy holder's death before the completion of the policy term.

It is the amount which the insurance company pays to the policy holder on the completion of the Policy Term, if the Life Insured has survived the entire duration of the Policy.

If the policy holder dies before the completion of the policy term, the sum assured is paid out to the nominee as the death benefit.

If the policy holder survives till the completion of the policy term, the maturity benefit is paid out.

Presenting Exide Life Smart Term Plan, a unique plan that offers you comprehensive protection options and returns the premiums paid by you on completion of policy term.

Under this option, you pay for a chosen Life Cover and on completion of policy term an amount up to 150 % of annual premiums paid by you is returned.

Dear Ravan, Exide Life Smart Term Plan, offers you comprehensive protection and returns the premiums paid by you on completion of policy term.

Under this option, you pay for a chosen Life Cover and on completion of policy term an amount equal to 100 % of annual premiums paid by you is returned.

Premiums will be paid back (excluding extra premiums if any), if insured survives the completion of policy term.

Maturity Benefit: You will receive a sum of Accrued Compound Reversionary Bonus (if any) and Terminal bonus (if any) on completion of the Policy Term.

On completion of Policy term, maturity will be Sum Assured + Bonus accumulated during policy term.

On completion of policy term, an amount equal to 100 % of annual premiums paid by you under Classic variant is returned to you.

On completion of the policy term, an amount equal to 100 % of annual premiums paid by you under classic variant is returned to you.

The death benefit is also paid if the insured person dies after the completion of the policy term.

In case, of a term insurance plan, the policyholder only receives death benefit i.e. in the event the person survives the policy term, the person will not receive the sum assured on completion of the policy term.

A unique plan that offers you comprehensive protection options and returns the premiums paid by you on completion of the policy term.

Exide life smart term plan, offer you comprehensive protection options and return the premiums paid by you on completion of policy term.

On completion of the policy term, the last instalment of payout is made.

This plan caters the educational and other needs of your children with the help of survival benefits at specified years and maturity benefit at the completion of the policy term.

Guaranteed Sum Assured is payable to the life insured on the completion of the policy term plus vested Compound Reversionary Bonus plus Terminal Bonus, if any, provided the policy is in force and all due premiums have been paid.

This bonus is added from the date of commencement of the policy until the completion of the policy term or death of the life assured, whichever occurs earlier.

Maturity Benefit is payable on the completion of the policy term which equals to Guaranteed Maturity Benefit + Accrued Paid - Up Additions (if any) + Terminal Bonus (if any).

Maturity benefit is payable on the survival of the Life Assured till the completion of the policy term.

On completion of the policy term you will get a guaranteed payout along with applicable bonuses as the Maturity Benefit.

Exide Life Smart Term Plan is a unique plan that not only offers a comprehensive life cover but also returns the premiums paid by you on completion of policy term.

After completion of policy term, one can renew the policy or get sum assured by terminating the policy.

If Mr. Raman survives till the maturity of the policy term, he gets Guaranteed Sum Assured of Rs 5 Lacs which is payable on the completion of the policy term plus vested Compound Reversionary Bonus plus Terminal Bonus, if any and policy terminates.

It provides periodic payments on stipulated durations during the policy term plus pays a maturity benefit at the completion of the policy term.

The Monthly Income is provided for 10 years after the completion of the policy term.

The completion of Policy Term will be followed by a Payout Period of ten (10) years (120 months)

In case of termination of the policy, before the completion of the policy term, the top up fund value will be paid along with the base premium fund value irrespective of the lock - in period for top up.

Classic: Pay for a chosen Life Cover and on completion of policy term an amount equal to 100 % of annual premiums paid by you is returned.

On completion of Policy Term / Premium Payment Term, you will get a Terminal Benefit and start getting guaranteed monthly income for 10 years