Sentences with phrase «death benefit payable at»

If the life insurance death benefit paid to you is not greater than the amount of the life insurance death benefit payable at death then it is not taxable and you should not include it on your tax return.

The death benefit payable at any point in time will not be less than 105 % of all premiums paid.

Joint Life Insurance Joint Life Insurance provides coverage for two or more persons with the death benefit payable at the first death.

Joint Life and Survivor Insurance Joint Life and Survivor Insurance provides coverage for two or more persons with the death benefit payable at the death of the last of the insureds.

The death benefit payable at any point in time will not be less than 105 % of all premiums paid.

Not exact matches

This coverage can help protect your loved ones by providing cash benefits payable at your death.

Whole insurance offers lifelong protection with premiums that never increase, and provides cash benefits payable at your death.

The death benefit coverage in force at December 31, 2011 (representing the amount payable if all of approximately 480,000 contractholders had submitted death claims as of that date) was approximately $ 5.4 billion.

Under the second variant, a death benefit consists of a Lump Sum benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your benefit consists of a Lump Sum benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your benefit, which is payable instantly on demise, followed by the regular payouts in form of the total Fund Value and Family Income Benefit at the conclusion of the Term of your Benefit at the conclusion of the Term of your policy.

The coverage amount payable to your beneficiary at the end of your life, called your death benefit, usually has a maximum limit of around $ 25,000.

Where an ICBC insured at the date of death resulting from a motor vehicle accident comes within an age group set out in column A of the following Table and the insured has the status set out in column B, C or D, the amount of death benefit payable under section 92 is the amount set out below that status and opposite that age group.

Proceeds In life insurance or annuities, the net amount of death benefit payable by the company at the insured's death.

This rider enables your spouse, if he or she is the sole primary beneficiary, to continue your policy upon your death as the new owner, at a potentially higher policy value that includes any amount that would be payable under the Enhanced Beneficiary Benefit Rider.

The coverage amount payable to your beneficiary at the end of your life, called your death benefit, usually has a maximum limit of around $ 25,000.

The death benefit, payable if the insured stay at home spouse dies, could help pay for childcare, housekeeping, meals, and other services your family can't do without.

To determine the actuarial present value of the benefit we need to calculate the expected value E (Z)-LCB- \ displaystyle \, E (Z)-RCB- of this random variable Z. Suppose the death benefit is payable at the end of year of death.

If the benefit is payable at the moment of death, then T (G, x): = G - x and the actuarial present value of one unit of whole life insurance is calculated as

The Death Benefit promised by the contract is a fixed obligation calculated to be payable at the end of life expectancy, which may be 50 years or more in the future.

The lump sum death benefit is payable as long as the deceased worker was considered to be currently insured, which means they had at least 6 quarters of earnings covered by Social Security withholding during the full 13 - quarter period prior to their death.

When there is «gap,» or difference, between the cash value of the policy and the death benefit payable under the policy, this difference is the «net amount at risk» since it represents an amount of money that the insurer needs to pay with money that the policy has not yet earned.

No benefit for accidental death is payable if the Insured's death is caused or contributed to by: disease or infirmity of mind or body, or medical or surgical treatment for such disease or infirmity; an infection not occurring as a direct result or consequence of an accidental bodily injury; any attempt at suicide, or intentional self - inflicted injury, while sane or insane; travel in an aircraft or device used for testing or experimental purposes, used by or for military authority or used for travel beyond the earth's atmosphere; active participation in a riot or insurrection; committing or attempting to commit a felony; intoxication as defined by the jurisdiction where the accidental injury occurred; riding or driving an air, land or water vehicle in a race, speed or endurance contest; rock or mountain climbing; bungee jumping; or aeronautics (hang - gliding, skydiving, parachuting, ultralight, soaring, ballooning and parasailing).

Any benefits payable to the Insured Person and unpaid at the Insured Person's death will be paid to the Insured Person's estate.

Suicide Exclusion: If the Life Assured commits suicide within one year from the risk commencement date or revival date, if revived, whether sane or insane at that time, the Company will limit the Death Benefits to the Fund Value as available on the death date and no insurance benefit will be payDeath Benefits to the Fund Value as available on the death date and no insurance benefit will be paydeath date and no insurance benefit will be payable.

Maturity Benefit No amount is payable on maturity 1) Reducing Cover - The death benefit will be as per the monthly loan schedule stated at inception of the member coBenefit No amount is payable on maturity 1) Reducing Cover - The death benefit will be as per the monthly loan schedule stated at inception of the member cobenefit will be as per the monthly loan schedule stated at inception of the member contract.

Option B - Income Protection Under this option, the Death Benefit shall be payable as Monthly Income (payouts made each month) to your nominee during the payout period as chosen by you at inception of policy.

Suicide Exclusions: If the Life Assured commits suicide within 12 months from the policy commencement date or revival date, whether sane or insane at that time, the Company will limit the Death Benefit to the Fund Value and no insurance benefit will be pBenefit to the Fund Value and no insurance benefit will be pbenefit will be payable.

Life Annuity Increasing at a Simple Rate of 3 % p.a.: The annuitant shall receive an annuity pay - out throughout the lifetime increasing at a simple rate of 3 % p.a. while no death benefits shall be payable

The policyholder enjoys the Guaranteed Death Benefit which is payable to the person nominated at the time of the death of the policyhoDeath Benefit which is payable to the person nominated at the time of the death of the policyhodeath of the policyholder.

