Sentences with phrase «cumulative premiums paidtotal»

Death Benefit (higher of the Fund value * or 105 % of the cumulative premiums paid) with Max Life Partner Care Rider: @ 4 % is Rs. 23,94.687 ** and @ 8 % is Rs. 26,65,400 **

Scenario B: Rahul dies within the Policy Term In the event of death of Rahul, the Death Benefit payable is the higher of Fund Value or 105 % of the cumulative premiums paid.

Additionally the nominee will also receive an amount equal to higher of the Fund Value or 105 % of cumulative premiums paidTotal amount invested in Max Life Forever Young Pension Plan - Rs. 10,000 x 12 x 10 = Rs. 12,00,000

In the event of death of the life insured, the Death Benefit payable is higher of Fund Value or 105 % of the cumulative premiums paid (including top - up premiums).

Annual Guaranteed Additions is 10 % on cumulative Premiums paid.

A comprehensive savings plan that not only protects your family, but also helps you meet your financial goals with guaranteed additions of up to 10 % p.a. of cumulative premiums paid year - after - year.

This plan helps you to achieve your dreams by offering lump sum amount on maturity and also provides guaranteed additions on cumulative premiums

Guaranteed Additions accrue @ 5.5 % or 6 % of the cumulative premiums paid depending on the premium range

Pension Maximiser Option: you will receive an amount equal to the higher of Fund Value or 101 % of cumulative premiums (including top up premiums, if any) at maturity.

Charlie has a $ 500,000 whole life insurance policy with an $ 80,000 cash value, into which he has paid $ 65,000 of cumulative premiums over the years.

A modified endowment contract (MEC) is a tax qualification of a life insurance policy whose cumulative premiums exceed federal tax law limits.

While policy owners are allowed to withdraw funds from the cash value component of a permanent life insurance policy — subject to the amount of the available funds that are in the account — a withdrawal that exceeds the amount of cumulative premiums that have been deposited can be taxed.

PNB MetLife Guaranteed Savings Plan is a guaranteed savings insurance plan that helps you fulfil your dreams by offering lump sum benefit on maturity along with guaranteed additions on cumulative premiums.

At the end of the level premium period, the cash value of the in - force policy equals the total of cumulative premiums paid, less any charges for substandard ratings and riders.

3 Premium based charges are a percentage of premium payments calculated based on the cumulative premiums.

A comprehensive savings plan that not only protects your family, but also helps you meet your financial goals with guaranteed additions of up to 10 % p.a. of cumulative premiums paid year - after - year.

Return of premium life insurance gives you all the benefits of a traditional term life insurance policy, plus the additional benefit of having all of your cumulative premiums paid back to you at the end of the policy

A retirement solution which provides guaranteed maturity benefit, guaranteed addition of 5 % of cumulative premium p.a. for the first 5 years and a reversionary bonus from 6th year onwards.

It is calculated as 5 % of cumulative premium (excluding rider premium) paid till that policy anniversary.

The cumulative premium is now «2,00,000 with «20,000 as guaranteed additions (10 % of cumulative base premium)

Unlike regular term policies, return of premium term life insurance rewards you for keeping the policy by giving a guaranteed return of your total cumulative premium paid on the policy during the level term period, not including substandard (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the level term period if the policy is then in force.

b. Address change: You can change your address by sending a filled out policy amendment request form along with your address proof (if cumulative premium of all your active policies is greater than $ 10,000 inclusive of all applicable taxes, cess, and levies as imposed by the Government).

Not exact matches

Made In's premium cookware is made in the USA by workers with more than 150 years of cumulative experience in the industry.

The legislative restriction on annual changes in premium rates has led to the current large cumulative deficits and once these are unraveled (by 2015), they will lead to large cumulative surpluses.

Milliman, which conducted the analysis, said the cumulative effect is that premiums could rise by more than 90 percent through 2021.

Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness.

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An option / rider that refunds premiums paid into an annuity less cumulative income payments made, upon the death of the annuitant.

Even if your policy's cash value is zero, your coverage will continue as long as the total amount of premiums paid has met the cumulative minimum required premium test.

Death Benefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments received.

For DIAs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments received.

For SPIAs with death benefit riders, a benefit would be due to a beneficiary if the cumulative income payments made are less than the initial premium paid.

He gets a guaranteed 10 % addition of each year's cumulative base premium.

Thus, two weeks before expiration, you're still able to capture a time premium of 1 % (14 % cumulative annually).

Under the proposal, any cumulative surplus recorded in the EI Operating Account will be returned to employers and employees through lower EI premium rates once the new mechanism takes effect.

On cumulative basis, total premium collected by all the non-life insurers grew by 19.46 per cent to Rs 72,564.42 crore during April - September.

No Lapse Guarantee1 The policy is guaranteed to remain in force during the first five policy years if the total premium paid (less withdrawals and indebtedness) is at least equal to the cumulative monthly no lapse premium required.

If the policy is surrendered or canceled before death, any loans received above the cumulative value of premiums paid will be subject to tax as growth on investment.

d. Level death benefit with cumulative gross premiums: The amount received is increased as the amount of the gross deposit added to the policy increases.

GSV = GSV Factor * cumulative annual premiums paid including the GSV of Simple Annual Reversionary bonuses

Whole life premiums are much higher than term insurance premiums, but because term insurance premiums rise with increasing age of the insured, the cumulative value of all premiums paid under whole and term policies are roughly equal if the policy continues to average life expectancy.

Death benefit is equal to the face amount, plus the sum of premiums, less cumulative partial surrender

Policyholder can either opt for a premium discount of 5 % for each claim free year till it reaches 50 % or can select the cumulative bonus option.

On survival of the life assured till maturity, sum assured on maturity with cumulative guaranteed accrual additions & large premium benefit.

Should the policy holder survive the entire term of the policy, this «return of premium» product will offer cash back in an amount that is equal to all of the cumulative base premiums that were paid into the policy at the end of the set policy term.

A super top - up plan makes more sense, if you want to get the best health insurance coverage in low premium, because it takes the cumulative value of claims in a year.

All these factors are the result of the cumulative analysis of your actual coverage requirement and also the amount you can spend to pay for your term life insurance premiums.

Guaranteed Additions are applied to the cumulative basic premiums paid and payable on simple rate @ 5.5 % or 6 %.

No claim bonus 5 % non cumulative discount will be offered on the premium payable at each renewal after every claim free policy year provided the policy is renewed with the company without any break.

For Regular / Limited Premium: Fund Value less (125 % of Annualized premium amount + cumulative nominal Top Up amount received in the last 60 calendar months).