In case of death of the insured during the tenure of the plan, the death benefit payable depends on the applicable variant at the time of death.

Suicide Exclusion: If the Life Assured commits suicide within one year from the Policy Commencement Date, whether sane or insane at the time, the Company will limit the Death Benefit to the Fund Value as available on the date of death and no insurance benefit will be payDeath Benefit to the Fund Value as available on the date of death and no insurance benefit will be pBenefit to the Fund Value as available on the date of death and no insurance benefit will be paydeath and no insurance benefit will be pbenefit will be payable.

The highlights of the key features and benefits are as follows: ● There are maturity benefits with a sum assured at the end of the term plan ● There are death benefits ● Annual income payments to the family in case of an untimely death ● Maturity amount is free from tax under section 10D, and Premium payable is applicable for rebate under section 80C ● The Policy garners profits from LIC in the way of bonuses

Death benefit: If the policy holder dies untimely, then the sum payable will be the total of the sum assured at death and all bonuses added tDeath benefit: If the policy holder dies untimely, then the sum payable will be the total of the sum assured at death and all bonuses added tdeath and all bonuses added to it.

Chosen «Monthly Benefit» will be paid monthly in arrear increasing at 5 % every policy year to the nominee till the end of the term OR 5 years, whichever is later on death of life assured, payable when the unfortunate event of death of life assured has been confirmed.

LIC's Accidental Death and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acciDeath and Disability Rider UIN (512B209V01): If this benefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acbenefit is opted for an additional amount equal to the Accidental Benefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the acBenefit Sum Assured is payable on death due to accident, provided the rider is in full force at the time of the accideath due to accident, provided the rider is in full force at the time of the accident.

When the cash value and the death benefit equal each other, at age 100, the policy is said to be «matured»; the policy is then payable to you at your age 100.

The death benefit is graded which means that it is not payable until after being insured for at least two years.

The policy holder has 2 options (in case regular premium mode has been selected) to decide on the death benefit payable to the nominee at the time of buying the iMaximize Plan.

The Sum Assured chosen by him is Rs. 3,00,000 for which he is paying a premium of Rs. 16,136 p.a.. On maturity date, Nitin will receive the following Maturity Benefit: In case of unfortunate death of Nitin at the end of the 10th policy, the nominee will receive trhe Death Benefit as given below: 1) Death Benefit payable immediately 2) Death Benefit payable Income Benefit: Rs. 2,500 will be paid every month for 120 modeath of Nitin at the end of the 10th policy, the nominee will receive trhe Death Benefit as given below: 1) Death Benefit payable immediately 2) Death Benefit payable Income Benefit: Rs. 2,500 will be paid every month for 120 moDeath Benefit as given below: 1) Death Benefit payable immediately 2) Death Benefit payable Income Benefit: Rs. 2,500 will be paid every month for 120 moDeath Benefit payable immediately 2) Death Benefit payable Income Benefit: Rs. 2,500 will be paid every month for 120 moDeath Benefit payable Income Benefit: Rs. 2,500 will be paid every month for 120 months.

If the premium is not paid, the policy lapses, and unless reinstated in some way, no benefits are payable at the time of death.

The policy holder has 2 options (in case regular premium mode has been selected) to decide on the death benefit payable to the nominee at the time of buying the

This plan provides a lumpum payout payable immediately on death, followed by regular payouts in the form of Family Income Benefit and the total Fund Value at the end of the Policy Term.

The plan is eligible for the bonuses declared by the company.A simple Reversionary Bonus which is declared at the end of each financial year and is payable either on death or on maturity, whichever event happens first.The plan offers minimum 3 % guaranteed reversionary bonus.A Terminal Bonus may be added to a policy which depends on the actual future experience it is not a guaranteed benefit.

Scenario B: Rajesh dies during the Term of the Policy In the event of Rajesh's death at the end of the 5th policy year, the death benefit is the Sum Assured payable immediately and all future premiums are waived.

Scenario B: Chirag dies during the Term of the Policy In the event of death of Chirag at 40 years of age, the death benefit payable is Rs 5,25,000 as a lump sum to the family.

The Death Benefit payable should be at least 105 % of the total premiums (including top - up premiums) paid.

The total Death Benefit payable should be at least equal to 105 % multiplied by sum of all the premiums paid till the date of dDeath Benefit payable should be at least equal to 105 % multiplied by sum of all the premiums paid till the date of deathdeath.

In the event of the demise of Mukesh within the policy term, the death benefit payable is the sum of Immediate Benefit, Monthly Payout & Benefit at Maturitbenefit payable is the sum of Immediate Benefit, Monthly Payout & Benefit at MaturitBenefit, Monthly Payout & Benefit at MaturitBenefit at Maturity Date.

The minimum death benefit payable is at least 105 % of all the premiums paid.

Scenario B - Death Benefit: In the event of his death at the end of the 1st policy year, the Death Benefit payable is higher of Total Sum assured on Death, Total Fund Value or 105 % of all premiums Death Benefit: In the event of his death at the end of the 1st policy year, the Death Benefit payable is higher of Total Sum assured on Death, Total Fund Value or 105 % of all premiums death at the end of the 1st policy year, the Death Benefit payable is higher of Total Sum assured on Death, Total Fund Value or 105 % of all premiums Death Benefit payable is higher of Total Sum assured on Death, Total Fund Value or 105 % of all premiums Death, Total Fund Value or 105 % of all premiums paid.

The death benefit payable is at least 105 % of the total premiums paid.